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European Commission President Ursula von der Leyen survived a no-confidence vote in the European Parliament on Thursday, brought by mainly far-right lawmakers who alleged she and her team undermined trust in the EU through unlawful actions.

As expected, the motion failed to get the two-thirds majority it needed to pass. Only 175 members of parliament backed the motion, while 360 voted against and 18 abstained.

Romanian nationalist Gheorghe Piperea, the lead sponsor of the motion, had criticized among other things the Commission’s refusal to disclose text messages between von der Leyen and the chief executive of vaccine maker Pfizer during the COVID-19 pandemic.

“The decision-making has become opaque and discretionary, and raises fears of abuse and corruption. The cost of obsessive bureaucracy of the European Union such as (tackling) climate change has been a huge one,” Piperea told the parliament on Monday.

During the debate on her leadership, von der Leyen defended her record in parliament, rejecting criticism of her management of the pandemic and asserting that her approach ensured equal vaccine access across the EU.

Although the censure motion had little chance of success, it was a political headache for von der Leyen as her Commission negotiates with US President Donald Trump’s administration to try to prevent steep US tariffs on EU goods.

It was the first time since 2014 that a Commission president has faced such a motion. Then President Jean-Claude Juncker also survived the vote.

This post appeared first on cnn.com

The words “Get out of Mexico” are still visible on one shop window as protestors violently kicked in the glass pane. In another clip, “Kill a gringo” is spray-painted on a wall in Mexico City as demonstrators carried placards demanding western foreigners “stop stealing our home.”

These were some of the striking scenes at a mass protest last week against gentrification and the rising cost of living in the Mexican capital city, which some have blamed on an influx of foreigners from the United States and Europe.

While the demonstration was largely peaceful and reflected growing anger about inequality in the Mexican capital, those who vandalized stores in the city’s wealthier neighborhoods and used anti-immigration language were criticized by Mexican President Claudia Sheinbaum as being xenophobic.

“No to discrimination, no to racism, no to classism, no to xenophobia, no to machismo, no to discrimination. All human beings, men and women, are equal, and we cannot treat anyone as less,” Sheinbaum said at a Monday press conference.

The US Department of Homeland Security, which has been carrying out an immigration crackdown in the US, reacted to Friday’s protests with an ironic post on X: “If you are in the United States illegally and wish to join the next protest in Mexico City, use the CBP Home app to facilitate your departure.”

The rallies in Mexico City mirror protests that have erupted in cities like Barcelona and Paris against skyrocketing costs, which have been blamed on overtourism, short-term home rentals, and an influx of people and businesses with higher purchasing power.

Frente Anti Gentrificación Mx, one of several groups that helped organize the protest on Friday, compared gentrification on its social media to a new form of colonization in which “the state, institutions, and companies, both foreign and local, provide differential treatment to those with greater purchasing power.”

Anti-gentrification activists say thousands of people in the Mexican capital have been forced out of their homes in recent years as tourists and remote workers, many of whom are believed to be American, take over popular neighborhoods like Roma and Condesa.

But a spokesperson for Frente Anti Gentrificación Mx pushed back against Sheinbaum’s suggestion that their campaign was xenophobic, saying the demonstration was meant to highlight the plight of those priced out of their homes and to demand reforms from the government.

“In Mexico, housing costs have risen 286% since 2005 … while real wages have decreased by 33%,” said Morales, citing data from the National Institute of Statistics and Geography and the Federal Mortgage Society.

She acknowledged that many people have been moving to Mexico for a variety of reasons, from the appeal of its culture to the relative affordability of its houses. At the same time, she urged potential newcomers to consider how such a move could affect the local community.

Not a new phenomenon

Immigration is not the sole cause of Mexico City’s gentrification, which is a phenomenon that has happened for decades, say experts.

“In the debates, there’s a confusion about gentrification being when foreigners arrive. And that’s not true,” activist and lawyer Carla Escoffié said, noting that other causes include inequality, deficiencies in housing policy and land privatization.

“Not all foreigners gentrify, nor are only those who gentrify foreigners, nor is a significant migration process necessary for gentrification to occur. Gentrification is based on inequalities in such a way that it’s not the same thing,” she added.

But the arrival of short-term rentals like Airbnb, and remote work policies during the pandemic, have turbo-charged the gentrification debate in recent years.

“Since 2020, a new phase of gentrification has begun, one that has worsened,” said Escoffié. “It’s been driven by digital nomads and short-term rental platforms like Airbnb.”

Airbnb defended its activities in Mexico City on Tuesday, saying it helped generate more than $1 billion in the local economy last year, and arguing that guests who booked accommodations also spent money on shops and services in the capital.

Mexico City’s government signed an agreement with Airbnb and UNESCO in 2022 to promote the capital as “a global hub for digital nomads and creative tourism.” Sheinbaum, who was the mayor of Mexico City at the time, presented the initiative as a way to boost the local economy.

The appeal was especially attractive for US citizens, who can stay in Mexico without a tourist visa for less than six months before requiring a special temporary residency permit, according to experts. In 2022, 122,758 temporary residency permits were granted to foreigners for Mexico, according to the National Institute of Migration, up from 97,825 in 2019.

But for many residents, the Mexico City initiative was another sign of the displacement happening around them.

A global trend

Anger about gentrification is not unique to Mexico City. Local governments from tourist destinations in Europe, such as Spain’s Canary Islands, Lisbon and Berlin, have announced restrictions on short-term rentals in the past decade.

Barcelona’s leftist mayor, Jaume Collboni, said that by November 2028, the government will scrap the licenses of the 10,101 apartments currently approved as short-term rentals in the popular tourist destination.

Residents in the Catalan capital have documented how renting by the day is more profitable for landlords than renting by the month, which has triggered evictions and the transformation of homes into short-term tourist accommodations.

In Mexico City, Airbnb has over 26,500 listings, according to the rental platform, many of which are concentrated in the areas most affected by gentrification. These listings are concentrated in the central neighborhoods of Condesa, Roma, Juárez and Polanco, according to Inside Airbnb, a project that provides data about Airbnb’s impact on residential communities.

In response to mounting criticism and the protests of 2022, the local government introduced new regulations, but experts argue they fall far short.

Airbnb, meanwhile, says the city needs regulations that support home sharing, not prohibition. It argues that many people in Mexico City rely on the platform as a financial lifeline, with 53% of its hosts saying the service helped them stay in their homes and 74% of hosts saying it helped cover essential expenses.

Activists are now bracing for when Mexico opens its doors to soccer fans for the next World Cup in 2026, which Morales fears could result in the state prioritizing business dealings over residents. “Given the critical state we’re in, who would come up with this?” she asked.

This post appeared first on cnn.com

Health and Human Services Secretary Robert F. Kennedy Jr., got into a heated debate with Sen. Ron Wyden, D-Or., during a hearing on Thursday.

The exchange came as Kennedy was testifying before the Senate Finance Committee. Wyden accused Kennedy of putting children into ‘harm’s way’ with his policies and argued Kennedy has shown no regrets about doing so.

‘This is about kids being pushed into harm’s way by reckless and repeated decisions to get scientists and doctors out of the way and allow conspiracy theories to dictate this country’s health policy,’ Wyden said at the end of his questioning. 

‘I don’t see any evidence that you have any regrets about anything you’ve done or plans to change it. And my last comment is, I hope that you will tell the American people how many preventable child deaths are an acceptable sacrifice for enacting an agenda that I think is fundamentally cruel and defies common sense. Thank you, Mr. Chairman,’ Wyden said.

‘Do I get a reply?’ Kennedy said. ‘Senator you’ve sat in that chair how long? 20-25 years while the chronic disease of our children went up to 76%. And you said nothing.’

‘You never asked the question why it’s happening. Why is this happening? Today, for the first time in 20 years, we’ve learned that infant mortality has increased in our country. It’s not because I came in here. It’s because of what happened during the Biden administration that we’re going to end,’ he continued.

Committee Chairman Mike Crapo, R-Idaho, then intervened, granting Wyden another chance to speak briefly, though his microphone remains turned off.

‘We’re going to proceed,’ Crapo says. ‘I gave Senator Wyden as ranking member some leeway there, but we’re gonna stick to the five minutes.’

Kennedy’s testimony came one day after over 1,000 current and former HHS employees signed a letter calling for his resignation on Wednesday. Sen. Bernie Sanders, I-Ver., also called for his resignation.

Kennedy’s critics point to his firing of former Center for Disease Control and Prevention (CDC) director Susan Monarez.

‘We believe health policy should be based in strong, evidence-based principles rather than partisan politics. But under Secretary Kennedy’s leadership, HHS policies are placing the health of all Americans at risk, regardless of their politics,’ the Wednesday letter read.

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First lady Melania Trump is hosting an artificial intelligence meeting with top industry leaders, including Google CEO Sundar Pichai, Thursday, as she stresses the importance of managing AI’s growth ‘responsibly.’ 

The White House Task Force on Artificial Intelligence Education will meet for the second time in the East Room of the White House Thursday afternoon. The first lady will host the meeting alongside members of the task force and private sector leaders.

‘I predict AI will represent the single largest growth category in our nation during the Trump Administration — and I won’t be surprised if AI becomes known as the greatest engine of progress in the history of the United States of America,’ the first lady said.

But the first lady warned that ‘as leaders and parents we must manage AI’s growth responsibly.’

‘During this primitive stage, it is our duty to treat AI as we would our own children — empowering, but with watchful guidance,’ the first lady said. ‘We are living in a moment of wonder, and it is our responsibility to prepare America’s children.’

The meeting is expected to feature remarks by the first lady and task force members, along with private sector leaders who have pledged to support AI education across the nation.

Google’s CEO Sundar Pichai, Code.org President Cameron Wilson and CEO and Chairman of IBM Arvind Krishna will attend the Thursday meeting. 

Members of the task force include director of the White House Office of Science and Technology Policy Michael Kratsios; Agriculture Secretary Brooke Rollins; Education Secretary Linda McMahon; Energy Secretary Chris Wright; Labor Secretary Lori Chavez-DeRemer; and White House Special Advisor for AI and crypto czar David Sacks.

Hayley Harrison, an assistant to the president and chief of staff to the first lady also will attend, along with assistant to the president and deputy national security adviser Robert Gabriel Jr. and assistant to the president for domestic policy Vince Haley.

The meeting is expected to take place hours before President Donald Trump hosts a dinner in the White House Rose Garden for nearly two-dozen Big Tech leaders, including Meta CEO Mark Zuckerberg, Apple CEO Tim Cook, Microsoft founder Bill Gates and OpenAI founder Sam Altman.

Meanwhile, the first lady has been a champion of online protection of children and youth through her ‘Be Best’ initiative launched during the first Trump administration.

In 2025, the first lady garnered support on Capitol Hill for the passage of the Take it Down Act, which was signed into law by the president on May 19. The law punishes internet abuse involving nonconsensual, explicit imagery.

The meeting also comes after the first lady, in August, launched a nationwide Presidential Artificial Intelligence Challenge, which invited every student and educator across the nation to ‘unleash their imagination and showcase the spirit of American innovation’ by visiting AI.gov to sign up.

The first lady also recently launched an audiobook of her memoir, using AI audio technology in multiple languages.

The first lady told Fox News Digital that her partners developed ‘an AI-generated replica of my voice under strict supervision, which will establish an unforgettable connection with my personal story, in multiple languages for listeners worldwide.’

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Health and Human Services (HHS) Secretary Robert F. Kennedy Jr. accused his former head of the Centers for Disease Control and Prevention (CDC) of lying about vaccine recommendations.

Kennedy appeared before the Senate Finance Committee on Thursday for a hearing focused on President Donald Trump’s healthcare agenda, dubbed Make America Healthy Again (MAHA) on the campaign trail last year.

But the recent turmoil at the CDC caused by the firing of former CDC Director Susan Monarez and the exodus of several senior officials, along with Kennedy’s view on vaccines, became a focal point for both Senate Republicans and Democrats on the panel.

During a fiery exchange at the start of the hearing between Kennedy and Sen. Ron Wyden, the top Democrat on the Senate Finance Committee, Kennedy accused Monarez of lying in a recent Wall Street Journal opinion piece.

Monarez was fired less than a month after being confirmed by the Senate and charged in her op-ed that during a meeting with the secretary last month, she was pressured to resign or be fired after being ordered to ‘pre-approve the recommendations of a vaccine advisory panel newly filled with people who have publicly expressed anti-vaccine rhetoric.’

Wyden questioned whether Kennedy did tell Monarez to ‘just go along with vaccine recommendations even if she didn’t think such recommendations aligned with scientific evidence?’

‘Yes or no? You have an opportunity to call her a liar. If you say that you didn’t, do it,’ the Oregon Democrat said. ‘But I’d like to see you respond to this.’

‘No,’ Kennedy said. ‘No, I did not say that to her. And I never had a private meeting with her.’

Kennedy argued earlier in the hearing that the reason he fired Monarez, along with the entirety of the CDC’s vaccine recommendation panel to restore the CDC to the ‘gold standard’ of healthcare.

‘America is home to 4.2% of the world’s population. Yet we had nearly 20% COVID deaths. We literally did worse than any country in the world. And the people at the CDC who oversaw that process, who put masks on our children, who closed our schools, are the people who will be leaving,’ Kennedy said. ‘And that’s why we need bold, competent and creative new leadership at CDC.’

‘People are able and willing to chart a new course,’ he continued. ‘As my father once said, ‘Progress is a nice word, [but] change [is a] motivator. And change has its enemies.’ That’s why we need new blood at CDC.’

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The U.S. Labor Department is planning to partner up with allies like South Korea and Japan to train U.S. workers to become shipbuilders under President Donald Trump’s push to revitalize the industry. 

While China is massively outpacing the U.S. when it comes to shipbuilding, the Labor Department will announce an $8 million funding availability Thursday for an international fellowship program that will pair up U.S. institutions with foreign counterparts to remedy this disparity. 

The four-year proposed project will team up U.S. training centers, registered apprenticeship programs and education institutions like community colleges with foreign training centers, and shipyards in Canada, Finland, Italy, Japan, South Korea and other countries to provide U.S. workers with advanced shipbuilding skills, according to the Labor Department. 

The fellowship, led by the Labor Department’s Bureau of International Labor Affairs, will prioritize training for boilermakers, industrial electricians, steelworkers, steamfitters, shipwrights and welders.

Likewise, the funding will also go toward creating a specialized, internationally recognized trade curriculum aimed at fostering more advanced training in the U.S. The initiative seeks to garner knowledge from allies and distribute it more widely among workers within the U.S. to expand shipbuilding trade skills domestically. 

‘Working closely with our allies will advance the Department of Labor’s mission to create effective shipbuilding apprenticeship programs right here in the United States,’ Secretary of Labor Lori Chavez-DeRemer said in a statement to Fox News Digital. ‘President Trump is restoring America’s maritime dominance by preparing our workforce to outcompete China and strengthen our national security.’

The U.S. is severely behind near-peer competitors like China when it comes to shipbuilding — and allies like South Korea and Japan. 

China is responsible for more than 50% of global shipbuilding, while South Korea is responsible for nearly 29% and Japan 13%, according to the Center for Strategic and International Studies. That’s compared to just 0.1% from the U.S. 

‘The erosion of U.S. and allied shipbuilding capabilities poses an urgent threat to military readiness, reduces economic opportunities, and contributes to China’s global power-projection ambitions,’ the Center for Strategic and International Studies said in a March report. 

But Trump has directed his attention to the industry, and told lawmakers in March that he would ‘resurrect’ both commercial and military shipbuilding. Additionally, Trump signed an executive order in April aimed at reinvigorating the U.S. shipbuilding sector. 

Specifically, the executive order called for assessments regarding how the government could bolster financial support through the Defense Production Act, the Department of Defense Office of Strategic Capital, a new Maritime Security Trust Fund, investment from shipbuilders from allied countries and other grant programs.

It also instructed agencies to develop a maritime action plan and ordered the U.S. trade representative to compile a list of recommendations to address China’s ‘anticompetitive actions within the shipbuilding industry.’ 

The new fellowship program stems from Trump’s executive order, according to the Labor Department. 

Those eligible to apply for the funding opportunity include any commercial, international, educational or nonprofit organization, which includes faith-based, community-based or public international groups.

The application deadline is Sept. 26. 

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A pair of congressional Republicans is determined to keep the government open and willing to force their colleagues to stay in Washington, D.C., to get it done.

Sen. James Lankford, R-Okla., and Rep. Jodey Arrington, R-Texas, plan to introduce legislation that would keep lawmakers in town until a short-term government funding extension, known as a continuing resolution (CR), or spending bills are passed to avert a partial government shutdown.

Congress still does not have a plan in place to ward off a shutdown by the Sept. 30 deadline, and both sides of the aisle have already started the annual blame game as to which party would own the partial closure.

So far, the Senate has advanced a trio of spending bills, while the House has passed only two — although lawmakers in the lower chamber were gearing up to advance the Energy and Water appropriations bill on Thursday.

Lankford said in a statement to Fox News Digital that as the nation’s debt creeps beyond $37 trillion, ‘Congress cannot keep avoiding the hard choices to fix it.’

‘Shutting down the government does not fix the debt problem, it just makes it worse,’ he said. ‘The best way to finish negotiating the hard issue is to keep Congress in Washington until the budget is finished. That puts the pressure on lawmakers, not on families and important services.’

If Congress fails to get a deal in place to keep the government open, the duo’s bill would trigger an automatic CR ‘on rolling 14-day periods’ that would stay in place until lawmakers either pass all 12 appropriations bills or strike a deal on a stopgap bill.

The bill would also force Congress, their staff and members of the Office of Management and Budget (OMB) to stay in D.C. until the job is done.

It would require that no motions to adjourn or recess could be made for longer than 23 hours, mandatory quorum calls each day to ensure attendance, and no other legislation would be allowed to be considered until a CR or spending bills were passed.

‘In the real world, if you fail to do your job, there are consequences,’ Arrington said in a statement to Fox News Digital. ‘Yet, when Congress fails to pass appropriations on time, the burden falls squarely on hardworking Americans — taxpayers, seniors, and our men and women in uniform.’

Meanwhile, appropriators in the House and Senate are working to find a path forward on a deal.

Senate Majority Leader John Thune, R-S.D., said he hoped the CR would originate in the House, based off negotiations between House Appropriations Chair Tom Cole, R-Okla., and Senate Appropriations Chair Susan Collins, R-Maine.

‘My hope would be that whatever that CR looks like, it’s clean, and that it enables us to buy some time to get a regular appropriations process done,’ he said.

But the White House’s move last week to cancel $4.9 billion in foreign aid funding through a ‘pocket rescission’ has some Republicans worried that it could jeopardize the bipartisan nature of the appropriations process in the Senate, where Democrats will be needed to keep the government open.

So far, it appears that Senate Democrats aren’t ready to totally buck their Republican counterparts, but are demanding that they be involved in negotiations to craft a CR.

‘If House Republicans, however, go a different route and try and jam through a partisan CR without any input from Democratic members of Congress, and they suddenly find they don’t have the votes they need from our caucus to fund the government, well, then that is a Republican shutdown,’ said Sen. Patty Murray, of Washington., top-ranking Democrat on the Senate Appropriations Committee.

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Osisko Metals Incorporated (the ‘ Company or ‘ Osisko Metals ‘) ( TSX: OM,OTC:OMZNF ; OTCQX: OMZNF ; FRANKFURT: 0B51 ) is pleased to announce new drill results from the Gaspé Copper Project, located in the Gaspé Peninsula of Eastern Québec.

Osisko Metals Chief Executive Officer Robert Wares commented: ‘ Drill hole 30-1097 produced our longest intersection so far, returning 1117 metres of continuous mineralization from the top of Copper Mountain, located in the heart of the deposit. With 10 drills on site, we have completed over 65,000 metres of the drill program to date, and will continue the current program of infill and expansion drilling until December. The updated MRE is well on track to be released in Q1 2026.

New analytical results are presented below (see Table 1), including 19 mineralized intercepts from 6 new drill holes. Infill intercepts are located inside the 2024 MRE model ( see November 14, 2024 news release ), and are focused on upgrading inferred mineral resources to measured or indicated categories, as applicable. Expansion intercepts are located outside the 2024 MRE model and may potentially lead to additional resources that will be classified appropriately within the next MRE update. Some of the reported intercepts have contiguous shallower infill as well as deeper expansion (noted on Table 1 below as ‘Both’). Maps showing hole locations are available at www.osiskometals.com .

Highlights:

  • Drill hole 30-1097
    • 1117.5 metres averaging 0.25% Cu (infill and expansion)
  • Drill hole 30-1100
    • 228.5 metres averaging 0.25% Cu (infill and expansion)
  • Drill hole 30-1101
    • 148.5 metres averaging 0.32% Cu (infill)
  • Drill hole 30-1104
    • 792.0 metres averaging 0.20% Cu (infill and expansion)
  • Drill hole 30-1105
    • 110.5 metres averaging 0.20% Cu (infill)
    • 288.0 metres averaging 0.19% Cu (expansion)

Table 1: Infill and Expansion Drilling Results

DDH No. From (m) To (m) Length (m) Cu % Ag g/t Mo % CuEq* Type**
30-1097 87.0 1204.5 1117.5 0.25 1.81 0.022 0.35 Both
(including) 87.0 778.5 691.5 0.24 2.05 0.019 0.33 Infill
(including) 778.5 1204.5 426.0 0.27 1.42 0.028 0.38 Expansion
30-1100 81.0 119.0 38.0 0.15 1.11 0.16 Infill
And 137.0 180.0 43.0 0.25 1.64 0.013 0.31 Infill
And 322.5 551.0 228.5 0.25 1.61 0.013 0.31 Both
And 677.8 805.0 127.2 0.15 0.82 0.012 0.20 Expansion
And 862.8 974.5 111.7 0.17 1.24 0.010 0.22 Expansion
30-1101 58.0 111.0 53.0 0.24 5.21 0.27 Infill
And 156.0 304.5 148.5 0.32 2.52 0.34 Infill
And 493.5 521.2 27.7 0.36 1.85 0.37 Expansion
30-1102 516.0 567.0 51.0 0.36 3.62 0.38 Expansion
And 781.5 858.0 76.5 0.03 0.19 0.077 0.32 Expansion
And 880.5 930.0 49.5 0.46 2.81 0.48 Expansion
30-1104 4.5 32.0 27.5 0.12 0.48 0.12 Infill
And 54.0 85.0 31.0 0.14 0.66 0.14 Infill
And 177.0 969.0 792.0 0.20 1.33 0.015 0.26 Both
(including) 177.0 567.5 390.5 0.18 1.49 0.013 0.23 Infill
(including) 567.5 969.0 401.5 0.22 1.17 0.017 0.29 Expansion
30-1105 16.0 79.0 63.0 0.19 1.94 0.20 Infill
And 122.0 232.5 110.5 0.20 1.30 0.21 Infill
And 261.8 355.5 93.7 0.25 1.72 0.009 0.30 Both
And 378.0 666.0 288.0 0.19 2.03 0.012 0.25 Expansion

* See explanatory notes below on copper equivalent values and Quality Assurance/Quality Controls.
** ‘Both’ indicates drill holes that have contiguous shallower infill as well as deeper expansion intercepts.

Discussion

Drill hole 30-1097, located on top of Copper Mountain near the central part of the 2024 MRE model, intersected 1117.5 metres averaging 0.25% Cu, 0.022% Mo, and 1.81 g/t Ag that included expansion at depth of 426.0 metres averaging 0.27% Cu, 0.028% Mo, and 1.42 g/t Ag. This hole extends mineralization near the centre of the deposit to a vertical depth of 1,204 metres.

Drill hole 30-1100, near the southwestern margin of the 2024 MRE model, intersected five separate mineralized intervals, including 228.5 metres averaging 0.25% Cu, 0.013% Mo, and 1.61 g/t Ag (infill and expansion). This was followed by 127.2 metres averaging 0.15% Cu, 0.012% Mo, and 0.82 g/t Ag and then by another 111.7 metres averaging 0.17% Cu, 0.010% Mo, and 1.24 g/t Ag (both expansion), extending mineralization to a vertical depth of 975 metres.

Drill holes 30-1101 and 30-1102, both located near the eastern margin of the 2024 MRE model, intersected several, relatively short mineralized intervals that were 27 to 76 metres long, with the exception of one 148.5 metre interval (30-1101) that averaged 0.32% Cu and 2.52 g/t Ag (infill). These holes, along with several other previously reported holes, confirm the currently defined eastern margin of the 2024 MRE model.

Drill hole 30-1104, located near the west-central portion of the 2024 MRE model, intersected two short (28 and 31 metres) intervals followed by 792.0 metres averaging 0.20% Cu, 0.015% Mo and 1.33 g/t Ag that included expansion at depth of 401.5 metres averaging 0.22% Cu, 0.017% Mo, and 1.17 g/t Ag. This hole extends mineralization in this area to a vertical depth of 969 metres.

Drill hole 30-1105, located in the southwestern portion of the 2024 MRE model, intersected 110.5 metres averaging 0.20% Cu and 1.30 g/t Ag (infill), followed by 93.7 metres averaging 0.25% Cu and 1.72 g/t Ag (infill and expansion), followed by a third intersection of 288.0 metre averaging 0.19% Cu, 0.012% Mo, and 2.03 g/t Ag (expansion), extending mineralization to a vertical depth of 666 metres.

Mineralization at Gaspé Copper is of porphyry copper/skarn type and occurs as disseminations and stockworks of chalcopyrite with pyrite or pyrrhotite and minor bornite and molybdenite. At least five retrograde vein/stockwork mineralizing events have been recognized at Copper Mountain, which overprint earlier prograde skarn and porcellanite-hosted mineralization throughout the Gaspé Copper system. Porcellanite is a historical mining term used to describe bleached, pale green to white potassic-altered hornfels. Subvertical stockwork mineralization dominates at Copper Mountain whereas prograde bedding-replacement mineralization, that is mostly stratigraphically controlled, dominates in the area of Needle Mountain, Needle East, and Copper Brook. High molybdenum grades (up to 0.5% Mo) were locally obtained in both the C Zone and E Zone skarns away from Copper Mountain.

The 2022 to 2024 Osisko Metals drill programs were focused on defining open-pit resources within the Copper Mountain stockwork mineralization ( see May 6, 2024 MRE press release ). Extending the resource model south of Copper Mountain into the poorly-drilled prograde skarn/porcellanite portion of the system subsequently led to a significantly increased resource, mostly in the Inferred category ( see November 14, 2024 MRE press release ).

The current drill program is designed to convert the November 2024 MRE to Measured and Indicated categories, as well as test the expansion of the system deeper into the stratigraphy and laterally to the south and southwest towards Needle East and Needle Mountain respectively. The November 2024 MRE was limited at depth to the base of the L1 skarn horizon (C Zone), and all mineralized intersections below this horizon represent potential depth extensions to the deposit, to be included in the next scheduled MRE update in Q1 2026.

All holes are being drilled sub-vertically into the altered calcareous stratigraphy which dips 20 to 25 degrees to the north. The L1 (C Zone) the L2 (E Zone) skarn/marble horizons were intersected in most holes, as well as intervening porcellanites that host the bulk of the disseminated copper mineralization.

Table 2: Drill hole locations

DDH No. Azimuth (°) Dip (°) Length (m) UTM E UTM N Elevation
30-1097 0.00 -90.00 1224.0 316150.0 5426416.0 742.3
30-1100 0.00 -90.00 987.0 315825.0 5426193.0 619.4
30-1101 0.00 -90.00 592.0 316612.0 5425837.0 593.3
30-1102 0.00 -90.00 930.0 316595.0 5426284.1 603.7
30-1104 0.00 -90.00 999.0 315700.0 5426358.0 592.1
30-1105 0.00 -90.00 819.0 316104.0 5425877.0 586.9


Explanatory note regarding copper-equivalent grades

Copper Equivalent grades are expressed for purposes of simplicity and are calculated taking into account: 1) metal grades; 2) estimated long-term prices of metals: US$4.25/lb copper, $20.00/lb molybdenum, and US$24/oz silver; 3) estimated recoveries of 92%, 70%, and 70% for Cu, Mo, and Ag respectively; and 4) net smelter return value of metals as percentage of the price, estimated at 86.5%, 90.7%, and 75.0% for Cu, Mo, and Ag respectively.

Qualified Person

The scientific and technical content of this news release has been reviewed and approved by Mr. Bernard-Olivier Martel, P. Geo. (OGQ 492), an independent ‘qualified person’ as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects (‘NI 43-101’).

Quality Assurance / Quality Control

Mineralized intervals reported herein are calculated using an average 0.12% CuEq lower cut-off over contiguous 20-metre intersections (shorter intervals as the case may be at the upper and lower limits of reported intervals). Intervals of 20 metres or less are not reported unless indicating significantly higher grades .   True widths are estimated at 90 – 92% of the reported core length intervals.

Osisko Metals adheres to a strict QA/QC program for core handling, sampling, sample transportation and analyses, including insertion of blanks and standards in the sample stream. Drill core is drilled in HQ or NQ diameter and securely transported to its core processing facility on site, where it is logged, cut and sampled. Samples selected for assay are sealed and shipped to ALS Canada Ltd.’s preparation facility in Sudbury. Sample preparation details (code PREP-31DH) are available on the ALS Canada website. Pulps are analyzed at the ALS Canada Ltd. facility in North Vancouver, BC. All samples are analyzed by four acid digestion followed by both ICP-AES and ICP-MS for Cu, Mo and Ag.

About Osisko Metals

Osisko Metals Incorporated is a Canadian exploration and development company creating value in the critical metals sector, with a focus on copper and zinc. The Company acquired a 100% interest in the past-producing Gaspé Copper mine from Glencore Canada Corporation in July 2023. The Gaspé Copper mine is located near Murdochville in Québec s Gaspé Peninsula. The Company is currently focused on resource expansion of the Gaspé Copper system, with current Indicated Mineral Resources of 824 Mt averaging 0.34% CuEq and Inferred Mineral Resources of 670 Mt averaging 0.38% CuEq (in compliance with NI 43-101). For more information, see Osisko Metals’ November 14, 2024 news release entitled ‘Osisko Metals Announces Significant Increase in Mineral Resource at Gaspé Copper’. Gaspé Copper hosts the largest undeveloped copper resource in eastern North America, strategically located near existing infrastructure in the mining-friendly province of Québec.

In addition to the Gaspé Copper project, the Company is working with Appian Capital Advisory LLP through the Pine Point Mining Limited joint venture to advance one of Canada s largest past-producing zinc mining camps, the Pine Point project, located in the Northwest Territories. The current mineral resource estimate for the Pine Point project consists of Indicated Mineral Resources of 49.5 Mt averaging 5.52% ZnEq and Inferred Mineral Resources of 8.3 Mt averaging 5.64% ZnEq (in compliance with NI 43-101). For more information, see Osisko Metals June 25, 2024 news release entitled ‘Osisko Metals releases Pine Point mineral resource estimate: 49.5 million tonnes of indicated resources at 5.52% ZnEq’. The Pine Point project is located on the south shore of Great Slave Lake, NWT, close to infrastructure, with paved road access, an electrical substation and 100 kilometres of viable haul roads.

For further information on this news release, visit www.osiskometals.com or contact:

Don Njegovan, President
Email: info@osiskometals.com
Phone: (416) 500-4129

Cautionary Statement on Forward-Looking Information

This news release contains ‘forward-looking information’ within the meaning of applicable Canadian securities legislation based on expectations, estimates and projections as at the date of this news release. Any statement that involves predictions, expectations, interpretations, beliefs, plans, projections, objectives, assumptions, future events or performance (often, but not always, using phrases such as ‘expects’, or ‘does not expect’, ‘is expected’, ‘interpreted’, ‘management’s view’, ‘anticipates’ or ‘does not anticipate’, ‘plans’, ‘budget’, ‘scheduled’, ‘forecasts’, ‘estimates’, ‘potential’, ‘feasibility’, ‘believes’ or ‘intends’ or variations of such words and phrases or stating that certain actions, events or results ‘may’ or ‘could’, ‘would’, ‘might’ or ‘will’ be taken, occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information. This news release contains forward-looking information pertaining to, among other things: the tax treatment of the FT Units; the timing of incurring the Qualifying Expenditures and the renunciation of the Qualifying Expenditures; the ability to advance Gaspé Copper to a construction decision (if at all); the ability to increase the Company’s trading liquidity and enhance its capital markets presence; the potential re-rating of the Company; the ability for the Company to unlock the full potential of its assets and achieve success; the ability for the Company to create value for its shareholders; the advancement of the Pine Point project; the anticipated resource expansion of the Gaspé Copper system and Gaspé Copper hosting the largest undeveloped copper resource in eastern North America.

Forward-looking information is not a guarantee of future performance and is based upon a number of estimates and assumptions of management, in light of management’s experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances, including, without limitation, assumptions about: the ability of exploration results, including drilling, to accurately predict mineralization; errors in geological modelling; insufficient data; equity and debt capital markets; future spot prices of copper and zinc; the timing and results of exploration and drilling programs; the accuracy of mineral resource estimates; production costs; political and regulatory stability; the receipt of governmental and third party approvals; licenses and permits being received on favourable terms; sustained labour stability; stability in financial and capital markets; availability of mining equipment and positive relations with local communities and groups. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Factors that could cause actual results to differ materially from such forward-looking information are set out in the Company’s public disclosure record on SEDAR+ (www.sedarplus.ca) under Osisko Metals’ issuer profile. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward- looking information, whether as a result of new information, future events or otherwise, other than as required by law.

Neither the TSX Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Exchange) accept responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission, or other regulatory authority has approved or disapproved the information contained herein.

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Samples up to 44.5 g/t Gold, 3,037 g/t Silver, and 8.56% Copper

Silver47 Exploration Corp. (TSXV: AGA,OTC:AAGAF) (OTCQB: AAGAF) (‘Silver47’ or the ‘Company’) is pleased to provide assay results from a recently completed rock sampling program at its high-grade Kennedy gold-silver Project in Nevada (the ‘Kennedy Project’). Results demonstrate strong prospectivity for high-grade gold and silver mineralization across the under-explored project.

Highlights:

  • High-Grade Assay Results: Select rock samples returned exceptional grades, including:
    • 21.9 g/t Au, 2,336 g/t Ag, 8.56% Cu (Borlasca Vein)
    • 6.2 g/t Au, 3,037 g/t Ag (Fourth of July Vein)
    • 40.4 g/t Au, 232 g/t Ag (Gold Note Vein)
    • 39.4 g/t Au, 370 g/t Ag (Cricket Vein)
    • 12.7 g/t Au, 305 g/t Ag (Accident Vein)
    • 15.9 g/t Au, 323 g/t Ag (Coyote Vein)
    • 19.5 g/t Au, 273 g/t Ag (Danneburg Vein)
    • 30.4 g/t Au, 148 g/t Ag (Imperial Vein)
    • 3.1 g/t Au, 583 g/t Ag (Trail/Senator Vein)
    • 44.5 g/t Au (Hidden Treasure Vein)
  • Expanded Land Holdings: Silver47 has staked substantial additional land around the mineralized vein system covering all prospective open ground around the Kennedy district, which is not shown on Figure 1.
  • Large High-Grade Vein Footprint: Sampling across a 3 km x 2 km area reveals widespread gold and silver mineralization, establishing the Kennedy Project as a high-potential precious metal district in Nevada.
  • Undrilled Nevada Vein Field: Approximately 22 km of near-surface veins, largely untouched by modern exploration, present a compelling opportunity for significant discoveries.
  • Robust Exploration Program Planned: A multidisciplinary program including geological mapping, rock chip sampling, ground geophysics, and soil-geochemical surveys is panned for this fall to pinpoint high-priority drill targets.
  • Red Mountain Project Drill Program Progress: 12 holes have been completed at the Dry Creek and West Tundra Flats deposits where zones of massive, semi-massive and disseminated sulfides have been intersected in step-out and infill holes. Assays are pending and drilling continues.

Galen McNamara, CEO, stated: ‘Our exploration at the Kennedy Project is revealing high-grade gold and silver targets across a 22 km network of largely untested veins. Having acquired this project by claim staking last year, it is also royalty free. These initial results validate our acquisition strategy and position the district as a unique discovery opportunity in Nevada. Concurrently, drilling at our Red Mountain project in Alaska is progressing well, with drilling intersecting promising massive sulfide zones. We look forward to sharing assay results as they become available to showcase the strength of our American project portfolio.’

Figure 1. Plan Map of Kennedy Project.

To view an enhanced version of this graphic, please visit:
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Figure 2 (see attached figure). Disseminated, banded and massive sulfide mineralization featuring pyrite, pyrrhotite, chalcopyrite, sphalerite and galena in hole DC25-110 from the Red Mountain, Alaska. Photo is not intended to be representative of broader mineralization.

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Table 1: Rock assay highlights

Sample ID Zone Au (g/t) Ag (g/t) Type Easting* Northing*
351902 Accident 12.7 305 dump 437216 4459227
722881 Accident 8.2 78 dump 437118 4459331
351903 Accident 0.9 107 dump 437215 4459255
722894 Borlasca 3.2 258 dump 436104 4457845
722891 Borlasca 5.3 68 outcrop 436211 4457910
722893 Borlasca 21.9 2,336 dump 436214 4457907
722896 Borlasca 6.3 107 dump 436272 4457827
J486215^ Borlasca 17.2 932 dump 436223 4457904
722875 Cricket 11.3 322 outcrop 437134 4459636
722872 Cricket 32.7 251 dump 437115 4459666
722871 Cricket 39.4 370 dump 437102 4459688
722870 Cricket 34.0 293 dump 437092 4459690
722869 Cricket 14.1 162 subcrop 437081 4459715
722873 Cricket 11.9 148 outcrop 437120 4459659
722868 Cricket 12.1 47 dump 437068 4459735
350137 Cricket 17.7 28 dump 437179 4459515
350134 Cricket 6.8 200 dump 437169 4459546
722878 Danneburg 3.8 326 dump 437281 4460597
350143 Danneburg 19.5 273 dump 437359 4460451
722876 Danneburg 3.1 116 dump 437391 4460431
350141 Danneburg 7.2 41 subcrop 437398 4460443
351908 Fourth of July 6.2 3,037 float 437186 4458978
351909 Fourth of July 9.6 2,360 dump 437176 4458993
722885 Fourth of July 2.6 575 dump 437091 4458997
722886 Fourth of July 11.0 239 dump 437121 4458989
351911 Fourth of July 4.6 315 outcrop 437203 4458947
722883 Fourth of July 4.1 211 dump 437122 4459101
351910 Fourth of July 1.9 454 subcrop 437155 4458999
E923275^ Gold Note 11.1 1,020 dump 435331 4458209
J486223^ Gold Note 20.1 114 dump 435391 4458114
350106 Gold Note 40.4 232 dump 435309 4458224
350101 Gold Note 10.9 724 dump 435319 4458213
350104 Gold Note 0.6 419 dump 435327 4458219
350102 Gold Note 5.0 122 dump 435322 4458215
J486240^ Gold Note 5.4 32 dump 435330 4458222
J486241^ Gold Note 8.4 8 float 435450 4458297
350122 Hidden Treasure 10.7 53 subcrop 435757 4458713
351914 Hidden Treasure 44.5 15 dump 435650 4458845
J486233^ Hidden Treasure 8.6 43 dump 435656 4458844
722889 Hidden Treasure 12.0 53 dump 435609 4458805
722890 Hidden Treasure 27.6 11 float 435668 4458776
722864 Imperial 30.4 148 dump 436355 4459530
350133 Imperial 3.3 226 dump 436325 4459715
350130 Imperial 11.1 32 dump 436346 4459567
722867 Imperial 16.8 17 dump 436324 4459657
722860 Imperial 7.0 80 dump 436655 4458931
722861 Imperial 8.4 34 dump 436655 4458930
350131 Imperial 5.9 5 subcrop 436334 4459596
350129 Imperial 8.6 77 dump 436347 4459351
J486238^ Regional 3.1 100 dump 435979 4457773
350121 Regional 5.7 21 subcrop 434848 4459187
E923273^ Trail/Senator 3.1 583 dump 436605 4458764
722855 Trail/Senator 8.6 133 dump 436603 4458763
350123 Trail/Senator 6.4 43 dump 436607 4458764
722854 Trail/Senator 8.5 78 dump 436605 4458762
722857 Trail/Senator 1.9 114 outcrop 436538 4458813
722859 Trail/Senator 1.6 134 outcrop 436512 4458842
350120 Coyote 2.9 759 float 435061 4458685
J486225 Coyote 16.0 64 dump 435227 4458717
350115 Coyote 2.9 103 subcrop 435201 4458738
350118 Coyote 1.7 107 float 435062 4458678
E923276^ Coyote 15.9 323 subcrop 435052 4458607
350116 Coyote 10.9 36 dump 435224 4458716
E923278^ Coyote 10.0 33 dump 435227 4458716

 
*NAD83 Z 11
^see references for sources of data

Defining Widespread High-Grade Gold-Silver Mineralization

A reconnaissance-style prospecting and sampling program was recently completed by Silver47’s exploration team on unpatented mining claims of the Kennedy Project. The purpose of the program was to confirm the presence of high-grade gold-silver-base metal mineralization across eleven targets (Figure 1). Areas of historic surface workings (e.g., blast pits and mine dumps) as well as outcrop, subcrop and float were sampled. In total, 109 samples were collected (see April 24th, 2025 news release for first batch of results). Data from over 40 historic rock samples were also compiled and combined with the new data creating a rock geochemical database of over 150 samples (Figure 1).

Selective sampling across the eleven targets (Figure 1) demonstrates the scale and high-grade potential of vein-systems typical of the Kennedy Project. Highlights from recent and historical sampling include:

  • Gold Note: Most of the historic gold production in the Kennedy district was from the Gold Note mine. The mine was centered on a series of high-angle, broadly east-west striking quartz veins hosted in volcanic and sedimentary rocks and traced for over 350 m. Waste material from the mine has been stacked in dumps near the main Union and No. 2 adits (Figure 1). Sampling of these dumps returned grades up to 40.4 g/t Au with 232 g/t Ag and 11.1 g/t Au with 1,020 g/t Ag (Table 1) and the 14 new and compiled samples average 7.9 g/t Au with 193 g/t Ag. These results agree with historic mine grades which were reportedly as high as 15.5 g/t Au with 311 g/t Ag¹.

  • Borlasca: The east-west trending Borlasca target comprises a series of northwest to west striking structures centered approximately 900 m east of the Gold Note mine. Veins and oxidized vein-breccias are hosted in porphyritic rhyolite associated with strong silicification. Samples of dump and outcrop from across the three main Borlasca veins have returned up to 21.9 g/t Au with 2,336 g/t Ag with 8.56% Cu. The strong copper mineralization in many of the Borlasca samples suggest strong prospectivity for copper mineralization across this part of the Kennedy district.

  • Coyote: The northwest-striking Coyote vein system is centered approximately 600 m north of the Gold Note mine. Veins and quartz-cemented breccias of the Coyote target are hosted primarily in granite and quartz-phyric rhyolite. Samples of dump material, subcrop and float from the main Coyote target returned grades up to 15.9 g/t Au with 323 g/t Ag and 2.9 g/t Au with 759 g/t Ag (Table 1). Sampling 600 m along strike to the northwest returned 5.7 g/t Au with 20.8 g/t Ag (sample 350121, Table 1).

  • Cricket-Accident trend: The north-northwest striking Cricket target is centered approximately 2.2 km northeast of the Gold Note mine (Figure 1). The vein-system is hosted near a contact between andesite and monzonite and consists of brecciated and drusy quartz veins and veinlets. The Cricket vein has been sampled (outcrop and dumps) for over 200 m along strike with grades up to 39.4 g/t Au and 370 g/t Ag (15 samples average 12.3 g/t Au and 132 g/t Ag). High-grade gold and silver mineralization at Cricket is locally associated with strong lead and antimony mineralization (up to 3.0% Pb and 3,540 ppm Sb). The Accident vein, 300 m along strike to the south of Cricket, is interpreted to be part of the same 800 m north-trending vein-system. Sampling at Accident returned up to 12.7 g/t Au with 305 g/t Ag (Table 1). Further sampling along trend north of Cricket towards the historic Wall Street mine and along trend south of Accident is warranted.

  • Fourth of July: The Fourth of July vein sets are hosted in strongly oxidized granite/monzonite and comprise quartz-rich breccias and veins. Sampling of outcrop, subcrop, dump and float along a 200 m trend at Fourth of July returned up to 6.2 g/t Au with 3,037 g/t Ag and 9.6 g/t Au with 2,360 g/t Ag. The veins may represent a possible southern offset of the Cricket-Accident trend of veins and supports the strong prospectivity for high-grade gold-silver mineralization in broadly north-trending structural corridors.

  • Trail-Imperial trend: The historic Trail/Senator mine represents the southern extent of the broadly north-trending Trail-Imperial corridor. The high-grade Imperial Mine represents the northern extent of the 1.0 km long corridor. The Trail/Senator target comprises quartz-rich veins and breccias with associated wall rock hosted quartz-stringers and veinlets. Sampling of dumps and outcrop returned up to 8.61 g/t Au with 133 g/t Ag and 6.4 g/t Au with 43.1 g/t Ag. At Imperial, primarily hosted in quartz monzonite sampling returned up to 30.4 g/t Au with 148 g/t Ag and 16.8 g/t Au with 17.2 g/t Ag. Similar to the parallel Cricket-Accident trend, the Trail-Imperial corridor demonstrated strong prospectivity for high-grade gold and silver mineralization along north-trending structural corridors.

  • Hidden Treasure-Chromo trend: The Hidden Treasure set of mineralized veins are centered 800 m north of the Gold Note mine and hosted primarily in volcanics and breccias near the contact with granite. Together with the Chromo target (Figure 1), 300 m along strike to the north, the mineralized Hidden Treasure-Chromo trend comprises high-grade gold-bearing breccias with samples up to 44.5 g/t Au and 27.6 g/t Au (7 samples at Hidden Treasure average 15.6 g/t Au and 31 g/t Ag).

  • Danneburg: The Danneburg group of mineralized vein occurrences, covering a 200 by 150 m area, is centered approximately 3.0 km northeast of the Gold Note mine. Drusy and oxidized veins hosted in silicified and oxidized granite returned up 19.5 g/t Au with 273 g/t Ag and 3.8 g/t Au with 554 g/t Ag in dump material. Further work is required at Danneburg to define the strike-extent of the dominant north- and northwest-striking vein-sets.

Based on the results from the preliminary sampling and prospecting program, an additional 4,000 acres of unpatented mining claims have been acquired through staking. The strategic claims cover all prospective open ground around the Kennedy district.

Next Steps

The extensive mineralized corridors across the Kennedy Project with multiple high-grade targets have not yet seen any systematic modern exploration. A multidisciplinary program consisting of geological mapping, ground geophysics (magnetics and induced polarization) and soil and rock geochemical surveys are planned to refine existing targets and define new drill targets. Follow-up exploration is set to commence this fall.

Analytical and Quality Assurance and Quality Control Procedures

Rock samples were sent to Paragon Geochemical Laboratories in Sparks, Nevada for preparation and analysis. Paragon meets all requirements of International Standards ISO/IEC 17025:2005 and ISO 9001:2015 for analytical procedures. Samples were analyzed for gold via fire assay with an MS finish (‘AU-FA30′), and for silver via inductively-coupled plasma, mass spectroscopy (ICP-MS) after four-acid digestion (’48MA-MS’). Samples assaying over 8 ppm Au were re-run via fire assay for Au with a gravimetric finish (‘AU-GR30’). Samples that assayed over 100 ppm Ag (0.01%), 1,000 ppm Cu (1%), Zn (1%) and Pb (1%) were re-run via inductively coupled plasma optical emission spectroscopy (‘OLMA-OES’).

Historical data referenced herein (e.g., rock samples2), including but not limited to assay results and geological interpretations from previous exploration activities, have been sourced from publicly available records, archived reports, and third-party databases believed to be reliable. However, Silver47 has not independently verified this historical data through resampling, re-assaying, or other confirmatory methods. As such, the Company cautions that this historical information has not been verified by a Qualified Person. The Company is not treating historical information as current and it is being used to guide exploration only.

Marketing Agreement

Effective September 3, 2025, the Company has engaged Sideways Frequency LLC (‘SFLLC’) to provide certain marketing services to the Company. Under the agreement, the Company will pay SFLLC $250,000 USD for a 12-month term. The Company may elect to renew or extend the engagement at any point during the term. The marketing services will include, but are not limited to, email campaigns, native advertising, display ads, lead generation, creation of content, strategic planning, digital advertisement placement, and overseeing progress and results of digital campaigns. The Company has granted 80,000 stock options to SFLLC at a strike price of $0.83 with a three-year term. The options vest quarterly over a period of one year.

SFLLC is based in Utah, USA and is at arm’s length to the Company. SFLLC and its principals have no present, direct or indirect interest in the Company or its securities, nor any right or present intention to acquire such an interest except as otherwise provided herein. The agreement and the option grant remain subject to TSX Venture Exchange approval.

Technical Disclosure

The technical content of this news release has been reviewed and approved by Galen McNamara, P. Geo., the CEO of the Company and a qualified person as defined by National Instrument 43-101.

Rock-chip, dump, float and subcrop samples are selective by nature and may not be representative of mineralization across the Kennedy Project.

References

¹Klopstock, Paul (1913) The Kennedy mining district, Nevada, American Institute of Mining Engineers Bulletin, v. 77. p. 1041-1046

2Data reported by West Cirque Resources, WCQ TSX-V NRs September 13, 2011 and November 22, 2011

About Silver47 Exploration

Silver47 Exploration Corp is a mineral exploration company, focused on uncovering and developing silver-rich deposits in North America. The Company is creating a leading high-grade US-focused silver developer with a resource totaling 236 Moz AgEq at 334 g/t AgEq inferred and 10 Moz at 333 g/t AgEq indicated. With operations in Alaska, Nevada and New Mexico, Silver47 Exploration is anchored in America’s most prolific mining jurisdictions. For detailed information regarding the resource estimates, assumptions, and technical reports, please refer to the NI 43-101 Technical Report and other filings available on SEDAR at www.sedarplus.ca. The Company trades on the TSXV under the ticker symbol AGA and OTCQB under the ticker symbol AAGAF.

For more information about the Company, please visit www.silver47.ca and see the Technical Report filed on SEDAR+ (www.sedarplus.ca) and titled ‘Technical Report on the Red Mountain VMS Property Bonnifield Mining District, Alaska, USA with an effective date January 12, 2024, and prepared by APEX Geoscience Ltd.’

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On Behalf of the Board of Directors

Mr. Galen McNamara
CEO & Director

For investor relations
Giordy Belfiore
604-288-8004
gbelfiore@silver47.ca

No securities regulatory authority has either approved or disapproved of the contents of this release. Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

FORWARD-LOOKING STATEMENTS

This news release includes forward-looking information regarding, among other things, the timing, scope and objectives of planned exploration at the Kennedy Project (including mapping, geophysics, geochemical surveys and target generation), potential future drilling, and the anticipated timing of assay results at Red Mountain. Forward-looking information is based on a number of assumptions that, while considered reasonable by management at the date hereof, are inherently subject to business, technical and operational uncertainties. Assumptions include the availability of personnel and equipment, access to the property, receipt of permits and approvals, budget availability, and that historical information compiled will be useful in guiding exploration. Material risk factors that may cause actual results to differ materially include changes in exploration plans; results of field work that differ from expectations; access, permitting or regulatory risks; availability of contractors and laboratory turn-around times; weather; commodity price volatility; and the risks described in the Company’s public filings on SEDAR+. The Company does not undertake to update any forward-looking information except as required by applicable securities laws.’ (meets all four required elements).

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Brunswick Exploration Inc. ( TSX-V: BRW OTCQB: BRWXF ; FRANKFURT:1XQ ; ‘ BRW ‘ or the ‘ Company ‘) is pleased to announce that it has begun drilling at the Anatacau Main Project, located in the Eeyou-Istchee James Bay region of Quebec. The drill program will target the Anais lithium discovery, located 22 kilometers east and along strike from Rio Tinto’s Galaxy project and BRW’s Anatacau West project.

Mr. Killian Charles, President and CEO of BRW, commented: ‘Beyond our favorable results in Greenland, we continue to advance our portfolio of assets in Quebec. We expect to complete our maiden resource estimate at Mirage in Q4 and, now, have begun an exciting new drill program at Anatacau Main, one of our first Canadian lithium discoveries. Our previous work at the neighbouring Anatacau West project demonstrated that mineralization is immediately contiguous east of the Galaxy Lithium project. Importantly, we believe the Anais showing also possesses the same structural context and similar geological features to the Galaxy Lithium project.’

Anatacau Main Overview

Brunswick Exploration expects to drill between 1,000 and 1,500 meters comprised of 10 inclined holes at an average length of 150 meters each. The first five drill holes are collared on the Anais discovery made by the BRW team in 2023, which consists of several parallel pegmatite dykes with visible spodumene mineralization. The largest dyke found to date is exposed over a 15 m wide by 100 m long outcrop (see press release dated July 13, 2023 ).

Figure 1: Anatacau Main Project Location

The Anatacau Main project is straddled by a large-scale E-W deformation corridor, hosting Rio Tinto’s Galaxy Lithium project where mineralization is constrained to multiple extensional lithium-bearing pegmatite dykes (see figure 1). This corridor runs through both the Anatacau West and Anatacau Main projects. Combined, BRW controls over 30 km of favorable structure, with potential for more lithium discoveries with the area immediately surrounding the Anais showing being most prospective.

The drilling will be ground supported and operated from the Company’s neighbouring camp. It is easily accessible from the paved Billy Diamond Highway, located approximately 21 km east of the ‘KM 381’ rest stop that can provide accommodation, catering, fuel and power. This drilling program is partially financed by the Ministry of Natural Resources and Forests of the Quebec Government, up to a maximum amount of $293,273. Brunswick Exploration would like to thank the Quebec Government for its initiative to support the mining exploration industry and continued advancement of critical and strategic minerals projects.

Qualified Person

The scientific and technical information related to this press release has been reviewed and approved by Mr. Francois Goulet, Manager Quebec. He is a Professional Geologist registered in Quebec.

About Brunswick Exploration Inc.

Brunswick Exploration is a Montreal-based mineral exploration company listed on the TSX-V under symbol BRW. The Company is focused on grassroots exploration for lithium in Canada, a critical metal necessary to global decarbonization and energy transition. The company is rapidly advancing its extensive grassroots lithium property portfolio in Canada and Greenland.

Investor Relations/information

Mr. Killian Charles, President and CEO ( info@BRWexplo.com )

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

Cautionary Statement on Forward-Looking Information

This news release contains ‘forward-looking information’ within the meaning of applicable Canadian securities legislation based on expectations, estimates and projections as at the date of this news release. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, delays in obtaining or failures to obtain required governmental, environmental or other project approvals; uncertainties relating to the availability and costs of financing needed in the future; changes in equity markets; inflation; fluctuations in commodity prices; delays in the development of projects; the other risks involved in the mineral exploration and development industry; and those risks set out in the Corporation’s public documents filed on SEDAR at www.sedar.com. Although the Corporation believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Corporation disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by 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 news release.

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