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U.S. President Donald Trump on Thursday met face-to-face with Chinese leader Xi Jinping in Busan, South Korea – just hours after Trump hinted online at potential shifts in U.S. defense and trade policy. 

The meeting marked the final stop of Trump’s Asia trip, which also included stops in Malaysia and Japan, and focused on cooling the economic standoff between Washington and Beijing. 

Since returning to the White House in January, Trump has levied major tariffs on Chinese imports – a move that prompted Beijing to tighten its control over exports of rare earth elements. Both leaders signaled interest in reducing tensions to avoid further shocks to the global economy. 

Ahead of Thursday’s summit, U.S. and Chinese aides signaled the discussion would center on tariffs, advanced technology exports, and supply chain competition – key sticking points that have long defined the relationship between the two powers. Trump told reporters he believed the two sides could reach common ground. 

After the talks, Trump said he and Xi had ‘an amazing meeting’ and that both sides had reached ‘an outstanding group of decisions’ on key economic and security issues. The president said Xi agreed to begin immediate purchases of U.S. soybeans and other farm goods and that China would work ‘very hard’ to block fentanyl from entering the U.S.

Trump said he would cut the tariff rate on Chinese imports from 20% to 10% in response to Xi’s promise to crack down on the flow of fentanyl.

‘I believe he’s going to work very hard to stop the death that’s coming in,’ Trump said.

The two sides also reached an understanding on rare earth exports, as China agreed to pause planned export controls for a year, Trump said. A senior administration official later clarified that both leaders agreed to revisit the agreement next year, and that the arrangement could be extended at that time.

The U.S. president also said he spoke to Xi about chip technology. He said China would be in discussions with Nvidia about additional semiconductor purchases but that the company’s newest generation of advanced processors were not part of the conversation.

The president described the outcome of the deal as a one-year framework agreement aimed at being renewed annually.

‘We have a deal,’ Trump said. ‘Every year we’ll renegotiate the deal, but I think it’ll go on for a long time.’

Trump also said the administration announced plans for reciprocal visits, with the U.S. president traveling to China in April and Xi visiting the U.S. later this year.

The meeting, which lasted roughly an hour and forty minutes, concluded with a brief photo opportunity before the two leaders went their separate ways. Afterward, neither side released details about what was discussed. Trump departed Busan without taking questions, waving to the press pool as he climbed the steps to Air Force One. 

As cameras clicked, Trump leaned toward Xi and appeared to speak quietly before shaking hands and boarding the plane. 

Trump and Xi spoke briefly to the press before heading into a closed-door session for less than two hours with senior aides.

‘It’s an honor to be with a friend of mine,’ Trump said of Xi, adding that while some issues remain unresolved, ‘I think we’ve already agreed to a lot of things.’

Xi said in his opening remarks that ‘it feels very warm seeing you again because it’s been many years.’ 

The Chinese leader acknowledged that occasional friction between major powers is natural, adding that the U.S. and China ‘can still find ways to thrive side by side.’ 

Earlier aboard Air Force One en route to South Korea, Trump suggested he may reduce tariffs imposed on China due to Beijing’s cooperation in curbing fentanyl exports.

‘I expect to be lowering that because I believe that they’re going to help us with the fentanyl situation,’ Trump said, adding, ‘The relationship with China is very good.’

The Associated Press contributed to this report.

This post appeared first on FOX NEWS

Investor Insight

Apex Resources Inc. is a North American minerals explorer, advancing high-value critical mineral tungsten and lithium projects in Canada and the United States. With drilling underway at its Jersey-Emerald property in British Columbia and drill permitting in progress for its Lithium Creek brine project in Nevada, Apex offers investors exposure to multiple catalysts within the clean-energy and critical-minerals sectors.

Overview

Apex Resources Inc. (TSXV:APX,OTC:SLMLF) is a Vancouver-based mineral exploration company advancing a balanced portfolio of North American assets combining near-term tungsten-gold opportunities in British Columbia, Canada, with district-scale lithium potential in Nevada, USA.

The company’s flagship Lithium Creek project in Churchill County, Nevada, is a newly defined lithium-brine discovery opportunity. Recent geophysical and gravity surveys confirmed extensive low-resistivity zones and complex basin geometries – typical signatures of major lithium-bearing brine systems – yielding multiple shallow and deep drill targets. Located just 70 km east of Reno and 30 minutes from Tesla’s Gigafactory, Lithium Creek benefits from exceptional infrastructure within the US battery-manufacturing corridor.

While Lithium Creek remains Apex’s flagship, the company’s current exploration emphasis is in southeastern British Columbia in Canada, where it controls the historic Jersey-Emerald and Ore Hill mines. These holdings form a district-scale polymetallic system making Apex one of the most diversified explorers in Canada’s critical minerals space.

Drilling at the Jersey-Emerald project

The company’s near-term news flow will be driven by drilling at Jersey-Emerald through 2025 while it advances US permits for Lithium Creek.

Company Highlights

  • Critical-minerals focus: Apex’s portfolio is anchored by lithium, tungsten and zinc, all designated as critical by Canada and the US.
  • Precious-Metals (Gold&Silver) are important by-products at Jersey-Emerald
  • Diversified exploration pipeline: Active drill program at Jersey-Emerald (tungsten-gold-zinc) while preparing to drill Lithium Creek in Nevada.
  • Large-scale opportunity: Apex controls contiguous and nearby claim blocks around Salmo, BC, including Jersey-Emerald and Ore Hill, forming a multi-deposit critical- and precious-metal exploration district spanning more than 17,500 hectares with several historic mines, hosting Tungsten, Zinc, Lead, Silver, Gallium, Germanium, Indium, Bismuth, Tellurium and Molybdenum.
  • Strong early results in USA: Lithium Creek brine samples up to 393 mg/L lithium, with geophysics outlining multiple deep-basin anomalies.
  • Historic infrastructure advantage in Canada: More than $100 million in existing underground workings at Jersey-Emerald; year-round road, rail and power access to both BC projects.
  • Tier-1 jurisdictions: Stable, mining-friendly locations in British Columbia and Nevada with clear permitting frameworks.
  • Experienced leadership: Proven technical and capital-markets expertise led by CEO Ron Lang and a board made up of seasoned exploration and mining professionals.

Key Projects

Lithium Creek Project

The Lithium Creek project is a newly identified lithium-brine discovery opportunity in Nevada’s Fernley-Carson Sink basin complex. Covering over 8,200 acres, the project lies 70 km east of Reno and 30 minutes from the Tesla Gigafactory within the heart of America’s lithium-battery corridor.

Lithium Creek prospect area

Project Highlights

  • District-scale scope: ~8,240 acres of claims across the Fernley and Carson Sinks, a structurally closed basin system with strong lithium-brine potential.
  • High lithium values: Surface and shallow brine samples up to 393 mg/L lithium, far above regional cut-off grades.
  • Strong geophysics: HSAMT and gravity surveys identified multiple low-resistivity zones and deep basin geometry indicative of large brine reservoirs.
  • Green-energy focus: Designed for direct lithium extraction using local geothermal and solar power to minimize water use and carbon footprint.
  • Permitting phase: Drill-target selection and US BLM permitting underway to enable Phase 1 drilling in 2026.

Jersey-Emerald Project

The Jersey-Emerald project is Apex’s primary Canadian project and a significant past-producing mine complex hosting tungsten, zinc, lead, gold and molybdenum. Located 10 km southeast of Salmo, BC, the project includes the former Emerald tungsten and Jersey lead-zinc mines, which were historically among Canada’s largest producers of these metals. Apex is now leveraging modern exploration and geophysics to expand critical-mineral zones and identify new targets across the 17,500-hectare property.

Jersey-Emeral mine site circa 1969


Project Highlights

  • Proven past production: Over 1.6 million tons (Mt) of tungsten ore and 8 Mt of zinc-lead ore mined between 1942 and 1973.
  • Established resource base: 2021 NI 43-101 estimate of 1.47 Mt indicated and 5.13 Mt inferred grading up to 0.25 percent tungsten trioxide (WO₃) and 0.03 percent molybdenum, with associated gold values.
  • Active drilling: 2025 diamond-drill program (7 holes / 955 m) targeting critical metal expansion and high-grade gold zone (24.98 g/t gold over 10.2 m in historic hole E1411).
  • Brownfield advantage: >$100 million of historic underground infrastructure and direct access via paved highways, powerlines and rail.
  • Regional integration: Forms the core of Apex’s Salmo district portfolio with nearby Ore Hill and other contiguous claims providing district-scale potential.

Management Team

Ron Lang – CEO, President and Director

Ron Lang has a long history of working in the exploration and mining industry, following in the footsteps of his father, Frank A. Lang of Hemlo Gold Mine fame. He served as the president and CEO of Cream Minerals, overseeing exploration in Canada, Mexico and Africa. He also served as a board member to several junior exploration companies. Lang is skilled in negotiation, business planning, operations management, venture capital markets and business development.

Dennis Cojuco – CFO

Dennis Cojuco is a graduate of the University of British Columbia (BSc. Chemistry and Diploma in Accounting) and is a chartered accountant in British Columbia. Cojuco articled with PricewaterhouseCoopers and worked primarily in the firm’s mining practice where he assisted clients in public financings, mergers and acquisitions, public company reporting and various other areas. He has over 15 years experience in the mining industry working with junior and major mining companies (including Teck and NexGen Energy), and is currently the CFO and corporate secretary of Rokmaster Resources.

Adam Pankratz – Director

Adam Pankratz is a professor of Business Economics and Strategy at the University of British Columbia – Sauder School of Business, and a director of Rokmaster Resources. He brings diverse experience and expertise, including seven years in financial services management and leading a federal election campaign.

Brett Kagetsu – Director

Brett Kagetsu is a senior corporate finance and securities lawyer. With majority of his clients being Canadian-reporting issuers in the mining sector, he completed the Canadian Securities Course in 2000 and has served as an instructor for the TSXV’s Rules and Tools corporate governance workshop for over 15 years. Kagetsu holds a Bachelor of Commerce degree and a Bachelor of Laws degree from the University of British Columbia, and is a director of TSXV-listed Abasca Resources.

William Feyerabend – Senior Advisor

William Feyerabend is a certified professional geologist with extensive experience in generating, exploring and developing lithium brine projects in Nevada, California, Utah and Argentina. He has authored more than 45 technical reports for properties across six countries on four continents, including claim blocks in Nevada’s lithium development epicenter, the Clayton and Fish Lake Valleys. His expertise in lithium exploration began in 2015, with a specific focus on Esmeralda County, Nevada, especially Clayton Valley.

John Mirko – Special Advisor

John Mirko has more than 40 years experience in the mining industry, past President and Founder of Canam Alpine Ventures Ltd. (recently sold to Vizsla Resources (TSXV:VZLA), past President and Founder of Canam Mining and currently president of Rokmaster Resources Corporation. From 1986 to 2010 was the founder, president-CEO and Director of 4 public mining-exploration companies and a founder and Director of 3 others. Have been self employed in the sector since 1972 as a prospector, contractor and consultant involved in exploration, development and mine construction of various projects in 12 counties, and commercial production of mineral concentrates and metal products from 5 of the projects. In 2008 was a recipient of the ‘E. A. Scholtz Medal for Excellence in Mine Development’ from the Association for Mineral Exploration of British Columbia, and in 2009, the Mining Association of British Columbia’s ‘Mining and Sustainability Award’ for the MAX Mine. Currently a member in good standing of the Society of Economic Geologists, Inc., the Canadian Institute of Mining, Metallurgy and Petroleum, and the Prospectors and Developers Association of Canada.

This post appeared first on investingnews.com

Surface Metals Inc. (CSE: SUR,OTC:SURMF) (OTCQB: SURMF) (the ‘Company’, or ‘Surface Metals’) is pleased to announce that it has retained the services of IDR Marketing, Inc. to provide public relations strategies, brand awareness, financial and digital marketing services to the Company.

The marketing awareness services provided by IDR will be aimed at maintaining and building the profile of Surface Metals through traditional press initiatives, advertising directives and social media strategies.

IDR is a leading marketing firm and ad agency located in Long Beach, California specializing in the marketing of small and microcap companies.

Under the terms of the agreement, as the financial marketing agency of record to the Company, IDR will be paid upwards of US one hundred eighty five thousand dollars in cash for its services for a six-month term. IDR Marketing, Inc., including its principals, does not own any of the Company’s securities.

About IDR

IDR Marketing Inc. is an independent ad agency providing full-scale integrated marketing and advertising services. Clients trust IDR for brand strategy and awareness, digital marketing, social media and advertising, newswire distribution, article marketing, financial journalism, public relations and more.

IDR specializes in direct response marketing, delivering results to clients through its multichannel approach. While the Agency primarily specializes in financial services, it provides results-oriented online and traditional offline campaigns across all sectors and industries. Visit https://idrmarketing.com to learn more.

About Surface Metals Inc.

Surface Metals Inc. (CSE: SUR,OTC:SURMF) (OTCQB: SURMF) is a North American mineral exploration company focused on advancing a diversified portfolio of gold and lithium projects in Nevada, USA, and Manitoba, Canada. The Company’s Cimarron Gold Project is located in Nye County, Nevada, in a historically productive gold district. It’s Clayton Valley Lithium Brine Project hosts an inferred resource of approximately 302,900 tonnes LCE adjacent to Albemarle’s Silver Peak Mine. Surface Metals also holds additional lithium assets in Fish Lake Valley, Nevada, and through a joint venture with Snow Lake Energy in southeastern Manitoba.

On behalf of the Board of Directors

Steve Hanson
Chief Executive Officer, President, and Director
Telephone: (604) 564-9045
info@surfacemetals.com

Neither the CSE nor its regulations service providers accept responsibility for the adequacy or accuracy of this news release. This news release contains certain statements which may constitute forward-looking information within the meaning of applicable securities laws (‘forward-looking statements’). Any forward-looking statement speaks only as of the date it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/272510

News Provided by Newsfile via QuoteMedia

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Avalanche Treasury (AVAT) represents a milestone in the maturation of blockchain-based digital assets as it transitions from speculative retail tools to mainstream institutional investment vehicles.

This newly launched investment vehicle, specifically designed to buy and hold Avalanche (AVAX) tokens, gives institutional investors a compliant way to gain exposure to Avalanche’s ecosystem growth. Its creation is emblematic of the broader financial ecosystem’s ongoing convergence with decentralized finance and blockchain innovation.

“This is a public company launching as an active, strategic partner within the Avalanche network, offering a level of integration and alignment that investors have been demanding,” he said.

Navigating institutional adoption with purpose

AVAT’s upcoming US$675 million SPAC merger with Mountain Lake Acquisition (NASDAQ:MLAC) positions it as a uniquely structured treasury dedicated to the Avalanche ecosystem.

With initial assets of nearly US$460 million and plans to acquire US$200 million more in AVAX tokens, the company aims to create a US$1 billion AVAX treasury. A Nasdaq listing is planned for early 2026.

This controlled, active treasury offers an alternative to passive index funds or exchange-traded funds, specifically designed for institutional clients seeking strategic participation in Avalanche’s blockchain network.

“The idea is to have a permanent capital vehicle. One of the benefits of not having to respond to creations and redemptions on a given day is that you can take a more strategic approach in what you’re doing,” said Smith.

AVAT’s differentiation lies in its regulated, transparent investment vehicle, developed under the oversight of seasoned professionals. Smith brings a wealth of experience, serving as a senior executive at Susquehanna International Group before leading AVAT, where he specialized in crypto trading and market-making across digital assets.

The advisory team also features prominent crypto pioneers such as Stani Kulechov of Aave and Jason Yanowitz of Blockworks, alongside experienced executives bringing operational and strategic expertise.

Such a combination of governance, knowledge and regulatory compliance helps mitigate the risks and opacity that have historically deterred institutional capital from crypto markets.

“I spent most of my career in what people now label traditional finance. I’ve worked in asset management and wealth management. I’ve worked on some of the largest trading desks in the world. So I think what I’ve learned over time is (that) surrounding yourself with smart people generally makes your job easier,’ Smith noted.

Ecosystem growth through strategic investment

Beyond simply holding AVAX, AVAT plans to actively support ecosystem expansion.

‘That could be owning a validator and running our own nodes, it could be running some volatility strategies using options or it could be investing equity into L1s and applications that are building on top of Avalanche.’

Through such treasury-backed infrastructure investments, Avalanche looks to deepen its network effects and catalyze sustainable adoption. This trend mirrors a larger institutional movement from companies like Strategy (NASDAQ:MSTR), which is developing a treasury strategy centered on Bitcoin accumulation, or BitMine Immersion Technologies (NYSEAMERICAN:BMNR) and firms such as Galaxy Digital (NASDAQ:GLXY), Jump Crypto and Multicoin Capital, which are introducing multibillion-dollar funds for Ether and Solana, respectively.

These treasury companies not only possess assets, but also make strategic investments to stimulate ecosystem expansion and institutional acceptance. This approach aligns with a broader industry trend of blockchain networks becoming foundational layers in the digitization of financial markets, supply chains and enterprise systems.

“I think the area that is undervalued in the success of Avalanche has been business and government adoption. Every week, there’s a story of major banks utilizing Avalanche infrastructure for their own business or stablecoin rails,’ said Smith. “You had the state of Wyoming issuing a state-issued stablecoin, the California DMV digitizing over 42 million car titles, corporate sponsors with Toyota Finance, FIFA, KKR, Apollo Global Management (NYSE:APO) and JP Morgan Chase & Co. (NYSE:JPM) using it in a variety of ways within their own financial service suite.”

While crypto asset markets remain volatile, AVAT adopts a diversified approach combining staking, liquidity provision and options strategies to balance yield generation with capital preservation.

“We want to create an all-weather portfolio that’s strategic in nature, and we’re thinking of an endowment or foundation approach, where we’re taking a multi-decade approach to some of our positions.”

A microcosm of broader institutional trends

AVAT exemplifies the evolving role of blockchain and crypto assets within the global financial system. Its journey from being a Layer 1 blockchain project to building a substantial treasury vehicle with public market access reflects a notable trend toward convergence between traditional finance and emerging decentralized technologies.

This theme resonates widely, as the financial industry witnesses the democratization and institutionalization of crypto through mechanisms like SPACs, regulated investment vehicles and hybrid governance models.

Meanwhile, the tokenization of real-world assets, corporate treasury adoption and blockchain integration into enterprise processes are collectively rewriting how value is stored, transferred and grows in modern markets.

By blending seasoned financial expertise with cutting-edge blockchain development, AVAT is carving a path for sustainable institutional investment in digital assets, demonstrating how blockchain innovation and traditional capital markets can mutually reinforce to support the next chapter of digital finance.

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

This post appeared first on investingnews.com

Nickel prices were volatile in the first half of 2025, but fell flat in Q3 amid ongoing oversupply concerns.

The market has also faced considerable uncertainty as the US adjusts its trade and spending policies, with headwinds coming from the end of the electric vehicle (EV) tax credit and a grinding tariff dispute with China.

These potential weak spots in market demand have come alongside an oversupplied market, and despite a 35 percent reduction in Indonesia’s output quota, supply and demand remain out of balance.

What happened to the nickel price in Q3?

As mentioned, nickel prices were volatile in H1, hitting a year-to-date high of US$16,720 per metric ton (MT) on March 12 before collapsing to a year-to-date low of US$14,150 on April 8.

By the start of the third quarter, prices had stabilized, reaching US$15,190 on July 1. Amid price fluctuations, nickel rose to a quarterly high of US$15,575 on July 23, then fell to a quarterly low of US$14,950 on July 31.

For the rest of the period, nickel prices were largely rangebound between US$15,000 and US$15,500, falling outside that range only once, when they dipped to US$14,950 on August 21.

Nickel price, April 1 to July 24, 2025.

Chart via London Metal Exchange.

Structural oversupply hindering nickel market

“The issue facing the nickel market is not weak demand; consumption is rising at a solid rate. The issue is rapid production growth, driven mostly by Indonesia. This has resulted in a structurally oversupplied market, which in turn is pressuring the London Metal Exchange (LME) nickel price,” he said.

Behind the stagnant price movements, the LME’s own data shows rising nickel stockpiles.

Across all warehouses, the LME hosted 164,028 MT of nickel at the start of the year; by the end of the first half, the amount had risen to 203,886 MT. The most recent data shows that the upward trend continued through the third quarter, with LME nickel stockpiles reaching 231,504 MT on September 30.

While demand is growing, it’s not enough to counter the flood of nickel entering the market. Furthermore, demand for nickel has been hindered by the end of the EV tax credit in the US on September 30, which has raised the cost of new vehicles for buyers and could impact the future uptake of new EVs in the US.

As S&P Global reported on October 15, this situation caused consumers to buy EVs before the deadline, resulting in a short-term spike in demand. However, the news outlet notes that US market stagnation may be offset by rising demand in domestic Chinese markets, which appeared to return to normal levels at the end of Q3.

While that may be good news for EVs, nickel won’t necessarily benefit as producers are shifting toward lithium-iron phosphate batteries. S&P Global notes that the change has caused nickel-manganese-cobalt batteries to lose 2 percentage points of market share year-on-year, accounting for 22 percent of the EV battery market.

However, the biggest issue weighing on nickel prices is supply, which Indonesia currently dominates. During Q3, the country experienced civil unrest stemming from a cost-of-living crisis. Even though the protests had no direct impact on nickel output, Masson suggested they could be an additional tailwind for Indonesia’s mining industry.

The country slashed nickel ore output earlier in the year to 200 million MT from 215 million MT in 2024. The move served to stabilize prices around the US$15,000 mark, but so far has done little else to improve the market.

As an additional measure to exert greater control over output levels and support prices, Indonesia reduced the duration of approved output quotas to one year. The policy change, which came into effect on October 3, requires producers who had been granted longer-term licenses to apply for 2026 quotas between October 1 and November 15, 2025.

In April, Indonesia implemented a new royalty scheme that adjusted royalty rates for nickel ore from a fixed 10 percent to 14 to 19 percent, the nickel matte rate from 2 percent to 3.5 to 5.5 percent, and the nickel pig iron rate from 5 percent to 5 to 7 percent. Nickel miners have pushed back on the changes, suggesting they would put greater financial strain on mining businesses, which are already struggling with high costs and low cash flows.

Nickel price forecast for 2025

The price of the base metal should see some tailwinds as seasonal output declines amid the rainy season in the Philippines, reducing the amount of nickel entering the market.

However, this is a temporary cut, with the season running from early October to the first quarter of 2026.

From Masson’s perspective, he doesn’t see a meaningful change in price before the end of the year, noting that more needs to be done on the supply side to move the needle.

“For the nickel price to improve, there needs to be greater supply discipline to rebalance the market. It is hard to see how this can occur without Indonesia. One way supply discipline could occur is via the country’s mine quotas, which the government now sets annually. Rising royalty payments could also squeeze older, higher-cost producers in the country,” he said. He predicts prices will remain rangebound around the US$15,000 level unless supply growth slows.

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

This post appeared first on investingnews.com

Dr. Mark Thornton, senior fellow at the Mises Institute, discusses the factors that have taken the gold price to all-time highs. In his view, the key driver is government actions like overspending, borrowing and money printing, none of which are likely to abate soon.

He also shares his bullish outlook for silver.

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

This post appeared first on investingnews.com

Copper Quest Exploration Inc. (CSE: CQX; OTCQB: IMIMF; FRA: 3MX) (‘ Copper Quest ‘ or the ‘ Company ‘) is pleased to announce that it has entered into a definitive agreement to acquire a 100% interest in the Kitimat Copper-Gold Project (the ‘Project’), located approximately 10 kilometers northwest of the deep-water port community of Kitimat, British Columbia.

PROJECT OVERVIEW

The Kitimat Copper-Gold Project covers approximately 2,954 hectares within the Skeena Mining Division of northwestern British Columbia. The Project is year-round road-accessible via a network of logging and mineral exploration roads extending north from Kitimat. The property benefits from exceptional infrastructure, being within 10 km of tidewater, 1.5 km of rail, and 6 km of high-voltage hydroelectric transmission lines.

Geologically, the Project is situated within the Stikine Terrane, a prolific belt that hosts numerous porphyry copper-gold systems and is underlain by Late Triassic volcanic rocks intruded by Jurassic diorite and granodiorite bodies of the Coast Plutonic Complex. The Project’s principal target areas is the Jeannette Cu-Au Zone displaying alteration and mineralization interpreted to represent low-level intermediate to low-sulfidation epithermal expressions of a larger Cu-Au porphyry system.

HISTORICAL EXPLORATION & HIGHLIGHTS

Exploration on the Kitimat property dates back to the late 1960s, with multiple operators conducting geochemical, geophysical, and drilling campaigns. The most significant historical work was conducted by Decade Resources Ltd. (2010), which completed 16 diamond drill holes totaling 4,437.5 meters in the Jeannette Cu-Au Zone. Notable results include:

  • Hole J-7: 117.07 m grading 1.03 g/t Au, 0.54% Cu, from 1.52 m to 118.60 m.
  • Hole J-1: 103.65 m grading 1.00 g/t Au, 0.55% Cu, from 9.15 m to 112.80 m.
  • Hole J-2: 107.01 m grading 0.80 g/t Au, 0.45% Cu, from 6.10 m to 113.11 m.
  • Hole J-8: 112.20 m grading 0.41 g/t Au, 0.33% Cu, from 11.89 m to 124.09 m.

The mineralized intervals encountered in the 2010 drilling demonstrate continuous near-surface copper-gold mineralization extending over significant widths, remain open at depth within the Jeannette Zone, and occur within a broader hydrothermal system that is interpreted to extend laterally beyond the area tested.

ACQUISITION DETAILS

Under the terms of the agreement Copper Quest has until January 5, 2026 to complete a due diligence review of the Project. Upon successful review, the Company will issue 2,000,000 common shares to the vendor, Bernie Kreft, on January 6, 2026, as full consideration for the acquisition. The Project is subject to a 2.5% net smelter return (NSR) royalty, of which 40% may be repurchased by the Company for CAD $1,000,000. Copper Quest will also retain a right of first refusal on any transaction involving the sale of the remaining royalty interest. Copper Quest has until

Mr. Kreft is a well-known Canadian prospector, entrepreneur, and former star of the Discovery Channel’s Yukon Gold television series. He has a long track record of successful mineral discoveries and project generation across British Columbia and Yukon.

A finder’s fee is payable in connection with the acquisition.

MANAGEMENT COMMENTS

Brian Thurston , CEO of CopperQuest, commented:

‘The addition of the Kitimat Copper-Gold Project demonstrates Copper Quest’s continued effort to add shareholder value through the acquisition of critical mineral projects. This project is ideally located with exceptional infrastructure, in a proven geological belt known for hosting major copper-gold systems. The strong historical drill results from the Jeannette zone speak to the potential of a larger near-surface mineralized system. We look forward to advancing this asset as part of our growing copper-gold portfolio.’

NEXT STEPS

  • The Company plans to leverage artificial intelligence (AI) analysis to integrate all historical and modern exploration data to establish a comprehensive geological and geophysical model for the Kitimat Porphyry Project and improve targeting precision.
  • Additional geological mapping, sampling, and geophysical surveys may be completed to refine priority drill targets as required. Field work could include ground magnetics, induced polarization (IP), and passive seismic to better define subsurface structure and mineralization trends.
  • A follow-up drill program would test key targets within the interpreted geology and surrounding high-grade corridors.

QUALIFIED PERSON

Brian G. Thurston, P.Geo., the Company’s President and CEO and a qualified person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects, has reviewed and approved the technical information in this news release.

ABOUT COPPER

Despite surging demand, global copper supply remains constrained. Ore grades are declining at major mines, permitting timelines for new projects have lengthened, and geopolitical tensions are reshaping supply chains toward stable, transparent jurisdictions. Governments in Canada, the U.S., and allied nations have increasingly identified copper as a strategic and critical metal necessary for economic and national security. Within this context, Copper Quest’s acquisition of the Kitimat Copper-Gold Project in British Columbia positions the Company to advance a discovery-stage asset in one of the world’s safest and most infrastructure-rich mining jurisdictions — precisely when new, scalable copper sources are most needed.

ABOUT Copper Quest Exploration Inc.

Copper Quest (CSE: CQX; OTCQB: IMIMF; FRA: 3MX) is focused on building shareholder value through the acquisition, exploration and development of its North American Critical Mineral portfolio of assets. The Company’s land package currently comprises five projects that span over 40,000+ hectares in great mining jurisdictions.

Copper Quest has a 100% interest in the Stars Property, a porphyry copper-molybdenum discovery, covering 9,693 hectares in central British Columbia’s Bulkley Porphyry Belt. Contiguous to the Stars Property, Copper Quest has a 100% interest in the 5,389-hectare Stellar Property. CQX also has an earn-in option up to 80% and joint-venture agreement on the 4,700-hectare porphyry copper-molybdenum Rip Project, also in the Bulkley Porphyry Belt.

Copper Quest has a 100% interest in the Nekash Copper-Gold Project, a porphyry exploration opportunity located in Lemhi County, Idaho, along the prolific Idaho-Montana porphyry copper belt that hosts world-class systems such as Butte and CUMO. The project is fully road-accessible via maintained U.S. highways and forest service roads and currently consists of 70 unpatented federal lode claims covering 585 hectares.

Copper Quest has a 100% interest in the Thane Project located in the Quesnel Terrane of Northern BC which spans over 20,658 ha with 10 high-priority targets identified demonstrating significant copper and precious metal mineralization potential.

Copper Quest’s leadership and advisory teams are senior mining industry executives who have a wealth of technical and capital markets experience and a strong track record of discovering, financing, developing, and operating mining projects on a global scale. Copper Quest is committed to sustainable and responsible business activities in line with industry best practices, supportive of all stakeholders, including the local communities in which it operates. The Company’s common shares are principally listed on the Canadian Stock Exchange under the symbol ‘CQX’. For more information on Copper Quest, please visit the Company’s website at www.copper.quest .

On behalf of the Board of Copper Quest Exploration Inc.

Brian Thurston, P.Geo.
Chief Executive Officer and Director
Tel: 778-949-1829

For further information contact:

Investor Relations
info@copper.quest

Forward Looking Information

This news release contains certain ‘forward-looking information’ and ‘forward-looking statements’ (collectively, ‘ forward-looking statements ‘) within the meaning of applicable securities legislation. All statements, other than statements of historical fact included herein, including without limitation, future operations and activities of Copper Quest, are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as ‘expects’, ‘anticipates’, ‘believes’, ‘intends’, ‘estimates’, ‘potential’, ‘possible’, and similar expressions, or statements that events, conditions, or results ‘will’, ‘may’, ‘could’, or ‘should’ occur or be achieved. Forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates based on or related to many of these factors. Such factors include, without limitation, risks associated with possible accidents and other risks associated with mineral exploration operations, the risk that the Company will encounter unanticipated geological factors, risks associated with the interpretation of exploration results, the possibility that the Company may not be able to secure permitting and other governmental clearances necessary to carry out the Company’s exploration plans, the risk that the Company will not be able to raise sufficient funds to carry out its business plans, and the risk of political uncertainties and regulatory or legal changes that might interfere with the Company’s business and prospects. Readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these items. The Company does not assume any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by applicable securities laws.

The Canadian Securities Exchange has not reviewed, approved or disapproved the contents of this press release, and does not accept responsibility for the adequacy or accuracy of this release.

News Provided by GlobeNewswire via QuoteMedia

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Apex Resources (TSXV:APX,OTC:SLMLF) is a mineral exploration company with a diversified North American portfolio, combining near-term tungsten-gold opportunities in British Columbia with district-scale lithium potential in Nevada.

The company’s flagship Lithium Creek project in Churchill County, Nevada, represents a new lithium-brine discovery opportunity. Geophysical and gravity surveys have outlined extensive low-resistivity zones and complex basin structures—hallmarks of major brine systems—defining multiple drill targets. Just 70 km east of Reno and 30 minutes from Tesla’s Gigafactory, Lithium Creek is strategically positioned within the U.S. battery manufacturing corridor.

Drilling at the Jersey-Emerald project

The Jersey-Emerald project, Apex’s flagship Canadian asset, is a past-producing mine complex hosting tungsten, zinc, lead, gold, and molybdenum. Located 10 km southeast of Salmo, BC, it includes the former Emerald and Jersey mines—once among Canada’s largest producers. Apex is applying modern exploration and geophysics to expand critical mineral zones and identify new targets across the 17,500-hectare property.

Company Highlights

  • Critical-minerals focus: Apex’s portfolio is anchored by lithium, tungsten and zinc, all designated as critical by Canada and the US.
  • Precious-Metals (Gold&Silver) are important by-products at Jersey-Emerald
  • Diversified exploration pipeline: Active drill program at Jersey-Emerald (tungsten-gold-zinc) while preparing to drill Lithium Creek in Nevada.
  • Large-scale opportunity: Apex controls contiguous and nearby claim blocks around Salmo, BC, including Jersey-Emerald and Ore Hill, forming a multi-deposit critical- and precious-metal exploration district spanning more than 17,500 hectares with several historic mines, hosting Tungsten, Zinc, Lead, Silver, Gallium, Germanium, Indium, Bismuth, Tellurium and Molybdenum.
  • Strong early results in USA: Lithium Creek brine samples up to 393 mg/L lithium, with geophysics outlining multiple deep-basin anomalies.
  • Historic infrastructure advantage in Canada: More than $100 million in existing underground workings at Jersey-Emerald; year-round road, rail and power access to both BC projects.
  • Tier-1 jurisdictions: Stable, mining-friendly locations in British Columbia and Nevada with clear permitting frameworks.
  • Experienced leadership: Proven technical and capital-markets expertise led by CEO Ron Lang and a board made up of seasoned exploration and mining professionals.

This Apex Resources profile is part of a paid investor education campaign.*

Click here to connect with Apex Resources (TSXV:APX,OTC:SLMLF) to receive an Investor Presentation

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President Donald Trump’s legal team filed a ‘powerhouse’ appeal in Manhattan District Attorney Alvin Bragg’s case against him, demanding the verdict be thrown out and that the ‘most politically charged prosecution in our Nation’s history,’ as they called it, be dismissed altogether.

Fox News Digital obtained the 111-page appeal filed in New York Supreme Court’s Appellate Division late Monday night.

Sullivan & Cromwell’s Robert J. Giuffra Jr. is representing the president in the matter.

Trump pleaded not guilty to all 34 counts of falsifying business records in the first degree but was found guilty in May after a six-week unprecedented criminal trial in New York in 2025.  

New York v. Trump is on a halt until 2029.

‘President Trump’s legal team filed a powerhouse appeal in the Manhattan DA’s Witch Hunt, as the President continues his fight to put an end to the Radical Democrat Lawfare once and for all,’ a spokesman for the president’s legal team told Fox News Digital.

‘The Supreme Court’s historic decision on Immunity, the Federal and New York State Constitutions, and other established legal precedent mandate that this meritless hoax be immediately overturned and dismissed,’ the Trump spokesman continued.

‘President Trump will keep defeating Democrat weaponization at every turn as he focused on his singular mission to Make America Great Again.’

The 111-page filing details Giuffra’s argument for complete dismissal and reversal. 

‘This is the most politically charged prosecution in our Nation’s history,’ the filing states. ‘After years of fruitless investigation into decade-old, baseless allegations — and under immense political pressure to criminally charge President Donald J. Trump for something—New York’s district attorney (DANY) manufactured felony charges against a once-former and now-sitting President of the United States. The DA, a Democrat, brought those charges in the middle of a contentious Presidential election in which President Trump was the leading Republican candidate.’

Trump’s legal team called the charges against Trump ‘as unprecedented as their political context.’

‘Targeting alleged conduct that has never been found to violate any New York law, the DA concocted a purported felony by stacking time-barred misdemeanors under a convoluted legal theory, which the DA then improperly obscured until the charge conference,’ the filing states. ‘This case should never have seen the inside of a courtroom, let alone resulted in a conviction.’

Trump’s lawyers are asking the court to ‘now reverse.’

‘Federal law expressly preempts DANY’s misdemeanor-turned-felony charges because those charges rest on an alleged violation of federal campaign regulations that States cannot (and have never) enforced,’ the filing states. ‘The trial was fatally marred by the introduction of 2 official Presidential acts that the Supreme Court has made clear cannot be used as evidence against a President.’

Trump’s lawyers went on to argue that ‘the jury was instructed incorrectly, allowing a conviction without the unanimity required by both New York law and basic due process.’

‘Beyond these fatal flaws, the evidence was clearly insufficient to convict,’ the filing states. ‘In addition to all this overwhelming error, the trial was conducted by a judge who refused to recuse himself despite having made political contributions to President Trump’s electoral opponents and despite having disqualifying family conflicts. For each of these independent reasons, President Trump’s conviction must be set aside.’ 

Trump’s attorneys also noted that the review of the by federal prosecutors in 2021 led to ‘no actions against President Trump even after he left office in 2021,’ which ‘should have barred any prosecution’ in the Manhattan district attorney’s efforts.

Trump attorneys also argued that the trial court violated the presidential evidentiary immunity confirmed by the U.S. Supreme Court, which bars the ‘use of evidence about’ a president’s official acts while in office.

‘The jury improperly heard extensive testimony about at least four different kinds of official acts by President Trump,’ the filing states, including discussions between the president and the White House communications director in the Oval Office over the White House’s response to allegations of presidential wrongdoing; official presidential statements on social media; alleged discussions between the president and the attorney general about the enforcement of federal campaign regulations; and the president’s practices in discharging his presidential duties, including from the Situation Room.

‘The U.S. Supreme Court mandated that violations of Presidential evidentiary immunity require automatic reversal of a conviction without any harmless-error analysis,’ the filing states. ‘Even if such analysis were applied, the introduction of the prohibited testimony—which DANY repeatedly relied on and called ‘devastating’ in its summation, A7815—was far from harmless beyond a reasonable doubt.’

Trump attorneys also argued that the trial court ‘erred in instructing the jury that it could convict President Trump of having conspired to ‘promote or prevent the election of any person to a public office by unlawful means,’ Election Law § 17-152, without unanimously agreeing on what those ‘unlawful means’ actually were.’

‘Instead, the court permitted the jury to convict if some jurors believed only that President Trump had conspired to violate FECA, while others believed only that he had conspired to help others commit tax fraud, and still others believed only that he had conspired to help others make false statements to a 5 bank. Due process and Section 17-152 do not permit a conviction based on such a haphazard ‘combination of jury findings,’’ the filing states.

Trump lawyers also said the district attorney ‘had no proof that President Trump ever had the ‘intent to defraud’ expressly required by the business-records statute.’

‘There was zero evidence that President Trump intended to deprive anyone of money or property, and in fact no such deprivation occurred,’ the filing states. ‘Having no other choice, DANY advanced the flawed theory, erroneously blessed by the trial court, that ‘intent to defraud’ can include either (i) intent to interfere with unspecified government regulators, or (ii) intent to deceive ‘the voting public.’ Making matters worse, DANY did not prove that President Trump acted with either of those intentions in mind.’ 

The lawyers also argued that Judge Juan Merchan refused to recuse himself from the case, and questioned his impartiality due to his past political contributions — donating to both then-President Joe Biden and to a group called ‘Stop Republicans PAC.’

The lawyers also called into question, again, Merchan’s daughter’s work as the president and part-owner of an advertising company that was paid millions by the Kamala Harris campaign and other Democrats — ‘including for running advertisements specifically invoking DANY’s prosecution of President Trump in her father’s courtroom.’

Loren Merchan sits as the president for Authentic Campaigns — a company that has done political work for top Democrat clients like Biden and former Vice President Kamala Harris. 

‘In the face of all these undisputed and damaging facts, Justice Merchan’s refusal to recuse created, at the very least, ‘the appearance of bias,’ which ‘erode(s) public confidence in the judicial system’ and is yet another clear ground for reversal,’ Trump lawyers argued.

Trump’s attorneys concluded by saying that ‘despite years of rifling through President Trump’s business, DANY could not find a felony charge.’

‘So it concocted an elaborate theory that has never before been pursued in this State and is plainly preempted by federal law,’ the filing states. ‘Like every criminal defendant in a New York courtroom, President Trump was entitled to a fair trial before a properly instructed jury and a neutral judge.’

‘Instead, he was convicted after a trial that featured repeated and clear violations of his constitutional rights, federal law, and New York law, presided over by a judge who was required to recuse,’ they argued. ‘For all these reasons, this Court should reverse the judgment of conviction and dismiss the indictment.’

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