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Ni-Co Energy offers investors exposure to high-demand critical minerals through a strategically located, 100 percent owned nickel-copper-cobalt project in Quebec, with strong early-stage drill results, exceptional infrastructure access, and a clear path to discovery in a geopolitically stable jurisdiction.

Overview

Founded in 2023, Ni-Co Energy is a Canadian mineral exploration company focused on the discovery and development of critical metals, with a particular emphasis on nickel, copper and cobalt. Headquartered in Gatineau, Quebec, the company is actively exploring within the Grenville geological province — a region historically underexplored but considered highly prospective for mineral-rich systems.

Ni-Co Energy’s strategy is rooted in the growing global demand for clean energy technologies, which are placing unprecedented pressure on the supply of battery and electrification metals. Nickel is a core component of high-energy-density battery chemistries used in electric vehicles (EV); copper is vital for electrical transmission, grid expansion and renewable power infrastructure; and cobalt enhances battery stability and longevity. As economies push toward net-zero targets and EV adoption scales globally, secure, ethical and local supply chains for these metals have become a geopolitical and economic priority.

Ni-Co Energy’s focus on magmatic massive sulfide style deposits is one of its unique value propositions. These deposits are among the most economically significant sources of base metals worldwide. The systems are known for forming high-grade, multi-metallic ore bodies containing copper, zinc, lead, gold, silver and, crucially for Ni-Co Energy’s portfolio, nickel and cobalt. These types of deposits tend to occur in clusters and can support scalable, long-life mining operations with strong by-product credits, enhancing overall project economics. Discovering and advancing a deposit gives Ni-Co Energy a competitive edge in tapping into premium metal markets where supply is tightening.

With a clear focus on modern geophysical tools and systematic exploration, Ni-Co Energy is positioning itself to become a key player in the Canadian critical minerals sector — delivering value not only through discovery, but by aligning with the broader shift toward decarbonization and supply chain resilience.

Company Highlights

  • Ni-Co Energy targets high-demand metals essential to the energy transition: nickel, copper and cobalt, with applications in EV batteries, energy storage and electrification infrastructure.
  • The flagship Kremer project is a 100 owned, 15,375-hectare property located 90 km to the north from downtown Montreal (but 15 km away from the nearest town) in the highly prospective Grenville Geological Province in Quebec.
  • Airborne and ground EM surveys revealed an 8-kilometer-long EM conductor corridor, with overlapping gravity and MAG anomalies, and multiple surface showings.
  • The project is road-accessible year-round via Route 347 and forestry roads, with power lines nearby and proximity to regional mining services.
  • A two-phase, C$2 million exploration program planned for 2025, including an 8000-meter drilling campaign along with borehole TDEM focused on high-priority geophysical and geochemical targets.

Key Project

Kremer Project

The 100 percent owned Kremer project is Ni-Co Energy’s flagship exploration asset and a prime example of the company’s focus on uncovering critical mineral resources within geologically favorable but underexplored regions. Located approximately 90 kilometers from downtown Montreal and about 15 km northwest of Saint-Côme, the Kremer property enjoys excellent accessibility and infrastructure — a significant advantage for an early-stage exploration project.

The project comprises 233 mining claims covering 15,375 hectares, within the Grenville geological province, an area known for its potential to host nickel-copper-cobalt magmatic sulfide systems, particularly along the margins of a large anorthosite intrusion. The property benefits from its proximity to paved highways, well-maintained logging roads, powerlines and skilled labor pools. These logistical advantages significantly reduce exploration costs and timelines while positioning the project favorably for future development and potential production scenarios.

Geological Characteristics and Exploration History

The property is underlain primarily by paragneiss rocks of the Grenville province and lies near the Morin Anorthosite Complex, a large intrusive body known to host iron-titanium-vanadium and nickel-copper-cobalt mineralization. Historical grab samples from around the “Lac à la Mélasse” area have returned values up to 3,547 parts per million (ppm) nickel, 1,107 ppm copper, and 924 ppm cobalt, supporting the district’s critical mineral potential

In 2021 and 2022, Ni-Co Energy completed airborne magnetic and time-domain electromagnetic (TDEM) surveys, covering 1,659 line-kilometers. These surveys identified numerous EM conductors, particularly concentrated in the northwestern sector of the property. A ground gravity survey conducted in 2024 detected multiple weak to moderate positive anomalies, suggesting the presence of sulfide-rich bodies or lenses that could host nickel-copper-cobalt mineralization.

The company’s 2023 maiden diamond drilling campaign included 22 drill holes totaling 4,201 meters. Of these, a significant proportion intersected massive (>50 percent) and semi-massive (<50 percent) sulfide mineralization. Highlights include:

  • DDH 20-2023: 1.73 percent nickel, 0.85 percent copper over 2.95 meters
  • DDH 04-2023: 1.58 percent nickel, 0.42 percent copper over 2.70 meters
  • DDH 21-2023: 1.46 percent nickel, 0.71 percent copper over 1.80 meters

Advancements and Future Prospects

In 2024, Ni-Co Energy deployed a suite of advanced geophysical tools, including drone-based magnetics, ground gravimetric surveys, and borehole TDEM, to sharpen its geological targeting. These efforts identified two major mineralized zones:

Northwest Zone: This drilled zone features continuous surface mineralization extending over 700 meters, exposed every 25 to 50 meters, with blown trenching done at two places up to 1 meter deep to verify mineral continuity.

Southeast Zone: A newly uncovered area approximately 7 km from the current drilling site, exhibiting fresh nickel-copper-cobalt mineralization indices and offering substantial exploration upside.

Ground EM, MAG and gravity surveys are overlapping in the central 3-km long zone. This highly prospective area is believed to host a mafic intrusion buried at shallow depth and will be drill tested during the 2025 program. Ni-Co Energy also intends to do some step-out drilling in the already drilled northwest zone to confirm mineralization extent.

With infrastructure in place and geophysical indicators pointing to scale, the Kremer project offers a compelling combination of accessibility, geological potential and alignment with critical mineral supply priorities.

For 2025, Ni-Co Energy plans to implement a two-phase exploration program with a combined budget of over C$2 million. The programs includes follow-up drilling based on overlapping structural, geophysical, and geochemical anomalies

Management Team

Alain Tremblay – Founder, President and CEO

Alain Tremblay is a seasoned entrepreneur and mining exploration leader. With 30 years of experience as a professional pilot, he has combined his aviation expertise with his passion for resource exploration. As the founder of Prospectair Geosurveys, he provided airborne geophysical survey services to the mining sector for over 20 years. Notably, he was instrumental in the discovery of a major graphite deposit in the Grenville geological province of southern Québec. His leadership and innovative approach have been pivotal in advancing resource exploration and development across Canada.

Marc Boivin – VP Exploration

Marc Boivin is a geologist specialized in exploration geophysics. He has been operating his own consulting firm, MB Geosolutions, since 2006. Previously, he was chief geophysicist at SOQUEM for 14 years. He received his BSc in Geology at UQAM in 1983 and pursued postgraduate studies in applied geophysics at the Ecole Polytechnique de Montréal (1984-1985). With over 40 years of experience, he has developed considerable expertise in mining exploration and applied geophysics, working in a broad range of geological environments in many locations in Canada, the US, Africa, Australia and Central America.

Nicolas Tremblay – VP, IR and Corporate Development

Nicolas Tremblay is a retired IT manager and a seasoned investor with a strong background in business and technology. A graduate of the University of Ottawa (Business Admin) and Université du Québec à Hull (IT), he spent 31 years in the public sector, leading an IT group at Environment and Climate Change Canada. Over the last decade, he has been engaged in the mining exploration industry, serving as a board member for a company that developed a significant graphite discovery. With more than 30 years of stock market experience, he combines technical acumen with strategic investment expertise.

Isabelle Gauthier – CFO

Isabelle Gauthier has over 25 years of proven experience and expertise across all financial and business functions. She holds a B.A. in Administration from Université du Québec à Montréal (UQAM) and has been a member of the Ordre des Comptables professionnels agréés du Québec since 1998. She was a senior manager at the firm Raymond Chabot Grant Thornton for which she worked as an auditor from 1996 to 2006. She has developed an expertise in public companies primarily in the mining sector.

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Regeneration, a Washington-based public benefit company, is turning abandoned mine waste in the river valleys of Yukon and British Columbia into responsibly sourced gold.

Founded out of the nonprofit Resolve, Regeneration uses advanced re-mining technology to extract remaining metals from historical placer sites while restoring rivers and habitats damaged by more than a century of mining.

“We shouldn’t let mine waste go to waste–we should treat it as an opportunity,” said Stephen D’Esposito, Regeneration’s president and CEO.

Regeneration’s projects began in Alaska and the Yukon, where decades of placer mining left behind mounds of sediment that smothered salmon-bearing streams.

Re-mining tailings also allows recovery of critical minerals, such as cobalt and rare earths, that earlier miners overlooked or lacked the technology to extract.

But perhaps most importantly, the company’s thrust is hinged on environmental restoration.

“Sometimes days later, we’ve had anadromous fish coming up to a site,” Carly Vynne, the company’s chief restoration officer and a biologist, told CBC.

Vynne described how recontoured riverbeds and replanted vegetation have quickly brought fish back to once-barren creeks. To date, the firm has restored 1,825 meters of streams and 20 acres of upland habitat using proceeds from gold sales.

For brands like Mejuri, partnering with Regeneration bridges environmental repair with consumer expectations. The jeweler also released its newest Salmon Gold collection last year.

The company’s mission has gained momentum as geopolitical and economic tensions send gold prices soaring.

Analysts attribute the metal’s record-breaking October rally to a wave of safe-haven demand triggered by worsening US-China trade tensions, including Beijing’s expanded export restrictions on rare earth elements and Washington’s threats of new tariffs and technology export controls.

Gold first breached the US$4,000 mark on October 8, climbing steadily as investors fled volatile equity markets and a prolonged US government shutdown added to uncertainty.

D’Esposito acknowledges that while the environmental and commercial logic of re-mining is clear, the financial model is still evolving.

“There’s no financial model that the market accepts for how you prove what’s in your tailings,” he said. “Interestingly, it’s not the business of the industry to mine waste.”

Still, with the gold market surging amid geopolitical turmoil and growing interest in ethically sourced metals, Regeneration’s timing could hardly be better.

“When a mine closes, it doesn’t have to be the end of the story,” D’Esposito emphasized.

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

This post appeared first on investingnews.com

Here’s a quick recap of the crypto landscape for Wednesday (October 22) as of 9:00 a.m. UTC.

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

Bitcoin and Ether price update

Bitcoin (BTC) was priced at US$108,323, a 1 percent decrease in 24 hours. Its lowest valuation of the day was US$107,393, and its highest was US$113,804.

Bitcoin price performance, October 22, 2025.

Chart via TradingView

Bitwise Chief Investment Officer Matt Hougan believes gold’s explosive performance this year could offer a glimpse of what lies ahead for Bitcoin, arguing that the world’s top cryptocurrency may be preparing for a similar structural breakout once its remaining pool of sellers runs dry.

Gold has surged roughly 57 percent in 2025, powered largely by sustained central bank accumulation. Bitcoin, meanwhile, has traded in a relatively narrow range between US$108,000 and US$112,000. According to Hougan, the comparison between the two assets provides a potential roadmap for their trajectory going into next year.

“Don’t look at gold’s meteoric rise with envy. Look at it with anticipation. It could end up showing us where bitcoin is headed,” Hougan wrote in a client note this week.

In addition,wWhile central banks have yet to enter the market, steady accumulation by exchange-traded funds (ETFs) and corporate treasuries has provided a similar source of structural demand.

Since the launch of spot Bitcoin ETFs in January 2024, institutions and corporations have purchased roughly 1.39 million BTC, far outpacing new supply generated by the network.

Market data this week supports the idea of renewed accumulation. Following a US$19 billion liquidation event earlier this month, spot Bitcoin ETFs recorded US$477 million in positive net inflows. This rebound has helped steady institutional confidence even as gold’s rally begins to cool after testing record highs.

Still, Bitcoin remains under short-term pressure, down more than 4 percent over the past week and trading below US$108,000.

Meanwhile, Ether (ETH) was priced at US$3,843.43, a 2.7 percent decrease in 24 hours. Its lowest valuation of the day was US$3,798.70, and its highest was US$4,106.40.

Altcoin price update

  • Solana (SOL) was priced at US$184.80, down 2 percent over the last 24 hours. Its lowest valuation of the day was US$183.38 , and its highest was US$197.26.
  • XRP was trading for US$2.39, a decrease of 2.6 percent over the last 24 hours. Its lowest was US$2.38 and its highest was US$2.53.

Fear and Greed Index snapshot

Chart via CoinMarketCap.

CMC’s Crypto Fear & Greed Index remains locked in a state of anxiety, sitting in “fear” territory (29) for seven consecutive days and markings its longest streak since April.

The sentiment gauge’s stagnation reflects a growing sense of caution among investors, as Bitcoin continues to trade within a narrow band between US$103,000 and US$115,000 for nearly two weeks.

Over the past 30 days, the index has been in greed territory for just seven days—the same period when Bitcoin reached its all-time high of YS$126,000 in early October. Since then, investor sentiment has reversed sharply. The current fear phase began on October 11, a day after the largest liquidation event in crypto history erased more than US$20 billion in leveraged positions.

Historically, similar periods of heightened fear have marked turning points for Bitcoin. The last extended stretch of fear occurred in March and April during the Trump administration’s tariff standoff with China, when Bitcoin bottomed near US$76,000.

Market analysts say the prevailing mood underscores uncertainty following the Federal Reserve’s recent policy pivot and renewed US-China trade negotiations.

Today’s crypto news to know

Senate Democrats demand Trump envoy explain undivested crypto stakes

Senate Democrats have called on Steve Witkoff, President Donald Trump’s special envoy to the Middle East, to explain why he has not divested from his crypto holdings despite federal ethics requirements.

In a letter led by Senator Adam Schiff, eight lawmakers pressed Witkoff for details on his interests in World Liberty Financial, the Trump-linked crypto firm he co-founded in 2024, and several affiliated entities.

Witkoff’s latest ethics disclosure, dated August 13, shows he still owns stakes in multiple crypto-related businesses, including WC Digital Fi LLC and SC Financial Technologies LLC. Lawmakers allege these investments pose potential conflicts of interest given his diplomatic role and the company’s business ties to the United Arab Emirates.

The scrutiny follows a New York Times report linking Witkoff’s crypto dealings to a US$2 billion Emirati investment in Binance funded through World Liberty Financial’s stablecoin, USD1.

Neither the White House nor World Liberty Financial has commented on the matter.

FalconX announced plans to acquire 21Shares

FalconX announced plans to acquire 21Shares, one of Europe’s leading crypto exchange-traded product (ETP) issuers.

The deal, confirmed Wednesday, will integrate FalconX’s prime brokerage operations, which serves over 2,000 institutional clients, with 21Shares’ portfolio of 55 listed products across Bitcoin, Ethereum, and other digital assets.

21Shares currently oversees more than US$11 billion in assets and will continue operating independently under CEO Russell Barlow following the acquisition.

While the financial terms remain undisclosed, the deal marks FalconX’s third major acquisition this year, following Arbelos Markets and Monarq Asset Management.

Hong Kong approves first spot Solana ETF

Hong Kong regulators have approved the region’s first spot Solana (SOL) exchange-traded fund.

The Securities and Futures Commission (SFC) granted authorization to China Asset Management Company (ChinaAMC) to launch the Hua Xia Solana ETF on the Hong Kong Stock Exchange on October 27.

The product will trade through OSL Exchange with OSL Digital Securities as sub-custodian and BOCI-Prudential Trustee Limited serving as the primary custodian. Each unit will consist of 100 shares, with a minimum investment of about US$100.

The fund’s debut makes Solana the third cryptocurrency—after Bitcoin and Ethereum—to receive regulatory approval for a spot ETF in Hong Kong.

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

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

This post appeared first on investingnews.com

Canada One Mining Corp. (TSXV: CONE) (OTC Pink: COMCF) (FSE: AU31) (‘Canada One’ or the ‘Company’) is pleased to provide an exploration review of the Combination Creek Zone at its 100% owned Copper Dome Project, (‘Copper Dome’, ‘Project’ or ‘Property’), Princeton B.C.

COMBINATION CREEK ZONE HIGHLIGHTS

  • Location: ~3.5 km south of the Copper Mountain Mine deposits

  • Historical Drilling: 5,732m of diamond drilling in 22 holes2

    • Dill Hole PT-12-26: 20.00m of 0.64% Cu, including 14.00m of 0.86%, starting at 141.00m and 145.00m, respectively.

    • Drill Hole PT-11-18: 102.25m of 0.11% Cu, including 6.00m of 0.25%, starting at 3.28m and 74.00m, respectively.

    • Drill Hole PT-10-06: 19.50m of 0.34% Cu, including 4.50m of 0.36% Cu%, starting at 106.50m and 121.50m, respectively.

    • Drill Hole PT-11-21: 69.00m of 0.21% Cu, including 12.00m of 0.49% Cu, starting at 18.00m and 99.00m, respectively.

  • Historical Grab Samples: returning up to 1.97% Cu and 10.7 g/t Ag1

  • Historical Chip Samples: averaging 0.563% Cu and 3.6 g/t Ag over 5 m1

  • Excellent Camp Setting: Intrusive-volcanic contacts beside an operating mine

Peter Berdusco, President and CEO of the Company commented: ‘The Combination Creek zone provides compelling evidence of a mineralizing system extending south from Copper Mountain. Historical work has confirmed strong copper grades across multiple drill holes. The scale of veining, consistent copper mineralization, and proximity to the Copper Mountain mine all suggest we may be exploring within the broader halo of a porphyry centre. As we advance our exploration model, we see clear potential to outline a porphyry-style target next to an operating mill.’

Combination Creek Review

The Combination Creek Zone located in the northeast corner of the Copper Dome Project (See Figure 1: Location Map of the Copper Dome Project) shows stockwork veining associated with altered volcanic and sedimentary rocks adjacent to the Copper Mountain stock. Two historical mineral occurrences have been identified in this area – The Marquis of Lorne and the Skagit 1 Fraction Zone, both of which exhibit strong structural controls on mineralization and sulphide development. Historical mapping and descriptions indicate intense alteration characterized by assemblages of epidote-chlorite-Fe oxide ± albite, with pyrite-chalcopyrite and associated malachite oxidation. The presence of albite and chalcopyrite within the traditionally propylitic chlorite-epidote-pyrite alteration front suggests that this zone may represent a transition toward a higher-temperature potassic domain of a porphyry system.

The best mineralization in the Combination Creek zone drilled to date is found in a 70 to 100m wide section of Nicola volcanics extending at least 250m east west, bounded to the north by the Copper Mountain Stock and to the south by a coarse pink feldspar porphyry syenite dyke.

Selective Historical Drill Results

Drilling by the Company in 2010, 2011 and 2012 in the Combination Creek Zone returned the following highlighted intercepts (See Figure 2: Map of Combination Creek Zone with Selected Historical Drill Hole Locations and Results (Cu):

  • DDH PT-10-01: 20.00m of 0.28% Cu, including 5m of 0.59% Cu, starting at 27.50m.
  • DDH PT-10-02: 47.50m of 0.19% Cu, including 22.50m of 0.26% Cu, starting at 37.00m
  • DDH PT-10-06: 19.50m of 0.34% Cu starting at 106.50m and 3.00m of 0.93% Cu starting at 247m.
  • DDH PT-11-16: 10.00m of 0.65% Cu starting at 231m and 25.31m of 0.21% Cu starting at 3.69m.
  • DDH PT-11-18: 68.25m of 0.14% Cu starting at 3.28m, including 6.00m of 0.25% Cu starting at 74m, and 6.00m of 0.29% Cu starting at 313m.
  • DDH PT-11-21: 69.00m of 0.21% Cu starting at 18.00m, including 12.00m of 0.50% Cu starting at 99.00m.
  • DDH PT-12-26: 20.00m of 0.64% Cu starting at 141.00m, including 14.00m of 0.86% Cu starting at 145.00m.

Mineral Occurrences of the Combination Creek Zone

Marquis of Lorne

The Marquis of Lorne prospect is underlain by the eastern facies of the Upper Triassic Nicola Group, composed mainly of mafic augite and hornblende porphyritic pyroclastics and flows. These are intruded by Early Jurassic Copper Mountain and Lost Horse intrusions-diorite, monzonite, and locally pyroxenite and gabbro. Mineralization occurs in shear zones within andesitic and cherty tuffs, close to the Copper Mountain stock, typically within 50m of its margin.

The best-defined shear zone, located 40m south of the stock, hosts strong limonite, jarosite, and malachite alteration, with historical grab samples returning up to 1.97% Cu and 10.7 g/t Ag, and chip samples averaging 0.563% Cu and 3.6 g/t Ag over 5 m. A parallel shear zone 60m southwest returned 1.53% Cu and 17.1 g/t Ag in grab samples. Additional narrow shears 200 m west-southwest show traces of chalcopyrite and malachite with albite alteration.

Skagit 1 Fraction

The Skagit No. 1 prospect shares similar geology with Marquis of Lorne, being hosted in the Upper Triassic Nicola Group volcanic rocks intruded by the Copper Mountain and Lost Horse intrusions. The occurrence consists of several sulphide-rich shear zones and fractures in andesitic tuff and minor volcanic sediments, located within 60m of the Copper Mountain stock. Mineralization includes bornite, chalcopyrite, and malachite, with historical surface chip samples averaging 0.36% Cu and 2.3 g/t Ag over 10 m, and trench samples grading 0.28% Cu and 2.9 g/t Ag over 30 m.1

The property was mapped and sampled by Newmont (1970-71), Kidd Creek Mines (1983), and later Targa Resources (1986). After limited activity for two decades, the Company conducted a major exploration program in 2010, including 26.4 km of induced polarization and magnetometer surveys plus 5,732 metres of diamond drilling in 22 holes. Drilling intersected 0.21% Cu over 69 metres (DDH PT11-21), and geophysical data revealed a strong (>35 ms) chargeability anomaly in the Nicola volcanics south of the Copper Mountain stock, suggesting potential for porphyry-style copper-gold mineralization.1

Figure 1: Location Map of the Copper Dome Project

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10074/271468_7db7363c94780a0e_002full.jpg

Figure 2: Map of Combination Creek Zone with Selected Historical Drill Hole Locations and Results (Cu)

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10074/271468_7db7363c94780a0e_003full.jpg

About The Copper Dome Project

Copper Dome is located in the lower Quesnel Trough porphyry belt, one of British Columbia’s most prolific mining districts. The Project directly adjoins Hudbay Minerals Inc.’s (TSX: HBM) producing Copper Mountain Mine to the north which hosts Proven and Probable Reserves of 702 million tonnes grading 0.24% Cu, 0.09 g/t Au, and 0.72 g/t Ag (hudbayminerals.com). Multiple mineralized zones have been identified across the Property, with historical drilling confirming high-grade copper associated with northeast-trending structures similar to those hosting mineralization at Copper Mountain.

The Project benefits from excellent infrastructure, enabling year-round access, cost-efficient exploration, and a stable, low-risk jurisdiction.

Historical Work Completed

  • Geophysics: 51 km of induced polarization (IP); airborne magnetic and electromagnetic (EM) coverage over ~50% of the Property
  • Sampling: 2,253 soils and 378 rocks collected
  • Drilling: 8,900+ m of diamond drilling
  • Trenching: Over 1 km excavated

With a five-year drill permit in place, the Company is focused on advancing the Project toward drill-ready target definition.

About Canada One

Canada One Mining Corp. is a Canadian junior exploration company focused on copper-the critical metal powering the global energy transition. The Company advances projects from discovery through resource definition with disciplined, data-driven exploration and responsible practices. Its flagship Copper Dome Project, near Princeton, British Columbia, targets a porphyry copper-gold system in a Tier-1 jurisdiction. Canada One aims to deliver sustainable growth and long-term value for shareholders and local communities.

Acknowledgement

Canada One acknowledges that the Copper Dome Project is located within the traditional, ancestral and unceded territory of the Smelqmix People. We recognize and respect their cultural heritage and relationship to the land, honoring their past, present and future.

Qualified Person

The technical information contained in this news release has been reviewed and approved by David Mark, P.Geo., an independent Qualified Person for the purposes of National Instrument 43-101.

Historical Sampling

The sampling was done to the standards of the time and is considered ‘historical’ in nature and is not NI43-101 compliant and cannot be relied upon. The results are listed here to show why the Company is interested in this area. Future work and drilling may not repeat similar results.

Note 1: Mark, (2024), Exploration Report on MMI Soil Sampling, Rock Sampling and Backpack Drilling on the Copper Dome Property Copper Mountain Mine Area Similkameen Mining Division, British Columbia, AR 41492, pages 14-15.

Note 2: St. Clair Dunn, (2011), Report on 2010-2011 Drilling and Geophysical Programs on the Princeton Property, AR 33070, pages 12-19

Contact Us

For further information, interested parties are encouraged to visit the Company’s website at www.canadaonemining.com, or contact the Company by email at info@canadaonemining.com, or by phone at 1.877.844.4661.

On behalf of the Board of Directors of
Canada One Mining Corp.

Peter Berdusco
President
Chief Executive Officer
Interim Chief Financial Officer

Forward-Looking Statements

This press release includes certain ‘forward-looking information’ and ‘forward-looking statements’ (collectively ‘forward-looking statements’) within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein, without limitation, statements relating to the future operating or financial performance of the Company, are forward looking statements. Forward-looking statements are frequently, but not always, identified by words such as ‘expects’, ‘anticipates’, ‘believes’, ‘intends’, ‘estimates’, ‘potential’, ‘possible’, and similar expressions, or statements that events, conditions, or results ‘will’, ‘may’, ‘could’, or ‘should’ occur or be achieved. Forward-looking statements in this press release relate to, among other things: statements relating to the anticipated timing thereof and the intended use of proceeds. Actual future results may differ materially. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Forward looking statements reflect the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by the respective parties, are inherently subject to significant business, technical, economic, and competitive uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements and the parties have made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: the timing, completion and delivery of the referenced assessments and analysis. Readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these times. Except as required by law, the Company does not assume any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law.

TSX Venture Exchange Disclaimer

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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/271468

News Provided by Newsfile via QuoteMedia

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Former Secretary of State Hillary Clinton made it known she is no fan of President Donald Trump’s project to construct a ballroom at the White House in an appeal to voters that 1600 Pennsylvania Ave is their ‘house.’

‘It’s not his house. It’s your house. And he’s destroying it,’ Clinton wrote on X on Tuesday morning. 

The social media post included a screenshot of The Washington Post’s report, ‘White House begins demolishing East Wing Facade to build Trump’s ballroom,’ accompanied by a photo of a demolition crew. 

‘President Trump is working 24/7 to Make America Great Again, including his historic beautification of the White House, at no taxpayer expense. These long-needed upgrades will benefit generations of future presidents and American visitors to the People’s House,’ White House spokesman Davis Ingle told Fox Digital when asked about Clinton’s post and other Democrats criticizing the ballroom construction. 

Trump announced on Monday that construction had begun on the ballroom, following months of the president floating the planned project to modernize the White House. The project does not cost taxpayers and is privately funded, the White House reported. 

‘I am pleased to announce that ground has been broken on the White House grounds to build the new, big, beautiful White House Ballroom,’ Trump said on Truth Social. ‘Completely separate from the White House itself, the East Wing is being fully modernized as part of this process, and will be more beautiful than ever when it is complete!

‘For more than 150 years, every President has dreamt about having a Ballroom at the White House to accommodate people for grand parties, State Visits, etc. I am honored to be the first President to finally get this much-needed project underway — with zero cost to the American Taxpayer!’ he continued. ‘The White House Ballroom is being privately funded by many generous Patriots, Great American Companies, and, yours truly. This Ballroom will be happily used for Generations to come!’

The privately-funded project will cost an estimated $200 million, White House press secretary Karoline Leavitt told the media in July. The 90,000-square-foot ballroom will accommodate approximately 650 seated guests, according to the White House. 

‘The White House is currently unable to host major functions honoring world leaders in other countries without having to install a large and unsightly tent approximately 100 yards away from the main building’s entrance,’ Leavitt said back in July, adding the new ballroom will be ‘a much needed and exquisite addition.’

Other Democrats have also slammed the construction project, including New Jersey Sen. Andy Kim calling it ‘disgusting.’

‘I wanted to share this photo of my family standing by a historic part of the White House that was just torn down today by Trump. We didn’t need a billionaire-funded ballroom to celebrate America. Disgusting what Trump is doing,’ Kim posted to X on Monday. 

‘Oh you’re trying to say the cost of living is skyrocketing? Donald Trump can’t hear you over the sound of bulldozers demolishing a wing of the White House to build a new grand ballroom,’ Massachusetts Sen. Elizabeth Warren posted to X on Monday. 

‘Republican math. Can afford: Trump ballroom, $40 Billion Argentina bailout, massive tax cuts for millionaires and billionaires Can’t afford: health care for Americans, SNAP for struggling Americans, tax relief for middle class families,’ Pennsylvania state Rep. Malcolm Kenyatta posted to X. 

The ballroom construction follows Trump installing two massive 88-foot-tall American flags on either side of the White House this summer in a patriotic endeavor that did not cost U.S. taxpayers a cent, as well as an overhaul to the White House Rose Garden. 

Fox News Digital’s Greg Wehner contributed to this article. 

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A new conservative group working to untangle state laws concerning food and personal care ingredients by setting a national standard for ingredient transparency officially launched Tuesday, Fox News Digital learned. 

‘It is a simple concept to understand — Americans want to know that the ingredients in the products they’re buying for their families are safe,’ Americans for Ingredient Transparency leader and senior advisor Andy Koenig said in a statement to Fox News Digital. ‘This should not be a difficult standard to meet.’ 

‘Unfortunately, states are now implementing their own patchwork of contradictory ingredient rules that have caused widespread confusion among consumers,’ Koenig continued. ‘President Trump and his Administration are well-suited to make these determinations. Our goal is to cut through confusion and ensure everyone has access to clear information. Consumers want to know exactly what they are putting in and on their bodies. That is what we are working to achieve.’ 

Americans for Ingredient Transparency is a 501(c)(4) nonprofit comprised of ‘concerned Americans, policy experts, farmers, and business leaders’ who are advocating that the U.S. government establish a national standard for ingredients to apply ‘consistent, science- and risk-based principles to give Americans everywhere confidence in the safety of food, beverage and personal care products,’ Fox News Digital learned. 

The group argued that states have made well-intended efforts to enact transparency laws as they relate to ingredients in food and household products, but that the moves have created confusion with an ‘ever-expanding patchwork of disjointed food, beverage, and personal care regulations.’

Americans for Ingredient Transparency specifically aims to work with Congress and the Trump administration to incorporate Generally Recognized as Safe (GRAS) reform, front-of-package labeling reform, and QR code reform into federal law.

GRAS reform would establish a ‘nationally uniform regulatory approach for new ingredients used in food and beverage products,’ according to the coalition’s website. The front-of-package labeling reform would guide consumers to healthier choices, while the QR code reform would provide consumers with a scannable code on products to review product information, according to the group’s website. 

Julie Gunlock, a conservative policy advocate focused on nutrition and parenting, leads Americans for Ingredient Transparency with Koenig. She said in comment to Fox News Digital that the push for a national ingredient transparency standard is one rooted in protecting families and children. 

‘As an American, but most importantly a mom, I know firsthand how important it is to trust the products we consume and bring into our homes,’ Gunlock said. ‘Families deserve commonsense and science-backed transparency they can rely on. That’s why a national standard for food safety and labeling is of the utmost importance to ensure every parent can make safe, informed choices for their children – because protecting our families starts with the truth.’

Americans for Ingredient Transparency is backed by a handful of food and consumer groups, Fox Digital learned, including the Consumer Brands Association, American Beverage Association, Corn Refiners Association, and FMI- The Food Industry Association.

‘Every American deserves to know what’s in their food, beverages, and personal care items – and that they’re safe no matter where they live,’ an ad for the group released Tuesday states. ‘It’s time to fix the patchwork. It’s time to pass a national uniform standard.’

The announcement comes as the Trump administration and Health and Human Services Secretary Robert F. Kennedy Jr. continues its mission to ‘Make America Healthy Again.’ Kennedy has already addressed potential GRAS reforms, calling on the FDA in March to ‘explore potential rulemaking to revise its Substances Generally Recognized as Safe (GRAS) Final Rule and related guidance to eliminate the self-affirmed GRAS pathway.’

‘For far too long, ingredient manufacturers and sponsors have exploited a loophole that has allowed new ingredients and chemicals, often with unknown safety data, to be introduced into the U.S. food supply without notification to the FDA or the public,’ Kennedy said in March. ‘Eliminating this loophole will provide transparency to consumers, help get our nation’s food supply back on track by ensuring that ingredients being introduced into foods are safe, and ultimately Make America Healthy Again.’  

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China’s spy agency accused the U.S. National Security Agency (NSA) of hacking its national time service, alleging a yearslong cyberespionage campaign that targeted the system keeping official Beijing Time — a backbone for China’s telecommunications, finance and defense sectors.

The Ministry of State Security claimed the NSA began the operation in 2022 by exploiting a text-messaging vulnerability to gain control of employee cell phones at the National Time Service Center, then used stolen credentials to access servers and implant covert tools. The alleged breach, if true, could have allowed attackers to tamper with national timekeeping — a move that experts say could disrupt communications, banking and satellite navigation across China.

The NSA said in a statement it ‘does not confirm nor deny allegations in the media regarding its operations. Our core focus is countering foreign malign activities persistently targeting American interests, and we will continue to defend against adversaries wishing to threaten us.’

Chinese Investigators allege the hackers deployed 42 ‘specialized cyberattack weapons’ to implant sabotage capabilities.

The attackers allegedly forged digital certificates, bypassed antivirus software and used strong encryption to erase traces to conceal activity. Tampering with the National Time Service could disrupt financial transactions, communications and satellite timing.

China’s national security agency said it countered the operation by cutting off the attack chain and upgrading defenses.

The Beijing statement claimed that in recent years, the U.S. has pursued ‘cyber hegemony,’ launching hacking operations against China and across the globe.

But for years, U.S. officials have said the nation needs to take a more offensive approach to cyber espionage, given China’s frequent intrusions into U.S. systems.

In a media statement, the U.S. embassy in Beijing said China ‘is the most active and persistent cyber threat to U.S. government, private-sector and critical infrastructure networks.’

The latest claim fits into years of mutual accusations of state-sponsored cyber activity between the world’s two largest powers. Beijing has frequently accused the U.S. of hacking Chinese systems, while American intelligence and private cybersecurity firms have repeatedly attributed massive data-theft campaigns – from the Microsoft Sharepoint breach to Operation Salt Typhoon – to Chinese state-linked groups.

In April, Chinese authorities accused the NSA of launching attacks against networks linked to the Asian Winter Games held in February.

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Sen. Marsha Blackburn, R-Tenn., was one of nearly a dozen Senate Republicans allegedly probed by former Special Counsel Jack Smith, an investigation she wasn’t aware of until earlier this month.

She was one of several Senate Republicans that Smith allegedly surveilled as part of his investigation into the Jan. 6, 2021, Capitol riots. But it was only revealed earlier this month by the FBI — thanks to an oversight request by Senate Judiciary Chair Chuck Grassley, R-Iowa — that Smith allegedly requested phone records on her and others.

Blackburn told Fox News Digital in an exclusive interview that until the documents from Smith’s ‘Arctic Frost’ investigation were revealed, she had no idea that her phone records were being surveilled.

She believed the ‘common thread’ behind the former special counsel’s probe, which was carried out in 2023, was because ‘the eight of us are all Republicans. We all support President Trump.’

Blackburn and Sens. Lindsey Graham, R-S.C., Ron Johnson, R-Wis., Josh Hawley, R-Mo., Cynthia Lummis, R-Wyo., Bill Hagerty, R-Wyo., Dan Sullivan, R-Alaska, Tommy Tuberville, R-Ala., and Rep. Mike Kelly, R-Pa., were all reportedly part of Smith’s investigation.  

In response, Blackburn and many of the others that were allegedly surveilled by Smith want to see him disbarred.

‘This is about making certain we have one tier of justice, and that we stop this two tiers of justice,’ Blackburn said. ‘And if they can do this to eight sitting U.S. senators, what could they possibly — I mean, think about how, what they must be doing to conservatives in this country.’

Last week, she and Graham, Tuberville, Sullivan and Kelly sent a letter to Attorney General Pam Bondi demanding an investigation into Smith, and that he be referred to the Department of Justice’s (DOJ) Office of Professional Responsibility.  

The end goal of the investigation is to see Smith disbarred from both New York and Tennessee, two states where he holds a license to practice law. Blackburn argued that Smith’s alleged spying on her and others was a ‘First Amendment and Fourth Amendment violation.’

Her latest push against the former special counsel came on the heels of another letter sent to AT&T, T-Mobile and Verizon demanding why the cellphone carriers allegedly allowed Smith and the FBI under the Biden administration to track their communications.

‘You would have thought that, because of the Stored Records Act and the First Amendment, the Fourth Amendment and the Speech and Debate Clause, that at least Verizon, who’s my wireless carrier, would have informed me that there was a request on my records,’ she said. 

‘But of course, there was nothing given to us, and it’s the reason that we sent the letter to Verizon and then followed it with a letter … to the DOJ on Jack Smith,’ she continued.

Smith is one of a handful of former officials that have been targeted by the DOJ under the Trump administration. He is currently under investigation by the Office of Special Counsel for alleged Hatch Act violations, which bars government employees from participating in political activities.

Then there are federal indictments against former FBI Director James Comey for allegedly making false statements and obstructing justice, and former National Security Advisor John Bolton for allegedly mishandling classified documents.

Blackburn was one of many Republicans that railed against so-called political witch hunts against President Donald Trump when he was out of office. When asked what the difference between the indictments against Trump and his allies compared to the latest crop of former officials, she said it was about accountability.

‘These need to be investigated so that this kind of stuff stops,’ Blackburn said. ‘And one of the differences, I think you see between Democrats and Republicans, is Democrats repeatedly circle the wagons, and they push things under the rug, and then they want two tiers of justice. And with Republicans, the focus is on accountability and transparency, and I think that is a major, major difference.’

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Silver Hammer Mining Corp. (CSE: HAMR) (the ‘Company‘ or ‘Silver Hammer‘) is pleased to announce it has entered into an option agreement (the ‘Option Agreement‘) on October 20, 2025 with Fahey Group Mines, Inc. (‘Fahey‘), pursuant to which the Company has been granted the right (the ‘Option‘) to acquire a 100% legal and beneficial interest in the Fahey Group Property (the ‘Property‘).

All currency references are in Canadian dollars unless otherwise stated.

Key Highlights of the Fahey Property:

  • The Fahey Property consists of 360 acres, covered by 18, unpatented US lode claims, situated directly in the strategic center of the Silver Belt portion of the Coeur d’ Alene Mining District, one of the top known producing silver regions in the world where the Idaho State University (2006) estimated 1.18 billion ounces of silver has been produced.
  • The Fahey Property is the last property within the Silver Belt that has remained largely unexplored despite its strategic prime location and has been one of the desired properties to be acquired and explored for many years.
  • The Fahey Property has been owned by same family for over 60 years, and this will represent for the first time the Property has been available for exploration with modern exploration.
  • The Fahey Property is ideally situated between two of the well-known silver mines in North America: the currently operating Galena Mine and the historic Sunshine Mine.
  • The Fahey Property occupies a strategic position between property owned by ‘Sunshine Silver Mining and Refining’ and ‘Americas Gold and Silver’.
  • The Fahey Property is underlain by the same favorable Revett Formation quartzite.
  • The Americas Silver and Gold land position borders the Fahey Property to the East, which includes the operating Galena Mine and has produced million ounces of silver, along with the Coeur Mine and the Mineral Point Mine.
  • More than 20 veins have been identified within the Fahey Property, which is more than the number of veins in either the Bunker Hill Mine (the largest mine in the district) or the Sunshine mine, with the greatest silver production in the Coeur d’Alene mining district.

‘The Company is extremely pleased to be able to secure such a strategic land holding surrounded by senior silver producers and explorers in one of the most sought-after locations in the Silver Valley. We are grateful to the Fahey Group to have confidence in our experienced exploration team,’ commented Peter A. Ball, President & CEO. ‘It is not often a junior is able to have the opportunity to acquire such an exciting silver project that has remained relatively underexplored and more notably surrounded by close to one billion ounces of silver that have been discovered, developed and mined over the past 100 years. Our technical team looks forward to bringing modern exploration to such an interesting and highly prospective silver project. We are pleased with the terms of the acquisition, allowing Silver Hammer to focus our hard dollars into the ground to make a potential discovery for our shareholders and the Fahey Group.’

Transaction Overview:

Under the terms of the Option Agreement, the Company may earn a 100% interest in the Property, free and clear of all encumbrances other than a retained royalty, by paying Fahey US$50,000 in cash and issuing C$450,000 worth of common shares of the Company (‘Consideration Shares‘), to be satisfied as follows: US$25,000 in cash within three (3) business days of the effective date of the Option Agreement; US$25,000 in cash on or before June 30, 2026; C$50,000 in Consideration Shares on or before December 31, 2026; C$75,000 in Consideration Shares on or before December 31, 2027; C$75,000 in Consideration Shares on or before December 31, 2028; C$125,000 in Consideration Shares on or before December 31, 2029; and C$125,000 in Consideration Shares on or before December 31, 2030.

In addition, the Company must incur an aggregate of at least C$1,500,000 in exploration expenditures on the Property, consisting of a minimum of C$200,000 on or before December 31, 2027 and a further C$1,300,000 on or before December 31, 2030, with any excess expenditures from earlier periods credited toward later commitments.

The Company may extend the deadline for the final share payment due December 31, 2030, as well as the exploration expenditure deadline of December 31, 2030, by one (1) year through the issuance of C$50,000 worth of Consideration Shares. The Company may also accelerate any cash payments, share issuances, or exploration expenditures at its sole discretion without penalty.

All Consideration Shares issued under the Option Agreement will be priced at the volume-weighted average trading price of the Company’s shares on the Canadian Securities Exchange (the ‘CSE‘) for the twenty (20) trading days prior to issuance, subject to the CSE’s minimum pricing requirements. If the deemed price is less than C$0.05 or otherwise not permitted under CSE policies and results in the aggregate value of the Consideration Shares issued being less than the stated dollar amount of the applicable installment, the Company will pay the shortfall to Fahey in cash (converted to equivalent value in US$) within sixty (60) days of the applicable issuance date. The Company will also have the option to make any payments in cash (converted to equivalent value in US$) in lieu of issuing Consideration Shares.

Upon exercise of the Option, the Company will grant Fahey a 2.0% net smelter returns royalty (the ‘Royalty‘) on the Property, which may be reduced by 0.5% (to 1.5%) upon payment of US$1,000,000 to Fahey.

Following exercise of the Option, upon the commencement of commercial production at the Property, the Company will also make a milestone payment of US$1,500,000 to Fahey, payable in cash, shares, or any combination thereof, at the Company’s discretion, within thirty (30) days of achieving commercial production.

Completion of the transaction remains subject to receipt of all required corporate and regulatory approvals, including the approval of the CSE. The transaction is an arm’s length transaction and will not result in any changes to the Company’s board or management. No finder’s fees will be paid in connection with the transaction.

All securities issued pursuant to the transaction will be subject to a statutory hold period of four months in accordance with applicable securities laws.

Fahey Project Overview and Location Map:

The 18 unpatented claims of the Fahey Property are located in the heart of the Silver Belt sector of the Coeur d’Alene mining district (Fig. 1). The Coeur d’Alene district is one of the premier silver-producing mining districts in the world. The Silver Belt accounts for just over half of the silver produced in the district, and there is no meaningful production recorded and very limited exploration on the Fahey Property.

Figure 1. Location map of the principal mines in the Coeur d’Alene district. The location of the Fahey property marked by the red ellipse and the Silver Belt by the green ellipse.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9597/271122_16465b10f4656908_001full.jpg

Readers are cautioned that the Company has not independently verified the information in respect of properties adjacent to the Fahey Property and the mineralization on adjacent properties may not be indicative of the mineralization on the Fahey Property.

The scientific and technical information in this news release has been reviewed and approved by Damir Cukor, P.Geo., the Company’s Technical Director – Projects and a Qualified Person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

About Silver Hammer Mining Corp.

Silver Hammer Mining Corp. is a junior resource company focused on advancing past-producing high-grade silver projects in the United States. Silver Hammer controls 100% of seven previously producing silver mines which are located within the Silver Strand Project in the Coeur d’Alene Mining District in Idaho, USA, and within the Eliza Silver Project and the Silverton Silver Mine in Nevada. The Company also controls the Lacy Gold Project in British Columbia, Canada. Silver Hammer’s primary focus is to explore, define and develop silver projects near past-producing mines that have not been adequately tested. The Company’s portfolio also provides exposure to copper and gold.

On Behalf of the Board of Silver Hammer Mining Corp.

Peter A. Ball
President & CEO, Director
E: peter@silverhammermining.com

For investor relations inquiries, contact:

Peter A. Ball
President & CEO
778.344.4653
E: investors@silverhammermining.com

Forward-Looking Information

This press release contains ‘forward-looking information’ within the meaning of applicable Canadian securities legislation. Forward-looking information in this press release includes, without limitation, statements relating to the Offering, the intended use of proceeds from the Offering, and other statements which are subject to a number of conditions, as described elsewhere in this news release. These statements are based upon assumptions that are subject to significant risks and uncertainties, including risks regarding the mining industry, commodity prices, market conditions, general economic factors, management’s ability to manage and to operate the business, and explore and develop the projects of the Company, and the equity markets generally. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, expectations, achievements or performance of the Company may differ materially from those anticipated and indicated by these forward-looking statements. Any number of factors could cause actual results to differ materially from these forward-looking statements as well as future results. Although the Company believes that the expectations reflected in forward looking statements are reasonable, they can give no assurances that the expectations of any forward-looking statements will prove to be correct. Except as required by law, the Company disclaims any intention and assume no obligation to update or revise any forward-looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements or otherwise.

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

The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release. The Canadian Securities Exchange has neither approved nor disapproved the contents of this press release.

Source

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A group of House Republicans is calling on Speaker Mike Johnson, R-La., to deal with expiring Obamacare subsidies immediately after the government shutdown ends.

Thirteen House GOP lawmakers, led by Reps. Jeff Van Drew, R-N.J., and Jen Kiggans, R-Va., are sending a letter to Johnson on Tuesday thanking him for his leadership during the shutdown but maintaining that Obamacare must also be dealt with before the end of the year.

Obamacare, formally called the Affordable Care Act (ACA), has emerged as one of the main flash points in the ongoing fiscal standoff between Republicans and Democrats.

‘Every day the shutdown continues to hurt the very people we were elected to serve, including the men and women of our Armed Forces, the federal law enforcement officers who keep our communities safe, the agents who defend our nation’s borders, and the public servants who provide essential services to veterans, seniors and families,’ the Republicans wrote.

‘We also firmly believe that the government funding debate is not the time or place to address healthcare issues. Using the shutdown as leverage to force that debate only prolongs the harm and distracts from the immediate task of reopening the government. Once the government is reopened, however, we should immediately turn our focus to the growing crisis of healthcare affordability and the looming expiration of the enhanced Affordable Care Act (ACA) premium tax credits.’

Obamacare subsidies were enhanced under the Biden administration in 2021 during the COVID-19 pandemic in a bid to make healthcare more available to a wider swath of Americans. Democrats voted to extend those subsidies through 2025 in 2022 via the Inflation Reduction Act.

Democrats are now pushing to extend those subsidies now, using the ongoing government shutdown as leverage to force Republicans to deal with the issue.

Both House and Senate GOP leaders have signaled they are willing to discuss the expiring healthcare subsidies but rejected pairing them with their bill to fund the government — a short-term extension of fiscal year (FY) 2025 federal spending levels called a continuing resolution (CR).

But extending the Obamacare subsidies is expected to generate its own debates among Republicans. Conservatives like the House Freedom Caucus and their allies are skeptical of the move, arguing the enhanced healthcare credits were responsible for sending medical prices skyrocketing.

But the 13 Republicans who signed the letter maintain, ‘Millions of Americans are facing drastic premium increases due to short-sighted Democratic policymaking. While we did not create this crisis, we now have both the responsibility and the opportunity to address it.’

‘Allowing these tax credits to lapse without a clear path forward would risk real harm to those we represent. Nevertheless, we must chart a conservative path that protects working families in our districts across the country who rely on these credits,’ they wrote.

The lawmakers agreed with GOP leaders that reforms are needed to the system ‘to make these credits more fiscally responsible and ensure they are going to the Americans who need them most,’ but added, ‘Our Conference and President Trump have been clear that we will not take healthcare away from families who depend on it. This is our opportunity to demonstrate that commitment through action.’

House Freedom Caucus Chair Andy Harris, R-Md., ruled out accepting a straightforward extension of the Obamacare subsidies in comments to reporters on Monday.

‘You want a clean vote on a program that potentially is $400 billion, and you want to do it without any debate, any negotiation? That’s just insanity,’ Harris said.

Asked by Fox News Digital if he sees any pathway to compromise, he said, ‘It all depends on what the package is, how is it paid for, what other healthcare reforms are in it?’

‘But that’s stuff that you’re not going to negotiate in hours. It’s going to take weeks to negotiate,’ Harris said.

It’s also not immediately clear when the shutdown will end — while the House passed its CR on Sept. 19, Senate Democrats have sunk the bill in the upper chamber 11 times as of Monday.

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