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President Donald Trump said he would ‘love’ to run against former President Barack Obama in a hypothetical third-term run for the presidency that he has floated in recent days. 

‘I know it’s hypothetical right now, but if you were allowed for some reason to run for a third term, is there a thought that the Democrats could try to run Barack Obama against you?’ Fox News’ Peter Doocy asked Trump on Monday evening from the Oval Office. 

‘I’d love that,’ Trump responded. ‘I’d love that …. That would be a good one. I’d like that. And no, people are asking me to run, and there’s a whole story about running for a third term. I don’t know, I never looked into it. They do say there’s a way you can do it, but I don’t know about that.’

Trump said that he has not looked into the potential legal avenues of running for a third presidency, saying he has nearly four years left of his term and is focused on doing a ‘fantastic job.’

The 22nd Amendment to the Constitution, which was ratified in 1951, prevents presidents from serving more than two terms. The amendment was ratified after President Franklin Delano Roosevelt was elected as president for four terms. 

Roosevelt died during his fourth term and Vice President Harry Truman assumed the presidency. FDR is the only president in the nation’s history who has been elected and served more than two terms, which was largely due to the political and economic climate at home and abroad, with his presidency unfolding amid the Great Depression and the beginning of World War II. 

Trump teased he might run for a third term in an interview with NBC News on Sunday, saying he is ‘not joking’ about making another run for the Oval Office and enjoys working. 

‘There are methods which you could do it,’ Trump said when asked about how he could go about running for a third term. NBC News floated a possible method during the interview where Vice President JD Vance could run for the presidency, win and pass the torch to Trump. The president said such a scenario is one of the methods he could use to serve a third term. 

‘It is far too early to think about it,’ he added of another potential run. 

This post appeared first on FOX NEWS

President Donald Trump signed an executive order to protect Americans from ‘exploitive ticket scalping’ in the concert and entertainment industry, Fox News Digital has learned. 

The president signed the order Monday evening in the Oval Office. Kid Rock joined the president for the signing ceremony. 

The president’s executive order directs the Federal Trade Commission to work with the attorney general to ensure that competition laws are enforced in the concert and entertainment industry. 

The order also enforces the Better Online Ticket Sales (BOTS) act and promote its enforcement by state consumer protection authorities. 

The president’s order also ensures price transparency at all stages of the ticket-purchasing process, including through the secondary ticketing market; and will evaluate, and, if appropriate, take enforcement action to prevent ‘unfair, deceptive, and anti-competitive conduct’ in the secondary ticketing market.

The president’s order also directs the attorney general and Treasury secretary to ensure that ticket scalpers are operating in full compliance with the Internal Revenue Code and other laws. 

Under the order, the Treasury Department, DOJ, and the FTC will deliver a report within 180 days summarizing the actions taken to address the issue of unfair practices in live concert and entertainment industry and will recommend additional regulations or legislation needed to protect consumers. 

The order comes after President Trump, on the campaign trail, vowed to work to combat high ticket prices. While campaigning, the president described the current system where fans are priced out as ‘very unfortunate.’ 

A White House official told Fox News Digital that the president is ‘committed to making arts and entertainment that enrich Americans’ lives as accessible as possible.’ 

The official said that America’s live concert and entertainment industry has a total nationwide economic impact of $132.6 billion and supports 913,000 jobs. 

‘But it has become blighted by unscrupulous middle-men who impose egregious fees on fans with no benefit to artists,’ a White House official said. 

‘Ticket scalpers use bots and other unfair means to acquire large quantities of face-value tickets, then re-sell them at an enormous markup on the secondary market, price-gouging consumers and depriving fans of the opportunity to see their favorite artists without incurring extraordinary expenses,’ a White House official said. ‘By some reports, fans have paid as much as 70 times the face value of a ticket price to obtain a ticket.’ 

The official added that when this occurs, the artists ‘do not receive any additional profit—it goes solely to the scalper and the ticketing agency.’ 

‘Anyone who’s bought a concert ticket in the last decade, maybe 20 years, no matter what your politics are, knows it is a conundrum,’ Kid Rock said Monday. ‘If you buy a ticket for 100 bucks by the time you check it out, it’s 170. You don’t know what you can charge for it, but more importantly, these bots you know, they come in to get all the good tickets to your favorite shows you want to go to, and then they’re relisted immediately for sometimes a 4 or 500% markup.’ 

Kid Rock explained that the artists ‘don’t see any of that money.’ 

President Trump, upon signing the order, said that the move is ‘a big step to getting this stopped.’ 

In a statement late Monday, Live Nation said it supports the president’s action: ”Scalpers and bots prevent fans from getting tickets at the prices artists set, and we thank President Trump for taking them head-on. We support any meaningful resale reforms — including more enforcement of the BOTS act, caps on resale prices, and more.’

Live Nation CEO Michael Rapino posted on X, thanking President Trump and Kid Rock for ‘taking ticket-scalping head on.’

This post appeared first on FOX NEWS

President Trump stirs up controversy, by design, on just about everything.

And when the media, including me, cover this flood-the-zone approach, Trumpian allies rip the resulting stories and segments as reflecting an unhealthy negative obsession with the president.

Memo to the pro-Trump zealots who go online and declare I hate the president, that’s objectively ridiculous. He was pleased with the two interviews I did with him during the campaign, and I was just over at the White House for a meeting with his team. But have your fun.

You know how Trump has been kidding around about running for a third term? Well, he told Kristen Welker on ‘Meet the Press’ he’s ‘not joking,’ in an off-camera but on-the-record interview in which she had to describe his remarks. Sure it violates the 22nd Amendment, but there are workarounds, he said, adopting her suggestion that JD Vance could run in 2028 and then turn over the presidency to him. 

This is classic Trump – it’s a joke until it’s not. I happen to think he’s trolling the press and won’t do it – he’d be 82 – but with the Democrats in such sorry shape, who really knows?

Now he undoubtedly called Welker because the Atlantic’s Jeffrey Goldberg was a guest (insisting, by the way, that he does too know national security adviser Michael Waltz), and made other news. Trump said he is ‘pissed’ at Russia for dragging its feet on a Ukraine peace deal, and IF he concludes that he may hit the Kremlin with more sanctions. This is noteworthy because he almost never criticizes Vladimir Putin – and sanctions won’t do much because of our minimal trade with Russia – but notice there’s no Trump sound bite to be replayed.

Also, on American cars costing more because of his tariff war, the president said ‘I couldn’t care less if they raised prices because people are going to start buying American-made cars.’ Imagine if Joe Biden had said that. He’d already have been impeached, with many cutting off the sound bite after the first eight words.

Meanwhile, the market plummeted again yesterday over uncertainty over the tariffs that are about to take effect, and is on track for a horrible quarter.

On his vow to take control of Greenland, Welker quoted Trump as saying ‘I never take military force off the table, but I think there’s a good possibility we could do it without military force.’ That’s a relief.

I talk and write about most of the major Trump controversies – there are always ones I can’t get to because of the fire-hose approach – which is of course as he likes it. Negative coverage helps him as much as positive coverage, as I’ve been saying for the more than three decades I’ve known him, because it means he’s driving the news agenda.

I mean, the guy will talk about anything. When Kid Rock insisted on bringing Bill Maher to have dinner with Trump, the president said he’d do it as a favor to Kid but:

‘The problem is, no matter how much he likes your Favorite President, ME, he will publicly proclaim what a terrible guy I am, etc…Who knows, though, maybe I’ll be proven wrong? It might be fun or, it might not, but you will be the first to know!’

I wonder if the president’s aware of how Maher beats up on the left. 

Maher’s response to critics: 

‘If two guys who’ve been at each other for so long — I mean, it’s kind of a Nixon to China thing. There was nobody who was harder on Trump…It will probably accomplish very little, but you gotta try, man, you gotta try.’

Trump has launched a series of harsh attacks against major institutions, the latest being some of the world’s biggest law firms. Skadden, Arps has agreed to provide $100 million in free services to the White House. Paul, Weiss has agreed to $40 million in pro bono work.

The alternative: Getting hit with an executive order which would bar the firms from reviewing classified documents, and therefore unable to help corporate clients. And sometimes that’s because a single prosecutor who investigated Trump works or worked there.

Three other large law firms have sued the administration and won an initial round in court.

As for academia, Columbia University has been acting conciliatory in hopes of regaining $400 million in frozen federal funds because of its failure to crack down on anti-Semitism. Unable to work it out, the school’s interim president has resigned, with longtime television journalist Claire Shipman taking over on a temporary basis. Columbia is obviously a test case.

And then there are Trump’s lawsuits against CBS, NBC and the Des Moines Register. Remember, ABC paid Trump $16 million to settle a suit about George Stephanopoulos’ comments about sexual assault.

The New York Times says: 

‘An Ivy League university. Distinguished law firms with Fortune 500 clients. The highest levels of government in the nation’s largest city.

‘As President Trump seeks to extract concessions from elite institutions and punish his perceived enemies, some of New York’s most powerful people are suddenly confronting excruciating decisions.

‘The hard choices they face seem almost to be pulled from the pages of a college ethics textbook.’

Politico co-founder John Harris, with his staff, conjured up a great phrase on the reaction to these aggressive moves by Trump: the ‘Great Grovel.’

‘One after another, a parade of the wealthiest and most elite institutions in American life since last November have found themselves confronted by unprecedented demands from President Donald Trump and his team of retribution-seekers.

‘One after another, these establishment pillars have met these demands with the same response: capitulation and compliance.’ 

Two themes are consistent: ‘The first is an effort — far more organized and disciplined than any precedent from Trump’s first term — to bring institutions who have earned the president’s ire to heel.’ Even more surprising: ‘The swiftness with which supposedly powerful and supposedly independent institutions have responded — with something akin to the trembling acquiescence of a child surrendering his lunch money to a big kid on the morning walk to school.’

And there’s more: ‘Trump’s actions have illuminated more vividly than ever just how many wealthy private institutions have their finances and policies enmeshed with the federal government — though it is hardly a new phenomenon. What is different is the willingness of Trump and his lieutenants to use this leverage so unabashedly. Along the way, he has revealed the institutions to be more vulnerable to intimidation than their leaders themselves may have recognized.’

Whether or not you agree with Donald Trump, there’s no question that he has changed the boundaries of what’s deemed acceptable, probably forever.

: Pew Research has a fascinating study about how heavily people are consuming news about Trump, and why, with both Republicans and Democrats paying lots of attention, sometimes for different reasons.

This post appeared first on FOX NEWS

Sen. Cory Booker, D-N.J., spoke out against President Donald Trump and Elon Musk on the Senate floor throughout the night after beginning his marathon speech at 7 p.m. Monday.

The senator was still speaking on the floor at 6 a.m. Tuesday, 11 hours after he had begun.

Booker received some support from other Senate Democrats, whom he allowed to speak at times, during his hourslong show of opposition against the Trump administration.

Booker said toward the beginning of his speech that Trump, in 71 days, ‘has inflicted so much harm on Americans’ safety, financial stability, the core foundations of our democracy, and even our aspirations as a people for, from our highest offices, a sense of common decency.’

Sen. Chris Murphy, D-Conn., who said he planned to join Booker ‘for the entirety of his speech,’ noted that he was ‘returning the favor’ as Booker joined him when he ‘launched a filibuster to demand action on gun violence nine years ago.’

Murphy was among the Democrats who provided Booker with some relief by speaking at times to punctuate the marathon session.

In the social media video, Murphy described his colleague’s effort as ‘extraordinary.’

Booker said in a video before he began his demonstration that he plans to continue speaking as long as he is ‘physically able.’

This post appeared first on FOX NEWS

House Republicans are going all out this week to signal their support for the Trump administration amid multiple legal standoffs over White House policy.

A bill to limit U.S. district court judges’ ability to issue nationwide injunctions sailed through the House Rules Committee – the last gatekeeper for bills before a chamber-wide vote – in a party-line vote Monday evening, as expected.

On Tuesday morning, meanwhile, two high-profile panels on the House Judiciary Committee will hold a hearing at 10 a.m. ET on ‘judicial overreach and constitutional limits on the federal courts.’

‘Clearly,our members are as angered as President Trump about some of these rogue judges,’ House Majority Leader Steve Scalise, R-La., the No. 2 House Republican, told Fox News Digital in a brief interview. ‘So we’re doing a number of things.’

The hearing will be held by the House Judiciary Committee’s subcommittee on the Constitution, led by Rep. Chip Roy, R-Texas, and its subcommittee on courts, led by Rep. Darrell Issa, R-Calif.

Notably, former House Speaker Newt Gingrich, R-Ga., is expected to testify, as is a woman described as a victim of criminal activity perpetrated by the terrorist organization Tren de Aragua in Aurora, Colorado.

Her appearance is likely linked to the ongoing legal showdown between the Trump administration and U.S. District Judge James Boasberg after he issued an emergency 14-day pause on the White House’s deportation flights of suspected Tren de Aragua gang members to El Salvador.

‘We share the president’s concern that you’ve got some judges that have overstepped their boundaries,’ Scalise said. ‘I mean, you have a plane flying with hardened criminals … and Judge Boasberg orders the plane to turn around in mid-flight … and bring hardened criminals back to America who were already here illegally. That’s clearly judicial activism and a judge trying to become the executive. That’s not his role.’

Issa is also spearheading the No Rogue Rulings Act (NORRA Act) to get a House-wide vote this week, which would limit the ability of Boasberg and other district court judges from issuing rulings that affect Trump policies across the country, beyond their direct jurisdiction.

That legislation is likely to pass with little if any Republican dissent. Two people familiar with discussions told Fox News Digital this month that Capitol Hill aides were told Trump ‘likes’ the bill.

House Majority Whip Tom Emmer, R-Minn., the No. 3 House Republican, also made clear leadership is united behind this week’s strategy.

‘Judges cannot act as pseudo-legislators to advance their political agenda; that’s not how our government works,’ Emmer told Fox News Digital exclusively in a written statement. ‘I’m grateful for Chairman Jordan and Congressman Issa’s leadership in House Republicans’ efforts to ensure impartiality on the bench.’

But it’s clear there’s an appetite among Republican judiciary hawks and conservatives to go further.

Scalise would not go into specifics but vowed, ‘Everything’s being looked at, and all options are on the table.’

Democrats are vowing to push back, with Rep. Jamie Raskin, D-Md., the top Democrat on the House Judiciary Committee, accusing Trump of using judges as ‘scapegoats’ for his policy setbacks.

‘This week’s efforts to distract from Trump’s serial violations of the Spending Clause, the separation of powers, the Birthright Citizenship Clause, Equal Protection, the First Amendment freedom of speech, Fifth Amendment Due Process and Sixth Amendment right to counsel will include a House hearing made for Trump’s viewing pleasure and a vote on a Republican bill to ban nationwide injunctions,’ Raskin told Fox News Digital.

‘As my colleagues embark on this embarrassing diversion, Judiciary Democrats will remind them at every turn: it’s not the courts’ fault that Trump keeps losing these cases. No amount of finger pointing will shift responsibility from this rogue president who keeps deliberately trashing the Constitution and violating the rights and freedoms of the people of the United States.’

There have been over a dozen injunctions levied against various Trump policies across the country, from birthright citizenship reform to the Department of Government Efficiency (DOGE).

House Speaker Mike Johnson, R-La., met privately with Republican judiciary committee members last week for what sources called a ‘brainstorming’ session.

Ideas raised by lawmakers included a fast-tracked appeals process, wielding Congress’ spending power over the judiciary, and limiting the ability to ‘judge shop.’

And some conservatives are eager to target specific judges they believe are abusing their power via the impeachment process, but House Republican leaders are wary of that route and believe it to be less effective than other legislative avenues.

Conservatives could still force Johnson’s hand by filing a ‘privileged’ impeachment resolution, meaning the House would have to at least hold a procedural vote on the measure within two legislative days.

Fox News Digital is not aware of any current plans to do so, and Johnson assured Republicans at their closed-door meeting last week that he was in contact with the White House every step of the way.

Trump’s GOP Senate allies are rolling out their own strategy to push back on activist judges in the coming days, with the Senate Judiciary Committee teeing up a similar hearing to the House’s Tuesday event.

This post appeared first on FOX NEWS

Amazon on Monday released a new AI model that can take actions in a web browser on a user’s behalf, a move that puts it in more direct competition with OpenAI, Anthropic and other companies that have developed the so-called “agents.”

The new model, called Nova Act, is designed to help developers build agents, or AI software that can complete multi-step tasks for users without supervision. Amazon showed Nova Act searching for “apartments by biking distance to the train station” as one example of a task it can complete.

A growing number of companies are building AI agents as they look beyond text and image generators.

Anthropic, the Amazon-backed AI startup founded by ex-OpenAI research executives, released its Computer Use tool in October. The startup said the tool can interpret what’s on a computer screen, select buttons, enter text, navigate websites and execute tasks through any software and real-time internet browsing.

In January, OpenAI released a similar feature called Operator that will automate tasks such as planning vacations, filling out forms, making restaurant reservations and ordering groceries. The Microsoft-backed startup described Operator as “an agent that can go to the web to perform tasks for you.”

OpenAI followed up that release in February with another tool called Deep Research, which allows an AI agent to compile complex research reports and analyze questions and topics of the user’s choice. 

Google launched a similar tool of the same name last December, which acts as a “research assistant, exploring complex topics and compiling reports on your behalf.”

Nova Act is initially launching in research preview for developers, Amazon said. The company is also launching a website that lets users experiment with its Nova AI models.

The release is part of a broader strategy within Amazon to invest heavily in generative AI software. Amazon has introduced a flurry of AI products, including its own set of Nova models, Trainium chips, shopping and health assistants, as well as a marketplace for third-party models called Bedrock. It’s also overhauling Alexa, the digital assistant it launched more than a decade ago, with AI capabilities.

Earlier this month, Amazon’s cloud unit said it’s forming a group dedicated to developing agentic AI that’s being led by longtime Amazon Web Services executive Swami Sivasubramanian. It’s also created an internal team focused on building artificial general intelligence, or AGI, which broadly refers to AI that is as smart or smarter than humans. The team reports directly to Amazon CEO Andy Jassy.

This post appeared first on NBC NEWS

Hollywood’s blockbuster slate is heating up, and AMC Entertainment is increasing the number of its premium screens to meet demand.

The world’s largest cinema chain is adding 40 Dolby Cinema theaters to its U.S.-based AMC locations through the end of 2027. It marks a 25% increase in the number of the branded premium screens, bringing the company’s total number to more than 200.

“Premium moviegoing is defining the modern box office,” said Kevin Yeaman, president and CEO of Dolby Laboratories. “In expanding our longstanding partnership with AMC, we look forward to providing even more audiences with access to the most immersive film experiences that you can only get at Dolby Cinema.”

The announcement comes just days after AMC revealed a partnership with CJ 4DPLEX to add 65 Screen X auditoriums and 40 4DX theaters to its theaters around the globe.

Premium large format screens, often referred to as PLFs, are elevated viewing experiences that come with a higher ticket price. The physical screens are often bigger than traditional movie screens or have auditoriums that feature higher-quality sound systems or seating options.

Dolby Cinemas are specially designed auditoriums with plush, reclining seats and a combination of Dolby Vision and Dolby Atmos, which deliver crisp visuals and immersive sound. Screen X theaters feature a 270-degree panoramic screen that extends the movie image onto the side walls using multi-projection technology, and 4DX is a premium experience that features gyroscopic seats and practical effects like fog, water and wind that play in time with the movie.

The films that benefit the most from PLF ticket sales have been Hollywood’s biggest blockbusters, as audiences want to see explosive action movies and dazzling spectacles in the most state-of-the-art locations. It’s why films like Universal’s “Oppenheimer,” Disney’s “Avatar: The Way of Water” and Warner Bros.′ “Dune” and “Dune: Part Two” captured a significant portion of the PLF box office during their runs.

The 2025 and 2026 box offices are packed with blockbuster features from major franchises like Avatar, Star Wars, Jurassic Park, the Marvel Cinematic Universe, DC comics and Mission Impossible.

“The expansion of this partnership is a powerful demonstration of AMC’s ongoing commitment to deliver this premium experience — sought out by filmmakers, studio partners, and our guests — to even more of our theaters and AMC moviegoers around the United States,” Adam Aron, AMC’s CEO, said in a statement Monday about the Dolby expansion.

As of 2024, there were more than 950 theaters in North America that had PLF screens, a 33.7% jump from just five years ago, according to data from Comscore. These screens accounted for 9.1% of the domestic box office, around $600 million in 2024.

Premium ticket prices average just under $17 apiece, according to movie data firm EntTelligence, an 8% increase since 2021, when the company first started reporting these figures.

PLF receipts still represent a small portion of the overall box office, with most audiences seeing films on traditional digital screens. However, the PLF box office has grown 33% in just five years.

Disclosure: Comcast is the parent company of NBCUniversal and CNBC.

This post appeared first on NBC NEWS

(TheNewswire)

TORONTO, ON TheNewswire – March 31, 2025 Silver Crown Royalties Inc. ( Cboe: SCRI, OTCQX: SLCRF, BF: QS0 ) (‘ Silver Crown ‘, ‘ SCRi ‘, or the ‘ Company ‘) is pleased to provide an update on its non-brokered offering of units (‘Units ‘) that was previously announced on February 6, 2025 (the ‘ Offering ‘).

In connection with the Offering, the Company has successfully closed the second tranche (‘ Second Tranche ‘) and issued 75,310 Units at a price of C$6.50 per Unit, for gross proceeds of approximately C$489,515. Each Unit consists of one common share (‘ Common Share ‘) and one Common Share purchase warrant (‘ Warrant ‘), with each Warrant exercisable to acquire one additional Common Share at an exercise price of C$13.00 for a period of three years from the closing date.  The total units issued under this Offering total 142,848 for cumulative gross proceeds of C$928,512.

The proceeds from the Second Tranche will be used to partially fund the second tranche of the Company’s silver royalty acquisition on the Igor 4 project in Peru, as well as general and administrative expenses. All securities issued are subject to a statutory hold period of four months plus one day from the date of issuance, in accordance with applicable securities legislation. The closing was subject to customary conditions, including the approval of Cboe Canada Inc.

ABOUT Silver Crown Royalties INC.

Founded by industry veterans, Silver Crown Royalties ( Cboe: SCRI | OTCQX: SLCRF | BF: QS0 ) is a publicly traded, silver royalty company. Silver Crown (SCRi) currently has four silver royalties of which three are revenue-generating. Its business model presents investors with precious metals exposure that allows for a natural hedge against currency devaluation while minimizing the negative impact of cost inflation associated with production. SCRi endeavors to minimize the economic impact on mining projects while maximizing returns for shareholders. For further information, please contact:

Silver Crown Royalties Inc.

Peter Bures, Chairman and CEO

Telephone: (416) 481-1744

Email: pbures@silvercrownroyalties.com

FORWARD-LOOKING STATEMENTS

This release contains certain ‘forward looking statements’ and certain ‘forward-looking information’ as defined under applicable Canadian and U.S. securities laws. Forward-looking statements and information can generally be identified by the use of forward-looking terminology such as ‘may’, ‘will’, ‘should’, ‘expect’, ‘intend’, ‘estimate’, ‘anticipate’, ‘believe’, ‘continue’, ‘plans’ or similar terminology. The forward-looking information contained herein is provided for the purpose of assisting readers in understanding management’s current expectations and plans relating to the future. Readers are cautioned that such information may not be appropriate for other purposes. Forward-looking statements and information include, but are not limited to, the proceeds from the Second Tranche will be used to partially fund the second tranche of the Company’s silver royalty acquisition on the Igor 4 project in Peru, as well as general and administrative expenses. Forward-looking statements and information are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that, while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual actions, events or results to be materially different from those expressed or implied by such forward-looking information, including but not limited to: the impact of general business and economic conditions; the absence of control over mining operations from which SCRi will purchase gold and other metals or from which it will receive royalty payments and risks related to those mining operations, including risks related to international operations, government and environmental regulation, delays in mine construction and operations, actual results of mining and current exploration activities, conclusions of economic evaluations and changes in project parameters as plans continue to be refined; accidents, equipment breakdowns, title matters, labor disputes or other unanticipated difficulties or interruptions in operations; SCRi’s ability to enter into definitive agreements and close proposed royalty transactions; the inherent uncertainties related to the valuations ascribed by SCRi to its royalty interests; problems inherent to the marketability of gold and other metals; the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; industry conditions, including fluctuations in the price of the primary commodities mined at such operations, fluctuations in foreign exchange rates and fluctuations in interest rates; government entities interpreting existing tax legislation or enacting new tax legislation in a way which adversely affects SCRi; stock market volatility; regulatory restrictions; liability, competition, the potential impact of epidemics, pandemics or other public health crises on SCRi’s business, operations and financial condition, loss of key employees. SCRi has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information. SCRi undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management’s best judgment based on information currently available.

This document does not constitute an offer to sell, or a solicitation of an offer to buy, securities of the Company in Canada, the United States or any other jurisdiction. Any such offer to sell or solicitation of an offer to buy the securities described herein will be made only pursuant to subscription documentation between the Company and prospective purchasers. Any such offering will be made in reliance upon exemptions from the prospectus and registration requirements under applicable securities laws, pursuant to a subscription agreement to be entered into by the Company and prospective investors. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements.

CBOE CANADA DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.

Copyright (c) 2025 TheNewswire – All rights reserved.

News Provided by TheNewsWire via QuoteMedia

This post appeared first on investingnews.com

Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) (‘Heliostar’ or the ‘Company’) is pleased to announce an aggressive drill-out of the Company’s 100% owned Ana Paula deposit. The company will mobilize two drill rigs in April to commence the program.

Heliostar CEO Charles Funk comments, ‘We have always wanted to push harder at Ana Paula, and now we can commence the largest drill program in the Company’s history. We see potential to further improve the resource at Ana Paula. The program will infill the current resource, step out to expand its boundaries and explore untested areas on the property. Both we and our shareholders have been keen for this opportunity, and it’s time to turn the rigs loose at Ana Paula.

Ana Paula Drill Program

Figure 1: A plan map of the Ana Paula 2023 Mineral Resource clipped to greater than 2g/t gold. Select Infill and Exploration targets labelled.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7729/246653_16f03feae40ff995_001full.jpg

The 2025 program will focus on three aspects to improve the Ana Paula resource:

  • Infill Drilling – Section-by-section drilling on the preferred north-to-south orientation. This will focus on converting inferred ounces to higher confidence categories for underground mining at the High Grade and Parallel Panels (Figure 1).

  • Testing the Extent of Satellite Zones – We will follow up on recent drill intercepts that include 16.0 metres at 16.7 grams per tonne (g/t) gold to the west of the High Grade Panel and 24.0 metres at 5.1 g/t gold over 150 metres beneath the High Grade Panel (Figure 2).

  • Testing Exploration Targets North of the Parallel Panel – The 2023 resource estimate highlights a number of poorly defined high-grade gold intercepts. These intercepts model as discrete zones of high-grade mineralization but remain poorly defined due to a lack of drilling. Heliostar believes these may be repetitions to the north of the interpreted east-west fault controls that host the High Grade Panel and Parallel Panels. They represent excellent exploration targets for the growth of the Ana Paula deposit (Figure 3).

Figure 2: A cross-section with the resource model from 2023 Mineral Resource Estimate highlighting the High Grade Panel (clipped to greater than 2 g/t gold resource blocks) and hole AP-24-319, an open deeper intercept to be followed up with the planned program.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7729/246653_16f03feae40ff995_002full.jpg

Figure 3: A north-south section through the 2023 Ana Paula Resource. Major zones, the High Grade Panel, Parallel Panel and Expansion Zone, are labelled along with new northern exploration targets that will be tested in the 2025 drilling program.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7729/246653_16f03feae40ff995_003full.jpg

The company expects the drill program to be continuous through the remainder of 2025 and provide steady newsflow over this period.

Statement of Qualified Person

Stewart Harris, P.Geo., a Qualified Person, as such term is defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects, has reviewed the scientific and technical information that forms the basis for this news release and has approved the disclosure herein. Mr. Harris is employed as Exploration Manager of the Company.

About Heliostar Metals Ltd.

Heliostar aims to grow to become a mid-tier gold producer. The Company is focused on developing the 100% owned Ana Paula Project in Guerrero, Mexico and has recently entered into an agreement to acquire a portfolio of production and development assets in Mexico.

FOR ADDITIONAL INFORMATION PLEASE CONTACT:

Charles Funk
President and Chief Executive Officer
Heliostar Metals Limited
Email: charles.funk@heliostarmetals.com
Phone: +1 844-753-0045
Rob Grey
Investor Relations Manager
Heliostar Metals Limited
Email: rob.grey@heliostarmetals.com
Phone: +1 844-753-0045

 

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

This news release includes certain ‘Forward-Looking Statements’ within the meaning of the United States Private Securities Litigation Reform Act of 1995 and ‘forward-looking information’ under applicable Canadian securities laws. When used in this news release, the words ‘anticipate’, ‘believe’, ‘estimate’, ‘expect’, ‘target’, ‘plan’, ‘forecast’, ‘may’, ‘would’, ‘could’, ‘schedule’ and similar words or expressions, identify forward-looking statements or information. These forward-looking statements or information relate to, among other things, we see potential to improve the resource at Ana Paula. The program will infill the current resource, step out to expand its boundaries, and explore untested areas on the property, and, they represent excellent exploration targets for growth of the Ana Paula deposit.

Forward-looking statements and forward-looking information relating to the terms and completion of the Facility, any future mineral production, liquidity, and future exploration plans are based on management’s reasonable assumptions, estimates, expectations, analyses and opinions, which are based on management’s experience and perception of trends, current conditions and expected developments, and other factors that management believes are relevant and reasonable in the circumstances, but which may prove to be incorrect. Assumptions have been made regarding, among other things, the receipt of necessary approvals, price of metals; no escalation in the severity of public health crises or ongoing military conflicts; costs of exploration and development; the estimated costs of development of exploration projects; and the Company’s ability to operate in a safe and effective manner and its ability to obtain financing on reasonable terms.

These statements reflect the Company’s respective current views with respect to future events and are necessarily based upon a number of other assumptions and estimates that, while considered reasonable by management, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance, or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements or forward-looking information and the Company has made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: precious metals price volatility; risks associated with the conduct of the Company’s mining activities in foreign jurisdictions; regulatory, consent or permitting delays; risks relating to reliance on the Company’s management team and outside contractors; risks regarding exploration and mining activities; the Company’s inability to obtain insurance to cover all risks, on a commercially reasonable basis or at all; currency fluctuations; risks regarding the failure to generate sufficient cash flow from operations; risks relating to project financing and equity issuances; risks and unknowns inherent in all mining projects, including the inaccuracy of reserves and resources, metallurgical recoveries and capital and operating costs of such projects; contests over title to properties, particularly title to undeveloped properties; laws and regulations governing the environment, health and safety; the ability of the communities in which the Company operates to manage and cope with the implications of public health crises; the economic and financial implications of public health crises, ongoing military conflicts and general economic factors to the Company; operating or technical difficulties in connection with mining or development activities; employee relations, labour unrest or unavailability; the Company’s interactions with surrounding communities; the Company’s ability to successfully integrate acquired assets; the speculative nature of exploration and development, including the risks of diminishing quantities or grades of reserves; stock market volatility; conflicts of interest among certain directors and officers; lack of liquidity for shareholders of the Company; litigation risk; and the factors identified under the caption ‘Risk Factors’ in the Company’s public disclosure documents. Readers are cautioned against attributing undue certainty to forward-looking statements or forward-looking information. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or forward-looking information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements or information, other than as required by applicable law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/246653

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