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Here’s a quick recap of the crypto landscape for March 11 as of 9:00 a.m. UTC.

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

Bitcoin (BTC) was priced at US$69,624.27, down by 1.7 percent over the last 24 hours.

Bitcoin price performance, March 11, 2026.

Chart via TradingView

Ether (ETH) was priced at US$2,022.91, down by 1.6 percent over the last 24 hours.

Altcoin price update

  • XRP (XRP) was priced at US$1.37, down by 2.0 percent over 24 hours.
  • Solana (SOL) was trading at US$85.39, up by 2.1 percent over 24 hours.

Today’s crypto news to know

Oil trading surges on crypto derivatives platform

Volatility in global energy markets is spilling into crypto trading platforms, where oil derivatives have suddenly become one of the most active markets.

On decentralized exchange Hyperliquid, an oil-linked perpetual futures contract tracking West Texas Intermediate crude generated about US$1.32 billion in trading volume over the past 24 hours.

The surge made oil the second-most traded contract on the platform after Bitcoin.

The surge followed the escalation of the US-Israel conflict with Iran, which sent oil prices briefly soaring above US$118 per barrel before retreating. Prior to the conflict, the contract typically saw about US$21 million in daily trading.

Data from Hyperliquid shows Bitcoin still dominates trading activity with roughly US$3.64 billion in daily volume, but the WTI contract has now leapfrogged assets such as Ether, silver, and gold.

Strategy adds nearly 18,000 Bitcoin in US$1.28 billion purchase

Strategy (NASDAQ:MSTR) continued its aggressive accumulation strategy last week, revealing it purchased 17,994 Bitcoin for about US$1.28 billion between March 2 and March 8.

According to a regulatory filing, the company paid an average price of roughly US$70,946 per coin. The latest purchase lifts Strategy’s total holdings to 738,731 Bitcoin, acquired at a combined cost of about US$56.04 billion.

China’s top court warns of tougher penalties for crypto crime

China’s Supreme People’s Court has signaled a harder line against cryptocurrency-related financial crime, pledging stricter penalties for individuals using digital assets to launder money or move funds overseas.

Chief Justice Zhang Jun issued the warning in the court’s annual report to the National People’s Congress, highlighting the growing role of crypto in cross-border financial offenses.

Authorities say the crackdown is part of a broader campaign against technology-enabled crime, which increasingly includes artificial intelligence-driven fraud and coordinated online harassment campaigns known as “human flesh search.”

Despite the ban, enforcement agencies say criminals have continued to exploit digital assets to bypass China’s strict capital controls, which limit individuals to transferring US$50,000 abroad each year.

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

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

This post appeared first on investingnews.com

Tartisan Nickel Corp. (CSE: TN,OTC:TTSRF) (OTCQX: TTSRF) (FSE: 8TA) (‘Tartisan’, or the ‘Company’) is pleased to announce that the Company has acquired four additional claims in the Turtle Pond Area, Northwestern Ontario, approximately 40 km south of Dryden, Ontario. The total property size now consists of 165 staked units covering 3,454 ha. The claims are owned 100% by Tartisan Nickel Corps. wholly owned subsidiary Canadian Arrow Mines Limited.

The claims are located approximately 70 kms east of the Company’s flagship Kenbridge Nickel Deposit. The property is situated in an area of excellent infrastructure and consists of 165 claim units and hosts the historical Glatz, Double E and Night Danger nickel-copper showings.

Previous exploration efforts identified nickel-copper sulphide mineralization in twelve trenches along a 700 metre trend at the Glatz nickel copper showing. The zone, discovered in 1965 by local prospector A. Glatz, is up to 40 metres wide and is open along strike and at depth. Historical grab samples were reported to contain up to 1.95% Ni. In 2007, Canadian Arrow Mines Limited. conducted a surface grab sampling program which produced the following results: 1.28% Ni, 0.26% Cu re Glatz Trench 3; 0.99% Ni, 0.18% Cu re Glatz Trench 3; 0.39% Ni, 4.06% Cu re Trench 4. The mineralization varies from disseminated sulphides to narrow semi-massive sulphide bands. Six short drill holes were completed at that time with hole GZ-09-02 encountering 0.34% Ni, 0.16% Cu and 0.02% Co over 5.9 m from 45.0-50.9 m.

A nickel-copper-PGE discovery on the Double E airborne VTEM anomaly was identified in 2008. The drilling intersected two separate upper and lower mineralized zones in 2 drill holes. Hole EE-09-02 intersected 4.2 metres of 0.81% Ni, 0.52% Cu, 0.20gpt Pt, 0.16gpt P and 0.20gpt Au at a depth of 25.5 metres. This included 2 metres of 1.35% Ni, 0.81% Cu, 0.36gpt Pt, 0.27gpt Pd and 0.31gpt Au. A second zone was intersected at a depth of 135.1 metres containing 8.2m of 0.55% Ni and 0.38% Cu. Hole EE-l0-04 intersected 1.9 metres of 0.51% Ni, 0.24% Cu at a depth of 21.4 metres and a second narrow intersection of 1.9 metres of 0.52% Ni, 0.28% Cu at a depth of 28 metres.

Exploration diamond drilling work completed in 2009 and 2010 on the Night Danger nickel-copper intercepts and reported a nine-metre-wide section of stringers and blebs of sulphide which assayed 0.57% Ni and 0.45% Cu at a drill depth of 79m in hole ND-09-1. Two sections within this interval assayed greater than 1% nickel. Drill hole ND-10-1 intersected 4.53% Ni over 0.7m at a drill depth of 57.5m (Source; MNDM assessment files and Canadian Arrow Mines Limited news release dated June 1, 2010, SEDAR).

From November 28th to December 21st, 2024, a TDEM Geophysical survey was performed on the Turtle Pond Lake Property and was undertaken by Expert Geophysics Limited. Tartisan Nickel Corp. requested this survey for the purpose of determining drill targets and potential future exploration work on The Property.

Mark Appleby, President and CEO of Tartisan stated, ‘The Glatz, Double E and Night Danger nickel-copper showings display similar nickel and copper tenors as what we find near surface at our Kenbridge Nickel Deposit. Acquisition of these additional claims not only shows but also complement the company’s larger objective of developing the Kenbridge Project into a much larger area play. The Company will be formulating an exploration program consisting of surface sampling and potentially diamond drilling in 2026-27.’

Figure 1: Location and Regional Geology of the Turtle Pond Project and Kenbridge Ni-Cu Deposit

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1492/288072_dbc6533574fcd987_002full.jpg

Figure 2: Turtle Pond: Night Danger, Glatz, Double E property outline and Historical Mineral Showings.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1492/288072_dbc6533574fcd987_003full.jpg

Qualified Person

The technical information in this news release has been prepared in accordance with Canadian regulatory requirements as set out in NI 43-101 and reviewed and approved by Dean MacEachern, P. Geo., an Independent Consultant to the Company and a Qualified Person as defined by NI 43-101.

About Tartisan Nickel Corp.

Tartisan Nickel Corp. is a Canadian-based critical minerals exploration and development company which owns, the Kenbridge Nickel Project near Sioux Narrows, Northwestern Ontario, the Sill Lake Silver Project near Sault Ste. Marie, Ontario as well as the Night Danger, Glatz Turtle Pond Project near Dryden, Ontario.

Tartisan Nickel Corp. common shares are listed on the Canadian Securities Exchange (CSE: TN,OTC:TTSRF) (OTCQX: TTSRF) (FSE: 8TA). Currently, there are 152,215,641 shares issued and outstanding (156,287,356 fully diluted).

For further information, please contact Mark Appleby, President & CEO, and a Director of the Company, at 416-804-0280 (info@tartisannickel.com). Additional information about Tartisan Nickel Corp. can be found at the Company’s website at www.tartisannickel.com or on SEDAR at www.sedarplus.ca.

This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/288072

News Provided by TMX Newsfile via QuoteMedia

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Palo Alto-based startup Rhoda AI announced that it has raised US$450 million in a Series A funding round, valuing the company at about US$1.7 billion.

The company plans to use the capital to expand development and deployment of artificial intelligence systems designed to train robots using internet-scale video data.

The round was led by Premji Invest and included investors such as Khosla Ventures, Temasek Holdings, and venture capitalist John Doerr.

Rhoda emerged from 18 months in stealth while unveiling its robotics platform, designed to enable machines to operate more effectively in complex and unpredictable industrial environments.

Chief executive Jagdeep Singh said the method helps robots adapt to unfamiliar conditions that might otherwise disrupt traditional models.

“We believe the next era of robotics requires models that understand how the world moves — not just what it looks like or how it’s described in language,” Singh said in a recent press release. The goal is simple: robots that work in the real world, not just controlled lab settings.”

The company calls its system a Direct Video Action model, which continuously observes its surroundings, predicts how the environment may change, and translates those predictions into robotic actions in real time.

According to Rhoda, the system updates its decisions every few hundred milliseconds in a closed feedback loop, allowing robots to adjust as conditions evolve.

“We believe the next era of robotics requires models that understand how the world moves — not just what it looks like or how it’s described in language,” Singh said. “By learning from internet-scale video and operating in closed loop, our systems are designed to adapt to real-world variability in ways conventional approaches struggle to achieve.”

Traditional robotics AI models are typically trained using teleoperation data, where human operators remotely control robot movements to generate training examples.

While effective in controlled settings, this method can limit how much data is available for robots to learn from. Rhoda’s approach instead uses millions of publicly available internet videos to teach robots about physical movement, object interactions and real-world dynamics.

The company then combines this large-scale video training with smaller amounts of robotic data to refine how machines execute tasks.

The company said its technology has already been tested in industrial settings using off-the-shelf robotic hardware inside an automotive manufacturing facility.

Rhoda plans to license its software platform to industrial customers and is also developing its own robotics hardware, including humanoid robots, to ensure the technology can operate effectively in production environments.

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

This post appeared first on investingnews.com

Global energy officials are weighing the largest coordinated release of emergency oil reserves ever proposed as supply disruptions linked to the ongoing Middle East conflict continue to disrupt global markets, according to an exclusive report by the Wall Street Journal.

Officials familiar with the discussions said the International Energy Agency (IEA) has circulated a proposal among its 32 member countries to release crude from strategic reserves in an effort to stabilize surging prices following the near-total disruption of tanker traffic through the Strait of Hormuz.

The proposed drawdown would exceed the 182 million barrels released in two coordinated actions in 2022 after Russia’s invasion of Ukraine. Member countries are expected to decide on the plan Wednesday (March 11) during an emergency consultation convened by the agency.

Oil markets strained by Gulf supply disruption

The Strait of Hormuz, a narrow maritime corridor connecting the Persian Gulf to international markets, normally carries roughly one-fifth of the world’s daily oil supply.

However, continuous attacks on passing tankers and the escalating security risk in the region have brought shipments through the waterway close to a halt.

Since the US and Israel launched strikes on Iran in late February, crude prices have surged sharply amid fears of a prolonged supply shock. Oil briefly climbed above US$100 per barrel and at one point approached US$120 before retreating as markets reacted to the developing conflict.

Map of the Strait of Hormuz, with surrounding countries.

Fajar / Adobe Stock

Despite the pullback, the price of refined fuels such as diesel has continued to rise, raising concerns about broader economic fallout. Economists warn that sustained high energy prices could drive inflation higher, pressuring financial markets and increasing fuel costs for consumers worldwide.

IEA Executive Director Fatih Birol said global oil markets have deteriorated significantly in recent days.

“In oil markets, conditions have deteriorated in recent days,” Birol said in an IEA statement following a meeting of G7 energy ministers at the agency’s Paris headquarters.

“In addition to the challenges of transit through the Strait of Hormuz, a substantial amount of oil production has been curtailed. This is creating significant and growing risks for the market.”

The IEA was created in 1974 in response to the Arab oil embargo and coordinates emergency actions among industrialized nations when major supply disruptions threaten global energy security.

Member countries currently hold more than 1.2 billion barrels of government-controlled emergency oil reserves, along with roughly 600 million barrels of mandatory industry stocks.

Together, those inventories represent about 124 days of lost supply from the Gulf, based on current estimates.

G7 backs potential emergency measures

Energy ministers from the Group of Seven (G7) major economies signaled support for the use of strategic reserves if necessary to stabilize markets.

“Working alongside the IEA, we are vigilantly monitoring energy market trends and are coordinating within the G-7 and with our international partners, IEA member countries, and beyond,” the ministers said in a joint statement as reported by Bloomberg.

They added that the group supports “the implementation of proactive measures to address the situation, including the use of strategic reserves.”

Markets have already responded to the possibility of a coordinated release. Brent crude briefly dropped below US$90 per barrel earlier this week as reports emerged that governments were considering tapping stockpiles.

But oil prices resumed climbing in Asian trading on Wednesday as traders weighed how long Middle Eastern supply disruptions could last.

Production across several Gulf states has already begun to decline as exporters struggle to ship crude through the threatened shipping lane. Major producers in the region have reportedly cut output by more than five million barrels per day as storage facilities fill and tankers remain unable to load cargo.

Meanwhile, some governments have started preparing their own emergency responses even before a coordinated decision is reached. Japan said it plans to release oil reserves as early as Monday (March 16) to offset expected supply disruptions.

Tokyo intends to release 15 days’ worth of privately held oil reserves and one month of government stockpiles while also drawing on joint reserves held with oil-producing nations.

Markets react to extreme volatility

Energy analysts say the prospect of coordinated stockpile releases has already begun influencing market behavior.

“Crude oil closed slightly below the US$100 mark after spiking to nearly US$120 per barrel earlier today,” Tullis said. “Helping to bring prices back down were reports that the G7 countries are considering releasing 300-400 million barrels in total from their strategic reserves.”

For instance, the IEA coordinated a record release of emergency reserves in 2022 after Russia’s invasion of Ukraine.

Although prices initially rose as traders interpreted the move as a sign of a severe crisis, the additional supply later helped ease market pressure.

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

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South African gold producer Pan African Resources (LSE:PAF) has agreed to acquire Australian explorer Emmerson (LSE:EML) in an all-share transaction valued at approximately US$218 million.

The acquisition will be carried out through a scheme of arrangement under which Pan African will acquire 100 percent of Emmerson’s issued share capital.

Under the terms of the deal, Emmerson shareholders will receive 0.1493 Pan African shares in the form of ASX-listed Chess Depositary Interests for each Emmerson share held. Following completion of the transaction, Emmerson shareholders will own about 4.24 percent of the combined company.

The deal consolidates ownership of the Tennant Creek joint venture, where Pan African is currently partnered with Emmerson to explore and develop gold deposits across a large tenement package in Australia’s Northern Territory.

“This combination with our trusted JV partner represents a strategically logical consolidation of our Tennant Creek tenement package,” Emmerson chair Mark Connelly said in a company press release.

Tennant Creek, located between Alice Springs and Darwin, is one of Australia’s historic gold districts, known for high-grade deposits discovered during a mining boom in the 1930s.

Pan African chief executive Cobus Loots said the acquisition would allow the company to streamline development plans for new discoveries in the district, including the White Devil gold deposit.

The company currently operates a mix of low-cost surface operations and high-grade underground mines across South Africa and Australia. It is forecast to produce more than 275,000 ounces of gold in the 2026 financial year.

Pan African’s resource base totals approximately 42.9 million ounces of mineral resources and 13 million ounces of ore reserves, providing a long-term pipeline for production growth.

Loots said diversification is essential in the mining industry, where individual assets inevitably decline over time.

“In mining you are exploiting a wasting asset – so you’re either moving backwards or you’re progressing,” Loots told Currency in a recent interview. “We don’t want to move backwards.”

The transaction remains subject to several conditions, including shareholder approval and customary regulatory clearances.

A shareholder vote is expected to take place in mid-2026, with completion anticipated shortly thereafter if the scheme is approved.

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

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President Donald Trump’s pick to lead the Department of Homeland Security (DHS) has a confirmation hearing ready to go, and he will have to reckon with an intraparty feud in the process.

Sen. Markwayne Mullin, R-Okla., will soon undergo the rigorous confirmation process in the Senate after being tapped by Trump to replace embattled DHS Secretary Kristi Noem.

He will first go through the Senate Homeland Security and Governmental Affairs Committee before heading to a full confirmation vote in the Senate.

Sen. Rand Paul, R-Ky., who chairs the Homeland Security panel, wants to hold Mullin’s hearing next week. The White House formally sent over Mullin’s nomination to the Senate on Monday, according to the congressional record.

‘We’re shooting for a week from Wednesday if all the paperwork comes in,’ Paul said.

But Mullin and Paul have a personal rift that could spill out into the confirmation hearing.

In February, Mullin slammed Paul during an event with voters for his perennial votes against Republican priorities, like spending bills or other elements of Trump’s agenda, such as the ‘big, beautiful bill’ last year.

Oklahoma reporter David Arnett reported in a lengthy profile of Mullin that, during the event, the lawmaker was asked about an amendment to a spending package from Paul that he voted against.

Mullin warned that Paul was ‘trying to kill the farm bill because he’s trying to legalize hemp for drinks in Kentucky because of tobacco industry shifts,’ and then went after Paul’s voting history before taking a jab at the 2017 incident in which the Kentucky Republican was attacked by his neighbor over a lawn dispute.

‘I respect Bernie Sanders because he’s an open socialist, and you know that he’s a communist, so you know what you’re getting,’ Mullin said. ‘Rand Paul’s a freaking snake. And I understand completely why his neighbor did what he did. And I told him that to his face.’

That slight at Paul may come to bear during his confirmation hearing, but Mullin is expected to easily move through that first hurdle, given that most Republicans on the panel will back him, and he has the support of Sen. John Fetterman, D-Pa.

Paul shrugged off the incident on Monday when he told reporters, ‘I’m going to reserve judgment now, and we’ll probably find out a lot more.’

‘I would suggest coming to the hearing, though,’ Paul said. ‘I think it’ll be interesting.’

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Supreme Court Justices Ketanji Brown Jackson and Brett Kavanaugh had a dispute over the high court’s approach to its emergency docket in a rare, candid discussion during an event Monday night.

Jackson, a Biden appointee, signaled that the high court’s willingness to side with President Donald Trump most of the time when it comes to the emergency docket, sometimes known as the ‘shadow docket,’ was a ‘problem.’ The liberal justice is one of three, and all have frequently sided against Trump in emergency decisions, which have often broken 6-3 in favor of the president.

‘The administration is making new policy … and then insisting the new policy take effect immediately, before the challenge is decided,’ Jackson said, according to reports from The Associated Press and NBC News. ‘This uptick in the court’s willingness to get involved in cases on the emergency docket is a real unfortunate problem.’

Jackson said: ‘It’s not serving the court or this country well.’

Kavanaugh, a Trump appointee, countered that the Supreme Court’s approach to emergency requests was not unique to the Trump administration and that the high court handled the Biden administration the same way despite there being fewer interim requests under the former president.

Kavanaugh said presidents ‘push the envelope’ more with executive orders because Congress is passing less legislation.

‘Some are lawful, some are not,’ Kavanaugh said, later adding, ‘None of us enjoy this.’

The pair spoke in a courtroom during an annual lecture honoring the late Judge Thomas Flannery of the U.S. District Court of Washington, D.C., while several federal judges, including high-profile ones like Judge James Boasberg, looked on.

Jackson’s criticism is not new; she has been perhaps the most vocal dissenter in emergency docket cases.

In August, she lambasted the Supreme Court majority for ‘lawmaking’ from the bench in a dissent to an emergency decision to temporarily allow the National Institutes of Health’s cancellation of about $738 million in grant money.

‘This is Calvinball jurisprudence with a twist. Calvinball has only one rule: There are no fixed rules. We seem to have two: that one, and this Administration always wins,’ Jackson wrote.

The Trump administration has faced hundreds of lawsuits and adverse rulings in the lower courts, and the Department of Justice’s solicitor general’s office, which represents the government before the Supreme Court, often does not elevate cases to that level.

Such emergency requests allow the government to bypass the lengthy court process, involving extensive briefings and oral arguments, to seek immediate relief in the face of restraining orders and injunctions in the lower courts.

The Trump administration has brought about 30 emergency applications to the Supreme Court and secured victories about 80% of the time, according to the Brennan Center for Justice.

Through the emergency docket, the Supreme Court has greenlit Trump’s mass firings and curtailed nationwide injunctions. The high court has also cleared the way for deportations and immigration stops viewed as controversial by critics of the administration. The justices have also found that the government can, for now, discharge transgender service members from the military.

But Trump has not won out all the time by taking this route. The justices required the administration to give more notice to alleged illegal immigrants being deported under the Alien Enemies Act and agreed with a lower court that the president improperly federalized the National Guard as part of his immigration crackdown in Chicago.

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President Donald Trump, who rode promises of affordability back to the White House, is now confronting Iran-driven volatility that’s undermining that message as fuel costs rise nationwide — and putting fresh pressure on Republicans heading into the midterms.

With the Iran conflict rattling oil markets and raising fears of supply disruptions, gas prices are climbing again, squeezing Americans already worn down by inflation.

This week, oil prices surged past $100 a barrel for the first time since 2022 as fallout from the U.S.-Israeli conflict with Iran continued to roil global markets and investors priced in the risk of tighter supply. 

With oil higher, gasoline and diesel prices are rising fast.

The national average gas price climbed to $3.53 per gallon, up 59 cents over the past week, according to GasBuddy. Diesel prices also jumped, with the national average up 97 cents to $4.72 per gallon.

With control of Congress at stake, uneven gas price spikes are becoming a new midterm flashpoint, especially in hard-hit battleground states. 

The steepest week-over-week increases were in Indiana (up 58 cents), Florida (up 57 cents), Michigan (up 55 cents), Ohio (up 54 cents), and California (up 51 cents).

The lowest average prices were in Kansas ($2.90), Oklahoma ($2.95) and Arkansas ($2.98), while the highest were in California ($5.14), Washington ($4.58), and Hawaii ($4.33) — a regional divide that could sharpen midterm attacks over energy costs and inflation.

That kind of pocketbook pressure is exactly what Democrats have been eager to exploit. Last fall, Democrats leaned heavily on affordability themes in state and local elections, and it paid off.

In places like Virginia, New York and New Jersey, where voters have been squeezed by high housing costs and utility bills, Democratic candidates seized on Trump’s early economic moves, including his trade policy, to argue that his policies were worsening the affordability crisis rather than easing it.

They promised to rein in energy costs, expand affordable housing and protect middle-class wages, a message that resonated with voters.

With the ongoing conflict driving gasoline prices higher, the White House is weighing steps to protect shipping lanes in the Strait of Hormuz and keep prices from climbing further. That waterway is critical to global energy supply.

The Strait of Hormuz, a narrow passage between Iran and Oman, carries roughly 20 million barrels of oil a day and about one-fifth of the global supply of liquefied natural gas (LNG). 

When conflict flares in the region, even the threat of disruption can rattle markets because so much of the world’s energy moves through that single corridor.

Asked about the risk of disruptions, Trump said Monday evening he would keep the route open and threatened retaliation if Iran tried to interfere.

‘I will not allow a terrorist regime to hold the world hostage and attempt to stop the globe’s oil supply. And if Iran does anything to do that, they’ll get hit at a much, much harder level,’ Trump said during a press conference in Florida.

‘In the long run, oil supplies will be dramatically more secure without the threat of Iranian ships, drones, missiles,’ he added.

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War Secretary Pete Hegseth said Tuesday that Russia ‘should not be involved’ in the escalating conflict between the United States, Israel and Iran, even as analysts point to Russian military activity that aligns with reports Moscow may be aiding Tehran.

‘The president maintains strong relationships with world leaders, which creates opportunities and options for us in very dynamic ways,’ Hegseth said when asked about President Donald Trump’s recent call with Russian President Vladimir Putin. 

But as it relates to the Middle East conflict, he added, Russia ‘should not be involved.’

The administration’s messaging comes amid reports that Russia has provided information that could help Iran identify U.S. military assets in the Middle East. Moscow has not publicly confirmed the claims. 

Intelligence assessments have reportedly said Russia provided Iran with information that could help identify the locations of American warships, aircraft and other military assets. Officials reportedly stressed there is no public evidence that Moscow is directing Iranian strikes, but said the information could assist Tehran’s targeting efforts.

The scope, timing and operational impact of that information have not been publicly detailed.

While there is no public evidence definitively proving Russia is providing real-time targeting data, George Barros, a Russia expert at the Institute for the Study of War, said open-source indicators are consistent with the type of support described in the reports.

Barros pointed to Russian military reconnaissance satellites, including Cosmos-2550, a radar and electronic signature spacecraft that recently passed over the Persian Gulf and Arabian Sea — areas where U.S. forces have been operating.

‘They’re specialized for naval reconnaissance and detecting ships, because the radar signature off the water really pings it quite well,’ Barros said. ‘These are known capabilities of the Russians.’

Such radar systems can detect maritime targets and electronic emissions that reveal force positioning. Barros said those capabilities align with known gaps in Iran’s own space-based intelligence collection.

Although he cautioned that he does not have dispositive proof of real-time targeting support, Barros said the convergence of Russian reconnaissance capabilities, satellite positioning and reported cooperation ‘makes total sense.’

Trump on Monday described his recent conversation with Putin as ‘very good’ and ‘constructive,’ saying the Russian leader ‘wants to be very constructive.’ Trump suggested Moscow could be more helpful by helping bring the war in Ukraine to an end.

Iran’s foreign minister, Abbas Araghchi, acknowledged over the weekend that Russia is assisting Iran ‘in many different directions’ in its war with the United States and Israel. Pressed on whether that includes intelligence sharing, Araghchi said, ‘They are helping us in many different directions,’ but added, ‘I don’t have any detailed information.’

Beyond intelligence collection, analysts say battlefield patterns suggest tactical cross-pollination between Russia and Iran. 

During the war in Ukraine, Iran supplied Russia with Shahed one-way attack drones, which Moscow deployed extensively against Ukrainian cities and infrastructure. Over time, Russian forces refined strike packages combining drones, cruise missiles and ballistic missiles to overwhelm integrated Western air defense systems.

‘The Russians got really, really good at learning how to launch drones against integrated Western air defense systems,’ Barros said.

Those lessons, he said, appear to have informed Iranian strike tactics in the Middle East, where Tehran has launched large-scale combined missile and drone attacks against U.S. and allied targets.

If confirmed, Barros argued, intelligence sharing that materially supports Iranian targeting would amount to Moscow acting as a ‘co-belligerent.’

‘The Russians are coming out with Iran as a co-belligerent,’ he said, adding that the Kremlin has long viewed the United States as a geopolitical adversary.

At the same time, Russia remains constrained in how far it can go. 

Russian ground forces are tied down in Ukraine and are not in a position to deploy to assist Iran. Analysts say any Russian support is far more likely to come in the form of intelligence sharing, technology transfers or drone production rather than boots on the ground.

One potential avenue involves drone manufacturing.

Russia operates large-scale Shahed-derived drone production facilities that were initially enabled by Iranian technology transfers. If Iran’s domestic drone factories are degraded by strikes, Russian production could theoretically help sustain Tehran’s aerial campaign, though there is no confirmed evidence that such transfers are occurring.

Defense officials have publicly downplayed the operational impact of any reported Russian assistance, saying U.S. commanders are tracking foreign intelligence activity and factoring it into planning.

The contrast between Trump’s characterization of Putin as ‘constructive’ and Hegseth’s warning that Russia should stay out of the conflict underscores the delicate balance the administration is attempting to strike — pursuing diplomacy in Ukraine while confronting the possibility of deeper cooperation between Moscow and Tehran in the Middle East.

For now, analysts say the evidence stops short of conclusive proof. But the alignment of Russian reconnaissance capabilities, battlefield tactics refined in Ukraine and Tehran’s own acknowledgment of assistance has intensified scrutiny of Moscow’s role as the regional war unfolds.

Russia has not publicly responded to the allegation of intelligence sharing with Iran, but has broadly called for de-escalation of the conflict. 

The Russian embassy could not immediately be reached for comment.

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Highlights: Dolphin Area continued infill drilling demonstrates potential for higher grade within the main resource area and at depth with notable intercepts including:

  • 2.41 g/t Au over 18.9m
  • 1.46 g/t Au over 88.4m
  • 3.09 g/t Au over 40.8m
  • 2.94 g/t Au over 58.4m

The width refers to drill hole intercepts; true width cannot be determined due to the uncertain geometry of mineralization.

VANCOUVER, BC, March 10, 2026 /CNW/ – Freegold Ventures Limited (‘Freegold’) (TSX: FVL,OTC:FGOVF) (OTCQX: FGOVF) is pleased to report results from six additional drill holes completed at its Golden Summit project. Of these, three were drilled in the Dolphin area and three in the Cleary area. The results from these holes continue to demonstrate robust continuity of mineralization throughout the resource area.  Notably, the Dolphin area results indicate the potential for higher-grade mineralization within the main resource zone. These results also provide further validation of the current resource model, confirming both its reliability and the potential for further growth at Golden Summit.

Both the already substantial size and exploration potential of the Golden Summit project clearly indicate that multiple development strategies can be pursued. Building on the success of the 2025 program, the 2026 drill program will continue to focus on tightening drill spacing to enhance the grade of the resource estimate prior to the pre-feasibility study (PFS). In addition, geotechnical and supplementary metallurgical test holes will also be drilled. Pilot-scale testing on a sample representative of the Golden Summit deposit is complete, and a flotation concentrate has been produced from a 1,500 kg sample collected from 12 drill holes. This concentrate, which is less than 4% of the original material, will undergo additional testing to refine the preferred oxidation or treatment process and determine the most effective processing methods during the PFS. So far, the prior oxidation test work has been highly successful, showing that total gold recoveries of over 90% are achievable. Tailings from locked-cycle flotation tests using the same flowsheet as the pilot plant have been analyzed for environmental characterization, including Acid Base Accounting (ABA) and Toxicity Characteristic Leaching Procedures (TCLP).  Tailings from the flotation-based flowsheet have been classified as low risk for acid generation due to the removal of sulphur and the presence of significant amounts of calcium carbonate. More specifically, results showed the Neutralization Potential to Acid Generating Potential ratio (NPR) of the flotation tailings was significantly above what is typically classified as non-acid generating. While maximizing recovery and NAV remain the priority, the project’s substantial resource base may permit a simpler processing flow sheet, which could lower both upfront capital and operating costs. This option will also be considered.

Two drill rigs are currently in operation, and a third crew is scheduled to arrive later this week. An additional three rigs will be deployed over the next six weeks to accelerate the completion of the drill program

Dolphin Area
Drilled to continue to evaluate zones of higher grade in the central Dolphin Area, Hole GSDL2537 demonstrates strong mineralized continuity as well as increased grade intersecting 2.41 g/t Au over 18.9m as well as 1.46 g/t Au over 88.4m.              

Hole

Depth (m)

Dip (°)

Azimuth (°)

From (m)

To (m)

Interval (m)

Au (g/t)

GS2537

706.2

-90

0

82.6

90.5

7.9

1.74

114.6

120.7

6.1

6.60

172.2

191.1

18.9

2.41

249

282.6

33.6

1.36

367.9

377

9.1

1.32

386.2

412.1

25.9

0.72

471.5

559.9

88.4

1.46

641

643.4

2.4

22.06

Hole GS2542
Hole GS2542 was strategically drilled in the central portion of the Dolphin area, with the primary objective of evaluating the potential for higher-grade mineralization within the central Dolphin Zone. The results from this drill hole confirm zones of higher-grade mineralization.

Several noteworthy higher-grade intercepts were encountered in hole GS2542. These results again highlight the potential to delineate distinct zones of higher-grade mineralization within the broader resource area. Significant intercepts include:

  • 1.70 g/t Au over 48.8 metres
  • 3.09 g/t Au over 40.8 metres

The presence of these intervals supports ongoing efforts to define and expand the resource’s higher-grade components.

Hole

Depth (m)

Dip (°)

Azimuth (°)

From (m)

To (m)

Interval (m)

Au (g/t)

GS2542

773

-80

0

13.4

102.4

89.0

0.71

120.7

166.4

45.7

0.86

212.1

260.9

48.8

1.70

370.6

393.8

23.2

1.05

519.6

553.5

33.9

1.07

570.6

611.4

40.8

3.09

GS2544
Hole GS2544 was drilled vertically in the northwest Dolphin area to evaluate the depth potential towards the northwest section of the main resource.

Results were highly encouraging, intersecting higher gold grades in the northwest portion of the main deposit and to depth. Several higher-grade gold intercepts were identified in the drill core, including:

  • 2.94 g/t Au over 21.9 metres
  • 2.34 g/t Au over 23.4 metres
  • 2.94 g/t Au over 58.4 metres

Based on these promising results, further drilling is planned for the northwest Dolphin area to continue evaluating the resource potential at depth and laterally.

Hole

Depth (m)

Dip (°)

Azimuth (°)

From (m)

To (m)

Interval (m)

Au (g/t)

GS2544

598.3

-90

0

201.1

215

13.9

5.17

incl

208.5

209.8

1.3

46.53

257.5

266

8.5

1.45

273.2

295.1

21.9

2.94

321.9

344

22.1

1.09

379.2

427.5

48.3

0.85

447.6

471

23.4

2.34

507.6

566

58.4

2.94

Incl

509

510.9

1.9

44.43

Cleary Area
Three holes were drilled in the Cleary Area. Holes GS2538 and GS2543 were drilled in the north-eastern part of Cleary, aiming to fill the area to the northeast. Hole GS2539 was drilled in the western section of the Cleary area and intersected several zones of higher-grade mineralization, including 1.41 g/t Au over 45.6 m and another 2.02 g/t Au over 15.2 m. There remains significant potential for expansion within the Cleary Area, especially to the southeast and towards the newly discovered Tamarack area, which is located 400 metres to the east.

Hole

Depth (m)

Dip (°)

Azimuth (°)

From (m)

To (m)

Interval (m)

Au (g/t)

GS2538

666.5

-70

0

331.3

355.7

24.4

1.35

Hole

Depth (m)

Dip (°)

Azimuth (°)

From (m)

To (m)

Interval (m)

Au (g/t)

GS2539

718.4

-70

0

53.6

63.1

9.5

6.28

358.8

361.8

3

13.50

425.5

471.1

45.6

1.41

511.6

547.7

36.1

0.78

581.3

596.5

15.2

2.02

Hole

Depth (m)

Dip (°)

Azimuth (°)

From (m)

To (m)

Interval (m)

Au (g/t)

GS2543

529.4

-75

0

12.2

23.2

11

1.06

300.8

319.4

18.6

1.36

2025/2026 Exploration Program Objectives
The objective of the current exploration program at Golden Summit is to advance the understanding of the mineralized zones within the project area with a particular emphasis on the western and eastern extensions of the existing resource. A major focus is to identify and delineate higher-grade corridors within the mineralized zones. Locating these corridors is a key priority, as their presence is expected to positively impact the project’s economics by potentially increasing the resource grade. The exploration program also includes geotechnical drilling, further metallurgical test work, and additional supporting studies to advance the overall project.  Drilling will target the WOW, Dolphin, and Cleary Hill areas, as well as the recently discovered Tamarack zone. As the season progresses, additional drilling is planned east of the main resource zone. This ongoing work is intended to further expand and refine the resource base, supporting the continued advancement and development of the Golden Summit project. Golden Summit’s history of gold occurrences, previous placer production, and its current resource base collectively highlight the project’s potential to evolve into a district of its own within an already prolific gold-producing area.

Plan Map and Section 479050E

https://freegoldventures.com/site/assets/files/6287/sn-e479050-dh-geol-with-2531.jpg
https://freegoldventures.com/site/assets/files/6287/nr-2025-drilling-20260309.jpg

Drilling concluded in mid-December with a total of 63 holes completed. Analytical work, including cutting and sampling of the remaining drill holes, is ongoing, with further results to be reported upon validation. 19 holes remain to be reported. Since 2020, Golden Summit has grown into one of North America’s largest undeveloped gold resources through targeted drilling campaigns, model improvements, and enhanced understanding of mineralization controls. Positive metallurgical results have advanced the project, with recovery rates exceeding 90% using sulphide-oxidizing techniques, including BIOX®, POX, and the Albion Process. The GlassLock Process has also been tested, increasing the gold grade in the concentrate and reducing arsenic content, enabling direct-to-smelter sales.

As of July 2025, Golden Summit resources include an Indicated Primary Mineral Resource of 17.2 million ounces at 1.24 g/t Au and an Inferred Primary Mineral Resource of 11.9 million ounces at 1.04 g/t Au, using a 0.5 g/t cut-off grade and a gold price of $2,490. Ongoing cutting, sampling, and analytical work support an updated mineral resource estimate, which will incorporated into the upcoming Pre-Feasibility Study (PFS).

Analytical Program and QA/QC
HQ Core is logged, photographed and cut in half using a diamond saw, and one-half is placed in sealed bags for preparation and subsequent geochemical analysis by ALS’s facilities in Vancouver and Thunder Bay. Core samples were delivered to ALS’s facility in Vancouver, Canada, where each sample was crushed to 70% passing a 2 mm (Tyler 9 mesh, U.S. Std. No. 10) screen.  A representative ~500 g subsample was obtained by riffle splitting (SPL-32a) and analyzed for gold using ALS method Au-PA01, (Photon Assay) which provides a detection range of 0.03 to 350 ppm, in Thunder Bay. In addition, a subsample was analyzed for multi-element geochemistry using ALS method ME-ICP61 (34-element, four-acid ICP-AES).

A QA/QC program includes laboratory and field standards inserted every ten samples. Blanks are inserted at the start of the submittal, and at least one blank every 25 standards.

Qualified Person and Disclosure
Alvin Jackson, P.Geo., Vice President of Exploration and Development for Freegold, is the Qualified Person responsible for the scientific and technical disclosure in this release.

About Freegold Ventures Limited
Freegold is a TSX-listed company focused on exploration activities in Alaska.

For further information, contact
Kristina Walcott, President and CEO, 
at 1.604.662.7307 
or jkw@freegoldventures.com.

This press release contains statements that constitute ‘forward-looking information’ (collectively, ‘forward-looking statements‘) within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this press release. Any statement that discusses predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as ‘expects’, or ‘does not expect’, ‘is expected’, ‘anticipates’ or ‘does not anticipate’, ‘plans’, ‘budget’, ‘scheduled’, ‘forecasts’, ‘estimates’, ‘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 to occur or be achieved) are not statements of historical fact and may be forward-looking statements. Forward-looking statements contained in this press release, include, without limitation, statements regarding advancing the Golden Summit Project and other exploration plans and results of any drill programs, statements regarding the timing for and expected completion of a pre-feasibility study, the results of any environmental initiatives or metallurgical testing and any development, or drilling. In making the forward-looking statements contained in this press release, the Company has made certain assumptions. Although the Company believes that the expectations reflected in forward-looking statements are reasonable, it can give no assurance that the expectations of any forward-looking statements will prove to be correct. Known and unknown risks, uncertainties, and other factors may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: availability of financing; delay or failure to receive required permits or regulatory approvals; and general business, economic, competitive, political and social uncertainties. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this press release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements or otherwise. See Freegold’s Annual Information Form for the year ended December 31, 2024, filed under Freegold’s profile at www.sedarplus.com, for a detailed discussion of the risk factors associated with Freegold’s operations.

SOURCE Freegold Ventures Limited

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