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Trump predicts little progress in potential shutdown talks with ‘crazy’ Schumer, Jeffries

Politics 3 Mins Read

President Donald Trump indicated Wednesday that he would meet with the top congressional Democrats ahead of the looming government funding deadline, but said he didn’t believe it would go well.

Lawmakers in the House and Senate are currently away from Washington, D.C., in their respective districts and states, but the Sept. 30 deadline to prevent a partial government shutdown will be just a handful of weeks away when they return after Labor Day.

And there is a brewing tension between Republicans and Democrats over just how the looming government funding fight will shake out.

Trump, during a press conference where he announced a slate of Kennedy Center honorees, said he would meet with Senate Minority Leader Chuck Schumer, D-N.Y., and House Minority Leader Hakeem Jeffries, D-N.Y., before the deadline.  

‘But it’s almost a waste of time to meet, because they never approve anything,’ Trump added.

‘I don’t believe anybody is capable of making a deal with these people,’ he continued. ‘They have gone crazy.’

Fox News Digital reached out to Schumer and Jeffries for comment but did not immediately hear back.

Lawmakers must pass the dozen spending bills needed to fund the government to avert a partial shutdown, but that process, known as regular order, has not happened in decades.

While Senate Majority Leader John Thune, R-S.D., has made clear he wants to pass spending bills, and the Senate did indeed pass a trio of funding measures before leaving town, Congress will likely again turn to a short-term government funding extension, known as a continuing resolution (CR).

However, any CR must pass muster with Senate Democrats, given that the legislation has to pass through the upper chamber’s 60-vote threshold.

And congressional Democrats have a bitter taste left in their mouths after Republicans rammed through Trump’s $9 billion clawback package, which included deep cuts to NPR, PBS and foreign aid. They warned that any more attempts to claw back congressionally approved funding on a partisan basis could doom government funding negotiations.

Ahead of the vote to pass three spending bills in the Senate, which included funding for military construction and Veterans Affairs, agriculture and the Food and Drug Administration (FDA), and the legislative branch, congressional Democrats vowed that they would play ball – as long as the appropriations process was bipartisan.

‘We all want to pursue a bipartisan, bicameral appropriations process,’ Schumer said at the time. ‘That’s how it’s always been done, successfully, and we believe that, however, the Republicans are making it extremely difficult to do that.’

Earlier this year, Schumer briefly flirted with a government shutdown. However, he eventually relented and voted with Republicans to keep the lights on in Washington, and in the process ignited a firestorm within his own party over his ability as leader of the Senate Democratic caucus.

This post appeared first on FOX NEWS

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DNC rips JD Vance for fishing with British foreign secretary in latest bizarre attack; Republicans hit back

Politics 5 Mins Read

The Democratic National Committee slammed Vice President JD Vance for fishing on a private lake with British Foreign Secretary David Lammy during Vance’s official trip to the United Kingdom. 

Republicans were quick to respond to what appears to be the latest in a series of attacks by Democrats against the vice president over outdoor activities and family outings Vance mixes in during his rigorous official travel schedule. 

The DNC War Room issued a press release Wednesday titled ‘VACATION VANCE AT IT AGAIN: Vance Fished ‘Illegally’ With UK Foreign Secretary While Americans Drown in Sky-High Costs.’ 

Vance and Lammy met at the foreign secretary’s official country residence, known as Chevening House, located south of London, on Friday for talks centered on the Israel-Hamas conflict and Russia’s war in Ukraine. 

They went fishing on the estate grounds before their scheduled meeting. Vance briefly joked to reporters that the ‘one strain on the special relationship’ he has with Lammy ‘is that all of my kids caught a fish, but the foreign secretary did not.’ The vice president soon delved into more serious topics, including telling reporters that, unlike the U.K., the United States has ‘no plans to recognize a Palestinian state’ given the ‘lack of a functional government’ in Gaza. 

Their meeting came a week before President Donald Trump’s upcoming high-stakes meeting with Russian President Vladimir Putin in Alaska. 

In its release on Wednesday, the DNC charged, ‘Vance is living it up on his summer holiday — on the taxpayers’ dime — all while working families face sky-high inflation and the largest cuts to health care and food assistance in American history.’ 

Kiersten Pels, a spokeswoman for the Republican National Committee, said in a statement to Fox News Digital, ‘The DNC’s donors are OK with funding press releases on a fishing rod license? They might want to pull their money out now before the last of it vanishes down the drain.’ 

U.K. outlets reported that Lammy did not buy a valid fishing license before the outing with Vance. In a statement to Sky News, the British Foreign Office said the secretary ‘has written to the Environment Agency over an administrative oversight that meant the appropriate licences had not been acquired for fishing on a private lake as part of a diplomatic engagement at Chevening House last week.’ 

The agency reportedly requires rod licenses for fishing of freshwater species in England and Wales for people 13 or above. 

During his visit to the U.K. last week, Vance also gave a brief address to U.S. troops stationed at RAF Fairford in Gloucestershire. 

The DNC claimed Vance spoke to troops ‘for only six minutes before returning to his $10,000 per week luxury Cotswolds manor.’

The release also took issue with Vance allegedly ‘using public resources’ earlier this month ‘so he could do boating on his birthday.’ 

‘Vance fished ‘illegally’ in the United Kingdom, potentially costing the foreign secretary a £2,000 fine. Vance even had former Chancellor George Osborne plan his vacation’s social agenda, including relaxing in the ‘Hamptons of the UK,’’ the release said.

The DNC further charged that Trump and Vance ‘ripped away health care from 17 million Americans, slashed food assistance for over 22 million families, and unleashed economic chaos on the American people —  all to give their billionaire friends and donors another round of massive tax handouts.’ 

‘While working families struggle to get by, it’s clear where Vance’s loyalties lie — and it’s not with them,’ the DNC wrote. 

The latest attack comes after Democratic California Gov. Gavin Newsom, a potential 2028 presidential contender, bemoaned Vance’s recent visit to Disneyland with his children. 

‘Hope you enjoy your family time,’ Newsom wrote on social media. ‘The families you’re tearing apart certainly won’t.’

In response, Vance wrote, ‘Had a great time, thanks.’ 

Critics also attempted to paint Vance as entitled after the vice president’s security detail had an Ohio river’s water levels raised to accommodate a kayaking trip he and his family took to celebrate his 41st birthday. The U.S. Secret Service made the request to the U.S. Army Corps of Engineers so that motorized watercraft and emergency personnel could operate safely.

Before his political career, Vance notably penned an autobiography, ‘Hillbilly Elegy,’ which describes how he was raised by an opioid-addicted mother in Appalachia, joined the Marines and found success at Yale Law School. 

In a recent interview on ‘The Katie Miller Podcast,’ Vance revealed that reserving ‘sacred time’ with family allows him to balance his official duties with the duties of being a husband and father.  

‘It’s possible to do it even in my job,’ he said. ‘Yes, if like a war breaks out, then sometimes you have to cancel even the sacred time. But we’ve been pretty good about making sure that I have at least a couple of hours with my family every single day.’ 

This post appeared first on FOX NEWS

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Social Security is 90 years old. We are making it smarter, better, faster under Trump

Politics 3 Mins Read

President Donald Trump has pledged to protect and preserve Social Security, and I am honored to lead the agency as Commissioner at such a pivotal moment. My vision is straightforward: a Social Security Administration that is easier to access, faster to respond, and better prepared to meet the challenges of tomorrow. That vision is rooted in our commitment to public service and grounded in the belief that government can and should work for everyone.

Since taking office, I have focused on modernizing operations; investing in our workforce; eliminating fraud, waste, and abuse; and improving how we serve the public, whether online, over the phone, or in person. 

Social Security is not a program of the past; it is a promise to future generations. 

We have expanded our digital tools to provide more services from the convenience of people’s homes. We have taken steps to reduce wait times, enhance security, and make it easier to navigate our programs. All the while ensuring we pay benefits accurately to those who are eligible to receive them.

We have also added support and removed roadblocks for our frontline employees with updated tools, technology, and processes, so they can deliver efficient, accurate, and compassionate service to the American people every day.

In my first 100 days as Commissioner, SSA has made significant progress, improving customer experience: reducing the average wait time on the national 800 number from 30 minutes last year to single digits last month; implementing new phone systems to enable 90% of calls to be handled via self-service or convenient callbacks; shortening field office wait times by 30%; eliminating 29 hours of weekly downtime for my Social Security to allow 24/7 online management of benefits; decreasing Disability hearing wait times by 60 days, reaching historic lows; and, sending over 3.1 million payments totaling $17 billion to eligible beneficiaries five months ahead of schedule under the Social Security Fairness Act.

We have a clear path to achieving operational excellence and providing best-in-class service. Under President Trump’s leadership, I have charted a new course that strengthens service delivery and secures the integrity and efficiency of our systems. We are modernizing the underlying infrastructure that supports our work so that the agency is not only keeping up with the pace of change but leading the way in service innovation.

As we celebrate this 90th anniversary, we must also keep our eyes firmly on the future. Social Security is not a program of the past; it is a promise to future generations. 

Young Americans entering the workforce today deserve the same sense of security their parents and grandparents had. Maintaining that trust will require thoughtful innovation and a shared commitment to protecting the integrity and solvency of the program.

As we look to the century ahead, President Trump remains committed to ensuring that Social Security is as strong, effective, and enduring for our children and grandchildren as it has been for the generations before them.

This post appeared first on FOX NEWS

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Trump admin unveils groundbreaking tool ‘supercharging’ gov’t efficiency to ‘win the race’ for AI dominance

Politics 4 Mins Read

The Trump administration is announcing the launch of a new tool it says will be instrumental in enabling agencies across the federal government to efficiently implement artificial intelligence at scale and take a major step forward rolling out the president’s ‘AI Action Plan.’

Trump’s U.S. General Services Administration (GSA) said on Thursday it has launched USAi, a tool the agency describes as a ‘secure generative artificial intelligence evaluation suite that enables federal agencies to experiment with and adopt artificial intelligence at scale—faster, safer, and at no cost to them.’

The agency says that the platform, available starting Thursday at 10 a.m. through USAi.gov, gives government users access to ‘powerful’ tools like chat-based AI, code generation and document summarization with the goal of ‘supercharging employee productivity.’

‘USAi isn’t just another tool, it’s infrastructure for America’s AI future,’ GSA Chief Information Officer David Shive explained. ‘USAi helps the government cut costs, improve efficiency, and deliver better services to the public, while maintaining the trust and security the American people expect.’

GSA Deputy Administrator Stephen Ehikian told Fox News Digital that this latest application is an ‘on ramp’ to A.I. that will be the ‘tip of the spear’ on the A.I. front similar to the way GSA previously implemented the cloud. 

The Trump administration rolled out its A.I. Action Plan in July after Trump ordered the federal government in January to develop a plan of action for artificial intelligence in order to ‘solidify our position as the global leader in AI and secure a brighter future for all Americans.’ 

Trump has made U.S. A.I. growth a cornerstone of his administration, such as notching multi-billion deals with high-tech firms such as Oracle and OpenAI for the Stargate project, which is an effort to launch large data centers in the U.S, as well as a $90 billion energy and tech investment deal specifically for the state of Pennsylvania to make it the U.S. hub for AI. 

‘USAi means more than access—it’s about delivering a competitive advantage to the American people,’ GSA Deputy Administrator Stephen Ehikian said in press release.

‘The launch of USAi shows how GSA is translating President Trump’s AI strategy into action and accelerating AI adoption across government. USAi will put mission-ready tools directly into the hands of agencies to modernize faster, boost security, and lead globally.’

The A.I. Action Plan includes a three-pillar approach focused on American workers, free speech and protecting U.S.-built technologies. 

‘We want to center America’s workers, and make sure they benefit from AI,’ A.I. and crypto czar David Sacks told the media in July when details of the A.I. plan were made public. 

‘The second is that we believe that AI systems should be free of ideological bias and not be designed to pursue socially engineered agendas,’ Sacks said. ‘And so we have a number of proposals there on how to make sure that AI remains truth-seeking and trustworthy. And then the third principle that cuts across the pillars is that we believe we have to prevent our advanced technologies from being misused or stolen by malicious actors. And we also have to monitor for emerging and unforeseen risks from AI.’

Advancing the federal government’s use of A.I. and expanding employee access are core to the GSA’s efforts to fulfill Trump’s directive to preserve U.S. leadership in the global technology race, GSA Commissioner Josh Gruenbaum explained to Fox Digital in an interview earlier this month. 

‘As we kind of examined the President’s AI action plan, heard the call to action of, ‘Hey, this is a race, and we are going to win this race.’ From our perspective, all that meant, synonymously, was widespread adoption,’ he told Fox Digital of delivering AI to federal employees. 

The rollout of the USAi tool follows GSA announcing earlier in August that OpenAI’s ChatGPT Enterprise is now available to all federal agencies to incorporate into their workflow at $1 per agency. The deal with OpenAI, the tech company behind ChatGPT, is part of GSA’s OneGov Strategy that aims to modernize ‘how the federal government purchases goods and services’ under the Trump administration. 

GSA also notched another deal with A.I. company Anthropic this month providing all three branches of government access to large language model Claude. 

Gruenbaum told Fox News Digital that Thursday’s announcement will be critical for agencies for creating efficiencies to help turn the federal workforce into ‘the most nimble, smart, efficient, agile, and agentically tech-forward workforce out there so that this country can continue to compete and win the AI race.’

This post appeared first on FOX NEWS

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Keith Weiner: Gold, Silver in Bull Markets — Here’s What’s Different This Time

Investing 1 Min Read

Keith Weiner, founder and CEO of Monetary Metals, discusses gold and silver’s performance so far this year and shares his outlook for the rest of 2025.

He also explains what makes today’s gold bull market different than those seen in prior years.

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

This post appeared first on investingnews.com

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Silver Crown Royalties Closes Silver Royalty With EDM Resources

Investing 6 Mins Read

(TheNewswire)

TORONTO, ON, August 13, 2025 TheNewswire – Silver Crown Royalties Inc. ( Cboe: SCRI,OTC:SLCRF; OTCQX: SLCRF; FRA: QS0) ( ‘Silver Crown’ or the ‘Company’ ) is pleased to announce that, further to its press release dated August 7, 2025, it has closed the acquisition of a royalty on 90% of the cash equivalent of silver produced each quarter from the past producing Scotia Mine (the ‘Silver Royalty’ ) with EDM Resources Inc. ( TSX-V: EDM; FSE: P3Z) ( ‘EDM’ ). The Silver Royalty provides for minimum of the cash equivalent of 7,000 ounces per year for 10 years starting at commercial production on the Scotia Mine. SCRi paid $250,000 in cash at closing and issued 60,000 units (‘ Units ‘) to EDM per Unit at a deemed value of C$10.00, with each Unit consisting of a common share in the capital of SCRi (‘ Common Share ‘) and one warrant exercisable into an additional Common Share at a price of C$13.00 for a period of 36 months following the date hereof. SCRi must pay EDM an additional C$250,000 cash payment following the date hereof as deferred consideration for the Silver Royalty.

ABOUT EDM RESOURCES INC.

EDM Resources Inc. (‘EDM’) ( TSX-V: EDM; FSE: P3Z) is a Canadian exploration and mining company that has full ownership of the Scotia Mine and related facilities near Halifax, Nova Scotia. Through its wholly owned subsidiary, EDM also holds several prospective exploration licenses near its Scotia Mine and in the surrounding regions of Nova Scotia .

ABOUT Silver Crown Royalties INC.

Founded by seasoned industry professionals, Silver Crown Royalties ( Cboe: SCRI | OTCQX: SLCRF | FRA: QS0) is a publicly traded silver royalty company dedicated to generating free cash flow. Silver Crown (SCRi) currently holds five silver royalties. Its business model offers investors exposure to precious metals, providing a natural hedge against currency devaluation while mitigating the adverse effects of production-related cost inflation. SCRi strives to minimize the economic burden on mining projects while simultaneously maximizing shareholder returns. 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, SCRi must pay EDM an additional C$250,000 cash payment following the date hereof as deferred consideration for the Silver Royalty . 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

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Osisko Metals Intersects 731 Metres Averaging 0.29% Cu at Gaspé

Investing 15 Mins Read

Osisko Metals Incorporated (the ‘ Company or ‘ Osisko Metals ‘) ( TSX-V: OM ; OTCQX: OMZNF ; FRANKFURT: 0B51 ) is pleased to announce new drill results from the Gaspé Copper Project, located in the Gaspé Peninsula of Eastern Québec.

Osisko Metals Chief Executive Officer Robert Wares commented: ‘ Drill results at Gaspé Copper continue to exceed expectations. These new data expand the deposit further south and at depth with drill holes 30-1092 and 30-872, located respectively 230 metres and 440 metres south of the 2024 Mineral Resource Estimate (‘MRE’) model. Additional holes are planned in this resource expansion target area in the coming months over a surface of 450 metres by 550 metres, which we believe will add significant new tonnage to the MRE update, planned for Q1 2026. ‘

New analytical results are presented below (see Table 1), including 20 mineralized intercepts from 7 new drill holes. Infill intercepts are located inside the 2024 MRE model ( see November 14, 2024 news release ), and are focused on upgrading inferred mineral resources to measured or indicated categories, as applicable. Expansion intercepts are located outside the 2024 MRE model and may potentially lead to additional resources that will be classified appropriately within the next MRE update. Some of the reported intercepts have contiguous shallower infill as well as deeper expansion (noted on Table 1 below as ‘Both**’). Maps showing hole locations are available at www.osiskometals.com .

Highlights:

  • Drill hole 30-1096
    • 730.7 metres averaging 0.29% Cu (infill and expansion)
  • Drill hole 30-1085
    • 219.0 metres averaging 0.41% Cu (infill)
    • 754.5 metres averaging 0.24% Cu (infill and expansion)
  • Drill hole 30-1092
    • 331.5 metres averaging 0.37% Cu (expansion)
  • Drill hole 30-1095
    • 309.5 metres averaging 0.26% Cu (infill)
  • Drill hole 30-1098
    • 115.0 metres averaging 0.29% Cu (infill)
    • 124.5 metres averaging 0.20% Cu (expansion)
  • Drill hole 30-1099
    • 614.7 metres averaging 0.23% Cu (infill and expansion)
  • Drill hole 30-0872
    • 92.1 metres averaging 0.24% Cu (expansion)
    • 47.2 metres averaging 1.14% Cu (expansion)

Table 1: Infill and Expansion Drilling Results

DDH No. From (m) To (m) Length (m) Cu % Ag g/t Mo % CuEq* Type**
30-0872 167.6 259.7 92.1 0.24 3.05 0.25 Expansion
And 342.0 389.2 47.2 1.14 11.84 1.22 Expansion
30-1085 3.0 222.0 219.0 0.41 2.79 0.44 Infill
And 355.5 1110 754.5 0.24 1.63 0.019 0.32 Both
(including) 355.5 763.3 407.8 0.21 1.49 0.020 0.30 Infill
(including) 763.3 1110.0 346.7 0.27 1.79 0.019 0.36 Expansion
30-1092 15.0 346.5 331.5 0.37 3.21 0.39 Expansion
30-1095 15.0 43.0 28.0 0.22 1.75 0.23 Infill
And 57.0 366.5 309.5 0.26 2.11 0.007 0.30 Infill
And 425.9 482.0 56.1 0.23 1.70 0.24 Expansion
And 524.7 550.5 21.9 0.42 2.04 0.43 Expansion
30-1096 27.0 78.0 51.0 0.21 1.40 0.22 Infill
And 129.0 177.0 48.0 0.17 1.20 0.18 Infill
And 331.5 1062.2 730.7 0.29 1.60 0.032 0.42 Both
(including) 331.5 727.5 396.0 0.21 1.45 0.032 0.34 Infill
(including) 727.5 1062.2 334.7 0.39 1.79 0.032 0.52 Expansion
30-1098 36.0 141.0 104.5 0.20 2.25 0.21 Infill
And 255.0 288.0 33.0 0.21 1.18 0.22 Infill
And 330.0 445.5 115.0 0.29 2.18 0.017 0.36 Infill
And 606.0 730.5 124.5 0.20 1.57 0.014 0.26 Expansion
And 753.0 813.0 60.0 0.35 2.88 0.006 0.39 Expansion
30-1099 31.5 66.0 34.5 0.22 1.08 0.23 Infill
And 105.3 720.0 614.7 0.23 1.59 0.016 0.30 Both
(including) 105.3 578.0 472.7 0.23 1.61 0.017 0.30 Infill
(including) 578.0 720.0 142.0 0.23 1.52 0.015 0.30 Expansion
And 862.2 1000.5 138.0 0.13 1.01 0.028 0.24 Expansion

* See explanatory notes below on copper equivalent values and Quality Assurance / Quality Control.
** ‘Both’ indicates drill holes that have contiguous shallower infill as well as deeper expansion intercepts.

Discussion

Drill hole 30-0872 was an old Noranda hole from the 1990s from which core was recovered and analyzed. The hole is located 440 metres south of the southern limit of 2024 MRE model and returned 92.1 metres averaging 0.24% Cu and 3.05 g/t Ag followed by a higher grade second intercept of 47.2 metres averaging 1.14% Cu and 11.8 g/t Ag (at the level of the C Zone skarn horizon), extending mineralization to a vertical depth of 390 metres. The first intercept starts at a depth of 168 metres and the overlying stratigraphy (Indian Cove hornfels) is unmineralized, but this waste material may be included as necessary strip in the next Whittle pit shell.

Drill hole 30-1085, located on top of Copper Mountain near the central part of the 2024 MRE model, intersected 219.0 metres averaging 0.41% Cu and 2.79 g/t Ag (infill), followed by a second intercept (starting 130 metres deeper) of 754.5 metres averaging 0.24% Cu, 1.63 g/t Ag and 0.019% Mo (both infill and expansion at depth).This hole extends mineralization near the centre of the deposit to a vertical depth of 1110 metres.

Drill hole 30-1092 is located 230 metres south of the southern limit of 2024 MRE model and returned 331.5 metres averaging 0.37% Cu and 3.21 g/t Ag (from surface down to the P4 stratigraphic level below the C Zone). This hole is located approximately 15 metres west of previously-reported hole 30-1067, which had failed to drill through a pillar of the B Zone.

Drill hole 30-1095, located in the south-central part of the 2024 MRE model, intersected 309.5 metres averaging 0.26% Cu and 2.11 g/t Ag (infill). This was followed by 56.1 metres averaging 0.23% Cu and 1.70 g/t Ag and then by another 21.9 metres averaging 0.42% Cu and 2.04 g/t Ag (both expansion), extending mineralization to a vertical depth of 550 metres.

Drill hole 30-1096, located in the central part of the 2024 MRE model, intersected two short (51 and 48 metre-long) mineralized zones, followed by 730.7 metres averaging 0.29% Cu, 1.60 g/t Ag, and 0.032% Mo (0.42% CuEq). The latter includes an expansion lower intercept, below the base of the 2024 MRE model, of 334.7 metres averaging 0.39% Cu, 1.79 g/t Ag, and 0.032% Mo (0.52% CuEq). This hole extends mineralization to a vertical depth of 1062 metres.

Drill hole 30-1098, located near the western margin of the 2024 MRE model, intersected 104.5 metres averaging 0.20% Cu and 2.25 g/t Ag (infill), followed by 115.0 metres averaging 0.29% Cu and 2.18 g/t Ag (infill). This was followed by 124.0 metres averaging 0.20% Cu and 1.57 g/t Ag and then by another 60.0 metres averaging 0.35% Cu and 2.88 g/t Ag (both expansion), extending mineralization to a vertical depth of 813 metres.

Drill hole 30-1099, located near the central part of the 2024 MRE model, adjacent to the Copper Mountain pit, intersected a short (34-metre-long) mineralized zone followed by 614.7 metres averaging 0.23% Cu, 1.59 g/t Ag, and 0.016% Mo (both infill and expansion), followed by a third intersection of 138 metres that averaged 0.13% Cu, 1.01 g/t Ag, and 0.028% Mo (expansion), extending mineralization in the porphyry core of the deposit to a vertical depth of 1000 metres.

Mineralization at Gaspé Copper is of porphyry copper/skarn type and occurs as disseminations and stockworks of chalcopyrite with pyrite or pyrrhotite and minor bornite and molybdenite. At least five retrograde vein/stockwork mineralizing events have been recognized at Copper Mountain, which overprint earlier prograde skarn and porcellanite-hosted mineralization throughout the Gaspé Copper system. Porcellanite is a historical mining term used to describe bleached, pale green to white potassic-altered hornfels. Subvertical stockwork mineralization dominates at Copper Mountain whereas prograde bedding-replacement mineralization, that is mostly stratigraphically controlled, dominates in the area of Needle Mountain, Needle East, and Copper Brook. High molybdenum grades (up to 0.5% Mo) were locally obtained in both the C Zone and E Zone skarns away from Copper Mountain.

The 2022 to 2024 Osisko Metals drill programs were focused on defining open-pit resources within the Copper Mountain stockwork mineralization ( see May 6, 2024 MRE press release ). Extending the resource model south of Copper Mountain into the poorly-drilled prograde skarn/porcellanite portion of the system subsequently led to a significantly increased resource, mostly in the Inferred category ( see November 14, 2024 MRE press release ).

The current drill program is designed to convert the November 2024 MRE to Measured and Indicated categories, as well as test the expansion of the system deeper into the stratigraphy and laterally to the south and southwest towards Needle East and Needle Mountain respectively. The November 2024 MRE was limited at depth to the base of the L1 skarn horizon (C Zone), and all mineralized intersections below this horizon represent potential depth extensions to the deposit, to be included in the next scheduled MRE update in Q1 2026.

All holes are being drilled sub-vertically into the altered calcareous stratigraphy which dips 20 to 25 degrees to the north. The L1 (C Zone) the L2 (E Zone) skarn/marble horizons were intersected in most holes, as well as intervening porcellanites that host the bulk of the disseminated copper mineralization.

Table 2: Drill hole locations

DDH No. Azimuth (°) Dip (°) Length (m) UTM E UTM N Elevation
30-0872 0.00 -90.00 594.3 316531.1 5425181.2 706.3
30-1085 0.00 -90.00 1110.0 316020.0 5426400.0 742.5
30-1092 0.00 -90.00 741.0 316342.0 5425425.0 609.0
30-1095 0.00 -90.00 696.0 316409.1 5425733.0 572.8
30-1096 0.00 -90.00 1069.0 316198.0 5426305.0 753.3
30-1098 0.00 -90.00 861.0 316034.0 5425948.0 600.5
30-1099 0.00 -90.00 1041.0 315700.0 5426462.0 603.7

Explanatory note regarding copper-equivalent grades

Copper Equivalent grades are expressed for purposes of simplicity and are calculated taking into account: 1) metal grades; 2) estimated long-term prices of metals: US$4.25/lb copper, $20.00/lb molybdenum and US$24/oz silver; 3) estimated recoveries of 92%, 70% and 70% for Cu, Mo and Ag respectively; and 4) net smelter return value of metals as percentage of the price, estimated at 86.5%, 90.7% and 75.0% for Cu, Mo and Ag respectively.

Qualified Person

The scientific and technical content of this news release has been reviewed and approved by Mr. Bernard-Olivier Martel, P. Geo. (OGQ 492), an independent ‘qualified person’ as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects (‘NI 43-101’).

Quality Assurance / Quality Control

Mineralized intervals reported herein are calculated using an average 0.12% CuEq lower cut-off over contiguous 20-metre intersections (shorter intervals as the case may be at the upper and lower limits of reported intervals). Intervals of 20 metres or less are not reported unless indicating significantly higher grades . True widths are estimated at 90 – 92% of the reported core length intervals.

Osisko Metals adheres to a strict QA/QC program for core handling, sampling, sample transportation and analyses, including insertion of blanks and standards in the sample stream. Drill core is drilled in HQ or NQ diameter and securely transported to its core processing facility on site, where it is logged, cut and sampled. Samples selected for assay are sealed and shipped to ALS Canada Ltd.’s preparation facility in Sudbury. Sample preparation details (code PREP-31DH) are available on the ALS Canada website. Pulps are analyzed at the ALS Canada Ltd. facility in North Vancouver, BC. All samples are analyzed by four acid digestion followed by both ICP-AES and ICP-MS for Cu, Mo and Ag.

Option Grant

The Company announces that, effective August 12, 2025, it has granted to an employee of the Company an aggregate of 125,000 stock options (‘Options’) pursuant to the Osisko Metals omnibus equity incentive plan.

The Options have an exercise price of $0.44 per share and a five-year term from the date of grant, and vest annually in equal thirds beginning on the first anniversary of the date of grant.

About Osisko Metals

Osisko Metals Incorporated is a Canadian exploration and development company creating value in the critical metals sector, with a focus on copper and zinc. The Company acquired a 100% interest in the past-producing Gaspé Copper mine from Glencore Canada Corporation in July 2023. The Gaspé Copper mine is located near Murdochville in Québec ‘ s Gaspé Peninsula. The Company is currently focused on resource expansion of the Gaspé Copper system, with current Indicated Mineral Resources of 824 Mt averaging 0.34% CuEq and Inferred Mineral Resources of 670 Mt averaging 0.38% CuEq (in compliance with NI 43-101). For more information, see Osisko Metals’ November 14, 2024 news release entitled ‘Osisko Metals Announces Significant Increase in Mineral Resource at Gaspé Copper’. Gaspé Copper hosts the largest undeveloped copper resource in eastern North America, strategically located near existing infrastructure in the mining-friendly province of Québec.

In addition to the Gaspé Copper project, the Company is working with Appian Capital Advisory LLP through the Pine Point Mining Limited joint venture to advance one of Canada ‘ s largest past-producing zinc mining camps, the Pine Point project, located in the Northwest Territories. The current mineral resource estimate for the Pine Point project consists of Indicated Mineral Resources of 49.5 Mt averaging 5.52% ZnEq and Inferred Mineral Resources of 8.3 Mt averaging 5.64% ZnEq (in compliance with NI 43-101). For more information, see Osisko Metals ‘ June 25, 2024 news release entitled ‘Osisko Metals releases Pine Point mineral resource estimate: 49.5 million tonnes of indicated resources at 5.52% ZnEq’. The Pine Point project is located on the south shore of Great Slave Lake, NWT, close to infrastructure, with paved road access, an electrical substation and 100 kilometers of viable haul roads.

For further information on this news release, visit www.osiskometals.com or contact:

Don Njegovan, President
Email: info@osiskometals.com
Phone: (416) 500-4129

Cautionary Statement on Forward-Looking Information

This news release contains ‘forward-looking information’ within the meaning of applicable Canadian securities legislation based on expectations, estimates and projections as at the date of this news release. Any statement that involves predictions, expectations, interpretations, beliefs, plans, projections, objectives, assumptions, future events or performance (often, but not always, using phrases such as ‘expects’, or ‘does not expect’, ‘is expected’, ‘interpreted’, ‘management’s view’, ‘anticipates’ or ‘does not anticipate’, ‘plans’, ‘budget’, ‘scheduled’, ‘forecasts’, ‘estimates’, ‘potential’, ‘feasibility’, ‘believes’ or ‘intends’ or variations of such words and phrases or stating that certain actions, events or results ‘may’ or ‘could’, ‘would’, ‘might’ or ‘will’ be taken, occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information. This news release contains forward-looking information pertaining to, among other things: the tax treatment of the FT Units; the timing of incurring the Qualifying Expenditures and the renunciation of the Qualifying Expenditures; the ability to advance Gaspé Copper to a construction decision (if at all); the ability to increase the Company’s trading liquidity and enhance its capital markets presence; the potential re-rating of the Company; the ability for the Company to unlock the full potential of its assets and achieve success; the ability for the Company to create value for its shareholders; the advancement of the Pine Point project; the anticipated resource expansion of the Gaspé Copper system and Gaspé Copper hosting the largest undeveloped copper resource in eastern North America.

Forward-looking information is not a guarantee of future performance and is based upon a number of estimates and assumptions of management, in light of management’s experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances, including, without limitation, assumptions about: the ability of exploration results, including drilling, to accurately predict mineralization; errors in geological modelling; insufficient data; equity and debt capital markets; future spot prices of copper and zinc; the timing and results of exploration and drilling programs; the accuracy of mineral resource estimates; production costs; political and regulatory stability; the receipt of governmental and third party approvals; licenses and permits being received on favourable terms; sustained labour stability; stability in financial and capital markets; availability of mining equipment and positive relations with local communities and groups. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Factors that could cause actual results to differ materially from such forward-looking information are set out in the Company’s public disclosure record on SEDAR+ (www.sedarplus.ca) under Osisko Metals’ issuer profile. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

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

Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/f12ebf89-5e37-4f45-86a2-3476365db1e2
https://www.globenewswire.com/NewsRoom/AttachmentNg/2a67e753-d0a2-4e74-8717-d7ee5bf555b7

News Provided by GlobeNewswire via QuoteMedia

This post appeared first on investingnews.com

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Venezuela human rights hit new low as US puts $50M bounty on Maduro’s head: State Department

Politics 3 Mins Read

The U.S. State Department’s annual human rights report delivered a grim assessment of conditions in Venezuela, declaring that human rights have fallen to a new low following reports of widespread abuses and state-sanctioned repression, particularly after the July 2024 presidential election when Nicolás Maduro clung to power. 

‘The human rights situation in Venezuela significantly worsened,’ the report reads. ‘Throughout the year, and particularly after the July 28 [2024] presidential election, Nicolás Maduro and his representatives engaged in serious human rights abuses, reaching a new milestone in the degradation of the rule of law’ after the election, according to the U.N. Independent International fact-finding mission on the country in September.

According to the most recent State Department report, credible evidence indicates a dramatic escalation in arbitrary or unlawful killings, disappearances, torture and harsh prison conditions. NGOs and U.N. observers documented extensive restrictions on freedom of expression, with journalists and human rights defenders facing arrests, harassment and censorship. The judiciary remained deeply compromised — unable or unwilling to hold perpetrators accountable for abuses.

The report noted that the United Nations International Fact Finding Mission stated at least 25 people were killed in the first days following the July 2024 elections, including two children. 

Pro-Maduro leaders ‘harassed and intimidated privately-owned and democratic opposition-oriented television stations, media outlets, and journalists’ through threats, property seizures and prosecutions.

The sweeping report, which will go public Tuesday afternoon, also calls out Brazil and South America for human rights abuses. 

In a parallel diplomatic maneuver, the U.S. Department of Justice, backed by the State Department, significantly increased the reward for Maduro’s capture from $25 million to $50 million. Attorney General Pam Bondi accused Maduro of leading one of the world’s most notorious narco-trafficking operations, including associations with the Tren de Aragua, Sinaloa cartel and the infamous Cartel of the Suns. The Drug Enforcement Administration has reportedly seized 30 tons of cocaine linked to Maduro and his allies, with nearly seven tons directly tied to him.

This nullified the previous reward levels — $15 million initially set during Trump’s first term, later raised to $25 million under the Biden administration. Venezuela’s foreign ministry dismissed the bounty as a ‘political propaganda operation.’

The State Department report highlights an alarming absence of credible efforts by Venezuelan authorities to investigate or prosecute those responsible for human rights violations. Security forces, including the military, police, and colectivos — pro-Maduro armed groups — were repeatedly implicated in abuses, yet the justice system remained ineffective, allowing a culture of impunity to flourish.

Maduro was indicted in Manhattan court in 2020, during the first Trump administration, on narco-terrorism charges. 

The dictatorial Venezuelan leader held onto power after the 2024 presidential election where the U.S. and much of Europe recognized his opposition as Venezuela’s duly elected president.

This post appeared first on FOX NEWS

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Feds unseal charges against ‘Barbecue,’ Haitian gang leader with $5M bounty on his head

Politics 4 Mins Read

U.S. Attorney Jeanine Pirro on Tuesday announced an indictment in Washington, D.C., accusing Jimmy ‘Barbecue’ Chérizier and Bazile Richardson, a naturalized U.S. citizen, of conspiring to send U.S. funds to finance Chérizier’s Haitian gang.

The Department of Justice (DOJ) said Chérizier is a fugitive and is believed to be in Haiti.

His co-defendant, Richardson, who also goes by ‘Fredo,’ ‘Fred Lion,’ ‘Leo Danger,’ and ‘Lepe Blode,’ was arrested in Pasadena, Texas on July 23. 

Pirro said Tuesday that Chérizier is a gang leader who orchestrated and committed various acts of violence against Haitians.

In 2020, the U.S. sanctioned Chérizier under the Magnitsky Act for his alleged human rights violations. His indictment makes it the first of its kind for an individual sanctioned under the international Magnitsky Human Rights Accountability Act, Pirro added.

Richardson and Chérizier grew up together in Haiti, though the former later became a naturalized U.S. citizen and was living in North Carolina.

Richardson was indicted for allegedly sending money to Chérizier, knowing that he had been sanctioned under the Magnitsky Act.

‘I want to let the public know that anyone who was giving money to Chérizier, also known as Barbecue, because of his violent acts in his home country, cannot say ‘I didn’t know. I didn’t know that he was sanctioned by the U.S government,’’ Pirro said. ‘They will be prosecuted, and we will find them because they are supporting an individual who was committing human rights abuses. And we will not look the other way.’

The State Department’s Transnational Organized Crime Rewards Program announced Tuesday that it is offering a reward of up to $5 million for information leading to the arrest or conviction of Chérizier. Anyone with information about his whereabouts is encouraged to contact the State Department.

‘There’s a good reason that there’s a $5 million reward for information leading to Chérizier’s arrest. He’s a gang leader responsible for heinous human rights abuses, including violence against American citizens in Haiti,’ Pirro said. ‘The U.S. government sanctioned Chérizier in 2020 because he was responsible for an ongoing campaign of violence, including the 2018 La Saline massacre, in which 71 people were killed, more than 400 houses were destroyed, and at least seven women raped by armed gangs.’

Court documents show that Chérizier is a former officer in the Haitian National Police and leader of a gang known as the Revolutionary Forces of the G9 Family and Allies, which helped create a gang alliance called Viv Ansanm. The alliance united many of Haiti’s criminal gangs in opposition to the legitimate government of Haiti.

The indictment alleges Chérizier and Richardson, after Chérizier was sanctioned, led a wide-ranging conspiracy with people in the U.S., Haiti and other places to raise money for Chérizier’s gang activities, in violation of the sanctions.

Specifically, the two men solicited money from members of the Haitian diaspora in the U.S.

‘After sending funds to intermediaries in Haiti for Chérizier’s benefit, the U.S. and Haitian co-conspirators would send Chérizier images of receipts from money transfers,’ the DOJ said. ‘Chérizier used these funds principally to pay salaries to the members of his gang and to acquire firearms from illicit firearms dealers in Haiti.’

The Trump administration, in May, designated Viv Ansanm and Gran Grif – two of Haiti’s most powerful gang networks – as foreign terrorist organizations and specifically designated terrorists.

The move was aimed at disrupting the gangs’ operations and supporting efforts to restore order in the troubled Caribbean nation.

The designations brought serious legal consequences. Individuals or entities that provide material support to Viv Ansanm or Gran Grif could face criminal charges, loss of immigration benefits or removal from the U.S.

This post appeared first on FOX NEWS

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