admin

Gold exchange-traded funds, or gold ETFs, have risen in popularity among investors who want precious metals exposure.

ETFs are similar to mutual funds in that they track assets such as stocks, bonds, currencies or commodities; a key difference is that ETFs can be bought and sold on exchanges, making them widely accessible. They provide considerable flexibility in implementing various investment strategies and in building investment portfolios.

Like other ETFs, gold ETFs are traded in the same manner as individual stocks, meaning that investing in the gold ETF market is similar to trading a stock on an exchange.

There are two main types of gold ETFs: those that track the gold price and those that hold investments in gold companies.

ETFs that follow the gold price give investors access to the yellow metal by holding either physical gold bullion or gold futures contracts. It is important to keep in mind that investing in the majority of gold ETFs does not allow investors to own any physical gold — in general, even a gold ETF that tracks physical gold cannot be redeemed for actual gold, although there are a few exceptions to that.

One more thing to keep in mind is that gold ETFs that hold physical gold are taxed as collectibles in the US, giving them a higher maximum capital gains rate, which is worth noting for investors in the highest tax bracket.

The other type of gold ETF invests in gold companies, providing exposure to gold mining, development and exploration stocks, as well as gold royalty stocks.

Read on to learn about the benefits of adding gold ETFs to your portfolio, the five largest gold ETFs by total assets and five top gold miner ETFs.

What are the benefits of gold ETFs?

Gold ETFs are fairly common today, and are a good choice for investors who want to invest in precious metals without trading gold futures or owning physical gold, such as gold coins or bars.

But gold ETFs are often considered a lower-risk investment, as they have a number of benefits for market participants and can open up a portfolio to diversification.

For example, physical gold is known for being a hedge against economic and political uncertainty, and owning shares of a gold ETF that offers exposure to the gold spot price provides investors with this same security without the hassle of buying and storing the yellow metal.

Since gold tends to rise when the US dollar is weak, purchasing a gold ETF could balance out any investment that has the potential to decline when the greenback does. Conversely, selling gold ETF holdings can be beneficial when the US dollar is making gains.

Gold ETFs that track gold companies give investors exposure to multiple companies in the space rather than having to choose specific stocks. This is an appealing option for those who want exposure to the sector without carrying the risks of investing in an individual stock.

Gold ETFs as a whole also offer security in that they are managed by yellow metal experts, so there is a better chance of making a profit than going it alone. Of course, it is important to keep in mind that, despite their less risky nature, gold ETFs are still affected by the rise and fall of the gold price.

Mutual funds are often compared to ETFs, but due to the fact that mutual funds can only be bought or sold at the close of the trading day, gold ETFs become more beneficial as they can be traded whenever the stock market is open, meaning movement is more liquid and not tied down by end-of-day trades.

Top 5 spot gold ETFs

The five gold ETFs below offer investors exposure to the spot price of gold by holding gold bullion. These options may be worth considering when it comes to getting exposure to the yellow metal’s price movements.

According to ETFdb.com, these gold ETFs were the largest gold ETFs by total assets as of November 13, 2025. The five largest gold ETFs all track the gold price.

1. SPDR Gold Shares (ARCA:GLD)

Total assets under management: US$139.14 billion
Unit price: US$380.58

The SPDR Gold Shares tracks the spot price of gold bullion and is determined by market forces in the 24 hour, over-the-counter market for gold. This market accounts for most global gold trade, and any quoted prices available to ETF investors reflect the latest available information.

Physical bullion comprises 100 percent of the ETF’s holdings, and its expense ratio is 0.4 percent. It offers investors a way to invest in gold that is much less costly than purchasing, storing and insuring bars or coins.

2. iShares Gold Trust (ARCA:IAU)

Total assets under management: US$64.22 billion
Unit price: US$79.04

Like the SPDR Gold Trust, the iShares Gold Trust ETF aims to track the spot price of gold bullion. Its expense ratio is 0.25 percent, and its holdings are allocated entirely to physical gold bullion. The aim is for the trust’s value to reflect the performance of the price of gold.

The physical gold the trust holds is in vaults in locations including New York, US; Toronto, Canada; and London, UK. Investors can purchase and sell shares through a traditional brokerage account throughout the trading day.

3. SPDR Gold MiniShares Trust (ARCA:GLDM)

Total assets under management: US$23.33 billion
Unit price: US$81.89

The SPDR Gold MiniShares Trust offers investors one of the lowest available expense ratios for a US-listed ETF backed by physical gold at 0.1 percent. This ETF represents fractional, undivided beneficial ownership interests in the trust, which holds only physical gold bullion and, from time to time, cash.

4. Abrdn Physical Gold Shares ETF (ARCA:SGOL)

Total assets under management: US$6.95 billion
Unit price: US$39.43

The abrdn Physical Gold Shares ETF aims to have its shares reflect the performance of the gold bullion price, minus the trust’s operating expenses, by holding 100 percent physical gold bars. This gold ETF has an expense ratio of 0.17 percent.

The gold backing the fund comes only in the form of London Good Delivery gold bullion bars refined on or after January 1, 2012, and held in secure vaults in London.

5. iShares Gold Trust Micro (ARCA:IAUM)

Total assets under management: US$5.52 billion
Unit price: US$41.84

The iShares Gold Trust Micro ETP is the lowest-cost physically backed gold ETP on the market with an expense ratio of just 0.09 percent. The fund is designed to provide exposure to the day-to-day movement of the price of gold bullion. The underlying gold bars are held in vaults.

Top 5 gold mining ETFs

These five gold stock ETFs are designed for investors looking to gain exposure to gold miners without the risk of holding individual gold stocks.

1. VanEck Gold Miners ETF (ARCA:GDX)

Total assets under management: US$23.89 billion
Unit price: US$79.18

The VanEck Gold Miners ETF provides investors with exposure to the largest global gold producers and royalty companies involved in the precious metals space and has an expense ratio of 0.51 percent. Nearly 90 percent of its holdings have market caps above US$5 billion.

This ETF’s top holdings include Agnico Eagle Mines (TSX:AEM,NYSE:AEM) with a weight of 7.9 percent, Newmont (NYSE:NEM,ASX:NEM) with 7.15 percent and AngloGold Ashanti (NYSE:AU,JSE:ANG) with 5.71 percent.

Holdings are rebalanced quarterly with qualified companies having a market cap greater than US$150 million, US$1 million in average daily trading volume and a minimum of 250,000 shares traded per month.

2. VanEck Junior Gold Miners ETF (ARCA:GDXJ)

Total assets under management: US$8.66 billion
Unit price: US$101.24

Similar to the GDX above, the VanEck Junior Gold Miners ETF provides investors with exposure to gold equities; however, it has a stronger focus on smaller gold mining companies and junior stocks, which carry higher risk, but also offer greater potential returns.

Its top holdings include Pan American Silver (TSX:PAAS) with a weight of 6.45 percent, Equinox Gold (TSX:EQX,NYSEAMERICAN:EQX) with 6.39 percent and Alamos Gold (TSX:AGI,NYSE:AGI) with 5.75 percent.

Holdings are reviewed in March and September, and rebalanced quarterly, with qualifications matching those for the VanEck Gold Miners ETF. Like the GDX, the GDXJ has an expense ratio of 0.51 percent.

3. iShares MSCI Global Gold Miners ETF (Nasdaq:RING)

Total assets under management: US$2.63 billion
Unit price: US$67.87

BlackRock’s (NYSE:BLK) iShares MSCI Global Gold Miners ETF provides investors with exposure to a diverse portfolio of global gold mining companies within the Morgan Stanley Capital International (MSCI) index and charges an expense ratio of 0.39 percent.

Top holdings in the fund include Newmont with a weight of 15.85 percent, Agnico Eagle with 13.33 percent and Barrick Mining (TSX:ABX,NYSE:B) with 8.92 percent.

4. Sprott Gold Miners ETF (ARCA:SGDM)

Total assets under management: US$611.45 million
Unit price: US$64.64

The Sprott (TSX:SII,NYSE:SII) Gold Miners ETF is an investment product designed to deliver returns that track the Solactive Gold Miners Custom Factors Index, which follows major gold equities listed on Canadian and US exchanges. The ETF is rebalanced quarterly and has a total operating expense of 0.5 percent.

Top holdings in the fund include Agnico Eagle with a weight of 12.41 percent, Newmont with 8.92 percent and Wheaton Precious Metals (TSX:WPM,NYSE:WPM) with 7.83 percent.

5. Sprott Junior Gold Miners ETF (ARCA:SDGJ)

Total assets under management: US$280.97 million
Unit price: US$76.56

The Sprott Junior Gold Miners ETF has also been designed to provide results tied to its underlying index, in this case, the Solactive Junior Gold Miners Custom Factors Index, which tracks companies with a market capitalization between US$200 million and US$3 billion.

The ETF is rebalanced semi-annually in March and September and carries a total management fee of 0.5 percent.

Top holdings in the fund include Bellevue Gold (ASX:BGL,OTC Pink:BELGF) with a weight of 5.04 percent, Novagold Resources (NYSE:NG) with 5.03 percent and Turk Altin Isletmeleri with 4.94 percent.

Securities Disclosure: I, Dean Belder, currently hold a direct investment in Equinox Gold.

This post appeared first on investingnews.com

Investing

Hydrogeological Testing Underway at Lo Herma

American Uranium Limited (ASX:AMU, OTC:AMUIF) (American Uranium, AMU or the Company) is pleased to advise that hydrogeological testing at its Lo Herma ISR uranium project in Wyoming’s Powder River Basin has commenced. Testing is being undertaken by Petrotek Corporation, a leading injection well and subsurface resources consultancy with more than 28 years of experience in hydrogeological testing and ISR resource development.

Highlights

Hydrogeological testing at Lo Herma has commenced, marking a key milestone in advancing towards ISR project development
Testing is expected to take approx. 2 weeks with results anticipated by the end of 2026
Phase 1 of the resource development drilling campaign at Lo Herma is underway and progressing well with over half of the planned program completed. Initial results are expected before the end of 2026
These programs are designed to underpin a Mineral Resource Estimate and Scoping Study update in 2026.

This testing is running concurrently with Phase 1 of the resource development drilling campaign which is progressing well and is now past the halfway point of the resource expansion program. Drilling results are expected by the end of 2026. The hydrogeological testing fieldwork program is expected to be complete during the week commencing November 24th, with results anticipated before the end of 2026.

AMU CEO and Executive Director Bruce Lane commented:

“We are very pleased to now have both the hydrogeological testing and resource development drilling programs underway at Lo Herma. These programs represent major steps toward advancing one of America’s most promising ISR uranium projects. Lo Herma is one of the few near-term, low-cost ISR projects in the U.S. The hydrogeological testing aims to validate our initial aquifer observations and confirm aquifer transmissivity.

“The first phase of drilling is now well underway and past the halfway point with an objective to grow the current 8.57Mlb resource base and ultimately feed into an updated Mineral Resource Estimate and Scoping Study in 2026, positioning us to capitalise on significant support programs in place to support the US domestic nuclear fuel supply chain.”

Click here for the full ASX Release

This post appeared first on investingnews.com

Investing

Mineral Resource Estimate Updated for the Cowboy State Mine Area at Halleck Creek

American Rare Earths (ASX: ARR | OTCQX: ARRNF | ADR: AMRRY) (“ARR” or the “Company”), is pleased to announce an updated Mineral Resource Estimate for the Cowboy State Mine area within its flagship Hallack Creek Rare Earths Project. The update incorporates the results from 18 additional channel samples and coincides with the acquisition of two new exploration drilling permits.

Highlights

Updated Mineral Resource Estimate in the Cowboy State Mine (“CSM”) Area RECLASSIFIES INDICATED RESOURCE BY 68.4 MILLION TONNES.
- 102 Channel Samples collected in 2025 provided data points for an updated geological resource model, resource conversion and mineral resource ESTIMATE
- Summer exploration and mapping collected 18 additional channel samples across the CSM area
  - 18 Channel samples returned average values of 5,471 ppm Total Rare Earth Oxides (TREO)
  - Standout sample (CS25-RM111) contained a new record high assay grade for the entire Halleck Creek Resource with a Total Rare Earth Oxide (“TREO”) grade of 13,816 PPM, which is 4X higher than the resource average
New exploration drilling permits obtained at Halleck Creek:
- 27 hole locations were permitted at the CSM area for the Development drilling needed for future technical studies beyond the Pre-Feasibility Study (“PFS”)
- 29 hole locations were permitted at the Bluegrass area, a potential exploration target which would add to total Halleck Creek Mineral Resource Estimates

Odessa Resource Ltd. (“Odessa”), of Perth Australia, were commissioned to update the geological resource model for the CSM Area using 102 channel samples collected during 2025. The locations and assays for the 102 channel samples added to the geological resource model reside in Appendix B. The updated mineral resource estimate for the Cowboy State Mine area is approximately 547.5 million tonnes using a TREO cut-off grade of 1,00ppm, see Table 1 and Figure 4. The channel sample results enabled Odessa to reclassify approximately 63.9 million tonnes to the indicated category from the inferred category from the Mineral Resource Estimate presented in the February 2025 updated CSM Scoping Study¹, see Table 2. Additional mapping associated with the channel sampling expanded the resource area to increase the CSM mineral resource estimate by approximately 4.5 million tonnes. It should be noted that the overall tonnage increase and change in grade do not reflect a material change to the total resource estimates for the Cowboy State Mine area.

Click here for the full ASX Release

This post appeared first on investingnews.com

Investing

LAURION Broadens Advisor Network and Issues Stock Options to First Nations under Amended Exploration Agreement as Ishkoday Exploration Progresses

(TheNewswire)

TORONTO, Ontario November 19, 2025 TheNewswire Laurion Mineral Exploration Inc. (TSXV: LME,OTC:LMEFF | OTCPINK: LMEFF,OTC:LMEFF) (‘LAURION’ or the ‘Corporation’) is pleased to provide this corporate update on its advisory engagements, exploration progress, and investor outreach initiatives.

Advisory Network Expansion

As part of its ongoing corporate development strategy, LAURION has broadened its advisory network to include additional strategic partners engaged to complement and extend the Corporation’s capital markets and M&A (strategic transaction) initiatives. This expanded network, established prior to the conclusion of LAURION’s engagement with US Capital Global Partners, as disclosed in its most recent public filing, is intended to enhance the Corporation’s institutional outreach, market visibility, and transactional execution capabilities. LAURION has created a layered, multi-channel approach designed to expedite investor access, broaden the Corporation’s ability to explore transactional opportunities, and ensure the Corporation can efficiently engage a wider breadth of potential partners and stakeholders in exploring strategic alternatives. While the Corporation anticipates that the benefits of these expanded advisory efforts will materialize progressively over time, this coordinated framework aims to strengthen LAURION’s foundation for long-term growth and advance its shareholder value strategy with discipline and transparency.

Advancing the Ishkõday Exploration Program

LAURION continues to execute a disciplined and systematic advancement of its flagship 57 km² Ishkõday Project, located 220 km northeast of Thunder Bay, Ontario. Further to the Corporation’s press releases dated May 8, 2025, May 27, 2025, July 29, 2025, August 19, 2025, September 23, 2025, and October 8, 2025, the 2025 field program has materially progressed on schedule and within budget, with meaningful technical milestones now achieved across geophysics, drilling, and surface exploration.

Issuance of Stock Options to First Nations

In accordance with an amendment to the Exploration Agreement between LAURION and the Animbiigoo Zaagi’igan Anishinaabek (AZA) , Bingwi Neyaashi Anishinaabek (BNA) , and Biinjitiwaabik Zaaging Anishinaabek (BZA ) First Nations, the Corporation’s Board of Directors has authorized the issuance of an aggregate of 750,000 stock options (250,000 to each First Nation). These options, granted under LAURION’s stock option plan, are exercisable at a price of $ 0.38 per common share. The options will vest immediately and remain exercisable for a period of five years from the grant date. This grant is subject to acceptance by the TSX Venture Exchange.

This issuance forms part of the broader resolution and recognition framework outlined under the Exploration Agreement , reflecting LAURION’s continued commitment to long-term collaboration, transparency, and shared benefit with our Indigenous partners.

Looking Ahead and Shareholder Updates

LAURION reaffirms that any developments of material significance will be communicated without delay. In the meantime, shareholders are encouraged to respect channel integrity and refrain from speculating on social media, which may negatively affect the share price and delay the effective execution of strategic initiatives. The Corporation appreciates shareholders’ patience and trust—the Board and management continue exerting every effort, in concert with its diverse advisors, to maximize shareholder value.

About Laurion Mineral Exploration Inc.

The Corporation is a mid-stage junior mineral exploration and development company listed on the TSXV under the symbol LME and on the OTCPINK under the symbol LMEFF. LAURION now has 274,097,283 outstanding shares, of which approximately 73.6% are owned and controlled by insiders who are eligible investors under the ‘Friends and Family’ categories.

LAURION’s emphasis is on the exploration and development of its flagship project, the 100% owned mid-stage 57 km 2 Ishk õ day Project, and its gold-rich polymetallic mineralization. LAURION’s chief priority remains maximizing shareholder value. A large portion of the Corporation’s focus in this regard falls within the scope of its mineral exploration activities and more specifically, advancing the Ishkõday Project.

A consequence of LAURION’s success and advancement over the past several years is that the Corporation has become positioned as an acquisition target for appropriate potential acquirors. Accordingly, the Corporation’s Board of Directors is aware that possible strategic alternatives and transactional opportunities may arise and/or could be procured in the short or medium terms. The Corporation will promptly issue a press release if any material change occurs.

Laurion Mineral Exploration Inc.

Cynthia Le Sueur-Aquin – President and CEO

Tel: 1-705-788-9186 Fax: 1-705-805-9256

Douglas Vass – Investor Relations Consultant

Email : info@laurion.ca

Website : http://www.LAURION.ca

Follow us on : X (@LAURION_LME), Instagram (laurionmineral) and LinkedIn (https://www.linkedin.com/in/cynthia-le-sueur-aquin-laurion-lme-04b03017/)

Caution Regarding Forward-Looking Information

This press release contains forward-looking statements, which reflect the Corporation’s current expectations regarding future events including with respect to LAURION’s business, operations and condition, management’s objectives, strategies, beliefs and intentions, the Corporation’s ability to advance the Ishkõday Project, the nature, focus, timing and potential results of the Corporation’s exploration, drilling and prospecting activities in 2025 and beyond, including the Corporation’s diamond drill program described in this press release and the Corporation’s other planned activities for the Ishkõday Project for the remainder of 2025, and the statements regarding the Corporation’s exploration or consideration of any possible strategic alternatives and transactional opportunities (including, without limitation, the Corporation’s engagement of third party advisors to explore any such potential alternatives and opportunities), as well as the potential outcome(s) of this process and the formation of the Corporation’s aforementioned advisory network, the possible impact of any potential transactions referenced herein on the Corporation or any of its stakeholders, and the ability of the Corporation to identify and complete any potential acquisitions, mergers, financings or other transactions referenced herein, and the timing of any such transactions. The forward-looking statements involve risks and uncertainties. Actual events and future results, performance or achievements expressed or implied by such forward-looking statements could differ materially from those projected herein including as a result of a change in the trading price of the common shares of LAURION, the TSX Venture Exchange or any other applicable regulator not providing its approval for any strategic alternatives or transactional opportunities, the interpretation and actual results of current exploration activities, changes in project parameters as plans continue to be refined, future prices of gold and/or other metals, possible variations in grade or recovery rates, failure of equipment or processes to operate as anticipated, the failure of contracted parties to perform, labor disputes and other risks of the mining industry, delays in obtaining governmental approvals or financing or in the completion of exploration, as well as those factors disclosed in the Corporation’s publicly filed documents. Investors should consult the Corporation’s ongoing quarterly and annual filings, as well as any other additional documentation comprising the Corporation’s public disclosure record, for additional information on risks and uncertainties relating to these forward-looking statements. The reader is cautioned not to rely on these forward-looking statements. Subject to applicable law, the Corporation disclaims any obligation to update these forward-looking statements. All sample values are from grab samples and channel samples, which by their nature, are not necessarily representative of overall grades of mineralized areas. Readers are cautioned to not place undue reliance on the assay values reported in this press release.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICE PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.

News Provided by TheNewsWire via QuoteMedia

This post appeared first on investingnews.com

Investing

Prismo Develops Additional Drill Targets at Silver King Provides Update on Drill Permit

(TheNewswire)

Vancouver, British Columbia, November 19, 2025 TheNewswire – Prismo Metals Inc. (the ‘ Company ‘) (CSE: PRIZ,OTC:PMOMF) (OTCQB: PMOMF) is pleased to report that it has completed a detailed exploration program at the Black Diamond area of its Silver King Project located in Arizona. Work consisted of mapping and sampling of the area including the Black Diamond copper replacement body and the newly encountered strongly altered felsic intrusion with stockwork veining. A handheld XRF analyzer was used to complete a soil geochemistry grid and to analyze selected rock samples in a qualitative manner. Additionally, an IP survey was recently initiated over the Silver King land package, with results expected by the first week of December.

Figure 1 . Map showing the location of the Black Diamond replacement and felsic intrusion exploration targets at the Silver King project. Claim boundaries are shown in yellow.

The soil survey defined a large copper anomaly over the Black Diamond replacement body along with some anomalous gold values. Previous rock samples have shown the copper-gold association of mineralization in replacement mineralization. The soil survey also showed Zn, Pb, Ag and Sb anomalies associated with the felsic intrusion. This intrusion is strongly sericitized and is cut by moderate to strong stockwork quartz veins with locally abundant iron oxides after pyrite.

XRF analysis of rock samples in the area was also completed. Although XRF analyses on rocks are generally qualitative and are not valid assays as are rock samples assayed by the geochemical laboratories, they do indicate the presence of the metals of interest and are useful as guides to mineralization.

XRF analyses of individual quartz veinlets in the stockwork hosted by the felsic intrusion locally indicate the presence of silver, lead and zinc as well as some antimony. During the exploration program, Prismo’s geological team took 34 rock chip samples over the area. These samples were submitted to the laboratory with assay results expected in the coming weeks.

Craig Gibson, Chief Exploration Officer of the Company, stated: ‘These results confirm Black Diamond as a copper-gold replacement body target as was indicated from previous work, making this area a compelling drill target. The data collected from the felsic intrusion indicated that it is mineralized, a feature that was not indicated in reports from previous work by Fischer Watt in 1980, although they considered it a prime target based on alteration mineralogy and fluid inclusion studies 1 .’

Drill Permit Update

Prismo also announced that the Forest Service, the federal surface land management entity for Silver King, has determined that the Company’s proposed drill plan meets the regulatory requirements for processing, and that such plan is complete, as described in the regulations at 36 CFR 228.4(c).

The Forest Service will now proceed with the environmental analysis pursuant to 36 CFR 228(a)(5) in conformity with the National Environmental Policy Act (NEPA). This analysis will proceed as a Categorical Exclusion, the lowest level of environment reviews applicable to projects that are not expected to have a significant effect on the environment, such as Silver King.

Alain Lambert, CEO of Prismo stated: ‘We are pleased with the steady progress on the permitting front, especially given the now resolved US government ‘shutdown.’

Mr. Lambert added: ‘With the closing of our recent oversubscribed financing, we are fully funded for the first two phases of drilling. In Phase 1, we plan a drill program at the historic Silver King mine site for about 1,000 meters. That drill plan is designed to test the upper half of the steeply dipping pipelike Silver King mineralized body as well as potential mineralization adjacent to the dense stockwork that was the focus of historic mining.’

Figure 2 . Cross section through the Silver King mine workings showing proposed drill holes (in black) to test the pipelike mineralized body (in red)

Given the Company’s recent discoveries, Prismo has added a second phase of drilling for an additional 1,000 meters. This additional program will focus on the newly identified targets outside of the historic mining area, such as the polymetallic vein and the copper vein mentioned above. Drilling of the large body of replacement mineralization on the patented Black Diamond claim is also being planned and is road accessible on private ground.

1 Haynes, F. and Reynolds, 1980, Silver King Breccia Pipe Prospect, unpublished report, Fischer-Watt Mining Co., 5p.

QA/QC

XRF analyses are considered to be qualitative in nature and cannot be considered to be representative of commercial assays. XRF soil analyses are useful as they indicate variations in metal contents to represent anomalies, although the actual values of the metals present are not necessarily the same as those obtained from commercial geochemical analyses. The company uses commercial standards when using the XRF analyzer.

Qualified Person

Dr. Craig Gibson, PhD., CPG., a Qualified Person as defined by NI-43-01 regulations and Chief Exploration Officer and a director of the Company, has reviewed and approved the technical disclosures in this news release. The historic data presented in this press release was obtained from public sources, should be considered incomplete and is not qualified under NI 43-101, but is believed to be accurate. The Company has not verified the historical data presented and it cannot be relied upon, and it is being used solely to aid in exploration plans. References to mineralization at the Magma Mine and Resolution Copper deposit is not necessarily indicative to the mineralization on the Silver King property.

About the Silver King

Discovered in 1875, the Silver King mine was one of Arizona ‘ s most important historic producers, yielding nearly 6 million ounces of silver at grades of up to 61 oz/t. The Silver King mine sits only 3 km from the main shaft of the Resolution Copper project — a joint venture between Rio Tinto and BHP and one of the world ‘ s largest unmined copper deposits with an estimated copper resource of 1.787 billion metric tonnes at an average grade of 1.5% copper (1) . The unique land position is fully surrounded by Resolution Copper ‘ s claim block, offering strategic upside. Selected samples from small-scale production in the late 1990s returned grades as high as 644 oz/t silver (18,250 g/t) and 0.53 oz/t gold (15 g/t), indicating that high-grade mineralization remains.

About Prismo Metals Inc.

Prismo (CSE: PRIZ,OTC:PMOMF) is a mining exploration company focused on advancing its Silver King, Ripsey and Hot Breccia projects in Arizona and its Palos Verdes silver project in Mexico.

Please follow @PrismoMetals on , , , Instagram , and

Prismo Metals Inc.

1100 – 1111 Melville St., Vancouver, British Columbia V6E 3V6

Phone: (416) 361-0737

Contact:

Alain Lambert, Chief Executive Officer alain.lambert@prismometals.com

Gordon Aldcorn, President gordon.aldcorn@prismometals.com

Cautionary Note Regarding Forward-Looking Information

This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as ‘ intends’ or ‘ anticipates’, or variations of such words and phrases or statements that certain actions, events or results ‘ may’, ‘ could’, ‘ should’, ‘ would’ or ‘ occur’. This information and these statements, referred to herein as ‘forward‐looking statements’, are not historical facts, are made as of the date of this news release and include without limitation, statements regarding discussions of future plans, estimates and forecasts and statements as to management’s expectations and intentions with respect to, among other things: the timing, costs and results of drilling at Silver King.

These forward‐looking statements involve numerous risks and uncertainties, and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things: delays in obtaining or failure to obtain appropriate funding to finance the exploration program at Silver King.

In making the forward-looking statements in this news release, the Company has applied several material assumptions, including without limitation, that: the ability to raise capital to fund the drilling campaign at Silver King and the timing of such drilling campaign.

Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such 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 forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial outlook that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.

News Provided by TheNewsWire via QuoteMedia

This post appeared first on investingnews.com

Politics

Khanna, Massie, Greene urge Senate to pass Epstein bill unchanged, warn of ‘reckoning’

House lawmakers gearing up to vote Tuesday on a bill that would force the Justice Department to release all its files relating to Jeffrey Epstein are pressuring the Senate to pass the measure without any amendments.

The legislation is coming to the House floor Tuesday afternoon via a mechanism called a discharge petition led by Rep. Ro Khanna, D-Calif., and Rep. Thomas Massie, R-Ky. A discharge petition allows a bill to get a House-wide vote against leaders’ wishes, provided the petition gets support from most lawmakers in the chamber. In this case, the petition last week earned support from most lawmakers in the chamber, including from Rep. Marjorie Taylor Greene, R-Ga.

‘This has never been political. This is not about questions of Trump or Biden. This is a question of doing the right thing for survivors. We’re going to get a vote today. I expect an overwhelming vote in the House of Representatives. And I don’t want the DC swamp playing any games,’ Khanna said Tuesday as he appeared at a press conference alongside Massie, Greene and some of Epstein’s survivors.

‘They need to pass this in the Senate, and they should not amend it. President Trump has said he would sign the Epstein Transparency Act. It’s going to get overwhelming support in the House. It should go straight to the Senate, and it should be signed. No amendments, no adding loopholes. Justice is long overdue,’ he added.

Massie reiterated Khanna’s statements.

‘As Ro said, don’t muck it up in the Senate. Don’t get too cute,’ Massie warned the upper chamber. ‘We’re all paying attention. If you want to add some additional protections for these survivors, go for it. But if you do anything that prevents any disclosure, you are not for the people, and you are not part of this effort. Do not muck it up in the Senate.’

GOP lawmakers who spoke with Fox News Digital Monday evening said they would vote for the bill and were optimistic their colleagues would as well — though many of them said they still had concerns about how it was written.

It comes after House Speaker Mike Johnson, R-La., who had been against the bill but pushed parallel transparency efforts in Epstein’s case, said he hoped it would undergo material changes when it reached the Senate to give more protection for innocent people whose names may appear in the files against their wishes.

‘These women have fought the most horrific fight that no woman should have to fight, and they did it by banding together and never giving up,’ Greene said Tuesday. ‘And that’s what we did by fighting so hard against the most powerful people in the world, even the President of the United States, in order to make this vote happen today.’

‘I was called a traitor by a man that I fought for five, no, actually, six years for. And I gave him my loyalty for free. I won my first election without his endorsement, beating eight men in a primary, and I’ve never owed him anything. But I fought for him for the policies and for America First,’ Greene said, days after President Donald Trump pulled his endorsement of the Georgia Republican. ‘And he called me a traitor for standing with these women and refusing to take my name off the discharge petition.’

‘Let me tell you what a traitor is,’ Greene added. ‘A traitor is an American that serves foreign countries and themselves. A patriot is an American that serves the United States of America and Americans, like the women standing behind me.’

‘And today, you are going to see probably a unanimous vote in the House to release the Epstein files. But the fight, the real fight will happen after that. While I want to see every single name released so that these women don’t have to live in fear and intimidation, which is something I’ve had a small taste of in just the past few days. Just a small taste,’ she added. ‘They’ve been living it for years, but the real test will be will the Department of Justice release the files, or will it all remain tied up in investigations?’

Khanna also called Tuesday the ‘first day of real reckoning for the Epstein class.’

‘We’re here to stand with forgotten and abandoned Americans against an Epstein class that had no regard for the rules or the laws,’ Khanna continued. ‘Because survivors spoke up, because of their courage, the truth is finally going to come out. And when it comes out, this country is really going to have a moral reckoning.’

‘How did we allow this to happen? There should be no buildings named after people in this Epstein class. There should be no scholarships named after them. They shouldn’t be enjoying the perks of being affiliated with corporations or universities, or writing op-eds or being lionized. And many of the survivors will tell you some of these people still are celebrated in our society. That’s disgusting. There needs to be accountability,’ he also said.

Fox News Digital’s Elizabeth Elkind contributed to this report.

This post appeared first on FOX NEWS

Politics

Netanyahu calls on neighboring nations to join Israel in ‘expelling Hamas’ from region

Israeli Prime Minister Benjamin Netanyahu is calling on neighboring nations to join in the Jewish state’s fight to expel Hamas out of the region.

‘Israel extends its hand in peace and prosperity to all of our neighbors and calls on them to normalize relations with Israel and join us in expelling Hamas and its supporters from the region,’ Netanyahu’s office wrote on X.

The statement follows the United Nations Security Council’s (UNSC) endorsement of President Donald Trump’s peace plan for Gaza. The council adopted the plan, which would end the war and deploy an international stabilization force, on Monday.

In an address to the council, Waltz described Gaza as ‘a hell on earth’ after two years of conflict, saying the resolution offered the world a chance to replace ‘rubble where schools once stood’ with ‘a path to peace.’ The measure passed 14–0, with two abstentions — including Russia — and was adopted.

‘Voting yes today isn’t just endorsing a plan,’ Waltz said. ‘It’s affirming our shared humanity. A vote against this resolution is a vote to return to war.’

Netanyahu’s office praised the UNSC for adopting the deal and added that Israel believes the ‘plan will lead to peace and prosperity because it insists upon full demilitarization, disarmament and the deradicalization of Gaza.’

Israel also called for the release of the remaining deceased hostages: Ron Gvili, Dror Or and Sudthisak Rinthalak.

In addition to inviting other nations to join in efforts to expel Hamas, Israel also expressed hope that the plan would lead to the expansion of the Abraham Accords, a set of agreements brokered under Trump’s first administration. Countries that have already signed agreements normalizing their relationships with Israel are the United Arab Emirates, Bahrain, Sudan and Morocco.

‘True to President Trump’s vision, this will lead to further integration of Israel and its neighbors as well as expansion of the Abraham Accords. President Trump’s breakthrough leadership will help lead the region to peace and prosperity and a lasting alliance with the United States,’ Netanyahu’s office added.

A senior Trump administration official said in October, as the peace deal was going into effect in Israel and Gaza, that the U.S. was looking at the end of the war as an opportunity to expand the agreements.

‘There’s a lot of positive momentum that will pick up,’ a senior administration official told reporters. ‘Hopefully this will lead to much better sentiment and the opportunity to expand the Abraham Accords — to really just change the tone in the region.’

Fox News Digital’s Morgan Phillips contributed to this report.

This post appeared first on FOX NEWS

Politics

Saudi Arabia is already America’s top arms buyer and now Trump wants to add F-35s

There’s no business quite like the U.S. arms business and no audience roars louder in approval than Saudi Arabia.

On Tuesday, President Donald Trump is expected to close several deals with Saudi Arabia’s powerful Crown Prince Mohammed bin Salman, a visit that could see billions more in U.S. weapons flow to one of the world’s most prolific importers of military hardware.

Trump told reporters at the White House on Monday that the U.S. will likely move forward with a deal to sell F-35 jets to Saudi Arabia.

The F-35, the crown jewel in Lockheed Martin’s portfolio, is among the most advanced fighter jets in the world and one of the most sought-after symbols of U.S. military might.

Saudi Arabia’s oil-rich monarchy is one of America’s most crucial strategic partners in the Middle East and one of the U.S. defense industry’s most dependable customers.

For Washington, the partnership means billions in defense revenue and a key ally in the Gulf. For Riyadh, it’s a pipeline to the world’s most advanced military technology and a symbol of its ambition to stand shoulder to shoulder with the world’s military powers in a volatile region.

According to a report by the Stockholm International Peace Research Institute, between 2020 and 2024, Saudi Arabia was the top buyer of American-made arms, accounting for 12% of all U.S. weapons exports, followed by Ukraine (9.3%) and Japan (8.8%). The U.S. was also by far the kingdom’s main supplier, providing 74% of all Saudi arms imports during that period.

That level of spending underscores Saudi Arabia’s regional military ambitions, but globally, it’s the U.S. that dominates by an extraordinary margin.

With $997 billion in defense spending in 2024, the U.S. outspent every other nation several times over, investing more than triple what China, the world’s second-largest spender, devoted to its military.

Beyond defense spending, the U.S. also leads the world in arms exports, responsible for nearly half of all major weapons sold globally between 2020 and 2024. In total, 162 nations purchased major weapons systems, but just five importers, Ukraine, India, Qatar, Saudi Arabia and Pakistan, accounted for 35% of global imports, highlighting how concentrated the world’s arms trade remains.

The crown prince serves as the kingdom’s powerful understudy to his 89-year-old father, King Salman. Widely regarded as Saudi Arabia’s de facto ruler, he manages nearly all daily affairs of state and frequently represents the kingdom in international summits and diplomatic meetings.

Tuesday’s meetings will mark the crown prince’s first visit to the White House in more than seven years.

The two last met in May, when Trump made his first state visit of his second term to Riyadh. He was welcomed with a fighter jet escort, an honor guard wielding golden swords and a parade of Arabian horses flanking his limousine.

It was a scene that captured the enduring spectacle of U.S.–Saudi ties, a partnership as opulent as it is strategic and one that remains vital to both nations’ ambitions.

This post appeared first on FOX NEWS

Politics

Mike Johnson reveals how he’ll vote on Epstein files bill led by Trump critic Thomas Massie

Speaker Mike Johnson, R-La., on Tuesday revealed his decision on the House’s forthcoming vote on forcing the Department of Justice (DOJ) to release its files on Jeffrey Epstein.

Johnson told reporters at his weekly press conference that he would vote in favor of the bill, despite concerns about what he saw as lackluster protections for victims and other innocent people whose names may be released against their own wishes.

‘I’m going to vote to move this forward,’ Johnson said.

‘I think it could be close to a unanimous vote, because everybody here, all the Republicans, want to go on record to show their from maximum transparency.’

The vote is expected on Tuesday afternoon at 2 p.m.

The legislation is a bipartisan product by Reps. Ro Khanna, D-Calif., and Thomas Massie, R-Ky. Massie has been known to be a frequent critic of both Johnson and President Donald Trump.

Despite that, Trump gave House Republicans his blessing to vote for the bill on Sunday night.

House GOP leaders had vehemently opposed the legislation for months, arguing it was written in a way that did not provide sufficient protections for innocents while also claiming it was unnecessary given the ongoing bipartisan investigation into Epstein’s crimes.

That probe, led by the House Oversight Committee, has produced tens of thousands of pages of documents both from the DOJ and Epstein’s estate.

Johnson made clear he still held concerns about the bill’s language and said he hoped it would be changed when the legislation was sent to the Senate.

‘We stated our opposition as long as possible, but we’re also for maximum transparency. So what am I to do as a leader in a situation like this?’ the speaker said.

‘I’m very confident that when this moves forward in the process, if and when it is processed in the Senate — which there’s no certainty that that will be — that they will take the time methodically to do what we have not been allowed to do in the House, to amend this discharge petition and to make sure these protections are there.’

He warned it could have a ‘chilling effect’ on future investigations as well.

‘Who’s going to want to come forward if they think Congress can take a political exercise and reveal their identities? Who’s going to come talk to prosecutors? It’s very dangerous. It would deter future whistleblowers and informants,’ he said. ‘The release of that could also publicly reveal the identity, by the way, of undercover law enforcement officers who are working in future operations.’

Johnson said he brought his concerns to Massie and Khanna but was told, in essence, ‘Jump in the Potomac.’

Massie and Khanna, for their part, held a press conference alongside one of the bill’s GOP supporters, Rep. Marjorie Taylor Greene, R-Ga., on Tuesday morning.

‘Don’t muck it up in the Senate. Don’t get too cute. We’re all paying attention,’ Massie warned. ‘If you want to add some additional protections for these survivors, go for it. But if you do anything that prevents any disclosure, you are not for the people, and you are not part of this effort. Do not muck it up in the Senate.’

This post appeared first on FOX NEWS

Politics

Nicki Minaj praised for spotlighting Christian persecution in Nigeria: ‘Body count is just too high to ignore’

Rap star Nicki Minaj is garnering praise for using her platform to shed light on the persecution of Christians in Nigeria.

Ahead of Minaj’s scheduled appearance at the United Nations with U.S. Ambassador to the U.N. Mike Waltz, Knox Thames, a human rights lawyer, thanked the rapper for the attention that she and other stars, like Bill Maher, have brought to the issue.

‘The challenges in Nigeria have been happening for decades, and they’ve largely been ignored. So I welcome these unsuspecting allies shining a light on this,’ Thames said of the celebrities.

Thames, who served as a State Department special advisor for religious minorities under former President George W. Bush, former President Barack Obama and President Donald Trump, said that in Nigeria, ‘the body count is just too high to ignore.’ While he would not say definitively that what is happening in Nigeria is a genocide, he said it is something that must be addressed.

‘This question of, ‘is there a Christian genocide happening?’ It’s a legal question. Genocide is defined by international law, and scholars will debate that. But what’s undeniable is that in the last 20 years, thousands of Christians have been killed, and the body count is just too high to ignore,’ Thames said.

Trump announced in late October that he was designating Nigeria as a ‘country of particular concern,’ citing the widespread killings of Christians in the West African nation.

‘Christianity is facing an existential threat in Nigeria. Thousands of Christians are being killed. Radical Islamists are responsible for this mass slaughter,’ Trump wrote in a post on Truth Social on Oct. 31. ‘The United States cannot stand by while such atrocities are happening in Nigeria, and numerous other countries. We stand ready, willing, and able to save our great Christian population around the world!’

Following the announcement, Minaj said the president’s statement made her ‘feel a deep sense of gratitude.’

‘Reading this made me feel a deep sense of gratitude. We live in a country where we can freely worship God. No group should ever be persecuted for practicing their religion. We don’t have to share the same beliefs in order for us to respect each other,’ Minaj wrote.

On Tuesday, Minaj will address the United Nations on the issue of the persecution of Nigerian Christians.

Waltz, who said he was a fan of the rapper, said on X, ‘I’m grateful she’s leveraging her massive platform to spotlight the atrocities against Christians in Nigeria, and I look forward to standing with her as we discuss the steps the President and his administration are taking to end the persecution of our Christian brothers and sisters.’

Minaj replied, ‘Ambassador, I am so grateful to be entrusted with an opportunity of this magnitude. I do not take it for granted. It means more than you know. The Barbz and I will never stand down in the face of injustice. We’ve been given our influence by God. There must be a bigger purpose.’

Fox News Digital’s Morgan Phillips contributed to this report.

This post appeared first on FOX NEWS