Author

admin

Browsing

Iran is waging a mass drone campaign across the Middle East, unleashing waves of low-cost, one-way attack drones also known as unmanned aerial vehicles (UAVs), against Western-linked targets to impose ‘exponential cost on the U.S.,’ a defense expert has warned.

As Tehran reportedly launched thousands of Shahed drones across the region and Iranian state media shared footage of underground stockpiles, Cameron Chell, CEO of drone maker and tech company Draganfly, said Iran’s strategy is designed to force high-end defenses to counter cheap aerial threats.

‘Even a hundred of these drones in the hands of a decentralized unit can cause terror in a neighboring state like never before imagined,’ Chell told Fox News Digital. ‘The Iranians cannot win the war with these drones, but like the [communist] Viet Cong [during the Vietnam War], they have an asymmetric capability that can prolong this war and create political pressure.’

‘Iran can drive terror in unimaginable ways and drive exponential costs on the U.S. side, having to target these small, very hard-to-detect drone units,’ he added.

Chell’s warning comes as tensions spiraled following Saturday’s joint U.S.-Israel strikes on Iran targeting nuclear sites, missile facilities and leadership that killed Supreme Leader Ayatollah Ali Khamenei and several commanders.

The Iranian drones have proved deadly, having killed six U.S. service members in an attack on a tactical center in Kuwait earlier this week.

A CIA station in the U.S. Embassy in the Saudi capital of Riyadh was struck in an Iranian drone attack Tuesday, causing a limited fire but no reported injuries.

In Bahrain, drones reportedly identified as Iranian Shahed models smashed into the upper floors of the Era View Tower in Manama, about one mile from a U.S. Navy base.

An Iranian drone also struck a parking lot outside the U.S. Consulate in Dubai, while the United Arab Emirates said it intercepted Iranian missiles and drone attacks targeting the country.

‘Based on the engine sound, the apparent attack angle and the implied speed, to the best of my knowledge, this was a Shahed-class one-way attack drone,’ Chell said of the Dubai consulate attack video before suggesting the drone footage showed ‘a Shahed 191.’

Fars News Agency also released footage purporting to show scores of attack drones stockpiled in vast underground tunnels in Iran.

The video appeared to show rows of triangular-shaped drones on rocket launchers, missiles lined up, four to a launcher vehicle and walls adorned with Iranian flags and photographs of Khamenei. Outlets noted that the video’s timing and location remain unverified.

‘It is hard to confirm that Iran has the capability now to produce these drones in these volumes during wartime,’ Chell said of the stockpiling footage.

‘To the extent they were producing these in those numbers, a more-than-significant portion would have been for delivery to Russia — which does not seem impossible. That said, the drones in the underground propaganda video are Shahed 191 drones.’

A new report from the Carnegie Endowment for International Peace also underscored Chell’s comments on expense and range.

‘Right now, Iran is using a mixture of ballistic missiles and attack drones,’ said senior fellow Dara Massicot. ‘The methods are effective, but targeting drones in this way is resource-intensive and expensive, and it will drain certain types of interceptors quickly.’

‘Ground-based air defense interceptor missiles are not infinite, and the United States and its partners and allies have had stockpile challenges in this area for years,’ she added.

Another senior fellow, Steve Feldstein, added, ‘An important point is that the world is entering a new age of drone war as unmanned aircraft are proliferating on the battlefield in major conflicts and smaller ones.’

Related Article

Gulf states intercept hundreds of Iranian missiles and drones, issue joint condemnation with US
Gulf states intercept hundreds of Iranian missiles and drones, issue joint condemnation with US

This post appeared first on FOX NEWS

Senior Iranian clerics would have been left ‘exposed’ after an Israeli airstrike hit a meeting place where they were supposed to be convening Tuesday — days after a strike leveled the Tehran compound of Supreme Leader Ayatollah Ali Khamenei, a defense analyst has claimed.

The clerics, members of the Assembly of Experts, had reportedly planned to meet at the location in Qom to deliberate succession plans for Khamenei, who was killed in the strikes, according to The Times of Israel.

‘This second strike would be another embarrassment to what has been left of the regime,’ Kobi Michael, a senior researcher at the Institute for National Security Studies and the Misgav Institute, told Fox News Digital.

‘It indicates intelligence dominance and superiority because any movement is detected, meaning they would feel exposed,’ Michael added.

‘As of now, the leadership would feel insecure and hunted, with all of their plans collapsing one after another.’

‘They would feel totally isolated and understand that the biggest risk might come from home — from a potential uprising next,’ he added.

Israel Defense Forces spokesman Brig. Gen. Effie Defrin confirmed that the Israeli Air Force struck the building where senior clerics had planned to assemble, The Times of Israel reported.

It remains unclear how many of the 88 members were present at the time of the strike, according to an Israeli defense source cited by the outlet. The second strike on Iran’s leadership comes amid a broader military campaign.

As previously reported by Fox News Digital, U.S. forces have struck more than 1,700 targets across Iran in the first 72 hours of Operation Epic Fury, according to a U.S. Central Command fact sheet.

The campaign is aimed at dismantling Iran’s security apparatus and neutralizing what officials describe as imminent threats.

According to U.S. Central Command, targets have included command-and-control centers, the Islamic Revolutionary Guard Corps Joint Headquarters, the IRGC Aerospace Forces headquarters, integrated air defense systems and ballistic missile sites.

‘We need strategic patience and determination, and in several weeks most of the job will be accomplished,’ Michael added. ‘Even if the regime does not collapse, Iran will not be like we used to know.

‘I assume that the U.S. and Israel will establish a very robust monitoring mechanism that will enable them to react whenever the regime tries to reconstitute its military capacities again.’

Related Article

Trump says Iran’s succession bench wiped out as Israeli strike hits leadership deliberations
Trump says Iran’s succession bench wiped out as Israeli strike hits leadership deliberations

This post appeared first on FOX NEWS

President Donald Trump on Tuesday insisted Israel did not pressure him to conduct joint military strikes on Iran, claiming that he believed Iran’s Supreme Leader Ayatollah Ali Khamenei ‘was going to attack first.’

Days after the regime leaders were killed and war erupted in Iran, Trump addressed the decision to conduct a joint U.S.-Israel attack on the country, explaining he ‘might have forced Israel’s hand.’

‘I might have forced their hand,’ Trump said from the White House Oval Office on Tuesday. ‘You see, we were having negotiations with these lunatics, and it was my opinion that they were going to attack first. … If we didn’t do it, they were going to attack first. I felt strongly about that. … So, if anything, I might have forced Israel’s hand.’

Although sources previously told Fox News the timeline of the attack was moved up to seize an opportunity to strike regime leaders in downtown Tehran, Trump said both the U.S. and Israel were ready.

‘We’ve had a very, very powerful impact because virtually everything they have has been knocked out,’ the president said. ‘Now, their missile count is going way down. Amazingly, they’re hitting countries that were, let’s call them neutral … I think they were surprised. I was surprised, I think. Now those countries are all fighting against them and fighting strongly against them.’

Trump’s comments came after Democrats criticized his decision to launch strikes with Israel in Iran without congressional approval.

Administration officials said they provided congressional notification to the ‘Gang of Eight,’ a bipartisan group of top congressional intelligence leaders, ahead of the strikes, but Congress did not hold a vote to approve them.

The Trump administration has argued the U.S. was facing an ‘imminent threat,’ prompting military action.

Secretary of State Marco Rubio said the U.S. was not going to ‘sit there and absorb a blow’ from Iran, while War Secretary Pete Hegseth said the operation was not a ‘so-called regime change war’ or an open-ended conflict like that in Iraq.

Trump said he believes regardless of whether the U.S. took part in the strikes on Iran, Democrats would have been unhappy with his decision.

‘If I didn’t do this, guys like [Senate Minority Leader Chuck] Schumer who — losers, the Democrats [are] losers — … would say, ‘well, you should have done this.’ In other words, if I did it, it’s no good. If I didn’t do it, they would have said the opposite, ‘that you should have done this.’’

He added he has ‘never had more compliments’ on presidential action he has taken, noting ‘people felt that something had to be done.’

‘We [might] have a little high oil prices for a little while, but as soon as this ends, those prices are going to drop, I believe lower than even before,’ Trump said.

Fox News Digital’s Emma Colton contributed to this report.

Related Article

Trump slams Starmer as ‘not Winston Churchill’ for refusal to back Iran strikes
Trump slams Starmer as ‘not Winston Churchill’ for refusal to back Iran strikes

This post appeared first on FOX NEWS

Sankamap Metals Inc. (CSE: SCU) (‘Sankamap’ or the ‘Company’) proposes to complete a non-brokered private placement financing of up to 14,285,715 units (‘Units’) at a price of $0.35 per Unit for gross proceeds of up to $5 million (the ‘Offering’). Each Unit will consist of one (1) common share (a ‘Share’) and one-half (12) of a common share purchase warrant (each whole warrant, a ‘Warrant’). Each Warrant will entitle the holder to purchase one (1) additional common share of Sankamap at an exercise price of $0.55 for a period of twenty-four (24) months from the date of issuance. The gross proceeds from the sale of the Units will be used to advance exploration and development of Sankamap’s projects, including the acquisition of a drilling rig to be installed at the Fauro property, which will enable the simultaneous drilling of both the Kuma and Fauro properties, as well as for general working capital purposes.

Sankamap may pay finder’s fees to arm’s length finders (each a ‘Finder‘) in connection with this placement, which are expected to be up to 6.0% of the gross proceeds raised by such Finder, in cash, and share purchase warrants (each a ‘Finder’s Warrant‘) to acquire common shares of Sankamap of up to 6.0% of the number of Units sold to a purchaser or purchasers introduced by the Finder(s). Each Finder’s Warrant will entitle the holder to purchase one (1) common share of Sankamap at an exercise price of $0.35 for a period of twenty-four (24) months from the date of issuance.

The Offering is subject to the approval of the Canadian Securities Exchange (‘CSE‘) and any finder’s fees payable will be issued in accordance with the policies of the CSE and applicable securities laws. All securities issued will be subject to a four-month and one day hold period.

About Sankamap Metals Inc.

Sankamap Metals Inc. (CSE: SCU) is a Canadian mineral exploration company dedicated to the discovery and development of high-grade copper and gold deposits through its flagship Oceania Project, located in the South Pacific. The Company’s fully permitted assets are strategically positioned in the Solomon Islands, along a prolific geological trend that hosts major copper-gold deposits; including Newmont’s Lihir Mine, with a resource of 71.9 million ounces of gold¹ (310 Mt containing 23 Moz Au at 2.3 g/t P+P, 520 Mt containing 39 Moz Au at 2.3 g/t indicated, 81 Mt containing 5 Moz Au at 1.9 g/t measured, 61 Mt containing 4.9 Moz Au at 2.3 g/t Inferred).

Exploration is actively advancing at both the Kuma and Fauro properties, part of Sankamap’s Oceania Project in the Solomon Islands. Historical work has already highlighted the mineral potential of both sites, which lie along a highly prospective copper and gold-bearing trend, suggesting the possibility of further, yet-to-be-discovered deposits.

At Kuma, the property is believed to host an underexplored and largely untested porphyry copper-gold (Cu-Au) system. Historical rock chip sampling has returned consistently elevated gold values above 0.5 g/t Au, including a standout sample assaying 11.7% Cu and 13.5 g/t Au3; underscoring the area’s significant potential.

At Fauro, particularly at the Meriguna Target, historical trenching has returned highly encouraging results, including 8.0 meters at 27.95 g/t Au and 14.0 meters at 8.94 g/t Au4. Complementing these results are exceptional grab sample assays, including historical values of up to 173 g/t Au4, along with recent sampling by Sankamap at the Kiovakase Target, which returned numerous high-grade copper values, reaching up to 4.09% Cu. In addition, limited historical shallow drilling intersected 35.0 meters at 2.08 g/t Au4, further underscoring the property’s strong mineral potential and the merit for continued exploration. With a commitment to systematic exploration and a team of experienced professionals, Sankamap aims to unlock the untapped potential of underexplored regions and create substantial value for its shareholders. For more information, please refer to SEDAR+ (www.sedarplus.ca), under Sankamap’s profile.

1.Newcrest Technical Report, 2020 (Lihir: 310 Mt containing 23 Moz Au at 2.3 g/t P+P, 520 Mt containing 39 Moz Au at 2.3 g/t indicated, 81 Mt containing 5 Moz Au at 1.9 g/t measured, 61 Mt containing 4.9 Moz Au at 2.3 g/t Inferred)

2. Bougainville Copper Ltd. Annual Report, 2016 (1.5 Mt containing 16.1 Moz Au at 0.33 g/t and 4.6 Mt Cu at 0.3 % Indicated, 300 Mt containing 3.2 Moz Au 0.4 g/t and 0.7 Mt Cu Inferred)

3. Historical grab, soil and BLEG samples from SolGold Kuma Review June 2015, and SolGold plc Annual Report 2013/2012

4. September 2010-June 2012 press releases from Solomon Gold Ltd. and SolGold Fauro Island Summary Technical Info 2012

QP Disclosure

The technical content for the Oceania Project in this news release has been reviewed and approved by John Florek, M.Sc., P.Geol., a Qualified Person in accordance with CIM guidelines. Mr. John Florek is in good standing with the Professional Geoscientists of Ontario (Member ID:1228) and a director and officer of the Company.

ON BEHALF OF THE BOARD OF DIRECTORS

s/ ‘John Florek’
John Florek, M.Sc., P.Geol
Chief Executive Officer
Sankamap Metals Inc.

Contact:
John Florek, CEO
T: (807) 228-3531
E: johnf@sankamap.com

The Canadian Securities Exchange has not approved nor disapproved this press release.

Forward-Looking Statements

Forward-Looking Statements Certain statements in this release constitute ‘forward-looking statements’ or ‘forward-looking information’ within the meaning of applicable securities laws including, without limitation, the timing, nature, scope and details regarding the Company’s exploration plans and results at its projects. Such statements and information involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company, its projects, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Such statements can be identified by the use of words such as ‘may’, ‘would’, ‘could’, ‘will’, ‘intend’, ‘expect’, ‘believe’, ‘plan’, ‘anticipate’, ‘estimate’, ‘scheduled’, ‘forecast’, ‘predict’ and other similar terminology, or state that certain actions, events or results ‘may’, ‘could’, ‘would’, ‘might’ or ‘will’ be taken, occur or be achieved. These statements reflect the Company’s current expectations regarding future events, performance and results and speak only as of the date of this release.

Forward-looking statements in this press release but are not limited to, statements with respect to the expectations of management regarding the Offering, the expectations of management regarding the use of proceeds of the Offering, closing conditions for the Offering, and no objection from the CSE in respect of the Offering. These forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. Risks that could change or prevent these statements from coming to fruition include the CSE objecting to the Offering; the proceeds of the Offering may not be used as stated in this news release; Sankamap may be unable to satisfy all of the conditions to the closing required by the CSE. Sankamap does not undertake to update any forward-looking statements or information except as may be required by applicable securities laws.

Not for distribution to United States newswire services or for dissemination in the United States.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/286173

News Provided by TMX Newsfile via QuoteMedia

This post appeared first on investingnews.com

Drilling at the Box deposit continues to demonstrate wide-open mineralization beyond the PEA open-pit

Fortune Bay Corp. (TSXV: FOR,OTC:FTBYF) (FWB: 5QN) (OTCQB: FTBYF) (‘Fortune Bay’ or the ‘Company’) is pleased to announce assay results for the initial three drill holes from the ongoing exploration drilling program at its 100% owned Goldfields Gold Project (‘Goldfields’ or the ‘Project’) in Saskatchewan, one of Canada’s top mining jurisdictions.

The three drill holes were designed to test substantial down-dip gaps in previous drill coverage at the Box deposit (up to 170 m) targeting resource expansion beyond the open-pit limits defined in the Updated Preliminary Economic Assessment (‘Updated PEA’).

The results confirm the continuation of structurally-controlled, higher-grade mineralization at depth.

Assay Highlights:

  • Hole B25-346
    • 2.54 g/t over 17.0 m, including
    • 6.61 g/t over 5.0 m
  • Hole B25-347
    • 6.95 g/t over 2.0 m
    • 3.72 g/t over 3.0 m
    • 4.55 g/t over 3.0 m
    • 2.76 g/t over 7.0 m, including
    • 5.63 g/t over 3.0 m
    • 8.72 g/t over 2.0 m
  • Hole B25-348
    • 2.29 g/t over 9.3 m, including
    • 4.68 g/t over 3.0 m

Gareth Garlick, VP Technical Services, commented, ‘These results add to a growing inventory of strong assays down dip at Box, reinforcing potential for resource growth through additional delineation drilling. Gold mineralization remains wide open down dip at Box, and we are looking forward to additional assays from larger step-out holes that have recently been completed’.

Dale Verran, CEO, added, ‘While PFS-level development is advancing for an open-pit mine at Goldfields, we believe the broader gold resource base has meaningful growth potential through continued expansion and exploration drilling at numerous targets. With nearly all the PEA open-pit resources already classified in the Indicated category, we are uniquely positioned to direct our drill budget toward expansion and discovery rather than resource delineation infill. This provides an opportunity to unlock additional near-mine ounces that could further enhance Goldfields’ already robust economics and strengthen the long-term development profile of the Project.’

Box Deposit – Down-Dip Expansion

As illustrated in Figure 1, the results from B25-346, B25-347 and B25-348 contribute to an expanding dataset of strong down-dip assay intercepts at Box, supporting the potential for delineation of additional mineral resources.

Figure 1: Box Deposit Down-Dip Assay Highlights (CNW Group/Fortune Bay Corp.)

Drill Hole Details and Assay Results

The initial three drill holes at Box were designed to test significant gaps in down-dip drill coverage (up to 170 metres), extending down-dip up to 300 metres beyond the open-pit designed in the Updated PEA. All three holes successfully intersected the mineralized Box Mine Granite (‘BMG’) at or near the depths predicted by the geological model. Observed mineralization characteristics – including quartz vein orientation, thickness, and vein density – are consistent with those documented elsewhere within the deposit.

Higher gold grades at the Box deposit are typically associated with discrete north-south trending structural zones exhibiting increased quartz vein intensity. These higher-grade zones, extending below the Updated PEA open-pit base, present attractive targets for delineation drilling focused on expanding the mineral resources.

The current drilling at Box is oriented towards the east, with dips as shallow as practically achievable (approximately -55° to -60°) to intersect structural zones at the highest angle possible (closest to true thickness) and to maximise the internal coverage of the BMG for each drill hole.

Table 1: Assay results for drill holes B25-346, B25-347 and B25-348.

Hole ID

From (m)

To (m)

Length (m)

Au (g/t)

Collar
Location

Azimuth /

Dip

B25-346

228

245

17.0

2.54

X 640436

Y 6593101

070 / -60

incl.

228

233

5.0

6.61

254

273

19.0

1.42

B25-347

297

312

15.0

1.91

X 640362

Y 6593025

083 / -56

incl.

297

299

2.0

6.95

and

305

308

3.0

3.72

355

374

19.0

1.86

incl.

357

360

3.0

4.55

and

367

374

7.0

2.76

incl.

371

374

3.0

5.63

432

434

2.0

8.72

B25-348

273.68

283

9.3

2.29

X 640309

Y 6592953

085 / -62

incl.

275

278

3.0

4.68

294

298

4.0

1.60

309

319

10.0

1.26

Notes:

1.

Additional assay results for B25-348 are pending (from 448 to 480 metres)

2.

Results shown are assays from 1 metre samples composited into longer intervals with a minimum lower cut-off of 0.5 g/t Au, and maximum 5 metres of consecutive waste defined as < 0.3 g/t Au.

3.

Lengths shown represent core length. True thickness of the mineralized intercepts is expected to be approximately 80% of the core length based on the dominant mineralized quartz vein orientations at Box, however this may vary on an individual sample basis.

4.

Sample locations are provided in NAD83 UTM Zone 12N. Hole azimuths are true north.

2025-2026 Exploration Drilling Program

The assay results from the three drill holes reported herein form part of a broader exploration drilling program initiated in late 2025, comprising approximately 3,250 metres of planned drilling. The program is designed to evaluate opportunities for mineral resource expansion at the Box and Athona deposits, as well as the potential to define new mineral resources at underexplored historical occurrences including Frontier, Golden Pond, and Triangle. All targets are located within two kilometres of past-producing and anticipated future mine infrastructure (Figure 2).

Figure 2: Goldfields Exploration Potential (CNW Group/Fortune Bay Corp.)

Technical Disclosure & Qualified Person

All drilling is being carried out with NQ diameter. Core trays are transported directly from the drill rig to the Company’s logging facility in Uranium City. Sample intervals are selected for assay based on observations of lithology type, presence of quartz veins and sulphides. These intervals are marked up for continuous sampling with one metre sample increments (adjusted where necessary to not cross lithological boundaries). Core is sawn in half along the core axis for sampling, with the remaining half preserved and stored in the core box. Samples are bagged and placed in plastic pails sealed with security tags for export by air freight to Saskatoon (CA).

All sample processing is being carried out by SRC Geoanalytical Laboratories in Saskatoon using their screened metallics sample process method, which includes; (1) crushing and homogenization of the entire sample; (2) split off a representative 1 kg split for analysis; (3) pulverizing the split with 95 % passing 150 mesh; (3) screening the split at 150 mesh; (4) assay the entire +150 mesh fraction; (5) duplicate assay of two 30 g splits of the -150 mesh fraction; and (6) calculation of the weighted average gold content (in g/t) for the entire sample. All assay is carried out by fire assay with a gravimetric finish.

Certified reference blank and standard material is being used by the Company for independent QAQC of assay results. QAQC samples are inserted into assay sample sequences and results are reviewed to assess for any potential laboratory contamination and to verify assay accuracy and precision. A selected suite of samples will also be sent to another laboratory for additional ‘umpire’ assay testing to further verify the results.

Details for the Updated PEA for Goldfields are provided in the technical report titled ‘Goldfields Project Updated NI 43-101 Technical Report & Preliminary Economic Assessment, Saskatchewan, Canada’, dated October 20, 2025, prepared by Kevin Murray, P.Eng.; Scott C. Elfen, P.E.; James Millard, P.Geo.; Jonathan Cooper, P.Eng.; Marc Schulte, P.Eng.; Cliff Revering, P.Eng.; and Ron Uken, Pr.Sci.Nat. for Fortune Bay Corp. The technical report is available under the Company’s issuer profile on SEDAR+ (www.sedarplus.ca) and on the Company’s website at www.fortunebaycorp.com.

The technical and scientific information in this news release has been reviewed and approved by Gareth Garlick P.Geo., Vice-President Technical Services of the Company, who is a Qualified Person as defined by NI 43-101. Mr. Garlick is an employee of Fortune Bay and is not independent of the Company under NI 43‑101.

About Fortune Bay

Fortune Bay Corp. (TSXV:FOR,OTC:FTBYF; FWB:5QN; OTCQB:FTBYF) is a Canadian mineral exploration and development company with assets in Canada and Mexico. The Company’s primary focus is advancing the Goldfields Gold Project in Saskatchewan, Canada. Fortune Bay also holds the Poma Rosa Gold-Copper Project in Chiapas, Mexico, as well as an optioned uranium project portfolio in the Athabasca Basin of Saskatchewan. Fortune Bay continues to evaluate and advance its portfolio in a disciplined manner while maintaining a strong technical foundation and prudent capital management. For more information, please visit www.fortunebaycorp.com or contact info@fortunebaycorp.com.

On behalf of Fortune Bay Corp.

‘Dale Verran’
Chief Executive Officer
902-334-1919

Cautionary Statement

Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management’s current estimates, beliefs, intentions, and expectations. They are not guarantees of future performance. Words such as ‘expects’, ‘aims’, ‘anticipates’, ‘targets’, ‘goals’, ‘projects’, ‘intends’, ‘plans’, ‘believes’, ‘seeks’, ‘estimates’, ‘continues’, ‘may’, variations of such words, and similar expressions and references to future periods, are intended to identify such forward-looking statements, and include, but are not limited to, statements with respect to: the results of the Updated PEA, including future Project opportunities, future operating and capital costs, closure costs, AISC, the projected NPV, IRR, timelines, permit timelines, and the ability to obtain the requisite permits, economics and associated returns of the Project, the technical viability of the Project, the market and future price of and demand for gold, the environmental impact of the Project, and the ongoing ability to work cooperatively with stakeholders, including Indigenous Nations, local Municipalities and local levels of government. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet management’s expectations. Risks, uncertainties and other factors involved with forward- looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking information in this news release includes, but is not limited to, the Company’s objectives, goals or future plans, statements, exploration results, potential mineralization, the estimation of mineral resources, exploration and mine development plans, timing of the commencement of operations and estimates of market conditions. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to failure to identify mineral resources, failure to convert estimated mineral resources to reserves, the inability to complete a feasibility study which recommends a production decision, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, political risks, inability to fulfill the duty to accommodate Indigenous Nations and local Municipalities, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects, capital and operating costs varying significantly from estimates and the other risks involved in the mineral exploration and development industry, and those risks set out in the Company’s public documents filed on SEDAR. 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. For more information on Fortune Bay, readers should refer to Fortune Bay’s website at www.fortunebaycorp.com.

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

Fortune Bay Corp. Logo (CNW Group/Fortune Bay Corp.)

SOURCE Fortune Bay Corp.

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/March2026/03/c6817.html

News Provided by Canada Newswire via QuoteMedia

This post appeared first on investingnews.com

Terra Clean Energy CORP. (‘Terra’ or the ‘Company’) (CSE: TCEC,OTC:TCEFF, OTCQB: TCEFF, FSE: C9O0) announces that it has received the resignation of Alex Klenman as a member of the Board of Directors of the Company effective immediately. The Company thanks Mr. Klenman for his services to the Company and wishes him best wishes for his future endeavors.About Terra Clean Energy Corp.Terra Clean Energy Corp. is a Canadian-based uranium exploration and development company. The Company is currently developing the South Falcon East uranium project, which holds a 6.96M pound inferred uranium resource* within the Fraser Lakes B Deposit, located in the Athabasca Basin region, Saskatchewan, Canada as well as past producing uranium mines in Utah and uranium exploration properties in Wyoming, United States.

ON BEHALF OF THE BOARD OF Terra Clean Energy CORP.

‘Greg Cameron’
Greg Cameron, CEO

Qualified Person

The technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101, reviewed and approved on behalf of the company by C. Trevor Perkins, P.Geo., the Company’s Vice President, Exploration, and a Qualified Person as defined by National Instrument 43-101.

*The historical resource is described in the Technical Report on the South Falcon East Property, filed on sedarplus.ca on February 9, 2023. The Company is not treating the resource as current and has not completed sufficient work to classify the resource as a current mineral resource. While the Company is not treating the historical resource as current, it does believe the work conducted is reliable and the information may be of assistance to readers.

Forward-Looking Information

This news release contains certain statements that may be deemed ‘forward-looking statements’. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words ‘expects’, ‘plans’, ‘anticipates’, ‘believes’, ‘intends’, ‘estimates’, ‘projects’, ‘potential’ and similar expressions, or that events or conditions ‘will’, ‘would’, ‘may’, ‘could’ or ‘should’ occur. Forward-looking statements may include, without limitation, statements relating to the Company’s planned exploration activities on properties and the potential development of mineral resources and mineral reserves which may or may not occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, are subject to risks and uncertainties, and actual results or realities may differ materially from those in the forward-looking statements. Such material risks and uncertainties include, but are not limited to: competition within the industry; actual results of current exploration activities; environmental risks; changes in project parameters as plans continue to be refined; future price of commodities; failure of equipment or processes to operate as anticipated; accidents, and other risks of the mining industry; delays in obtaining approvals or financing; risks related to indebtedness and the service of such indebtedness; as well as those factors, risks and uncertainties identified and reported in the Company’s public filings under the Company’s SEDAR+ profile at www.sedarplus.ca. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements are made as of the date hereof and, accordingly, are subject to change after such date. 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 unless required by law.

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

For further information please contact:

Greg Cameron, CEO
info@tcec.energy
416-277-6174

Terra Clean Energy Corp
1133 Melville Street, Suite 2700
Vancouver, BC V6E 4E5
www.tcec.energy

Primary Logo

News Provided by GlobeNewswire via QuoteMedia

This post appeared first on investingnews.com

President Donald Trump is open to the idea of supporting militia groups in Iran willing to help take out the regime, according to reports. 

The Wall Street Journal reported that Trump has spoken with Kurdish leaders, who have a sizable force along the Iraq-Iran border.

‘President Trump has spoken with many regional partners,’ White House press secretary Karoline Leavitt told the newspaper in a statement, without confirming Trump’s aims.

Trump spoke with two leaders of the main Kurdish factions in Iraq — Masoud Barzani and Bafel Talabani — a day after the Saturday bombing campaign began, Axios first reported. 

Officials told the Journal that Trump hasn’t made a decision on the matter, including what type of help the United States would provide, be it arms, intelligence or other resources. 

Fox News Digital has reached out to the White House. 

Among the approaches being looked at for Iran moving forward are backing militias while weighing different scenarios for who could realistically take power after the country’s leaders fall, the newspaper reported. 

Trump has urged the people of Iran to overthrow the country’s regime as Tehran appears to be weakened following U.S. and Israeli military strikes that have killed several key Iranian leaders and officials.  

‘Most of the people we had in mind are dead,’ he told reporters at the White House. ‘And now we have another group, they may be dead also. Pretty soon we’re not going to know anybody.’

The strikes have fueled speculation that the Kurds could advance into Iran amid Israeli strikes in the western part of the country. 

‘It is the general view, and certainly (Israeli Prime Minister Benjamin) Netanyahu’s view, that the Kurds are going to come out of the woodwork … that they’re going to rise up,’ one official told Axios. 

Related Article

Former TOPGUN pilot declares Iran military
Former TOPGUN pilot declares Iran military ‘over with’ amid US air superiority, but warns of another danger

This post appeared first on FOX NEWS

President Donald Trump argued that whether he carried out strikes against Iran wouldn’t have mattered to congressional Democrats. 

They would have criticized him either way.

Senate Minority Leader Chuck Schumer, D-N.Y., and his caucus immediately ramped up criticism of Trump’s Operation Epic Fury when the Senate returned Monday, and the administration has not yet signaled a clear exit strategy.

Speaking from the Oval Office Tuesday, Trump said Democrats would have criticized any decision he made.

‘If I didn’t do this, guys like Schumer who — losers, the Democrats, losers — guys like Schumer would say, ‘Well, you should have done this,’’ Trump said. ‘In other words, if I did it, it’s no good. If I didn’t do it, they would have said the opposite, that you should have done this.’

Democrats are furious that Trump did not seek approval from Congress to carry out the strikes and are pushing a war powers resolution vote this week to handcuff further use of the military in Iran.

‘Donald Trump has just launched America into a full-scale conflict against one of our most fervent adversaries,’ Schumer said on the Senate floor. ‘Without a plan, without an endgame and without authorization from Congress — or even a debate in full view of the American people.’

The administration argued after a closed-door classified briefing with congressional leaders and high-ranking lawmakers that the strikes were carried out as a preemptive measure.

Secretary of State Marco Rubio told reporters after the briefing, ‘We knew that there was going to be an Israeli action.

‘We knew that that would precipitate an attack against American forces,’ Rubio said. ‘And we knew that if we didn’t preemptively go after them before they launched those attacks, we would suffer higher casualties.’

But Democrats largely aren’t buying the administration’s argument. Sen. Mark Warner, D-Va., the top-ranking Democrat on the Senate Intelligence Committee, contended there wasn’t an imminent threat to the U.S. from Iran.

‘It was a threat to Israel,’ Warner said.

Senate Democrats plan to plow ahead with a war powers vote, likely Wednesday, led by Sen. Tim Kaine, D-Va., and backed by Schumer. Whether they can splinter off enough Republican support, as Kaine did earlier this year with his Venezuela war powers resolution, remains to be seen.

Trump argued that because Iran was ‘a purveyor of terror all over the world,’ Operation Epic Fury was inevitable.

‘It’s something that had to be done,’ Trump said.

Related Article

Trump admin warned lawmakers Israel was
Trump admin warned lawmakers Israel was ‘determined to act with or without us’ before massive Iran strikes

This post appeared first on FOX NEWS

Rep. Nancy Mace, R-S.C., will force a high-profile vote later this week to require the release of sexual harassment reports involving members of Congress.  

Mace said Tuesday that her resolution was drafted in response to recent reports alleging that Rep. Tony Gonzales, R-Texas, sent sexually explicit text messages to a former staffer. Regina Santos-Aviles, the one-time aide, later died by suicide in September 2025.

‘I mean, literally, this girl killed herself in the most heinous way,’ Mace told Fox News Digital when asked if the Gonzales allegations were her motivation for the resolution. ‘She literally lit herself on fire and died, and we’re just going to sit here and say, ‘Let the process play out?’ No.’

Gonzales has denied the affair and suggested he is being blackmailed by the attorney of Santos-Aviles’ husband. 

‘What you have seen is not all the facts, and there’ll be ample time for all of that,’ Gonzales told reporters last week.

Mace’s resolution would specifically require the House Ethics Committee to publicly release all records regarding acts of sexual harassment involving lawmakers or their staffers within 60 days of enactment.

The South Carolina lawmaker said on the House floor that she will deem the resolution ‘privileged,’ meaning House leadership will have two legislative days to vote on the measure. Lawmakers could also vote to table the resolution or refer it to committee, a way to kill legislation before having to weigh the measure itself.

Mace said she expected a vote on the House floor by Thursday but voiced pessimism when asked by Fox News Digital if she thought the resolution would succeed.

‘No, I’m not optimistic about anything, especially when they just hide everything under the rug,’ Mace said. ‘And if you’re an outspoken woman like I am, well, they’re going to come for you.’

Mace is among a group of conservative lawmakers who have called on Gonzales to resign amid allegations he had an affair with his staffer.

Rep. Anna Paulina Luna, R-Fla., has called the allegations ‘really disgusting.’ Rep. Tim Burchett, R-Tenn., told reporters last week that Gonzales ‘needs to go.’

House Speaker Mike Johnson, R-La., has not made any push one way or the other, though he has called the allegations against the Texas lawmaker ‘very serious’ and ‘alarming and detestable.’ The speaker is wrestling with a razor-thin majority and can afford to lose just one defecting GOP lawmaker on party-line legislation.

The Office of Congressional Conduct is expected to send a report on Gonzales to the House ethics panel after the Texas primary elections Tuesday. Under House rules, reports on lawmakers cannot be released within 60 days of an election.

Gonzales is facing a primary challenge from his right flank, social media influencer Brandon Herrera, who is backed by the conservative House Freedom Caucus’ campaign arm. Herrera lost to Gonzales in 2024 by less than 400 votes.

Mace was one of four House Republicans to advocate for the release of files relating to the late convicted sex offender Jeffrey Epstein.

A request for comment to Gonzales’ office was not immediately returned.

Related Article

Jeffries accuses Republicans of ‘voter suppression’ over bill requiring voter ID, proof of citizenship
Jeffries accuses Republicans of ‘voter suppression’ over bill requiring voter ID, proof of citizenship

This post appeared first on FOX NEWS