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September 8, 2025

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A small group of Republican lawmakers who did not feel their leaders were pushing a conservative enough agenda first began meeting in secret a decade ago, huddling in small rooms both inside and outside the U.S. Capitol, while closely guarding their membership for fear of punishment by top House GOP leaders.

Fast-forward to Thursday morning, and the House Freedom Caucus (HFC) was welcoming its members, top GOP donors, Trump administration officials and even Speaker Mike Johnson, R-La., to an ornate room inside Washington, D.C.’s Willard Hotel to mark its decade anniversary and its first annual policy summit.

‘It’s a big celebration and an anniversary for them, and I want to be a part of it,’ Johnson told Fox News Digital just before addressing the group. ‘Some of my closest friends are in this room.’

The caucus that former House Speaker John Boehner, R-Ohio, once called ‘legislative terrorists’ are now at the center of key Republican policy fights in Washington. And while they’re still a source of frustration for many GOP lawmakers – who find the group to be disruptive to Republicans’ agenda – HFC is hiding no more and has the ear of some of the most powerful people in D.C.

‘This was never our goal, you know, but we wanted to have an impact,’ Rep. Marlin Stutzman, R-Ind., a founding member of HFC who left Congress and returned in 2025, told Fox News Digital of the event at the Willard. ‘There’s always a lot of agreement in the conference, like, ‘Oh yeah, we would like to get there,’ but…sometimes you kind of need the difficult people to help move it a little bit further to the right than what you thought you might be able to.’

And rather than being a thorn in the side of Republican leaders, HFC is trying to work hand-in-hand with President Donald Trump to push for conservative policies.

They are not going against the grain any longer, House Freedom Caucus Chair Andy Harris, R-Md., told Fox News Digital.

‘We’re driving the grain,’ he said. ‘We work with the president to advance his agenda in the most conservative way possible, and we’ve been successful.’

Border czar Tom Homan, who also addressed the event along with Office of Management and Budget (OMB) Director Russell Vought, told Fox News Digital that HFC was key to advancing Trump’s border agenda.

‘They’re on the right side,’ Homan said. ‘They want to secure the border because they know a secure border, a strong border, gives us strong national security…they want us to enforce the laws.’

In late 2023, a group of HFC members were key to successfully pushing out a House speaker mid-congressional term for the first time in U.S. history.

They’ve also played significant roles in pushing Republican spending bills and the recent One Big, Beautiful Bill Act to the right – at least in the House.

Even in the middle of their two-day event on Thursday, some HFC members threatened to sink a GOP-led spending bill as a warning shot to House leaders to keep on a conservative path.

The approach has been seen as divisive for years, and this year is no different.

‘They act as if they are the only principled conservatives in the conference. It’s almost as if they would rather be in the minority,’ one House Republican, granted anonymity to speak freely, told Fox News Digital. ‘They love the attention they get when they hold out, only to fold in the end. It’s why no one respects them.’

Another GOP lawmaker said, in the context of current talks to avert a government shutdown, ‘The Freedom Caucus is not what it was two years ago or even four years ago. I don’t know what you call them, but Andy Harris speaks for himself.’

‘What is the goal of the Freedom Caucus? Is it to win? Is it to fold?’ they asked. ‘I mean, have they lost their teeth? From an outside perspective, no, I still think they get heard.’

Current HFC members brushed off the criticism.

‘We’re willing to negotiate with Donald Trump and the Senate to beat Democrats with the most conservative bill possible, so please keep assuming that we’re dead, and please keep writing that obituary, because we’re winning,’ HFC Policy Chair Chip Roy, R-Texas, told Fox News Digital.

Harris said of the critics, ‘If winning is folding, then I’ll fold every time.’

Indeed, the group does have the ear of the White House.

Former HFC Chair Scott Perry, R-Pa., who gave opening remarks during a portion of the summit exclusively viewed by Fox News Digital, revealed that White House aides attended the group’s recent meeting with conservative senators.

‘Last night, with representatives from the White House, we were asked, ‘What is the plan?’ I’m not exaggerating, this is your Freedom Caucus, the ‘legislative terrorists’ in the room where it happened,’ Perry told the audience.

But the group is expected to see some high-profile departures in the next congressional term: Roy is running for Texas Attorney General, and Reps. Andy Biggs, R-Ariz., and Byron Donalds, R-Fla., are both running for governor, among others.

Roy told Fox News Digital of the turnover, ‘We’ve had a conversation. We have things we want to do to help kind of make sure and ensure the longevity. Right now, we’ve got to make sure the good people are running. We have to make sure we continue to grow the ranks of the Freedom Caucus.’

And newer members have signaled they’re ready to fill the ranks of those left behind.

‘Now that I’ve been here, and it’s my third year, and I get comfortable with this, it gives me a lot more confidence to know what is the right path or what’s the wrong path,’ said Rep. Eric Burlison, R-Mo., whose profile in HFC has risen in his short time in Congress. ‘And I think there’s other members like me that are – as these guys step away, there’s plenty of really talented members to step in their shoes.’

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President Donald Trump wants to bring the death penalty back to Washington for those convicted of murder amid his crime crackdown in the District — even though capital punishment has been outlawed there for decades. 

While Washington, D.C.’s Superior Court that handles local trial matters is barred from utilizing the death penalty, and any changes at that level likely would require intervention from the D.C. City Council or Congress, the death penalty is legal at the federal level. 

As a result, Trump would seek to capitalize on capital punishment in Washington for those convicted of federal crimes, according to Matthew Cavedon, the director of the Cato Institute’s Project on Criminal Justice. 

‘What would happen is, on major crimes, the U.S. Department of Justice would be prosecuting those cases through the United States Attorney’s Office,’ Cavedon said. ‘And that’s the new U.S. attorney, Jeane Pirro. Those cases would be brought in U.S. District Court… rather than D.C. Superior Court and D.C.’s internal court system.’

Trump laid out his plans to revive the death penalty in Washington during an August Cabinet meeting while discussing efforts to drive down crime in the nation’s capital. Trump has dispatched hundreds of D.C. National Guard troops to combat crime in Washington — resulting in more than 1,600 arrests since Aug. 11. 

‘If somebody kills somebody in the capital, Washington, D.C., we’re going to be seeking the death penalty,’ Trump told reporters during an August Cabinet meeting. ‘And that’s a very strong preventative. And everybody that’s heard it agrees with it. I don’t know if we’re ready for it in this country, but we have it.… We have no choice.’

The White House referred Fox News Digital back to Trump’s comments at the Cabinet meeting.

Trump has long voiced support for the death penalty, and issued an executive order in January titled ‘Restoring the Death Penalty and Protecting Public Safety.’ The order calls for the attorney general to ‘pursue the death penalty for all crimes of a severity demanding its use.’ 

‘Capital punishment is an essential tool for deterring and punishing those who would commit the most heinous crimes and acts of lethal violence against American citizens,’ the order said. ‘Before, during, and after the founding of the United States, our cities, States, and country have continuously relied upon capital punishment as the ultimate deterrent and only proper punishment for the vilest crimes.’

That executive order, coupled with Trump’s statements on the matter, show he will request federal prosecutors to seek the death penalty in D.C. murder cases, Cavedon said. 

The D.C. Council officially rescinded the death penalty in 1981, and voters in the nation’s capital rejected the death penalty in a 1992 referendum, according to the nonprofit organization the Death Penalty Information Center. There hasn’t been an execution in Washington since 1957. 

Twenty-seven states still permit the death penalty, while 23 states do not have capital punishment. Four states — California, Pennsylvania, Ohio and Oregon — have a hold on executions, per orders from their respective governors.

Trump’s push to revitalize the death penalty could push those states to eradicate it at the state level, Cavedon said.

‘Something like the president calling for lots and lots of executions might be enough to tip things over and get places like California to just do away with the death penalty on the state side,’ Cavedon said. 

Meanwhile, Trump’s effort is unnecessary since crime is on the decline in Washington and studies consistently show that the murder rate is lower in states without the death penalty, according to Cliff Sloan, who teaches constitutional law and death penalty litigation at Georgetown Law. 

‘It’s unnecessary because the D.C. homicide rate has been declining and, even more fundamentally, because there is absolutely no correlation between the death penalty and a reduction in homicides,’ Sloan said in an email to Fox News Digital. ‘States that have done away with the death penalty have not seen any increase in homicides. States that actively impose the death penalty, in contrast, have very high homicide rates.’

Although a majority of Americans – 53% – still back the death penalty, public support is declining and has reached a five-decade low, according to a Gallup poll released in November.

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Jeffrey Epstein’s estate is expected to begin handing documents over to Capitol Hill lawmakers on Monday, pursuant to a subpoena issued by the House Oversight Committee last month.

Trustees tasked with handling the late pedophile’s matters were ordered to turn over a tranche of files, including his infamous ‘birthday book,’ as part of House lawmakers’ investigation into Epstein and his accomplice Ghislaine Maxwell.

A committee aide told Fox News Digital on Monday that they expect the first production of documents from the Epstein estate that day, but they did not elaborate on what the first tranche might contain.

A lawyer representing the executors of Epstein’s estate confirmed to Fox News Digital that files would be handed over Monday.

‘As the Co-Executors have always said, they will comply with all lawful process in this matter, and that includes the subpoena issued by the House Committee on Oversight and Government Reform,’ the attorney said.

‘As part of the Estate’s compliance with that subpoena, the Co-Executors have arranged to produce documents, records and other materials to the Committee on an agreed-on schedule, commencing today as requested by the Committee.’

Committee Chair James Comer, R-Ky., sent a letter on Aug. 25, requesting a slew of documents by Sept. 8.

‘It is our understanding that the Estate of Jeffrey Epstein is in custody and control of documents that may further the Committee’s investigation and legislative goals. Further, it is our understanding the Estate is ready and willing to provide these documents to the Committee pursuant to a subpoena,’ Comer wrote at the time.

Subpoenaed documents include all entries in a book compiled by Maxwell for Epstein’s 50th birthday, Epstein’s will and information on his 2008 non-prosecution agreement.

Lawmakers hope that the ‘birthday book,’ which allegedly includes personalized messages from Epstein’s friends and associates, will shed light on his personal connections. The information is likely to be dated, however, with the book having been compiled in 2003.

Information is also being sought on Epstein’s financial transactions, call and visitor logs, and ‘any document or record that could reasonably be construed to be a potential list of clients involved in sex, sex acts, or sex trafficking facilitated by Mr. Jeffrey Epstein,’ according to a copy of the subpoena viewed by Fox News Digital.

Comer has subpoenaed a litany of individuals, as well as the Department of Justice (DOJ), for information related to Epstein.

He is also bringing in Alexander Acosta, a former Trump administration labor secretary who also served as U.S. attorney for the Southern District of Florida when Epstein entered into a non-prosecution agreement with the federal government in 2008, for a transcribed interview on Sept. 19.

Comer and other members of the House Oversight Committee met with Epstein survivors last week.

About 33,000 pages of files turned over by the DOJ have already been released by the House Oversight Committee, though the vast majority of those were already public knowledge.

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President Donald Trump spoke at the Museum of the Bible in Washington on Monday, bringing new focus to news that the Biden administration ‘weaponized’ the federal government against Christians, including the pro-life movement. 

‘Upon taking office, I also ended the weaponization of law enforcement against religious believers and pardoned the pro-life activists thrown in jail by Joe Biden,’ Trump said on Monday before launching a scathing attack on the Biden administration as ‘one of the meanest we’ve ever had.’

‘People don’t realize about the Biden administration. It was a very mean administration. He’s a mean guy, actually. Not a smart guy. Never was. But he was a mean guy. He was a mean guy. And he knew enough about what was going on,’ Trump continued, calling Biden or his administration ‘mean’ or the ‘meanest’ at least nine times, including for prosecuting those involved with the breach of the Capitol on Jan. 6, 2021. 

Trump spoke at the Christian attraction during a hearing on religious liberty in education.

‘His (Biden’s) administration was one of the meanest we’ve ever had. And that’s why they’re out of here,’ Trump continued. 

Ahead of the event, Fox News Digital exclusively reported, according to Trump leadership, that the president’s remarks would include a focus on a new report that compiled the ‘numerous instances’ of past anti-Christian bias and recommendations on how to protect faith in America.

He delivered remarks during the second meeting of the Religious Liberty Commission that he established earlier this year to protect the rights of Americans to practice their faith, and at the hearing, parents and students will discuss their experience of expressing their faith in public schools.

‘The previous administration abused the federal government’s power to interfere with Americans’ First Amendment right to religious freedom,’ White House spokesperson Taylor Rogers told Fox News ahead of the event. 

‘They even used the Department of Justice to target peaceful people of faith, specifically Christians. This is exactly why President Trump established the Religious Liberty Commission to stop the emerging threats against Americans’ inalienable right to practice their religion freely. President Trump is the greatest defender for people of faith in modern history and will continue to protect and promote America’s founding principle of religious freedom.’

Fox News Digital exclusively obtained the report published by the Task Force to Eradicate Anti-Christian Bias, created by Trump and chaired by Attorney General Pam Bondi.

The task force had a clear mandate to ensure that ‘any unlawful and improper conduct, policies, or practices that target Christians are identified, terminated, and rectified.’

Read the report below. App users: Click here

The task force was directed to deliver an initial assessment, which Fox News Digital exclusively obtained Friday. The report provides an overview of ‘the damage that can be done when religious liberty is not protected and preserved for all Americans.’

‘The Task Force makes this commitment: the federal government will never again be permitted to turn its power against people of faith,’ the report states. ‘Under President Trump and Attorney General Bondi’s leadership, in partnership with all members of this Task Force, the rule of law will be enforced with vigor, and every religion will be treated with equality in both policy and action.’

The report added: ‘The days of anti-Christian bias in the federal government are over. Faith is not a liability in America—it is a liberty.’

After a preliminary review of federal agencies and departments, the task force uncovered ‘numerous instances of anti-Christian bias during the Biden administration.’

‘Joe Biden weaponized the full weight of the federal government against Christians and trampled on their fundamental First Amendment rights,’ White House spokeswoman Taylor Rogers told Fox News Digital. ‘Unlike Joe Biden, President Trump is protecting Christians, not punishing them.’

The Task Force found that the Department of Defense, Equal Employment Opportunity Commission and Department of Labor all ‘deprioritized, mishandled, or denied requests for religious exemptions to the Biden administration’s COVID-19 mandate.’

The Task Force also found that at the Department of Education the Biden administration ‘attempted to impose record-breaking fines on some of the nation’s largest Christian universities, including Liberty University ($14 million) and Grand Canyon University ($37.7 million).’ 

At the Department of Homeland Security, the task force found that Customs and Border Protection omitted Christian perspectives from a directive for detainees but deliberately noted accommodations for Islam, Rastafarianism and sects of Judaism.

At the Justice Department, the task force found that the Biden administration lacked an effort to ‘address and prosecute violations of the law where anti-Christian bias was demonstrated by the persecutors.’

‘Instead, during that time, the DOJ pursued novel theories of prosecution against those speaking or demonstrating based upon their Christian faith,’ the report states.

The task force also found that the Department of Justice, under the Biden administration, arrested and convicted approximately two dozen individuals under the Freedom of Access to Clinic Entrances Act for praying and demonstrating outside abortion facilities.

‘Yet, the same DOJ refused to apply the FACE Act to protect places of worship and crisis pregnancy centers,’ the report states.

At the FBI, the task force pointed to the bureau’s memo asserting that ‘radical-traditionalist’ Catholics were ‘domestic terrorism threats.’

At the Treasury Department, the task force pointed to the many ‘pro-Christian groups’ that have been ‘debanked.’

The task force found that, under the Biden administration, the Department of State provided ‘limited humanitarian relief to Christians relative to other populations and offered muted responses to attacks on Christians compared to other groups.’

Also at the State Department, the task force said it discovered evidence that ‘preferential employment practices were afforded’ for those of non-Christian religions, while Christian employees ‘were disfavored.’

‘It was particularly concerning that employees were less likely to be permitted leave for observation of certain Christian holidays as opposed to non-Christian ones.’

Officials also said the State Department imposed ‘radical LGBTQ gender ideology on foreign governments and State employees, including the forced usage of preferred pronouns and rainbow flags, violating the sincerely held religious beliefs of many Christians and other Americans of faith.’

The task force also found that the Department of Labor dismantled its office of faith-based initiatives and replaced it with a diversity, equity and inclusion office.

The task force also said that the Department of Housing and Urban Development ‘discriminated against Christian perspectives in its marketing, treating social media posts celebrating Christian holidays, such as Palm Sunday, Good Friday, and Easter, differently than posts celebrating other religious or interest group holidays, including Pride Month, Ramadan, and Diwali.’ 

Officials said Housing and Urban Development took down the Christian posts and left up the others.

The task force held its first meeting in April. Prior to the meeting, members of the task force conducted initial reviews of their respective agencies to identify any unlawful anti-Christian policies, practices or agency conduct during the Biden administration.

Officials said that the task force is not finished with its inquiry, but merely just beginning, and will continue its work to investigate the full scope of anti-Christian bias that ‘pervaded the federal government during the Biden administration.’

A final report is expected by February 2026.

Trump also signed an executive order establishing a White House Faith Office in February. 

The office empowers faith-based entities, community organizations and houses of worship ‘to better serve families and communities,’ according to the White House. 

The office is housed under the Domestic Policy Council and consults with experts in the faith community on policy changes to ‘better align with American values.’ 

A former Biden White House official did not immediately respond to Fox News Digital’s request for comment. 

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House Oversight Committee Chair James Comer, R-Ky., said his panel is wrapping up its investigation into President Joe Biden’s use of the autopen after a new report revealed concerns raised within the former administration itself.

‘New records reveal President Biden’s own administration raised concerns about autopen use to grant thousands of pardons. This is a historic scandal with massive repercussions,’ Comer told Fox News Digital in response to the Axios report.

‘As President Biden declined, his aides carried out executive actions without his approval, casting doubt on the legitimacy of thousands of pardons and other executive actions.’

Comer added, ‘The House Oversight Committee is in the final stages of its investigation. There must be accountability for this scandal.’

President Donald Trump weighed in on Truth Social: ‘THE BIDEN AUTOPEN SCANDAL IS BIG, NOT AS BIG AS THE RUSSIA, RUSSIA, RUSSIA HOAX, OR THE RIGGED 2020 PRESIDENTIAL ELECTION, BUT, NEVERTHELESS, ONE OF THE BIGGEST, EVER!!!’

A former Biden White House staffer familiar with the pardons process pushed back.

‘Republicans like to talk about Biden whenever news hits that they don’t want to talk about. Today, they want to talk about Biden because Trump is responsible for the latest jobs report, which is the worst August jobs gain since 2020,’ the staffer told Fox News Digital.

‘What these emails show is a full process to support that decision-making and checks on the use of the autopen.’

Axios reported over the weekend that senior Department of Justice (DOJ) officials flagged issues with Biden’s clemency process in his final days in office.

Biden approved nearly 2,500 commutations on Jan. 17, just days before leaving the White House, setting a record for most clemency orders ever granted by a U.S. president — more than 4,200 in total — and the most ever in a single day.

The next day, DOJ ethics lawyer Bradley Weinsheimer reportedly wrote in a memo: ‘Unfortunately and despite repeated requests and warnings, we were not afforded a reasonable opportunity to vet and provide input on those you were considering.’

Noting that at least one murderer granted clemency had been flagged by DOJ, he added: ‘I have no idea if the president was aware of these backgrounds when making clemency decisions.’ The New York Post first reported details of the memo.

Meanwhile, Axios reported that a DOJ pardon attorney took issue with White House lawyers asking the department not to solicit views of murder victims’ families of multiple death row inmates if it had not already done so — including people whose sentences Biden commuted as well.

The Axios report further revealed that Biden White House staff secretary Stef Feldman repeatedly sought clarity on the autopen process. In one Jan. 16 email, she asked for details on drug-related clemency orders approved by then-Chief of Staff Jeff Zients. After being asked to use autopen on an executive order, Feldman reportedly wrote: ‘When did we get [Biden’s] approval of this?’

The former Biden staffer insisted the process was sound.

‘The pardon power rests with the president — not the Department of Justice,’ the staffer said. ‘While the DOJ is free to raise its own concerns about pardons, and did before Trump fired all of the career staff who did so, it is ultimately the President’s decision.’

Biden himself told The New York Times recently that he made every clemency decision on his own.

Zients is expected to testify before the Oversight Committee later this month. Former White House press secretary Karine Jean-Pierre is also scheduled for a closed-door interview Friday.

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E-Power Resources Inc. (CSE: EPR) (‘E-Power’ or the ‘Company’) is pleased to report results from Phase 1 of the 2025 Exploration Program being completed on the Tetepisca Flake Graphite Property located in the North Shore region of Quebec. Highlights of results include:

  • Several high grade (> 10% Cg) samples including a high grade sample of 26.4% Cg from a target area on the northern part of the property which was discvered in 2024.
  • Several high grade (> 10% Cg) samples including a high grade sample of 68.7% Cg from Graphi-Centre, the Company’s highest priority target on the Tetepisca Property.
  • Discovery of a new flake graphite showing which includes a high grade grab sample of 54.7% Cg located on a long conductive linear trend on the southwestern part of the property.

James Cross, President and CEO of E-Power commented: Phase 1 of our 2025 Exploration Program further demonstrates the from-surface, high grade resource potential of several flake graphite targets on the property. Metallurgical testwork, detailed mineralogy, and continued geological evaluation will result in characterization of the potential deposits and prioritization for advanced evaluation and delineation. By characterizing the different resource delineation targets, we expect to be able to attract users of graphite, and companies who want to secure that link in the supply chain; those who need politically-reliable graphite sources. Those users and traders have the capital to turn it quickly into a resource, and ultimately, a secure source of easily accessible graphite.’

During June 2025, the Company completed Phase 1 of its 2025 exploration and development program on the Tetepisca Flake Graphite Property. Field work included geological and geophysical mapping and prospecting during which 44 grab samples were collected. The objectives of the field work were to:

1) Follow up and expand Flake Graphite discoveries made in 2024 located on the lesser explored northern part of the property,

2) Complete detailed geological mapping and sampling on Graphi-Centre, the Company’s highest priority flake graphite target on the Tetepisca Property,

3) Geological mapping and sampling along the Syndicate Target, a long linear airborne conductor which includes 6 historical flake graphite showings and a historical drill hole with an intercept of 12.74% Cg over 9.55 metres.

4) Collect samples of approximately 250 kg each from selected exposures for preliminary metallurgical test work fron the Graphi Centre target and from the northern claims.

Map 1 is an index map illustrating target areas explored and the locations of bulk samples collected during Phase 1 of the 2025 exploration program.

Map 1

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9160/265515_a6f7e74ad4f2e82f_002full.jpg

Northern Claims Target Area and Results

As part of the 2024 exploration program, the company completed a program of geological and geophysical prospecting and mapping on the northern part of the property. The work was focussed on evaluating selected conductors and conductor trends derived from interpretation of the Company’s airborne electomagnetic (‘EM’) survey completed in 2022 as well as historical airborne EM surveys. The 2024 prospecting work resulted in the discovery of 5 flake graphite bearing conductors all of which are characterized by numerous samples > 5% Cg and and all containing high grade samples > 20% Cg (Map 2).

During Phase 1 of the 2025 program, follow-up geological and geophysical mapping and prospecting was completed with the objective of expanding the surface exposure of the N3 and N4 targets. On the N3 target, one additional outcrop was located and stripped. Three grab samples of the exposure returned 23.1 % Cg, 23.0 % Cg, and 17.95% Cg (Map 3). The N3 target is exposed, in isolated outcrop exposures, over a distance of approximately 330 m parallel to the airborne conductive trend. Depth of overburden prohited further exposing the conductive trend.

Map 2

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9160/265515_a6f7e74ad4f2e82f_003full.jpg

Work in the area of the N4 target resulted in a significant expansion of the footprint of graphite bearing stratigraphy coincident with airborne conductive trends. Samples recovered from the north-northeast conductive trend west of the 2024 target area returned values of 26.4% Cg, 21.7% Cg, 17.95% Cg, and 7.44% Cg (Maps 2 and 3). A single sample located approximately 35 metres north of 2024 sampling returned a value of 18.05% Cg.

Flake graphite mineralization discovered on the northern claims in 2024 and 2025 is hosted by strongly deformed, high metamorphic grade, sedimentary rocks. Airborne magnetic and EM conductivity patterns indicate that the graphite bearing stratigraphy is part of a complexly folded and faulted sequence continuous from southwest of the N5 target to north, north of the N1 target, and which includes the Uatnan deposit as well as historical graphite mineralization in surface showings and in diamond driill hole intercepts (Maps 1 and 2).

Map 3

To view an enhanced version of this graphic, please visit:
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Graphi-Centre Target Area and Results

The Graphi-Centre target area, located in the southern part of the Tetepisca Flake Graphite property, is a domain of curved magnetic and conductive lineaments interpreted as the hinge zone of complexly folded, variably magnetic and conductive stratigraphy (Map 4). The Graphi-Centre domain hosts the historical Graphi-Centre graphite occurrence and a number of historical graphite bearing to high grade graphite grab samples. During 2021, the Company completed a ground based electromagnetic survey to aid in the mapping and interpretation of airborne conductors, and in 2023 drilled 632.7 metres in 5 NQ diamond drill holes and an additional 7.45 metres of BQ core in 3 man-portable drill holes. Highlights of the drilling include 3.80 metres at a average grade of 17.85% Cg. During Phase 1 2025, the Company initiated a program of detailed geological mapping and sampling on the southern part of the Graphi-Centre target area. Fifteen samples were taken from the southern part of the Graphi-Centre target. Highlights of the mapping and sampling include a high of 64% Cg from a grab sample on the South Limb Zone and a high of 68.7% Cg from a grab sample at the western end of the North Limb Zone (Map 4).

Map 4

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Syndicate Target and Results

The Syndicate Target comprises a southeast trending linear airborne conductor approximately 12 kilometres long located in the southwest part of the property. The conductor hosts 6 historical graphite showings; 3 of which were discovered by the Company in 2019 and one of which is a historical drill hole with an intercept of 12.74 % Cg over an intersection length of 9.55 metres (Map 5). During Phase 1 2025, mapping and prospecting resulted in the discovery of an additional showing along the syndicate trend defined by 5 flake graphite bearing samples colleted over a 28 metre southeast trend length. Cg analyses of the 5 samples range from 5.07% Cg to 54.7% Cg (Map 5).

Map 5

To view an enhanced version of this graphic, please visit:
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Summary and Next Steps

The Tetepisca Graphite district contains approximately 126 Mt Mt of Measured and Indicated flake graphite mineralization at an average grade of approximately 14% Cg in 3 deposits, one of which has advanced through feasibility containing a reserve of approximate 4.7 Mt of ore at an average grade of 27.8 % Cg. E-Power is the largest holder of mineral rights in the Tetepisca Graphite District with 234 claims covering 12,840 hectares. The E-Power property contains the stratigraphy and geophysical signatures correlated with that hosting the district resources and contains 9 recorded historical graphite showings. E-Power has added to the inventory of showings with a number of graphite discoveries property-wide including those in the northern claim group discovered in 2024.

Since entrance into the Tetepasca Graphite District in 2019, E-Power has been completing a comprehensive property-wide assessment of flake graphite resource potential. The Company is anticipating the near-term reporting of metallurigical testwork initiated during the winter of 2025 from the Captain Cosmos, Syndicate, and Graphi-West Showings. Next steps include continued field work during Phase 2, 2025 and the initiation of additional metallurgical test work and detailed mineralogy study from selected showings. The Company is advancing towards target prioritization for advanced exploration, evaluation, and resource delineation.

About the Tetepisca Property

The Tetepisca Property is located approximately 220 km north of the town of Baie-Comeau in the North Shore Region of Québec. The property consists of 234 claims covering an area of approximately 12,840 hectares within the emerging Tetepisca Graphite District (‘TGD’). The property is 100% owned by E-Power. Fifty-two claims, located in the southern part of the property, are subject to a 1.5% NSR held by a group of local prospectors; otherwise the Tetepisca property remains unencumbered. The TGD is an active graphite exploration and development district with delineated measured and indicated resources in excess of 120 Mt at an average grade of approximately 14% Cg. The Company’s Tetepisca property is strategically located over continuous bedrock conductive horizons that are known and interpreted to be due to graphite and which hold significant potential to host flake graphite resources. The intersection of graphite in our 2023 drilling and the results of our 2024 exploration program to date confirms the Company’s exploration model and provides the basis for continued exploration and evaluation.

Sources of Information and Qualified Person

1) The resource and reserve data on Maps 1 and 2 is from the following sources:

  1. NI 43-101 Technical Report Mineral Resource Estimate. Lac Tétépisca Graphite Project Québec, Focus Graphite, 2022 available at the SEDAR website
    1. NI 43-101 Technical Report Mineral Resource Estimate on the Lac Gueret South Property. Berkwood Resources Ltd., 2019) available at the SEDAR website

    2) The historical graphite showing locations illustrated in Maps 1, 4 and 5 is from the data file of Non-metallic deposits in Quebec, available from the SIGEOM website, Ministère des Ressources Naturelles et des Forêts.

    3) The historical Cg data on the Map 4 is from: Rapport des travaux de prospection, Projet Lac Guinécourt, SNRC 22K14, file GM 67766, available from the SIGEOM website, Ministère des Ressources Naturelles et des Forêts.

    4) The data for the 2023 drilling program contained in Map 4 is from: Report on 2023 drilling campaign on the Tetepisca property, file GM 73883, available from the SIGEOM website, Ministère des Ressources Naturelles et des Forêts.

    5) The historical drill hole intercept reported on Map 5 and discussed in the release is from file GM 68992 available from the SIGEOM website, Ministère des Ressources Naturelles et des Forêts.

    6) The Cg data from 2024 appearing on Maps 4 is from the E-Power 2024 exploration program and was released October 9, 2024 and March 7, 2025.

    Jamie Lavigne, P. Geo, Vice President Exploration and Director for E-Power is a Qualified Person as defined in NI 43-101 and has reviewed and approved the technical information in this press release.

    About E-Power

    E-Power Resources Inc. is a Québec Corporation based in Montréal and focused on battery minerals exploration in Québec. The Company is currently advancing two projects; the Tetepisca property, located in the North Shore region of the Province and the Turgeon property located in the Abitibi region adjacent to the Ontario border. The Company’s priority target is flake graphite on the Tetepsica Property. The Turgeon property is located in the prolific Abitibi gold and base metal mining district and the Company is evaluating Turgeon primarily for its copper-zinc and gold potential.

    For more information about E-Power Resources Inc. please visit the Company website at: e-powerresources.com.

    Notice Regarding Forward-Looking Statements:
    This news release contains ‘forward-looking statements.’ Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release, and the Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although the Company believes that the plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that they will prove to be accurate.

    For information contact: James Cross, CEO, Tel: (438) 701-3736, info@e-powerresources.com.

    To view the source version of this press release, please visit https://www.newsfilecorp.com/release/265515

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    Equity Insider News Commentary

    Issued on behalf of Rua Gold Inc.

    Equity Insider News Commentary Gold’s surge to record-breaking levels above $3,599 per ounce in September 2025 [1] has catalyzed the most dramatic mining sector transformation in over a decade. With mining company earnings estimates rising by a truly astounding 80% through 2025 [2] and central bank demand projected to remain strong at around 710 tonnes per quarter [3] industry analysts emphasize that the current rally differs fundamentally from previous cycles due to mining companies maintaining strict cost discipline while benefiting from exceptional profit margins. This unprecedented environment has positioned explorers with high-grade projects and advanced drill programs to capitalize on the sector’s momentum, particularly companies like Rua Gold Inc. (TSXV: RUA,OTC:NZAUF) (OTCQB: NZAUF), Tudor Gold Corp. (TSXV: TUD) (OTCPK: TDRRF), Orosur Mining Inc. (TSXV: OMI) (OTCPK: OROXF), Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF), and Banyan Gold Corp. (TSXV: BYN) (OTCQB: BYAGF).

    Multiple catalysts are converging to create ideal conditions for precious metals investments, including mounting expectations of Federal Reserve interest rate cuts [4] and a weaker dollar that makes gold less expensive for overseas buyers, while J.P. Morgan Research projects prices to average $3,675 per ounce by the fourth quarter of 2025 and climb toward $4,000 by mid-2026 [5] .

    Rua Gold Inc. (TSXV: RUA,OTC:NZAUF) (OTCQB: NZAUF) just delivered exceptional high-grade results from its expanding Auld Creek project, including standout intercepts of 17m at 9.8g/t AuEq and 8m at 8.9g/t AuEq. These latest results demonstrate significant strike extension of the current resource, positioning the company for substantial resource growth by year-end. The company has also made promising regional discoveries, with rock chip samples grading 14g/t gold found over 30km south of Reefton.

    ‘These drill results from Auld Creek have significantly expanded the scale and potential of the project and put us well on the way to growing the resource base as we announced last month,’ said Robert Eckford , CEO of Rua Gold . ‘Importantly, the mineralized system has been extended both vertically and along strike and remains open in all directions. With two rigs now active on site and surface geochemistry confirming a 2.5-kilometre-long mineralized corridor, we are well positioned to build on this momentum.’

    The company recently announced a major expansion to its Reefton drill campaign, mobilizing a third rig and targeting over 4,000 metres of new drilling at Auld Creek to grow the gold-antimony resource above 300,000 ounces by year-end. Rua Gold also has a third rig drilling at targets across the reminder of the district, focusing on highly ranking prospects, highlighted by its VRIFY AI targeting process—all part of a 12-month strategy aimed at fast-tracking permitting and transitioning from explorer to developer.

    ‘We closed Q2 2025 with $14 million in the treasury, placing us in a strong position to execute on our aggressive exploration plan in New Zealand ,’ added Eckford. ‘As our gold-antimony resource continues to grow rapidly—and with antimony at the top of every nation’s critical minerals list—the significance of this expansion is substantial.’

    The Reefton Goldfield is a historically prolific district that produced more than 2 million ounces at grades up to 50 g/t. Rua Gold now controls 120,000 hectares ( roughly 95% ) in the area and has confirmed multiple stacked mineralized shoots at Auld Creek, including previous standout intercepts of 2.1 m at 64 g/t AuEq (5.5 g/t gold and 13.1% antimony). New modeling work is underway ahead of a resource update, while multiple rigs continue testing depth and lateral continuity.

    Antimony continues to be a major tailwind for the company’s positioning, with prices surging past US$50,000 per tonne in 2025 following China’s export restrictions. New Zealand has formally designated it as a critical mineral, adding further significance to Rua Gold’s dual-commodity profile at Auld Creek. Surface samples have returned over 40% Sb, and several drill holes exceed 8%, grades rarely seen this early in a project’s development cycle.

    Meanwhile, at Alexander River, modeling is underway to build on a 130,000 oz inferred resource grading 4.1 g/t. The zone hosts 1.2 km of outcropping mineralization and returned historical production of 41,000 oz at 26 g/t before World War II halted mining. Targets at Caledonia and other regional zones are also in development.

    On the North Island, drill access applications have been submitted for RUA’s Glamorgan project in the Hauraki Goldfield, home to the 10 Moz Martha mine. Glamorgan’s 4 km gold-arsenic anomaly has been refined using CSAMT surveys and VRIFY’s DORA AI engine , with drilling expected to begin in Q4.

    With a disciplined burn rate, $14 million in cash, and a leadership team behind US$11 billion in prior exits , Rua Gold is well-positioned to deliver meaningful discovery growth and advance permitting across both islands. The current multi-rig program aims to stack near-surface ounces at scale across gold, antimony, and future targets shaped by AI and legacy-grade geology.

    CONTINUED… Read this and more news for Rua Gold at: https://equity-insider.com/2025/04/24/others-found-1911-g-t-here-before-now-a-proven-11b-mining-team-is-back-to-finish-the-job/

    In other industry developments and happenings in the market include:

    Tudor Gold Corp. (TSXV: TUD) (OTCPK: TDRRF) has completed the acquisition of American Creek Resources Ltd. to increase its ownership to 80% in the Treaty Creek Project located in British Columbia’s Golden Triangle. The transaction was completed through an arrangement agreement where each American Creek shareholder received 0.238 Tudor shares for each American Creek share held.

    ‘With our increased ownership of the Treaty Creek Project, Tudor is now positioned to attract a wider range of potential investors as we continue to strengthen the company to build on our exploration success and advance Treaty Creek on the path toward production,’ said Joe Ovsenek , CEO of Tudor Gold .

    Tudor’s 17,913 hectare Treaty Creek project borders Seabridge Gold Inc.’s KSM property to the southwest and Newmont Corporation’s Brucejack property to the southeast.

    Orosur Mining Inc. (TSXV: OMI) (OTCPK: OROXF) continues to deliver exceptional results from its infill drilling program at the Pepas prospect, with hole PEP052 returning 71.85m at 6.13g/t Au and PEP051 intersecting 61.3m at 3.36g/t Au. The company has completed 38 holes totaling over 27,000 meters since taking full control of the Anzá Gold Project in November 2024 following the acquisition of its joint venture partner Minera Monte Aguila .

    ‘Pepas remains on track and the high bar set by the early holes continues to be cleared on a regular basis,’ said Brad George , CEO of Orosur . ‘In the meantime, we are excited to be getting close to opening a second drilling front on our El Pantano project in Argentina . Early stage, but this is elephant country, and we like what we have seen thus far.’

    The infill program is designed to move Pepas to a NI43-101 compliant Mineral Resource Estimate by year-end, with drilling continuing to return thick sequences of high-grade gold mineralization from surface or near surface.

    The company is finalizing drill contracts for its El Pantano project in Argentina’s Santa Cruz province with drilling planned to commence mid-October 2025 . Orosur has also recommenced a soil sampling program at the El Cedro porphyry prospect, with the program now 45% complete and first samples submitted for assay.

    Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) has achieved deep high-grade mineralization at its Upper Antino project in Suriname, with drill hole FR138 returning 18.0m of 6.14g/t Au and 5.0m of 10.61g/t Au from approximately 450m vertical depth. The company is conducting a fully funded 60,000 meter drilling campaign across its 20,000 hectare Antino Gold Project, which has historically produced over 500,000 ounces from surface and alluvial mining.

    ‘These results support our geological model and confirm that high-grade mineralization continues at depth, significantly increasing the potential scale of Upper Antino,’ said Colin Padget , CEO of Founders Metals . ‘High-grade intersections in drill hole FR138 include 18.0m of 6.14g/t Au and 5.0m of 10.61g/t Au demonstrating that Founders is beginning to successfully target high-grade gold at depth.’

    Four drill rigs are currently operating at Antino with continued drilling planned along strike and at depth on Upper Antino, drilling at Maria Geralda with results pending, and completion of the Parbo auger program.

    Banyan Gold Corp. (TSXV: BYN) (OTCQB: BYAGF) has intersected significant mineralization at its AurMac Project in Yukon , with drillhole AX-25-678 returning 104.4m at 0.82g/t Au including 33.2m at 1.44g/t Au and 3.1m at 5.8g/t Au at the southern extent of the Airstrip Deposit. The hole highlights potential for Airstrip mineralization to extend below Powerline and bridge the gap between the conceptual pits, with drilling indicating potential extensions to the mineralized envelope east and southeast of the Mineral Resource Estimate conceptual pit.

    ‘These results continue to define higher grade zones (+1 g/t material) at AurMac,’ said Tara Christie , CEO of Banyan Gold . ‘While visible Gold is frequent in Powerline deposit style mineralization, the presence of visible gold in sheeted veins in close association with skarn mineralization in drillhole AX-25-678 at Airstrip highlights the continued potential for high-grade mineralization throughout the system. After intersecting some of the most enriched mineralization at Airstrip to date, AX-25-650 intersected 3.95g/t Au over 38.1m , we continue to trace high-grade near-surface mineralization along strike and up-dip.’

    Banyan has drilled over 27,000m across 120 holes this year at AurMac, with drilling currently ongoing. The current Mineral Resource Estimate for AurMac comprises an Indicated resource of 2.274 million ounces of gold and an Inferred resource of 5.453 million ounces.

    Article Source: https://equity-insider.com/2025/04/24/others-found-1911-g-t-here-before-now-a-proven-11b-mining-team-is-back-to-finish-the-job/

    CONTACT:

    Equity Insider
    info@equity-insider.com
    (604) 999-4849

    DISCLAIMER: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. Equity Insider is a wholly-owned subsidiary of Market IQ Media Group, Inc. (‘MIQ’). This article is being distributed for Baystreet.ca Media Corp. (‘BAY’), who has been paid a fee by a third-party, Sidis Holdings Limited (‘Sidis’) for an advertising contract between Sidis and Rua Gold Inc.. MIQ has not been paid a fee for Rua Gold Inc. advertising or digital media, but the owner/operators of MIQ also co-owns Baystreet.ca Media Corp. (‘BAY’) There may also be 3rd parties who may have shares of Rua Gold Inc. and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of MIQ does not own any shares of Rua Gold Inc. but reserve the right to buy and sell, and will buy and sell shares of Rua Gold Inc. at any time without any further notice commencing immediately and ongoing. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material, including this article, which is disseminated by MIQ on behalf of Sidis has been approved by Rua Gold Inc. Technical information relating to Rua Gold Inc. has been reviewed and approved by Simon Henderson , CP, AUSIMM, a Qualified Person as defined by National Instrument 43-101. Mr. Henderson is Chief Operational Officer of Rua Gold Inc., and therefore is not independent of the Company; this is a paid advertisement, we currently do not own any shares of Rua Gold Inc. but will likely buy and sell shares of the company in the open market, or through private placements, and/or other investment vehicles.

    While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.

    SOURCES CITED:

    2. https://sprott.com/insights/gold-miners-shine-in-2025/

    3. https://www.jpmorgan.com/insights/global-research/commodities/gold-prices

    4. https://www.cnn.com/2025/09/02/business/gold-price-record-dollar-interest-rates-intl

    5. https://www.jpmorgan.com/insights/global-research/commodities/gold-prices

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    Here’s a quick recap of the crypto landscape for Monday (September 8) as of 9:00 a.m. UTC.

    Get the latest insights on Bitcoin, Ethereum and altcoins, along with a round-up of key cryptocurrency market news.

    Bitcoin and Ethereum price update

    Bitcoin (BTC) was priced at US$112,727, a 1.4 percent increase in 24 hours and its highest valuation of the day. Its lowest was US$110,690.

    Bitcoin price performance, September 8, 2025.

    Chart via TradingView

    Ether (ETH) was priced at US$4,350.11, up by 1 percent over the past 24 hours. Its lowest valuation on Monday was US$4,272.20 and its highest was US$4,355.32.

    Altcoin price update

    • Solana (SOL) was priced at US$215.24, an increase of 5.7 percent over the last 24 hours. Its lowest valuation on Monday was US$201.71, and its highest level was US$215.70
    • XRP was trading for US$2.99, up by 2.9 percent in the past 24 hours and its highest valuation of the day. Its lowest was US$2.85.
    • SUI (Sui) was trading for US$3.50, up by 2.6 percent in the past 24 hours, its highest valuation of the day. Its lowest for Friday was US$3.36.
    • Cardano (ADA) was priced at US$0.8646, up by 3.4 percent and its highest valuation for Monday so far. Its lowest point was US$0.8246.

    Today’s crypto news to know

    Robinhood set to join the S&P 500 after crypto-driven rally

    Robinhood Markets is joining the S&P 500 later this month, capping a turnaround fueled by the crypto boom and surging retail interest.

    The online broker, which once traded below its IPO price of US$38, has seen its shares triple in 2025 after climbing past US$100, with strong profits linked to digital asset trading.

    Effective September 22, the inclusion comes alongside AppLovin and Emcor Group, highlighting Robinhood’s emergence from its early post-IPO struggles.

    Investors point to the company’s pivot into crypto as a key driver as trading volumes and profitability rebounded under a friendlier US regulatory climate. The SEC also recently dropped an investigation into the platform’s handling of crypto listings.

    Shares of the company jumped nearly 14 percent in Monday’s session on the S&P news.

    Strategy doubles down with $217M Bitcoin purchase

    Strategy (NASDAQ:MSTR), Michael Saylor’s Bitcoin-heavy firm, expanded its holdings with a fresh US$217.4 million purchase after being excluded from the S&P 500.

    The acquisition of 1,955 BTC at an average price of US$111,196 lifts the company’s total stash to 638,460 BTC, worth roughly US$71.5 billion.

    The move continues Strategy’s relentless accumulation strategy, even as rivals like Robinhood edge ahead in traditional equity benchmarks.

    To fund the buy, the firm sold nearly 600,000 shares through its at-the-market program, generating over US$200 million.

    Strategy’s stock dipped after-hours on Friday but steadied as markets absorbed the news.

    Nasdaq files plan to launch tokenized securities trading

    Nasdaq is seeking regulatory approval to allow tokenized securities on its main US exchange in what could be a landmark moment for blockchain-based finance.

    According to Reuters, the proposal filed with the SEC would let listed equities and ETFs trade in either traditional or tokenized form, creating a bridge between legacy markets and digital settlement systems.

    If approved, it would be the first time a national exchange hosts tokenized securities, a move expected to boost liquidity and attract new classes of investors.

    The filing coincides with a growing regulatory shift, as the SEC considers amendments to accommodate crypto trading on national exchanges.

    The exchange joins a growing roster of financial giants exploring tokenization strategies. Tokenized markets are edging closer to mainstream adoption under the Trump administration’s lighter regulatory approach.

    Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

    This post appeared first on investingnews.com

    Reports 1.33 Million Tonnes Grading 493 G/T AgEq For 21.1 Million Ounces AgEq Indicated and 5.14 Million Tonnes Grading 525.9 G/T AgEq For 86.88 Million Ounces AgEq Inferred

    Blackrock Silver Corp. (TSXV: BRC,OTC:BKRRF) (OTCQX: BKRRF) (FSE: AHZ0) (‘Blackrock’ or the ‘Company’) is pleased to report the results for its updated mineral resource estimate (the ‘Updated MRE’) for its 100% owned Tonopah West project (‘Tonopah West’ or the ‘Property’), located in West-Central Nevada within Nye and Esmeralda Counties, Nevada, United States. Tonopah West is conveniently situated directly adjacent to the town of Tonopah in Western Nevada, with highway US 95 crossing the Property, and the resource area lies exclusively within patented mining claims and fee lands. All amounts herein are presented in United States Dollars unless otherwise stated.

    HIGHLIGHTS:

    • The Updated MRE contains a total of 0.107 million ounces (‘Mozs‘) of gold (‘Au‘) and 9.5Mozs of silver (‘Ag‘), or 21.1Mozs of silver equivalent (‘AgEq‘) of indicated mineral resources, and 0.47 Mozs of Au and 35.5Mozs of Ag, or 86.88Mozs of AgEq of inferred mineral resources.

    • Indicated mineral resources were not previously included in the mineral resource estimate for Tonopah West effective August 25, 2024 (the ‘Previous MRE‘), highlighting how Blackrock’s recent in-fill drilling program (the ‘M&I Conversion Program‘) at Tonopah West which commenced in mid-July 2024 has confirmed previous inferred mineral resource estimates and improved geologic confidence in the mineral resource estimate on the Project.

    • At a 180 grams per tonne (‘g/t‘) AgEq cutoff, the average block-diluted grade of the indicated mineral resources is 493 g/t AgEq and the average block-diluted grade of the inferred mineral resources is 525.9 g/t AgEq.

    • The Updated MRE includes 83 new drillholes completed in 2024-2025 and is based on a refined geologic model which was updated to reflect the new drilling and added more detail to the spatial distribution of mineralized veins.

    • Silver and gold mineralization at Tonopah West remains open to the northwest, east and internally between the main bodies of mineralization, and at depth.

    Table 1: Tonopah West Updated 2025 Mineral Resource Estimate

    AgEq cutoff 
    g/t
    (1)

    Tonnes Silver 
    g/t
    Gold 
    g/t
    AgEq 
    g/t
    (2)
    Ounces of Silver Ounces of Gold Ounces of AgEq(3) Classification(4)
    180 1,333,000 220.7 2.50 493.2 9,459,000 107,000 21,139,000 Indicated
    180 5,138,000 215.1 2.85 525.9 35,536,000 470,000 86,880,000 Inferred

     

    1 AgEq cutoff grade is based a total mining, processing and G&A cost of $129/tonne (see Table 2).

    2 Silver Equivalent grade ratio used in this news release is 100:1 which is based on silver and gold prices of $27/ounce and $2,700/ounce, respectively, and recoveries for silver and gold of 87% and 95%, respectively. AgEq Factor= (Ag Price / Au Price) x (Ag Rec / Au Rec) or ($27/$2700) x (0.87/0.95) = 0.009158; g AgEq/t = g Ag/t + (g Au/t / AgEq Factor).

    3 Rounding as required by reporting guidelines may result in apparent discrepancies between tonnes, grade, and contained metal content.

    4 Mineral resources are not mineral reserves and do not have demonstrated economic viability. An Inferred Mineral Resource has a lower level of confidence than that applying to an Indicated Mineral Resource and must not be converted to a Mineral Reserve. It is reasonably expected that the majority of Inferred Mineral Resources could be upgraded to Indicated Mineral Resources with continued exploration.

    5 The estimate of mineral resources may be materially affected by geology, environmental, permitting, legal, title, taxation, sociopolitical, marketing, or other relevant issues, although there are currently no known factors related to these issues which could materially affect these mineral resource estimates.

    The Updated MRE was prepared in accordance with Canadian Institute of Mining, Metallurgy and Petroleum (‘CIM‘) Definition Standards – For Mineral Resources and Mineral Reserves adopted by the CIM May 19, 2014, and in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (‘NI 43-101‘). The Updated MRE was prepared by RESPEC Company LLC (formerly Mine Development Associates)(‘RESPEC‘) with an effective date of August 25, 2025.

    Andrew Pollard, the Company’s President and Chief Executive Officer, stated, ‘As evidenced by the Updated MRE, the Company has delivered on its guidance for the M&I Conversion Program, delineating 1.333Mtonnes of indicated mineral resources while maintaining the high-grade (493 g/t AgEq) within the shallowest portion of the Tonopah West deposit. The Updated MRE shows the continuity of high grades within the tighter spaced drill pattern and is showing trends similar to those documented in the historic Victor and Ohio veins located to the east. This upgrade to the DPB South area gives the Company added confidence to pursue the permits required, refine the engineering designs and engage the talent for advancing the project to the next phase which includes an exploration decline, test mining and extracting a bulk sample.’

    He continues, ‘The Company’s current exploration programs at Tonopah West are focused on the expansion opportunities to the northwest and east. The results from the recently completed northwestern expansion drilling programming and the currently active eastern expansion drilling program are intended to be incorporated into an updated mineral resource estimate and updated preliminary economic assessment of the Tonopah West deposit planned for Q1-2026.’

    The Updated MRE is presented with block diluted grades. The AgEq block model grades are based on $27 per ounce of silver, $2,700 per ounce of gold, and 87% and 95% recoveries for silver and gold, respectively.

    The Updated MRE is reported using a cutoff grade which was calculated from estimated underground mining costs and metallurgical recoveries to meet reasonable prospects for eventual economic extraction. Table 2 shows assumed mining, processing, and G&A costs.

    Table 2: Tonopah West mining, processing and G&A costs at the listed gold and silver price

      Parameters Used USD Units  
      UG Mining 83 $/t Mined  
      Processing 36 $/t Processed  
      G&A 10 $/t Processed  
      Refining 0.2 $/oz Ag Produced  
      Silver Price 27 $/ounce  
      Gold Price 2,700 $/ounce  
      Total 129 $/t Processed  
      Effective AgEq cutoff 180 g/t Ag  

     

    The Updated MRE on Tonopah West has been tabulated by four separate spatial areas or zones that make up the Property (Victor, DPB North, DPB South and Northwest). The areas are not materially different geologically but have been separated for logistical purposes in future mining scenarios.

    Table 3: Tonopah West 2023 Updated Resource Estimate by Area

    Area AgEq cutoff g/t (1) Tonnes Silver 
    g/t
    Gold 
    g/t
    AgEq
     g/t (2)
    Ounces of Silver Ounces of Gold Ounces of Silver Equivalent(3) Classification(4)
    Victor 180 2,361,000 256.7 3.08 593.2 19,486,000 234,000 45,028,000 Inferred
    DPB North 180 229,000 166.4 2.01 386.1 1,226,000 15,000 2,844,000 Indicated
    180 1,482,000 214.8 2.99 540.9 10,234,000 142,000 25,767,000 Inferred
    DPB South 180 1,104,000 232.0 2.60 515.5 8,232,000 92,000 18,294,000 Indicated
    180 500,000 82.7 2.70 377.2 1,328,000 43,000 6,061,000 Inferred
    NW Step Out 180 796,000 175.4 1.98 391.8 4,488,000 51,000 10,025,000 Inferred
    TOTAL 1,333,000 220.7 2.50 493.2 9,459,000 107,000 21,139,000 Indicated
    TOTAL 5,138,000 215.1 2.85 525.9 35,536,000 470,000 86,880,000 Inferred

     

    1 AgEq cutoff grade is based a total mining, processing and G&A cost of $129/tonne (see Table 2).

    2 Silver Equivalent grade ratio used in this news release is 100:1 which is based on silver and gold prices of $27/ounce and $2,700/ounce, respectively, and recoveries for silver and gold of 87% and 95%, respectively. AgEq Factor= (Ag Price / Au Price) x (Ag Rec / Au Rec) or ($27/$2700) x (0.87/0.95) = 0.009158; g AgEq/t = g Ag/t + (g Au/t / AgEq Factor).

    3Rounding as required by reporting guidelines may result in apparent discrepancies between tonnes, grade, and contained metal content.

    4 Mineral resources are not mineral reserves and do not have demonstrated economic viability. An Inferred Mineral Resource has a lower level of confidence than that applying to an Indicated Mineral Resource and must not be converted to a Mineral Reserve. It is reasonably expected that the majority of Inferred Mineral Resources could be upgraded to Indicated Mineral Resources with continued exploration.

    5 The estimate of mineral resources may be materially affected by geology, environmental, permitting, legal, title, taxation, sociopolitical, marketing, or other relevant issues, although there are currently no known factors related to these issues which could materially affect these mineral resource estimates.

    Recent Blackrock drilling which underpins the Updated MRE is summarized in Tables 4 and 5.

    Table 4: Summary of Blackrock drilling to date summarized by metre

    Hole Type Unit 2020 2021 2022 2023 2024 2025 Total
    RC/Core metres 3,931.0 28,530.2 19,129.9 0 14,753.5 20,139.2 86,483.8
    Core metres 2,633.8 9,856.6 0 0 2,589.6 1,935.5 17,015.5
    RC/Core metres 22,110.2 30,722.3 4,748.8 0 411.5 3,445.8 61,438.5
    Total 28,675.1 69,109.1 23,878.6 0 17,754.6 25,520.4 164,937.9

     

    Table 5: Summary of Blackrock drilling to date summarized by hole count

    2020 2021 2022 2023 2024 2025 Total
    RC/Core 6 47 33 0 39 54 179
    Core 5 14 0 0 8 11 38
    RC 42 54 9 0 1 9 115
    Total 53 115 42 0 48 74 332

     

    The Updated MRE includes 83 new drillholes (representing 33,248 metres of total aggregate drilling) completed in 2024-2025 by Blackrock since the Previous MRE. Blackrock drilling represents 96% of the drillholes contributing to the Updated MRE.

    Recent drilling by the Company focused its efforts on collecting drillhole exploration data in key areas of the deposit, including high-density drilling in the DPB South area on 30 metre centers and step-out drilling in the Northwest zone to test mineralization continuity.

    The Updated MRE is based on drillholes which are oriented between 90 to 50 degree inclinations from the surface, with up to three drillholes at different inclinations completed from the same drill pad. Drillholes are spaced approximately every 30 metres in the DPB South zone and 50 to 100 metres along sections with 50 metre distance between sections in DPB North and Northwest. At Victor, drillholes are spaced between approximately 25 to 50 metres apart along sections with the sections 50 to 100 metres apart.

    The Updated MRE encompasses Victor, DPB North, DPB South, and Northwest zones. The Victor area is approximately 700-metres by 350-metres while the DPB North area is 500-metres by 600 metres, DPB South area is 800 metres by 700 metres, the Northwest area is 1300 metres by 100 metres.

    RESPEC was supplied with vein shapes on cross-sections and level-plans generated by Blackrock which were subsequently solidified into a three-dimensional geologic model. Mineralized vein thicknesses in the model ranged from 0.1 to 15.8 metres and averaged 3.0 metres. A representative cross-section of deposit geology and vein intercepts is provided in Figure 1. Silver and gold mineral resources were modelled and estimated as follows:

    • Evaluate the drill data statistically;

    • Create tightly constrained low-, medium- and high-grade mineral-domain wireframe solids for both silver and gold, using the three-dimensional geologic model as a basis for domain interpretation;

    • Code a block model to the silver and gold domains using the mineral-domain wireframe solids;

    • Analyze the modelled mineralization geostatistically to aid in the establishment of estimation and classification parameters; and

    • Interpolate grades into models comprised of 1.0(east-west) x 1.0(north-south) x 1.0(vertical)-metre blocks using the silver and gold mineral domains to explicitly constrain the grade estimations.

    Figure 1: Representative Cross-Section Showing Geology and Mineralized Veins

    To view an enhanced version of this graphic, please visit:
    https://images.newsfilecorp.com/files/676/265525_ef20c5c7249798df_001full.jpg

    Drillhole assay samples were composited within the mineralized domains. High-grade capping was completed on composite data and established using a statistical analysis for silver and gold. Silver was capped at 3,000 g/t, and gold was capped at 30 g/t.

    Specific gravity test work was completed for 370 core samples. Results indicate an average density of 2.46 grams/cm3 for low-grade mineralized vein material, 2.53 grams/cm3 for mid- and high-grade mineralized vein material, and values ranging from 2.11-2.47 grams/cm3 for unmineralized wall rock, which varies by geologic formation.

    RESPEC utilized Inverse Distance Cubed (ID3) interpolation for the estimation to obtain a localizing effect in the mid- and high-grade domains, and an Inverse Distance Squared (ID2) in the low-grade domains where mineralization is more diffuse. All estimates are based on a block dimension of 1 metre by 1 metre by 1 metre blocks.

    The original deposit had been depleted by historical mining in the Victor area. Approximately 200,000 tonnes of material was removed from the Victor mineral resource estimate.

    A cutoff grade for the reported resource of 180 g/t AgEq was selected based on assumed mining costs for underground methods along with processing and G&A costs (see Table 2). At a 180 g/t AgEq cutoff, the average grade of the indicated and inferred mineral resources comprising the Updated MRE is 493.4 g/t AgEq and 525.8 g/t AgEq, respectively.

    A technical report is being prepared on the Updated MRE in accordance with NI 431-101 and will be available on the Company’s website and on SEDAR+ at www.sedarplus.ca within 45 days of the date of this news release.

    Qualified Persons

    The Updated MRE was prepared under the supervision of Mr. Jeffrey Bickel, CPG, an employee of RESPEC who is independent of the Company and a qualified person as defined under NI 43-101. Mr. Bickel has reviewed and approved the technical contents relating to the Updated MRE in this news release.

    Blackrock’s exploration activities at Tonopah West are conducted and supervised by Mr. William Howald, Executive Chairman of Blackrock. Mr. William Howald, AIPG Certified Professional Geologist #11041, is a qualified person as defined under NI 43-101. Mr. William Howald has reviewed and approved the technical contents of this news release as related to exploration activities at Tonopah West.

    Quality Assurance/Quality Control

    Mr. Bickel has reviewed the sampling, assaying, and security procedures used at Tonopah West and it is his opinion that they follow industry standard procedures, and are adequate for the estimation of the current MRE and for use in preparing the Technical Report.

    Mr. Bickel completed an audit of the database, verified data underpinning the MRE, visited the project site, and reviewed quality assurance and quality control data. He considers the assay data to be adequate for the estimation of the current MRE and for use in preparing the Technical Report.

    2025 Precious Metals Summit

    Blackrock will be attending the 2025 Precious Metals Summit (the ‘Summit’) in Beaver Creek, Colorado being held on September 9-12, 2025.

    Blackrock’s President & Chief Executive Officer, Andrew Pollard, will be presenting at the Summit on Tuesday, September 9th at 1:00pm MT. The presentation will be webcast live (and available for replay), in addition to 1-on-1 meetings with institutional investors and corporates throughout the conference.

    To view the webcast (and replay) please visit: https://www.gowebcasting.com/conferences/2025/09/09/precious-metals-summit

    About Blackrock Silver Corp.

    Backed by gold and silver ounces in the ground, Blackrock is a junior precious metal focused exploration and development company driven to add shareholder value. Anchored by a seasoned Board of Directors, the Company is focused on its 100% controlled Nevada portfolio of properties consisting of low-sulphidation, epithermal gold and silver mineralization located along the established Northern Nevada Rift in north-central Nevada and the Walker Lane trend in western Nevada.

    Additional information on Blackrock Silver Corp. can be found on its website at www.blackrocksilver.com and by reviewing its profile on SEDAR at www.sedarplus.ca.

    Cautionary Note Regarding Forward-Looking Statements and Information

    This news release contains ‘forward-looking statements’ and ‘forward-looking information’ (collectively, ‘forward-looking statements‘) within the meaning of Canadian and United States securities legislation, including the United States Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, are forward-looking statements. Forward-looking statements in this news release relate to, among other things: the Company’s strategic plans; estimates of mineral resource quantities and qualities; the timing of filing of the NI 43-101 technical report on the Updated MRE; the timing of release of a further updated mineral resource estimate; timing and expectations for the Company’s exploration and drilling programs; estimates of mineralization from drilling; geological information projected from sampling results; and the potential quantities and grades of the target zones.

    These forward-looking statements reflect the Company’s current views with respect to future events and are necessarily based upon a number of assumptions that, while considered reasonable by the Company, are inherently subject to significant operational, business, economic and regulatory uncertainties and contingencies. These assumptions include, among other things: conditions in general economic and financial markets; accuracy of assay results; geological interpretations from drilling results, timing and amount of capital expenditures; performance of available laboratory and other related services; future operating costs; the historical basis for current estimates of potential quantities and grades of target zones; the availability of skilled labour and no labour related disruptions at any of the Company’s operations; no unplanned delays or interruptions in scheduled activities; all necessary permits, licenses and regulatory approvals for operations are received in a timely manner; the ability to secure and maintain title and ownership to properties and the surface rights necessary for operations; and the Company’s ability to comply with environmental, health and safety laws. The foregoing list of assumptions is not exhaustive.

    The Company cautions the reader that forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results and developments to differ materially from those expressed or implied by such forward-looking statements contained in this news release and the Company has made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: the timing and content of work programs; results of exploration activities and development of mineral properties; the interpretation and uncertainties of drilling results and other geological data; receipt, maintenance and security of permits and mineral property titles; environmental and other regulatory risks; project costs overruns or unanticipated costs and expenses; availability of funds; failure to delineate potential quantities and grades of the target zones based on historical data; general market and industry conditions; and those factors identified under the caption ‘Risks Factors’ in the Company’s most recent Annual Information Form.

    Forward-looking statements are based on the expectations and opinions of the Company’s management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statements were made. The Company undertakes no obligation to update or revise any forward-looking statements included in this news release if these beliefs, estimates and opinions or other circumstances should change, except as otherwise required by applicable law.

    Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

    For Further Information, Contact:

    Andrew Pollard
    President and Chief Executive Officer
    (604) 817-6044
    info@blackrocksilver.com

    To view the source version of this press release, please visit https://www.newsfilecorp.com/release/265525

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    Trading resumes in:

    Company: Blackrock Silver Corp.

    TSX-Venture Symbol: BRC

    All Issues: Yes

    Resumption (ET): 11:30 AM

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    SOURCE Canadian Investment Regulatory Organization (CIRO) – Halts/Resumptions

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