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The Department of Government Efficiency (DOGE) announced on Wednesday it has decreased its annual non-defense federal obligations by an additional ~1.9% since last month.

As of June 8th, annual non-defense federal obligations are down 22.4%, or ~$25B, as compared to 2024, DOGE announced on X.

The cut marks an additional ~1.9% reduction from last month’s figures, which were announced on May 8. 

‘Cash outlays will follow as obligations come due,’ DOGE wrote in the post. ‘Our initiative to reduce wasteful spend, consistent with the DOGE Cost Efficiency Executive Order, continues to bear fruit.’

On May 14, DOGE announced the current year’s non-defense federal obligations were down 20.5% as compared to 2024. 

The announcement came minutes before Fox News Digital was first to report the Department of Health and Human Services (HHS) is rehiring more than 450 previously fired employees belonging to multiple divisions within the agency’s Centers for Disease Control and Prevention (CDC).

The rehired CDC employees came from the National Center for HIV, Viral Hepatitis, STD, and Tuberculosis Prevention; the National Center for Environmental Health; the Immediate Office of the Director, and the Global Health Center, according to an HHS official familiar with the matter.

HHS Secretary Robert F. Kennedy Jr. told CBS News in April some personnel who were cut shouldn’t have been. 

‘We’re reinstating them, and that was always the plan,’ Kennedy said. ‘Part of the—at DOGE, we talked about this from the beginning, is we’re going to do 80% cuts, but 20% of those are going to have to be reinstated, because we’ll make mistakes.’

In addition to the HHS rehires, the Internal Revenue Service, Food and Drug Administration, State Department, and Department of Housing and Urban Development started rehiring employees let go during DOGE cuts, the Washington Post reported.

Another roadblock this week was a ruling from U.S. District Judge Denise Cote of the Southern District of New York, who ruled to restrict the agency’s access to federal databases.

The Trump administration previously said DOGE could not work effectively with the limitations, noting DOGE needed to access Social Security information to root out fraud.

Fox News Digital’s Alec Schemmel and Danielle Wallace contributed to this report.

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The American Bar Association asked the Department of Justice on Tuesday to reconsider its historic decision to shut the organization out of the judicial nomination process and insisted it rates potential judges fairly.

ABA President William Bay wrote to Attorney General Pam Bondi that he was ‘surprised and disappointed’ by her decision, which Bondi revealed in a letter two weeks ago.

‘It is deeply disturbing that the Justice Department has decided to restrict access to judicial nominees without justification or basis,’ Bay wrote.

Bondi accused the ABA, which comprises hundreds of thousands of lawyers and other legal professionals, of favoring Democratic administrations’ nominees and refusing to ‘fix the bias in its ratings.’

The ABA has for seven decades been involved in rating presidents’ nominees to serve as judges in the district and appellate courts and the Supreme Court.

An ABA committee rates potential judges as ‘well qualified,’ ‘qualified’ or ‘not qualified’ based on their experience level, legal writings, and dozens of interviews with the candidates’ colleagues and peers.

Bay noted the ABA rated all three of President Donald Trump’s Supreme Court nominees as ‘well qualified’ and that it has given ‘well qualified’ or ‘qualified’ ratings to at least 97% of rated nominees for the last two decades.

The ABA has also received nonpublic information about nominees, including their bar records, through DOJ waivers. Bondi said the department will no longer provide those.

Bay’s remarks were the latest development in a protracted legal fight that Trump and Republicans have waged against the ABA and big law over allegations they are plagued by bias. The ABA has on occasion promoted liberal initiatives, including abortion access, diversity, equity, and inclusion, and the LGBTQ agenda. Bay said the rating committee is walled off from the rest of the organization.

‘The Standing Committee’s work is insulated from all other activities of the ABA to ensure its independence and impartiality,’ Bay wrote.

Presidents nominate federal judges, and the Senate votes on them. The judges, once confirmed, serve lifetime appointments.

Presidents and the Senate have for decades included the ABA in the nomination process, but Trump and President George W. Bush declined to give the ABA a first look at potential nominees before announcing them.

Former President Joe Biden continued Trump’s practice but clarified that he valued the ABA’s ratings and only gave it post-nomination access to nominee information to save time.

A DOJ spokesman said in response to Bay’s letter: ‘It’s clear that the American Bar Association has lost its way and no longer treats all nominees in a fair and impartial manner.’

Sen. Chuck Grassley, R-Iowa, who leads the Senate panel tasked with vetting potential judges, said in response to Bondi’s decision that it was ‘hardly surprising’ and that the legal organization has ‘consistently taken partisan stances on political issues.’ Grassley noted the ABA could still weigh in on nominees independently of the administration.

‘The Judiciary Committee will still accept letters from the ABA, the same as we do for all outside organizations, but it doesn’t make sense for this administration to be giving favored access to an organization that’s consistently shown political bias,’ Grassley said.

Grassley’s Democratic counterpart, Sen. Dick Durbin of Illinois, said in a statement online that the ABA’s ratings process was objective.

‘The Trump Administration is clearly just trying to cover for unqualified and extreme nominees,’ Durbin said.

Among those once rated as ‘not qualified’ by the ABA was DOJ chief of staff Chad Mizelle’s wife, Kathryn Kimball Mizelle, who serves as a federal judge in Florida. The rating was due to her lack of experience, as the ABA’s criteria for federal judges includes 12 years of experience practicing law.

The ABA had mixed reviews for Justice Clarence Thomas in 1991, ultimately giving him its mid-level ‘qualified’ rating.

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Taiwan’s top envoy to the U.S. urged the Senate to ease tax burdens between the two countries and asked Congress to fast-track foreign military sales, following a closed-door lunch Wednesday with the House.  

Ambassador Alexander Tah-Ray Yui, Taipei’s top representative in Washington, told Fox News Digital that he is encouraged that U.S. leaders recognize the urgent existential threat China poses, but emphasized the need to get weapons into the hands of the Taiwanese military more quickly and to address issues impeding two-way investment. 

‘We appreciate the United States prioritizing Taiwan and helping us strengthen our defense capabilities,’ Yui said. ‘We’re cheering on more military commitments to the states and [a] joint effort to speed up the delivery of the products that we bought.’

Yui called on the Senate to advance a stalled double taxation agreement, which has already cleared the House.

‘That’s an important incentive for Taiwanese companies to come to the United States and invest – but also vice versa for U.S. companies to go to Taiwan,’ he said. ‘We are the only one of the large trading partners without this treatment, which is worrying for the whole country right now.’

By a vote of 423 to 1, the House last Congress passed the United States-Taiwan Expedited Double-Tax Relief Act, legislation that prevents double taxation on cross-border investments. 

The ambassador also offered a sobering assessment of China’s increasingly belligerent posture in the Taiwan Strait and across the Indo-Pacific.

‘We are concerned,’ Yui said. ‘The [People’s Liberation] Army and Navy are increasing their activities around Taiwan, harassing our territorial waters and airspace. These provocations are constant.’

While emphasizing that ‘we don’t want war,’ he noted that the U.S. and regional partners have begun ramping up their own defenses, recognizing the threat.

Rep. August Pfluger, who chairs the influential RSC, told Fox News Digital that the meeting was a show of solidarity with Taiwan’s democratic government and a rebuke of China’s authoritarian policies.

‘China is an existential threat to Taiwan,’ said Pfluger, a Texas Republican. ‘The difference between mainland China and Taiwan is how they treat human life. Taiwan values openness. China suppresses free speech, targets groups like the Uyghur Muslims – it’s deeply concerning.’

The lunch meeting, attended by dozens of House Republicans, comes amid rising tensions in the region – but just as President Donald Trump announced a deal with Chinese President Xi Jinping to ease the trade war. 

While Pfluger did not commit to further supplemental aid, he said he supports efforts by both nations to strengthen military readiness, including Taiwan’s move to increase defense spending to 3% of GDP.

‘It stands to reason that Taiwan increasing their own internal spending on defense, as well as the U.S. recapitalizing our Navy and Air and Space Forces, is vitally important,’ he said.

Asked what message Congress wants to send to the Taiwanese people, Pfluger was unequivocal:

‘We stand by them – as an ally, as a trading partner, as a democracy facing tyranny just next door.’

The conversation came at a time when U.S. military officials are warning China is readying for battle in the Indo-Pacific in an effort to ‘dominate’ the region. 

‘Beijing is preparing for war in the Indo-Pacific as part of its broader strategy to dominate that region and then the world,’ Defense Secretary Pete Hegseth told Congress this week. He added that such an outcome could put the U.S. economy and its supply chains in a choke hold. 

‘China is undertaking a historic military buildup and actively rehearsing for an invasion of Taiwan,’ he said.

‘These aggressive maneuvers are not routine exercises, they are rehearsals for a forced unification,’ Gen. Dan Caine, chairman of the Joint Chiefs of Staff, added in his own testimony. 

Taiwan has recently renewed an effort to purge its ranks of Chinese sympathizers, indicting four people on Tuesday suspected of spying for China that had infiltrated the presidential office. 

Two Chinese aircraft carriers spotted conducting operations in the Pacific demonstrated the country’s ‘expansionist’ aims, Taiwan Defense Minister Wellington Koo said Wednesday.

‘Crossing from the first island chain into the second island chain sends a definite political message and their expansionist nature can be seen,’ he told reporters in Taipei.

The first island chain refers to the region from Japan to Taiwan and the Philippines to Borneo and the second island chain spreads farther into the Pacific, toward the U.S. territory of Guam. 

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The Gaza Humanitarian Foundation’s (GHF) new chairman is ignoring critics and keeping his focus on what he calls the group’s ‘singular mission’ of making sure the people of Gaza have food.

‘Our mission has nothing to do with Hamas. It has nothing to do with Israel. It has everything to do with making sure that hungry Gazans get food. That is our singular mission. No other mission,’ Rev. Johnnie Moore, GHF’s executive chairman, told Fox News Digital.

Moore took the helm June 3, just a few days after the Israeli- and U.S.-backed aid group began its distribution operations.

Even before GHF began distributing aid, it faced criticism in the weeks leading up to its launch. The United Nations came out strongly against the group. U.N. Under-Secretary-General for Humanitarian Affairs and Emergency Relief Coordinator Tom Fletcher was a vocal critic, claiming the U.N. already had the infrastructure and ability to distribute aid.

Moore, however, believes GHF is ‘trying to solve a problem that the U.N. hasn’t been able to solve,’ namely, the issue of Hamas stealing aid. Rather than admonish critics, Moore is urging them to join GHF’s efforts to get food to people on the ground in Gaza.

The GHF chief also noted that, despite what critics have said, Gazans have been ‘incredibly grateful’ to receive the support. Not only have the beneficiaries been thanking the U.S., they’ve been thanking President Donald Trump. Moore attributes this to a promise the commander in chief made in the Oval Office.

‘They’re thanking President Trump specifically because a few weeks ago, in the Oval Office, in one of the many, many press briefings that President Trump does, he made a passing comment,’ Moore said.

‘And the comment related to how Hamas was treating the Gazan people very badly when it came to humanitarian aid. And he made a promise that the United States would do something about it. And the people in Gaza are attributing our free distribution of food as a direct response to the promise of the president of the United States.’

Israel and the U.S. have repeatedly said that GHF is the best mechanism for distributing aid to Gazans and ensuring that Hamas does not get anything. Moore told Fox News Digital humanitarian aid officials have faced a ‘false choice’ for years between Hamas and the people of Gaza.

‘I think for many, many years, the aid community thought that the cost of giving aid to the people of Gaza is that you had to lose a certain amount of that aid to all of these other nefarious purposes. We’re just showing that that’s a false choice. That doesn’t have to be the case. We can actually give aid without facing these dilemmas,’ Moore said.

‘Since the Israeli authorities allowed the U.N. to resume bringing limited aid into Gaza after nearly 80 days of a total blockade of any supplies, there have been understandable instances of trucks carrying food being offloaded by hungry civilians,’ Eri Kaneko, spokesperson for the U.N. Office for the Coordination of Humanitarian Affairs, told Fox News Digital.

‘In some cases, we have also seen unacceptable looting by armed, criminal gangs, which posed tremendous risk to our drivers’ safety. To meet humanitarian needs in Gaza and help reduce looting, far more essential supplies should be allowed into Gaza through multiple crossings and routes.’

In late May, Israeli U.N. Ambassador Danny Danon revealed the international institution was using ‘mafia-like’ tactics against NGOs that were open to working with GHF. The U.N. removed several NGOs from a shared aid database, which acts as a ‘central system for tracking aid deliveries into Gaza,’ according to Danon.

The following week, after Danon exposed the U.N.’s actions, the U.S. vetoed a U.N. Security Council resolution calling for a ceasefire in Gaza. The resolution also addressed humanitarian aid, though Danon said it would have undermined, rather than advanced, such efforts.

Just minutes before vetoing the resolution, U.S. Chargé d’Affaires Dorothy Shea urged the U.N. to support GHF ‘to help it safely deliver aid without being diverted by Hamas. The GHF has emphasized it will deliver aid consistent with the humanitarian principles of humanity, neutrality, impartiality and independence.’

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President Donald Trump said Wednesday he was willing to extend the deadline for countries to reach a trade deal with the United States, but he doesn’t think it will be necessary.

At the same time, he also indicated that in one to two weeks his administration would be sending out letters telling countries ‘what the deal is.’ 

Trump made the remarks ahead of a performance of ‘Les Misérables’ that he attended at the Kennedy Center in Washington with the first lady.

‘I would,’ Trump said when asked if he would be willing to extend the July 8 deadline for countries to negotiate a trade deal or else face steep tariffs. ‘But I don’t think we’re going to have that necessity,’ the president added, telling reporters ‘we’re rocking in terms of deals’ right now.

Shortly after announcing sweeping tariff policies on April 2 for virtually every U.S. trading partner, the Trump administration chose to institute a 90-day pause to give countries a chance to make a deal with the United States. 

Trump noted during the gaggle with reporters ahead of Wednesday’s Kennedy Center performance that the United States remains in talks with about 15 countries with whom it is still trying to cement a deal. But the president said that he intends to send letters to these partners setting unilateral tariff rates if a deal is not reached.   

‘We’re dealing with Japan. We’re dealing with South Korea. We’re dealing with a lot of them. We’re dealing with about 15 countries. But as you know, we have about 150-plus, and you can’t [make a deal with all of them]. So we’re going to be sending letters out in about a week and a half, two weeks, to countries and telling them what the deal is.’

‘At a certain point, we’re just going to send letters out … saying this is the deal, you can take it or leave it,’ Trump added.

Highly anticipated trade talks with China held in London this week led to a preliminary agreement between the world’s two biggest economic powers, but the ‘framework’ is still pending final approval from Chinese President Xi Jinping and Trump.

‘We made a great deal with China. We’re very happy with it,’ Trump told reporters at the Kennedy Center on Wednesday evening. ‘We have everything we need, and we’re going to do very well with it. And hopefully they are, too.’

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A House Ways and Means Committee hearing took an unexpected turn Wednesday when Rep. Linda Sanchez (D-CA) accused Treasury Secretary Scott Bessent of interrupting her because of her gender—prompting audible groans from the room.

The exchange occurred during a tense five-minute questioning session, where Sanchez challenged Bessent on the impact of tariffs enacted under President Trump’s administration.

‘Prices are rising on many everyday goods,’ Sanchez said, citing increases in clothing, shoes, canned food, toys, and household tools. She added, ‘On average, Trump’s tariffs are estimated to cost households $3,000 more for the same goods than they would have last year,’ though she did not cite the source of the figure when pressed.

When Bessent attempted to interject, Sanchez quickly cut him off: ‘Please don’t interrupt me… I know I’m a woman, but please try to limit yourself to answering my questions.’

That remark prompted groans from the hearing room, with one attendee audibly reacting, ‘Oh, come on.’ Sanchez responded: ‘No, I’m sorry, but we get talked over all the time, and I don’t want that to happen at this hearing.’

Bessent, who is openly gay, did not address the accusation and instead focused on defending the administration’s trade policies. 

When Sanchez challenged him on pricing impacts and China’s trade behavior, Bessent responded, ‘That’s incorrect,’ and said, ‘They met their agreements under President Trump in 2020, and President Biden did not enforce them.’

Sanchez repeatedly claimed that American consumers are paying more due to tariffs and described recent negotiations with China as rushed and lacking transparency. ‘A poorly negotiated trade deal with China is probably not worth the paper that it is written on,’ she said. ‘I was alarmed to hear this morning that Trump said the U.S.–China deal was done after just two days of talks in London.’

Bessent defended the agreement as an initial step. ‘The deal struck was for a specific goal, and it will be a much longer process,’ he said, adding, ‘China has proven an unreliable partner.’

The clash between Sanchez and Bessent was repeatedly moderated by Chairman Adrian Smith (R-NE), who reminded members of time limits and decorum throughout the hearing.

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President Donald Trump’s $9.4 billion spending cuts package survived a key hurdle on Wednesday afternoon, setting the measure up for a final House-wide vote later this week.

Trump’s proposal, which was introduced as legislation by House Majority Leader Steve Scalise, R-La., would cut $8.3 billion from the U.S. Agency for International Development (USAID), and just over $1 billion from the Corporation for Public Broadcasting.

The Corporation for Public Broadcasting distributes federal funding to NPR and PBS.

The House of Representatives made a procedural motion known as a ‘rule vote,’ which passed mostly along party lines. 

The rule passing now allows for debate on the $9.4 billion spending cut measure, followed by a final House-wide vote.

But it’s not atypical for House leaders to include unrelated measures in rule votes, as is the case with the spending cuts package – House GOP leaders included a provision with minor changes to Trump’s ‘one big, beautiful bill’ to account for the Senate needing to amend the bill.

That latter piece of legislation, a vast tax and immigration bill, is moving through the budget reconciliation process.

By dropping the Senate’s threshold for advancement from 60 votes to 51, it allows the party in power to skirt the minority – in this case, Democrats – on vast pieces of legislation, provided they adhere to a specific set of budgetary rules.

House GOP leaders said they needed to make the recent changes to the bill to better adhere to the Senate’s ‘Byrd Bath,’ when the Senate parliamentarian reviews the bill and removes anything not adhering to reconciliation guidelines.

Whereas that deals with the government’s mandatory spending processes that are more difficult to amend, the $9.4 billion spending cuts package tackles discretionary spending that Congress controls every year.

It’s called a ‘rescissions package,’ which is a formal proposal by the White House to claw back federal funds already allocated for the current fiscal year.

Like reconciliation, the mechanism allows for a 51-vote majority in the Senate rather than 60. Congress has 45 days to consider it, or it is deemed rejected.

Republican leaders have held up this rescissions package as the first step to codifying the billions of dollars of government waste identified by Elon Musk’s Department of Government Efficiency (DOGE).

Trump allies have also made clear they view this first package as a test of what kind of cuts congressional Republicans can stomach.

And while the rule vote was expected to pass, the bill could have trouble ahead of its expected Thursday afternoon vote.

Rep. Mark Amodei, R-Nev., pointed out in a bipartisan statement that the media funding represents less than 0.01% of the federal budget and said taking that money away would ‘dismantle a trusted source of information for millions of Americans.’

Rep. Don Bacon, R-Neb., told reporters on Tuesday that he got assurances that USAID cuts would exclude critical medical funding.

‘I feel better than what I was hearing last week, that was gonna be a total cut,’ he said, without revealing whether he would support the bill.

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CSE:NF
  OTCQX:NFUNF

Nuclear Fuels Inc. (CSE: NF) (OTCQX: NFUNF) (‘Nuclear Fuels’ or the ‘Company ‘) announces the commencement of its 2025 drilling program, with an initial plan for at least 100,000 feet, at the Kaycee Uranium Project (‘the Project’) located in the Powder River Basin (‘PRB’) of Wyoming . The regional drilling conducted in late 2024 successfully identified two new zones of roll front-hosted uranium mineralization. Notably, the Outpost and Trail Dust Zones were discovered during the late stages of the 2024 program, and the Company is excited to follow up on these promising new areas during the 2025 drill program.

Highlights from the 2024 Regional Exploration Program ( Nuclear Fuels NR January 29, 2025 ) :

  • Drill hole LT24_050 returned 0.082% eU 3 O 8 over 6.5 feet for a total grade thickness (‘GT’) of 0.532, beginning at a downhole depth of 767.0 feet at the Outpost Zone;
  • At the Trail Dust Zone, located approximately 1.5 miles to the north of the Outpost Zone, drill hole LT24_037 returned 0.0553% eU 3 O 8 over 5.5 feet for a total hole GT of 0.304, beginning at a downhole depth of 886.0 feet;
  • The 2025 exploration program is now underway at the Project and will follow up on these results, as well as test other high priority targets;
  • This fully-funded exploration program consists of an initial 100,000 feet of rotary mud drilling, with results to be reported at a similar cadence to the 2024 drill program.

‘Our 2025 drill program is designed to build on the discovery of the Outpost Zone and further test the potential of the Kaycee Project,’ said Greg Huffman , Chief Executive Officer. ‘This new zone of roll front-hosted uranium mineralization not only validates our geological model but also highlights the potential for further discoveries within this district. As we commence our 2025 drilling campaign, our priority is to delineate the extent of the Outpost Zone and assess its potential to contribute to future resources at Kaycee . We remain committed to advancing the Kaycee Project and delivering value to our shareholders through systematic exploration and development.’

Strategic Transaction with Premier American Uranium Inc.

On June 5, 2025 the Company and Premier American Uranium Inc. (TSXV: PUR, OTCQB: PAUIF) announced that they have entered into an arm’s length definitive agreement ( Nuclear Fuels NR June 5, 2025 ), pursuant to which Premier American Uranium has agreed to acquire all of the issued and outstanding common shares of Nuclear Fuels by way of a court-approved plan of arrangement (the ‘Arrangement’ or the ‘Transaction’). Under the terms of the Arrangement, shareholders of Nuclear Fuels will receive 0.33 of a common share of Premier American Uranium for each Nuclear Fuels Share held. Existing shareholders of Premier American Uranium and Nuclear Fuels will own approximately 59% and 41% (on a basic shares outstanding basis), respectively, of the pro forma outstanding PUR Shares on closing of the Arrangement. The Transaction will require approval by at least 66 2/3% of the votes cast by NF Shareholders and, if required by Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions, a simple majority of the votes cast by Nuclear Fuels Shareholders excluding certain interested or related parties, in each case by shareholders present in person or represented by proxy at a special meeting of NF Shareholders to be called in connection with the Transaction (the ‘NF Special Meeting’). The NF Special Meeting is expected to be held in the third quarter of 2025 and Closing of the Transaction is anticipated to occur in the third quarter of 2025.

Kaycee Uranium Project, Wyoming

The Kaycee Project in Wyoming’s PRB, Nuclear Fuels’ priority project, consists of 55 square miles of mineral rights over a 35-mile mineralized trend hosting 430 miles of identified roll fronts. The Kaycee Project is believed to be the only project in the PRB where all three known historically productive sandstone formations (Wasatch, Fort Union, and Lance) are mineralized and potentially accessible for ISR extraction. The Kaycee Project, under Nuclear Fuels, represents the first time since the early 1980’s that the entire district is controlled by one company.

In 2023, Nuclear Fuels acquired the Kaycee Project from enCore Energy Corp., which retains a back-in right for 51% of the project by paying 2.5X the exploration costs and financing the Kaycee project to production (costs recoverable from production) upon Nuclear Fuels establishing a minimum 15 million pound eU 3 O 8 43-101 compliant resource.

Wyoming is a proven and prolific uranium producer with a pro-energy government and established regulatory regime for the permitting and extraction of uranium through ISR technology. Wyoming is one of the few ‘Agreement States’ hosting ISR uranium deposits, where the federal government and the Nuclear Regulatory Commission have ceded regulatory authority to the state government, permitting and advancing uranium projects is more efficient and streamlined as compared to most other states. Wyoming , with over 250 million pounds of historic uranium production, ranks as the state with the second most uranium production to date; most of which has been through the ISR technology since 1990, predominantly from the PRB.

The technical content of this news release has been reviewed and approved by Mark Travis , CPG., a contractor to the Company, and a Qualified Person as defined in National Instrument 43-101.

About Nuclear Fuels Inc.

Nuclear Fuels Inc. is a uranium exploration company advancing early-stage, district-scale In-Situ Recovery (‘ISR’) amenable uranium projects towards production in the United States of America . Leveraging extensive proprietary historical databases and deep industry expertise, Nuclear Fuels is well-positioned in a sector poised for significant and sustained growth on the back of strong government support. Nuclear Fuels has consolidated the Kaycee district under single-company control for the first time since the early 1980s. Currently executing its 2025 drill program following successful 2023 and 2024 drilling, the Company aims to expand on historic resources across a 35-mile trend with over 430 miles of mapped roll-fronts defined by 3,800 drill holes. The Company’s strategic relationship with enCore Energy Corp., America’s Clean Energy Company, offers a mutually beneficial ‘pathway to production,’ with enCore owning an equity interest and retaining the right to back-in to 51% ownership in the flagship Kaycee Project in Wyoming’s prolific Powder River Basin.

Forward-Looking Information

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

Certain information in this news release constitutes forward-looking statements under applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as ‘may’, ‘should’, ‘anticipate’, ‘expect’, ‘potential’, ‘believe’, ‘intend’ or the negative of these terms and similar expressions. Forward-looking statements in this news release include, but are not limited to, statements relating to planned exploration programs and the results of additional exploration work in seeking to establish mineral resources as defined in NI43-101 on any of our properties. Forward-looking statements necessarily involve known and unknown risks, including, without limitation, risks associated with the completing planned exploration programs and the results of those programs; the ability to access additional capital to fund planned and future operations; regulatory risks including exploration permitting; risks associated with title to our mineral projects; the ability of the company to implement its business strategies; and other risks including risks contained in documents available for review at www.sedar.com under the Company’s profile. Readers are cautioned not to place undue reliance on forward-looking statements as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement.

View original content to download multimedia: https://www.prnewswire.com/news-releases/nuclear-fuels-commences-2025-kaycee-uranium-project-drill-program-302478347.html

SOURCE Nuclear Fuels Inc.

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/June2025/11/c2680.html

News Provided by Canada Newswire via QuoteMedia

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(TheNewswire)

TORONTO TheNewswire – June 11, 2025 Noble Mineral Exploration Inc. (‘ Noble ‘ or the ‘ Company ‘) (TSXV: NOB) (OTCQB: NLPXF) is pleased to announce the initial mineral resource at Mann West as announced by its joint venture partner Canada Nickel in the East Timmins Nickel Company, operating in the Timmins area of Northern Ontario.

Noble CEO Vance White said ‘We congratulate our partner Canada Nickel on the work completed and the Initial Resource estimate for Mann West project in Mann Twp and we are very excited about the prospects for East Timmins Nickel along with the several additional projects to be included.’

Highlights:

  • Mann West is the third of eight new nickel resources expected to be published in 2025

TORONTO, June 11, 2025 – Canada Nickel Company Inc. (‘ Canada Nickel ‘ or the ‘ Company ‘) (TSX-V:CNC) (OTCQB: CNIKF) today announced an initial mineral resource estimate (the ‘Mineral Resource Estimate’ or ‘MRE’) for its Mann West Nickel Sulphide Project (‘Mann West’) near Timmins, Ontario. Mann West is wholly owned by East Timmins Nickel Ltd. of which Canada Nickel owns 80% and Noble Mineral Exploration Inc. owns 20%.

The Mann West Nickel Sulphide Project is located just 21 kilometres east of the Company’s Crawford Nickel Sulphide Project (‘Crawford’) and is more than twice the size of Crawford based on the outline of its geophysical target of 3.4 square kilometres. The area of the geophysical target covered by the Mann West resource represents approximately 40% of the total target area. The Mann West project is accessible year-round.

Mark Selby, CEO of Canada Nickel said, ‘Mann West marks a significant milestone with today’s announcement, demonstrating a resource that surpasses the size and scale of our initial Crawford resource, and that validates our belief in the potential of the Timmins Nickel District. With a target footprint more than double Crawford’s, Mann West is just the third of eight new mineral resources we expect to announce by the end of 2025, including two more this month.’

Mann West Mineral Resource Estimate

For the initial Mineral Resource Estimate, a total of 16,833 metres of core drilling in 37 drill holes were utilized to calculate the Mann West Resources in two categories as provided in Table 1. Indicated Resources totalled 406 million tonnes grading 0.23% nickel, for a total of 0.95 million tonnes of contained nickel and Inferred Resources totalled 599 million tonnes grading 0.22% nickel, for a total of 1.31 million tonnes of contained nickel. The approximate dimensions of the resource are 1.9 kilometres long, 800 metres wide, extending to 500 metres deep and remaining open to the northwest and at depth. An additional 0.5 – 1.0 billion tonnes grading between 0.20% and 0.22% nickel remain as an Exploration Target, pending further drilling. This Exploration Target is based on core drilling by the Company, the geophysical survey on the Project, and the understanding and calculation of the current MRE. Within the resource, a PGM Zone containing an Indicated resource of 7.0 million tonnes grading 0.422 g/t palladium + platinum and an Inferred resource of 7.7 million tonnes grading 0.411 g/t palladium + platinum.

The Exploration Target was derived by modelling the identified nickel sulphide mineralization within the current estimation envelope but outside of the current Mineral Resource Estimate area.

The volume of the modelled Exploration Target area determines the potential tonnage statement in the Exploration Target. The grade range given in the Exploration Target is determined with consideration to the drill core results within the modelled Exploration Target area, consideration of the geological setting in a well understood nickel deposit type where grades are observed and well understood, and based on the experience of the Company and the Qualified Persons. The potential tonnages and grades are conceptual in nature and are based on drill holes and geophysical results that define the approximate length, thickness, depth and grade of the Exploration Target. There has been insufficient exploration to define a current mineral resource and the Company cautions that there is a risk that further exploration will not result in the delineation of a current mineral resource.

Drilling at Mann West was completed in 2023 and 2024. The 2024 campaign successfully completed the goal of infilling previous sections to allow for the definition of an initial mineral resource estimate, gain understanding on the geology of the deposit, as well as systematically collecting samples for mineralogical analysis that have started to help define the potential of nickel recovery (see May 13, 2024 news release).

The Mann West Mineral Resource Estimate was prepared by Caracle Creek International Consulting Inc. in accordance with CIM Estimation of Mineral Resources & Mineral Reserves Best Practice Guidelines (2019) and CIM Definition Standards for Mineral Resources & Mineral Reserves (2014). A Technical Report in support of the Mineral Resource Estimate will be filed on SEDAR+ ( www.sedarplus.ca ) within 45 days of this news release.

Table 1. Initial Total Mineral Resource Estimate (in-pit resources) for the Mann West Nickel Sulphide Deposit.

Class

Tonnage
(Mt)

Ni
(%)

Co
(%)

Fe
(%)

Cr
(%)

Pd
(g/t)

Pt
(g/t)

Ni
(kt)

Co
(kt)

Fe
(Mt)

Cr
(kt)

Pd
(koz)

Pt
(koz)

Indicated

406.1

0.23

0.012

6.5

0.32

0.018

0.013

949

49.1

26.4

1,283

231

166

Inferred

599.1

0.22

0.012

6.7

0.34

0.018

0.013

1,310

73.2

40.4

2,036

339

254

Table 2. Initial PGE Zone Mineral Resource Estimate (in-pit resources) for the Mann West Nickel Sulphide Deposit.

Class

Tonnage
(Mt)

Ni
(%)

Co
(%)

Fe
(%)

Cr
(%)

Pd
(g/t)

Pt
(g/t)

Ni
(kt)

Co
(kt)

Fe
(Mt)

Cr
(kt)

Pd
(koz)

Pt
(koz)

Indicated

7.0

0.04

0.007

5.6

0.40

0.238

0.184

2.7

0.5

0.4

27.9

53.4

41.4

Inferred

7.7

0.04

0.007

5.4

0.39

0.232

0.179

3.1

0.5

0.4

30.2

57.3

44.4

*Totals may not add due to rounding.

Notes to Table 1 and Table 2:

  1. The independent Qualified Person for the Mineral Resource Estimate (‘MRE’), as defined by National Instrument 43-101 (‘NI 43-101’), is Dr. Scott Jobin-Bevans (P.Geo., PGO #0183), of Caracle Creek International Consulting Inc. The effective date of the Mineral Resource Estimate is May 30, 2025.

  2. The quantity and grade of reported Inferred Resources in this MRE are uncertain in nature and there has been insufficient exploration to define these Inferred Resources as Indicated or Measured. However, it is reasonably expected that the majority of Inferred Mineral Resources could be upgraded to Indicated Mineral Resources with continued exploration.

  3. A cut-off grade of 0.10% Ni was used to define potentially economic material for inclusion within the MRE. Cut-offs were determined on the based on core assay geostatistics and drill core lithologies for the deposit, and by comparison to analogous nickel deposit types.

  4. Geological and block models for the MRE used data from a total of 37 surface drill holes, completed by Canada Nickel in 2023 and 2024. The drill hole database was validated prior to resource estimation and QA/QC checks were made using industry-standard control charts for blanks, core duplicates and commercial certified reference material inserted into assay batches by Canada Nickel and by comparison of umpire assays performed at a second laboratory.

  5. Estimates have been rounded to two significant figures.

  6. The MRE was prepared following the CIM Estimation of Mineral Resources Mineral Reserves Best Practice Guidelines (November 29, 2019) and the CIM Definition Standards for Mineral Resources Mineral Reserves (May 19, 2014).

  7. The geological model as applied to the MRE comprises three mineralized domains hosted by variably serpentinized ultramafic rocks: a relatively higher-grade core (dunite), a lower grade (peridotite), and a PGE-rich pyroxenite ‘reef’. Individual wireframes were created for each domain in Leapfrog Geo 2024.1 software.

  8. A 20 m x 20 m x 15 m block model was created, and samples were composited at 7.5 m intervals. Grade estimation from drill hole data was carried out for Ni, Co, Fe, Cr, S, Pd and Pt using the Ordinary Kriging interpolation method in Isatis 2024.04 software.

  9. The MRE has been constrained by a conceptual pit envelope that was developed using the following optimization parameters. Metal prices used were US$21,000/t nickel, US$40,000/t cobalt, US$325/t iron, US$3,860/t chromium, US$1,350/oz palladium, and US$1,150/oz platinum. Different pit slopes were used for each layer (in degrees): 9.5 in overburden, and 40.0 in mineralized rock, and 45 in waste rock. Exchange rate utilized was US$/C$ at $0.76. Mining costs utilized different values for overburden (clay, gravel), and rock mining, ranging from C$1.47 to C$3.53/t mined. Processing costs and general and administration costs for a 120 ktpd operation (similar to the ultimate scope of Crawford) were C$8.30/t. Based on the range of grade and ratio of sulphur to nickel, calculated recovery averages 45% for Ni, 7% for Co, 56% for Fe, 29% for Cr 45% for Pd and 28% for Pd.

  10. Grade estimation was validated by comparison of input and output statistics (Nearest Neighbour and Inverse Distance Squared methods), swath plot analysis, cross-plots of declustered samples against the nearest OK estimate, and by visual inspection of the assay data, block model, and grade shells in cross-sections.

  11. Density estimation was carried out for the mineralized domains using the Ordinary Kriging interpolation method, based on 1,740 specific gravity measurements collected during the core logging process, using the same block model parameters of the grade estimation. As a reference, the average estimated density value within dunite is 2.64 g/cm (t/m ), while the peridotite domain yielded an average of 2.74 g/cm (t/m ), and the PGE ‘reef’ domain an average of 3.05 g/cm (t/m ).

Figure 1. Plan View of Mann West Nickel Sulphide Resources, Mann West Nickel Sulphide Project, Ontario.


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Figure 2. Plan View of the Mann West Resource Categories and Nickel Grade.


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Figure 3. Mann West Nickel Sulphide Project Long-Section (Looking North) of Resource Categories (TOP) and Nickel Grade (BOTTOM).


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Next Steps at Mann West:

  • A technical report with respect to the Mineral Resource Estimate disclosed today will be filed within 45 days.

  • Infill drilling at the property will aim to increase and upgrade inferred resources in the next drilling campaign.

  • Mineralogical and metallurgical analysis will continue to better understand and estimate metal recoveries.

Assays, Quality Assurance/Quality Control and Drilling

Edwin Escarraga, MSc, P.Geo., a ‘Qualified Person’ within the meaning of NI 43-101, is responsible for the on-going drilling and sampling program, including quality assurance (QA) and quality control (QC). The core is collected from the drill in sealed core trays and transported to the secure core logging facility (core shack). The core is marked and sampled at 1.5 metre lengths and cut with a diamond blade saw. One set of samples is transported in secured bags directly from the Canada Nickel core shack to Actlabs Timmins, while a second set of samples is securely shipped to SGS Lakefield for preparation, with analysis performed at SGS Burnaby. All are ISO/IEC 17025 accredited labs and independent of Canada Nickel. Analysis for precious metals (gold, platinum, and palladium) are completed by Fire Assay while analysis for nickel, cobalt, sulphur and other elements are performed using a peroxide fusion and ICP-OES analysis. Certified standards and blanks (QA/QC samples) are inserted at a rate of three QA/QC samples per 20 core samples making a batch of 60 samples that are submitted for analysis.

Qualified Person and Data Verification

Stephen J. Balch (P.Geo. – Ontario), VP Exploration of Canada Nickel and a ‘Qualified Person’ within the meaning of NI 43-101, has verified the data disclosed in this news release, and has otherwise reviewed and approved the technical information in this news release on behalf of Canada Nickel Company Inc.

The magnetic images shown in this news release were created from Canada Nickel’s interpretation of datasets provided by the Ontario Geological Survey.

About Canada Nickel Company

Canada Nickel Company Inc. is advancing the next generation of nickel-sulphide projects to deliver nickel required to feed the high growth electric vehicle and stainless-steel markets. Canada Nickel Company has applied in multiple jurisdictions to trademark the terms NetZero Nickel TM , NetZero Cobalt TM , NetZero Iron TM and is pursuing the development of processes to allow the production of net zero carbon nickel, cobalt, and iron products. Canada Nickel provides investors with leverage to nickel in low political risk jurisdictions. Canada Nickel is currently anchored by its 100% owned flagship Crawford Nickel-Cobalt Sulphide Project in the heart of the prolific Timmins-Nickel District. For more information, please visit www.canadanickel.com.

About Noble Mineral Exploration Inc.

Noble Mineral Exploration Inc. is a Canadian-based junior exploration company, which has holdings of securities in Canada Nickel Company Inc., Homeland Nickel Inc., East Timmins Nickel Inc.(20%), and its interest in the Holdsworth gold exploration property in the area of Wawa, Ontario.

Noble holds mineral and/or exploration rights in ~70,000ha in Northern Ontario, ~14,000ha elsewhere in Quebec and Newfoundland, upon which it plans to generate option/joint venture exploration programs .

Noble holds mineral rights and/or exploration rights in ~18,000 hectares in the Timmins-Cochrane areas of Northern Ontario known as Project 81, ~2,215 hectares in Thomas Twp/Timmins, as well as an additional 20% interest in ~38,700 hectares in the Timmins area and ~175 hectares of mining claims in Central Newfoundland. Project 81 hosts diversified drill-ready gold, nickel-cobalt and base metal exploration targets at various stages of exploration. Noble also holds ~4,600 hectares in the Nagagami Carbonatite Complex and its ~3,200 hectares in the Boulder Project both near Hearst, Ontario, as well as ~3,700 hectares in the Buckingham Graphite Property, ~10,152 hectares in the Havre St Pierre  Nickel, Copper, PGM property, and ~1,573 hectares in the Cere-Villebon Nickel, Copper, PGM property, ~569 hectare Uranium/Rare Earth property (Chateau) and a ~461 hectare Uranium/Molybdenum property (Taser North),  all of which are in the province of Quebec.

Noble’s common shares trade on the TSX Venture Exchange under the symbol ‘NOB.’

More detailed information on Noble is available on the website at www.noblemineralexploration.com .

Cautionary Note and Statement Concerning Forward Looking Statements

This press release contains certain information that may constitute ‘forward-looking information’ under applicable Canadian securities legislation.  Forward looking information includes, but is not limited to, the potential of the Mann West Nickel Sulphide Project, timing for filing a technical report in support of the Mineral Resource Estimate, the significance of drill results, the ability to continue drilling, the impact of drilling on the definition of any resource, timing and completion (if at all) of additional mineral resource estimates, the potential of the Timmins Nickel District, strategic plans, including future exploration and development plans and results, and corporate and technical objectives.  Forward-looking information is necessarily based upon several assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information.  Factors that could affect the outcome include, among  others:  future prices and the supply of metals, the future demand for metals, the results of drilling, inability to raise  the money necessary to incur the expenditures required to retain and advance the property, environmental liabilities  (known  and  unknown), general business, economic, competitive, political and social uncertainties, results of  exploration programs, risks of the mining industry, delays in obtaining governmental approvals, failure to obtain  regulatory or shareholder approvals.  There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information.  Accordingly, readers should not place undue reliance on forward-looking information.  All forward-looking information contained in this press release is given as of the date hereof and is based upon the opinions and estimates of management and information available to management as at the date hereof.  Canada Nickel disclaims any intention or obligation to update or revise any forward-looking information, whether because of new information. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts:

H. Vance White, President

Phone:        416-214-2250

Fax:        416-367-1954

Email: info@noblemineralexploration.com

Investor Relations

Email: ir@noblemineralexploration.com   

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(TheNewswire)

As global demand for rare earth magnets accelerates—driven by electric vehicles, renewable energy systems, and high-performance computing—the need for secure, domestic sources of these critical materials has become a strategic priority for the United States. The article explores how rare earth recycling is emerging as a viable and scalable response to supply chain risks and environmental concerns.

Featured in the article is CoTec Holdings Corp. (TSXV: CTH | OTCQB: CTHCF) , a Vancouver-based company advancing a low-emission, high-efficiency rare earth magnet recycling technology through its U.S. joint venture with HyProMag USA. The company’s process—developed by researchers at the University of Birmingham—uses hydrogen to extract high-purity magnet powder from end-of-life products, eliminating the need for high-temperature smelting or chemical leaching.

CoTec, which owns a majority interest in HyProMag USA, is developing a rare earth magnet recycling facility in the Dallas–Fort Worth region, positioning it to serve U.S. manufacturing and defense industries with domestically sourced materials.

About CoTec

CoTec is a publicly traded investment issuer listed on the TSXV and the OTCQB and trades under the symbols CTH and CTHCF respectively. CoTec is a forward-thinking resource extraction company committed to revolutionizing the global metals and minerals industry through innovative, environmentally sustainable technologies and strategic asset acquisitions. With a mission to drive the sector toward a low-carbon future, CoTec employs a dual approach: investing in disruptive mineral extraction technologies that enhance efficiency and sustainability while applying these technologies to undervalued mining assets to unlock their full potential. By focusing on recycling, waste mining, and scalable solutions, the Company accelerates the production of critical minerals, shortens development timelines, and reduces environmental impact. CoTec’s strategic model delivers low capital requirements, rapid revenue generation, and high barriers to entry, positioning it as a leading mid-tier disruptor in the commodities sector.

For more information, please visit www.cotec.ca.

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