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Sen. Ron Johnson is demanding the National Archives turn over all records related to former President Joe Biden’s ‘mental and physical health and cognitive decline,’ Fox News Digital has learned.

Fox News Digital exclusively obtained a letter Johnson, R-Wis., sent to Secretary of State Marco Rubio, who is serving as the acting archivist of the United States.

Johnson, who leads the Senate Permanent Subcommittee on Investigations, said he is now conducting an investigation into ‘the cover-up of former President Biden’s health and cognitive decline.’

‘My office has been reviewing the allegations that former President Biden, cabinet members, and his staff covered up his declining mental and physical health over the course of his presidency,’ Johnson wrote to Rubio, adding that the allegations ‘raise serious questions about who was making key presidential decisions if the former president was incapable of doing so.

‘One of these key decisions may have involved the presidential power to grant clemency or pardons — a matter that the White House Counsel’s Office, among other entities, are currently investigating,’ Johnson wrote.

Fox News Digital exclusively reported Tuesday that the White House Counsel’s Office, in conjunction with the Justice Department, is investigating Biden’s use of an autopen and already is reviewing more than 27,000 documents turned over by the National Archives and Records Administration (NARA).

‘The reporting further suggests that these records represent only a portion of the information in NARA’s possession that may be related to the coverup of former President Biden’s alleged mental and physical decline,’ Johnson wrote to Rubio, referring to the Fox News Digital exclusive report.

Johnson is now demanding that NARA turn over all records provided to the White House Counsel’s Office referring to or relating to Biden’s mental or physical health or the alleged cover-up, including all communications.

Johnson also is demanding communications between or among any former White House officials, members of Biden’s Cabinet or their staff or other staff relating to Biden’s mental or physical health.

Specifically, Johnson is demanding records belonging to former White House chief of staff Ron Klain, former White House chief of staff Jeff Zients, former advisor Mike Donilon, former counselor to the president Steve Ricchetti, Biden personal attorney Bob Bauer, Biden senior advisor Anita Dunn, former White House Physician Kevin O’Connor and others.

Johnson gave Rubio until July 30 to turn over the records.

Trump sent a memo in June to the Department of Justice directing Attorney General Pam Bondi to investigate the autopen use and to determine whether it was related to a decline in Biden’s mental state.

The White House Counsel’s Office is investigating Biden’s use of an autopen, a machine that physically holds a pen and features programming to imitate a person’s signature. Unlike a stamp or a digitized print of a signature, the autopen has the capability to hold various types of pens, from a ballpoint to a permanent marker, according to descriptions of autopen machines available for purchase. 

Biden used an autopen to sign a slew of documents while in office. He also used an autopen to sign final pardons, including preemptive pardons for members of his family, Dr. Anthony Fauci, Gen. Mark Milley and members and staff of the House committee investigating the Jan. 6, 2021, Capitol riots. He only signed one pardon by hand, for his son Hunter, after vowing to the American people for months he would not pardon Hunter.

In his final weeks in office, Biden granted clemency and pardoned more than 1,500 individuals in what the White House described at the time as the largest single-day act of clemency by a U.S. president.

Biden, in a recent interview with The New York Times, defended his use of an autopen, saying he ‘made every decision’ on his own.

‘We’re talking about (granting clemency to) a whole lot of people,’ Biden said. 

However, the Times reported that Biden ‘did not individually approve each name for the categorical pardons that applied to large numbers of people,’ according to the former president and his aides.

Congressional committees, like the House Oversight Committee, are also investigating the autopen use and Biden’s health while in office. 

A senior administration official recognized the simultaneous efforts but stressed that the White House Counsel’s investigation is separate from any congressional probes. 

Officials told Fox News Digital the investigation is a ‘massive effort,’ and one that they hope to finish ‘as soon as possible.’ 

As for Trump, officials told Fox News Digital he does not use an autopen for anything that could be considered official business.

The only time Trump may use the autopen is for unofficial business, including correspondence, letters for birthdays or commissioned records for widely shared documents, his office said.  

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People for the Ethical Treatment of Animals (PETA) is applauding a letter sent Thursday by Republican lawmakers to National Institutes of Health (NIH) Director Dr. Jay Bhattacharya, urging the agency to stop using taxpayer dollars for experiments on animals conducted in foreign laboratories. 

The letter, signed by Rep. Troy Nehls, R-Texas, and Sen. Rick Scott, R-Fla., highlights concerns about the lack of oversight and inadequate standards in certain foreign facilities. 

The bipartisan Cease Animal Research Grants Overseas (CARGO) Act—led by the Republicans along with Rep. Dina Titus, D-Nev., and Sen. Cory Booker, D-N.J.—seeks to end NIH funding for animal experiments outside the U.S. and ensure taxpayer dollars are not misused for the unnecessary suffering of animals.

Between 2011 and 2021, the NIH issued more than $2.2 billion in grants for controversial research in 45 countries.

According to the letter, the ‘research’ included genetically altering cats to be born with deformed legs, infecting bats with diseases that were transmissible and fatal to humans, and force-feeding mice human feces.

Nehls and Scott noted there are little to no inspections at the facilities where research is conducted or where the animals are housed, and there is inadequate auditing of foreign NIH-funded animal studies, resulting in significant gaps in oversight and accountability of how taxpayer dollars are being used. 

‘It is deeply concerning that American taxpayer dollars have been used to fund harmful and abusive animal experiments overseas that lack the same oversight and accountability as labs here in the United States,’ Nehls and Scott wrote in the letter. ‘…It is a waste of resources that should be allocated to more ethical and effective research practices that do not involve animals.’

PETA Senior Vice President Kathy Guillermo said the organization is grateful to Nehls, Scott, Titus and Booker for serving as the lead sponsors of the CARGO Act.

‘This effort represents a significant step in halting cruel and wasteful animal experimentation abroad, and it aligns with the Trump Administration’s broader shift toward more relevant, non-animal research methods,’ Guillermo wrote in a statement to Fox News Digital. ‘We are excited to continue working alongside these dedicated lawmakers to pass the CARGO Act and ensure that taxpayer money is no longer used to support pointless and unethical research.’

The CARGO Act was introduced following a PETA investigation into Caucaseco Scientific Research Center, a discredited Colombian laboratory with a history of violating animal care standards. 

Caucaseco Scientific Research Center received more than $17 million in U.S. funding, and the Biden administration’s NIH encouraged additional funding, even after it was caught confining monkeys in filthy conditions, leaving them to die from infected wounds, and starving mice to the point of cannibalism, according to PETA.

The PETA investigation reportedly led to multiple investigations by local authorities, the rescues of 108 monkeys and 180 mice, and the retraction of a research publication.

‘The letter’s request for NIH to immediately cease funding animal experiments in foreign labs is a crucial step toward protecting animals and ensuring taxpayer dollars are used responsibly,’ Guillermo wrote. ‘PETA remains committed to advocating for legislative and policy changes that prioritize ethical, practical, and non-animal research.’

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State Department spokesperson Tammy Bruce said the United States does not support recent Israeli airstrikes on Syria and called for ‘dialogue’ between the two Middle East powers.

‘The United States unequivocally condemns the violence. All parties must step back and engage in meaningful dialogue that leads to a lasting ceasefire,’ Bruce announced at a State Department press briefing Thursday afternoon. 

On Wednesday, Israeli airstrikes in the Syrian capital of Damascus struck the country’s Defense Ministry headquarters and an area near the presidential palace, killing three and injuring dozens of others, according to reports. 

The Israeli military said it was intervening to defend the minority Druze population in southern Syria, a community that shares a border with Israel, amid armed skirmishes between local Bedouin Sunni tribes and the recently installed Syrian government.

‘We are acting decisively to prevent the entrenchment of hostile elements beyond the border, protect Israeli citizens and prevent harm to Druze civilians,’ Eyal Zamir, chief of the Israeli Defense Forces’ general staff, said during a situational assessment at the Syrian border.

Secretary of State Marco Rubio announced Wednesday afternoon that an agreement had been reached between Israel and Syria to end the ‘troubling and horrifying situation.’

‘This will require all parties to deliver on the commitments they have made, and this is what we fully expect them to do,’ he added.

‘Thankful to all sides for their break from chaos and confusion as we attempt to navigate all parties to a more durable and peaceful solution in Syria,’ U.S. Special Envoy to Syria Tom Barrack added.

When asked Thursday what prompted the Israeli strikes and whether the U.S. suspected any foreign fighters, like ISIS, of being involved in the conflict in Syria between the Bedouins and the Druze, Bruce said there will need to be continued investigation to figure out exactly why this Israeli airstrike occurred.

Rubio said Wednesday he believed Israel’s strike on the Syrian capital of Damascus was ‘likely’ due to ‘a misunderstanding.’

Bruce on Thursday responded to reporters’ questions about what U.S. officials meant when they said ‘confusion’ and ‘misunderstanding’ from Israel were what led to their involvement. 

‘This is an ancient rivalry between the Druze and the Bedouins and violence ensued, the Syrians moving to that area to quell and stop that violence. And the Israelis, who see that occurring to the Druze community and their concerns, then entered what they assessed was something larger than what, or even not what it was at all,’ Bruce said at Thursday’s briefing. 

‘The good news is, the story is, it stopped, as within the management of that larger conflict. Again, there’s still skirmishes and other issues. … The Syrian government is going to have to lead — obviously, there will be other involvement — but lead in to this de-escalation and to the stability.’

Fox News Digital’s Caitlin McFall contributed to this report.

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Senators are not thrilled with a top White House official’s comments that the government funding process should become more partisan, and fear that doing so could erode Congress’ power of the purse.

Office of Management and Budget Director Russ Vought told reporters during a Christian Science Monitor Breakfast Thursday morning that he believed ‘the appropriations process has to be less bipartisan.’

His sentiment came on the heels of Senate Republicans advancing President Donald Trump’s $9 billion clawback package, which would cancel congressionally approved funding for foreign aid and public broadcasting, just a few hours before.

Unlike the hyper-partisan bills that have dominated the Senate’s recent agenda, including the rescissions package and the president’s ‘big, beautiful bill,’ the appropriations process is typically a bipartisan affair in the upper chamber.

That is because, normally, most bills brought to the floor have to pass the Senate’s 60-vote threshold, and with the GOP’s narrow majority, Senate Democrats will need to pass any spending bills or government funding extensions to ward off a partial government shutdown.

Senate Majority Leader Chuck Schumer, D-N.Y., who alluded to issues down the line with the appropriations process if Republicans advanced Trump’s resicssions package, took a harsh stance against Vought. 

‘Donald Trump should fire Russell Vought immediately, before he destroys our democracy and runs the country into the ground,’ Schumer said. 

Members of the Senate Appropriations Committee also did not take kindly to Vought’s comments.

‘I think he disrespects it,’ Sen. Lisa Murkowski, R-Alaska, said. ‘I think he thinks that we are irrelevant, and I wish I had actually heard the speech, because, you know, again, everything in context.’

‘But you have to admit that when you look at the quotes that are highlighted in the story this morning, it is pretty dismissive of the appropriations process, pretty dismissive,’ she continued.

Vought has no intention of slowing the rescissions train coming from the White House, and said that there would be more rescissions packages on the way.

He noted another would ‘come soon,’ as lawmakers in the House close in on a vote to send the first clawback package to the president’s desk.

‘There is no voter in the country that went to the polls and said, ‘I’m voting for a bipartisan appropriations process,’’ Vought said. ‘That may be the view of something that appropriators want to maintain.’

Both Murkowski and Senate Appropriations Chair Susan Collins, R-Maine, voted against the rescissions package, and warned of the cuts to public broadcasting, lack of transparency from the OMB and the possible effect it could have on legislating in the upper chamber.

‘I disagree with both those statements,’ Collins said of Vought’s push for a more partisan appropriations process. ‘Just as with the budget that the President submitted, we had to repeatedly ask him and the agencies to provide us with the detailed account information, which amounts to 1000s of pages that our appropriators and their staff meticulously review.’

Fox News Digital reached out to the OMB for comment. 

Vought’s comments came at roughly the same time as appropriators were holding a mark-up hearing of the military construction and veterans’ affairs and Commerce, Justice and Science spending bills.

Sen. Patty Murray, the top Democrat on the Senate Appropriations Committee, said during the hearing that Senate Republicans coalescing behind the rescissions package would only make hammering out spending bills more difficult, and argued that ‘trust’ was at the core of the process.

‘That’s part of why bipartisan bills are so important,’ she said. ‘But everyone has to understand getting to the finish line always depends on our ability to work together in a bipartisan way, and it also depends on trust.’

Other Republicans on the panel emphasized a similar point, that, without some kind of cooperation, advancing spending bills would become even more challenging.

Sen. John Hoeven, R-N.D., said that finding ‘critical mass’ to move spending bills was important, and warned that people have to ‘quit saying it’s gotta just be my way or the highway,’ following threats Schumer’s threats last week that the appropriations process could suffer should the rescissions package pass. 

‘People better start recognizing that we’re all gonna have to work together and hopefully get these [appropriations] bills to the floor and see what we can move,’ he said. ‘But if somebody just sits up and says, ‘Oh, because there’s a rescission bill, then I’m not going to work on Appropriations,’ you can always find an excuse not to do something. Let’s figure out how we can work forward.’

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What can you get for $9.4 billion?

3G Capital recently purchased footwear giant Skechers for $9.4 billion. 

$9.4 billion could cover your rent for a pretty nice apartment in New York City for more than 40,000 years. 

Yes, it will just be you and the cockroaches by then. 

Or, you could pay the cost of every major disaster in the past four decades – ranging from Chernobyl to Fukushima to Hurricane Sandy. 

But $9.4 billion isn’t a lot when cast against nearly $7 trillion in annual spending by the federal government. 

And it’s really not much money when you consider that the U.S. is about slip into the red to the tune of $37 trillion. 

Which brings us to the Congressional plan to cancel spending. That is, a measure from Republicans and the Trump Administration to rescind spending lawmakers already appropriated in March. The House and Senate are now clawing back money lawmakers shoved out the door for the Corporation for Public Broadcasting and foreign aid programs under USAID. The original proposal cut $9.4 billion. But that figure dwindled to $9 billion – after the Senate restored money for ‘PEPFAR,’ a President George W. Bush era program to combat AIDS worldwide. 

In other words, you may have a couple thousand years lopped off from your rent-controlled apartment in New York City. Of course that hinges on what Democratic mayoral nominee Zorhan Mamdani decides to do, should he win election this fall. 

Anyway, back to Congressional spending. Or ‘un-spending.’ 

The House passed the original version of the bill in June, 216-214. Flip one vote and the bill would have failed on a 215-215 tie. Then it was on to the Senate. Republicans had to summon Vice President Vance to Capitol Hill to break a logjam on two procedural votes to send the spending cancellation bill to the floor and actually launch debate. Republicans have a 53-47 advantage in the Senate. But former Senate Majority Leader Mitch McConnell, R-Ky., along with Sens. Lisa Murkowski, R-Alaska and Susan Collins, R-Maine, voted nay – producing a 50-50 tie.

Fox is told some Senate Republicans are tiring of McConnell opposing the GOP – and President Trump – on various issues. That includes the nay votes to start debate on the spending cancellation bill as well as his vote against the confirmation of Defense Secretary Pete Hegseth in January.

‘He used to be the Leader. He was always telling us we need to stick together,’ said one GOP senator who requested anonymity. ‘Now he’s off voting however he wants? How time flies.’

Note that McConnell led Senate Republicans as recently as early January.

But McConnell ultimately voted for the legislation when the Senate approved it 51-48 at 2:28 am ET Thursday morning. 

Murkowski and Collins were the only noes. The services of Vice President Vance weren’t needed due to McConnell’s aye vote and the absence of Sen. Tina Smith, D-Minn. She fell ill and was admitted to George Washington Hospital for exhaustion. 

As for the senior senator from Alaska, one GOP senator characterized it as ‘Murkowski fatigue.’

‘She always asking. She’s always wanting more,’ groused a Senate Republican.

Murkowski secured an agreement on rural hospitals in exchange for her vote in favor of the Big, Beautiful Bill earlier this month. However, Murkowski did not secure more specificity on the DOGE cuts or help with rural, public radio stations in Alaska on the spending cut plan.

‘My vote is guided by the imperative of coming from Alaskans. I have a vote that I am free to cast, with or without the support of the President. My obligation is to my constituents and to the Constitution,’ said Murkowski. ‘I don’t disagree that NPR over the years has tilted more partisan. That can be addressed. But you don’t need to gut the entire Corporation for Public Broadcasting.’ 

In a statement, Collins blasted the Trump administration for a lack of specificity about the precision of the rescissions request. Collins, who chairs the Senate Appropriations Committee in charge of the federal purse strings, also criticized the administration a few months ago for a paucity of detail in the President’s budget. 

‘The rescissions package has a big problem – nobody really knows what program reductions are in it.  That isn’t because we haven’t had time to review the bill,’ said Collins in a statement. ‘Instead, the problem is that OMB (the Office of Management and Budget) has never provided the details that would normally be part of this process.’

Collins wasn’t the only Republican senator who worried about how the administration presented the spending cut package to Congress. Senate Armed Services Committee Chairman Roger Wicker, R-Miss.,  fretted about Congress ceding the power of the purse to the administration. But unlike Collins, Wicker supported the package.

‘If we do this again, please give us specific information about where the cuts will come. Let’s not make a habit of this,’ said Wicker. ‘If you come back to us again from the executive branch, give us the specific amounts in the specific programs that will be cut.’

DOGE recommended the cuts. In fact, most of the spending reductions targeted by DOGE don’t go into effect unless Congress acts. But even the $9.4 billion proved challenging to cut. 

‘We should be able to do that in our sleep. But there is looking like there’s enough opposition,’ said Sen. Rand Paul, R-Ky., on Fox Business.

So to court votes, GOP leaders salvaged $400 million for PEPFAR.

‘There was a lot of interest among our members in doing something on the PEPFAR issue,’ said Senate Majority Leader John Thune, R-S.D. ‘You’re still talking about a $9 billion rescissions package – even with that small modification.’

The aim to silence public broadcasting buoyed some Republicans.

‘North Dakota Public Radio – about 26% of their budget is federal funding. To me, that’s more of an indictment than it is a need,’ said Sen. Kevin Cramer, R-N.D. 

But back to the $9 billion. It’s a fraction of one-tenth of one percent of all federal funding. And DOGE recommended more than a trillion dollars in cuts.

‘What does this say for the party if it can’t even pass this bill, this piddling amount of money?’ yours truly asked Sen. John Kennedy, R-La.

‘I think we’re going to lose a lot of credibility. And we should,’ replied Kennedy.

But the House needed to sync up with the Senate since it changed the bill – stripping the cut for AIDS funding. House conservatives weren’t pleased that the Senate was jamming them again – just two weeks after major renovations to the House version of the Big, Beautiful Bill. But they accepted their fate.

‘It’s disappointing that we’re $37 trillion in debt. This to me was low-hanging fruit,’ said Rep. Eric Burlison, R-Mo. ‘At the end of the day, I’ll take a base hit, right? It’s better than nothing.’

White House Budget Director Russ Vought is expected to send other spending cancellation requests to Congress in the coming months. The aim is to target deeper spending reductions recommended by DOGE. 

But it doesn’t auger well for future rescissions bills if it’s this much of a battle to trim $9 trillion.

What can you get for that much money? For Republicans, it’s not much. 

Republicans were swinging for the fences with spending cuts.

But in the political box score, this is recorded as just a base hit.

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Congress is officially sending a package detailing $9 billion in spending cuts to President Donald Trump’s desk, minutes after midnight on Friday.

The bill, called a ‘rescissions package,’ was approved by the House of Representatives in a late-night 216 to 213 vote after intense debate between Republicans and Democrats. Just two Republicans, Reps. Brian Fitzpatrick, R-Pa., and Mike Turner, R-Ohio, voted in opposition.

Friday was also the deadline for passing the legislation, otherwise the White House would be forced to re-obligate those funds as planned.

It’s a victory for House Speaker Mike Johnson, R-La., but a mostly symbolic one – the spending cuts bill was largely seen by Trump allies as a test run of a fiscal claw-back process not used in more than two decades.

‘This bill tonight is part of continuing that trend of getting spending under control. Does it answer all the problems? No. $9 billion, I would say is a good start,’ House Majority Leader Steve Scalise, R-La., said during debate on the bill.

When signed by Trump, it will block $8 billion in funding to the U.S. Agency for International Development (USAID) and $1 billion to the Corporation for Public Broadcasting for the remainder of the fiscal year. The dollars had been allocated by Congress for the duration of fiscal year 2025.

Republicans celebrated it as a victory for cutting off the flow of U.S. taxpayer dollars to what they called ‘woke’ initiatives abroad, while Democrats accused the right of gutting critical foreign aid.

Rescissions packages are a way for the president to have input in Congress’ yearly appropriations process. The White House sends a proposal to block some congressionally obligated funds, which lawmakers have 45 days to get through the House and Senate.

Republicans have also been able to sideline Democrats so far, with the rescissions process lowering the Senate’s threshold for passage from 60 votes to 51.

The last time a rescissions package was signed into law was 1999.

Consideration of the bill began with a House Rules Committee hearing at 6 p.m. on Thursday evening.

Democrats attempted multiple times throughout the process to weaponize the ongoing inter-GOP fallout over the Jeffrey Epstein case, both in the House Rules Committee and on the chamber floor during debate on the bill. 

Multiple calls were made for votes to force the release of the so-called Epstein ‘files.’

‘If every Republican votes to block our attempt to release the records, they are telling Epstein’s victims, you don’t matter as much as our political convenience. And that should disgust every single one of us,’ said Rep. Jim McGovern, D-Mass.

Far-right GOP figures are demanding accountability, while Trump has called on his base to move on after the Department of Justice (DOJ) signaled the case was closed.

Initial plans to begin advancing the bill earlier in the day were quickly scuttled, with Republicans on the committee being concerned about being put into a difficult position with potential Epstein votes.

In the end, a compromise led to the House Rules Committee advancing a separate nonbinding measure dealing with Epstein transparency, on a parallel track to the rescissions bill.

‘All the credible evidence should come out. I’ve been very clear with members of the House Rules Committee. Republicans have been taking the incoming criticism because they voted to stop the Democrats’ politicization of this, and they’re trying to stick to their job and move their procedural rules to the floor so we can do our work and get the rescissions done for the American people,’ Johnson told reporters during negotiations earlier in the day.

Democrats nevertheless pressed on, mentioning Epstein multiple times on the House floor. McGovern even briefly led a chant of ‘release the files’ when closing debate on the bill.

Republicans, in turn, accused Democrats of hypocrisy.

‘Interesting how they talk about Jeffrey Epstein, because for four years, Mr. Speaker, President Joe Biden had those files, and not a single Democrat that you’re hearing tonight tried to get those files released,’ House Majority Leader Steve Scalise, R-La., said at one point during the House floor debate.

The House initially voted to advance a $9.4 billion rescissions package, but it was trimmed somewhat in the Senate after some senators had concerns about cutting funding for HIV/AIDS prevention research in Africa.

Trump is expected to sign the bill on Friday.

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Investor Insight

CuFe Limited’s multi-commodity exposure offers a compelling diversified investment opportunity into high-growth markets.

Overview

CuFe Limited (ASX:CUF) is a multi-commodity exploration and development company with interest in a number of projects situated throughout mature mining jurisdictions in Western Australia and the Northern Territory. The company’s value proposition is predicated on its high-grade mature copper/gold project at Tennant Creek as well as its exposure to iron ore, gold and niobium. Its exploration portfolio includes mature copper targets at Tennant Creek and greenfield exploration ground near WA1 Resources’ (ASX:WA1) recent niobium discovery.

CuFe’s Tennant Creek project hosts a mineral resource estimate of 10.35 million tons (Mt) at 1.53 percent copper and 0.92 grams per ton (g/t) gold for 159 kt copper and 302 koz gold. CuFe currently owns a 55 percent interest in over 240 kilometres of highly-prospective tenure in the Northern Territory.

The company is progressing a scoping study in collaboration with Emmerson Resources and Tennant Minerals through a strategic alliance focused on establishing a multi-user processing facility and exploring operational synergies in the Tennant Creek region.

CuFe is also evaluating the Yarram project and nearby Camp Creek tenement, both of which benefit from proximity to the Darwin port, enhancing their potential for low OPEX operations.

Company Highlights

  • CuFe Limited is an ASX-listed, copper, gold, iron ore and niobium exploration and development company with a multi-commodity portfolio of assets.
  • The company’s assets are in mature mining regions in Western Australia and the Northern Territory, with access to extensive pre-existing infrastructure.
  • CuFe’s projects are highly prospective for copper (Tennant Creek, Bryah Basin), iron ore (Yarram, Camp Creek, Robertson Range), gold (North Dam, Tambourah, Nullagine) and niobium (West Arunta).
  • Two of these projects have existing JORC resources: Tennant Creek (55 percent CuFe owned) and Yarram (50 percent CuFe owned).
  • The company is led by a proven and experienced in-house team with expertise in identification, discovery, evaluation, deployment and operations.

Key Projects

Copper

Tennant Creek

CuFe’s Tennant Creek project is located in the highly prospective Gecko-Goanna copper-gold corridor of the Northern Territory. A mature project comprising three high-grade copper and gold mineral resources, it contains a combined JORC 2012 mineral resource of 10.35 Mt at 1.53 percent copper and 0.92 g/t gold for 159 kt copper and 302 koz gold.

The project benefits from nearby infrastructure including grid power, a gas pipeline, the Stuart highway and rail line to Darwin. The Orlando deposit was recently re-estimated, showing a significant increase of 89 percent in contained copper and 120 percent in gold.

The strategic alliance with Emmerson Resources and Tennant Minerals is currently progressing a scoping study on shared plant options, with further workstreams including mine scheduling, metallurgy, logistics and cost modelling.

Gecko and Goanna deposits are also undergoing re-evaluation to identify resource growth opportunities, with further drilling planned during the 2025 field season.

Bryah Basin JV Projects

JV tenements within Bryah Basin

Through wholly owned subsidiary Jackson Minerals, CuFe holds a 20 percent interest in approximately 800 square kilometres of highly-prospective tenements near the former DeGrussa mine and Doolgunna project. These tenements are under joint ventures and farm-ins with several partners, notably the Morck Well and Peak Hill projects. CuFe is free-carried to a decision to mine.

Gold

North Dam

Located 50 kilometres south-southeast of Coolgardie and near major gold deposits like Wattle Dam and Spargos Reward, the North Dam project is transitioning focus back to gold. Future fieldwork will include geophysical surveys and auger drilling to test gold-bearing east-west structures.

Tambourah

The 100 percent owned Tambourah Tenure contains historic gold workings and known gold-bearing quartz reefs. CuFe’s 2024 review identified potential for high-grade mineralisation, supported by historical drill data and recent sampling results up to 11.9 g/t Au. A field campaign and subsequent drilling are planned in 2025.

Niobium

West Arunta

The 100 percent owned West Arunta project consists of four tenements (E80/5925, E80/5950, E80/5990 and E80/6052) located in the highly-prospective region of the same name. The tenure is known to be prospective for carbonatite-hosted niobium and rare earth element mineralization and has IOCG potential. Spanning roughly 250 square kilometres, it is located approximately 70 kilometres north of several prominent recent discoveries by WA1 and Encounter Resources (ASX:ENR).

Total magnetic intensity (TMI) and location of target areas within E80/6052

CuFe has completed native title arrangements to commence work on the ground and this is expected to occur during the 2025 field work season for the region (April to November). In the meantime Southern Geoscience Consulting has undertaken a geophysical review of publicly available airborne magnetic data for the tenements including re-processing of said data and 3D unconstrained inversion modeling. Analysis of the total magnetic imagery revealed three anomalous areas across the package, resulting in nine target anomalies for further investigation and exploration.

Iron

Yarram

Yarram is a mature iron ore project located just 110 kilometres from Darwin Port. It hosts a high-grade DSO resource of 5.6 Mt at over 60 percent Fe, plus an additional 7.1 Mt of lower-grade ore with beneficiation potential.

Geotechnical and metallurgical studies support its suitability for lump product blast furnace feed. CuFe is investigating near-term production strategies, including low-cost strip mining of the Captain Morgan deposit.

Camp Creek

Recently granted, Camp Creek lies 5 km southwest of Yarram and shares similar logistical advantages. Exploration is planned to follow up on magnetic anomalies and historic iron ore assays that suggest potential for Yarram-style mineralisation.

Robertson Range

Located within the Bryah Basin region, this project is undergoing staged field exploration. Initial rock chip samples showed over 60 percent Fe, and the next phase includes drilling to test continuity at depth.

Management Team

Tony Sage – Executive Chairman

Tony Sage is an entrepreneur with over 36 years of experience in corporate advisory services, funds management and capital raising, predominantly within the resource sector. He is based in Western Australia and has continued to be involved in managing and financing listed mining and exploration companies with a diverse commodity base.

Sage has developed global operational experience within Europe, North and South America, Africa, Oceania, Asia and the Middle East. He is currently non-executive chairman of ASX-listed Cyclone Metals (ASX:CLE) and Executive Chairman of European Lithium (ASX:EUR) and NASDAQ listed Critical Metals (NAS:CRML).

Mark Hancock – Executive Director

Mark Hancock has over 30 years’ experience in key financial, commercial and marketing roles across a variety of industries with a strong focus on natural resources. During his 13 years at Atlas Iron Ltd, Hancock served in numerous roles including CCO, CFO, executive director and company secretary. He has also served as a director on a number of ASX listed entities and is currently a director of Centaurus Metals Ltd and Strandline Resources Ltd.

Hancock holds a Bachelor of Business (B.Bus) degree, is a Chartered Accountant (CA) and is a Fellow of the Financial Services Institute of Australia (F FIN).

David Palmer – Non-executive Director

David Palmer is a geologist and company director with more than 38 years’ experience in the global exploration industry, the majority of his career has been with Rio Tinto Exploration, focused on copper/gold, base metals, industrial minerals, uranium, iron ore,and diamonds throughout Australia and the Asia/Pacific.

Amongst other senior positions, Palmer led the business development, mineral title and indigenous engagement functions and was part of the management team that discovered the world-class Winu Cu-Au deposit. He holds a Bachelor of Science (First Class Honours) from the University of Newcastle.

Scott Meacock – Non-executive Director

Scott Meacock has a wealth of experience as external counsel acting in, and advising on, complex corporate and commercial law transactions and disputes for clients in a wide range of industry sectors including natural resources and financial services.

Meacock currently serves as the chief executive officer and general counsel of the Gold Valley Group. He holds a Bachelor of Laws (LLB) degree and a Bachelor of Commerce (BComm) degree from the University of Western Australia.

Matthew Ramsden – GM Development

Matthew Ramsden is an experienced geologist and project developer commencing his career in Tasmania before stints in the Pilbara with Rio Tinto and Atlas Iron, where he played a key role in the development and ramp-up of six iron ore mines.

He joined CuFe in 2021 to commence the JWD iron ore mine and now has oversight over the company’s exploration and development projects.

Ramsden is a member of the Australasian Institute of Geoscientists.

Siobhán Sweeney – Geology Manager

Siobhán Sweeney brings over 13 years’ geology experience to the CuFe team, from greenfields exploration to resource development with a strong focus on target generation and development of iron ore projects. During her eight years at Atlas Iron, Sweeney was instrumental in developing critical iron ore projects in the Pilbara such as Miralga Creek and Corunna Downs. Her background in managing complex and challenging exploration programs has been key to delivering successful projects.

Since joining CuFe in July 2021, Sweeney has been tasked with developing and implementing mine geology processes during the start-up phase of the JWD mine. Most recently she has delivered a successful exploration drill campaign to further define the Yarram iron ore deposit.

Sweeney is a member of the Australian Institute of Geoscientists and holds a Bachelor of Science degree (hons) in geology from the National University of Ireland Galway.

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Investor Insight

Pacgold is one of Australia’s most compelling gold exploration opportunities, backed by a strong technical team, offering investors exposure to a large-scale, underexplored gold system with significant resource growth potential.

Overview

Pacgold (ASX:PGO) is an Australian gold exploration company focused on the systematic advancement of the Alice River gold project in Northern Queensland. The company is led by a technically driven and highly experienced team of geologists and mining professionals, with demonstrated success in exploration, resource development and capital markets.

Pacgold team on site at Alice River gold project

With a dominant land position in the region, Pacgold holds 377 sq km of exploration permits and eight mining leases across the prospective Alice River Fault Zone (ARFZ). This structure is interpreted as part of a large-scale intrusion-related gold system, with characteristics analogous to major global deposits such as Fort Knox (USA) and Hemi (Western Australia).

The company has validated its model through drilling success at the Central Zone, culminating in a maiden mineral resource of 474,000 oz of gold. This comprises both open pit and underground components, with resource grades averaging 1.2 grams per ton (g/t) gold, and zones open in all directions. Less than five percent of the strike length has been tested, and much of the prospective corridor is obscured by thin sand cover, highlighting strong potential for blind discoveries.

With extensive infrastructure already in place, including an airstrip, accommodation camp and road access within 100 km, Pacgold is positioned to rapidly scale exploration and accelerate resource growth. The 2025 campaign, which includes more than 10,000 metres of RC drilling and new IP surveys, aims to unlock the full regional potential of the ARFZ.

Company Highlights

  • District-scale Discovery Potential: Pacgold controls more than 377 sq km of tenure and more than 30 km of strike length across the Alice River Fault Zone (ARFZ), a fertile, underexplored structural corridor in Northern Queensland.
  • Maiden Resource: In May 2025, the company published a 474,000 oz gold mineral resource estimate (MRE), covering just five percent of the total strike, confirming high-grade mineralization and strong potential for expansion.
  • Aggressive Exploration Strategy: More than 10,000 metres of RC drilling campaign is underway, complemented by air-core and diamond programs, aimed at growing the Central Zone resource and testing multiple regional targets.
  • Attractive Valuation Entry: With a market capitalization of just ~AU$10 million and an EV of AU$8.5 million (as of Q1 2025), Pacgold provides a low-cost entry into a potentially Tier 1 gold system.
  • Experienced Leadership: The board includes proven mine developers and discovery geologists with prior success at Chalice, AngloGold Ashanti, BHP and Sibanye-Stillwater.

Key Project

Alice River Gold Project

The Alice River gold project is a large-scale, greenstone-hosted gold system centred on the regional ARFZ, located in Northern Queensland. The project area comprises 377 sq km of contiguous tenure, including eight granted mining leases. Pacgold controls over 30 km of strike length along the ARFZ, a major crustal-scale structure that has only recently been systematically explored with modern techniques.

The deposit style is interpreted as an intrusion-related gold system, a highly attractive deposit type known for hosting long-life, large-tonnage gold mines. Examples include the Fort Knox gold mine in Alaska and the Hemi gold project in Western Australia. The Alice River system features sheeted quartz-sulfide veining, extensive sericite-altered zones, and strong IP chargeability responses coincident with surface gold anomalism.

Pacgold’s 2024 and 2025 drilling campaigns have focused on the Central Zone, which yielded the maiden MRE totaling 474,000 oz gold across both open pit and underground resources. The pit-constrained resource includes 10.6 Mt at 1.2 g/t gold (404,000 oz), with a further 1.5 Mt at 1.4 g/t gold (71,000 oz) defined for underground potential. High-grade zones remain open at depth and laterally, with drill spacing still relatively broad (~80 x 80 metres), leaving significant scope for resource expansion.

Beyond the Central Zone, the company has delineated multiple high-priority regional targets along the ARFZ. These include:

  • White Lion: A compelling target with surface gold anomalism and a coincident IP chargeability anomaly. A gradient and dipole-dipole IP survey is being extended in Q2 2025, with drilling expected in Q4.
  • Victoria and The Shadows: Emerging prospects to the south with limited historical drilling but strong geophysical responses.
  • Posie and Southern Target Area: Additional areas along the southern ARFZ strike that exhibit strong structural preparation, geochemical responses and potential for concealed mineralization.

Drilling recommenced in April 2025, with RC drilling underway and air-core and diamond drilling scheduled through Q3 2025. The program aims to increase drill density in resource zones and test underexplored regional anomalies. Pacgold expects up to 15,000 metres of total drilling during the 2025 campaign, coupled with ongoing geophysical targeting, including IP and drone magnetics.

The project is fully permitted, with strong access and logistics, and is located in a low-risk jurisdiction with significant precedent for gold development. With limited historical exploration and clear mineralizing controls now defined, Alice River represents a transformative opportunity to uncover a Tier 1 discovery in an overlooked Australian belt.

Management Team

Matthew Boyes – Managing Director and CEO

Matthew Boyes is a geologist with over 28 years of international experience across mine geology, exploration, corporate leadership and capital markets. He has managed exploration teams and development projects across Western Australia, the Americas and Europe. His technical oversight and commercial strategy guide Pacgold’s resource growth and investor engagement.

Caoilin Chestnutt – Non-executive Chair

A former head of business development at BHP and currently head of technical services at Thiess, Caoilin Chestnutt brings nearly 30 years of experience in global exploration strategy, M&A and deal structuring across multiple commodities. She is also deputy chair of Critical Minerals at the Queensland Exploration Council.

Michael Pitt – Non-executive Director

Michael Pitt is the co-founder of New Century Resources (ASX:NCZ), and former VP of business development at Sibanye-Stillwater (JSE:SSW). He currently leads development at Broken Hill Mines. His expertise in mine redevelopment and business strategy supports Pacgold’s long-term operational execution.

Richard Hacker – Non-executive Director

Former CFO and GM commercial at Chalice Mining (ASX:CHN), Richard Hacker played a key role in the Julimar discovery. He has held leadership roles at Liontown Resources and DevEx. Hacker contributes deep experience in financial oversight and strategic planning for discovery-stage companies.

Bruce Kendall – Non-executive Director

Bruce Kendall is an award-winning exploration geologist with over 30 years in exploration management at AngloGold Ashanti, Chalice Mining, Jabiru Metals and IGO. He was a key contributor to the Tropicana, Julimar and Coyote discoveries, and brings essential geological insight to Pacgold’s targeting and evaluation.

Geoff Lowe – Exploration Manager

As a Competent Person and seasoned exploration geologist, Geoff Lowe is responsible for executing Pacgold’s field campaigns. He has played a central role in resource modeling, target generation and drill program design for the Alice River project.

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Halcones Precious Metals Corp. (TSXV: HPM) (the ‘ Company ‘ or ‘ Halcones ‘) is pleased to report that the nominees listed in the management proxy circular dated June 5, 2025 (the ‘ Circular ‘) for the annual and special meeting of shareholders of Halcones held on July 17, 2025 (the ‘ Meeting ‘) were elected as directors of the Company.  The appointment of each of the nominees to the Company’s board was approved by more than 96% of the votes cast at the Meeting.  Shareholders at the Meeting also approved the appointment of the Company’s auditors and the Company’s stock option plan.

 

Halcones management would like to thank shareholders for their participation and continuing support.

 

  About Halcones  

 

 Halcones Precious Metals Corp. is focused on exploring for and developing gold-silver projects in the Maricunga Belt, Chile, the premiere gold mining district in South America. The Company has a team with a strong background of exploration success in the region.

 

  For further information, please contact:  

 

  Vincent Chen
Investor Relations
info@halconespreciousmetals.com
www.halconespreciousmetals.com

 

  Cautionary Note Regarding Forward-looking Information  

 

This press release contains ‘forward-looking information’ within the meaning of applicable Canadian securities legislation. Forward-looking information includes, without limitation, the Meeting, shareholders support and the Company’s future plans. Generally, forward-looking information can be identified by the use of forward-looking terminology such as ‘plans’, ‘expects’ or ‘does not expect’, ‘is expected’, ‘budget’, ‘scheduled’, ‘estimates’, ‘forecasts’, ‘intends’, ‘anticipates’ or ‘does not anticipate’, or ‘believes’, or variations of such words and phrases or state that certain actions, events or results ‘may’, ‘could’, ‘would’, ‘might’ or ‘will be taken’, ‘occur’ or ‘be achieved’. Forward- looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Halcones, as the case may be, to be materially different from those expressed or implied by such forward-looking information, including but not limited to: general business, economic, competitive, geopolitical and social uncertainties; the actual results of current exploration activities; risks associated with operation in foreign jurisdictions; ability to successfully integrate the purchased properties; foreign operations risks; and other risks inherent in the mining industry. Although Halcones has attempted to identify important factors that could cause actual results to differ materially from those contained in 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 information 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 information. Halcones does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

 

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

 

   

 

 

News Provided by GlobeNewswire via QuoteMedia

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Melbourne, Australia (ABN Newswire) – Lithium Universe Limited (ASX:LU7,OTC:LUVSF) (FRA:KU00) (OTCMKTS:LUVSF) is pleased to announce that further to its announcements dated 18 June 2025 and 2 July 2025, it has successfully completed the acquisition of 100% of the issued capital New Age Minerals Pty Ltd (NAM) which is party to an exclusive licensing agreement with Macquarie University in respect to patented photovoltaic (PV) solar panel recycling technology known as Microwave Joule Heating Technology (the Acquisition).

Highlights

– Completion of the acquisition of 100% of the issued capital of New Age Minerals Pty Ltd

– Acquisition gives Lithium Universe exclusive rights to patented photovoltaic (PV) solar panel recycling technology known as Microwave Joule Heating Technology

Further details regarding the Microwave Joule Heating Technology are set out in the Company’s announcement dated 18 June 2025.

Commenting on the Acquisition, Lithium Universe’s Executive Chairman, Iggy Tan said:

‘We are pleased to have completed this important milestone, which now allows us to begin working more closely with the Macquarie University team. This next phase will focus on developing a robust research program to enhance the Microwave Joule Heating Technology and unlock its full commercial potential. We believe this collaboration will play a pivotal role in advancing sustainable recycling solutions and position Lithium Universe as a leader in critical metal recovery from end-of-life solar panels.’

 

About Lithium Universe Ltd:  

Lithium Universe Ltd (ASX:LU7,OTC:LUVSF) (FRA:KU00) (OTCMKTS:LUVSF) is a forward-thinking company on a mission to close the ‘Lithium Conversion Gap’ in North America and revolutionize the photovoltaic (PV) solar panel recycling sector. The company is dedicated to securing the future of green energy by addressing two major strategic initiatives: the development of a green, battery-grade lithium carbonate refinery in Quebec, Canada, and pioneering the recycling of valuable metals, including silver, from discarded solar panels.

 

 

Source:
Lithium Universe Ltd

 

 

Contact:
Iggy Tan
Executive Chairman
Lithium Universe Limited
Email: info@lithiumuniverse.com

 

 

News Provided by ABN Newswire via QuoteMedia

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