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U.S. Ambassador to Israel Mike Huckabee and Special Envoy to the Middle East Steve Witkoff are slated to visit Gaza Friday, after both met with Israeli Prime Minister Benjamin Netanyahu Thursday in Israel to discuss ways to provide food and aid to Gaza. 

‘Special envoy Witkoff and Ambassador Huckabee will be traveling into Gaza to inspect the current distribution sites and secure a plan to deliver more food and meet with local Gazans to hear firsthand about this dire situation on the ground,’ Leavitt told reporters Thursday. ‘The special envoy and the ambassador will brief the president immediately after their visit to approve a final plan for food and aid distribution into the region.’ 

‘President Trump is a humanitarian with a big heart, and that’s why he sent special envoy Witkoff to the region in an effort to save lives and end this crisis,’ Leavitt said.  

Leavitt’s comments come as President Donald Trump has pushed back against Netanyahu’s repeated statements denying a starvation crisis in Gaza. 

For example, Netanyahu flat out rejected claims there is any starvation crisis in Gaza in a social media post Monday. 

‘There is no starvation in Gaza, no policy of starvation in Gaza, and I assure you that we have a commitment to achieve our war goals,’ Netanyahu said in a Monday X post. ‘We will continue to fight till we achieve the release of our hostages and the destruction of Hamas’ military and governing capabilities. They shall be there no more.’

When asked if he agreed with the Israeli prime minister, Trump appeared to cast doubt on Netanyahu’s assessment of the situation. 

‘Based on television … those children look very hungry,’ Trump said Monday in Scotland. ‘But we’re giving a lot of money and a lot of food, and other nations are now stepping up. …Some of those kids are — that’s real starvation stuff.’ 

Trump also pledged to work with European allies and establish ‘food centers’ in Gaza to address the issue. 

Meanwhile, ceasefire talks in Qatar recently crumbled, and the U.S. and Israel claimed afterward that Hamas wasn’t interested in finding an agreement. 

Trump addressed the ongoing conflict Thursday, pushing for Hamas to surrender and release hostages immediately in order to end the humanitarian crisis in Gaza. 

‘The fastest way to end the humanitarian crises in Gaza is for Hamas to SURRENDER AND RELEASE THE HOSTAGES!!!’ the president said in a post on Truth Social Thursday. 

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Three Senate Republicans are backing up Health and Human Services Secretary Robert F. Kennedy Jr.’s possible effort to reform the U.S. Preventive Services Task Force, saying that the group has recently been ideologically motivated.

The ‘independent’ task force is used to determine recommendations of what services health insurance companies in the United States have to cover for free, such as checking for cancer.

‘Americans deserve to know health guidelines are based on real science, not radical wokeness. The Task Force needs to get back to its mission of giving clear, evidence-based recommendations people can trust,’ Sen. Jim Banks, R-Indiana, said in a statement.

The Wall Street Journal reported that Kennedy is considering removing members of the board, and the senators are saying they back any change to veer away from certain DEI tactics employed by the group currently, including the 2023 Report to Congress on High-Priority Evidence Gaps for Clinical Preventive Services and ‘social justice activism’ by people in the group.

‘In particular, the USPSTF departed from its proper activities in its December 2023 Health Equity Framework. The framework criticizes ‘equal access to quality health care for all’ as an inadequate goal of public health and announces that the Task Force will instead use equity as ‘a criterion of the ‘public health importance’ of a topic’ for consideration,’ the letter added.

‘Far from simply recognizing health disparities between certain populations, ‘health equity’ as described by the USPSTF includes ‘information on risk factors that intersect with race and/or ethnicity or other disadvantaged populations (e.g., sexual and gender minorities) and that affect prevalence and burden of disease’ and ‘any inequities in how preventive services are provided, accessed, or received.’ These criteria would allow the Task Force to issue recommendations outside its proper purview and impose leftwing ideology,’ it continues.

Specifically, they said that changes could be needed to fulfill President Donald Trump’s Executive Order to scrap DEI efforts within the federal government, along with an EO on ‘restoring merit-based opportunity’ and ‘ending illegal discrimination.’

‘Allowing the Task Force to pursue the Health Equity Framework means allowing it to exceed its statutory mission and target social groups that comport with a progressive agenda. It means discounting universally beneficial recommendations as inadequate. It means disregarding statutory limits and instead undertaking a social justice crusade through the lens of critical race theory and gender ideology. This would be a mistake. The result is ineffectiveness, discrimination, and division. The USPSTF should be working for all Americans equally,’ the letter added.

‘No final decision has been made on how the USPSTF can better support HHS’ mandate to Make America Healthy Again,’ an HHS spokesperson told Fox News Digital in a statement when asked about the WSJ report. 

There has already been some opposition to the possibility of removing the members, including from the American Medical Association.

‘USPSTF plays a critical, non-partisan role in guiding physicians’ efforts to prevent disease and improve the health of patients by helping to ensure access to evidence-based clinical preventive services,’ the AMA wrote in a letter to Kennedy. ‘As such, we urge you to retain the previously appointed members of the USPSTF and commit to the long-standing process of regular meetings to ensure their important work can continue without interruption.’

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A longtime ally of former President Joe Biden told House Oversight Committee investigators that he could have been paid a total of $8 million if the former president won his 2024 re-election bid, a source familiar with the conversation told Fox News Digital.

Michael Donilon served as senior advisor to the president for the entirety of Biden’s four-year term. Their relationship goes back decades, however; Donilon first worked for Biden in 1981 when he was a U.S. senator from Delaware.

He is the latest ex-Biden administration official to sit down with the committee behind closed doors as it investigates whether the former president’s inner circle covered up evidence of his alleged mental decline, and if executive actions were signed via autopen without Biden’s full awareness.

Donilon said he did not know what the autopen was used for and did not recall having any knowledge of the autopen, the source told Fox News Digital.

But Donilon, who was the top strategist for Biden’s 2020 and 2024 campaigns, would have apparently earned some $8 million total if Biden won.

Donilon told investigators he was paid $4 million to work on Biden’s 2024 campaign, the source said. That information was reported by Axios reporter Alex Thompson and CNN host Jake Tapper in their book ‘Original Sin: President Biden’s Decline, Its Cover-up, and His Disastrous Choice to Run Again.’

The $4 million he would have gained in addition would have come if Biden had won in 2024.

Biden infamously dropped out of the 2024 race after his disastrous debate against Donald Trump in June of that year, after weeks of mounting pressure by fellow Democrats, both in public and in private.

Donilon told investigators he ‘believes the punditry and Democrats in Congress overreacted after Joe Biden’s disastrous debate,’ the source said. Donilon also argued Biden’s communications skills ‘got stronger’ during his time as president, the source added.

‘During his interview, Mr. Donilon admitted that Joe Biden’s presence wasn’t as commanding, and he could stumble over more words. Mr. Donilon stated he was frustrated and knew it was difficult to get past the visuals of President Biden that people were seeing,’ the source said.

In his opening statement, obtained by Fox News Digital, Donilon emphasized his 40-year relationship with Biden and touted the Democratic administration’s accomplishments through the COVID-19 pandemic, the rebound in job growth in its wake and the Inflation Reduction Act and other legislative wins.

‘I was with President Joe Biden from his first day in office to the last day. What I saw, day in and day out, was a leader who was deeply engaged and in command on critical issues, both at home and abroad,’ Donilon said in his statement. 

‘Every President ages over the four years of a presidency and President Biden did as well, but he also continued to grow stronger and wiser as a leader as a result of being tested by some of the most difficult challenges any President has ever faced.

‘I thought that experience was enormously valuable for the nation. I believed that President Biden was the best person to lead the country on the day he took the oath of office and I continued to believe that was true every day he served as President.’

Donilon is the eighth ex-Biden White House official to appear for the probe led by House Oversight Committee Chairman James Comer, R-Ky.

A source familiar with the Biden team’s thinking previously called Republicans’ probe ‘dangerous’ and ‘an attempt to smear and embarrass.’

‘And their hope is for just one tiny inconsistency between witnesses to appear so that Trump’s DOJ prosecute his political opponents and continue his campaign of revenge,’ that source said.

Fox News Digital reached out to Donilon’s lawyer and a representative for Biden for comment.

Fox News Digital’s Deirdre Heavey contributed to this report

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The Secret Service must move to ‘course correct’ after reports a Secret Service agent attempted to smuggle his wife onto a Secret Service cargo plane accompanying President Donald Trump on his trip to Scotland, according to a former agent. 

Tim Miller, who served as a Secret Service agent during the administrations of presidents George H.W. Bush and Bill Clinton, said the alleged incident was unusual and that the agency must ‘step up’ to address growing threats against Trump. 

‘The threats to the President are serious and growing,’ Miller said in an email Thursday to Fox News Digital. ‘This agency must step up to address these threats. … Imagine a world where our elected leaders are not safe to lead the critical issues facing our world? 

‘The mission that they have been given requires the absolute best people available who have the highest level of commitment, experience, professionalism and skill.’

While Miller predicted conduct like this would have previously resulted in a suspension or firing of the agent, Miller said that is unlikely given that the Secret Service did not fire those on duty during the assassination attempt against Trump in Butler, Pennsylvania, in July 2024. 

The agency did, however, announce that it suspended six of its agents due to their response to the attempt.

Likewise, Miller said he anticipates an investigation into the Scotland incident will be handled meticulously. 

‘I am confident that they will thoroughly investigate this matter,’ Miller said. ‘To that end, the Secret Service must course correct and hold agents accountable for these types of errors in judgment. The current threats are too high. It’s time for high levels of accountability and a return to mission focus. The lives of our elected leaders depend on it! This truly is a ‘no fail’ mission!’ 

Even so, Miller said the agency did the right thing in identifying the threat and fixing the problem. 

‘The bottom line is there is more to this story and, with the exception of one agent’s extremely poor judgment, the Secret Service did a good job identifying and correcting this issue,’ Miller said. 

RealClearPolitics first reported that a Secret Service agent attempted to smuggle his wife aboard a Secret Service cargo aircraft during Trump’s travels for his Scotland trip.

Trump told reporters Tuesday he had just heard about the alleged incident, describing it as a ‘weird deal.’ He also told reporters the agency is handling the matter. 

‘I don’t know, that’s a strange one. I just heard that two minutes ago. I think Sean’s taking care of it. … Is that a serious story?’ Trump told reporters on Air Force One Tuesday, appearing to reference Sean Curran, Secret Service director.

The White House confirmed to Fox News Digital Wednesday that Trump had been briefed on the matter and that an investigation was ongoing. 

‘The U.S. Secret Service is conducting a personnel investigation after an employee attempted to invite his spouse, a member of the United States Air Force, aboard a mission support flight,’ a Secret Service spokesperson told Fox News Digital Tuesday.

‘The aircraft, operated by the U.S. Air Force, was being used by the Secret Service to transport personnel and equipment,’ the spokesperson added. ‘Prior to the overseas departure, the employee was advised by supervisors that such action was prohibited, and the spouse was subsequently prevented from taking the flight. No Secret Service protectees were aboard, and there was no impact to our overseas protective operations.’

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President Donald Trump clashed with a reporter Thursday over questions about a newly signed tariff, telling him that he had spent his first term ‘fighting lunatics like you.’ The intense exchange follows a White House signing ceremony for a series of executive actions aimed at expanding reciprocal tariffs and strengthening U.S. trade policy.

While speaking with reporters at the White House after the signing, a reporter confronted Trump on why he is emphasizing tariffs more in his second term. 

‘You’re weighing your decision to do that, your authority to do that based on a 1977 law. It’s never been invoked before,’ said the reporter. ‘Why didn’t you invoke this law in your first term? You could have taken in billions upon billions of dollars in your first term, but you waited until your second term?’

Without missing a beat, the president shot back: ‘Yeah, because in my first term, I was fighting lunatics like you who were trying to do things incorrectly and inappropriately to a president that was duly elected.’ 

‘And we did do certain tariffs in the first term,’ he continued. ‘If you look at China, China, we took in hundreds of billions of dollars from China.’ 

He also said that the COVID-19 pandemic also played a factor in his decision to not emphasize tariffs as much in his first term.

‘When Covid came the last thing I was going to do is tell France and Italy and Spain and a couple of other countries that we’re going to hit you with tariffs,’ he explained. ‘We had to fight the Covid situation when that came.’ 

‘But if you look at my first term,’ he went on, ‘We took in hundreds of billions of dollars’ worth of tariffs, but you people didn’t cover it very well.’ 

A statement by the White House said that Trump’s executive actions taken on Thursday ‘reflects the President’s continued efforts to protect the United States against foreign threats to the national security and economy of the United States by securing fair, balanced, and reciprocal trade relationships to benefit American workers, farmers, and manufacturers and to strengthen the United States’ defense industrial base.’ 

This comes shortly after Trump and European Commission President Ursula von der Leyen announced a trade deal between the U.S. and E.U. on Sunday.

‘We are agreeing that the tariff straight across for automobiles and everything else will be a straight-across tariff of 15%,’ Trump said.

‘So, we have a tariff of 15%. We have the opening up of all of the European countries, which I think I could say were essentially closed. I mean, you weren’t exactly taking our orders. You weren’t exactly taking our agriculture,’ he added, addressing von der Leyen.

Von der Leyen said Europe will also purchase $150 billion worth of U.S. energy as part of the deal, in addition to making $600 billion in other investments into the U.S.

Fox News Digital’s Anders Hagstrom and Stephen Sorace contributed to this report.

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Sranan Gold Corp. (CSE: SRAN) (FSE: P84) (Tradegate: P84) (‘Sranan’ or the ‘Company’) announces additional high-grade results from sampling within Randy’s Pit, which is located within its Tapanahony Project in Suriname.

Nine grab samples were taken from within shafts that were recently opened by local miners (see Figure 1) immediately north of Randy’s Pit. The highlight samples returned 76.6 grams per tonne (g/t) gold and 23.7 g/t gold, and the most northern shaft showed west-dipping transposed sugary veins with grab samples up to 6.5 g/t gold.

In total, locals have excavated by hand four shafts that range from 20 to 30 metres in depth. Access to these underground workings provides an opportunity to better understand the orientation and associated alteration of the mineralization that will be the target of the initial drill holes of the Company’s inaugural drill program. The mineralized saprolite within these workings contains transposed sugary-textured quartz veins and intense sericite-limonite alteration. Quartz veins and iron sulfides that oxidize to limonite are typically associated with gold.

Dr. Dennis LaPoint, EVP of Exploration and Corporate Development, commented: ‘These shafts and sampling are very exciting for the potential of the Randy trend. This sampling is instrumental in assisting Sranan in the initiation of drilling. We are better defining the orientation of the mineralized structures while demonstrating the presence of high-grade gold.’

In addition to the surface and underground sampling, the Company has initiated a trenching program. The trenches are designed to test the continuity of the gold mineralization. The initial trenches will be up to 150 metres to the south beyond the pit limits.

Samples are prepared and assayed by Filab in Paramaribo, Suriname. All samples >2 g/t were re-assayed with 50 gm re-assay and gravimetric assay. Standard QA/QC procedures were followed which showed a satisfactory level of reproducibility. Grab samples indicate promising evidence of high-grade gold. Channel sampling, trenching and drilling are the steps to determine average grade and thickness. The Company notes that grab samples are selected samples and may not represent true underlying mineralization.

Figure 1: Recent drone image by Sranan Gold of Randy’s Pit, the new shafts, and location of high-grade samples.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10997/260820_image.jpg

Stock Options

The Company announces that it has granted a total of 100,000 stock options to a consultant at an exercise price C$0.51 per share, for a term of five (5) years.

About Sranan Gold 

Sranan Gold Corp. is engaged in the business of mineral exploration and the acquisition of mineral property assets in Suriname. The highly prospective Tapanahony Project is located in the heart of Suriname’s modern-day gold rush. Tapanahony covers 29,000 hectares in one of the oldest and largest small-scale mining areas in Suriname. There is significant production from saprolite by local miners along a 4.5-kilometre trend, where several areas of mining have been opened.

Sranan Gold is also exploring its Aida Property consisting of five mineral claims covering an area of 2,335.42 hectares on the Shuswap Highland within the Kamloops Mining Division.

For more information, visit sranangold.com.

Qualified Person

Dr. Dennis J. LaPoint, Ph.D., P.Geo. a ‘qualified person’ as defined under National Instrument 43‐101, has reviewed and approved the scientific and technical information in this release. Dr. LaPoint is not independent of Sranan Gold, as he is the Company’s EVP Exploration and Corporate Development.

Information contact
Oscar Louzada, CEO
+31 6 25438975

THE CANADIAN SECURITIES EXCHANGE HAS NOT APPROVED NOR DISAPPROVED THE CONTENT OF THIS PRESS RELEASE.

Forward-looking statements

Certain statements in this release constitute ‘forward-looking statements’ or ‘forward-looking information’ within the meaning of applicable securities laws including, without limitation, the timing, nature, scope and details regarding the Company’s exploration plans and results at its projects. Such statements and information involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company, its projects, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Such statements can be identified by the use of words such as ‘may’, ‘would’, ‘could’, ‘will’, ‘intend’, ‘expect’, ‘believe’, ‘plan’, ‘anticipate’, ‘estimate’, ‘scheduled’, ‘forecast’, ‘predict’ and other similar terminology, or state that certain actions, events or results ‘may’, ‘could’, ‘would’, ‘might’ or ‘will’ be taken, occur or be achieved. These statements reflect the company’s current expectations regarding future events, performance and results and speak only as of the date of this release. Further details about the risks applicable to the Company are contained in the Company’s public filings available on SEDAR+ (www.sedarplus.ca), under the Company’s profile.

Forward-looking statements and information contained herein are based on certain factors and assumptions regarding, among other things, the estimation of mineral resources and reserves, the realization of resource and reserve estimates, metal prices, taxation, the estimation, timing and amount of future exploration and development, capital and operating costs, the availability of financing, the receipt of regulatory approvals, environmental risks, title disputes and other matters. While the Company considers its assumptions to be reasonable as of the date hereof, forward-looking statements and information are not guarantees of future performance and readers should not place undue importance on such statements as actual events and results may differ materially from those described herein. The Company does not undertake to update any forward-looking statements or information except as may be required by applicable securities laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/260820

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Finland has taken the top spot in the Fraser Institute’s 2024 Annual Survey of Mining Companies, edging out various US states in what analysts call an increasingly competitive global investment landscape for mining.

The Nordic nation climbed from 17th to 1st place on the Investment Attractiveness Index, driven by high marks for both mineral potential and policy stability.

The United States dominated the global top 10 with four entries, while Canada saw fewer provinces among the global leaders than in past years despite Saskatchewan and Newfoundland & Labrador continuing to buck that trend.

The Fraser Institute’s report, now in its 26th year, is the mining industry’s most cited benchmark of investment sentiment. The annual report combines perceptions of geologic potential with policy factors across 82 jurisdictions.

For this year’s iteration, a total of 350 industry executives and managers were surveyed between August and December 2024.

“Policymakers across the globe should understand that mineral deposits alone are not enough to attract investment,” said Elmira Aliakbari, director of the Fraser Institute’s Centre for Natural Resource Studies, in the official press release.

“A sound, predictable regulatory regime coupled with competitive fiscal policies make a jurisdiction attractive to investors,” Aliakbari added.

Canada sees varying success, US and Australia a mixed bag

Saskatchewan remained Canada’s top-performing province and the only Canadian jurisdiction in the global top 10 besides Newfoundland & Labrador. Saskatchewan ranked 7th overall and placed 3rd globally in the Policy Perception Index, thanks to consistent permitting efficiency and institutional support.

As for permitting, over half (56 percent) of respondents in Saskatchewan reported obtaining permits within two months—far ahead of the Canadian average of 27 percent.

Newfoundland and Labrador also gained ground, landing at 8th globally. It had the highest permitting speed in Canada, with 86 percent of respondents saying they received exploration permits within two months. Respondents also praised the province for its transparent environmental regulations and growing political support for mining projects.

By contrast, Quebec fell sharply to 22nd place in the global index after enjoying a top-10 position for the past four years. Though 33 percent of respondents still reported obtaining permits in under two months, concerns over policy direction outweighed its mineral appeal.

Moreover, the report underscores that some Canadian jurisdictions are failing to convert mineral wealth into investment due to poor policy frameworks. Yukon, British Columbia, and Manitoba all ranked in the top 10 globally for mineral potential, but slipped to 40th, 32nd, and 43rd respectively in overall investment attractiveness.

Yukon, in particular, saw 75 percent of respondents report that it took more than 11 months to obtain exploration permits. In Nova Scotia, one of the bottom 10 jurisdictions globally, 60 percent reported similar delays, compounded by unresolved land disputes and opaque environmental rules.

Nova Scotia ranked near the bottom alongside Ethiopia, Suriname, Niger, and Mozambique. While Ethiopia was rated lowest globally, Canadian provinces were the only high-income jurisdictions to appear in the bottom 10.

Meanwhile, the US continues to outperform many global competitors by rounding up the top spots. Nevada and Alaska secured second and third place, respectively, with Wyoming and Arizona close behind. Alaska and Utah led all US jurisdictions in permitting speed: 86 and 80 percent of respondents in those states said they received permits within six months.

Australia presented a mixed picture. Though it has strong geological endowments, permitting issues weighed heavily. In the Northern Territory, only 9 percent of respondents obtained permits within two months, while Victoria and Queensland recorded delays exceeding 11 months for 60 and 50 percent of respondents, respectively.

Methodology and key indicators

The Fraser Institute’s Investment Attractiveness Index combines two main indicators: a jurisdiction’s geologic potential (weighted 60 percent) and its Policy Perception Index (weighted 40 percent). The latter evaluates a combination of factors, which include: taxation, regulatory quality, permit timelines, land access, and political risk.

Permit speed emerged again this year as a key differentiator between top- and bottom-performing regions. In this sub-survey, Newfoundland & Labrador and Saskatchewan were the only Canadian provinces where a majority of respondents obtained permits in two months or less. Across the country, the average was just 27 percent.

In the US, and to a lesser extent Finland and Ireland, strong policy environments and predictable permitting timelines set them apart. Globally, the jurisdictions most penalized in the rankings were those with perceived political instability, inconsistency, or sluggish permitting regimes.

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

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(TheNewswire)

 

      

   
                 

 

GRANDE PRAIRIE, ALBERTA – July 31, 2025 TheNewswire – Angkor Resources Corp. (TSXV: ANK,OTC:ANKOF) (‘ANGKOR’ OR ‘THE COMPANY’) announces its contributing aid for displaced residents due to the recent border conflict.

 

  For tens of thousands of Khmer citizens, evacuations and leaving their homes and villages due to the recent border conflict created significant hardship.  Many of the displaced personnel live day-to-day and have little savings to replenish basic food and water supplies and necessities for daily life.  

 

  Angkor contributed five tonnes of rice and household containers as part of family support for community members that had their villages and homes damaged or were evacuated due to proximity to the conflict.  Many of the displaced people were existing at a near subsistence level, so loss of food and water supplies is devastating upon returning home.  

 

    
Click Image To View Full Size
 

 

  Figure     1   Angkor’s Administrative Coordinator, Thearum Nguon coordinates donation of rice with other organizers to provide relief to needy community members displaced due to the recent border conflict.  

 

   Thailand and Cambodia have been involved in a recent border conflict which flared up in May and escalated to military fighting last week, causing over 260,000 people to be displaced on both sides of the border. The Prime Ministers of both countries met in Malaysia and agreed to a ceasefire on Monday July 28     th     .  Khmer villages are beginning to return to their border villages, many of which were damaged or destroyed during the conflict.   

 

   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.  Since its initial presence in Cambodia, ANGKOR has set precedents for community and social development across all its projects.   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     .   

 

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

 

   Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including, but not limited to the potential for gold and/or other minerals at any of the Company’s properties, the prospective nature of any claims comprising     the Company’s property interests, the impact of general economic conditions, industry conditions, dependence upon regulatory approvals, uncertainty of sample results, timing and results o     f future exploration, and the availability of financing.  Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.   

 

Copyright (c) 2025 TheNewswire – All rights reserved.

 

 

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Group Eleven Resources Corp. (TSXV: ZNG,OTC:GRLVF) (OTCQB: GRLVF) (FSE: 3GE) (the ‘Company’) is pleased to announce the closing of its previously-announced ‘bought deal’ private placement for aggregate gross proceeds of C$5,750,000 (the ‘Offering’) through the issuance of 17,968,750 common shares of the Company (the ‘Common Shares’) at a price of C$0.32 per Common Share. The Offering was completed pursuant to an underwriting agreement between the Company, and Cormark Securities Inc. and Beacon Securities Limited (together, the ‘Underwriters’) and included the full exercise of the Underwriters’ option.

The Company intends to use the net proceeds from the Offering to expand the remaining funded exploration drill program at Ballywire from approximately 5,000m to approximately 25,000m, and for working capital and general corporate purposes.

The Common Shares were offered and sold in Canada pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 – Prospectus Exemptions (‘NI 45-106‘), as amended by Coordinated Blanket Order 45-935 – Exemptions from Certain Conditions of the Listed Issuer Financing Exemption (the ‘LIFE exemption‘) and pursuant to the accredited investor exemption under section 2.3 of NI 45-106 (the ‘Accredited Investor exemption‘). The Common Shares were also offered and sold in certain jurisdictions outside of Canada where there would be no prospectus filing or comparable obligation, ongoing reporting requirement or requisite regulatory or governmental approval in such jurisdictions. The Common Shares issued under the Offering to Canadian purchasers (other than in the province of Québec) and offshore purchasers pursuant to the LIFE exemption are not subject to a hold period, subject to the hold period imposed by the TSX Venture Exchange for an insider purchaser described below. The Common Shares issued under the Offering pursuant to the Accredited Investor exemption are subject to a hold period of four months and one day.

In connection with the Offering, the Company paid the Underwriters an aggregate cash commission of C$314,550 and issued to the Underwriters an aggregate of 887,812 compensation warrants (the ‘Compensation Warrants‘). Each Compensation Warrant is exercisable to acquire one Common Share at a price of C$0.32 until July 31, 2027, subject to adjustment in certain events. The Compensation Warrants are subject to a hold period of four months and one day.

Glencore Canada Corporation (‘Glencore‘) did not exercise its participation right, which was triggered by the Offering. Following completion of the Offering, Glencore holds an approximate 14.1% ownership interest in the Company.

A director of the Company (the ‘Insider‘) acquired 156,250 Common Shares pursuant to the Offering. Participation by the Insider in the Offering was a ‘related party transaction’ within the meaning of that term in Multilateral Instrument 61-101 – Protection of Minority Shareholders in Special Transactions (‘MI 61-101‘). The Company is relying on the exemptions from the formal valuation requirement set out in section 5.5(a) and the minority approval requirement set out in section 5.7(1)(a) of MI 61-101 on the basis that, at the time the Offering was agreed to, neither the fair market value of the subject matter of, nor the fair market value of the consideration for, the Offering, insofar as it involved interested parties, exceeded 25% of the Company’s market capitalization.

The Company did not file a material change report at least 21 days in advance of the closing of the Offering as the participation of the Insider in the Offering had not been confirmed at that time. The Common Shares issued to the Insider are subject to a hold period of four months under the policies of the TSX Venture Exchange.

Qualified Person

Technical information in this news release has been approved by Professor Garth Earls, Eur Geol, P.Geo, FSEG, geological consultant at IGS (International Geoscience Services) Limited, an independent ‘Qualified Person’ as defined under National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

About Group Eleven Resources

Group Eleven Resources Corp. (TSXV: ZNG,OTC:GRLVF) (OTCQB: GRLVF) and (FSE: 3GE) is drilling the most significant mineral discovery in the Republic of Ireland in over a decade. The Company announced the Ballywire discovery in September 2022, demonstrating high grades of zinc, lead, silver, copper, germanium and locally, antimony. Key intercepts to date include:

  • 10.8m of 10.0% Zn+Pb and 109 g/t Ag (G11-468-03)
  • 10.1m of 8.6% Zn+Pb and 46 g/t Ag (G11-468-06)
  • 10.5m of 14.7% Zn+Pb, 399 g/t Ag and 0.31% Cu (G11-468-12)
  • 11.2m of 8.9% Zn+Pb and 83 g/t Ag (G11-3552-03)
  • 29.6m of 10.6% Zn+Pb, 78 g/t Ag and 0.15% Cu (G11-3552-12)
  • 11.8m of 11.6% Zn+Pb, 48 g/t Ag (G11-3552-18)
  • 15.6m of 11.6% Zn+Pb, 122 g/t Ag and 0.19% Cu (G11-3552-27)
  • 12.0m of 1.4% Zn+Pb, 560 g/t Ag, 2.30% Cu and 0.17% Sb (25-3552-31), including
  • 6.4m of 2.1% Zn+Pb, 838 g/t Ag, 3.72% Cu and 0.27% Sb (25-3552-31)
  • 39.7m of 9.5% Zn+Pb, 131 g/t Ag and 0.27% Cu (25-3552-35)

Ballywire is located 20km from Company’s 77.64%-owned Stonepark zinc-lead deposit1, which itself is located adjacent to Glencore’s Pallas Green zinc-lead deposit2. The Company’s two largest shareholders are Michael Gentile (15.3%) and Glencore Canada Corporation (15.2% interest). Additional information about the Company is available at www.groupelevenresources.com.

ON BEHALF OF THE BOARD OF DIRECTORS
Bart Jaworski, P.Geo. 
Chief Executive Officer

E: b.jaworski@groupelevenresources.com | T: +353-85-833-2463 
E: j.lau@groupelevenresources.com | T: 604-781-4915

Cautionary Note Regarding Forward-Looking Information

This press release contains forward-looking information (‘forward-looking statements’) within the meaning of applicable securities legislation. Such statements include, without limitation, statements regarding the use of proceeds from the Offering, the future results of operations, performance and achievements of the Company, including the Company drilling the most significant mineral discovery in the Republic of Ireland in over a decade. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward looking statements as a result of various factors, including, but not limited to, variations in the nature, quality and quantity of any mineral deposits that may be located. All of the Company’s public disclosure filings may be accessed via www.sedarplus.ca and readers are urged to review these materials, including the technical reports filed with respect to the Company’s mineral properties.

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

1 Stonepark MRE is 5.1 million tonnes of 11.3% Zn+Pb (8.7% Zn and 2.6% Pb), Inferred (Apr-17-2018)
2 Pallas Green MRE is 45.4 million tonnes of 8.4% Zn+Pb (7.2% Zn + 1.2% Pb), Inferred (Glencore, Dec-31-2024)

Not for distribution to U.S. news wire services or dissemination in the United States

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/260814

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 Kobo Resources Inc. (‘ Kobo’ or the ‘ Company ‘) ( TSX.V: KRI ) is pleased to announce it has entered into a new earn-in agreement as part of its broader regional exploration strategy to evaluate prospective gold bearing structural corridors in Côte d’Ivoire, West Africa.

 

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250731071790/en/  

 

 

Figure 1: Location Map Yakassé Gold Project

 

 

  Key Highlights  

 

  •   Kobo has entered into an earn-in agreement (the ‘Geoservices Earn-In Agreement’) on a permit application with GEOSERVICES CI SA (‘Geoservices’), a local Ivorian exploration company based in Abidjan, Côte d’Ivoire   on July 20, 2025  
  •  

  •   Adds 74.06 km² of prospective exploration ground to the Company’s portfolio, located within a regional gold corridor northeast of Abidjan, Côte d’Ivoire in the Adzope Region  
  •  

  •   The Yakassé Project is supported by historical work from other operators, including Newmont Corp. (‘Newmont’), confirming gold anomalies and multiple high-grade intercepts  
  •  

Edward Gosselin, CEO and Director of Kobo commented: ‘Our earn-in agreement on the Yakassé Project marks a meaningful step in Kobo’s strategy to expand our exploration portfolio in one of Côte d’Ivoire’s promising gold regions. This project sits within a structurally complex and underexplored area that has already returned high-grade results from past drilling by reputable operators. With its expected strong regional potential and well-developed infrastructure, the Yakassé Projec t aligns with our long-term growth strategy. Subject to the approval of the pending application, we look forward to advancing exploration on this project with Geoservices as we continue unlocking new opportunities alongside the development of our flagship Kossou Project .’  

 

  Geoservices – Earn-In Agreement Overview  

 

  Geoservices applied for a gold exploration license on February 23, 2021, in the Adzopé/Yakassé-Attobrou departments which was updated and its perimeter increased at Kobo’s request from 67 km 2 to 74.06 km 2 on July 17, 2025. The application is in the vicinity of the Nesdave permit (PR-0973 73.5 km 2 ) which is covered by another earn-in agreement signed in February 2025 as well as to the Kuniboa application (18.3 km 2 ) located next to the Nesdave permit (see Figures 1 & 2).

 

Subject to Geoservices being granted a research permit for an initial four-year term, the Company and Geoservices will conduct the exploration activities. The Company has made an initial payment of C$20,000 upon the signing of the Geoservices Earn-In agreement following the update of the application. Another payment in the amount of C$10,000 will be made by the Company upon approval of the Application by the Interministerial Commission and a final payment of C$20,000 and, subject to the approval of the TSX Venture Exchange Inc., the issuance of 30,000 common shares of the Company to Geoservices upon it being granted by decree an exploration permit.

 

Once the exploration permit is issued by decree, the Company can acquire a 90% interest in the license over the first four years by investing a minimum of 295 million CFA F (approximately C$719,500). The first year requires an investment of 77 million CFA F or approximately C$187,800 to acquire an interest of 18% in the permit. The second year requires a minimum investment of 67 million CFA F (approximately C$163,400) to acquire an 19% interest in the exploration permit. The third year requires the Company to invest a minimum of 68 million CFA F (approximately C$165,853) for a 28% interest in the permit and the fourth year requires a minimal investment of 83 million CFA F (approximately C$202,400) for an additional 25% interest in the permit bringing the total to 90% over the four years.

 

In the event the Company elects to apply for an exploitation license (an ‘ Exploitation License ‘) with respect to any of the properties covered under the Geoservices Earn-In Agreement , the Company and Geoservices will constitute a joint venture with respect to the exploitation of such property which will be held as to 81% by the Company, 9% by Geoservices and 10% by the Government of Côte d’Ivoire. The Company will be entitled to purchase, at any given time, from Geoservices an additional 4% interest in the joint venture for a cash payment of C$2.0 million.

 

The Geoservices Earn-In Agreemen t grants a 1% net smelter return (‘ NSR ‘) to Geoservices with the Company retaining the right to buy back 50% of such 1% NSR in consideration of a C$1.0 million payment. Following commissioning of facilities to commercially exploit a discovery, Geoservices will also be entitled to receive, subject to approval of the TSX Venture Exchange (‘ TSXV ‘), 350,000 common shares of the Company’s share-capital.

 

Subject to approval from the TSXV, Kobo will issue 30,000 common shares to Geoservices upon Geoservices being granted by decree an exploration permit. Such common shares will be issued to Geoservices pursuant to an exemption from the prospectus requirements of applicable Canadian securities laws and will be subject to a hold period of four months and one day.

 

  Yakassé Gold Project – Overview  

 

The Yakassé Project is located approximately 100 km northeast of Abidjan and is easily accessible by paved and gravel roads. The 74.06 km² permit application lies within a highly prospective region characterized by NE-SW trending Birimian metavolcanic and metasedimentary units intruded by granitoids. Gold mineralization in the area is structurally controlled, associated with shear zones and quartz veining, and has been the focus of significant historic artisanal and small-scale mining activity.

 

Previous exploration by reputable operators, including, most recently, Newmont (2007–2010), outlined widespread gold anomalies and confirmed the potential for mineralized systems at the Yakassé Project . Newmont’s work included extensive soil geochemistry, auger drilling, and over 3,500 metres (‘ m ‘) of reverse circulation (‘ RC ‘) drilling 1 . Several broad, near-surface gold intercepts were reported, including 44.0 m at 2.32 g/t Au , 48.0 m at 1.20 g/t Au , and 20.0 m at 1.69 g/t Au , highlighting the strong mineral potential associated with NE-SW trending shear zones. Importantly, the Company believes the structural trends observed at Yakassé may represent parallel systems to those present at its nearby Nesdave permit and Kuniboa application, underscoring the broader regional opportunity to consolidate and explore an underexplored but prospective gold corridor in southeastern Côte d’Ivoire.

 

  Nesdave Earn-In Agreements  

 

As announced on March 4, 2025, Kobo previously entered into earn-in agreements (the ‘ Nesdave Earn-In Agreements ‘) with NESDAVE MINING SARL (‘ Nesdave ‘) with respect to two exploration licences, PR-0970 and PR-0973.

 

Pursuant to the Nesdave Earn-In Agreements , as amended on July 25, 2025, the Company can acquire (i) a 90% interest in the PR-0970 license over the next four years by investing 550 million CFA F (approximately C$1.25 million), with 75 million CFA F (approximately C$171,500) being invested in the first year, and (ii) a 90% interest in the PR-0973 license over the next four years by investing 555 million CFA F (approximately C$1.27 million), with 80 million CFA F (approximately C$183,000) being invested in the first year.

 

Furthermore, in the event Kobo elects to apply for an Exploitation Licence with respect to any of the properties covered under the Nesdave Earn-In Agreements , Kobo and Nesdave will constitute a joint venture with respect to the exploitation of such property which will be held as to 80% by Kobo , 10% by Nesdave and 10% by the Government of Côte d’Ivoire.

 

Finally, each of the Nesdave Earn-In Agreements grants a 1% NSR to Nesdave with the Company retaining the right to buy back 50% of such NSR in consideration of a C$1.0 million payment. Following the completion of a positive Feasibility Study leading to the issuance of an Exploitation License, Nesdave will also be entitled to receive (i) a bonus payment of C$1.00 per proven and probable ounce of gold discovered and (ii) subject to approval of the TSXV, 350,000 common shares of the Company’s share-capital.

 

Subject to approval from the TSXV, Kobo will issue 60,000 common shares to Nesdave in connection with the execution of the Nesdave Earn-In Agreements . Such common shares will be issued to Nesdave pursuant to an exemption from the prospectus requirements of applicable Canadian securities laws and will be subject to a hold period of four months and one day.

 

  Review of Technical Information  

 

The scientific and technical information in this press release has been reviewed and approved by Paul Sarjeant, P.Geo., who is a Qualified Persons as defined in National Instrument 43-101. Mr. Sarjeant is the President and Chief Operating Officer and Director of Kobo.

 

  About Kobo Resources Inc.  

 

  Kobo Resources  is a growth-focused gold exploration company with a compelling new gold discovery in Côte d’Ivoire, one of West Africa’s most prolific and developing gold districts, hosting several multi-million-ounce gold mines. The Company’s 100%-owned Kossou Gold Project is located approximately 20 km northwest of the capital city of Yamoussoukro and is directly adjacent to one of the region’s largest gold mines with established processing facilities.

 

With over 18,500 metres of diamond drilling, nearly 5,900 metres of reverse circulation (RC) drilling, and 5,900 metres of trenching completed since 2023, Kobo has made significant progress in defining the scale and prospectivity of its Kossou’s Gold Project . Exploration has focused on multiple high-priority targets within a 9+ km strike length of highly prospective gold-in-soil geochemical anomalies, with drilling confirming extensive mineralisation at the Jagger, Road Cut, and Kadie Zones. The latest phase of drilling has further refined structural controls on gold mineralisation, setting the stage for the next phase of systematic exploration and resource development.

 

Beyond Kossou , the Company is advancing exploration at its Kotobi Permit and is actively expanding its land position in Côte d’Ivoire with prospective ground, aligning with its strategic vision for long-term growth in-country. Kobo remains committed to identifying and developing new opportunities to enhance its exploration portfolio within highly prospective gold regions of West Africa. Kobo offers investors the exciting combination of high-quality gold prospects led by an experienced leadership team with in-country experience. Kobo’s common shares trade on the TSX Venture Exchange under the symbol ‘KRI’. For more information, please visit www.koboresources.com .

 

NEITHER THE TSXV NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSXV) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

 

   Cautionary Statement on Forward-looking Information:   

 

  This news release may contain ‘forward-looking information’ and ‘forward-looking statements’ (collectively, ‘forward-looking statements’) within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as ‘expects’, or ‘does not expect’, ‘is expected’, ‘anticipates’ or ‘does not anticipate’, ‘plans’, ‘budget’, ‘scheduled’, ‘forecasts’, ‘estimates’, ‘believes’ or ‘intends’ or variations of such words and phrases or stating that certain actions, events or results ‘may’ or ‘could’, ‘would’, ‘might’ or ‘will’ be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements, including statements related to the issue of the common shares, the future development of the Company and the Company’s plan with respect to the properties subject to the Geoservices   Earn-In Agreement and the Nesdave Earn-In Agreements. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable as at the date of this news release, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: general business, economic, competitive, political and social uncertainties; the inherent risks involved win the exploration and development of mineral properties; unanticipated costs and expenses; the delay or failure to receive board, shareholder or regulatory approvals; and other risk factors listed from time to time in our documents filed with Canadian securities regulators on SEDAR+ at www.sedarplus.ca . There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news release. Except as required by law, Kobo assumes no obligation and/or liability to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law.  

 

  1 Newmont Mining, Internal Report, Adzope License (Coté d’Ivoire) Final Report, October 2010

 

  

 

  View source version on businesswire.com:    https://www.businesswire.com/news/home/20250731071790/en/   

 

 

For further information, please contact:

 

Edward Gosselin
Chief Executive Officer and Director
1-418-609-3587
ir@kobores.com  

 

Twitter: @KoboResources | LinkedIn: Kobo Resources Inc. 

 

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