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Republican senator vows to block Trump Fed nominee over Powell investigation

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A Senate Republican again plans to act as a roadblock to President Donald Trump, this time against any potential replacement for Federal Reserve Chair Jerome Powell.

Sen. Thom Tillis, R-N.C., announced that he would block any future nominee to serve as chair of the Fed following the revelation that Powell was under criminal investigation for testimony he gave regarding the renovation at the Federal Reserve.

‘If there were any remaining doubt whether advisors within the Trump Administration are actively pushing to end the independence of the Federal Reserve, there should now be none,’ Tillis said on X. ‘It is now the independence and credibility of the Department of Justice that are in question.’

‘I will oppose the confirmation of any nominee for the Fed — including the upcoming Fed Chair vacancy — until this legal matter is fully resolved,’ he continued.

Tillis’ decision comes with weight — as a member of the Senate Banking Committee, he would get an immediate say on who does and doesn’t pass muster to be the next chair of the Federal Reserve.

And that’s a reality that will likely soon play out, given that Powell’s term as chair expires in May, though he is still slated to stay on the central bank’s board of governors until 2028.

It’s also not the first time he’s stood directly in the path of Trump. Tillis last week announced that he would be blocking all future Department of Homeland Security (DHS) nominees until DHS Secretary Kristi Noem appears before the Senate Judiciary Committee.

A DHS spokesperson told Fox News Digital, ‘Secretary Noem testified on Capitol Hill less than a month ago and remains committed to transparency and continued engagement with Congress.’

‘While the Department does not currently have any nominees pending before the Senate, we hope senators will refrain from holding President Trump’s appointments in a way that could compromise our national security,’ they said.

The lawmaker’s line in the sand came after the U.S. Attorney’s Office for the District of Columbia launched an investigation into Powell over testimony he gave before the Senate Banking Committee last June regarding the renovation of the central bank’s Washington headquarters. The probe is focused on whether Powell lied to lawmakers about the scope of the project.

It comes after a year of tension between Powell and Trump, who has long sought to replace him atop the central bank. And notably, the renovation of the Federal Reserve’s building in the District is not on the taxpayer dime, but rather its own coffers.

‘This new threat is not about my testimony last June or about the renovation of the Federal Reserve buildings,’ Powell said in a video statement.

‘The threat of criminal charges is a consequence of the Federal Reserve setting interest rates based on our best assessment of what will serve the public, rather than following the preferences of the President,’ he continued. ‘This is about whether the Fed will be able to continue to set interest rates based on evidence and economic conditions, or whether instead monetary policy will be directed by political pressure or intimidation.’

Sen. Elizabeth Warren, D-Mass., the top ranking Democrat on the Senate Banking Committee, similarly panned the criminal investigation into Powell and charged that Trump sought to ‘install another sock puppet to complete his corrupt takeover of America’s central bank.’

‘Trump is abusing the authorities of the Department of Justice like a wannabe dictator, so the Fed serves his interests, along with his billionaire friends,’ Warren said in a statement. ‘This Committee and the Senate should not move forward with any Trump nominee for the Fed, including Fed Chair.’

The Fed tweaked interest rates in December, dropping them by 0.25%, marking the third straight time the central bank slashed rates. Still, the cut was not enough for Trump, who demanded a sharper drop.

In the aftermath, Trump said that he would seek a new Federal Reserve chair that would slash interest rates ‘by a lot.’

‘I’ll soon announce our next chairman of the Federal Reserve, someone who believes in lower interest rates, by a lot, and mortgage payments will be coming down even further,’ Trump said.


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DHS funding threatened as Congress rolls out $80B spending bill amid shutdown fears

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House and Senate lawmakers unveiled a new funding package on Sunday night totaling roughly $80 billion in federal spending, but questions still loom about averting another government shutdown at the end of this month.

The package combines two of Congress’ 12 annual appropriations bills in what’s called a ‘minibus.’ It covers funding for the State Department and related national security, as well as federal financial services and general government operations.

Notably excluded from the package, however, is funding for the Department of Homeland Security (DHS) — which had been expected to be part of the legislation earlier this month.

It comes as Democrats threaten to hold up DHS funding in the wake of an incident in Minneapolis where an ICE agent shot a U.S. citizen in her car. DHS Secretary Kristi Noem and other GOP officials have accused the woman of being at fault and of hitting the agent with her vehicle, while Democrats are charging ICE with a reckless and unprovoked use of force.

While a DHS funding bill only needs a simple majority to pass the House, any spending legislation needs at least 60 votes in the Senate — meaning Democratic support is critical for passage.

The package released totals just over $76 billion in federal funds and is expected to get a House vote sometime this week.

The State Department and national security bill includes $850 million for an ‘America First Opportunity Fund,’ aimed at giving the Secretary of State funding to respond to potential unforeseen circumstances.

Both Republicans and Democrats touted different victories in the legislation, with a summary by House Appropriations Committee Republicans stating that the bill supports ‘President Trump’s America First foreign policy by eliminating wasteful spending on DEI or woke programming, climate change mandates, and divisive gender ideologies.’

Democrats said the bill ‘supports women globally’ by ‘protecting funding for bilateral family planning and the United Nations Population Fund (UNFPA)’ and pointed to $6.8 billion for a new account ‘that supports the activities previously funded under Development Assistance.’ 

The bill also provides millions in security assistance for Israel and Taiwan, among other global partners across the world.

The latter bill provides just over $13 billion for the U.S. Treasury for the remainder of fiscal year 2026, while also including a provision that stops the IRS ‘from targeting individuals or groups for exercising their First Amendment rights or ideological beliefs,’ according to Republicans.

It also provides $872 million for the Executive Office of the President and $9.69 billion in discretionary funding for the Federal Judiciary.

‘With this package, we are advancing President Trump’s vision of a golden age defined by security, responsibility, and growth. Our financial system will be protected, small businesses and entrepreneurs supported, and consumer freedom safeguarded,’ House Appropriations Committee Chairman Tom Cole, R-Okla., said in a statement.

‘We shield our nation across every front — strengthening cyber defenses and dismantling the financial and criminal networks that enable terrorism, drug trafficking, and bad actors. Guided by peace through strength, we realign our diplomacy and national posture to deter threats before they reach our shores.’

House Appropriations Committee ranking member Rep. Rosa DeLauro, D-Conn., said the bill ‘continues Democrats’ rejection of extreme cuts proposed by the Trump White House and Republicans in Congress.’

A source familiar with discussions told Fox News Digital that negotiators are aiming to include the DHS funding bill in a separate minibus that also covers defense spending, the Department of Labor, and the Department of Transportation, among other agencies.

Current federal funding levels expire after Jan. 30. Any potential shutdown would only be a partial one at this point, given Congress is on its way to passing at least half of its dozen spending bills by then.

Senate Appropriations Committee member Sen. Chris Murphy, D-Conn., did not rule out a shutdown over the DHS funding standoff in comments to NBC News’ ‘Meet the Press’ on Sunday.

‘[Republicans] control the House, the Senate and the presidency. If they don’t want to work with Democrats and shut down the government, that’s up to them,’ Murphy said.

But Speaker Mike Johnson, R-La., told Fox News on Friday that he does not believe there will be a shutdown but criticized Democrats’ threats to DHS funds.

‘I am concerned about that, and we should not be limiting funding for homeland security at a dangerous time. We need public officials to allow law enforcement to do their jobs,’ Johnson said. 

Asked whether leaders could prevent a shutdown, he said, ‘I think we will.’ 


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US hostages in Iran face heightened risk as protests spread, experts say number held may exceed estimates

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The Islamic Republic of Iran may have more than eight American citizens and residents in its captivity, Fox News Digital can reveal based on information from sources outside the Trump Administration who are well-versed with Tehran’s hostage-taking policy system.

Information shows that the total number of Americans citizens and residents held hostage by the Iranian regime could exceed the open-source data listing five American hostages in Iran.

Iran’s regime arrested a U.S. citizen, Kamran Hekmati, a 70-year-old from Great Neck, New York, who went to Iran to visit family members last May. Iranian authorities arrested Hekmati in July 2025 and charged him with ‘making a trip to Israel’ 13 years prior to his visit to Iran. Hekmati, a Persian Jew who was born in Iran, traveled to Israel in 2012 to attend his son’s Bar Mitzvah.

Iran bans Iranians from traveling to the Jewish state and any relations with Israel. Tehran considers Hekmati an Iranian citizen because the regime does not recognize dual citizenship.

The regime’s Islamic Revolutionary Court sentenced Hekmati to four years in prison, and he is being held in Iran’s infamous Evin Prison — a complex that is reportedly used to torture political prisoners and dissidents. The Human Rights Activists News Agency (HRANA) noted Hekmati has also been held at an intelligence ministry facility in Tehran. CNN reported that Hekmati suffers from bladder cancer.

The regime arrested another U.S. citizen, Afarin Mohajer, on Sept. 29, 2025 at Imam Khomeini International Airport. The human rights group, HRANA, said there was no information about the charges leveled against the Californian resident. 

According to U.S. government outlet Radio Farda that reports on Iran, Mohajer has an inoperable brain tumor and was told by ‘a doctor before going to prison that she does not have long to live,’ citing her son. She visited Iran to take care of her husband’s finances following his death, the son said. While released in December on bail, she is not allowed to leave Iran.

The authorities arrested an unnamed Iranian American woman in December 2024. She was released from prison, but the authorities seized the passports of the dual national, and she is also barred from leaving Iran.

The former Radio Farda journalist Reza Valizadeh traveled to Iran in March 2024 to visit relatives, according to a report by United Against a Nuclear Iran (UANI) on American hostages held in Iran.  

The U.S. government outlet Voice of America, like Radio Farda, reports on Iran, said Valizadeh was reportedly arrested in September 2024 and charged with ‘collaborating with overseas-based Persian media.’

The charge was later changed to ‘collaborating with a hostile government.’ UANI noted that ‘VOA cited sources claiming that Valizadeh was arrested for not cooperating with the IRGC’s Intelligence Organization and Iran’s intelligence ministry and for not expressing regret for his journalism.’

The regime arrested Shahab Dalili, a permanent U.S. resident who lives in Virginia, in 2016.

The UANI report stated that Taghato, a Farsi-language news outlet operated by Iranians living in the U.S., posted on Twitter (now X) that the Iranian regime arrested Dalili in March 2016. He went to Iran after his father’s death. The opaque Iranian regime judicial system sentenced him to 10 years in prison for ‘allegedly cooperating with a hostile government.’

A U.S. State Department official told Fox News Digital that ‘As Secretary Rubio has said, President Trump is working to secure the release of detained Americans around the world. The Iranian regime has a long history of unjustly and wrongfully detaining other countries’ citizens as hostages for use as political leverage. Iran should release these individuals immediately.’

The U.S. official added that ‘Due to security considerations with respect to ongoing cases, we do not disclose specific numbers of hostages.’

Barry Rosen, a former American diplomat and survivor of the Iran hostage crisis that took place in 1979 when Islamist revolutionary students took a group of 66 Americans captive, told Fox News Digital, in the wake of the nationwide revolts against the regime, ‘We are in a very intractable situation right now’ and expressed skepticism about bringing the hostages back under the current situation.

The nationwide strikes and demonstrations to topple the regime with respect to securing the hostage’s release ‘make it even more complicated,’ Rosen said, adding that hostage diplomacy ‘has always been complicated.’ Rosen was eventually released having spent 444 days in captivity.

‘Quiet diplomacy is the best way to go, but I don’t think there is any way for quiet diplomacy right now,’ he said.

When discussing ‘quiet diplomacy,’ Rosen said he was ‘talking about dealing with the hostage situation with Iran, given all our differences on the nuclear situation between both countries. But when it comes to the uprising in Iran, we need to loudly support a democratic Iran.’

Rosen, who considers Iran his second home, said, ‘I want to see the Iranian people do what they are doing now, so the Iranian regime implodes by itself.’ He said, ‘Support for uprisings (and protests) is the right way to go. I am fearful of any military operations that could cause chaos in the country.’

Rosen co-founded the non-government organization Hostage Aid Worldwidewhich provides current information on hostages held outside the U.S.

Navid Mohebbi, who worked as a Persian media analyst for the U.S. State Department’s Public Affairs Bureau, wrote a booklet on ‘Breaking the Trend: How to Combat the Hostage-Taking Business in Iran’ for the U.S.-based National Union for Democracy in Iran.

He told Fox News Digital, ‘Iran’s hostage-taking is not a series of isolated cases; it is a systematic state policy designed to extract political and economic concessions. The Islamic Republic has learned that detaining Americans and other Western nationals carries little cost and often produces tangible rewards — whether sanctions relief, access to frozen assets or asymmetric prisoner swaps. As long as this behavior is treated as a humanitarian problem rather than a coercive strategy, Tehran will continue to rely on hostage-taking as a core tool of statecraft.’

He continued, ‘To reverse this pattern, the United States must impose consequences that are measurable, cumulative and irreversible. Every hostage-taking case should trigger automatic penalties: targeted sanctions on judges, prosecutors, interrogators, prison officials and intelligence officers involved; permanent confiscation — not escrow — of regime assets tied to hostage diplomacy; and coordinated diplomatic consequences with allies, including travel bans, removal of regime officials from international bodies and the pursuit of Interpol red notices where applicable. The message must be unambiguous: hostage-taking will leave the regime worse off, not better.’

Mohebbi urged that, ‘The U.S. should formally designate Iran as a state that engages in hostage-taking, ban the use of U.S. passports for travel to or through Iran and maintain a public registry of regime officials involved in these crimes. At the same time, Washington must provide stronger, more transparent support to families of hostages and ensure sustained public naming and shaming. Only by raising the cost across legal, diplomatic, financial and reputational fronts can the United States begin to dismantle Iran’s hostage-taking business,’ he said.


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GOP eyes Venezuela’s untapped oil wealth as Democrats sound alarm over taxpayer risk

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Lawmakers are keenly aware of the costs of running a country due to the nation’s skyrocketing debt, but now another expense may be added to Congress’ tab — Venezuela. 

President Donald Trump hasn’t backed down from his position that the U.S. will run Venezuela after the surprise strikes and capture of former Venezuelan President Nicolás Maduro. That’s left some on Capitol Hill wondering what the price tag will be, considering Venezuela’s bleak economy. 

Like most issues in Washington, D.C., there’s a strong partisan divide on how lawmakers expect running Venezuela will shake out. Senate Republicans believe that the vast petroleum, natural gas and mineral reserves will be enough to foot the bill and cause oil companies to come running to dump money into the region. 

And fiscal hawks in the Senate, who routinely sound the alarm over rampant government spending, believe that running the country will be a financial boon for the U.S.

‘I would envision there’s so much money to be made that the oil companies will show up, and they’ll pay for everything,’ Sen. Rick Scott, R-Fla., told Fox News Digital. 

That’s a shared calculus among several other Republicans, who contend that any cost incurred from stewarding the country during the transition period would be leveraged by the colossal reserves of crude oil creeping underground. 

‘That’s the whole point,’ Sen. Ron Johnson, R-Wis., told Fox News Digital.

There could already be a wrench in that plan following a meeting between Trump and several top oil executives at the White House last week. The roster of companies in attendance Friday touched nearly every choke point in Venezuela’s oil sector, including production, services, trading and refining. The sheer weight of that lineup underscored what is at stake for global energy policy, with the United States squarely at the center.

And ExxonMobil CEO Darren Woods told the administration that Venezuela was ‘uninvestable,’ which prompted Trump to suggest that he’d be ‘inclined to keep Exxon out.’

And despite lawmakers’ optimistic outlook, the economic reality on the ground in Venezuela is stark. 

Venezuela once had the makings of an economic powerhouse, but years of mismanagement and international sanctions have hollowed out the economy, leaving behind a much smaller, debt-laden nation.

Precise figures are difficult to verify because Venezuela has not published comprehensive financial data in years. However, the International Monetary Fund (IMF) estimates the economy will total about $82.8 billion in 2025, which is roughly the size of Maine’s economic output.

What’s more, Venezuela’s debt is roughly 200% of its economy. In simple terms, the country owes about $2 for every dollar it produces.

Those pressures are compounded by runaway inflation. The IMF forecasts eye-watering inflation, with consumer prices expected to rise by more than 680% in 2026, underscoring the continued strain on Venezuela’s economy and households.

That collapse is inseparable from Venezuela’s oil industry, once the backbone of national wealth. Petroleum revenues long underwrote government spending and social programs, leaving the economy acutely vulnerable as production fell, infrastructure decayed and sanctions tightened.

Even in its diminished state, oil remains Venezuela’s most consequential asset. The country holds more than 300 billion barrels of proven crude — the largest in the world, eclipsing established energy titans like Saudi Arabia, Iraq and Kuwait — underlining its potential if production and investment return.

The potential cost of reinvigorating Venezuela’s oil infrastructure, coupled with the prior military operation and any other costs accumulated from running the country, is emblematic of the growing rift between the Hill and the White House, where Trump has routinely run roughshod over lawmakers in his decision-making. 

Senate Democrats want to claw back some of that authority through the appropriations process, where they could try to limit the flow of taxpayer dollars toward Venezuela.

‘Congress should be involved,’ Sen. Richard Blumenthal, D-Conn., told Fox News Digital. ‘And we must be involved because we have the power of the purse, we have appropriations authority, and we need better and more information to make these decisions about how the taxpayer funds are spent in support of these military or intelligence operations.’ 

Some of that action is already taking place. 

Sen. Tim Kaine, D-Va., whose war powers resolution to curtail future use of military force in Venezuela without congressional approval survived its first procedural test on Thursday, said lawmakers were having discussions tweaking the defense spending bill to ‘block appropriated defense funds from being used in certain actions that haven’t been authorized by Congress.’

Senate Republicans, despite cries from the other side of the aisle to regain some modicum of congressional oversight over the Venezuela situation, are firm in their belief that Venezuela’s oil, not American taxpayers’ money, will foot the bill.

‘We’re going to use Venezuelan resources to reimburse the U.S. Treasury for what we’ve already spent there, and we’re going to use Venezuelan resources to help rebuild their own country,’ Sen. Bernie Moreno, R-Ohio, said. ‘The taxpayer is not going to be on the hook for one cent of this.’


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Bold Ventures Commences Diamond Drilling Program at Burchell Base and Precious Metals Project

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Bold Ventures Inc. (TSXV: BOL) (the ‘Company’ or ‘Bold’) is pleased to announce that it has commenced a diamond drilling program on its Burchell Base and Precious Metals Project (‘Burchell’, the ‘Project’ or the ‘Property’), located approximately 100 km west of Thunder Bay, Ontario.

The program is expected to exceed 1000 meters of drilling, which will firstly test the 111 Zone and other nearby targets which were the focus of a mechanical stripping program last fall. A 14-meter wide discontinuous anomalous gold zone was identified at the 111 Zone adjacent to a 15-meter wide discontinuous anomalous zinc-copper zone (see Bold news release dated December 2, 2025). One grab sample at the 111 Zone previously returned 68 g/t Au (see Bold news release dated January 9, 2025). Drilling is also planned to test the northwest corner of the Property where the Moss Trend is interpreted to pass through and where 2024-2025 soil sampling yielded significant Au, Mo and Cu anomalies (see Bold news release dated July 21, 2025); as well as the Hermia Cu-Au Prospect in the western part of the Property where historical drilling intersected broad anomalous copper zones (see Burchell Gold Review on Bold website and Bold December 2025 Corporate Presentation for more information).

Drilling is being carried out by Rugged Aviation Inc. based in Murillo, Ontario.

Bruce MacLachlan, President and COO of Bold, stated: ‘We are beyond excited to get started on Bold’s maiden drill program on the Burchell Property, which will test major under-explored gold and base metal trends on which many targets, to the best of our knowledge, have never been drilled.’

Bold Ventures management believes our suite of Battery, Critical and Precious Metals exploration projects are an ideal combination of exploration potential meeting future demand. Our target commodities are comprised of: Copper (Cu), Nickel (Ni), Lead (Pb), Zinc (Zn), Gold (Au), Silver (Ag), Platinum (Pt), Palladium (Pd) and Chromium (Cr). The Critical Metals list and a description of the Provincial and Federal electrification plans are posted on the Bold website here.

About Bold Ventures Inc.

The Company explores for Precious, Battery and Critical Metals in Canada. Bold is exploring properties located in active gold and battery metals camps in the Thunder Bay and Wawa regions of Ontario. Bold also holds significant assets located within and around the emerging multi-metals district dubbed the Ring of Fire region, located in the James Bay Lowlands of Northern Ontario.

For additional information about Bold Ventures and our projects please visit boldventuresinc.com or contact us at 416-864-1456 or email us at info@boldventuresinc.com.

‘Bruce A MacLachlan’ 
Bruce MacLachlan 
President and COO 		 ‘David B Graham’
David Graham
CEO

  
Direct line: (705) 266-0847

Email: bruce@boldventuresinc.com

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

Cautionary Note Regarding Forward-Looking Statements: This Press Release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words ‘may’, ‘would’, ‘could’, ‘will’, ‘intend’, ‘plan’, ‘anticipate’, ‘believe’, ‘estimate’, ‘expect’ and similar expressions are intended to identify forward-looking statements. Such statements reflect our current views with respect to future events and are subject to such risks and uncertainties. Many factors could cause our actual results to differ materially from the statements made, including those factors discussed in filings made by us with the Canadian securities regulatory authorities. Should one or more of these risks and uncertainties, such actual results of current exploration programs, the general risks associated with the mining industry, the price of gold and other metals, currency and interest rate fluctuations, increased competition and general economic and market factors, occur or should assumptions underlying the forward looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. We do not intend and do not assume any obligation to update these forward-looking statements, except as required by law. Shareholders are cautioned not to put undue reliance on such forward-looking statements.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION
IN THE UNITED STATES

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/280012

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Copper Quest and i2i Enter Into Corporate Marketing and Investor Awareness Agreement

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Copper Quest Exploration Inc. (CSE: CQX,OTC:IMIMF; OTCQB: IMIMF; FRA: 3MX) (‘Copper Quest’ or the ‘Company’) is pleased to announce that it has entered into an agreement (the ‘Agreement’) with i2i Marketing Group, LLC (‘i2i’), a Florida-based firm, to provide comprehensive corporate marketing and investor awareness services to CQX.

The engagement with i2i is designed to enhance the Company’s market presence and expand its shareholder communications program. The services will include content creation management, author sourcing, project management, and media distribution.

Under the terms of the agreement, i2i will be engaged for an initial period of six months for a total cash consideration of $300,000 (USD). i2i and its principals are at arm’s length to CQX and, to the Company’s knowledge, do not have any interest, directly or indirectly, in the Company or its securities, or any right or intent to acquire such an interest. The engagement and the terms of the Agreement are subject to the final approval of the CSE.

i2i Marketing Group, LLC
1107 Key Plaza #222
Key West, Florida
33040
Contact: Joe Grubb & Kailyn White
Email: contact@i2illc.com
Ph: 240-315-4665

ABOUT Copper Quest Exploration Inc.

The company’s land holdings comprise 7 projects that span over 45,000-plus hectares in great mining jurisdictions of Canada and the USA.

Copper Quest has a 100% interest in the past-producing Alpine Gold Mine located approximately 20 kilometers northeast of the City of Nelson British Columbia, spanning 4,611.49 hectares with a 2018 National Instrument 43-101 Standards of Disclosure for Mineral Projects historical inferred resource of 268,000 tonnes, estimated using a cut-off grade of 5.0 g/t Au and an average grade of 16.52 g/t Au, that represents an inferred resource of 142,000 oz of gold (McCuaig & Giroux, 2018)*. Apart from the Alpine Mine itself the property hosts 4 other less explored significant vein systems including the past-producing King Solomon vein workings, the Black Prince and the Cold Blow veins system, and the Gold Crown vein system.

Copper Quest has a 100% interest in the road accessible Stars Porphyry Copper-Molybdenum Property, spanning 9,693 hectares in central British Columbia’s Bulkley Porphyry Belt with Tana Zone discovery drill intersection highlights of 0.466% Cu over 195.07m* in drill hole DD18SS004 from 23.47m, 0.200% Cu over 396.67m* in drill hole DD18SS010 from 29.37m, and 0.205% Cu over 207.27m* in drill hole DD18SS015 from 163.98m. This highly prospective, approximately 5 X 2.5 kilometer annular magnetic anomaly is interpreted to represent an altered monzonite intrusion and surrounding hornfels. *The Company has not yet completed sufficient work to verify these 2018 historic inferred resource results.

Copper Quest has a 100% interest in the road accessible Kitimat Copper-Gold Property, spanning 2,954 hectares within the Skeena Mining Division of northwestern British Columbia located northwest of the deep-water port community of Kitimat, British Columbia. The property benefits from exceptional infrastructure, being within 10 km of tidewater, 1.5 km of rail, and 6 km of high-voltage hydroelectric transmission lines. Exploration on the Kitimat property dates to the late 1960s, with the most significant historical work was conducted by Decade Resources Ltd. (2010), which completed 16 diamond drill holes totaling 4,437.5 meters in the Jeannette Cu-Au Zone, and drill intersection highlights of 1.03 g/t Au, 0.54% Cu over 117.07 m in Hole J-7 from 1.52 m, 1.00 g/t Au, 0.55% Cu over 103.65m in Hole J-1 from 9.15 m, 0.80 g/t Au, 0.45% Cu over 107.01m in Hole J-2 from 6.10 m, and 0.41 g/t Au, 0.33% Cu over 112.20m in Hole J-8 from 11.89 m.

Copper Quest has a 100% interest in the road accessible Stellar Property, spanning 5,389-hectares in British Columbia’s Bulkley Porphyry Belt contiguous to the Stars Property. This highly prospective region is known for its significant copper and precious metal deposits, with past-producing mines and active development projects in the surrounding area. Despite its strategic location, Stellar has never undergone modern systematic exploration. The property features multiple promising targets, including a large, classic porphyry-style magnetic anomaly, high-grade copper, gold, and silver mineral showings, and previously underexplored zones with strong geophysical signatures.

Copper Quest has a 100% interest in the Thane Project located in the Quesnel Terrane of Northern British Columbia spanning over 20,658 hectares with 10 priority targets identified demonstrating significant copper and precious metal mineralization potential.

Copper Quest has an earn-in option of up to 80% and joint-venture agreement on the road accessible Rip Porphyry Copper-Molybdenum Project, spanning 4,700-hectares located in the Bulkley Porphyry Belt in central British Columbia. Two Porphyry centers have been identified by the Company with the 2024 drill program testing the northern target with two holes (RP24-001 & RP24-002) from a single drill pad. Results confirmed that mineralization starts at surface and extends to depth, with multiple intrusive phases, quartz-sulfide stockwork, and veining. The southern highly prospective porphyry target remains untested by drilling.

Copper Quest has a 100% interest in the Nekash Copper-Gold Project, a porphyry exploration opportunity located in Lemhi County, Idaho, along the prolific Idaho-Montana porphyry copper belt that hosts world-class systems such as Butte and CUMO. The project is fully road-accessible via maintained U.S. highways and forest service roads and currently consists of 70 unpatented federal lode claims covering 585 hectares.

Copper Quest is committed to building shareholder value through acquisitions, discovery-driven exploration, and responsible development of its North American critical mineral portfolio of assets. The Company’s common shares are principally listed on the Canadian Stock Exchange under the symbol ‘CQX’. For more information on Copper Quest, please visit the Company’s website at www.copper.quest.

On behalf of the Board of Copper Quest Exploration Inc.

Brian Thurston, P.Geo.
Chief Executive Officer and Director
Tel: 778-949-1829

For further information contact:

Investor Relations
info@copper.quest

https://x.com/CSECQX

https://ca.linkedin.com/company/copper-quest

Forward Looking Information

This news release contains certain ‘forward-looking information’ and ‘forward-looking statements’ (collectively, ‘forward-looking statements‘) within the meaning of applicable securities legislation. All statements, other than statements of historical fact included herein, including without limitation, future operations and activities of Copper Quest, are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as ‘expects’, ‘anticipates’, ‘believes’, ‘intends’, ‘estimates’, ‘potential’, ‘possible’, and similar expressions, or statements that events, conditions, or results ‘will’, ‘may’, ‘could’, or ‘should’ occur or be achieved. Forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates based on or related to many of these factors. Such factors include, without limitation, risks associated with possible accidents and other risks associated with mineral exploration operations, the risk that the Company will encounter unanticipated geological factors, risks associated with the interpretation of exploration results, the possibility that the Company may not be able to secure permitting and other governmental clearances necessary to carry out the Company’s exploration plans, the risk that the Company will not be able to raise sufficient funds to carry out its business plans, and the risk of political uncertainties and regulatory or legal changes that might interfere with the Company’s business and prospects. Readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these items. The Company does not assume any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by applicable securities laws.

The Canadian Securities Exchange has not reviewed, approved or disapproved the contents of this press release, and does not accept responsibility for the adequacy or accuracy of this release.

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Kobo Delivers Significant Progress at its Kossou Gold Project in 2025, Establishes a Scalable West African Gold Platform for 2026 and Hosted the 2nd Annual Kobo Cup

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  • Work at the Kossou Gold Project in 2025 advanced the project toward a maiden Mineral Resource Estimate through more than 20,000 m of drilling and the identification of new gold targets on the western portion of the permit
  • Initial exploration at the Kotobi Permit outlined multiple gold-in-soil anomalies, establishing a clear path for follow-up trenching and drill prioritization
  • Kobo’s regional growth opportunities, including the Nesdave earn-in agreement and Yakassé Gold Project, are located in Côte d’Ivoire, West Africa, the world’s largest gold-producing region in 2024, where Côte d’Ivoire ranks among the faster jurisdictions globally for discovery-to-production timelines
  • Kobo hosted the 2 nd Annual Kobo Cup late November 2025 with the presence of Canadian Ambassador to Côte d’Ivoire, Sandra Choufani

Kobo Resources Inc. ( ‘ Kobo’ or the ‘ Company ‘) ( TSX.V: KRI ) is pleased to provide a review of progress achieved during 2025 and key milestones planned for 2026, following a year in which the Company materially advanced its 100%-owned Kossou Gold Project (‘ Kossou ‘) toward a maiden Mineral Resource Estimate and expanded its gold exploration portfolio across Côte d’Ivoire, within West Africa, one of the world’s largest gold-producing regions.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260112782664/en/

KDD0056: 10.0 m at 4.57 g/t Au from 176.0 m

KDD0056: 10.0 m at 4.57 g/t Au from 176.0 m

Edward Gosselin, CEO and Director of Kobo commented: ‘2025 was a year of focused execution for Kobo . We advanced an extensive exploration program that materially expanded the drill database, advanced geological and resource modelling at the Jagger and Road Cut Zones and identified additional targets at the Kadie Zone as well as on the western portion of the Kossou permit that will require follow-up work in the year ahead.’

He continued: ‘With more than 20,000 m drilled during 2025, this highly prospective target is well positioned as we move toward a maiden Mineral Resource Estimate in 2026, a key technical catalyst for the Company. Drilling at Kossou restarted on January 12, 2026 following the holiday break and we look forward to expanding the current ongoing resource modelling.’

He concluded: ‘Beyond Kossou , we completed first-pass exploration at the Kotobi Permit , where multiple gold-in-soil anomalies were identified and prioritized for follow-up sampling, trenching and drill testing to commence in Q1 2026. We also continued early-stage evaluation under the Nesdave earn-in agreement, adding to the Company’s pipeline of opportunities in Côte d’Ivoire. Finally, we are working with the governmental authorities to secure the issuance of research permits for the Bocanda South Application and the Yakassé Gold Project Application. As we look ahead to 2026, our focus remains on advancing these assets through disciplined, stepwise exploration and allocating capital toward the most technically compelling targets.’

Advancing the Kossou Gold Project Toward Resource Definition

During 2025, Kobo focused on advancing Kossou through a comprehensive exploration program designed to support geological understanding, resource modelling, and the identification of additional targets across the permit area. Total drilling at Kossou now stands at approximately 37,160 metres (‘m’) across 200 drill holes , which has established a strong technical foundation as the Company advances toward further resource definition.

Diamond drilling remained the primary focus at Kossou in 2025, with 20,447 m drilled across all targets . A total of 17,421 drill core samples were collected and analysed, including 2,613 QA/QC samples . Drilling during the year included 10,979 m at the Jagger Zone , 9,029 m at the Road Cut Zone , 236 m at the Kadie Zone , and 203 m at the Shadow Zone .

Key Intercepts from the 2025 Drill Program:

Road Cut Zone

  • KDD0095
    • 17.0 m at 3.87 g/t Au from 22.0 m, incl. 9.0 m at 6.84 g/t Au from 23.0 m (October 8,2025)
  • KDD0056
    • 10.0 m at 4.57 g/t Au from 176.0 m (January 30, 2025)

Jagger Zone

  • KDD0111
    • 9.0 m at 3.60 g/t Au from 119.0 m (November 30, 2025)
  • KDD0085
    • 20.0 m at 1.41 g/t Au from 106.0 m (June 29, 2025)

Drilling at the Jagger and Road Cut Zones continued to return consistent gold mineralisation, reinforcing structural continuity and supporting the Company’s evolving geological model. In parallel with drilling, Kobo advanced geological interpretation and modelling at both zones, with in-house resource modelling currently underway. Additional drilling is expected to be required at the Kadie Zone to further assess its potential. Once final assay results are received in early 2026, the Company plans to update its geological and resource models as it works toward a maiden Mineral Resource Estimate.

Other exploration work completed during the year included extensive surface programs comprising 2,391 soil samples (including 134 QA/QC samples), 58 prospective rock samples , and 28 trenches totalling 1,072 metres (‘ m ‘), from which 1,147 samples were collected (including 23 QA/QC samples).

In addition to advancing known mineralised zones at its prospective targets on the permit, exploration at Kossou in 2025 identified two new target areas, including zones on the western portion of the permit where soil geochemical surveys outlined strong northwest-trending gold anomalies. The Company expects additional exploration upside from these targets beyond the current resource focus areas and plans to initiate follow-up work in 2026.

‘ The Company encourages current and prospective investors to refer to past drill result announcements to read the full extent of discoveries made to date at Kossou as well as its unique and strategic location. A full list of press releases is located at www.koboresources.com/en/news .’

Building a Pipeline of Regional Growth Opportunities in West Africa

Kotobi Permit

In parallel with work at Kossou , Kobo advanced early-stage exploration across its broader Côte d’Ivoire portfolio in 2025, with the objective of identifying and prioritizing new gold targets capable of supporting a future growth platform in West Africa.

At the Kotobi Permit , the Company completed its second phase of initial exploration with activities during the year including 5,016 soil samples (including 153 QA/QC samples), bringing the total soil samples to 7,743 (including 236 QA/QC samples), 46 termite mound samples , 59 prospective rock samples , 16 pits yielding 125 samples , and 16 trenches totalling 370 m , from which 385 samples were collected (including 9 QA/QC samples). Results from this work outlined multiple gold-in-soil anomalies, establishing a clear framework for follow-up sampling, trenching, and advancement toward initial drill testing. Based on results to date, the Company expects to advance these priority targets toward initial drill testing in Q1-2026.

Earn-In Opportunities

Under the Nesdave earn-in agreement at the Agnibilekro Project , Kobo completed early-stage exploration programs during 2025, including 2,838 soil samples (including 113 QA/QC samples) and 13 reconnaissance rock samples . These programs contributed to refining priority target areas for continued evaluation.

The Company is awaiting the outcome of the Côte d’Ivoire Mine Department’s review of the Yakassé Gold Project and Bocanda South permit applications and anticipates initiating work upon permit issuance, which is expected in the first half of 2026.

The 2 nd Annual Kobo Cup

Community engagement remained a central focus for Kobo in 2025, as the Company strengthened its relationships with communities around the Kossou Gold Project. A major highlight of the year was the second annual Kobo Cup , a community football tournament designed to empower youth, foster local participation, and celebrate village identity.

Building on the inaugural 2024 event, the 2025 Kobo Cup expanded into a multi-team tournament featuring the villages of Kossou , Bocabo , and Angossé , all located near Kossou. Youth participants collaborated with local artists in a village jersey design workshop, creating official team jerseys that celebrate each village’s culture and pride. The Village of Kossou emerged as the winner of the 2025 Kobo Cup.

In a new addition this year, Kobo also partnered with Rockstone Drilling to host the Junior Kobo Cup , a training-focused workshop bringing together young footballers from each village and professional coaches from Assinie Tempo FC , a top-tier league team in Abidjan. The Junior Kobo Cup offered players hands-on training, mentorship, and exposure to professional standards, giving youth an opportunity to develop their skills.

A cornerstone of the event’s success was Kobo’s partnership with Coast2Coast Entertainment , one of West Africa’s leading media and entertainment companies. Their ongoing support, including providing football equipment, media amplification, and local expertise was instrumental in this year’s Kobo Cup .

The Kobo Cup continues to gain recognition beyond the local community, attracting attention from key individuals and dignitaries, including Canada’s Ambassador to Côte d’Ivoire, Sandra Choufani .

Looking Ahead: 2026 Priorities for Kobo

In 2026, Kobo remains focused on advancing Kossou toward a maiden Mineral Resource Estimate, a key technical milestone for the Company, supported by continued geological and resource modelling and targeted follow-up drilling where required. The Company also plans to initiate its first drill program at the Kotobi Permit, subject to results from ongoing target prioritization.

Additional work is planned across the western portion of the Kossou Permit to further evaluate newly identified targets, while continued evaluation under the Nesdave earn-in agreements and at Yakassé and Bocanda South is expected to define additional growth opportunities. More broadly, Kobo intends to continue assessing regional opportunities across West Africa, a region that remains central to global gold production and exploration activity.

2025 Media Interviews

During 2025, Kobo management participated in several media interviews to discuss the Company’s exploration progress, strategy, and outlook. Click the links below to watch.

Review of Technical Information

The scientific and technical information in this press release has been reviewed and approved by Paul Sarjeant, P.Geo., who is a Qualified Persons as defined in National Instrument 43-101. Mr. Sarjeant is the President and Chief Operating Officer and Director of Kobo.

About Kobo Resources Inc.

Kobo Resources is a growth-focused gold exploration company with a compelling gold discovery in Côte d’Ivoire, one of West Africa’s most prolific gold districts, hosting several multi-million-ounce gold mines. The Company’s 100%-owned Kossou Gold Project is located approximately 20 km northwest of the capital city of Yamoussoukro and is directly adjacent to one of the region’s largest gold mines with established processing facilities.

With over 31,272 metres of diamond drilling, nearly 5,887 metres of reverse circulation (RC) drilling, and 7,100+ metres of trenching completed since 2023, Kobo has made significant progress in defining the scale and prospectivity of its Kossou’s Gold Project. Exploration has focused on multiple high-priority targets within a 9+ km strike length of highly prospective gold-in-soil geochemical anomalies, with drilling confirming extensive mineralisation at the Jagger, Road Cut, and Kadie Zones. The latest phase of drilling has further refined structural controls on gold mineralisation, setting the stage for the next phase of systematic exploration and resource development.

Beyond Kossou, the Company is advancing exploration at its Kotobi Permit and is actively expanding its land position in Côte d’Ivoire with prospective ground, aligning with its strategic vision for long-term growth in-country. Kobo remains committed to identifying and developing new opportunities to enhance its exploration portfolio within highly prospective gold regions of West Africa. Kobo offers investors the exciting combination of high-quality gold prospects led by an experienced leadership team with in-country experience. Kobo’s common shares trade on the TSX Venture Exchange under the symbol ‘KRI’. For more information, please visit www.koboresources.com .

NEITHER THE TSXV NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSXV) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Cautionary Statement on Forward-looking Information:

This news release contains ‘forward-looking information’ and ‘forward-looking statements’ (collectively, ‘forward-looking statements’) within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as ‘expects’, or ‘does not expect’, ‘is expected’, ‘anticipates’ or ‘does not anticipate’, ‘plans’, ‘budget’, ‘scheduled’, ‘forecasts’, ‘estimates’, ‘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 to occur or be achieved) are not statements of historical fact and may be forward-looking statements Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: general business, economic, competitive, political and social uncertainties; and the delay or failure to receive board, shareholder or regulatory approvals. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news release. Except as required by law, Kobo assumes no obligation and/or liability to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260112782664/en/

For further information, please contact:

Edward Gosselin
Chief Executive Officer and Director
1-418-609-3587
ir@kobores.com

Twitter: @KoboResources | LinkedIn: Kobo Resources Inc.

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Western Copper and Gold Strengthens Leadership Team with Key Technical Appointments

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western copper and gold corporation (TSX: WRN) (NYSE American: WRN) (‘Western’ or the ‘Company’) is pleased to announce the appointments of Robert Dirk as Chief Operating Officer and Christian Roldan as Vice President, Technical.

Robert Dirk is a proven mining operator with 37 years of experience leading large-scale operations and delivering major projects across multiple commodities and jurisdictions. He spent 20 years at Suncor Energy, where he held progressively senior operational roles and served as the senior operational leader on the Fort Hills mega-project, one of Canada’s landmark resource projects. Internationally, he served on the executive team for Kaz Minerals’ large-scale Peschanka copper-gold project in Russia’s Far East. Mr. Dirk holds a degree in Mining Engineering from the University of Alberta and a technical diploma in Geosciences from the Northern Alberta Institute of Technology.

Christian Roldan is an accomplished mining executive with more than 25 years of international experience across the full mine lifecycle, from early-stage exploration through development, operations, and closure. Most recently, he held senior roles with Newmont, where he led multi-million-dollar engineering studies for projects in Canada, Suriname, and Chile. In the Yukon, he successfully advanced the Coffee project through YESAB’s environmental assessment process. He is also a former director of the Yukon Chamber of Mines. He holds a B.S. in Chemical Engineering and an M.Sc. in Metallurgical Engineering from the University of Utah.

‘We are very pleased to welcome Robert and Christian to the Western team,’ said Sandeep Singh, President & CEO. ‘They bring major-company experience that matches the scale and standards required for Casino – Canada’s largest critical minerals project. These appointments strengthen our ability to move through our permitting process and advance technical work, while continuing to de-risk the project. 2025 was an important year for the Company. We look forward to further unlocking the value of our very strategic property.’

ABOUT western copper and gold corporation

western copper and gold corporation is advancing the Casino Project, Canada’s premier copper-gold mine in the Yukon and one of the most economic greenfield copper-gold mining projects in the world.

The Company is committed to working collaboratively with First Nations and local communities to progress the Casino Project, using internationally recognized responsible mining technologies and practices.

For more information, visit www.westerncopperandgold.com.

On behalf of the board,

‘Sandeep Singh’

Sandeep Singh
President & CEO
western copper and gold corporation

For more information, please contact:

Cameron Magee
Director, Investor Relations & Corporate Development
western copper and gold corporation
437-219-5576 or cmagee@westerncopperandgold.com

Cautionary Note Regarding Forward-Looking Statements

This news release includes certain ‘forward-looking information’ and ‘forward-looking statements’ (collectively ‘forward-looking statements’) within the meaning of applicable Canadian and United States securities legislation including the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements are made as of the date of this news release. Forward-looking statements are frequently, but not always, identified by words such as ‘expects’, ‘anticipates’, ‘believes’, ‘plans’, ‘projects’, ‘intends’, ‘estimates’, ‘envisages’, ‘potential’, ‘possible’, ‘strategy’, ‘goals’, ‘opportunities’, ‘objectives’, or variations thereof or stating that certain actions, events or results ‘may’, ‘could’, ‘would’, ‘might’ or ‘will’ be taken, occur or be achieved, or the negative of any of these terms and similar expressions. Such forward-looking statements herein include statements regarding the expected impact of these appointments and the Company’s plans and ability to advance the Casino Project, including technical work, permitting, and the timing of such activities.

Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual events to be materially different from those expressed or implied by such statements. Such factors include but are not limited to the risk of unforeseen challenges in advancing the Casino Project, potential impacts on operational continuity, changes in general market conditions that could affect the Company’s performance; and other risks and uncertainties disclosed in the Company’s annual information form and Form 40-F for the most recently completed financial year and its other publicly filed disclosure documents.

Forward-looking statements are based on assumptions management believes to be reasonable, such assumptions and factors as set out herein, and in the Company’s annual information form and Form 40-F for the most recently completed financial year and its other publicly filed disclosure document.

Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, other factors may cause results to be materially different from those anticipated, described, estimated, assessed or intended. These forward-looking statements represent the Company’s views as of the date of this news release. There can be no assurance that any forward-looking statements will be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company does not intend to and does not assume any obligation to update forward-looking statements other than as required by applicable law.

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Anteros Metals Commences Drilling at Seagull Critical Minerals Project, Ontario

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Anteros Metals Inc. (CSE: ANT) (‘Anteros’ or the ‘Company’) is pleased to announce that drilling has commenced at the Seagull Critical Minerals Project (the ‘Project’), located approximately 80 kilometres northeast of Thunder Bay, Ontario.

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Diamond drill rig at the Seagull Critical Minerals Project, Ontario, January 2026.

To view an enhanced version of this graphic, please visit:
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Further to the Company’s December 8, 2025 news release, drill crews have mobilized to site, casing has been cemented and drilling is now underway. The January 2026 drill program is fully funded and fully permitted and is designed to evaluate a previously untested deep target identified beneath the Seagull mafic-ultramafic intrusion.

Rift Minerals Inc. (‘Rift’), as Operator, has commenced drilling on this exploration-stage property, which is being evaluated for platinum group elements (PGEs), nickel, copper, and associated naturally occurring gases including hydrogen and helium. The Company’s Phase 1 program is planned as an approximately 1,350-metre deep diamond drillhole designed to test a low-velocity anomaly identified by Rift’s Ambient Noise Tomography (‘ANT’) survey. A specialized gas-handling team is scheduled to arrive later this month to support drilling activities as the program advances. Gas sampling is investigatory in nature and does not imply the presence of commercial gas resources.

The drillhole is designed to test a subsurface zone of interest that has not previously been drill tested. The Company expects to provide additional updates as drilling progresses and results become available.

ABOUT THE SEAGULL PROJECT

The Project is located approximately 80 kilometres northeast of Thunder Bay, Ontario, and covers the interpreted mafic-ultramafic Seagull Intrusion within the Nipigon Basin. Historical exploration between 1998 and 2012 included airborne geophysical surveys and approximately 20,000 metres of diamond drilling, which reported disseminated to semi-massive sulphide mineralization containing nickel, copper, and platinum-group elements along parts of the intrusion’s basal contact. These results are historical in nature and have not been independently verified by Anteros.

In 2024, Rift completed an Ambient Noise Tomography (‘ANT’) survey to refine the internal geometry of the Seagull Intrusion and to help define a deeper subsurface target. The survey outlined contrasting velocity domains interpreted to reflect lithological and alteration variations. These interpretations have not been tested by drilling and remain unverified by Anteros. The current Phase 1 drill program is intended to provide the first subsurface evaluation of the deeper ANT anomaly.

QUALIFIED PERSON

The scientific and technical information in this news release relating to the Seagull Project was prepared by Rift Minerals Inc. and has been reviewed and approved by Dr. Geoff Heggie, P.Geo. (Ontario), a Qualified Person under National Instrument 43-101. This information has not been independently verified by Anteros Metals Inc. and is provided for geological context only.

ABOUT Anteros Metals Inc.

Anteros Metals Inc. is a Canadian exploration company focused on advancing a pipeline of critical-minerals projects across Newfoundland and Labrador and select Canadian jurisdictions. The Company targets copper, nickel, zinc, and emerging strategic commodities that support the global energy transition. Immediate plans for its flagship Knob Lake Property include bringing the historical Fe-Mn Mineral Resource Estimate into current status and commencing baseline environmental and feasibility studies.

ABOUT RIFT MINERALS INC.

Rift Minerals Inc. is a private corporation based in Thunder Bay, Ontario, founded in 2024 by Steven Stares, Michael Stares, Cliff Hickman and Abraham Drost, M.Sc., P.Geo. (Ontario). Rift has completed early-stage exploration work on the Seagull Project, including an Ambient Noise Tomography survey completed by Sisprobe, France. The resulting assessment report has been filed with the Ontario Ministry of Energy and Mines for assessment credit. Additional information about Rift Minerals Inc. is available through publicly accessible sources.

For further information:

Email: info@anterosmetals.com | Phone: +1-709-769-1151
Web: www.anterosmetals.com

On behalf of the Board of Directors:
Chris Morrison
Director
chris@anterosmetals.com | +1-709-725-6520
16 Forest Road, Suite 200, St. John’s, NL, Canada A1X 2B9

Cautionary Statement Regarding Forward-Looking Information

This news release may contain ‘forward-looking information’ and ‘forward-looking statements’ within the meaning of applicable Canadian securities legislation. All information contained herein that is not historical in nature may constitute forward-looking information. Forward-looking statements herein include but are not limited to statements relating to the prospects for development of the Company’s mineral properties, and are necessarily based upon a number of assumptions that, while considered reasonable by management, are inherently subject to business, market and economic risks, uncertainties and contingencies that may cause actual results, performance or achievements to be materially different from those expressed or implied by forward-looking statements. Except as required by law, the Company disclaims any obligation to update or revise any forward-looking statements. Readers are cautioned not to put undue reliance on these forward-looking statements.

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Why I Pledge Allegiance to the Constitution — Not the Flag

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I don’t much care for the pledge of allegiance. This got me into a bit of hot water when I was the convocation speaker at Hillsdale College, standing on the stage right next to the flag, silent and polite, while the assembled faculty and studentry recited the pledge.

Don’t get me wrong. I love the “standard to which the wise and honest can repair.” And I confess I’ve gotten misty-eyed when I’ve seen Old Glory flown around a rodeo arena, as the sun is setting over the Rocky Mountains.

Alas, the pledge of allegiance had an ugly midwife: the Christian Socialist Francis Bellamy, who was kicked out of his Boston pulpit for preaching against the evils of capitalism. Not for me, the pledge to a symbol or the Hegelian nation. And not for me a pledge that was accompanied by the Bellamy salute, until it was quietly dropped during World War II because it looked a little too much like Nazi theatrics.

The pledge was a clever work of Progressivism. It inculcated allegiance to the state and the abstract patria, while ignoring the bedrock of American liberty, the US Constitution — because its pesky constraints might otherwise thwart wise leaders who can fix all of our problems with the stroke of a regulatory or legislative pen. 

I am, however, ready to pledge allegiance to the Constitution.

In fact, back in 1996, I did “solemnly swear that I will support and defend the US Constitution against all enemies, foreign and domestic.” I was an eager 23-year-old Foreign Service Officer, taking my oath of office. I left the Foreign Service because the State Department opened my eyes to the ills of bureaucracy, and because too many of my colleagues were not defending the Constitution. Ironically, the US Government made a libertarian of me.

What’s so special, so laudable, so lovable about the US Constitution? 

The Constitutional Contract

The economist James M. Buchanan (Nobel Laureate, 1986) founded the discipline of constitutional political economy. In the simplest of terms, he explained how a constitution might emerge out of a state of nature. My neighbor and I live in a constant state of fear, as we routinely raid each other. Instead of dedicating resources to innovation and capital accumulation, we dedicate resources to defense (and offense). One day, we realize this doesn’t make sense. Instead of eking out a living in constant fear of plunder, we could agree to live in peace, divide labor according to comparative advantage, innovate, accumulate capital — and, generally, both become rich.

There remain two problems. First, each party will cheat on the contract if it thinks it can get away with it. So we need an outside enforcement mechanism. But this leads to a second problem: how do we control that entity? Neither party will sign off on the constitution if there aren’t explicit conditions for contractual enforcement — especially if the other party could someday be in power. In the powerful language of Federalist 51: “In framing a government which is to be administered by men over men, the great difficulty lies in this: you must first enable the government to control the governed; and in the next place oblige it to control itself.”

The [Expanded] United States Constitution

I like to read the Constitution as a three-part document: the Declaration of Independence, the Constitution of 1787, and Martin Luther King’s “I Have a Dream” speech. This establishes the Constitution as the institutional fulfillment of a philosophical statement, and one that is still growing into its promise. Fellow nerds will complain that there are more than three documents… touché! A fuller understanding requires a reading of earlier philosophy (Locke, Montesquieu, Milton, and others); the Federalist Papers; the Articles of Confederation; and the Constitution of the Confederate States (though it was born of grievous sin, it did address a century of constitutional learning, and addressed both federal overreach and a scandalously latitudinarian reading of the Commerce Clause). But let’s start with the starring three.

The Declaration of Independence submits a list of colonial grievances against the British Crown. A contemporary reading that substitutes “president” or “federal government” for the British Crown will show the perennial nature of governmental overreach. But the core is contained in the beginning: “We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.” From a pithy statement of metaphysics, epistemology, and ethics, flows a simple political theory: “That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed…” 

The Constitution is the institutional implementation of the Declaration’s philosophy. Back to Federalist 51, the Constitution enables the federal government to “establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity.” It does so through such things as unified foreign policy and defense powers, the regulation of commerce between the states, the ability to call forth the militia to quell insurrections, and the Supremacy Clause (Article VI) over the states. The Constitution also “oblige[s] [the federal government] to control itself.” This, it does through separation of powers (“ambition [is] made to counteract ambition”); through a balance of power between the states and the federal government; and through the granting of limited and enumerated powers to the federal government (notably under Article I, Section 8, and the Tenth Amendment). To these measures, we can add the Bill of Rights and the Reconstruction Amendments.

Martin Luther King’s “I Have a Dream” speech completes the trifecta. Indeed, a major line of dissent against the Constitution (embodied in identity politics and the debunked 1619 Project) seeks to recast the American founding as a simplistic story of racism. Of course, the Constitution did not immediately actualize the vision of the Declaration of Independence. But consider the history: before the Enlightenment, nobody (except for a handful of nobles and bishops) had rights, and everybody was poor. Then something — something radical — changed: some people in some countries saw their rights recognized. Not everybody, not everywhere, not immediately. But increasing numbers of people in increasing numbers of countries came to be included in the Enlightenment fold, and prospered accordingly. That project is still unfolding. Rather than throwing out the proverbial constitutional baby with the bathwater, and dumping the Enlightenment project because it wasn’t immediate or perfect, we are called to expand it. 

Consider the Rev. Dr. Martin Luther King’s speech:

When the architects of our republic wrote the magnificent words of the Constitution and the Declaration of Independence, they were signing a promissory note to which every American was to fall heir. This note was a promise that all men, yes, black men as well as white men, would be guaranteed the ‘unalienable Rights’ of ‘Life, Liberty and the pursuit of Happiness.’ It is obvious today that America has defaulted on this promissory note, insofar as her citizens of color are concerned. Instead of honoring this sacred obligation, America has given the Negro people a bad check, a check which has come back marked ‘insufficient funds.’

But we refuse to believe that the bank of justice is bankrupt. We refuse to believe that there are insufficient funds in the great vaults of opportunity of this nation. And so, we’ve come to cash this check, a check that will give us, upon demand, the riches of freedom and the security of justice.

Is The Constitution Still Relevant?

Critics have argued that the Constitution of 1787 went too far in empowering (versus constraining) the federal government. In hindsight, perhaps the Anti-Federalists were right, as the federal government has grown from its small scope of enumerated powers, into a behemoth that controls a third of the economy. The Constitution has been ignored and bypassed, as federal growth has been enabled by the Supreme Court. But a weaker confederation would surely have been abused also. And for all its shortcomings, the US Constitution remains a speedbump on the road to serfdom. The US is consistently within the top ten (and usually within the top five) most economically free countries. It is among the lowest public spenders within the OECD. 

The United States remains a solid democracy. It may be a dirty shirt, but it’s the world’s cleanest dirty shirt. In the words of Algernon Sidney’s epigraph to Hayek’s The Constitution of Liberty: 

Our inquiry is not after that which is perfect, well knowing that no such thing is found among men; but we seek that human Constitution which is attended with the least, or the most pardonable inconveniences.

Other naysayers have claimed that the Constitution represents an unfair claim of the past on the present. The “organicists,” for example, claim that the Constitution is a living document and subject to pragmatic reinterpretation, without the need for amendment. But if a constitution can be interpreted at the drop of a judicial hat or legislative act, it means nothing — and it fails at its fundamental purpose of constraint. 

What is more, the Constitution can be amended, whether for clarification, or to reflect the changing times (for example, ending slavery, recognizing women’s right to vote, or changing the voting age to eighteen).

So, the Constitution is not sacred because it is inalterable, or because it is old. It is sacred because it represents voluntary self-constraint. It treats power as dangerous, and assumes that even the well-intentioned will eventually abuse it. We are still tempted by shortcuts, still eager to trade liberty for promises of security. The American experiment survives only when citizens insist that government stay within its bounds — especially when doing so is inconvenient.

So yes: I will pledge allegiance to the Constitution — and I hope you will, too. An enduring constitution requires a public that understands it, a judiciary that respects it, and leaders who fear violating it more than they fear losing elections. It survives only when citizens refuse to let it be hollowed out by “emergencies,” reinterpreted into meaninglessness, or bypassed by administrative decree.

That kind of humility is all too rare in modern politics, and it is well worth defending.

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