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Group Eleven Resources Corp. (TSXV: ZNG,OTC:GRLVF) (OTCQB: GRLVF) (FSE: 3GE) (‘Group Eleven’ or the ‘Company’) is pleased to announce the latest two step-out drill holes from its Ballywire discovery (‘Ballywire’) at the 100%-owned PG West Project (‘PG West’), Republic of Ireland.

Highlights:

  • 25-3552-47 (approx. 100m step-out SSE of 25-3552-40, initial test of the Deeper Cu-Ag target; announced 22-Sep-25) intersected four zones of mineralization, including:
    • New Mineralized Zone (South) – Waulsortian Hosted (starting from 313.1m downhole)
    • 20.3m of 2.6% Zn+Pb (1.5% Zn and 1.1% Pb), 6 g/t Ag, including
    • 7.3m of 5.2% Zn+Pb (2.5% Zn and 2.7% Pb), 10 g/t Ag, including
    • 3.8m of 7.3% Zn+Pb (3.7% Zn and 3.6% Pb), 14 g/t Ag, including
    • 1.9m of 10.7% Zn+Pb (5.7% Zn and 5.0% Pb), 19 g/t Ag
    • New Mineralized Zone (South) – Base of Waulsortian (starting from 355.9m downhole)
    • 2.6m of 2.7% Zn+Pb (0.1% Zn and 2.5% Pb) and 19 g/t Ag, including
    • 0.8m of 6.7% Zn+Pb (0.3% Zn and 6.5% Pb) and 37 g/t Ag
    • Deeper Cu-Ag Zone (starting from 490.7m downhole)
    • 11.3m of 0.26% Cu and 8 g/t Ag, including
    • 4.7m of 0.46% Cu and 14 g/t Ag, including
    • 1.8m of 0.83% Cu and 24 g/t Ag
    • Deeper Cu-Ag Zone (starting from 616.6m downhole)
    • 9.4m of 0.25% Cu and 7 g/t Ag, including
    • 3.7m of 0.32% Cu and 8 g/t Ag, including
    • 0.8m of 0.62% Cu and 16 g/t Ag

‘Today’s results represent a positive surprise given we were not expecting robust Zn-Pb-Ag mineralization south of the main discovery trend at this particular location,’ stated Bart Jaworski, CEO. ‘In addition to successfully extending significant Deeper Cu-Ag mineralization down dip by over 200m from previous drilling, today’s hole intersected strong Zn-Pb-Ag mineralization in a new part of the discovery. Long theorized, new zones of mineralization parallel to the main discovery trend at Ballywire were evidenced this September by hole 25-3552-44 which discovered a new Cu-Ag bearing feeder structure to the north of the main discovery. Today’s results show a similar situation, but to the south, enhancing the potential for at least two additional mineralized zones. If borne out, this greatly expands Ballywire’s tonnage potential.’

‘Driven by new zones of mineralization, growing momentum at our Deeper Cu-Ag zone and the fact that the majority of our 6km long prospective trend is yet to be drilled, Ballywire’s exploration upside continues to ramp up. With a robust treasury and our most ambitious drilling campaign to date – four rigs turning in Ireland – we are poised to continue unlocking Ballywire’s full potential over the coming months.’

Exhibit 1. Cross-Section Showing 25-3552-47 Testing Deeper Cu-Ag Zone at Ballywire.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/276566_d7aa5ace04d3b85a_002full.jpg

Note: True thickness of the mineralized intervals in hole 25-3552-47 as a percentage of the down-hole interval, is estimated to be approx. 90-100% for Waulsortian-hosted zones, and 60-80% for sub-Waulsortian zones.

Exhibit 2. Plan Map of Main Ballywire Discovery Corridor, Showing New Holes 25-3552-45 and -47.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/276566_d7aa5ace04d3b85a_003full.jpg

Note: ‘New Min’zd Zone (S)’ means New Mineralized Zone (South); ‘Potential Zone (N)’ means Potential Mineralized Zone (North).

Exhibit 3. Cross-Section of 25-3552-45 (and Previously Reported Holes -35 and -39).

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/276566_d7aa5ace04d3b85a_004full.jpg

Note: True thickness of the mineralized intervals in hole 25-3552-45 as a percentage of the down-hole interval, is estimated to be approx. 80-100%.

Ballywire Drill Update

The Ballywire prospect at the Company’s 100%-owned PG West Project in Republic of Ireland, represents the most significant mineral discovery in Ireland in over a decade. First announced in Sept-2022, the discovery has 64 holes drilled and reported by Group Eleven to date, including the most recent two holes (25-3552-45 and -47) reported today (see Exhibits 1 to 6).

Assays from today’s drill holes are summarized above and below (and in Exhibits 4 and 5). Mineralization consists predominantly of sphalerite, galena and pyrite, with the Cu-Ag bearing zones also containing chalcopyrite and suspected tennantite-tetrahedrite.

In addition to results from 25-3552-47, described above, hole 25-3552-45 intersected two zones of significant mineralization along a fault structure (see Exhibits 3 and 5). Strong exploration upside remains further to the NNW and SSE along this section.

Exhibit 4. Summary of Assays from 25-3552-47 at Ballywire

Item From
(m)
To
(m)
Int
(m)
Zn
(%)
Pb
(%)
Zn+Pb
(%)
Ag
(g/t)
Cu
(%)
25-3552-47 313.14 333.42 20.28 1.49 1.14 2.63 5.7
Incl. 313.14 319.60 6.46 1.45 0.47 1.92 5.2
And 326.11 333.42 7.31 2.51 2.65 5.16 10.1
Incl. 329.63 333.42 3.79 3.71 3.60 7.31 13.7 0.01
Incl. 330.59 332.52 1.93 5.73 5.01 10.75 18.7 0.01
Incl. 330.59 331.56 0.97 6.45 5.39 11.84 18.7 0.01
And 355.85 358.45 2.60 0.13 2.54 2.67 18.8 0.04
Incl. 356.73 357.56 0.83 0.28 6.46 6.74 36.7 0.08
And 490.74 502.02 11.28 0.01 0.01 0.02 7.5 0.26
Incl. 494.50 502.02 7.52 0.01 0.01 0.03 10.5 0.35
Incl. 497.32 502.02 4.70 0.02 0.01 0.03 13.8 0.46
Incl. 499.22 502.02 2.80 0.02 0.01 0.03 19.1 0.67
Incl. 500.17 502.02 1.85 0.02 0.01 0.03 23.8 0.83
And 616.56 625.94 9.38 0.01 0.02 6.6 0.25
Incl. 619.52 623.26 3.74 0.01 0.02 8.5 0.32
Incl. 619.52 620.48 0.96 0.02 0.03 10.8 0.35
And 622.46 623.26 0.80 0.02 0.02 16.3 0.62

 

Note: True thickness of the mineralized intervals in hole 25-3552-47 as a percentage of the down-hole interval, is estimated to be approx. 90-100% for Waulsortian-hosted zones, and 60-80% for sub-Waulsortian zones; ‘-‘ means less than 0.01% (<100 ppm).

Exhibit 5. Summary of Assays from 25-3552-45 at Ballywire

Item From
(m)
To
(m)
Int
(m)
Zn
(%)
Pb
(%)
Zn+Pb
(%)
Ag
(g/t)
25-3552-45 145.37 162.47 17.10 1.75 0.17 1.91 3.0
Incl. 147.14 156.17 9.03 2.58 0.24 2.81 4.3
Incl. 147.14 151.66 4.52 2.66 0.32 2.98 5.9
Incl. 149.00 151.66 2.66 3.12 0.36 3.48 6.9
Incl. 150.73 151.66 0.93 4.79 0.61 5.40 11.6
And 153.41 156.17 2.76 3.38 0.17 3.55 3.5
And 181.49 202.40 20.91 1.41 0.63 2.04 10.0
Incl. 181.49 183.24 1.75 5.94 0.31 6.25 24.1
Incl. 181.49 182.39 0.90 8.69 0.31 9.00 32.9
And 192.27 194.97 2.70 1.50 2.68 4.18 21.6
Incl. 192.27 193.16 0.89 2.13 3.86 5.99 30.3
And 201.52 202.40 0.88 7.03 2.18 9.21 32.5
And 213.38 214.35 0.97 0.12 0.74 0.86 19.4

 

Note: True thickness of the mineralized intervals in hole 25-3552-45 as a percentage of the down-hole interval, is estimated to be approx. 80-100%.

Drilling at Ballywire continues with three rigs. Currently, thirteen (13) new holes are completed or near completed (and in the process of being logged, sampled and assayed). These are shown in Exhibit 2, including: (i) four holes collared approx. 200m E of G11-3552-08; (ii) two holes testing approx. 780m SE of G11-3552-08; (iii) six holes drilled along a drill fence hosting G11-468-01; and (iv) one hole testing approx. 80m SW of G11-3552-12. Note, one additional rig is active at the Company’s Stonepark Project.

Exhibit 6. Regional Gravity Map Showing 6km Long Prospective Trend at Ballywire.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/276566_d7aa5ace04d3b85a_005full.jpg

Note: Of the four gravity-high anomalies above, only the ‘C’ anomaly has been systematically drilled to date.

Exhibit 7. Regional Map of Ballywire Discovery and Surrounding Prospects.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/276566_groupe.jpg

Notes to Exhibit 7: (a) Pallas Green MRE is owned by Glencore (see Glencore’s Resources and Reserves Report dated December 31, 2024); (b) Stonepark MRE: see the ‘NI 43-101 Independent Report on the Zinc-Lead Exploration Project at Stonepark, County Limerick, Ireland’, by Gordon, Kelly and van Lente, with an effective date of April 26, 2018, as found on SEDAR+; and (c) the historic estimate at Denison was reported by Westland Exploration Limited in ‘Report on Prospecting Licence 464’ by Dermot Hughes dated May, 1988; the historic estimate at Gortdrum was reported in ‘The Geology and Genesis of the Gortdrum Cu-Ag-Hg Orebody’ by G.M. Steed dated 1986; and the historic estimate at Tullacondra was first reported by Munster Base Metals Ltd in ‘Report on Mallow Property’ by David Wilbur, dated December 1973; and later summarized in ‘Cu-Ag Mineralization at Tullacondra, Mallow, Co. Cork’ by Wilbur and Carter in 1986; the above three historic estimates have not been verified as current mineral resources; none of the key assumptions, parameters and methods used to prepare the historic estimates were reported and no resource categories were used; significant data compilation, re-drilling and data verification may be required by a Qualified Person before the historic estimates can be verified and upgraded to be compliant with current NI 43-101 standards; a Qualified Person has not done sufficient work to classify them as a current mineral resource and the Company is not treating the historic estimates as current mineral resources. ‘Rathdowney Trend’ is the south-westerly projection of the Rathdowney Trend, hosting the historic Lisheen and Galmoy mines.

Qualified Person

Technical information in this news release has been approved by Professor Garth Earls, Eur Geol, P.Geo, FSEG, geological consultant at IGS (International Geoscience Services) Limited, and independent ‘Qualified Person’ as defined under Canadian National Instrument 43-101.

Sampling and Analytical Procedures

All core drilled at Ballywire is NQ (47.6mm) and is cut using a rock saw. Sample intervals vary between 0.22m to 1.19m with an average (over 211 samples) of 0.90m. The half-core samples are bagged, labelled and sealed at Group Eleven’s core store facility in Limerick, Ireland. Selected sample bags are examined by the Qualified Person. Transport is via an accredited courier service and/or by Group Eleven staff to ALS Laboratories in Loughrea Co. Galway, Ireland. Sample preparation at the ALS facility comprises fine crushing 70% < 2mm, riffle splitter, pulverise up to 250g 85% < 75um. Analytical procedures are 34 element four acid ICP-AES (codes ME-ICP61 and ME-OG62). Other than paying for a professional analytical service, Group Eleven has no relationship with ALS.

Quality Assurance/Quality Control (QA/QC) Information

Group Eleven inserts certified reference materials (‘CRMs’ or ‘Standards’) as well as blank material, to its sample stream as part of its industry-standard QA/QC programme. The QC results have been reviewed by the Qualified Person, who is satisfied that all the results are within acceptable parameters. The Qualified Person has validated the sampling and chain of custody protocols used by Group Eleven.

About Group Eleven Resources

Group Eleven Resources Corp. (TSXV: ZNG,OTC:GRLVF) (OTCQB: GRLVF) (FSE: 3GE) is drilling the most significant mineral discovery in the Republic of Ireland in over a decade. The Company announced the Ballywire discovery in September 2022, demonstrating high grades of zinc, lead, silver, copper, germanium and locally, antimony. Key intercepts to date include:

  • 10.8m of 10.0% Zn+Pb and 109 g/t Ag (G11-468-03)
  • 10.1m of 8.6% Zn+Pb and 46 g/t Ag (G11-468-06)
  • 10.5m of 14.7% Zn+Pb, 399 g/t Ag and 0.31% Cu (G11-468-12)
  • 11.2m of 8.9% Zn+Pb and 83 g/t Ag (G11-3552-03)
  • 29.6m of 10.6% Zn+Pb, 78 g/t Ag and 0.15% Cu (G11-3552-12) and
  • 11.8m of 11.6% Zn+Pb, 48 g/t Ag (G11-3552-18)
  • 15.6m of 11.6% Zn+Pb, 122 g/t Ag and 0.19% Cu (G11-3552-27)
  • 12.0m of 1.4% Zn+Pb, 560 g/t Ag, 2.30% Cu and 0.17% Sb (25-3552-31), including
  • 6.4m of 2.1% Zn+Pb, 838 g/t Ag, 3.72% Cu and 0.27% Sb (25-3552-31)
  • 39.7m of 9.5% Zn+Pb, 131 g/t Ag and 0.27% Cu (25-3552-35)
  • 25.6m of 9.2% Zn+Pb, 28 g/t Ag (25-3552-39)

Ballywire is located 20km from Company’s 77.64%-owned Stonepark zinc-lead deposit1, which itself is located adjacent to Glencore’s Pallas Green zinc-lead deposit2. The Company’s two largest shareholders are Michael Gentile (14.1% interest) and Glencore Canada Corp. (13.9%). Additional information about the Company is available at www.groupelevenresources.com.

ON BEHALF OF THE BOARD OF DIRECTORS,
Bart Jaworski, P.Geo.
Chief Executive Officer

E: b.jaworski@groupelevenresources.com | T: +353-85-833-2463
E: j.lau@groupelevenresources.com | T: 604-781-4915

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

Cautionary Note Regarding Forward-Looking Information

Technical and scientific information disclosed from neighbouring properties does not necessarily apply to the current project or property being disclosed. This press release contains forward-looking statements within the meaning of applicable securities legislation. Such statements include, without limitation, statements regarding the future results of operations, performance and achievements of the Company, including the timing, content, cost and results of proposed work programs, the discovery and delineation of mineral deposits/resources/ reserves and geological interpretations. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward looking statements as a result of various factors, including, but not limited to, variations in the nature, quality and quantity of any mineral deposits that may be located. All of the Company’s public disclosure filings may be accessed via www.sedarplus.ca and readers are urged to review these materials, including the technical reports filed with respect to the Company’s mineral properties.

1 Stonepark MRE is 5.1 million tonnes of 11.3% Zn+Pb (8.7% Zn and 2.6% Pb), Inferred (Apr-17-2018).
2 Pallas Green MRE is 45.4 million tonnes of 8.4% Zn+Pb (7.2% Zn + 1.2% Pb), Inferred (Glencore, Dec-31-2024).

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/276566

News Provided by Newsfile via QuoteMedia

This post appeared first on investingnews.com

Investor Insight

Mayfair Gold is progressing its 100 percent-owned Fenn-Gib gold project toward production, with a development plan anchored by a robust 2026 pre-feasibility study (PFS). The company’s strategy emphasizes a smaller scale mine designed to accelerate permitting through Ontario’s One Project One Process platform and exploit near surface high-margin ounces in a capital efficient manner. The PFS only corresponds to 24 percent of the indicated gold resource leaving meaningful optionality for long term growth coupled with exploration upside across a broader land package.

Overview

Mayfair Gold (TSXV:MFG,NYSE American:MINE) is a development-stage company with the primary objective of advancing the Fenn-Gib gold project — a large, bulk-tonnage open-pit deposit located in one of Canada’s most prolific gold districts. The company’s technical team is executing on provincial permitting, Indigenous consultation, engineering and ongoing exploration to expand mineralization beyond the current pit constraints.

Mayfair Gold’s flagship Fenn-Gib gold project is located within the established Timmins Gold District in Ontario, which has produced more than 100 million ounces of gold historically.

The PFS, prepared in accordance with NI 43-101 standards and filed in January 2026, outlines a base-case economic model with an after-tax NPV (5 percent) of C$652 million and an IRR of 24 percent, using conservative gold prices, and demonstrates rapid payback potential. Under a spot price scenario, project economics improve markedly, underscoring the asset’s leverage to higher gold prices. With over $200 million in annual free cash flow once in operation the company will have a robust source of capital to fund growth initiatives.

Company Highlights

  • Robust Pre-feasibility Study: The 2026 PFS highlights compelling returns on a modest initial throughput design while leveraging a large resource base.
  • High-grade Early Focus: The staged plan targets higher-grade, near-surface material to optimize permitting timelines, construction risk, financing, and ultimately accelerate value capture.
  • Strategic Location: Fenn-Gib sits on the highly prospective Timmins Gold District, Ontario — a tier-one mining jurisdiction with established infrastructure and a long history of mining-related activity and supportive communities.
  • Strong Financial Backing: The company has a committed shareholder base, including Muddy Waters, Heeney Capital, Oaktree and Vestcor. With a tight share structure and strong Insider ownership of 35% there is clear alignment for long-term shareholder value creation.
  • Exploration Optionality: Mineralization at Fenn-Gib remains open at depth and along strike, with multiple underexplored targets identified across the property. This includes a Southern Block that has not been explored but sits directly on the prolific Porcupine-Destor fault.
  • Long-term optionality: With a truncated timeline to production the company will be in an advantageous spot for growth initiatives that can be funded with free cash flow.
  • CEO Nick Campbell, heads a technically strong and capital-markets-savvy team with a demonstrated ability to unlock value from high-quality gold assets (previously at Artemis Gold and Silvercrest Metals) and position projects for long-term growth.
  • COO Drew Anwyll is an experienced mine builder; he successfully permitted the Marathon PGM project in Ontario and was a senior executive during the construction, commissioning and start-up of Detour Lake, Canada’s largest gold mine.

Key Project

Fenn-Gib Gold Project

Fenn-Gib is Mayfair’s flagship asset, encompassing a significant indicated mineral resource of 181.3 million tonnes grading 0.74 g/t gold for 4.3 million contained ounces, and additional inferred ounces. The project benefits from excellent access via Highway 101 and proximity to regional mining services.

The 2026 PFS centers on a 4,800 tonnes-per-day open-pit operation designed to process approximately 1.04 million ounces of gold, representing 24 percent of the total resource and reflecting a conservative, execution-oriented approach. Highlights from the study include:

  • After-tax NPV of C$1.37 billion and IRR of 38 percent at current spot gold prices.
    2.7-year payback period on initial capital costs under the base case (1.7 year payback at January 2026 prices)

In addition to economic studies and active dialogue with Indigenous stakeholders, the company has executed engineering contracts with industry providers to support mine planning, processing design, environmental baseline work, and tailings/water management — positioning the project for upcoming permitting and potential construction decision milestones.

Exploration Potential

Beyond the defined pit shell, Fenn-Gib hosts multiple zones including the Main Zone, Deformation Zone, and Footwall Zone, with geological continuity extending along strike and at depth. Newly identified targets such as the Southern Block along the Porcupine Destor-Fault present opportunities for future discovery drilling and resource expansion.

Management Team

Nicholas Campbell — Chief Executive Officer

Nicholas Campbell is a mining executive with more than 20 years of experience across capital markets, corporate development, and mine development. Prior to joining Mayfair, he served as vice-president of Capital Markets at Artemis Gold, executive vice-president of business development at SilverCrest Metals, and chief financial officer of Goldsource Mines. Campbell leads Mayfair’s strategic vision and execution as the company transitions Fenn‑Gib into a defined development stage.

Drew Anwyll — Chief Operating Officer

Drew Anwyll is a professional engineer with over 30 years of global mining experience in both project and operations leadership. His background includes senior technical and operating roles at Generation Mining, Detour Gold, Barrick Gold and Placer Dome. Anwyll’s track record includes leadership through permitting, construction, commissioning, and operational phases, anchoring Mayfair’s operational planning and execution.

Zayem Lakhani — Vice-president, Capital Markets

Zayem Lakhani brings more than 17 years of expertise in investment management, equity research, and corporate development. Before joining Mayfair, he served as portfolio manager and head of Canadian equities at HSBC Global Asset Management, where he oversaw the investment process for approximately $4 billion in capital across diverse strategies. Lakhani brings a unique network and an investor’s perspective to help position the company’s story.

Darren Prins — Interim Chief Financial Officer

Darren Prins is a senior financial executive with extensive experience in corporate development, capital markets, mergers and acquisitions, financial reporting, risk management, budgeting, forecasting, and international tax planning. Prins has served as CFO for TSX, TSXV and NYSE‑listed companies across multiple industries, bringing strong financial stewardship to Mayfair’s funding and reporting functions.

This post appeared first on investingnews.com

United States Antimony (NYSEAMERICAN:UAMY) has secured a US$245 million sole-source contract from the US Defense Logistics Agency to supply antimony ingots.

The five year ‘indefinite delivery indefinite quantity’ agreement was finalized after months of negotiations and makes US Antimony the exclusive supplier of antimony ingots to the National Defense Stockpile.

The company confirmed that first deliveries are expected this week. News of the award sent its shares up 17.8 percent in New York trading, boosting its market value to about US$975 million.

“This is the kind of knowledge that is only gained through decades of execution and know-how,” Chairman and CEO Gary C. Evans said in the Tuesday (September 23) announcement. “USAC has some of the most experienced antimony chemists, metallurgists and other professionals on its team in the global landscape.”

Evans added that the expertise of Gus Gustavsen, the company’s antimony division president, was central to the award. Gustavsen has more than 50 years in the field.

Washington is moving to strengthen supply chains for materials considered essential to defense and energy security. China dominates global antimony production, leaving the US reliant on imports in recent years. By securing a sole-source deal, the Pentagon has effectively locked in a domestic pipeline for a mineral it deems strategically important.

US Antimony said it is working to broaden its ore supply beyond imports.

Mining began this month on its acreage in Alaska, where early results indicate high-grade deposits that could support efficient processing and eventually supply military-grade products, including antimony trisulfide.

The Alaska development marks a shift for US Antimony, which for decades has depended heavily on foreign ore. The company emphasized that many competing sources, both in the US and abroad, are unlikely to meet military standards and remain years away from commercial production.

“We don’t believe the low quality of those antimony ores controlled by others will meet the stringent requirements of our U.S. Military,” the company reaffirmed.

The US Geological Survey lists antimony as one of 50 minerals critical to national security and economic stability.

The Defense Logistics Agency has been tasked with replenishing the National Defense Stockpile, which in recent years has drawn down to its lowest levels since the Cold War.

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

This post appeared first on investingnews.com

The shutdown stalemate that has dragged on in the Senate officially ended late Monday night, and it places Congress on a path to reopen the government later this week.

Senators advanced a bipartisan funding package to end the government shutdown after a group of Senate Democrats broke from their colleagues and joined Republicans in their bid to reopen the government.

Those same eight Senate Democratic caucus members stuck with Republicans and provided the crucial votes needed to send the package to the House.

The votes went deep into Monday night on the shutdown’s 41st day and resulted in an updated continuing resolution (CR) being combined with a trio of spending bills in a minibus package that is now headed to the House.

Whether the Senate would get to this point was in the air for much of last week and even earlier in the day. On Monday, lawmakers were riding high after smashing through the package’s first procedural test, but concerns of objections and other procedural maneuvers threatened to derail the process.

‘I think everybody’s pretty united [behind] this bill,’ Sen. Bernie Moreno, R-Ohio, said. ‘We want to reopen the government.’

Senate Minority Leader Chuck Schumer, D-N.Y., and his caucus demanded throughout the entirety of the shutdown that they would only vote to reopen the government if they received an ironclad deal on expiring Obamacare subsidies.

But that deal, or at least the one that Democrats wanted, never materialized. Instead, eight Senate Democrats took the offer that Senate Majority Leader John Thune, R-S.D., has made since the beginning: A guarantee to vote on legislation that would deal with the subsidies.

Thune reiterated his promise and noted that a vote would come, ‘No later than the second week of December.’ The subsidies are set to expire by the end of the year.

‘We have senators, both Democrat and Republican, who are eager to get to work to address that crisis in a bipartisan way,’ he said. ‘These senators are not interested in political games, they’re interested in finding real ways to address healthcare costs for American families. We also have a president who is willing to sit down and get to work on this issue.’

Senate Democrats did not leave completely empty-handed, however.

Included in the revamped CR, which would reopen the government until Jan. 30, was a reversal of the Trump administration’s firing of furloughed federal workers, a deal to ensure that furloughed workers would get back pay and future protections for federal workers during shutdowns.

‘This was the only deal on the table,’ Sen. Jeanne Shaheen, D-N.H., one of the eight that crossed the aisle to support the package, said. ‘It was our best chance to reopen the government and immediately begin negotiations to extend the [Obamacare] tax credits that tens of millions of Americans rely on to keep costs down.’

Sen. Tim Kaine, D-Va., another of the eight Senate Democrats to break with Schumer, said that it was clear that Republicans weren’t going to budge on their position that healthcare would be dealt with after the government reopened. 

But it wasn’t the guarantee of a vote on the expiring subsidies that got him to splinter, it was promises that there would be protections for federal employees. 

‘If you wait another week, they’re going to get hurt more, another month or even more,’ Kaine said. ‘So what got me over the line was the pledge that they were able to give the federal employees.’ 

On the House side, it appears GOP leaders are eager to move quickly on ending the prolonged shutdown.

Speaker Mike Johnson, R-La., earlier Monday told Fox News Digital that he would bring the House back into session ‘immediately’ upon Senate passage of the legislation.

He later told House Republicans on a lawmaker-only call that he anticipated a vote in their chamber midweek at the earliest, Fox News Digital was told.

‘We’re going to plan on voting, on being here, at least by Wednesday,’ Johnson said. ‘It is possible that things could shift a little bit later in the week, but right now we think we’re on track for a vote on Wednesday. So we need you here.’

Johnson signaled the House would not move to fast-track the legislation via suspension of the rules however, which would bypass procedural hurdles in exchange for raising the passage threshold to two-thirds of the chamber.

It’s not a surprising move given House Democratic leaders’ opposition to the bill.

He said, however, that the House Rules Committee should be ready to move by Tuesday at the earliest.

This post appeared first on FOX NEWS

The anonymous donor who gave $130 million to the Pentagon to pay troops during the government shutdown has been identified as Timothy Mellon, a reclusive billionaire and a major financial backer of President Donald Trump, according to a report.

Trump announced the donation on Thursday, but declined to reveal the donor’s identity, only describing him as a ‘patriot’ and a friend. The president again refused to name the person on Friday while talking to reporters aboard Air Force One shortly after departing Washington for Asia, calling the donor ‘a great American citizen’ and a ‘substantial man.’

‘He doesn’t want publicity,’ Trump said on Friday. ‘He prefer that his name not be mentioned, which is pretty unusual in the world I come from, and in the world of politics, you want your name mentioned.’

But the two people familiar with the matter told The New York Times that the man is Mellon, a wealthy banking heir and railroad magnate.

It remains unclear how long the donation will cover the troops’ salaries. The Trump administration’s 2025 budget asked for about $600 billion in total military compensation, according to the Congressional Budget Office.

The $130 million donation would equal about $100 a service member, according to The New York Times.

Mellon, a grandson of former Treasury Secretary Andrew W. Mellon, is a backer of Trump who gave tens of millions of dollars to groups supporting the president’s 2024 campaign. Last year, he gave $50 million to a super PAC supporting Trump, making it one of the largest single contributions ever disclosed, the newspaper noted.

The billionaire was not a prominent Republican donor until Trump was first elected but has given hundreds of millions of dollars in recent years into supporting the president and the GOP.

He is also a significant supporter of Health and Human Services Secretary Robert F. Kennedy Jr., who also ran for president in 2024, first as a Democrat and later as an independent before dropping out to endorse Trump. Mellon donated millions to Kennedy’s presidential campaign and has also given money to the secretary’s anti-vaccine nonprofit, Children’s Health Defense, according to The New York Times.

Despite his political contributions, Mellon has sought to keep a low profile.

In an autobiography published in 2015, Mellon described himself as a former liberal who moved from Connecticut to Wyoming for lower taxes and fewer people.

The Pentagon said it accepted the donation under the ‘general gift acceptance authority.’

‘The donation was made on the condition that it be used to offset the cost of service members’ salaries and benefits,’ Pentagon spokesman Sean Parnell said in a statement to The New York Times.

But the donation may be a potential violation of the Antideficiency Act, which prohibits federal agencies from spending money in excess of congressional appropriations or from accepting voluntary services.

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Lawyers for roughly two dozen states will head to court Monday to block the Trump administration’s attempt to penalize them for making full payments to Supplemental Nutrition Assistance Program (SNAP) recipients. 

The filing is the latest in a chaotic, fast-moving legal saga centered on the status of the nation’s largest anti-hunger program, which supports 42 million low-income Americans and remains stalled as a result of the ongoing government shutdown.  

Food assistance is not a political issue,’ New York Attorney General Letitia James told reporters Monday. ‘It is a moral imperative, and no one should go hungry because their own government is refusing to feed them.

The request for emergency intervention comes after the Trump administration on Saturday threatened to slap states who paid out the full SNAP benefits with steep economic penalties, despite an order from U.S. District Judge John McConnell, who ordered the administration to make the full SNAP payments fully available compared to just 65%, as had been previously outlined.

Trump officials further urged the Supreme Court in a supplemental brief Monday afternoon to keep in place an emergency stay handed down by Justice Ketanji Brown Jackson last week. 

They cited the progress Congress has made towards resolving the ongoing shutdown, and added that, in their view, ‘the answer to this crisis is not for federal courts to reallocate resources without lawful authority.’ 

‘The only way to end this crisis — which the Executive is adamant to end — is for Congress to reopen the government,’ they added.

States have until tomorrow morning to file their response to the Supreme Court.

The judge had scolded the Trump administration for agreeing to fund just 65% of the SNAP benefits. ‘It’s likely that SNAP recipients are hungry as we sit here,’ McConnell said Thursday shortly before issuing the new order, which gave the USDA less than 24 hours to comply. 

In appealing the case, Trump’s legal team had argued that the judge’s order ‘makes a mockery of the separation of powers,’ and accused McConnell of overstepping his powers as a federal judge.

‘There is no lawful basis for an order that directs USDA to somehow find $4 billion in the metaphorical couch cushions,’ DOJ lawyers argued, describing his order as an ‘unprecedented injunction.’ 

The U.S. Department of Agriculture told states in a directive on Saturday that states that failed to comply with the administration’s plans and pay only the reduced SNAP benefits could see a cancellation of federal cost-sharing benefits for SNAP, and would be otherwise fully financially ‘responsible for the consequences’ of their actions.

California Attorney General Rob Bonta, New York Attorney General Letitia James, and New Jersey Attorney General Matt Platkin spoke out about the actions before heading to court today to seek emergency intervention. 

‘We’re asking the courts to block Saturday night’s guidance and immediately make full SNAP benefits available,’ Bonta said of the lawsuit. 

The group accused the Trump administration of playing politics with SNAP benefits, or the food aid that provides benefits to roughly one in eight Americans.

The New Jersey attorney general, Matt Platkin, described the effort by USDA to halt full SNAP payments and shift the costs to states as the ‘most heinous thing’ he had seen while in office. 

‘There are more children in New Jersey on SNAP than consists of the entire population of our state’s largest city,’ he said, in an effort to contextualize the number of people in the Garden State alone who are served by the food aid program. 

‘The new guidance from USDA ‘claimed that the steps we’ve taken to follow its earlier guidance and a court order were ‘unauthorized,’ and that we must immediately undo the actions, or we would face steep penalties,’ Bonta said. 

Trump officials separately told the Supreme Court on Monday that they will continue to seek their emergency stay of another federal judge’s order requiring them to keep SNAP benefits fully funded during the ongoing government shutdown.

The administration ‘still intends to pursue a stay’ of that order, U.S. Solicitor General D. John Sauer told the Supreme Court in a filing, barring any eleventh-hour action from Congress to reach consensus and reopen the government after the more than 40-day government shutdown. 

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West African gold explorer Asara Resources Limited (ASX: AS1; Asara or Company) is pleased to announce the second set of results from 11 drill holes (totalling 2,455m) from the Phase 1 Reverse Circulation (RC) drilling program within the Massan deposit Mineral Resource Estimate (MRE) area at its flagship Kada Gold Project (Kada) in Guinea.

HIGHLIGHTS

  • Drilling to date has focused on increasing geological confidence and on extending the down-dip mineralisation envelope at the Massan deposit within the Kada project.
  • The latest results demonstrate continuity between drillholes across the remaining Inferred areas, reinforcing confidence in the geological model and confirming consistent, broad zones of mineralisation.
  • Depth-extension drilling beyond the US$1,800/oz pit shell confirms that mineralisation continues at depth, returning robust gold intersections within fresh rock and identifying new zones of deeper mineralisation.
  • Phase 2 drilling will target strike extensions to the north and south to further grow the resource footprint.
  • Notable gold intersections from the assays received for the most recent eleven drillholes include:
    • MSRC25-014: 55m @ 1.0 g/t gold from 17m. Including,
      7m @ 3.1 g/t gold from 28m.
      12m @ 1.35 g/t gold from 239m. Including,
      5m @ 2.3 g/t gold from 244m.
    • MSRC25-015: 26m @ 0.9 g/t gold from 121m.
    • MSRC25-016: 7m @ 1.4 g/t gold from 143m.
      18m @ 1.1 g/t gold from 154m. Including,
      5m @ 2.0 g/t gold from 146m.
    • MSRC25-017: 23m @ 1.2g/t gold from 64m. Including,
      6m @ 3.8 g/t gold from 64m.
    • MSRC25-018: 12m @ 3.0g/t gold from 22m. Including,
      7m @ 4.1 g/t gold from 26m.
      18m @ 1.0g/t gold from 221m. Including,
      6m @ 2.0 g/t gold from 227m.
      6m @ 2.0g/t gold from 282m.
    • MSRC25-019: 1m @ 20.8g/t gold from 21m. 90m @ 1.0g/t gold from 226m. Including,
      9m @ 1.8 g/t gold from 234m; and
      10m @ 3.0 g/t gold from 301m.
    • MSRC25-020: 5m @ 2.9g/t gold from 6m.
      13m @ 2.1g/t gold from 29m. Including,
      4m @ 4.8 g/t gold from 35m.
      30m @ 1.9g/t gold from 109m. Including,
      16m @ 3.0 g/t gold from 118m.
      20m @ 2.3g/t gold from 144m. Including,
      9m @ 4.1 g/t gold from 144m.
    • MSRC25-021: 57m @ 1.2g/t gold from 3m. Including,
      12m @ 2.0 g/t gold from 12m.
    • 41m @ 0.7g/t gold from 64m.
    • MSRC25-023: 33m @ 0.5 g/t gold from 41m.
    • MSRC25-023B: 8m @ 0.7 g/t gold from 0m.
    • MSRC25-024: 19m @ 1.5 g/t gold from 0m. Including,
      8m @ 2.1 g/t gold from 0m.
      56m @ 0.7 g/t gold from 23m.
      10m @ 1.3 g/t gold from 156m. Including,
      5m @ 2.2 g/t gold from 156m.

Additional RC Drilling Results Confirm High-Grade Continuity at Massan Prospect

The Company is pleased to announce the receipt of assay results from a further eleven RC drill holes, totalling 2,455 metres, completed at the Massan prospect (Figure 1 and Figure 2). This phase of drilling has been strategically designed to both infill the existing drilling dataset by improving geological confidence in the mineralised zones to a vertical depth of ~150 metres, and to test the down-dip depth extensions of the deposit beyond previously defined depth limits (Figure 3 and Figure 4).

As with the previous set of assay results reported in September, this batch of assay results from the drill holes drilled within the central portion of the Massan deposit has again returned significant mineralised intersections, reinforcing the continuity and robustness of the mineralisation within the core zone and validating the accuracy of the geological model against which drillhole planning has been based.

Matt Sharples, CEO of Asara, commented:

“The latest batch of assay results from the Phase 1 drilling program at the Massan deposit at Kada is highly encouraging. Not only do they confirm the widths and tenures of the expected grades, but most importantly, the intercepts were encountered exactly where predicted. This validates the accuracy of our geological model, strengthens our understanding of the genesis of the gold and derisks our exploration targeting. This enhances our success rate and continues to lower our $/oz discovery cost at a deposit which continues to grow in scale.

Both the reported depth-extension results and the near-surface infill drilling have validated our targeting and underscore the scale of Massan. We will continue to refine and update our drill plan, and we look forward to receiving the next batch of assays, which will further guide and shape our near-term exploration strategy to increase geological confidence and confirm depth extensions.

Drilling activity at Massan is due to ramp up with the imminent arrival of the Sahara Resources AC/RC rig, which will undertake a strike extension drilling campaign, designed to confirm the scale of the Massan deposit along strike, north and south, and potentially grow the Inferred Mineral Resource component of the Kada Project.”

Click here for the full ASX Release

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Perth, Australia (ABN Newswire) – On 20 January 2025, BPH Energy Limited (ASX:BPH) and Bounty Oil & Gas NL (Bounty) (ASX:BUY) as the PEP 11 Joint Venture announced that they had been given notice by the National Offshore Petroleum Titles Administrator (NOPTA) that the Joint Authority had refused the Joint Venture Applications made on 23 January 2020 (First Application) and 17 March 2021 (Second Application) (the Decision).

On 12 February 2025 BPH advised that investee Advent Energy Limited’s (BPH 36.1% direct interest) 100% subsidiary Asset Energy Pty Ltd had applied to the Federal Court for an Originating Application for judicial review pursuant to s 5 of the Administrative Decisions (Judicial Review) Act 1977 (Cth) and s 39B of the Judiciary Act 1903 (Cth) to review a Decision of the Commonwealth-New South Wales Offshore Petroleum Joint Authority, constituted under section 56 of the Offshore Petroleum and Greenhouse Gas Storage Act 2006 (Cth).

The Company has previously announced that the Originating Application was listed for a 2-day hearing commencing on 16 September 2025 and 17 September 2025.

On 16 September after hearing from the parties on technical points of law, the Honourable Justice Jackson decided that the hearing should be conducted by him in NSW and adjourned the proceeding.

On 16 September initial orders reflecting that decision were published and the Company advised that further orders concerning Justice Jackson’s decision will be published once available.

These orders and reasons are now available at the following link.
https://www.abnnewswire.net/lnk/XD14L72C

Asset Energy Pty Ltd is a 100% owned subsidiary of Advent Energy Ltd and lodged the Originating Application as Operator for and on behalf of the PEP11 Joint Venture Partners, Bounty Oil and Gas NL (ASX:BUY) and Asset Energy Pty Ltd.

About BPH Energy Limited:

BPH Energy Limited (ASX:BPH) is an Australian Securities Exchange listed company developing biomedical research and technologies within Australian Universities and Hospital Institutes.

The company provides early stage funding, project management and commercialisation strategies for a direct collaboration, a spin out company or to secure a license.

BPH provides funding for commercial strategies for proof of concept, research and product development, whilst the institutional partner provides infrastructure and the core scientific expertise.

BPH currently partners with several academic institutions including The Harry Perkins Institute for Medical Research and Swinburne University of Technology (SUT).

Source:
BPH Energy Limited

Contact:
David Breeze
admin@bphenergy.com.au
www.bphenergy.com.au
T: +61 8 9328 8366

News Provided by ABN Newswire via QuoteMedia

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– Progressive stars Rep. Alexandria Ocasio-Cortez, D-N.Y., and Sen. Bernie Sanders, I-Vt., are teaming up with New York City mayoral candidate Zohran Mamdani Sunday night for a ‘New York is not for sale’ rally at Forest Hills Stadium in Queens, New York City.

The high-profile campaign event comes nearly one week before Election Day, as New Yorkers head to the polls for the first weekend of early voting, closing out a contentious mayoral battle where Mamdani’s unanticipated success has landed him on the national stage.

‘Zohran Mamdani is modeling a different kind of politics,’ Sanders, the former Democratic presidential candidate and longtime progressive leader, said in a statement ahead of the rally. 

The trio of self-identified Democratic socialists have invigorated the Democratic Party’s progressive base at a time when Democrats are still grappling with devastating losses in 2024 amid growing discontent with President Donald Trump’s sweeping, second-term agenda.

When Sanders and Ocasio-Cortez teamed up for the ‘Fighting Oligarchy’ tour earlier this year, they sparked sizable buzz, firing up thousands of Democrats at rallies across the United States who had been left without a clear party leader.

‘As mayor, he will not run a top-down, billionaire-funded, consultant-driven administration. Instead, Zohran will be a champion for the working people of New York,’ Sanders said.

Both Sanders and Ocasio-Cortez have campaigned alongside Mamdani in his bid to lead the nation’s most populous city. 

On Friday night, Sanders appeared for a virtual ‘Get Out the Vote’ event with Mamdani. Last month, Sanders and Mamdani teamed up for a ‘Fighting Oligarchy’ town hall in Brooklyn. 

Ahead of the Brooklyn town hall event, the two progressive leaders marched alongside union members in Manhattan’s Labor Day parade. That afternoon, Mamdani posed for a photo with Sanders and Ocasio-Cortez in Astoria, Queens, amassing millions of views.

Sanders, a two-time Democratic presidential nominee runner-up, was an early endorser of Mamdani’s primary campaign, along with Ocasio-Cortez. Their endorsements helped Mamdani consolidate progressive support in the 11-candidate field during the final weeks of the primary race.

Mamdani’s primary upset triggered a political earthquake as the democratic socialist handily defeated former Gov. Andrew Cuomo, who was widely expected to secure the Democratic nomination.

Mamdani’s cross-endorsement with fellow progressive New York City Comptroller Brad Lander cleared the path for Mamdani to consolidate support against Cuomo through ranked-choice voting. 

Cuomo has since launched an independent campaign, teeing up a competitive and contentious general election battle. 

Since Mamdani secured the Democratic nomination, Trump has labeled him a ‘100% Communist Lunatic,’ and ‘my little communist,’ ushering Mamdani onto the national political stage. Mamdani has rejected the moniker, maintaining that he identifies as a democratic socialist, like Sanders and Ocasio-Cortez. 

As Trump began criticizing Mamdani, New York Democrats chose to withhold their endorsements of the socialist candidate, who has made a slew of ambitious campaign promises, like fast and free buses, city-run grocery stores and free childcare, all of which he plans to pay for by raising taxes on corporations and the top 1% of New Yorkers. 

After months of withholding their endorsements, Gov. Kathy Hochul finally endorsed Mamdani last month and House Minority Leader Hakeem Jeffries finally affirmed his support in a statement Friday. Senate Minority Leader Chuck Schumer has still yet to endorse. 

Pressure had been mounting since Mamdani won the Democratic primary in June for Mayor Eric Adams, who was also running as an independent, or Cuomo to drop out of the race to consolidate support against Mamdani. Adams dropped out of the race and endorsed Cuomo on Thursday. 

That pressure reached a boiling point last week as billionaires, including Red Apple Media CEO John Catsimatidis and hedge fund CEO Bill Ackman, called on Republican nominee Curtis Sliwa to drop out of the race in order to clear a pathway to victory for Cuomo.

The latest Fox News survey, conducted Oct. 10-14, ahead of the first general election debate last week, revealed that Mamdani has a substantial lead in the race. According to the poll, Mamdani has a 21-point lead among New York City registered voters with 49% of voters backing Mamdani, while 28% go for Cuomo and 13% favor Sliwa.

Mamdani also rose above the 50% threshold among likely voters, garnering 52% support, while Cuomo picked up 28%, and Sliwa received just 14%.

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U.S. Secretary of State Marco Rubio on Saturday said that the U.S., Israel and other mediators of the Gaza peace deal had shared intelligence to avoid a possible attack last weekend and would do so going forward. 

‘We put out a message through State Department, sent it to our mediators as well, about an impending attack, and it didn’t happen,’ he told reporters while flying from Israel to Qatar. ‘So that’s the goal here, is ultimately to identify a threat before it happens.’

This comes a week after the State Department said it had ‘credible reports’ that Hamas was planning an attack on Palestinian civilians in violation of the agreement.

Rubio said Saturday the U.S. has talked with countries like Qatar, Egypt and Turkey who are interested in contributing to an international stabilization force in the region. He added that Indonesia and Azerbaijan are also interested.

But, he said, ‘Many of the countries who want to be a part of it can’t do it without’ a United Nations resolution supporting the force.

Rubio also met with President Donald Trump in Qatar ahead of the president’s Asian tour.

Vice President JD Vance was also in Israel earlier this week along with special envoy Steve Witkoff and Trump adviser and son-in-law Jared Kushner in an attempt to solidify the ceasefire deal, which took effect earlier this month.

Next week, Rubio said the chairman of the Joint Chiefs of Staff, Gen. Dan Caine, is expected to travel to Israel as well.

Trump thanked Qatar for their part in helping secure the peace deal while meeting with Qatar’s Emir Sheikh Tamim bin Hamad al-Thanimet and Qatar Prime Minister and Foreign Minister Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani.

‘This should be an enduring peace,’ Trump told reporters of the deal.

His visit to Qatar was part of a refueling stop before heading on to Asia.

The Associated Press and Reuters contributed to this report. 

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