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Following up on the underground channel sampling at the historic La Dura 2 mine workings that returned 1.98 g/t Au and 98 g/t Ag along a 12-metre strike length (see Pinnacle News Release of November 12, 2025), surface sampling of the vein has extended the gold-silver mineralization along strike such that the zone can now be followed for approximately 45 metres.  Within the seven vein samples taken on surface, assays included 6.89 g/t Au and 208 g/t Ag over 1.4 metres, 5.95 g/t Au and 185 g/t Ag over 1.0 metres, 5.75 g/t Au and 230 g/t Ag over 0.7 metres, and 3.39 g/t Au and 248 g/t Ag over 1.3 metres.  This additional information will aid in delineation drilling of La Dura once the surface program begins.

‘The identification of high grades of gold and silver mineralization in the Estrella vein is a key development for the Potrero Project as the vein is approximately 500 metres southwest of the main Dos de Mayo structure that hosts the three principal mines on the property, and it significantly opens up the size of the mineralized system, both laterally and vertically,’ stated Robert Archer, Pinnacle’s President & CEO.  ‘At surface, La Estrella sits at an elevation of 1,880 masl (metres above sea level) whereas Dos de Mayo is predominantly exposed between 1490 and 1570 masl, suggesting that there could be up to 400 metres of vertical continuity of the epithermal system preserved below La Estrella.  Geologically, the vein exhibits brecciated, lattice bladed and banded textures, and contains substantial amounts of clay minerals such as kaolin, with red, orange, and lemon-yellow oxides, all features that typically occur in the upper parts of a low-sulphidation epithermal system.  La Estrella is developing into an important drill target once permits are in place.

Similarly, the identification of significantly higher-grade gold-silver mineralization in outcrop at La Dura 2 has more than tripled the known strike length of this mineralized zone.  Given the limited extent and orientation of the underground workings here, this zone will be drilled from surface as soon as possible.’


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The general strike of the Estrella vein is north-south with an inclination of 70° to 80° to the east, but in the north it bends to a northeast strike towards the Capulin and Dos de Mayo veins.  It is presently unclear as to the reason for, or significance of, the north-south trend compared to the northwest-southeast Dos de Mayo trend.  Projecting the Estrella vein along strike to the north would intersect the Dos de Mayo structure just northwest of La Dura and extend the Estrella structure for some 600-800 metres.  The intersection of two structural trends is often the locus of significant mineralization in these types of vein systems.

Sixty-two underground channel samples were taken in 16 composites, at approximately three-metre spacing, over the 42.5 metre length of the historic Estrella mine workings.  Gold assays ranged from 0.02 to 17.7 g/t with 22 samples (35%) assaying more than 1.0 g/t Au.  Silver assays ranged from 2 to 196 g/t with 17 samples (27%) assaying more than 31 g/t (one troy ounce per ton) Ag. On surface, 9 samples were taken over the 150-metre strike length of the Estrella vein exposure.  Gold assays ranged from 0.008 to 3.35 g/t and silver assays ranged from 2 to 204 g/t.

QA/QC

The technical results contained in this news release have been reported in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects (‘NI 43-101’).  Pinnacle has implemented industry standard practices for sample preparation, security and analysis given the stage of the Project.  This has included common industry QA/QC procedures to monitor the quality of the assay database, including inserting certified reference material samples and blank samples into sample batches on a predetermined frequency basis.

Systematic chip channel sampling was completed across exposed mineralized structures using a hammer and maul.  The protocol for sample lengths established that they were not longer than two metres or shorter than 0.3 metres.  The veins tend to be steeply dipping to vertical, and so these samples are reasonably close to representing the true widths of the structures.  Samples were collected along the structural strike or oblique to the main structural trend.  Grab samples, by their nature, are only considered as indicative of local mineralization and should not be considered as representative.

All samples were bagged in pre-numbered plastic bags; each bag had a numbered tag inside and were tied off with adhesive tape and then bulk bagged in rice bags in batches not to exceed 40 kg.  They were then numbered, and batch bags were tied off with plastic ties and delivered directly to the SGS laboratory facility in Durango, Mexico for preparation and analysis.  The lab is accredited to ISO/IEC 17025:2017.  All Samples were delivered in person by the contract geologist who conducted the sampling under the supervision of the QP.

SGS sample preparation code G_PRP89 including weight determination, crushing, drying, splitting, and pulverizing was used following industry best practices where all samples were crushed to 75% less than 2 mm, riffle split off 250 g, pulverized split to >85% passing 75 microns (μm).  All samples were analyzed for gold using code GA_FAA30V5 with a Fire Assay determination on 30g samples with an Atomic Absorption Spectography finish.  An ICP-OES analysis package (Inductively Coupled Plasma – Optical Emission Spectrometry) including 33 elements and 4-acid digestion was performed (code GE_ICP40Q12) to determine Ag, Zn, Pb, Cu and other elements.

Qualified Person

Mr. Jorge Ortega, P. Geo, a Qualified Person as defined by National Instrument 43-101, and the author of the NI 43-101 Technical Report for the Potrero Project, has reviewed, verified and approved for disclosure the technical information contained in this news release.

About the Potrero Property

El Potrero is located in the prolific Sierra Madre Occidental of western Mexico and lies within 35 kilometres of four operating mines, including the 4,000 tonnes per day (tpd) Ciénega Mine (Fresnillo), the 1,000 tpd Tahuehueto Mine (Luca Mining) and the 250 tpd Topia Mine (Guanajuato Silver).

High-grade gold-silver mineralization occurs in a low sulphidation epithermal breccia vein system hosted within andesites of the Lower Volcanic Series and has three historic mines along a 500 metre strike length.  The property has been in private hands for almost 40 years and has never been systematically explored by modern methods, leaving significant exploration potential.

A previously operational 100 tpd plant on site can be refurbished / rebuilt and historic underground mine workings rehabilitated at relatively low cost in order to achieve near-term production once permits are in place. The property is road accessible with a power line within three kilometres.  

Pinnacle will earn an initial 50% interest immediately upon commencing production.  The goal would then be to generate sufficient cash flow with which to further develop the project and increase the Company’s ownership to 100% subject to a 2% NSR.  If successful, this approach would be less dilutive for shareholders than relying on the equity markets to finance the growth of the Company.

About Pinnacle Silver and Gold Corp.

Pinnacle is focused on the development of precious metals projects in the Americas.  The high-grade Potrero gold-silver project in Mexico’s Sierra Madre Belt hosts an underexplored low-sulphidation epithermal vein system and provides the potential for near-term production. In the prolific Red Lake District of northwestern Ontario, the Company owns a 100% interest in the past-producing, high-grade Argosy Gold Mine and the adjacent North Birch Project with an eight-kilometre-long target horizon.  With a seasoned, highly successful management team and quality projects, Pinnacle Silver and Gold is committed to building long-term, sustainable value for shareholders.

 

Signed: ‘Robert A. Archer’

President & CEO

For further information contact:

Email:        info@pinnaclesilverandgold.com

Tel.:  +1 (877) 271-5886 ext. 110

Website: www.pinnaclesilverandgold.com

 

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

   

Copyright (c) 2026 TheNewswire – All rights reserved.

News Provided by TheNewsWire via QuoteMedia

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Silverco Mining Ltd. (TSXV: SICO) (‘Silverco‘ or the ‘Company‘) announces that it has entered into a binding letter (the ‘Binding Letter‘) dated January 19, 2026, providing for the acquisition by the Company of an arm’s length party, Nuevo Silver Inc. (‘Nuevo Silver‘).

The Binding Letter contemplates that the acquisition will be affected by way of a three-cornered amalgamation, pursuant to which Nuevo Silver will amalgamate with a wholly-owned subsidiary of Silverco, and the existing shareholders of Nuevo Silver will be issued common shares of Silverco (each, a ‘Silverco Share‘) in consideration for common shares of Nuevo Silver (each, a ‘Nuevo Silver Share‘) presently held (the ‘Acquisition‘).

Transformational Transaction for Silverco

Silverco is acquiring Nuevo Silver, which recently entered into a Share Purchase Agreement with a party arm’s length to Silverco and Nuevo Silver, to acquire 100% of the producing La Negra Silver Mine in Querétaro Mexico (the ‘La Negra Mine‘).

The Acquisition provides several benefits to Silverco, including:

  • Immediate production and cash flow
  • ~US$8M in cash
  • Diversifying Silverco’s asset base
  • Adding an established operating team in Mexico

Mark Ayranto, CEO of Silverco, commented: ‘The acquisition of Nuevo Silver and the La Negra Mine is a transformative milestone that immediately shifts Silverco from a developer into a cash-flowing producer. La Negra is currently operating at approximately 55% capacity, providing a robust foundation of existing cash flow that we see a clear pathway to build upon by significantly increasing throughput during the remainder of 2026. This accretive acquisition delivers immediate shareholder value and, when combined with our wholly-owned Cusi Property, which we expect to return to operation in the second half of 2026, accelerates our vision to become a 10M oz AgEq producer within 3 years.’

Acquisition Deal Terms

Holders of Nuevo Silver Shares will be issued an aggregate of 16,802,316 Silverco Shares pursuant to the Acquisition. Upon completion of the Acquisition, based on the total number of currently issued and outstanding Silverco Shares, former holders of Nuevo Silver Shares will hold approximately 34% of the outstanding Silverco Shares, and the existing holders of Silverco Shares will hold approximately 66% of the outstanding Silverco Shares. Silverco will also assume approximately US$11M in debt associated with the La Negra Mine, US$12.5M in milestone payments due in Q1 2027 and US$5M in contingent payments potentially due between Q1 2027 and Q1 2028.

Silverco and Nuevo Silver have agreed to diligently and in good faith negotiate a definitive agreement (the ‘Definitive Agreement‘) regarding the Acquisition; however, the terms of the Binding Letter will govern the transaction in the event that a Definitive Agreement is not executed.

Closing of the Acquisition is subject to a number of customary conditions, including all necessary consents, approvals, and other authorizations of any regulatory authorities or third parties being obtained, including, without limitation the conditional approval of the TSX Venture Exchange (the ‘Exchange‘); completion by Nuevo Silver of the acquisition of the La Negra Mine; receipt by Silverco of a technical report, if required, in respect of the La Negra Mine; receipt by the Silverco board of a favourable fairness opinion; and Silverco board approval.

The closing of the Acquisition will occur as soon as reasonably possible after the satisfaction or waiver of all conditions precedent.

As insiders of the Company will acquire Nuevo Silver Shares as a result of the acquisition by Nuevo Silver of the La Negra Mine, the Acquisition is considered a ‘related party transaction’ pursuant to Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (‘MI 61-101‘). The Company is exempt from the requirements to obtain a formal valuation or minority shareholder approval in connection with such insiders’ participation in the Acquisition in reliance on Sections 5.5(b) and 5.7(1)(a) of MI 61-101.

Advisors and Counsel

Canaccord Genuity Corp. is acting as financial advisors to Silverco. DLA Piper is acting as legal counsel to Silverco. Cassels Brock & Blackwell LLP is acting as legal counsel to Nuevo Silver.

Qualified Person

All scientific and technical information in this news release has been reviewed and approved by Nico Harvey. Mr. Harvey is VP Project Development of the Company and is a qualified person for the purposes of National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

About Silverco Mining Ltd.

The Company owns a 100% interest in the 11,665-hectare Cusi Project located in Chihuahua State, Mexico (the ‘Cusi Property‘). It lies within the prolific Sierra Madre Occidental gold-silver belt. There is an existing 1,200 ton per day mill with tailings capacity at the Cusi Property.

The Cusi Property is a past-producing underground silver-lead-zinc-gold project approximately 135 kilometres west of Chihuahua City. The Cusi Property boasts excellent infrastructure, including paved highway access and connection to the national power grid.

The Cusi Property hosts multiple historical Ag-Au-Pb-Zn producing mines each developed along multiple vein structures. The Cusi Property hosts several significant exploration targets, including the extension of a newly identified downthrown mineralized geological block and additional potential through claim consolidation.

On Behalf of the Board of Directors

‘Mark Ayranto’

Mark Ayranto, President & CEO
Email: mayranto@silvercomining.com

For further information, please contact:

Investor Relations & Communications
Email: info@silvercomining.com
www.silvercomining.com

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 Statement and Forward-Looking Information

This news release contains ‘forward-looking statements’ and ‘forward-looking information’ (together, ‘forward-looking statements’) within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or the Company’s future performance and are generally identified by words such as ‘anticipate’, ‘believe’, ‘continue’, ‘could’, ‘estimate’, ‘expect’, ‘forecast’, ‘goal’, ‘intend’, ‘may’, ‘objective’, ‘outlook’, ‘plan’, ‘potential’, ‘priority’, ‘schedule’, ‘seek’, ‘should’, ‘target’, ‘will’, and similar expressions (including negative and grammatical variations).

These forward-looking statements are based on a number of assumptions that, while considered reasonable by the Company as of the date of this release, are inherently subject to significant business, technical, economic and competitive uncertainties and contingencies. Key assumptions include but are not limited to: the ability of the parties to complete the acquisition of the La Negra Mine and the Acquisition; the receipt of all required approvals including, but not limited to, board, shareholder and Exchange approval in a timely manner; the potential of the La Negra Mine; future production; achieving the Company’s goals; the potential benefits of the Acquisition; no material adverse changes to general business, economic, market and political conditions; commodity price and foreign exchange assumptions; inflation and input costs remaining within expectations; and the Company’s ability to secure additional financing on acceptable terms when required.

Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to differ materially from those expressed or implied. Such risks are set out in the Company’s public disclosure filings available on SEDAR+ at www.sedarplus.ca.

Readers are cautioned not to place undue reliance on forward-looking statements. The purpose of forward-looking statements is to provide readers with information about management’s current expectations and plans and may not be appropriate for other purposes. No assurance can be given that such statements will prove to be accurate; actual results and future events could differ materially. The Company undertakes no obligation to update or revise any forward-looking statements contained herein, except as required by applicable securities laws.

Source

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American Lithium Minerals (OTCID:AMLM) has acquired a 19 percent stake in privately held Cunningham Mining, expanding its exposure to precious metals in British Columbia’s Golden Triangle.

The acquisition gives the OTC-listed explorer an indirect interest in Cunningham’s Nugget Trap placer claims, a 573.7-acre property registered with the British Columbia Mineral Title registry and located within the Skeena Mining Division.

The transaction adds a permitted gold project to American Lithium Minerals’ growing portfolio as it seeks to diversify across gold, lithium, rare earths and other critical minerals.

According to the company, the Nugget Trap property is authorized for a pay mining program of up to 30,000 cubic yards per year under permits issued by the British Columbia Ministry of Mines.

A recent independent assay based on a 25-pit test program reported average grades of more than 25.54 grams of gold per cubic meter along with recoverable silver.

The company attributes the mineralization to large gold and copper systems located upstream, including the Mitchell, Sulphurets, Kerr and Snowfield deposits.

Located in northwestern British Columbia, the Golden Triangle has drawn renewed industry attention amid higher gold prices and expanding infrastructure.

The Nugget Trap interest adds to a geographically diverse asset base that includes silver, copper-gold, rare earth and polymetallic projects in Chile, Quebec, Yukon and Nevada.

Among those is the Sarcobatus lithium property in central Nevada, covering roughly 1,780 acres of mining claims.

The project also sits near Seabridge Gold (TSX:SEA,NYSE:SA)’s KSM project, one of the world’s largest undeveloped gold deposits by reserves. Seabridge’s most recent preliminary feasibility study estimates proven and probable reserves of 38.8 million ounces of gold and 10.2 billion pounds of copper.

Alongside the deal, the company also announced the appointment of Ryan Cunningham as president and chief executive officer of its wholly owned subsidiary, American Mineral Resources.

American Lithium Minerals said it continues to pursue financing and additional acquisitions to advance its exploration assets toward potential production.

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

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Donald Trump made ‘you’re fired’ a national catchphrase from his TV show ‘The Apprentice.’ Now the power of the president to unilaterally decide who can continue to serve in key government positions will be tested Wednesday at the U.S. Supreme Court, in another major case over leadership removals from independent agencies.

At the center of the latest constitutional showdown is Lisa Cook, who serves precariously on the Federal Reserve’s powerful Board of Governors.

Trump claims broad authority to force Cook from her leadership position on the central bank, free from judicial review, with his administration alleging she committed private mortgage fraud.

Oral arguments will be conducted by the nine justices, who will hear separately from lawyers representing Cook and the Justice Department.

As the elected head of the government, Trump believes federal law allows him unqualified discretion to fire ‘for cause’ any officer on the Federal Reserve’s Board of Governors or member of the Federal Open Market Committee (FOMC). 

But Cook will tell the court the Federal Reserve was created by Congress in 1913 as a wholly independent entity, to insulate it from political influence, and from any one president ‘stacking the deck’ with their own nominees.

She claims to be a political pawn in Trump’s very public efforts to dictate the Federal Reserve’s economic policies, by exploiting what she calls ‘manufactured charges’ of wrongdoing.

This appeal comes as Trump’s feud with the Fed has expanded, after its chairman, Jerome Powell, disclosed recently the agency was subpoenaed by the Justice Department for allegations he lied to Congress about a controversial multimillion-dollar renovation of the agency’s headquarters.

The high court will have at least four opportunities this term to define the limits of Trump’s aggressive view of his authority, including import tariffs and birthright citizenship.

‘A big fraction of the Supreme Court’s docket will present the question, can President Trump do: fill in the blank? And that could be imposed tariffs. Fire board members. Remove illegal aliens,’ said Thomas Dupree, a former top Justice Department attorney and leading appellate attorney. ‘Trump is pushing at every limit and the Supreme Court this term is going to be telling us whether he’s exceeded those limits. That is, I think, going to the story of so much of what the Supreme Court is deciding this term.’   

The Issues

The conservative court has allowed much of President Trump’s challenged executive actions to be enforced at least temporarily – and will now decide whether the Fed’s special mandate statutorily protects its governing members from getting ousted.

The justices last month heard arguments in a separate case, on Trump’s efforts to remove Democrat-appointed Rebecca Slaughter from the Federal Trade Commission (FTC), which like the Fed is a congressionally created independent, multi-member regulatory agency.

The 6-3 conservative majority in that petition appeared ready to rule for the president when it involves semi-autonomous agencies like the FTC.

Justice Sonia Sotomayor at argument accused the administration of trying to ‘destroy the structure of government.’

But Justice Neil Gorsuch countered that when it comes to agencies like the FTC, ‘there is no such thing in our constitutional order as a fourth branch of government that’s quasi-judicial and quasi-legislative.’

Both Slaughter and Cook were named to their current staggered terms by former President Joe Biden, but Slaughter and another Democratic-appointed member are now not allowed to continue serving while their lawsuits are decided.

In the Cook case, lower courts ruled she did not receive due process when the president tried to fire her.

The current posture of the case is whether Trump can remove Cook — at least temporarily — while the dispute continues to play out on the merits. The ‘for cause’ removal restriction’s constitutionality is not directly before the justices.

A federal judge had issued a preliminary injunction against the administration, which then sought relief from the Supreme Court on the limited enforcement issue.

The nine-member bench now has the option of ruling narrowly on the injunction question — which would throw the case back to the district court. Or the high court could go ahead and decide the larger constitutional matters.

One key argument topic could center on whether the Federal Reserve has some administrative nexus to the executive branch, which could put it at least under limited Trump control.

Though its leaders are appointed by the president and confirmed by the Senate, the seven-member board is considered an independent government agency, since its monetary policy decisions do not need presidential or legislative approval. But the agency does provide Congress with regular reports on its work.

It also does not receive any federal funding, and the terms of the members of the board of governors span multiple presidential and congressional terms.

Under law, the Federal Reserve’s leadership has a three-fold mandate: ‘maximum employment, stable prices, and moderate long-term interest rates.’

The 12 Federal Reserve Banks are not part of the federal government, but set up like private corporations, and regionally located across the country.

The justices, in an unsigned order in a separate case in 2025, had suggested the Fed operates differently from other independent federal boards, since it is not funded by Congress through normal appropriations, but uses interest on securities the bank owns and acquired through open market operations.

‘The Federal Reserve is a uniquely structured, quasi-private entity that follows in the distinct historical tradition of the First and Second Banks of the United States,’ said the Supreme Court in May 2025.

After paying its expenses, the Federal Reserve hands the rest of its earnings over to the U.S. Treasury.

Federal feud

Trump repeatedly has blasted Powell and the Federal Reserve over reluctance to lower benchmark interest rates as aggressively as the president wants, in a fundamental disagreement over prudent ways to stimulate the national economy.

Like Cook, Powell in an extraordinary video statement Sunday accused the president of investigating him as ‘pretexts’ for ‘political pressure or intimidation.’

‘The threat of criminal charges is a consequence of the Federal Reserve setting interest rates based on our best assessment of what will serve the public, rather than following the preferences of the president,’ he said.

Trump on Tuesday called Powell ‘either incompetent or crooked.’

Powell’s term as chairman ends in May, but he has the option of remaining on the Board for another two years. Trump has been conducting a very transparent interview campaign with candidates for Powell’s successor to lead the central bank.

The high court will try to cast all the Washington drama aside and focus on what shapes up as a major test of executive and judicial power.

The Federal Reserve Act (FRA) says the president can only remove members of the Fed board and FOMC ‘for cause.’ The exact parameters of that standard were not spelled out in the original law, and never fully tested in the courts.

Cook — appointed for a 14-year term by Biden in 2023 — will remain on the job at least until the court decides the current legal questions.

No president has fired a sitting Fed governor in the law’s 112-year history.

‘Put simply, the president may reasonably determine that interest rates paid by the American people should not be set by a governor who appears to have lied about facts material to the interest rates she secured for herself— and refuses to explain the apparent misrepresentations,’ said Solicitor General D. John Sauer in the administration’s appeal.

The Justice Department will argue that removal protection power is discretionary and unenforceable.

But Cook’s lawyers counter, ‘Granting that relief would dramatically alter the status quo, ignore centuries of history, and transform the Federal Reserve into a body subservient to the President’s will.’

The court’s decision to take up the case comes months after U.S. District Judge Jia Cobb issued a preliminary injunction last month blocking Trump from firing Cook from the Fed while the case continued to play out in court.’

The U.S. Court of Appeals for the D.C. Circuit voted 2-1 in September 2025 to deny Trump’s request for intervention, prompting the administration to make its case to the Supreme Court for emergency review.

The Stakes

The Supreme Court update comes as Trump has for months pressured the Federal Reserve to slash interest rates, in a bid to help spur the nation’s economic growth.

But his attempt to fire Cook for alleged mortgage fraud violations, which she has denied, has teed up a first-of-its-kind judicial clash that could have profound impacts on the Fed itself, and the Supreme Court’s review authority.

She strongly denies accusations of falsely claiming two homes in Georgia and Michigan as her primary residence to secure better mortgage terms. She has not been charged with any crime.

Cook’s legal team — featuring prominent conservative attorney and former Justice Scalia law clerk Paul Clement — sued Trump in late August 2025 for his attempt to fire her, arguing it violated her due process rights under the Fifth Amendment, as well as her statutory right to notice and a hearing under the FRA.

She has not been charged with any criminal act.

The next Federal Open Market Committee (FOMC) meeting is scheduled for Jan. 27–28, with an expected interest rate decision. Both Powell and Cook are each set to participate.

Financial markets, private banks, businesses and investors will be closely watching what the Supreme Court does in the Federal Reserve dispute, and a separate pending appeal over Trump’s sweeping reciprocal global tariffs.

A written ruling in that import tax case, which was argued by the justices in November, could come at any time.

The Fed case is Trump v. Cook (25a312). A decision there could come relatively quickly within weeks, or potentially as late as June or early July.

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The Syrian army’s rapid-fire conquest of important areas and towns previously controlled by the U.S.-allied Syrian Democratic Forces (SDF), culminated on Sunday in a fragile ceasefire agreement with a stern warning from a powerful U.S. Senator and experts about the reported crimes of forces controlled by President Ahmed al-Sharaa.

Jim Risch, R-Idaho., chairman of the Senate Foreign Relations Committee, told Fox News Digital, ‘The Syrian government’s decree to respect Kurdish rights is a good sign, but the conduct of its forces on the ground must match. Division and violence in Syria between U.S. partners only benefit bad actors like ISIS and Iran who exploit Syria to use as a breeding ground for international terrorism, including against the U.S. I welcome the announcement of a ceasefire and will be watching its implementation closely.’

Al-Sharaa, a former U.S.-designated terrorist who was a member of the Islamic State and al-Qaeda, greenlighted an incursion into territory ruled peacefully by the SDF for over a decade.

Amid Risch’s warning, reports coming out of Syria claim skirmishes between the Syrian army and SDF are continuing. 

The news organization, Kurdistan 24, showed alleged footage of al-Sharaa’s forces releasing Islamic State prisoners. According to the report, ‘The Syrian Arab Army releases ISIS prisoners in al-Tabqah city.’ 

The footage has been widely posted on social media. Fox News Digital could not independently verify the video.

The State Department referred Fox News Digital to an X post from the U.S. Ambassador to Turkey, Tom Barrack, who also serves as the Special Envoy for Syria. Barrack wrote on X about the deal between SDF General Mazloum Abdi and al-Sharra.

‘Two great Syrian leaders, driven by the shared vision of liberating their country and people from tyranny, have now come together to forge a brighter future for all Syrians. This agreement and ceasefire represent a pivotal inflection point, where former adversaries embrace partnership over division.’

Barrack added, ‘President al-Sharaa has affirmed that the Kurds are an integral part of Syria, and the United States looks forward to the seamless integration of our historic partner in the fight against ISIS with the Global Coalition’s newest member, as we press forward in the enduring battle against terrorism.’

However, the People’s Protection Units (YPG) commander Sipan Hamo — a Syrian organization that is part of the SDF — said on the Saturday meeting between U.S. envoy Tom Barrack and Kurdish officials produced no roadmap to a ceasefire. He denied Syria’s Kurds wanted to secede or create an independent state and said their future was in Syria.

‘Our greatest hope is that there will be a tangible outcome, especially from the coalition and the United States, meaning that they will intervene more forcefully in the existing problems than what they are currently doing,’ Hamo said.

The head of the main Kurdish forces told Reuters that the U.S. should intervene more forcefully to end a Syrian offensive that has gained key territory from Kurdish fighters in recent days.

Government troops launched an offensive on Saturday into territory run for the last decade by semi-autonomous Kurdish authorities in the northeast of Syria, capturing towns on both sides of the Euphrates River and the country’s largest oil and gas field, officials and security sources said.

But given Kurdish ‘concerns about the changes taking place,’ the U.S. should offer assurances of protection to them.

Hamo said that, ‘In the current situation and the chaos we are living in, the only ones who can offer guarantees are the United States or the coalition,’ he added in a rare interview from Hasakeh province, which is still under Kurdish control.

‘We believe that the responsibility for everything currently happening inside Syria lies with the Western countries, and especially the United States of America,’ he said.

‘Of course, we consider Israel a powerful state in the region with its own agenda. We hope that the same stance taken by other countries in the region towards certain minorities in Syria will be extended to the Kurds as well,’ Hamo said.

Asked if he was referring to Israel’s stance towards the Druze minority last summer — when Israel carried out air strikes on the defense ministry, near the presidential palace in Damascus and on Syrian troops advancing on Druze cities, Hamo said, ‘of course.’

Mutlu Civiroglu, a Kurdish affairs analyst, told Fox News Digital that, ‘President Trump has spoken about giving Syria and all its peoples a fresh opportunity to turn a new page. Yet, Ahmed al Sharaa’s actions appear to move against that intention, and many Kurds believe he is abusing the political space that was meant to support stability rather than deepen tensions. ‘

Civiroglu added that ‘I don’t think the U.S. is abandoning the Kurds, but President Trump’s good intention is being abused by Sharaa. Lawmakers in Washington have also expressed unease about the interim Syrian government’s treatment of minorities, which reflects broader questions about its commitment to inclusive governance.’

Civiroglu posted footage on his popular X account of al-Sharaa supporters toppling ‘a statue of a female Kurdish fighter after interim Syrian government forces seized Tabqa from the SDF. Kurdish fighters backed by the United States had liberated the town from ISIS in May 2017.’

Civiroglu said, ‘al-Sharaa’s confrontations with Kurdish forces, following earlier pressure on Alawite and Druze areas, reinforce doubts about the interim government’s legitimacy and its ability to represent Syria’s diverse population.

‘The International community must remember that the Kurdish people have long fought alongside the United States, France and the West in the campaign against ISIS, and many are watching closely to see how these partners interpret the latest escalation,’ he said.

Max Abrahms, a leading expert on counter-terrorism and a professor of political science at Northeastern University, told Fox News Digital, ‘The YPG and then SDF were America’s primary counterterrorism forces against Islamic State in Syria during the war. Unlike the so-called ‘rebels,’ our Kurdish warrior friends exhibited both capability and moderation. It’s not surprising that the jihadists, upon taking power in Damascus, would turn their guns on the Kurdish forces. Of course, we need to stand with them.’

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A group of House Democrats is moving to block President Donald Trump from acquiring Greenland in direct defiance of one of the commander in chief’s main foreign policy goals.

Rep. Gabe Amo, D-R.I., announced late Sunday that he introduced a bill to prevent Trump from using federal dollars to buy Greenland.

The legislation already has more than 20 House Democratic co-sponsors and is likely to get more as the week progresses.

‘Greenland is not for sale, no matter what Trump says. That’s why I led 21 [House Democrats] in introducing the NO NATO for Purchase Act to make sure your taxpayer dollars aren’t spent on Trump’s next property boondoggle,’ Amo wrote on X.

A publicly available summary of his bill stated its purpose as ‘to prohibit actions or expenditure of funds to purchase a North Atlantic Treaty Organization member country or NATO-protected territory.’

It comes as Trump and his allies continue to insist that getting Greenland under U.S. rule is critical to enhancing national security.

Trump has pushed to acquire Greenland, a territory of Denmark, since his first White House term.

Vice President JD Vance and Secretary of State Marco Rubio met with officials from Greenland and Denmark last week, but it appears that little progress has been made on either side.

‘The discussions focused on how to ensure the long-term security in Greenland. And here, our perspectives continue to differ, I must say. The president has made his view clear. And we have a different position,’ Danish Foreign Minister Lars Løkke Rasmussen told reporters afterward.

Meanwhile, a bipartisan group of lawmakers — consisting mainly of Democrats — embarked on a congressional delegation trip to Denmark over the weekend to meet with officials there.

Trump himself posted on Truth Social on Sunday night, ‘NATO has been telling Denmark, for 20 years, that ‘you have to get the Russian threat away from Greenland.’ Unfortunately, Denmark has been unable to do anything about it. Now it is time, and it will be done!!!’

The Trump administration has made clear that it hopes to purchase Greenland from Denmark, but the president himself has not ruled out using military force either.

The idea of a military invasion of Greenland has rattled lawmakers on both sides of the aisle, with foreign relations hawks arguing it would be a violation of NATO’s Article V by one of the organization’s own leading members.

House Democrats’ bill is not likely to be taken up by the House, however, nor would it be likely to pass if it were.

Fox News Digital reached out to the White House for a response to the legislation.

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The World Economic Forum (WEF) on Monday withdrew an invitation for Iran’s foreign minister to attend the Davos summit in Switzerland after an advocacy group urged it to bar Iranian regime officials amid nationwide anti-government protests that have left thousands dead.

In a post on X, the WEF confirmed that Abbas Araghchi would not be permitted to attend the five-day event.

‘Although he was invited last fall, the tragic loss of lives of civilians in Iran over the past few weeks means that it is not right for the Iranian government to be represented at Davos this year,’ the organization said. 

The announcement comes after the advocacy group United Against Nuclear Iran (UANI) sent a letter to WEF President Børge Brende on Friday, urging him to rescind the invitation and bar Iranian regime officials from attending amid a brutal crackdown on civilians.

UANI CEO Ambassador Mark Wallace welcomed the decision, telling Fox News Digital in a statement after Araghchi’s invitation was withdrawn: ‘UANI commends the World Economic Forum for revoking the invitation of Iran’s Foreign Minister from this year’s gathering in Davos. Iranian regime representatives should not be platformed at international events given their crimes against the Iranian people and their long history of supporting terrorism.’

Iran is currently facing nationwide anti-government protests that have drawn a violent response from security forces and placed growing pressure on Supreme Leader Ayatollah Ali Khamenei.

The U.S.-based Human Rights Activists News Agency (HRANA), which tracks human rights violations in Iran, said on Sunday that nationwide protests continued into the 22nd day as President Donald Trump weighs possible U.S. military action.

The group’s aggregated figures showed 624 recorded protests, the arrest of at least 24,669 people and the confirmed deaths of 3,919 individuals.

HRANA said 3,685 of those killed were protesters, including 25 children under the age of 18.

Nearly 9,000 deaths remain under investigation.

White House press secretary Karoline Levitt said at a press briefing last week that the Trump administration was closely watching the situation in Iran.

‘All options remain on the table for the president,’ she told reporters.

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A Senate Republican wants to dramatically expand the federal government’s ability to denaturalize a citizen with legislation built to withstand challenges in court.

Sen. Eric Schmitt, R-Mo., plans to introduce his Stop Citizenship Abuse and Misrepresentation (SCAM) Act to develop a series of wide-ranging legal triggers for the denaturalization process in the wake of the Minnesota fraud scandal.

Schmitt’s legislation is designed to bolster the government’s ability to strip a naturalized person of their citizenship, but it does not stop at targeting just fraudsters.

The SCAM Act creates a 10-year window, post-naturalization that, if a person were to hit a series of triggers, would lower the threshold for the federal government to strike their citizenship and begin the deportation process.

Among the acts that would fall under the scope of Schmitt’s legislation are whether a person defrauded a federal, state, local or tribal government of $10,000 or more, committed espionage, committed an aggravated felony, or is affiliated with a foreign terrorist organization.

The lawmaker argued that people who trigger those requisites ‘must be denaturalized because they have proven they never met the requirements for the great honor of American citizenship in the first place.’

‘The rampant fraud uncovered in Minnesota must be a wakeup call,’ Schmitt said. ‘People who commit felony fraud, serious felonies, or join terrorist organizations like drug cartels shortly after taking their citizenship oaths fail to uphold the basic standards of citizenship.’

Schmitt’s legislation specifically targets the ‘good moral character’ factor in the naturalization process, which requires a person to engage in moral and ethical conduct for up to five years before applying for citizenship.

The bill would automatically and retroactively undermine that key step in the naturalization process and contends that the aforementioned acts committed post-naturalization act as proof that a person never qualified for citizenship in the first place.

It also has a built-in mechanism to deal with challenges to the legislation in court, specifically to automatically switch out the 10-year window — if found unconstitutional — with a five-year window.

His legislation also has the backing of the White House and was lauded by Stephen Miller, White House deputy chief of staff for policy and President Donald Trump’s Homeland Security advisor.

Prosecutors digging into the sprawling Minnesota fraud scandal estimate upward of $9 billion in stolen funds and have charged several native-Somali residents in connection with the boondoggle.

‘The Somali fraud scandal is one of the greatest financial scandals in American history,’ Miller said. ‘All Somali refugees, or any other immigrants, who have committed fraud against the United States must be immediately denaturalized and deported.’

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(TheNewswire)

Toronto, Ontario TheNewswire – January 19, 2026 Noble Mineral Exploration Inc. (‘Noble’ or the ‘Company’) (TSX-V:NOB, FRANKFURT: NB7, OTCQB:NLPXF) is pleased to announce the results of the first hole drilled in Carnegie Township near Timmins, Ontario, Canada.  The drill program is part of a 5050 partnership with Canada 11530313 Canada Inc. and will include two 500-meter holes that have been located to follow up on drilling done in 2019.  Recent analysis of downhole geophysics from that program indicated that conductors may have been missed and additional down hole geophysics has been done on the new hole (Figure 1).  Heavy snowfall and extreme low temperatures have hampered the drilling but the first hole is now complete, analyses received and down hole surveying done.

In drill hole CG-25-01, a 6.5m section analyzed 0.64% zinc with associated, anomalous values in copper, silver and lead from 141.0 to 147.5 meters down hole (true width not known at this time).  A 1-meter section within the wider section was found to run 1.90% zinc. The anomalous mineralization was found to occur in a weakly laminated sulphide rich graphitic sediment.  Mineralization consisted of about 5% pyrrhotite, with local concentrations of up to 10-15%.  

A Mise à la masse (MALM) survey was competed down hole in the anomalous section.  Mise-a-la-Masse (MALM survey) is a downhole geophysical technique used in exploration and mining to map conductive ore bodies by injecting current directly into them, revealing continuity and shape at surface.


Click Image To View Full Size

 

Figure 1: Mise à la masse (MALM) survey results projected to surface.  Red to pink colours represent the conductive horizon where anomalous zinc, copper, silver and lead values were intersected in hole CG-25-01.

A surficial magnetometer survey was conducted on the same grid as the MALM survey and detected a magnetic anomaly coincident with the MALM anomaly indicating that the zone is both magnetic and electromagnetic (Fig 2).  These properties will make it easier to trace the zone on surface with traditional surface geophysical techniques.


Click Image To View Full Size

 

Figure 2: Surficial magnetic survey over the same zone as the MALM survey.

Hole CG-25-02 is collared about 200m to the northwest to intersect the same zone at about 200-meter vertical depth.

An additional 1000m (2 holes) have been scheduled for Southwest Carnegie Township.

The program is being carried out on lands recently transferred to Canada Nickel but on which Noble retains a 5-year Exploration Right for volcanogenic massive sulphide mineralization and precious metals.

Vance White, President and CEO of Noble, said ‘We are very pleased to get this program started with the support of our partners at 11530313 Canada Inc. The search for mineralization similar to the Kidd Creek Mine continues.’

The technical content of this release has been reviewed and approved by Wayne Holmstead, P.Geo., an independent Qualified Person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

  

About Noble Mineral Exploration Inc.

Noble Mineral Exploration Inc. is a Canadian-based junior exploration company, which has holdings of securities in Canada Nickel Company Inc., Homeland Nickel Inc., East Timmins Nickel Inc. (20%), and its interest in the Holdsworth gold exploration property in the area of Wawa, Ontario.

Noble holds mineral and/or exploration rights in ~70,000ha in Northern Ontario and ~24,000ha elsewhere in Quebec upon which it plans to generate option/joint venture exploration programs.

Noble holds mineral rights and/or exploration rights in ~18,000 hectares in the Timmins-Cochrane areas of Northern Ontario known as Project 81, ~2,215 hectares in Thomas Twp/Timmins, as well as an additional 20% interest in ~38,700 hectares in the Timmins area held by East Timmins Nickel. Project 81 hosts diversified drill-ready gold, nickel-cobalt and base metal exploration targets at various stages of exploration. Noble also holds ~4,600 hectares in the Nagagami Carbonatite Complex and its ~3,200 hectares in the Boulder Project both near Hearst, Ontario.  ~3,700 hectares in the Buckingham Graphite Property, ~10,152 hectares in the Havre St Pierre  Nickel, Copper, PGM property, and ~1,573 hectares in the Cere-Villebon Nickel, Copper, PGM property, ~569 hectare Uranium/Rare Earth property (Chateau), ~461 hectare Uranium/Molybdenum property (Taser North),  ~4,465 hectares REE Mehmet Property, and the ~3300 hectare Gull Lake REE Property all of which are in the Province of Quebec and the ~ 647 hectare Chapiteau REE property in Labrador.

. https://www.noblemineralexploration.com

 Noble’s common shares trade on the TSX Venture Exchange under the symbol ‘NOB’.

 Cautionary Statement

 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. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

The foregoing information may contain forward-looking statements relating to the future performance of Noble Mineral Exploration Inc. Forward-looking statements, specifically those concerning future performance, are subject to certain risks and uncertainties, and actual results may differ materially from the Company’s plans and expectations. These plans, expectations, risks and uncertainties are detailed herein and from time to time in the filings made by the Company with the TSX Venture Exchange and securities regulators.  Noble Mineral Exploration Inc. does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.

 Contacts: H. Vance White, President

Phone:        416-214-2250

Fax:                416-367-1954

Email:        info@noblemineralexploration.com

Investor Relations: info@noblemineralexploration.com       

 

Copyright (c) 2026 TheNewswire – All rights reserved.

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TSXV: DMCU; OTCQB: DMCUF; FSE: 03E) announces the appointment of world-renowned Carbon Replacement Deposit (‘CRD’) expert Dr. Peter Megaw, Ph.D., C.P.G., as a technical advisor to the Company.

Dr. Megaw will be providing strategic and technical advice to senior management and assist Domestic in the ongoing exploration activities on its Smart Creek Copper Porphyry Project in Montana.

Dr. Megaw has a Ph.D. in geology from the University of Arizona and more than 30 years of relevant experience focused on silver and gold exploration in Mexico. He is a certified Professional Geologist by the American Institute of Professional Geologists and an Arizona Registered Geologist. Dr. Megaw has been instrumental in a number of mineral discoveries in Mexico including new ore bodies at existing mines, Excellon Resources’ Platosa Mine, and MAG Silver’s Juanicipio and Cinco de Mayo properties; discoveries for which he was given PDAC’s 2016 Thayer Lindsley Award. Peter is also a Director of Relevant Gold Corp. since 2021.

Gord Neal, CEO of Domestic Metals Corp., commented: ‘We warmly welcome Peter to the Domestic Metals’ team. I have worked closely with Peter before at MAG Silver and New Pacific Metals and admire his insatiable passion for large-scale economical mineral discoveries. Known as a world-renowned CRD expert, we look forward to Peter assisting us with exploration activities at our Smart Creek Copper Project which is proving to be highly indicative of both porphyry and CRD style mineralization.’

Webinar

Following the release of surface sampling results yielding up to 102 g/t Au, up to 23% Cu and up to 3,810 g/t Ag at the Smart Creek Project earlier this month, we have scheduled another webinar for January 22nd to inform you of our follow up plans for Q1. We look forward to you joining us.

When: Thursday, January 22nd at 1.15pm PST, 4.15pm ET, 10.15pm CET
Registration link: https://domestic-metals.eventbrite.com

Opportunity to Meet with Management

We appreciate meeting with our supporters and shareholders in person as well to provide a detailed update and as such are looking forward to seeing you at our booth #1101 at the VRIC in Vancouver on January 25-26, 2026 and booth #3139 at the Investors Exchange at the PDAC, March 1-4, 2026, in Toronto.

About Domestic Metals Corp.

Domestic Metals Corp. is a mineral exploration company focused on the discovery of large-scale, copper and gold deposits in exceptional, historical mining project areas in the Americas.

The Company aims to discover new economic mineral deposits in historical mining districts that have seen exploration in geologically attractive mining jurisdictions, where economically favorable grades have been indicated by historic drilling and outcrop sampling.

The Smart Creek Project is strategically located in the mining-friendly state of Montana, containing widespread copper mineralization at surface and hosts 4 attractive porphyry copper, epithermal gold, replacement and exotic copper exploration targets with excellent host rocks for mineral deposition.

Domestic Metals Corp. is led by an experienced management team and an accomplished technical team, with successful track records in mine discovery, mining development and financing.

On behalf of Domestic Metals Corp.

Gord Neal, CEO and Director
(604) 657 7813

Follow us on:
X, LinkedIn, Facebook and Instagram

For more information on Domestic Metals, please contact:
Gord Neal, Phone: 604 657-7813 or Michael Pound, Phone: 604 363-2885

Please visit the Company website at www.domesticmetals.com or contact us at info@domesticmetals.com.

For all investor relations inquiries, please contact:
John Liviakis, Liviakis Financial Communications Inc., Phone: 415-389-4670

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.

Cautionary Note Regarding Forward-Looking Statements

This news release contains certain statements that may be deemed ‘forward-looking statements’. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words ‘expects’, ‘plans’, ‘anticipates’, ‘believes’, ‘intends’, ‘estimates’, ‘projects’, ‘potential’ and similar expressions, or that events or conditions ‘will’, ‘would’, ‘may’, ‘could’ or ‘should’ occur. Forward-looking statements may include, without limitation, statements relating to the Company’s continued stock exchange listings and the planned exploration activities on properties. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, are subject to risks and uncertainties, and actual results or realities may differ materially from those in the forward-looking statements. Such material risks and uncertainties include, but are not limited to: competition within the industry; actual results of current exploration activities; environmental risks; changes in project parameters as plans continue to be refined; future price of commodities; failure of equipment or processes to operate as anticipated; accidents, and other risks of the mining industry; delays in obtaining approvals or financing; risks related to indebtedness and the service of such indebtedness; as well as those factors, risks and uncertainties identified and reported in the Company’s public filings under the Company’s SEDAR+ profile at www.sedarplus.ca. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements. 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. Forward-looking statements are made as of the date hereof and, accordingly, are subject to change after such date. 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 unless required by law.

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