Sprott Active Metals & Miners ETF

METL

Market cap $81.2M

Is now the time to consider hopping back into silver investing? Sure, the precious metal may tend to be a bit more volatile than gold, but it is certainly offering a compelling value proposition for the months to come.

TORONTO, ON – TheNewswire - June 22, 2026 – Metalite Resources Inc. (CSE: METL) (OTC Pink: JNCCF) (FSE: D680) (" Metalite " or the " Company ") is pleased to announce that it has entered into a definitive asset purchase agreement dated June 19, 2026 (the “ Definitive Agreement ”) with Launay Gold Corp. (“ Launay ”) and Cachee Gold Mines Corp. (“ Cachee ”), pursuant to which Metalite has agreed to acquire, directly or indirectly, a 100% undivided interest in and to the Launay Gold Property located in Québec, Canada (the “ Launay Gold Property ” or the “Transaction”), subject to certain pre-existing net smelter return royalties. Chris Hazelton, CEO of Metalite, commented: " Entering into the Definitive Agreement for the Launay Gold Property represents an important step in building Metalite's portfolio of mineral exploration projects. The addition of Launay, located in Québec's Abitibi region, complements the Company's existing 100%-owned Arthurs Seat Silver-Antimony project in New South Wales, Australia. We believe the Company will be well positioned to advance both assets through focused technical evaluation, exploration planning and target development. "

The global push, particularly in Western nations, towards advanced technology in the defense sector is amplifying the realization that critical supply chains run through China. For defense strategists, this reliance becomes a roadblock on the path to critical mineral independence.

While gold has proved to be a hot commodity for the last few months, some naysayers have looked at March's short-term volatility as a reason to stay away from the precious metal for now.

In recent months, there has been a lot of discussion about the importance of amplifying the domestic production and supply chains for rare earths in the United States. Given that China maintains a significant hold over the global market, the U.S. looking to increase its own rare earths presence makes a good deal of sense.

Key Takeaways While energy investments of all kinds have struggled amid conflict in the Middle East, uranium might offer a compelling long-term opportunity. Sprott Asset Management CEO John Ciampaglia noted that uranium's fundamentals remain sound, and that it remains far harder to substitute or replace than other metals investors tend to allocate towards.

Silver is entering its sixth consecutive year of a structural supply deficit, as global production fails to keep pace with the massive demand required for the clean energy transition and AI infrastructure.

A new commodity supercycle is taking shape in the early innings of 2026. According to a recent Sprott report, Why Critical Materials Are Leading the New Commodity Cycle, a structural shift that emphasizes deglobalization, energy security, and fiscal dominance is driving the current critical minerals market.

Since its launch in September 2025, the Sprott Active Metals & Miners ETF has significantly outperformed the broader "Natural Resources" category, posting a cumulative return of over 50%. While gold dominated 2024–2025, METL has differentiated itself by becoming overweight in Copper and Uranium. The fund serves as a strategic hedge against geopolitical risks and will benefit from metal prices staying higher for longer.

Despite falling below $5,000 recently, it could be an opportune time to strike and purchase the dip in gold prices. Fundamental demand drivers could continue to push the precious metal higher through the rest of the year.