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FBI surges resources to Minnesota as Director Patel calls $250M fraud scheme ‘tip of a very large iceberg’

FBI Director Kash Patel said the agency has surged additional personnel and investigative resources to Minnesota as part of an ongoing effort to ‘dismantle large-scale fraud schemes exploiting federal programs.’

Patel said Sunday that the bureau moved resources into the state before recent online attention intensified, pointing to the Feeding Our Future investigation, which uncovered a $250 million scheme that siphoned federal food aid intended for children during the COVID-19 pandemic. 

The case has already resulted in 78 indictments and 57 convictions, with prosecutors also charging defendants in a separate plot to bribe a juror with $120,000 in cash, Patel said, adding that the investigation remains ongoing.

‘The FBI believes this is just the tip of a very large iceberg. We will continue to follow the money and protect children, and this investigation very much remains ongoing,’ he wrote on X. ‘Furthermore, many are also being referred to immigrations officials for possible further denaturalization and deportation proceedings where eligible.’

Patel’s announcement comes in the wake of a viral video posted on social media Friday by independent journalist Nick Shirley that highlighted alleged fraud involving Minnesota childcare and learning centers. 

In the video, many of the facilities appeared non-operational despite allegedly receiving millions of dollars in government aid.

Republican lawmakers, including House Majority Whip Tom Emmer, R-Minn., and Rep. Mike Lawler, R-N.Y., as well as Vice President JD Vance, have responded to the viral video, with Emmer accusing Gov. Tim Walz of sitting ‘idly by while billions were stolen from hardworking Minnesotans.’

Shirley’s video also follows a group of Minnesota state staff members who accused Walz in November of failing to act on widespread fraud warnings and retaliating against whistleblowers.

An X account calling itself Minnesota Staff Fraud Reporting Commentary, which says it consists of more than 480 Minnesota state staff members, wrote that Walz is ‘100% responsible for massive fraud in Minnesota.’

‘We let Tim Walz know of fraud early on, hoping for a partnership in stopping fraud but no, we got the opposite response. Tim Walz systematically retaliated against whistleblowers using monitoring, threats, repression, and did his best to discredit fraud reports,’ the group claimed. ‘In addition to retaliating against whistleblower[s], Tim Walz disempowered the Office of the Legislative Auditor, allowing agencies to disregard their audit findings and guidance.’

Walz addressed the fraud at a press conference in late November, saying it ‘undermines trust in government,’ and ‘undermines programs that are absolutely critical in improving quality of life.’

‘If you’re committing fraud, no matter where you come from, what you look like, what you believe, you are going to go to jail,’ he added.

The New York Times reported that what initially appeared to many Minnesotans as an isolated case of pandemic-era fraud has broadened into a much wider concern for state and federal officials.

The Times reported that over the past five years, according to law enforcement authorities, several fraud schemes proliferated in parts of Minnesota’s Somali community. A number of individuals allegedly created companies that billed state agencies for millions of dollars’ worth of social services that were never delivered.

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DAVID MARCUS: What the conservative think tank wars have to do with you

Generally speaking, nobody outside of Washington, D.C., brunch spots cares very much what happens at think tanks. But recent upheavals at the Heritage Foundation are not only making news, they are potentially framing what the Republican Party will look like after President Trump leaves office.

The current kerfuffle at Heritage, the nation’s leading conservative think tank, began on Oct. 30, when its president, Kevin Roberts, gave a speech defending Tucker Carlson for interviewing a snarky young Holocaust denier.

‘The Heritage Foundation didn’t become the intellectual backbone of the conservative movement by canceling our own people or policing the consciences of Christians, and we won’t start doing that now,’ Roberts said.

A pitter-patter of outraged resignations came almost immediately, even after Roberts apologized for his remarks, but last week, almost two months later, nearly an entire division of Heritage’s legal and economic experts jumped ship to former Vice President Mike Pence’s Advancing American Freedom (AAF).

The significant question in all of this is whether Roberts playing footsie with antisemites is the real or only reason why so many top experts joined the exodus to Pence’s outfit, and there is some reason to be dubious.

Take for example Trump’s zealous use of tariffs in international trade. This kind of protectionism is constitutionally anathema to exactly the type of conservative economist who prowled the halls of Heritage, but the think tank itself was standing by the president’s policies.

Add to this that Heritage seems to be leaning heavily into Vice President JD VanceJD Vance’s 2028 presidential ambitions, in fact Roberts’ original video may have been intended for the veep who is close with Carlson and has made fighting globalism and saving small industrial towns the centerpiece of his national message.

The problem is that most of the longtime Heritage economists really like globalism and think saving ‘Nowhere, Ohio’ from oblivion is a pipe dream. Now, they truly have no seat at the table, either at Heritage or in the Trump administration.

Such tensions also exist in foreign policy and immigration, and a cynic might suggest that the Heritage bleedout is just another example of conservatives with strong ideological differences from Trump deciding it’s no longer working to cozy up to him, and taking whatever current moral outrage is available as an offramp.

This is exactly what Pence did after the Capitol riots of Jan. 6, 2021, leading him to found AAF, which, by the way, is as anti-tariffs as the day is long.

In this fight for the soul of the Republican Party and conservative movement, both Heritage and AAF are redefining what a think tank is and what it does, in important ways.

Traditionally, wealthy donors would give money to guys with good hair to get elected and also fund bald guys at think tanks, who were rarely seen or heard from, to produce the actual policy. But voters have seen through this, leading the think tanks to more direct outreach to the public.

In the 2024 election, Heritage’s ‘Project 2025’ was a headline story for months, something completely unprecedented in the history of presidential politics for a think tank. Today, through moves such as hiring Moms for Liberty co-founder Tiffany Justice, Heritage is committing to more populism and activism and less back-room algebra.

AAF is starting to play this game too. The think tank put out a satirical X post comparing the flood of Heritage staffers coming their way to a college football team dominating in the transfer portal, another hint that more than moral outrage was at play here.

The headwind that AAF is likely to run into with conservative voters in their anti-populism efforts is that populism is popular, and globalism, along with many other core tenets of the pre-Trump GOP, isn’t.

The best chance for AAF, and it’s not a bad one, is to focus on lowering prices by lowering tariff. But a conservative think tank yelling that prices are too high while the GOP holds the White House and Congress is a nightmare for Republican midterm hopes.

The more vital question is what American voters want more, deeper discounts on foreign goods from China or functional communities where they can raise their families? For AAF to succeed it must address the latter, not just the former.

In Vance’s, and increasingly Heritage’s, vision of America, our small industrial towns see a revival through tariffs and foreign investment. In AAF’s vision, those towns may continue to wither, but Americans are free to move to where the jobs and abundance are.

Neither proponents of these visions can guarantee the success of their proposed programs, but the ‘save our towns’ side is currently in power and ascending. If AAF wants to change that, it needs more than moral outrage. It needs to convince Americans that globalism really wasn’t so bad, and that it is time to return to it.

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Trump, Zelenskyy say Ukraine peace deal close but ‘thorny issues’ remain after Florida talks

President Donald Trump said Sunday that peace talks to end the war in Ukraine are close to completion after a meeting in Florida with Ukrainian President Volodymyr Zelenskyy, with both leaders citing major progress on a 20-point plan while acknowledging unresolved disputes over territory, ceasefire terms and Ukrainian approval.

Trump and Zelenskyy spoke to reporters following their meeting at Mar-a-Lago, describing weeks of negotiations involving U.S., Ukrainian, European Union and NATO officials that have moved a potential peace framework close to the finish line, though several high-stakes issues remain unresolved.

Trump said negotiations have intensified over the past month and suggested discussions are far more advanced than at any previous point in the war, while cautioning that final agreements depend on resolving a small number of difficult questions.

‘We could be very close,’ Trump said. ‘There are one or two very thorny issues, very tough issues. But I think we’re doing very well. We made a lot of progress today, but really, we’ve made it over the last month. This is not a one-day process. It’s very complicated stuff.’

Zelenskyy echoed that assessment, confirming that negotiators have largely agreed on the framework of a deal and crediting sustained diplomacy across multiple international meetings leading up to the Florida talks.

He said negotiations have taken place over several weeks in cities including Geneva, Miami, Berlin and at Mar-a-Lago in Palm Beach, with American and Ukrainian teams working toward a shared peace framework.

‘We discussed all the aspects of the peace framework, which includes – and we have great achievements – a 20-point peace plan, 90% agreed,’ Zelenskyy said.

Both leaders said European and NATO officials were closely involved in the process, with a joint call held following the meeting that included senior leaders from across the continent and international institutions.

Zelenskyy said teams are expected to meet again in the coming weeks to finalize remaining issues and that Trump has agreed to potentially host further talks in Washington with European leaders and a Ukrainian delegation.

Despite the progress, territory – particularly the status of Donbas – remains one of the most difficult unresolved issues, with Trump and Zelenskyy acknowledging differing positions between Ukraine and Russia.

Trump suggested that time could be a critical factor in negotiations, warning that delays could result in further territorial losses as fighting continues.

‘Some of that land has been taken,’ Trump said. ‘Some of that land is maybe up for grabs, but it may be taken over the next period of a number of months. Are you better off making a deal now?’

Zelenskyy stressed that any final agreement would need to comply with Ukrainian law and reflect the will of the Ukrainian people, potentially requiring parliamentary approval or a national referendum.

‘Our society, too, has to choose and decide who has to vote, because it’s their land – the land not of one person,’ Zelenskyy said. ‘It’s the land of our nation for a lot of generations.’

Trump said polling shows strong public support for ending the war and reiterated his desire to bring the conflict to a close, citing the scale of casualties on both sides.

‘We want to see it ended,’ Trump said. ‘I want it ended because I don’t want to see so many people dying. We’re losing massive numbers of people – the biggest by far since World War II.’

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Marjorie Taylor Greene criticizes Trump’s meetings with Zelenskyy, Netanyahu: ‘Can we just do America?’

Rep. Marjorie Taylor Greene, R-Ga., on Sunday called for President Trump to only focus on America’s needs as the president meets with Ukrainian President Volodymyr Zelenskyy and Israeli Prime Minister Benjamin Netanyahu.

The president has been heavily involved in the Russia-Ukraine and Israel-Hamas conflicts since returning to the White House.

Trump met with Zelenskyy on Sunday at Mar-a-Lago to discuss a peace plan aimed at ending the Russia-Ukraine war that began with an invasion by Moscow in February 2022.

Netanyahu arrived in Florida on Sunday ahead of their scheduled meeting on Monday at Trump’s estate to address Israel’s conflicts in the Middle East. It will be the sixth meeting of the year between the two leaders.

Greene, responding to Trump’s meeting with Zelenskyy and Netanyahu, said that the Trump administration should address the needs of Americans rather than becoming further involved in global conflicts.

‘Zelensky today. Netanyahu tomorrow,’ she wrote on X.

‘Can we just do America?’ the congresswoman continued.

The congresswoman has been a vocal critic of supplying U.S. military aid to foreign countries amid the conflicts in Europe and the Middle East.

She has also referred to Zelenskyy as ‘a dictator who canceled elections’ and labeled Israel’s military campaign in Gaza as a genocide and humanitarian crisis.

This comes after Taylor Greene, who is set to resign from the House in January, had a public spat with Trump over the past few months as Trump took issue with the Georgia Republican’s push to release documents related to the investigations into deceased sex predator Jeffrey Epstein.

Trump had withdrawn his endorsement of Greene and called her a ‘traitor’ over the public feud.

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From Gaza to Iran: What’s at stake in Trump-Netanyahu Mar-a-Lago talks?

President Donald Trump is scheduled to meet with Israeli Prime Minister Benjamin Netanyahu at Mar-a-Lago on Monday afternoon, with talks expected to focus on renewed tensions with Iran and the possibility of advancing to additional stages of the Gaza peace plan.

Before meeting with the president, Netanyahu is slated to meet with Secretary of State Marco Rubio on Monday morning.

Dr. Dan Diker, president of the Jerusalem Center for Security and Foreign Affairs, told Fox News Digital that President Trump has likely been pressuring Netanyahu since the peace plan’s implementation, noting that the American leader has little patience for Middle Eastern timelines, which he said are far longer than those in the U.S. and the real estate sector.

‘The problem is that Hamas knows all it has to do is survive and continue controlling the western part of Gaza while attacking Israel, as it has been doing from Gaza’s tunnel network, in order to ratchet up tensions between Israel and the U.S.,’ Diker said.

Netanyahu’s mission during the visit, he continued, will be first to lay out Israel’s threat assessment regarding Iran, Hezbollah and Hamas as extremely serious, and to impress upon the president that Tehran is rebuilding its military capabilities. He is also likely to seek to persuade Trump to allow Israel to take the steps it deems necessary to defeat Hamas.

Israeli opposition leader and former prime minister Yair Lapid told Fox News Digital that ‘We [Israel] should be coordinating with President Trump on all the major fronts, but the top priority has to be the management of stage two in Gaza.’

Lapid added, ‘Israel needs to achieve the disarmament of Hamas and the removal of the threat from Gaza, and that requires the implementation of President Trump’s plan.’

During the meeting, Netanyahu will reportedly present Trump with plans for a potential strike on Iran. Israel has warned Washington that a recent Iranian Revolutionary Guard Corps missile drill could be masking preparations for an attack, a concern that IDF Chief of Staff Lt. Gen. Eyal Zamir conveyed to U.S. Central Command chief Adm. Brad Cooper during recent meetings in Tel Aviv.

In a Saturday interview reported by the country’s media, Iranian President Masoud Pezeshkian said his country is engaged in what he described as a ‘total war‘ with the U.S., Israel and Europe. The Times of Israel reported him saying, ‘In my opinion, we are at total war with the United States, Israel and Europe,’ Pezeshkian said. ‘They want to bring our country to its knees.’

Axios reported that U.S. intelligence assesses there is no immediate threat, while Israeli defense officials say forces remain on heightened alert.

According to Dr. Meir Javedanfar, a lecturer on Iran and the Middle East at Reichman University, Netanyahu’s plan is expected to call for strikes on Iran’s missile program.

‘Israel will probably hope that such a wide-scale attack would further undermine the legitimacy of Iran’s supreme leader, thereby creating greater political instability within the country. This is especially true given that after the recent war with Israel, Iran’s economy has deteriorated significantly, and the regime is not taking the necessary steps to address these problems,’ he said.

Israeli Minister for Settlement and National Missions Orit Strook stressed the importance of completing full Gaza demilitarization before moving forward with further stages of the plan.

She referenced Trump’s address to the Israeli Knesset in October, noting that he highlighted his role in building international support for Gaza’s demilitarization and securing a U.N. Security Council resolution calling for the full dismantling of weapons, tunnels and terror infrastructure.

‘Hamas wakes up every day with a mission to hurt us,’ Strook told Fox News Digital. ‘The IDF will not withdraw even one meter, and no rehabilitation framework will be established until full demilitarization is completed.

‘If, God forbid, the opposite happens in the meeting, it will be a failure of the peace plan, a failure for Trump himself — who would be settling for fake demilitarization— and a failure for us. We will not be able to say that we won this war if Hamas remains armed,’ she added.

Trump is nevertheless expected to soon unveil the second stage of his Gaza framework, despite Hamas’s failure to return the remains of Israel Police Master Sgt. Ran Gvili, who was killed during the Oct. 7, 2023 massacre, and whose body was taken to Gaza by Hamas terrorists.

Fox News Digital’s Sophia Compton contributed to this report.

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International Lithium Corp. Updates on Lepidico Arbitration Determination

International Lithium Corp. (TSXV: ILC,OTC:ILHMF) (OTCQB: ILHMF) (FSE: IAH) (the ‘Company’ or ‘ILC’) announces that on December 24, 2025, it received the arbitration determination for Lepidico’s dispute with Jiangxi Jinhui Lithium Co., Ltd. (‘Jinhui’) in China. Lepidico Chemicals Namibia (Pty) Ltd (‘Lepidico Namibia’) was the party involved in the arbitration. The dispute dates back to events prior to Lepidico’s acquisition of TSXV-quoted Desert Lion Energy Inc. in 2019.

ILC structured the deal announced on September 9, 2025, to buy Lepidico Mauritius as an option precisely because it wanted to wait and see the outcome of the arbitration decision. Lepidico Mauritius owns 80% of Lepidico Namibia, which, in turn, owns the entire Karibib Lithium, Rubidium and Cesium project (the ‘Karibib Project’).

The arbitration took place at the Singapore International Arbitration Centre (‘SIAC’) as provided for in the contract between the parties. It is understood that the case was referred to arbitration at the direction of the State Administration of Foreign Exchange (‘SAFE’), a Chinese state body and regulator under the People’s Bank of China. The contract between the parties was under Ontario law. There were no Canadians on the arbitration tribunal. A tribunal of three arbitrators was appointed. The presiding arbitrator and a co-arbitrator were both Professors who are nationals of and resident in China; the second co-arbitrator was a Singapore national. The arbitration determination was issued in Chinese, with an English translation. This differs from the Singapore court system, where all proceedings and judgments are conducted in English.

The outcome was unfavourable to Lepidico Namibia and resulted in a determination in favour of Jinhui.

ILC currently holds an option, is a secured creditor, and believes in the future of the Karibib Project. ILC’s board is considering various courses of action and expects to make further announcements in due course.

About International Lithium Corp.

International Lithium Corp. has exploration activities in Ontario, Canada, with intentions to expand into Southern Africa. It has projects at various stages, ranging from Definitive Feasibility Study at Rubicon in Namibia (note that ILC currently has an option only and is treating this as historic information at this point and not a current resource for ILC) to Preliminary Economic Assessment at Raleigh Lake to Pre-Drilling at Wolf Ridge. The primary target metals in Canada are lithium, rubidium and copper. There are three projects (two in Ontario and one in Ireland) in which ILC has sold its share, but where the Company stands to receive future payments from either a resource milestone being achieved or from a Net Smelter Royalty. In Namibia the Karibib project contains lithium, rubidium and cesium.

While the world’s politicians remain divided on the future of the energy market’s historic dependence on oil and gas and on ‘Net Zero’, there is in any scenario an ever-increasing and significant demand for electricity driven by AI and data centres, and by a likely unstoppable momentum towards electric vehicles and grid-scale electricity storage. All of these contribute to rising demand for lithium, copper, and other metals. Rubidium is also a critical metal, strategic for high-precision clocks, space technology, and improving the performance of certain types of solar panels. ILC has seen the politically driven, increasingly urgent push by the USA, Canada, the EU, and other major economies to safeguard their supplies of critical minerals and to become more self-sufficient. The Company’s Canadian and Southern African projects, which contain lithium, rubidium, cesium and copper, are strategic in this regard.

The Company’s key mission for the next decade is to generate revenue for its shareholders from lithium and other critical minerals while also contributing to the creation of a greener, cleaner planet and less polluted cities.

This includes optimizing the value of ILC’s existing projects in Canada as well as finding, exploring and developing projects that have the potential to become world-class deposits. The Company announced that it regards Southern Africa as a key strategic target market and, in addition to Namibia, it has applied for and hopes to receive EPOs in Zimbabwe. The board hopes to make further announcements on the portfolio developments over the next few weeks and months.

The Company’s interests in various projects now consist of the following, and in addition, the Company continues to seek other opportunities:

Name Metal Location Stage Area in Hectares Current Ownership Percentage Future Ownership % if options exercised and/or residual interest Operator or JV Partner
Raleigh Lake Lithium
Rubidium		 Ontario Dec 2023 : PEA for Li completed Apr 2023 Maiden Resource Estimates for Li and Rb 32,900 100% 100% ILC
Rubicon + Helikon + Exclusive Prospecting Licence Lithium
Rubidium
Cesium		 Karibib, Namibia 2021 : Feasibility Study completed for Li, Rb and Cs under JORC 29,500 0 % 80% Lepidico; ILC if option exercised
Firesteel Copper, Cobalt Ontario Initial Drilling 6,600 90% 90% ILC
Wolf Ridge Lithium Ontario Pre-Drilling 5,700 0% 100% ILC
Mavis Lake Lithium Ontario May 2023
Maiden Resource Estimate		 2,600 0% 0%
(carries an extra earn-in payment of AUD$ 0.75 million if resource targets met)		 Critical Resources Limited (ASX:CRR)
Avalonia Lithium Ireland Drilling 29,200 0% 0%
2.0% Net Smelter Royalty		 GFL Intl Co Ltd. (owned by Ganfeng Lithium Group Co. Ltd)
Forgan/
Lucky Lakes 		Lithium Ontario Drilling < 500 0% 0%
1.5% Net Smelter Royalty		 Power Minerals Limited (ASX:PNN)

 

The Company’s primary strategic focus at this point is on the Raleigh Lake Project, comprising lithium and rubidium, and the Firesteel copper project in Canada, as well as obtaining EPOs and mineral claims in Zimbabwe. The Karibib projects in Namibia, including further development of the EPL there, will be a high priority if ILC decides to remain involved.

The Raleigh Lake Project now encompasses 32,900 hectares (329 square kilometres) of mineral claims in Ontario and represents ILC’s most significant project in Canada. To date, drilling has occurred on less than 1,000 hectares of the Company’s claims. A Preliminary Economic Assessment was published for ILC’s lithium at Raleigh Lake in December 2023, with a detailed economic analysis of ILC’s separate rubidium resource still pending. Raleigh Lake is 100% owned by ILC, free from any encumbrances and royalties. The Raleigh Lake Project boasts excellent access to roads, rail, and utilities.

A continuing goal has been to remain a well-funded, strategically run company that turns ILC’s aspirations into reality. Following the disposal of the Mariana project in Argentina in 2021, the Mavis Lake project in Canada in 2022, and the Avalonia project in 2025, ILC has continued to generate sufficient cash inflows to advance its exploration projects.

With increasing demand for high-tech rechargeable batteries used in electric vehicles, energy storage, and portable electronics, lithium has been dubbed ‘the new oil’. It is a key part of a green, sustainable economy. By positioning itself on projects with significant resource potential and solid strategic partners, ILC aims to become a preferred lithium and critical minerals resource developer for investors and to continue building value for its shareholders throughout the 2020s, the decade of battery metals.

On behalf of the Company,

John Wisbey
Chairman and CEO
www.internationallithium.ca

For further information concerning this news release, please contact info@internationallithium.ca or ILC@yellowjerseypr.com.

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

Cautionary Statement Regarding Forward-Looking Information

Except for statements of historical fact, this news release or other releases contain certain ‘forward-looking information’ within the meaning of applicable securities law. Forward-looking information or forward-looking statements in this or other news releases may include: the timing of completion of any offering and the amount to be raised, the likelihood or otherwise of the Company exercising its option on Lepidico Mauritius, the outcome of arbitration and resulting actions and negotiations involving Lepidico Namibia and its stakeholders, the effect of results of anticipated production rates, the timing and/or anticipated results of drilling on the Raleigh Lake or Karibib or Firesteel or Wolf Ridge projects, the expectation of resource estimates, preliminary economic assessments, feasibility studies, the ability to renew mining licences or claims, lithium or rubidium or cesium or copper recoveries, modeling of capital and operating costs, results of studies utilizing various technologies at the company’s projects, the Company’s budgeted expenditures, future plans for expansion in Southern Africa and planned exploration work on its projects, increased value of shareholder investments in the Company, the potential from the Company’s third party earn-out or royalty arrangements, the future demand for lithium, rubidium, cesium and copper, and assumptions about ethical behaviour by our joint venture partners or third party operators of projects or royalty partners. Such forward-looking information is based on assumptions and subject to a variety of risks and uncertainties, including but not limited to those discussed in the sections entitled ‘Risks’ and ‘Forward-Looking Statements’ in the interim and annual Management’s Discussion and Analysis which are available at www.sedarplus.ca. While management believes that the assumptions made are reasonable, there can be no assurance that forward-looking statements will prove to be accurate. Should one or more of the risks, uncertainties or other factors materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking information. Forward-looking information herein, and all subsequent written and oral forward-looking information are based on expectations, estimates and opinions of management on the dates they are made that, while considered reasonable by the Company as of the time of such statements, are subject to significant business, economic, legislative, and competitive uncertainties and contingencies. These estimates and assumptions may prove to be incorrect and are expressly qualified in their entirety by this cautionary statement. Except as required by law, the Company assumes no obligation to update forward-looking information should circumstances or management’s estimates or opinions change.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/279116

News Provided by Newsfile via QuoteMedia

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Apollo Silver Announces $2.5 Million Upsize to Previously Announced Financing to Allow for Insider Participation

Apollo Silver Corp. (‘Apollo Silver’ or the ‘Company’) (TSX.V:APGO, OTCQB:APGOF, Frankfurt:6ZF) is pleased to announce that it has upsized its previously announced non-brokered private placement by an additional $2,500,000, to be subscribed for primarily by insiders of the Company, for total aggregate gross proceeds of up to $27,500,000, through the issuance of up to 5,500,000 units (the ‘Units’) at a price of $5.00 per Unit (the ‘Upsized Offering’).

As previously announced, Mr. Eric Sprott and a fund managed by Jupiter Asset Management (the ‘Jupiter Fund‘), Apollo Silver’s two largest shareholders, are participating in the Upsized Offering, and will each subscribe for 2,500,000 Units of the Company, for combined gross proceeds of $25,000,000. Following completion of the Upsized Offering, the Jupiter Fund will own approximately 12% of Apollo Silver’s issued and outstanding common shares, while Eric Sprott will own approximately 9.5%, on an undiluted basis. On a partially diluted basis, each investor’s ownership interest will increase accordingly.

Each Unit issued pursuant to the Upsized Offering will consist of one common share (a ‘Share‘) in the capital of the Company and one common Share purchase warrant (a ‘Warrant‘). Each Warrant entitles the holder thereof to purchase one Share at an exercise price of $7.00 for 24 months from the closing date of the Upsized Offering.

All securities issued in connection with the Upsized Offering will be subject to a four-month hold period from the date of closing. Finder’s fees may be payable on some or all of the funds raised, in accordance with the policies of the TSX Venture Exchange (the ‘TSXV‘). The Company intends to use the net proceeds from the Upsized Offering to fund exploration and development activities across the Company’s projects, as well as for general working capital and corporate purposes.

Closing of the Upsized Offering is subject to regulatory approval, including that of the TSXV.

The Upsized Offering is expected to include participation by certain insiders of the Company for an aggregate amount of up to $2,500,000. Such participation constitutes a ‘related party transaction’ under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (‘MI 61-101’). The issuance of securities to insiders will be exempt from the valuation requirement pursuant to section 5.5(b) of MI 61-101, as the Company’s shares are not listed on a specified market, and from the minority shareholder approval requirement pursuant to section 5.7(a) of MI 61-101, as the fair market value of the securities issued to related parties will not exceed twenty-five percent of the Company’s market capitalization.

The Shares have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the ‘U.S. Securities Act‘), or any U.S. state securities laws, and may not be offered or sold in the United States without registration under the U.S. Securities Act and all applicable state securities laws or compliance with the requirements of an applicable exemption therefrom. This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

About Apollo Silver Corp.

Apollo Silver is advancing one of the largest undeveloped primary silver projects in the US. The Calico project hosts a large, bulk minable silver deposit with significant barite credits – a critical mineral essential to the US energy and medical sectors. The Company also holds an option on the Cinco de Mayo Project in Chihuahua, Mexico, which is host to a major carbonate replacement (CRD) deposit that is both high-grade and large tonnage. Led by an experienced and award-winning management team, Apollo Silver is well positioned to advance the assets and deliver value through exploration and development.

Please visit www.apollosilver.com for further information.

ON BEHALF OF THE BOARD OF DIRECTORS

Ross McElroy
President and CEO

For further information, please contact:

Email: info@apollosilver.com

Telephone: +1 (604) 428-6128

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

Cautionary Statement Regarding ‘Forward-Looking’ Information

This news release includes ‘forward-looking statements’ and ‘forward-looking information’ within the meaning of Canadian securities legislation. All statements included in this news release, other than statements of historical fact, are forward-looking statements including, without limitation, statements with respect to the expected timing for completion of the Upsized Offering, and the intended use of proceeds from the Upsized Offering. Forward-looking statements include predictions, projections and forecasts and are often, but not always, identified by the use of words such as ‘anticipate’, ‘believe’, ‘plan’, ‘estimate’, ‘expect’, ‘potential’, ‘target’, ‘budget’ and ‘intend’ and statements that an event or result ‘may’, ‘will’, ‘should’, ‘could’ or ‘might’ occur or be achieved and other similar expressions and includes the negatives thereof.

Forward-looking statements are based on the reasonable assumptions, estimates, analysis, and opinions of the management of the Company made in light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that management of the Company believes to be relevant and reasonable in the circumstances at the date that such statements are made. Forward-looking information is based on reasonable assumptions that have been made by the Company as at the date of such information and is subject to known and unknown risks, uncertainties and other factors that may have caused actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: risks associated with mineral exploration and development; metal and mineral prices; availability of capital; accuracy of the Company’s projections and estimates; realization of mineral resource estimates, interest and exchange rates; competition; stock price fluctuations; availability of drilling equipment and access; actual results of current exploration activities; government regulation; political or economic developments; environmental risks; insurance risks; capital expenditures; operating or technical difficulties in connection with development activities; personnel relations; and changes in Project parameters as plans continue to be refined. Forward-looking statements are based on assumptions management believes to be reasonable, including but not limited to the price of silver, gold and barite; the demand for silver, gold and barite; the ability to carry on exploration and development activities; the timely receipt of any required approvals; the ability to obtain qualified personnel, equipment and services in a timely and cost-efficient manner; the ability to operate in a safe, efficient and effective matter; and the regulatory framework regarding environmental matters, and such other assumptions and factors as set out herein. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate and actual results, and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward looking information contained herein, except in accordance with applicable securities laws. The forward-looking information contained herein is presented for the purpose of assisting investors in understanding the Company’s expected financial and operational performance and the Company’s plans and objectives and may not be appropriate for other purposes. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

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Nine Mile Metals Announces Certified High-Grade Assay Results up to 15.00% Copper from the Wedge Project, Bathurst, New Brunswick

Nine Mile Metals LTD. (CSE: NINE,OTC:VMSXF) (OTC Pink: VMSXF) (FSE: KQ9) (the ‘Company’ or ‘Nine Mile’) is pleased to announce Certified Assay results for volcanogenic massive sulphide (VMS) mineralization collected from the pre-drill area on the Wedge VMS Project, in the world-famous Bathurst Mining Camp (BMC), New Brunswick, Canada.

TABLE 1: ACTLABS CERTIFIED ASSAY RESULTS:

Sample # Cu Pb Zn Au Ag Cu Eq
% % % g/t g/t %
280447 10.90 0.02 0.04 0.17 6.00 11.22
280448 9.95 0.03 0.03 0.24 6.20 10.36
280449 9.11 0.04 0.49 0.31 6.90 9.73
280450 10.20 0.12 0.44 0.18 7.70 10.68
280451 10.60 0.05 0.24 0.19 7.60 11.02
280452 10.10 0.41 0.76 0.24 11.60 10.86
280453 0.48 0.01 0.01 0.12 1.20 0.65
280454 2.31 0.19 0.45 0.26 3.50 2.83
280455 0.10 0.01 0.01 0.09 0.80 0.23
280456 10.20 0.05 0.34 0.19 6.40 10.64
280457 10.10 0.04 0.39 0.17 5.70 10.51
280458 3.09 0.39 1.42 0.32 5.50 4.00
280459 2.40 1.76 2.17 0.29 22.70 4.00
280460 15.00 0.05 0.11 0.71 42.00 16.64
280461 13.30 0.07 0.09 0.58 25.70 14.49
280462 14.20 0.04 0.12 0.21 48.10 15.37
280463 13.30 0.07 0.10 0.52 29.50 14.49
280464 13.70 0.06 0.11 0.25 30.90 14.60
280465 0.33 0.01 0.02 0.12 1.70 0.51
280466 0.09 0.01 0.02 0.12 1.20 0.26

 

The assays were shipped to ActLabs in Fredericton, New Brunswick for preparation with final analysis of pulps conducted in Ancaster, Ontario. The primary analytical method for the Wedge samples is UT-7, multi-element Peroxide ‘Total’ Fusion (ICP-OES+MS). When overlimit results are returned, ore grade analysis is triggered and conducted utilizing Code 8-AR-ICP-OES. Gold analysis is treated separately by 30g Fire Assay and AA finish, method 1A2. Ag is also treated separately by method 1E Ag. QA /QC controls involve inserting standards in the samples stream at set intervals.

Samples 280461 through 280464 below (Figure 1) are examples of the massive Hi-Grade Copper sulphide mineralization (Chalcopyrite). Covellite is also clearly seen in sample #280461 and #280463, as a dark blue cast in colour. The samples were collected in the area highlighted in Figure 2, immediately to the west of the footings for the old hoist and the remains of the shaft. These are well-known landmarks.

FIGURE 1: HIGHLIGHTED SAMPLES

SAMPLE #280461 (14.49% CU-EQ) 

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7335/279109_463894d78493091f_002full.jpg 

SAMPLE #280462 (15.37% CU-EQ)

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7335/279109_463894d78493091f_003full.jpg

SAMPLE #280463 (14.49% CU-EQ)

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7335/279109_463894d78493091f_004full.jpg

 

 SAMPLE #280464 (14.60% CU-EQ)

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7335/279109_463894d78493091f_005full.jpg

FIGURE 2: 2025 SAMPLE AREA

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7335/279109_463894d78493091f_006full.jpg

Gary Lohman, Director, P.Geo., VP Exploration, stated, ‘The mineralization is massive in character, fine grained, with basic Fe (Pyrite) and Cu sulphides (Chalcopyrite – Covellite), mineralogy as we have seen in recent drilling. Visible covellite (CuS) was locally present, adding a high grade component to the system. Again, these values explain what we are seeing in our drill core from our first 3 holes. (WD-25-01 & WD-25-02 & WD-25-02B). We are extremely encouraged and look forward to the WD-25-01 Certified Drill Core Assay Results.’

Patrick J. Cruickshank, MBA, CEO & Director, stated, ‘Our current Wedge Program continues to demonstrate the high-grade quality of the sampling of this deposit. These results are simply outstanding. Our current Drill Program was designed with this quality of mineralization below and I believe our 1st (3) announced drill holes clearly demonstrates this success. This is definitely a special copper rich deposit. We look forward to sharing our summary of our next drill hole in our program.’

Qualified Person 

The technical content of this news release pertaining to the Wedge Project was reviewed and approved by Gary Lohman, P.Geo., a non-independent qualified person as defined by National Instrument 43-101.

Copper Equivalent (Cu-Eq) for these surface grab samples is calculated based on December 16, 2025, pricing: US$ 5.35/lb Cu, US$ 0.88/lb Pb, US$ 1.37/lb Zn, US$ 67.10/oz Ag, and US$ 4337.70/oz Au, with 80% metallurgical recoveries assumed for all metals. Since it is unclear which metals will be the principal products, assuming different recoveries is premature at this stage. Therefore, an 80% recovery rate is justified.

About Nine Mile Metals Ltd.:

Nine Mile Metals Ltd. is a Canadian public mineral exploration company focused on VMS (Cu, Pb, Zn, Ag and Au) exploration in the world-famous Bathurst Mining Camp, New Brunswick, Canada. The Company’s primary business objective is to explore its four VMS Projects: Nine Mile Brook VMS Project; California Lake VMS Project; and the Canoe Landing Lake (East – West) Project and the Wedge VMS Project. The Company is focused on exploration of Minerals for Technology (MFT), positioning for the boom in EV and green technologies requiring Copper, Silver, Lead and Zinc with a hedge with Gold.

ON BEHALF OF Nine Mile Metals LTD.,

‘Patrick J. Cruickshank, MBA’
CEO and Director
T: 506-804-6117
E: patrick@ninemilemetals.com

Forward-Looking Information:

This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business of Nine Mile. Forward-looking information is based on certain key expectations and assumptions made by the management of Nine Mile. In some cases, you can identify forward-looking statements by the use of words such as ‘will,’ ‘may,’ ‘would,’ ‘expect,’ ‘intend,’ ‘plan,’ ‘seek,’ ‘anticipate,’ ‘believe,’ ‘estimate,’ ‘predict,’ ‘potential,’ ‘continue,’ ‘likely,’ ‘could’ and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Forward-looking statements in this press release include that (a) prior to commencing the 2023 exploration drill program, the ground will be mapped at surface and representative samples analyzed to determine the base and precious metal assay values , (b) the Ag and Au values will be reported upon receipt of the certified assay results from ALS Global, and (c) our current financial raise will enable us to drill the Wedge Project (along with our Canoe Landing VMS Project and follow up exploration work on our California Lake VMS Project) this season as opposed to next year. Although Nine Mile believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because Nine Mile can give no assurance that they will prove to be correct.

The Canadian Securities Exchange (CSE) has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this release.

The Canadian Venture Building, 82 Richmond Street East, Toronto, ON M5C 1P1 (T) 506-804-6117

www.ninemilemetals.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/279109

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Most shocking examples of Chinese espionage uncovered by the US this year: ‘Just the tip of the iceberg’

This year has had no shortage of alarming Chinese espionage efforts targeting the United States that were uncovered by government officials.

2025 saw the conviction of a former active-duty military member accused of selling Navy secrets to Chinese intelligence, the arrests of Chinese nationals accused of trying to recruit active-duty service members as intelligence assets and smuggle dangerous toxins into the United States, the disruption of a Chinese ‘Hacker-for-Hire’ ecosystem, and more.

‘President Trump is not afraid of the Chinese,’ Gatestone Institute senior Fellow Gordon Chang said on Fox Business’ ‘Mornings with Maria’ following a new arms sale to Taiwan. However, Chang lamented that Trump was ambivalent to the ‘information war’ with China, noting that ‘the Chinese are able to tar him and tell the rest of the world that Trump is afraid of the Chinese … but when you look at the reality, President Trump is going after China across the board,’ Chang argued.

One of the alarming Chinese espionage headlines to hit the news this year was an effort by several Chinese nationals to smuggle a pathogen described by the government as a ‘potential agroterrorism weapon’ into the United States in 2024. A complaint against the suspects was unsealed by federal officials this year, leading the case to make headlines nationwide. 

One of those individuals complicit in the case, Yunqing Jian, 33, a citizen of the People’s Republic of China and a researcher employed at the University of Michigan, was allegedly receiving money from the Chinese government for her work on the pathogen the suspects were trying to smuggle. Meanwhile, her boyfriend, who worked at a Chinese university conducting research on that same pathogen, initially lied but then admitted to smuggling it through the Detroit airport so it could be taken to the University of Michigan laboratory where his girlfriend worked.

Jian eventually pleaded guilty. She was later sentenced to time served and then deported back to China. Her boyfriend was immediately deported to China when he was caught at the Detroit airport trying to bring the toxin into the United States.  

Just this month, a separate Chinese researcher from Indiana University was also accused by the Federal Bureau of Investigation (FBI) of trying to smuggle a dangerous toxin into the country, this time Escherichia coli (E. coli). The FBI identified the smuggling suspect as post-doctoral researcher Youhuang Xiang, who also allegedly made false statements to law enforcement.

Federal officials have disrupted Chinese intelligence efforts to recruit assets in the United States this year as well, according to Justice Department communications.

In July, federal officials disrupted a ‘Clandestine PRC Ministry of State Security Intelligence Network’ that was operating in the United States and was attempting to bribe active-duty soldiers with thousands in cash to work for them as assets. 

The following month, in a separate case, a federal jury convicted former Navy sailor, Jinchao Wei, also known as Patrick Wei, who was caught trying to sell military secrets to a Chinese intelligence officer for $12,000.

Hacking was a big part of Chinese espionage efforts in 2025 too. 

A major Chinese-linked hacking threat referred to as ‘Salt Typhoon’ was reported this year to have launched an attack compromising at least 200 American companies as part of its broader efforts that have included gaining access to law enforcement wiretapping mechanisms and information on members of Congress, according to the top cyber chief at the FBI. Critical infrastructure manufacturers like AT&T, Verizon, Charter Communications, and others have reportedly been exposed by the group, which was first uncovered publicly in 2024 but whose efforts have dated back several years.

Earlier this year, in March, the Department of Justice also announced that federal officials had disrupted a ‘Hacker-for-Hire Ecosystem’ operating out of China at the direction of Chinese intelligence officers as well. These malicious actors worked for private companies and as contractors in China, which was intended to hack and steal information in a way that would obscure the Chinese government’s involvement, the DOJ said.

China’s increasing acquisition of farmland in the United States has been of growing concern during 2025 as well, with Chinese-linked entities buying up land near military bases, including a trailer park near Missouri’s Whiteman Air Force Base. 

‘From smuggling crop-killing pathogens and E. Coli into the United States, to conspicuously purchasing a trailer park that shares a fence with America’s entire B-2 bomber fleet and selling ‘green’ tech devices that spread kill switches across our electrical grid, Communist China seeks to harm the American homeland,’ Michael Lucci, a China-hawk and the founder of State Armor Action, a conservative group with a mission to develop and enact state-level solutions to global security threats such as those emanating from China.

‘Furthermore, these events are just the tip of the iceberg,’ Lucci continued. ‘Lawmakers across the country must accelerate action to shield Americans from CCP influence, espionage, and sabotage. Communist China treats the United States as an enemy, and it is past time we recognize the CCP party-state always and everywhere chooses conflict with the United States.’

Fox News Digital’s Rachel Wolf contributed to this report.

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