Author

admin

Browsing

Leading members of President Donald Trump’s political team met Wednesday behind closed doors with House Republicans to offer what’s being described as a ‘clear and simple’ message to sell the GOP’s sweeping domestic policy package to Americans.

The sales pitch, from top Trump pollster Tony Fabrizio, senior Trump political aide James Blair, and White House press secretary Karoline Leavitt, is part of an ongoing effort by the president and his team to rebrand the massive tax cuts and spending measure, which polls indicate isn’t popular with Americans.

‘The best marketer out there is our president,’ National Republican Congressional Committee (NRCC) chair Rep. Richard Hudson of North Carolina told Fox News’ Aishah Hasnie following the meeting.

Hudson noted that Trump ‘used the name One Big Beautiful Bill to help get it passed. And now, to try and explain to the American people, he’s suggesting we call it the Working Families Tax Cut, which is exactly what it is. It’s a big component of it.’

But the Democratic Congressional Campaign Committee (DCCC) argued that ‘the so-called rebrand of the Big, Ugly Law is an admission that the GOP’s signature legislative ‘achievement’ is a toxic failure.’

‘Only Republicans seem surprised that ripping away health care and gutting rural hospitals just to hand billionaires a massive tax break is completely out of step with what the American people want,’ DCCC spokesperson Justin Chermol claimed in a statement to Fox News Digital.

The package narrowly passed through the Republican-controlled Congress earlier this summer, nearly entirely along party lines, and Trump signed it into law during a July 4 ceremony at the White House.

For months, Trump touted his Big Beautiful Bill, but at a Cabinet meeting last week he seemed to acknowledge the difficult sales job he and his party face.

‘I’m not going to use the term great, big, beautiful – that was good for getting it approved, but it’s not good for explaining to people what it’s really about,’ Trump said.

And he described the package as a ‘major tax cut for workers.’

The measure is stuffed full of Trump’s 2024 campaign trail promises and second-term priorities on tax cuts, immigration, defense, energy and the debt limit. 

It includes extending the president’s signature 2017 tax cuts, which were set to expire later this year, and eliminating taxes on tips and overtime pay. 

The shift in branding that Trump noted last week has already been reflected by Vice President JD Vance, who has been stopping in key 2026 midterm states to sell the measure.

At his earlier stops on his tour, Vance called the package the ‘One Big Beautiful Bill.’ But the vice president now refers to the measure repeatedly as the ‘Working Families Tax Cut.’

The package also provides billions for border security and codifies the president’s sweeping and controversial immigration crackdown.

And the new law also restructures Medicaid — the almost 60-year-old federal program that provides health coverage to roughly 71 million low-income Americans. 

The changes to Medicaid, as well as cuts to food stamps, another one of the nation’s major safety net programs, were drafted in part as an offset to pay for extending Trump’s tax cuts. The measure includes a slew of new rules and regulations, including work requirements for many of those seeking Medicaid coverage.

The nonpartisan Congressional Budget Office estimates the new law could result in roughly 10 million people losing health coverage, and $3.4 trillion added to the nation’s already massive federal deficit. Republicans dispute those projections.

Regardless, some Republican House members who’ve held town halls this summer have faced vocal constituents angry over the social safety net cuts in the GOP’s measure.

And Democrats for months have repeatedly blasted Republicans over those social safety net changes. They charge it will gut Medicaid, forcing rural hospitals and nursing homes to close their doors. 

‘Rural hospitals were already on the brink of collapse thanks to Donald Trump, but now he has put the last nail in the coffin for rural hospitals with his billionaire budget bill,’ Democratic National Committee (DNC) chair Ken Martin claimed.

Republicans have pushed back on the Democrats’ criticism.

‘Overall, most people’s awareness comes from the lies they’ve heard from Democrats and our mainstream media. But when they hear the details of what’s in the actual bill, it’s very, very popular,’ Hudson told Fox News.

According to sources in the room, the president’s political advisers urged House Republicans to court low-propensity Trump voters who supported the president in 2024 but traditionally don’t turn out for midterm elections. 

The GOP is aiming to defend its fragile House majority in next year’s midterms, when the party in power normally faces political headwinds and ends up losing congressional seats. 

‘We got a lot of good information about where voters are on the working families tax cuts,’ Hudson said.

And the NRCC chair highlighted, ‘There’s a segment of our voting population that only vote in presidential elections. There’s also a very specific group that show up for President Trump.’

‘I don’t need all of them to show up, but I need some of them to show up. And the good news is, we know who they are. We know what they care about. And the message today was, communicate with them and let them know what we’re doing,’ Hudson said.

This post appeared first on FOX NEWS

The House Budget Committee has begun having early discussions on a second Republican megabill, eyeing more potential reforms to Medicaid, sources told Fox News Digital.

Republicans on the panel are expected to hold closed-door talks in the coming days, as lawmakers return from the August recess, three people familiar with the matter said. 

Two sources familiar with discussions said the committee has begun early talk on mapping out further reforms to Medicaid, including revisiting and modifying measures that did not make the Senate’s final version of the bill. 

‘I think you can kind of put this puzzle together, but I think we were talking about things that last time didn’t go through,’ one person said.

Rep. Ralph Norman, R-S.C., said committee Republicans would meet this week to discuss ‘Medicaid reform.’

‘Same thing we debated before, same thing that we were fighting for,’ Norman told Fox News Digital. ‘I don’t know that the appetite is there right now, but we’ll see.’

Rep. Jodey Arrington, R-Texas, chair of the House Budget Committee, confirmed to Fox News Digital that his panel had begun laying the groundwork for a second reconciliation package.

‘Reversing the curse is a continuous effort when you’re $36-plus trillion in the hole,’ Arrington said, referencing the national debt. ‘It’s going to take more than one reconciliation bill to get out of it. So that process is underway.’

He added that details remain fluid, with ongoing talks between his committee and leaders of other House panels on what should be included.

When asked about Medicaid specifically, Arrington said he supported proposals potentially blocking federal dollars from covering transgender medical procedures and from going to illegal immigrants.

‘I’d be shocked if those don’t go back in, in some form,’ he said. ‘They also happen to be 80-20 issues, like 80% of the American people would expect that that already happens and are shocked that it’s not happening.’

Arrington suggested that more contentious ideas, such as altering the federal-state cost sharing ratio for Medicaid — known as FMAP — would likely not be central to the new bill. Conservative Republicans had pushed for changes to FMAP during the first reconciliation effort, but the proposal divided the party.

‘I guess the two big ones would be the transgender procedures and then prohibiting states from using federal funding, which is fungible, to support their extending Medicaid services to illegals. Those are absolutely two that should be included,’ Arrington said. 

‘The FMAP is, it’s unfortunately an unfair situation set up by Democrats through the Obamacare expansion, and I think a lot of members feel like it should be addressed. But again, it was debated, and it wasn’t included in the first one, so I don’t know how much time we’ll be spending on it.’

Republicans have long argued that Medicaid is plagued by waste, fraud, and abuse, framing reforms as necessary to protect benefits for the most vulnerable.

Any final decisions on policy related to Medicaid would have to go through the House Energy & Commerce Committee, which has jurisdiction over federal healthcare programs. 

A spokesperson for that committee told Fox News Digital, ‘Energy and Commerce Republicans have not proposed policies to be considered for a potential second reconciliation effort.’

The first reconciliation bill — signed into law on July 4 — advanced several of President Donald Trump’s campaign priorities, including tax cuts on tipped and overtime wages, increased immigration enforcement, and rollbacks of green energy initiatives.

Trump branded the package his ‘one big, beautiful bill,’ though he later sought to shift that to reflect its middle- and working-class tax relief. The legislation also imposed 20-hour-per-week requirements for some able-bodied adults on Medicaid and strengthened work requirements for federal food benefits.

The White House has not been making a public push for a second bill, however.

Democrats have seized on the GOP’s Medicaid proposals as a political weapon, accusing Republicans of pushing millions off the program to fund tax breaks for the wealthy. GOP lawmakers have pushed back on that charge and even accused Democrats of lying about the bill.

The path forward remains uncertain, however, with skepticism about whether both chambers have the appetite for another reconciliation bill. 

The first package, though a major GOP victory, took months of negotiation and internal wrangling.

House Minority Leader Hakeem Jeffries, D-N.Y., declined to directly assess the odds of a second reconciliation bill when asked Tuesday.

‘If we’re going to go down the road of a second reconciliation bill, we suggest cancel the healthcare cuts and save our hospitals,’ Jeffries said. ‘That should be the focus of a second reconciliation bill. It’s something that Democrats will broadly support.’

Budget reconciliation allows the party in power to pass vast pieces of policy legislation while sidelining opposition, in this case Democrats, by lowering the Senate’s passage threshold from 60 votes to 51. It can only be used three times in a single congressional term.

This post appeared first on FOX NEWS

Leading members of President Donald Trump’s political team met Wednesday behind closed doors with House Republicans to offer what’s being described as a ‘clear and simple’ message to sell the GOP’s sweeping domestic policy package to Americans.

The sales pitch, from top Trump pollster Tony Fabrizio, senior Trump political aide James Blair, and White House press secretary Karoline Leavitt, is part of an ongoing effort by the president and his team to rebrand the massive tax cuts and spending measure, which polls indicate isn’t popular with Americans.

‘The best marketer out there is our president,’ National Republican Congressional Committee (NRCC) chair Rep. Richard Hudson of North Carolina told Fox News’ Aishah Hasnie following the meeting.

Hudson noted that Trump ‘used the name One Big Beautiful Bill to help get it passed. And now, to try and explain to the American people, he’s suggesting we call it the Working Families Tax Cut, which is exactly what it is. It’s a big component of it.’

But the Democratic Congressional Campaign Committee (DCCC) argued that ‘the so-called rebrand of the Big, Ugly Law is an admission that the GOP’s signature legislative ‘achievement’ is a toxic failure.’

‘Only Republicans seem surprised that ripping away health care and gutting rural hospitals just to hand billionaires a massive tax break is completely out of step with what the American people want,’ DCCC spokesperson Justin Chermol claimed in a statement to Fox News Digital.

The package narrowly passed through the Republican-controlled Congress earlier this summer, nearly entirely along party lines, and Trump signed it into law during a July 4 ceremony at the White House.

For months, Trump touted his Big Beautiful Bill, but at a Cabinet meeting last week he seemed to acknowledge the difficult sales job he and his party face.

‘I’m not going to use the term great, big, beautiful – that was good for getting it approved, but it’s not good for explaining to people what it’s really about,’ Trump said.

And he described the package as a ‘major tax cut for workers.’

The measure is stuffed full of Trump’s 2024 campaign trail promises and second-term priorities on tax cuts, immigration, defense, energy and the debt limit. 

It includes extending the president’s signature 2017 tax cuts, which were set to expire later this year, and eliminating taxes on tips and overtime pay. 

The shift in branding that Trump noted last week has already been reflected by Vice President JD Vance, who has been stopping in key 2026 midterm states to sell the measure.

At his earlier stops on his tour, Vance called the package the ‘One Big Beautiful Bill.’ But the vice president now refers to the measure repeatedly as the ‘Working Families Tax Cut.’

The package also provides billions for border security and codifies the president’s sweeping and controversial immigration crackdown.

And the new law also restructures Medicaid — the almost 60-year-old federal program that provides health coverage to roughly 71 million low-income Americans. 

The changes to Medicaid, as well as cuts to food stamps, another one of the nation’s major safety net programs, were drafted in part as an offset to pay for extending Trump’s tax cuts. The measure includes a slew of new rules and regulations, including work requirements for many of those seeking Medicaid coverage.

The nonpartisan Congressional Budget Office estimates the new law could result in roughly 10 million people losing health coverage, and $3.4 trillion added to the nation’s already massive federal deficit. Republicans dispute those projections.

Regardless, some Republican House members who’ve held town halls this summer have faced vocal constituents angry over the social safety net cuts in the GOP’s measure.

And Democrats for months have repeatedly blasted Republicans over those social safety net changes. They charge it will gut Medicaid, forcing rural hospitals and nursing homes to close their doors. 

‘Rural hospitals were already on the brink of collapse thanks to Donald Trump, but now he has put the last nail in the coffin for rural hospitals with his billionaire budget bill,’ Democratic National Committee (DNC) chair Ken Martin claimed.

Republicans have pushed back on the Democrats’ criticism.

‘Overall, most people’s awareness comes from the lies they’ve heard from Democrats and our mainstream media. But when they hear the details of what’s in the actual bill, it’s very, very popular,’ Hudson told Fox News.

According to sources in the room, the president’s political advisors urged House Republicans to court low-propensity Trump voters who supported the president in 2024 but traditionally don’t turn out for midterm elections. 

The GOP is aiming to defend its fragile House majority in next year’s midterms, when the party in power normally faces political headwinds and ends up losing congressional seats. 

‘We got a lot of good information about where voters are on the working families tax cuts,’ Hudson said.

And the NRCC chair highlighted, ‘There’s a segment of our voting population that only vote in presidential elections. There’s also a very specific group that show up for President Trump.’

‘I don’t need all of them to show up, but I need some of them to show up. And the good news is, we know who they are. We know what they care about. And the message today was, communicate with them and let them know what we’re doing,’ Hudson said.

This post appeared first on FOX NEWS

The Restoration of America Foundation (ROAF) is calling on the Senate Finance Committee to hold Health and Human Services Secretary Robert F. Kennedy Jr. accountable at Thursday’s 10 a.m. hearing, demanding answers about the removal of safety protocols for the abortion pill mifepristone.

In a letter provided exclusively to Fox News Digital, ROAF argues the rollback leaves women more vulnerable and shifts costs to taxpayers.

ROAF argues that the Biden-era rollback of Risk Evaluation and Mitigation Strategy (REMS) requirements, safeguards in place for more than two decades, endangers women by allowing abortion pills to be prescribed via telehealth and delivered through the mail.

‘The removal of key Risk Evaluation and Mitigation Strategy (REMS) requirements for mifepristone has eliminated essential safeguards that protected women’s health for over two decades,’ said Doug Truax, founder and CEO of the Restoration of America Foundation. ‘We urge the Senate to demand clear answers about why these safety protocols were removed and when they will be reinstated.’

The Food and Drug Administration originally required mifepristone to be dispensed in person to ensure women were screened for potential complications such as ectopic pregnancy. That changed under the Biden administration, when telehealth prescribing and mail-order delivery were permitted for the first time.

Truax warned that ‘allowing these powerful drugs to be ordered online and sent through the mail without proper medical screening puts women at serious risk.’ He added, ‘Women deserve to know about potential complications and have immediate access to emergency care if needed.’

This post appeared first on FOX NEWS

The U.S. military is strengthening its Navy presence near Venezuela, as President Donald Trump seeks to stop the flow of drug trafficking from the Latin American country.

U.S. naval and air assets have been sent to the region to take on drug trafficking and protect regional maritime routes, with some already used this week to target alleged narco-terrorists.

A Marine strike on Tuesday struck a vessel in the southern Caribbean Sea while allegedly carrying members of Tren de Aragua smuggling narcotics headed for the U.S.

Secretary of Defense Pete Hegseth has deployed several assets to the region, including USS Iwo Jima, USS Lake Erie, USS Jason Dunham, USS Gravely and USS Sampson, to target criminal organizations and narco-terrorism, Fox News can confirm.

‘In support of the President’s directive to dismantle Transnational Criminal Organizations (TCOs), Foreign Terrorist Organizations (FTOs), and counter narco-terrorism to defend the homeland, the Secretary of Defense directed the Iwo Jima Amphibious Ready Group/22nd Marine Expeditionary Unit and the Ticonderoga-class guided-missile cruiser USS Lake Erie (CG 70) to the U.S. Southern Command (USSOUTHCOM) area of responsibility (AOR),’ Col. Chris Devine, a spokesman for the Defense Department, told Fox News.

‘Arleigh Burke-class guided-missile destroyers USS Jason Dunham (DDG 109), USS Gravely (DDG 107), USS Sampson (DDG 102) and embarked U.S. Coast Guard Law Enforcement Detachment teams are currently operating in the region,’ he continued.

Hegseth also sent air assets ‘to strengthen U.S. whole-of-government detection, monitoring, and interdiction capabilities to sustain pressure on TCO networks throughout the region,’ according to Devine.

‘The enhanced U.S. force presence in the USSOUTHCOM AOR  will bolster U.S. capacity to detect, monitor, and disrupt illicit actors and activities that compromise the safety and prosperity of the United States homeland and our security in the Western Hemisphere,’ he said. ‘These forces will enhance and augment existing Joint Interagency Task Force – South and USSOUTHCOM capabilities to disrupt narcotics trafficking and degrade and dismantle TCOs and FTOs.’

This post appeared first on FOX NEWS

The Trump administration asked the Supreme Court Wednesday to quickly make a decision on whether President Donald Trump has the authority to impose his sweeping tariffs under federal emergency law.

This appeal is a result of a federal appeals court ruling 7-4 that a vast majority of Trump’s tariffs were illegal according to the 1977 International Emergency Economic Powers Act even though it allowed the duties to remain until the case was resolved.

Many states and small businesses challenged Trump’s tariffs in a lawsuit saying they were causing serious economic harm.

‘These unlawful tariffs are inflicting serious harm on small businesses and jeopardizing their survival,’ said Jeffrey Schwab, an attorney with the Liberty Justice Center.

The Trump administration, however, countered the appeal, arguing that striking down the tariffs could cause serious economic harm.

‘That decision casts a pall of uncertainty upon ongoing foreign negotiations that the President has been pursuing through tariffs over the past five months, jeopardizing both already negotiated framework deals and ongoing negotiations,’ the Trump administration argued in its appeal. ‘The stakes in this case could not be higher.’

Officials also pointed out that the levies have raised $159 billion since late August, a figure that has more than doubled from the previous year.

Although the Constitution does give Congress the power to set tariffs throughout the years many lawmakers have delegated those authorities to the White House. Although Trump has been seen to use this to his advantage, some of his duties on steel, aluminum, autos, and earlier tariffs on China were left in place by former President Joe Biden and are not part of this case.

Legal experts have noted that the government has also warned that if the courts strike down these tariffs, the U.S. Treasury could be forced to refund billions that have already been collected.

The Supreme Court is expected to decide soon on whether they will take up the case directly, which will potentially set up a major ruling on the limits of presidential power over trade.

This post appeared first on FOX NEWS

President Donald Trump’s America First trade agenda is working, and China is feeling the heat.  

While the legacy media has spent months lying about slow growth, Trump’s tariff agenda is already reshaping how the U.S. competes with China — and America’s industrial and agricultural sectors are benefiting as a result. New tariff protections are prompting the reshoring of critical production and strengthening the U.S. economy. 

The president has so far sent a clear message: the days of America propping up Beijing’s rise are over. Thanks to Trump’s leadership, we’re finally winning again. U.S. manufacturing is rebounding, investment is flowing into strategic industries and American farmers are getting the protection they need from unfair Chinese competition and emerging bio-threats.  

For years, the Chinese Communist Party (CCP) has targeted the foundations of our economy, hollowed out our manufacturing sector, cheated our farmers and manipulated global markets with impunity.  

Under the Biden administration, Washington operated on the belief that economic engagement with China would bring reform and stability. That bet never paid off. Instead, we’ve seen mass intellectual property theft, industrial manipulation, and an alarming pattern of biosecurity breaches that could seriously harm American agriculture and our food supply. 

U.S. federal prosecutors recently revealed that a fungus called ‘Fusarium graminearum’ was illegally trafficked into the country by individuals connected to CCP-aligned research institutions. This fungus is a well-known biological agent that renders crops inedible, threatens livestock and causes reproductive damage to humans and livestock. This wasn’t a minor violation or mistake; it was a coordinated effort to smuggle a dangerous agricultural pathogen onto U.S. soil to wreak havoc on our food supply chain and public health. 

Those involved included two Chinese nationals who were tied to American research institutions. The potential consequences of their actions were anything but small — as American farms and food systems could have suffered widespread contamination, economic loss, and long-term damage. 

Unfortunately, this isn’t an isolated episode. Just last year, five Chinese nationals were caught surveilling a U.S. military site in Michigan. Additionally, the Federal Bureau of Investigation (FBI) reported that in recent years, numerous Chinese college-age individuals have been caught taking photos of vital defense sites in the U.S. Taken together, these incidents point to something bigger than isolated wrongdoing. They suggest an ongoing strategy aimed, originating in Beijing, at weakening key sectors of the American economy from the inside out. 

This is why America must protect our supply chain and produce our most crucial farm inputs here at home. In a recent poll by the Protecting America Initiative, 71% of Americans said they would like to see our farm inputs, like pesticides, produced domestically instead of relying on imports from China. 

So, what are we doing to combat this growing and very serious threat? 

Thankfully, we have a leader who is taking this challenge seriously. Trump’s policies have reshaped how the United States deals with China and the results are starting to show.  

With Trump’s America First tariff agenda, the world is seeing that the U.S. is no longer afraid to defend its own interests.  

When Europe was flooding our markets and ripping off the U.S. with unfair trade deals, Trump didn’t hesitate; he hit back with tariffs. For the first time in years, the EU stopped treating American markets like a dumping ground. They came to the table, and American industries got breathing room. 

Now, Trump is using that same proven strategy to take on the CCP. He is restoring balance to a relationship that for too long has tilted in China’s favor. 

China, like the European Union before it, is learning that the days of taking advantage of the American economy are coming to an end. When these deals are finalized, both Beijing and Brussels will be operating on terms that respect U.S. workers, innovation and strength. 

Just last year, five Chinese nationals were caught surveilling a U.S. military site in Michigan. 

Trump’s bold tariff agenda isn’t only a winning economic policy; it’s a national security imperative. It protects our farmers, revitalizes our factories and sends a message to the world that America will never be bullied or bought.  

The path to a stronger America runs through tough trade enforcement, and President Trump is the one who is leading us there. 

This post appeared first on FOX NEWS

Cloudbreak Discovery Plc (LSE: CDL), a London Stock Exchange Main Market listed company, is pleased to announce the acquisition of the Paterson Gold-Copper-Molybdenum Project (‘The Paterson Project’), that covers 888km2 in the Paterson Province of Western Australia, located only 40km southwest of the Telfer Gold-Copper Mine operated by Greatland Gold Plc (Figure 1).

Highlights:

  • The Paterson Project covers 888km2 of granted Exploration tenure, 40km south west of Greatland Gold Plc’s (GGP London and ASX) Telfer Gold Copper Mine. Telfer has produced 15Moz of gold and combined with Havieron hosts a total of 10.2Moz Au in resources.
  • Drilling last completed in 1987 with multiple significant drilling intercepts including:
    • 17m @ 1.6% Cu, 317ppm Mo from 84m (87WDRC2)
      • Including 9m @ 2.6% Cu, 456ppm Mo
    • 9m @ 2.0% Cu, 0.14g/t Au, 272ppm Mo from 84m (87WDRC6)
      • Including 5m @3.1% Cu, 0.20g/t Au, 430ppm Mo
    • 11m @ 1.5% Cu, 0.10g/t Au, 181ppm Mo from 83m (87WDRC8)
      • Including 7m @ 2.1% Cu, 0.15g/t Au, 250ppm Mo
    • 13m @ 1.1% Cu, 0.29g/t Au from 107m (87WDRC14)
      • Including 6m @ 2.0% Cu, 0.27g/t Au
    • 8m @ 0.7% Cu, 310ppm Mo from 98m (87WDRC7)
    • Including 1m @ 3.3% Cu, 0.22g/t Au, 560ppm Mo
  • Historic exploration looking for copper not gold
  • Significant drilling intercepts are shallow and can be targeted using RC drilling
  • Multiple geophysical targets identified which are yet to be drill tested
  • Targets associated with magnetic lows and gravity highs
  • Mobile MT, a technique utilised by industry players and the Telfer Mine in the Paterson Province, to be used over the Paterson Project area

Tom Evans, Cloudbreak’s MD, commented; ‘I am excited and delighted we have been able to secure exclusivity on this fantastic opportunity to acquire this asset, in a jurisdiction with significant activity and recent proven success. Located only 40km southwest of the Telfer Gold-Copper Mine operated by Greatland Gold Plc.

Technological advances in geophysics since the 80’s have improved greatly with the success of Mobile MT in the Paterson Province, we intend to start off with this geophysical survey, to use as another vector and data layer to refine and rank drill targets not only for copper but for gold as well.

I am excited, for the Company and its shareholders, as we progress this great opportunity and I look forward to updating the market as our exploration programs progress.’

Location

The Paterson Project (Figure 1) directly surrounds the Kintyre Uranium Deposit and is located 40km south-south-west of Greatland Gold Plc’s Telfer Gold-Copper Mine.

Figure 1: Location Plan

Exploration Completed

The Wanderer Prospect (Figure 2 and 3) was drilled between 1987 and 1990 by CRA (at significantly lower prevailing copper and gold prices) as part of its uranium exploration expenditure across its nearby Kintyre Project. The majority of drilling was only drilled to 100m from the surface, with multiple holes logged as ending in mineralisation. No follow‐up drilling has occurred in the 35 years since then. Forty-two drill holes were drilled at the Wanderer Prospect on E45/5358 tenement.

Multiple significant drilling intercepts include:

  • 17m @ 1.6% Cu, 317ppm Mo from 84m (87WDRC2)
    • Including 9m @ 2.6% Cu, 456ppm Mo
  • 9m @ 2.0% Cu, 0.14g/t Au, 272ppm Mo from 84m (87WDRC6)
    • Including 5m @3.1% Cu, 0.20g/t Au, 430ppm Mo
  • 11m @ 1.5% Cu, 0.10g/t Au, 181ppm Mo from 83m (87WDRC8)
    • Including 7m @ 2.1% Cu, 0.15g/t Au, 250ppm Mo
  • 13m @ 1.1% Cu, 0.29g/t Au from 107m (87WDRC14)
    • Including 6m @ 2.0% Cu, 0.27g/t Au
  • 8m @ 0.7% Cu, 310ppm Mo from 98m (87WDRC7)
    • Including 1m @ 3.3% Cu, 0.22g/t Au, 560ppm Mo

Figure 2: Wanderer Prospect Drill Section

Figure 3: Wanderer Prospect- Drill Collar Plan and Mineralised Trend

Deal Terms

Cloudbreak has paid a A$20,000 option fee to secure two months exclusive due diligence across the Paterson Project. If Cloudbreak elects to proceed, it can acquire a 90% interest in the project via the issue of 330,000,000 shares to Mammoth Minerals Ltd (ASX:M79, ‘Mammoth’). Mammoth is to retain a 10% free carried interest in the Project until the completion of a Definitive Feasibility Study with a positive NPV.

Tenure

The Project consists of three granted exploration licences E45/5358, E45/5391 and E45/6244 covering a land area of 888km2.

The ground is contiguous to the west, of the Cottesloe base-metal project held by Wishbone Gold Plc.

Regional Geology

The Paterson Orogen is a 2,000km long arcuate belt of folded and metamorphosed sedimentary and igneous rocks that range in age from predominantly Palaeoproterozoic to Neoproterozoic with limited outcrops of Archaean rocks.

The eastern margin of the Paterson Orogen is masked by younger Proterozoic to Phanerozoic sedimentary rocks (Officer and Canning Basins) with sedimentary units of the late Proterozoic Savory Basin on-lapping to the southwest. The main outcropping stratigraphic packages across the bulk of the Paterson Project are the lowermost member of the Mesoproterozoic to Neoproterozoic Yeneena Group, the Coolbro Sandstone, and the Paleoproterozoic Rudall Metamorphic Complex.

Local Geology

The Paleoproterozoic Rudall Metamorphic Complex hosts the Central Tenements surrounding the Kintyre Uranium deposit. At and around Kintyre, the prospective Yandagooge Formation outcrops within the Yandagooge Inlier, consisting of a ‘basement high’ of Rudall Metamorphic Complex surrounded by Neoproterozoic sandstone and Permian glacial tillite. The basement sequence has undergone a minimum of four deformation episodes and is unconformably overlain by Neoproterozoic sandstone and conglomerate deposits of the Yeneena Basin, which have seen at least one major deformation episode.

The dominant host-rock to mineralisation at Kintyre is a garnet-rich, chert-banded, calc-silicate magnetite schistose rock, sandwiched between carbonates and shales of the Yandagooge Formation. These are amphibolite facies metamorphosed rocks, later retrogressively metamorphosed to greenschist facies during or prior to the principal mineralisation phase. Late in syn-D3 or during D4 uranium-bearing, hydrothermal fluids were introduced into the system, depositing pitchblende within northeast dipping dilational zones developed in the S3 cleavage.

In the Kintyre area, the Yandagooge Inlier is surrounded by Coolbro Sandstone, which comprises a thick quartz sandstone sequence with intercalated carbonaceous mudstone and shale interbeds (Jackson & Andrew, 1990). The Coolbro Sandstone, which represents the basal formation of the low-grade metamorphic Neoproterozoic Yeneena Supergroup, exhibits a strong slaty cleavage and has been isoclinally folded and deformed around NW trending axes.

The Central Tenements around the Kintyre deposit are predominantly covered by outcropping northwest-southeast trending, northerly dipping, and folded Coolbro sandstone. Aeolian sand covers areas in the west-central and southeast portions of the tenement. It is believed that these areas are directly underlain by an inlier of the Yandagooge Formation Rudall Metamorphics (Jackson & Andrew, 1990). Rudall Metamorphics outcrop in the west-central area and near the south-eastern corner of the tenement. The north eastern edge of the tenement has outcropping northwest-southeast trending, northerly dipping, and folded Broadhurst Formation.

Exploration Potential and Prospectivity

The Paterson Province hosts several major copper and gold operations, including the Nifty copper mine and the world-class Telfer gold mine. More recently, several new copper-gold discoveries have been made at Winu (Rio Tinto) and Havieron (Greatland Resources PLC???).

A review of a compilation of available geophysical data reprocessed using modern techniques highlights multiple anomalies, including a large ‘bullseye’ magnetic anomaly at Wanderer Prospect within the Central Tenements. The Wanderer Copper-Gold Prospect, first discovered by CRA in 1987, reveals the presence of significant copper, gold and molybdenum values in a wide zone of iron‐oxide alteration extending across more than 1 km of strike. In addition, geochemical assemblage (Cu-Au-Mo) is potentially indicative of a porphyry intrusion as the source of mineralisation. Several other targets with low-magnetics/high gravity signatures have been identified.

At a regional scale, the Paterson Province has potential for large intrusive-related copper and gold targets undercover, requiring geophysical methods, such as Mobile MT by Expert Geophysics Limited, that has been successfully used in the Paterson Province as means of primary target identification.

A review of geophysical and structural data (Figure 4), has identified several compelling exploration opportunities around the existing Wanderer copper-gold project.

Figure 4: RTP Magnetics Left and Gravity Right, illustrating numerous coincident magnetic low and gravity high targets

This announcement contains information which, prior to its disclosure, was inside information as stipulated under Regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310 (as amended).

For additional information please contact:

Cloudbreak Discovery PLC

Peter Huljich, Chairman

Tom Evans, Managing Director

Tel: +44 207 887 6139

Tel: +44 7851 703440

Novum Securities (Financial Adviser)

David Coffman / Anastassiya Eley

Tel: +44 7399 9400

About Cloudbreak Discovery PLC

Cloudbreak Discovery PLC is a leading natural resource explorer and project generator. Cloudbreak is focused on mineral exploration and energy opportunities with the aim of bringing near-term cashflow and driving shareholder value.

Through its wholly owned but independently operated subsidiaries, the Company will develop its array of mineral assets, whilst continuing to generate new projects with a particular focus on commodities with high intrinsic value.

Cloudbreak’s generative model across the mineral sector enables a multi-asset approach to investing in the commodity cycle.

Competent Persons Statement

The Information in this report that relates to exploration results, mineral resources or ore reserves is based on information compiled by Mr Edward Mead, who is a Fellow of the Australasian Institute of Mining and Metallurgy. Mr Mead is a consultant to Cloudbreak Discovery Plc and employed by Doraleda Pty Ltd. Mr Mead has sufficient experience which is relevant to the style of mineralisation and type of deposits under consideration and to the activity that he is undertaking to qualify as a Competent Person as defined in the 2012 edition of the `Australian Code for Reporting Exploration Results, Mineral Resources and Ore Reserves’ (the JORC Code). Mr Mead consents to the inclusion of this information in the form and context in which it appears in this report.

Table 1: Significant Assays (>0.3% Cu or 0.3ppm Au)

Hole

From (m)

To (m)

Interval (m)

Cu %

Au

Mo ppm

87WDRC1

25

28

3

0.30%

0

6

87WDRC10

53

54

1

0.31%

0.25

350

87WDRC12

111

115

4

0.70%

0.35

18

87WDRC13

101

102

1

0.34%

0.07

34

87WDRC13

102

103

1

0.35%

0.09

40

87WDRC13

105

106

1

1.11%

0.12

18

87WDRC13

108

109

1

0.45%

0.04

33

87WDRC13

109

110

1

0.88%

0.06

37

87WDRC13

110

111

1

0.63%

0.16

43

87WDRC13

111

112

1

0.83%

0.09

38

87WDRC14

77

78

1

1.22%

0.15

145

87WDRC14

107

110

3

0.56%

0.17

74

87WDRC14

110

112

2

0.25%

0.65

18

87WDRC14

114

115

1

2.11%

0.59

26

87WDRC14

115

116

1

1.17%

0.17

29

87WDRC14

116

118

2

2.68%

0.28

22

87WDRC14

118

120

2

1.82%

0.15

30

87WDRC17

0

5

5

0.01%

0.38

21

87WDRC2

84

85

1

0.53%

0.02

460

87WDRC2

88

89

1

0.89%

0.04

280

87WDRC2

89

90

1

1.15%

0.04

1270

87WDRC2

90

91

1

1.68%

0.03

1000

87WDRC2

91

92

1

4.00%

0.09

610

87WDRC2

92

93

1

3.61%

0.06

620

87WDRC2

93

94

1

6.51%

0.06

220

87WDRC2

94

95

1

1.20%

0.01

15

87WDRC2

95

97

2

2.34%

0.03

44

87WDRC2

97

99

2

0.52%

0.03

40

87WDRC2

99

101

2

0.32%

0.01

49

87WDRC22

75

80

5

0.62%

0.16

13

87WDRC22

80

85

5

0.10%

0.3

9

87WDRC24

70

73

3

0.33%

0.04

34

87WDRC24

73

77

4

0.71%

0.09

41

87WDRC24

77

80

3

0.61%

0.06

30

87WDRC26

82

86

4

0.68%

0.09

28

87WDRC3

83

84

1

0.45%

0.01

7

87WDRC3

85

86

1

0.52%

0.07

140

87WDRC3

86

88

2

0.42%

0.03

69

87WDRC6

84

85

1

5.18%

0.29

620

87WDRC6

85

86

1

2.60%

0.22

720

87WDRC6

86

87

1

2.56%

0.21

350

87WDRC6

87

88

1

2.31%

0.18

290

87WDRC6

88

89

1

3.05%

0.11

169

87WDRC6

89

90

1

1.01%

0.1

81

87WDRC6

90

91

1

0.57%

0.04

59

87WDRC6

91

92

1

0.42%

0.03

42

87WDRC6

92

93

1

0.72%

0.04

121

87WDRC7

98

103

5

0.31%

0.01

46

87WDRC7

103

104

1

3.27%

0.22

560

87WDRC7

104

105

1

0.71%

0.08

360

87WDRC7

105

106

1

0.34%

0.09

1330

87WDRC8

83

84

1

0.88%

0.11

200

87WDRC8

84

85

1

2.01%

0.26

280

87WDRC8

85

86

1

2.18%

0.14

178

87WDRC8

86

87

1

2.02%

0.15

260

87WDRC8

87

88

1

3.23%

0.18

420

87WDRC8

88

89

1

2.59%

0.11

210

87WDRC8

89

90

1

1.81%

0.08

200

87WDRC8

90

92

2

0.39%

0.01

43

87WDRC8

92

94

2

0.70%

0.03

77

88WDD03

89

90

1

0.67%

0.04

53

88WDD03

90

91

1

0.36%

0.03

40

88WDD03

190

191

1

0.61%

0.08

78

88WDD03

191

192

1

0.43%

0.06

87

88WDRC27

43

44

1

0.19%

0.99

24

88WDRC28

58

62

4

0.48%

0

11

88WDRC36

90

95

5

0.32%

0.02

9

88WDRC36

95

100

5

0.46%

0.1

20

Table 2: Collar location and Hole Type

Hole ID

Easting

Northing

RL (m)

Total Depth (m)

Dip

Azimuth

Hole Type

87WDRC1

402140

7521450

430

104

-60

180

RC

87WDRC2

402180

7521450

430

120

-60

180

RC

87WDRC3

402220

7521450

430

120

-60

180

RC

87WDRC4

402200

7521410

430

120

-60

180

RC

87WDRC5

402170

7521410

430

120

-60

180

RC

87WDRC6

402160

7521450

430

116

-60

180

RC

87WDRC7

402180

7521470

430

120

-60

180

RC

87WDRC8

402200

7521450

430

109

-60

180

RC

87WDRC9

402260

7521450

430

98

-60

180

RC

87WDRC10

402060

7521460

430

89

-60

180

RC

87WDRC11

402030

7521480

430

120

-60

180

RC

87WDRC12

402010

7521440

430

120

-60

180

RC

87WDRC13

401250

7521520

450

120

-90

0

RC

87WDRC14

401250

7521480

450

120

-90

0

RC

87WDRC15

401210

7521520

450

114

-90

0

RC

87WDRC16

401250

7521560

450

109

-90

0

RC

87WDRC17

401290

7521520

450

115

-90

0

RC

87WDRC18

401330

7521490

450

119

-90

0

RC

87WDRC19

401170

7521600

450

120

-90

0

RC

87WDRC20

401210

7521560

450

120

-90

0

RC

87WDRC21

401250

7521440

450

120

-90

0

RC

87WDRC22

401642

7521465

450

98

-60

180

RC

87WDRC23

401658

7521465

450

100

-60

180

RC

87WDRC24

401675

7521465

450

100

-60

180

RC

87WDRC25

401700

7521465

450

96

-60

180

RC

87WDRC26

401662

7521493

450

100

-60

180

RC

88WDRC27

401245

7521605

450

80

-60

240

RC

88WDRC28

401280

7521600

450

81

-60

240

RC

88WDRC29

401220

7521690

450

69

-60

250

RC

88WDRC30

401140

7521760

451

54

-60

250

RC

88WDRC31

401135

7521800

448

69

-60

240

RC

88WDRC32

401250

7521750

450

106

-90

0

RC

88WDRC33

401250

7521700

440

87

-60

200

RC

88WDRC34

401250

7521335

450

105

-90

0

RC

88WDRC35

401950

7521360

430

106

-90

0

RC

88WDRC36

401950

7521285

450

106

-90

0

RC

88WDRC37

401950

7521425

440

106

-90

0

RC

87WDD01

401950

7521500

415

287.7

-61

181

DD

87WDD02

401985

7521555

440

117

-70

180

DD

88WDD03

401250

7521500

420

212.7

-90

0

DD

88WDD04

402180

7521480

434

200.8

-90

0

DD

90WDD05

401950

7521425

440

409.9

-90

0

DD


Source

This post appeared first on investingnews.com

Andrada Mining Limited (AIM: ATM, OTCQB: ATMTF), the critical minerals producer with mining and exploration assets in Namibia, is pleased to announce the commencement of exploration drilling at the Lithium Ridge project in partnership with Sociedad Química y Minera de Chile SA through its subsidiary SQM Australia (Pty) Ltd (‘SQM’). (See announcement dated 9 September 2024 and 28 February 2025). This milestone represents part of the stage 1 workplan of the three stage earn-in agreement with SQM. Under this first stage, SQM will fund up to US$7 million in exploration to secure an initial 30% interest at project level with the potential to fund up to US$40m million over the three stages.

HIGHLIGHTS

  • 14 000 metres of Orientated Diamond Drilling (‘DD’) underway across priority lithium targets.
  • High resolution geological mapping and sampling already identifying new pegmatites with visible spodumene mineralisation.
  • Programme builds on historical results of up to 2.13% Li₂O along a 6 km mineralised ridgeline.

Anthony Viljoen, Chief Executive Officer, commented:

‘The commencement of drilling at Lithium Ridge with our tier-1 joint-venture partner, SQM, is a significant step forward in unlocking one of Namibia’s most exciting lithium opportunities. The encouraging historical results of up to 2.13% Li₂O along the 6km ridge line, are already being complemented by a new geological mapping and sampling programme that has identified additional mineralised pegmatites containing visible spodumene crystals. This strengthens our confidence in the scale and quality of the project. The investment by SQM underscores Lithium Ridge’s potential and Namibia’s growing role in the global supply of critical minerals. We expect this programme to provide the foundation for fast-tracking the project towards development.’

Lithium ridge exploration programme

The Lithium Ridge mining licence is located only 35 kilometres from Andrada’s producing Uis tin mine and hosts multiple high-priority lithium-bearing pegmatites, with associated tin and tantalum credits.

The current programme is designed to:

  • Unlock the full potential of the mineralised ridge and,
  • Extend exploration across the wider licence area where new spodumene – bearing pegmatites have been identified.

The 14 000 metre DD programme will comprise approximately 120 orientated holes, to determine the depth extensions and continuity of the extensive mineralisation already identified at surface. Historical work confirmed grades of up to 2.13% Li₂O and metallurgical spodumene recoveries of up to 80%, producing a premium 6.8% Li₂O concentrate with low iron levels. These results were on drill chip samples produced during reverse circulation drilling at Lithium Ridge. (See announcement dated 5 December 2023). This programme is expected to significantly enhance the geological understanding of Lithium Ridge and demonstrate its economic potential as a large-scale, high quality lithium project.

Geologists examining drill core at Lithium Ridge

Exploration drill rig at Lithium Ridge

Andrada CEO, Anthony Viljoen (L) and SQM International Lithium CEO, Mark Fones (R) carrying a spodumene crystal at Lithium Ridge (Namibia)

CONTACT

ANDRADA MINING LIMITED

Anthony Viljoen, CEO

Sakhile Ndlovu, Head of Investor Relations

+27 (11) 268 6555

NOMINATED ADVISOR & BROKER

Zeus Capital Limited

Katy Mitchell

Andrew de Andrade

Harry Ansell

+44 (0) 20 2382 9500

CORPORATE BROKER & ADVISOR

H&P Advisory Limited

Andrew Chubb

Jay Ashfield

Matt Hasson

+44 (0) 20 7907 8500

Berenberg

Jennifer Lee

+44 (0) 20 3753 3040

FINANCIAL PUBLIC RELATIONS

Tavistock (United Kingdom)

Emily Moss

Josephine Clerkin

+44 (0) 207 920 3150

andrada@tavistock.co.uk

About Andrada Mining Limited

Andrada Mining Limited, formerly Afritin Mining Limited, is a London-listed technology metals mining company with a vision to create a portfolio of globally significant, conflict-free, production and exploration assets. The Company’s flagship asset is the Uis Mine in Namibia, formerly the world’s largest hard-rock open cast tin mine and currently being re-developed as a major tin-tantalum-lithium producer. An exploration drilling programme is currently underway with the aim of expanding the tin resource over the fourteen additional, historically mined pegmatites that occur within a 5km radius of the current processing plant. The Company has set a mineral resource target of 200 Mt to be delineated within the next 5 years. The existing mine, together with its substantial mineral resource potential, allows the Company to consider economies of scale. Andrada is managed by a board of directors with broad industry knowledge and a management team with extensive commercial and technical skills. Furthermore, the Company is committed to the sustainable development of its operations and the growth of its business. This is demonstrated by the way the leadership team places significant emphasis on creating value for the wider community, investors, and other key stakeholders. Andrada has established an environmental, social and governance system that has been implemented at all levels of the Company and aligns with international standards.

Source

This post appeared first on investingnews.com

As global giants chase consumer-facing artificial intelligence (AI), Canada has adopted a different approach.

The northern nation has excelled in developing B2B AI solutions for enterprises, governments and research institutions. This discreet strategy aims to cultivate a trusted AI environment, fostering innovation and economic growth within Canada, while building a resilient ecosystem safeguarded from external influences.

While the spotlight often falls elsewhere, Canada’s AI strategy could present a unique opportunity for investors seeking long-term growth in the evolving AI landscape.

Understanding the two faces of AI

While public attention often gravitates toward chatbots and image generators, many of the most impactful AI innovations are systems that optimize supply chains, detect fraud in financial transactions or accelerate drug discovery.

Enterprise AI, as these systems are often referred to, offers solutions to complex challenges that are unique to large corporations, financial institutions and government entities.

A significant portion of Canada’s AI buildout has been focused on institutional or B2B use cases, even if business adoption has been slower compared to the US. The country’s AI approach involves an organized strategy largely guided by the government, conducive to creating AI products and services designed specifically for large organizations.

Canada’s blueprint for AI adoption within federal departments is laid out in a report released earlier this year, which lists building a central AI capacity as the first of four key priority areas.

A related initiative, the Canadian Sovereign AI Compute Strategy, outlines how Canada will ensure it has the physical computing capacity to compete globally and maintain data sovereignty.

It includes a C$2 billion investment to build and provide access to domestic AI computing power and infrastructure. This initiative is a key focus for Evan Solomon, Canada’s minister of AI and digital innovation.

Cohere, a privately owned leading Canadian AI company that specializes in enterprise-focused large language models, exemplifies the country’s strength in this space.

Cohere’s B2B AI strategy takes off

Founded in 2019, Cohere has become a prime example of a successful B2B strategy. The company develops highly specialized, institutional AI solutions for industries like finance, healthcare and logistics.

Its focus on privacy and security enables it to serve large markets needing specialized and secure solutions, providing enterprise-grade large language models and tools for custom AI applications.

Underscoring its growing success, Cohere secured US$500 million in an August funding round led by Canadian funds Radical Ventures and Inovia Capital, bringing its valuation to US$6.8 billion. The company has formed working relationships with several tech industry giants, including Oracle (NYSE:ORCL) and SAP (NYSE:SAP), and has onboarded former executives from Uber Technologies (NYSE:UBER) and Meta Platforms (NASDAQ:META). Global consulting firm McKinsey also works with Cohere to help its clients integrate generative AI into their operations.

A key part of Cohere’s work is Cohere North, an enterprise-ready AI platform that Dell Technologies (NYSE:DELL) began offering to its enterprise customers this past May as part of a complete AI package.

In the financial sector, Cohere and the Royal Bank of Canada (TSX:RY,NYSE:RY) have partnered to introduce North for Banking, a secure generative AI platform designed to enhance productivity and data security specifically within the financial services sector. A January press release emphasizes the goal of speeding generative AI solutions.

This summer, Cohere teamed up with Bell Canada (TSX:BCE,NYSE:BCE) to supply specialized AI models to government and enterprise customers, with Bell providing the infrastructure layer with its AI Fabric network of data centers.

BUZZ High Performance Computing, a subsidiary of Canadian digital infrastructure company Hive Digital Technologies (TSXV:HIVE,NASDAQ:HIVE), contributes to the Cohere-Bell endeavor by providing NVIDIA (NASDAQ:NVDA) GPU clusters as the foundational hardware layer for large-scale AI workloads.

Cohere has also received backing from the Canadian government, with Ottawa signing a memorandum of understanding (MOU) with the company to integrate AI into public services on August 19.

The non-binding agreement acknowledges the company’s public sector ambitions and the government’s interest in leveraging AI for productivity and domestic sourcing.

According to Cohere co-founder and CEO Aidan Gomez, this MOU represents “the beginning, hopefully, of our technology being rolled out quite broadly within the Canadian government.”

Cohere struck a similar agreement with the UK government in June.

Government support for Canadian AI ventures

Canada’s approach to AI is built on stable, institutional-grade solutions and is championed by the administration of Prime Minister Mark Carney, offering a nuanced and attractive proposition for discerning investors.

Focusing on the B2B market provides a foundation of stability, as it offers stable, predictable revenue through multimillion-dollar, long-term contracts and full-stack solutions that ensure customer loyalty and economic resilience.

Many investments also have government support, providing a somewhat “de-risked” play for investors.

The Carney administration has made public commitments to incorporate AI into the public sector, promised to provide tax incentives for companies and said it will slash regulatory red tape on AI infrastructure projects like data centers.

The Department of Finance has already introduced draft reforms to the Scientific Research and Experimental Development program that would extend refundable tax credits to Canadian public companies.

Finally, the strategy is buoyed by a robust domestic investment landscape.

Canadian investors have historically provided strong financial backing for homegrown AI startups. Firms like BDC Capital, Real Ventures and MaRS Investment Accelerator Fund have taken the lead in terms of deal count, demonstrating a strong, homegrown commitment to fostering the Canadian AI ecosystem from its earliest stages.

Canada’s quiet AI leadership

Canada’s stealthy AI strategy is cementing its role as a quiet yet formidable force in the global AI landscape.

Companies like Cohere, bolstered by initiatives such as AXL’s initiative to launch 50 Canadian AI companies in the next five years, underscore a commitment to developing and retaining Canadian AI talent and intellectual property.

For discerning investors, this focus on stable, institutional solutions offers a significant and differentiated long-term growth story beyond the consumer AI buzz.

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

This post appeared first on investingnews.com