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Fauro Property Delivers Multiple Multi-Ounce Gold Assay Hits

Sankamap Metals Inc. (CSE: SCU) (‘Sankamap’ or the ‘Company’) is pleased to announce assay results from its Oceania Project on the Fauro Property. The preliminary exploration program on Fauro’s 24,000-hectare (‘Ha’) property located in the Shortland Islands, Western Province, Solomon Islands, included grab samples during a November 2025 site visit. These samples returned multiple high-grade gold (Au) and silver (Ag) results at the Meriguna Target, including up to 116 grams per tonne (gt) Au and 87.5 gt Ag.

CEO, John Florek, commented:

‘Once again, our work at the Fauro Property has delivered very high-grade results. At Meriguna, about 2.5 kilometres north of the Kiovakse target, which previously returned exceptional gold and copper values (see press release dated July 16, 2025), we continue to see compelling evidence of a robust mineralized system.

The scale of mineralization and the strength of the grades encountered across the property underscore its significant discovery potential. Importantly, multiple analogous geophysical signatures along the rim of the caldera remain untested, providing substantial upside as we advance our exploration program.’

Highlights

  • Meriguna returned several high-grade gold values, of up to 116 g/t Au, and an average grade of 16.4 g/t Au across all rock samples.

  • Silver values show a strong correlation with gold, returning assays of up to 87.5 g/t Ag.

  • Visible gold was identified throughout the property in surface alluvial workings from local artisanal miners at the Meriguna Prospect.

  • Meriguna and the Kiovakse target demonstrate strongly comparable alteration and mineralized signatures highlighting the potential scale and continuity of mineralization across the area.

  • The team is advancing and refining mineralized zones to generate high-priority drill target.

  • A phased 2026 exploration program will continue systematic sampling to validate historical results, followed by targeted geophysical surveys. All data will be integrated to design a focused drill program aimed at confirming historical intersections and testing extensions of mineralization that remain open at depth and along strike.

Discussion of Results

The Meriguna target at the Fauro Property continues to deliver highly encouraging results and is located approximately 2.5 km from the Kiovakse target, highlighting the broader prospectivity of the area. The November 2025 site visit successfully validated historical data while generating new geological vectors to refine and prioritize future drill planning. As summarized in the accompanying table (see Table 1), surface sampling returned multiple high-grade gold results, including exceptional assays of up to 116 g/t Au, underscoring the presence of a robust mineralizing system at Meriguna.

These high-grade gold values, together with consistently elevated gold, silver, and copper results from both the Meriguna and nearby Kiovakse targets, underscore the effectiveness of the Company’s focused and systematic exploration strategy. Collectively, the results support the presence of a strong epithermal system and continue to advance multiple high-priority targets across the Fauro Property.

Table of Results

Sample 
ID		 Year Au (g/t) Ag (g/t)
D09101 2025 1.09 <0.5
D09104 2025 2.47 0.6
D09105 2025 1.39 28.2
D09106 2025 13.4 23.3
D09107 2025 4.7 45.3
D09108 2025 0.84 8.5
D09109 2025 0.97 7.5
D09110 2025 3.08 7.9
D09111 2025 7.83 21.4
D09112 2025 81.1 37
D09113 2025 116.0 87.5
D09114 2025 2.09 4.5
D09115 2025 10.5 43.2
Table 1: Select rock samples and assay results collected over the Meriguna Target Area in November, 2025.

 

Figure 1: Fauro tenement boundaries with magnetic overlay and target area locations.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11623/283301_772edf8184f08aaf_001full.jpg

Figure 2: Fauro Property-Meriguna target illustrating historical trench highlights with new sample locations from November, 2025 sampling 

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11623/283301_772edf8184f08aaf_002full.jpg

Figure 3: Selected rock samples from Meriguna target, Fauro. 

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11623/283301_772edf8184f08aaf_003full.jpg

Property Description

The Fauro Property is strategically located along a regional Cu-Au trend hosting major deposits, including Lihir and Panguna1. Fauro shares key tectonic and geological features with these deposits and lies within a largely underexplored region.

1Lihir containing 71 Moz Au:

Proven and Probable: 310 Mt containing 23 Moz Au at 2.3 g/t
Indicated: 520 Mt containing 39 Moz Au at 2.3 g/t
Measured: 81 Mt containing 5 Moz Au at 1.9 g/t
Inferred: 61 Mt containing 4.9 Moz Au at 2.3 g/t

Panguna containing 19.3 Moz Au + 5.3 Mt Cu:

Indicated: 1.5 Mt containing 16.1 Moz Au at 0.33 g/t and 4.6 Mt Cu at 0.3%
Inferred: 300 Mt containing 3.2 Moz Au 0.4 g/t and 0.7 Mt Cu

Next Steps at the Property – 2026 Exploration

Historical drilling, surface sampling, and geophysical work at the Fauro Property have highlighted multiple near-surface epithermal gold systems. Recent rock sampling at the Meriguna Target has confirmed significant surface gold mineralization.

A phased 2026 exploration program will continue systematic sampling to validate historical results, followed by targeted geophysical surveys as warranted. All data will be integrated to design a focused drill program aimed at confirming historical intersections and testing extensions of mineralization that remain open at depth and along strike.

Quality Assurance and Control Procedures

Sample preparation and analysis was completed at the Brisbane, Australia ALS Global Facility accredited by the National Association of Testing Authorities (NATA) and compliant with international standards ISO/IEC 17025. Samples were analyzed using Four acid digestion methods on 34 elements: HF-HNO3-HCIO4 acid digestion, HCL leach and ACP-AES. Gold was analyzed using the Fire Assay technique with a 50g sample under the ALS code Au-AA26. A secure chain of custody procedure was maintained in storing and transporting samples. Sankamap uses industry standards for collecting samples taken on the Fauro property, internal quality assurance and quality control (QAQC) procedures were followed by ALS.

About Sankamap Metals Inc.

Sankamap Metals Inc. (CSE: SCU) is a Canadian mineral exploration company dedicated to the discovery and development of high-grade copper and gold deposits through its flagship Oceania Project, located in the South Pacific. The Company’s fully permitted assets are strategically positioned in the Solomon Islands, along a prolific geological trend that hosts major copper-gold deposits; including Newmont’s Lihir Mine, with a resource of 71.9 million ounces of gold¹ (310 Mt containing 23 Moz Au at 2.3 g/t P+P, 520 Mt containing 39 Moz Au at 2.3 g/t indicated, 81 Mt containing 5 Moz Au at 1.9 g/t measured, 61 Mt containing 4.9 Moz Au at 2.3 g/t Inferred).

Exploration is actively advancing at both the Kuma and Fauro properties, part of Sankamap’s Oceania Project in the Solomon Islands. Historical work has already highlighted the mineral potential of both sites, which lie along a highly prospective copper and gold-bearing trend, suggesting the possibility of further, yet-to-be-discovered deposits.

At Kuma, the property is believed to host an underexplored and largely untested porphyry copper-gold (Cu-Au) system. Historical rock chip sampling has returned consistently elevated gold values above 0.5 g/t Au, including a standout sample assaying 11.7% Cu and 13.5 g/t Au3; underscoring the area’s significant potential.

At Fauro, particularly at the Meriguna Target, historical trenching has returned highly encouraging results, including 8.0 meters at 27.95 g/t Au and 14.0 meters at 8.94 g/t Au4. Complementing these results are exceptional grab sample assays, including historical values of up to 173 g/t Au4, along with recent sampling by Sankamap at the Kiovakase Target, which returned numerous high-grade copper values, reaching up to 4.09% Cu. In addition, limited historical shallow drilling intersected 35.0 meters at 2.08 g/t Au4, further underscoring the property’s strong mineral potential and the merit for continued exploration. With a commitment to systematic exploration and a team of experienced professionals, Sankamap aims to unlock the untapped potential of underexplored regions and create substantial value for its shareholders. For more information, please refer to SEDAR+ (www.sedarplus.ca), under Sankamap’s profile.

  1. Newcrest Technical Report, 2020 (Lihir: 310 Mt containing 23 Moz Au at 2.3 g/t P+P, 520 Mt containing 39 Moz Au at 2.3 g/t indicated, 81 Mt containing 5 Moz Au at 1.9 g/t measured, 61 Mt containing 4.9 Moz Au at 2.3 g/t Inferred)

  2. Bougainville Copper Ltd. Annual Report, 2016 (1.5 Mt containing 16.1 Moz Au at 0.33 g/t and 4.6 Mt Cu at 0.3 % Indicated, 300 Mt containing 3.2 Moz Au 0.4 g/t and 0.7 Mt Cu Inferred)

  3. Historical grab, soil and BLEG samples from SolGold Kuma Review June 2015, and SolGold plc Annual Report 2013/2012

  4. September 2010-June 2012 press releases from Solomon Gold Ltd. and SolGold Fauro Island Summary Technical Info 2012

QP Disclosure

The technical content for the Oceania Project in this news release has been reviewed and approved by John Florek, M.Sc., P.Geol., a Qualified Person in accordance with CIM guidelines. Mr. John Florek is in good standing with the Professional Geoscientists of Ontario (Member ID:1228) and a director and officer of the Company.

ON BEHALF OF THE BOARD OF DIRECTORS,

s/ ‘John Florek’
John Florek, M.Sc., P.Geol
Chief Executive Officer
Sankamap Metals Inc.

Contact:
John Florek, CEO
T: (807) 228-3531
E: johnf@sankamap.com

Krystle Adair, VP Exploration
T: (778) 558-3635
E: krystlea@sankamap.com

The Canadian Securities Exchange has not approved nor disapproved this press release.

Forward-Looking Statements

Forward-Looking Statements Certain statements in this release constitute ‘forward-looking statements’ or ‘forward-looking information’ within the meaning of applicable securities laws including, without limitation, the timing, nature, scope and details regarding the Company’s exploration plans and results at its projects. Such statements and information involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company, its projects, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Such statements can be identified by the use of words such as ‘may’, ‘would’, ‘could’, ‘will’, ‘intend’, ‘expect’, ‘believe’, ‘plan’, ‘anticipate’, ‘estimate’, ‘scheduled’, ‘forecast’, ‘predict’ and other similar terminology, or state that certain actions, events or results ‘may’, ‘could’, ‘would’, ‘might’ or ‘will’ be taken, occur or be achieved. These statements reflect the Company’s current expectations regarding future events, performance and results and speak only as of the date of this release.

Forward-looking statements and information contained herein are based on certain factors and assumptions regarding, among other things, the estimation of mineral resources and reserves, the realization of resource and reserve estimates, metal prices, taxation, the estimation, timing and amount of future exploration and development, capital and operating costs, the availability of financing, the receipt of regulatory approvals, environmental risks, title disputes and other matters. While the Company considers its assumptions to be reasonable as of the date hereof, forward-looking statements and information are not guarantees of future performance and readers should not place undue importance on such statements as actual events and results may differ materially from those described herein. The Company does not undertake to update any forward-looking statements or information except as may be required by applicable securities laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/283301

News Provided by TMX Newsfile via QuoteMedia

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Ghislaine Maxwell pleads Fifth Amendment, dodges questions in House Oversight Epstein probe

The House Oversight Committee’s deposition of Ghislaine Maxwell ended less than an hour after it began on Monday morning, when the convicted accomplice of the late Jeffrey Epstein pleaded the Fifth Amendment.

Maxwell appeared before lawmakers virtually for a closed-door interview in the House bipartisan probe into the federal government’s handling of Epstein’s case.

She is currently serving out a 20-year sentence at a Texas prison.

Both House Oversight Committee Chairman James Comer, R-Ky., and Rep. Ro Khanna, D-Calif., a member of the committee, said they expected Maxwell to plead the Fifth Amendment in the lead-up to her scheduled sit-down.

The former British socialite was found guilty in December 2021 of being an accomplice in Epstein’s scheme to sexually traffic and exploit female minors.

The DOJ said at the time of her sentencing that Maxwell ‘enticed and groomed minor girls to be abused in multiple ways.’

Comer announced lawmakers would hear from Maxwell late last month during a meeting on holding former President Bill Clinton and former Secretary of State Hillary Clinton in contempt of Congress for refusing to appear for his Epstein probe.

‘We’ve been trying to get her in for a deposition. Our lawyers have been saying that she’s going to plead the Fifth, but we have nailed down a date, Feb. 9, where Ghislaine Maxwell will be deposed by this committee,’ Comer said at the time.

Contempt proceedings against the Clintons stalled, however, after they agreed via their attorneys to appear in person on Capitol Hill just days before the full House of Representatives was expected to vote on referring the pair to the Department of Justice (DOJ) for criminal charges.

Comer’s team had been in a back-and-forth with Maxwell’s attorney for months trying to nail down a date for her to speak to committee lawyers.

He agreed to delay her previous planned deposition in August after her lawyer asked him to wait until after the Supreme Court decided whether it would hear her appeal. The Supreme Court turned down Maxwell’s case in October.

She and the Clintons’ depositions are part of the House Oversight Committee’s months-long probe into how the government handled Epstein’s case. 

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JASON CHAFFETZ: 2028 election will be a referendum on our AI-dominated future

Neither party has put a stake in the ground on the issue that will drive the next presidential election cycle. Artificial intelligence is expected to transform the global economy at a dizzying pace, radically reordering nearly every industry and bringing with it unprecedented disruptions in the labor market.

Nobody is prepared to address what could be the biggest issue of 2028. In a recent earnings call, xAI founder Elon Musk described an exciting era of abundance in which AI and robotics take over labor and Americans enjoy what he calls ‘universal high income.’ But that vision raises more questions than it answers.

Where do people go when entire industries shrink? How do we fulfill our need for meaningful work? Who decides how to distribute this ‘universal high income?’ What is the role of higher education? How much government would we need?

As America approaches its 250th anniversary this summer, we celebrate principles of individual liberty, free markets and limited government that have propelled our prosperity for more than two centuries. Are those principles compatible with Musk’s vision of a post-labor economy featuring universal income distribution? 

We have to come to terms with where this AI revolution could take us. In the world of politics, which tends to follow where the winds are blowing, what are the principles that remain timeless? Who do we trust to steer us in these uncertain waters?

Economic incentives are about to shift dramatically. Will free-market Republicans be tempted to become protectionists? Will big government progressives have to embrace deregulation and nuclear energy to protect threatened industries?

I expect every other issue to take a backseat to the looming questions that affect young and old, rich and poor. Traditional political alignments may be turned on their heads. This is too important for us to get it wrong. We can’t just respond reflexively. 

AI may offer Americans a generational opportunity to double down on the foundational principles that historically drove our prosperity. But we can expect strong headwinds pushing us toward revisiting the collectivist experiments that have consistently failed in the past.

The rules are changing. You used to be able to protect your likeness, your works. We had patents, trademarks, boundaries. But now with deepfakes, generative AI and apps that will undress anyone at the touch of a button, we need to come together to establish a better framework of boundaries.

Both parties need to come up with a vision to steer AI toward empowerment, foster independence and amplify human potential rather than erode it. Historical precedents suggest technological advances, though disruptive, ultimately create more opportunities than they destroy.

I’m hopeful that AI will create new roles we cannot yet fully imagine, perhaps allowing workers to focus on strategic and creative roles that machines can’t replicate. AI doesn’t have to be the end of work. It can be the beginning of better work.

Economic incentives are about to shift dramatically. Will free-market Republicans be tempted to become protectionists? Will big government progressives have to embrace deregulation and nuclear energy to protect threatened industries?

But in the process of getting from here to there, we face challenges that will test our resolve and the foundational principles that sustain our past success. AI threatens to create the perfect opportunity for globalists to build the central-planned economy they’ve always wanted.

America is very good at harnessing innovation to foster independence. If we approach this the right way, AI may empower us to innovate — to build a future where every American contributes on their own terms. We know that government doesn’t create jobs. Entrepreneurs do.

The key is not to resist, but to embrace AI as a tool that enhances independence — freeing us for meaningful pursuits like family, community and invention. We can build a future where every American contributes on their terms. For 250 years, these principles have stood the test of time. Instead of resisting progress we need to be directing it to more productive use.

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GOP accelerates Trump judge confirmations as pressure builds to kill Senate blue slip

Senate Republicans confirmed half a dozen of President Donald Trump’s judicial nominees last week, continuing a quick pace to green-light as many of his picks as possible.

While the Senate GOP is moving fast to confirm Trump’s judicial nominees, the president and some of his allies want to see an over-century-old tradition in the Senate that provides bipartisan guardrails to the judicial nomination process be eviscerated.

They contend that the blue slip tradition is slowing down Republicans from being able to confirm picks, and that Democrats are holding the process hostage. 

‘Nuking the blue slip would be a huge mistake,’ Sen. Thom Tillis, R-N.C., told Fox News Digital.

Tillis, like several other Republicans, has argued that the blue slips are a valuable tool of the minority, and that inevitably, the GOP would need to use the tradition to their advantage when Democrats regain control of the upper chamber.

The Senate has confirmed 33 judges since the start of Trump’s second term, a figure that dwarfs the number of total judicial nominees, including U.S. attorneys, district and circuit court judges, moved through the upper chamber during his first go-round in the White House.

During the first year of his first term, the Senate confirmed 19 Article III nominees, including the confirmation of Supreme Court Justice Neil Gorsuch. 

Though Republicans are far ahead of Trump’s first time clip, Democrats under former President Joe Biden still outpaced them in this metric. Biden clocked 42 total judicial nominees confirmed during the first year of his term.

Whether the Senate can outpace Trump’s final total of 234 judicial nominees from his first term remains to be seen, but for now the blue slip appears to be safe. 

Still, Trump sounded off on the practice late last year in the Oval Office, arguing that the GOP should ‘get rid of blue slips, because, as a Republican President, I am unable to put anybody in office having to do with U.S. attorneys or having to do with judges.’

Much of his frustration with the tradition, which has been around for over 100 years in the upper chamber, likely stemmed from the nominations of Alina Habba and Lindsey Halligan getting derailed by blue slips last year.

He’s taken his frustrations out on Senate Judiciary Committee Chair Chuck Grassley, R-Iowa, a vocal proponent of the practice, and other Republicans that want to maintain the tradition. 

Notably, Grassley modified the tradition in 2017 to allow for circuit court judges to skirt the process, further boosting the number of judges Republicans were able to confirm under Trump despite Democratic objections. 

When asked if the Senate’s pace in confirming judicial nominees further affirmed that the blue slip was here to stay, Grassley told Fox News Digital, ‘It doesn’t need to be a present question.’

‘Because it’s a question of 110 years, and everybody in the Senate wants to maintain the blue slip,’ Grassley said.

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As Epstein-linked appointment sparks backlash, UK PM Starmer faces party revolt amid resignation calls

British Prime Minister Keir Starmer is facing one of the most serious crises of his premiership after a cascade of resignations, renewed scrutiny over his decision to appoint Peter Mandelson as Britain’s ambassador to Washington and mounting unrest inside the ruling Labor Party ahead of a critical meeting of members of Parliament Monday evening.

On Monday, Scottish Labor leader Anas Sarwar became the most senior party figure to call for Starmer’s resignation, saying ‘the distraction needs to end and the leadership in Downing Street has to change,’ according to the Associated Press. His intervention piles fresh pressure on the prime minister.

At the center of the crisis are newly publicized materials detailing Mandelson’s links to Jeffrey Epstein, revelations that have reshaped the political stakes and triggered questions about vetting at the highest levels of government. Documents cited by Fox News Digital report Mandelson maintained contact with Epstein after his 2008 conviction, and that Epstein transferred about $75,000 in 2003 and 2004 to accounts connected to Mandelson or his husband.

Morgan McSweeney, Starmer’s chief of staff and one of the most influential figures inside Downing Street, stepped down on Sunday after acknowledging his role in recommending Mandelson for the diplomatic post. In a resignation statement obtained by The Guardian, McSweeney said the decision was ‘wrong’ and he accepted responsibility, calling his departure the ‘only honorable course.’

The pressure intensified hours later when Tim Allan, the prime minister’s director of communications, also resigned, according to GB News. Allan, a veteran New Labor strategist, became the second senior aide to exit as the political fallout deepened.

Dr. John Hemmings, director of the National Security Center at the Henry Jackson Society, told Fox News Digital the prime minister is now under escalating political pressure and that ‘it’s unclear as to whether he’ll survive.’

‘Prime Minister Starmer is coming under ever-increasing political pressure to resign here in London in the wake of the scandal around Lord Mandelson — his appointed ambassador to the United States — and his connection to Jeffrey Epstein. He has lost two close aides and is under attack for his China foreign policy. The Chagos Deal is under scrutiny and his trip to Beijing was largely viewed as devoid of real results,’ Hemmings said.

Alan Mendoza, executive director of the Henry Jackson Society, added: ‘It is extraordinary to be in a situation where a prime minister who won a landslide general election victory only 20 months ago is now on the verge of being forced to resign. We are here as a result of a series of policy U-turns and bad judgment calls culminating in the Lord Mandelson debacle. His fate is now ultimately in the hands of the Parliamentary Labor Party tonight. If he feels he no longer has their confidence, then there is every chance that this will be the end of Keir Starmer.’

Starmer has sought to contain the damage, saying he regrets the appointment. In remarks reported by GB News on Monday, the prime minister said: ‘I have been absolutely clear that I regret the decision that I made to appoint Peter Mandelson. And I’ve apologized to the victims, which is the right thing to do.’ He added that scandals of this kind risk undermining public faith in politics.

The prime minister now faces a showdown with Labor lawmakers, with backbench MPs expected to challenge his leadership at a party meeting Monday evening U.K. time. A senior Labor MP told GB News the ‘clock is ticking’ and called for decisive action to ‘cleanse politics.’

Downing Street has insisted Starmer will not resign despite the double departure. A spokesperson told journalists that the prime minister is ‘getting on with the job in hand and delivering change across the country,’ and he remains ‘upbeat and confident,’ and retains Cabinet support.

The political damage, however, extends beyond staffing turmoil. Mandelson was withdrawn from the ambassador role after additional details about his relationship with Epstein emerged, and he resigned from the Labor Party earlier this month, leaving Starmer confronting what experts describe as the most acute test of his leadership since taking office.

Fox News Digital’s Ashley Carnahan and The Associated Press contributed to this report. 

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Japan’s ‘Iron Lady’ thanks Trump as party secures historic supermajority

Japan’s Prime Minister Sanae Takaichi’s ruling Liberal Democratic Party secured a sweeping win in Sunday’s parliamentary elections, capturing about 316 seats in the 465-member lower house and achieving a governing supermajority alongside allies. The result gives her a strong mandate to advance a conservative agenda focused on defense, immigration and economic reforms, the Associated Press reported.

A heavy metal fan and drummer, Takaichi — who has long cited former British PM Margaret Thatcher as a personal and political inspiration — expressed gratitude for President Trump’s support, thanking him for his congratulatory message following the victory and signaling continued alignment with Washington.

Trump praised her leadership in a post after the results were announced. ‘Congratulations to Prime Minister Sanae Takaichi and her Coalition on a LANDSLIDE Victory in today’s very important Vote,’ Trump wrote on social media, ‘Sanae’s bold and wise decision to call for an election paid off big time. Her Party now runs the Legislature, holding a HISTORIC TWO THIRDS SUPERMAJORITY — The first time since World War II. Sanae: It was my Honor to Endorse you and your Coalition. I wish you Great Success in passing your Conservative, Peace Through Strength Agenda. The wonderful people of Japan, who voted with such enthusiasm, will always have my strong support.’

The election outcome represents one of the strongest performances for the ruling party in years and solidifies Takaichi’s position only months after taking office as Japan’s first female prime minister.

Following the results, Takaichi said she was prepared to move forward with policies aimed at making Japan ‘strong and prosperous,’ as she seeks to implement reforms and bolster national security, the Associated Press reported.

Her agenda includes boosting defense spending, revising security policies and stimulating economic growth, while maintaining a tougher posture toward regional threats such as China. Known for her hawkish stance on Beijing, Takaichi is expected to maintain Japan’s close alignment with the United States.

‘Takaichi’s landslide win shows other leaders that defiance of China can be popular with voters. Nobody has to appease or please Xi Jinping anymore,’ Asia analyst Gordon Chang told Fox News Digital.

U.S. officials also welcomed the outcome. Treasury Secretary Scott Bessent described aid on Fox News’ ‘Sunday Morning Futures With Maria Bartiromo’ that Takaichi is a strong ally and emphasized that her leadership strengthens the strategic partnership between Washington and Tokyo.

Takaichi’s victory is widely seen as a geopolitical signal as well as a domestic political triumph. Analysts say the strengthened mandate could deepen cooperation with the United States on security and economic policy at a time of rising tensions in the Indo-Pacific.

The snap election, called just months into her premiership, was widely viewed as a referendum on her leadership. With the opposition fragmented, voters delivered a decisive result that now gives Takaichi political space to pursue her agenda through the remainder of the parliamentary term.

Takaichi backs strengthening Japan’s defense posture and supports constitutional revision to expand the role of the military. Economically, she has praised the stimulus-driven policies associated with former Prime Minister Shinzo Abe.

Her public thanks to Trump underscores how central the U.S. alliance remains to Tokyo’s strategy moving forward, experts say, as she prepares to translate electoral momentum into legislative and security action at home and abroad.

Reuters and the Associated Press contributed to this report.

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Kobo Resources Extends Gold Mineralisation at Depth and Further Defines the Contact Zone Fault Target

  • Drilling at the Road Cut Zone extends mineralisation more than 150 m down-dip along the Contact Zone Fault, including 11.0 m at 1.54 g/t Au from 380.0 m (KDD0142)

  • Jagger Zone results confirm broad and continuous mineralisation at depth, highlighted by 13.0 m at 1.77 g/t Au and a high-grade interval of 2.0 m at 26.08 g/t Au (KDD0138)

  • Mineralisation remains open at depth and along strike at both Jagger and Road Cut Zones as drilling advances toward resource definition

Kobo Resources Inc. (‘ Kobo’ or the ‘ Company ‘) ( TSX.V: KRI ) is pleased to report diamond drill results from six additional holes completed at the Jagger and Road Cut Zones at its 100%-owned Kossou Gold Project (‘ Kossou ‘) in Côte d’Ivoire. The results confirm depth continuity within the established shear systems and extend mineralisation along the Contact Zone Fault.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260209917232/en/

Figure 1: Road Cut Zone Drill Hole Locations and Simplified Geology

Diamond Drill Results Highlights:

Road Cut Zone:

  • KDD0142
    • 4.0 metres ( ‘ m’) at 2.39 g/t Au from 139.0 m
    • 6.0 m at 1.89 g/t Au from 232.0 m
    • 11.0 m at 1.54 g/t Au from 380.0 m
    • 5.0 m at 1.84 g/t Au from 395.0 m

Jagger Zone :

  • KDD0138
    • 13.0 m at 1.77 g/t Au from 269.0 m, incl. 4.0 m at 3.32 g/t Au from 277.0 m
    • 2.0 m at 26.08 g/t Au from 342.0 m
  • KDD0141
    • 22.0 m at 0.87 g/t Au from 270.0 m, incl. 14.0 m at 1.09 g/t Au from 279.0 m

Edward Gosselin, CEO and Director of Kobo commented: ‘These results continue to confirm the strength and continuity of gold mineralisation within both the Jagger and Road Cut shear systems at our Kossou Gold Project. At the Road Cut Zone, drilling has extended mineralisation more than 150 m down-dip along the Contact Zone Fault, reinforcing its significance as a key structural control. At the Jagger Zone, broad zones of mineralisation and high-grade intercepts at depth continue to demonstrate the scale and vertical continuity of the system. Importantly, we remain highly encouraged that mineralisation remains open, and we will continue our systematic drilling strategy to expand both zones as we advance toward resource definition in 2026.’

Road Cut Zone: KDD0142 Confirms Down-Dip Extension of Contact Zone Fault Mineralisation

KDD0142 was drilled on section RCZ600 to test the down-dip extension of gold mineralisation associated with the Contact Zone Fault and has successfully extended the system to more than 150 m below surface (see Figure 2).

The hole intersected multiple mineralised zones across the shear system, including 6.0 m at 1.89 g/t Au from 232.0 m , 11.0 m at 1.54 g/t Au from 380.0 m , and 5.0 m at 1.84 g/t Au from 395.0 m . These results build on earlier intersections from KDD0109 , which returned 10.0 m at 1.86 g/t Au from 204.0 m ( see news release dated October 30, 2025 ). To the north on section RCZ550, previous results include KDD0052 that returned multiple gold zones associated with the Contact Zone Fault shear system including 5.0 m at 1.01 g/t Au from 228.0, 6.0 m at 1.26 g/t Au from 244.0 m and 6.0 m at 1.94 g/t Au from 264.0 m (see press release dated January 13, 2025 for details).

Together, these results confirm depth continuity of mineralisation along the Contact Zone Fault target . These results further prioritize the Contact Zone Fault as a key mineralised structure at the Road Cut Zone. The area remains open along strike and at depth, and additional drilling is planned to further define and extend mineralisation to the north, south and down dip.

Jagger Zone: Broad Mineralised Zones Confirm Depth Continuity

Drill hole KDD0138 on section JZ750 intersected 13.0 m at 1.77 g/t Au from 269.0 m , confirming the continuation of mineralisation below KDD0100 , which returned 11.0 m at 1.26 g/t Au ( see news release dated October 30, 2025 ). These results extend gold mineralisation on the section to more than 150 m below surface .

The hole also intersected a narrow but high-grade structure, returning 2.0 m at 26.08 g/t Au from 342.0 m , demonstrating the presence of higher-grade individual structures within the broader Jagger Shear system (see Figures 3 and 4).

On section JZ900 , drill hole KDD0141 intersected a broad zone averaging 22.0 m at 0.87 g/t Au from 270.0 m , including 14.0 m at 1.09 g/t Au from 279.0 m , confirming continuity of the mineralised shear system to approximately 180 m below surface (see Figure 5). Drill hole KDD0123 , located immediately above, previously returned 7.0 m at 1.48 g/t Au and 4.0 m at 1.31 g/t Au ( see news release dated January 14, 2026 ), further supporting vertical continuity.

Mineralisation remains open at depth on both sections. Full assay results from all six holes are presented in Table 1.

Table 1: Summary of Significant Diamond Drill Hole Results

BHID

East

North

Elev.

Az.

Dip

Length

From
(m)

To
(m)

Int.
(m)

Au
g/t

Target

KDD0137

229072

775262

350

70

-50

179.40

2.00

11.00

9.00

0.48

Jagger

19.00

22.00

3.00

0.70

Jagger

49.00

53.00

4.00

1.10

Jagger

57.00

60.00

3.00

1.66

Jagger

67.00

76.00

9.00

0.82

Jagger

incl.

67.00

73.00

6.00

1.06

Jagger

148.00

151.00

3.00

0.46

Jagger

KDD0138

228872

775082

414

70

-50

401.40

206.00

208.00

2.00

1.32

Jagger

250.00

254.00

4.00

0.94

Jagger

269.00

282.00

13.00

1.77

Jagger

incl.

277.00

281.00

4.00

3.32

Jagger

309.00

313.00

4.00

0.64

Jagger

342.00

344.00

2.00

26.08

Jagger

398.00

399.00

1.00

2.38*

Jagger

KDD0139

229087

775155

329

70

-50

215.30

6.00

18.00

12.00

0.65

Jagger

incl.

6.00

12.00

6.00

1.06

Jagger

8.00

12.00

4.00

1.42

Jagger

44.00

50.00

6.00

0.82

Jagger

74.00

87.00

13.00

0.65

Jagger

incl.

74.00

79.00

5.00

1.20

Jagger

93.00

95.00

3.00

0.81

Jagger

KDD0140

229054

774936

364

70

-50

149.30

64.00

70.00

6.00

0.53

Jagger

incl.

64.00

68.00

4.00

0.65

Jagger

124.00

125.00

1.00

2.17*

Jagger

KDD0141

228876

774925

398

70

-50

383.40

271.00

293.00

22.00

0.87

Jagger

incl.

274.00

293.00

19.00

0.96

Jagger

incl.

279.00

293.00

14.00

1.09

Jagger

301.00

302.00

1.00

1.20*

Jagger

308.00

311.00

3.00

0.99

Jagger

317.00

319.00

2.00

1.40

Jagger

KDD0142

228340

776113

296

70

-50

512.30

25.00

26.00

1.00

1.61*

RCZ

42.00

43.00

1.00

1.71*

RCZ

112.00

113.00

1.00

1.34*

RCZ

139.00

143.00

4.00

2.39

RCZ

159.00

160.00

1.00

2.27*

RCZ

185.00

186.00

1.00

1.92

RCZ

232.00

238.00

6.00

1.89

RCZ

251.00

253.00

2.00

3.48

RCZ

329.00

334.00

5.00

0.37

RCZ

339.00

340.00

1.00

1.44*

RCZ

368.00

369.00

1.00

1.21*

RCZ

380.00

391.00

11.00

1.54

RCZ

395.00

400.00

5.00

1.84

RCZ

410.00

411.00

1.00

1.33*

RCZ

419.00

422.00

3.00

0.47

RCZ

427.00

430.00

3.00

0.54

RCZ

Notes:

  • Cut-off using 2.0 m at 0.30 g/t Au
  • Intervals are reported with no more than 3.0 m of internal dilution of less than 0.3 m g/t Au except where indicated with an *

An accurate dip and strike and controls of mineralisation are unconfirmed and mineralised zones are reported as downhole lengths. Drill holes are planned to intersect mineralised zones perpendicular to interpreted targets. All intercepts reported are downhole distances, true widths are unknown.

Sampling, QA/QC, and Analytical Procedures

Drill core was logged and sampled by Kobo personnel at site. Drill cores were sawn in half, with one half remaining in the core box and the other half secured into new plastic sample bags with sample number tickets. Core samples are drilled using HQ core barrels to below the level of oxidation and then reduced to NQ core barrels for the remainder of the bore hole. Samples are transported to the SGS Côte d’Ivoire facility in Yamoussoukro by Kobo personnel where the entire sample was prepared for analysis (prep code PRP86/PRP94). Sample splits of 50 grams were then analysed for gold using 50g Fire Assay as per SGS Geochem Method FAA505. QA/QC procedures for the drill program include insertion of a certificated standards every 20 samples, a blank every 20 samples and a duplicate sample every 20 samples. All QAQC control samples returned values within acceptable limits.

Review of Technical Information

The scientific and technical information in this press release has been reviewed and approved by Paul Sarjeant, P.Geo., who is a Qualified Persons as defined in National Instrument 43-101. Mr. Sarjeant is the President and Chief Operating Officer and Director of Kobo.

About Kobo Resources Inc.

Kobo Resources is a growth-focused gold exploration company with a compelling gold discovery in Côte d’Ivoire, one of West Africa’s most prolific gold districts, hosting several multi-million-ounce gold mines. The Company’s 100%-owned Kossou Gold Project is located approximately 20 km northwest of the capital city of Yamoussoukro and is directly adjacent to one of the region’s largest gold mines with established processing facilities.

With over 31,000 metres of diamond drilling, nearly 5,887 metres of reverse circulation (RC) drilling, and 7,100+ metres of trenching completed since 2023, Kobo has made significant progress in defining the scale and prospectivity of its Kossou Gold Project. Exploration has focused on multiple high-priority targets within a 9+ km strike length of highly prospective gold-in-soil geochemical anomalies, with drilling confirming extensive mineralisation at the Jagger, Road Cut, and Kadie Zones. The latest phase of drilling has further refined structural controls on gold mineralisation, setting the stage for the next phase of systematic exploration and resource development.

Beyond Kossou, the Company is advancing exploration at its Kotobi Permit and is actively expanding its land position in Côte d’Ivoire with prospective ground, aligning with its strategic vision for long-term growth in-country. Kobo remains committed to identifying and developing new opportunities to enhance its exploration portfolio within highly prospective gold regions of West Africa. Kobo offers investors the exciting combination of high-quality gold prospects led by an experienced leadership team with in-country experience. Kobo’s common shares trade on the TSX Venture Exchange under the symbol ‘KRI’. For more information, please visit www.koboresources.com .

NEITHER THE TSXV NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSXV) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Cautionary Statement on Forward-looking Information:

This news release contains ‘forward-looking information’ and ‘forward-looking statements’ (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 news release. Any statement that involves discussions with respect to 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 are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which 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: general business, economic, competitive, political and social uncertainties; and the delay or failure to receive board, shareholder or regulatory approvals. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news release. Except as required by law, Kobo assumes no obligation and/or liability to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260209917232/en/

For further information:

Edward Gosselin
Chief Executive Officer and Director
1-418-609-3587
ir@kobores.com

Twitter: @KoboResources | LinkedIn: Kobo Resources Inc.

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Steadright Update on Copper Valley Copper-Lead-Silver Project

(TheNewswire)

 

February 9, 2026 TheNewswire – Muskoka, Ontario Steadright Critical Minerals Inc. (CSE: SCM,OTC:SCMNF) (‘Steadright’ or the ‘Company’), a resource exploration company focused on advancing near‑term production opportunities, reports that from February 2nd 6th, 2026, members of the NSM Capital Sarl geological team from Morocco, together with a Canadian Earthworks contractor, were on site at the Copper Valley Copper Project to conduct field assessments in preparation for upcoming extraction activities.

 

The on‑site team evaluated the existing road network to determine haulage suitability and required upgrades for the planned movement of mineralized stockpiles. In addition, several test pits were examined to verify material characteristics and confirm extraction logistics for the initial phase of testing operations.

 

This fieldwork follows Steadright’s recent announcement that the former property owner, EMTF Sarl, had previously applied for a Mining License and Environmental Permit covering Exploration Permit No. 3843143, now being transferred into NSM Capital Sarl, a Morocco‑based company. Steadright’s Moroccan geological team expects receipt of the Mining License within the coming weeks. NSM Capital Sarl management has assumed responsibility for completing this process as expeditiously as possible.

Steadright holds a 75% interest in the common shares of NSM Capital Sarl through a shareholder agreement with Critical Foundation Metals Inc. (CFM), which holds the remaining 25%.

 

See Press Releases Dated January 8th, 2026 and January 20th, 2026.

Copper Valley, Copper-Lead-Silver Project, Morocco

 

Steadright CEO, Matt Lewis: ‘Our Moroccan team is indefatigable in their efforts. We are moving forward on our four properties in very, very good time and they should be quite proud. I encourage people to read about these efforts on our new website and in our new February Presentation (Deck), both of which can be found at www.steadright.ca.

ABOUT Steadright Critical Minerals INC.

 

Steadright Critical Minerals Inc. is a mineral exploration company established in 2019. Steadright has been focused since late spring 2025 on finding exploration and historical mining projects that can be brought into production within the Moroccan critical mineral space. Steadright currently has exposure through a Moroccan entity known as NSM Capital Sarl, with over 192 sq KMs of mineral exploration claims called the TitanBeach Titanium  Project, and found in the Southern Provinces of Morocco. Steadright has also recently signed a Binding MOU for the historic Goundafa Mine within the Kingdom of Morocco.

 

ON BEHALF OF THE BOARD OF DIRECTORS

For further information, please contact:

 

Matt Lewis

CEO & Director

Steadright Critical Minerals Inc.

 

Email: enquires@steadright.ca

Tel: 1-905-410-0587

www.steadright.ca

 

Neither the Canadian Securities Exchange (the ‘CSE’) nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

 

Forward-looking information is subject to known and unknown risks, ‎uncertainties and other factors which may cause the actual results, level of activity, performance or ‎achievements of Steadright to be materially different from those expressed or implied by such forward-‎looking information. Such risks and other factors may include, but are not limited to: there is no ‎certainty that the ongoing programs will result in significant or successful ‎exploration and ‎development of Steadright’s properties; uncertainty as to ‎the actual results of exploration and ‎development or operational activities; uncertainty as to the availability and terms of ‎future financing on ‎acceptable terms; uncertainty as to timely availability of permits and other governmental approvals; ‎general business, economic, competitive, political and social uncertainties; capital market conditions ‎and market prices for securities, junior market securities and mining exploration company securities; ‎commodity prices; the actual results of current exploration and development or operational activities; ‎competition; changes in project parameters as plans continue to be refined; accidents and other risks ‎inherent in the mining industry; lack of insurance; delay or failure to receive board or regulatory ‎approvals; changes in legislation, including environmental legislation or income tax legislation, affecting ‎Steadright; conclusions of economic evaluations; and lack of qualified, skilled labour or loss of key ‎individuals.

 

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the ‎securities in the United States. The securities have not been and will not be registered under the United ‎States Securities Act of 1933, as amended (the ‘U.S. Securities Act‘) or any state securities laws and ‎may not be offered or sold within the United States or to, or for the account or benefit of, U.S. Persons ‎unless registered under the U.S. Securities Act and applicable state securities laws, unless an ‎exemption from such registration is available.‎

 

Copyright (c) 2026 TheNewswire – All rights reserved.

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The $30 Billion Shift: Critical Minerals Enter a New Era

Issued on behalf of Rua Gold Inc.

– USA News Group News Commentary China just flipped the table on global procurement. By locking down exports on silver, tungsten, and antimony, they signaled a strategic shift that is reshaping Western defense priorities[1]. The response was immediate: the U.S. Government mobilized over $30 billion in diverse funding to secure critical mineral supply chains, establishing allied jurisdiction deposits as the primary hedge against supply disruption[2]. This structural pivot elevates dual-commodity discoveries in stable regimes, positioning Rua Gold Inc. (TSXV: RUA,OTC:NZAUF) (OTCQB: NZAUF), Perpetua Resources (NASDAQ: PPTA) (TSX: PPTA), United States Antimony (NYSE-A: UAMY), Eldorado Gold (NYSE: EGO) (TSX: ELD), and Foran Mining (TSX: FOM) (OTCQX: FMCXF) within a narrowing window where defense-critical utility commands acquisition premiums far exceeding traditional gold valuations.

Mining and metals M&A in 2026 centers on consolidation and supply chain security[3], while bilateral critical minerals frameworks signed in February 2026 establish the groundwork for nations to collaborate on pricing and financing for secure projects[2]. Capital allocation now favors polymetallic systems where geopolitical necessity intersects with proven geology, transforming once-marginal antimony credits into strategic assets that justify sector-leading takeover multiples.

Rua Gold Inc. (TSXV: RUA,OTC:NZAUF) (OTCQB: NZAUF) just laid out an aggressive 2026 game plan that puts four drill rigs to work across New Zealand’s historic Reefton Goldfield while simultaneously pushing toward mine permitting under the country’s new fast-track legislation.

The company now holds C$38 million in cash following an oversubscribed financing in January, giving it one of the strongest treasuries among junior gold explorers operating in the South Pacific. That war chest is funding a four-rig drill campaign at the Reefton Project on the South Island, where recent results at the Auld Creek target confirmed a major high-grade gold-antimony system. Drill hole ACDDH050 intersected 3.0m at 21.27 g/t AuEq (4.5 g/t Au and 3.9% antimony) from 137 meters depth, extending the deposit strike length to 870 meters with mineralization still open in every direction.

For anyone unfamiliar with the significance: antimony is a critical mineral used in military ammunition, flame retardants, and battery technology. China controls roughly 60% of global supply and has been tightening export controls, which means Western governments are actively hunting for new sources. New Zealand formally designated antimony as critical, which positions Rua Gold at the center of this supply chain scramble.

The permitting timeline is the part worth watching closely. The company plans to submit a Fast Track referral application in Q1 2026, with a regulatory decision on eligibility expected by Q2. If accepted, the Reefton Project would enter a six-month permitting window, the fastest regime of its kind globally. CEO Robert Eckford pointed to the approval of OceanaGold’s Wharekirauponga gold-silver project in just 112 days as proof the system works.

On the North Island, Rua Gold is also preparing to drill at the Glamorgan Project, located right next door to that same OceanaGold development in the Hauraki Goldfield, a district that has produced 15 million ounces of gold historically. Drill permits are expected by Q2 2026 for an initial 5,000-meter program.

Within the Reefton alone, Rua Gold controls 120,000 hectares in a district that historically produced over 2 million ounces of gold grading between 9 and 50 g/t. Backed by a leadership team responsible for US$11 billion in prior exits, the company is targeting a resource update above 300,000 ounces in Q1 2026, with three rigs running double shifts at Auld Creek and a fourth testing new targets across the broader goldfield. Investors should expect a steady flow of drill results throughout the year.

CONTINUED… Read this and more news for Rua Gold at:  https://usanewsgroup.com/2025/04/02/others-found-1911-g-t-here-before-now-a-proven-11b-mining-team-is-back-to-finish-the-job/

In other industry developments and happenings in the market include:

Perpetua Resources (NASDAQ: PPTA) (TSX: PPTA) has entered an agreement with the Idaho National Laboratory to host, commission, and operate a flexible, modular pilot processing plant expected to recover various critical and defense-related minerals, including antimony from the Company’s Stibnite Gold Project. The initiative is part of a broader partnership with the U.S. Army via the Defense Ordnance Technology Consortium, with total DOTC awards reaching $22.4 million.

‘We are proud to collaborate with Idaho National Laboratory to further strengthen America’s defense capabilities and help secure a domestic source of antimony trisulfide. This partnership highlights Idaho’s role in national security and demonstrates our ongoing commitment to responsible resource development, job creation, and workforce training in Idaho,’ said Jon Cherry, President and CEO of Perpetua Resources.

The Stibnite Gold Project is the only identified reserve of antimony in America, with Perpetua Resources expecting to supply up to 35% of U.S. antimony demand during its first six years of operations. The pilot plant will produce antimony trisulfide concentrate needed for munitions and advanced systems used by U.S. military personnel.

United States Antimony (NYSE-A: UAMY) has announced a new hydrometallurgical processing advancement for critical minerals, revealing it has funded and assisted with the development of a commercial-scale hydromet facility in Bolivia that has expanded 15 times its original size and output. The company holds an exclusive contract to receive processed antimony flake from the Bolivian facility, with first receipt of approximately 150 tons anticipated in February/March 2026 at its recently expanded Thompson Falls smelter.

‘On January 15, 2026, USAC filed with the DOE a request for funding for a program total of $44 million associated with our hydromet process developed in Bolivia for a new facility to be located in the USA,’ said Gary C. Evans, Chairman and CEO of United States Antimony. ‘Additionally, the Company is working on a similar application for an award from the DoW for this process in a new location near the State of Montana. These new location(s) will be state of the art antimony processing facilities in North America.’

United States Antimony has also obtained an exclusive license to duplicate the hydromet process in North America and Australia, with the technology capable of processing sub-par antimony of less than 10% stibnite into finished material meeting military specifications. The company remains the only fully integrated antimony company in the world outside of China and Russia.

Eldorado Gold (NYSE: EGO) (TSX: ELD) and Foran Mining (TSX: FOM) (OTCQX: FMCXF) announced a definitive agreement to combine into a sector-leading gold-copper mining company, with Eldorado acquiring all outstanding Foran shares at an implied equity value of approximately C$3.8 billion. The transaction positions the combined entity to produce approximately 900,000 gold equivalent ounces in 2027, with both the Skouries project in Greece and McIlvenna Bay in Saskatchewan on budget and on schedule for commercial production in mid-2026.

‘This combination creates a stronger gold and copper growth company, defined by near-term cash flow generation and multiple catalysts,’ said George Burns, CEO of Eldorado Gold. ‘With Skouries and McIlvenna Bay scheduled to come online in 2026, the combined business is positioned for a step-change in production, cash flow, and global relevance.’

‘This transaction gives McIlvenna Bay the scale and financial strength to fully realize its potential, including the ability to accelerate phased expansion opportunities over time,’ said Dan Myerson, Executive Chair and CEO of Foran Mining. ‘Having advanced through the risk curve associated with development, the company is fast approaching an inflection point towards enhanced free cash flow and production growth.’

The combined company is expected to generate approximately $2.1 billion of EBITDA and $1.5 billion in free cash flow in 2027, with existing Eldorado and Foran shareholders owning approximately 76% and 24% respectively upon closing, which is expected in Q2 2026.

Article Source: https://usanewsgroup.com/2025/04/02/others-found-1911-g-t-here-before-now-a-proven-11b-mining-team-is-back-to-finish-the-job/ 

CONTACT:

USA NEWS GROUP
info@usanewsgroup.com
(604) 265-2873

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

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

SOURCES CITED:

1.   https://discoveryalert.com.au/china-silver-export-restrictions-reshape-markets-2026/
2.   https://www.state.gov/releases/office-of-the-spokesperson/2026/02/2026-critical-minerals-ministerial
3.   https://www.pwc.com/gx/en/services/deals/trends/energy-utilities-resources.html

Logo: https://mma.prnewswire.com/media/2838876/5778018/USA_News_Group_Logo.jpg

 

View original content:https://www.prnewswire.com/news-releases/the-30-billion-shift-critical-minerals-enter-a-new-era-302682305.html

SOURCE USA News Group

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AmeriTrust Financial Technologies

Investor Insight

AmeriTrust Financial Technologies Inc. offers investors exposure to a scalable automotive finance platform with proprietary technology, targeting the underpenetrated used-vehicle leasing segment while generating revenue across origination, servicing and remarketing.

Overview

AmeriTrust Financial Technologies (TSXV:AMT,OTCQB:AMTFF,Frankfurt:1ZVA) is a publicly listed financial technology company operating in the US$1.6 trillion American automotive finance sector. The company has developed a proprietary, cloud-based platform that supports vehicle leasing and financing, asset servicing and remarketing. AmeriTrust’s technology connects dealers, consumers and funding partners through a streamlined digital workflow designed to automate underwriting, approvals, documentation and funding.

While AmeriTrust supports both loan and lease products, its strategic emphasis is on used-vehicle leasing, a segment that remains significantly underpenetrated in the US market. Leasing represents approximately 25 percent of new vehicle transactions, but only less than 2 percent of used vehicle sales, which are largely confined to OEM-certified programs.

AmeriTrust positions used-vehicle leasing as an affordability-focused alternative to traditional retail financing, offering lower monthly payments and reduced upfront costs for consumers, while creating incremental sales opportunities for dealers and attractive risk-adjusted returns for lending partners. The company’s integrated model allows it to generate revenue across the full asset lifecycle rather than relying on a single point of monetization.

Company Highlights

  • Proprietary fintech platform purpose-built for new and used vehicle leasing, servicing and remarketing
  • Strategic focus on used-vehicle leasing, a segment with limited competition compared to new-vehicle leasing
  • Licensed across the U.S.
  • Proprietary technology integrated into major dealer ecosystems, enabling rapid decisioning and funding
  • Management team with decades of experience in specialty auto finance, capital markets and platform scaling

Key Solutions

AmeriTrust’s scalable model overview:

1) Dealers and Lenders submit customers to AmeriTrust.

2) AmeriTrust underwrites, approves, funds contract and retains servicing.

3) A-Trust (Bankruptcy remote) sells revenue to finance partners with servicing retained.

4) AmeriTrust Serves is a full servicing platform providing data and performance reporting.

5) AmeriTrust Auto is a remarketing platform focused on repossessions and lease returns offered at retail direct-to-consumer online versus traditional wholesale methods; 5a) Vehicles not sold through retail are liquidated wholesale at auction.

AmeriTrust Financial

AmeriTrust Serves

AmeriTrust Serves is the backbone of AmeriTrust’s servicing operation. It brings payments, customer support, portfolio monitoring, and analytics into a single unified system, delivering transparency, control, and performance insight for both AmeriTrust and its funding partners.

AmeriTrust Auto

AmeriTrust Auto anchors AmeriTrust’s vehicle remarketing strategy, managing repossessions and lease-end inventory through a retail-first, direct-to-consumer approach. When retail isn’t viable, the focus can seamlessly shift to wholesale liquidation, maximizing asset value across the full loan and lease lifecycle.

Management Team

Jeff Morgan – Chief Executive Officer

Founder and CEO of AmeriTrust with more than 25 years of automotive finance experience. Previously founded MUSA Auto Finance and played a central role in developing AmeriTrust’s proprietary leasing technology.

John Wimsatt – Chief Investment Officer

Former chief investment officer at ECN Capital (TSX: ECN), with 30 years of experience in specialty finance and institutional funding markets.

Shibu Abraham – Chief Financial Officer

Finance executive with over 25 years of experience across public and private companies in Canada and the US. Holds CA, CPA and ACA designations and oversees financial reporting, compliance and capital markets activities.

Euwye Chan – Chief Accounting Officer

Accounting and finance professional with more than 18 years of experience and an MBA from Dallas Baptist University.

Blake Kirk – Chief Operating Officer

Auto finance executive with over 23 years of experience in operations, customer service, collections and loss mitigation, including senior roles at GM Financial, Exeter Finance, Sierra Auto Finance and Express Capital Services.

Troy Hocker – Chief Revenue Officer

Auto finance executive with more than 20 years of experience, including leadership roles at a major US direct-to-consumer leasing company.

Sean Severin – Chief Information Officer

Technology leader with more than 20 years of experience delivering financial solutions and leading large-scale technology and operational transformations.

Xia Zhang – Chief Technology Officer

IT executive with over 30 years of experience; played a pivotal role in building AmeriTrust’s loan origination and leasing systems.

Richard Goldman – Vice-President, Capital Markets

Capital markets professional with more than 30 years of experience; co-founder of AutoSoldNow (later acquired by PowerBand/AmeriTrust) and former president and CFO of a TSXV-listed company.

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