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More than 1,000 HHS workers demand Kennedy resignation over CDC director firing and agency changes

More than 1,000 current and former employees of the Department of Health and Human Services (HHS) signed a letter calling on HHS Secretary Robert F. Kennedy Jr. to resign on Wednesday.

The employees cited Kennedy’s recent ousting of the Centers for Disease Control and Prevention (CDC) director Susan Monarez. They also accused Kennedy of appointing ‘political ideologues’ to positions of authority.

‘We believe health policy should be based in strong, evidence-based principles rather than partisan politics. But under Secretary Kennedy’s leadership, HHS policies are placing the health of all Americans at risk, regardless of their politics,’ the letter says.

‘Should he decline to resign, we call upon the President and U.S. Congress to appoint a new Secretary of Health and Human Services, one whose qualifications and experience ensure that health policy is informed by independent and unbiased peer-reviewed science. We expect those in leadership to act when the health of Americans is at stake,’ the letter continues.

HHS did not immediately respond to a request for comment from Fox News Digital.

The letter comes just days after Sen. Bernie Sanders, I-Vt., also called on Kennedy to resign, citing his actions at the CDC. The Trump administration announced the removal of Monarez last week, less than a month after she was confirmed, after she refused Kennedy’s directives to adopt new limitations on the availability of some vaccines, including for approvals for COVID-19 vaccines.

Four other senior CDC officials resigned in protest after Monarez’s ouster, pointing, in part, to anti-vaccine policies pushed by Kennedy. Hundreds of workers at the agency also walked out of the CDC’s headquarters in Atlanta in support of their former colleagues.

Sanders wrote in an op-ed for The New York Times that Kennedy is ‘endangering the health of the American people now and into the future,’ and accused the secretary of firing Monarez because she refused ‘to act as a rubber stamp for his dangerous policies.’

‘Despite the overwhelming opposition of the medical community, Secretary Kennedy has continued his longstanding crusade against vaccines and his advocacy of conspiracy theories that have been rejected repeatedly by scientific experts,’ Sanders wrote.

‘It is absurd to have to say this in 2025, but vaccines are safe and effective,’ he added. ‘That, of course, is not just my view. Far more important, it is the overwhelming consensus of the medical and scientific communities.’

The Trump administration has defended Monarez’s ouster, with White House press secretary Karoline Leavitt saying Thursday that the president has the ‘authority to fire those who are not aligned with his mission.’

‘The president and Secretary Kennedy are committed to restoring trust and transparency and credibility to the CDC by ensuring their leadership and their decisions are more public-facing, more accountable, strengthening our public health system and restoring it to its core mission of protecting Americans from communicable diseases, investing in innovation to prevent, detect and respond to future threats,’ Leavitt told reporters.

Fox News’ Landon Mion contributed to this report

This post appeared first on FOX NEWS

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It’s not the economy, stupid. Democrats’ real path out of the wilderness

For decades, Democrats have clung to James Carville’s mantra: ‘It’s the economy, stupid.’ It became the default excuse for every campaign message, every strategy and every setback.  

We need to retire that phrase from our political lexicon. 

My fellow Democrats forget that Carville’s first rule on his whiteboard in Little Rock wasn’t the economy, stupid. It was ‘Change vs. more of the same.’ Voters still want change — not numbers, not excuses. And if President Donald Trump offers change while Democrats defend the system as it is, Democrats will lose. 

Today, my party is jumping onto a shiny substitute considered to be the winning message that unites all — ‘affordability’ — as if the idea that lower prices are better than higher ones is a revelation. Has a candidate ever campaigned on the reverse? 

During the Biden administration, consumer costs inflated on our watch, but now we are asking midterm voters to give us the keys back to the car anyway.  

When is my party going to learn that politics is about culture and connection, not charts and spreadsheets? It’s about being relevant to the lives of ordinary people, not proving to them that we are right. 

Voters aren’t sitting in some academic economics lecture. They don’t care about GDP growth, labor-force participation rates, or the Bureau of Labor Statistics when they feel prices are too high. They don’t want to hear that homicides, robberies and carjackings have decreased according to the latest stats, when they feel unsafe. Sending in the National Guard won’t be a solution to ending crime in our inner cities, but it does make communities feel protected.  

Are Democrats so disconnected from reality that we’ve unlearned the most basic political principle of all, that perception and politics go hand-in-glove?  

Voters are not looking to be informed by candidates, especially when they sound like human calculators, vomiting out numbers. Being informed isn’t the same as feeling informed and telling voters that how they feel isn’t real, because numbers say otherwise, isn’t a winning message. Shaming Trump voters for their choice last year or lecturing them that this isn’t what they voted for, offends them rather than persuades them. Patronizing voters is not a strategy. 

What voters in this midterm election want is some cultural common sense, and to borrow a bullet from the Democratic talking points, Democrats have not been meeting voters where they are — yet.  

Voters want to hear us acknowledge that crime is bad and say we need more cops on the street, but not necessarily troops. They want our candidates to give a straight answer and plainly state that boys shouldn’t compete in girls’ sports as a matter of fairness. It’s okay for Democrats to say they believe in merit-based hiring instead of DEI and box-checking quotas.  

Most Americans feel this way — and Democrats lose credibility when they dodge these conversations or give evasive answers.  

Democrats avoid going where the news and conversations are happening. Our leaders and candidates too often duck and cover. When issues turn culturally sensitive, they play hide and seek. We need to run straight into the culture war fires, not away from them. Those are the conversations voters are having and we need to join them.  

My old boss, President Joe Biden, learned this lesson the hard way. Biden’s presidency illustrates this danger for Democrats on the ballot everywhere in 2026. At the very moments when Americans were craving leadership — like a national debate over college campus unrest and violent antisemitism — Biden was absent. Scranton Joe, who built his career on a chip-on-the-shoulder authenticity that connected with ordinary people, became the first non-Ivy League president in decades. Yet, he was silent when he could have drawn the sharpest contrast from the elites.  

Biden told Americans the economy was the envy of the world, and then his Baghdad Bobs in the White House told us he was as sharp as ever. Polls said Americans felt otherwise, still his instinct was to retreat further.  Voters saw fewer unscripted moments, such as interviews or news conferences, smaller steps off Air Force One and a greater reliance on teleprompters. In a political age where imagery shapes public opinion, Biden looked feeble, distant and disconnected. He followed an outdated media strategy that led him into a political death spiral.  

Trump, by contrast, dives headfirst into every news cycle and runs into every cultural fire — from campus protests to celebrity dust-ups like Sydney Sweeney’s jeans or Cracker Barrel’s new logo. He doesn’t hesitate, he doesn’t duck, he doesn’t wait for the perfect poll-tested phrase. Love him or hate him, voters can’t miss that he shows up with an opinion and a position. He doesn’t keep them guessing.  

Democrats don’t need to copy Trump’s style. But they do need his guts. If voters are talking about trans athletes, immigration, DEI or crime — and they stay silent or pivot — then they’re absent from the conversations Americans outside the Beltway are having with friends, family and their neighbors. It’s these social conversations that are shaping political identity, not stats and charts. 

Voters will tune out any type of hell Democrats try to raise about prices, tariffs or cuts to Medicare if they think we don’t ‘get’ them on culture. 

The way out of the wilderness isn’t another slogan about affordability. It’s courage and common sense. Stop hiding behind statistics. Start running into the fire. Only then will Democrats earn back voters’ trust. 

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Allied Critical Metals Joins the Critical Minerals Forum to Advance Secure Tungsten Supply

Allied Critical Metals Inc. (CSE: ACM,OTC:ACMIF) (OTCQB: ACMIF) (FSE: 0VJ0) (‘Allied’ or the ‘Company’), which is focused on its 100% owned past producing Borralha and Vila Verde tungsten projects in northern Portugal, is pleased to announce its membership in the Critical Minerals Forum (‘CMF’ a leading U.S.-based non-profit initiative dedicated to strengthening secure and transparent global critical mineral supply chains.

The CMF convenes key stakeholders across the critical minerals value chain – including companies, investors, end-users, policymakers, and research organizations – with a shared mission of building reliable and resilient supply networks for minerals essential to technology, defense, energy, and advanced manufacturing.

Allied’s flagship Borralha Tungsten Project, strategically located in northern Portugal, represents one of the largest undeveloped tungsten deposits in Europe and a potential near-term source of supply outside of China and Russia. With a current NI 43-101 mineral resource estimate of 4.98 Mt @ 0.22% WO₃ (Indicated) and 7.01 Mt @ 0.20% WO₃ (Inferred), Borralha has the potential to provide a stable and scalable source of tungsten concentrate to Western markets. Allied’s mineral resource estimate for its Borralha Tungsten Project is further detailed in its technical report entitled, ‘Technical Report on the Borralha Property, Parish of Salto, District of Vila Real, Portugal’, dated effective July 31, 2024′ which is available under the Company’s profile on SEDAR+ at www.sedarplus.ca.

Roy Bonnell, CEO & Director of Allied Critical Metals, commented: ‘Allied is proud to join the Critical Minerals Forum at such a pivotal time for global supply chain security. Tungsten is recognized as one of the most strategic and irreplaceable critical minerals, yet supply is overwhelmingly concentrated in China. By advancing Borralha & Vila Verde, we are working to establish Europe’s next major tungsten mines – and our participation in CMF ensures we can contribute to shaping the policies, partnerships, and strategies that will underpin Western supply resilience.’

The Critical Minerals Forum (CMF) is a leading non-profit initiative dedicated to strengthening secure, transparent, and resilient global supply chains for critical and strategic metals. Bringing together governments, industry leaders, investors, and technology innovators, the CMF provides a collaborative platform to advance responsible sourcing, promote sustainable development, and reduce reliance on unstable or concentrated supply regions. With a mission to support energy transition, defense readiness, and advanced manufacturing, the CMF works to ensure the materials essential to modern economies remain accessible, reliable, and responsibly produced.

Rob Strayer, President of the Critical Minerals Forum, stated: ‘Allied Critical Metals brings important expanded capacity to the supply of tungsten, which is a critical mineral that is a priority for the Forum for both national and economic security reasons. Allied’s upstream perspective and regional positioning make them a valuable contributor to the Forum.’

Through its membership, Allied is contributing to CMF working groups focused on supply chain diversification, midstream processing, and data-driven market forecasting. The Company’s insights are particularly relevant to tungsten, known as the ‘military metal’ for its essential role in defence applications, industrial tooling, aerospace, and clean energy technologies.

The Borralha Tungsten Project is planned to be advanced through resource expansion, updated technical studies, and project development aligned with European and North American critical minerals strategies. By reviving one of Europe’s historically significant tungsten districts, Allied is positioning itself as a cornerstone supplier to allied nations seeking to diversify supply chains away from China and Russia.

Options and RSUs

The Company also hereby announces the grant of 3,125,000 stock options (the ‘Options’) at an exercise price of $0.345 per share granted to directors, officers, employees and consultants of the Company pursuant to its omnibus equity incentive plan, which vests immediately and expire 5 years after the date of grant. The Company also announces that it has granted 3,125,000 restricted share units (‘RSUs’) to directors, officers, employees and consultants of the Company vesting immediately pursuant to its omnibus equity incentive plan.

The Options and RSUs will be subject to a four month hold period in accordance with applicable Canadian securities laws and the policies of the Canadian Securities Exchange.

About Allied Critical Metals Inc.

Allied Critical Metals Inc. (CSE: ACM,OTC:ACMIF) (OTCQB: ACMIF) (FSE: 0VJ0) is a Canadian-based mining company focused on the expansion and revitalization of its 100% owned past producing Borralha Tungsten Project and the Vila Verde Tungsten Project in northern Portugal. Tungsten has been designated a critical metal by the United States and other western countries, as they are aggressively seeking friendly sources of this unique metal. Currently, China, Russia and North Korea represent approximately 86% of the total global supply and reserves. The tungsten market is estimated to be valued at approximately USD $5 to $6 billion and it is used in a variety of industries such as defense, automotive, manufacturing, electronics, and energy.

Please visit our website at www.alliedcritical.com.

Also visit us at:
    LinkedIn: https://www.linkedin.com/company/allied-critical-metals-inc
    X: https://x.com/@alliedcritical/
    Instagram: https://www.instagram.com/alliedcriticalmetals/

ON BEHALF OF THE BOARD OF DIRECTORS

Per: ‘Roy Bonnell’

Roy Bonnell
Chief Executive Officer and Director

Contact Information

For further information or investor relations inquiries, please contact:
Dave Burwell, Vice President, Corporate Development
Tel: 403 410 7907 | Toll Free: 1-888-221-0915
Email: daveb@alliedcritical.com

The Canadian Stock Exchange does not accept responsibility for the adequacy or accuracy of this release.

Cautionary Statement Regarding Forward-Looking Information

This news release contains ‘forward-looking statements’, including with respect to the use of proceeds. Wherever possible, words such as ‘may’, ‘would’, ‘could’, ‘should’, ‘will’, ‘anticipate’, ‘believe’, ‘plan’, ‘expect’, ‘intend’, ‘estimate’, ‘potential for’ and similar expressions have been used to identify these forward-looking statements. These forward-looking statements reflect the current expectations of the Company’s management for future growth, results of operations, performance and business prospects and opportunities and involve significant known and unknown risks, uncertainties and assumptions, including, without limitation, those listed in the Company’s Listing Statement and other filings made by the Company with the Canadian securities regulatory authorities (which may be viewed under the Company’s profile at www.sedarplus.ca ). Examples of forward-looking statements in this news release include, but are not limited to, statements regarding the proposed timeline and use of proceeds for exploration and development of the Company’s mineral projects as described in the Company’s Listing Statement, news releases, and corporate presentations. Should one or more of these risks or uncertainties materialize or should assumptions underlying the forward-looking statements prove incorrect, actual results, performance or achievements may vary materially from those expressed or implied by the forward-looking statements contained in this news release. These factors should be considered carefully, and prospective investors should not place undue reliance on the forward-looking statements. This list is not exhaustive of the factors that may affect any of the Company’s forward-looking statements and reference should also be made to the Company’s Listing Statement dated April 23, 2025 and news release dated May 16, 2025, and the documents incorporated by reference therein, filed under its SEDAR+ profile at www.sedarplus.ca for a description of additional risk factors. The Company disclaims any intention or obligation to revise forward-looking statements whether as a result of new information, future developments or otherwise, except as required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/264883

News Provided by Newsfile via QuoteMedia

This post appeared first on investingnews.com

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Silver Stocks: 5 Biggest Companies in 2025

During 2025, silver has continued to build on gains made in the previous year, soaring above US$40 per ounce in early September.

The gains have been driven by several factors, most notably the tightening of supply and demand fundamentals, resulting from higher demand from industrial sectors and its use in photovoltaics.

Additionally, prices have found tailwinds from safe-haven investors who find silver’s lower entry price compared to gold appealing. The moves have been fueled by uncertainty in the global financial markets as the United States implements its new trade and tariff policies. Investors have also been unsettled by an escalating tension in the Middle East and the unresolved conflict between Russia and Ukraine.

Below is an overview of the five largest silver-mining stocks by market cap as of August 25, 2025, as per data gathered using TradingView’s stock screener. Read on to learn more about the activities and operations of these large-cap silver stocks.

1. Pan American Silver (TSX:PAAS)

Market cap: C$16.35 billion
Share price: C$45.06

Pan American Silver is among the world’s largest primary silver producers, with silver assets located throughout the Americas and operations in Peru, Mexico, Bolivia, Argentina and Chile.

According to its Q2 report, released on August 6, overall, the company produced 5.1 million ounces of silver during the period. Its largest silver-producing asset is the La Colorada mine in Mexico, which produced 1.51 million ounces of silver during the quarter.

Other significant contributors to its silver production were its El Peñon gold-silver mine in Chile at 968,000 ounces of silver, Huaron in Peru at 844,000 ounces, San Vicente in Bolivia at 755,000 ounces, Cerro Moro in Argentina at 488,000 ounces and Dolores in Mexico at 291,000 ounces.

The company also reaffirmed its 2025 operating outlook and expects full year silver production in the 20 million to 21 million ounce range, with all in sustaining costs in the US$16.25 to US$18.25 per ounce range.

Additionally, the company announced on May 11 that it had entered into a definitive agreement to acquire all of the issued and outstanding shares of MAG Silver (TSX:MAG,OTC Pink:FNLPF). Under the terms of the US$2.1 billion deal, MAG shareholders will be paid out a mix of cash totaling US$500 million and 0.755 shares in Pan American per MAG share.

Once complete, Pan American will control 44 percent of the Juanicipio mine in Central Mexico. The mine is operated by Fresnillo (LSE:FRES), which holds the remaining 56 percent.

Pan American announced on August 25 that the Mexican Federal Economic Competition Commission approved the deal and expects the acquisition to be completed on approximately September 4.

2. First Majestic Silver (TSX:AG)

Market cap: C$6.03 billion
Share price: C$12.36

First Majestic has three wholly owned silver-producing mines in Mexico: San Dimas in Durango, Santa Elena in Sonora and La Encantada in Coahuila. The first two also produce gold.

The company holds a 70 percent stake in the Los Gatos silver mine in Chihuahua as well. First Majestic acquired the property in January 2025 through a merger with Gatos Silver. Japan’s Dowa Holdings (TSE:5714) holds the remaining 30 percent interest.

In addition to its producing assets, First Majestic commenced bullion sales from its own minting facility in Nevada, US, named First Mint, in March 2024.

According to its Q2 2025 report, the company produced 3.7 million ounces of silver during the quarter, a 76 percent increase year-over-year, and set a record quarterly revenue of US$264.2 million.

Its recently acquired Los Gatos was its largest producer, delivering more than 1.52 million ounces of attributable silver. San Dimas took second place at 1.24 million ounces, while La Encantada and Santa Elena produced 628,105 ounces and 306,224 ounces respectively.

3. MAG Silver (TSX:MAG)

Market cap: C$3.39 billion
Share price: C$32.71

MAG Silver is a silver production company that has a 44 percent stake in the Juanicipio mine in Zacatecas, Mexico. Fresnillo owns the remaining 56 percent of the operation.

In addition to Juanicipio, the company also has two exploration projects, Deer Trail and Larder. Deer Trail is a silver, gold, lead, zinc and copper property in Utah, US, that hosts a historic mine, and Larder is a gold project located in Ontario, Canada.

In the company’s Q2 2025 financial results on May 8, MAG Silver reported mining operations at Juanicipio had produced 4.3 million ounces of silver during the second quarter of the year. Additionally, ongoing optimizations at the site’s processing plant boosted silver recovery to 94.6 percent in Q2, up from 92.4 percent during the same period last year.

On May 11, MAG announced that it had entered into a definitive agreement to be acquired by Pan American Silver in a US$2.1 billion deal. According to an announcement from Pan American, it is expected to close in September 2025.

4. Endeavour Silver (TSX:EDR)

Market cap: C$2.3 billion
Share price: C$7.99

Endeavour Silver is a silver company with two operating silver-gold mines in Mexico — Guanaceví and Bolañitos — plus the commissioning-stage Terronera project and several exploration properties.

On May 1, the company announced that it had completed the acquisition of Compañia Minera Kolpa and the Huachocolpa Uno mine in Peru. The terms of the deal will see Endeavour pay total considerations of US$145 million in a combination of cash and Endeavour shares to Kopla shareholders.

Endeavour has also agreed to pay an additional US$10 million in cash in contingent payments if certain events are met, and will add US$20 million in net debt, which will remain outstanding and repayable by Minera Kolpa.

In the company’s Q2 earnings report, Endeavour reported silver production of 1.48 million ounces, 13 percent higher than during the second quarter of 2024. The company attributed the increased production to the acquisition of Kolpa.

The company also provided an update on development at Terronera, which is nearing commercial production. As of the end of July, milling rates had increased to 1,900 and 2,000 metric tons per day, with average silver recoveries of 71 percent.

5. Vizsla Silver (TSX:VZLA)

Market cap: C$1.66 billion
Share price: C$4.83

Vizsla Silver is advancing its Panuco silver-gold project in Sinaloa, Mexico, toward production with the development of the Copala test mine.

Viszla released an updated preliminary economic assessment for the Panuco project on February 20, suggesting a post tax net present value of US$1.14 billion with an internal rate of return of 85.7 percent and a pay back period of less than 1 year.

Measured and indicated silver resources at the site totaled 127.82 million ounces of contained silver from 12.96 million metric tons of ore with an average grade of 307 grams per metric ton (g/t) silver. Its inferred resource totals 73.62 million ounces of silver from 10.47 million metric tons of ore with an average grade of 219 g/t.

On June 18, Vizsla reported that it had advanced 125 meters at its Copala test mine and is progressing at a rate of 4 meters per day. Once the development reaches the main deposit, Vizsla will take a 10,000 metric ton bulk sample. The portal will also serve as the primary access for underground mining operations once a construction decision is made.

Additionally, in May, the company entered into an agreement to acquire the producing Santa Fe silver-gold mine and property located to the south of Panuco.

The property hosts operating mining infrastructure, including a processing plant and an underground mine built in 2018. Between 2020 and 2024, the mine processed 370,366 metric tons of ore, with an average head grade of 203 g/t silver and 2.17 g/t gold.

Under the terms of the agreement, Vizsla will have the option to acquire a 100 percent interest in the Santa Fe producing concessions for US$4 million in exploration expenditures, along with cash considerations of US$1.5 million and 1.37 million Vizsla shares over five years. It also entered a purchase agreement to buy the Santa Fe exploration concessions for a further US$1.43 million and 2.75 million common shares.

FAQs for silver investing

Is silver a good investment?

Silver comes with many of the same advantages as its sister metal gold. Both are considered safe-haven assets, as they can offer a hedge against market downturns, a weakening US dollar and inflation.

Additionally, many investors like being able to physically own an asset, and with its lower price point, buying silver coins and bars is an accessible option for building a precious metals portfolio. Of course, physical silver isn’t the only way to invest in the metal — there are also silver stocks and various silver exchange-traded funds.

It’s up to investors to do their due diligence and decide whether silver is the right match for their portfolio.

Does silver go up when the stock market goes down?

Historically, silver has shown some correlation with stock market moves, although it’s not consistent. When the stock market has seen its worst crashes, silver has moved down, but by a less significant amount than the stock market has, showing that it can act as a safety net to lessen losses in tough circumstances.

However, silver is also known for its volatility. What’s more, because it has industrial applications as well as a currency side, silver is less tied to the stock market than gold is.

Securities Disclosure: I, Dean Belder, hold an investment in Vizsla Silver.

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Empire Metals

Investor Insight

Empire Metals (OTCQB:EPMLF, AIM:EEE) is unlocking one of the world’s largest and purest titanium deposits at its flagship Pitfield project in Western Australia. With growing global demand, a looming supply deficit, and near-term development milestones, Empire offers a compelling investment opportunity in the critical minerals space.

Overview

Empire Metals (OTCQB:EPMLF, AIM:EEE) is an Australian focused exploration and resource development company rapidly gaining international attention for its discovery and rapid development of what is believed to be the world’s largest titanium deposit.

The company is focused on advancing its flagship asset, the Pitfield project, located in Western Australia, a tier 1 mining jurisdiction. With a dominant landholding of more than 1,000 sq km, and a titanium mineral system that spans 40 km in strike length, Pitfield is emerging as a district-scale “giant” discovery with the potential to reshape the global titanium supply landscape.

Empire’s strategic focus on titanium comes at a pivotal time. Titanium is officially recognized as a critical mineral by both the European Union and the United States, owing to its essential role in aerospace, defense, medical technologies, clean energy and high-performance industrial applications. Global demand for titanium dioxide — the most widely used form of titanium — is surging due to its unmatched properties as a pigment and as a feedstock for titanium metal. Titanium supply chains are also increasingly being constrained by geopolitical risks, mine depletion and environmental challenges associated with traditional production. More than 60 percent of the global supply chain is currently concentrated in a handful of countries, notably China and Russia, creating significant vulnerabilities for Western markets.

Titanium has been designated as a critical mineral in both the EU and the US.

Against this backdrop, Empire Metals offers investors a compelling opportunity to gain exposure to a strategically vital metal through a large-scale, high-grade and clean titanium discovery. Unlike many traditional titanium sources, Pitfield’s mineralization is exceptionally pure — free from detrimental amounts of uranium, thorium, chromium and other contaminants — making it ideally suited for premium, high-purity end markets. Furthermore, the mineralized zone is near-surface and laterally extensive, allowing for low-strip and scalable bulk mining with conventional processing technologies.

With more than 22,000 meters of drilling already completed and only a fraction of the mineral system tested, Empire is aggressively advancing Pitfield towards a maiden JORC-compliant mineral resource estimate, targeted for H2-2025. Alongside this work, the company is also undertaking bulk sampling and metallurgical processing to advance flowsheet design and optimize product specifications. It is also engaging with industry players to assess product suitability for premium pigment and titanium sponge markets. Empire is planning to finalize, during the current calendar year, a mining study to evaluate the potential for a low-cost strip mining approach, utilizing continuous mining techniques.

The company is supported by a seasoned leadership team with deep expertise in exploration, resource development, mining, metallurgy and capital markets — ensuring that strategic decisions are guided by both technical excellence and a strong track record of value creation.

Company Highlights

  • The flagship Pitfield project is the world’s largest known titanium discovery. It’s a district-scale “giant” titanium mineral system, characterised by high-grade, high-purity titanium mineralisation exhibiting exceptional continuity.
  • Titanium is in a global supply deficit and recognized as a critical mineral by the EU and US.
  • Drill intercepts at Pitfield include up to 202 meters at 6.32 percent titanium dioxide (TiO2) from surface, confirming vast scale and grade.
  • Empire Metals operates in one of the world’s most secure, mining-friendly jurisdictions: Western Australia.
  • The company is led by an experienced, agile team, with proven expertise in exploration, mine development, and value creation across multiple commodities.
  • With a number of key development catalysts planned for 2025, including a maiden resource estimate, bulk sampling for scale-up of metallurgical testwork, and product optimisation, Empire remains significantly undervalued relative to its peers.

Key Projects

Pitfield Project – A World-Class Titanium Discovery

Located in Western Australia, the Pitfield project is Empire Metals’ flagship asset and represents one of the most exciting titanium discoveries globally. Spanning an area of approximately 1,042 sq km, the project has revealed a colossal mineral system measuring 40 km in length and up to 8 km in width, with geophysical indications of mineralization extending to at least a depth of 5 km.

Pitfield’s prime location in Western Australia

Extensive drilling across the project has intercepted thick, laterally continuous zones of high-grade titanium dioxide mineralization, highlighting the system’s enormous scale and consistency.

The titanium at Pitfield occurs predominantly in the minerals anatase and rutile within a weathered, in-situ cap that begins at surface. These minerals are exceptionally pure, often exceeding 90 percent titanium dioxide. They are free from harmful amounts of contaminants like uranium, thorium, chromium and phosphorus — qualities that are likely to make the deposit uniquely suitable for premium, high-purity titanium applications in aerospace, defense and clean technologies.

Pitfield is strategically located near the town of Three Springs, approximately 150 km southeast of the port city of Geraldton. The project benefits from direct access to essential infrastructure, including sealed highways, rail lines and an available water supply. This connectivity significantly enhances development potential by reducing logistics costs and simplifying future project build-out. Moreover, the Western Australian government actively supports critical mineral development, and Empire is operating within a stable, mining-friendly jurisdiction known for streamlined permitting and investment security.

Empire has completed more than 22,000 meters of drilling, confirming standout titanium dioxide (TiO2) results such as 154 meters at 6.76 percent TiO2, 148 meters at 6.49 percent TiO2, and 150 meters at 6.44 percent TiO2. Notably, mineralization remains open at depth in all tested zones, and to date, only around 5 percent of the interpreted system has been drilled. This underscores the immense upside potential for resource expansion.

The project’s development advantages are equally compelling: the mineralization is near-surface and amenable to simple, bulk mining methods with conventional processing. Its location in a tier-one mining jurisdiction offers access to infrastructure, a skilled workforce and strong regulatory support.

The Pitfield project presents a scalable processing pathway. Photo shows a gravity flotation test in process (left) and a close-up of a flotation test (right)

Pitfield is advancing toward a maiden JORC-compliant mineral resource estimate, expected by H2-2025. The project is already being recognized as a potential cornerstone asset in the global titanium supply chain.

In August 2025, Empire Metals achieved a metallurgical breakthrough, confirming that conventional processing can deliver strong results. Testwork returned 77 percent recovery in the rougher stage, 90 percent in cleaning, and 98 percent titanium dissolution, for an overall 67 percent titanium recovery. The process produced a high-purity TiO₂ concentrate grading 99.25 percent with ~5 percent Fe₂O₃, supporting plans for a lower-cost pilot plant.

Other Projects

In addition to Pitfield, Empire Metals maintains a portfolio of early-stage exploration assets offering optionality and exposure to other strategic and precious metals. Empire holds interests in two Western Australian projects — the Walton and Eclipse gold projects — both situated in historically productive mineral belts. While these assets are not the current focus, they contribute exploration upside and optionality within the company’s broader strategy.

Management Team

Neil O’Brien – Non-executive Chairman

Neil O’Brien is the former SVP exploration and new business development at Lundin

Mining, until he retired in 2018. He has an extensive global mining career as a PhD economic geologist, exploration leader and board executive.

Shaun Bunn – Managing Director

Shaun Bunn is a metallurgist based in Perth, Western Australia, with expertise in international exploration, mining, processing and development. He has a successful track record managing mining projects through all stages of development.

Greg Kuenzel – Finance Director

Based in London, Greg Kuenzel is a chartered accountant, and corporate finance and financial management expert. He has extensive experience working with resources-focused AIM listed companies.

Peter Damouni – Non-executive Director

With more than 20 years of corporate and finance experience focused in the natural resources sector, Peter Damouni holds executive and director roles in TSXV and LSE listed companies where he has played key roles in significantly enhancing shareholder value.

Phil Brumit – Non-executive Director

Phil Brumit is a veteran mining engineer and operations expert, delivering major global operations. His previous roles include international leadership positions at Freeport-McMoRan, Lundin Mining and Newmont Corporation.

Narelle Marriott – Process Development Manager

Narelle Marriott is a former BHP senior process engineer. Most recently, she was the general manager for process development for Hastings Technology Metals.

Andrew Faragher – Exploration Manager

Andrew Faragher is a former Rio Tinto exploration manager with more than 25 years of experience working across multiple commodities.

Arabella Burwell – Corporate Development

Arabella Burwell is a former Senior Director Corporate Development at NASDAQ-listed GoDaddy and a Partner, Capital Raising and Strategic Partnerships, at Hannam & Partners in London and South Africa.

Carrie Pritchard – Environmental Manager

Carrie brings over 20 years of international experience in environmental management, project development, regulatory approvals, and impact assessment. Her expertise spans mine closure and reclamation, stakeholder engagement, and the remediation of contaminated sites. She has led projects across Australia (Western Australia and Victoria) and New Zealand and has also contributed to initiatives in Malawi and Greenland.

David Parker – Commercial Manager

David Parker brings over 20 years of experience in equity capital markets, with a strong focus on the mining, industrial, and technology sectors. He has held senior roles as director and company secretary for several ASX-listed companies, providing strategic leadership and commercial oversight across diverse corporate environments.

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Silver Price Surges Above US$40 for First Time Since 2011

The silver price surged on Tuesday (September 2), breaking US$40 per ounce to rise as high as US$40.93.

Silver was last above US$40 in 2011, peaking that year at US$47.94 in April.

Many of the same factors that drove the silver price to that level in 2011 are present in today’s market, including significant uncertainty around the economy, a global debt crisis and a dovish US Federal Reserve policy.

Silver price chart, June 1 to September 2, 2025.

Alongside silver’s move, the gold price reached a fresh all-time high on Tuesday as expectations rose that the Fed will cut interest rates when it meets next from September 16 to 17.

Although inflation has been moving further from the Fed’s 2 percent target, there has been greater uncertainty in the labor force. July’s nonfarm payroll report indicated slowing growth in the jobs market and featured a downward revision of 258,000 fewer jobs in May and June combined. The next report, due on Friday (September 5), has analysts predicting further weakness in the US jobs market, with expectations of 73,000 jobs being added to the economy.

A weak jobs market has been fueled by uncertainty within the economy since the start of the year amid an ever-changing tariff policy under President Donald Trump. On August 29, a federal appeals court struck down the majority of Trump’s tariffs in a seven-to-four ruling, deeming the levies to be unconstitutional.

The tariffs will remain in place until October 14, giving the White House time to mount an appeal of the decision with the Supreme Court of the US. The order adds another level of uncertainty to an already chaotic market, pushing 10 and 30 year bond yields up and driving a selloff in equity markets. Investors are spooked that the ruling may require the government to repay tariffs that have already been collected, adding to the ballooning US federal debt.

The silver price is also benefiting from the high gold price, as some investors look for safe-haven assets at lower entry points. Additionally, silver has increasing industrial applications, which have driven a structural supply deficit in the market, providing underlying fundamental support for investors.

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

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OTC Markets Group Welcomes Empire Metals LTD to OTCQX

OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Empire Metals LTD (AIM: EEE; OTCQX: EPMLF), an exploration and resource development company, has qualified to trade on the OTCQX® Best Market. Empire Metals LTD upgraded to OTCQX from the OTCQB® Venture Market.

Empire Metals LTD begins trading today on OTCQX under the symbol ‘EPMLF.’ U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com .

The OTCQX Market is designed for established, investor-focused U.S. and international companies. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws. Graduating to the OTCQX Market from the OTCQB Market marks an important milestone for companies, enabling them to demonstrate their qualifications and build visibility among U.S. investors.

Shaun Bunn, Managing Director of Empire Metals, comments:

‘Empire Metals is delighted to upgrade to OTCQX. Building on the Company’s international shareholder base, this further enhances the accessibility and visibility of our shares to both U.S. institutional and retail investors. Trading on OTCQX offers even more investors a pathway to participate in Empire’s growth and and gain exposure to titanium – a strategically important critical mineral with strong fundamentals. We look forward to welcoming new U.S. investors as shareholders.’

About Empire Metals LTD
Empire Metals is an exploration and resource development company with a primary focus on developing Pitfield, an emerging giant titanium project in Western Australia. The high-grade titanium discovery at Pitfield is of unprecedented scale, with airborne surveys identifying a massive, coincident gravity and magnetics anomaly extending over 40km by 8km by 5km deep. Drill results have indicated excellent continuity in grades and consistency of the in-situ mineralised beds and confirm that the sandstone beds hold the higher-grade titanium dioxide (TiO₂) values within the interbedded succession of sandstones, siltstones and conglomerates. The Company is focused on two key prospects (Cosgrove and Thomas), which have been identified as having thick, high-grade, near-surface, in-situ bedded TiO₂ mineralisation, each being over 7km in strike length. An Exploration Target for Pitfield was declared in 2024, covering the Thomas and Cosgrove mineral prospects, and was estimated to contain between 26.4 to 32.2 billion tonnes with a grade range of 4.5 to 5.5% TiO2. Included within the total Exploration Target is a subset that covers the in-situ weathered sandstone zone, which extends from surface to an average vertical depth of 30m to 40m and is estimated to contain between 4.0 to 4.9 billion tonnes with a grade range of 4.8 to 5.9% TiO2.

About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our public markets: OTCQX® Best Market, OTCQB® Venture Market, OTCID Basic Market and Pink Limited Market. Our OTC Link® Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading. Our innovative model offers companies more efficient access to the U.S. financial markets.

OTC Link ATS, OTC Link ECN, OTC Link NQB, and MOON ATS are each SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC. To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com .

Media Contact:
OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com

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Nuvau Provides Comprehensive Exploration Update at Matagami

Drilling Confirms Gold Discovery and Significant Progress at Caber Complex

Nuvau Minerals Inc. (TSXV: NMC) is sharing positive results and significant progress at its Matagami Project in today’s comprehensive exploration update.

‘Multiple new discoveries, including the recent discovery of gold mineralization, demonstrate the potential of this large-scale property that was historically recognized solely for its base metal potential. The confirmation of a gold-bearing orogenic system adjacent to existing mine infrastructure significantly expands the opportunity for value creation. Nuvau is geared to continue the exploration on this large land package in the Abitibi,’ said Peter van Alphen, CEO of Nuvau Minerals Inc.

Highlights include the continued validation of the orogenic gold system that was discovered adjacent to the fully permitted Bracemac mine, and positive results from drilling additional zones on the Property, such as high-grade base metal mineralization at Caber and Renaissance:

  • Discovery of Bracemac orogenic gold system
    • First drill hole (BRCG-25-01) intersected 8.87 g/t Au over 1.05 m, including 16.02 g/t Au over 0.55
    • Visible gold observed in three of four orientation holes completed to date, confirming the presence and continuity of the gold-bearing shear zone
  • Caber Complex — 14 holes totaling 10,426 m completed to upgrade resources prior to an updated Mineral Resource Estimate (MRE)
    • GCB-24-113: 5.49% Cu, 5.95% Zn, 0.15 g/t Au, and 35.66 g/t Ag — 2.8 m
    • GCB-24-114: 4.43% Cu, 2.07% Zn, 0.12 g/t Au, and 9.05 g/t Ag — 2.75 m
    • GCB-24-116: 1.85% Cu, 3.10% Zn, 0.05 g/t Au, and 9.81 g/t Ag — 27.2 m
  • Renaissance Zone — 27 holes drilled, with 16 holes containing massive to semi-massive sulphides; initial MRE underway following highlight results including 1.03% Cu, 9.16% Zn, 0.03 g/t Au, and 6.54 g/t Ag over 4.7 m
  • McLeod Extension — MRE in progress following 7 new intersections from 5,526 m of additional drilling to follow-up the 2023 discovery of 15.9 m grading 2.81% Cu, 14.80% Zn, and 0.39 g/t Au. New step-out results include:
    • 0.52% Cu, 10.96% Zn, 0.42 g/t Au, and 11.71 g/t Ag over 4.20 m
    • 2.45% Cu, 0.24% Zn, 0.11 g/t Au, and 11.39 g/t Ag over 7.75 m

Drilling is underway to follow-up the recent discovery of gold mineralization with 25 m of the existing mine access ramp at the Bracemac Mine. Visible gold has now been observed in three of four holes drilled in this new target, confirming a continuous shear zone intersected in all holes drilled to date. The system is hosted within a tonalite intrusive rock unit in the footwall of the Bracemac Mine, a rock unit where almost no historic holes have been drilled.

Gold exploration program
Operated by Glencore until June 2022, the Bracemac-McLeod mine was one of 12 past-producing base metal mines on Nuvau’s 1,300 km² land package. Historic mining focused entirely on copper and zinc mineralization. Key infrastructure remains in place, and the mine remains permitted for operation. Little to no gold exploration was undertaken by the previous operators due to the previous focus on base metals.

Visible gold mineralization was observed in the first hole drilled to test the first of three priority gold exploration targets that Nuvau identified on this large-scale property. The current drill campaign is aimed at defining the parameters of this newly-identified gold-bearing structure. To-date, four drill holes spaced 25 to 40 metres apart have established the strike and dip of the host shear zone that is injected with quartz veins containing minor pyrite. A fifth hole is underway to test 100 metres below the initial drill holes.

Visible gold has now been observed in three holes with all holes having intersected a sheared intrusive (tonalite) containing folded quartz-calcite-chlorite veins, mineralized with 1-3% pyrite. The first hole intersected 8.87 g/t Au over 1.05 m with numerous grains of visible gold identified. Assay results from additional holes remain pending.

Figure 1: 3D view showing general location of the gold-bearing structure

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11236/264895_5883ee3814ecf89c_001full.jpg

Figure 2: Inclined long-section

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11236/264895_5883ee3814ecf89c_002full.jpg

Caber Complex
Fourteen drill holes were completed totaling 10,426 m. This drilling was designed for the conversion of resources and to collect samples for metallurgical studies in preparation for a feasibility study of the Caber Complex deposits. A revised MRE is in progress and an updated PEA is planned with the aim of optimizing the Caber Complex mine plan and incorporating the potential restart of the Bracemac-McLeod Mine and mill complex into a detailed economic analysis.

Table 1: Assay results for the Caber Complex drill program

Hole ID from to length Cu% Zn% Au(g/t) Ag(g/t)
GCB-24-112 Reassays ongoing
GCB-24-113 547.00 557.70 10.70 1.53 1.64 0.09 16.14
And 600.35 603.15 2.80 5.49 5.95 0.15 35.66
And 677.55 703.85 26.30 0.23 0.31 0.03 1.18
GCB-24-114 591.85 594.40 2.55 0.11 12.55 0.07 12.33
And 655.60 657.70 2.10 1.36 4.14 0.09 25.95
And 733.45 756.00 22.55 0.65 0.76 0.03 1.50
Incl 748.55 751.30 2.75 4.43 2.07 0.12 9.05
And 756.90 763.60 6.70 0.54 0.02 0.02 0.33
GCB-24-115 Reassays ongoing
GCB-24-116 509.80 537.00 27.20 1.85 3.10 0.05 9.81
And 559.30 565.50 6.20 0.51 0.21 0.01 0.95
GCB-24-117 460.50 495.00 34.50 0.89 0.99 0.10 6.69
And 495.00 498.55 3.55 0.37 0.01 0.04 6.37
GCB-24-118 415.20 417.00 1.80 0.06 0.56 0.00 1.08
And 493.80 496.80 3.00 0.01 0.44 0.00 1.00
And 565.60 583.55 17.95 0.85 2.44 0.09 14.82
And 590.35 595.10 4.75 1.24 0.56 0.13 10.27
And 603.60 626.70 23.10 1.34 0.02 0.03 2.19
Incl 610.10 615.90 5.80 2.94 0.04 0.03 4.21
GCB-24-119 505.85 507.50 1.65 3.73 6.82 0.22 28.48
And 513.30 513.70 0.40 0.61 2.16 0.14 23.00
And 519.50 519.80 0.30 1.81 0.46 0.24 14.00
And 579.85 583.45 3.60 3.66 3.43 0.21 18.36
And 605.85 617.95 12.10 1.32 2.97 0.10 14.74
And 676.05 681.40 5.35 0.01 0.03 0.00 0.79
And 690.15 744.50 54.35 0.25 0.41 0.02 0.84
Incl 710.50 715.35 4.85 0.35 4.10 0.02 1.24
Incl 717.00 720.85 3.85 1.17 0.06 0.04 3.14
GCB-24-120 675.50 695.65 20.15 0.84 1.46 0.07 6.50
And 796.05 829.50 33.45 0.58 0.10 0.03 2.61
Incl 811.75 820.00 8.25 1.39 0.24 0.04 5.64
Incl 811.75 814.75 3.00 2.74 0.20 0.03 7.85
GCB-25-121 Reassays ongoing
GCB-25-122 Reassays ongoing
GCB-25-123 410.60 416.40 5.80 0.67 0.55 0.03 4.18
And 545.20 545.55 0.35 0.74 4.56 0.12 18.00
And 568.50 569.05 0.55 1.52 4.14 0.38 26.00
And 626.15 627.65 1.50 0.87 2.56 0.08 9.20
And 678.35 720.40 42.05 0.56 0.58 0.04 5.09
Incl 678.35 683.20 4.85 3.04 3.45 0.25 30.73
Incl 706.45 720.40 13.95 0.59 0.44 0.03 3.29
And 735.10 738.40 3.30 0.66 0.01 0.01 1.21
GCB-25-124 636.00 640.65 4.65 0.45 2.42 0.10 3.43
And 663.35 684.30 20.95 0.69 0.01 0.02 0.38
GCB-25-125 Reassays ongoing

 

Renaissance Zone
The Renaissance Zone was discovered by Nuvau in 2023, targeting a geophysical anomaly located in the ‘West Camp’ of the Matagami Property, immediately north of the Caber Complex deposits.

A total of 27 holes were drilled to test the Renaissance Zone, with 16 intersecting massive and semi-massive sulphide zones. An initial MRE for Renaissance is in progress. Results from the most recent drilling at Renaissance are provided in Table 2, below.

Table 2: Assays results for the Renaissance drilling program

Hole ID from to length Cu% Zn% Au(g/t) Ag(g/t)
REN-24-15 329.85 337.65 7.80 0.69 7.41 0.20 22.66
REN-24-16 280.80 281.80 1.00 0.12 1.35 0.01 5.00
REN-24-17 258.70 279.30 20.60 0.36 2.79 0.04 7.49
Incl 258.70 263.15 4.45 0.45 2.95 0.13 23.22
And 274.60 279.30 4.70 1.03 9.16 0.03 6.54
REN-24-18A No significant mineralization
REN-24-18 384.00 384.70 0.70 0.32 0.08 0.03 6.00
REN-24-19 Reassays ongoing
REN-24-20 463.65 478.35 14.70 0.72 1.66 0.05 6.47
Incl 463.65 472.75 9.10 0.77 1.86 0.03 5.48
And 476.10 478.35 2.25 1.47 3.13 0.20 18.60
REN-24-21 Reassays ongoing
REN-25-22 380.90 381.55 0.65 0.12 2.22 0.03 6.00
And 398.20 398.50 0.30 0.70 0.23 0.05 11.00
And 412.35 412.75 0.40 0.61 3.70 0.04 19.00
REN-25-23 294.00 295.00 1.00 0.01 0.85 0.00 0.00
And 303.00 303.60 0.60 0.01 0.81 0.00 0.00
REN-25-24 No significant mineralization
REN-25-25 No significant mineralization
REN-25-25EXT No significant mineralization

 

Figure 3: Renaissance Zone long-section

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https://images.newsfilecorp.com/files/11236/264895_5883ee3814ecf89c_003full.jpg

McLeod extension
Intersected in 2023, the McLeod Mine extension demonstrated the potential for additional resources adjacent to existing mine workings, at the permitted past-producing Bracemac-McLeod Mine.

The extension discovery hole (MCL-13-31W1) returned 15.9 m grading 2.81% Cu, 14.80% Zn, and 0.39 g/t Au.

Seven new intersections from 5,526 m of additional drill holes completed will be incorporated into a MRE that is in progress. This zone will, along with the Caber Complex, be incorporated into future studies assessing the potential restart of the Bracemac-McLeod Mine and associated economic analysis. New results from the McLeod drill program are provided in Table 3 below.

Table 3: Assay results for the McLeod extension drilling program

Hole ID from to length Cu% Zn% Au(g/t) Ag(g/t)
MCL-13-31W6 1498.6 1502.8 4.2 0.23 2.39 0.14 11.90
Incl 1499 1500.05 1.05 0.65 3.92 0.13 20.24
MCL-13-31W7 1400.6 1402.25 1.65 0.19 4.32 0.06 3.55
And 1426.85 1432.55 5.7 0.09 1.19 0.31 3.30
MCL-13-31W8 1248.6 1251.3 2.7 0.18 2.84 0.45 6.59
MCL-18-90W2 1605 1607.2 2.2 0.09 0.02 0.11 1.64
MCL-18-90W3 1625.7 1627.4 1.7 0.09 0.54 0.18 3.24
MCL-18-91W1 1500.2 1502.35 2.15 1.44 0.07 0.31 10.65
And 1510 1519.5 9.5 0.88 0.05 0.09 7.74
And 1531.5 1534.5 3 0.72 0.06 0.08 4.67
MCL-18-91W2 1586.8 1611.75 24.95 1.04 2.36 0.14 7.03
Incl 1586.8 1591 4.2 0.52 10.96 0.42 11.71
Incl 1604 1611.75 7.75 2.45 0.24 0.11 11.39

 

About Nuvau Minerals Inc.
Nuvau Minerals is a Canadian mineral exploration company advancing the Matagami mining camp, covering more than 1,300 km² of highly prospective ground in the Abitibi region of mine-friendly Québec. Nuvau’s principal asset is the Matagami Property, which is host to significant existing processing infrastructure and multiple mineral deposits, but has never been subjected to a comprehensive gold-focused exploration program. The Company is leveraging innovative exploration methods, including AI-supported generative targeting and hydro-geochemistry, to identify and develop new gold and base metal deposits.

Qualified Person and Quality Assurance
Gilles Roy P. Geo. (Qc), Director of Exploration of Nuvau and a ‘qualified person’ as is defined by National Instrument 43-101, has verified the scientific and technical data disclosed in this news release, and has otherwise reviewed and approved the scientific and technical information in this news release.

Drill core samples are sawn by staff technicians to create half core splits. One split is retained in the drill core box for archival purposes with a sample tag affixed at each sample interval and the other split is placed in a labelled plastic bag along with a corresponding sample number tag and placed in the shipment queue.

Quality control samples including blind certified reference material (‘CRM’), blank material, and core duplicates are inserted at a frequency of 1 in every 20 samples and sample batches of up to 60 samples were then shipped directly by Nuvau personnel to the ALS Canada Ltd. preparation laboratory in Rouyn-Noranda, Québec.

All submitted core samples are crushed in full to 95 % passing less than 2 mm (ALS code CRU-32). A 1000-gram sample was then riffled split from the crushed material and pulverized to 90 % passing 75 μm (SPL-22 and PUL-32a). Pulps are shipped from the preparation laboratory to ALS Canada Ltd.’s analytical lab in North Vancouver, British Columbia, for assay.

Lead, silver, copper and zinc analyses were determined by ore grade four acid digestion with an inductively coupled plasma atomic emission spectroscopy (‘ICP-AES’) or atomic absorption spectroscopy (‘AAS’) finish (ALS codes Pb-OG62, Ag-OG62, Cu-OG62 and ZnOG62), whereas gold was determined by 50 g fire assay analysis with an AAS finish (code Au-AA23).

A second method, PhotonAssay analysis (code Au-PA01), was used on a single sample from hole BRCG-25-01 where visible gold was observed. The remaining reject material was pulverized to 95% passing 106um (PUL-32a) and recombined with the remaining master pulp material and split into three jars (~500g each) and shipped from the preparation laboratory to ALS Canada Ltd.’s analytical lab in Thunder Bay Ontario, for photon assayed. The reported value is the combined weighted assay result representing the entire length of the sample. For comparison gold determined by 50 g fire assay analysis return 15.75 g/t Au, compared to 16.02 g/t Au by PhotonAssay.

ALS Canada Ltd. is an accredited, independent commercial analytical firm registered to ISO/IEC 17025:2017 and ISO 9001:2015.

For further information please contact:
Nuvau Minerals Inc.
Peter van Alphen
President and CEO
Telephone: 416-525-6063
Email: pvanalphen@nuvauminerals.com

Cautionary Statements

This news release contains forward-looking statements and forward-looking information (collectively, ‘forward-looking statements’) within the meaning of applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as ‘may’, ‘should’, ‘anticipate’, ‘will’, ‘estimates’, ‘believes’, ‘intends’ ‘expects’ and similar expressions which are intended to identify forward-looking statements. More particularly and without limitation, this news release contains forward-looking statements concerning drill results relating to the Matagami Property, the results of the PEA, the potential of the Matagami Property, the timing and commencement of any production, the restart of the Bracemac-McLeod Mine, the completion of the earn-in of the Matagami Property and the timing and completion of any technical studies, feasibility studies or economic analyses. Forward-looking statements are inherently uncertain, and the actual performance may be affected by a number of material factors, assumptions and expectations, many of which are beyond the control of the Company, including expectations and assumptions concerning the Company and the Matagami Property. Readers are cautioned that assumptions used in the preparation of any forward-looking statements may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. Readers are further cautioned not to place undue reliance on any forward-looking statements, as such information, although considered reasonable by the management of the Company at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated.

The forward-looking statements contained in this news release are made as of the date of this news release, and are expressly qualified by the foregoing cautionary statement. Except as expressly required by securities law, neither the Company nor Nuvau undertakes any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

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Questcorp Mining Receives Permit Exemption for IP Survey at North Island Copper

Questcorp Mining Inc. (CSE: QQQ,OTC:QQCMF) (OTCQB: QQCMF) (FSE: D910) (the ‘Company’ or ‘Questcorp’) is pleased to announce it has received a permit exemption under the British Columbia Mines Act to undertake a 10 to 15 line km induced polarization (IP) survey at the Company’s 1,168 hectare North Island Copper project near Port Hardy on Vancouver Island, British Columbia.

Surface sampling and a preliminary 12.3-line km Induced Polarization (IP) survey in the 1990’s identified an interesting chargeability anomaly at the historic Marisa Zone that was followed up by a five hole, 376.43 diamond drilling program. Two of the five holes hit interesting copper values including down hole intervals of 0.078% copper over 56.39 metres in DDH92-01 and 0.041% copper over 70.71 metres in DDH92-03 in an altered quartz diorite. Copper grades were increasing with depth in DDH92-03. The Company plans to follow up these historic results.

‘NorthIsle Copper and Gold Inc. continues to produce excellent exploration results 15km to the west in the same belt of rocks that also hosts the past producing Island Copper Mine 7.5km to the southeast attesting to the tremendous exploration potential of the area’, commented Questcorp, President & CEO, Saf Dhillon. ‘The Marisa Zone displays a strong historic IP signature and anomaly carrying encouraging copper numbers from very limited drilling, begging for a second pass with modern geophysical equipment and processing,’ he concluded.

Questcorp has received quotes from three different geophysical contracting firms to update the 35 year old IP survey utilizing modern equipment and data processing. The Company is reviewing the quotes and plans to select the contractor shortly.

Questcorp cautions investors a Qualified Person has not verified the historical exploration data and further cautions, the presence of copper mineralization on the NorthIsle Copper and Gold and the BHP properties is not necessarily indicative of similar mineralization on the North Island Copper property.

The technical content of this news release has been reviewed and approved by R. Tim Henneberry’, P.Geo (BC) a Director of the Company and a Qualified Person under National Instrument 43-101.

About Questcorp Mining Inc.

Questcorp Mining 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-per-cent interest in and to mineral claims totalling 1,168.09 hectares comprising the North Island copper property, on Vancouver Island, B.C., subject to a royalty obligation. The company also holds an option to acquire an undivided 100-per-cent interest in and to mineral claims totalling 2,520.2 hectares comprising the La Union project located in Sonora, Mexico, subject to a royalty obligation.

ON BEHALF OF THE BOARD OF DIRECTORS,

Saf Dhillon
President & CEO

Questcorp Mining Inc.
saf@questcorpmining.ca
Tel. (604-484-3031)

Suite 550, 800 West Pender Street
Vancouver, British Columbia
V6C 2V6.

Certain statements in this news release are forward-looking statements, which reflect the expectations of management regarding completion of survey work at the North Island Copper project. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. Except as required by the securities disclosure laws and regulations applicable to the Company, the Company undertakes no obligation to update these forward-looking statements if management’s beliefs, estimates or opinions, or other factors, should change.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/264915

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