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Federal judge dismisses James Comey, Letitia James indictments

A federal judge threw out the indictments against James Comey and Letitia James on Monday, finding they were illegitimate because they were brought by an unqualified U.S. attorney.

Judge Cameron Currie dismissed the false statements charges against Comey and bank fraud charges against James without prejudice, meaning the charges could be brought again.

‘I conclude that the Attorney General’s attempt to install Ms. Halligan as Interim U.S. Attorney for the Eastern District of Virginia was invalid and that Ms. Halligan has been unlawfully serving in that role since September 22, 2025,’ Currie wrote.

The Department of Justice could appeal the decision or attempt to bring the charges under a different U.S. attorney. Fox News Digital has reached out to the DOJ for comment.

The move to scrap two of the highest-profile criminal cases the DOJ has leveled against President Donald Trump’s political foes comes after the judge voiced skepticism at a recent hearing in Virginia about Lindsey Halligan’s ability to bring the charges as interim U.S. attorney.

Currie, a Clinton appointee based in South Carolina, was brought in from out of state to preside over proceedings about the question of Halligan’s authority because it presented a conflict for the Virginia judges. Comey’s and James’ challenges to Halligan’s appointment were consolidated because of their similarity.

Halligan acted alone in presenting charges to a grand jury days after Trump ousted the prior interim U.S. attorney, Erik Siebert, and replaced him with Halligan. At the same time, Trump urged Attorney General Pam Bondi in a social media post to act quickly to indict Comey, a call that came as the statutes of limitations in his case was about to lapse. Halligan, who had no prior prosecutorial experience when she took over one of the most high-profile federal court districts in the country, was the lone lawyer to present the cases to the grand jury and sign the indictments. No prosecutors from Virginia joined in on the case.

The DOJ has since put its full backing behind Halligan. Bondi attempted to ratify and then re-ratify the indictments after the fact, a move Currie suggested would not have been necessary if Halligan were a valid appointee.

DOJ attorney Henry Whitaker had argued during the hearing that the motions to dismiss Comey’s and James’ cases involved ‘at best a paperwork error.’

James’ attorney Abbe Lowell said Halligan was a ‘private person’ when she entered the grand jury rooms and completely unauthorized to be in them. Currie agreed, saying in her decision that retroactively validating Halligan and her actions would be unheard of.

‘The implications of a contrary conclusion are extraordinary,’ Currie wrote. ‘It would mean the Government could send any private citizen off the street — attorney or not — into the grand jury room to secure an indictment so long as the Attorney General gives her approval after the fact. That cannot be the law.’

This post appeared first on FOX NEWS

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Trump launches ‘Genesis Mission’ to supercharge US scientific AI innovation

President Donald Trump signed an executive order Monday aimed at bolstering U.S. artificial intelligence (AI) initiatives as it unveiled its new ‘Genesis Mission’ to accelerate AI use for scientific purposes. 

The ‘Genesis Mission’ will direct the Department of Energy (DOE) and the Office of Science and Technology Policy (OSTP) and their national labs to work with private companies to share federal data sets, advanced supercomputing capabilities, and scientific facilities. 

‘The private sector has launched artificial intelligence at huge scale, but with a little bit different focus – on language, on business, on processes, on consumer services,’ Secretary of Energy Chris Wright told reporters Monday. ‘What we’re doing here is just pivoting those efforts to focus on scientific discovery, engineering advancements. And to do that, you need the data sets that are contained across our national labs.’ 

Additionally, the executive order instructs the Department of Energy and national labs to create an integrated platform aimed at expediting scientific discovery, in an attempt to connect AI capability with scientists, engineers, technical staff, and the labs’ scientific instruments, according to a White House official.

Trump hinted an effort like this was in the works during the U.S.-Saudi Investment Forum Wednesday in Washington, where he said the U.S. would work ‘to build the largest, most powerful, most innovative AI ecosystem in the world.’

The effort comes after Trump issued an AI policy document called ‘Winning the Race: America’s AI Action Plan’ in July. The document laid out a framework focused on accelerating AI innovation, ensuring the U.S. is the leader in international AI diplomacy and security, and using the private sector to help build up and operate AI infrastructure. 

Meanwhile, the Trump administration is also currently considering other executive orders pertaining to AI, and more executive orders could be on the horizon. 

For example, Fox News Digital previously reported that the White House was gearing up an executive order instructing the Justice Department to sue states that adopt their own laws regulating AI. 

Trump appeared to address the initiative at the U.S-Saudi Investment Forum as well, claiming that a series of AI regulations imposed at the state level would prove a ‘disaster.’

‘And we are going to work it so that you’ll have a one approval process to not have to go through 50 states,’ Trump said. 

Fox News’ Amanda Macias and Dennis Collins contributed to this report. 

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DOJ files motion to unseal Epstein docs in latest step toward release

The Justice Department asked a federal judge to unseal grand jury materials and lift protective orders in the Jeffrey Epstein and Ghislaine Maxwell cases after President Donald Trump signed the Epstein Files Transparency Act.

Signed by Trump on Nov. 19, 2025, the law requires Attorney General Pam Bondi to release all unclassified records, communications and investigative materials related to Epstein within 30 days.

The order allows limited redactions for victim privacy or to protect active investigations, but those must be narrowly tailored and justified in the Federal Register.

The department asked the court to expedite the unsealing of grand jury transcripts and exhibits and to modify orders that block public release of discovery materials.

It argued that Congress explicitly authorized disclosure under the law, overriding the secrecy of grand jury proceedings outlined in the Federal Rules of Criminal Procedure. The law, the DOJ said, also supersedes earlier court rulings that denied unsealing.

The judge in the Maxwell case set a briefing schedule Monday, ordering Maxwell to file her position by Dec. 3. He also directed prosecutors to notify victims, who may submit letters to the court by the same date.

The government has until Dec. 10 to respond, and the judge will rule afterward, though he has not set a specific date. The judge has acknowledged the law’s 30-day release deadline for Bondi.

The House voted 421-1 last Tuesday to release the files after months of pressure from Reps. Thomas Massie, R-Ky., and Ro Khanna, D-Calif. Rep. Clay Higgins, R-La., cast the lone ‘no’ vote, saying the bill ‘reveals and injures thousands of innocent people — witnesses, people who provided alibis, family members, etc.’

House Speaker Mike Johnson, R-La., supported the measure but voiced similar concerns. The Senate passed the bill hours later by unanimous consent.

Trump signed the law amid renewed scrutiny of his past association with Epstein after the Justice Department and FBI said in July they would not unseal related materials, citing the case’s closure.

The law directs the department to release all unclassified records related to Epstein and Maxwell, as well as files referencing individuals in Epstein’s prior cases, trafficking allegations, internal communications and details about his death.

Files containing victims’ names, child sexual abuse material, classified content or information that could affect active investigations may be withheld or redacted.

Bondi said Wednesday she would comply with the law, which requires the department to post the files online in a searchable format within 30 days.

The release has drawn strong interest from Trump supporters who have urged the department to disclose Epstein’s alleged ‘client list’ and details of his death.

While the documents are authentic, Epstein’s statements in the emails remain unverified. They do not allege wrongdoing by Trump and only reference him in passing.

Trump has not been formally accused of misconduct related to Epstein, and no law enforcement records link him to Epstein’s crimes.

Epstein died by suicide in 2019 while awaiting trial on federal sex-trafficking charges. Maxwell was later convicted of similar offenses and is serving a 20-year sentence.

Fox News’ Diana Stancy and Emma Colton contributed to this report.

This post appeared first on FOX NEWS

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Pinnacle Flies LiDAR Survey at El Potrero

(TheNewswire)

LiDAR, or Light Detection and Ranging, is a remote sensing technology that uses laser light to ‘see through’ vegetation and soil cover to measure distances, with 15-30 cm scale accuracy, to underlying rock surfaces.  In this way, it can map out features such as structures and lithological contacts that can be related to mineralization but may not be exposed at surface.  The survey also included colour aerial photography with 10-15 cm resolution that will assist in surface exploration and planning of infrastructure upgrades.

‘Although we have been able to follow and map out the Dos de Mayo vein system along strike for approximately 1,600 metres so far, our geologists are restricted by the amount of outcrop exposure ,’ stated Robert Archer, Pinnacle’s President & CEO.  ‘The LiDAR survey should allow us to ‘connect the dots’ along this structural trend and allow us to better define not only the main vein but parallel and splay veins nearby.  This knowledge, along with additional features such as flexures and fault offsets in the vein structures, will be crucial for interpreting the geological environment and planning the surface drill program.  In addition, LiDAR is known for its ability to detect subtle and sometimes buried features such as old mine workings, overgrown pits and trenches that could lead to the discovery of previously unknown mineralization.’

Qualified Person

Mr. Jorge Ortega, P. Geo, a Qualified Person as defined by National Instrument 43-101, and the author of the NI 43-101 Technical Report for the Potrero Project, has reviewed, verified and approved for disclosure the technical information contained in this news release.

About the Potrero Property

El Potrero is located in the prolific Sierra Madre Occidental of western Mexico and lies within 35 kilometres of four operating mines, including the 4,000 tonnes per day (tpd) Ciénega Mine (Fresnillo), the 1,000 tpd Tahuehueto Mine (Luca Mining) and the 250 tpd Topia Mine (Guanajuato Silver).

High-grade gold-silver mineralization occurs in a low sulphidation epithermal breccia vein system hosted within andesites of the Lower Volcanic Series and has three historic mines along a 500 metre strike length.  The property has been in private hands for almost 40 years and has never been systematically explored by modern methods, leaving significant exploration potential.

A previously operational 100 tpd plant on site can be refurbished / rebuilt and historic underground mine workings rehabilitated at relatively low cost in order to achieve near-term production once permits are in place. The property is road accessible with a power line within three kilometres.

Pinnacle will earn an initial 50% interest immediately upon commencing production.  The goal would then be to generate sufficient cash flow with which to further develop the project and increase the Company’s ownership to 100% subject to a 2% NSR.  If successful, this approach would be less dilutive for shareholders than relying on the equity markets to finance the growth of the Company.

About Pinnacle Silver and Gold Corp.

Pinnacle is focused on the development of precious metals projects in the Americas.  The high-grade Potrero gold-silver project in Mexico’s Sierra Madre Belt hosts an underexplored low-sulphidation epithermal vein system and provides the potential for near-term production . In the prolific Red Lake District of northwestern Ontario, the Company owns a 100% interest in the past-producing, high-grade Argosy Gold Mine and the adjacent North Birch Project with an eight-kilometre-long target horizon . With a seasoned, highly successful management team and quality projects, Pinnacle Silver and Gold is committed to building long -term , sustainable value for shareholders.

Signed: ‘Robert A. Archer’

President & CEO

For further information contact :

Email: info@pinnaclesilverandgold.com

Tel.:  +1 (877) 271-5886 ext. 110

Website: www.pinnaclesilverandgold.com

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release .

Copyright (c) 2025 TheNewswire – All rights reserved.

News Provided by TheNewsWire via QuoteMedia

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Crypto Market Update: Wall Street Pulls Back US$5 Billion as Bitcoin Premium Shrinks

Here’s a quick recap of the crypto landscape for Monday (November 24) as of 9:00 a.m. UTC.

Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrency market news.

Bitcoin and Ether price update

Bitcoin (BTC) was priced at US$86,884.76, down by 1 percent over 24 hours. Its lowest price of the day was US$85,545.99, and its highest was US$87,995.12.

Bitcoin price performance, November 24, 2025.

Chart via TradingView

Ether (ETH) was at US$2,835.53, down 0.2 percent over 24 hours. Its lowest price on Monday was US$2,770.21 and its highest was US$2,881.29.

Altcoin price update

  • XRP (XRP) was priced at US$2.07, up by 1.2 percent over 24 hours. Its lowest price of the period was US$2.03 and its highest was US$2.10.
  • Solana (SOL) was trading at US$130.37, down by 0.7 percent over 24 hours. Its lowest price of the day was US$128.65 and its highest was US$133.96.

Today’s crypto news to know

Wall Street firms scale back MicroStrategy exposure

Fresh filings show major US asset managers cut their exposure to Strategy (NASDAQ:MSTR) (formerly MicroStrategy) through the third quarter, reducing positions by more than US$5 billion as the stock’s premium to its Bitcoin holdings continued to compress.

The company’s mNAV multiple has fallen close to parity as the market reassesses how much extra value investors are willing to assign to a Bitcoin-heavy corporate balance sheet. Pressure intensified after JPMorgan warned clients that MSCI is weighing whether companies with more than half of their assets in crypto should remain eligible for major equity indexes.

Index exclusion would not affect operations, Strategy chairman Michael Saylor said, but it has accelerated debate about the long-term viability of the digital-asset-treasury model.

Filings indicate that investment firms like BlackRock, Vanguard, and Capital International all pared their holdings, even as Bitcoin remained relatively stable earlier in the quarter.

Analysts say institutional investors could continue reducing exposure to corporate BTC proxies if volatility persists, as Bitcoin now faces one of its sharpest drawdowns since 2022.

JPMorgan hit by backlash After new debanking allegations

JPMorgan Chase & Co. (NYSE:JPM) is facing an uproar from Bitcoin advocates after Strike CEO Jack Mallers disclosed that the bank abruptly closed his personal accounts in September without explanation.

According to a report by the The Street, the news came just days after a JPMorgan research note highlighted MSCI’s proposal to exclude companies holding more than 50 percent. of their assets in crypto from its flagship indexes.

The move was widely interpreted as targeting Bitcoin-treasury firms such as Strategy. Crypto advocates quickly labeled the developments a revival of “Operation Chokepoint 2.0,” arguing that major banks and regulators are again restricting access to financial services for digital-asset firms and their executives.

The controversy has prompted calls across Bitcoin forums and social media for a coordinated boycott of JPMorgan, echoing earlier grievances about sudden account closures dating back to 2017.

Michael Burry debuts newsletter after Scion shutdown

Michael Burry, best known for his prescient bet against the US housing market in 2008, has launched a paid Substack newsletter soon after closing his hedge fund, Scion Asset Management.

In his introductory post, Burry emphasized that the move does not mark retirement but rather a shift toward writing without the regulatory constraints that accompany professional money management.

Priced at US$39 per month, the newsletter quickly drew more than 21,000 subscribers. Early essays revisit his trading history during the dot-com era and outline why he views today’s AI-driven boom as a supply-glutted bubble primed for correction.

With Scion now closed, Burry says the newsletter will become his primary outlet for analysis as he continues to track what he views as speculative excess building across technology markets.

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

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

This post appeared first on investingnews.com

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Locksley Strengthens U.S. Defense Supply Chain Strategy with Appointment of Lockhead Martin Materials Leader to Advisory Board

Locksley Resources Ltd. (ASX: LKY,OTC:LKYRF; OTCQX: LKYRF) announced the company has appointed Stacy Newstead to its advisory board as Strategic Advisor-Materials Strategy.

Ms. Newstead brings more than 20 years of experience across U.S. government, defense and industrial sectors. She currently serves as Materials Strategy and Risk Manager at Lockheed Martin, where she leads initiatives to secure domestic and allied sources of key materials vital to U.S. defense manufacturing and national security. Her work focuses on assessing and mitigating material pricing and geopolitical risk across supply chains that underpin critical technologies including munitions, batteries, and aerospace systems. Her prior roles include senior program leadership at Huntington Ingalls Industries and Textron Systems, as well as CEO of the U.S. subsidiary of Evolution Energy Minerals, where she led onshoring initiatives for graphite and advanced battery materials. More information can be found here:  https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-03026929-6A1298599&v=undefined.

‘Stacy’s appointment strengthens Locksley’s ability to engage with U.S. partners and access federal programs supporting domestic critical mineral supply chains,’ said Kerrie Matthews, Locksley CEO. ‘Her deep understanding of defense material supply chains, coupled with her leadership at Lockheed Martin, brings exceptional strategic value to Locksley as we advance our mine-to-market development of American sourced antimony and rare earths.’

Matthews added that Newstead’s perspective on material security and risk is expected to help guide engagement with U.S. industry and government stakeholders as Locksley scales from pilot to commercial operations.

Locksley Resources (https://www.locksleyresources.com.au) is focused on critical minerals in the U.S. The company is actively advancing the Mojave Project in California, targeting rare earth elements (REEs) and antimony. Locksley is executing a mine-to-market strategy for antimony, aimed at reestablishing domestic supply chains for critical materials, underpinned by strategic downstream technology partnerships with leading U.S. research institutions and industry partners. This targeted approach, combined with resource development with innovative processing and separation technologies, positions Locksley to play a key role in advancing U.S. critical materials independence.

Contact: Beverly Jedynak, beverly.jedynak@viriathus.com, 312-943-1123; 773-350-5793 (cell)

View original content:https://www.prnewswire.com/news-releases/locksley-strengthens-us-defense-supply-chain-strategy-with-appointment-of-lockhead-martin-materials-leader-to-advisory-board-302624138.html

SOURCE Locksley Resources

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Harmony Greenlights US$1.75 Billion Eva Copper Mine Bildout

Harmony Gold Mining (NYSE:HMY,JSE:HAR) announced that it has approved development of its Eva Copper project in Queensland after completing an updated feasibility study, with an estimated capital of US$1.75 billion across a three-year window.

The South African miner said Monday (November24) that its board signed off on the Final Investment Decision for the Eva copper project, a 100-percent-owned project in northwest Queensland expected to deliver high margins and a long operating life.

Harmony plans to build a low strip-ratio open-pit mine capable of producing about 65,000 metric tons of copper concentrate annually during its first five years, with an average life-of-mine profile of roughly 60,000 metric tons of copper and 19,000 ounces of gold per year over an estimated 15-year span.

The mine will process about 18 million metric tons of ore per year and carry an all-in sustaining cost of approximately US$2.50 per pound.

CEO Beyers Nel said the feasibility results confirm the company’s shift toward a balanced gold-and-copper portfolio.

“The Eva Copper Feasibility Study delivers a strong, high-confidence outcome that positions Harmony for the next phase of growth as we continue building a high-quality, low-cost portfolio,” he said.

Nel also tied Eva Copper to Harmony’s expanding strategy, pointing to the company’s recently completed MAC Copper acquisition.

“Eva Copper, together with our recent MAC Copper acquisition, creates a compelling platform that brings together the enduring value of gold with the future-facing strength of copper, enhancing cash flow resilience across commodity cycles,” he said.

Last month, Harmony completed its US$1.01 billion acquisition of MAC Copper, giving the company full ownership of the high-grade CSA copper mine in New South Wales.

The company said the purchase builds on its strategic push to strengthen its copper position in Tier-1 jurisdictions. It also expects its two major Australian copper assets to deliver a combined 100,000 metric tons of copper annually once fully commissioned.

Meanwhile, the Eva Copper project was acquired by the company in October 2022 and has since completed 166,000 metres of drilling. The current two-million-metric-ton copper resource underpins the potential for future extensions to the mine’s life.

Harmony anticipates first production in the second half of 2028, a timeline it says aligns with a structural deficit in copper supply that could support stronger prices.

Board approval moves the project into the execution phase. Mobilization to site is expected in the third quarter of fiscal 2026, subject to amendments to the project’s Environmental Authority.

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

This post appeared first on investingnews.com

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FPX Nickel Becomes First Company with British Columbia Exploration Property to Achieve ECOLOGO® Certification, Reinforcing Commitment to Responsible Exploration

 FPX Nickel Corp. (TSXV: FPX) (OTCQB: FPOCF) (‘FPX’ or the ‘Company’) is pleased to announce that it has successfully obtained UL Solutions ECOLOGO® certification, a leading third-party verification program for sustainable practices in the mineral exploration sector.

‘Securing ECOLOGO® certification from UL Solutions is a significant achievement for FPX,’ said Martin Turenne, FPX’s President and CEO. ‘It demonstrates our team’s commitment to going beyond regulatory requirements and embedding sustainable practices into our work. Importantly, this certification underscores our respect for Indigenous rights and the communities where we operate, and reflects our belief that responsible exploration is the foundation of successful project development.’

The ECOLOGO® certification is administered by UL Solutions and is recognized across Canada as a rigorous standard for environmental, social, and governance (‘ESG‘) performance. Designed to promote responsible natural resource development, the ECOLOGO® program assesses exploration companies against criteria such as environmental protection, health and safety, respect for Indigenous rights, and community engagement.

‘Earning UL Solutions ECOLOGO® certification empowers mineral exploration companies to demonstrate independently verified leadership in environmental stewardship,’ said Ranee Valles, director and general manager of the Product Sustainability group at UL Solutions. ‘In an era where transparency drives investor confidence and regulatory compliance is non-negotiable, this certification not only differentiates certified companies in the marketplace but also fosters stronger trust with stakeholders and local communities.’

The certification process involved a comprehensive desktop audit of corporate policies and practices, as well as a field audit conducted during the 2025 Baptiste exploration program, to ensure alignment with leading ESG benchmarks. Significantly, FPX is the first company in Canada to achieve ECOLOGO® certification for a company with operations located outside of Quebec. FPX is also pleased to report that the certification process was completed from July to September 2025, reflecting strong corporate and field ESG policies and practices supporting an efficient and timely audit process.

For First Nations and local communities, ECOLOGO® certification provides assurance that FPX will continue to operate with transparency, accountability, and with a focus on minimizing environmental impacts. For investors, certification represents an additional layer of due diligence, strengthening the Company’s ESG profile and positioning it for success in an evolving investment landscape. FPX believes that responsible exploration is essential to building trusted relationships and to advancing projects that can deliver both economic and social value. The Company will continue to work closely with Indigenous rights holders, regulators, and local communities to ensure its activities align with the sustainability standards and best practices.

About the Baptiste Nickel Project

The Company’s Baptiste Nickel Project represents a large-scale greenfield discovery of nickel mineralization in the form of a sulphur-free, nickel-iron mineral called awaruite (Ni3Fe) hosted in an ultramafic/ophiolite complex.  The absence of sulphur and our ability to connect to the BC Hydro grid means that Baptiste has the potential to be one of the lowest carbon-intensive nickel producers in the world and will produce a very high-grade product that does not require any intermediate smelting or complex refining.  The Baptiste mineral claims cover an area of 453 km2 west of Middle River and north of Trembleur Lake, in central British Columbia.  In addition to the Baptiste Deposit itself, awaruite mineralization has been confirmed through drilling at several target areas within the same claims package, most notably at the Van Target which is located 6 km to the north of the Baptiste Deposit.  Since 2010, approximately US$55 million has been spent on the exploration and development of Baptiste.

FPX has conducted mineral exploration activities to date subject to the conditions of agreements with First Nations and keyoh holders. In 2024, the Province of British Columbia identified the Baptiste Nickel Project as the first project to be included in the Province’s new Critical Minerals Office (‘CMO’) concierge service initiative, a provincial strategy action to enable the prioritization of critical minerals projects in B.C. The CMO initiative is providing an excellent structure to proactively identify and address issues and opportunities ahead of the Project’s entry into the environmental assessment process.

About FPX Nickel Corp.

FPX Nickel Corp. is focused on the exploration and development of the Baptiste Nickel Project, located in central British Columbia, and other occurrences of the same unique style of naturally occurring nickel-iron alloy mineralization known as awaruite.  For more information, please view the Company’s website at https://fpxnickel.com/.

On behalf of FPX Nickel Corp.

‘Martin Turenne’
Martin Turenne, President, CEO and Director

Forward-Looking Statements

Certain of the statements made and information contained herein is considered ‘forward-looking information’ within the meaning of applicable Canadian securities laws. These statements address future events and conditions and so involve inherent risks and uncertainties, as disclosed in the Company’s periodic filings with Canadian securities regulators. Actual results could differ from those currently projected. The Company does not assume the obligation to update any forward-looking statement.

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

SOURCE FPX Nickel Corp.

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/November2025/24/c5350.html

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Glenstar Receives Drill Permit for Phase 2 Program at Green Monster Project

Glenstar Minerals Inc. (CSE: GSTR) (OTCQB: GSTRF) (FSE: VO20) (‘Glenstar’ or the ‘Company’) announces that it has granted a permit by the Bureau of Land Management (the ‘BLM’) to conduct the Phase 2 drill program at its Green Monster Project in southwestern Nevada.

The permit allows the Company to drill nine (9) holes over four (4) locations on the property and will be comprised of approximately 300 metres of strike length exploration. As currently planned, Glenstar will collar two (2) holes in the area of the primary drilling undertaken in the Phase 1 drill program; three (3) holes will focus on the area that is considered the ‘discovery’ zone 150 metres to the west of the primary Phase 1 drill site, and two (2) holes each at two (2) sites will be situated further west along what is believed to be the mineralized east-west trending belt.

The precise location of each drill hole is yet to be determined and will be decided upon review of the data gleaned from the previously announced Hybrid-Source Audio-Magnetotellurics Survey (the ‘HSAMT‘ or ‘Survey‘) that was conducted by Hasbrouck Geophysics, Inc. (‘Hasbrouck‘) of Prescott, Arizona and Advantage Geophysics, Inc. (‘Advantage‘) of Phoenix Arizona. This survey has now concluded and the results, along with the various data sets, will be contained in a final report that will be provided to the Company by Hasbrouck. This report is expected to be completed in early December and the results will be instrumental in determining the best, and most advantageous, location for each hole of the Phase 2 drill program.

The survey data was acquired at intervals of 50 metres along 13 lines and was conducted by a 3-person field team from Advantage, in conjunction with Hasbrouck. The data collected is currently being analysed and interpreted using sophisticated software that will convert it into two- and three-dimensional cross-sections in depth and/or elevation formats. The complete data set will be interpolated into a rectangular cube and horizonal depth slices, referenced to the surface. The final report will detail the methodology, data acquisition, processing, modeling, and interpretation of the data (see news release dated October 29, 2025) and will provide Glenstar’s geologic team with the information it needs to best determine the location of each drill hole in the Phase 2 program.

Glenstar CEO, Dave Ryan, stated, ‘The completion of the geophysical field work is an important milestone. Once we have the final report from Hasbrouck we will use this data to target sulfide facies mineralization in the area of the oxide mineralization that was intersected last summer.’

Project Background & Recent Exploration Work

The Green Monster Property is comprised of 35 federal lode claims covering ~700 acres located in Clark County, Nevada, on the west trending spur of the Spring Mountains and is approximately 40 miles southwest of Las Vegas. Until the recent drill program in May of 2025, no drilling was ever conducted on the property, but the Company’s previous identification of robust nickel-copper with anomalous cobalt from sampling work done in 2022 indicated that several targets were ideal for shallow RC drilling (see news releases dated May 28, 2025, and July 16, 2025).

Glenstar acquired the Green Monster Property and conducted initial groundwork in 2022 that included reconnaissance geologic mapping, surface rock sampling, soil sampling, and a drone magnetic survey. Channel sampling across the exposed back of a raise off the main shaft returned 1.18 meters of 3.77% Cu (Copper), 3.06% Ni (Nickel), 0.21% Co (Cobalt) and 6.83% Zn (Zinc). These values are well in excess of select dump samples from historical underground workings and represent in-place, vein style mineralization. Sampling of oxide and sulfide bearing boulders directly downhill of the patented workings has confirmed the presence of very high zinc (>10%) and silver (>200ppm), as well as copper, uranium, and lead. (Sampling results provided above were previously published in the Green Monster Project NI 43-101 Technical Report dated June 20, 2023, Section 7.5).

About Glenstar Minerals Inc.

Glenstar is a mineral exploration company with a focus on polymetallic minerals. These elements are classified as critical minerals and are essential in the manufacturing of sophisticated electronics and other vital energy technologies. The Company’s mission is to leverage its knowledge and connections to explore, acquire, and develop critical mineral and energy metal properties throughout the world.

Glenstar’s shares trade on the Canadian Securities Exchange (CSE) under the symbol ‘GSTR’, on the Frankfurt Stock Exchange under the symbol ‘VO20’, and on the Over-the-Counter market (OTCQB) in the United States under the symbol ‘GSTRF’.

Robert Marvin, P.Geo (ONT) is the qualified person as defined by National Instrument 43-101 and is the independent consulting geologist for Glenstar Minerals Inc., who has examined the Green Monster and Wildhorse properties on the ground numerous times since 2022 and 2024 respectively. All fieldwork relating to geologic observations and sampling as reported herein, has been directly overseen by Mr. Marvin who supervised the preparation of, and has reviewed and approved, the technical information in this release.

ON BEHALF OF THE BOARD,

‘David Ryan’
President & CEO

Further information regarding the Company can be found on SEDAR+ at www.sedarplus.ca, by visiting the Company’s website at www.glenstar.ca or by contacting the Company directly at 604-449-2810.

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

Cautionary Statement Regarding Forward-Looking Information Certain information contained in this news release constitutes ‘forward-looking information’ or ‘forward-looking statements’ (collectively, ‘forward- looking information’). Without limiting the foregoing, such forward-looking information includes statements regarding the process and completion of any Offering, the use of proceeds of the Offering and any statements regarding the Company’s business plans, expectations and objectives. In this news release, words such as ‘may’, ‘would’, ‘could’, ‘will’, ‘likely’, ‘believe’, ‘expect’, anticipate’, ‘intend’, ‘plan’, ‘estimate’ and similar words and the negative form thereof are used to identify forward-looking information.

Forward-looking information should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether, or the times at or by which, such future performance will be achieved. Mineral exploration is subject to risks and uncertainties and there is no assurance that any potential results or findings that may be suggested in this press release will ultimately happen. Forward-looking information is based on information available at the time and/or the Company management’s good faith belief with respect to future events and is subject to known or unknown risks, uncertainties, assumptions and other unpredictable factors, many of which are beyond the Company’s control. For additional information with respect to these and other factors and assumptions underlying the forward-looking information made in this news release, see the Company’s most recent Management’s Discussion and Analysis and financial statements and other documents filed by the Company with the Canadian securities commissions and the discussion of risk factors set out therein. Such documents are available at www.sedarplus.ca under the Company’s profile and on the Company’s website. The forward-looking information set forth herein reflects the Company’s expectations as at the date of this news release and is subject to change after such date.

This release may contain certain forward‐looking statements with respect to the financial condition, results of operations and business of the Company and certain of the plans and objectives of the Company with respect to the same. By their nature, forward‐looking statements involve risk and uncertainty because they relate to events and depend on circumstances that will occur in the future and there are many factors that could cause actual results and developments to differ materially from those expressed or implied by these forward‐looking statements.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any state in the United States in which such offer, solicitation or sale would be unlawful. The securities referred to herein have not been and will not be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. This release may contain statements within the meaning of safe harbour provisions as defined under securities laws and regulations. We seek safe harbour.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/275670

News Provided by Newsfile via QuoteMedia

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Barrick Regains Control of Mali Gold Mine

Barrick Mining (TSX:ABX,NYSE:B) has taken a major step toward ending its months-long standoff with Mali, confirming a deal that will restore its control over one of Africa’s most productive gold operations.

After reports that the two sides had reached an agreement in principle circulated last week, Barrick confirmed on Monday (November 24), it will withdraw its arbitration claim at the World Bank’s dispute-resolution center.

Mali’s government has committed to dropping all charges, releasing detained employees and returning full operational authority for the Loulo-Gounkoto complex.

Tensions spiked in January when Mali’s military government halted gold exports, detained senior Barrick personnel and seized several tonnes of gold from the site.

A local court later appointed former health minister Soumana Makadji to run the operation under state oversight, effectively pushing Barrick out of a mine it has long managed through a joint venture.

The agreement marks a significant reversal of that intervention and paves the way for Loulo-Gounkoto to return to normal operations.

Production only resumed in late October after a separate deal to restart payments to local contractors, though at that time Barrick did not comment publicly on the arrangement.

Monday’s settlement with the government now sets the stage for a full restoration of the joint venture.

The breakthrough also comes as the company faces intensifying pressure on multiple fronts, as activist investor Elliott Investment Management has recently acquired a major stake worth at least US$700 million in the company.

Elliott is known for forcing corporate overhauls in the mining sector, and its arrival has sharpened scrutiny of Barrick’s performance after a year marked by falling production and rising costs.

The company has lagged peers despite record-high gold prices, with analysts citing the setbacks in Mali, ongoing concerns around the massive Reko Diq project in Pakistan, and turbulence in the executive ranks.

That turbulence erupted publicly in September with the abrupt exit of longtime chief executive Mark Bristow, whose relationship with Barrick chair John Thornton had reportedly deteriorated after years of missed guidance and strategic disagreements.

Sources told the Financial Times the two had barely been speaking by the time headhunters were commissioned to evaluate successors.

Interim chief executive Mark Hill has been trying to stabilize the company with a sweeping reorganization. In an internal memo reviewed by Bloomberg, he said Barrick would fold the Pueblo Viejo mine into its North American division and merge its Latin America and Asia Pacific operations.

He also announced leadership changes to sharpen the focus on Barrick’s Nevada mines, one of the company’s most valuable assets but also the site of serious safety lapses this year.

The restructuring has revived speculation about whether Barrick could eventually split its portfolio into separate companies or become a takeover target.

Currently, the company trades at a lower valuation multiple than rivals, making its assets particularly attractive if separated into a North America-focused unit and other housing operations in Africa, Latin America and the Asia Pacific region.

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

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