Author

admin

Browsing

Iran’s top prosecutor pushed back Friday on a recent announcement from President Donald Trump that Iran canceled more than 800 executions, alleging that the president’s remarks are ‘completely false.’ 

Trump wrote on Truth Social last week, ‘I greatly respect the fact that all scheduled hangings, which were to take place yesterday (Over 800 of them), have been cancelled by the leadership of Iran. Thank you!’ 

However, Iran’s top prosecutor, Mohammad Movahedi, said Friday that, ‘This claim is completely false; no such number exists, nor has the judiciary made any such decision,’ according to The Associated Press. 

‘We have a separation of powers, the responsibilities of each institution are clearly defined, and we do not, under any circumstances, take instructions from foreign powers,’ Movahedi reportedly added in comments published by the Iranian judiciary’s Mizan news agency.

When asked for reaction Friday, a White House official told Fox News Digital that Trump is monitoring the situation in Iran very seriously and that all options remain available if the regime in Tehran executes protesters. 

The official added that following Trump’s warnings to Iran, demonstrators who were set to be sentenced to death there were not. 

The White House official also said Trump believes this is good news and is hoping the trend continues.

‘What I will say with respect to Iran is that the president and his team have communicated to the Iranian regime that if the killing continues, there will be grave consequences,’ White House press secretary Karoline Leavitt told reporters last week. 

As of Friday, there have been 5,032 deaths during the crackdown against anti-government protesters in Iran, the AP reported, citing the U.S.-based Human Rights Activists News Agency.

Iran’s government offered its first death toll Wednesday, saying 3,117 people had been killed. It claimed that 2,427 of the dead in the demonstrations that began Dec. 28 were civilians and security forces, with the rest being ‘terrorists.’ 

The Associated Press contributed to this report. 

This post appeared first on FOX NEWS

House conservatives are reviving various pushes to impeach judges accused of blocking President Donald Trump’s agenda after Speaker Mike Johnson, R-La., gave his tacit approval earlier this week.

‘I just spoke to him on the House floor, and he’s still in support, so we’re going to push to move forward on at least one,’ Rep. Andy Ogles, R-Tenn., told Fox News Digital in the early evening on Thursday.

Ogles was among the conservative Trump allies who led the push to impeach judges last year as the administration engaged in legal battles with federal courts across the country over various rulings.

He previously introduced impeachment articles against U.S. District Judge John Bates for blocking a Trump executive order targeting transgender recognition under federal law, as well as District Judge Theodore Chuang after his ruling to stop a crackdown on foreign aid by Elon Musk’s Department of Government Efficiency (DOGE).

Neither of those impeachment resolutions or others targeting several other judges went anywhere at the time, however. House GOP leaders made clear they believed impeachment was an impractical way to deal with what Republicans saw as ‘activist judges’ trying to influence policy rather than interpret law.

Johnson and other leaders instead favored a bill by Rep. Darrell Issa, R-Calif., to limit district judges’ ability to issue nationwide injunctions. That bill passed the House along partisan lines last year but was never taken up in the Senate.

The speaker sounded more enthusiastic about impeachment during his press conference on Wednesday, telling reporters, ‘I’m for it.’

He named U.S. District Judge James Boasberg, specifically, who’s been targeted by Republicans after rulings on several key immigration cases involving Trump’s policies, including flying migrants to El Salvador and other countries instead of detaining them in the U.S.

Boasberg more recently raised GOP ire when it was revealed that Boasberg had signed off on decisions that allowed for the seizure of some Republican lawmakers’ phone records in former special counsel Jack Smith’s Arctic Frost probe.

A resolution to impeach Boasberg led by Rep. Brandon Gill, R-Texas, gained traction among conservatives last year, and the Texas Republican told Fox News Digital he was heartened by Johnson’s comments on Thursday.

‘We’re going to do everything we can to push that forward. I mean the reality is that Boasberg has been acting as an agent of the Democrat Party for quite some time now,’ Gill said. ‘I’m thrilled to see the speaker get on board. I think his leadership will be crucial in getting this passed.’

Gill said it was still early to predict whether it would see a House-wide vote but said his office was in contact with Johnson’s office about the measure, which he said was ‘moving in the right direction.’

A source familiar with his effort told Fox News Digital that his resolution to impeach Boasberg gained two new House GOP co-sponsors after Johnson’s comments this week.

Other House Republicans who supported the push last year indicated they would do so again.

‘I’d be all for it,’ Rep. Andrew Clyde, R-Ga., told Fox News Digital. He said of Boasberg specifically, ‘I think he’s one of the most forthright judicial activists on the bench and that’s not why he was put on the bench.’

Rep. Marlin Stutzman, R-Ind., said Johnson expressing support could strengthen the push.

‘There’s a lot of respect for Speaker Johnson, especially as a constitutional lawyer — he’s someone that a lot of people have a lot of confidence in,’ Stutzman told Fox News Digital. ‘The fact that he’s willing to step out there as a Speaker of the House, it says a lot.’

Rep. Lance Gooden, R-Texas, a member of the House Judiciary Committee, told Fox News Digital, ‘I think there’s more of an appetite and less of a hesitation than there was earlier in the Congress. We had an agenda. We didn’t want to be distracted with potential impeachment, but I think now, as we’re realizing things are not getting better, the people around the nation are expecting us to hold this judge and others like him accountable.’

But not all Republicans were as enthusiastic.

House Freedom Caucus Chairman Andy Harris, R-Md., who was supportive of the GOP’s judicial impeachment fervor last year, told Fox News Digital Thursday that he was not sure it could survive the committee process needed before a House-wide vote.

House GOP Conference Vice Chair Blake Moore, R-Utah, said ‘everybody has to be willing to consider impeachment’ as a power of Congress but said he did not know the details of the specific initiatives.

‘I will reinforce how much I like Issa’s bill. It moves it away from political rhetoric into, ‘Hey, let’s do something substantive here,” Moore told Fox News Digital. ‘It’s a pretty innovative solution in a very sound way.’

Democrats and other critics of the impeachment push have called it an unwarranted persecution of a co-equal branch of government, but supporters say it’s well within Congress’ right to use the impeachment process when they believe abuses have taken place.

This post appeared first on FOX NEWS

As President Donald Trump aims to build a ballroom at the White House, federal Judge Richard Leon on Thursday reportedly asked Justice Department lawyers to point to what authority allows the president to engage in a construction project at the White House.

‘Where do you see the authority for the president to tear down the East Wing and build something in its place?’ the judge asked, according to The Washington Post. 

While the outlet reported that Leon said he could issue a decision next month, NBC News reported that the judge promised that he would issue a decision in February.

Attorney Thad Heuer, who represents the National Trust for Historic Preservation, contended that the president lacks the constitutional power to rip down the East Wing and build a ballroom, according to NBC News, which quoted Heuer as saying, ‘He’s not the owner.’

The outlet reported that the judge seemed to be leaning in the direction of pausing the project.

Fox News Digital reached out to the White House on Friday.

‘The president didn’t want $400 million in taxpayer money to be used for this,’ Justice Department attorney Yaakov Roth said, according to NBC News. 

‘He wanted to use donations,’ Roth noted.

The project began last year at the behest of Trump, but he has asserted that it is being funded by private donations, not taxpayer dollars.

‘I am honored to be the first President to finally get this much-needed project underway — with zero cost to the American Taxpayer!’ Trump declared in an October Truth Social post. ‘The White House Ballroom is being privately funded by many generous Patriots, Great American Companies, and, yours truly. This Ballroom will be happily used for Generations to come!’ 

This post appeared first on FOX NEWS

The Republican National Committee (RNC) is taking a big step toward holding its first-ever midterm convention.

The RNC on Friday approved a change to the party’s rules that would allow Chair Joe Gruters to convene a convention during a midterm election year.

National political conventions, where party delegates from around the country formally nominate their party’s presidential candidates, normally take place during presidential election years.

But with Republicans aiming to protect their narrow control of the Senate and their razor-thin House majority in this year’s elections, President Donald Trump announced in September that the GOP would hold a convention ahead of the midterms ‘in order to show the great things we have done’ since recapturing the White House.

As first reported by Fox News Digital, the rule change was adopted Thursday evening by the RNC’s Rules Committee during the party’s winter meeting in Santa Barbara, California.

The full RNC membership, meeting Friday during the confab’s general session, approved the rule change in a unanimous vote.

A memo obtained by Fox News Digital highlighted ‘the possibility of an America First midterm convention-style gathering aligned with President Trump’s vision for energizing the party this fall.’

And speaking with reporters on Friday, Gruters called the convention a ‘Trump-a-palooza’ where ‘we can really highlight all the incredible things that this president has done.’

But the president’s approval ratings remain well underwater, with many Americans giving him a big thumbs down on the job he’s doing with the economy and the issue of affordability.

‘Trump has historically low approval ratings because he has put America last, sold out working families to hand out favors to billionaires, and made life unaffordable,’ Democratic National Committee (DNC) Chair Ken Martin told Fox News Digital in a statement.

The party in power, in this case the Republicans, normally faces stiff political headwinds in the midterms. And the hope among Trump and top Republicans is that a midterm convention would give the GOP a high-profile platform to showcase the president’s record and their congressional candidates running in the midterms.

Gruters, in a statement to Fox News Digital, touted that the RNC’s winter meeting ‘shows how completely united Republicans are behind President Trump and our efforts to win the midterms. The RNC has been aggressively focused on expanding our war chest, turning out voters and protecting the ballot in this fall’s elections. We’re building the operation needed to protect our majorities and give President Trump a full four-year term with a Republican Congress.’

Details on the date and location of the midterm convention will come at a later date and will likely be announced by the president.

But a Republican source told Fox News Digital it’s probable the convention would be held at the same time as the RNC’s summer meeting, which typically occurs in August.

The DNC may also hold a midterm convention. Sources confirmed to Fox News Digital last summer that Martin and other party leaders were quietly pushing the idea of a convention ahead of the midterms.

Democrats held a handful of midterm conventions in the 1970s and 1980s.

This post appeared first on FOX NEWS

Chaos engulfing northeastern Syria has sparked fresh security fears after Syria’s new governing authorities moved against U.S.-backed Kurdish forces, forcing the U.S. military to rush ISIS detainees out of Syria and into Iraq.

The U.S. military launched an operation Wednesday to relocate ISIS detainees amid fears that instability could trigger mass prison breaks. So far, about 150 detainees have been transferred from a detention center in Hasakah, Syria, with plans to move up to 7,000 of the roughly 9,000 to 10,000 ISIS detainees held in Syria, U.S. officials said.

The operation comes as Syria’s new government, led by President Ahmed al-Sharaa, ordered the Kurdish-led Syrian Democratic Forces (SDF) — Washington’s longtime partner in the fight against ISIS — to disband following a rapid offensive over the weekend that severely weakened the group.

Syrian government forces have since assumed control of several detention facilities previously guarded by the SDF. At least 120 ISIS detainees escaped during a breakout at the al-Shaddadi prison in Hasakah this week, according to Syrian authorities, who say many have been recaptured. U.S. and regional officials caution that some escapees remain at large.

The deteriorating security situation also has raised alarms around al-Hol camp, a sprawling detention site housing the families of ISIS fighters and long viewed by Western officials as a breeding ground for radicalization.

Kurdish forces announced they would withdraw from overseeing the camp, citing what they described as international indifference to the ISIS threat.

‘Due to the international community’s indifference towards the ISIS issue and its failure to assume its responsibilities in addressing this serious matter, our forces were compelled to withdraw from al-Hol camp and redeploy,’ the SDF said in a statement.

The camp is currently home to about 24,000 people, mostly women and children linked to ISIS fighters from across the Middle East and Europe. Many residents have no formal charges, according to aid groups, and humanitarian organizations have long warned that extremist networks operate inside the camp.

The SDF said guards were redeployed to confront the threat posed by Syrian government forces advancing into Kurdish-held territory. On Tuesday evening, Kurdish forces and Syrian government troops agreed to a four-day ceasefire, though officials warned the truce remains fragile.

Meanwhile, The Wall Street Journal reported that U.S. officials are weighing whether to withdraw the roughly 1,000 American troops still stationed in Syria, raising questions about Washington’s long-term ability to secure ISIS detainees as local alliances shift.

Two U.S. Army soldiers were killed in Syria in December 2025 by a lone ISIS gunman.

ISIS lost its last territorial stronghold in Syria in 2019, when U.S. forces and their SDF partners overran the group’s enclave in Baghouz. While the defeat ended the group’s self-declared caliphate, U.S. and allied officials say ISIS has since regrouped as a decentralized insurgency, repeatedly targeting prisons and detention camps in Syria and Iraq.

Western governments have cautiously backed al-Sharaa — a former militant once designated as a terrorist — since his forces overthrew longtime Syrian leader Bashar al-Assad, framing the support as a pragmatic security calculation rather than an endorsement of his past.

U.S. envoy to Syria Tom Barrack urged Kurdish leaders to reach a permanent deal with the new Syrian government, emphasizing Washington’s focus on preventing an ISIS resurgence rather than maintaining an indefinite military presence.

‘The United States has no interest in a long-term military presence,’ Barrack said, adding that U.S. priorities include securing ISIS detention facilities and facilitating talks between the SDF and the Syrian government.

This post appeared first on FOX NEWS

Iran’s top prosecutor Thursday denied President Donald Trump’s claim that Tehran, Iran, halted mass executions of imprisoned protesters under U.S. pressure — a rebuttal that comes as Trump openly warned Iran it would face consequences more severe than recent U.S. strikes on its nuclear facilities if the executions went forward.

Trump has said he pulled back from threats to intervene militarily after Iran agreed to stop the execution of as many as 800 detained demonstrators following days of anti-regime unrest.

‘This claim is completely false, no such number exists, nor has the judiciary made any such decision,’ Mohammad Movahedi was quoted by Iranian state media as saying Friday. 

‘We have a separation of powers, the responsibilities of each institution are clearly defined, and we do not, under any circumstances, take instructions from foreign powers,’ he added.

Movahedi is an Iranian cleric and judge who serves as the nation’s prosecutor general. He previously warned that those taking part in the protests were ‘enemies of God,’ a crime punishable by death. 

Iran’s mission to the United Nations declined to comment on the discrepancy between Trump and Movahedi’s claims. For News Digital also reached out to the State Department for more details and has not yet received a response. 

A White House official said Trump ‘is watching the situation in Iran very seriously and all options are on the table if the regime executes protesters.’ 

The official declined to say where Trump had learned executions were being halted but added: ‘As a result of President Trump’s warnings, Iranian protesters who were scheduled to be sentenced to death were not. As President Trump stated, he thinks this is good news and hopes this trend continues.’

The denial reopens questions raised in the past week, when Trump publicly warned Iran and encouraged protesters by saying ‘help is on its way,’ setting expectations of U.S. action as security forces carried out a violent crackdown. U.S. and regional security officials said at the time that restraint reflected concern over retaliation against U.S. forces and allies — not a retreat from confrontation.

Trump has since argued that pressure worked, saying Iran backed away from planned executions after he warned of severe consequences. Iran’s rejection of that claim now sharpens the stakes, raising the prospect that Washington may soon face a test of whether it is prepared to act if executions resume — or risk its warnings being dismissed.

Trump on Thursday told reporters that a U.S. ‘armada’ was heading toward Iran, signaling that Washington is prepared to escalate if the country continues executions or intensifies its crackdown.

Recalling a conversation with Iranian envoys, Trump said: ‘I said, if you hang those people, you’re going to be hit harder than you’ve ever been hit.’

‘It will make what we did to Iran nuclear look like peanuts,’ he said. ‘And an hour before this horrible thing was going to take place, they canceled. And they actually said they canceled and they didn’t postpone it they canceled it. So that was a good sign.’ 

‘We have an armada heading in that direction. And maybe we won’t have to use it,’ Trump said. ‘We’ll see,’ 

The president said the U.S. has ‘a big force going to Iran,’ adding, ‘I’d rather not see anything happen,’ but warning that ‘we have a lot of ships going that direction just in case.’

The Abraham Lincoln carrier strike group set sail from the South China Sea toward the Middle East in the past week and is expected to arrive in the region soon, placing significant U.S. firepower within striking distance of Iran amid rising tensions. The Lincoln carries F-35C stealth fighters, F/A-18 Super Hornets and destroyer escorts armed with Tomahawk cruise missiles and advanced air-defense systems.

The deployment has renewed questions over whether the United States is prepared to intervene militarily if Iran resumes executions or continues its crackdown on protesters, which already has left thousands dead.

Iranian state television has acknowledged that more than 3,000 people have been killed during the unrest, while activists and human rights groups say the true death toll is significantly higher — a discrepancy that underscores the regime’s tight control over information as international scrutiny intensifies.

By publicly tying U.S. military action to the fate of detained protesters, Trump has drawn a clear red line. Iran’s refusal to acknowledge U.S. pressure, even as American naval forces move closer, leaves little room for ambiguity — and raises the risk of escalation as both sides test each other’s resolve.

This post appeared first on FOX NEWS

2026: Opportunities and Objectives 

  • Infill drilling to define higher-grade zones and improve/derisk the mineral resource
  • Additional metallurgical testing to target >90% recovery and assess cost efficiency
  • Expand on the newly discovered Tamarack Zone and adjacent higher-grade Cleary Hil resultsl
  • Updated Mineral Resource Estimate

Objective: continue to demonstrate that Golden Summit is a highly attractive, extremely rare, generational project with phased development potential.

Freegold Ventures Limited (‘Freegold’ or ‘the Company’) (TSX: FVL,OTC:FGOVF) (OTCQX: FGOVF) is pleased to provide an update on its 2026 plans for Golden Summit and a review of its 2025 activities.

In July 2025, Freegold published its updated mineral resource estimate for Golden Summit, which showed a significant increase in ounces, making it one of the largest undeveloped gold resources in North America.

  • Indicated Primary Mineral Resource: 17.2 Moz at 1.24 g/t Au, a 42% increase in ounces and 15% grade increase from the September 2024 resource estimate.
  • Inferred Primary Mineral Resource: 11.9 Moz at 1.04 g/t Au, an 11 % increase in ounces, at the same grade.
  • Cut-off grades remained unchanged at 0.50 g/t Au. (PR July 24, 2025)

In 2025, Freegold completed over 39,000 metres of drilling. The ongoing infill drill program is continuing to improve the resource block model, and results are aligning well with current geological interpretations, strengthening confidence in the resource model.

In January 2026, Freegold successfully completed a $50 million equity raise, with participation from over 20 institutions and the continued support of Eric Sprott.

With a strong treasury, Freegold is well-positioned to advance the Golden Summit project in 2026 and will focus on several key initiatives:

  • Infill drilling to define higher-grade corridors and further derisk the mineral resource.
  • Expanded metallurgical testing to optimize gold recovery and enhance project economics.
  • Evaluation of multiple development strategies, including staged development, to maximize project viability and minimize initial capital expenditures.
  • Completion of a Pre-Feasibility Study (PFS) by Early 2027

Upcoming Drilling Program & New Tamarack Discovery
Freegold continues to achieve exploration success in defining new zones of gold mineralization.  The rapid increase in the gold price by over $2,000 since the July 2025 resource update was completed is further benefiting Golden Summit’s very large lower-grade halo in the 0.3-0.5 gpT range, offering our investors considerable optionality. Given the substantial size of the existing resource at Golden Summit, current drilling efforts are focused on areas with the highest potential to serve as an initial starter pit. By systematically identifying higher-grade corridors, focusing on reducing the strip ratio, and determining the optimal cut-off grade, Freegold is continuing to ensure the project’s value is maximized. These efforts are designed to deliver a robust, de-risked mineral resource estimate that will serve as a solid foundation for the upcoming Pre-Feasibility Study (PFS).

Drilling will resume in February with a 50,000-metre program targeting the central Dolphin/Cleary/WOW Zones and the newly discovered Tamarack Zone. The Tamarack Zone extends the deposit’s footprint to the east and, likely, to the southeast, and represents a significant opportunity to materially increase the overall project resource.  The Cleary Hill Zone, located 400m west of Tamarack, is continuing to demonstrate potential for wider mineralized zones at depth and had some excellent drill intersections in 2025, including one reported on January 15th. Additional drilling in 2026 will target the untested gap, which is considered to have substantial infill potential.

Metallurgical Studies
Freegold is excited about the advanced metallurgical testwork underway, which will help identify the optimal, lowest-risk treatment methods. Metallurgy has been an area of uncertainty for investors. Our 2025 test work provided several important results: recoveries over 90% were achieved with four oxidation processes: BIOX®, POX, and the Albion Process and the GlassLock Process treating a flotation concentrate of approximately 4% mass. The flotation tailings were found to be non-acid-generating, as the material had an AP (acid potential) below the detection limit, as determined by standard ABA (Acid-Base Accounting) procedures. 

A simple, low-cost gravity step recovered 40-50% of the gold, bolstering recovery in all the flowsheets tested.  Recent results from the GlassLock Process demonstrate an enhanced gold grade in concentrate, with no measurable gold losses during processing, resulting in the production of a saleable, direct-to-smelter concentrate that avoids the use of cyanide while significantly reducing arsenic content. The concentrate would be highly attractive to numerous end users.(Source: PR, December 16th, 2025). Ongoing trade-off studies will determine whether the additional processing and capital investment required for further treatment are warranted, or whether a simpler gravity- and CIL-based flowsheet is more cost-effective despite lower recovery rates.

The expanded metallurgical program, initiated in the second quarter of 2025, sourced materials from various areas and depths to ensure a comprehensive assessment of the deposit’s characteristics. A pilot plant processed over 1.5 tonnes of composite material from expanded drill core sampling, resulting in the production of gravity and cleaner flotation concentrates. These concentrates will support ongoing test work throughout 2026 and facilitate subsequent detailed engineering studies. Furthermore, several additional metallurgical test holes with larger-diameter PQ drilling are planned to augment the current work.

A Unique Scenario – Golden Summit’s Capacity to be its own District.
There is a geological consistency between Golden Summit’s large and growing resource and its history. Since the Alaskan gold rush, over 6.75 million ounces of placer gold have been recovered from streams draining the project area, and a further 500,000 ounces of lode gold have been produced.  The current mineral resource lies within the western portion of the 13-kilometre x 6km property and, within a comparatively small 2 km by 1.5 km footprint. Significant exploration upside remains both immediately east and west of the defined resource, offering outstanding opportunities for further discoveries and resource growth. The discovery of the Tamarack Zone, announced earlier this month, was yet another reminder of this potential.

Further to the east, geochemical and geophysical surveys have identified several target areas, including significant gold-in-soil anomalies, key indicators of mineralization, and closely linked to historically productive regions. Our greatly enhanced understanding of the mineralization controls has allowed Freegold to maintain an enviably low finding cost under $5/oz. These anomalies present excellent opportunities for future discoveries – not only those that will add ounces, but also those that could boost early project economics. One drill rig will be dedicated to this eastern area over the summer, further supporting efforts to enhance shareholder and project value.

Path to Pre-Feasibility Early 2027
With drilling planned to resume in February 2026, the year is expected to be another highly active one, with the continuation of infill/condemnation and exploration drilling in conjunction with ongoing environmental baseline work to provide a strong foundation for future permitting.

Freegold has maintained a consistent commitment to environmental responsibility by conducting baseline studies over the past several years, focusing on groundwater and wetlands delineation, and by ongoing reclamation of drill pads and project roads post-use to minimize environmental impact.  

In 2025, Freegold broadened its scope to include field assessments of cultural resources, archaeology, and paleontology, further demonstrating its commitment to responsible project development. As part of its 2025 environmental initiatives, Freegold installed vibrating wire piezometers (VWP’s) to enable ongoing groundwater monitoring, which is vital for future dewatering strategies. Additionally, mammal habitat assessments were initiated during the winter, with plans to expand them in upcoming seasons to promote a comprehensive wildlife management approach. Efforts are also underway to electrify the Golden Summit camp as part of Freegold’s strategy to reduce diesel consumption, with completion anticipated in early spring. As part of its pre-feasibility study (PFS), Freegold has engaged a power consultant to evaluate the local power infrastructure and investigate alternative energy sources to enhance long-term sustainability.

As Golden Summit continues to evolve, its exceptional optionality becomes more evident: its location, resource size, and, with the success of the ongoing metallurgical test work, the potential for multiple development paths, which will be evaluated to ensure the most optimal outcome for the pre-feasibility study (PFS).

2025 Drill Results
Drilling was completed in mid-December, with 63 holes drilled. Analytical work, including cutting and sampling of the remaining drill holes, is ongoing and will provide news flow in the early months of 2026 while our 2026 drill program ramps up. Further results will be reported once they have been received and validated.

Upcoming Conference Attendance: January – March 2026
AMEBC Round Up, Vancouver, BC, January 26th – 29th, 2025 (Booth 127 January 26th – 27th, 2026)

BMO 35th Global Metals, Mining & Critical Minerals Conference, Hollywood Florida February 22nd, -26th, 2026

Prospectors and Developers. (PDAC), Toronto, OntarioMarch 1st – 4th, 2026 – Booth 2621 (Main Exhibit Hall)

About Golden Summit
Since 2020, the Golden Summit Project has become one of North America’s largest undeveloped gold resources. The substantial increase in resource ounces and grade is attributed to targeted drilling campaigns between 2020 and 2024 (totalling over 130,000 metres), ongoing improvements to geological models, and enhanced understanding of mineralisation controls. Positive metallurgical test results have also propelled the project forward. Continued drilling has delineated higher-grade zones and converted previously considered waste areas into potentially economically viable mineralised zones.

Recovery rates exceeding 90% have been achieved using sulphide-oxidising techniques such as BIOX®, POX, and the Albion Process. Recent testwork also included the GlassLock Process, which demonstrated that the gold grade of the concentrate can be increased without measurable gold loss, producing a direct-to-smelter saleable concentrate with significantly reduced arsenic content.

As of July 2025, the Golden Summit resource includes an Indicated Primary Mineral Resource of 17.2 million ounces at 1.24 g/t Au and an Inferred Primary Mineral Resource of 11.9 million ounces at 1.04 g/t Au, calculated using a 0.5 g/t cut-off grade and a gold price of $2,490. Cutting, sampling, and analytical work are ongoing, with drilling expected to resume in February. Results from the 2025/2026 drilling campaign will provide the basis for an updated mineral resource estimate, which will support the upcoming Pre-Feasibility Study (PFS).

Qualified Person Statement
The Qualified Person for this release is Alvin Jackson, P.Geo., Vice President of Exploration and Development for Freegold, who has approved the scientific and technical disclosure in this news release.

About Freegold Ventures Limited
Freegold is a TSX-listed company focused on exploration in Alaska.

Cautionary Statement Regarding Forward-Looking Information
This press release contains statements that constitute ‘forward-looking information’ (collectively, ‘forward-looking statements‘) within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this press release. Any statement that discusses predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as ‘expects’, or ‘does not expect’, ‘is expected’, ‘anticipates’ or ‘does not anticipate’, ‘plans’, ‘budget’, ‘scheduled’, ‘forecasts’, ‘estimates’, ‘believes’ or ‘intends’ or variations of such words and phrases or stating that certain actions, events or results ‘may’ or ‘could’, ‘would’, ‘might’ or ‘will’ be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. Forward-looking statements contained in this press release, include, without limitation, statements regarding advancing the Golden Summit Project and other exploration plans and results of any drill programs, statements regarding the timing for and expected completion of a pre-feasibility study, the results of any environmental initiatives or metallurgical testing and any development, or drilling. In making the forward-looking statements contained in this press release, the Company has made certain assumptions. Although the Company believes that the expectations reflected in forward-looking statements are reasonable, it can give no assurance that the expectations of any forward-looking statements will prove to be correct. Known and unknown risks, uncertainties, and other factors may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: availability of financing; delay or failure to receive required permits or regulatory approvals; and general business, economic, competitive, political and social uncertainties. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this press release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements or otherwise. See Freegold’s Annual Information Form for the year ended December 31, 2024, filed under Freegold’s profile at www.sedarplus.com, for a detailed discussion of the risk factors associated with Freegold’s operations.

SOURCE Freegold Ventures Limited

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/January2026/23/c5061.html

News Provided by Canada Newswire via QuoteMedia

This post appeared first on investingnews.com

Freeport-McMoRan (NYSE:FCX) is preparing to bring one of the world’s most important copper assets back online, laying out plans for a phased restart of the Grasberg mine in Indonesia following a deadly mud rush that halted operations late last year.

The Arizona-based miner said remediation and preparation work at the Grasberg minerals district remains on schedule after the September 8, 2025 incident, when an estimated 800,000 metric tons of wet material entered the block cave and killed seven workers.

According to the company, its Indonesian subsidiary, PT Freeport Indonesia (PTFI), expects to begin restarting Production Blocks 2 and 3 of the Grasberg Block Cave in the second quarter of 2026, with a gradual ramp-up thereafter. A potential restart of Production Block 1 is targeted for 2027.

Based on current estimates, PTFI expects roughly 85 percent of total production at normal operating rates to be restored in the second half of 2026.

Work required to resume mining, including mud removal from underground workings, repairs to key infrastructure and the installation of protective barriers, is progressing as planned, Freeport said. Investigations into the cause of the incident and remedial measures were completed during the fourth quarter of 2025.

Operations at other parts of the Grasberg complex have already resumed. In late October 2025, PTFI restarted production at the Deep Mill Level Zone (DMLZ) and Big Gossan underground mines, which were not affected by the mud rush.

Those restarts provided some relief to output but did not offset the loss of production from the Grasberg Block Cave, the district’s primary ore source.

“As we enter 2026, our team has a clear focus on restoring operations at Grasberg safely and sustainably, and on continuing to build values in the Americas through our innovative growth and efficiency initiatives,” Freeport president and chief executive officer Kathleen Quirk said in the company’s recent quarterly statement.

While the Grasberg restart remains the central operational focus, Freeport’s latest quarterly results showed the company’s financial resilience during the disruption.

In the fourth quarter of 2025, Freeport reported net income attributable to common stock of US$406 million, or US$0.28 per share. Adjusted net income totaled US$688 million, or US$0.47 per share, beating quarterly profit estimates.

Going into 2026, Freeport expects consolidated sales of about 3.4 billion pounds of copper, 0.8 million ounces of gold and 90 million pounds of molybdenum, with those projections assuming a phased restart of the Grasberg Block Cave beginning in the second quarter.

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

This post appeared first on investingnews.com

US President Donald Trump’s claim that Washington has reached a “framework of a future deal” over Greenland has raised more questions than answers, particularly over whether access to the Arctic territory’s vast natural resources and critical minerals is part of the discussions.

Trump’s recent announcement on his Truth Social platform after meetings at the World Economic Forum in Davos appeared to mark a de-escalation after weeks of mounting pressure on Denmark and Greenland.

Those tensions had included threats of tariffs and repeated suggestions that the United States might use force to secure control of the semi-autonomous Danish territory. Instead, Trump said the framework emerged from a “very productive meeting” with NATO Secretary General Mark Rutte and suggested talks would continue.

“This solution, if consummated, will be a great one for the United States of America, and all NATO Nations,” Trump wrote, offering no details on what the framework contains.

A mysterious and vague framework

What has followed has been a series of clarifications about what the deal does not include.

Danish Prime Minister Mette Frederiksen said Denmark is open to negotiations on security and cooperation but stressed that “we cannot negotiate on our sovereignty.”

Greenland’s Prime Minister Jens-Frederik Nielsen echoed that position, calling sovereignty a ‘red line’ and saying he was unaware of the substance of any framework being discussed.

NATO officials have likewise emphasized that the alliance has no mandate to negotiate territorial arrangements and that any talks would have to involve Denmark, Greenland, and the US directly.

Despite the lack of specifics, Trump’s comments have revived debate over why Greenland matters so much to Washington. Security considerations have dominated official statements, yet Greenland’s natural resources remain a central but unresolved part of the picture.

A resource-centric agenda

Despite the lack of specifics, Trump’s comments have revived debate over why Greenland matters so much to Washington. Security considerations have dominated official statements, yet Greenland’s natural resources remain a central but unresolved part of the picture.

Greenland is believed to sit on top of large reserves of oil and natural gas, though commercial extraction has yet to take off. The island is thought to host substantial deposits of minerals considered critical for modern economies and military technologies.

According to the 2023 Geological Survey of Denmark and Greenland, 25 of the 34 minerals classified as “critical raw materials” by the European Commission are found in Greenland, including graphite, niobium and titanium. These materials are essential for electronics, Trump himself has frequently linked Greenland to minerals and security in the same breath, arguing that US control would put the country in “a really good position, especially as it pertains to security and to minerals.”

At times, however, Trump has appeared to downplay the economic case, instead emphasizing geopolitical threats.

“I want Greenland for security – I don’t want it for anything else,” he told reporters at Davos. “You have to go 25ft down through ice to get it. It’s not, it’s not something that a lot of people are going to do or want to do.”

Even so, access to Greenland’s resources has loomed large in the background of the administration’s agenda. Trump has made countering China’s dominance in rare earths and strategic minerals a core economic and national security priority, placing supply chains at the center of US geopolitical strategy.

The US has been moving in that direction for years. In 2020, during Trump’s first term, Washington reopened its consulate in Nuuk, Greenland’s capital, as part of a broader effort to deepen ties amid expanding Russian and Chinese activity in the Arctic.

Since Trump returned to office, his allies have increasingly framed Greenland as a commercial opportunity as well as a strategic one, citing climate change-driven shifts that are opening new shipping routes and access to fisheries, energy, and mineral resources.

Shades of an existing agreement

For now, none of those ambitions have been reflected in concrete terms tied to Trump’s announced framework. NATO said only that future negotiations would aim to ensure Russia and China “never gain a foothold — economically or militarily — in Greenland.”

While that language could encompass mining and investment restrictions, it stops short of any commitment on mineral access or ownership.

According to a New York Times report, officials familiar with parallel discussions said one idea floated informally involved granting the US sovereignty or near-sovereign control over small areas of Greenland for military bases, modeled on Britain’s sovereign base areas in Cyprus.

Such an arrangement would address defense concerns but would do little to resolve questions about mineral rights, which are governed by Greenlandic law and subject to strong local political sensitivities.”

Trump’s shifting tone has also prompted scrutiny in Washington. When asked whether the framework met his earlier demand to “own” Greenland, Trump avoided the question, calling the arrangement “a long-term deal” that was “infinite” and “forever.”

Critics have noted that similar language already applies to the 1951 US-Denmark defense agreement, which allows an open-ended American military presence at what is now Pituffik Space Base.

Updated in 2004, the same agreement gives the US wide authority within its defense areas, including control over personnel, equipment, and movement. Some analysts argue that most of what Trump appears to be seeking could be achieved by revising or expanding that framework rather than pursuing ownership or sovereignty.

Whether the new framework goes further remains unclear. US, Danish, and Greenlandic officials are expected to continue talks in the coming weeks, and a working group could meet as early as next week to flesh out details.

Until then, the absence of explicit language on critical minerals stands out, given how often they have been invoked as a justification for Trump’s aggressive rhetoric.

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

This post appeared first on investingnews.com

The silver price hit a new all-time high on Friday (January 23), rising as high as US$100.87 per ounce.

The white metal’s most recent rise continues a breakout that began earlier this month on a mixed bag of economic uncertainty, rising geopolitical tensions in Venezuela and Iran and underlying industrial demand strength.

Adding fuel to the fire this week are US President Donald Trump’s comments about Greenland.

On January 17, Trump said on his social media platform Truth Social he would place tariffs on Denmark and seven other European countries until a deal was reached for the US to purchase Greenland.

The statement raised hackles in Europe, and Trump ultimately removed the tariff threat, saying the US will not use force to take control of Greenland. However, the president also said he’s reached a deal framework with NATO regarding Greenland’s future; details about the deal have not been released at this time.

Tensions between Trump and US Federal Reserve are also providing support for silver, which like gold acts as a safe haven in times of turmoil. On January 9, the US Department of Justice served the Fed with grand jury subpoenas, threatening a criminal indictment over Chair Jerome Powell’s testimony to the Senate Banking Committee this past June.

Trump denied knowledge of the investigation, but the move has still reignited concerns about Fed independence, with Powell linking it to the Fed’s refusal to lower interest rates as quickly as Trump would like.

Powell’s term as Fed chair ends in May, but two years still remain on his term as a governor of the board.

Target rate probabilities for January Fed meeting.

Chart via CME Group.

The Fed’s next rate announcement is set for January 28, and CME Group’s (NASDAQ:CME) FedWatch tool shows strong expectations for a hold. That’s despite core consumer price index (CPI) data showing that inflation rose by a lower-than-expected 0.2 percent for December. On an annual basis, core CPI was up 2.6 percent.

Trump has frequently criticized Powell for not lowering rates quickly enough, and Powell’s replacement, who has not yet been announced, is widely expected to be more in line with Trump’s views.

“We see increased interference with the Fed as a key bullish wildcard for the precious metals in 2026,” Carsten Menke, head of next-generation research at Julius Baer Group, told Bloomberg. He noted that because silver is a smaller market than gold, it typically reacts “more strongly to such concerns.”

Silver price chart, January 15 to 23, 2026.

Silver and its sister metal gold tend to fare better when rates are lower, meaning rate cut expectations coupled with the investigation of Powell and the Fed have helped to stoke prices for the precious metals.

While silver is known for lagging behind gold before outperforming, it’s now ahead in terms of percentage gains — silver is up about 220 percent year-on-year, while gold has risen around 78 percent.

The yellow metal also hit a new all-time high on Friday, peaking at US$4,987.28 per ounce.

In addition to rate-related factors, silver’s breakout this year has been driven by various other elements.

As a precious metal, it’s influenced by many of the same factors as gold, but its October price jump, which took it past the US$50 level, was also driven by a lack of liquidity in the London market.

While that issue appears to have resolved, silver remains in a multi-year supply deficit. Tariff concerns and silver’s new status as a critical mineral in the US have also provided support.

In addition to its appeal as a precious metal, silver’s industrial side shouldn’t be forgotten — according to the Silver Institute, the white metal’s ‘global silver industrial demand is poised to grow further as demand from vital technology sectors accelerates over the next five years. Sectors such as solar energy, automotive electric vehicles and their infrastructure, and data centers and artificial intelligence will drive industrial demand higher through 2030.’

What’s next for the silver price?

The US$100 milestone is a major psychological level for silver, making it tricky to predict what’s next.

Steve Penny, founder of SilverChartist.com, said he’s studying the 1970s precious metals bull market to understand what could be next for silver — specifically, he sees either a 1974 moment or a 1979 moment ahead.

Penny explained that in 1974, silver went from about US$1.20 to US$6.50 in 27 months, but after that big move it experienced a blow-off intermediate top. Silver then consolidated for five years before its major 1979 run.

‘I lean towards this being a 1974 moment, with some caveats. I think we’re headed towards an intermediate peak here. That doesn’t mean you can’t go higher — (it) might go up to US$150. Not necessarily predicting that, but it’s possible with this kind of momentum,’ he said. ‘But the difference between now and 1974 is I don’t expect a five year consolidation period. I think it will be much shorter, limited to probably a few months, maybe a few quarters.’

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

This post appeared first on investingnews.com