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Mark Skousen of Forecasts & Strategies shares his outlook for gold, silver and the US economy.

‘We’ve entered an era of what I call permanent inflation,’ he explained.

‘After World War II, inflation became permanent — higher and higher prices every year. The inflation rate may ebb and accelerate, but it’s always positive year after year.’

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

This post appeared first on investingnews.com

 1911 Gold Corporation (‘1911 Gold’ or the ‘Company’) (TSXV: AUMB,OTC:AUMBF) (OTCBB: AUMBF) (FRA: 2KY) is pleased to announce new assay results from the surface drill program at the Company’s wholly-owned operational and fully permitted True North Gold Project (‘True North’), centrally located within the Company’s 100%-owned Rice Lake Gold property, southeast Manitoba, Canada. The latest assay results are from five (5) drill holes for 1,867 metres (‘m’) targeting the San Antonio West target (‘SAM W’).

 

Drilling* Highlights:

  • Surface drilling completed to date on the new SAM W target has confirmed quartz vein-hosted gold (‘Au’) mineralization to a depth of 630 m below surface
    • TN-25-064: Intersected 24.83 grams per tonne (‘g/t’) Au over 2.60 m (at 490.00 m), including 46.00 g/t Au over 1.00 m, including 63.20 g/t Au over 0.50 m, 28.80 g/t Au over 0.50 m and 32.40 g/t Au over 0.50 m
    • TN-25-067: Intersected 4.04 g/t Au over 5.80 m (at 467.60 m), including 23.90 g/t Au over 0.50 m and 6.12 g/t Au over 0.50 m
    • TN-25-071: Intersected 12.80 g/t Au over 0.80 m (at 473.50 m)
  • The drill holes targeting the SAM W down-dip extensions also intersected significant gold mineralization within an area defined as the Annex target (to the east and at shallower depths to SAM W), confirming historical gold mineralization defined in the area:
    • TN-25-061: Intersected 10.00 g/t Au over 0.50 m (at 247.80 m) and 8.75 g/t Au over 2.60 m (at 294.00 m), including 18.00 g/t Au over 1.00 m
    • TN-25-064: Intersected 2.94 g/t Au over 3.10 m (at 271.60 m), including 6.71 g/t Au over 1.00 m
    • TN-25-067: Intersected 5.23 g/t Au over 2.50 m (at 272.50 m), including 5.76 g/t Au over 2.00 m and 9.18 g/t Au over 0.50 m
    • TN-25-071: Intersected 6.73 g/t Au over 1.40 m (at 307.60 m), including 7.47 g/t Au over 0.90 m

* All drill results are quoted as downhole drill lengths, and downhole depth.

‘San Antonio West continues to deliver some of the best near-mine exploration results we’ve seen at True North,’ stated Shaun Heinrichs, President and CEO. ‘These high-grade intercepts demonstrate the strength of the True North mineralized system and highlights the continued opportunity to outline new zones of mineralization adjacent to existing infrastructure. With the transition to underground drilling, we will accelerate resource growth across multiple target areas building towards a sustainable restart of operations.’

1911 Gold has now completed seventy-five (75) surface drill holes, for a total of 20,398 m of drilling as part of the 2025 surface exploration drill program (the ‘2025 Surface Drill Program‘). The 2025 Surface Drill Program focused on new targets defined by favourable host rocks and mineralized structural settings within the True North Mine footprint, also supported by significant historical drill intercepts that were close to surface and existing infrastructure. The most recent phase of the program consisted of two drill rigs targeting the down-dip extensions of mineralization at the new high-grade San Antonio Southeast (‘SAM SE‘) and SAM W target areas, as well as the newly identified Shore target. The surface drilling program was completed on September 20, 2025, and these are the last assay results being reported for the program. Project activities have now shifted to underground exploration, resource expansion and resource delineation drilling. Underground drilling within the True North Mine commenced on October 1, 2025, with one (1) drill rig on Level 16 (695 m below surface) and a second drill rig added on November 6, 2025.

*Along the Cartwright South shear zone projected to vertical, San Antonio drifts and shafts projected up to 250 m from the south-east

**For other drill results see press release dated June 10, 2025 (1911 Gold intersects up to 58.66 g/t Gold over 1.40 m on San Antonio West Zone at True North); April 30, 2025 (1911 Gold intersects 62.40 g/t Au over 1.00 m on San Antonio West Zone at True North) and February 4, 2025 (1911 Gold intersects 8.42 g/t Gold over 0.91 m and 7.23 g/t Gold over 1.05 m in Drilling at True North).

 

Table 1: Select Significant Drill Hole Assay Results

Target Area

(name)

Drill Hole

(number)

From

(m)

To

(m)

Interval

(m)

Au

(g/t)

Annex

TN-25-061

247.30

247.80

0.50

10.00

250.00

251.00

1.00

4.23

293.70

296.30

2.60

8.75

Including

295.30

296.30

1.00

18.00

Annex

TN-25-064

271.60

274.70

3.10

2.94

Including

273.70

274.70

1.00

6.71

SAM W

TN-25-064

490.00

492.60

2.60

24.83

Including

490.00

491.00

1.00

46.00

Including

490.00

490.50

0.50

63.20

and

490.50

491.00

0.50

28.80

and

492.10

492.60

0.50

32.40

Annex

TN-25-067

272.50

275.00

2.50

5.23

Including

273.00

275.00

2.00

5.76

and

274.50

275.00

0.50

9.18

SAM W

TN-25-067

467.60

473.40

5.80

4.04

Including

467.60

468.10

0.50

23.90

and

472.90

473.40

0.50

6.12

497.20

497.70

0.50

4.88

Annex

TN-25-071

274.10

274.60

0.50

2.89

307.60

309.00

1.40

6.73

Including

307.60

308.50

0.90

7.47

313.70

314.30

0.60

2.34

317.90

318.50

0.60

3.88

322.00

322.50

0.50

5.01

SAM W

TN-25-071

473.50

474.30

0.80

12.80

1)

Intercepts above a cut-off grade of 2.25 g/t Au

2)

Maximum of 2.50 m internal dilution and no top capping applied

3)

Intervals represent drill core length and are considered to represent 60% to 90% of true widths

4)

Full Significant Assay Results included in Table 2

5)

Drill hole Information included in Table 3

San Antonio West Target: Discussion of Results

Drilling completed to date has confirmed the extensions of gold mineralization within the SAM gabbro to over 600 m northwest of the historically mined San Antonio zone, covering an area 400 m long and up to  630 m in depth. Twenty-six (26) surface drill holes, for a total of 6,087 m, were drilled on the SAM W target area as part of the 2025 program. The results of five (5) drill holes for 1,867 m are included in this press release, of which two (2) drill holes, TN-25-061 (311 m downhole depth) and TN-25-071A (30 m downhole depth), did not reach target depths and were abandoned due to hole deviation.

Drilling on the SAM W target confirmed the presence of a vein system parallel to the historical San Antonio ore body, which shares the same geology, alteration, and mineralization characteristics. The mineralized intercepts are characterized by quartz-carbonate shear veins and vein breccias with sericite, chlorite alteration and pyrite disseminated and in veinlets developed in association with east and northwest trending shear zone corridors.

Drill hole TN-25-064 tested the down-dip extensions of the modelled SAM W target area. Drilling successfully intercepted high-grade gold mineralization with the best intercept of 2.60 m @ 24.83 g/t Au (at 490.00 m downhole depth).

Drill hole TN-25-067 tested the 100 m down-dip extension of gold mineralization intersected in hole TN-25-058 (0.50 m @ 10.40 g/t Au), and intersected two distinct gold mineralized veins including 0.50 m @ 10.40 g/t Au, see press release dated June 10, 2025 (1911 Gold Intersects up to 58.66 g/t Au over 1.40 m on San Antonio West zone at True North).

Drill hole TN-25-71 was designed to test 100 m west of gold mineralization intersected in drill hole TN-25-060 (2.60 m @ 24.83 g/t Au), and intersected 0.80 m @ 12.80 g/t Au, see press release dated June 10, 2025 (1911 Gold Intersects up to 58.66 g/t Au over 1.40 m on San Antonio West zone at True North).  

Annex Target: Discussion of Results

Drilling completed on the Annex target defined high-grade gold mineralization within a dacitic volcaniclastic unit. The gold mineralization is associated with well-developed quartz shear veins and vein breccias within a carbonate, sericite +/- chlorite alteration assemblage and disseminated and veinlet-hosted pyrite and occasionally specs of native gold.

Drill hole TN-25-061 intercepted 0.50 m @ 10.00 g/t Au (at 247.30 m downhole depth) and 2.60 m @ 8.75 g/t Au (at 293.70 m downhole depth), including 1.00 m @ 18.00 g/t Au (at 295.30 m downhole depth).

Drill hole TN-25-064 intercepted 3.10 m @ 2.94 g/t Au (at 271.60 m downhole depth), including 1.00 m @ 6.71 g/t Au (at 273.70 m downhole depth).

Drill hole TN-25-067 intercepted 2.50 m @ 5.23 g/t Au (at 272.50 m downhole depth), including 2.00 m @ 5.76 g/t Au (at 273.70 m downhole depth), and 0.50 m @ 9.18 g/t Au (at 274.50 m downhole depth).

Drill hole TN-25-071 intercepted 1.40 m @ 6.73 g/t Au (at 307.60 m downhole depth), including 0.90 m @ 7.47 g/t Au.

The high-grade nature and width of the drill intercepts and the preliminary size of the area drilled (120 m on strike and 160 m vertically and open up and down dip) represent an additional emerging target within the mine footprint. Upon modelling, this area could be further drilled from surface to define a potential new ore source in close proximity of the True North Mine infrastructure.

San Antonio West Target

The SAM W target is located west of the historically mined San Antonio zone within the True North Mine. The SAM W target occurs within the gabbro of the San Antonio mafic unit and the intersection with the Cartwright South mineralized shear zone. The SAM gabbro hosts the majority of the known gold mineralization within the True North Mine and historically produced 1,309,351 ounces Au at an average grade of 9.33 g/t Au from San Antonio (see technical report entitled ‘NI 43-101 Technical Report on the True North Gold Project, Bissett, Manitoba, Canada, dated December 23. 2024). 

Annex Target

The Annex target is located 300 m east of the Cartwright Zone and 1 kilometre (‘km‘) northwest of the Hinge deposit, and was first intersected in a 2012 and 2013 surface exploration drilling program. The target is located at the intersection of the Cartwright South shear zone with a dacitic volcanoclastic unit, potentially the northwest extension of the host unit of the Hinge deposit, and covers an area with a 120 m east-west strike length by 160 m vertically, and is open both along strike and at depth. Additional interpretation is ongoing to model the extent of the mineralized zone to assess up-side potential.

*Historic drill holes referenced on Table 4 and 5 below

Next Steps

With the latest phase of surface drilling within the mine lease completed in late September, the Company has shifted its focus to an expanded underground drill campaign within the True North Mine footprint. Two (2) underground drill rigs are currently active on Level 16, an area that provides multiple favourable drill stations and immediate access to high-priority targets. Underground drilling is designed to continue testing the down-dip extensions of the SAM W,  SAM SE and Shore discoveries, as well as evaluating several newly defined exploration targets (see press release dated September 25, 2025). The program will also include delineation drilling of two test mining areas accessible from Level 16 and  drill testing the extensions of the current resource.

Rehabilitation work will also commence in two key areas over the coming months: the L13 deposit area, accessed by a ramp from the Hinge decline, and Level 6, a previously unsurveyed level located 262 m below surface, extending northwest from the A Shaft of the historical San Antonio workings. The L13 area will provide improved access to drill the down-dip extensions of the SAM SE target, while rehabilitation on Level 6 will support continued drilling of the SAM W target and potential drilling of the Cartwright Zone to the west, an area hosting a mineral resource open-at-depth. Additional surface drilling is currently being planned to continue testing the SAM W and Shore targets over the winter.

Concurrently, the Company is advancing permitting for a 2,200 m surface drill program at Ogama-Rockland, a near-surface target with a high-grade NI 43-101 mineral resource, located 35 km southeast of the True North complex (see Technical Report dated November 15, 2013, ‘A Technical Review of the Ogama-Rockland Deposit on the Rice Lake Property, Manitoba, Canada,’ prepared by Watts, Griffis and McOuat). The Company expects to receive approval to commence drilling in the coming weeks, which would allow the program to begin before year-end.

Table 2: True North; Select Drill Hole Assays

Target Area

(name)

Drill Hole

(number)

  From

     (m)

    To

    (m)

Interval

(m)

Au

(g/t)

Annex

TN-25-061

247.30

247.80

0.50

10.00

249.00

250.00

1.00

0.59

250.00

251.00

1.00

4.23

251.00

253.60

2.60

1.84

261.60

262.20

0.60

0.55

288.70

289.20

0.50

1.35

293.70

296.30

2.60

8.75

Including

295.30

296.30

1.00

18.00

297.00

297.50

0.50

0.51

300.20

300.70

0.50

0.71

301.90

303.00

1.10

0.65

Annex

TN-25-064

260.30

264.00

3.70

1.02

271.60

274.70

3.10

2.94

Including

273.70

274.70

1.00

6.71

311.30

312.40

1.10

0.66

315.50

317.30

1.80

0.96

483.90

485.90

2.00

1.08

487.00

488.00

1.00

1.93

SAM West

TN-25-064

490.00

492.60

2.60

24.83

Including

490.00

491.00

1.00

46.00

Including

490.00

490.50

0.50

63.20

and

490.50

491.00

0.50

28.80

and

492.10

492.60

0.50

32.40

492.60

496.50

3.90

0.64

Annex

TN-25-067

272.50

275.00

2.50

5.23

Including

273.00

275.00

2.00

5.76

Including

273.00

273.50

0.50

6.43

and

273.50

274.00

0.50

6.79

and

274.50

275.00

0.50

9.18

275.50

276.00

0.50

1.19

285.10

286.60

1.50

2.01

446.60

447.50

0.90

0.62

SAM West

TN-25-067

467.60

473.40

5.80

4.04

Including

467.60

468.10

0.50

23.90

and

472.90

473.40

0.50

6.12

474.30

474.80

0.50

0.59

481.90

484.50

2.60

0.81

497.20

497.70

0.50

4.88

265.10

265.60

0.50

1.03

Annex

TN-25-071

274.10

274.60

0.50

2.89

277.70

279.00

1.30

0.63

307.60

309.00

1.40

6.73

Including

307.60

308.50

0.90

7.47

313.70

314.30

0.60

2.34

317.90

318.50

0.60

3.88

318.50

319.90

1.40

1.42

322.00

322.50

0.50

5.01

322.50

323.60

1.10

1.17

328.30

328.80

0.50

1.93

406.30

407.00

0.70

0.54

466.50

467.40

0.90

2.24

469.10

470.10

1.00

0.51

473.00

473.50

0.50

0.59

SAM West

TN-25-071

473.50

474.30

0.80

12.80

475.30

476.80

1.50

0.77

*Composites above 0.5 g/t Au and metal factor above 0.5 Au ‘gxm’

 

Table 3: True North Drill Hole Details  (UTM NAD83 Zone 15)

Drill Hole
(Number)

Target  

(Name)

Northing*
(m)

Easting*
(m)

Elevation
(masl)

Azimuth
(°)

Inclination
(°)

Depth
(m)

TN-25-061

SAM West

5656302

312170

266

243

-56

311

TN-25-064

SAM West

5656307

312180

266

229

-71

509

TN-25-067

SAM West

5656308

312182

266

206

-58

516

TN-25-071A

SAM West

5656309

312179

266

249

-62

30

TN-25-071

SAM West

5656309

312180

266

249

-62

501

 

Table 4: Historic Drill Hole Details (UTM NAD83 Zone 15)

Drill Hole
(Number)

Northing*
(m)

Easting*
(m)

Elevation
(masl)

Azimuth
(°)

Inclination
(°)

Depth
(m)

CW-06-064

311685

5656239

261

172

-60

310

CW-06-069

311630

5655977

259

158

-50

182

CW-06-071

311630

5655977

259

167

-70

200

CW-06-073

311630

5655977

259

101

-50

215

GAB-28-014

311611

5655937

258

220

-45

20

GAB-36-005

311620

5655955

258

220

-60

53

GAB-60-012

311631

5655918

258

220

-65

65

GAB-6-010

311585

5655955

258

220

-50

66

GAB-7-007

311543

5656062

258

220

-50

115

UR-12-005

312153

5656301

266

240

-55

520

 

Table 5: Historic Drill Holes – Select Significant Drill Hole Assay Results*

Drill Hole

(number)

From

(m)

To

(m)

Composite
Interval

(m)

Au

(g/t)

CW-06-064

282.61

283.92

1.31

6.86

CW-06-069

73.67

77.05

3.38

7.93

CW-06-071

72.54

74.16

1.62

3.54

CW-06-073

192.33

194.28

1.95

4.05

GAB-6-010

10.67

11.46

0.79

10.97

GAB-7-007

104.55

105.55

1.01

28.11

GAB-28-014

16.46

18.20

1.74

6.54

GAB-36-005

46.33

49.41

3.08

9.80

GAB-60-012

45.35

46.33

0.98

8.91

UR-12-005

456.65

458.18

1.52

2.72

CW-06-064

282.61

283.92

1.31

6.86

* Refer to Technical Report dated December 23, 2024 entitled ‘NI 43-101 Technical Report on the True North Gold Project, Bissett, Manitoba, Canada’

Qualified Person Statement

The scientific and technical information in this news release has been reviewed and approved by Mr. Michele Della Libera, P.Geo, Vice-President Exploration of 1911 Gold Corporation, who is a ‘Qualified Person’ as defined under NI 43-101.

Quality Assurance/Quality Controls (QA/QC)

Core samples are collected by sawing the drill core in half along the axis, with one-half sampled, placed in plastic sample bags, labelled, sealed and the other half retained for future reference. Batches are shipped to Activation Laboratories Ltd. (Actlabs), in Thunder Bay, Ontario for sample preparation and analysis. Samples are dried, crushed to 2mm and a 1 kg split is pulverized to -200 mesh. Gold analysis is completed by fire-assay with an atomic absorption finish on 50 grams of prepared pulp. Samples returning values equal or greater to 10.00 g/t are reanalysed by fire assay with a gravimetric finish. Total gold analysis (Screen Metallic Sieve) is conducted on highly mineralized samples or the presence of visible gold. Certified gold reference material samples are inserted every 20 samples and blank samples at intervals of one in every 50 samples, with additional blanks inserted after samples hosting visible gold. Repeat third-party gold analyses for 5% of all submitted sample pulps are analyzed at ALS-Chemex Laboratory, North Vancouver, Canada.

About 1911 Gold Corporation

1911 Gold is a junior explorer that holds a highly prospective, consolidated land package totaling more than 61,647 hectares within and adjacent to the Archean Rice Lake greenstone belt in Manitoba, and also owns the True North mine and mill complex at Bissett, Manitoba. 1911 Gold believes its land package is a prime exploration opportunity, with the potential to develop a mining district centred on the True North complex. The Company also owns the Apex project near Snow Lake, Manitoba and the Denton-Keefer project near Timmins, Ontario, and intends to focus on organic growth and accretive acquisition opportunities in North America.

1911 Gold’s True North complex and the exploration land package are located within and among the First Nation communities of the Hollow Water First Nation and the Black River First Nation. 1911 Gold looks forward to maintaining open, cooperative, and respectful communications with all of our local communities and stakeholders to foster mutually beneficial working relationships.

ON BEHALF OF THE BOARD OF DIRECTORS

Shaun Heinrichs
President and CEO

www.1911gold.com 

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

This news release may contain forward-looking statements. Often, but not always, forward-looking statements can be identified by the use of words such as ‘plans’, ‘expects’ or ‘does not expect’, ‘is expected’, ‘budget’, ‘scheduled’, ‘estimates’, ‘forecasts’, ‘intends’, ‘anticipates’ or ‘does not anticipate’, or ‘believes’, or describes a ‘goal’, or variation of such words and phrases or state that certain actions, events or results ‘may’, ‘could’, ‘would’, ‘might’ or ‘will’ be taken, occur or be achieved.

All forward-looking statements reflect the Company’s beliefs and assumptions based on information available at the time the statements were made. Actual results or events may differ from those predicted in these forward-looking statements. All of the Company’s forward-looking statements are qualified by the assumptions that are stated or inherent in such forward-looking statements, including the assumptions listed below. Although the Company believes that these assumptions are reasonable, this list is not exhaustive of factors that may affect any of the forward-looking statements.

Forward-looking statements involve known and unknown risks, future events, conditions, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, prediction, projection, forecast, performance or achievements expressed or implied by the forward-looking statements. All statements that address expectations or projections about the future, including, but not limited to, the Company’s current business plans, including the underground drill program, and the timing and results thereof; development programs and the planned test mining program, leading towards a potential mine restart in 2027; the deployment of surface drills, and the receipt of permits to commence drilling at Ogama-Rockland, and the timing and results thereof; and generally, the plans, operations and prospects of the Company, are forward-looking statements. Although 1911 Gold has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

All forward-looking statements contained in this news release are given as of the date hereof. The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except in accordance with applicable securities laws.

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.

SOURCE 1911 Gold Corporation

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/November2025/11/c0246.html

News Provided by Canada Newswire via QuoteMedia

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Questcorp Mining Inc. (CSE: QQQ,OTC:QQCMF) (OTCQB: QQCMF) (FSE: D910) (the ‘Company’ or ‘Questcorp’) is pleased to announce that Sorbie Bornholm LP (‘Sorbie’), a UK Investment Fund, has undertaken an initial investment in Questcorp Mining Inc. (CSE: QQQ,OTC:QQCMF) (OTCQB: QQCMF) (FSE: D910) (‘Questcorp’ or the ‘Company’). The gross amount of the investment is CAD$2,000,000. The funds will go toward advancing Questcorp’s ongoing exploration and development programs at its flagship La Union Gold and Silver Project in Sonora, Mexico, and its North Island Copper Property on Vancouver Island, British Columbia, and for general working capital purposes.

Reflecting on the new partnership, President & CEO, Saf Dhillon, commented:

‘We are incredibly pleased to have secured this strategic investment from Sorbie Bornholm, a respected international institutional investor. This financing provides us with the flexibility to accelerate exploration across our key assets in Mexico and British Columbia. We view Sorbie’s participation as a strong vote of confidence in Questcorp’s team, vision, and long-term potential to deliver value through discovery and development.’

Whitney Kofford, Managing Director of Sorbie Bornholm LP, added:

‘We are delighted to welcome Questcorp Mining Inc. as a new partner and portfolio company. Our decision to invest reflects our enormous confidence in Questcorp’s leadership. And in turn, by entering into a Sharing Agreement, Questcorp’s leadership signals strong conviction in their ability to execute and grow value for all stakeholders. Sorbie’s Sharing Agreement is designed to align interests towards growth and provide companies with consistent capital that rewards operational success and share price appreciation. We trust Questcorp will use the capital support to systematically unlock long-term value for all shareholders, and we look forward to sharing in their great upside potential.’

About Sorbie Bornholm

Sorbie Bornholm LP is a global investment firm that provides funding for ongoing business objectives to listed micro, small and mid-cap growth companies. We focus on public equity investments in companies that are looking to expand and on management teams with a clear growth strategy. Our extensive experience allows us to invest in most industries in order to provide supportive, longer-term capital that rewards company growth.

Since 2000, Sorbie Bornholm LP founder Greg Kofford has perfected the ‘Sorbie-Strategy’, utilizing a sharing agreement that supports management and rewards growth. This unique approach has now been used in over 50 investments – with many of those resulting in the companies receiving more cash than the original offering proceeds – without having to issue any additional shares.

Sorbie Bornholm’s core values drive who we are and how we invest. We are committed to developing long-term relationships with select listed public companies and their brokers & advisers. We focus on providing supportive, longer-term capital that rewards growth. We invest to make a difference, to become a valued partner and to be a shareholder of choice. It’s important to us that we succeed together.

To see if the Sorbie-Strategy is right for your company, please contact Sorbie Bornholm:

Whitney Kofford, Managing Director
+1-801-554-5889
whitney@sorbiebornholm.com https://sorbiebornholm.co.uk/

About Questcorp Mining Inc.

Questcorp Mining Inc. is engaged in the business of the acquisition and exploration of mineral properties in North America, with the objective of locating and developing economic precious and base metals properties of merit. The Company holds an option to acquire an undivided 100% interest in and to mineral claims totaling 1,168.09 hectares comprising the North Island Copper Property, on Vancouver Island, British Columbia, subject to a royalty obligation. The Company also holds an option to acquire an undivided 100% interest in and to mineral claims totaling 2,520.2 hectares comprising the La Union Project located in Sonora, Mexico, subject to a royalty obligation.

Contact Information

Questcorp Mining Corp.

Saf Dhillon, President & CEO

Email: saf@questcorpmining.ca
Telephone: (604) 484-3031

This news release includes certain ‘forward-looking statements’ under applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements with respect to the intended use of proceeds from the Offering. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: the ability of Riverside to secure geophysical contractors to undertake orientation surveys and follow up detailed survey to confirm and enhance the drill targets as contemplated or at all, general business, economic, competitive, political and social uncertainties, uncertain capital markets; and delay or failure to receive board or regulatory approvals. There can be no assurance that the geophysical surveys will be completed as contemplated or at all and that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/273793

News Provided by Newsfile via QuoteMedia

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Senate Republicans unveiled a crucial piece of the puzzle in their bid to reopen the government and plan to plow ahead with a vote on Sunday. 

While both sides still appear at an impasse on extending expiring Obamacare subsidies, appropriators moved ahead with a package of spending bills that Republicans hope will jumpstart the government funding process, and lead to an end to the 40-day government shutdown. 

The Senate Appropriations Committee released the three-bill spending package, known as a minibus, Sunday afternoon. Lawmakers are still waiting on text for an updated continuing resolution (CR), that, if passed, is expected to reopen the government until late January. 

It includes legislation that would fund military construction and the VA, the legislative branch and agriculture and the Food and Drug Administration.

Senate Republicans view the package as a sweetener that they hope attracts enough Senate Democrats to break through the logjam and move toward reopening the government. And given that the minibus is a largely bipartisan product, lawmakers believe it could succeed. 

Senate Majority Leader John Thune, R-S.D., made clear in the last few days that he would not put a bill on the floor that did not have the votes to pass after spending several weeks daring Senate Democrats to vote against the original House-passed continuing resolution (CR). 

‘There’s going to be something to vote on, let’s put it that way,’ Thune said. 

Still, the package does not include a deal on Senate Democrats’ chief demand throughout the government shutdown to extend expiring Obamacare subsidies. 

Thune has promised Senate Minority Leader Chuck Schumer, D-N.Y., and his caucus a vote on the expiring subsidies after the government reopens. And for several weeks, Senate Democrats said that was not enough to assuage the concerns. 

Senate Democrats are expected to huddle Saturday night before a likely vote to plot a path forward. If Schumer and his caucus agree to the deal, they would effectively be caving from their deeply-entrenched position that has seen the government shutdown stretch over a month. 

Lawmakers will now have time to read over the bills, with a vote expected later Sunday evening. 

But, it’s just the first step in what could be a long and drawn-out process. First, Thune will tee up the original House-passed CR for a vote, which lawmakers view as the vehicle to attach the minibus and updated CR to. 

Then there will be two more votes before the package advances from the Senate. Then, it will have to go back to the House before making its way to President Donald Trump’s desk. 

Schumer and his caucus could still apply pain on the process, too, through procedural hurdles. And despite rumblings of some in the caucus ready to break ranks, some Republicans aren’t too optimistic that this will be an easy process. 

‘I don’t expect anything from the Democrats,’ Sen. Markwayne Mullin, R-Okla., said. ‘At this point, their demands have been so ridiculous, I don’t know what they’re going to do, and at this point, I frankly, don’t give a crap.’ 

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Iran is facing its worst drought in decades, raising fears of evacuations in Tehran while threatening the regime’s stability and nuclear ambitions, according to a leading environmental expert.

Kaveh Madani, Director of the United Nations University Institute for Water, Environment and Health, said Iran’s worsening ‘water bankruptcy’ would impact the country’s ability to function and weaken its position on the global stage.

‘This water bankruptcy weakens Iran on the world stage,’ Madani told Fox News Digital.

‘If they want to stick to their ideology and fight with the West, they must use their natural resources and burn them, so if there is no water, there is less resilience and less capacity to resist.’

Madani, who has long warned of environmental mismanagement in Iran, said the current water crisis across the nation was predictable.

‘The water bankruptcy situation was not created overnight,’ he said. ‘The house was already on fire, and people like myself had warned the government for years that this situation would emerge.’

President Masoud Pezeshkian warned that without rainfall before winter, Tehran could face partial evacuation, according to The Associated Press.

Of the five major dams supplying the capital, one has already run dry and another is operating below 8% capacity, according to AP.

Energy Minister Abbas Alibadi also announced that water supplies will be cut off on some evenings to refill reservoirs, urging citizens to reduce consumption by 20% to avoid rationing.

‘The symptoms were already present, and now the flames are undeniable. We are discussing Day Zero, when the taps would run dry in Tehran and other cities once immune to shortages,’ Madani said.

‘Iran is in a state of water bankruptcy, the result of decades of mismanagement, worsened by prolonged drought and climate change,’ he added.

Madani also said that the collapse of basic infrastructure could spark wider unrest.

‘When people are out of water and electricity, you face domestic and national security problems that even Iran’s enemies, not even President Trump or Prime Minister Netanyahu, could have wished for this to happen.’

Madani warned that the crisis threatens not just its citizens but also Iran’s energy and nuclear infrastructure.

Despite U.S. claims that airstrikes destroyed Iran’s nuclear facilites, new intelligence reported by The New York Times suggested ongoing enrichment at a fortified site known as Pickaxe Mountain.

‘If water and electricity shortages persist, any nuclear program would also be impacted,’ Madani claimed.

‘Lack of rain means less hydropower generation, leading to both water and power outages,’ he said.

The U.S. and its allies reimposed sweeping sanctions on Iran’s oil exports and banking sector and the end of the 2015 nuclear deal triggered penalties.

‘Additionally, they face the issue of sanctions,’ said Madani, ‘There were already sanctions in place, imposed by the United States and there were also Security Council sanctions that, as you know, have been reintroduced.’

‘Iran is in resistance mode, and remaining in this mode means increased pressure on Iran’s ecosystem, natural resources, and water, but it also means heightened concerns about food insecurity issues and dependence on food imports.’

Evacuation of Tehran, however, remains improbable, Madani said. ‘People have jobs, children are in school, so it can’t happen overnight. The government hopes for rain, but people are already afraid.’

‘Iran is in resistance mode, and remaining in this mode means increased pressure on Iran’s ecosystem of natural resources and water,’ Madani concluded.

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There are now enough Senate Democrats willing to back a revamped plan to reopen the government. 

A source familiar with the newly-unveiled plan told Fox News Digital that there are enough Senate Democrats ready to join Republicans for a key vote Sunday night as Congress readies to reopen the government. 

The latest development comes after an updated continuing resolution was revealed that would reopen the government until Jan. 30, 2026, reverse firings of furloughed workers carried out by the Trump administration and ensure that furloughed workers get back pay. 

Senate Appropriations Chair Susan Collins, R-Maine, led the bipartisan deal, but a trio of Democratic caucus members, Sens. Angus King, I-Maine, Jeanne Shaheen, D-N.H., and Maggie Hassan, D-N.H., proved crucial in striking a way forward. 

Lawmakers are expected to take the first of a trio of votes on reopening the government later Sunday night. But it will require action from the House before the closure is officially ended. 

Earlier in the day, Senate Republicans unveiled another crucial piece of the puzzle in their bid to reopen the government and plan to plow ahead with a vote on Sunday. 

While both sides still appear at an impasse on extending expiring Obamacare subsidies, appropriators moved ahead with a package of spending bills that Republicans hope will jumpstart the government funding process, and lead to an end to the 40-day government shutdown. 

The Senate Appropriations Committee released the three-bill spending package, known as a minibus, Sunday afternoon. Lawmakers are still waiting on text for an updated continuing resolution (CR), that, if passed, is expected to reopen the government until late January. 

It includes legislation that would fund military construction and the VA, the legislative branch and agriculture and the Food and Drug Administration.

Senate Republicans view the package as a sweetener that they hope attracts enough Senate Democrats to break through the logjam and move toward reopening the government. And given that the minibus is a largely bipartisan product, lawmakers believe it could succeed. 

Senate Majority Leader John Thune, R-S.D., made clear in the last few days that he would not put a bill on the floor that did not have the votes to pass after spending several weeks daring Senate Democrats to vote against the original House-passed continuing resolution (CR). 

‘There’s going to be something to vote on, let’s put it that way,’ Thune said. 

Still, the package does not include a deal on Senate Democrats’ chief demand throughout the government shutdown to extend expiring Obamacare subsidies. 

Thune has promised Senate Minority Leader Chuck Schumer, D-N.Y., and his caucus a vote on the expiring subsidies after the government reopens. And for several weeks, Senate Democrats said that was not enough to assuage the concerns. 

Senate Democrats are expected to huddle Saturday night before a likely vote to plot a path forward. If Schumer and his caucus agree to the deal, they would effectively be caving from their deeply-entrenched position that has seen the government shutdown stretch over a month. 

Lawmakers will now have time to read over the bills, with a vote expected later Sunday evening. 

But, it’s just the first step in what could be a long and drawn-out process. First, Thune will tee up the original House-passed CR for a vote, which lawmakers view as the vehicle to attach the minibus and updated CR to. 

Then there will be two more votes before the package advances from the Senate. Then, it will have to go back to the House before making its way to President Donald Trump’s desk. 

Schumer and his caucus could still apply pain on the process, too, through procedural hurdles. And despite rumblings of some in the caucus ready to break ranks, some Republicans aren’t too optimistic that this will be an easy process. 

‘I don’t expect anything from the Democrats,’ Sen. Markwayne Mullin, R-Okla., said. ‘At this point, their demands have been so ridiculous, I don’t know what they’re going to do, and at this point, I frankly, don’t give a crap.’ 

This post appeared first on FOX NEWS

Let’s put politics aside, as if that were possible, and look at how the craziness of the last few days is affecting people.

A week ago, President Donald Trump announced that the 42 million Americans on the SNAP nutrition program would not be getting their benefits — this against the backdrop of a government shutdown that has now reached its 40th day.

This against the backdrop of millions of federal workers who have not been paid while the shutdown drags on — and many of whom live paycheck to paycheck.

This against the backdrop of Trump throwing a lavish, Great Gatsby-themed Mar-a-Lago bash where guests in formal wear watched opera and feasted on blue cheese mousse, sliced beef filet, seared scallops and Trump chocolate cake.

Meanwhile, a federal judge ordered the administration to resume SNAP benefits, which cost $8.5 billion a month, but the Supreme Court gave Trump time to appeal.

And when at least nine states said they would pay for SNAP benefits during the crisis, Trump ordered them to ‘immediately undo’ any effort to provide food stamps to lower-income families — or face financial penalties.

Let’s see: how does this make the president look?

I hate this word, but what are the optics of this determined effort to stop these benefits from reaching hungry families?

After all, when a wealthy donor pal, Timothy Mellon, a banking and railroad heir, offered $130 million to ensure that American troops get paid during the shutdown, Trump seized the opportunity.

After all, the Trump tax cut was tilted toward the wealthy.

After all, Trump has further cut capital gains taxes on home sales that will mostly benefit the affluent and wealthy, enabling many to pay zero, or a reduced rate, on these sales. If you are totally unaware of this, you probably don’t qualify.

After all — this may have been the weirdest thing — Trump said Obamacare is so terrible that he wants to send people $2,000 checks so they can buy their own insurance.

But, where would they buy it, if not from an insurance company? And what would they do if the stock market plunged? There’s a reason that privatization of health insurance has never gone anywhere.

So to come back to politics (inevitably), how does any of this help Trump?

I get the notion that he’s trying to boost the pain level so that Democrats will end the shutdown on his terms.

The Democrats, who have made soaring Obamacare premiums a central part of their pitch — and fear millions will lose coverage unless expiring subsidies are extended — have hung on longer than anyone expected.

For what it’s worth, both sides deserve a ton of blame for failing to keep the lights on during this endless blame game, rather than work out a compromise, which is what we pay them to do.

But don’t Trump and JD Vance, who called the judge’s order ‘absurd,’ look like they don’t particularly care if millions of families go hungry, or are taking food from dumpsters?

Seriously, is there an alternative explanation?

Blaming the other side is fine for the usual political fun and games. But doing it during this kind of self-inflicted crisis?

With the opposition throwing out charges of cruelty, is there some nine — dimensional chess level on which this helps Trump?

Trump says former President Joe Biden ‘went totally crazy’ and handed out food stamps to ‘anybody that would ask.’ So is this liberalism gone wild? I decided to do a little digging.

Turns out there are income limits, and those in the program must meet work requirements. What’s more, the oft-repeated charge that illegal immigrants are getting SNAP benefits is simply untrue, though there are exemptions for children and refugees. (Obviously, you can never completely rule out instances of fraud.)

During the pandemic, when unemployment soared, Congress passed an emergency measure that temporarily suspended a work requirement for adults without dependents who were capable of holding jobs. This happened under … President Trump, in his first term, in 2020.

Under a deal with Republicans in 2023, work requirements for SNAP were increased. That happened under … Biden. Some Republicans, meanwhile, said the measure didn’t go far enough.

By the way, SNAP participation peaked in the fall of 2017, under Trump, which was related to hurricane emergencies.

Sorry for the green-eyeshade stuff, but I thought it was worth more research.

Most people don’t have the time or interest in excavating the details. They just know they aren’t getting the food aid they expected and that neither are millions of other lower-income families. And especially with his dogged determination to block the states from helping out, many are holding Trump accountable.

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President Donald Trump has granted ‘full, complete and unconditional’ pardons to several key allies accused of attempting to overturn the 2020 election, U.S. Pardon Attorney Ed Martin announced Sunday night.

In a post on X, Martin shared Trump’s proclamation granting pardons for dozens of people, including notable figures like Rudy Giuliani, Mark Meadows and Sidney Powell.

The pardon proclamation was posted in response to a message Martin shared on X on May 26, 2025, that said, ‘No MAGA left behind.’

‘This proclamation ends a grave national injustice perpetrated upon the American people following the 2020 Presidential Election and continues the process of national reconciliation,’ the document reads.

Trump wrote in that proclamation that he did not include himself in the pardons.

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The Federal Aviation Administration (FAA) started reducing air traffic across 40 airports Friday due to air traffic controller staffing issues stemming from the government shutdown.

As the government shutdown has hit 40 days, more air traffic control workers have refused to come to work as they’re about to miss a second paycheck next week — prompting the FAA to make cuts to ensure no safety issues arise.

But these flight reductions will likely continue if the shutdown does — or worsen — and could impact thousands of flights daily, according to Marc Scribner, a senior transportation policy analyst at the libertarian Reason Foundation think tank.

‘This would affect thousands of flights per day, and tens of thousands of passengers potentially seeing their flights canceled — a major disruption,’ Scribner told Fox News Digital Thursday.

As of Sunday, there are now enough Senate Democrats willing to back a revamped plan to reopen the government. But if the shutdown doesn’t end, air travel disruptions are at risk. 

‘I don’t think we would expect, if the shutdown continues, for staffing levels to improve over what they are right now,’ Scribner said. ‘If anything, they will continue to deteriorate as controllers call out sick or perhaps even resign. So I would expect it would not get better as long as the shutdown continues.’

Scribner said that travelers shouldn’t be concerned that the reduction in flights would translate to a lapse in safety, but said they should be aware that their travel schedules will likely take a hit as a result.

‘They’re not going to allow unsafe flights. So whatever that means in terms of staffing capability and workflow, they are going to reduce the flights in order to maintain that very high level of safety that’s demanded of that,’ Scribner said. ‘Travelers shouldn’t be concerned about safety in this, but they should be concerned about their travel schedules, which are likely to be impacted.’

Richard Stern, director of the Grover M. Hermann Center for the Federal Budget at conservative think tank The Heritage Foundation, also said he expects this reduction to continue until the shutdown ends. 

‘Unfortunately, I think it’s going to have to continue until the shutdown ends, because they’re running through resources that they don’t have until this funding again,’ Stern told Fox News Digital Thursday. 

Stern said the government has been entering into uncharted territory now with what minimum services the government is required to provide, despite the fact that funding has expired. 

‘No one really knows exactly what the next steps are after this,’ Stern said. 

No clarity has been provided regarding how long this reduction in flights is expected to continue. The Department of Transportation, which oversees the FAA, did not immediately respond to a request for comment from Fox News Digital.

The FAA said Friday that air traffic will be cut by 10% in the coming days across 40 ‘high-volume’ markets, including those in major cities like Atlanta, Denver, Dallas, Orlando, Miami and San Francisco, according to a list of airports obtained by The Associated Press. Major metropolitan areas with several airports like New York and Chicago will have outages at multiple locations.

Reducing air traffic in response to the lapse in funding from the government shutdown is unprecedented, according to FAA Administrator Bryan Bedford.

‘I’m not aware in my 35-year history in the aviation market where we’ve had a situation where we’re taking these kinds of measures,’ Bedford said at a news conference Wednesday.

Air traffic controllers have been working without pay since the shutdown kicked off Oct. 1, and often are required to work six days a week in addition to mandatory overtime.

Bedford said that the decision to reduce air traffic was made in order to prevent a crisis from emerging, amid increased staffing pressures and voluntary safety reports from pilots suggesting that air traffic controllers were facing heightened levels of fatigue.

‘We’re not going to wait for a safety problem to truly manifest itself when the early indicators are telling us we can take action today to prevent things from deteriorating,’ Bedford said. ‘The system is extremely safe today and will be extremely safe tomorrow. If the pressures continue to build even after we take these measures, we’ll come back and take additional measures.’

The Associated Press contributed to this report.

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The Senate took a massive step forward on its way to reopening the government on Sunday, with a group of Senate Democrats caving and joining Republicans in their bid to pass a revamped plan to end the shutdown.

Signs that the shutdown, which entered its 40th day, could be ending became more and more clear as the day went on, particularly with the unveiling of a bipartisan package of spending bills that lawmakers hope to attach to a modified bill to reopen the government.

Eight Senate Democrats crossed the aisle to mark the first step in the GOP’s quest to end the shutdown. Many of the lawmakers that splintered from Senate Minority Leader Chuck Schumer, D-N.Y., were among those engaged in bipartisan talks over the last several weeks.

Among the defectors were Sens. Angus King, I-Maine, John Fetterman, D-Pa., Catherine Cortez Masto, D-Nev., Jeanne Shaheen, D-N.H., Maggie Hassan, D-N.H., Jacky Rosen, D-N.M., Tim Kaine, D-Va., and the number two Democrat in the Senate, Dick Durbin, D-Ill.

‘The question was, does the shutdown further the goal of achieving some needed support for the extension of the tax credits? Our judgment was that it will not,’ King said. ‘It would not produce that result. And the evidence for that is almost seven weeks of fruitless attempts to make that happen.’

Schumer and Senate Democrats long stayed the course that they would only vote to reopen the government in exchange for a solid deal on extending expiring Obamacare subsidies.

But the solution developed over the last several days included nothing of the sort. While there were some wins in the updated continuing resolution (CR), like reversals of some of the firings of furloughed workers undertaken by the Trump administration and guaranteeing back pay for furloughed workers, there was no guaranteed victory in sight on the Obamacare issue.

That means that Senate Democrats effectively caved with little to show for their healthcare push, save for the guarantee of a vote on the subsidies from Senate Majority Leader John Thune, R-S.D., which was reflected in the updated CR. 

Schumer panned the compromise deal, and charged that when Republicans rejected Democrats’ own counter-proposal that would have extended the expiring subsidies for a year, ‘They showed that they are against any health care reform.’

‘This healthcare crisis is so severe, so urgent, so devastating for families back home that I cannot, in good faith, support this CR that fails to address the healthcare crisis,’ Schumer said. 

Thune was optimistic that the plan would work, and reiterated his promise of a vote on the expiring subsidies. However, whatever legislation is produced to address the Obamacare issue is likely to fail. 

Regardless, as I have said for weeks to my Democrat friends, I will schedule a vote on their proposal, and I’ve committed to having that vote no later than second week in December,’ he said. 

Progressives in the caucus were unhappy with the developments, too.

Sen. Bernie Sanders, I-Vermont, charged that it would be a ‘horrific mistake’ for Democrats to cave now without an Obamacare deal.

‘If Democrats cave on this issue, what it will say to Donald Trump is that he has a green light to go forward toward authoritarianism,’ Sanders said. ‘And I think that would be a tragedy for this country.’

Still, there is a long way to go before the government officially reopens.

Sunday’s vote was the first in a series needed in the Senate to modify the original House-passed continuing resolution and combine it with the three-bill spending package and updated CR, which, if passed, would reopen the government until Jan. 30, 2026.

Lawmakers hope that if given the extra time, they could finish funding the government with spending bills rather than turning to another CR or colossal omnibus spending package, which crams all 12 government funding bills into one piece of legislation.

‘If we blow this window, we’re going to get stuck with a yearlong CR,’ Sen. John Hoeven, R-N.D., said.

And the shutdown won’t end in the Senate, given that the changes to the legislation will need to be greenlit by the House before making it to President Donald Trump’s desk.

Democrats could still extract pain through procedural hurdles unless there is unanimous agreement from all 100 senators to move forward with the remaining votes.

The Obamacare issue is still bubbling on both sides of the aisle, however. Senate Republicans slammed the state of healthcare throughout Saturday, particularly over how the subsidies funneled money to insurance companies.

Democrats still remained skeptical if their frustration, and desire to make changes to take on insurance companies, was legitimate.

‘The point, I think that’s really relevant here, is if they’re serious, and I really question whether that’s the case,’ Sen. Ron Wyden, D-Ore., said.

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