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Tartisan Nickel Corp. Intersects 24.6 Metres of 0.71% Ni, 0.56% Cu Including 6.1 Metres of 1.17% Ni, 1.45% Cu at the Kenbridge Nickel-Copper-Cobalt Project, Northwestern Ontario

Investing 7 Mins Read

Tartisan Nickel Corp. (CSE: TN,OTC:TTSRF) (OTCQX: TTSRF) (FSE: 8TA) (‘Tartisan’, or the ‘Company’) is pleased to provide an update on the Phase 1 diamond drill program at the Company’s Kenbridge Nickel-Copper-Cobalt Project, Sioux Narrows, Northwestern Ontario. The Phase 1 drill program was designed to test the on strike and down dip potential for additional nickel sulphide mineralization to enhance the size and grade of the Kenbridge Deposit.

A total of 3,191m of drilling has been completed to date. The first 4 drill targets have been completed (drill holes KB26-207, KB26-208, KB26-209 and KB26-210 outlined on Figure 1). Samples were delivered to AGAT Labs in Thunder Bay for analysis.

Reported in this release are the results from the 4th hole KB26-210. Results from the hole confirm both A and B zones were intersected as outlined in the Table 1 below. Zone A was intersected from 762.4 to 787.0m drill depth and returned 0.71% Ni, 0.56% Cu over 24.6 metres including 6.1m of 1.17% Ni, 1.45% Cu from 762.4 to 768.5m drill depth and 2.0 m of 1.73% Ni, 0.31% Cu from 774.5 to 776.5m drill depth. Zone B was intersected from 800.2m to 806.0m drill depth. Results were 0.27% Ni, 0.24% Cu over 5.8 metres. Drill core intersection widths are estimated to be between 65 and 80% true width.

Fig 1: Long section of Kenbridge deposit showing drilling targets. Completed or holes in progress are outlined in red circles.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1492/288216_d63210af3456385c_002full.jpg

Mark Appleby, CEO of Tartisan Nickel Corp., stated, ‘The KB26-210-hole result represents a significant high-grade intercept. We are very encouraged to see the wider intersection as the deposit appears to now flare outwards at depth. Intersecting 24.6 metres of 0.71% Ni and 0.56% Cu including higher grade portions (1.17% Ni, 1.45% Cu over 6.1m and 1.73% Ni, 0.31% Cu over 2.0m) confirms continuity of significant nickel-copper mineralization in this system. These results will strengthen our ability and confidence in upgrading our resource and in the project’s overall potential. While we have now taken a brief pause for spring break up, the company will introduce Borehole EM down the drill holes completed in Phase 1 and commence Phase 2 drilling this spring. We look forward to drilling below the existing shaft bottom to test for the depth extension to the deposit shortly.’

Table 1: Highlight intervals (* denotes hole reported in this release)

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1492/288216_table1.jpg

The Kenbridge Property is in the Kenora Mining District, Sioux Narrows, Ontario, Canada with all-season road access. The Kenbridge Deposit has an existing shaft to a depth of 2,042 ft (622 m), with level stations at 150 ft. (45 m) intervals below the shaft collar and two levels developed at 350 ft (107 m) and 500 ft (152 m) below the shaft collar.

Surveyed Hole Locations (Coordinates in UTM zone 15)

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1492/288216_table2.jpg

Qualified Person

The technical information in this news release has been prepared in accordance with Canadian regulatory requirements as set out in NI 43-101 and reviewed and approved by Dean MacEachern, P. Geo., an Independent Consultant to the Company and a Qualified Person as defined by NI 43-101.

QA/QC

Sample QA/QC procedures for Tartisan have been designed to meet or exceed industry standards. Drill core is collected from the diamond drill and placed in sealed core trays for transport to on-site sampling and core cutting facilities. The core is logged and samples taken from 0.3m to a maximum sample length of 1.5m. The core samples are split with a diamond blade saw with continuous running water, half of the sample is sent for lab testing, and the remaining half core is left in the core box for record or further sampling. The core samples are bagged in heavy plastic bags with 6 samples being placed into a rice bag for transport to AGAT Laboratories in Thunder Bay, ON or Calgary, AB for assay. Samples are submitted in batches of 50. 100g blind certified reference materials (CRMs) from CDN Resources, as well as, duplicates and blank samples are systematically inserted by the Company into the sample stream with reference to the mineralization in the sampled rock and analyzed as part of the Company’s quality assurance/quality control protocol, as well, AGAT labs implements their own quality control testing by inserting their own CRMs and Blanks in the sample stream for accredited testing.

All drill core samples were prepped and analyzed at AGAT Laboratories in Thunder Bay, Ontario or shipped to Calgary for testing. An ISO/IEC 17025 2017 certified independent laboratory from organizations like the Standards Council of Canada (SCC), the Canadian Association for Laboratory Accreditation (CALA), ANSI National Accreditation Board (ANAB) and the American Association of Laboratory Accreditation (A2LA). They maintain accreditations across their facilities in Alberta, Saskatchewan, Ontario, Nova Scotia, Newfoundland, Quebec and internationally.

NQ-diameter sawed half-core samples from the drilling program were securely sent by Tartisan Nickel Corp’s geologists to AGAT Laboratories Ltd. (AGAT), with sample preparation in Thunder Bay, Ontario, and analysis in Thunder Bay, Ontario & Calgary, Alberta. Samples were processed for Au, Pt and Pd analysis by 50-gram fire assay with ICP-OES finish and for four acid digestion, multi-element analysis by inductively coupled plasma & mass spectrometry (ICP OES + MS). AGAT sample preparation and laboratory analysis procedures conform to requirements of ISO/IEC Standard 17025 guidelines and meet the requirements under NI 43-101 and CIM best practice guidelines. AGAT Laboratories is independent of Tartisan Nickel Corp.

Samples were dried and crushed to 2 mm, from which a 250 g sub-sample split was then pulverized to 85% passing a 75 micron sieve. Following preparation, assays were determined by the ICP OES method. A 0.25 g aliquot of the prepared pulp was digested in a 4-acid solution consisting of hydrochloric, nitric, perchloric and hydrofluoric acids. 4-acid is a near total digest and only the most highly resistant minerals are not dissolved. The resulting solution was analyzed via ICP-MS and ICP-ES for 8 elements and was corrected for inter-element spectral interferences. Lower detection limits for this procedure are 0.01 ppm for nickel, 0.01 ppm for copper, 0.01 ppm for cobalt, 0.01 ppm for platinum, 0.01 ppm palladium, 0.01 ppm silver and 0.01 ppm for gold.

Samples with initial results beyond the upper detection limit of the ICP OES method were analyzed by (201-071) 4 acid digest – Metals Package, ICP-OES/ICP-MS finish (CGY). The thresholds are >1% for nickel, copper and cobalt. AGAT Laboratories employs internal quality control standards, duplicates and blank samples at set frequencies. Tartisan Nickel Corp. stores all its drilled core on-site and takes pride in its facilities and strives for excellence in its QA/QC procedures.

About Tartisan Nickel Corp.

Tartisan Nickel Corp. is a Canadian-based critical minerals exploration and development company which owns, the Kenbridge Nickel-Copper Project near Sioux Narrows, Northwestern Ontario, the Sill Lake Silver Project near Sault Ste. Marie, Ontario as well as the Night Danger Turtle Pond Project near Dryden, Ontario.

Tartisan Nickel Corp. common shares are listed on the Canadian Securities Exchange (CSE: TN,OTC:TTSRF) (OTCQX: TTSRF) (FSE: 8TA). Currently, there are 152,215,641 shares issued and outstanding (156,287,356 fully diluted).

For further information, please contact Mark Appleby, President & CEO, and a Director of the Company, at 416-804-0280 (info@tartisannickel.com). Additional information about Tartisan Nickel Corp. can be found at the Company’s website at www.tartisannickel.com or on SEDAR+ at www.sedarplus.ca.

This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/288216

News Provided by TMX Newsfile via QuoteMedia

This post appeared first on investingnews.com

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Business

Stocks have their worst quarter since 2022, raising doubts about Trump’s economic playbook

Business 5 Mins Read

Stocks surged Tuesday, with the S&P 500 closing up 2.9% while the Nasdaq rose 3.8% and the Dow gained 1,125 points.

But this very good day capped off what was a very bad month for U.S. equities. The S&P 500 fell 5.09% in March, and the Nasdaq Composite declined 4.75%.

The U.S.-Israeli war on Iran and the near-total blockade of the Strait of Hormuz, a narrow, Iranian controlled waterway through which a fifth of the world’s crude oil typically transits every day, weighed heavily on markets throughout the month.

Tuesday was also the end of the first quarter of the year, one when the S&P 500 and Nasdaq posted their worst annual starts since 2022, when the Russian invasion of Ukraine rocked markets.

For the first quarter, the S&P 500 dropped 4.6% and the Nasdaq declined 7.1%.

Oil prices, meanwhile, soared over the past month, driving up the cost of fuel and triggering a domino effect of higher prices around the globe.

Brent, the international oil benchmark, posted its largest monthly percentage increase ever, after having risen more than 60%. The price of U.S. West Texas Intermediate crude oil also soared in March, climbing more than 50% in its biggest one-month gain since 2020.

For millions of drivers in the U.S., the increases manifest as higher prices for gas. And here, too, the past month was remarkable. The average price of unleaded gasoline hit $4 per gallon Tuesday, up more than 34% in just four weeks.

But it’s not just gas prices that hit U.S. households this month.

More than half of all adults in the U.S. own stocks, often via their retirement accounts and the broader funds those managed accounts invest in. Most of the time, market moves up and down don’t swing the value of those kinds of diversified retirement accounts.

But March was a different story.

“Stocks have been following the lead of oil prices at an unprecedented rate over the last several weeks, and if the U.S. just walked away from the Middle East with the Strait still blockaded, energy markets would likely remain incredibly supply-constrained, keeping prices high,” analysts at Bespoke Investment Group wrote Tuesday.

“The longer prices are high and supplies are limited, the worse it’s going to be for the global economy and ultimately stock prices,” they added.

The wild market swings of the second Trump administration are in sharp contrast to how Donald Trump said the markets would react if he were elected to a second term in 2024.

“There are many people that are saying that the only reason the Stock Market is high is because I am leading in all of the Polls, and if I don’t win, we will have a CRASH of similar proportions to 1929,” Trump wrote on Truth Social in May 2024 as he campaigned for the presidency.

Shortly after he was re-elected in 2024, Trump was asked whether he believed market indexes were good barometers of his performance in office. “To me … all of it together, it’s very important,” he told CNBC.

But during the first 14 months of his second term, U.S. markets have faced some of the sharpest drawdowns in history.

In February and March of last year, Trump’s sweeping tariff policies roiled the market, pushing the S&P 500 into its seventh-fastest correction of all time. A correction is when a stock or an index declines 10% from its most recent record high.

Just over a year later, the S&P 500 isn’t far from doing it again. As of Tuesday’s closing bell, the index had tumbled 6.7% from its most recent high in January.

As oil prices rise, stocks typically fall given that higher oil prices typically lead to higher prices across a number of industry sectors over the long run.

Already, inflation is on the rise around the world. On Tuesday morning, eurozone inflation came in at 2.5%, from 1.9% the month before, according to the European Central Bank.

On Tuesday, the Nikkei 225 in Japan recorded its worst month since 2008. In Europe, the Stoxx 600 index posted its worst month since 2022.

Two near-corrections in just over a year illustrates just how volatile the administration’s policies have been for markets.

Still, since Trump took office for a second time, the S&P 500 is up 8%, although last year global stocks far outpaced the broad U.S. index.

In 2025, global stocks as measured by the MSCI ACWI ex USA index rose nearly 30%, while U.S. stocks rose just 16%. Global stocks haven’t beaten American equities by that much during the first year of a presidential term since 1993, according to data from Bloomberg.

In recent weeks, Trump has repeatedly touted the Dow’s recent 50,000 milestone as a sign that the markets are doing well in his presidency.

“You know, it’s sort of crazy, I hit 50,000 on the Dow,” Trump said at an investment conference in Florida on Friday. “People said that wouldn’t be possible within four years.”

“And then we hit 7,000 on the S&P,” Trump added. “People said that’s even harder than hitting 50,000 on the Dow.”

As of Tuesday, the Dow had plunged more than 3,600 points since it hit 50,000, a drop of nearly 7.5%.

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Politics

ICE arrests relatives of slain Iranian general Soleimani living in US after Rubio revokes their green cards

Politics 3 Mins Read

Two relatives of slain Iranian Revolutionary Guard Corps Maj. Gen. Qasem Soleimani living in Los Angeles were taken into custody by federal agents after Secretary of State Marco Rubio revoked their green cards, officials said.

Hamideh Soleimani Afshar, identified as Soleimani’s niece, and her daughter were arrested and are now being held by U.S. Immigration and Customs Enforcement (ICE), according to an announcement Saturday from the State Department.

The Trump administration says Afshar has been a supporter of Iran’s “totalitarian, terrorist” regime.

“Afshar is the niece of deceased Iranian Major General Qasem Soleimani,” Rubio wrote on X. “She is also an outspoken supporter of the Iranian regime who celebrated attacks on Americans and referred to our country as the ‘Great Satan.’

RADICAL US MOSQUES HONOR IRAN’S SUPREME LEADER’S ‘MARTYRDOM’ WITH MEMORIAL SERVICES, EULOGY: ‘OUR LEADER’

“This week, I terminated both Afshar and her daughter’s legal status and they are now in ICE custody, pending removal from the United States.”

In January 2020, a U.S. airstrike in Baghdad killed Soleimani during President Donald Trump’s first term in office.

While living in the U.S., Afshar “promoted Iranian regime propaganda, celebrated attacks against American soldiers and military facilities in the Middle East, praised the new Iranian Supreme Leader, denounced America as the ‘Great Satan,’ and voiced her unflinching support for the Islamic Revolutionary Guard Corps, a designated terrorist organization,” the State Department said.

“[Afshar] pushed this propaganda for Iran’s terrorist regime while enjoying a lavish lifestyle in Los Angeles, as attested to by her frequent posting on her recently deleted Instagram account,” the department said.

IRAN VOWS ‘HARSH RETALIATION’ AFTER US AIRSTRIKE KILLS IRANIAN GEN. QASSEM SOLEIMANI

According to the Department of Homeland Security, ICE officers arrested Afshar and her daughter Friday in Los Angeles.

DHS said Afshar entered the U.S. on a tourist visa in June 2015, was granted asylum in 2019 and became a green card holder in 2021 under the Biden administration.

“In July 2025, she filed a naturalization application, where she disclosed she traveled to Iran at least four times since being issued a green card. Her trips to Iran illustrate her asylum claims were fraudulent,” a DHS spokesperson told Fox News.

Her daughter entered the U.S. on a student visa in July 2015, was granted asylum in 2019 and became a green card holder in 2023, according to DHS.

“It is a privilege to be granted a green card to live in the United States of America,” the spokesperson added. “If we have reason to believe a green card holder poses a threat to the U.S., the green card will be revoked.”

FORMER IRANIAN MINISTER PRAISES TRUMP ASSASSINATION FATWA AS DAUGHTER LIVES IN NEW YORK

In addition to revoking Afshar and her daughter’s lawful permanent resident status, officials said Afshar’s husband has been barred from entering the U.S.

Earlier this month, the State Department also terminated the legal status of Fatemeh Ardeshir-Larijani, the daughter of a former senior Iranian official, and her husband.

Both are no longer in the U.S. and are barred from reentry.

“The Trump Administration will not allow our country to become a home for foreign nationals who support anti-American terrorist regimes,” the announcement said.

The State Department and ICE did not immediately respond to Fox News Digital’s request for comment.

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Politics

Child of Chinese illegal immigrants charged with planting explosive at US military base

Politics 4 Mins Read

The Department of Homeland Security revealed that a suspect who fled to China after allegedly planting a deadly explosive device at a military base is the child of two Chinese illegal immigrants.  

U.S. Immigration and Customs Enforcement arrested Chinese nationals Qiu Qin Zou and Jia Zhang Zheng, both of whom were living in the U.S. illegally, Homeland Security said. 

They were arrested after two of their adult children, Ann Mary Zheng and Alen Zheng, were connected to a failed plot to detonate an improvised explosive device (IED) at MacDill Air Force Base in Florida in mid-March. 

The base is home to U.S. Central Command, which oversees military operations in the Middle East, and Special Operations Command, which oversees all special operations forces across the Department of War.

ICE DETAINS PRESIDENT OF WISCONSIN’S LARGEST MOSQUE, ALLEGING HE HID CONVICTION FOR ATTACKS ON ISRAELIS

The alleged perpetrators of the attempt were born in the U.S. after their parents illegally entered the country, according to the Department of Homeland Security. 

The agency asserted the case “illustrates why the improper recognition of ‘birthright citizenship’ for children of illegal aliens is not only inconsistent with the Constitution, but endangers all Americans.”

Birthright citizenship refers to the principle that anyone born on U.S. soil is automatically granted U.S. citizenship. 

The FBI said Alen Zheng, who is believed to have planted the improvised explosive device at MacDill Air Force Base March 10, is currently in China. He is facing charges of attempted damage to government property by fire or explosion, unlawful making of a destructive device and possession of an unregistered destructive device, which carry a potential sentence of up to 40 years in prison.

FBI Tampa arrested Ann Mary Zheng March 17 after her return to the U.S. from China, where she had fled with her brother. She was charged as an accessory after the fact and tampering with evidence, facing up to 30 years in prison. 

She is accused of hiding or damaging a 2010 Mercedes-Benz to prevent its use in legal proceedings, court documents show. 

Prosecutors allege the siblings attempted to cover their tracks by selling the vehicle to car dealer CarMax. Despite the vehicle being vacuumed and cleaned, investigators later discovered trace explosive residue inside the vehicle.

The day after Ann Mary Zheng’s arrest, ICE apprehended both parents, Qiu Qin Zou and Jia Zhang Zheng. They are in ICE custody, according to the Department of Homeland Security. 

Both parents applied for asylum in the U.S. but were denied and ordered removed by an immigration judge in 1998, according to the agency. 

The Department of Homeland Security said the Bureau of Immigration Appeals denied multiple attempts by the parents to have their case reopened. Despite this, both remained living in the U.S. illegally for nearly three decades.

The department said the case highlights the “grave danger” of current U.S. law granting automatic citizenship to anyone born on American soil, including the children of illegal immigrants.

WATCH: PRESIDENT TRUMP REVEALS FAMILIES OF SLAIN US SERVICE MEMBERS URGED HIM ‘FINISH THE JOB’

After the parents’ arrests, acting Department of Homeland Security Assistant Secretary Lauren Bis said “automatically granting citizenship to children of illegal aliens born in the U.S. … poses a major national security risk.”

“That reality became apparent last week when two U.S.-born children of Chinese illegal aliens were indicted for planting a potentially deadly explosive device outside MacDill Air Force Base in Florida,” said Bis.

“This incident underscores the severe national security threat that illegal immigration and birthright citizenship pose to the United States.”

Bis also asserted that the policy of granting automatic birthright citizenship “is based on a historically inaccurate interpretation of the Citizenship Clause” of the 14th Amendment.

The Supreme Court is weighing the constitutionality of an executive order signed by President Donald Trump that would end birthright citizenship for the children of illegal immigrants. Trump signed the order on his first day back in the Oval Office in 2025. 

PETE HEGSETH SIGNS MEMO OPENING DOOR FOR TROOPS TO CARRY PERSONAL FIREARMS ON BASES

The court held oral arguments on the case Wednesday, and justices appeared skeptical of Trump’s order.

Amy Swearer, a senior legal fellow at Advancing American Freedom, described the court’s line of questioning as “disappointing” for proponents of Trump’s stance on birthright citizenship.

“Most people understood coming into this, and I suspect even the government understood coming into this, that this was probably going to be a bit of an uphill battle,” Swearer said.

“I do think there’s a path forward” for a Trump victory, though it would likely be narrow and partial.

Fox News Digital’s Alex Nitzberg and Alexandra Koch contributed to this report.

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Investing

NevGold Mobilizes Drill To Test Historical Leach Pads To Advance The Near-Term Antimony Production Scenario at Limo Butte

Investing 11 Mins Read

Nevgold Corp. (‘NevGold’ or the ‘Company’) (TSXV:NAU,OTC:NAUFF) (OTCQX:NAUFF) (Frankfurt:5E50) is pleased to announce that the permits have been received and a drill rig is mobilizing to its Limousine Butte Project (the ‘Project’, ‘Limo Butte’) in Nevada. The drilling will test the historical gold heap leach pads for antimony with the objective of advancing the leach pads to a near-term antimony production scenario. This is one of the only near-term, at-surface antimony production scenarios in the United States with a path to potential antimony metal production by 2027. 

NevGold CEO, Brandon Bonifacio, comments: ‘There are very few opportunities like the near-term antimony production potential from the historical gold leach pads at Limo Butte. There is a clear mandate in the United States to find near-term production from a number of Critical Minerals, and we have one of those opportunities which we are rapidly advancing. We are in an advantageous position as we have oxide antimony at surface amendable to leaching at a brownfield mine site in the State of Nevada, which is one of the top mining jurisdictions globally with a systematic permitting regime and strong community support. Our focus is to drill the leach pads to advance to a Mineral Resource Estimate by the beginning of Q2-2026, which will define the grade and quantities of contained antimony that we have on the pads. Once an MRE is delivered, we will be able to evaluate the various development scenarios to extract the antimony from the leach pads, with the objective of reaching antimony metal production by 2027. We have the opportunity to be one of the near-term solutions to the United States building a fully vertically integrated antimony supply chain‘

Key Highlights

  • Drilling will advance the leach pads to a Mineral Resource Estimate (‘MRE’) by the beginning of Q2-2026 building on the Phase 1 sampling completed (see News Release from January 6, 2026):
    • The MRE is a key step in defining the quantities of antimony that could be processed in the near-term from the historical gold leach pads
    • Drilling will be completed over the coming weeks
    • Certain areas of the leach pads had Phase I sampling results of 0.74% Sb to 0.81% Sb (See Figure 1)
      • 2025 testwork using acid leaching resulted in antimony recoveries of up to 92%
      • Acid Leaching is being reviewed as the preferred metallurgical process for antimony as there is no reliance on downstream processing at third-party smelters; the acid leaching scenario would produce antimony metal at site through a conventional leaching scenario, which has many similarities to Solvent Extraction-Electrowinning (SX/EW) used for oxide copper in the copper industry
      • Antimony recovery has minimal to no impact on gold recovery; the gold in the historical leach pads could also be recovered in the future after antimony processing is completed
    • Antimony is one of the highest priority Critical Minerals due to its strategic importance and military applications; Limo Butte is a brownfield mine site located in the State of Nevada with near-surface, high-grade antimony mineralization
      • Historical leach pads provide opportunity for near-term antimony production
      • A larger commercial gold-antimony opportunity could be advanced and developed in parallel to the historical leach pad opportunity, including drilling, metallurgical testwork, and the preparation of a Mineral Resource Estimate (‘MRE’) at Resurrection Ridge (including high-grade antimony Bullet Zone discovery made in 2025) and Cadillac Valley
      • A staged project development approach offers various potential development scenarios over the next 12-24 months which may achieve near-term production and cash flow
    • 30 holes completed in the current 2025-2026 drill program with 12 holes pending release 

    Limo Butte Planned 2026 Activities / Status Update
    NevGold will continue its active exploration program at Limo Butte including:

    • Evaluating the historical geological database with focus on gold and antimony (completed);
    • Advancing metallurgical testwork (ongoing);
    • Continuing to drill test gold-antimony targets (5,000 meters (30 drillholes) completed, a further 20,000 meters is planned in 2026 focused on the Bullet Zone and Armory Fault discoveries);
    • Advancing the Crushed and Run of Mine (‘ROM’) leach pads to near-term antimony production (Drilling March-2026, MRE beginning of Q2-2026, ongoing metallurgical testwork);
    • Completing initial gold-antimony Mineral Resource Estimate (MRE) (in progress).

    Figure 1 – Historical gold leach pads and summary of Phase 1 pit sampling antimony results released on January 6, 2026. The results show consistent antimony grade throughout both the Crushed and ROM pads. The historically mined leach pads have material at surface that was previously mined and crushed with strong antimony-gold potential. To view image please click here

    Figure 2 – Historical gold leach pads and summary of Phase 1 pit sampling gold results released on January 6, 2026. The results show consistent gold grade throughout both the Crushed and ROM pads. The historically mined leach pads have material at surface that was previously mined and crushed with strong antimony-gold potential. 
    To view image please click here

    Figure 3 – Resurrection Ridge target area with the historically mined Golden Butte pit gold leach pads. 
    To view image please click here

    US Executive Order – Announced March 20, 2025
    The Company is pleased to report the sweeping Executive Order to strengthen American mineral production and reduce U.S. reliance on foreign nations for its mineral supply. Antimony (Sb) has been identified as an important ‘Critical Mineral’ in the United States essential for national security, clean energy, and technology applications, yet limited domestic mine supply currently exists.

    The Executive Order invokes the use of the Defense Production Act as part of a broad United States (‘US’) Government effort to expand domestic minerals production on national security grounds. As it relates to project permitting, the Order states that it will ‘identify priority projects that can be immediately approved or for which permits can be immediately issued, and take all necessary or appropriate actions…to expedite and issue the relevant permits or approvals.’ Furthermore, the Order includes provisions to accelerate access to private and public capital for domestic projects, including the creation of a ‘dedicated mineral and mineral production fund for domestic investments’ under the Development Finance Corporation (‘DFC’).

    This decisive action by the US Government highlights the urgent need to expand domestic minerals output to support supply chain security in the United States. This important Order will help revitalize domestic mineral production by improving the permitting process and providing financial support to qualifying domestic projects.

    Importance of Antimony
    Antimony is considered a ‘Critical Mineral’ by the United States based on the U.S. Geological Survey’s 2022 list (U.S.G.S. (2022)). ‘Critical Minerals’ are metals and non-metals essential to the economy and national security. Antimony is utilized in all manners of military applications, including the manufacturing of armor piercing bullets, night vision goggles, infrared sensors, precision optics, laser sighting, explosive formulations, hardened lead for bullets and shrapnel, ammunition primers, tracer ammunition, nuclear weapons and production, tritium production, flares, military clothing, and communication equipment. Other uses include technology (semi-conductors, circuit boards, electric switches, fluorescent lighting, high quality clear glass and lithium-ion batteries) and clean-energy storage.

    Globally, approximately 90% of the world’s current antimony supply is produced by China, Russia, and Tajikistan. Beginning on September 15, 2024, China, which is responsible for nearly half of all global mined antimony output and dominates global refinement and processing, announced that it will restrict antimony exports. In December-2024, China explicitly restricted antimony exports to the United States citing its dual military and civilian uses, which further exacerbated global supply chain concerns. (Lv, A. and Munroe, T. (2024)) The U.S. Department of Defense (‘DOD’) has designated antimony as a ‘Critical Mineral’ due to its importance in national security, and governments are now prioritizing domestic production to mitigate supply chain disruptions. Projects exploring antimony sources in North America play a key role in addressing these challenges.

    Perpetua Resources Corp. (‘Perpetua’, NASDAQ:PPTA, TSX:PPTA) has the most advanced domestic gold-antimony project in the United States. Perpetua’s project, known as Stibnite, is located in Idaho approximately 130 km northeast of NevGold’s Nutmeg Mountain and Zeus projects. Positive advancements at Stibnite including technical development and permitting has led to US$75 million in Department of Defense (‘DOD’) awards, over $1.8 billion in indicative financing from the Export Import Bank of the United States (‘US EXIM’) (see Perpetua Resources News Release from April 8, 2024) (Perpetua Resources. (2025)), and recent strategic investments of US$180 million from Agnico-Eagle Mines Limited (‘Agnico’) and US$75 million from JPMorganChase’s $1.5 trillion Security and Resiliency Initiative. (see Perpetua Resources News Release from October 27, 2025)

    Figure 4 – Limousine Butte Land Holdings and District Exploration Activity To view image please click here

    ON BEHALF OF THE BOARD

    ‘Signed’

    Brandon Bonifacio, President & CEO

    For further information, please contact Brandon Bonifacio at bbonifacio@nev-gold.com, call 604-337-4997, or visit our website at www.nev-gold.com.

    Sampling Methodology, Quality Control and Quality Assurance
    NevGold QA/QC protocols are followed on the Project and include insertion of duplicate, blank and standard samples in all drill holes. Drill, surface, and pit samples are sent to ISO 17025 certified American Assay Labs in Reno, Nevada. A 30g gold fire assay and multi-elemental analysis ICP-OES method were completed.

    The pit sampling was conducted by Greg French, CPG, the Company’s Vice President, Exploration, who is NevGold’s Qualified Person (‘QP’) under National Instrument 43-101. Mr. French also and reviewed and approved the technical information contained in this news release

    About the Company
    NevGold is an exploration and development company targeting large-scale mineral systems in the proven districts of Nevada and Idaho. NevGold owns a 100% interest in the Limousine Butte and Cedar Wash gold projects in Nevada, and the Nutmeg Mountain gold project and Zeus copper project in Idaho.

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

    Cautionary Note Regarding Forward Looking Statements

    This news release contains forward-looking statements that are based on the Company’s current expectations and estimates. Forward-looking statements are frequently characterized by words such as ‘plan’, ‘expect’, ‘project’, ‘intend’, ‘believe’, ‘anticipate’, ‘estimate’, ‘suggest’, ‘indicate’ and other similar words or statements that certain events or conditions ‘may’ or ‘will’ occur. Forward-looking statements include, but are not limited to, the proposed work programs at Limousine Butte, the exploration potential at Limousine Butte, and the completion of future potential project milestones such as the potential Mineral Resource Estimate (‘MRE’) and reaching potential antimony production. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause actual events or results to differ materially from estimated or anticipated events or results implied or expressed in such forward-looking statements. Such risks include, but are not limited to, general economic, market and business conditions, and the ability to obtain all necessary regulatory approvals. There is some risk that the forward-looking statements will not prove to be accurate, that the management’s assumptions may not be correct or that actual results may differ materially from such forward-looking statements. Accordingly, readers should not place undue reliance on the forward-looking statements. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein.

    References

    Blackmon, D. (2021) Antimony: The Most Important Mineral You Never Heard Of. Article Prepared by Forbes.

    Kurtenbach, E. (2024) China Bans Exports to US of Gallium, Germanium, Antimony in response to Chip Sanctions. Article Prepared by AP News.

    Lv, A. and Munroe, T. (2024) China Bans Export of Critical Minerals to US as Trade Tensions Escalate.  Article Prepared by Reuters.

    Lv, A. and Jackson, L. (2025) China’s Curbs on Exports of Strategic Minerals. Article Prepared by Reuters.

    Perpetua Resources. (2025) Antimony Summary.  Articles and Videos Prepared by Perpetua Resources.

    Sangine, E. (2022) U.S. Geological Survey, Mineral Commodity Summaries, January 2023. Antimony Summary Report prepared by U.S.G.S

    U.S.G.S. (2022) U.S. Geological Survey Releases 2022 List of Critical Minerals. Reported Prepared by U.S.G.S

    News Provided by GlobeNewswire via QuoteMedia

    This post appeared first on investingnews.com

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    Business

    U.S. crude tops $100 and the S&P 500 approaches correction as Iran war enters second month

    Business 3 Mins Read

    Global oil prices continued their recent climb and the S&P 500 closed lower Monday after a weekend when Iran-backed Houthi militants launched ballistic missiles at Israel and 3,500 additional U.S. troops arrived in the Middle East.

    The conflict between Iran, the U.S. and Israel has entered its second month, with disruptions to oil and other energy and commodities supplies starting to reverberate around the world.

    Brent crude oil, the global benchmark, gained 1.5%, to more than $114 a barrel, while U.S. West Texas Intermediate crude climbed almost 5%, to about $104 a barrel, settling above $100 for the first time since 2022.

    Rising oil prices are one of the more immediate consequences of the war. Average U.S. gasoline prices hit $3.99 a gallon Monday, according to AAA, the highest since the summer of 2022. Patrick De Haan, chief analyst at Gas Buddy, projected Monday afternoon they would rise to $4 within 24 hours as the average price of gasoline in Florida surged to $4.29.

    De Haan estimates that U.S. drivers will soon have spent an additional $10 billion on gasoline since the conflict began just one month ago.

    The S&P 500, one of the broadest measures of stocks, fell 0.4% Monday and is now within less than a full percentage point of having declined 10% since its most recent high in January. The tech-focused Nasdaq Composite Index is already in correction territory, down more than 13% from its October high.

    Some investors have begun to question President Donald Trump’s ability to reassure financial markets without material progress on the ground.

    Investors also increased their purchases of U.S. government bonds Monday over fears of an economic slowdown, sending bond yields lower and dragging down stocks.

    Traders now believe higher oil prices may put a damper on overall demand for goods and services.

    Bloomberg News reported that U.S. officials and Wall Street analysts have begun considering the prospect that oil prices could surge to as much as $200 a barrel as the largest oil shock in decades continues to reverberate.

    That prospect has led analysts to project a global economic slowdown that would hit a U.S. economy already facing suddenly higher gasoline prices.

    Earlier Monday, Trump said “great progress has been made” in talks with Iran. At the same time, he threatened to destroy Iran’s civilian energy and water infrastructure if a deal to end the war and reopen the crucial Strait of Hormuz is not reached soon.

    Tehran has said U.S. proposals were “unrealistic” and “unreasonable.”

    “I think we’ll make a deal with them, pretty sure, but it’s possible we won’t,” Trump told reporters late Sunday. He later said a deal could come “soon.”

    Trump also said that Iran “gave us most” of a 15-point plan the U.S. sent Tehran to end the war, which Iran has yet to publicly confirm, and that 20 boatloads of oil — on top of 10 the previous week — will be passing through the Strait of Hormuz beginning Monday “out of a sign of respect.”

    Trump separately told the Financial Times on Sunday that an Iran deal could be made “fairly quickly” and that he wants to “take the oil in Iran.”

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    The world economy is experiencing the most severe oil shock in decades. The worst could still be on the way.

    Business 2 Mins Read

    Surging oil prices continue to ripple through the global economy because of the war with Iran. Now, some analysts say the worst could still be ahead as the conflict drags on.

    The concern is that beyond immediate knock-on effects from rising gasoline prices, the war’s disruption could come in waves — ones that will play out over weeks and months and leave few parts of the global economy untouched.

    “We haven’t seen the brunt of it yet,” said Samantha Gross, director of energy security and climate at the Brookings Institute. “I feel like markets are so far underestimating the effect of the war. It seems that they expect this war to go quickly, and they expect that we can go back to the world before when it’s over. And I don’t think either of those ideas is true.”

    The warning signs are already here. The global oil price benchmark, Brent crude — which heavily influences U.S. gasoline prices — briefly topped $119 a barrel last week, the highest since the war began and a level last seen in July 2022 amid the pandemic-era inflation wave. As of Monday, Brent prices had settled at about $113 a barrel.

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    A global jet fuel shortage is raising the cost of air travel

    Business 5 Mins Read

    American flyers still smarting from interminable airport security lines are about to get another shock.

    A looming global jet fuel shortage is expected to hike the cost of air travel and reduce flight schedules, as airlines look to offset rising prices.

    On Monday, JetBlue announced it was raising baggage fees, citing “rising operating costs.”

    “While we recognize that fee increases are never ideal, we take careful consideration to ensure these changes are implemented only when necessary,” the carrier said.

    United Airlines CEO Scott Kirby said costs to passengers have already been increasing. Data from flight information group OAG shows average airfares in the past week reached $465, the highest price point for the same period since at least 2019.

    “We have to raise prices to deal with higher fuel prices,” Kirby acknowledged at a company event last week in Los Angeles. In a subsequent memo, he added: “It may be a challenge to continue passing through much of the increased fuel price if oil stays higher for longer.”

    The rising prices are the latest example of the economic fallout from the war with Iran. Analysts have started warning that the full toll has only begun to be accounted for as the global economy absorbs the loss of critical energy exports out of the region due to the closure of the Strait of Hormuz and damage to other key energy infrastructure sites in the region. On Tuesday, U.S. gasoline prices hit $4 a gallon for the first time since 2022 amid surging oil prices. Major stock indexes, meanwhile, have fallen by nearly 10% since the start of the war.

    In the case of air travel, the industry is facing jet fuel prices that have surged 85% in the U.S. since the day before the war began in February, according to data from Argus published by the industry group Airlines for America. On Monday, they hit a record $4.62 a gallon.

    Most U.S. carriers no longer hedge fuel costs, said Henry Harteveldt, president of Atmosphere Research Group. So they are forced to pass on some costs to passengers.

    While U.S. carriers largely source jet fuel domestically, countries in Asia and Europe that are more reliant on Middle East stocks have begun signaling they are taking unprecedented measures to conserve jet fuel. In South Korea, carriers have requested that the government help redirect fuel stocks bound for export back to local markets.

    The Financial Times reported Monday that the U.K. was also facing an acute shortage, with no Britain-bound cargoes visible on the water as transit through the Strait of Hormuz remains blocked. Some foreign carriers have begun charging fuel surcharges of as much as $150.

    As overseas carriers begin looking to alternative supply bases, the cost for a global commodity like jet fuel rises across the board.

    “It shocks the entire mechanism,” said Jaime Brito, an executive director at Oil Price Information Service consultancy.

    President Donald Trump commented on the jet fuel shortages Tuesday morning, though he did not mention their impact on U.S. travelers.

    “All of those countries that can’t get jet fuel because of the Strait of Hormuz, like the United Kingdom, which refused to get involved in the decapitation of Iran, I have a suggestion for you: Number 1, buy from the U.S., we have plenty, and Number 2, build up some delayed courage, go to the Strait, and just TAKE IT,” he wrote on Truth Social.

    Airlines are also signaling capacity cuts to cope with rising costs. United will drop about 5% of planned flights in mostly “off-peak periods” — like red-eye and midweek routes — during the second and third quarters of 2026 to further mitigate the cost increases.

    “We’re certainly going to be nimble in terms of capacity to make sure that supply and demand stay in balance,” American Airlines CEO Robert Isom said at a JPMorgan conference earlier this month.

    Kyle Potter, executive editor of the Thrifty Traveler, said most carriers have quietly been raising airfares since the Iran war began. He said airlines typically move in droves when making pricing decisions, so it is likely that other carriers may also soon begin raising baggage fees or seek other forms of ancillary revenue. Potter noted that unlike airfares, revenues from these fees are not subject to federal excise taxes.

    As a result, the fees — unlike airfares — are unlikely to come back down assuming jet fuel prices recover.

    Representatives for five other major U.S. carriers did not respond to a request for comment.

    The acute fuel price increase comes as air travel demand has remained steady, with January and February ticket sales at or near records. While investors have taken airline stocks down some 25% since the start of the Iran war, Kirby said that customers appear willing to keep booking thanks to healthy demand even if airfare rises.

    “The number of wealthy Americans who are traveling is bigger and wealthier than ever, and that is what much of the airline industry is relying on right now,” Potter said. “And that means they’re more immune to higher fees, higher fares and just getting turned off by negative news about travel.”

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    Trump says his ‘preference’ would be to ‘take the oil in Iran’

    Business 2 Mins Read

    President Donald Trump said Sunday that he would like to “take the oil in Iran” and is considering seizing the export hub of Kharg Island, which is responsible for more than 90% of Iran’s oil exports.

    In an interview with the Financial Times, Trump said his “preference would be to take the oil.”

    “To be honest with you, my favorite thing is to take the oil in Iran but some stupid people back in the U.S. say: ‘Why are you doing that?’ But they’re stupid people,” he said.

    The interview marks some of Trump’s most direct comments about his thinking on what to do with Iran’s oil.

    In an interview with NBC News this month, Trump sidestepped answering whether he had plans to try to take Iran’s oil.

    “You look at Venezuela,” he said. “People have thought about it, but it’s too soon to talk about that.”

    In January, the U.S. captured Venezuelan leader Nicolás Maduro and proceeded to take more control over the country’s oil industry.

    The White House did not immediately respond to a request for comment Sunday night.

    Trump told the Financial Times on Sunday that the U.S. has “a lot of options,” including potentially taking Kharg Island, a rare island made of hard coral off Iran.

    “Maybe we take Kharg Island, maybe we don’t. We have a lot of options,” Trump said. “It would also mean we had to be there [in Kharg Island] for a while.”

    Oil prices have skyrocketed around the globe as the war continues, with U.S. crude oil costing over $100 a barrel Sunday.

    Thousands more U.S. troops are heading to the Middle East, with the USS Tripoli arriving on Saturday as part of a complement of 3,500 troops. But Trump and his administration continue to signal that they are working to negotiate a 15-point proposal to end the war.

    Trump declined Sunday to offer specific details about whether a ceasefire deal could be reached in the coming days to reopen the Strait of Hormuz, a critical waterway used to move about 20% of the world’s oil exports.

    “We’ve got about 3,000 targets left — we’ve bombed 13,000 targets — and another couple of thousand targets to go,” Trump said in the Financial Times interview. “A deal could be made fairly quickly.”

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    Politics

    Alcatraz could reopen as a ‘state-of-the-art secure prison’ under Trump’s $152M budget request

    Politics 2 Mins Read

    The White House on Friday requested $152 million to begin reopening Alcatraz as an operational prison.

    The funding proposal, included in the Trump administration’s fiscal year 2027 budget request, would cover the initial phase of rebuilding the long-closed facility into what officials describe as a “state-of-the-art secure prison facility.”

    Congress will ultimately decide whether to approve the funding.

    NEW ICE DETENTION FACILITY ‘LOUISIANA LOCKUP’ OPENS AT NOTORIOUS PRISON

    President Donald Trump first pushed the idea last year, directing the Bureau of Prisons, the Department of Justice and other federal agencies to reopen and expand Alcatraz to detain what he called America’s “most ruthless and violent offenders.”

    “REBUILD, AND OPEN ALCATRAZ!” the president said in a Truth Social post last May. “For too long, America has been plagued by vicious, violent, and repeat Criminal Offenders, the dregs of society, who will never contribute anything other than Misery and Suffering.

    Located in San Francisco Bay, Alcatraz has been closed since 1963 and currently operates as a popular tourist destination under the National Park Service.

    Former House Speaker Nancy Pelosi, D-Calif., slammed the proposal in a post on X on Friday.

    TRUMP 2027 BUDGET PREVIEW HINTS AT SWEEPING SCALE-UP IN CORE AGENDA

    “Rebuilding Alcatraz into a modern prison is a stupid notion that would be nothing more than a waste of taxpayer dollars and an insult to the intelligence of the American people,” Pelosi wrote. “Alcatraz is a historic museum that belongs to the public, and San Franciscans will not stand for Washington turning one of our most iconic landmarks into a political prop.”

    Originally opened as a federal prison in 1934, Alcatraz was widely considered one of the most secure facilities in the country.

    The prison once housed notorious criminals including mob boss Al Capone.

    EXCLUSIVE: TRUMP ADMINISTRATION EYES ALCATRAZ REOPENING TO HOUSE NATION’S ‘WORST OF THE WORST’

    Alcatraz first served as a military prison in the 1850s. At its peak, the facility held more than 300 inmates, along with staff and their families.

    Despite its reputation, Alcatraz was ultimately shut down because of high operating costs.

    According to the Bureau of Prisons, it was nearly three times more expensive to run than other federal prisons at the time.

    The White House and the Bureau of Prisons did not immediately respond to Fox News Digital’s request for comment.

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