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NEW YORK (AP) — New York City Mayor Eric Adams met with President-elect Donald Trump's incoming “border czar” on Thursday, with the Democratic mayor expressing an enthusiasm to work with the incoming administration to pursue violent criminals in the city while Trump promises mass deportations. The mayor's meeting with Tom Homan, who will oversee the southern and northern borders and be responsible for deportation efforts in the Trump administration, came as Adams has welcomed parts of the president-elect's hardline immigration platform. Adams told reporters at a brief news conference that he and Homan agreed on pursuing people who commit violent crimes in the city but did not disclose additional details or future plans. “We’re not going to be a safe haven for those who commit repeated violent crimes against innocent migrants, immigrants and longstanding New Yorkers," he said. “That was my conversation today with the border czar, to figure out how to go after those individuals who are repeatedly committing crimes in our city.” The meeting marked Adams' latest and most definitive step toward collaborating with the Trump administration, a development that has startled critics in one of the country's most liberal cities. In the weeks since Trump’s election win, Adams has mused about potentially scaling back the city’s so-called sanctuary policies and coordinating with the incoming Trump administration on immigration. He has also said migrants accused of crimes shouldn’t have due process rights under the Constitution, though he eventually walked back those comments. The mayor further stunned Democrats when he sidestepped questions last week on whether he would consider changing parties to become a Republican, telling journalists that he was part of the “American party.” Adams later clarified that he would remain a Democrat. For Adams, a centrist Democrat known for quarreling with the city's progressive left, the recent comments on immigration follow frustration with the Biden Administration over its immigration policies and a surge of international migrants in the city. He has maintained that his positions have not changed and argues he is trying to protect New Yorkers, pointing to the law-and-order platform he has staked out throughout his political career and during his successful campaign for mayor. At his news conference Thursday, Adams reiterated his commitment to New York’s generous social safety net. “We’re going to tell those who are here, who are law-abiding, to continue to utilize the services that are open to the city, the services that they have a right to utilize, educating their children, health care, public protection,” he said. “But we will not be the safe haven for those who commit violent acts.” While the education of all children present in the U.S. is already guaranteed by a Supreme Court ruling, New York also offers social services like healthcare and emergency shelter to low-income residents, including those in the country illegally. City and state grants also provide significant access to lawyers, which is not guaranteed in the immigration court as they are in the criminal court. Still, Adams’ recent rhetoric has been seen by some critics as an attempt to cozy up to Trump, who could potentially offer a presidential pardon in his federal corruption case. Adams has been charged with accepting luxury travel perks and illegal campaign contributions from a Turkish official and other foreign nationals looking to buy his influence. He has pleaded not guilty. Homan, who was Trump’s former acting U.S. Immigration and Customs Enforcement director, also met this week with Republicans in Illinois, where he called on Gov. J.B. Pritzker and Chicago Mayor Brandon Johnson, both Democrats, to start negotiations over how Trump's mass deportation plans, according to local media. Separately, New York City officials this week announced continued efforts to shrink a huge emergency shelter system for migrants because of a steady decline in new arrivals. Among the planned shelter closures is a massive tent complex built on a federally owned former airport in Brooklyn, which advocates have warned could be a prime target for Trump's mass deportation plan. Elsewhere, Republican governors and lawmakers in some states are already rolling out proposals that could help him carry out his pledge to deport millions of people living in the U.S. illegally. Izaguirre reported from Albany, N.Y.Natixis Advisors LLC raised its holdings in shares of Blue Owl Capital Inc. ( NYSE:OWL – Free Report ) by 6.8% in the 3rd quarter, Holdings Channel reports. The firm owned 246,878 shares of the company’s stock after purchasing an additional 15,701 shares during the quarter. Natixis Advisors LLC’s holdings in Blue Owl Capital were worth $4,780,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Other institutional investors have also recently added to or reduced their stakes in the company. Transcendent Capital Group LLC bought a new position in shares of Blue Owl Capital during the first quarter worth about $26,000. ORG Partners LLC bought a new position in shares of Blue Owl Capital during the second quarter worth about $32,000. ORG Wealth Partners LLC bought a new position in shares of Blue Owl Capital during the third quarter worth about $32,000. Family Firm Inc. bought a new position in shares of Blue Owl Capital during the second quarter worth about $40,000. Finally, Rothschild Investment LLC bought a new position in shares of Blue Owl Capital during the second quarter worth about $45,000. Institutional investors own 35.85% of the company’s stock. Analyst Upgrades and Downgrades Several equities analysts have recently commented on the stock. Wells Fargo & Company upped their price target on shares of Blue Owl Capital from $18.50 to $21.00 and gave the stock an “equal weight” rating in a research report on Wednesday, October 9th. Oppenheimer upped their price objective on shares of Blue Owl Capital from $21.00 to $24.00 and gave the stock an “outperform” rating in a report on Wednesday, October 16th. Evercore ISI upped their price objective on shares of Blue Owl Capital from $21.00 to $22.00 and gave the stock an “outperform” rating in a report on Tuesday, October 8th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Blue Owl Capital from $23.00 to $24.00 and gave the stock a “buy” rating in a report on Friday, November 1st. Finally, Piper Sandler upped their price objective on shares of Blue Owl Capital from $23.00 to $25.00 and gave the stock an “overweight” rating in a report on Friday, November 1st. Four analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $22.31. Blue Owl Capital Stock Performance Shares of NYSE:OWL opened at $24.55 on Friday. Blue Owl Capital Inc. has a twelve month low of $13.01 and a twelve month high of $24.70. The firm has a market cap of $36.67 billion, a PE ratio of 144.42, a price-to-earnings-growth ratio of 1.57 and a beta of 1.14. The business has a fifty day moving average of $21.55 and a 200-day moving average of $19.14. Blue Owl Capital ( NYSE:OWL – Get Free Report ) last announced its quarterly earnings data on Thursday, October 31st. The company reported $0.20 EPS for the quarter, hitting analysts’ consensus estimates of $0.20. Blue Owl Capital had a return on equity of 19.98% and a net margin of 4.95%. The firm had revenue of $600.88 million during the quarter, compared to analyst estimates of $565.93 million. During the same period last year, the company earned $0.16 earnings per share. On average, analysts anticipate that Blue Owl Capital Inc. will post 0.78 EPS for the current fiscal year. Blue Owl Capital Dividend Announcement The company also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Monday, November 11th were paid a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 2.93%. The ex-dividend date was Monday, November 11th. Blue Owl Capital’s payout ratio is 423.55%. About Blue Owl Capital ( Free Report ) Blue Owl Capital Inc operates as an asset manager in the United States. The company offers permanent capital base solutions that enables it to offer holistic framework of capital solutions to middle market companies, large alternative asset managers, and corporate real estate owners and tenants. It also provides direct lending products that offer private credit products comprising diversified, technology, first lien, and opportunistic lending to middle-market companies; liquid credit; GP strategic capital products, which offers capital solutions, including GP minority stakes, GP debt financing, and professional sports minority stakes; and real estate products that focuses on acquiring triple net lease real estate by investment grade or creditworthy tenants. See Also Want to see what other hedge funds are holding OWL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Blue Owl Capital Inc. ( NYSE:OWL – Free Report ). Receive News & Ratings for Blue Owl Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Blue Owl Capital and related companies with MarketBeat.com's FREE daily email newsletter .

TORONTO, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Western Metallica Resources Corp. (TSXV: WMS ) (“ Western Metallica ” or the “ Company ”) is pleased to announce that drill crews working at the Luz Maria copper-molybdenum drill program have completed the first hole ever drilled at its 100% owned Caña Brava project. Drill hole LM24DD001 was completed by contractor Energold to a depth of 396.1 metres, and drilling of the second hole is currently underway. Logging of drill holes LM24DD001 and LM24DD002 confirms the presence of a complex Cu-Mo porphyry system, with multiple intrusion phases, and multiple alteration and mineralization events. Alteration and mineralization are observed in both the intrusive rocks and the wall rock siliciclastic sedimentary rocks. The current drill program is aimed at testing the copper-molybdenum mineralization found over an area of 500 by 300 metres, centered on strongly altered diorite and monzonite outcrops located at the bottom of a dry creek. This geochemical anomaly is coincident with strong anomalies identified during magnetic and Induced Polarization surveys carried out by the Company during 2024. A recent cluster classification analysis of the geophysical surveys has highlighted two targets to be prioritized: class 5 with medium resistivity, high chargeability and high mag-susceptibility, and class 6 with medium/low resistivity, high chargeability, high metal factor and high magnetic susceptibility ( refer to figures 4 and 5 ). Copper and molybdenum mineralization is closely related to the intensity of quartz veining within strong potassic alteration, represented by secondary biotite, overprinted by a phyllic assemblage of quartz-sericite ± chlorite. The alteration footprint of the system extends over an area of at least 2.7 km by 1.5 km, while the drilling area covers only 5% of the total. Samples of core from hole LM24DD001 have been now entirely submitted to the SGS laboratory in Lima and the expected turn around time to receive the complete set of assays is 15 days. Figure 1 – Hole LM24DD001 at 239.2 meters. Biotite-altered monzonite with (1) sinuous quartz, (2) quartz-sericite-pyrrhotite-chalcopyrite, (3) quartz-pyrrhotite-chalcopyrite, (4) irregular quartz-pyrrhotite-chalcopyrite-pyrite-molybdenite (sericite selvage), and (5) sinuous quartz-sericite veinlets and disseminated chalcopyrite. Figure 2 – Hole LM24DD001 at 265 meters. Biotite-altered slate with quartz-pyrrhotite-molybdenite-chalcopyrite veining and disseminated chalcopyrite. Figure 3 – Hole LM24DD002 at 65.90 meters. Biotite-altered Hornblende monzonite with overprinted quartz-sericite ± chlorite alteration. Stockworking is constituted by quartz-pyrrhotite-molybdenite, pyrite-chalcopyrite-molybdenite and quartz-pyrrhotite-molybdenite veining. Figure 4 - Luz Maria: 3D views of the Cluster Analysis Model – Looking WNW. Figure 5 - Luz Maria prospect: Drill hole location and 1,150 meters ASL slice of the Cluster Analysis Model. Background Western Metallica holds the option to acquire 100% of the mineral claims, rights, and interests in Caña Brava, a Cu-Mo project located in Northern Peru ( refer to press release dated August 10, 2023 ). The project lies within the under-explored Northern sector of the Cu-Mo metallogenic belt of Eocene age that hosts, to the South, world class deposits such as Las Bambas (MMG), Cotabambas (Panoro Minerals Ltd.), Constancia (Hudbay Minerals Inc.), Antapacay (Glencore) and discoveries such as Elida (Element 29 Resources), the first porphyry deposit of this age discovered in North Peru. The Company ́s Caña Brava Project is well located in close proximity to industrial ports, major paved roads and is comprised of large, contiguous mineral concessions conducive to future project scalability. The Caña Brava Project is a highly prospective 5,700-hectare package of concessions located 30 kilometres from the Peruvian coast, at an elevation of 1,500 metres in the Western Cordillera of the Peruvian Andes. The Caña Brava Project is neighboring Hudbay’s Llaguen Cu-Mo Project which lies on the Western margin of the Miocene epithermal-porphyry copper-gold belt of Northern Peru, with the potential for Caña Brava to similarly host shallow high-grade mineralization across a considerable alteration footprint. Western Metallica recently announced the launch of a first drill program at its Luz Maria copper-molybdenum porphyry prospect after having received its permit to drill from 19 platforms ( refer to press release dated July 15, 2024 ). Luz Maria is a well-preserved porphyry system and priority drill target at the Caña Brava Project, where exploration work to date has successfully defined a cluster of multi-stage mineralized intrusions within a large 2.7-kilometre by 1.5-kilometre phyllic to incipient biotite-replacement alteration footprint, comparable in size to other major Peruvian porphyry deposits, and featuring multiple mineralized intrusion events ( refer to press release dated September 24, 2024 ). The Company is also advancing with the drilling permitting on its Caña Brava 1 prospect, located on the Northwest sector of the Caña Brava Project, characterized by a distinctive 1.5-kilometre by 1.5-kilometre sized leached zone with goethite and hematite box works. Both environmental and social base lines, required to support the FTA process, have been completed for this sector. At Caña Brava 1, the diamond-sawn channel sampling campaign confirmed grades up to 0.3% Cu from 7 different intrusive recognized to date. Quality Assurance and Quality Control Sample preparation and analyses are conducted according to standard industry procedures. Rock samples are crushed, split, and pulverized prior to analysis of Gold by fire assay and Atomic Absorption and multi-elements by ICP-AES after four acid digestion. Analytical performance is monitored by means of certified reference materials (CRMs), coarse and fine blanks, coarse and pulp duplicate samples. Samples are prepared and analysed in SGS lab in Lima, Peru. Qualified Persons The technical and scientific information in this press release has been reviewed and approved by Mr. Giovanni Funaioli, EurGeol, Vice President Exploration of Western Metallica, who is a “Qualified Person" as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects. Mr. Giovanni Funaioli is an employee of the Company and is not considered independent under NI 43-101. About Western Metallica Resources Corp. Western Metallica is an Ontario registered company with its head office in Toronto, Ontario, trading on the TSX Venture Exchange under symbol WMS. Western Metallica is in the business of mineral resource exploration and development and holds the option to acquire a 100% interest in the Caña Brava copper-molybdenum project located in La Libertad Department, Peru. Western Metallica is also advancing its 100% owned Nueva Celti Copper Property in the Ossa Morena belt in Andalusia, Spain, and three other Spanish gold projects in the “Navelgas Gold Belt” in Asturias, Spain (Penedela, Valledor and Sierra Alta). Further information of the Company can be found at: www.westernmetallica.com For more information please contact: Western Metallica Resources Corp. Gregory Duras Chief Executive Officer Email: gduras@westernmetallica.com Investor Relations Email: info@westernmetallica.com Cautionary Notes The TSXV has neither approved nor disapproved the contents of this press release. Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this press release. This press release contains statements that constitute “forward-statements.” Such forward looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, performance or achievements, or developments to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Although the Company believes, in light of the experience of its officers and directors, current conditions and expected future developments and other factors that have been considered appropriate that the expectations reflected in this forward-looking information are reasonable, undue reliance should not be placed on them because the Company can give no assurance that they will prove to be correct. When used in this press release, the words “estimate”, “project”, “belief”, “anticipate”, “intend”, “expect”, “plan”, “predict”, “may” or “should” and the negative of these words or such variations thereon or comparable terminology are intended to identify forward-looking statements and information. The forward-looking statements and information in this press release include information relating to the planned drill program and the development of the Company’s projects and other mining projects and prospects thereof, the impact of the management additions on the Company; and the potential and economic viability of the Caña Brava Project. Such statements and information reflect the current view of the Company. Risks and uncertainties that may cause actual results to differ materially from those contemplated in those forward-looking statements and information. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. The forward-looking information contained in this news release represents the expectations of the Company as of the date of this news release and, accordingly, is subject to change after such date. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. The Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change. Photos accompanying this announcement are available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/4a8c6231-e5b3-473d-af5a-78da360f2bd6 https://www.globenewswire.com/NewsRoom/AttachmentNg/5d51f2cb-205d-49bf-a806-c0117bffd165 https://www.globenewswire.com/NewsRoom/AttachmentNg/d9ab216f-cd2a-4d78-806a-6988e54c3034 https://www.globenewswire.com/NewsRoom/AttachmentNg/c96aa9e6-0a1b-449a-8050-79cbe32f98f4 https://www.globenewswire.com/NewsRoom/AttachmentNg/da670209-ba40-4edc-a03e-7f3e3ae88844