Archive

November 2025

Browsing

Rio Silver Inc. (the ‘Company’ or ‘Rio Silver’) (TSX.V: RYO,OTC:RYOOD) (OTC: RYOOF) is pleased to announce that, subject to the approval of the TSX Venture Exchange, the Company intends to settle (the ‘Transaction’) an aggregate of $293,250 of indebtedness (the ‘Debt’) owed to certain arm’s length and non-arm’s length creditors through the issuance of an aggregate of 1,396,428 common shares, at a deemed price of $0.21 per common share, and 420,238 common share purchase warrants (the ‘Warrants’) of the Company. 976,190 of the common shares (and no Warrants) will be issued to non-arm’s length creditors.

Each Warrant is exercisable into a common share at the price of $0.28 per common share, for a period of three years from the date of issue.

All common shares and Warrants issued to settle the Debt will be subject to a hold period of four months and one day from the date of issuance. The Transaction is subject to TSX Venture Exchange approval. Completion of the Transaction will allow the Company to improve its current working capital deficiency position.

ON BEHALF OF THE BOARD OF DIRECTORS OF Rio Silver INC.

Chris Verrico

Director, President and Chief Executive Officer

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

For further information,

Christopher Verrico, President, CEO

Tel: (604) 762-4448

Email: chris.verrico@riosilverinc.com

Website: www.riosilverinc.com

This news release includes forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. 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 or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required by applicable laws.

News Provided by GlobeNewswire via QuoteMedia

This post appeared first on investingnews.com

The UN Climate Change Conference, COP30, starts Nov. 6 with a world leader summit and runs to Nov. 21. It will emphasize ‘the urgency of the climate crisis and the need for accelerated and collective climate actions.’ However, Microsoft founder Bill Gates just issued a memo aimed at COP30 attendees proposing a fundamental shift in priorities: focus on poverty reduction rather than climate modification.

Gates, who previously gave primary importance to measures to reduce near-term emissions, has drawn criticism for arguing that ‘a metric that should count even more than emissions and temperature change [is] improving lives. Our chief goal should be to prevent suffering, particularly for those in the toughest conditions who live in the world’s poorest countries.’

His argument rests on three key premises: climate change poses serious challenges but does not represent an existential threat to civilization; temperature metrics alone inadequately measure climate-related progress; and improved health and economic prosperity provide the most effective defense against climate change.

Gates provides data to show that achieving net-zero emissions would result in a 1.9-degree Celsius temperature increase from 1990 levels, while inaction would produce a 2.9-degree increase. This one-degree differential, he argues, suggests that resources allocated toward net-zero goals might yield greater humanitarian benefits if redirected toward energy access and disease prevention.

The correlation between energy consumption and economic prosperity is striking. Nations with annual per capita incomes below $1,145 consume approximately 1,100 kilowatts per person annually, while those exceeding $14,005 in per capita income utilize 55,000 kilowatts per person annually, according to data cited by Gates.

The genuine inequity, Gates contends, lies in human development disparities. A child born in South Sudan faces mortality risks 39 times higher before age five compared to a Swedish child. These vulnerable populations require enhanced access to energy, nutrition and healthcare infrastructure.

The relationship between economic development and energy consumption is unequivocal: no nation has achieved high per capita income with low per capita energy usage, and conversely, no country maintains high energy consumption alongside persistent poverty.

Increased energy access facilitates improved living standards through enhanced productivity, agricultural advancement and household consumption, thereby reducing dependence on subsistence farming. Energy availability either provides farmers with modern agricultural technologies or enables economic mobility to pursue alternative livelihoods.

High-energy nations benefit from superior healthcare infrastructure and water sanitation systems, resulting in reduced maternal and child mortality rates and greater capacity for environmental protection measures.

Hurricane Melissa’s destruction in Jamaica illustrates how natural disasters inflict disproportionate damage on developing nations compared to wealthy countries, due to disparities in energy infrastructure, resilient construction and recovery capabilities. Affordable energy access is essential to addressing these inequalities.

Energy poverty in many African and Latin American nations drives migration pressures, as residents seek higher living standards in fossil fuel-rich regions, particularly Europe and North America.

To support emerging economies and alleviate migration pressures, President Donald Trump has reversed restrictions on loans to developing countries for fossil fuel energy projects. Financial institutions are no longer compelled to finance exclusively renewable energy initiatives.

The 140 private banks from 44 countries that participated in the United Nations Net Zero Banking Alliance — including Barclays, JP Morgan Chase and Sumitomo — have suspended their commitments to restrict fossil fuel financing. The World Bank, which has historically discouraged fossil fuel and nuclear power lending while prioritizing renewables, may reassess its position.

This policy shift enables developing nations to secure financing for conventional power plants, transmission infrastructure, distribution networks and household connections. Importantly, this change diminishes China’s strategic advantage in lending to African and Latin American nations — often securing ports and other assets as collateral.

Gates’s reversal in the climate debate challenges the international community to confront an uncomfortable reality. While climate conferences convene in developed nations with reliable electricity and healthcare systems, billions lack access to the energy that makes such gatherings possible.

His argument suggests that the most effective climate strategy may be ensuring that vulnerable populations have the resources to adapt and thrive, rather than pursuing emissions targets that may perpetuate the very poverty that exacerbates climate vulnerability. Whether policymakers at COP30 will heed this message remains uncertain, but Gates has succeeded in reframing the conversation around what climate action should ultimately serve: economic progress, not merely atmospheric targets.

This post appeared first on FOX NEWS

(TheNewswire)

Vancouver, British Columbia, November 5th, 2025 TheNewswire – Prismo Metals Inc. (the ‘ Company ‘ ) (CSE: PRIZ,OTC:PMOMF) (OTCQB: PMOMF) is pleased to announce that Walnut Mines LLC, the owner of the Hot Breccia claims optioned as to 75% by the Company, has agreed to extend certain dates to complete cash payments and exploration expenditures.

Alain Lambert, CEO of Prismo said: Prismo remains firmly committed to advancing the Hot Breccia Project, located in the heart of Arizona s historic copper belt. We appreciate the cooperation of Walnut Mines LLC in extending certain milestone obligations, which provides the Company with additional flexibility as we assess a range of strategic alternatives. Each of these paths is designed to position Prismo to commence drilling on what we consider one of the most compelling copper exploration opportunities in Arizona and the broader United States.

Dr Linus Keating, manager of Walnut Mines LLC, enthusiastically commented: ‘Walnut and Prismo remain firmly dedicated to advancing Hot Breccia towards drill discovery. Accomplishing that goal requires that we continue to work together and support each other. This extension will provide the necessary time, and better focus resources, to succeed at Hot Breccia.’

More specifically, the extensions are as follows: (i) extend the milestone date to complete exploration expenditures of $1,750,000 from January 31, 2026 to January 31, 2027; and (ii) extend the milestone date to complete exploration expenditures of $2,000,000 from January 31, 2027 to January 31, 2028 and (iii) extend the milestone date to complete the final cash payment of $275,000 to Walnut Mines LLC from January 31, 2026 to July 31, 2026.

Prismo s Hot Breccia project lies at the heart of the Arizona Copper Belt, which hosts several globally significant porphyry copper deposits.  Examples of these significant deposits are Freeport McMoRan’s Miami-Inspiration mining complex, BHP’s San Manuel mine, Rio Tinto and BHP’s Resolution deposit and others (see Figure 1).

Figure 1. Location of the Hot Breccia Project in the Arizona Copper Belt.

Historical drilling carried out in the mid to late 1970 s by a Rio Tinto subsidiary intersected high-grade copper mineralization at depths ranging from 640 to 830 meters below surface. Several holes targeted an area with a coincident magnetic high, believed to be caused by magnetite skarn that was cut in the drill holes and that occurs in xenoliths in cross cutting dikes exposed at the surface. Prismo believes those intercepts may represent the periphery of the upper portion of a large mineralized system.

Support for the Company s mineralization model at the project comes from several sources, including the results of historical drilling, geophysical surveys, distribution of dikes with xenoliths of Cu-bearing skarn, the 2023 ZTEM survey as well as the results of an AI study. The anomalous target area identified in Prismo s modelling measures 1,100 meters by 1,150 meters.

Dr. Craig Gibson, Chief Exploration Officer of Prismo stated: The copper exploration target at Hot Breccia has geophysical, geochemical and geological features characteristic of many porphyry copper deposits. The project area has a regional setting similar to BHP-Rio Tinto’s Resolution copper deposit located 40 kilometers to the northwest of Hot Breccia and which is considered to be one on the greatest copper discoveries in the history of North American mining. He added: The drill program is intended to drill through the entire prospective Paleozoic carbonate stratigraphy into the postulated porphyry body/breccia zone. The exploration team will take advantage of geological information provided by each hole during drilling to refine targeting of subsequent holes.

Historical drill holes cut high grade skarn mineralization including 23 meters with 0.54% Cu at 640 meters depth (hole OC-1), 18 m with 1.4% Cu and 4.65% Zn at 830 meters depth (hole OCC-7), and 7.6 m with 1.73% Cu and 0.11% Zn at 703 meters and 4.6 meters with 1.4% Cu and 0.88% Zn at 716 meters (OCC-8).  Mineralization occurs within a several hundred-meter-thick altered zone hosted in favorable Paleozoic carbonate rocks that underly a sequence of Cretaceous andesitic volcanic rocks. These carbonates are the same rocks that host the high-grade copper mineralization at Freeport s nearby Christmas mine.  The historic drilling intersected a blind mineralized intrusion associated with the skarn mineralization, providing an immediate drill target that is believed to be the source of the mineralization at Hot Breccia (Figure 2). Several magnetic highs in the region surrounding the proposed intrusion may also indicated buried skarn mineralization and provide additional exploration targets.


Click Image To View Full Size

Figure 2. Schematic cross section at Hot Breccia showing updated interpretation after Barrett (1974).

Notes:

(1) Barrett, Larry Frank (1972): Igneous Intrusions and Associated Mineralization in the Saddle Mountain Mining District Pinal County, Arizona. Unpublished Master’s Thesis, University of Utah.

(2) Barrett, Larry Frank (1974): Diamond drill hole OC-1, O’Carroll Canyon, Pinal County, Arizona, unpublished internal report, Bear Creek Mining.

About Hot Breccia

The Hot Breccia property consists of 1,420 hectares in 227 contiguous mining claims located in the world class Arizona Copper Belt between several very well understood world-class copper mines including Morenci, Ray and Resolution (Figure 1). Hot Breccia shows many features in common with these neighboring systems, most prominently a swarm of porphyry dikes and series of breccia pipes containing numerous fragments of well copper-mineralized rocks mixed with fragments of volcanic and sedimentary derived from considerable depth. Prismo performed a ZTEM survey last year that identified a very large conductive anomaly directly beneath the breccia outcrops.

Sampling at the project has shown the presence of copper mineralization associated with dacite dikes that transported fragments of strongly mineralized carbonate rocks to the surface from depths believed to be 400-1,000 meters. Drilling deep holes is necessary to tap into the source of these mineralized fragments found at surface.

Assay results from historic drill holes are unverified as the core has been destroyed, but information has been gathered from memos, photos and drill logs that contain some, but not all, of the assay results and descriptions.  Technical information from adjacent or nearby properties does not mean nor does it imply that Prismo will obtain similar results from its own properties.

Data on previous drilling and geophysics is historical in nature and has not been verified, is not compliant with NI 43-101 standards and should not be relied upon; the Company is using the information only as a guide to aid in exploration planning.

Qualified Person

Dr. Craig Gibson, PhD., CPG., a Qualified Person as defined by NI-43-01 regulations and Chief Exploration Officer and a director of the Company, has reviewed and approved the technical disclosures in this news release.

About Prismo Metals Inc.

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

Please follow @PrismoMetals on , , , Instagram , and

Prismo Metals Inc.

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

Contact:

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

Gordon Aldcorn, President gordon.aldcorn@prismometals.com

Cautionary Note Regarding Forward-Looking Information

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

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

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

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

Copyright (c) 2025 TheNewswire – All rights reserved.

News Provided by TheNewsWire via QuoteMedia

This post appeared first on investingnews.com

: The House GOP’s campaign arm is wasting no time in linking New York City’s democratic socialist mayor-elect to congressional Democrats facing challenging re-elections in next year’s midterm elections.

Hours after Zohran Mamdani’s election victory in New York City’s mayoral election, the National Republican Congressional Committee (NRCC) on Wednesday launched a digital ad spotlighting him, which is running in nearly 50 competitive House districts.

‘A radical left earthquake just hit America. The epicenter: New York,’ says the narrator in the NRCC spot, which was shared first with Fox News Digital.

The narrator argues that ‘the new socialist Mayor Zohran Mamdani built his movement on defunding the police and abolishing ICE. Now the socialists are celebrating. They call it progress. We call it chaos. Bureaucrats instead of doctors. Social workers instead of cops.’

‘This is the future House Democrats want, and your city could be next. Stop socialism. Stop Democrats,’ concludes the narrator, under pictures of Mamdani and House Minority Leader Rep. Hakeem Jeffries of New York.

Jeffries, the top Democrat in the chamber, endorsed Mamdani last week, nearly four months after Mamdani sent political shockwaves across the nation with his convincing win over former New York Gov. Andrew Cuomo and nine other candidates to capture the Democratic Party’s mayoral nomination.

Since Mamdani’s primary victory, Republicans have repeatedly aimed to make the now-34-year-old Ugandan-born state lawmaker from New York City the new face of the Democratic Party, as they work to characterize Democrats as far-left socialists.

Mamdani defeated Cuomo and two-time Republican mayoral nominee Curtis Sliwa in Tuesday’s election, making history as the first Muslim and first millennial mayor of the nation’s most populous city.

He was heavily criticized by Republicans and some Democrats for his far-left proposals to eliminate fares to ride New York City’s vast bus system, make CUNY (City University of New York) ‘tuition-free,’ freeze rents on municipal housing, offer ‘free childcare’ for children up to age 5 and set up government-run grocery stores.

Mamdani also took incoming political fire over his verbal attacks on Israel, his past critical comments about the New York City Police Department (NYPD), and his proposal to shift certain responsibilities away from the NYPD and focus on social services and community-based programs.

The digital spot, which is backed by a modest ad buy, will run in 29 Democrat-controlled House districts being targeted by the NRCC.

The lawmakers in the districts are Josh Harder (CA-09), Adam Gray (CA-13), George Whitesides (CA-27), Derek Tran (CA-45), Dave Min (CA-47), Darren Soto (FL-09), Jared Moskowitz (FL-23), Frank Mrvan (IN-01), Jared Golden (ME-02), Kristen McDonald Rivet (MI-08), Don Davis (NC-01), OPEN (NH-01), Nellie Pou (NJ-09), Gabe Vasquez (NM-02), Dina Titus (NV-01), Susie Lee (NV-03), Steven Horsford (NV-04), Tom Suozzi (NY-03), Laura Gillen (NY-04), Josh Riley (NY-19), Marcy Kaptur (OH-09), Emilia Sykes (OH-13), OPEN (TX-09), Henry Cuellar (TX-28), Julie Johnson (TX-32), Vicente Gonzalez (TX-34), OPEN (TX-35), Eugene Vindman (VA-07), and Marie Gluesenkamp Perez (WA-03).

The ads will also run digitally in 20 Republican-controlled House districts the NRCC expects to be in play in the midterms.

The lawmakers in those districts are Reps. Nick Begich (AK-AL), OPEN (AZ-01), Juan Ciscomani (AZ-06), David Valadao (CA-22), Young Kim (CA-40), Ken Calvert (CA-41), Gabe Evans (CO-08), Mariannette Miller-Meeks (IA-01), Zach Nunn (IA-03), Tom Barrett (MI-07), OPEN (MI-10), OPEN (NE-02), Tom Kean, Jr. (NJ-07), Mike Lawler (NY-07), Brian Fitzpatrick (PA-01), Ryan Mackenzie (PA-07), Rob Bresnahan (PA-08), Scott Perry (PA-10), Scott Perry, (PA-10), Jen Kiggans (VA-02), and Derrick Van Orden (WI-03).

At full strength, the Republicans hold a 220-215 majority in the House. Democrats need to pick up just three seats to win back the majority.

This post appeared first on FOX NEWS

Yum Brands said on Tuesday it was exploring strategic options for its Pizza Hut chain as the unit struggles to keep pace in a highly competitive fast-food industry vying for sales from a stressed consumer.

“Pizza Hut‘s performance indicates the need to take additional action to help the brand realize its full value, which may be better executed outside of Yum Brands,” Yum Brands’ new CEO, Chris Turner, said in a statement.

Pizza Hut‘s sales have lagged Yum Brands’ other prominent units, Taco Bell and KFC International, falling for seven consecutive quarters. In comparison, Taco Bell last reported negative comparable sales in June 2020.

Yum Brands’ shares were up about 2% in premarket trading after the company banked on 7% growth in Taco Bell U.S. same-store sales and 3% growth in KFC International to beat third quarter estimates.

Pizza Hut accounts for about 11% of Yum Brands’ operating profits, compared with about 38% for Taco Bell’s U.S. business.

Several quarters of price hikes at restaurants, sticky inflation and economic uncertainty have forced consumers to become more wary about dining out as they look to stretch their budgets. Still, pizzas are viewed as a value-option to feed families.

Industry giant Domino’s Pizza DPZ.O said in October that although fast-food traffic was slowing, consumers were still seeking out its pizzas, helped by promotions and new menu items, as well as its delivery partnerships with third-party aggregators such as Doordash DASH.O and UberEats UBER.N.

While Pizza Hut has also offered value deals such as various personal pizzas for $5 and $2, “an insufficient value message amid a competitive value landscape resulted in transaction softness,” company veteran and former CEO David Gibbs said in August.

Taco Bell’s Tex-Mex cuisine and its more affordable prices have held Yum Brands in good stead against the slowdown in dining out.

Yum Brands’ worldwide same-store sales grew 3% during the quarter ended September 30, 2025 edging past estimates of a 2.68% increase, according to data compiled by LSEG.

Adjusted profit per share of $1.58 beat estimates of $1.49.

Packaged food giant PepsiCo acquired Pizza Hut in 1977, but spun off the chain along with KFC and Taco Bell in 1997 to create a restaurants company, which took on the name Yum Brands in 2002.

A deadline to complete Pizza Hut‘s strategic review has not been set, and there was no assurance that the process would result in a transaction, Yum Brands said on Friday.

This post appeared first on NBC NEWS

(TheNewswire)

Toronto, Ontario November 4, 2025 TheNewswire – Laurion Mineral Exploration Inc. (TSX.V: LME | OTC: LMEFF) (‘LAURION’ or the ‘Corporation’) is pleased to announce encouraging results from its 7,700-metre Summer 2025 drill exploration program at the 100%-owned Ishkõday Project, located 220 km northeast of Thunder Bay in Greenstone, Ontario. The first five drill results were announced in the Corporation’s press releases dated August 19, 2025 and September 23, 2025, respectively, which targeted the high-grade gold-bearing vein systems of the Sturgeon River Mine area. Reference is also made to the Corporation’s press releases dated September 5, 2025, May 27, 2025 and May 8, 2025.

The reported drill holes below, LME25-061 and LME25-062, totalling 954 m were designed to evaluate the mineralized system at the historic Brenbar Mine area, stepping out to the north and northeast of the of the historic mine shaft.

Highlights of Drill Holes LME25-061 and LME25-062

LME25-061

  • 2.70 m @ 0.22 g/t Au from 152.6 m to 155.3 m

  • 2.50 m @ 0.20 g/t Au from 167.5 m to 170 m

  • 2.25 m @ 0.88 g/t Au from 213.85 m to 216.10 m, including 1.70 m @ 1.10 g/t Au from 214.4 m

LME25-062

  • 3.00 m @ 0.49 g/t Au from 304.0 m to 307 m, including 1.0 m @ 1.34 g/t Au from 304.0 m

  • 2.00 m @ 0.50 g/t Au from 111.0 m to 113.0 m, including 0.5 m @ 1.45 g/t Au from 111.80 m

  • 1.20 m @ 0.76 g/t Au from 105.7 m to 106.9 m, including 0.7 m @ 1.07 g/t Au from 105.7 m

  • 1.05 m @ 2.68 g/t Au from 117.6 m to 118.65 m, including 0.5 m @ 5.18 g/t Au from 118.15 m

  • 1.15 m @ 0.39 g/t Au from 310.7 m to 311.85 m

  • 1.10 m @ 1.63 g/t Au from 454.4 m to 455.5 m

These new intercepts not only confirm the continuity of gold-bearing structures near the Brenbar Shaft, but also demonstrate how far our understanding of Ishk õ day has advanced since the early 2010 drilling campaigns,’ said Cynthia Le Sueur-Aquin, President and CEO of Laurion Mineral Exploration Inc. ‘Our 2025 drill core is fully oriented, allowing precise structural interpretation and integration into our evolving 3D geological model — a critical step toward defining the geometry and scale of the mineralized system.’

The 2025 drill program targeted a cluster of complex folded gold-bearing vein structures in the Brenbar Shaft namely No 1, 2, 2A and No. 7 vein sets confirmed in historic drilling by Prodigy Gold Inc. ( Jamie Solomon & Jerry Light, June 13, 2011 ). That work returned multiple higher-grade intercepts, including 3.77 g/t Au over 1.30 m and 1.33 g/t Au over 1.0 m in BB09-03 , 5.50 g/t over 2.5 m, 1.39 g/t Au over 1.0 m and 1.47 g/t Au over 1.0 min BB09-04 , 2.29 g/t Au over 1.10 m and 0.39 g/t Au over 15.90 m in BB09-09 , 0.549 g/t Au over 12.50 m in BB09-10 , and 1.56 g/t Au over 1.0 m, 0.51 g/t Au over 6.30 m, 3.26 g/t Au over 0.80 m and 0.66 g/t Au over 8.20 min BB10-27 which tested No. 15 Vein, #25 trench vein . The results confirm high-grade quartz-vein hosted gold within sheared volcanic rocks. They provide the basis for LAURION’s 2025 program to test continuity and strike length at Brenbar, and to collect oriented core for detailed structural analysis and 3D modeling.

Table of Assays for Drill Holes for LME25-061 and LME25-062

Hole ID

From (m)

To (m)

Core Length (m)

Au (g/t)

LME25-061

38.1

38.9

0.8

0.395

LME25-061

152.6

155.3

2.7

0.224

Including

154.3

155.3

1

0.323

LME25-061

167.5

170

2.5

0.198

LME25-061

179.4

180.15

0.75

0.336

LME25-061

187.6

188.7

1.1

0.264

LME25-061

213.85

216.1

2.25

0.881

including

214.4

215.1

1.7

1.101

Including

214.4

215.1

0.7

1.27

Note: (Intervals represent core length; true widths are estimated at ~70–90% of reported intervals.)

Hole ID

From (m)

To (m)

Core Length (m)

Au (g/t)

LME25-062

20.70

21.20

0.50

1.025

LME25-062

105.70

106.90

1.20

0.762

including

105.70

106.40

0.70

1.065

LME25-062

111.00

113.00

2.00

0.502

including

111.00

111.80

0.80

0.215

including

111.80

112.30

0.50

1.455

LME25-062

117.60

118.65

1.05

2.684

including

118.15

118.65

0.50

5.18

LME25-062

143.90

144.40

0.50

0.654

LME25-062

148.70

149.20

0.50

0.533

LME25-062

166.00

166.50

0.50

0.595

LME25-062

168.00

168.50

0.50

2.300

LME25-062

216.60

217.10

0.50

0.450

LME25-062

222.00

222.70

0.70

0.313

LME25-062

253.80

254.40

0.60

0.559

LME25-062

304.00

307.00

3.00

0.494

Including

304.00

305.00

1.00

1.340

LME25-062

310.70

311.85

1.15

0.394

including

311.35

311.85

0.50

0.771

LME25-062

322.90

324.00

1.10

0.792

LME25-062

366.50

367.30

0.80

0.330

LME25-062

454.40

455.50

1.10

1.625

LME25-062

564.90

565.40

0.50

0.815

Note: (Intervals represent core length; true widths are estimated at ~70–90% of reported intervals.)

Drill Hole ID

Azimuth

Dip

Depth (m)

LME25-061

170

-60

330

LME25-062

160

-50

624

TOTAL

954

Sampling and QA/QC Protocols

All drill core is transported and stored inside the core facility located at the Ishkõday Project in Greenstone, Ontario. LAURION employs an industry standard system of external standards, blanks and duplicates for all of its sampling, in addition to the QA/QC protocol employed by the laboratory. After logging, core samples were identified and then cut in half along core axis in the same building and then zip tied individually in plastic sample bags with a bar code. Approximately five or six of these individual bags were then stacked into a ‘rice’ white material bag and stored on a skid for final shipment to the laboratory.

All core samples were shipped to the ALS facility in Thunder Bay, Ontario, which were then prepared by ALS Global Geochemistry in Thunder Bay and analyzed by ALS Global Analytical Lab in North Vancouver, British Columbia. Samples are processed by 4-acid digestion and analyzed by fire assay on 50 g pulps and ICP-AES (InductivelyCoupledPlasma – AtomicElement-Spectroscopy). Over limit analyses are reprocessed with gravimetric finish.

A total of 5% blanks and 5% standard are inserted randomly within all samples. 5% of the best assay result pulps were sent for re-assays. All QAQC were verified, and no contamination or bias have been observed. The remaining half of the core, as well as the unsampled core, is stored in temporary core racks at the core logging facility in Beardmore and moved to the core storage facility at the Ishkõday Project.

Qualified Person

The technical contents of this release were reviewed and approved by Jean-Philippe Paiement, PGeo, MSc, a consultant to LAURION and a Qualified Person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects .

About Laurion Mineral Exploration Inc.

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

LAURION’s emphasis is on the exploration and development of its flagship project, the 100% owned mid-stage 57 km 2 Ishkõday Project, and its gold-rich polymetallic mineralization.

LAURION’s chief priority remains maximizing shareholder value. A large portion of the Corporation’s focus in this regard falls within the scope of its mineral exploration activities and more specifically, advancing the Ishkõday Project. A consequence of LAURION’s success and advancement over the past several years is that the Corporation has become positioned as an acquisition target for appropriate potential acquirors. Accordingly, the Corporation’s Board of Directors is aware that possible strategic alternatives and transactional opportunities may arise and/or could be procured in the short or medium terms. The Corporation will promptly issue a press release if any material change occurs.

FOR FURTHER INFORMATION, CONTACT:

Laurion Mineral Exploration Inc .

Cynthia Le Sueur-Aquin – President and CEO

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

Douglas Vass – Investor Relations Consultant

Email: info@laurion.ca

Website: http://www.LAURION.ca

Follow us on: X (@LAURION_LME ), Instagram (laurionmineral) and LinkedIn ( )

Caution Regarding Forward-Looking Information

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

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

Copyright (c) 2025 TheNewswire – All rights reserved.

News Provided by TheNewsWire via QuoteMedia

This post appeared first on investingnews.com

What if Sen. Bernie Sanders is right and Federal Reserve Chair Jerome Powell is wrong?

What if the AI revolution causes mass layoffs of American workers, as the Vermont senator warned in a recent Fox News op-ed? And what if Powell is wrong that the softening labor market is due primarily to supply issues — lower immigration and a lower labor participation rate — rather than AI-produced ‘efficiencies’?

What will be the response of policymakers? What should it be?

AI will soon become a political battleground. Democratic socialist Sanders, ever the class warrior, has already questioned whether AI will help all Americans or only ‘a handful of billionaires.’ Like the trade deals that sent millions of jobs overseas, Sanders worries that the massive investment flowing into AI could result in up to 100 million Americans losing their jobs over the next decade. He could be right; imagine the repercussions.

Young people are already losing faith in capitalism and cozying up to socialism. Two-thirds of Democrats now view socialism more positively than capitalism. Nothing could undermine our capitalist system faster than widespread job losses stemming from a tech breakthrough cheered by the investor class.

This is the critical issue of our day — one getting scant attention, even from self-described ‘data-driven’ Powell, who is perennially looking backward rather than forward. In his latest press conference, Powell answered one question about employment by saying, ‘The supply of workers has dropped very, very sharply due to mainly immigration, but also lower labor force participation. So, and that means there’s less need for new jobs, because there’s — there isn’t this flow into the pool of labor where people need jobs.’ Excuse me, what?

The economy is growing, yet hiring is declining. Though the government shutdown has blocked the usual monthly labor reports, plenty of data suggests the job market is weakening. Companies are increasingly citing AI investment as a factor in lower headcounts.

Corporate America is spending tens of billions of dollars on AI, promising shareholders great gains in productivity. But where will that productivity come from, other than reducing headcounts? Certainly, people armed with artificial intelligence can deliver information and analyses more rapidly, making themselves and their organizations more productive. But ultimately, it will also make some people redundant and slow new hiring. The impact on America’s labor market will be profound — and is largely being ignored.

Amazon recently announced it was laying off 14,000 employees. A top human resources official at the firm sent a note titled ‘Staying nimble and continuing to strengthen our organizations.’ She wrote that ‘the world is changing quickly. This generation of AI is the most transformative technology we’ve seen since the Internet, and it’s enabling companies to innovate much faster than ever before.’

What kinds of workers are at risk? Factory workers and truck drivers, for sure, who are already being replaced by robots and AI — but also white-collar employees. Fortune notes that the Amazon layoffs ‘show it’s coming for middle management first.’ The world’s largest retailer employs about 1.5 million people; 14,000 is a drop in the bucket. But the trend is worrisome — and for those 14,000 people, devastating.

Amazon is not alone. UPS recently announced it has cut 48,000 jobs this year — 14,000 management positions and 34,000 in operations. UPS started the year with about 500,000 employees. Target also made headlines recently, saying it will cut 8% of its corporate workforce — its first significant layoffs in a decade.

Outplacement firm Challenger, Gray & Christmas cites market and economic conditions as the main reason for most corporate layoffs to date but also points to AI. That makes sense. After all, the economy is growing briskly — second-quarter real GDP growth was 3.8%, and it looks like we’ll see robust expansion for the third quarter as well.

There has never been a faster adoption of new technology. Already, an estimated one-third of Americans use AI; ChatGPT receives 5.4 billion visits per month. Global AI revenues are expected to total $391 billion this year and could reach $3.5 trillion by 2033. These estimates may be optimistic, but top tech firms are investing about $400 billion this year alone to expand capacity, according to The Wall Street Journal. They clearly believe the projections.

Bernie Sanders aside, no one should want to halt the AI revolution. Artificial intelligence promises extraordinary advances in medicine and other sciences — and could radically improve education for America’s children.

It’s also largely American companies that will benefit from the explosion in AI spending, reaping the profits and influence that come with global dominance of a new technology. Rising productivity will spur hiring in certain industries and boost real wages. It will also allow for the retirement of the 20-plus million baby boomers still working.

But there may well be a period of adjustment when layoffs exceed job creation. Unemployment may rise, fueling anger at the innovations producing more out-of-work Americans and resentment toward the companies behind the disruptions.

Lawmakers and financial leaders need to be prepared for this possibility — one that could deepen voters’ growing affection for socialism and rejection of capitalism. That would be a disaster for a country that has outperformed every other nation on Earth, producing unprecedented opportunity and wealth.

Otherwise, it will be Bernie Sanders and his left-wing colleagues dictating the response. Sanders advocates a 32-hour workweek with no loss in pay, giving workers significantly more power and imposing a ‘robot tax’ on big tech companies. Such measures would slow American competitiveness and growth, as they have in Europe.

We cannot allow that to happen.

This post appeared first on FOX NEWS

Kimberly-Clark said on Monday it will buy Tylenol maker Kenvue KVUE.N in a cash-and-stock deal valued at about $48.7 billion, to create one of the biggest consumer health goods companies in the United States.

Shares of Kenvue were up 18% in premarket trading, while Kimberly-Clark‘s shares were down 12.5%.

Kenvue has been under a strategic review, leadership shake-up, and mounting litigation risks. It came under fresh scrutiny following President Donald Trump’s comments linking its popular pain medicine Tylenol to autism.

The deal will bring together brands including Neutrogena, Huggies and Kleenex under a consumer health and personal care company with expected combined annual revenues of roughly $32 billion.

Sources in June told Reuters the strategic review of its operations could include a sale or breakup of the company that had been spun off from healthcare conglomerate Johnson & Johnson JNJ.N in 2023.

Kenvue‘s shareholders will receive $3.50 per share and 0.15 Kimberly-Clark shares for each Kenvue share held. That implies a per-share deal value of $21.01, or an equity value of $40.32 billion, according to Reuters calculations.

This post appeared first on NBC NEWS

Rua Gold Inc. (TSXV: RUA,OTC:NZAUF) (OTCQB: NZAUF) (WKN: A40QYC) (‘Rua Gold’ or the ‘Company’) is pleased to announce that it has engaged ICP Securities Inc. (‘ICP’) to provide automated market making services, including use of its proprietary algorithm, ICP Premium, in compliance with the policies and guidelines of the TSX Venture Exchange and other applicable legislation.

The Company will pay ICP a monthly fee of C$7,500 plus applicable taxes. The agreement between the Company and ICP commenced on November 1, 2025, and has an intial term of four (4) months (the ‘Initial Term’). It will automatically renew for subsequent one (1) month terms (each an ‘Additional Term’), unless either party provides at least 30 days written notice prior to the end of the Initial Term or any Additional Term. There are no performance-based factors in the agreement and no stock options or other forms of compensation are being issued in connection with the engagement. ICP and its clients may, from time to time, acquire or hold securities of the Company.

ICP is an arm’s-length party to the Company. ICP’s market making activity will be conducted primarily to correct temporary imbalances in the supply and demand of the Company’s shares. ICP will be responsible for all costs associated with buying and selling the Company’s shares, and no third party will provide funds or securities for the market making services.

OPTION GRANT

The Company granted 200,000 options (each, an ‘Option‘) to Mr. Simon Delander of the Company in accordance with the Company’s stock option plan dated July 24, 2024. Each Option is exercisable into one Common Share at an exercise price of $1.02 per Common Share for five years following the date of grant. The Options are subject to a 2-year vesting period with 100,000 Options vesting on October 20, 2026 and 100,000 Options vesting on October 20, 2027.

ABOUT ICP SECURITIES INC.

ICP Securities Inc. is a Toronto based CIRO dealer-member that specializes in automated market making and liquidity provision, as well as having a proprietary market making algorithm, ICP Premium, that enhances liquidity and quote health. Established in 2023, with a focus on market structure, execution, and trading, ICP has leveraged its own proprietary technology to deliver high quality liquidity provision and execution services to a broad array of public issuers and institutional investors.

ABOUT Rua Gold

Rua Gold is an exploration company, strategically focused on New Zealand. With decades of expertise, our team has successfully taken major discoveries into producing world-class mines across multiple continents. The team is now focused on maximizing the asset potential of Rua Gold’s two highly prospective high-grade gold projects.

The Company controls the Reefton Gold District as the dominant landholder in the Reefton Goldfield on New Zealand’s South Island with over 120,000 hectares of tenements, in a district that historically produced over 2Moz of gold grading between 9 and 50g/t.

The Company’s Glamorgan Project solidifies Rua Gold’s position as a leading high-grade gold explorer on New Zealand’s North Island. This highly prospective project is located within the North Islands’ Hauraki district, a region that has produced an impressive 15Moz of gold and 60Moz of silver. Glamorgan is adjacent to OceanaGold Corporation’s biggest gold mining project, Wharekirauponga.

For further information, please refer to the Company’s disclosure record on SEDAR+ at www.sedarplus.ca.

CONNECT AND SHARE

LinkedIn: https://www.linkedin.com/company/rua-gold
X: https://x.com/RuaGold
YouTube: https://www.youtube.com/@RUA_GOLD/
Facebook: https://www.facebook.com/ruagold.inc
Instagram: https://www.instagram.com/ruagold.inc/

Rua Gold CONTACT

Robert Eckford
Chief Executive Officer
Phone: +1 604 655 7354
Email: reckford@RUAGOLD.com
Website: www.RUAGOLD.com

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

This news release includes certain statements that may be deemed ‘forward-looking statements’. All statements in this new release, other than statements of historical facts, that address events or developments that the Company expects to occur, are 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 specifically include statements regarding: the Company’s strategies, expectations, planned operations or future actions, including but not limited to exploration programs at its Reefton and Glamorgan projects and the results thereof. 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 the forward-looking statements.

Investors are cautioned that any such forward-looking statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. A variety of inherent risks, uncertainties and factors, many of which are beyond the Company’s control, affect the operations, performance and results of the Company and its business, and could cause actual events or results to differ materially from estimated or anticipated events or results expressed or implied by forward-looking statements. Some of these risks, uncertainties and factors include: general business, economic, competitive, political and social uncertainties; risks related to the effects of the Russia-Ukraine war; risks related to climate change; operational risks in exploration, delays or changes in plans with respect to exploration projects or capital expenditures; the actual results of current exploration activities; conclusions of economic evaluations; changes in project parameters as plans continue to be refined; changes in labour costs and other costs and expenses or equipment or processes to operate as anticipated, accidents, labour disputes and other risks of the mining industry, including but not limited to environmental hazards, flooding or unfavorable operating conditions and losses, insurrection or war, delays in obtaining governmental approvals or financing, and commodity prices. This list is not exhaustive of the factors that may affect any of the Company’s forward-looking statements and reference should also be made to the Company’s short form base shelf prospectus dated July 11, 2024, and the documents incorporated by reference therein, filed under its SEDAR+ profile at www.sedarplus.ca for a description of additional risk factors.

Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/272929

News Provided by Newsfile via QuoteMedia

This post appeared first on investingnews.com

During my final overseas CIA assignment as a station chief in a South Asian war zone, our team was ruthlessly focused on detecting and preempting terrorist threats long before they could inflict harm on the U.S. homeland. We conducted plenty of clandestine operations unilaterally, but we also worked in close partnership with the host government’s intelligence service. We did not always agree on everything, but we enjoyed a robust exchange of intelligence on our mutual adversaries, shared analytical judgments and collaborated on a number of joint tactical counterterrorism operations.

On one occasion, our CIA team successfully found and fixed the location of a senior al Qaeda terrorist on the FBI Most Wanted list for having planned terrorist attacks. We shared our sensitive intelligence with the host government, whose military launched a well-planned raid and killed the al Qaeda terrorist during a firefight.

If there was one thing I learned at CIA, especially when it came to counterterrorism operations, it’s that our allies can be a tremendous force multiplier for our sacred mission of keeping our country safe from those who seek to do us harm.

Today, the Trump administration is applying a similar strategy for ensuring secure critical minerals supply chains and de-risking from Communist China, which is the world’s leading miner and processor of rare earths. China has made it a practice of extorting its commercial adversaries by restricting its exports of critical minerals.

Rare earth minerals are essential for making semiconductors, motors and fighter jets, all critical for our national security. The last thing we would want is to have to rely on Communist China for the supply.

China’s brazenly unfair trade practices involve dumping on the global market its massive, excess production of rare earths deliberately to drive prices down and force competitor mining companies out of business, thereby eliminating any long-term competition.

But the Trump administration has deployed a counter playbook to reduce China’s influence over rare earth markets. Rightly concerned that China is seeking to control the global economy by imposing its will on the high technology supply chain, Trump recently signed an $8-billion rare-earth mineral deal with Australian Prime Minister Anthony Albanese. And during his recent trip to Asia, Trump signed rare earth deals with Thailand and Malaysia.

The Trump administration also deftly applies the same principle of de-risking to critical materials and minerals including polysilicon, a pure form of silicon essential for the production of microchips and integrated circuits. Seeking to minimize the risk of China’s dominant global market share of polysilicon, the Trump administration smartly relies on NATO member Germany for the bulk of our polysilicon imports.

Further, the Trump administration is investigating national security threats posed by imports from other countries, including, but not exclusively, those linked to China. China dominates global polysilicon through state subsidies, deliberate overproduction and other nefarious trade practices — a familiar Chinese Communist Party playbook used on strategic materials.

‘If an enemy has alliances,’ Chinese philosopher Sun Tzu wrote, ‘the problem is grave and the enemy’s position strong.’

The U.S. is leading the way by building a global network for key technology components, which are vital to protecting our national security from Communist Chinese mercantilist aggression.

Dictators like Chinese President Xi Jinping want their enemies to be weak and divided. That’s because together the U.S. and our commercial partners are stronger and more able to protect internationally recognized borders, freedom of navigation and free trade on which the U.S. and global economy rely.

This post appeared first on FOX NEWS