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  • Editor’s Picks: Gold Sets New Price Record, Silver Hits 14 Year High

    Editor’s Picks: Gold Sets New Price Record, Silver Hits 14 Year High

    It’s been a historic week for precious metals, with gold nearly hitting the US$3,600 per ounce mark, and silver passing US$41 per ounce for the first time since 2011.

    The gold price spent the summer in a consolidation phase, and part of what’s spurring its latest move is expectations that the US Federal Reserve will lower interest rates at its next meeting.

    The central bank has held rates steady since December 2024, even as President Donald Trump places increasing pressure on Fed Chair Jerome Powell to cut.

    Powell’s August 22 speech in Jackson Hole, Wyoming, began stoking anticipation of a cut, and August US jobs data, released on Friday (September 5), has all but guaranteed it will happen.

    Non-farm payrolls were up by 22,000, significantly lower than the 75,000 expected by economists. Meanwhile, the country’s unemployment rate came in at 4.3 percent.

    CME Group’s (NASDAQ:CME) FedWatch tool now shows a 90.2 percent probability of a 25 basis point rate cut in September, with a 9.8 percent probability of a 50 basis point reduction.

    Bond market turmoil also helped move the gold price this week.

    Yields for 30 year US bonds rose to nearly 5 percent midway through the period, their highest level since mid-July, on the back of a variety of concerns, including tariffs, inflation and Fed independence.

    Globally the situation was even more tumultuous, with 30 year UK bond yields reaching their highest point since 1998; meanwhile, 30 year bond yields for German, French and Dutch bonds rose to levels not seen since 2011. In Japan, 30 year bond yields hit a record high.

    Tariff developments have also created uncertainty this past week.

    After an appeals court upheld a ruling that many of Trump’s tariffs are illegal, the president’s administration asked the Supreme Court to fast track its review of the decision.

    Going back to gold and silver, their recent price activity is certainly raising questions about what’s next. The broad consensus among the experts focused on the sector is positive, but the metals are beginning to get more mainstream attention too.

    Notably, investment bank Goldman Sachs (NYSE:GS) now has a gold price prediction of US$4,000 by mid-2026, although the firm notes that the yellow metal could rise to nearly US$5,000 if just 1 percent of private investors shift from treasuries to gold.

    ‘If 1 per cent of the privately owned US Treasury market were to flow to gold, the gold price would rise to nearly $5,000 per troy ounce’ — Daan Struyven, Goldman Sachs

    Bullet briefing — Hoffman on gold, Hathaway on silver

    It’s been a short week, at least in North America, so instead of the usual news stories this bullet briefing will highlight a couple of my favorite recent interviews.

    Nothing in gold’s path

    First is Ken Hoffman of Red Cloud Securities. It was my first time speaking with Hoffman, and he made a compelling case for how gold could get to US$10,000.

    Watch the full interview with Hoffman above.

    Silver a ‘smouldering volcano’

    Next is John Hathaway of Sprott. He shared what he thinks will be the trigger for gold’s next move higher — a major decline in equities — but he also discussed his bullish outlook on silver, which moved past US$40 not long after our interview.

    Watch the full interview with Hathaway above.

    We’re definitely entering uncharted territory right now, and I want to make sure I bring you commentary from the experts you want to hear from — drop a comment below to let me know who you’d like me to talk to, and also what questions you have.

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

    This post appeared first on investingnews.com

  • MIKE DAVIS: Impeachment time for Trump-hating renegade Judge Boasberg

    MIKE DAVIS: Impeachment time for Trump-hating renegade Judge Boasberg

    Just over a year ago, Matthew Thomas Crooks nearly blew off President Trump’s head at a rally in Butler, Pennsylvania. Only by the grace of God did Crooks’ bullets miss their target by millimeters because President Trump had turned his head ever so slightly to look at an immigration chart. Crooks did manage to murder a rallygoer and seriously wound two others before the Secret Service killed him. Just under a year ago, Ryan Wesley Routh took his shot at President Trump, establishing a sniper’s nest at the Doral golf course where he knew the president would play later that day. Routh was a hole ahead of Trump when Secret Service agents spotted him. A gun battle followed, and Routh escaped, yet he was captured 50 miles away. He now sits in jail awaiting trial before Aileen Cannon, a superb federal judge.

    While Cannon epitomizes the gold standard of the federal judiciary, Obama-appointed D.C. Chief District Judge Jeb Boasberg represents the garbage standard. Throughout the January 6 saga, Boasberg had no problem keeping defendants—even nonviolent ones—locked up before their trials, in part based on social media posts. He let off disgraced former FBI lawyer Kevin Clinesmith with probation after Clinesmith had altered an email to secure a surveillance warrant against former Trump campaign official Carter Page. Boasberg claimed that Clinesmith would receive punishment from the disciplinary authorities (the D.C. Bar) in the form of possible disbarment; yet, Clinesmith kept his license. Then, Boasberg made clear early in the second Trump administration that he was itching for a fight, expressing his baseless concern to Chief Justice John Roberts that President Trump and his subordinates would violate court orders.

    This March, Boasberg instigated the fight he had longed for when he illegally ordered planes full of Tren de Aragua terrorists and vicious MS-13 gang members to turn around after they had departed for Honduras and El Salvador. This was an ongoing military operation. The planes would have been in danger trying to fly back over the Gulf of America with minimal fuel. Additionally, there were not the appropriate security resources in place in the United States to deal with the return of hundreds of foreign terrorists and violent gang members, unlike the situation in El Salvador and Honduras where the proper resources were in place. The planes did not turn around, and Boasberg ‘found’ probable cause to hold administration officials in contempt. A D.C. Circuit panel reversed; yet, Boasberg, undaunted by the smackdown he had received, mused at a hearing about disciplinary proceedings against Trump Justice Department lawyers before the jurisdictions in which they hold law licenses.

    This past week, Boasberg has outdone himself. Nathalie Rose Jones is a nutcase from Indiana who is staying in New York City. She thinks that President Trump is a Nazi and a terrorist, and she blames him for the deaths caused by the coronavirus. Earlier this month, Jones posted on Facebook that ‘I am willing to sacrificially kill this POTUS by disemboweling him and cutting out his trachea with [former] U.S. Representative] Liz Cheney and all the affirmation present.’ Jones then told the Secret Service that she would kill President Trump at ‘the compound’ (presumably the White House) if she had to and that she had a bladed object to accomplish her ghastly goal. The next day, law enforcement arrested Jones at a protest that had begun at Dupont Circle and wound up near the White House.

    A magistrate judge correctly ordered Jones detained without bail. It is hard to imagine a clearer case of someone who poses a danger, but Jones found an ally: Boasberg. He decided to send Jones back to New York with an ankle bracelet, and he ordered her to see a shrink. Boasberg found the case hard because Jones had not brought a gun. Never mind that Jones had referred to a bladed object that she had somewhere ready to kill President Trump. Never mind that guns are easy to procure, even for convicted felons who are prohibited from possessing them by federal law. Never mind that Jones could have returned to the White House at any time after the day that she showed up without a gun. Francisco Martin Duran, a former Army sergeant, gave no warnings before he showed up at the White House early in President Clinton’s first term and fired off dozens of shots outside the gate. These maniacs often strike without warning, as Crooks and Routh also did. Jones has telegraphed what she wants to do to President Trump, and still it is not enough for Boasberg.

    Boasberg has established a pattern of utterly horrific judgment. After his illegal order in March, Congressman Brandon Gill of Texas filed an article of impeachment. It is time to move forward with that article—and add to it based on the Jones farce, as well as the revelation of Boasberg’s grossly improper comments to Chief Justice Roberts. President Trump is only alive thanks to divine intervention; a millimeter and a millisecond could have changed the course of history.

    CLICK HERE TO DOWNLOAD THE FOX NEWS APP

    Reckless robed partisans like Boasberg, however, do not appear to care about the danger the president faces.

    Trump-deranged judge refuse to accept that he won the election, and they have put up roadblock after roadblock in an appalling effort to overturn the will of American voters. The disgrace of the Jones case is just the latest example. The time has come for the House to exercise its core Article I power and use a legal tool to curtail these judges: impeachment.

    This post appeared first on FOX NEWS

  • Mortgage rates see biggest one-day drop in over a year

    Mortgage rates see biggest one-day drop in over a year

    The average rate on the 30-year fixed mortgage dropped 16 basis points to 6.29% Friday, according to Mortgage News Daily, following the release of a weaker-than-expected August employment report.

    It’s the lowest rate since Oct. 3 and the biggest one-day drop since August 2024. Rates are finally breaking out of the high 6% range, where they’ve been stuck for months.

    “This was a pretty straightforward reaction to a hotly anticipated jobs report,” said Mortgage News Daily Chief Operating Officer Matt Graham. “It’s a good reminder that the market gets to decide what matters in terms of economic data, and the bond market has a clear voting record that suggests the jobs report is always the biggest potential source of volatility for rates.”

    Graham said in a post on X that many lenders are “priced better” than Oct. 3 and would be quoting in the high 5% range.

    The drop is a major change from May, when the rate on the 30-year fixed peaked at 7.08%. It’s big for buyers out shopping for a home today, especially given high home prices.

    Take, for example, someone purchasing a $450,000 home, which is just above August’s national median price, using a 30-year fixed mortgage with a 20% down payment. Not including taxes or insurance, the monthly payment at 7% would be $2,395. At 6.29%, that payment would be $2,226, a difference of $169 per month.

    That might not sound like a lot to some, but it can mean the difference in not just affording a home, but qualifying for a mortgage.

    Homebuilder stocks reacted favorably Friday, with names like Lennar, DR Horton and Pulte all up roughly 3% midday. Homebuilding ETF ITB has been running hot for the last month as rates slowly moved lower. It’s up close to 13% in the past month.

    The big question is whether the drop in rates will be enough to get homebuyers back in the market.

    Mortgage demand from homebuyers, an early indicator, have yet to respond to gradually improving rates. Applications for a mortgage to purchase a home last week were 6.6% lower from four weeks before, according to the Mortgage Bankers Association.

    “Homebuyers grapple with a lack of affordability, sellers contend with more competition, and builders deal with lower buyer demand,” Danielle Hale, chief economist at Realtor.com, said Friday in a statement after the release of the August employment report. “These conditions haven’t spelled catastrophe, but have created a cruel summer for the housing market.”

    Some analysts have argued that buyers need to see mortgage rates in the 5% range before it really makes a difference. Home prices remain stubbornly high, and while the gains have definitely cooled, they are not yet coming down on a national level. In addition, uncertainty about the state of the economy and the job market has left many would-be buyers on the sidelines.

    This post appeared first on NBC NEWS

  • Altech Batteries LtdBearer Bond Funds Received

    Altech Batteries LtdBearer Bond Funds Received

    Perth, Australia (ABN Newswire) – Altech Batteries Limited (ASX:ATC,OTC:ALTHF) (FRA:A3Y) (OTCMKTS:ALTHF) is pleased to announce that it has received EUR1M in funds from the remaining Bearer Bond facility in place with major shareholder Deutsche Balaton. The original facility was for EUR2.5M and this has now been adjusted by mutual agreement to EUR2M. The full EUR2M has now been drawn down.

    As announced to the ASX on 25 March 2025, the Company advised that it is in the process of selling its Malaysian land to help fund the ongoing development of the CERENERGY(R) battery project and the Silumina Anodes(TM) battery materials project, as well as to support general working capital requirements.

    The Company also announced that it had entered into a binding Bond Note Subscription Deed with its major shareholder Deutsche Balaton AG, under which Altech could drawdown up to EUR2.5M in cash in the form of interest-bearing Bearer Bonds.

    As the Bond Note Subscription Deed involved the Company granting a security interest over the Company’s Malaysian land, shareholder approval was required. The Company convened a General Meeting on 13 May 2025 and shareholders approved all Resolutions put to the General Meeting. The Company then applied to have the Malaysian land security registered with the relevant land authority, being Johor Corp. Although there were no laws or regulations precluding Johor Corp from registering the land security, it considered Deutsche Balaton AG a ‘non-lending foreign entity’ and advised that accordingly it was not comfortable in registering the land security.

    The Company’s wholly owned subsidiary Altech Chemicals Sdn. Bhd. is the holder of the lease agreement over the Malaysian land. The only asset of value within Altech Chemicals Sdn. Bhd. is the lease agreement over the Malaysian land. In order to provide the security to Deutsche Balaton AG so as to drawdown the Bearer Bonds, the Company enforced security over the shares of Altech Chemicals Sdn. Bhd. in favour of Deutsche Balaton AG in lieu of the land security.

    On 20 August 2025, the Company’s wholly owned subsidiary Altech Chemicals Australia Pty Ltd (shareholder of Altech Chemicals Sdn. Bhd.) executed a Share Charge with Deutsche Balaton AG in connection with the Bond Note Subscription Deed. Pursuant to the Share Charge, Altech Chemicals Australia Pty Ltd has offered as a continuing Security for the due and punctual payment of all the requirements of the Bond Note Subscription Deed, charged all its rights, title and interest to all of the shares held in Altech Chemicals Sdn. Bhd. in favour of Deutsche Balaton AG. The Security is a continuing security and will extend to the ultimate balance of the due and punctual payment of all the requirements of the Bond Note Subscription Deed.

    On 20 August 2025, the Company executed an Amendment Deed to the Bond Note Subscription Deed. Under the terms of the Amendment Deed, the agreed amount of bonds available to be drawdown was reduced from EUR2.5M to EUR2.0M. Additionally, the Company’s Meckering land was offered as additional security for the due and punctual payment of all the requirements of the Bond Note Subscription Deed.

    Altech Meckering Pty Ltd, the Company’s wholly owned subsidiary and holder of the Meckering land, has entered into a mortgage over the Meckering Land in favour of Deutsche Balaton AG as a continuing Security for the due and punctual payment of all the requirements of the Bond Note Subscription Deed.

    About Altech Batteries Ltd:

    Altech Batteries Limited (ASX:ATC,OTC:ALTHF) (FRA:A3Y) is a specialty battery technology company that has a joint venture agreement with world leading German battery institute Fraunhofer IKTS (‘Fraunhofer’) to commercialise the revolutionary CERENERGY(R) Sodium Alumina Solid State (SAS) Battery. CERENERGY(R) batteries are the game-changing alternative to lithium-ion batteries. CERENERGY(R) batteries are fire and explosion-proof; have a life span of more than 15 years and operate in extreme cold and desert climates. The battery technology uses table salt and is lithium-free; cobalt-free; graphite-free; and copper-free, eliminating exposure to critical metal price rises and supply chain concerns.

    The joint venture is commercialising its CERENERGY(R) battery, with plans to construct a 100MWh production facility on Altech’s land in Saxony, Germany. The facility intends to produce CERENERGY(R) battery modules to provide grid storage solutions to the market.

    Source:
    Altech Batteries Ltd

    Contact:
    Corporate
    Iggy Tan
    Managing Director
    Altech Batteries Limited
    Tel: +61-8-6168-1555
    Email: info@altechgroup.com

    Martin Stein
    Chief Financial Officer
    Altech Batteries Limited
    Tel: +61-8-6168-1555
    Email: info@altechgroup.com

    News Provided by ABN Newswire via QuoteMedia

    This post appeared first on investingnews.com

  • Trump’s midterm convention is the seismic shift that will reshape America

    Trump’s midterm convention is the seismic shift that will reshape America

    President Donald Trump has never played by the stale rules of Washington and Americans are grateful for it. His bold call for a 2026 pre-midterm convention is a political masterstroke that will cement America First policies, energize the Republican base, and ignite Generation Z voters. 

    This convention is a seismic shift that sends a clear message to every politician: fight for the American people or step aside.

    The GOP’s victories, from retaking the White House and strengthening congressional majorities to delivering real wins on border security, tax cuts, a stronger economy and energy independence, set the stage for Trump’s call for a pre-midterm national convention that breaks political tradition. 

    While establishment Republicans cling to fundraising dinners, closed-door sessions and tired speeches that leave voters disengaged, Trump has mastered turning rallies into movements, from the electrifying 2016 campaign that flipped battleground states to the packed arenas of 2024 that reenergized the base. A pre-midterm convention would unite delegates from all 50 states to celebrate achievements, set a clear agenda and ignite voters. 

    The contrast is clear. Conservative values of law and order through Trump’s National Guard blueprint to combat crime, economic freedom that fuels innovation, and family-first policies that honor tradition stand in sharp contrast to Democrat failures, including 9.1% inflation in 2022, open borders that allowed more than 11 million illegals, and foreign policy disasters that emboldened adversaries. 

    By highlighting Republican successes like cutting gas prices through energy independence and appointing judges who defend constitutional rights, this convention would rebuke the Washington elite and prove Republicans deliver results while Democrats deliver excuses.

    Unity is part of the strategy, but this is also a pivotal opportunity to mobilize Gen Z, the 68 million young Americans born between 1997 and 2012 who are increasingly open to conservative policies but need a reason to show up. A midterm convention can be that reason. 

    Their frustration with the Left is clear: sky-high inflation, record crime and the relentless push of woke ideology. The 2025 Harvard Youth Poll found that 75% of young voters believe the country is headed in the wrong direction, with 62% citing a worsening economy under current policies and nearly half naming cost of living such as housing, food and gas as their top concern. A Yale Youth Poll revealed 35% now favor Republicans in the midterms, a notable increase from past cycles. 

    Gen Z does not trust institutions and is disillusioned by political posturing. They crave authenticity while being bombarded by liberal propaganda in schools, on social media and from Hollywood. They see through empty promises of equity, knowing it means higher prices, fewer jobs and more division, with nearly 60% of Gen Z college graduates unemployed compared to just 25% of prior generations. 

    President Trump understands this. A high-energy convention featuring conservative stars like Sen. Josh Hawley, R-Mo., and Rep. Anna Paulina Luna, R-Fla., along with influencers such as Charlie Kirk and Anthony Raimondi, known as Conservative Ant, can deliver messages tailored for TikTok and X. 

    These voices can speak directly to Gen Z’s entrepreneurial spirit with policies that support small business tax cuts, energy independence to cut gas prices and unapologetic defenses of freedom. That spark could boost Gen Z turnout by 10% to 15% in the midterms, making them the GOP’s secret weapon. Failure to capture their energy risks apathy or a drift toward third parties.

    This convention will energize the grassroots and unify the Republican Party. The GOP is already outpacing Democrats in record-breaking fundraising, but a unified front delivers more than dollars. It locks in a clear midterm agenda, quashes internal battles and promises a surge of support as Trump, Vice President JD Vance and other Republican stars deliver high-profile speeches that draw major contributions. 

    By showcasing Republican successes in safety, job growth, lower gas prices and judicial appointments that protect constitutional rights, against Democrat failures like open borders and green energy disasters, the convention will mobilize voters. With the economy rebounding and Trump’s approval rising, it ensures Republicans avoid complacency and secure dominance.

    A midterm convention also challenges GOP lawmakers to deliver results or leave Washington. Voters are demanding accountability, expecting politicians to prove their commitment to the America First agenda by securing the border, cutting red tape and prioritizing American workers, while elevating rising stars who represent the next wave of conservative leadership. This moment is an opportunity to purge establishment Republicans who align with elites and replace them with fighters for the American people, reshaping the future bench of Congress. 

    Meanwhile, Democrats are leaderless and floundering in internal chaos and deeply unpopular policies. A 2025 CNN poll shows that while 72% of Democrats say they are motivated to vote, only 58% view their party favorably, compared to 76% for Republicans. Trump’s call for a midterm convention is another power move that highlights Democratic disarray, exposing their lack of leadership, failed policies and overall weakness.

    Trump’s midterm convention is not just about exposing Democratic failure, it is about building the future of the movement and securing a foundation that lasts for generations. It is now or never for conservatives. 

    A pre-midterm GOP convention led by Trump represents the next chapter in his revolution, timed to capture Gen Z’s openness to conservative ideas. By rallying young voters with authenticity and real solutions to their everyday struggles, amplifying momentum, and holding Republican leaders accountable, this convention can turn frustration into lasting America First policies. 

    The GOP cannot afford to let woke politics or establishment complacency derail America’s future. Seizing this moment ensures 2026 delivers not just a victory but a generational turning point that will shape the direction of this country for decades to come.

    This post appeared first on FOX NEWS

  • Paramount mandates 5-day-a-week return to office ahead of major cost cuts

    Paramount mandates 5-day-a-week return to office ahead of major cost cuts

    David Ellison continues to put his stamp on Paramount after its acquisition by Skydance.

    The CEO and chairman told employees Thursday that they will be expected to work in the office five days a week starting Jan. 5, 2026, according to a memo obtained by CNBC. Employees who do not wish to make the transition can seek a buyout starting Thursday and until Sept. 15.

    “To achieve what we’ve set out to do — and to truly unlock Paramount’s full potential — we must make meaningful changes that position us for long-term success,” Ellison wrote to staffers. “These changes are about building a stronger, more connected, and agile organization that can deliver on our goals and compete at the highest level. We have a lot to accomplish and we’re moving fast. We need to all be rowing in the same direction. And especially when you’re dealing with a creative business like ours, that begins with being together in person.”

    The move could help Paramount thin the herd ahead of looming staffing cuts.

    Variety reported last month that the company is expected to lay off between 2,000 and 3,000 employees as part of its postmerger cost-cutting measures. These cuts are slated for early November, Variety reported.

    Paramount is looking to take $2 billion in costs out of the conglomerate amid advertising losses and industrywide struggles with traditional cable networks.

    Phase one of Ellison’s back-to-work plan will see employees in Los Angeles and New York returning to a full five-day workweek in the new year.

    Phase two will focus on offices outside LA and New York, including international locations. A similar buyout program will be offered in 2026 for those who operate in these locations.

    “We recognize this represents a significant change for many, and we’re committed to supporting you throughout this transition,” Ellison wrote. “We will work closely with managers to ensure you have the time and flexibility to make the necessary adjustments.”

    This post appeared first on NBC NEWS

  • Osisko Intersects 1117.5 Metres Averaging 0.25% Cu at Gaspé

    Osisko Intersects 1117.5 Metres Averaging 0.25% Cu at Gaspé

    Osisko Metals Incorporated (the ‘ Company or ‘ Osisko Metals ‘) ( TSX: OM,OTC:OMZNF ; 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 hole 30-1097 produced our longest intersection so far, returning 1117 metres of continuous mineralization from the top of Copper Mountain, located in the heart of the deposit. With 10 drills on site, we have completed over 65,000 metres of the drill program to date, and will continue the current program of infill and expansion drilling until December. The updated MRE is well on track to be released in Q1 2026. ‘

    New analytical results are presented below (see Table 1), including 19 mineralized intercepts from 6 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 30-1097
      • 1117.5 metres averaging 0.25% Cu (infill and expansion)
    • Drill hole 30-1100
      • 228.5 metres averaging 0.25% Cu (infill and expansion)
    • Drill hole 30-1101
      • 148.5 metres averaging 0.32% Cu (infill)
    • Drill hole 30-1104
      • 792.0 metres averaging 0.20% Cu (infill and expansion)
    • Drill hole 30-1105
      • 110.5 metres averaging 0.20% Cu (infill)
      • 288.0 metres averaging 0.19% Cu (expansion)

    Table 1: Infill and Expansion Drilling Results

    DDH No. From (m) To (m) Length (m) Cu % Ag g/t Mo % CuEq* Type**
    30-1097 87.0 1204.5 1117.5 0.25 1.81 0.022 0.35 Both
    (including) 87.0 778.5 691.5 0.24 2.05 0.019 0.33 Infill
    (including) 778.5 1204.5 426.0 0.27 1.42 0.028 0.38 Expansion
    30-1100 81.0 119.0 38.0 0.15 1.11 0.16 Infill
    And 137.0 180.0 43.0 0.25 1.64 0.013 0.31 Infill
    And 322.5 551.0 228.5 0.25 1.61 0.013 0.31 Both
    And 677.8 805.0 127.2 0.15 0.82 0.012 0.20 Expansion
    And 862.8 974.5 111.7 0.17 1.24 0.010 0.22 Expansion
    30-1101 58.0 111.0 53.0 0.24 5.21 0.27 Infill
    And 156.0 304.5 148.5 0.32 2.52 0.34 Infill
    And 493.5 521.2 27.7 0.36 1.85 0.37 Expansion
    30-1102 516.0 567.0 51.0 0.36 3.62 0.38 Expansion
    And 781.5 858.0 76.5 0.03 0.19 0.077 0.32 Expansion
    And 880.5 930.0 49.5 0.46 2.81 0.48 Expansion
    30-1104 4.5 32.0 27.5 0.12 0.48 0.12 Infill
    And 54.0 85.0 31.0 0.14 0.66 0.14 Infill
    And 177.0 969.0 792.0 0.20 1.33 0.015 0.26 Both
    (including) 177.0 567.5 390.5 0.18 1.49 0.013 0.23 Infill
    (including) 567.5 969.0 401.5 0.22 1.17 0.017 0.29 Expansion
    30-1105 16.0 79.0 63.0 0.19 1.94 0.20 Infill
    And 122.0 232.5 110.5 0.20 1.30 0.21 Infill
    And 261.8 355.5 93.7 0.25 1.72 0.009 0.30 Both
    And 378.0 666.0 288.0 0.19 2.03 0.012 0.25 Expansion

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

    Discussion

    Drill hole 30-1097, located on top of Copper Mountain near the central part of the 2024 MRE model, intersected 1117.5 metres averaging 0.25% Cu, 0.022% Mo, and 1.81 g/t Ag that included expansion at depth of 426.0 metres averaging 0.27% Cu, 0.028% Mo, and 1.42 g/t Ag. This hole extends mineralization near the centre of the deposit to a vertical depth of 1,204 metres.

    Drill hole 30-1100, near the southwestern margin of the 2024 MRE model, intersected five separate mineralized intervals, including 228.5 metres averaging 0.25% Cu, 0.013% Mo, and 1.61 g/t Ag (infill and expansion). This was followed by 127.2 metres averaging 0.15% Cu, 0.012% Mo, and 0.82 g/t Ag and then by another 111.7 metres averaging 0.17% Cu, 0.010% Mo, and 1.24 g/t Ag (both expansion), extending mineralization to a vertical depth of 975 metres.

    Drill holes 30-1101 and 30-1102, both located near the eastern margin of the 2024 MRE model, intersected several, relatively short mineralized intervals that were 27 to 76 metres long, with the exception of one 148.5 metre interval (30-1101) that averaged 0.32% Cu and 2.52 g/t Ag (infill). These holes, along with several other previously reported holes, confirm the currently defined eastern margin of the 2024 MRE model.

    Drill hole 30-1104, located near the west-central portion of the 2024 MRE model, intersected two short (28 and 31 metres) intervals followed by 792.0 metres averaging 0.20% Cu, 0.015% Mo and 1.33 g/t Ag that included expansion at depth of 401.5 metres averaging 0.22% Cu, 0.017% Mo, and 1.17 g/t Ag. This hole extends mineralization in this area to a vertical depth of 969 metres.

    Drill hole 30-1105, located in the southwestern portion of the 2024 MRE model, intersected 110.5 metres averaging 0.20% Cu and 1.30 g/t Ag (infill), followed by 93.7 metres averaging 0.25% Cu and 1.72 g/t Ag (infill and expansion), followed by a third intersection of 288.0 metre averaging 0.19% Cu, 0.012% Mo, and 2.03 g/t Ag (expansion), extending mineralization to a vertical depth of 666 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
    30-1097 0.00 -90.00 1224.0 316150.0 5426416.0 742.3
    30-1100 0.00 -90.00 987.0 315825.0 5426193.0 619.4
    30-1101 0.00 -90.00 592.0 316612.0 5425837.0 593.3
    30-1102 0.00 -90.00 930.0 316595.0 5426284.1 603.7
    30-1104 0.00 -90.00 999.0 315700.0 5426358.0 592.1
    30-1105 0.00 -90.00 819.0 316104.0 5425877.0 586.9


    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.

    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 kilometres 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 Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX 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.

    Figures accompanying this announcement are available at
    https://www.globenewswire.com/NewsRoom/AttachmentNg/d9ceeb48-c38d-45dc-a5ec-f96863709f4a
    https://www.globenewswire.com/NewsRoom/AttachmentNg/2df9a7aa-2f59-4631-b9dc-e4794a30e22b

    News Provided by GlobeNewswire via QuoteMedia

    This post appeared first on investingnews.com

  • Federal judges anonymously criticize Supreme Court for overturning decisions with emergency rulings

    Federal judges anonymously criticize Supreme Court for overturning decisions with emergency rulings

    A group of anonymous federal judges is criticizing the Supreme Court for overturning lower court rulings and siding with President Donald Trump’s administration with little to no explanation, NBC News reported Thursday.

    NBC spoke with 12 federal judges, appointed by Democratic and Republican presidents including Trump, who pointed to a trend of lower court decisions being overturned by emergency rulings from the high court. These cases often see prominent members of Trump’s administration lashing out at lower court judges before their cases are overturned.

    Ten of the 12 judges argued the Supreme Court should offer more explanation when overturning such decisions, saying emergency rulings in such cases imply poor work on the part of lower court judges.

    ‘It is inexcusable,’ one judge said of the Supreme Court. ‘They don’t have our backs.’

    That judge also said they have received death threats for issuing rulings that counter Trump’s agenda. Trump himself and some of his top officials have spoken out against judges issuing unfavorable rulings.

    When Judge James Boasberg sought to block the administration’s deportation flights to El Salvador, Trump argued he should be ‘IMPEACHED’ on social media.

    When various judges issued rulings blocking Trump’s tariff agenda in March, White House deputy chief of staff Stephen Miller argued it was a ‘judicial coup.’

    The judge who described the Supreme Court’s actions as inexcusable predicted that ‘somebody is going to die’ if criticism from top Trump officials continues, according to NBC.

    Another judge said lower courts are being ‘thrown under the bus.’

    ‘It’s almost like the Supreme Court is saying it is a ‘judicial coup,’’ a third judge told the outlet.

    A fourth judge, however, appointed by President Barack Obama, conceded that several judges had been out of line with their rulings against Trump.

    ‘The whole ‘Trump derangement syndrome’ is a real issue. As a result, judges are mad at what Trump is doing or the manner he is going about things; they are sometimes forgetting to stay in their lane,’ that judge said.

    ‘Certainly, there is a strong sense in the judiciary among the judges ruling on these cases that the court is leaving them out to dry,’ the judge continued. ‘They are partially right to feel the way they feel.’

    The Supreme Court’s public information office did not immediately respond to a request for comment from Fox News Digital.

    This post appeared first on FOX NEWS

  • Disney to pay $10 million to settle FTC complaint over collection of children’s data on YouTube

    Disney to pay $10 million to settle FTC complaint over collection of children’s data on YouTube

    The Walt Disney Company will pay $10 million to settle Federal Trade Commission allegations that it enabled the unlawful collection of children’s personal data on YouTube.

    The FTC claimed the company allowed data to be collected from kids who viewed videos directed at children on YouTube without notifying parents or obtaining their consent.

    The complaint alleged that Disney violated the Children’s Online Privacy Protection Rule by not labeling some YouTube videos as being made for children. The agency claimed the company was able to collect data from viewers of child-directed content who were under the age of 13 and use it for targeted advertising.

    In 2019, after a settlement with the FTC, YouTube began requiring content creators to list whether uploaded videos were “made for kids” or “not made for kids.” The designation ensures that personal information is not collected from the “made for kids” videos and personalized ads will not be served to viewers. Comments are also disabled on those videos.

    The proposed settlement would require Disney to pay a $10 million civil penalty, comply with the children’s data protection rule and implement a program to review whether videos posted to YouTube should be designated as “made for kids.”

    “Supporting the well-being and safety of kids and families is at the heart of what we do,” the company said in a statement obtained by CNBC. “This settlement does not involve Disney owned and operated digital platforms but rather is limited to the distribution of some of our content on YouTube’s platform. Disney has a long tradition of embracing the highest standards of compliance with children’s privacy laws, and we remain committed to investing in the tools needed to continue being a leader in this space.”

    Axios was the first to report the settlement.

    This post appeared first on NBC NEWS

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