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Trump renews attacks on Biden autopen pardons, claims he ‘never gave the orders’

Politics 3 Mins Read

President Donald Trump renewed his criticism against former President Joe Biden and his administration over the use of an autopen to sign off on important orders — including pardons — during Biden’s tenure in the White House. 

Trump has railed against Biden’s use of the autopen for months, claiming thousands of pardons Biden signed were void and that the former president did not know what documents he was signing through the automated device. 

‘It was illegally used. He never gave the orders,’ Trump told reporters Thursday during a trip to the U.K. ‘He never told them what to do. And I guess the only one he signed, or one of the few he signed, was the pardon for his son.’

A spokesperson for Biden did not immediately respond to a request for comment from Fox News Digital. 

A White House official previously told Fox News Digital that Trump uses his hand signature for every legally operational or binding document. Even so, Trump has admitted that he uses an autopen for letters. 

Meanwhile, Biden’s chief of staff issued final approval for multiple high-profile preemptive pardons during Biden’s final days in office, the New York Times reported in July. 

Although Biden reportedly made the decision about the pardons in a meeting, Biden’s chief of staff Jeff Zients is the one who gave final approval for the use of the autopen — at least in the case of former chief medical advisor to the president, Anthony Fauci, and former chairman of the Joint Chiefs of Staff Gen. Mark Milley, the Times reported. 

Even so, Biden told the Times that he made every clemency decision of his own accord. 

Meanwhile, Trump’s comments come as Zients is slated to appear before the House Oversight Committee Thursday for its probe into Biden’s mental acuity. Part of that investigation is also examining if the former president was fully cognizant of clemency orders and executive actions he signed using the autopen. 

Biden granted a total of 4,245 acts of clemency during his administration, 96% of which were granted during his final months in office between October 2024 and January 2025, according to the Pew Research Center. 

An autopen is a machine that physically holds a pen and follows programming to imitate a person’s signature.

Unlike a stamp or a digitized print of a signature, the autopen has the capability to hold various types of pens, from  a ballpoint to a permanent marker, according to descriptions of autopen machines for sale online. 

Fox News’ Liz Elkind contributed to this report. 

This post appeared first on FOX NEWS

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Hunter Biden was involved in pardon talks toward end of father’s term, source says

Politics 3 Mins Read

Hunter Biden was involved in discussions about pardons toward the end of his father’s White House term, a source familiar with Jeff Zients’ interview with the House Oversight Committee told Fox News Digital on Thursday.

Zients met with House investigators behind closed doors for over six hours — the final former Biden administration official to appear in House Oversight Committee Chair James Comer’s probe into ex-President Joe Biden’s use of the autopen.

Comer, R-Ky., is also investigating whether Biden’s top aides covered up signs of mental decline in the former president, and whether executive decisions signed via autopen — including myriad clemency orders Biden approved — were executed with his full awareness.

Zients told investigators that Hunter was involved in some of those pardon discussions and attended a few meetings on the subject with White House aides, the source said.

It’s not clear how much say Hunter had in those meetings, or if he was involved in discussions about his own controversial pardon.

The former president issued a ‘full and unconditional’ pardon for his son in early December, just under two months before leaving office. 

That’s despite Biden and his staff denying the possibility of such a move on several occasions.

Biden approved nearly 2,500 commutations on Jan. 17, just days before leaving the White House, setting a record for most clemency orders ever granted by a U.S. president — more than 4,200 in total — and the most ever in a single day.

Weeks earlier, he issued pardons for several family members, including Hunter.

It had been previously reported by NBC News and other outlets that Hunter sat in on White House meetings with Biden’s aides in the wake of the former president’s disastrous June 2024 debate against then-candidate Donald Trump.

Zients is the final former Biden aide expected to appear before the House Oversight Committee in its autopen probe.

The source familiar with his sit-down told Fox News Digital that Zients ‘admitted that President Biden’s speech stumbles increased as he aged.’

‘He also noted that the president’s difficulty remembering dates and names worsened over time, including during the administration,’ the source said.

A second source familiar with Zients’ comments to the House Oversight Committee defended his comments. 

‘As chief of staff, Jeff’s job was to ensure that the president met with a range of advisors to thoroughly consider issues so that the president could make the best decisions,’ the second source told Fox News Digital.

‘Throughout Jeff’s time working with him, while President Biden valued input from a wide variety of advisors and experts, the final decisions were made by the president and the president alone,’ the second source said.

‘Jeff had full confidence in President Biden’s ability to serve as president and is proud of what President Biden accomplished during his four years in office.’

Fox News Digital reached out to Zients’ attorney and the law firm of Abbe Lowell, who was known to have defended Hunter previously, for comment but did not immediately hear back.

This post appeared first on FOX NEWS

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WATCH: Parody drug ad spotlights RFK’s crackdown on misleading pharmaceutical marketing

Politics 3 Mins Read

Shortly after announcing a strategy to go after deceptive direct-to-consumer advertising by the pharmaceutical industry, Robert F. Kennedy Jr. and the Department of Health and Human Services released a parody video of a drug advertisement – a pointed way of emphasizing the fact that the United States is largely unique in allowing drug ads.

‘Tired of endless drug ads promising quick fixes but leaving you sicker than you were before? That can change today. Ask your doctor about MAHA,’ the parody commercial begins, referring to Kennedy’s ‘Make America Healthy Again’ initiative. 

‘MAHA may cause healthier living, fewer chronic diseases, and lower drug costs,’ the video’s narrator continues. ‘Some Americans reported more time spent with family instead of at the pharmacy. Other side effects may include healthier children, a stronger nation, more transparency in healthcare, honest advertising, and accountability from Big Pharma.’

The drug advertisement parody comes after Kennedy and HHS laid out their plans to target direct-to-consumer drug advertising – something that isn’t widely allowed outside the United States – in a new children’s health strategy released earlier this month. 

The strategy said it will ramp up enforcement of current prescription drug advertising laws, with a priority on ‘egregious violations demonstrating harm from current practices.’ The strategy noted these violations could include the dissemination of ‘risk information and quality of life through misleading and deceptive advertising on social media and digital platforms.’

The strategy to go after direct-to-consumer drug ads will also include inter-agency cooperation to explore the development of potential new industry guidelines that limit direct-to-consumer advertising for certain ‘unhealthy foods’ to children. These efforts include ‘evaluating the use of misleading claims and imagery,’ the MAHA children’s strategy stated. 

Kennedy said alongside the release of HHS’s parody advertisement that the Trump administration plans to begin holding the pharmaceutical industry accountable for not sharing full safety information in their drug ads on television, radio and beyond.

 

‘No more hiding vital information in small print, or pushing it off to a website, or a 1-800 number,’ Kennedy said in a video released in conjunction with the parody advertisement. He also noted that regulators have been letting pharmaceutical manufacturers avoid providing complete warnings in their marketing materials.

Kennedy said in the accompanying video that, in the past, regulators let companies mention a vague ‘major statement’ of risk that required consumers to go elsewhere for important details about the drug. The secretary said this ‘loophole’ opened the door to a ‘tsunami’ of misleading advertisements.

‘Drug ads drove up prescription drug costs and distorted doctor-patient conversations. Patients saw glossy ads and often asked for new medications,’ Kennedy continued. ‘Big Pharma’s marketing hooked the country on prescription drugs. We’re taking action to end that practice.’

This post appeared first on FOX NEWS

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Senate confirms dozens of Trump nominees in first test of new nuclear rules

Politics 2 Mins Read

Senate Republicans rammed through dozens of President Donald Trump’s nominees on Thursday in their first flex of the Senate’s new rules for confirmations.

Lawmakers voted along party lines to confirm 48 of Trump’s nominees, many being for undersecretary or assistant secretary positions in a variety of agencies throughout the federal government and ambassadorships.

Senate Republicans went ‘nuclear’ last week to make the change after a last-minute deal with Democrats fell apart.

The change ushered in by the ‘nuclear option’ allows lawmakers to confirm an unlimited number of nominees in batches, also known as en bloc, with a simple majority vote in the upper chamber. However, the process is time-consuming, given that lawmakers must jump through procedural hoops and allow for 30 hours of debate.

‘Why has not a single nominee been confirmed by voice vote or by unanimous consent? We know why,’ Senate Majority Whip John Barrasso, R-Wyo., said on the Senate floor. ‘It’s Democrat obstruction.

‘The country has never seen anything like this,’ he continued. ‘Senate Democrats are freezing the Senate floor, freezing the federal government and freezing our nation’s progress. This harms America’s safety. It hamstrings the agenda that Americans voted for.’

Among this batch of nominees were Kimberly Guilfoyle, who Trump tapped to be the U.S. ambassador to Greece, and Callista Gingrich, who was picked to be the U.S. ambassador to Switzerland.

Republicans argued that the change would benefit both parties now and in the future and viewed the change as an option of last resort to break through Senate Democrats’ blockade of Trump’s picks.

Typically, subcabinet-level nominees, particularly those with bipartisan support out of committee, are sped through the Senate either by unanimous consent or through a voice vote, two fast-track procedural moves in the upper chamber. All the nominees in this first round made it out of committee on a bipartisan basis.

However, Senate Minority Leader Chuck Schumer, D-N.Y., and his caucus wouldn’t allow either to be used and caused a backlog of nominees to lower level positions in the Trump administration to pile up. As of Thursday, the list had swollen to 173.

The only one of Trump’s nominees that easily moved through the chamber was Secretary of State Marco Rubio, who was confirmed in January on a near unanimous vote. 

This post appeared first on FOX NEWS

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SCOOP: Ilhan Omar hit with House Ethics complaint over response to Charlie Kirk’s assassination

Politics 4 Mins Read

House Main Street Caucus Chairman Mike Flood, R-Neb., will refer Democratic colleague Rep. Ilhan Omar, D-Minn., for a House Ethics Committee investigation, he first told Fox News Digital.

It is the latest move in the GOP-led fallout over Omar’s response to the assassination of Charlie Kirk, a conservative activist who was shot and killed in Utah during a college campus speaking event last week.

‘I will be filing tomorrow … a complaint with the Committee on Ethics in the House of Representatives with 18 very concerning incidents and/or behaviors and/or statements that, on their face, reflect poorly on the House of Representatives,’ Flood said of Omar.

The top of the list of complaints will include the progressive Democrat’s ‘obnoxious, insulting and dismissive comments following the assassination of Charlie Kirk,’ he said.

‘Second, harboring illegal immigrants. I believe in February of this year that Omar hosted a workshop advising Somalians on how to avoid being deported after protecting the laws of the United States,’ Flood continued of his points. ‘No. 3, she’s used TikTok for mixed official and campaign content, which specifically violates other House rules.’

Flood was one of four House Republicans to help Omar narrowly avoid being censured by the House on Wednesday evening.

Rep. Nancy Mace, R-S.C., moved to force a vote on censuring Omar over her reaction to Kirk’s killing, but the move was quashed when four Republicans and all Democrats voted to table the measure.

Flood said at the time of his vote, ‘Ilhan Omar’s statements and social media posts are reprehensible and should be referred to the Ethics Committee. The appropriate time to consider a censure motion would be after ethics reviews her conduct.’

He told Fox News Digital on Thursday that initiating an ethics investigation would make a censure ‘far more credible.’

Flood pointed out that he similarly voted to table a censure threat against Rep. LaMonica McIver, D-N.J., for her conduct outside a New Jersey ICE facility before the ethics committee could issue a report on the matter.

‘And so I have gathered enough information, starting yesterday, before I voted to table, understanding that this was an issue,’ Flood said.

He also disagreed with the other three House Republicans who all said Omar’s comments were protected by the First Amendment.

‘This isn’t a free speech issue. This is a ‘Have you demonstrated that you are behaving at all times in a manner that reflects credibly on the House?’’ Flood said.

Omar specifically faced backlash over an interview with progressive news outlet Zeteo, in which she criticized Kirk’s past commentary and Republicans’ reaction to the shooting. She later accused Republicans of taking her words out of context, and she called Kirk’s death ‘mortifying.’

She previously told Zeteo days after Kirk’s assassination that he had ‘downplayed slavery and what Black people have gone through in this country by saying Juneteenth shouldn’t exist.’

‘There are a lot of people who are out there talking about him just wanting to have a civil debate,’ the ‘Squad’ member said. ‘There is nothing more effed up, you know, like, than to completely pretend that, you know, his words and actions have not been recorded and in existence for the last decade or so.’

She later posted on X amid the backlash, ‘While I disagreed with Charlie Kirk vehemently about his rhetoric, my heart breaks for his wife and children. I don’t wish violence on anyone. My faith teaches me the power of peace, empathy, and compassion. Right-wing accounts trying to spin a false story when I condemned his murder multiple times is fitting for their agenda to villainize the left to hide from the fact that Donald Trump gins up hate on a daily basis.’

Omar also reposted a video on X, where others not associated with the congresswoman said, ‘Don’t be fooled, these people don’t give a single s— about Charlie Kirk. They’re just using his death to further their Christo-fascist agenda.’

The Minnesota Democrat’s colleagues have vehemently defended her against Mace’s censure and Republican criticism.

Fox News Digital reached out to Omar’s office for a response to Flood but did not immediately hear back.

This post appeared first on FOX NEWS

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Gold Price Breaks US$3,700, Then Falls as Fed Cuts Rates

Investing 3 Mins Read

The US Federal Reserve held its sixth meeting of 2025 from Tuesday (September 16) to Wednesday (September 17) amid slowing growth in the country’s jobs market.

The central bank met analysts’ expectations by lowering the federal funds rate by 25 basis points to the 4 to 4.25 percent range. It marks the first cut of 2025, after holding at the 4.25 to 4.5 percent range since December 2024.

Despite August consumer price index (CPI) data showing inflation rose to 2.9 percent from 2.7 percent in July, a weakening labor market became the focus of the Fed’s dual mandate of stable prices and maximum employment.

“The case for a persistent inflation outbreak is less, and that’s why we think it’s time for us to acknowledge the risks to the other mandate have grown, and we should move in the direction of neutral,” said Chair Jerome Powell.

The most recent US jobs report indicates that August brought an increase of just 22,000 new workers, while the unemployment rate ticked up to 4.3 percent from 4.2 percent in July. Additionally, the Bureau of Labor Statistics, which produced the report, announced a downward revision to June’s figures, showing a loss of 13,000 jobs.

Similarly, July’s report, released on August 1, marked a significant weakening in the labor force, bringing the three month average to just 28,000 new jobs after growth of 192,000 in the February to April period.

Following that report, US President Donald Trump fired the head of the Bureau of Labor Statistics, suggesting the jobs data was “rigged” to make his administration look bad. Both the slowing American labor market and rising inflation over the past few months have been blamed on the effects of Trump’s tariffs trickling into the economy.

Trump has been critical of the Fed and Powell in particular, saying they haven’t moved quickly enough to lower rates.

While he is unable to remove Powell, in August Trump attempted to fire Fed Governor Lisa Cook over alleged mortgage fraud stemming from mortgage applications where she listed two homes as principal residences. Recent documents have shown those allegations to be false, and that Cook listed one of the homes as a vacation property.

On Monday (September 15), an appeals court blocked Cook’s removal from the Fed’s Board of Governors, allowing her to participate in this week’s meeting. Also this week, the Senate confirmed Stephen Miran to the board in a 48 to 47 decision along party lines. He will be replacing Adriana Kugler, who resigned in August.

Miran is on leave from his position at the White House’s Council of Economic Advisers and increases Trump’s influence over the seven member board. The nomination process for a new board member usually lasts months, but Miran’s appointment took just six weeks, allowing him to participate in this week’s meeting.

The gold price rose to a record high of US$3,707.34 per ounce shortly after the decision, but quickly fell back to the US$3,650 level. Silver spiked as high as US$42.24 per ounce following the meeting, still trading near 14 year highs.

Equities were mixed on Wednesday, with the S&P 500 (INDEXSP:INX) losing 0.31 percent to reach 6,586. Meanwhile, the Nasdaq-100 (INDEXNASDAQ:NDX) shed 1.03 percent to come in at 24,036, and the Dow Jones Industrial Average (INDEXDJX:DJI) gained 0.5 percent, coming to 45,084.

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

This post appeared first on investingnews.com

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Successful Heavily Supported Placement to Raise $25.1 Million

Investing 3 Mins Read

Resolution Minerals Ltd (RML or Company) (ASX: RML) is pleased to announce it has received firm commitments for a placement of fully paid ordinary shares in the Company (Shares) to sophisticated investors to raise a total of $25.1 million (before costs) at an issue price of $ 0.05 per Share (Placement).

Highlights

  • Commitments received for a successful placement of $25.1 million at $0.05 per share
  • Placement supported by a range of high net worth and global institutions including John Hancock’s Family Office, Astrotricha Capital SEZC and S3 Consortium (Stocks Digital), as well as director participation of $200,000
  • The placement has institutionalised the Company’s register, including $7.75m cornerstoned by high-calibre, supportive and value-add local and international investor groups
  • RML’s medium term work programs and working capital requirements are now fully funded
  • RML balance sheet strengthened ahead of the proposed NASDAQ listing
  • RML is aiming to become a major player in the US critical minerals space and is aiming to meet the needs of the current White House Administration’s and the Department of War’s critical mineral US national security supply requirements

Of the total $25.1 million placement funds, $18,400,000 (Tranche 1) will be settled on or around 26 September 2025, and the remaining $6,700,000 (Tranche 2) (total of $25.1 million) is anticipated to settle within approximately 60 days, and following the next shareholder meeting.

Subject to receipt of shareholder approval in a general meeting (anticipated mid November 2025), participants in the Placement will also be issued one (1) option for every two (2) Shares issued under the Placement, for no additional consideration. The Options will have an exercise price of $0.10 per Share and expire on 30 November 2029 – key terms included in this announcement (Option). The Options will be listed, subject to ASX listing requirements being met.

The Placement will be conducted via two (2) tranches, as follows:

(a) Tranche 1: 422,000,000 Shares as follows:

(i) 150,000,000 Shares will be issued under the Company’s existing pre-approved placement capacity that was approved by shareholders at the general meeting held on 25 July 2025; and

(ii) 272,000,000 Shares will otherwise be issued under the Company’s Listing Rule 7.1 & 7.1A capacity (146,542,986 Shares under Listing Rule 7.1 and 125,457,014 Shares under Listing Rule 7.1A); and

(b) Tranche 2: subject to shareholder approval under Listing Rule 7.1, via the issue of 80,000,000 Shares and up to 251,000,000 attaching Options (subject to rounding).

Click here for the full ASX Release

This post appeared first on investingnews.com

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How to Invest in Vanadium Stocks

Investing 7 Mins Read

Vanadium is an important metal for both the steel and battery manufacturing industries.

Both of these sectors play key roles in economic growth and a new era in defense and energy security. Supply and demand fundamentals for the metal indicate a strong long-term outlook for the vanadium market.

Many investors believe the vanadium industry is compelling and are interested in getting involved in this evolving market. Read on for a brief overview of the metal, from supply and demand to how to invest in this exciting industrial and battery metal.

In this article

    What is vanadium?

    Named after Vanadis, the Norse god of beauty, vanadium is a silvery-gray transition metal that was discovered in 1801.

    Vanadium occurs in about 65 different minerals, and is mined as a by-product of other metals, usually uranium. It is also found in deposits of phosphate rock, titaniferous magnetite, uraniferous sandstone and siltstone. Aside from that, it is present in bauxite and in carboniferous materials such as crude oil, coal, oil shale and tar sands.

    Vanadium demand trends

    Vanadium applications have grown in recent years, contributing to price growth. The vast majority of vanadium is used as an additive in the steel industry to make a high-strength product that is lighter, stronger and more resistant to shock and corrosion.

    Vanadium content of less than 0.1 percent is needed to double the strength of steel, and although other metals — including manganese, molybdenum, niobium, titanium and tungsten — can be interchanged with vanadium for alloying with steel, there is no substitute for vanadium in aerospace titanium alloys.

    Over the last few years, China has increased its vanadium use, producing steel rebar with high tensile strength for construction. Vanadium compounds are also used in nuclear reactors because they have low neutron-absorbing properties. Vanadium oxide is used as a pigment for ceramics and glass, and can act as a catalyst in the production of superconducting magnets.

    In addition to the steel alloy sector, the metal is often used to make parts for jet engines, as well as crankshafts, axles and gears. What’s more, vanadium redox batteries (VRFB) are currently generating excitement because they are reusable over semi-infinite cycles, and do not degrade for at least 20 years, allowing energy storage systems the ability to bank renewable energy.

    However, these batteries are quite large compared to lithium-ion batteries, and are better suited for industrial or commercial use rather than for use in electric vehicles. That said, there are a number of companies around the world working on developing the technology for residential and smaller-scale use.

    Vanadium supply trends

    The top vanadium producing countries are China, Russia and South Africa, and worldwide vanadium production totaled 100,000 metric tons (MT) in 2024. China was the world’s largest producer of vanadium by far, contributing 70,000 metric tons of vanadium. Russia came in at a distant second with output of 21,000 MT, and South Africa was in third place with 8,000 MT.

    Russian-owned Evraz is a large vanadium producer with assets in Russia and Czechia, and is a major supplier of ferrovanadium to the European steel market. In the first half of 2022, Russia’s invasion of Ukraine and subsequent trade sanctions have prompted end-users to look for more secure vanadium supplies. By the end of 2024, Russian vanadium pentoxide exports to China had dried up, and supply uncertainties were also reported in South Africa.

    For his part, CRU Group’s Goel believes other nations are also interested in boosting domestic vanadium production. “Governments worldwide have recognized vanadium as a critical mineral, leading to increased support for emerging vanadium projects,” he said. Goel cited as an example the private Australian company Vecco Group, which received an AU$3.8 million grant to advance the feasibility and design of its vanadium project in Brisbane.

    However, vanadium will have to break free from the current low pricing environment if ex-China projects are to move from discovery to production.

    How to invest in vanadium stocks

    Vanadium bullion is available from private individuals, but the metal is not publicly traded, and so most experts do not advise investing in physical vanadium. Instead, vanadium stocks are a common way to gain exposure.

    There are several publicly traded companies currently producing vanadium for investors to consider, as well as many companies exploring or developing vanadium projects, including as a by-product of other minerals. See the list of vanadium stocks you can invest in below for more details on their operations.

    [shortcode-js-qm-watchlist-widget stocks=’AVL:AU,BMN:LN,EFR:CC,LGO,NEXT:CC,QEM:AU,SR:CC,VRB:CC,WUC:CC’

    Australian Vanadium (ASX:AVL)
    Australian Vanadium is building a vanadium pit-to-battery value chain in Western Australia that will incorporate its flagship Australian Vanadium project, considered one of the most advanced vanadium projects being developed globally.

    Bushveld Minerals (LSE:BMN)
    Bushveld Minerals is a primary vanadium mining company with one of the world’s largest high-grade primary vanadium resources. The company’s assets, all in South Africa, include two of the world’s four operating primary vanadium production processing facilities and an under-construction vanadium electrolyte production facility.

    Energy Fuels (TSX:EFR,NYSEAMERICAN:UUUU)
    Energy Fuels is primarily focused on uranium and rare earth metals, but its White Mesa mill in Utah, US, has the ability to process uranium-bearing ore from its mines into vanadium pentoxide (V2O5) as well. While the company is not currently producing vanadium, it has a stockpile of finished V2O5, with production and sales awaiting stronger market prices.

    Largo Resources (TSX:LGO,NASDAQ:LGO)
    Largo Resources owns and operates the Maracas Menchen mine in Brazil, and has annual V2O5 equivalent production guidance of between 9,000 and 11,000 MT. The company supplies vanadium products for multiple applications, and has developed vanadium redox battery systems for advanced renewable energy storage solutions.

    Manuka Resources (ASX:MKR)
    Manuka Resources holds two fully permitted precious metals projects in the Cobar Basin of New South Wales, Australia. Through its wholly owned subsidiary, it is also advancing the Taranaki VTM iron-vanadium-titanium project, which would extract vanadium-rich iron sands from the seabed of the New Zealand exclusive economic zone.

    NextSource Materials (TSX:NEXT,OTCQB:NSRCF)
    NextSource Materials’ advanced-stage Green Giant in-situ vanadium project in Madagascar is one of the world’s largest-known vanadium deposits, with a resource estimate of 60 million MT of V2O5 at an average grade of almost 0.7 percent. Green Giant is adjacent to NextSource’s Molo graphite mine.

    QEM (ASX:QEM)
    QEM is advancing its flagship Julia Creek vanadium and energy project in Queensland’s North West Minerals Province. The project hosts one of the largest vanadium deposits in the world, with a JORC resource of 2.87 billion MT at 0.31 percent V2O5, and a contingent oil resource of up to 654 million barrels.

    Strategic Resources (TSXV:SR)
    Strategic Resources is targeting the green steel market with its flagship BlackRock vanadium-titanium-iron project in the Eeyou Istchee James Bay region of Québec, Canada. The project, which will host a mine and concentrator, is fully permitted and construction ready. The company will also have a metallurgical facility located in the Port of Saguenay.

    VanadiumCorp Resource (TSX:VRB)
    VanadiumCorp’s goal is to become a fully integrated producer of high-quality vanadium electrolytes for vanadium flow batteries. It plans to source material from its Lac Doré vanadium- and titanium-bearing magnetite deposit in the Eeyou Istchee James Bay region of Québec.

    Western Uranium and Vanadium (CSE:WUC,OTCQX:WSTRF)
    Western Uranium and Vanadium is developing high-grade uranium and vanadium production at its Sunday Mine Complex in Colorado, US, and licensing and developing the nearby Mustang mineral processing plant. In Q2 2025, it delivered stockpiled and new production from Sunday to Energy Fuels’ White Mesa mill through an ore purchase agreement.

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

    This post appeared first on investingnews.com

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    Osisko Gaspé Expansion Hole Intersects 133.7 Metres Averaging 1.04% Cu

    Investing 13 Mins Read

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

    Osisko Metals CEO Robert Wares commented: ‘The growth potential of the Gaspé Copper deposit continues to be demonstrated with today’s new high-grade results. Holes 30-1106 and 30-1109 reveal the presence of a thick, higher grade tabular zone lying at depth around the E Zone horizon near the eastern margin of our 2024 MRE model. This tabular zone may extend significantly to the east if it correlates to historical drilling results. Our expansion drilling is exceeding expectations, hand-in-hand with the solid infill results on our main resource area.’

    New analytical results are presented below (see Table 1), including 26 mineralized intercepts from six new drill holes. Infill intercepts are located inside the 2024 MRE model ( see November 14, 2024 news release ), and are focused on upgrading inferred mineral resources to measured or indicated categories, as applicable. Expansion intercepts are located outside the 2024 MRE model and may potentially lead to additional resources that will be classified appropriately within the next MRE update. Some of the reported intercepts have contiguous shallower infill as well as deeper expansion (noted on Table 1 below as ‘Both’). Maps showing hole locations are available at www.osiskometals.com .

    Highlights:

    • Drill hole 30-1110
      • 1091.5 metres averaging 0.20% Cu (infill and expansion)
    • Drill hole 30-1109
      • 133.7 metres averaging 1.04% Cu (expansion)
    • Drill hole 30-1106
      • 159.1 metres averaging 0.45% Cu (expansion)
    • Drill hole 30-1103
      • 167.9 metres averaging 0.24% Cu (infill)
    • Drill hole 30-1108
      • 134.8 metres averaging 0.22% Cu (infill and expansion)
    • Drill hole 30-1111
      • 304.5 metres averaging 0.17% Cu (infill)
      • 206.3 metres averaging 0.33% Cu (expansion)

    Table 1: Infill and Expansion Drilling Results

    DDH No. From (m) To (m) Length (m) Cu % Ag g/t Mo % CuEq* Type**
    30-1103 14.6 144.0 129.4 0.17 1.40 0.19 Infill
    And 322.6 490.5 167.9 0.24 1.84 0.014 0.30 Infill
    And 510.0 583.5 73.5 0.27 2.02 0.029 0.40 Expansion
    And 618.0 714.0 96.0 0.12 1.09 0.024 0.20 Expansion
    And 790.5 854.0 63.5 0.26 1.38 0.010 0.30 Expansion
    30-1106 595.5 634.5 39.0 0.40 3.58 0.44 Infill
    And 694.0 716.0 22.0 0.29 1.60 0.008 0.32 Expansion
    And 741.0 802.5 61.5 0.18 0.97 0.014 0.23 Expansion
    And 844.7 1003.8 159.1 0.45 1.95 0.011 0.50 Expansion
    (including) 864.2 898.0 33.8 1.04 3.60 0.011 1.10 Expansion
    30-1108 9.0 53.0 44.0 0.20 1.80 0.21 Infill
    And 67.0 96.0 29.0 0.17 1.62 0.19 Infill
    And 160.5 199.5 39.0 0.12 1.05 0.008 0.16 Infill
    And 354.0 417.0 63.0 0.19 1.42 0.006 0.22 Infill
    And 442.2 579.0 134.8 0.22 1.17 0.030 0.34 Both
    And 662.7 695.8 33.1 0.22 0.75 0.021 0.31 Expansion
    And 877.5 900.3 22.8 0.62 5.14 0.67 Expansion
    30-1109 463.5 487.5 24.0 0.36 2.83 0.39 Infill
    And 543.0 583.5 40.5 1.35 8.29 0.012 1.44 Infill
    And 727.3 861.0 133.7 1.04 6.48 0.017 1.14 Expansion
    30-1110 8.0 1099.5 1091.5 0.20 1.52 0.017 0.28 Both
    (including) 8.0 743.6 735.6 0.20 1.50 0.015 0.27 Infill
    (including) 743.6 1099.5 355.9 0.21 1.55 0.021 0.30 Expansion
    And 1138.5 1177.5 39.0 0.12 0.90 0.014 0.17 Expansion
    30-1111 28.5 333.0 304.5 0.17 0.80 0.007 0.20 Infill
    And 391.5 602.5 210.5 0.16 0.78 0.028 0.27 Infill
    And 634.7 682.5 47.8 0.13 1.06 0.008 0.16 Expansion
    And 730.0 936.3 206.3 0.33 2.39 0.016 0.41 Expansion

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

    Discussion

    Drill holes 30-1103 and 30-1108, both located near the western margin of the 2024 MRE model, cut multiple intersections of mineralized material, 20 to 168 metres thick, distributed in ‘layer cake’ fashion from surface to a vertical depth of 854 and 900 metres, respectively.

    Drill hole 30-1106, located near the eastern margin of the 2024 MRE model, cut unmineralized material to a depth of about 600 metres, followed by four mineralized intervals to a vertical depth of 1004 metres. These include a higher-grade interval of 33.8 metres averaging 1.04% Cu and 3.60 g/t Ag located at the level of (and immediately below) the E Zone skarn horizon.

    Drill hole 30-1109, also located near the eastern margin of the 2024 MRE model, cut unmineralized material to a depth of about 460 metres, followed by three mineralized intervals to a vertical depth of 860 metres. These also include a higher-grade interval of 133.7 metres averaging 1.04% Cu and 6.48 g/t Ag located in skarn and porcellanites above and below the E Zone skarn horizon.

    Both 30-1106 and 30-1109 suggest potential for the presence of a higher-grade tabular deposit around the E Zone horizon that, when combined with historical drilling data, indicates a potential extension eastward towards the previously mined E-32 Zone over a lateral distance of 800 metres.

    Drill hole 30-1110, located on top of Copper Mountain near the central part of the 2024 MRE model, intersected 1091.5 metres averaging 0.20% Cu, 1.52 g/t Ag, and 0.017% Mo (0.28% CuEq), including 735.6 metres averaging 0.20% Cu, 1.50 g/t Ag, and 0.015% Mo (infill) and 355.9 metres averaging 0.21% Cu, 1.55 g/t Ag, and 0.021% Mo (expansion), extending mineralization to a vertical depth of 1100 metres and again confirming continuity of mineralization in the core of the deposit.

    Drill hole 30-1111, located immediately west of Copper Mountain near the southern lip of the pit, intersected 304.5 metres (from surface) averaging 0.17% Cu and 0.80 g/t Ag followed by three more intersections that included expansion at depth of 206.3 metres averaging 0.33% Cu, 2.39 g/t Ag, and 0.016% Mo, extending mineralization in this area to a vertical depth of 936 metres. The central porphyry intrusion was then intersected and returned 76 metres averaging negligible copper (0.08% Cu) but significant molybdenum (0.023% Mo).

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

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

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

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

    Table 2: Drill hole locations

    DDH No. Azimuth (°) Dip (°) Length (m) UTM E UTM N Elevation
    30-1103 0.00 -90.00 930.0 316056.0 5426038.0 634.7
    30-1106 0.00 -90.00 1131.0 316500.0 5426360.0 628.7
    30-1108 0.00 -90.00 960.00 315900.0 5426136.0 638.9
    30-1109 0.00 -90.00 861.00 316600.0 5426205.0 608.2
    30-1110 0.00 -90.00 1200.00 316077.0 5426355.0 742.7
    30-1111 0.00 -90.00 1014.00 315600.0 5426408.0 590.0

    Explanatory note regarding copper-equivalent grades

    Copper Equivalent grades are expressed for purposes of simplicity and are calculated taking into account: 1) metal grades; 2) estimated long-term prices of metals: US$4.25/lb copper, US$20.00/lb molybdenum, and US$24.00/oz silver; 3) estimated recoveries of 92%, 70%, and 70% for Cu, Mo, and Ag respectively; and 4) net smelter return value of metals as percentage of the price, estimated at 86.5%, 90.7%, and 75.0% for Cu, Mo, and Ag respectively.

    Qualified Person

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

    Quality Assurance / Quality Control

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

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

    About Osisko Metals

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

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

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

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

    Cautionary Statement on Forward-Looking Information

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

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

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

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/1435bbf7-6580-47e7-9906-c67a832e9456

    https://www.globenewswire.com/NewsRoom/AttachmentNg/ffb2d0f5-e4f4-4672-8e6e-e41e07fc2f68

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