Salazar Resources Limited: Salazar Reports a High-Grade Tungsten-Silver Intersection at the Pijili Project, Ecuador: 2.00 Metres Grading 1.80% W (2.27% WO3) and 740 g/t Ag

Salazar Resources Limited (TSXV:SRL, OTCQB:SRLZF, FSE:CCG) says its Monja copper-gold porphyry footprint is 1.5 km by 0.5 km, with 64% of 99 rock samples above 300 ppm Cu and top grades including 1.71% Cu and 0.99 g/t Au. Ecuador’s ARCOM issued Resolution ARCOM-006/26 exempting exploration-stage projects from a 2026 oversight fee. Salazar also cites an independent SRK report confirming El Domo after-tax NPV of US$573m (8% discount), up from US$259m in 2021, and a July 24 Canada-Ecuador free trad

Salazar Resources Limited (TSXV: SRL, OTCQB: SRLZF) reported an updated NI 43-101 Technical Report for its Curipamba-El Domo polymetallic project in Ecuador, prepared by SRK Consulting for operator Silvercorp Metals (75%). Salazar’s 25% carried interest. After-tax NPV(8%) is US$573m, up 121% vs the 2021 feasibility study. Construction is fully funded, first production expected mid-2027.

BioNTech (NASDAQ:BNTX) halted a mid-stage trial of its mRNA cancer vaccine, autogene cevumeran, due to an overall survival imbalance. The decision raises concerns about its mRNA strategy in colorectal cancer and other 'cold' tumors. BioNTech plans to continue other trials, including one for pancreatic cancer and BNT113 for head and neck cancer. The company also focuses on diversifying its oncology pipeline. According to Reuters, the news caused a 7.5% drop in BioNTech's US-listed shares.

Volkswagen (VW) plans to produce components for Israel's Iron Dome missile defense system at its Osnabrück, Germany factory. The move is part of VW's restructuring efforts amid economic challenges and competition. The project involves a joint venture with Israeli defense company Rafael and the German state of Lower Saxony, aiming to overcome opposition from Qatar's sovereign wealth fund, a VW stakeholder. This marks VW's return to defense-related manufacturing as European defense spending rises.

Piper Sandler raised its price target for ExxonMobil (XOM) to $185, citing strong fundamentals, cost savings, and growth in Guyana. XOM's Q2 earnings beat expectations, with high free cash flow and shareholder returns. However, risks include exposure to Middle East conflicts and potential crude price normalization. XOM's stock has risen 30% in 2026, with a 16% upside implied by the new target.

Baker Hughes (BKR) secured a multi-year contract with Pakistan's OGDC to enhance production from mature oil and gas fields. The deal involves assessing 120 wells and providing tailored redevelopment plans. Baker Hughes aims to use AI and other technologies to improve flow assurance and restore production. The contract aligns with Baker Hughes' strategy to diversify revenue and reduce reliance on short-term drilling cycles, as evidenced by a 49% YoY increase in orders to $10.5 billion in Q2. Howe