Author

admin

Browsing

Vice President JD Vance and Donald Trump Jr. will attend events in the coming months for Turning Point USA, the influential conservative youth organization co-founded by their close friend, the late Charlie Kirk.

The news, first reported by Axios, was confirmed to Fox News Digital on Tuesday morning by a source close to both the vice president and Trump Jr., the eldest son of President Donald Trump.

Kirk, the co-founder of the politically potent conservative youth organization, close ally and outside advisor to the president and vice president and media star, was shot and killed earlier this month while speaking at a college campus event at Utah Valley University.

The source close to both Vance and Trump Jr. said they ‘were so personally close to Charlie that they are determined to do right by him and continue to work closely with Turning Point.’

Vance accompanied Kirk’s widow Erika on Air Force two to transport Charlie Kirk’s body from Utah back to their hometown of Phoenix, Arizona.

A few days later, the vice president guest-hosted Kirk’s highly popular podcast. 

Both Vance and Trump Jr., as well as the president, also spoke at Kirk’s memorial service in Arizona.

‘I would expec to see both of them turn up at TPUSA events over the next several months and long after that,’ the source said of Vance and Trump Jr. ‘They understand that Turning Point is now Charlie’s political legacy, and they both want to help grow it to be bigger and more influential than ever.’

Turning Point USA’s political arm was successful in driving up the youth vote for Trump and Republicans in last year’s election, when the GOP won back the White House and control of the Senate and held onto its House majority. 

And Trump’s political team wants to make sure Turning Point USA, now under the leadership of Erika Kirk, remains well funded and politically potent ahead of next year’s midterm elections.

This post appeared first on FOX NEWS

President Donald Trump signed an executive order Tuesday aimed at improving ways to identify and treat pediatric cancers using artificial intelligence. 

Specifically, the executive order instructs the Make America Healthy Again (MAHA) Commission to work with the White House’s Office of Science and Technology Policy to employ AI on how to use it to diagnose and treat childhood cancers and identify new cures. Health and Human Services Secretary Robert F. Kennedy Jr. spearheads the MAHA Commission. 

The president was joined in the Oval Office by Kennedy, Centers for Medicare and Medicaid Services Administrator Dr. Mehmet Oz, Director of the National Institutes of Health Jay Bhattacharya and others. 

The president signed the order surrounded by children, many who have survived cancer themselves. 

The president said that in signing the order the U.S. is adding another $50 million to the Childhood Cancer Data Initiative.

‘I’m also directing the federal government to fully utilize artificial intelligence to supercharge pediatric cancer research,’ Trump said. ‘It’s pretty amazing what’s happening.’ 

The president added, ‘I want to just say that we’re going to defeat childhood cancer once and for all.’

Trump’s initiative in his first term establishing the Childhood Cancer Data Initiative has laid the groundwork for utilizing AI to administer clinical research and patient care to address pediatric cancers in the U.S., according to the White House.

The effort has collected a host of information over the years, including tracking molecular characteristics and genetic information of childhood cancers that has already been organized in a ‘vast’ database. 

‘Leveraging this data infrastructure, researchers will deploy artificial intelligence to improve clinical trials, sharpen diagnoses, fine tune treatments, unlock cures, and strengthen prevention strategies using artificial intelligence, researchers will be able to, for example, build scalable models to predict how a child’s body responds to therapies, letting doctors forecast cancer progression and minimize treatment side effects, delivering better treatments that save more lives,’ Michael Castillo, director of the White House Office of Science and Technology Policy, told reporters earlier Tuesday. 

The executive order also will bolster funding for the Childhood Cancer Data Initiative, which is housed within the National Institutes of Health (NIH). 

‘It’s a $50 million investment in the immediate future that we’re announcing today. But there will be more investments to come as we start to implement this’ executive order, a White House official told reporters. 

As a result, the executive order also will be a funding call for research proposals related to the application of AI in childhood cancers, the official said.

‘This is just a tremendous kind of application area where we have existing data sets, a lot of existing work that’s been done over the past six years in this area,’ a White House official said. ‘And it’s something that’s ripe for both scientific exploration and direct impact to the lives of these children.’ 

Meanwhile, the Trump administration’s budget request calls for cutting funding from $7.2 billion to $4.5 billion for the National Cancer Institute within the National Institutes of Health for fiscal year 2026. 

However, the White House pushed back on characterizations that the administration was seeking to cut cancer research funding, and said the budget for the next fiscal year is ‘still being worked out.’ 

Government funding is set to expire at midnight — or else a lapse in funding will trigger a government shutdown. 

Pediatric cancer is the leading cause of death by disease after infancy in children, according to the National Cancer Institute. However, survival rates are on the rise. 

The five-year survival rate for children between the ages of zero to 19 years old is currently more than 83%, up from the 1970s rates of 58% for children aged 14 and under and 68% for children between the ages of 15 and 19, according to the agency. 

This post appeared first on FOX NEWS

The Interior Department announced Tuesday it is testing autonomous lawnmowers on the National Mall in Washington, D.C., in an effort by the Trump administration to use artificial intelligence to ‘boost operational efficiency.’

In an order obtained by Fox News Digital, Interior Secretary Doug Burgum said AI will ‘drive smarter decision-making, boost operational efficiency, and better deliver on our core mission of advancing American energy dominance, protecting our natural resources, partnering with Tribal Nations, and enhancing internal services.’ 

The Interior Department is working with a private company, the name of which was not shared, to develop its AI technologies for use by the agency. 

Video shared with Fox News Digital shows a demonstration of the AI-controlled lawnmowers on the National Mall, each carrying an American flag. Visitors scanned a QR code on the technology to view a map tracking their progress.

In the video, Jeff Gowen, division manager of the National Park Service’s Technical Services Division, said the new machines will ‘allow us to get more work done with the same amount of people.’

Gowen added that six AI-controlled lawnmowers are being tested at six national parks with a grant provided by the National Park Foundation. 

‘Wild time to be alive,’ he said.

In his order, Burgum said AI will strengthen relationships with state and tribal lands while pushing federal agencies to adopt AI faster and more responsibly.

‘To fully unlock the potential of AI, we must scale intelligently, govern responsibly, and enable our workforce to lead with confidence and clarity,’ he said. ‘As AI becomes more accessible to the DOI workforce, it offers real opportunities to modernize how we serve, strengthening coordination with stakeholders, including State and Tribal partners, across the Nation’s lands.’

In addition to the lawnmowers, Burgum said the Interior Department is already using AI for wildfire response and environmental reviews.

‘AI is reshaping how industries operate and government must not be left behind, and must adapt to private sector standards,’ he said in the order.

‘AI offers a strategic advantage across all facets of the Department’s mission, enabling an advanced workforce with well-trained employees to strengthen domestic resource development and operational efficiency, allowing for the best management of public lands,’ he added. ‘AI adoption shall be pursued in ways that strengthen Interior’s ability to serve the American people through safe, responsible, and outcome-oriented innovation.’

The lawnmowers come after the Trump administration released its ‘America’s AI Action Plan’ in July, a plan aimed at securing U.S. dominance in AI. The plan highlights AI’s role in economic competitiveness and national security.

‘Winning the AI race will usher in a new golden age of human flourishing, economic competitiveness, and national security for the American people,’ the White House said.

This post appeared first on FOX NEWS

Senate Democrats again blocked Republicans’ short-term funding extension Tuesday afternoon, further increasing the odds of a partial government shutdown and thousands of federal workers going without paychecks.

Democratic lawmakers in the upper chamber, led by Senate Minority Leader Chuck Schumer, D-N.Y., banded together to vote against the GOP’s continuing resolution (CR), a move that marked the second time Democrats impeded the legislation’s progress this month.

Congress has until midnight Wednesday to pass a CR or else the government will shut down. However, the possibility of that happening became increasingly unlikely throughout the day as Republicans and Democrats huddled behind closed doors in separate meetings hours before the vote. 

The bill, which was passed by the House GOP earlier this month, failed on a largely party-line vote, 55-45. Sen. Rand Paul, R-Ky., was the lone Republican to vote against the bill, while Sens. John Fetterman, D-Pa., Catherine Cortez Masto, D-Nev., and Angus King, I-Maine, crossed the aisle to vote for the funding extension.

Democrats also tried to advance their own counter-proposal, but that bill was similarly blocked by Senate Republicans.

There is still time to avert a partial shutdown, but the window is closing fast. If Schumer and Thune are unable to find a path forward, it would mark the third shutdown under President Donald Trump.

When asked if he believed a shutdown was inevitable, Trump said, ‘Nothing is inevitable.’ 

‘But I would say it’s probably likely, because they want to give healthcare to illegal immigrants, which will destroy healthcare for everybody else in our country,’ he told reporters in the Oval Office. ‘And I didn’t see them bend even a little bit when I said we can’t do that.’ 

Shortly after the vote, however, the Office of Management and Budget released a memo that the appropriations for Fiscal Year 2025 would run out at 11:59 p.m. on Tuesday, making a shutdown official. 

‘It is unclear how long Democrats will maintain their untenable posture, making the duration of the shutdown difficult to predict,’ the memo read. 

Republicans want to pass a ‘clean’ short-term extension until Nov. 21 that would give appropriators time to finish spending bills, while Democrats want to extend expiring Obamacare premium subsidies, among multiple other demands.

But the chances of a deal materializing, particularly one that meets Democrats’ demands, are slim. Both Senate leaders traded barbs throughout the day, first on the Senate floor and then in back-to-back press conferences. 

Thune panned Democrats’ push for an extension to the expiring tax credits, which aren’t set to sunset until the end of this year, as well as their other demands to repeal the healthcare portion of Trump’s ‘big, beautiful bill’ and clawback canceled funding for NPR and PBS. 

Republicans argue that reversing the cuts from Trump’s megabill and undoing the public broadcasting rescission would amount to $1.5 trillion in spending tacked onto their short-term funding extension. 

‘These are things that they’re demanding as part of their so-called negotiation,’ Thune said. ‘Ladies and gentlemen, there isn’t anything here to negotiate.’

Schumer, however, countered that the decision to shut the government down was ‘in their court’ and charged that Democrats were working to solve the GOP’s ‘healthcare crisis.’

Still, despite scoring a meeting in the Oval Office with Trump and congressional Republican leaders, in addition to public guarantees from Thune and Republicans that Obamacare tax credits could be discussed after a shutdown was averted, Schumer demanded that Democrats be cut in on negotiations to craft a bipartisan bill. 

Earlier in the day, the top Senate Democrat commandeered a floor chart from Thune that showed how many times Democrats supported CRs under former President Joe Biden. He said that each time, Republicans were involved in the process. 

‘As leader, I sat down with the Republicans every one of those years and created a bipartisan bill. Their bill is partisan. They call it clean. We call it partisan. It has no Democratic input,’ Schumer said. ‘Thune never talked to me.’ 

This post appeared first on FOX NEWS

President Donald Trump shared photos on Truth Social on Tuesday showing red ‘Trump 2028’ hats strategically displayed on the Resolute Desk during an Oval Office meeting with Democrat leaders Monday in hopes of fending off a government shutdown.

Trump’s post came late Tuesday, hours before Washington grappled with its first shutdown since 2018-19. 

‘The Trump administration wants a straightforward and clean CR [continuing resolution] to continue funding the government – the exact same proposal that Democrats supported just 6 months ago, 13 times under the Biden Administration,’ White House spokeswoman Abigail Jackson told Fox News Digital. 

‘But radical Democrats are shutting the government down because they want a nearly $1.5 trillion wish list of demands, including free health care for illegal aliens. The Democrat’s radical agenda was rejected by the American people less than a year ago at the ballot box, now they’re shutting down the government and hold the American people hostage over it.’

Vice President JD Vance warned, ‘I think we’re headed to a shutdown’ after Monday’s meeting. 

Senate Minority Leader Chuck Schumer, D-N.Y., said at the time the sides ‘have very large differences.’ 

Late Tuesday, the Senate failed a last-ditch vote on extending funding and barreled toward a shutdown as the clock struck midnight on Oct. 1.

Trump posted the photos late Tuesday, a few hours before the shutdown was slated to begin. 

His campaign has sold ‘Trump 2028’ hats since earlier this year.

Democrat leaders downplayed the stunt. 

Schumer said Trump ‘can avoid a shutdown if he chooses to,’ while House Minority Leader Hakeem Jeffries, D-N.Y., added, ‘we will not back down’ in defending healthcare and spending priorities.’

Trump presided over a 35-day government shutdown in 2018–19, the longest in American history, during his first term in office.

This post appeared first on FOX NEWS

House Republicans’ campaign arm is going after Democrats hours after the federal government entered a shutdown at midnight on Wednesday.

A new National Republican Congressional Committee (NRCC) ad being rolled out in 42 battleground districts is aimed at putting pressure on Democratic lawmakers to accept the GOP’s plan and end the shutdown.

‘Democrats refused to fund the government. So now military troops, police and Border Patrol lose their paychecks. Because of Democrats, veterans, farmers, small businesses lose critical funding. Disaster relief — cut off,’ a voiceover states.

‘Democrats are grinding America to a halt in order to give illegal immigrants free healthcare. Tell Democrats: Stop the shutdown.’

The ad buy came at a four-figure price tag, according to an NRCC spokesperson.

It’s being rolled out in 25 districts represented by Democrats and 17 held by Republicans.

The federal government shut down overnight after Democrats and Republicans in the Senate failed to reach a spending agreement in time for the end of fiscal year (FY) 2025 on Sept. 30.

A short-term extension of FY 2025 funding, aimed at giving Congress more time to reach a longer-term deal, failed to advance in the Senate on Tuesday evening.

The measure, aimed at keeping the government open through Nov. 21, passed the House mainly along party lines earlier this month.

Democrats were angered at being sidelined in the spending negotiations, and by the GOP bill’s exclusion of enhanced COVID-19-era Obamacare subsidies. Those subsidies, passed in 2021 under President Joe Biden, are set to expire by the end of 2025 without congressional action.

Republicans have signaled that they will not budge from their measure, citing Democrats’ past support for similar bills aimed at averting shutdowns.

‘Out of touch Democrats shut down the government to bankroll handouts for illegal immigrants and appease their radical base. Voters won’t forget who betrayed them, and the NRCC will make sure Democrats pay the price,’ NRCC spokesman Mike Marinella told Fox News Digital.

President Donald Trump and his administration have wide discretion over what changes occur during a shutdown.

However, it’s likely that thousands of government employees get furloughed, while others are made to work without paychecks until funding is reinstituted. A host of federal agencies and services could also be shuttered.

Some federal workers could lose their jobs permanently as well, with Office of Management and Budget Director Russ Vought issuing guidance earlier this month warning offices to consider plans for mass layoffs in the event of a shutdown.

This post appeared first on FOX NEWS

A judicial consensus is forming against climate lawfare, but the U.S. Supreme Court must still end environmental extortion of American energy. In two landmark cases, the court will soon have the opportunity to reassert the federal government’s authority over questions of national energy and environmental policy. 

Environmental groups believe that energy use increases global temperatures, causes sea levels to rise and creates more destructive weather. Their campaign to curtail energy has taken many forms — including asking the Environmental Protection Agency (EPA) to block pipelines and the Interior Department to deny oil and gas leases — but it met a roadblock with the 2024 election and the Trump administration’s subsequent blizzard of executive orders lifting overregulation.  

Rather than pursue their interests in Congress or before the electorate, environmental extremists have now allied with bankrupt cities and trial lawyers to use the courts to shake down the energy industry. Blue cities and states have filed tort suits in state courts to extract money for allegedly causing weather-related costs in their jurisdictions. 

The Supreme Court will soon decide whether to take up one of those cases, Boulder County v. Suncor Energy, following a ruling this year from the Colorado Supreme Court that allowed the county’s case to move forward in state court. Borrowing theories of liability from tobacco and opioid litigation, Boulder alleges that energy companies sold their products without disclosing climate risks. Such claims plainly intrude on federal authority over interstate pollution. 

Other climate cases are still progressing in lower state courts. In Hawaii, summary judgment motions are pending in a case seeking damages for rising sea levels. Hawaii’s highest court allowed this litigation to move forward in 2023 with Justice Todd Eddins issuing a remarkable concurrence, declaring that litigation would proceed under the ‘Aloha Spirit,’ regardless of federal precedent.  

In Rhode Island, the state judge presiding over a similar lawsuit against the energy industry compared it to developing nations devastated by natural disasters, citing Kenya, Tanzania and the Seychelles. The suggestion that Rhode Island has suffered comparable ‘severe destruction’ is telling: judges are inflating rhetoric to justify climate claims, not grounding them in law.  

Meanwhile, other states are effectively trying to replace federal authority over environmental policy. In Louisiana, plaintiffs obtained a $750 million judgment (potentially over $1 billion with interest) against Chevron for coastal erosion that they claimed was caused by oil extraction during World War II. Those companies had been under federal contracts to supply aviation fuel for the war effort. Yet eight decades later, Louisiana claims it can punish those practices retroactively. 

The energy firms sought to move the case to federal court because of its genesis in work for the federal government. But a divided 5th U.S. Circuit Court of Appeals panel refused to allow it. As Judge Andrew Oldham rightly noted in dissent, crude oil extraction plainly ‘relates to’ war production. If states can sue private businesses for their wartime work generations later, future cooperation with the federal government will be chilled, raising the costs of national defense. This coming term, the Supreme Court will review the Fifth Circuit’s decision. 

Despite some disappointing rulings from activist judges, a growing number of state courts are beginning to resist such frivolous claims. A Maryland judge rejected Baltimore’s lawsuit that alleged fossil fuels caused sea rises that have harmed the city; the Maryland Supreme Court will hear the appeal later in October. A South Carolina court dismissed Charleston’s similar claims, which blue city officials will almost certainly appeal as well. Likewise, nearly identical state and municipal lawsuits have been similarly dismissed in Pennsylvania, New York, Delaware and New Jersey. 

Notwithstanding some recent wins, climate lawfare is like Hydra — new cases are constantly being brought. Even if higher courts ultimately overturn them, simply forcing the industry to defend against these suits imposes enormous litigation costs. That alone is a victory for environmental radicals. At this stage, the Supreme Court must act to reaffirm federal authority over national energy and environmental policy.  

If climate change is producing harmful effects nationwide, then the nation should decide how to address it. As the U.S. Court of Appeals ruled in a 2021 case rejecting New York City’s lawsuit against Chevron, ‘the question before us is whether a nuisance suit seeking to recover damages for the harms caused by global greenhouse gas emissions may proceed under New York law. Our answer is simple: no.’ However, they frame their aims, blue cities and states are trying to set nationwide climate policy through litigation — violating federal law and tort principles. 

As the country decides how to respond to climate change, those choices — including the possibility of not acting — must have nationwide legitimacy. Courts cannot allow a handful of blue jurisdictions, aided by trial lawyers and environmental activists, to dictate those decisions for the rest of America. 

This post appeared first on FOX NEWS

Cartier Resources Inc. (″ Cartier ″ or the ″ Company ″) (TSXV: ECR,OTC:ECRFF; FSE: 6CA) is pleased to announce it has awarded the contract to Soutex, a firm specializing in mineral processing and metallurgy, to carry out the first advanced and comprehensive metallurgical sampling and testwork program for the Main Sector of its Cadillac Project.

Key Objectives of the Program

  • Defining expected gold recovery rates and improving upon historical results from the Chimo deposit.
  • Establishing first-time metallurgical recovery data for the East Chimo and West Nordeau satellite deposits, where no previous data exists.
  • Supporting the development of an integrated process flowsheet .
  • Providing critical data for future trade-off studies to guide project development.

The metallurgical program represents a critical de-risking milestone to advance the development of the Cadillac Project. By understanding how the mineralized material responds to conventional processing methods, we can define the most efficient and cost-effective flowsheet. This has the potential to significantly reduce both capital and operating costs, while also improving our environmental footprint. The data generated will directly support optimized project development and enhance our economic models. In short, these test results will strengthen the technical foundation of the project and help unlock greater shareholder value . ‘ – Philippe Cloutier, President and CEO of Cartier.

Following the recent launch of baseline environmental studies, we’re pleased to advance the Cadillac Project with the initiation of our first modern metallurgical test program. With historical data now nearly 30 years old, it was essential for Cartier to generate updated, high-quality data that reflects current standards. This comprehensive program will characterize the mineralized material, gold recovery potential, and validate optimal grind size (key inputs for future engineering and economic studies). Combined with our ongoing 100,000-metre drill program, these initiatives position us to unlock the full value of the Cadillac Project. ‘ – Ronan Deroff, Vice President Exploration of Cartier.

Historical Production Recovery (source: MRNF DV 85-05 to DV 97-01 + internal company reports)

The mineralized material from the Chimo mine (Chimo deposit) was processed by 3 different producers: Chimo Gold Mines (1966-67), Louvem (1984-1989) and Cambior (1989-1997). The flowsheet was focused on gravity separation, flotation and cyanidation of flotation concentrate. Records show that from 1966 through 1997, approximatively 2.4 million tonnes of mineralized material have been processed. During the 15-year period production, the historical average recovery was 90.6% of the contained gold. These numbers appear to underestimate the deposit and should be able to improve, since the first two operators of the Chimo mine (Chimo Gold Mines and Louvem) had good extraction results, around 94%, while the last production period by Cambior showed a significant drop in recoveries with only 89% of the contained gold.

There is no metallurgical information available for the other deposits of the Main Sector like East Chimo and West Nordeau deposits.

Methodology of the Metallurgical Testwork Program

To achieve the program objectives, the testwork will be conducted on NQ-size half-drill core intervals spatially selected to be representative of both the type of mineralization and the average head grade of the resource. A total of 6 composites for 300 kg from the three deposits (Chimo, East Chimo and West Nordeau) will be generated including two 50 kg-composites for each deposit. The composites will be assembled by Cartier geologists.

All composites of the three deposits will be subject to cyanidation tests at three different grind sizes. After these tests, gravimetric concentration separation followed by a cyanide destruction tests of the gravity tails will be done at the grind size showing the best results. In addition to the metallurgical program, comminution test, as well as chemical and mineralogical characterization, will also be performed to define the grindability of the mineralized material and predict his behaviour in the process.

Qualified Person

The scientific and technical content of this press release has been prepared, reviewed and approved by Mr. Ronan Déroff, P.Geo., M.Sc., Vice President Exploration, who is a ″Qualified Person″ as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects (″NI 43-101″).

About Soutex

Soutex is a consulting firm in mineral processing and metallurgy that offers specialized services, from the initial stages of development on paper to the daily operations of the processing plant. Their designs stem from their solid experience in providing plant operations support. This support is based on their knowledge of fundamental ore processing principles and their in-plant experience. Founded in 2000 and having offices in Canada (Quebec and Longueuil) and Germany (Munich), Soutex comprises more than 40 metallurgists, process engineers, and technicians, making it one of the largest groupings of specialists in the field in Canada. Services have been offered to clients located across Canada and abroad (West Africa, United States, Finland, New Caledonia, Suriname, and Madagascar).

About Cadillac Project

The Cadillac Project, covering 14,000 hectares along a 15-kilometre stretch of the Cadillac Fault, is one of the largest consolidated land packages in the Val-d’Or mining camp. Cartier’s flagship asset integrates the historic Chimo Mine and East Cadillac projects, creating a dominant position in a world class gold mining district. With excellent road access, year-round infrastructure and nearby milling capacity, the project is ideally positioned for rapid advancement and value creation.

Using a gold price of US$1,750/oz, a Preliminary Economic Assessment demonstrated the economic viability of a 2-km segment, compared to the 15 km that will be the subject of the 100,000 m drilling program, with an average annual gold production of 116,900 oz over a 9.7-year mine life. Indicated resources are estimated at 720,000 ounces (7.1 million tonnes at 3.1 g/t Au) and inferred resources at 1,633,000 ounces (18.5 million tonnes at 2.8 g/t Au). Please see the NI 43-101 ″Technical Report and Preliminary Economic Assessment for Chimo Mine and West Nordeau Gold Deposits, Chimo Mine and East Cadillac Properties, Quebec, Canada, Marc R. Beauvais, P.Eng., of InnovExplo Inc., Mr. Florent Baril of Bumigeme and Mr. Eric Sellars, P.Eng. of Responsible Mining Solutions″ effective May 29, 2023.

About Cartier Resources Inc.

Cartier Resources Inc., founded in 2006 and headquartered in Val-d’Or (Quebec) is a gold exploration company focused on building shareholder value through discovery and development in one of Canada’s most prolific mining camps. The Company combines strong technical expertise, a track record of successful exploration, and a fully funded program to advance its flagship Cadillac Project. Cartier’s strategy is clear: unlock the full potential of one of the largest undeveloped gold landholdings in Quebec.

For further information, contact:
Philippe Cloutier, P. Geo.
President and CEO
Telephone: 819-856-0512
philippe.cloutier@ressourcescartier.com
www.ressourcescartier.com

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

News Provided by GlobeNewswire via QuoteMedia

This post appeared first on investingnews.com

(TheNewswire)

GRANDE PRAIRIE, AB, (September 30, 2025): – TheNewswire – Angkor Resources Corp. (TSXV: ANK and OTC: ANKOF) (‘Angkor’ or ‘the Company’) announces its energy subsidiary, EnerCam Resources Co. Ltd. (Cambodia) (‘EnerCam’) has completed the onshore 350-line kilometer 2D seismic program on Block VIII, including the newly added area of Mussel Basin.

The seismic program is the first onshore seismic for the Kingdom of Cambodia since preliminary lines were shot in 2008 and in 2013.   The Company contracted and used EnviroSeis equipment for low impact and high data coverage.  The seismic program covered areas across the four provinces of Sihanoukville, Kampong Speu, Koh Kong and Kampot.

President of EnerCam, Mike Weeks commented on the program, ‘We are so impressed with the quality of work from our local staff, who worked through some less than optimal weather conditions to help facilitate acquiring this valuable data.   We will be completing a preliminary assessment of the data as it becomes available and then a secondary assessment to hopefully define drill targets.’

Processing and interpretation of the data from the 350-line kilometers will occur over several months by multiple parties and is expected to arrive in segments as each seismic line is processed.

Full length of the program was 47 days, starting at 5:00 am daily with standard safety and tailgate meetings and then crews deployed for three rotational activities, namely:

  • to go ahead of vibration units to place geophones and data recorders along designated paths;

  • to go sweep an area already installed with recorders and geophones with vibration units; and

  • to go behind the areas of completed sweeps and pick up recorders and geophones to deploy to the next proposed line.

A team of 53 people participated in training and then worked 12-hour days, seven days per week to accomplish the program.   Of the personnel, 13 Thai came in as part of the contracted team and the remaining 40 were Khmer people, the majority of which were from local villages and 12 of them were trainees from the Institute of Technology in their 4 th or 5 th year of their geoscience studies.

Keith Edwards, Technical Manager for EnerCam, had these words, ‘We have seen the preliminary processing (brute stack) for 9 of the 24 lines and can already see a broad, closed structure with some parallel beds and some more complex stratigraphy with amplitude bright spots.  With no wells we won’t know for sure what formations we are dealing with until we drill.  We have acquired the data in such a manner to get ‘extra’ coverage by having live receivers on nearby parallel lines.  This gives us additional coverage in key areas that we hope will allow us to see the complex reflectors in map view. as a ‘poor mans 3D’.  The figure below shows the midpoint density map without and with recording on nearby lines.’

Click Image To View Full Size


Click Image To View Full Size

Figure 2 Outline of Block VIII with red seismic lines completed in the program and the additional Mussel Basin outlined in the northeast section.

ABOUT Angkor Resources CORPORATION:

Angkor Resources Corp. is a public company, listed on the TSX-Venture Exchange, and is a leading resource optimizer in Cambodia working towards mineral and energy solutions across Canada and Cambodia. ANGKOR’s carbon capture and gas conservation project in Saskatchewan, Canada is part of its long-term commitment to Environmental and Social projects and cleaner energy solutions across jurisdictions.  The company’s mineral subsidiary, Angkor Gold Corp. in Cambodia holds three mineral exploration licenses in Cambodia and its Cambodian energy subsidiary, EnerCam Resources, was granted an onshore oil and gas license of 7300 square kilometers in the southwest quadrant of Cambodia called Block VIII.  The license was reduced to roughly half the size with the Company’s voluntary removal of all parks and protected areas in March 2025 and 220 square kilometers were added in August 2025; making the license a current area of 4277 square kilometers.  Since 2022, Angkor’s Canadian subsidiary, EnerCam Exploration Ltd., has been involved in gas/carbon capture and oil and gas production in Evesham, Saskatchewan.

CONTACT: Delayne Weeks – CEO

Email: info@angkorresources.com Website: angkor resources.com

Telephone: +1 (780) 831-8722

Please follow @AngkorResources on , , , Instagram and .

Certain information set out in this news release constitutes forward-looking information within the meaning of applicable securities laws. Forward-looking information is often, but not always, identified by the use of words such as ‘seek’, ‘anticipate’, ‘hope’, ‘plan’, ‘continue’, ‘estimate’, ‘expect’, ‘may’, ‘will’, ‘intend’, ‘could’, ‘might’, ‘should’, ‘scheduled’, ‘believe’ and similar expressions. The forward- looking information set out in this news release relates to future events or our future performance and includes, without limitation statements concerning the Shares for Debt Transaction, Angkor’s ability to obtain all necessary approvals in respect of the Shares for Debt Transaction and the participation of certain insiders and management in the Shares for Debt Transaction.

Although the forward-looking information contained in this news release is based upon what management of Angkor believes are reasonable assumptions on the date of this news release, Angkor cannot assure readers that actual results will be consistent with such forward-looking information. Forward-looking information involves substantial known and unknown risks, uncertainties and other factors which cause actual results to vary from those expressed or implied by such forward looking information, including without limitation those risks and uncertainties described in more detail in Angkor’s securities filings available at www.sedarplus.ca . Forward-looking information should not be read as a guarantee of future performance or results, and will not necessarily be an accurate indication of whether or not such results will be achieved.

The forward-looking information contained in this news release is provided as of the date hereof. Angkor disclaims any intention or obligation to update or publicly revise any forward–looking information whether as a result of new information, future events or otherwise, except as required under applicable securities laws. All forward-looking information contained in this news release is expressly qualified in its entirety by the foregoing cautionary statements.

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


Copyright (c) 2025 TheNewswire – All rights reserved.

News Provided by TheNewsWire via QuoteMedia

This post appeared first on investingnews.com

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSMINATION IN THE UNITED STATES.

Saga Metals Corp. (‘SAGA’ or the ‘Company’) (TSXV: SAGA,OTC:SAGMF) (OTCQB: SAGMF) (FSE: 20H), a North American exploration company focused on critical minerals, is pleased to announce that it intends to complete a financing by way of a non-brokered private placement for aggregate gross proceeds of up to C$2,988,000 (collectively, the ‘ Offering ‘) comprised of: (i) 7,100,000 flow-through common share units of the Company (the ‘ FT Units ‘) at C$0.28 per FT Unit for gross proceeds of C$1,988,000, and, (ii) 4,000,000 hard dollar common share units of the Company (the ‘ HD Units ‘, and together with the FT Units, the ‘ Securities ‘) at C$0.25 per HD Unit for gross proceeds of C$1,000,000.

Financing Overview:

Each FT Unit consists of one flow-through common share as defined in subsection 66(15) of the Income Tax Act (Canada) (the ‘ Tax Act ‘), and one transferable common share purchase warrant (a ‘ Warrant ‘). Each Warrant will entitle its holder to purchase one-half of one common share in the capital of the Company (a ‘ Warrant Share ‘) at a price of C$0.50 for 24 months from the closing date of the Offering (the ‘ Closing Date ‘). The Warrant Shares underlying the FT Units will not qualify as ‘flow-through shares’ under the Tax Act.

Each HD Unit consists of one common share and one-half one Warrant. Each Warrant will entitle its holder to purchase one whole Warrant Share at a price of C$0.50 for 24 months from the Closing Date.

Each of the Warrants will be subject to the right of the Company to accelerate the expiry date of the Warrants to a date that is 30 days following dissemination of a news release announcing such acceleration if, at any time, after the Closing Date, the closing price of the Company’s common shares equals or exceeds C$0.75 for a period of ten consecutive trading days on the TSX Venture Exchange.

All securities issued in connection with the Offering are subject to a hold period of four months and one day following the Closing Date pursuant to applicable securities laws. The Company may pay finder’s fees in connection with the Offering.

The gross proceeds from the FT Units will be used by the Company for ‘Canadian exploration expenses’ that are ‘flow-through critical mineral mining expenditures’ (as such terms are defined in the Tax Act) on the Company’s Canadian mineral resource properties. The net proceeds of the HD Units will be used by the Company for administrative and general working capital, which may include investor relations activities.

The securities of SAGA have not been and will not be registered under the United States Securities Act of 1933, as amended (the ‘ U.S. Securities Act ‘), or any state securities laws, and may not be offered or sold, within the United States, unless exemptions from the registration requirements of the U.S. Securities Act and applicable state securities laws are available.

No securities regulatory authority has reviewed or approved of the contents of this news release. This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities of SAGA in any jurisdiction in which such offer, solicitation or sale would be unlawful.

Saga Metals Financing Sets the Stage for Advanced Exploration at the Radar Project

Key Highlights:

  • Saga’s field team is on-site preparing for the planned 15,000-metre drill program at the Radar Ti-V-Fe Project in Labrador, Canada.
  • Drilling is focused on advancing the Trapper Zone’s 3+ km strike toward a maiden MRE highlighting titanium, vanadium, and iron ore—critical minerals for the global energy transition.
  • Ongoing site work includes trench mapping, surveying, and full camp establishment to optimize drill execution.
  • Infrastructure is in place with new access trails along the oxide layering strike through the Trapper Zone.
  • The preparation phase is expected to conclude in the coming weeks, with the 15,000m drilling program scheduled to commence in early November 2025.

Preparation begins for a 15,000m Drill Program at the Radar Ti-V-Fe Project:

Field preparations are underway across the Radar Project’s Trapper Zone, which spans over a 3+ km strike of oxide mineralization. This mobilization marks a significant step in preparing for a major drill program aimed at expanding known mineralization and advancing toward the completion of a maiden mineral resource estimate (MRE) on the project.

Current work is designed to strengthen drill targeting, maximize efficiency, and ensure high-quality geological data accuracy for the MRE, including:

1. Enhanced Trench Analysis

Building on approximately 504 square metres (5,425 ft²) of trenching completed to date, SAGA is conducting additional high-pressure power washing and detailed geological mapping in three trenches within the Trapper Zone. This work exposes clean bedrock surfaces by removing overburden and vegetation, allowing geologists to document rock types, mineral textures, and oxide layering trends with precision. The process will help refine 3D geological models, confirm continuity of vanadiferous titanomagnetite (VTM) mineralization, and identify the most prospective high-grade drill targets.

2. Surveying and Geophysical Preparation

Crews are also executing a comprehensive surveying program to support drill collar placement and spatial accuracy across the Trapper Zone. Using high-precision GPS, total stations, and laser scanning technology, the team is mapping the newly built 4 km Trapper Trail access route, establishing a geophysics baseline, and cutting grid lines (cutlines) through vegetation to enable further geophysical traverses. The geophysics baseline will serve as a calibration reference for magnetometer instruments, ensuring consistent and reliable detection of anomalies that may indicate subsurface mineralization. Collectively, these surveys are designed to eliminate spatial errors in modelling and optimize drill hole targeting.

3. Establishing Full Camp Infrastructure

To support the scale of the upcoming 15,000 metre drill program, SAGA has secured land near Cartwright, Labrador, for the establishment of a fully serviced exploration camp. The camp will include accommodations, a kitchen trailer, a core shack for drill core logging and storage, an office for data management, and a cut shack for sample preparation. Utility infrastructure—including power generation, water storage and filtration, and septic systems—is being installed to ensure long-term operational stability. With this infrastructure in place, SAGA is positioned to support long-term stability and efficiency for the crews managing this milestone drill program.

Figure 1: Radar Project’s Trapper Zone depicting a 3+ km magnetic anomaly and oxide layering trend. The Trapper Trail (in black) will be the target of the planned 15,000 m diamond drilling program aimed at establishing Saga’s maiden mineral resource estimation.

Summary of the Radar Ti-V-Fe Project in Labrador, Canada:

The Radar Property benefits from exceptional infrastructure, including all-season road access, a nearby deep-water port, hydroelectric power, and an airstrip with claims just 10 km from Cartwright, Labrador. Spanning 24,175 hectares, the property covers all the Dykes River intrusive complex—an extensive (~160 km²) Mesoproterozoic layered mafic intrusion. Unique amongst Western exploration companies, SAGA controls its entire intrusive complex.

Grenville-age mafic layered intrusions of Québec and Labrador represent a significant but underdeveloped titanium–vanadium–iron resource province. These layered intrusions, emplaced during the Grenvillian orogeny, locally host thick oxide-rich cumulate zones dominated by titanomagnetite and hemo-ilmenite with accessory vanadium and phosphorus. Their scale and metallogenic affinity are directly comparable to major Fe–Ti–V deposits such as Lac Tio (Quebec), Panzhihua (China), Tellnes (Norway) and Bushveld (South Africa), which supply a major share of global TiO₂ feedstock and vanadium for steel alloys and emerging energy storage markets. The combination of large tonnage potential, favourable logistics, and critical mineral content positions the Grenville intrusions, such as Radar’s Dykes River complex, as strategic candidates for development in the context of growing North American demand for titanium, vanadium and high-quality iron.

Early geological mapping, government magnetic surveys and ground-based geophysics of the Radar property have identified oxide layering across more than 20 km of strike length, with mineralized zones remaining open for expansion. Vanadiferous titanomagnetite (VTM) is the principal oxide and occurs as cumulate and intercumulus mineralization over large thicknesses of the Dykes River layered intrusion.

Figure 2: Radar Property map, depicting magnetic anomalies, oxide layering and the site of the 2025 drill program in the Hawkeye zone. The property is well serviced by road access and is conveniently located near the town of Cartwright, Labrador. A compilation of historical aeromagnetic anomalies is overlaid by ground-based geophysics as shown. SAGA has demonstrated the reliability of the regional airborne magnetic surveys after ground-truthing and drilling in the 2024 and 2025 field programs.

SAGA’s 2025 Winter Drill Program at Radar:

Saga completed its maiden drill program in early 2025, featuring a 2,209-metre, seven-hole diamond drill campaign across the Hawkeye Zone—a combination of 3D magnetic inversion modeling and surface VLF-EM results guided drill targeting. The program intersected broad zones of titanomagnetite-rich oxide layering, with cumulative intersections displaying consistent grades of titanium dioxide (TiO 2 ), vanadium pentoxide (V 2 O 5 ) and iron (Fe).

Similarities in the ratios of TiO 2 and V2O 5 to Fe 3 O 4 across multiple drill holes serve to identify discrete igneous layers. Within the 600 m tested thickness of the layered gabbronorite, the chemistry delineates a very promising 300-400 m thickness, referred to as the Lower Cumulate Layer. The highest V 2 O 5 assays are in the lower 100-200 m, coinciding with the highest-grade intervals of VTMs. The layer is comprised of interlayered gabbronorite and bands of semi-massive to massive VTM.

Drill holes R25-HEZ-01, -07, -04, and -05 intersect this Lower Cumulate Layer. The chemistry indicates that the layer was deposited from a large-volume pulse of Ti-V-Fe-enriched magma. Saga will be targeting this same discrete intrusive horizon along the Trapper Zone’s 3+ km strike length.

Magnetic and VLF-EM Survey to Extend the ‘Trapper Zone’

As crews prepare for the 15,000 m drill program, a small geophysics team will continue a ground-based magnetic survey over the northern and southern extensions of the Trapper Zone. The survey utilizes a GSM-19 magnetometer to collect magnetic-field and VLF-EM data (using VLF Transmitter Cutler).

The survey is conducted using a grid of N-S lines, spaced 50 m apart, with observations made at stations spaced 20 m apart along the lines. The tightly gridded stations will be used to map the extent to which the oxide layering strike continues to the NE-E at the top of the zone and SE-E at the bottom of the zone, both trending back towards the Hawkeye Zone.

Figure 3: Radar Project’s prospective oxide layering zone extends for an inferred 20 km strike length, as shown on a compilation of historical airborne geophysics as well as ground-based geophysics in the Hawkeye and Trapper zones completed by SAGA in the 2024/2025 field programs. SAGA has demonstrated the reliability of the regional airborne magnetic surveys after ground-truthing and drilling in the 2024 and 2025 field programs .

Saga Metals’ Corporate Video

Please find below Saga Metals’ corporate video, produced by Pinnacle Digest, providing an overview of the Company as well as highlighting the key characteristics and developments of the Radar Titanium-Vanadium-Iron (Ti-V-Fe) Project in Labrador, Canada.

A Media Snippet accompanying this announcement is available by clicking on this link.

Qualified Person

Paul J. McGuigan, P. Geo., is an Independent Qualified Person as defined under National Instrument 43-101 and has reviewed and approved the technical information disclosed in this news release.

About Saga Metals Corp.

Saga Metals Corp. is a North American mining company focused on the exploration and discovery of a diversified suite of critical minerals that support the global transition to green energy. The Radar Titanium Project comprises 24,175 hectares and entirely encloses the Dykes River intrusive complex, mapped at 160 km² on the surface near Cartwright, Labrador. Exploration to date, including a 2,200m drill program, has confirmed a large and mineralized layered mafic intrusion hosting vanadiferous titanomagnetite (VTM) with strong grades of titanium and vanadium.

The Double Mer Uranium Project, also in Labrador, covers 25,600 hectares featuring uranium radiometrics that highlight an 18km east-west trend, with a confirmed 14km section producing samples as high as 0.428% U 3 O 8 and uranium uranophane was identified in several areas of highest radiometric response (2024 Double Mer Technical Report).

Additionally, SAGA owns the Legacy Lithium Property in Quebec’s Eeyou Istchee James Bay region. This project, developed in partnership with Rio Tinto, has been expanded through the acquisition of the Amirault Lithium Project. Together, these properties cover 65,849 hectares and share significant geological continuity with other major players in the area, including Rio Tinto, Winsome Resources, Azimut Exploration, and Loyal Metals.

With a portfolio that spans key minerals crucial to the green energy transition, SAGA is strategically positioned to play an essential role in the clean energy future.

On Behalf of the Board of Directors

Mike Stier, Chief Executive Officer

For more information, contact:

Rob Guzman, Investor Relations
Saga Metals Corp.
Tel: +1 (844) 724-2638
Email: rob@sagametals.com
www.sagametals.com

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

Cautionary Disclaimer

This news release contains forward-looking statements within the meaning of applicable securities laws that are not historical facts. Forward-looking statements are often identified by terms such as ‘will’, ‘may’, ‘should’, ‘anticipates’, ‘expects’, ‘believes’, and similar expressions or the negative of these words or other comparable terminology. All statements other than statements of historical fact, included in this release are forward-looking statements that involve risks and uncertainties. In particular, this news release contains forward-looking information pertaining to the Company’s plans and objectives in respect of the terms and conditions of the Offering, the gross proceeds of the Offering, the use of proceeds from the Offering and the exploration of the Company’s Radar Project, and the intention to publish the MRE in the future. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations include, but are not limited to, changes in the state of equity and debt markets, fluctuations in commodity prices, delays in obtaining required regulatory or governmental approvals, environmental risks, limitations on insurance coverage, inherent risks and uncertainties involved in the mineral exploration and development industry, particularly given the early-stage nature of the Company’s assets, and the risks detailed in the Company’s continuous disclosure filings with securities regulations from time to time, available under its SEDAR+ profile at www.sedarplus.ca. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements only as expressly required by applicable law.

Figures accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/1cc08798-de86-4a59-b4e6-146ef7d58104

https://www.globenewswire.com/NewsRoom/AttachmentNg/46929b40-f55e-4a74-95be-70844f6c1e9b

https://www.globenewswire.com/NewsRoom/AttachmentNg/1b3f508f-c4fb-4a12-b288-51de3897b6d7

News Provided by GlobeNewswire via QuoteMedia

This post appeared first on investingnews.com