Author

admin

Browsing

Denison Mines (TSX:DML,NYSEAMERICAN:DNN) has closed a previously announced deal with Skyharbour Resources (TSXV:SYH,OTC:SYHBF) that repurposes a large block of uranium exploration ground surrounding its flagship Wheeler River project in northern Saskatchewan.

The recent transaction formalizes the division of Skyharbour’s former Russell Lake uranium project into four separate joint ventures positioned directly adjacent to, or proximal to, Wheeler River.

The structure is intended to promote closer technical collaboration between the two companies while advancing exploration across claims that sit along the same geological corridors as Denison’s advanced-stage development assets.

Under the new arrangements, Denison will operate the Wheeler North and Wheeler River Inliers joint ventures, holding ownership interests of 49 percent and 70 percent, respectively.

Skyharbour will operate the Russell Lake and Getty East joint ventures, in which Denison holds minority interests of 20 percent and 30 percent. In addition, Denison has secured earn-in option agreements that allow it to increase its ownership in both Wheeler North and Getty East to as much as 70 percent, subject to future conditions.

The claims involved were previously consolidated under Skyharbour’s Russell Lake project, which borders Denison’s Wheeler River property.

The deal strengthens Denison’s already dominant position around Wheeler River, which is the largest undeveloped uranium project in the infrastructure-rich eastern Athabasca Basin.

The company currently holds an effective 95 percent interest in Wheeler River, which hosts the Phoenix and Gryphon deposits.

A feasibility study completed in 2023 outlined Phoenix as an in-situ recovery operation, while an updated study for Gryphon evaluated conventional underground mining.

Both deposits are expected to rank among the lowest-cost uranium operations globally, based on those studies.

Regulatory momentum has also continued at Wheeler River. The project’s environmental assessment received provincial approval from Saskatchewan in July 2025, and federal review advanced with the conclusion of the Canadian Nuclear Safety Commission’s public hearing in December.

Beyond Wheeler River, Denison maintains a broad portfolio across the Athabasca Basin, including interests in the McClean Lake joint venture as well as stakes in the Midwest, Tthe Heldeth Túé, and Huskie deposits.

For Skyharbour, the transaction allows it to remain an active operator on key exploration assets near Wheeler River while continuing to advance its broader Athabasca Basin portfolio.

The company holds interests in 37 uranium projects covering more than 616,000 hectares, including the Moore uranium project, located east of Wheeler River, and the remaining Russell Lake ground now organized under joint venture structures.

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


This post appeared first on investingnews.com

Trump Media & Technology Group (NASDAQ:DJT) has agreed to merge with fusion power developer TAE Technologies in an all-stock transaction valued at more than US$6 billion.

Under the terms of the agreement announced Thursday (December 18), shareholders of Trump Media and TAE will each own roughly 50 percent of the combined entity on a fully diluted basis once the transaction closes, which the companies expect to occur in mid-2026.

Trump Media will serve as the holding company for a portfolio that will include Truth Social, Truth+, TAE Technologies, TAE Power Solutions, and TAE Life Sciences.

The merger pairs Trump Media, best known for operating the Truth Social platform associated with US President Donald Trump, with a privately held fusion company that has spent more than two decades developing alternative nuclear technologies.

TAE Technologies says it has raised more than US$1.3 billion in private capital from investors including Google, Goldman Sachs, Chevron Technology Ventures and Sumitomo Corporation of Americas.

Management of the combined company will be shared. Devin Nunes, chairman and chief executive of Trump Media, and TAE chief executive Michl Binderbauer are set to serve as co-CEOs following completion of the deal.

Michael Schwab, founder and managing director of Big Sky Partners, is expected to become chairman of a nine-member board.

Trump Media said the transaction is designed to leverage its access to public capital to accelerate the commercialization of fusion power.

“Trump Media & Technology Group built uncancellable infrastructure to secure free expression online for Americans, and now we’re taking a big step forward toward a revolutionary technology that will cement America’s global energy dominance for generations,” Nunes said in the company press release.

Nunes further described fusion as “the most dramatic energy breakthrough since the onset of commercial nuclear energy in the 1950s.”

TAE, which has built and operated five fusion reactors during its research phase, said recent technical advances have reduced the size, cost and complexity of its systems, bringing them closer to commercial deployment.

As part of the transaction, Trump Media has agreed to provide up to US$200 million in cash to TAE at signing, with an additional US$100 million available upon the initial filing of the merger’s registration statement.

The companies said the combined group plans to identify a site and begin construction of a first utility-scale fusion power plant, targeted at roughly 50 megawatts of electrical output, in 2026, pending approvals.

Shares of Trump Media surged more than 30 percent in pre-market trading following the announcement.

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

This post appeared first on investingnews.com

VANCOUVER, BC / ACCESS Newswire / December 19, 2025 / CoTec Holdings Corp. (TSXV:CTH,OTC:CTHCF)(OTCQB:CTHCF) (‘CoTec’ or the ‘Company’) is pleased to note MagIron LLC’s (‘MagIron’) press release dated December 18, 2025. CoTec owns 16.5% of the equity in MagIron on a fully diluted basis.

MagIron announced that it has acquired five new state iron ore mining leases with the Minnesota Department of Natural Resources following the approval by the State of Minnesota Executive Council on December 2, 2025. These five new iron ore mining leases grant MagIron the rights to explore, mine and process hematite iron formation located in Itasca County, Minnesota. The leases are effective January 1, 2026 for a 20-year term and cover an area of 760 acres.

These new leases represent the first State-issued hematite mining leases specifically aligned with MagIron’s proprietary process for targeting and upgrading oxidized iron formation into high-grade Direct Reduction (‘DR’) grade iron ore concentrate, a critical input for ore-based metallics needed for the growing U.S. Electric Arc Furnace (‘EAF’) steel sector.

Combined with MagIron’s existing stockpiles, tailings, private mineral agreements, other State mineral leases and the mineral rights it owns, these new leases further strengthen the Company’s restart plans for Plant 4, a modern past-producing concentrator designed to supply the U.S. steel industry with low-carbon, domestically sourced iron units.

Julian Treger, CoTec CEO commented: ‘These leases are another exciting milestone for MagIron as it further secures supply for MagIron in the execution of its strategy of becoming a multi-decade integrated supplier of DR grade pellets to America’s rapidly expanding EAF steel industry.’

For further information, please visit https://magironusa.com

About CoTec

CoTec Holdings Corp. (TSX-V: CTH, OTCQB: CTHCF) is redefining the future of resource extraction and recycling. Focused on rare earth magnets and strategic materials, CoTec integrates breakthrough technologies with strategic assets to unlock secure, sustainable, and low-cost supply chains for the United States and its allies.

CoTec’s mission is clear: accelerate the energy transition while strengthening U.S. economic and national security. By investing in and deploying disruptive technologies, the Company delivers capital-efficient, scalable solutions that transform marginal assets, tailings, waste streams, and recycled products into high-value critical minerals.

From its HyProMag USA magnet recycling joint venture in Texas, to iron tailings reprocessing in Québec, to next-generation copper and iron solutions backed by global majors, CoTec is building a diversified portfolio with long-term growth, rapid cash flow potential, and high barriers to entry. The result is a game-changing platform at the intersection of technology, sustainability, and strategic materials.

For more information, please visit www.cotec.ca

For further information, please contact:
Braam Jonker – (604) 992-5600

Forward-Looking Information Cautionary Statement

Statements in this press release regarding the Company and its investments which are not historical facts are ‘forward-looking statements’ which involve risks and uncertainties, including statements relating to the Company’s interest in MagIron, the state leases secured by MagIron, the potential restart of the MagIron operations, the MagIron strategy and its execution and management’s expectations with respect to its current and potential future investments, and the benefits to the Company which may be implied from such statements. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements, due to known and unknown risks and uncertainties affecting the Company, including but not limited to resource and reserve risks; environmental risks and costs; labor costs and shortages; uncertain supply and price fluctuations in materials; increases in energy costs; labor disputes and work stoppages; leasing costs and the availability of equipment; heavy equipment demand and availability; contractor and subcontractor performance issues; worksite safety issues; project delays and cost overruns; extreme weather conditions; and social and transport disruptions. For further details regarding risks and uncertainties facing the Company please refer to ‘Risk Factors’ in the Company’s filing statement dated April 6, 2022, a copy of which may be found under the Company’s SEDAR profile at www.sedar.com. The Company assumes no responsibility to update forward-looking statements in this press release except as required by law. Readers should not place undue reliance on the forward-looking statements and information contained in this news release and are encouraged to read the Company’s continuous disclosure documents which are available on SEDAR at www.sedarplus.ca.

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 news release.

SOURCE: CoTec Holdings Corp.

View the original press release on ACCESS Newswire

News Provided by ACCESS Newswire via QuoteMedia

This post appeared first on investingnews.com

The U.S. Department of Health and Human Services (HHS) announced a sweeping package of proposed regulatory actions Thursday to end ‘sex-rejecting procedures’ on minors as part of President Donald Trump’s January executive order calling on the department to protect children from ‘chemical and surgical mutilation.’

‘Today, we are taking six decisive actions guided by gold standard science and the week one executive order from President Trump to protect children from chemical and surgical mutilation,’ HHS Secretary Robert F. Kennedy Jr. said during a press conference Thursday afternoon announcing the proposed actions.

HHS is rolling out a series of policy updates and regulatory actions that effectively would defund hospitals that provide gender transition procedures, according to an HHS official. 

The Centers for Medicare & Medicaid Services rolled out policy proposals that would bar hospitals from carrying out performing puberty blockers, cross-sex hormones and certain surgeries on patients under 18 as a ‘condition of participation in Medicare and Medicaid programs.’ The majority of U.S. hospitals participate in Medicare and Medicaid, according to HHS. 

The Centers for Medicare & Medicaid Services released another proposed rule that would block federal Medicaid funding for procedures aimed at altering the sex of a child under the age of 18, which HHS said also will apply to federal funding to the Children’s Health Insurance Program (CHIP) for the same procedures on individuals under the age of 19. 

Collectively, according to the HHS official, the actions would ensure no federal funds directly support gender transition procedures on children.

‘On my watch, HHS will stand for radical transparency and informed consent,’ said Kennedy. ‘We follow the evidence. We employ gold standard science. We honor the moral obligation to do no harm. There is divine worth in every person. It shines most brightly in our children that was commanded us to protect them.’ 

The announcement comes after HHS released a peer-reviewed report in November that found medical procedures to alter a child’s biological sex pose serious long-term dangers to children.

The report was released through the Office of the Assistant Secretary for Health and found that operations working to reject a child’s biological sex — including the use of puberty blockers, cross-sex hormones and surgical operations — ‘are significant, long term, and too often ignored or inadequately tracked.’

The November report was an update to HHS’ May report that reviewed the evidence and best practices for children with gender dysphoria, which was criticized by a handful of medical groups for not identifying the study’s authors and allegedly misrepresenting a medical consensus on the matter. 

In another Thursday crackdown, Kennedy signed a declaration that such procedures on children do not meet professional medical standards, based on the study, which warns ‘practitioners who perform sex-rejecting procedures on minors would be deemed out of compliance with those standards.’

‘They betrayed their Hippocratic Oath to do no harm,’ Kennedy said Thursday. ‘So-called gender-affirming care has inflicted lasting physical and psychological damage on vulnerable young people. This is not medicine. It is malpractice. We’re done with junk science driven by ideological pursuits, not the well-being of children.’ 

The Food and Drug Administration additionally announced Thursday, as part of the crackdown on trans medical issues for minors, that it sent warning letters to 12 manufacturers and retailers behind the ‘illegal marketing of breast binders to children.’ 

At the civil rights level, HHS is moving to undo a Biden-era effort to treat gender dysphoria as a disability under federal law. A newly proposed revision to Section 504 of the Rehabilitation Act of 1973 would clarify that the definitions of ‘disability’ and ‘individual with a disability’ exclude ‘gender dysphoria’ that is not the result of a physical impairment. 

‘The Biden-era amendment is designated gender dysphoria as a disability, serve the commercial interests of a predatory, multibillion dollar industry that betrayed the original intention of those laws engendered widespread public resentment against those laws among the American people, and discredit the statutes in the public mind,’ Kennedy said during the press conference Thursday. 

The announcement is expected to be met with pushback from left-wing Democrats, who have continued championing ‘gender-affirming care’ for kids. 

Transgender issues became a political football toward the end of Trump’s first administration and into the Biden administration, which repeatedly declared support for the trans community and trans youth. In November, 130 Members of Congress, for example, filed an amicus brief at the Supreme Court in November for a pair of cases focused on transgender students playing on a school sports team opposite their biological sex.  

Supporters of medical procedures aimed at altering a child’s sex argue preventing such medical care can lead to depression and anxiety, and even suicide and must be protected. 

President Donald Trump has repeatedly railed against trans procedures for children as an ‘act of abuse’ since before his reelection in 2024. 

The president and the Make America Healthy Commission he established earlier in 2025 have doubled down that there are only two biological sexes, including Trump signing an executive order declaring the U.S. only recognizes male and female sexes while also ending a ‘radical and wasteful’ diversity, equity and inclusion program within the government. 

This post appeared first on FOX NEWS

Congress may be winding down for the year, but senators are making one last push for the Trump administration to follow the law and release its trove of files and documents related to the late pedophile Jeffrey Epstein.

Lawmakers last month passed legislation that compels the Department of Justice (DOJ) to release all materials related to Epstein, and the deadline is Friday. Senate Democrats are already prepared to act in case the DOJ doesn’t follow through.

Senate Minority Leader Chuck Schumer, D-N.Y., warned that if the administration withholds documents, or abuses ‘narrow exemptions to hide the truth,’ there would be legal and political consequences.

‘Stop hiding, stop delaying,’ Schumer said. ‘Come clean with the American people. And if you don’t, the question will only get louder and louder and louder. Trump, ‘What the hell are you trying to hide?’’

Trump signed the bill shortly after it passed unanimously in the Senate — at Schumer’s behest — and it easily glided through the House.

Prior to the vote, Trump shifted his position to backing the release of the documents after a firestorm erupted in Congress, particularly the House, for several months after the FBI announced that it ‘is the determination of the Department of Justice and the Federal Bureau of Investigation that no further disclosure would be appropriate or warranted,’ of materials related to the late financier after reviewing troves of documents in the DOJ’s possession.

The bill requires that the DOJ release all unclassified records related to Epstein, his accomplice Ghislaine Maxwell, known associates and entities linked to Epstein and Maxwell, internal DOJ decision-making on the Epstein case, records on destroying or tampering with documents, and all documents on his detention and death.

There are some instances where the DOJ could choose to withhold certain documents, including materials that reveal victims’ identities or medical files, child sex abuse materials, information that could jeopardize active investigations, images of graphic death or injury, or classified national security information.

But the law lacks an actual enforcement mechanism to force Attorney General Pam Bondi to release the desired documents. Still, Republicans are confident that the DOJ will follow through.

Sen. Josh Hawley, R-Mo., told Fox News Digital that he ‘voted to release the Epstein files every single time that we’ve had an opportunity to do it across administrations.’

‘I think I presume good faith on the part of the DOJ,’ he said. ‘I mean, listen, the president signed the law. I mean, he’s called on them to be released. So I think I will be shocked if they didn’t release them. We’ll find out pretty soon.’

Sen. Eric Schmitt, R-Mo., told Fox News Digital that he believed Congress had been clear about its demands for the files and had ‘no reason to believe that they wouldn’t submit or provide the information.’

When asked about Schumer’s legal threats, he called the top Senate Democrat a ‘liar.’

‘That’s my response to anything Chuck Schumer says,’ Schmitt said. ‘He’s one of the worst senators in the history of the country.’

Other Republicans are more apathetic about the files’ expected release but are still intrigued by what new information they could hold.

‘I don’t really care. I’m as curious as anybody else,’ Sen. Ron Johnson, R-Wis., told Fox News Digital. ‘Do I think there are going to be bombshells? We’ll see what we’re going to get. It’s not my issue. It’s not my top priority. It’s way down there on the list.’

This post appeared first on FOX NEWS

A pair of conservative lawmakers is launching a new group in the House of Representatives to ‘protect Western civilization in the United States,’ according to one of its founders.

Reps. Keith Self, R-Texas, and Chip Roy, R-Texas, are starting the ‘Sharia Free America Caucus,’ Fox News Digital learned first.

‘Anytime you go to a fight, you bring as many friends with you as you can. I’m a military guy,’ Self told Fox News Digital. ‘So what we need to do is build this caucus now so that we can start educating the American people to the dangers of Sharia in the United States.’

Self said it was ‘fundamentally incompatible with the U.S. Constitution.’

The caucus also has support in the Senate from Sen. Tommy Tuberville, R-Ala., who Self said he hoped could help push some of its legislative goals forward through both chambers.

Among the bills they’re hoping to push is a ban on foreign nationals who ‘adhere to Sharia’ from entering the U.S., and a measure that would designate the Muslim Brotherhood as a terrorist organization.

‘America is facing a threat that directly attacks our Constitution and our Western values: the spread of Sharia law,’ Roy said in a statement. ‘From Texas to every state in this constitutional republic, instances of Sharia adherents masquerading as ‘refugees’ — and in many cases, sleeper cells connected to terrorist organizations — are threatening the American way of life.’

Sharia broadly refers to a code of ethics and conduct used by devout Muslims. Sharia law more specifically often refers to the criminal code used in non-secular Islamic countries, like Iran.

In its most extreme cases, such as when ISIS-controlled parts of the Middle East, charges like blasphemy could carry the death penalty.

But guarantees of religious freedom in the Constitution mean that Sharia law can not be carried out on any governmental level in the U.S.

The Republicans’ caucus appears largely symbolic in nature, but it’s evidence of the continued culture war raging in the country.

Self also pointed to countries like the U.K. and France, where growing unrest between Muslim refugees and the current populace has dominated headlines in recent years.

This post appeared first on FOX NEWS

Deputy FBI Director Dan Bongino, who announced on Wednesday that he will be departing from his role in January, later replied to FBI Director Kash Patel, who gave him a glowing review.

‘Dan is the best partner I could’ve asked for in helping restore this FBI. He brought critical reforms to make the organization more efficient, led the successful Summer Heat op, served as the people’s voice for transparency, and delivered major breakthroughs in long unsolved cases like the pipe bomb investigation. And that’s only a small part of the work he went about every single day delivering for America,’ Patel said in a post on X.

‘He not only completed his mission – he far exceeded it. We will miss him but I’m thankful he accepted the call to serve. Our country is better and safer for it,’ Patel added.

Bongino replied, thanking Patel.

‘Thank you my friend, it’s been the honor of a lifetime to serve beside you,’ he wrote.

Bongino, a former Secret Service agent who stepped aside from his work hosting a popular show as a conservative commentator to join the FBI, will depart the federal law enforcement agency less than a year after his swearing-in ceremony, which occurred in March 2025.

Prior to Bongino’s announcement on Wednesday, President Donald Trump said, ‘Dan did a great job,’ noting that he thinks Bongino wants to return to his show.

Attorney General Pam Bondi shared Bongino’s announcement post, commenting, ‘Americans are safer because of @FBIDDBongino’s service. Thank you, Dan.’

This post appeared first on FOX NEWS

Ukrainian President Volodymyr Zelenskyy on Wednesday called for the U.S. and other allies to respond to bellicose ‘signals’ from Russia.

‘Today, we again heard signals from Moscow that they are preparing to make next year a year of war. These signals are not only for us. It is crucial that our partners see them, and not only see them but also respond — especially partners in the United States, who often say that Russia wants to end the war,’ Zelenskyy asserted in a post on X.

Fox News Digital reached out to the White House for comment.

‘Yet the signals coming from Russia are the exact opposite, taking the form of official orders to their army. This Russian mindset must be recognized — and acted upon. When Russia is in this mindset, it will also undermine diplomacy — seeking, through diplomatic language and pressure over specific points in documents — to merely mask its desire to destroy Ukraine and Ukrainians, and the desire to legitimize Russia’s theft of our land. And then come other countries in Europe, which someone in Russia might one day label their so‑called ‘historical lands,” he asserted in the post.

‘Real protection is needed against this Russian case history of madness, and we will continue working with all partners to ensure that protection is in place. Security measures are needed, financial measures are needed — including actions on Russian assets — political measures are needed. And the courage of all partners is required: to see the truth, acknowledge the truth, and act accordingly. I want to thank everyone who supports Ukraine,’ his post concluded.

Zelenskyy also conveyed the message in a Ukrainian-language video.

Russian President Vladimir Putin declared during a Defense Ministry board meeting on Wednesday that Russia will accomplish its goals, either through diplomacy or military force.

‘The goals of the special military operation will undoubtedly be achieved. We would prefer to accomplish this and address the root causes of the conflict through diplomatic means. However, if the opposing side and its foreign patrons refuse to engage in substantive dialogue, Russia will achieve the liberation of its historical lands by military means. The task of creating and expanding a security buffer zone will also be carried out consistently,’ Putin said, according to a Kremlin transcript.

Rep. Don Bacon, R-Neb., a staunch proponent of U.S. support for Ukraine, asserted in a post on X, ‘Again… the U.S. should send 200 long-range and extremely accurate cruise missiles to Ukraine. Maybe then, Putin will get serious and seek peace. Putin started this war, and he’ll stop this war once he realizes he cannot win and that the cost of war is too high.’

President Donald Trump’s administration has been attempting to help broker peace between Russia and Ukraine.

This post appeared first on FOX NEWS

Nevada Sunrise Metals Corporation (TSXV: NEV,OTC:NVSGF) (OTC Pink: NVSGF) (‘Nevada Sunrise’ or the ‘Company’) is pleased to announce it has completed surface geophysical and geochemical exploration surveys at its Griffon Gold Mine Project (‘Griffon’, or the ‘Project’) in White Pine County, Nevada, USA. Griffon hosts a past-producing gold mine and is located within the Battle Mountain-Eureka Gold Belt, a prolific trend that contains numerous gold mines and deposits.

Highlights of the Fall 2025 Exploration Program

Nevada Sunrise based its Fall 2025 surface exploration program on the results of AI-generated analysis by VRIFY Technology Inc. (‘VRIFY‘) of the extensive historical Griffon geological and geophysical database for the Project (see Nevada Sunrise news release dated September 9, 2025), including:

  • Over 700 soil samples collected by APEX Geoscience USA (‘APEX’) will be analyzed by partial leach geochemical analysis by both Ionic Leach and Soil Gas Hydrocarbon (‘SGH’) methods. Each of these methods are capable of detecting subtle indications of buried mineralization that may not show robust surface expression from conventional soil surveys;
  • APEX carried out a ‘walking mag’ survey consisting of 50-line kilometres that has provided the first ever high-resolution magnetic data at Griffon. Preliminary interpretation of the data has revealed important information about the structural settings of the past-producing Discovery Ridge and Hammer Ridge deposits – knowledge which now can be applied to other untested target areas at the Project;
  • SJ Geophysics Ltd. carried out 3D induced polarization/resistivity (‘3D-IP’) and audiomagnetotellurics (‘AMT’) surveys consisting of 16.8 line kilometres on grids designed to investigate the resistivity and chargeability characteristics of the subsurface at Griffon. These survey types have never been performed at Griffon since the discovery of gold on the property in 1986 (see Figure 1).

Soil Sampling and Walking Mag surveys in progress at Griffon, November 2025

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/2799/278476_nevadasunrise.jpg

‘Nevada Sunrise is fortunate to have completed this important work during a period of favourable autumn weather in Nevada,’ said Warren Stanyer, President and CEO of Nevada Sunrise. ‘The pending integration of new geochemical and geophysical data with VRIFY’s AI predictive model will be an invaluable addition to the development of Griffon drill targets for 2026.’

Figure 1: Griffon Gold Mine Project 2025-2026 Target areas

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/2799/278476_7d678aef54c8c8d3_004full.jpg

Nevada Sunrise anticipates the receipt of geochemical analyses and geophysical modeling from the ground surveys in January 2026. Re-sampling and multi-element geochemical analysis of reverse circulation drill cuttings collected at Griffon by Fremont Gold Ltd. (now Hayasa Metals Inc.) in 2020, which were historically assayed only for gold, is still in progress. The broader analytical package will include pathfinder elements such as antimony, arsenic, thallium, and mercury that could provide geochemical vectors to enhance drill targeting at the Project.

Griffon Permitting Update

In late September 2025, Nevada Sunrise submitted a Plan of Operations (the ‘Plan‘) for Griffon to the United States Forest Service (the ‘USFS‘) to advise the USFS of the Company’s proposed surface disturbance and 2026 drilling plans at Griffon. Receipt of the Plan was confirmed in October 2025 and the Company awaits comments from the USFS regarding the timing and recommended execution of environmental baseline surveys that are a requisite before the commencement of drilling.

About Griffon

Griffon is located approximately 50 kilometres (33 miles) southwest of Ely, Nevada and consists of 89 unpatented mineral claims totaling approximately 1,780 acres (720 hectares). Griffon is situated within a 60 kilometre (40 mile) section of the Battle Mountain-Eureka Belt, which hosts operating gold mines and significant gold deposits (see Figure 2).

In February 2025, the Company entered into a mining lease to purchase Griffon from an arm’s-length party (see Nevada Sunrise news release dated February 20, 2025). Gold was mined at Griffon in two open pits from 1998 to 1999 and was reported to have produced 62,661 ounces of oxide gold until its premature closure in 1999, a year when the price of gold averaged approximately US$278 per ounce.1

Figure 2: Griffon’s Location in the Battle Mountain-Eureka Gold Belt

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/2799/278476_7d678aef54c8c8d3_005full.jpg

For more information about Griffon, including maps and photos, visit the Company’s website at: www.nevadasunrise.ca

References:

1 Nevada Division of Minerals, ‘Major Mines of Nevada’, published 1998 and 1999.

Qualified Person

The scientific and technical information contained in this news release has been reviewed and approved by Robert Allender Jr, CPG, SME and a Qualified Person for Nevada Sunrise as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects. Mr. Allender has examined information regarding the historical, current and proposed exploration at Griffon, which includes his review of the historical sampling, analytical procedures and results underlying the information and opinions contained herein.

Management cautions that historical results were collected and reported by operators unrelated to Nevada Sunrise and have not been verified nor confirmed by its Qualified Person; however, the historical results create a scientific basis for ongoing work at the Griffon property. Management further cautions that historical results, discoveries and published resource estimates on adjacent or nearby mineral properties, whether in stated current resource estimates or historical resource estimates, are not necessarily indicative of the results that may be achieved on the Griffon property.

About Nevada Sunrise

Nevada Sunrise is a junior mineral exploration company with a strong technical team based in Vancouver, BC, Canada, that holds interests in gold, copper and lithium exploration projects located in the State of Nevada, USA.

Nevada Sunrise holds the right to purchase a 100% interest in the Griffon Gold Mine Project, located approximately 50 kilometers (33 miles) southwest of Ely, NV.

Nevada Sunrise holds the right to earn a 100% interest in the Coronado Copper Project, located approximately 48 kilometers (30 miles) southeast of Winnemucca, NV.

Nevada Sunrise owns 100% interests in the Gemini West, Jackson Wash and Badlands lithium projects, all of which are located in the Lida Valley in Esmeralda County, NV.

As a complement to its exploration projects in Esmeralda County, the Company owns Nevada Water Right Permit 86863, also located in the Lida Valley basin, near Lida, NV.

For Further Information Contact:
Warren Stanyer, President and Chief Executive Officer
email: warrenstanyer@nevadasunrise.ca Telephone: (604) 428-8028
Website: www.nevadasunrise.ca

FORWARD-LOOKING STATEMENTS

This release may contain forward‐looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words ‘expects’, ‘plans’, ‘anticipates’, ‘believes’, ‘intends’, ‘estimates’, ‘projects’, ‘potential’ and similar expressions, or that events or conditions ‘will’, ‘would’, ‘may’, ‘could’ or ‘should’ occur and include disclosure of anticipated exploration activities. Although the Company believes the expectations expressed in such forward‐looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward-looking statements. Forward‐looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date such statements were made. The Company expressly disclaims any intention or obligation to update or revise any forward‐looking statements whether as a result of new information, future events or otherwise.

Such factors include, among others, risks related to: the results of the VRIFY study seeking new target areas at Griffon; the anticipated benefits of integration of new exploration results with the VRIFY results; the ability of the Company to raise funds for exploration activities, permitting and property maintenance costs at Griffon; reliance on technical information provided by third parties on any of our exploration properties; changes in project parameters as plans continue to be refined; current economic conditions; future prices of commodities; possible variations in grade or recovery rates; failure of equipment or processes to operate as anticipated; the failure of contracted parties to perform; labor disputes and other risks of the mining industry; delays due to pandemic; delays due to weather events; delays in obtaining governmental approvals, financing or in the completion of exploration, as well as those factors discussed in the section entitled ‘Risk Factors’ in the Company’s Management Discussion and Analysis for the Nine Months ending June 30, 2025, which is available under Company’s SEDAR profile at: www.sedarplus.ca

Although Nevada Sunrise has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Nevada Sunrise disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise. Accordingly, readers should not place undue reliance on forward-looking information.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of 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/278476

News Provided by Newsfile via QuoteMedia

This post appeared first on investingnews.com

(TheNewswire)

Vancouver, British Columbia TheNewswire – December 18, 2025 Juggernaut Exploration Ltd (JUGR.V) (OTCPK: JUGRF) (FSE: 4JE) (the ‘Company’ or ‘Juggernaut’) is pleased to report that it has appointed Manuele (Lele) Lazzarotto, Ph.D., as President and Chief Operating Officer (COO).

Mr. Lazzarotto has over a decade of experience in the mineral exploration industry, taking projects from inception to defined deposits. He has extensive experience in volcanogenic massive sulphide deposits and gold systems in Canada. Most recently, Mr. Lazzarotto has acted as Chief Geologist, instrumental in the discovery of Goliath Resources’ Surebet Discovery from 2019 to 2025. He holds a BSc and an MSc in Earth Sciences from ETH Zurich, Switzerland, and a PhD in Metamorphic Petrology from the University of Calgary, Canada.

Dan Stuart, CEO of Juggernaut Exploration, states: ‘Having Manuele (Lele) Lazzarotto, with his proven track record of success, including Goliath’s Surebet and Juggernaut’s Big One discovery, will help unlock long-term value for our shareholders.’ Juggernaut is preparing to launch its fully funded ~10,000-meter program at its Big One property.

Manuele Lazzarotto, President and COO of Juggernaut Exploration, states: ‘It is an honor to join Juggernaut Exploration as President and COO as the Company embarks on its inaugural drill program on the high-grade gold Big One discovery. With its high-grade gold and silver grades from hundreds of veins exposed on surface for up to 1 km and hosted within shear zones that are up to 50 m wide, the Big One discovery clearly demonstrates exceptional potential at depth. I look forward to working with the entire team to successfully execute our inaugural drill program, a critical step toward realizing the significant value this asset holds, and unlocking the full value for our shareholders and local stakeholders.’

 

About Juggernaut Exploration Ltd.

Juggernaut Exploration Ltd. is an explorer and generator of precious metals projects in the prolific Golden Triangle of northwestern British Columbia. Its projects are located in globally recognized geological settings and in geopolitically stable jurisdictions, making them amenable to mining in Canada. Juggernaut is a member and active supporter of CASERM, a collaborative venture between the Colorado School of Mines and Virginia Tech. Juggernaut’s key strategic cornerstone shareholder is Crescat Capital.

 

For more information, please contact:

Juggernaut Exploration Ltd.

Dan Stuart

Chief Executive Officer, Director

Tel: (604)-559-8028

www.juggernautexploration.com

Follow us on LinkedIn: Click Here
Follow us on Facebook:
Click Here
Follow us on X / Twitter:
Click Here
Follow us on YouTube:
Click Here

OF THIS RELEASE.

FORWARD LOOKING STATEMENT

Certain disclosures in this release may constitute forward-looking statements that are subject to numerous risks and uncertainties relating to Juggernaut’s operations that may cause future results to differ materially from those expressed or implied by those forward-looking statements, including its ability to complete the contemplated private placement. Readers are cautioned not to place undue reliance on these statements.

Disclaimer

NOT FOR DISSEMINATION IN THE UNITED STATES OR TO U.S. PERSONS OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES. THIS PRESS RELEASE DOES NOT CONSTITUTE AN OFFER TO SELL OR AN INVITATION TO PURCHASE ANY SECURITIES DESCRIBED IN IT.

Copyright (c) 2025 TheNewswire – All rights reserved.

News Provided by TheNewsWire via QuoteMedia

This post appeared first on investingnews.com