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Fetterman hospitalized after fall near home in Pennsylvania

Sen. John Fetterman, D-Pa., was hospitalized on Thursday after he fell near his home in Pennsylvania, a spokesperson for the senator said.

‘During an early morning walk, Senator Fetterman sustained a fall near his home in Braddock. Out of an abundance of caution, he was transported to a hospital in Pittsburgh,’ the spokesperson said. ‘Upon evaluation, it was established he had a ventricular fibrillation flare-up that led to Senator Fetterman feeling light-headed, falling to the ground and hitting his face with minor injuries.’

The spokesperson added that Fetterman is currently ‘doing well and receiving routine observation at the hospital.’ The spokesperson also shared a statement from Fetterman, in which the senator jokes about the incident.

‘If you thought my face looked bad before, wait until you see it now!’ Fetterman said.

Fetterman was choosing to stay at the hospital so that doctors could adjust his medication treatment, according to the spokesperson.

Fetterman has battled health issues in the past, the most high-profile being a somewhat debilitating stroke during his 2022 Senate campaign.

Fetterman has made headlines recently over breaking with the majority of Democrats during the government shutdown, voting to reopen the federal government.

This is a developing news story; check back for updates.

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DOJ seeking suspect after attack on US Attorney Alina Habba’s office

Attorney General Pam Bondi announced Thursday that an individual attempted to confront Acting U.S. Attorney for the District of New Jersey Alina Habba on Wednesday night, ‘destroyed property in her office’ and then ‘fled the scene.’

‘Thankfully, Alina is ok,’ Bondi added. ‘Any violence or threats of violence against any federal officer will not be tolerated. Period. This is unfortunately becoming a trend as radicals continue to attack law enforcement agents around the country.’

‘We will find this person, and the individual will be brought to justice. Our federal prosecutors, agents, and law-enforcement partners put their lives on the line every day to protect the American people, and this Department will use every legal tool available to ensure their safety and hold violent offenders fully accountable,’ Bondi also said.

Habba said following the incident that, ‘I will not be intimidated by radical lunatics for doing my job.’

The Justice Department, on its website, said, ‘As Acting U.S. Attorney and Special Attorney to the United States Attorney General,’ Habba ‘is responsible for overseeing all federal criminal prosecutions and the litigation of all civil matters in New Jersey in which the federal government has an interest. 

‘Including the offices in Newark, Camden, and Trenton, Ms. Habba supervises a staff of approximately 155 federal prosecutors and approximately 130 support personnel,’ according to the Justice Department.

Further details about the attack were not immediately available.

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Canadian spy chief warns of alarming rise in teen terror suspects, ‘potentially lethal’ threats by Iran

Canadian Security Intelligence Service (CSIS) Director Daniel Rogers, during a rare public appearance Thursday, said nearly one in 10 of the agency’s terrorism investigations include at least one person under the age of 18, marking an alarming trend driven by online extremism.

Since 2014, there have been nearly two dozen violent extremist attacks in Canada resulting in 29 deaths, and at least 60 victims injured, according to Rogers.

Worryingly, he said, nearly one in ten terrorism investigations at CSIS, the country’s domestic spy agency, include at least one ‘subject of investigation’ under the age of 18.

In August, a minor was arrested in Montreal for allegedly planning an attack on behalf of Daesh, according to Rogers.

Just a few months prior, a 15-year-old Edmonton area minor was charged with a terrorism-related offense, as Royal Canadian Mounted Police (RCMP) investigators feared they would commit serious violence related to COM/764, a transnational violent online network that manipulates children and youth across widely accessible online platforms.

Rogers also noted two 15-year-olds were arrested in Ottawa for allegedly conspiring to conduct a mass casualty attack targeting the Jewish community in Canada’s capital in late 2023 and early 2024.

‘Clearly, radicalized youth can cause the same harms as radicalized adults, but the societal supports for youth may help us catch radicalization early and prevent it,’ Rogers said. ‘These tragic numbers would have been higher if not for disruptive actions taken by CSIS and our law enforcement partners.’

The CSIS joined the RCMP and intelligence partners from the U.S., United Kingdom, Australia and New Zealand in releasing a joint public report in December, highlighting the evolving issue of young people and violent extremism. 

The report provides advice to parents, guardians and others with information to help them identify early concerns and address youth radicalization before it’s too late. 

‘Since 2022, CSIS has been involved in the disruption of no fewer than 24 violent extremist actions, each resulting in arrests or terrorism peace bond charges,’ Rogers said. ‘In 2024, CSIS played an integral role in the disruption of two Daesh-inspired plots. In one case, a father and son were allegedly in the advanced stages of planning an attack in the Toronto area. In another, an individual was arrested before allegedly attempting to illegally enter the United States to attack members of the Jewish community in New York. In these examples, and in many others, I can’t discuss publicly, our counter-terrorism teams have partnered with law enforcement and saved lives.’

He attributed the radicalization to ‘eroding social cohesion, increasing polarization, and significant global events,’ which he said ‘provide fertile ground for radicalization.’

‘Many who turn to violence radicalize exclusively online—often without direction from others,’ Rogers said. ‘They use technology to do so secretly and anonymously, seriously challenging the ability of our investigators to keep pace and to identify and prevent acts of violence.’

Rogers also noted the CSIS collects intelligence and defends against transnational repression, previously focusing on transnational repression by the People’s Republic of China, India and others. 

‘In particularly alarming cases over the last year, we’ve had to reprioritize our operations to counter the actions of Iranian intelligence services and their proxies who have targeted individuals they perceive as threats to their regime,’ he said. ‘In more than one case, this involved detecting, investigating, and disrupting potentially lethal threats against individuals in Canada.’

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If Gaza’s famine was real, how come it went away so fast?

For months, headlines warned of an impending famine in Gaza — images of starving children, shattered infrastructure and humanitarian collapse filled the news. On Aug. 22, 2025, the Integrated Food Security Phase Classification (IPC) declared that while full data was lacking, expert inference indicated famine was underway. Governments pledged aid; humanitarian agencies sounded alarms. Yet today, the word ‘famine’ has nearly vanished from headlines. What happened?

This is not to deny the human suffering in Gaza; it is to ask difficult, necessary questions. Was famine averted, exaggerated or politically reframed?

Famine has been described as a tree swaying in the wind — at some point it cannot recover and cannot be returned upright. But Gaza’s ‘famine tree’ never appeared to fully sway. If aid efforts or local resilience truly prevented catastrophe, where is the evidence? On August 22, 2025, famine was declared, and the global press carried that narrative. Then came a shift to the word ‘starvation.’ Now, even that language has faded.

The distinction matters. Famine is a technical classification grounded in data — household food security surveys, acute malnutrition rates and mortality. Starvation, by contrast, is a moral and legal term implying intent; under international law, using starvation as a weapon constitutes a war crime. In Gaza, this rhetorical shift occurred before comprehensive data was gathered — an escalation of accusation without empirical foundation.

Recovery from famine typically takes eight to 12 months, even under ideal conditions with full humanitarian access and functioning medical systems. Historical precedents — Somalia in 2011, South Sudan in 2017 and Sudan in 2023 — show that malnutrition persists long after headlines fade. If Gaza truly met famine standards this summer, the signs would still be unmistakable: rising mortality, overwhelmed clinics and a generation of weakened children. Yet no such surge has been confirmed by independent medical reporting.

Another inconsistency is behavioral. True famine unleashes chaos — hunger overrides social norms and people fight to survive. In August, 84% of Gaza aid convoys were reportedly looted. Yet after the Oct. 10 ceasefire, U.N. 2720 data show interceptions fell to 6%, and by November, below 1%. Where did the desperation go? Where is the looting? Where are the crowds of thousands?

Following the ceasefire, Hamas rapidly reasserted control, executing accused defectors and projecting an image of order. Recent videos show bustling markets and calm streets — a façade of normalcy meant to reinforce legitimacy. Within six weeks, famine conditions seemingly vanished. Can that be real?

If famine had truly taken hold, it would not have dissipated so quickly. Either the crisis was overstated, the data manipulated or public perception deliberately managed.

We cannot shy away from uncomfortable questions. Asking what happened to the famine in Gaza is responsible, not callous. Truth demands transparency, even when it challenges narratives we’ve grown accustomed to believing.

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Realigning Portfolio Allocation with Nicholas Mersch

The investment management landscape is undergoing a fundamental shift.

The once-standard 60/40 portfolio approach, which balances equities and bonds, is being challenged by market volatility, the crowding of mega-cap tech stocks and rapid technological innovation reshaping the economy.

Navigating this environment requires a new mindset that embraces a blend of passive, active and alternative strategies to build resilient portfolios prepared for both risks and emerging opportunities.

Unbundling portfolios for resilience

Mersch advises unbundling traditional portfolios. Instead of relying solely on equity and fixed income, investors should blend a passive core with active management and alternative asset allocations.

“You might need to…alternative asset classes that might have either lower or even sometimes negative correlations, and start to think about the attributes that you want to build in a lot of resiliency around periods of volatility.”

Digital assets and gold are effective diversifiers in this landscape, contributing to what Mersch calls the ability “to zig while other paper assets zag.”

Active approaches enable investors to explore attractive opportunities beyond mega-cap concentration; however, dynamic risk budgeting and continuous reassessment are critical, especially when markets exhibit complacency or crowding in dominant sectors like tech.

“That’s where you can take a much more active approach in terms of betting on… other pockets or corners of the market.

“What I would encourage people to look at is the cost savings that we’re seeing in a lot of core businesses. A lot of businesses that operate in the real economy are starting to gain some real operating leverage because they’re implementing these tools as well.”

Thematic investment in technology and AI

AI infrastructure and semiconductors stand at the forefront of modern investment themes. Long-term infrastructure buildouts promise a transformative impact.

Mersch highlighted the accelerating buildout of data centers, which are critical to powering AI advancements, noting an expected leap in US electricity demand. “If you look at total electricity growth in the US from 2001 to 2024, it grew around 0.5 percent on an annualized basis. Over the next five years, it’s going to grow 4 percent,” he explained.

This surge underscores the energy-intensive nature of AI, creating substantial structural tailwinds for related real assets and thematic investment vehicles like ETFs.

The semiconductor industry exemplifies the globalization and complexity of technological innovation. Mersch described it as “one of the most global operating systems in the world,” spanning diverse geographies from chip design and fabrication to lithography and memory production.

However, escalating geopolitical tensions and US trade restrictions introduce layers of risk that demand active management and meticulous stock selection.

He also addressed concerns about circular financing risks in AI infrastructure. “When you have vendor financing, you’re essentially front running and creating that artificial demand,” he said, adding that vigilance regarding genuine adoption indicators, such as compute token usage reflecting actual AI workflow application, is needed to guard against this. “All signs right now are pointing to yes,” he said.

While echoes of prior tech cycles suggest potential boom and bust phases, Mersch noted that the scale and pace of capital expenditure in AI infrastructure signify foundational change with likely enduring impact. Complementarily, cybersecurity continues to gain importance as data proliferation accelerates and AI’s dual role as protector and attack vector. Companies specialized in endpoint protection and innovative security solutions play a key part in making tech portfolios more robust.

Meanwhile, speculative avenues like quantum computing offer future innovation frontiers. “I think Canada has definitely a really exciting future when it comes to quantum,” he added, noting Xanadu’s recent IPO announcement. “They kind of have these capabilities that only two other labs in the world have achieved.”

Mersch was referencing the company’s Aurora system, which uses photons as quantum bits, commonly referred to as qubits. “So we’re seeing a lot of that expertise being grown out here.”

Emerging strategies for future growth

Mersch also highlighted venture capital and private equity as core components of alternatives that complement passive and active strategies.

He noted the evolving accessibility of venture capital, with some democratization happening via fractional ownership and tokenization.

However, he cautions that top quartile funds still dominate returns, making established track records and fees critical considerations for investors.

In a similar vein, secondary market platforms offer new gateways by allowing access to direct listings and share sales, but come with layered fees and risks.

Long and short equity strategies also play a pivotal role in reducing correlation to broader markets. These funds can capitalize on thematic disruptions by taking long positions in companies leading structural change while shorting those likely to be disrupted.

Practical insight and forward-looking considerations

The modern paradigm of portfolio construction demands a sophisticated and dynamic approach, moving beyond simple stock and bond allocations. A resilient portfolio must now strategically integrate the three aforementioned key components.

Mersch’s insights offer a roadmap for investors navigating a rapidly evolving dynamic. In this landscape, embracing technology-driven themes is not merely optional but essential for future growth; however, any introduction of higher-risk assets requires both optimism and caution amid volatile and geopolitically complex markets.

Ultimately, building a resilient portfolio for the future means moving beyond old paradigms and proactively integrating new technologies and strategies with disciplined risk management.

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

This post appeared first on investingnews.com

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Locksley Resources LimitedAppointment of Experienced Geologist Ian Stockton to Board

Perth, Australia (ABN Newswire) – Locksley Resources Ltd (ASX:LKY,OTC:LKYRF) (FRA:X5L) (OTCMKTS:LKYRF) announced the appointment of Mr Ian Stockton as Non-Executive Technical Director with effect from immediately following the AGM on 28 November 2025.

Mr Stockton is a highly credentialed geologist and mining executive with over 35 years of experience in resource development, operations, and technical advisory roles across global markets. He has held senior technical and leadership roles with major industry groups, providing crucial strategic advice to explorers and producers in both the base and critical mineral sectors.

Mr Stockton’s technical expertise is deeply integrated into the full project life cycle. He possesses strength in mine development, resource optimisation, and technical regulatory compliance, having successfully managed multi-disciplinary technical teams and overseen major study programs, including several projects that have successfully transitioned from concept to full production. His practical grounding in geological assessment will be immediately deployed to de-risk and advance Locksley’s assets.

Crucially, Mr Stockton brings direct and invaluable experience with antimony resources, the core focus of Locksley’s U.S. strategy. His background includes involvement in the exploration and development of the significant Costerfield gold-antimony deposit in Victoria, Australia, where he helped bring the Brunswick open pit deposit into production in the late 1990s. Furthermore, he has maintained exposure to major global antimony projects through reviews and confidential due diligence on key Australian antimony assets. This specialised knowledge is directly applicable to advancing our high-grade Desert Antimony Mine (DAM).

At Locksley, Mr Stockton will direct the Company’s technical execution and resource expansion strategy, supporting the advancement of the Desert Antimony Mine (DAM) in California and the broader U.S. mine-to-market critical minerals program. His appointment adds significant technical depth to the Board just as Locksley transitions from exploration to the complex phase of development, integrating upstream mining with downstream processing and advanced-materials innovation.

Pat Burke, Locksley Chairman, commented:

‘Ian brings a wealth of technical and operational experience at a pivotal time for Locksley. His practical approach to geological interpretation and project development, coupled with his strong background in industry governance, will be invaluable as we move toward production and establish a vertically integrated U.S. antimony supply chain.’

Mr Stockton holds a Bachelor of Science (Geology) from the University of Canberra and is a Fellow of the AIG (FAIG), as well as Registered Professional Geologist (RPGEO) as well as a Member of the Australasian Institute of Mining and Metallurgy (AusIMM).

The Company also advises that Mr Bevan Tarratt will resign with effect from immediately following the AGM on 28 November 2025. Mr. Tarratt will provide assistance to the Company in an executive capacity during a transition phase to ensure continuity of corporate and project functions. The Board thanks Mr Tarratt for his invaluable contribution and looks forward to his continuing involvement with the Company.

About Locksley Resources Limited:

Locksley Resources Limited (ASX:LKY,OTC:LKYRF) (FRA:X5L) (OTCMKTS:LKYRF) is an ASX listed explorer focused on critical minerals in the United States of America. The Company is actively advancing exploration across two key assets: the Mojave Project in California, targeting rare earth elements (REEs) and antimony. Locksley Resources aims to generate shareholder value through strategic exploration, discovery and development in this highly prospective mineral region.

Mojave Project

Located in the Mojave Desert, California, the Mojave Project comprises over 250 claims across two contiguous prospect areas, namely, the North Block/Northeast Block and the El Campo Prospect. The North Block directly abuts claims held by MP Materials, while El Campo lies along strike of the Mountain Pass Mine and is enveloped by MP Materials’ claims, highlighting the strong geological continuity and exploration potential of the project area.

In addition to rare earths, the Mojave Project hosts the historic ‘Desert Antimony Mine’, which last operated in 1937. Despite the United States currently having no domestic antimony production, demand for the metal remains high due to its essential role in defense systems, semiconductors, and metal alloys. With significant surface sample results, the Desert Mine prospect represents one of the highest-grade known antimony occurrences in the U.S.

Locksley’s North American position is further strengthened by rising geopolitical urgency to diversify supply chains away from China, the global leader in both REE & antimony production. With its maiden drilling program planned, the Mojave Project is uniquely positioned to align with U.S. strategic objectives around critical mineral independence and economic security.

Tottenham Project

Locksley’s Australian portfolio comprises the advanced Tottenham Copper-Gold Project in New South Wales, focused on VMS-style mineralisation

Source:
Locksley Resources Limited

Contact:
Kerrie Matthews
Chief Executive Officer
Locksley Resources Limited
T: +61 8 9481 0389
Kerrie@locksleyresources.com.au

News Provided by ABN Newswire via QuoteMedia

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Glencore Bets on China’s Aluminum Boom with Chuangxin Listing Investment

Glencore (LSE:GLEN,OTC Pink:GLCNF) is reportedly set to take a major position in the Hong Kong initial public offering (IPO) of Chuangxin Industries Holdings as aluminum prices climb to multi-year highs.

According to a Bloomberg report, people familiar with the matter said Glencore will participate as a cornerstone investor in the offering, alongside Hillhouse Investment Management and China Hongqiao Group, the country’s largest private aluminum producer.

Together, the three firms and other cornerstone participants could take up roughly half of the US$700 million deal, according to the sources, who asked not to be identified as the information remains private.

Aluminum prices on the London Metal Exchange (LME) hit a three-year high of US$2,900 per metric ton last week, buoyed by tight supply and a government-imposed ceiling on new smelting capacity.

Those restrictions have helped sustain profitability among China’s smelters, which account for about half of global primary aluminum output.

Chuangxin, based in Inner Mongolia, plans to begin taking investor orders as soon as Friday for its Hong Kong debut, according to the same sources.

The company’s business centers on the production of primary aluminum and alumina, the key raw material for smelting. Its largest customer is Innovation New Material Technology, a Shanghai-listed firm led by Chuangxin chairman Cui Lixin, according to the company’s Hong Kong exchange filing.

If completed, the IPO would be one of the largest metals-related listings in Hong Kong this year. Total proceeds from Hong Kong listings are on track to hit a four-year high in 2025, potentially topping US$40 billion.

The rebound follows a long period of muted activity, though analysts note that several high-profile debuts have underperformed recently.

As one of the world’s largest traders of base metals, the company has been ramping up its participation in key supply chains tied to electrification and renewable infrastructure.

Aluminum, valued for its light weight and conductivity, plays a central role in the shift toward low-carbon technologies.

Representatives for Glencore and China Hongqiao declined to comment on the matter. Hillhouse did not immediately respond to a request for comment, while Chuangxin could not be reached.

The people familiar with the deal cautioned that final terms and investment allocations could still change as discussions continue.

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

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Copper Quest to Acquire Past-Producing Alpine Gold Mine

Copper Quest Exploration Inc. (CSE: CQX; OTCQB: IMIMF; FRA: 3MX) (‘ Copper Quest ‘ or the ‘ Company ‘) is pleased to announce that it has entered into an arms-length Option to Purchase Agreement (the ‘ Agreement ‘) dated November 7th, 2025 with 0847114 B.C. Ltd. (‘ Privco ‘), a British Columbia Incorporated company that holds 100% ownership, title, and interest in the Alpine Gold Property (the ‘ Property ‘), located in the West Kootenay region of British Columbia (the ‘ Acquisition ‘).

Highlights of the Alpine Gold Property

  • 2018 NI43-101 Inferred Resource of 268,000 tonnes estimated using a cut-off grade of 5.0 g/t Au and an average grade of 16.52 g/t Au that represents an inferred resource of 142,000 oz of gold (McCuaig & Giroux, 2018).
  • Substantial opportunity to grow the maiden Alpine resource to the east-west and to depth with only about 300m of the roughly 2km long vein system explored to date by underground mine workings and drilling.
  • Estimated 24,000 tonnes Run of Mine mineralized stockpile on surface presenting a possible near term cash flow opportunity.
  • 1,650 meters of clean and dry underground workings accessing sampled and mineable zones.
  • At least 4 additional relatively unexplored vein systems on the Property (Black Prince, Cold Blow, Gold Crown & past-producing King Solomon), all hosting historic high-grade gold values.
  • Road accessible 4,611.49-hectare Property including 15 Crown Grants (1 with surface rights) and 19 staked mineral claims with all-season operation potential (Figure 1).
  • Additions of Mr. Allan Matovich to the Board of Directors. Mr. Ted Muraro and Mr. John Mirko as Technical Advisors on closing. They have a combined mining and exploration experience of 150+ years in the industry.

The 4,611.49-hectare Property is approximately 20 kilometers northeast of the City of Nelson (Figure 1) and hosts the former operating underground mine with a recorded production of approximately 16,810 tonnes of mineralized vein material (Table 1). This material contained 356,360 grams of gold, 222,054 grams of silver, 49,329 kilograms of lead and 17,167 kilograms of zinc. The other 4 significant vein systems on the property will also be explored including the Black Prince and Cold Blow quartz veins approximately 3km to the northeast of the Alpine mine, the Gold Crown vein system 600m southeast, and the past-producing King Solomon vein workings 1.8km to the south. Further information about the Alpine Gold property will be forthcoming in the upcoming weeks.

Brian Thurston, President & CEO of Copper Quest, commented : ‘ With Gold prices at all-time highs, The Alpine Gold property creates a tremendous opportunity to create near term value. I look forward to closing the transaction and welcoming Mr. Matovich, Mr. Muraro and Mr. Mirko to the team.’

Figure 1: Location Claim Map

Appointment of Mr. Allan Matovich as Director

Copper Quest is also pleased to announce that upon closing of the acquisition, Mr. Allan Matovich will join the Company’s Board of Directors. Mr. Matovich is the principal owner of the Alpine Gold Property.

Mr. Matovich has 60+ years of mining and exploration experience in Canada and the United States. He first started with Cominco in Trail BC working in the smelter operation. Mr. Matovich then started Matovich Mining Industries where they supplied considerable tonnages of siliceous flux materials, lead and zinc concentrates to Cominco for over 20 years. Mr. Matovich then opened up a mining operation in 1997 in Northern British Columbia to supply barite for drilling fluids in the oil and gas industry. This mining operation is still in production today. Mr. Matovich also opened up a barite operation in Washington State that is going into production. He also worked with Halliburton, Baker Hughes, and Newmont and was very successful. In 2000, Mr. Matovich purchased the Alpine Gold Mine and since then has spent a considerable amount of time proving up the project.

Mr. Matovich commented ‘ I am very pleased to bring the Alpine Gold Property to Copper Quest and join as a director. The company has a fantastic portfolio of critical mineral projects advancing and the Alpine Gold Project gives a potential near term cash flow opportunity along with upside to grow the current resource with drilling. I look forward to working with the Copper Quest team to help create value for all stakeholders involved.’

Table 1 – Production History – Minfile (082FNW127) for Alpine Mine for gold (Au) and silver (Ag)

YEAR Tonnes Tonnes Au Grams Ag Grams Est
Grade 		Est
Grade
Mined Milled Recovered Recovered Au (g/t) Ag (g/t)
1988 200 90 198 591 2.20 6.57
*1948 – – 16,889 11,384 25.32 17.07
*1947 – – 2,768 1,866 15.38 10.37
*1946 – – 11,042 5,785 18.59 9.74
*1942 – – 56,079 34,182 824.69 502.68
1941 11,517 11,517 219,350 130,011 18.26 11.29
1940 3,992 3,992 57,852 35,333 14.49 8.85
1939 3 0 62 62
1938 35 0 1,120 902
1915 4 0 1,938
*ore milled not reported

Appointment of Mr. Ted Muraro as Technical Advisor to the Board

Mr. Muraro will be appointed as Technical Advisor to the board on closing of the transaction. Mr. Theodore (Ted) W. Muraro has accumulated over six decades of experience in mineral exploration, including 35 years with Cominco where he advanced through Exploration to serve as the companies Chief Geologist and Internal Consulting Geologist. Early in his career, Mr. Muraro gained underground experience at Keno Hill, HB Mine, Sullivan, and Western Mines. His tenure at Cominco was marked by direct involvement in the discovery and subsequent successful development of the Westmin Mine at Buttle Lake, the Polaris Mine on Little Cornwallis Island in the high Arctic, and Snip Mine on the Iskut River. Following his service at Cominco, Mr. Muraro assumed the role of Vice President, Exploration at Romanex and International Barytex Resources, contributing his expertise to international gold projects.

Mr. Muraro, who was awarded the Spud Huestis award in 2021 for his outstanding contributions to the industry and excellence in exploration, worked as an independent consultant (T.W. Muraro Consulting 1993-2016) on base metal and gold exploration projects around the world until his retirement in 2016. In these later years, he served on several boards as Director and/or Advisor, most recently with Imperial Metals. Mr. Muraro’s working relationship with Al Matovich started in the Rossland Mining Camp and shifted to the Alpine Property in the late 80’s.

Appointment of Mr. John Mirko as Technical Advisor to the Board.

Mr. Mirko will be appointed as Technical Advisor to the board on closing of the transaction. Mr. Mirko has over 40 years’ experience in the mining industry, past President and Founder of Canam Alpine Ventures Ltd. (recently sold to Vizsla Resources Ltd.), currently President and Founder of Canam Mining Corp. and Rokmaster Resources Corporation.

From 1986 to 2010 Mr. Mirko the founder, President-CEO and Director of 4 public mining-exploration companies and a founder and Director of 3 others. He has been self-employed in the sector since 1972 as a prospector, contractor and consultant involved in exploration, development and mine construction of various projects in 12 counties, and commercial production of mineral concentrates and metal products from 5 of the projects.

In 2008, Mr. Mirko was a recipient of the ‘E. A. Scholtz Medal for Excellence in Mine Development’ from the Association for Mineral Exploration of British Columbia, and in 2009, the Mining Association of British Columbia’s ‘Mining and Sustainability Award’ for the MAX Mine.

Mr. Mirko is currently a member in good standing of the Society of Economic Geologists, Inc., the Canadian Institute of Mining, Metallurgy and Petroleum, the Prospectors and Developers Association of Canada and AME BC.

Transaction Details

The Agreement provides for the purchase of all the minerals claims and crown grants held by the Privco that make up the Alpine Gold Property. At closing Copper Quest will issue 14,177,517 Copper Quest common shares to Privco at a deemed price of $0.175c per share. The Shares will have a 24-month escrow agreement from closing date.

Additionally, Copper Quest will reimburse $225,000 towards the 2025 expenditures of the Property that was completed earlier this year and a 2 percent NSR will be granted to Privco on closing of the Acquisition with half being able to be bought back for CAD$1-million.

Closing is subject to a 45-day due diligence period, exchange approval and other customary closing conditions. Closing may occur prior to the 45-day due diligence period. A finder’s fee is payable in common shares in connection with the transaction.

Qualified Person

Brian Thurston, P.Geo., the Company’s President, CEO and a qualified person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects , has reviewed and approved the technical information in this news release.

Gold: Global Demand & Supply

Global demand for gold remains strong, supported by persistent geopolitical uncertainty, inflationary pressures, and ongoing central bank purchases. At the same time, supply growth is limited, with declining reserves at mature mines, few large-scale discoveries, and rising development costs. This tightening supply backdrop highlights the strategic value of advancing new gold projects in secure, mining-friendly jurisdictions. Copper Quest is aligned with these global trends, positioning Alpine to contribute to the next generation of significant gold discoveries.

Stock Options

The Company has granted stock options to Directors, Management, and Consultants of the Company to acquire an aggregate of 2,600,000 common shares in the capital of the Company, pursuant to the Company’s Equity Incentive Plan. The stock options are each convertible into a common share of the Company at an exercise price of $0. 20 until November 13, 2030.

About Copper Quest Exploration Inc.

Copper Quest ( CSE: CQX; OTCQB: IMIMF; FRA: 3MX ) is focused on building shareholder value through strategic acquisitions and the exploration and development of its North American Critical Mineral portfolio of assets. The Company’s land package currently comprises five critical mineral projects that span over 40,000+ hectares in great mining jurisdictions.

Copper Quest has a 100% interest in the Stars Property, a porphyry copper-molybdenum discovery, covering 9,693 hectares in central British Columbia’s Bulkley Porphyry Belt. Contiguous to the Stars Property, Copper Quest has a 100% interest in the 5,389-hectare Stellar Property. CQX also has an earn-in option up to 80% and joint-venture agreement on the 4,700-hectare porphyry copper-molybdenum RIP Project, also in the Bulkley Porphyry Belt.

Copper Quest has a 100% interest in the Nekash Copper-Gold Project, a porphyry exploration opportunity located in Lemhi County, Idaho, along the prolific Idaho-Montana porphyry copper belt that hosts world-class systems such as Butte and CUMO. The project is fully road-accessible via maintained U.S. highways and forest service roads and currently consists of 70 unpatented federal lode claims covering 585 hectares.

Copper Quest has a 100% interest in the Thane Project located in the Quesnel Terrane of Northern BC which spans over 20,658 ha with 10 high-priority targets identified demonstrating significant copper and precious metal mineralization potential.

Copper Quest’s leadership and advisory teams are senior mining industry executives who have a wealth of technical and capital markets experience and a strong track record of discovering, financing, developing, and operating mining projects on a global scale. Copper Quest is committed to sustainable and responsible business activities in line with industry best practices, supportive of all stakeholders, including the local communities in which it operates. For more information on Copper Quest, please visit the Company’s website at Copper Quest .

On behalf of the Board of Copper Quest Exploration Inc.

Brian Thurston, P.Geo.
Chief Executive Officer and Director
Tel: 778-949-1829

For further information contact:

Investor Relations
info@copper.quest

Forward Looking Information

This news release contains certain ‘forward-looking information’ and ‘forward-looking statements’ (collectively, ‘ forward-looking statements ‘) within the meaning of applicable securities legislation. All statements, other than statements of historical fact included herein, including without limitation, future operations and activities of Copper Quest, are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as ‘expects’, ‘anticipates’, ‘believes’, ‘intends’, ‘estimates’, ‘potential’, ‘possible’, and similar expressions, or statements that events, conditions, or results ‘will’, ‘may’, ‘could’, or ‘should’ occur or be achieved. Forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates based on or related to many of these factors. Such factors include, without limitation, risks associated with possible accidents and other risks associated with mineral exploration operations, the risk that the Company will encounter unanticipated geological factors, risks associated with the interpretation of exploration results, the possibility that the Company may not be able to secure permitting and other governmental clearances necessary to carry out the Company’s exploration plans, the risk that the Company will not be able to raise sufficient funds to carry out its business plans, and the risk of political uncertainties and regulatory or legal changes that might interfere with the Company’s business and prospects. Readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these items. The Company does not assume any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by applicable securities laws.

The Canadian Securities Exchange has not reviewed, approved or disapproved the contents of this press release, and does not accept responsibility for the adequacy or accuracy of this release.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3309c0ba-17fd-4a57-b498-e8a3c49534fc

News Provided by GlobeNewswire via QuoteMedia

This post appeared first on investingnews.com

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Americas Gold & Silver to Acquire Crescent Silver in US$65 Million Deal

Mid-tier precious metals producer Americas Gold and Silver (TSX:USA,NYSEAMERICAN:USAS) continues to grow its North American footprint with its intended acquisition of privately owned Crescent Silver.

The two companies inked a US$65 million binding purchase agreement on Thursday (November 13). It includes the past-producing, fully permitted Crescent mine in the Idaho Silver Valley.

Known as “the silver capital of the world,” the region is well known for its immense production of silver, lead and zinc, as well as significant amounts of copper and antimony.

Within this prolific mining district, the Crescent mine is sandwiched between the historic Sunshine and Bunker Hill mines and is just 9 miles from Americas’ Galena complex, an active silver, lead and copper operation.

“The mineralized material at Crescent is the same silver-copper-antimony tetrahedrite material currently processed at Galena,” notes the company’s press release.

The deal comes just one week after the US Geological Survey officially added silver to its list of critical minerals in recognition of the metal’s growing importance to American economic and national security.

Substantial infrastructure is already in place at Crescent, which has a historic 2015 preliminary economic assessment demonstrating the potential to produce 1.4 million to 1.6 million ounces of silver annually.

“Crescent has the potential to be fast tracked into our growing production profile alongside Galena, allowing us to leverage our strong operations team located in the Silver Valley,” said Americas Chair and CEO Paul Andre Huet.

Management believes the company can begin adding feed from Crescent to the Galena mill and generating cashflow from these activities as early as mid-2026. Americas’ team sees plenty of upside on the Crescent property as less than 5 percent of the landholding has been explored, with only two veins delineated for production. In 2026, the company plans to launch a US$3.5 million drill program to test multiple targets both at surface and underground.

The Crescent acquisition includes US$20 million in cash alongside approximately 11.1 million common shares of an equity position in Americas valued at approximately US$45 million.

To cover the cost of the purchase, Americas initially announced it would be conducting a concurrent US$65 million bought-deal private placement via an agreement with Canaccord Genuity and BMO Capital Markets.

Shortly after that news, the company said it was increasing that private placement to US$115 million on strong investor interest. Eric Sprott, Americas’ largest shareholder, will participate in the financing.

“The addition of the Crescent Mine, while potentially improving the project profile of the Company, provides additional synergies only available through rational consolidation and is a transaction that leverages the strength of Paul’s strong operating team in the Silver Valley,” said Sprott, a well-known financier in the mining industry.

Earlier in the week, Americas Gold & Silver published its financial and operational results for Q3. Its consolidated silver production was up 98 percent year-on-year and 11 percent quarter-on-quarter, while its consolidated revenue, including by-product revenue, jumped by 37 percent compared to the same quarter last year to US$30.6 million.

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

This post appeared first on investingnews.com

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