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Trump calls for $1.5T defense budget to build ‘dream military’

President Donald Trump called for defense spending to be raised to $1.5 trillion, a 50% increase over the current budget. 

‘After long and difficult negotiations with Senators, Congressmen, Secretaries, and other Political Representatives, I have determined that, for the Good of our Country, especially in these very troubled and dangerous times, our Military Budget for the year 2027 should not be $1 Trillion Dollars, but rather $1.5 Trillion Dollars,’ Trump wrote on Truth Social Thursday evening. 

‘This will allow us to build the ‘Dream Military’ that we have long been entitled to and, more importantly, that will keep us SAFE and SECURE, regardless of foe.’ 

The president said he came up with the number after tariff revenues created a surplus of cash. He claimed the levies were bringing in enough money to pay for both a major boost to the defense budget ‘easily,’ pay down the national debt, which is more than $38 trillion, and offer ‘a substantial dividend to moderate income patriots.’

The boost likely reflects efforts to fund Trump’s ambitious military plans, from the Golden Dome homeland missile defense shield to a new ‘Trump class’ of battleships.

The Committee for a Responsible Federal Budget found that the increased budget would cost about $5 trillion from 2027 to 2035, or $5.7 trillion with interest. Tariff revenues, the group found, would cover about half the cost — $2.5 trillion, or $3 trillion with interest. 

The Supreme Court is expected to rule in a major case Friday that will determine the legality of Trump’s sweeping tariff strategy.

In 2026, the defense budget is expected to breach $1 trillion for the first time thanks to a $150 billion reconciliation bill Congress passed to boost the expected $900 billion defense spending legislation for fiscal year 2026. Congress has yet to pass a full-year defense budget for 2026.

Some Republicans have long called for a major increase to defense spending to bring the topline total to 5% of GDP, as the $1.5 trillion budget would do, up from the current 3.5%.

Trump has ramped up pressure on Europe to increase its national security spending to 5% of GDP — 3.5% on core military requirements and 1.5% on defense-related areas like cybersecurity and critical infrastructure.

Trump’s budget announcement came hours after defense stocks took a dip when he condemned the performance rates of major defense contractors. In a separate Truth Social post, he announced he would not allow defense firms to buy back their own stocks, offer large salaries to executives or issue dividends to shareholders. 

‘Executive Pay Packages in the Defense Industry are exorbitant and unjustifiable given how slowly these Companies are delivering vital Equipment to our Military, and our Allies,’ he said. 

‘​Defense Companies are not producing our Great Military Equipment rapidly enough and, once produced, not maintaining it properly or quickly.’

He said that executives would not be allowed to make above $5 million until they build new production plants.

Stock buybacks, dividends and executive compensation generally are governed by securities law, state corporate law and private contracts, and cannot be broadly restricted without congressional action.

An executive order the White House released Wednesday frames the restrictions as conditions on future defense contracts, rather than a blanket prohibition. The order directs the secretary of war to ensure that new contracts include provisions barring stock buybacks and corporate distributions during periods of underperformance, non-compliance or inadequate production, as determined by the Pentagon.

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National security experts sound alarm over CCP-linked land ownership near US military bases: ‘Unthinkable’

National security experts are sounding the alarm over a report that the Chinese Communist Party’s reach inside the United States could include two golf courses located right on the doorstep of one of the country’s most critical military bases. 

News this week that a Chinese intelligence officer is the owner of two golf courses on both sides of Louisiana’s Barksdale Air Force Base, which controls aspects of the U.S. nuclear trial, raised concerns from several China experts who spoke to Fox News Digital. The Daily Caller was the first to report the story. 

Josh Hodges, U.S. commissioner for the U.S.–China Economic and Security Review Commission, told Fox News Digital the case underscores longstanding vulnerabilities the federal government has failed to address.

‘This investigation is yet another wake-up call,’ Hodges said. ‘The CCP operates by buying proximity, embedding influence and exploiting blind spots near our most sensitive military installations, while simultaneously embedding in critical infrastructure like America’s power grid.

‘The USCC’s November 2025 report identified these types of risks clearly, including the persistent threat from operations like Volt Typhoon pre-positioning assets for potential sabotage. It is long past due for the U.S. to revamp our counterintelligence efforts and take steps to address these vulnerabilities within our borders.’

The report states that the golf courses are owned by Eugene Ji, a Chinese-American businessman who has held multiple positions in the Chinese government, adding they were bought with the purpose of a ‘networking opportunity for Chinese and American business people.’

Ji has served as an official with the United Front Work Department (UFWD), an arm of the Chinese Communist Party that helps coordinate information campaigns that Republicans in Congress have worked to sanction, calling it a ‘disinformation network.’

Michael Lucci, founder and CEO of State Armor, told Fox News Digital that Louisiana is one of the top states when it comes to combating possible malign influence from the CCP but that more needs to be done to ensure sensitive military installations aren’t compromised. 

‘Louisiana state lawmakers are national leaders in countering Communist China, and today’s blockbuster investigation makes crystal clear that their mission-critical work must continue,’ Lucci said.

‘A Chinese intelligence official with huge property purchases next to Barksdale Air Force Base is proof positive that Chinese land acquisitions are strategic and malicious. This is no coincidence. It reflects a deliberate CCP strategy to pre-position near America’s most sensitive military and critical infrastructure assets to exploit for intelligence today and sabotage in the event of a future conflict.’

Lucci warned that failure to act decisively could leave the U.S. exposed during a future confrontation with China.

‘States must act quickly, and Louisiana must continue to lead, by not only banning Communist China from owning assets near military installations and critical infrastructure, but also by ejecting blatant security threats that threaten national security.’

Former Trump administration official Joe Grogan, co-founder and president of Public Policy Solutions, told Fox News Digital the issue should not be confused with free market investment.

‘It is unthinkable that agents of communist China could be allowed to take possession of property so close to one of our nation’s most vital strategic assets,’ Grogan said. ‘We can’t confuse this insidious incursion with free enterprise. Make no mistake, land purchases by Chinese nationals near our military infrastructure present a clear and present danger.’

Grogan called for stronger coordination between Washington and state governments to close gaps that hostile foreign actors can exploit.

‘The need for greater cooperation between federal and state agencies to confront threats like these could not be more clear,’ he said.

Fox News Digital reached out to the golf properties for comment. 

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Trump blasts GOP war powers defectors, says they ‘should never be elected to office again’

President Donald Trump unleashed his fury on a handful of Senate Republicans who rebelled against him on Thursday, demanding that they never be re-elected. 

Five Senate Republicans broke ranks to support a bipartisan war powers resolution from Sen. Tim Kaine, D-Va., geared toward reining in Trump’s ability to pursue further military action in Venezuela. 

It served as a rare rebuke from Sens. Susan Collins, R-Maine, Todd Young, R-Ind., Lisa Murkowski, R-Alaska, Josh Hawley, R-Mo., and Rand Paul, R-Ky., in a Republican-controlled Senate that has largely accepted and advanced many of Trump’s legislative desires. 

Trump was not happy about it. 

‘Republicans should be ashamed of the Senators that just voted with Democrats in attempting to take away our Powers to fight and defend the United States of America,’ Trump wrote on Truth Social. 

‘Susan Collins, Lisa Murkowski, Rand Paul, Josh Hawley, and Todd Young should never be elected to office again,’ he continued. ‘This Vote greatly hampers American Self Defense and National Security, impeding the President’s Authority as Commander in Chief.’ 

Collins, in particular, faces a tough re-election challenge in Maine, where Senate Democrats got their prized candidate, Democratic Gov. Janet Mills, to jump into the race late last year. 

The Republicans that voted for the resolution argued that while they supported Operation Absolute Resolve, the code name of the mission carried out to capture former Venezuelan President Nicolás Maduro, they wanted Congress to have a say should any further military action take place. 

That decision came in part after lawmakers received briefings throughout the week from top administration officials to explain what the next steps in the country would be. 

‘With Maduro rightfully captured, the circumstances have now changed,’ Collins said in a statement ahead of the vote. ‘While I support the operation to seize Nicolás Maduro, which was extraordinary in its precision and complexity, I do not support committing additional U.S. forces or entering into any long-term military involvement in Venezuela or Greenland without specific congressional authorization.’

Trump rejected Congress’ war powers authority, calling the War Powers Act ‘unconstitutional, totally violating Article II of the Constitution, as all Presidents, and their Departments of Justice, have determined before me.’

‘Nevertheless, a more important Senate Vote will be taking place next week on this very subject,’ he said. 

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Dozens of House Republicans defy Trump, join Democrats in failed veto override effort

Dozens of House Republicans voted alongside Democrats on Thursday in a failed attempt to override the first — and so far, only — vetoes of President Donald Trump’s second term.

Trump has only issued two vetoes thus far since taking office in January 2025.

Both veto override efforts failed, but it’s significant that more than 20 Republicans voted to defy Trump’s wishes on each measure.

It’s a rare rebuke of Trump’s actions while in office, particularly notable since Republicans control both chambers of Congress as well.

One of the bills was the ‘Finish the Arkansas Valley Conduit Act,’ led by Trump ally Rep. Lauren Boebert, R-Colo.

Thirty-five Republicans joined all 213 Democrats to override Trump’s veto of that legislation, but it failed to reach the two-thirds majority necessary to do so.

Boebert’s bill was aimed at expanding the availability of fresh water in eastern Colorado, where Boebert’s district is located.

In a statement to the House of Representatives last month, Trump called the project ‘economically unviable’ and said his administration was ‘committed to preventing American taxpayers from funding expensive and unreliable’ initiatives.

Trump also called Democrat state Gov. Jared Polis a ‘bad’ leader in an interview with Politico last month explaining the veto.

‘This isn’t over,’ Boebert, a staunch ally of the president, posted on X in response to Trump’s decision.

She also insinuated in a statement to local outlets that the move could have been in response to her support for releasing the federal government’s files on Jeffrey Epstein, writing in part, ‘I sincerely hope this veto has nothing to do with political retaliation for calling out corruption and demanding accountability.’

The second bill Trump vetoed is the ‘Miccosukee Reserved Area Amendments Act,’ similarly led by Trump allies in his new home state of Florida.

Twenty-four Republicans joined 212 Democrats in voting to override that veto, but like the first bill, it did not clinch the two-thirds majority necessary to succeed.

That legislation was aimed at formally expanding the territory of the Miccosukee Native American tribe, who primarily reside in the Florida Everglades.

But in his veto explanation, Trump accused the tribe of having ‘actively sought to obstruct reasonable immigration policies that the American people decisively voted for when I was elected.’

‘My Administration is committed to preventing American taxpayers from funding projects for special interests, especially those that are unaligned with my Administration’s policy of removing violent criminal illegal aliens from the country. Ending the massive cost of taxpayer handouts and restoring fiscal sanity is vital to economic growth and the fiscal health of the Nation,’ his statement read.

But Trump’s allies struck a different chord, responding to this veto, with Sen. Rick Scott, R-Fla., telling Punchbowl News that the Senate should ‘address Trump’s concerns’ with the legislation.

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House passes nearly $180B funding package after conservative rebellion over Minnesota fraud fears

The House of Representatives has passed a federal funding package totaling nearly $180 billion, putting Congress one modest step closer to averting a government shutdown at the end of this month.

The legislation accounts for just over $174 billion aimed at partially or fully funding the departments of Commerce, Justice, Interior and Energy, including laying out the budget for NASA, the FBI and federal nuclear energy projects.

Republicans and Democrats overwhelmingly supported the final package of three bills, which passed by a 397-28 vote. Twenty-two Republicans and six Democrats voted against the bill.

It comes after the bills ran into opposition from conservative Republicans on Wednesday.

Members of the House Freedom Caucus and others on the GOP’s right flank were incensed in particular by the Commerce-Justice-Science (CJS) appropriations bill, which they felt rank-and-file lawmakers did not get proper input on putting together.

It’s one of 12 annual appropriations bills that Congress is tasked with passing each fiscal year. Congressional leaders who negotiated the legislation along bipartisan lines originally included it in a three-bill ‘minibus’ that, when passed in the House and Senate, would mean half of those dozen bills are finished.

Conservatives also threatened to kill the bill during a procedural vote on Wednesday afternoon over the inclusion of a community funding project requested by ‘Squad’ member Ilhan Omar, D-Minn.

The bill would have given $1,031,000 to Generation Hope’s Justice Empowerment Initiative, which ‘helps justice-involved Minneapolis residents break the cycle through job training and support,’ according to a description of the funding request.

But conservatives argued that the funding was just another vehicle allowing Minnesota’s Somali community to fraudulently take taxpayer funds at a time when the state is grappling with a massive fraud scandal enveloping its public service programs.

‘Fraud is running RAMPANT in Minnesota under the failed leadership of Tim Walz. Democrats want to use earmarks to funnel another $1 MILLION to a Somali-led so-called ‘Justice Empowerment Initiative’ that ABUSES taxpayer dollars,’ Rep. Ralph Norman, R-S.C., said on X.

Community project funding, also known as an ‘earmark,’ is a request that specific lawmakers make that allows their districts to directly benefit from Congress’ federal funding bills.

‘Earmarks, the currency of corruption, they’re coming back in full force in these products. And I just don’t support it,’ Rep. Chip Roy, R-Texas, told reporters Wednesday morning.

He was among the conservatives who Speaker Mike Johnson, R-La., negotiated with on the House floor for nearly half an hour as the minibus was in danger of failing during a procedural vote to allow for it to be debated.

In the end, House GOP leaders agreed to hold a separate vote on the CJS spending bill while also removing Omar’s earmark, which was also supported by Minnesota’s two Democrat senators.

‘Chalk one up for the good guys. Proud to work the last two days to stop the outrageous Ilhan Omar $1 million Somali earmark. Much more to do,’ Roy posted on X.

The CJS bill was first voted on, followed by the remaining two as a pair, and then a final vote on combining them before sending them to the Senate.

House Freedom Caucus Chairman Andy Harris, R-Md., told Fox News Digital he still anticipated ‘a number of’ his members will still vote against that bill specifically.

The legislation passed along bipartisan lines Thursday, with top House Appropriations Committee Democrat Rosa DeLauro, D-Conn., celebrating that the bill was free of GOP ‘poison pills’ earlier this week.

Its funding levels are above what was originally requested by President Donald Trump but below the threshold extending former President Joe Biden’s fiscal year 2024 spending levels via another continuing resolution would have brought.

The White House has also issued a statement of support for the minibus, which will be combined back into one bill before being sent to the Senate.

Congress has until the end of Jan. 30 to find a solution on the remaining six appropriations bills to avert another shutdown.

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European allies working on plan if US acts on acquiring Greenland: report

European allies are working together on a plan in case the Trump administration acts on acquiring Greenland, a report said Wednesday. 

French Foreign Minister Jean-Noel Barrot told France Inter radio that the subject will be raised at a meeting with the foreign ministers of Germany and Poland. 

‘We want to take action, but we want to do so together with our European partners,’ Barrot said, according to Reuters.

A German government source also told Reuters that Germany is ‘closely working together with other European countries and Denmark on the next steps regarding Greenland.’

The White House said on Tuesday that President Donald Trump views acquiring Greenland as a national security priority and that the use of the U.S. military remains an option as his administration weighs how to pursue control of the Arctic territory.

‘President Trump has made it well known that acquiring Greenland is a national security priority of the United States,’ White House press secretary Karoline Leavitt said in a statement to Fox News.  

‘The President and his team are discussing a range of options to pursue this important foreign policy goal, and of course, utilizing the U.S. Military is always an option at the Commander in Chief’s disposal,’ she added. 

When asked Wednesday for a response to the Reuters report, the White House referred Fox News Digital to Leavitt’s remarks.

Trump told reporters on Air Force One over the weekend that the U.S. needs Greenland, a Danish territory, for ‘national security.’ 

European and Nordic leaders pushed back against the comments, with Finnish President Alexander Stubb, Norwegian Prime Minister Jonas Gahr Støre and Denmark’s Ambassador to the United States Jesper Møller Sørensen underscoring their support for Denmark’s sovereignty over Greenland and stressing that its future must be determined by Greenland and Denmark alone.

A senior European official told Reuters on Wednesday that Denmark must lead any effort to coordinate a response and ‘the Danes have yet to communicate to their European allies what kind of concrete support they wish to receive.’ 

Fox News Digital’s Jasmine Baehr and Ashley Carnahan contributed to this report. 

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Trump plans to meet with Venezuela opposition leader Maria Corina Machado next week

President Donald Trump said on Thursday that he plans to meet with Venezuelan opposition leader Maria Corina Machado in Washington next week.

During an appearance on Fox News’ ‘Hannity,’ Trump was asked if he intends to meet with Machado after the U.S. struck Venezuela and captured its president, Nicolás Maduro.

‘Well, I understand she’s coming in next week sometime, and I look forward to saying hello to her,’ Trump said.

This will be Trump’s first meeting with Machado, who the U.S. president stated ‘doesn’t have the support within or the respect within the country’ to lead.

According to reports, Trump’s refusal to support Machado was linked to her accepting the 2025 Nobel Peace Prize, which Trump believed he deserved.

But Trump later told NBC News that while he believed Machado should not have won the award, her acceptance of the prize had ‘nothing to do with my decision’ about the prospect of her leading Venezuela.

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17 Republicans rebel against House GOP leaders, join Dems to pass Obamacare extension

The House of Representatives passed a bill to revive and extend COVID-19 pandemic-era enhanced Obamacare subsidies in a major victory for Minority Leader Hakeem Jeffries, D-N.Y.

Seventeen House Republicans broke ranks with GOP leaders to support the legislation after Democrats were successful in forcing a vote via a mechanism called a privileged resolution. The bill passed 230-196.

A discharge petition is a mechanism for getting legislation considered on the House floor even if the majority’s leadership is opposed to it, provided the petition gets a majority of House lawmakers’ signatures.

Jeffries filed a discharge petition late last year, which was then signed by four House Republicans — helping it clinch the critical majority threshold.

Five more House Republicans joined Democrats in a vote Wednesday evening to advance the legislation for final consideration Thursday.

The 17 Republicans who voted for the legislation were Reps. Brian Fitzpatrick, R-Pa.; Mike Lawler, R-N.Y.; Rob Bresnahan, R-Pa.; Ryan Mackenzie, R-Pa.; Mike Carey, R-Ohio; Monica De La Cruz, R-Texas; Andrew Garbarino, R-N.Y.; Will Hurd, R-Colo.; Dave Joyce, R-Ohio; Tom Kean Jr., R-N.J., Nick LaLota, R-N.Y., Max Miller, R-Ohio; Zach Nunn, R-Iowa; Maria Salazar, R-Fla.; Dave Valadao, R-Calif.; Derrick Van Orden, R-Wis.; and Rob Wittman, R-Va.

It underscores the perilously slim margins Speaker Mike Johnson, R-La., is governing with.

House Republicans hold just a two-vote majority with full attendance on both sides, numbers that could easily shift when lawmakers are absent for personal or health reasons.

As Rep. Tim Burchett, R-Tenn., put to reporters on Wednesday morning, ‘We are one flu season away from losing the majority.’

The successful vote on Thursday is a blow for Johnson, who argued for weeks that the majority of House Republicans were opposed to extending the COVID-19 pandemic-era tax subsidies.

But a significant number of GOP moderates were frustrated that their party leaders in the House and Senate had done little to avert a price hike for millions of Americans’ insurance premiums. 

A Democrat-controlled Congress voted twice, in 2020 and in 2021, to enhance Obamacare subsidies to give more people access to federal healthcare during the pandemic.

Those subsidies were only extended through 2025, however.

The vast majority of Republicans believe the subsidies are a COVID-era relic of a long-broken federal healthcare system. Conservatives argued that the relatively small percentage of Americans who rely on Obamacare meant that an extension would do little to ease rising health costs that people across the country are experiencing.

But a core group of moderates has been arguing that a failure to extend a reformed version of them would force millions of Americans to grapple with skyrocketing healthcare costs this year.

Those moderates were also frustrated with Jeffries for not working with Republicans on a bipartisan solution to the subsidies but felt they were left with little choice but to support Democrats’ bid in the end.

House Republicans passed a healthcare bill in mid-December aimed at lowering those costs for a broader swath of Americans, but that legislation has not been taken up in the Senate.

There’s also little chance the three-year extension will pass the upper chamber, however. Similar legislation led by Senate Democrats failed to reach the necessary 60-vote threshold to advance in December.

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Steadright Binds Deal for Historic Copper-Lead-Silver Project in Morocco

(TheNewswire)

 

January 8th, 2026 TheNewswire – Muskoka, Ontario  Steadright Critical Minerals Inc. (CSE: SCM,OTC:SCMNF) (‘Steadright’ or the ‘Company’) is pleased to announce it has entered into a Mineral Claim Purchase Agreement (signed January 7th, 2025) with EMTF, the license holder of Exploration Permit No. 3843143, covering a historic copper–lead-silver project in Morocco. Following careful due diligence and ongoing field validation, Steadright’s Board of Directors has approved the Mineral Claim Purchase Agreement for 4,000,000 Common Shares of Steadright Critical Minerals to EMTF and 1,000,000 Common Shares to Critical Foundation Metals Inc. There is a 4 month hold period on the shares. This share issuance will not result in a change of control for Steadright.

 

Terms of Purchase

 

Steadright is buying into the asset through Critical Foundation Metals Inc. (CFM), an Ontario private company that found the property and has done their own work on it. Steadright is giving 4,000,000 Common shares for the purchase of 75% of the Exploration Permit No. 3843143 to EMTF, a Moroccan arms-length company.

 

Steadright thanks the management of CFM for their good work and due diligence on behalf of this Mineral License. Steadright and CFM have agreed to place the Exploration Permit into NSM Capital Sarl, which is a Moroccan Company, controlled and managed in Morocco. Steadright and CFM are shareholders in NSM Capital Sarl, with Steadright controlling 75% through an active shareholders agreement registered in Morocco.

  

Project overview and location advantages

 

The project lies within a mining‑friendly jurisdiction, as Morocco continues to be ‘open for business’ for responsible mineral development. The licensed area benefits from existing roadway access that enables the cost‑effective mobilization of crews and equipment, significantly reducing the need for new road construction. This existing infrastructure, coupled with proximity to services and supportive local communities, provides a practical foundation for efficient exploration.

 

Geological Context

 

Exploration Permit No. 3843143 is underlain by dolomitic formations that have proven receptive to mineralizing fluids over time. These carbonate rocks host a series of veins carrying copper and lead, with silver values also reported.

 


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Figures 1 Area of Mapping, Sampling, 2.Structural diagram of the Mapped Area

 

The system shows characteristics of a carbonate‑hosted polymetallic deposit, with evidence of epithermal overprinting in the oxidized zones.

 

Copper mineralization is visible at surface in the form of azurite and malachite, striking blue and green copper carbonates that confirm enrichment through weathering. Lead mineralization is concentrated in Vein 1, where assays have returned exceptionally high grades, including values up to 46.34% Pb and 48 g/t Ag. Together, these results point to a system with a potential of delivering both high‑grade shoots and larger tonnage envelopes.

 


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Figures 3a-c; Azurite, malachite mineralization and Figures 4a-c Gelna mineralization.

 

The structural framework of the dolomite — fractures, dilation zones, and cross‑cutting features — has acted as pathways for mineralizing solutions. Historical artisanal workings confirm that these structures host mineralized shoots, while modern exploration now has the tools to follow them deeper and across strike. This geological setting is consistent with carbonate‑hosted polymetallic systems seen elsewhere in Morocco, where copper, lead, and silver associations have supported successful mining operations. The success of AYA Gold & Silver’s Zgounder Mine demonstrates the region’s potential and highlights Morocco’s supportive environment for responsible mineral development. Steadright’s copper-lead-silver project is a potential continuation of these opportunities present, offering both geological promise and practical access to infrastructure.

 

The veins on the project area exhibit thicknesses ranging from approximately 0.50 to 4.00 m. According to their orientation, the strike of these vein structures ranges from NE–SW to NNE–SSW. During the most recent field visits, a set of copper and lead indications were identified within the carbonates and along the major regional fault of Tizi n’Test all hosted within the same marly to marly‑sandstone facies.  A number of these occurrences have been subject to exploitation (artisanal mining) of varying duration. See Figures 5 and 6. The steeply-dipping veins exhibit characteristics consistent with known copper-lead-silver veins throughout the mining district.

 


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Figures 5a-c: Artisanal Mining Figures 6a.d: Artisanal Mining with mapping of vein structures

    

Exploration targets (conceptual ranges)

 

The potential quantity and grade of the Exploration Target are conceptual in nature. There has been insufficient exploration to estimate a Mineral Resource and it is uncertain if further exploration will result in the estimation of a Mineral Resource.

 

Based on the mapping, structural geology, artisanal mining in the area illustrating lateral continuity, the project identifies a potential range for the Exploration Target indicated below in Table 1 Exploration Target. The wide range of tons is based on the initial report interpreting a conservative low tonnage based on the limit of 50m down dip and strike length confined to visible surface exposure. The veins have not been constrained at depth or laterally, thereby indicating that the exploration potential can by expanded. The limits used in the ‘high tonnage’ scenario extends the strike and down dip by 500m in each direction, considered a reasonable approach in this environment.

  

Table 1. Conceptual Exploration Target.

 


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The Conceptual Exploration Target is based on mapped structure lengths from surface workings and recent site investigations by  STE MINIERE EMTF SARL AU, a Moroccan service company specializing in industrial infrastructure and mining development.  Documented vein widths up to 4m have been mapped with lateral extents limited by surface mapping up to 400m; down-dip for the low tonnage scenario are limited to 50m while it is reasonable to expect extensions to 500 meters potential vertical depth. Both the lateral extent and down dip are open at this time, but the exploration target is limited to 800m maximum length and ~500m down dip. Grade ranges utilize estimates based on assays and mapping; there are no known drill intersections on which to rely. The exploration target provides an upper and lower grade limit range based upon an average grade for the veins for copper and lead based on mapping and sampling.

 

Planned work program

 

Steadright will advance a phased exploration program intended to refine structural understanding, confirm grade continuity, and test depth potential:

 

•         Structural and geological mapping: High‑resolution mapping to constrain vein

orientations, kinematics, and host lithologies; integration with

alteration/mineralization mapping.

 

•         Surface geochemistry: Systematic channel sampling and select rock

geochemical surveys to vector toward higher‑grade zones and support model

calibration.

 

•         Geophysical surveys: Ground geophysics (e.g., EM/resistivity and magnetic

methods as appropriate) to delineate conductive/structural corridors, refine vein

geometries, and identify blind targets.

 

•         Data synthesis: Iterative 3D targeting integrating structural domains, geophysics,

and geochemistry to inform drill hole placement and meterage.

Existing roads enable rapid mobilization and staging of drill rigs, reducing upfront

logistics and accelerating the timeline to first holes.

•         Diamond drilling: Targeted holes to test vein continuity at depth and along strike,

with step‑outs designed from structural interpretations and preliminary

geochemical vectors.

 

Why this project, why now

 

•         Supportive jurisdiction: Morocco’s regulatory environment is increasingly

          supportive of responsible mineral development, enabling efficient permitting and

          community engagement.

•         Compelling geology: Dolomite‑hosted, structurally controlled veins with multiple

          mineralized corridors and indications of repeated mineralizing events.

•         Validation by history: Artisanal workings highlight zones of elevated grade and

          provide early targets for modern methods.

•         Scalable potential: Wide exploration target ranges reflect both high‑grade

          selective scenarios and larger‑scale tonnage possibilities.

•         Practical access: Existing road infrastructure reduces capital intensity and

          accelerates field execution.

  

Next steps and timeline

 

•         Complete structural mapping and geochemical profiling across priority corridors

 •         Finalize detailed geophysical work program and mobilize contractors.

•         Initiate Phase I diamond drilling to test high‑priority targets, with follow‑up holes

          guided by results.

•         Report ongoing results with transparent ranges and qualifiers consistent with NI

          43‑101.

 

Matt Lewis, CEO of Steadright, states, ‘I am very proud of this acquisition and the spirit of cooperation and friendship with which we secured it, working with our Canadian and Moroccan team and friends. We are all big believers in copper as a metal and really look forward to this property’s proper exploration.

 

As previously announced on September 16, 2025, etc. the CEO of Steadright holds an approximate 7.45% indirect interest in CFM through a 33% ownership in a private entity that owns approximately 22% of the common shares of CFM.  In addition, a consultant of the Company is the spouse of a former Director of Steadright. This person is the controlling shareholder of CFM and owns a majority of the common shares in CFM.

  

Cautionary note regarding exploration targets and forward‑looking statements

The exploration targets disclosed herein are conceptual and intended to illustrate potential scale and grade variability. They are not mineral resources or mineral reserves and there is no certainty that further exploration will result in the delineation of mineral resources. This news release contains forward‑looking statements relating to planned exploration activities, timelines, and potential outcomes. Forward‑looking statements are subject to risks and uncertainties that may cause actual results to differ materially. The Company undertakes no obligation to update forward‑looking statements except as required by applicable securities laws.

 

Qualified Person

The scientific and technical information in this news release has been reviewed and approved by Mr. Robert Palkovits, P.Geo., Vice President Exploration for Steadright Critical Minerals Inc., who is a Qualified Person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects. The Qualified Person has reviewed the available data and considers the information to be reasonable for the purposes of this disclosure; however, certain historical data referenced herein could not be fully verified and are treated as historical in nature.

 

ABOUT Steadright Critical Minerals INC.

Steadright Critical Minerals Inc. is a mineral exploration company established in 2019. Steadright has been focused in 2025 on finding exploration projects that can be brought into production within the critical mineral space in the Kingdom of Morocco. Steadright currently has mineral exploration claims known as the RAM project near Port Cartier, Quebec within the Côte-Nord Region, which is accessible by route 138, that is located on an Anorthositic complex that is in a highly prospective geological unit and historically been under explored for Ni, Cu, Co and precious metals.

ON BEHALF OF THE BOARD OF DIRECTORS

 

For further information, please contact:

Matt Lewis

CEO & Director

Steadright Critical Minerals Inc.

 

Email: enquires@steadright.ca

Tel: 1-905-410-0587

www.steadright.ca

 

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

Forward-looking information is subject to known and unknown risks, ‎uncertainties and other factors which may cause the actual results, level of activity, performance or ‎achievements of Steadright to be materially different from those expressed or implied by such forward-‎looking information. Such risks and other factors may include, but are not limited to: there is no ‎certainty that the ongoing programs will result in significant or successful ‎exploration and ‎development of Steadright’s properties; uncertainty as to ‎the actual results of exploration and ‎development or operational activities; uncertainty as to the availability and terms of ‎future financing on ‎acceptable terms; uncertainty as to timely availability of permits and other governmental approvals; ‎general business, economic, competitive, political and social uncertainties; capital market conditions ‎and market prices for securities, junior market securities and mining exploration company securities; ‎commodity prices; the actual results of current exploration and development or operational activities; ‎competition; changes in project parameters as plans continue to be refined; accidents and other risks ‎inherent in the mining industry; lack of insurance; delay or failure to receive board or regulatory ‎approvals; changes in legislation, including environmental legislation or income tax legislation, affecting ‎Steadright; conclusions of economic evaluations; and lack of qualified, skilled labour or loss of key ‎individuals.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the ‎securities in the United States. The securities 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 or to, or for the account or benefit of, U.S. Persons ‎unless registered under the U.S. Securities Act and applicable state securities laws, unless an ‎exemption from such registration is available.‎

       

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Surface Sampling at Smart Creek Project Yields High-Grade Mineralization with up to 102 g/t Au, up to 23% Cu and up to 3810 g/t Ag

TSXV: DMCU; OTCQB: DMCUF; FSE: 03E) provides an exploration update. The company has received analytical results for 310 surface samples from the summerFall field campaign at the Smart Creek Project (‘Project’) in Montana. The program was designed to characterize known mineralized zones, refine drill target locations and identify new areas for follow-up exploration. The program has successfully identified high-grade gold, copper, and silver at the Smart Creek Project and has expanded all known targets and identified new high-grade copper, gold and copper mineralization across the property (Figures 1-4).

Gord Neal, CEO of Domestic Metals Corp. commented: ‘The 2025 field campaign was a success. These are the highest-grade field samples results I have ever been presented with in my career. In my experience these kinds of returns are harbingers of major economic discoveries. High grade mineralization has been identified in several locations, including new discovery areas. We look forward to firming up drill targets, deploying a targeted geophysics program followed by a diamond drill program in Q1, 2026’

Highlight High-Grade Assay Results

  • 102 g/t Au (Sample G019007)
  • 74.7 g/t Au, 13.8% Cu, 3810 g/t Ag (Sample G019235)
  • 30.4 g/t Au (Sample G019001)
  • 26.6 g/t Au (Sample G019353)
  • 23.1% Cu, 424 g/t Ag (Sample G019225)
  • 19.65% Cu, 458 g/t Ag (Sample G019031)
  • 19.05% Cu, 582 g/t Ag (Sample G019038)

Highlight, high-grade surface samples are provided in the table below:

Sample Easting Northing Sample Sample Copper Gold Silver
ID (m) (m) Lithology Type (%) (g/t) (g/t)
G019001 321345 5150400 Quartzite Outcrop 0.549 30.4 12
G019007 321365 5150392 Limestone Outcrop 0.377 102 20.7
G019029 326795 5148835 Siltstone Outcrop 6.75 0.313 173
G019031 326790 5148864 Siltstone Outcrop 19.65 0.877 458
G019038 326847 5148970 Siltstone Subcrop 19.05 0.763 582
G019082 321640 5151163 Marble Mine Dump 1.835 15.7 6.5
G019093 320056 5149968 Quartz Vein Prospect Pit 0.875 0.226 186
G019094 320870 5147635 Sandstone Mine Dump 0.073 1.5 222
G019151 321361 5150388 Dolostone Outcrop 0.787 15.05 15
G019219 326817 5148809 Limestone Subcrop 2.72 0.167 148
G019225 326843 5148971 Siltstone Outcrop 23.1 0.814 424
G019235 321541 5148233 Limestone Mine Dump 13.8 74.7 3810
G019238 321545 5148248 Limestone Mine Dump 2.19 9.45 359
G019298 325631 5148102 Limestone Mine Dump 4.00 0.259 161
G019353 321592 5150732 Breccia Trench/Float 2.63 26.6 55.2
G019378 320281 5149152 Breccia Mine Dump 0.329 0.487 157
G019379 326830 5149873 Siltstone Mine Dump 8.42 0.137 187
G019422 325394 5148187 Siltstone Mine Dump 7.88 0.301 134
G019427 325610 5148683 Siltstone Float 12.35 0.747 266
G019447 323588 5150514 quartz vein Test Pit 0.177 0.426 105
G019465 326802 5149930 Siltstone Mine Dump 16.1 0.007 9.5

Table 1. Highlight rock sample assay results for the 2025 exploration program

Summary

  • Domestic completed successful mapping, sampling and prospecting at the Smart Creek Project. The new data will be coupled with a geophysical (MT/IP) program in advance of drilling scheduled for Q1/2026.
  • Rock sample assays from outcrops, historic trenching, mines and workings demonstrate high-grade gold, copper, silver and zinc and confirms the project is prospective for porphyry copper deposits, carbonate replacement deposits (‘CRD’), skarn and exotic copper deposits.
  • 39 samples (out of 310) exceed 0.5 g/t Au, 43 samples (out of 310) exceed 1 % Cu, 35 samples (out of 310) exceed 30 g/t Ag, 31 samples (out of 310) exceed 0.1% Zn.
  • All targets (Sunrise Mine, Smart Creek, Radio Tower, Exotic Cu) are significantly expanded based on the results of the 2025 exploration program at the Project.

Figure 1. Project location, key targets, favourable geology, airborne magnetics, IP targets and highlight, selected high-grade rock samples from the 2025 surface sampling program at the Smart Creek Project

Domestic Metals 2025 Exploration Program Review

Domestic Metals completed a 40-day field campaign in August-September 2025 focused on geological mapping as well as several novel rock sampling techniques including: prospecting grab/composite grab samples and limestone sampling for trace metal vectoring. Sample subsets were also evaluated for alteration (slab and stain for potassic alteration related to porphyry mineralization), UV light evaluation (seeking metal contaminated calcite veins that can assist with vectoring toward CRD and porphyry mineralization), short-wave infrared evaluation (clay alteration vectoring) and portable XRF evaluation of iron oxide fracture fill (geochemical leakage vectoring technique to identify mineralization). Data from techniques other than the prospecting samples is currently being reviewed by Domestic Metals and will be the subject of future news release.

Figure 2. Property location, drill hole collars, favourable host rocks, IP targets, magnetic features and Surface rock sampling results (grab and composite grab samples) from the 2025 surface rock sampling program at the Smart Creek Project including copper geochemistry3

Figure 3. Property location, favourable host rocks, IP targets, magnetic features and Surface rock sampling results (grab and composite grab samples) from the 2025 surface rock sampling program at the Smart Creek Project including gold geochemistry3

Figure 4. Property location, favourable host rocks, IP targets, magnetic features and Surface rock sampling results (grab and composite grab samples) from the 2025 surface rock sampling program at the Project including silver geochemistry3

Smart Creek Porphyry Copper Project

The Smart Creek Copper Porphyry Project is a joint venture with Rio Tinto, where Rio will retain 40% of the asset. Rio drilled around 26 of the 40 permitted sites over 2.5 years as they vector toward the centre of the porphyry and at the Smart Creek Target returned 109.73 meter @ 0.75% Cu, which included 89 metres of 0.97% Copper (SMCR0022; see NR dated August 20, 2024)3

Exceptional rock sample results have been received from the 2025 field work, which highlights several opportunities including porphyry, skarn, CRD and structurally-controlled gold.

Of particular interest, the Smart Creek project area is underlain by geology that is highly prospective for CRD style deposits:

  1. The Helena Fm silty limestones are superb reactive trap rocks.
  2. Heat and fluid sources are abundant in this prolific western Montana porphyry belt.
  3. The CRD signature alteration footprints are widespread at Smart creek (marble and manganese oxides).
  4. Massive to semi-massive sulfides with excellent metal tenor have been sampled and mapped on the property.

Major deposits in the carbonate-hosted clan can yield high unit-value deposits with an excellent pedigree in the western unit states. Examples include the Copper Queen CRD deposit in the Bisbee Arizona District which yielded historic production of 53 Mt @ 6% Cu1,2. The Domestic Metals technical team has extensive experience with this style of mineralization and will systematically explore for the CRD deposit style at the Project using modern toolkits.

The geochemical data is enhancing known target areas and is allowing Domestic Metals to identify targets for follow up diamond drilling scheduled for late Q1, 2026. New target areas have also been identified for target work-up.

Technical Information

All scientific and technical information in this news release has been reviewed and approved by Daniel MacNeil, P.Geo. Mr. MacNeil is a Technical Advisor to the Company and is a qualified person for the purposes of National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

Mr. MacNeil has verified the data disclosed in this news release, including the assay and test data underlying the information or opinions contained in this news release. Mr. MacNeil verified the data disclosed (including previously released Domestic data underlying the information disclosed) in this news release by reviewing imported and sorted assay data; checking the performance of blank samples and certified reference materials; reviewing the variance in field duplicate results; and reviewing grade calculation formulas. Mr. MacNeil detected no significant QA/QC issues during review of the data and is not aware of any sampling, recovery or other factors that could materially affect the accuracy or reliability of the drilling data referred to in this news release.

Samples were coarse crushed, fine crushed to 70% <2mm, split using a Boyd rotary splitter, pulverized up to 250g 85% <75micrometers. Analysis was conducted following 4-acid digestion (34 elements ICP-AES; ME-ICP61). Gold was analysed by 30g fire assay – AA finish (Au-AA23). Overlimits were evaluated by Au-GRA21, Ag-OG62, Cu-OG62, Zn-OG62 and Ag-GRA21. The company used ALS Labs in Reno, Nevada.

Samples with certified reference materials were inserted at intervals for ~5% of the submitted samples (15 standards total). QAQC results are satisfactory for the standards.

Disclosure Notes

1 Briggs, D.F., 2015, History of the Warren (Bisbee) Mining District. Arizona Geological Survey Contributed Report CR-15-b, 8 p.
2 Past producing deposits and development projects shown outside of the Smart Creek land position provide geologic context for the Property, but this is not necessarily indicative that the Property hosts similar grades or tonnages of mineralization.
3 Data disclosed in this news release includes historical drilling results and information derived from historic drill results, Domestic Metals has not undertaken any independent investigation of the sampling, nor has it independently analyzed the results of the historical exploration work to verify the results. Domestic considers these historical data relevant as the Company is using this data as a guide to plan exploration programs. The Company’s current and future exploration work includes verification of the historical data through drilling.

About Domestic Metals Corp.

Domestic Metals Corp. is a mineral exploration company focused on the discovery of large-scale, copper and gold deposits in exceptional, historical mining project areas in the Americas.

The Company aims to discover new economic mineral deposits in historical mining districts that have seen exploration in geologically attractive mining jurisdictions, where economically favorable grades have been indicated by historic drilling and outcrop sampling.

The Smart Creek Project is strategically located in the mining-friendly state of Montana, containing widespread copper mineralization at surface and hosts 4 attractive porphyry copper, epithermal gold, replacement and exotic copper exploration targets with excellent host rocks for mineral deposition.

Domestic Metals Corp. is led by an experienced management team and an accomplished technical team, with successful track records in mine discovery, mining development and financing.

On behalf of Domestic Metals Corp.

Gord Neal, CEO and Director
(604) 657 7813

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For more information on Domestic Metals, please contact:
Gord Neal, Phone: 604 657-7813 or Michael Pound, Phone: 604 363-2885

Please visit the Company website at www.domesticmetals.com or contact us at info@domesticmetals.com.

For all investor relations inquiries, please contact:
John Liviakis, Liviakis Financial Communications Inc., Phone: 415-389-4670

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.

Cautionary Note Regarding Forward-Looking Statements

This news release contains certain statements that may be deemed ‘forward-looking statements’. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words ‘expects’, ‘plans’, ‘anticipates’, ‘believes’, ‘intends’, ‘estimates’, ‘projects’, ‘potential’ and similar expressions, or that events or conditions ‘will’, ‘would’, ‘may’, ‘could’ or ‘should’ occur. Forward-looking statements may include, without limitation, statements relating to the Company’s continued stock exchange listings and the planned exploration activities on properties. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, are subject to risks and uncertainties, and actual results or realities may differ materially from those in the forward-looking statements. Such material risks and uncertainties include, but are not limited to: competition within the industry; actual results of current exploration activities; environmental risks; changes in project parameters as plans continue to be refined; future price of commodities; failure of equipment or processes to operate as anticipated; accidents, and other risks of the mining industry; delays in obtaining approvals or financing; risks related to indebtedness and the service of such indebtedness; as well as those factors, risks and uncertainties identified and reported in the Company’s public filings under the Company’s SEDAR+ profile at www.sedarplus.ca. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements are made as of the date hereof and, accordingly, are subject to change after such date. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise unless required by law.

Photos accompanying this announcement are available at:

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