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House Republicans are rolling out a massive election overhaul package ahead of the 2026 midterm elections, including new voter ID requirements as well as limitations on how and when votes are cast.

The Committee on House Administration is unveiling new legislation on Thursday called the Make Elections Great Again (MEGA) Act, which would impose new federal standards on national elections across the U.S.

The sprawling bill includes key portions of the Safeguarding American Voter Eligibility (SAVE) Act, a measure that was led by Rep. Chip Roy, R-Texas, in the House. It comes as the Senate sees a renewed pressure campaign led by Elon Musk and others to take up that legislation.

‘Americans should be confident their elections are being run with integrity — including commonsense voter ID requirements, clean voter rolls, and citizenship verification,’ Committee on House Administration Chairman Bryan Steil, R-Wis., said in a statement.

He said the bill’s guardrails ‘will improve voter confidence, bolster election integrity, and make it easy to vote, but hard to cheat.’

Like the SAVE Act, the legislation would include mandatory proof of citizenship when a person registers to vote for the first time. 

Casting a ballot in federal elections would also require a photo ID. Progressive Democrats and groups like the League of Women Voters have argued that photo ID laws disenfranchise minority voters, while the Heritage Foundation pointed out that it’s shown to be popular across multiple public polls.

Steil’s elections bill would also ban ranked-choice voting in federal races, require states to use auditable paper ballots rather than electronic slips, and impose stronger requirements on voter list maintenance to ensure rolls are up to date.

New guardrails on mail-in ballots include a ban on universal mail-in ballots — meaning voters would have to specifically request one to receive it — while also requiring mail-in ballots to be received by Election Day to count and banning ‘ballot harvesting’ by third parties aiming to deliver them to poll centers.

The new legislation comes ahead of what’s expected to be a difficult midterm election season for Republicans.

Historical trends dictate that the first midterms after power changes hands in Washington normally see that party in power suffer losses, but GOP leaders are publicly optimistic that they can reverse that trend.

Fox News Digital reached out to the White House to ask whether it supports Steil’s bill but did not hear back by press time.

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Flow Metals Corp. (CSE: FWM) (‘Flow Metals’ or the ‘Company’) is pleased to announce a technical update on its Sixtymile Gold Project, Yukon. Recent re-logging of historic drill core has resulted in a revised structural interpretation of gold mineralization.

The revised interpretation supports a fold-controlled orogenic gold model, in which:

  • Gold-bearing quartz veins preferentially develop within competent, quartz-rich layers.
  • Mineralization is structurally focused within antiformal fold geometries.
  • Deformation and veining intensify near a pre-existing ductile shear/thrust zone, interpreted to have acted as a regional fluid conduit.

Figure 1: A- Mylonitic unit displaying foliation and shear fabric parallel to the core axis; porphyroclasts exhibit west vergence, interpreted to reflect movement along the regional thrust fault. B- Light-coloured quartzitic unit with foliation inclined to the core axis. C- Crenulation cleavage developed within the heavily deformed mylonitic unit. The interval just above at 145 m contained 18.1 g/t Au over 0.48 m.

To view an enhanced version of this graphic, please visit:
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Fold Structure Identified

Detailed re-logging of historic drill hole DDH-11-18 has identified a fold structure within the schist host rocks. Core observations show a systematic swing in foliation orientation consistent with a large-scale fold, interpreted to have a wavelength of approximately 100-150 metres. The highest grades in DDH-11-18 correlate with competent quartzite units proximal to well developed crenulation cleavage. This fold geometry provides a new structural framework for understanding the distribution of gold mineralization on the property.

Evidence for Turbidite Protolith

Re-logging also identified sedimentary features interpreted to be consistent with a metamorphosed turbidite sequence, including:

  • Repeated fining-upward units.
  • Interlayered quartz-rich and micaceous horizons, locally carbonaceous.
  • Strong competency contrasts between quartzite and pelitic schist.

These observations suggest that the schist in the target area represents a layered metasedimentary package rather than a homogeneous schistose unit. Competency contrasts between quartz-rich and pelitic layers are interpreted to strongly influence the distribution of deformation and veining.

Figure 2: DDH10-03 (@151 m): Interpreted preserved turbidite sequence showing layered sandy interval fining upward into deformed pelitic schist. This pattern repeats throughout the core.

To view an enhanced version of this graphic, please visit:
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Implications for Gold Mineralization

Historic drill core indicates that gold mineralization is stronger in quartz-rich units than in adjacent schistose intervals, consistent with competency-controlled vein emplacement model.

Exploration Strategy

Future exploration will focus on:

  • Structural modeling of the newly recognized fold architecture.
  • Tracking quartz-rich horizons through the fold geometry.
  • Testing down-plunge continuity of mineralized zones.
  • Evaluating potential fold repetitions along the structural corridor.

This refined model narrows targeting to specific structural positions where favorable host lithologies and deformation conditions coincide.

Investor Awareness Agreement

Qualified Person

Harley Slade, P. Geo., is the Qualified Person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects and has reviewed and approved the technical information contained in this news release. Mr. Slade is Flow Metals Vice President of Exploration and a director of the Company.

About Flow Metals

Flow Metals is a Canadian mineral exploration company focused on grassroots copper and gold discovery in mining-friendly jurisdictions. New Brenda is a copper-silver-molybdenum porphyry project in British Columbia’s Quesnel terrane and Sixtymile is a Yukon gold project in the historic Sixtymile gold district.

For further information, please contact:

Scott Sheldon, President
604.725.1857
scott@flowmetals.com

Forward-Looking Statements

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

Forward-looking statements are based on management’s expectations, estimates, projections and assumptions as of the date hereof and are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to differ materially from those expressed or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to: risks inherent in mineral exploration; uncertainties in geological interpretation and modelling; the speculative nature of mineral exploration and development; the Company’s ability to execute planned exploration programs; availability of equipment, contractors, and personnel; timing and results of exploration work; permitting and regulatory approvals; changes in project parameters as plans continue to be refined; commodity price volatility; currency fluctuations; general market and economic conditions; the Company’s ability to obtain future financing on acceptable terms or at all; and that marketing and investor awareness programs may not yield the intended outcomes or may be modified, suspended or terminated.

Although the Company believes that the assumptions and expectations reflected in the forward-looking statements are reasonable, undue reliance should not be placed on them. The Company does not undertake to update any forward-looking statements, except as required by applicable law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/281980

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Equity Metals Corporation (TSXV: EQTY,OTC:EQMEF) (‘Equity’ or the ‘Company’) announces that the following incumbent directors were re-elected at the Company’s annual general meeting held on January 28, 2026: Joseph A. Kizis, Jr., Lawrence Page, K.C., Killian Ruby, Courtney Shearer and John Kerr. In addition, the shareholders re-appointed Davidson & Company LLP, Chartered Accountants, as auditor of Equity Metals and approved the Company’s rolling incentive stock option plan pursuant to which a maximum of 10% of the issued shares will be reserved for issuance under the plan. The plan is subject to TSX Venture Exchange acceptance.

The following officers were re-appointed subsequent to the annual general meeting: Joseph A. Kizis, Jr. as President, Lawrence Page, K.C. as Chairman, Robert Macdonald as Vice President Exploration, Jay Oness as Vice President Corporate Development, Killian Ruby as Chief Financial Officer, and Arie Page as Corporate Secretary.

Equity Metals has granted incentive stock options to directors, officers and consultants to purchase 9,000,000 common shares of the Company at an exercise price of $0.45 per share, exercisable for a period of five years. The stock options are subject to the terms and conditions of Equity Metals’ stock option plan and the policies of the TSX Venture Exchange.

About Equity Metals Corporation

Equity Metals Corporation is a member of the Malaspina-Manex Group. The Company owns 100% interest, with no underlying royalty, in the Silver Queen project, located along the Skeena Arch in the Omineca Mining Division, British Columbia. The property hosts high-grade, precious- and base-metal veins related to a buried porphyry system, which has been only partially delineated. The Company also has a controlling JV interest (57.49%) in the Monument Diamond project, NWT, strategically located in the Lac De Gras district within 40 km of both the Ekati and Diavik diamond mines. As well, the Company has an option to acquire a 100% interest in the Arlington Property, located within the Boundary District of south-central British Columbia where 2025 exploration work consisted of geophysics and diamond drilling designed to identify and delineate an apparent gold system.

On behalf of the Board of Directors

‘Lawrence Page, K.C.’

Lawrence Page, K.C.
Chairman, Director, Equity Metals Corporation

For further information, visit the website at https://www.equitymetalscorporation.com; or contact us at 604.641.2759 or by email at corpdev@mnxltd.com.

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

This news release contains forward-looking statements. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. Factors that could cause actual results to differ materially from those in forward-looking statements include the timing and receipt of government and regulatory approvals, and continued availability of capital and financing and general economic, market or business conditions. Equity Metals Corporation does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent required by applicable law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/281991

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Rio Silver Inc. (‘Rio Silver’ or the ‘Company’) (TSX-V: RYO | OTC: RYOOF) has initiated metallurgical testwork that will assist in designing a process flow sheet to optimize silver recoveries from planned mineral extraction and processing activities at its Maria Norte Project, Peru.

This is an important step in defining the metallurgical characteristics of the mineralization at Maria Norte. Results of this work will assist the Company in assessing the Project’s potentials value. It is expected that continuing metallurgical work will pursue optimization within a disciplined, low-capital-intensity development framework.

Metallurgical Review and Flow Sheet Design Work

Representative samples of mineralization collected along the targeted Maria Vein, beginning at the planned portal access site and extending along surface exposures, have been submitted to Asesor Procesos Metalurgicos, a specialist firm in mineral processing circuit analysis and design based in Trujillo, Peru.

The metallurgical work is being led by Jose Orlando Moncada Rojas and is focused on:

  • Characterizing silver mineralization and liberation behavior
  • Evaluating processing responses and recovery optimization
  • Designing a preliminary processing flow sheet aligned with third-party toll-milling scenarios

Upon completion of the analytical review and process engineering phase, check samples will be submitted to Certimin in Lima, Peru for an independent follow-up check of the proposed flow sheet design and metallurgical results.

This staged approach is intended to provide technical confidence ahead of processing, while maintaining flexibility and capital discipline.

Management Commentary

‘Metallurgy is the technical foundation that turns mineralization into recoverable silver, and this work is critical to how we move forward,’ said Chris Verrico, President and Chief Executive Officer of Rio Silver. ‘By undertaking a detailed metallurgical review and flow sheet design now, and then independently verifying those results, we are advancing Maria Norte along a disciplined, low-capex processing pathway. The market should view this as a meaningful step toward processing readiness, one that helps solidify our execution plan.’

What’s Next

  • Completion of metallurgical characterization and flow sheet design
  • Independent verification and certification of results by Certimin in Lima
  • Integration of metallurgical outcomes into processing and toll-milling planning
  • Alignment of processing parameters with access, permits, and operational sequencing
  • Continued advancement toward initial processing activities targeted for late 2026 or early 2027

Why This Matters to Investors

For investors, metallurgy is one of the most important technical de-risking steps on the path to processing and cash flow. Positive, independently verified metallurgical results validate recovery assumptions, confirm processing routes, and underpin economic decision-making. At Maria Norte, this work directly supports Rio Silver’s capital-efficient, third-party processing strategy by reducing uncertainty before access and material movement begins. As silver prices remain strong, projects that methodically de-risk metallurgy while preserving a low-capex development model are increasingly well positioned to convert geological potential into realizable value.

Qualified Person

Jeffrey Reeder, P.Geo., is a Qualified Person as defined by National Instrument 43-101 and has reviewed and approved the technical information contained in this news release. Mr. Reeder is a consultant to the Company and is not independent within the meaning of NI 43-101.

About Rio Silver Inc.

Rio Silver Inc. (TSX-V: RYO | OTC: RYOOF) is a Canadian resource company advancing high-grade, silver-dominant assets in Peru, the world’s second-largest silver producer. The Company is focused on near-term development opportunities within proven mineral belts and is supported by a seasoned technical and operational team with deep experience in Peruvian geology, underground mining, and district-scale exploration. With a clear development strategy and a growing portfolio of highly prospective silver assets, Rio Silver is establishing the foundation to become one of Peru’s next emerging silver producers.

Learn more at www.riosilverinc.com

Stay Connected with Rio Silver
Investors and stakeholders are encouraged to follow Rio Silver for the latest company updates, project milestones, and event announcements across the Company’s official social media channels:

    By following Rio Silver’s official channels, investors can stay informed as the Company advances its silver-dominant projects and executes on key development milestones.

    ON BEHALF OF Rio Silver INC.

    Chris Verrico
    Director, President and Chief Executive Officer

    To learn more or engage directly with the Company, please contact:
    Christopher Verrico, President and CEO
    Tel: (604) 762-4448
    Email: chris.verrico@riosilverinc.com
    Website: www.riosilverinc.com

    Cautionary Note Regarding Forward-Looking Information

    This news release contains ‘forward-looking statements’ within the meaning of applicable Canadian securities laws. Forward-looking statements include, but are not limited to, statements regarding anticipated development activities, underground access timing, permitting progress, community engagement, processing strategies, and the Company’s ability to advance toward potential production and cash flow. Forward-looking statements are subject to known and unknown risks and uncertainties that may cause actual results to differ materially. Readers are cautioned not to place undue reliance on forward-looking statements. Rio Silver undertakes no obligation to update such statements except as required by law.

    Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

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    Silverco Mining Ltd. (TSXV: SICO,OTC:QTZCF) (‘Silverco’ or the ‘Company’) is pleased to announce that it has entered into an agreement with Velocity Capital Partners (‘Velocity’), as lead underwriter and sole bookrunner, on its own behalf and on behalf of a syndicate of underwriters (collectively, with Velocity, the ‘Underwriters’), pursuant to which the Underwriters have agreed to purchase, on a ‘bought deal’ basis, 3,200,000 common shares of the Company (the ‘Offered Shares’) at a price of $12.50 per Offered Share (the ‘Issue Price’) for aggregate gross proceeds to the Company of $40 million (the ‘Offering’).

    The Offered Shares will be offered in each of the Provinces and Territories of Canada (other than Québec) in reliance on the ‘listed issuer financing exemption’ from the prospectus requirements available under National Instrument 45-106 − Prospectus Exemptions (‘NI 45-106‘), as modified by Coordinated Blanket Order 45-935 – Exemptions from Certain Conditions of the Listed Issuer Financing Exemption (the ‘Listed Issuer Financing Exemption‘). The Offered Shares may also be offered on a private placement basis in such offshore jurisdictions may be mutually agreed between the Company and Velocity, provided it is understood that no prospectus filing or comparable obligation, ongoing reporting or continuous disclosure requirement or requisite regulatory or governmental approval arises in such jurisdictions, and the United States pursuant to an exemption from the registration requirements of the United States Securities Act of 1933 (the ‘U.S. Securities Act‘), as amended. Any such Offered Shares will be characterized as ‘restricted securities’ under the U.S. Securities Act.

    In addition, the Company has granted the Underwriters an option to purchase for resale up to an additional 480,000 Offered Shares under the Listed Issuer Financing Exemption at the Issue Price for additional gross proceeds of up to $6 million, on the same terms and conditions as set out herein, exercisable in whole or in part at any time up to 48 hours prior to the Closing Date.

    The net proceeds of the Offering will be used by the Company for exploration, evaluation and restart work on the Cusi Project, general and administrative expenditures and working capital.

    The Offered Shares to be issued pursuant to the Listed Issuer Financing Exemption will not be subject to resale restrictions pursuant to applicable Canadian securities laws.

    There is an offering document related to the Offering that can be accessed on SEDAR+ (www.sedarplus.ca) under Silverco’s issuer profile and on the Company’s website at www.silvercomining.com. Prospective investors should read this offering document before making an investment decision concerning the Offered Shares.

    The Offering is expected to close on or about February 19, 2026 (the ‘Closing Date‘) and is subject to certain closing conditions including, but not limited to, the receipt of all necessary approvals including the conditional listing approval of the TSX Venture Exchange (‘TSXV‘) and the applicable securities regulatory authorities. The Offering is subject to final acceptance of the TSXV.

    The Offered Shares have not been registered and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful.

    About Silverco Mining Ltd.

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

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

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

    On Behalf of the Board of Directors,

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

    For further information, please contact:
    Investor Relations & Communications
    Email: info@silvercomining.com
    www.silvercomining.com

    Cautionary Statement and Forward-Looking Information

    This news release contains ‘forward-looking statements’ within the meaning of the applicable Canadian securities legislation that are based on expectations, estimates, assumptions, geological theories, and projections as at the date of this news release. The information in this news release about any information herein that is not a historical fact may be ‘forward looking statements.’ Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (which may, but not always, include phrases such as ‘anticipates’, ‘plans’, ‘scheduled’, ‘believed’ 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) including statements regarding the Company’s plans with respect to the Company’s projects and the timing related thereto, the merits of the Company’s projects, the Company’s objectives, plans and strategies, the Offering, the listing of the Common Shares on the TSXV, the use of proceeds of the Offering and other matters are not statements of historical fact and may be forward-looking statements and are intended to identify forward-looking statements.

    Although the forward-looking statements contained in this news release are based upon what management believes, or believed at the time, to be reasonable assumptions, the Company cannot assure readers that actual results will be consistent with such forward-looking statements, as there may be other factors that cause results not to be as anticipated, estimated or intended. Such factors include, among others, with respect to the Offering, the conditions of the financial markets, timeliness of completion of the Offering, and the timing of TSXV approval; and with respect to the use of proceeds, the availability of drills and personnel, weather, the speculative nature of mineral exploration and development, fluctuating commodity prices, risks relating to the timing and ability of the Company to obtain and the timing of the approval of relevant regulatory bodies, if at all; risks relating to property interests; risks related to access to the project; risks inherent in mineral exploration, including the fact that any particular phase of exploration may be unsuccessful; the availability of contractors; geo-political risks; the global economic climate; metal prices; environmental risks; political risks; and community and non-governmental actions, as described in more detail in our recent securities filings available on SEDAR+ (www.sedarplus.ca) under Silverco’s issuer profile. Further to this, geological similarities or characteristics are not guarantees or certainties of successful exploration. Neither the Company nor any other person assumes responsibility for the accuracy and completeness of any such forward-looking statements. Accordingly, readers should not place undue reliance on forward-looking statements. When considering this forward-looking information, readers should keep in mind the risk factors and other cautionary statements in the Company’s disclosure documents filed with the applicable Canadian securities regulatory authorities on SEDAR+ (www.sedarplus.ca) under Silverco’s issuer profile. The risk factors and other factors noted in the disclosure documents could cause actual events or results to differ materially from those described in any forward-looking information. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

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

    Not for distribution to United States newswire services or for dissemination in the United States

    To view the source version of this press release, please visit https://www.newsfilecorp.com/release/282044

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    First Development Resources plc (AIM: FDR), a UK-based, Australia-focused mineral exploration company with interests in Western Australia and the Northern Territory, is pleased to provide an update on its gold (‘Au’) focused exploration at the Selta Project (‘Selta’ or the ‘Project’), located in the Aileron Province of Australia’s Northern Territory.

    HIGHLIGHTS

    • The high-resolution aeromagnetic (‘AMAG’) and radiometric (‘RAD’) geophysical survey over the Lander West regional gold target area has been successfully completed, covering approximately 4,200-line kilometres and delivering a high-quality geophysical survey dataset for targeting Au.
    • Updated AMAG / RAD images are being interpreted, enhancing FDR’s understanding of subsurface geology, structures, and alteration patterns for drill targeting gold mineralisation associated with anomalous surface geochemical and historical shallow drilling results.
    • These new airborne geophysical survey results will be integrated with ongoing Gradient Array Induced Polarisation (‘GAIP’) survey results and historical geochemistry from surface sampling and shallow drilling to refine and prioritise target zone for future drilling.
    • Planning and applications for land access and heritage approvals over target areas is currently underway.

    Tristan Pottas, Chief Executive Officer of FDR, commented:

    ‘Completion of the high-resolution AMAG and radiometric survey at Lander West represents a major step forward and it has materially improved our understanding of the subsurface geology and structural controls on mineralisation. We are grateful for the support received from Thomson Airborne, who delivered a high-quality, professional dataset on schedule over the holiday period.

    The integration of the AMAG / RAD data with results from the ongoing GAIP survey and historical geochemical information will allow us to systematically refine and prioritise gold drill targets. We are very pleased with the quality of the datasets delivered and look forward to advancing Lander West through the next phase of exploration.’

    AMAG / RAD SURVEY OUTCOMES

    The completed AMAG / RAD survey was flown by Thomson Airborne Pty Ltd in early January 2026 using 100m spaced flight lines to generate high-resolution magnetic and radiometric datasets along approximately 4,200-line kilometres. The survey has delivered detailed imaging of structural features, lithological boundaries, and alteration signatures across the Lander West gold target area.

    A comparison between the original regional airborne magnetic anomaly imagery and the new FDR acquired high-resolution AMAG imagery is provided in Figure 1 (original) and Figure 2 (newly acquired imagery). The new AMAG survey data have been processed to provide very detailed imagery on the subsurface geology and structure that will help FDR’s technical team to better constrain structures of interest for drill targeting Au mineralisation.

    Figure 2 presents the First Vertical Derivative (‘1VD’) of Total Magnetic Intensity reduced to magnetic pole (TMI RTP) filtered anomaly image. Additional data processing methods and three-dimensional (‘3D’) inversion modelling results are being reviewed to identify areas of granitic intrusive contacts with meta-sediments and meta-volcanic host rocks, zones of folding and faulting, and hydrothermal alteration zones, which are key targeting criteria for potential gold mineralisation.

    The newly acquired AMAG / RAD data results will be integrated with chargeability and resistivity information generated from the ongoing GAIP geophysics survey to better constrain and target potential mineralised zones at depth for follow up air-core (‘AC’) drilling transects to test shallow targets and reverse circulation (‘RC’) drilling to test deeper GAIP targets and drill under historical shallow Au anomaly zones. This combined geophysical interpretation, together with historical geochemical datasets, will underpin a robust, multi-disciplinary targeting framework to identify and prioritise drill-ready gold targets.

    LANDER WEST GOLD TARGET

    Following detailed desktop studies, FDR has identified the Lander West regional gold target area as a priority focus within the broader Selta Project. This target has been supported by a comprehensive gold targeting study completed by Resource Potentials Pty Ltd (‘ResPot’), a Perth, Western Australia-based Mineral Exploration and Geophysical Consultancy. ResPot has been commissioned to integrate historical drilling, geological, geophysical, and geochemical datasets to help FDR define high-potential gold targets for follow-up work.

    Lander West is interpreted as a continuation of the Stafford Gold Trend, where the adjacent ground hosts high-grade gold and antimony (‘Sb’) mineralisation in the same geological units extending to the southeast (1). Gold mineralisation is believed to be shear-hosted, associated with zones of deformation and hydrothermal alteration, which produce subtle but measurable variations in magnetic response. Within Lander West, a very large granitic batholith, with smaller granite stocks along its margin, have been identified by the AMAG data to sit below thin sand cover sediments, and these granites are a likely source for the Au (and Sb) mineralising fluids to form Intrusive Related Gold (‘IRG’) and skarn type gold targets with FDR’s land holding. High-resolution geophysical datasets are therefore critical to refining drill targets and advancing FDR’s gold exploration programme.

    NEXT STEPS

    Interpretation and 3D inversion modelling of the integrated AMAG / RAD, GAIP survey results and geochemical datasets is underway, and the result is already informing key areas for follow-up exploration planning, including the design and prioritisation of future AC and RC drilling programmes at Lander West. This systematic, data-driven approach is intended to maximise discovery potential while maintaining a disciplined and cost-effective exploration strategy over such a large gold target area.

    Further updates will be provided as interpretation progresses and exploration activities advance.

    Figure 1: Original regional scale AMAG data anomaly image (1VD filtered and grey colour scale) from the Selta Project Lander West gold target area.

    Figure 2: Newly-acquired first vertical derivate (1VD) on total magnetic intensity (TMI) filtered AMAG anomaly imagery from the Selta Project Lander West gold target area. This processing method helps sharpen shallow geological effects, such as fault systems, folds and shear zones, and it clearly identified a newly discovered granite contact in the north, which is a likely driver for hydrothermal fluids and heat to produce Au mineralisation.

    REFERENCE

    1. iTech Minerals Ltd (ASX: ITM) announcement dated 12 January 2026
    (2924-03045120-2A1647835&v=undefined)

    QUALIFIED PERSON STATEMENT

    The technical information contained in this disclosure has been reviewed and approved by Mr Nicholas O’Reilly (MSc, DIC, MIMMM QMR, MAusIMM, FGS), who is a qualified geologist and acts as the Qualified Person under the AIM Rules – Note for Mining and Oil & Gas Companies. Mr O’Reilly is a principal consultant working for Mining Analyst Consulting Ltd which has been retained by First Development Resources plc to provide technical support.

    GLOSSARY

    Term

    Definition

    3D Inversion Modelling

    A technique that converts geophysical survey data into a three-dimensional (3D) map of underground structures, highlighting areas likely to host minerals.

    Aeromagnetic (AMAG) survey

    An airborne geophysical survey that measures variations in the Earth’s magnetic field to map subsurface geology and structures.

    Air-Core (AC) Drilling

    A drilling method for sampling shallow rocks efficiently, commonly used in early-stage exploration.

    Alteration patterns

    Recognisable changes in rocks caused by hot fluids moving through them, which can help indicate where valuable minerals may be concentrated.

    Chargeability information (GAIP Survey)

    Measures how strongly subsurface rocks hold an electric charge after introducing an electrical transmitter current into the ground, helping identify zones with disseminated sulphide minerals linked to gold.

    First Vertical Derivative (1VD)

    A magnetic data filter processing technique that calculates the rate of change of the magnetic field with height, enhancing short-wavelength anomalies and sharpening the edges of magnetic anomalies related to geological contacts, alteration zones, faults, and shear zones.

    Geochemical information

    Chemical data from rocks, soils, or fluids that is used to identify and understand areas with potential mineral deposits.

    Geophysical survey

    A method of measuring physical property changes in the Earth, such as magnetism, gravity, or electrical conductivity, to identify subsurface geological rock units, structures and potential mineral deposits.

    Gradient Array Induced Polarisation (GAIP) survey

    A geophysical survey method that maps anomalies caused by subsurface geology and mineralisation by measuring electrical properties of the ground. GAIP helps identify and prioritise prospective gold targets for follow-up exploration and drilling.

    Granitic Batholith

    A large underground granite body often associated with mineral deposits.

    High-resolution (AMAG Survey)

    Refers to geophysical data collected at closely spaced intervals (100m or less), providing detailed and precise information about subsurface magnetic features to improve target definition for exploration.

    Hydrothermal alteration

    Changes in rock caused by hot, mineral-rich fluids, often forming new minerals and altering the rock’s original composition.

    Intrusive Related Gold (IRG)

    Gold associated with igneous intrusions, commonly forming structurally controlled or disseminated deposits.

    Line Kilometre

    One kilometre of a geophysical survey line flown or surveyed. Total line kilometres indicate the survey’s overall coverage.

    Lithological boundary

    The contact or transition between different rock types, which can influence how fluids move and where minerals may accumulate.

    Metasediments

    Sediment-based rocks that have been metamorphosed, often forming targets for mineral exploration.

    Meta-volcanic host rocks

    Volcanic rocks altered by heat or pressure that host or control the formation of mineral deposits.

    Mineralisation

    The process by which valuable minerals are formed and concentrated in rocks, creating zones that may be mined for metals or other resources.

    Radiometric (RAD) survey

    Measures natural gamma radiation from rocks and regolith related to potassium (K), thorium (Th) and uranium (U) concentrations in the surface outcrop to highlight areas altered by minerals, helping pinpoint potential gold and other deposits.

    Resistivity information (GAIP Survey)

    Measures how strongly subsurface rocks resist electrical current, helping map geological rock units, structures, sulphide mineralisation and hydrothermal alteration zones

    Reverse-Circulation (RC) Drilling

    A standard exploration drilling approach that produces clean samples for assessing mineral deposits.

    Shear hosted

    Describes a rock or mineral deposit that occurs within, and is controlled by, a shear zone, where deformation created pathways for hydrothermal fluids and mineral deposition.

    Shear zone

    A zone of intense deformation where rocks have been sheared and fractured, often hosting gold due to the increased porosity formed along the shear zone.

    Skarn-Type Gold Targets

    Gold deposits formed where igneous intrusions alter carbonate rocks, creating mineral-rich zones.

    Stafford Gold Trend

    A regionally significant mineralised corridor in the Northern Territory, Australia, known for hosting gold and high-grade antimony deposits, which provides structural and geological continuity for exploration targets like Lander West.

    Structural feature

    A geological break or deformation in rocks such as faults, shear zones, or folds.

    Subsurface geology

    The type, structure, and arrangement of rocks below the Earth’s surface that help explain how mineral deposits may have formed.

    Total Magnetic Intensity (TMI)

    The measured strength of the Earth’s magnetic field at a location, including contributions from both the regional geomagnetic field and local magnetic variations caused by subsurface geology.

    Zone of deformation

    An area of rock altered or deformed by stress, such as faulting or folding.

    For further information visit www.firstdevelopmentresources.com or contact the following:

    First Development Resources plc

    Tristan Pottas (CEO)

    Tel: +44 (0) 20 3778 1397

    Beaumont Cornish Limited

    Nominated Adviser

    Roland Cornish / Asia Szusciak

    Tel: +44 (0) 20 7628 3396

    SI Capital Limited

    Broker

    Nick Emerson

    Tel: +44 (0) 1483 413 500

    Beaumont Cornish Limited (‘Beaumont Cornish’) is the Company’s Nominated Adviser and is authorised and regulated by the FCA. Beaumont Cornish’s responsibilities as the Company’s Nominated Adviser, including a responsibility to advise and guide the Company on its responsibilities under the AIM Rules for Companies and AIM Rules for Nominated Advisers, are owed solely to the London Stock Exchange. Beaumont Cornish is not acting for and will not be responsible to any other persons for providing protections afforded to customers of Beaumont Cornish nor for advising them in relation to the proposed arrangements described in this announcement or any matter referred to in it.

    ABOUT FIRST DEVELOPMENT RESOURCES

    First Development Resources’ assets comprise eight granted tenements covering a total area of 2,314.4km2. Five of the tenements, comprising three prospective copper-gold projects, are located in Western Australia (WA), while the remaining three tenements, comprising a rare-earth element (REE), uranium, lithium and gold project, are located in the Australian’s Northern Territory. All tenements are wholly owned by FDR. The assets are a mixture of drill ready and earlier stage exploration.

    The WA Projects include the Company’s Wallal Project, as well as Ripon Hills and Braeside West Projects, which are all situated in the Paterson Province, which is widely regarded as one of the most productive regions in Australia for the discovery of world-class gold-copper deposits, and is home to several world-class mines and more recent discoveries.

    The Selta Project in the Northern Territory is located in an area considered to be highly prospective for uranium and rare-earth element mineralisation, along with base and precious metal mineralisation. Numerous companies are actively exploring within the region.

    Beyond the existing portfolio, FDR is actively looking to expand its portfolio through the acquisition of early-stage exploration projects in Australia.

    Source

    This post appeared first on investingnews.com

    Secretary of State Marco Rubio will publicly testify on the Trump administration’s policy in Venezuela Wednesday morning after vowing to lawmakers that no more military action was expected in the region. 

    Rubio’s return to the Hill, an increasingly frequent occurrence in recent months, comes after he, President Donald Trump, administration officials and Senate Republican leadership successfully killed a bipartisan push to rein in the president’s war authorities in Venezuela. 

    His scheduled appearance before the Senate Foreign Relations Committee Wednesday at 10 a.m. comes just weeks after he helped to convince two lawmakers, Sens. Todd Young, R-Ind., and Josh Hawley, R-Mo., to flip their votes and back the administration. 

    Both were concerned about boots on the ground in Venezuela and Congress’ constitutional authority to weigh in on the matter.

    They were convinced by Rubio and the administration that no further military action would take place, and that if it were, President Donald Trump would come to Congress first. 

    Young said at the time that the effort, spurred by Sen. Tim Kaine, D-Va., was ultimately just a messaging exercise that never would have survived in the House, nor evaded a veto from Trump. 

    ‘I had to accept that this was all a communications exercise,’ Young said. ‘I think we [used] this moment to shine a bright light on Congress’ shortcomings as it relates to war powers in recent history.’

    Rubio also wrote to Senate Foreign Relations Chair James Risch, R-Idaho, to spell out that the administration would clue in Congress should any future military action take place in the region.

    ‘Should there be any new military operations that introduce U.S. Armed Forces into hostilities, they will be undertaken consistent with the Constitution of the United States, and we will transmit written notifications consistent with section 4(a) of the War Powers Resolution (Public Law 93-148),’ he said.

    However, Rubio’s appearance before the panel comes on the heels of unrest stateside following another fatal shooting in Minnesota, where Alex Pretti was killed in the midst of a Department of Homeland Security-led immigration operation in Minneapolis.

    While he won’t have to answer for that situation, it has drastically shifted the Senate’s attention over the last several days. 

    It also follows Kaine’s vow to file several more war powers resolutions against Trump, specifically against action in Greenland, Iran and elsewhere. 

    Kaine believed that he could take advantage of cracks that formed in Republicans’ unified front earlier this month, when five joined all Senate Democrats to advance his resolution to require any future military action in Venezuela would need Congress’ approval.

    ‘The way cracks grow is through pressure and the pressure campaign that I sort of decided to launch by use of these privileged motions,’ Kaine said after his initial push failed. 

    ‘I’m going to file every one I can to challenge emergencies, to challenge unlawful wars, to seek human rights reports, arms transfers if they’re wrong,’ he continued.

    This post appeared first on FOX NEWS

    House Republicans are coalescing around progressive ‘Squad’ member Rep. Ilhan Omar, D-Minn., after she was attacked during a town hall in Minneapolis on Tuesday night.

    ‘This is totally unacceptable. I am glad Rep. Omar is okay,’ Rep. Pete Stauber, R-Minn., wrote on X in response to a video of the incident.

    It’s a rare show of bipartisanship in the face of political violence that has become common in recent years amid increasingly volatile rhetoric on both sides.

    Support for Omar came from both conservative and moderate Republicans after a man appeared to confront her and spray a substance on her before he was quickly subdued at her public event.

    ‘Political, religious, and ideological differences never justify violence,’ Rep. Nathaniel Moran, R-Texas, wrote of the attack. ‘Those who resort to violence to make a political point should understand that such actions only undermine the very rights that form the foundation of our Republic.’

    Rep. Tom Barrett, R-Mich., noted that political violence against members of Congress had been escalating for some time.

    ‘The assault on Congresswoman Omar is disturbing and unacceptable, and the attacker must be prosecuted and punished to the full extent of the law,’ he said in his own statement. ‘This attack is the latest of thousands of acts and threats of violence directed against Congress over the past year, resulting in a 57% increase just since 2024.’

    Moderate Rep. Don Bacon, R-Neb., similarly said Wednesday morning, ‘I condemn the attack on Rep. Ilhan Omar that occurred yesterday.’

    ‘We always have the right to free speech and to petition the government, but political violence must be dealt with sternly. The criminal here needs to spend some time behind bars,’ Bacon said.

    And Rep. Nancy Mace, R-S.C., noted she ‘deeply disagreed’ with Omar but said she was ‘deeply disturbed’ by the attack.

    ‘No elected official should face physical attacks. This is not who we are,’ Mace said.

    It comes in addition to a slew of Democrats condemning the incident, though several immediately sought to blame President Donald Trump and the GOP for previously criticizing the progressive Minnesota lawmaker.

    ‘Trump’s hateful, dangerous rhetoric fuels this kind of political violence, and we must all reject it,’ said Rep. Rob Menendez, D-N.J.

    And Rep. Alexandria Ocasio-Cortez, D-N.Y., wrote on X, ‘It is not a coincidence that after days of President Trump and [Vice President] Vance putting Rep. Omar in their crosshairs with slanderous public attacks, she gets assaulted at her town hall.’

    The attack occurred minutes after Omar’s town hall began, and despite being urged to wrap up the event, she continued until the end.

    Her office released a statement afterward, ‘During her town hall, an agitator tried to attack the Congresswoman by spraying an unknown substance with a syringe. Security and the Minneapolis Police Department quickly apprehended the individual. He is now in custody. The Congresswoman is okay. She continued with her town hall because she doesn’t let bullies win.’

    The suspect who attacked her was arrested and charged with third-degree assault.

    This post appeared first on FOX NEWS

    The U.S. is not preparing to utilize additional military force in Venezuela, but won’t hesitate to employ such force in the event of an ‘imminent threat,’ according to Secretary of State Marco Rubio. 

    ‘The president never rules out his options as commander-in-chief to protect the national interest of the United States,’ Rubio told lawmakers on the Senate Foreign Relations Committee Wednesday. ‘I can tell you right now with full certainty, we are not postured to, nor do we intend or expect to have to take any military action in Venezuela at any time. The only military presence you will see in Venezuela is our Marine guards at an embassy.’ 

    That said, Rubio said that certain events could warrant military actions — pointing to a hypothetical scenario where an Iranian drone factory emerged in the region and threatened U.S. presence or allies there. 

    ‘The president does reserve the option in self-defense to eliminate that threat,’ Rubio said. ‘We don’t see that, we don’t anticipate that, but it could happen. We hope not … But I think it would require the emergence of an imminent threat of the kind that we do not anticipate at this time.’ 

    Rubio’s remarks came in response to questions about his prepared statement, which said that the U.S. is prepared to exert military force to ensure cooperation from Venezuela’s interim government if it defies Washington following the ouster of dictator Nicolás Maduro. 

    ‘We are prepared to use force to ensure maximum cooperation if other methods fail,’ Rubio’s prepared testimony had said, which he ultimately did not end up using. ‘It is our hope that this will not prove necessary, but we will never shy away from our duty to the American people and our mission in this hemisphere.’

    Rubio’s prepared testimony also maintained that there are no U.S. troops in Venezuela, and that the operation did not amount to waging a war in Caracas.

    ‘There is no war against Venezuela, and we did not occupy a country,’ Rubio said in his prepared remarks. ‘There are no U.S. troops on the ground. This was an operation to aid law enforcement.’

    The move to ouster Maduro has attracted scrutiny, mostly from Democrats, who have called into question the legality of the operation in Venezuela, which was conducted without Congress’ approval. 

    But efforts in Congress to pass a war powers resolution that would have limited the Trump administration from conducting additional military action in Venezuela failed to pass earlier in January. Rubio previously has claimed Congressional approval wasn’t required because the operation was not an ‘invasion.’

    On Wednesday, Rubio said that should U.S. military forces be involved in Venezuela in a ‘sustained’ way, Congress would receive notification 48-hours after the fact, and would be required to receive Congressional approval if the engagement lasted longer than 60 days. 

    Rubio also told lawmakers that Congress wasn’t consulted about the potential raid due to concerns from the Department of War about leaks, and because it wasn’t even a possibility to execute such a mission until late December 2025 after all negotiation efforts with Maduro had failed. 

    ‘It was also a trigger-based operation. It may never have happened,’ Rubio said. ‘It required a number of factors to all align at the right place, at the right time, in a very limited window, and it wasn’t even clear if it was ever going to be possible.’ 

    On Jan. 3, President Donald Trump announced that U.S. special forces had executed a ‘large-scale strike’ against Caracas, Venezuela, and seized Maduro and his wife, Cilia Flores. The two were transported to New York and appeared in a Manhattan federal court Jan. 5 on drug charges, where they each pleaded not guilty.

    The raid followed months of pressure on Venezuela to squeeze out Maduro amid more than two dozen strikes in Latin American waters against alleged drug traffickers — which the Trump administration claimed aligned with Trump’s effort to curb the influx of drugs into the U.S.

    Since Maduro’s capture, the U.S. has conducted at least one additional strike against alleged drug trafficking vessels in the region. 

    The Trump administration had previously asserted that it did not recognize Maduro as a legitimate head of state and instead, claimed he was the leader of a drug cartel. Additionally, Trump said in December 2025, shortly before the operation, that he believed it would be ‘smart’ for Maduro to step down.

    The Trump administration has so far backed Maduro’s vice president, Delcy Rodríguez, to lead Venezuela’s interim government. 

    This post appeared first on FOX NEWS

    China’s expanding push into the Pacific Islands is raising alarms among experts, who warn that Beijing is quietly working to establish a foothold in territory long viewed as vital to American defense.

    Rather than deploying troops or building overt military bases, experts say China is using infrastructure projects, political influence and economic leverage to gain access to strategically sensitive areas across Micronesia, a region tied to the United States through decades-old security agreements.

    Fox News Digital has learned that a Chinese-backed runway on the island of Yap is due to be officially opened during a handover ceremony on Feb 9. The president of the Federated States of Micronesia is expected to attend, along with representatives from the Chinese company involved in the project.

    One of the experts tracking the developments, Foundation for Defense of Democracies (FDD) senior fellow Cleo Paskal, traveled to the Federated States of Micronesia to see them firsthand. She told Fox News Digital she spent four days sleeping on the open deck of a Chinese-donated cargo ship in order to witness a Chinese company breaking ground on a project to rehabilitate a World War II Imperial Japanese runway.

    ‘It’s not a huge runway, but what it does is it gets China in the door and on the ground in a very strategic location,’ Paskal said.

    The project is located in the state of Yap, a remote east-to-west island chain that sits along key maritime and air routes connecting Hawaii, Guam and East Asia. U.S. military planners have long considered Yap one of the most strategically important locations in the Pacific.

    Paskal said the same Chinese company involved in the runway is now working on another major infrastructure project on Yap: the reconstruction of a bridge on the main island.

    ‘At the same time, because of how strategic it is, Secretary Hegseth announced not that long ago about $2 billion worth of defense infrastructure investment for Yap,’ she said. ‘Now, when he says Yap, what he means is the main island of Yap.’

    According to Paskal, that distinction matters.

    ‘The story here is that the Department of War is focused on the main island, but, from what I’ve seen, there are no plans for the rest of the island chain,’ she said. ‘Meanwhile, the Chinese are using other entry points into the political and economic system in order to start to break open access to Yap.’

    She described China’s approach as fundamentally different from Washington’s.

    ‘So it’s not just a physical kinetic infrastructure operation,’ Paskal said. ‘It’s also a political warfare operation, whereas the U.S. is focusing more just on a very narrow band of the kinetic map.’

    The geography at stake has shaped American security strategy for generations.

    During World War II, the lagoon at Ulithi, part of the Yap island chain, served as the largest U.S. naval base in the world, hosting hundreds of American warships as the military prepared for operations against Imperial Japan.

    That history, Paskal said, helps explain why the region remains so sensitive today.

    Under the Compact of Free Association, the United States retains exclusive defense rights in Micronesia. The agreements allow Washington to deny military access to other powers, establish defense facilities and maintain strategic control, while granting Micronesian citizens the right to live and work in the United States and serve in the U.S. military. The Compact creates such deep ties that Micronesia is considered part of the U.S. domestic mail system.

    The compacts were designed after World War II to ensure Pacific islands once controlled by Japan could never again be used as launch points for attacks against the United States.

    But Paskal warned that China is finding ways to work around, and potentially undermine, those arrangements.

    She said U.S. officials often focus on visible construction sites while underestimating the broader political campaign that enables Chinese access in the first place. This includes cultivating ties with national leaders, engaging local officials such as customs and immigration officers and securing contracts through regional development banks in order to place Chinese companies and personnel on the ground.

    According to Paskal, Chinese firms are often willing to absorb financial losses in exchange for long-term strategic positioning.

    The concern is heightened by political shifts within Micronesia itself. While states such as Yap have historically been more resistant to Chinese engagement, the national government has grown closer to Beijing in recent years.

    Former President of the Federated States of Micronesia David Panuelo warned in a March 9, 2023, letter that China was engaging in political warfare, including alleged bribery and pressure campaigns. He later lost his re-election bid, while the current government is viewed as more receptive to China.

    When asked by Fox News Digital about China’s activities in Micronesia, a spokesperson for the Chinese Embassy in Washington said, ‘I am not aware of the specifics.’

    The spokesperson emphasized that China views Pacific Island Countries (PICs) as partners in development and denied any geopolitical intent.

    ‘China always respects the sovereignty and territorial integrity of PICs,’ the spokesperson said, adding that Beijing has ‘never interfered in the internal affairs of PICs, never attached any political strings, and never sought any geopolitical self-interest.’

    Paskal said this characterization is not accurate, pointing to what she described as China’s targeted efforts to interfere with the internal decisions of three Pacific Island countries — Palau, the Marshall Islands and Tuvalu — to recognize Taiwan, including explicitly attaching support to derecognition.

    The spokesperson’s statement added that the South Pacific should be ‘a stage for cooperation, rather than an arena for vicious competition’ and insisted China’s engagement does not target any country.

    For U.S. security experts, however, the concern is not a single runway or bridge, but the gradual erosion of strategic access in a region that has underpinned American defense for more than 80 years.

    China expert Gordon Chang told Fox News Digital, ‘We lost so many American lives in World War Two, taking these islands from the Japanese. And now we are letting China dominate them. This is just wrong. I can’t, I get angry when I think about this. But the important point here is that we have the power to stop this,’ he said.

    ‘The three compact states are our closest military allies, our closest allies full stop. We said that again. The three complex states in the Western Pacific are our closet allies. Guam is actually part of the United States. So we have the power to stop this and we’re not doing that. And this is now on us, a strategic failure, a failure to understand what China is doing. I hope that the administration starts to understand the significance of what’s occurring and moves to block Chinese infiltration of the Western Pacific.’

    As Paskal warned, China’s campaign in the Pacific is unfolding not through force, but through influence, access, patience and presence.

    Neither the White House nor the Department of War responded to requests for comment from Fox News Digital.

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