Turning Point USA announced Thursday it ‘unanimously elected Erika Kirk as the new CEO and Chair of the Board’ following the assassination of Charlie Kirk.
‘May God Bless Erika, the Kirk family, and the entire team at Turning Point USA,’ the organization said in a statement.
This is a developing story. Please check for updates.
The Trump administration on Thursday asked the Supreme Court to set aside lower court decisions barring President Donald Trump from dismissing Federal Reserve Governor Lisa Cook.
The new request, which was expected, came on the heels of Cook’s participation in the crucial, two-day Federal Open Market Committee (FOMC) rate-setting meeting. For months, Trump has pressed the Federal Reserve to cut rates in order to help spur the nation’s economic growth.
On Monday, the U.S. Court of Appeals blocked Trump from immediately firing Lisa Cook from her role on the Federal Reserve Board of Governors, clearing the way for her to participate in the FOMC meeting.
The outcome of the FOMC meeting impacts every American, with knock-down effects felt in borrowing costs from everything from mortgages to credit cards.
‘The president lawfully removed Lisa Cook for cause,’ White House spokesman Kush Desai said in a statement on Sept. 15. ‘The administration will appeal this decision and looks forward to ultimate victory on the issue.’
The D.C. Appeals Court ruling also came as the Senate narrowly voted 48-47 Monday night to approve Trump’s Fed board nominee, Stephen Miran. He participated in the FOMC meeting alongside Cook.
Trump last month tapped Miran — who currently leads the White House Council of Economic Advisers — to fill the seat vacated by Federal Reserve Governor Adriana Kugler, following her resignation in August. He will finish the remainder of Kugler’s term, which ends on Jan. 31, 2026.
Last week, U.S. District Court Judge Jia Cobb temporarily blocked Cook’s firing, allowing her to continue in her current role for now. She said Trump likely violated Cook’s due process rights and that the Federal Reserve statute does not account for conduct that occurred before a governor took office, like the mortgage fraud alleged against Cook.
The allegations originated with Bill Pulte, a Trump appointee to the federal agency that regulates Fannie Mae and Freddie Mac.
Pulte tied Cook to a trio of properties in Michigan, Georgia, and Massachusetts, which prompted scrutiny over whether Cook had misrepresented how the homes would be used. The three mortgage loans were issued in 2021, before she was nominated by former President Joe Biden to join the Fed board.
Pulte made two separate referrals to the Justice Department over Cook’s mortgage applications.
Trump seized on those allegations and ousted Cook on Aug. 25, which prompted her to sue him in federal court three days later. Her lawsuit named as defendants Trump, the Board of Governors of the Federal Reserve System, and Federal Reserve Chairman Jerome Powell.
The suit, which was filed on Aug. 28, centered on whether Trump satisfied the ‘for cause’ provisions under federal law required to remove a sitting Fed governor, is the first of its kind. Cook’s lawsuit does not address the allegations that she listed multiple houses as a primary residence on mortgage filings.
The Justice Department opened a criminal investigation on Sept. 4 into Cook over allegations of mortgage application fraud. Her lawyer, Abbe Lowell, wrote in a filing on Sept. 2 that she ‘did not ever commit mortgage fraud.’
Cook’s lawyers have also stressed both in court filings and in arguments before Judge Cobb last month the novelty of Trump’s attempt to oust her — a move they argued lacked sufficient cause, and could be used as a dangerous pretext to oust other members of independent federal boards.
Senate Majority Leader John Thune, R-S.D., said he believes Senate Democrats are posturing for a government shutdown to score a political win with their base, and he’s trying to prevent it.
In an interview with Fox News Digital, Thune argued that Democrats, led by Senate Minority Leader Chuck Schumer, D-N.Y., lack a real reason for not backing the GOP’s short-term government funding extension other than to appease the ‘far left.’
Thune said that in March, when Democrats last joined Republicans to keep the government open, Schumer and his caucus made a ‘very different argument’ about averting a partial government shutdown, but the move was unpopular with their political base.
‘It’s getting to the point now where their base [has] got so much influence in the party, and they’re so demanding on just resisting and fighting everything, with respect to the Trump administration, that they can’t see straight,’ Thune said.
‘It is borderline pathological. It’s like a disease,’ he continued. ‘They just — that this is something with which they’re afflicted, and I think it really blurs their vision. And I think they run the risk with this, again, of putting themselves in a position of where they are viewed as the party that’s trying to block the government from being funded.’
House Republicans unveiled their stopgap bill, known as a continuing resolution (CR), earlier this week that would keep the government open under current spending levels until Nov. 21.
The bill is ‘clean,’ meaning there aren’t partisan policy or spending riders, save for the millions meant for beefing up security measures for lawmakers, the judicial branch and the administration, and funding meant for Washington, D.C.’s budget.
While the Republican-controlled House is expected to pass the bill on Friday, the Senate is a different story. Despite Thune commanding a majority in the upper chamber, he will need Senate Democrats to support the bill. And so far, they aren’t budging.
Thune contended that the bill is everything that Democrats — when they controlled the Senate under former President Joe Biden — dreamed of: a clean, short-term bill. But the issue at hand now is a matter of communication.
Schumer has accused Thune of not speaking with him, or Senate Democrats more broadly, about the bill, and he has labeled the GOP’s push to avert a partial government shutdown a partisan effort led by President Donald Trump.
But Thune said he did try to talk to Schumer last week when the GOP was gearing up to change Senate rules to blast through Democrats’ blockade of Trump’s nominees.
Thune went to Schumer on the floor to discuss the then-ongoing talks between Republicans and Democrats on a since-failed deal for confirmations, but he recalled that the Democratic leader brushed him off.
‘He couldn’t get out of the conversation fast enough,’ Thune said. ‘He was, like, running off the floor. So, I mean, there was certainly an opportunity there to say, ‘We need to sit down and talk about, you know, a CR and how to fund the government.’ I just think this is more political posturing.’
‘That’s the way it’s supposed to work. But the way Schumer likes it to work, and I think this is, again, part of his business model, is you go into his back office, behind closed doors and write this, you know, in the dark of night, and that’s just not the way we’re doing business,’ he continued.
Senate Democrats unveiled their own counter-proposal to the GOP’s bill late Wednesday night that includes a slew of their priorities not included in the clean CR, like permanently extending expiring Obamacare premium subsidies, undoing the ‘big, beautiful bill’s’ Medicaid cuts, and clawing back the canceled funding for NPR and PBS.
Thune said that some of the issues that Democrats were pushing in a short-term extension ‘don’t fit there,’ but that conversations, particularly on finding a deal for the healthcare insurance tax credits, could be had later on.
Still, he viewed Democrats’ resistance as not ‘serious,’ given that the end goal of the short-term extension is to actually pass the dozen spending bills to fund the government — a feat that hasn’t been pulled off in Congress since the 1990s.
The House and Senate are currently working on a path forward for three spending bills, which both chambers have already passed. Thune hoped that if lawmakers were able to avert a partial shutdown, that work could continue with the remaining nine funding bills.
‘This will test the seriousness of whether or not they actually want a real appropriations process, and whether they want to have a bipartisan way of funding the government,’ Thune said.
‘And if the Democrats would give us consent to get on them and work with us, we could have a bipartisan process on the floor like we did with those other three, and we could fund most of the government the old-fashioned way, which is the way it’s supposed to be done,’ he continued.
But before any of that can happen, the bill has to make its way to the upper chamber. Thune is leaving the door open for the Senate to work into the weekend, but the Sept. 30 deadline is fast-approaching.
Congress also has a recess scheduled for next week to observe the Jewish New Year, and a vast majority of Republicans will be in Arizona for conservative activist Charlie Kirk’s memorial service.
There are also several procedural hurdles in the Senate that will have to be dealt with, further bogging down the process. Ultimately, Thune believed that it would be ‘up to the Democrats.’
‘If they want to put a vote up sooner, later, and our members again — if the Democrats are going to fight us and make us do this the hard way — may just decide, let’s just set this up for votes,’ Thune said. ‘When we get back here, and we get up against the deadline, when it becomes real, then we use live ammo.’
Fox News Digital reached out to Schumer’s office for comment, but did not immediately hear back.
Rep. Elise Stefanik, R-N.Y., requested that Attorney General Pam Bondi undertake an investigation into Doctors Without Borders under the Anti-Terrorism Act.
In a copy of Stefanik’s letter reviewed by Fox News Digital, she accuses Doctors Without Borders, often known by its French acronym MSF, of having gone on a media offensive against U.S.-backed Gaza Humanitarian Foundation, accusing the organization of ‘orchestrated killing.’
Stefanik claimed the attacks ‘mirror propaganda continuously pushed by Hamas and threaten to undermine the only large-scale humanitarian food operation currently working in Gaza.’
GHF has distributed 167 million meals to Gazans since it started operations in May. During the same period, less than 18% of aid sent into Gaza by the U.N. has reached its destination due to theft and armed looting, per the United Nations Office for Project Services.
Stefanik stated in her letter to Bondi that by ‘using its platform and resources to amplify Hamas-aligned disinformation,’ MSF ‘may cross well into unlawful activity.’ Stefanik noted, the Anti-Terrorism Act ‘makes clear that no individual or organization may provide material support to a designated terrorist group, including through propaganda.’
Stefanik pointed out several indicators that demonstrate MSF ‘are in fact not neutral in the Gaza conflict and in fact only seem to promote Hamas-supported rhetoric.’ She said MSF ‘has made no reference to hostages illegally held by Hamas in Gaza,’ and has not ‘campaigned for them to receive medical treatment.’
Stefanik described several hostages who required specialized care. One hostage was being treated for cancer on Oct. 7. Another lost his hand during a grenade explosion at the Nova festival. A third was kidnapped while nine months pregnant and gave birth while held captive. ‘None is included in MSF’s ‘humanitarian’ advocacy,’ Stefanik said.
Stefanik also called into question the ‘extremist actions and rhetoric’ of MSF staff, which have led to criticism of the organization. In one case, after MSF lamented the death of a staffer who was killed in Gaza in June 2024; the Israel Defense Forces confirmed he was a rocket expert for Palestinian Islamic Jihad. In another, a staffer publicly called for Palestinians to ‘fight and die as martyrs’ according to the French publicationLe Journal du Dimanche in March 2024.
Stefanik also questions whether MSF, a registered 501(c)(3), has violated the ‘strict prohibitions’ that come with nonprofit status. She asked that Bondi’s office review MSF’s ‘political attacks’ and, if necessary, refer the group to the Internal Revenue Service.
‘This is not a matter of routine oversight,’ Stefanik concluded. ‘It is a matter of national security, the protection of U.S. taxpayers and donors, and the defense of legitimate humanitarian organizations in one of the most dangerous conflict zones in the world. President Trump has made clear that the United States will never tolerate support for terrorist organizations in any form, and this case demands that same clarity and resolve.’
MSF did not immediately respond to Fox News Digital’s questions about Stefanik’s letter.
NEW YORK – Meghan McCain believes ‘the U.S.-Israel alliance is incredibly strong’ even amid rising antisemitism across the country and increasing political pressure from both sides of the aisle.
Fox News Digital sat down with McCain on Tuesday evening before she received the ‘Champion of Israel’ award from the American Friends of Magen David Adom (AFMDA), which supports Israel’s emergency medical and disaster response service. She noted that in her observation, issues surrounding the U.S.-Israel relationship appear to be more partisan as far as the left is concerned.
McCain said that she sees some pro-Israel Democrats, specifically pointing to Sen. Chuck Schumer, D-N.Y., ‘hedging in different places.’ During her award acceptance speech at this year’s AFMDA New York City gala, she also called out New York City Democratic mayoral candidate Zohran Mamdani, who has taken heat for previous acceptance of antisemitic rhetoric such as ‘globalize the intifada.’
‘Pray for this city,’ McCain said, adding, ‘he’s an animal.’ The statement garnered applause from the audience, which gathered at Manhattan’s Cipriani Wall Street.
McCain also acknowledged that there are political elements not just on the left, but also on the right that oppose Israel, all of which she condemned. She urged those in attendance to ‘fight together to combat this destructive message of the radical left and within my own party on the alt-right.’
Despite this, the White House’s ties to Jerusalem give McCain hope that the relationship between the two nations is ironclad.
‘Of many of the reasons that I’m glad that President Trump is president is his wholehearted support of Israel is definitely one of them,’ McCain told Fox News Digital. ‘I think that we have an incredibly strong alliance and shared values and shared political interests and shared global interests.’
The former co-host of ‘The View’ also said that she believes the majority of the American public understands that ‘the interests of Israel and the interests of the United States of America are shared, especially in our fight against Islamic extremism.’
Charlie Kirk – who was also a steadfast supporter of Israel – came up both in McCain’s speech and her conversation with Fox News Digital.
‘I think we’re all sort of struggling with his assassination,’ she told Fox News Digital. ‘I am not satisfied with the reaction of the broad swath of Democrat leaders. When you have people like Ilhan Omar that are still accepted in Democrat spaces after what she said about Charlie Kirk in the wake of his passing, I mean, it’s hideous.’
Speaking to the audience of first responders and their supporters, she pointed out the contrast between those who save lives because of their beliefs and those who end them.
‘Where what you do here is about saving lives, the other side has nothing to offer but destruction. There are people all around the world and even in this country who do not want to participate in debate. They do not want to be proven wrong,’ McCain said.
‘And in the instance of people brave enough like Charlie Kirk to stand for Judeo-Christian values and the values of family and life and freedom and the right of Israel to defend itself against its enemies, they will try to destroy you by any means necessary and dance in celebration when you fall,’ she later added.
Addressing gala attendees, McCain delivered a strong defense of the U.S.-Israel alliance, as well as her personal unwavering support for the Jewish state.
‘No matter how much of the world — motivated by moral cowardice, material interest, or the sublimated antisemitism that still stalks the globe — turns away from Israel, I will not. I will never. And I speak for millions and millions of Americans who feel exactly the same,’ McCain said to a cheering crowd.
McCain credited her father, the late Sen. John McCain, R-Ariz., and his relationship with the late Sen. Joe Lieberman, D-Conn., for her desire to deliver a strong defense of the U.S.-Israel relationship.
‘My father always understood the importance of the connection between America and Israel. His deep friendship with the man who was for all intents and purposes my uncle, the late Senator Joe Lieberman, was what exposed me to Jewish life, thought, and practice from a young age,’ McCain said. Later in her speech, she added that she and her husband, Ben Domenech ‘feel the same way, as so many Americans do: that Israel’s cause is right, Israel’s fight is noble, and Israel’s means are just.’
Magen David Adom (MDA), which is essentially Israel’s version of the Red Cross, handles a wider range of issues than its American counterpart, the Red Cross, such as disaster relief and blood services.
On Oct. 7, 2023, MDA handled over 21,600 emergency calls, five times more than the number of calls it gets on an average Saturday. Additionally, MDA dispatched 1,430 ambulances and intensive care units alongside hundreds of emergency motorcycles, three helicopters, command and control vehicles, and 24 mass casualty response vehicles equipped to deploy mobile treatment sites. Since the Israel-Hamas war began, 38 MDA personnel lost their lives.
McCain concluded her speech with a stark warning — that Israel’s fight is America’s fight and that ‘If Israel were to lose its war — God forbid — the armies of darkness would march toward us here in America, too.’
Nevgold Corp. (‘ NevGold ‘ or the ‘ Company ‘) ( TSXV:NAU,OTC:NAUFF) (OTCQX:NAUFF) (Frankfurt:5E50 ) is pleased to announce an updated Mineral Resource Estimate (‘ MRE ‘) for the Nutmeg Mountain gold project (the ‘ Project ‘, ‘ Nutmeg Mountain ‘) in Idaho.
Key Highlights
NevGold CEO, Brandon Bonifacio, comments: ‘This is another important milestone for NevGold and the Nutmeg Mountain gold project in Idaho as it further validates the quality of the asset located in a tier-one mining jurisdiction. We are pleased with the results of the updated MRE, as it illustrates the size and heap-leach grade of this at-surface, open-pit oxide gold project in the Western USA. The updated MRE also further validates the strong growth potential of mineralization at the Project, which remains open in multiple directions. We look forward to drilling the highly prospective targets that we have identified at surface and at depth. After completion of this MRE, we plan to advance to a Preliminary Economic Assessment (PEA) to further advance the Project to the next stage of development. We have an extremely favorable macroeconomic situation with the gold price and momentum in the US to advance high-quality, domestic mineral projects . ‘
Table 1: Nutmeg Mountain – Open-Pit, Heap-Leach MRE (see notes below)
| Cut-Off Grade Au g/t |
Classification | Tonnes | Gold Grade Au g/t |
Ounces Gold |
| 1.00 | Indicated | 5,433,000 | 1.31 | 230,000 |
| 1.00 | Inferred | 610,000 | 1.38 | 27,000 |
| 0.80 | Indicated | 10,061,000 | 1.12 | 362,000 |
| 0.80 | Inferred | 1,297,000 | 1.12 | 47,000 |
| 0.60 | Indicated | 19,025,000 | 0.92 | 560,000 |
| 0.60 | Inferred | 3,025,000 | 0.87 | 85,000 |
| 0.50 | Indicated | 26,353,000 | 0.81 | 688,000 |
| 0.50 | Inferred | 5,711,000 | 0.72 | 132,000 |
| 0.40 | Indicated | 37,167,000 | 0.71 | 844,000 |
| 0.40 | Inferred | 10,496,000 | 0.59 | 199,000 |
| 0.30 | Indicated | 52,556,000 | 0.60 | 1,014,000 |
| 0.30 | Inferred | 22,458,000 | 0.46 | 332,000 |
| 0.20 | Indicated | 74,205,000 | 0.50 | 1,186,000 |
| 0.20 | Inferred | 49,749,000 | 0.34 | 548,000 |
| 0.10 | Indicated | 95,465,000 | 0.42 | 1,294,000 |
| 0.10 | Inferred | 87,406,000 | 0.26 | 732,000 |
Notes:
Figure 1 – Plan view map of Nutmeg Mountain gold project. Black line outlines the larger unpatented Bureau of Land Management (BLM) project boundary, with orange outline defining patented claims and private leases which do not have limitations on disturbance acreage allowed, and can be drilled with a notice to the State of Idaho. Blue dashed lines represent identified targets based on numerous geological data layers and work completed at the Project . To view image please click here
Figure 2 – Cross-section looking north through the MRE block model with all blocks above a 0.10 g/t Au cut-off. Mineralization starts at surface, and there is further mineralization beneath the US$2350/oz pit-shell used in the MRE.
To view image please click here
Figure 3 – Cross-section looking north through the MRE block model with 0.60 g/t Au cut-off. The higher grade mineralization is within the 0.20 g/t Au cut-off MRE and starts at surface. To date, the Company has not completed any mine scheduling studies on the MRE. To view image please click here
Figure 4 – Map of Washington County district in Southwest Idaho including the Nutmeg Gold Trend, and emerging Hercules Copper Trend. Nutmeg Mountain is approximately 30 km from the Hercules Copper Trend. To view image please click here
Nutmeg Mountain – Summary
Nutmeg Mountain is a low-sulphidation epithermal gold deposit located in southwest Idaho, approximately 20 kilometers east of Weiser, Idaho, and 120 kilometers northwest of Boise, Idaho. The Project is approximately 1,724 hectares in size, which is comprised of 210 federal unpatented claims, 12 patented claims, and 2 private leases. The Project has 940 core, reverse circulation (‘RC’), and rotary drill holes totaling over 71,625 meters of drilling.
Figure 5 – Map of NevGold’s projects in the Western USA. To view image please click here
Nutmeg Mountain – Additional Exploration Potential
The work completed to date by the Company has identified several high priority drill targets for future drilling. Historical drilling was mainly focused on the outcropping and near-surface disseminated mineralization, which is primarily located on the patented mining claims and other privately owned ground. (Figure 1) NevGold has identified numerous additional near-surface gold targets on the unpatented mining claims surrounding the private ground. Additionally, the average drill hole depth at the Project is less than 75 meters, and to date the potential high-grade feeder veins typically associated with low-sulphidation epithermal gold systems have yet to be identified. Discovering additional near-surface disseminated gold mineralization and the potential high-grade feeder structures will continue to be the focus of NevGold’s ongoing exploration.
Nutmeg Mountain Deposit Geology and Model
Nutmeg Mountain is a low-sulphidation epithermal gold deposit with exploration dating back to the 1980s. The Project is host to Miocene-age basalt and tuffaceous sediments, Payette Formation sandstone and siltstone, and lacustrine sedimentary rocks of the Pliocene-age Idaho Group.
Most gold mineralization that has been identified at the Project to date occurs within a north-trending graben, which is where most of the drilling has been concentrated. The graben is bounded by faults on the east and west, and sedimentary units change in thickness and character across the bounding faults. Mineralization is associated with multi-phase hydrothermal brecciation and veining, strong silicification, acid alteration, and faulting. Much of the surface alteration is composed primarily of opaline silica and appears to be replacement of Payette Formation sandstone.
There are four principal zones of mineralization. The Main Zone is the most significant in size and contains most of the gold in the MRE. Gold mineralization is hosted primarily in silicified Payette Formation sandstone that has been subjected to multiple phases of hydrothermal alteration, brecciation, and veining. The Main Zone mineralization occurs over a north-south distance of approximately 1,200 meters, a width from 250 to 500 meters, and a vertical thickness of up to 180 meters. Most of the gold in the MRE is situated in the top 75 meters of this vertical thickness, creating an opportunity to expand the resource vertically with further deeper drilling and additional data.
The North Zone underlies the narrow ridge crest at the north end of the Project, approximately 600 meters northeast of the Main Zone. In the North Zone, gold mineralization occurs as an oval, north-trending, tabular body that is up to 60 meters thick, approximately 335 meters long (N-S) and 150 meters wide. The Stinking Water Zone lies approximately 400 meters west of the North Zone and 600 meters north of the Main Zone. The Cove Creek Zone is located 600 meters southeast of, and approximately 170 meters lower than the Main Zone, with little to no surface expression.
Figure 6 – Plan view map of Nutmeg Mountain gold project with geology summary. The red outlines define the mineralization at a 0.20 Au g/t cutoff. The gold dash outline represents areas with additional mineralization potential.
To view image please click here
Drillhole Data and QAQC Procedures
Prior to the Company’s work, the Project was evaluated by several historical work programs starting in the 1980s including geological mapping, geochemical and geophysical surveying, several metallurgical bulk samples and 934 core, RC, and rotary drill holes totaling 70,254 meters. In early 2023, NevGold completed five core holes totaling 1,371 meters, four of which were located within the known envelope of mineralization. The data from these holes have been used in the MRE.
There is minimal documented QA/QC procedures or data available for drill programs prior to 2008. The Company drill program utilized full industry-standard survey control and QAQC programs and is designed to systematically validate as much of the historical drilling as possible through collar surveys, re-logging, and re-sampling.
Reasonable Prospects of Eventual Economic Extraction
To support reasonable prospects for eventual economic extraction for the MRE, GMRS used the estimated block model to generate an optimized pit-shell using the following assumptions: a gold price of US$2350/oz, mining costs of US$2.20/tonne moved, processing costs including general and administration costs of US$5.50/tonne, heap-leach process recovery of 80%, and an overall pit slope angle of 50 degrees. Mining and processing costs are based on industry norms and benchmarking for this type of deposit and contemplated mining method.
Environmental, Social, and Governance Opportunities
As part of its commitment to environmental, social, and governance (ESG) practices, the Company has commenced a review of alternate energy potential near the Project. These alternate sources include geothermal, solar, and wind power generation. In particular, the Project is in an area of high geothermal energy potential with two geothermal projects already operating nearby. There are also a number of solar and wind power generation projects in Idaho. The Company is actively considering collaboration agreements with alternate energy partners to assess opportunities to lower the carbon footprint at the Project.
Technical Report
A technical report is being prepared on the Updated MRE in accordance with NI 43-101 standards, 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. The MRE was prepared by independent mining consulting firm GMRS.
Qualified Person Statements
Mr. Greg Mosher (P.Geo., M.Sc. Applied), Principle of GMRS is an independent ‘Qualified Person’ under NI 43-101 and responsible for the MRE. Mr. Mosher has prepared and approved the scientific and technical information related to the MRE contained in this news release.
Greg French, CPG, the Company’s Vice President, Exploration, and a ‘Qualified Person’ under NI 43-101 has also reviewed and approved the scientific and technical information contained in this news release.
ON BEHALF OF THE BOARD
‘Signed’
Brandon Bonifacio, President & CEO
For further information, please contact Brandon Bonifacio at bbonifacio@nev-gold.com, call 604-337-5033, or visit our website at www.nev-gold.com .
About the Company
NevGold is an exploration and development company targeting large-scale mineral systems in the proven districts of Nevada and Idaho. NevGold owns a 100% interest in the Limousine Butte and Cedar Wash gold projects in Nevada, and the Nutmeg Mountain gold project and Zeus copper project in Idaho.
Please follow @NevGoldCorp on Twitter , Facebook , LinkedIn , Instagram , and YouTube .
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.
Cautionary Note Regarding Forward Looking Statements
This news release contains forward-looking statements that are based on the Company’s current expectations and estimates. Forward-looking statements are frequently characterized by words such as ‘plan’, ‘expect’, ‘project’, ‘intend’, ‘believe’, ‘anticipate’, ‘estimate’, ‘suggest’, ‘indicate’ and other similar words or statements that certain events or conditions ‘may’ or ‘will’ occur. Forward looking statements in this news release include statements with respect to estimates of mineral resources, the Company’s future exploration plans with respect to the Project, the intention to complete future updated MRE’s and a PEA and the timeline for completion, and the upgrade of inferred mineral resources to indicated mineral resources. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause actual events or results to differ materially from estimated or anticipated events or results implied or expressed in such forward-looking statements, which include the dangers inherent in exploration, development and mining activities; the uncertainty of mineral resource estimates; not achieving an updated MRE, a PEA and other exploration goals or estimates; actual exploration or development plans and costs differing materially from the Company’s estimates; obtaining additional financing from time-to-time to continue operations; compliance with government regulation; stock market volatility that may adversely affect the price of the Company’s securities; and the ability to obtain and maintain any necessary permits, consents or authorizations required for mining activities. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein.
News Provided by GlobeNewswire via QuoteMedia
IsoEnergy Ltd. (NYSE American: ISOU) (TSX: ISO) (‘IsoEnergy’) and Purepoint Uranium Group Inc. (TSXV: PTU,OTC:PTUUF) (OTC: PTUUF) (‘Purepoint’) today announced the receipt of partial assay results from the summer drill program at the companies’ 5050 joint venture Dorado Project (the ‘ Dorado Project ‘), located on the southeastern margin of Saskatchewan’s Athabasca Basin. The highlight comes from drill hole PG25-07A, which returned 2.1 metres grading 1.6% U₃O₈, including 0.4 metres at 8.1% U₃O₈ and an additional 4.9 metres at 0.52% U₃O₈ representing the most significant assay intervals reported to date from the Nova discovery zone (see Table 1 below).
‘Eight percent uranium is an excellent grade from the centre of the very strong radioactive interval drilled by hole 7A,’ said Chris Frostad , President and CEO of Purepoint Uranium. ‘These assays reinforce the strength of this newly discovered system and provide a solid anchor point as we continue to test the mineralized structure in all directions.’
Highlights:
Despite having time and budget remaining, the program was cut short due to regional wildfires that limited helicopter access and created hazardous field conditions. As a result, drilling at the nearby Celeste project, also a Purepoint-IsoEnergy joint venture, has been deferred to a future program.
Table 1: Assay Results of Nova Discovery Drill Holes Received to Date
|
Hole ID |
From (m) |
To (m) |
Length |
% U3O8 |
|
PG25-07A |
384.3 |
386.4 |
2.1 |
1.62 |
|
Includes |
386.0 |
386.4 |
0.4 |
8.13 |
|
391.8 |
396.7 |
4.9 |
0.52 |
|
|
Includes |
392.6 |
392.9 |
0.3 |
2.47 |
|
Includes |
394.5 |
394.9 |
0.4 |
2.92 |
|
399.4 |
399.7 |
0.3 |
0.24 |
|
|
402.2 |
402.8 |
0.6 |
0.25 |
|
|
Previously Reported Assays |
||||
|
PG25-04 |
386.3 |
386.9 |
0.6 |
0.96 |
|
409.1 |
409.5 |
0.4 |
0.15 |
|
|
PG25-05 |
328.9 |
329.9 |
1.0 |
2.19 |
|
Includes |
329.2 |
329.5 |
0.3 |
5.38 |
|
399.3 |
399.6 |
0.3 |
0.10 |
|
Turaco Grid Drilling
Two holes (TUR25-01 and TUR25-02) totaling 832 metres were completed at the Turaco Grid, targeting two parallel, newly reinterpreted airborne electromagnetic (EM) conductors within Zone 3. Neither hole encountered anomalous radioactivity, but both the results will help calibrate the Dorado Project’s updated geophysical model. The highest radioactivity returned from the downhole probe was 578 CPS.
Serin Grid Drilling
Two holes (SL25-10 and SL25-11) were drilled at the Serin Grid, totaling 1,032 metres. While uranium mineralization was not encountered in SL25-10, anomalous radioactivity was hosted by a 6-metre-wide chloritized pegmatite in SL25-11 and returned up to 1,200 CPS from the downhole gamma probe. The drill hole results provide valuable insights into the basement geology and structural context that will guide future targeting.
Next Steps
Purepoint and IsoEnergy are now awaiting the full suite of geochemical assays and structural interpretations for the 2025 drill program. The results will support detailed planning for follow-up drilling in 2026, focused on expanding Nova and testing priority corridors across the broader Dorado Project property.
About the Dorado JV Project
The Dorado Project (Figure 3) is the flagship project of the IsoEnergy-Purepoint 50/50 joint venture, a partnership encompassing more than 98,000 hectares of prime uranium exploration ground. The Dorado Project includes the former Turnor Lake , Geiger, Edge, and Full Moon properties, all underlain by graphite-bearing lithologies and fault structures favorable for uranium deposition.
Recent drilling by IsoEnergy east of the Hurricane Deposit has intersected strongly elevated radioactivity in multiple holes. The anomalous radioactivity confirms the continuity of fertile graphitic rock package and further highlights the opportunity for additional high-grade discoveries across the region.
The shallow unconformity depths across the Dorado Project property—typically between 30 and 300 metres—allow for highly efficient drilling and rapid follow-up on results.
Gamma Logging and Geochemical Assaying
A Mount Sopris 2PGA-1000 downhole total gamma probe was utilized for radiometric surveying. All drill intercepts are core width and true thickness is yet to be determined.
Core samples are submitted to the Saskatchewan Research Council (‘ SRC ‘) Geoanalytical Laboratories in Saskatoon . The SRC facility is independent of IsoEnergy and Purepoint and is ISO/IEC 17025:2005 accredited by the Standards Council of Canada (scope of accreditation #537). The samples are analyzed for a multi-element suite, including uranium, using partial and total digestion and inductively coupled plasma (ICP) mass spectroscopy (MS) and optical emission spectroscopy (OES) methods. Boron sample analysis includes by fusion in a Na2O2/NaCO3 flux. followed by solution in deionized water and analysis by ICP-OES. The U 3 O 8 % values reported here are derived from uranium-total (Ut) results measured by total digestion preparation followed by ICP-OES analysis. The Ut results are reported by SRC in parts per million (ppm) and are converted to U 3 O 8 % by multiplying by 1.17924 and dividing by 10,000.
The basement rock drill core is NQ in size and samples are created in the field by spitting the core in half. Field duplicate samples are also created in the field by spitting every 30th sample of remaining core; one quarter is sent to the laboratory and one quarter of the core remains in the core box. Data verification includes internal SRC laboratory quality assurance and quality control (QA/QC), blanks, comparison of results of the duplicate samples and variance of standard samples.
References
Alonso, D., Dalidowicz, F., Mondy, J., 1991: Henday Lake Project 1991 Winter Activities and Results, Cogema Canada Limited.
Saskatchewan Mineral Assessment File Number 74I-0053.
Cutts, C. and Lesiczka, M., 2007: Henday Lake Project 2007 Activities and Results, Areva Resources Canada Inc.
Saskatchewan Mineral Assessment File Number 74I08-0071.
Donmez, S., 2013: Hatchet Lake Project, Richardson Lake Area , Winter 2013 Diamond Drilling Program, Denison Mines Corp.
Saskatchewan Mineral Assessment File Number MAW00308
Goulet, D., Pascal, M., and Donmez, S., 2015: Murphy Lake Diamond Drilling Program and Slingram Moving Loop Surface Transient
Electromagnetic Survey, Denison Mines Corp., Saskatchewan Mineral Assessment File Number MAW01724
Munholland, P. and Bingham, D., 1999: Henday Lake Project 1999 Activities and Results, Cogema Resources Inc. Saskatchewan
Mineral Assessment File Number 74I09-0062.
Qualified Person Statement
The scientific and technical information contained in this news release relating to IsoEnergy and Purepoint was reviewed and approved by Dr. Dan Brisbin , P.Geo., IsoEnergy’s Vice President, Exploration and Scott Frostad BSc , MASc, P.Geo., Purepoint’s Vice President, Exploration, who are ‘Qualified Persons’ (as defined in NI 43-101 – Standards of Disclosure for Mineral Projects (‘NI 43-101’)).
For additional information with respect to the current mineral resource estimate for IsoEnergy’s Hurricane Deposit, please refer to the Technical Report prepared in accordance with NI 43-101 entitled ‘Technical Report on the Larocque East Project, Northern Saskatchewan, Canada ‘ dated August 4, 2022 , available under IsoEnergy’s profile at www.sedarplus.ca .
This news release refers to properties other than those in which IsoEnergy and Purepoint have an interest. Mineralization on those other properties is not necessarily indicative of mineralization on the Joint Venture properties.
About IsoEnergy Ltd.
IsoEnergy (NYSE American: ISOU; TSX: ISO) is a leading, globally diversified uranium company with substantial current and historical mineral resources in top uranium mining jurisdictions of Canada , the U.S. and Australia at varying stages of development, providing near-, medium- and long-term leverage to rising uranium prices. IsoEnergy is currently advancing its Larocque East project in Canada’s Athabasca basin, which is home to the Hurricane deposit, boasting the world’s highest-grade indicated uranium mineral resource. IsoEnergy also holds a portfolio of permitted past-producing, conventional uranium and vanadium mines in Utah with a toll milling arrangement in place with Energy Fuels. These mines are currently on standby, ready for rapid restart as market conditions permit, positioning IsoEnergy as a near-term uranium producer.
About Purepoint
Purepoint Uranium Group Inc. (TSXV: PTU,OTC:PTUUF) (OTCQB: PTUUF) is a focused explorer with a dynamic portfolio of advanced projects within the renowned Athabasca Basin in Canada . Highly prospective uranium projects are actively operated on behalf of partnerships with industry leaders including Cameco Corporation, Orano Canada Inc. and IsoEnergy Ltd.
Additionally, the Company holds a promising VMS project currently optioned to and strategically positioned adjacent to and on trend with Foran Mining Corporation’s McIlvenna Bay project. Through a robust and proactive exploration strategy, Purepoint is solidifying its position as a leading explorer in one of the globe’s most significant uranium districts.
www.isoenergy.ca
Neither the Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this Press release.
Cautionary Statement Regarding Forward-Looking Information
This press release contains ‘forward-looking information’ within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as ‘plans’, ‘expects’ or ‘does not expect’, ‘is expected’, ‘budget’, ‘scheduled’, ‘estimates’, ‘forecasts’, ‘intends’, ‘anticipates’ or ‘does not anticipate’, or ‘believes’, or variations of such words and phrases or state that certain actions, events or results ‘may’, ‘could’, ‘would’, ‘might’ or ‘will be taken’, ‘occur’ or ‘be achieved’. This forward-looking information may relate to additional planned exploration activities, including the timing thereof and the anticipated results thereof; and any other activities, events or developments that the companies expect or anticipate will or may occur in the future.
Forward-looking statements are necessarily based upon a number of assumptions that, while considered reasonable by management at the time, are inherently subject to business, market and economic risks, uncertainties and contingencies that may cause actual results, performance or achievements to be materially different from those expressed or implied by forward-looking statements. Such assumptions include, but are not limited to, that planned exploration activities are completed as anticipated; the anticipated costs of planned exploration activities, the price of uranium; that general business and economic conditions will not change in a materially adverse manner; that financing will be available if and when needed and on reasonable terms; and that third party contractors, equipment and supplies and governmental and other approvals required to conduct the Joint Venture’s planned activities will be available on reasonable terms and in a timely manner. Although each of IsoEnergy and Purepoint have attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information.
Such statements represent the current views of IsoEnergy and Purepoint with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by IsoEnergy and Purepoint, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Risks and uncertainties include but are not limited to the following: the inability of the Joint Venture to complete the exploration activities as currently contemplated; ; uncertainty of additional financing; no known mineral resources or reserves; aboriginal title and consultation issues; reliance on key management and other personnel; actual results of technical work programs and technical and economic assessments being different than anticipated; regulatory determinations and delays; stock market conditions generally; demand, supply and pricing for uranium; and general economic and political conditions. Other factors which could materially affect such forward-looking information are described in the risk factors in each of IsoEnergy’s and Purepoint’s most recent annual management’s discussion and analyses or annual information forms and IsoEnergy’s and Purepoint’s other filings with the Canadian securities regulators which are available, respectively, on each company’s profile on SEDAR+ at www.sedarplus.ca . IsoEnergy and Purepoint do not undertake to update any forward-looking information, except in accordance with applicable securities laws.
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GRANDE PRAIRIE, ALBERTA TheNewswire – (September 18, 2025): Angkor Resources Corp. (TSXV: ANK,OTC:ANKOF) (‘ANGKOR’ OR ‘THE COMPANY’) proudly announces its continuing community development program with basic infrastructure for transportation improvements.
Angkor has led community development across its multiple projects since it first entered Cambodia, believing that collaboration with communities to jointly find solutions to their needs is instrumental in advancing successful projects. Management believes that building trust is a component of making communities stronger, and that relationship affects the economics of every project Angkor undertakes.
Angkor’s agreement with the Indigenous Communities covers listening and collaborating for solutions in a variety of areas from education, water and sanitation, agricultural improvements, land use, numeracy and literacy, as well as infrastructure. Angkor is rarely asked for assistance on materials for infrastructure as the community generally contributes what the members have access to in order to build out a structure. Like anywhere across waterways, bridges are an important element of infrastructure. In remote areas without access to steel beams, communities stretch the resources within their network to ensure their people have the ability to transport themselves and their wares to market.
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Figure 1 Community bridge built by Indigenous communities in Ratanakiri requiring repairs
The communities asked for assistance with repairing and reinforcing the bridge. They undertake the work, source the beams in the forest and cut, transport, and customize them at site. In this case, the plans were laid out by the community construction team and Angkor was asked to contribute $200 towards steel components to help secure the structure. As a foreign company, Angkor provides encouragement and participation to the community as they identify and create their own solutions to community issues. This model continues to position Angkor in a trusted role.
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Figure 2 Local members of Tang Se community met with Angkor’s Community Development team for collaboration of bridge repairs and reinforcements.
As well, Angkor continues to support teaching of English in the rural communities. Because instruction takes place in the evening, and the communities requested lighting for students, several solar lamps were provided by Angkor, installed and continue to provide necessary illumination at primary points in the community in the evening.
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Figure 3 Evening classes at Tang Se Village, powered by solar lamps donated by Angkor.
ABOUT Angkor Resources CORPORATION:
Angkor Resources Corp. is a public company, listed on the TSX-Venture Exchange, and is a leading resource optimizer in Cambodia working towards mineral and energy solutions across Canada and Cambodia. ANGKOR’s carbon capture and gas conservation project in Saskatchewan, Canada is part of its long-term commitment to Environmental and Social projects and cleaner energy solutions across expanding jurisdictions. The company’s mineral subsidiary, Angkor Gold Corp. in Cambodia holds two mineral exploration licenses in Cambodia and its Cambodian energy subsidiary, EnerCam Resources, is advancing a 30-year Production Sharing Contract for onshore oil and gas development in the southwest quadrant of Cambodia called Block VIII. Since 2022, Angkor’s Canadian subsidiary, EnerCam Exploration Ltd., has been involved in gas/carbon capture and oil and gas production in Western Canada.
CONTACT: Delayne Weeks – CEO
Email: info@angkorresources.com Website: angkor resources.com
Telephone: +1 (780) 831-8722
Please follow @AngkorResources on , , , Instagram and .
Neither 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.
Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including, but not limited to the potential for gold and/or other minerals at any of the Company’s properties, the prospective nature of any claims comprising the Company’s property interests, the impact of general economic conditions, industry conditions, dependence upon regulatory approvals, uncertainty of sample results, timing and results o f future exploration, and the availability of financing. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.
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The US’ growing debt burden and rising borrowing costs are sharpening questions about the long-term credibility of the dollar, while simultaneously opening the door for cryptocurrencies to position themselves as alternatives for investors seeking protection from inflation.
A new report from Grayscale, the world’s largest digital asset investment platform, argues that macroeconomic imbalances in the US could drive increasing demand for crypto assets.
“Because of the large debt stock, rising interest rates, and a lack of other viable means for dealing with it, the US government’s commitment to control money supply growth and inflation may no longer be fully credible,” the firm said in its analysis.
Modern fiat currencies function only as long as people believe governments will preserve their value.
In practice, that means limiting money supply growth and keeping inflation low. Since the 1990s, delegating this responsibility to independent central banks has largely worked, anchoring expectations and fostering decades of relative stability.
But Grayscale notes that history is full of examples where governments have broken that trust, turning to the printing press to ease fiscal strain.
Today, the US finds itself in a precarious position: public debt has climbed to roughly 100 percent of gross domestic product, interest expenses are rising as bond yields climb, and Washington continues to run persistent deficits.
The report argues that the credibility gap is widening.
“If holders of US Dollar-denominated assets come to believe” that inflation will be tolerated as a tool for managing debt, Grayscale wrote, “they may seek out alternative stores of value.”
In most countries, inflation fears are local problems. In the case of the dollar, the stakes are far higher. The Federal Reserve estimates the US currency accounts for 60 to 70 percent of international use, compared with 20 to 25 percent for the euro and less than 5 percent for the Chinese renminbi.
That dominance means any loss of confidence in the dollar’s stability ripples across global finance. According to Grayscale, this is why risks tied to US debt are not the “most severe” compared to emerging markets but remain “the most important.”
The US fiscal picture deteriorated after the 2008 financial crisis and worsened during the pandemic. From 2007 to today, average annual deficits have swelled from 1 percent to about 6 percent of GDP, pushing total debt to nearly US$30 trillion.
Much of this was sustainable when interest rates were near zero. But the era of cheap borrowing has ended.
As debt is refinanced at higher rates, interest outlays absorb a larger share of federal spending, squeezing room for other priorities and raising the prospect of a “snowball effect” where debt grows faster than the economy.
This backdrop has fueled interest in alternative monetary assets that are insulated from political pressures.
Gold has long played that role, but Grayscale points to Bitcoin and Ethereum as digital equivalents with unique advantages.
“These cryptocurrencies have certain design features that can make them a refuge, when needed, from conventional fiat money,” the report said.
Bitcoin’s supply is capped at 21 million coins, its issuance schedule is transparent, and no institution can arbitrarily inflate it.
Ethereum, while more complex due to its broader ecosystem of applications, also shares the qualities of decentralization and predictable supply controls.
In Grayscale’s view, these traits matter most when confidence in fiat currencies erodes. “The utility of these assets comes from what they do not do. Most importantly, they will not increase in supply because a government needs to service its debt.”
Despite this, Grayscale does not argue that crypto’s rise is inevitable. A credible restoration of US fiscal discipline and central bank independence could limit the appeal of alternative assets.
Feasible measures, according to the report, might include stabilizing and reducing the debt-to-GDP ratio, reaffirming the Fed’s inflation target, and resisting political pressure on monetary policy.
History itself can serve as a roadmap for this. Gold soared in the 1970s when inflation ran high and institutional credibility faltered, but lost ground in the 1980s and 1990s as the Fed restored trust and inflation fell. A similar trajectory could shape crypto’s role.
For now, the macro picture points in the opposite direction. With deficits entrenched and debt swelling, investors face a world where the dollar’s long-term credibility is in question.
In such an environment, Grayscale argues, crypto assets can serve as a crucial alternative.
“As long as those risks are getting larger, the value of assets that can provide a hedge against that outcome arguably should be going higher,” the report concluded.
Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.
A Nevada lithium project central to US efforts to secure domestic mineral supply is leaning on a half-century-old satellite program for modern answers.
The Geological Survey’s Landsat program, managed with NASA, has provided continuous Earth observations since 1972. Its freely available images allow scientists and industry leaders to measure landscape changes with precision.
In northern Nevada, those insights are proving crucial as Lithium Americas works to advance Thacker Pass in a way that meets strict environmental and land-use standards.
“Landsat imagery is valuable for critical minerals project development because it provides consistent, long-term data that document land use changes and geological features, assess environmental receptors and support planning decisions,” said Alexi Zawadzki, president of North American operations for Lithium Americas (NYSE:LAC), in a USGS report.
When planning began, Landsat data revealed that the original mine site overlapped with important sage-grouse habitat.
Although the bird is not a protected species, its sharp population decline since the 1960s has made it an indicator of ecosystem health in Nevada’s rangelands. The finding prompted developers to shift the project six miles south, away from prime territory.
Water use is another critical challenge faced by the project. Landsat data has been paired with field checks to estimate groundwater levels, using differences in vegetation to infer depth.
With this data, the Thacker Pass project aims to recycle processed water up to seven times and to operate as a “zero liquid discharge facility.”
Unlike traditional lithium brine operations, the project will extract lithium from clay deposits. Tailings will be stored in dry facilities and later reused for reclamation work.
Lithium Americas estimates construction of Thacker Pass could generate more than US$700 million annually and support 1,800 jobs. Once operational, economic activity linked to the mine could average US$2.1 billion per year, according to a University of Nevada, Reno study.
Lithium is a cornerstone of batteries that power smartphones, laptops, and electric vehicles. The US ranks third globally in known lithium resources but remains dependent on imports.
Due to the resource’ growing importance, developing domestic supply has become a matter of both industrial policy and national security.
Landsat’s value, is hardly confined to mining. A 2023 economic analysis placed its annual contributions to US industries at US$25.6 billion, spanning everything from gold exploration to reduced insurance costs for farmers.
For Thacker Pass, the test will come as mining gets underway. But for now, the view from space has already reshaped how the project is planned and envisioned moving forward.
By applying Landsat data, planners hope to show that resource extraction and environmental stewardship can advance together.
Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.