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Questcorp Mining Inc. (CSE: QQQ,OTC:QQCMF) (OTCQB: QQCMF) (FSE: D910) (the ‘Company’ or ‘Questcorp’) is pleased to announce the commencement of its 2026 induced polarization (‘IP’) survey at its 1,168-hectare North Island Copper Project located near Port Hardy on Vancouver Island, British Columbia.

The 10-15 line-kilometre IP program is being conducted by Peter E. Walcott & Associates Limited (‘Walcott’) of Coquitlam, British Columbia.

The 2026 IP survey is designed to confirm and refine historical geophysical targets associated with the Marisa Zone porphyry copper system and to support the development of follow-up drill targets.

In 1992, two of five diamond drill holes completed to test a 1991 IP chargeability anomaly intersected copper mineralization, including:

  • 0.078% copper over 56.39 metres (DDH92-01)
  • 0.041% copper over 70.71 metres (DDH92-03)

Both intercepts were encountered within altered quartz diorite, with DDH92-03 reporting increasing copper grades at depth.

Source: Geophysical and Diamond Drilling Report on the Marisa Property, G.J. Allen and P.G. Dasler, dated February 29, 1992, prepared for Great Western Gold Corporation.

The current survey lines will follow the historical survey azimuth and will be positioned midway between the 1992 IP lines to enhance data resolution across the target area. Historical and newly acquired datasets will be integrated to generate updated chargeability and resistivity elevation models, as well as pseudosection interpretations. The objective is to improve subsurface targeting precision ahead of a potential drill program.

‘The North Island Copper Project represents a compelling porphyry copper target with demonstrated historical mineralization,’ stated Saf Dhillon, President & Chief Executive Officer. ‘This IP program is a disciplined step toward refining our geological model and advancing toward drill-ready targets. With our recent financings completed, the Company is well positioned to execute its planned exploration programs while maintaining a prudent approach to capital deployment.’

The Company cautions that a Qualified Person has not verified the historical exploration data referenced in this release. The presence of mineralization on adjacent or nearby properties, including NorthIsle Copper and Gold and BHP properties, is not necessarily indicative of mineralization on the North Island Copper Project.

The technical content of this news release has been reviewed and approved by R. Tim Henneberry, P. Geo (BC), a Director of the Company and a Qualified Person under National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

About Questcorp Mining Inc.

Questcorp is engaged in the business of the acquisition and exploration of mineral properties in North America, with the objective of locating and developing economic precious and base metal properties of merit. The Company holds an option to acquire an undivided 100-per-cent interest in and to mineral claims totalling 1,168.09 hectares comprising the North Island Copper property, on Vancouver Island, B.C., subject to a royalty obligation. The Company also holds an option to acquire an undivided 100-per-cent interest in and to mineral claims totalling 2,520.2 hectares comprising the La Union project located in Sonora, Mexico, subject to a royalty obligation.

ON BEHALF OF THE BOARD OF DIRECTORS,

Saf Dhillon
President & CEO

Questcorp Mining Corp.
saf@questcorpmining.ca
Tel. (604-484-3031)
Suite 550, 800 West Pender Street
Vancouver, British Columbia
V6C 2V6

https://questcorpmining.ca

This news release includes certain ‘forward-looking statements’ under applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements with respect to the intended use of proceeds from the Offering; and closing of subsequent tranches of the Offering. 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, uncertain capital markets; and delay or failure to receive board or regulatory approvals. There can be no assurance that such forward-looking 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 forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

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

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/285467

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Sankamap Metals Inc. (CSE: SCU), a mineral exploration company focused on high-potential gold and copper assets in the Solomon Islands, is pleased to announce its participation in the upcoming Prospectors & Developers Association of Canada (‘PDAC’) Convention in Toronto.

PDAC 2026 will mark one of Sankamap’s first major international investor events, providing an opportunity to introduce the Company’s portfolio and near-term exploration strategy to a global audience. Sankamap is advancing a district-scale land package in the Solomon Islands, an emerging and highly prospective jurisdiction with significant potential for gold and copper discoveries.

The Company is currently preparing for an upcoming drill program on the Kuma Property, focused on defining high-grade targets and advancing priority zones toward discovery. At PDAC, Sankamap will highlight its exploration plans, including drill targeting, timelines, and key catalysts for 2026.

PDAC Convention | March 1-4, 2026
The PDAC Convention is the world’s premier mineral exploration and mining event, bringing together industry leaders, investors, and stakeholders from across the globe. The convention represents a key platform for companies to showcase projects, share technical advancements, and connect with the investment community.

Sankamap Metals will be exhibit at booth 2807 and welcomes investors and industry participants to visit the team learn more about its Solomon Islands portfolio and upcoming catalysts.

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 Mine¹

1Lihir

Proven and Probable: 23 Moz Au; 310 Mt at 2.3 g/t Au
Indicated: 520 Mt containing 39 Moz Au at 2.3 g/t Au
Measured: 81 Mt containing 5 Moz Au at 1.9 g/t Au
Inferred: 61 Mt containing 4.9 Moz Au at 2.3 g/t Au

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 Au2; 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 Au3. Complementing these results are exceptional grab sample assays, including historical values of up to 173 g/t Au3, along with recent sampling by Sankamap which returned numerous high-grade copper values, reaching up to 4.09% Cu, and up to 116 g/t Au . In addition, limited historical shallow drilling intersected 35.0 meters at 2.08 g/t Au3, 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. Historical grab, soil and BLEG samples from SolGold Kuma Review June 2015, and SolGold plc Annual Report 2013/2012

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

Contact Information

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

Krystle Adair, VP Exploration
T: (778) 558-3635
E: krystlea@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 and information contained herein are based on certain factors and assumptions regarding, among other things, the estimation of mineral resources and reserves, the realization of resource and reserve estimates, metal prices, taxation, the estimation, timing and amount of future exploration and development, capital and operating costs, the availability of financing, the receipt of regulatory approvals, environmental risks, title disputes and other matters. While the Company considers its assumptions to be reasonable as of the date hereof, forward-looking statements and information are not guarantees of future performance and readers should not place undue importance on such statements as actual events and results may differ materially from those described herein. The Company does not undertake to update any forward-looking statements or information except as may be required by applicable securities laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/285369

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The top Senate Republican said the congressional Democrats’ actions during President Donald Trump’s State of the Union showed a jarring disconnect from reality.

As Trump moved through his record-breaking speech, pointing out Olympians, war heroes and others, congressional Democrats largely sat still, refusing to stand. Senate Majority Leader John Thune, R-S.D., contended it was the manifestation of the political divide in Congress.

‘I was, like, watching two Americas,’ Thune said.

Trump challenged congressional Democrats to get out of their seats during the speech, catching them flat-footed in a request that came roughly through the midway mark of his address.

‘I’m inviting every legislator to join with my administration in reaffirming a fundamental principle,’ Trump said. ‘If you agree with this statement, then stand up and show your support: The first duty of the American government is to protect American citizens, not illegal aliens.’

At that moment, like several others throughout the night, Democrats didn’t budge.

‘And clearly, I think you saw in the chamber us as Republicans expressing support,’ Thune said. ‘That contrast, when he asked the question and asked people to stand up and every Democrat was seated, I don’t know how you explain that. We are living, literally, in two Americas.’

Several congressional Democrats opted to skip the speech altogether, either attending counter-programming events in Washington, D.C., or watching from afar.

Some who did attend opted to act disruptively during the State of the Union, like Rep. Al Green, D-Texas, who was escorted out of the chamber for the second year in a row — this time for flashing a sign that read ‘Black people aren’t apes’ — or Reps. Rashida Tlaib, D-Mich., and Ilhan Omar, D-Minn., who shouted insults and rebuttals to Trump as he continued through the night.

Senate Minority Leader Chuck Schumer, D-N.Y., showed up and blasted Trump’s address the next morning.

‘Last night was not America’s State of the Union,’ Schumer said on the Senate floor. ‘It was Donald Trump’s state of delusion. For two long hours, the president stood in the House chamber congratulating himself, inflating his own ego, but offering no solutions to our country’s many problems. He’s in a bubble.’

Thune contended that Democrats’ actions were indicative of their policy positions and charged that what Americans saw was ‘a party that is for open borders, a party that’s for sanctuary cities, a party that is basically the pro-defund law enforcement.’

‘The way the Democrats were reacting to what the president had to say — whoever the president is, Democrat or Republican — you ought to have people who want to do what’s in the best interest of the American people,’ Thune said. ‘And I hope there are still some Democrats around who want to do that.’

Related Article

House GOP moves to censure Dem who disrupted Trump address for 2nd straight year
House GOP moves to censure Dem who disrupted Trump address for 2nd straight year

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White House Chief of Staff Susie Wiles was reportedly in shock after hearing that the FBI under former President Joe Biden subpoenaed her and current FBI Director Kash Patel’s phone records in 2022 and 2023.

Wiles — who ran President Donald Trump’s 2024 campaign — reportedly told associates, ‘I am in shock,’ Axios reported on Thursday.

Reuters first disclosed the subpoenas, which were issued during the Biden administration, while special counsel Jack Smith was investigating Trump’s efforts to overturn the 2020 election and his handling of classified documents at Mar-a-Lago.

The subpoenaed toll records included phone numbers and the dates and times of calls, but not the content of the conversations, Fox News has learned.

Smith eventually charged Trump in 2023 with multiple felony offenses related to alleged efforts to challenge the results of the 2020 election and his handling of documents. The election interference case was later dismissed by a federal judge after Smith moved to drop it following Trump’s reelection. Smith also dropped the Justice Department’s appeal of a separate ruling that dismissed the classified documents case. Trump has denied any wrongdoing in both matters.

In 2023, the FBI recorded a phone call between Wiles and her attorney, two FBI officials told Fox News. Additionally, the officials said that Wiles’ attorney was aware that the call was being recorded and consented, but the now-White-House-chief-of-staff did not.

‘It is outrageous and deeply alarming that the previous FBI leadership secretly subpoenaed my own phone records — along with those of now White House Chief of Staff Susie Wiles — using flimsy pretexts and burying the entire process in prohibited case files designed to evade all oversight,’ Patel, the current FBI director, told Fox News on Wednesday.

Patel has said that he recently ended the FBI’s ability to categorize files as ‘Prohibited.’

At least 10 FBI employees were also fired Wednesday, Fox News was told. Names were not given due to privacy reasons. 

Eric Daugherty, assistant Chief Content Officer for RightLine, an offshoot of Florida’s Voice, applauded the firings, telling Patel to ‘keep purging.’ Additionally, conservative influencer Nick Sortor wrote on X that ‘The amount of ROT in the FBI is INSANE.’

The FBI Agents Association (FBIAA) later issued a scathing statement criticizing the firings.

‘The FBIAA condemns today’s unlawful termination of FBI Special Agents, which — like other firings by Director Patel — violates the due process rights of those who risk their lives to protect our country,’ the organization said in a statement. ‘These actions weaken the Bureau by stripping away critical expertise and destabilizing the workforce, undermining trust in leadership and jeopardizing the Bureau’s ability to meet its recruitment goals — ultimately putting the nation at greater risk.’

Related Article

Biden
Biden’s FBI subpoenaed Kash Patel’s and Susie Wiles’ phone records during federal Trump investigation

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Trading resumes in:

Company: Lithium Africa Corp.

TSX-Venture Symbol: LAF

All Issues: Yes

Resumption (ET): 8:00 AM

CIRO can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

SOURCE Canadian Investment Regulatory Organization (CIRO) – Halts/Resumptions

Cision View original content: http://www.newswire.ca/en/releases/archive/February2026/26/c5919.html

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Rio Silver Inc. (‘Rio Silver’ or the ‘Company’) (TSX-V: RYO | OTC: RYOOF) is pleased to announce that it has received permission from the local community to commence planned site activities at its Maria Norte Project in Peru. The agreement allows the Company to begin establishing the necessary infrastructure to efficiently start exploration and development of the Maria Norte Property.

The agreement follows ongoing dialogue and participation from local residents and community leadership. With this initial agreement, the Company will continue to work with the local community and the broader Huachocolpa community to enter into a formal definitive agreement for the long-term use of the area for both exploration and mining activities. Rio Silver may now proceed with planned access preparation and related technical initiatives in alignment with the community’s support.

Huachocolpa: A Community Built on Mining Heritage

The Huachocolpa District has long been recognized as a region rooted in mineral development, with a proud legacy of resource extraction. Compañia de Minas Buenaventura (‘Buenaventura’), Peru’s historic mining company, initially commenced operations in this district in the 1950s. Buenaventura has, for decades in this district, provided employment, technical training, and opportunity for generations.

The district is home to a significant Canadian presence, including neighboring operations led by Silver X Mining Corp. and Endeavour Silver Corp., among others operating regionally. Canadian-led companies in Peru have historically operated under rigorous environmental, social, and governance standards, supported by strong capital markets and disciplined regulatory frameworks. Rio Silver is committed to upholding those same principles of transparency, accountability, and long-term partnership.

Management Commentary

‘We are extremely grateful for the active and thoughtful participation demonstrated by the surrounding community,’ said Chris Verrico, President and Chief Executive Officer of Rio Silver. ‘The response from our host neighbors reflects strong leadership, solid intentions, and a shared commitment to ensuring development proceeds in a manner that benefits all stakeholders.’

‘Huachocolpa is a community shaped by mining expertise and integrity. We recognize that the opportunity to advance Maria Norte comes with responsibility. We are honored to build upon the legacy established by those who developed this region before us, and we are committed to maintaining open dialogue, respecting local values, and working collaboratively as we move forward. With this initial step achieved, we are excited to continue working with all stakeholders to enter into a definitive agreement in 2026. The future for the project and for our partnership with the community is truly exciting.’

Immediate Next Steps

With formal authorization confirmed, the Company intends to:

  • Mobilize personnel to initiate planned site activities
  • Advance access and portal preparation work, including camp construction
  • Advance mineral process optimization (metallurgical) programs
  • Conduct systematic surface mapping and technical field programs

These activities are structured to ensure steady advancement while maintaining continued engagement and cooperation with local stakeholders.

Metallurgical Program Advancing to Support Silver Recovery Optimization

The Company also confirms that its previously announced metallurgical program to de-risk processing and optimize silver recoveries at Maria Norte remains actively underway. This technical work is focused on validating processing assumptions, refining the proposed flow sheet design, and supporting the Company’s staged development strategy. Upon receipt and review of the metallurgical results, Rio Silver intends to provide a comprehensive update to the market.

Further details regarding the metallurgical program are available in the Company’s prior release titled ‘Rio Silver Launches Metallurgical Program to De-Risk Processing and Optimize Silver Recoveries at Maria Norte,’ which can be accessed at:

https://riosilverinc.com/rio-silver-launches-metallurgical-program-to-de-risk-processing-and-optimize-silver-recoveries-at-maria-norte/

Why This Matters to Investors

Community support is fundamental to responsible project advancement. A formal authorization is expected to follow from a duly convened assembly, which will provide further clarity and alignment as Rio Silver advances its silver-dominant Maria Norte Project. With the support of the local community, the Company may now proceed with planned on-site initiatives in a coordinated manner, reinforcing its commitment to long-term stakeholder value.

About Rio Silver Inc.

Rio Silver Inc. (TSX-V: RYO | OTC: RYOOF) is a Canadian resource company advancing high-grade, silver-dominant assets in Peru, the world’s second-largest silver producer. The Company is focused on near-term development opportunities within proven mineral belts and is supported by a seasoned technical and operational team with deep experience in Peruvian geology, underground mining, and district-scale exploration. With a clear development strategy and a growing portfolio of highly prospective silver assets, Rio Silver is establishing the foundation to become one of Peru’s next emerging silver producers.

Learn more at www.riosilverinc.com

Stay Connected with Rio Silver
Investors and stakeholders are encouraged to follow Rio Silver for the latest company updates, project milestones, and event announcements across the Company’s official social media channels:

    By following Rio Silver’s official channels, investors can stay informed as the Company advances its silver-dominant projects and executes on key development milestones.

    ON BEHALF OF Rio Silver INC.

    Chris Verrico
    Director, President and Chief Executive Officer

    To learn more or engage directly with the Company, please contact:
    Christopher Verrico, President and CEO
    Tel: (604) 762-4448
    Email: chris.verrico@riosilverinc.com
    Website: www.riosilverinc.com

    Cautionary Note Regarding Forward-Looking Information

    This news release contains ‘forward-looking statements’ within the meaning of applicable Canadian securities laws. Forward-looking statements include, but are not limited to, statements regarding anticipated development activities, underground access timing, permitting progress, community engagement, processing strategies, and the Company’s ability to advance toward potential production and cash flow. Forward-looking statements are subject to known and unknown risks and uncertainties that may cause actual results to differ materially. Readers are cautioned not to place undue reliance on forward-looking statements. Rio Silver undertakes no obligation to update such statements except as required by law.

    Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

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    (TheNewswire)

    Vancouver, British Columbia, February 26, 2026 TheNewswire – FinEx Metals Ltd. (TSX-V: FINX) (‘FinEx’ or the ‘Company’) is pleased to announce that it proposes to undertake a non-brokered private placement (the ‘Offering’) to raise gross proceeds of up to $1,500,000 through the sale of up to 12,500,000 units (each, a ‘Unit’) of the Company at a price of $0.12 per Unit.  Each Unit will comprise of one common share and one-half of a share purchase warrant, with each whole warrant exercisable into one further common share at a price of $0.18 for a term of 24 months.  All securities issued will be subject to a statutory hold period of four months and one day.

    The proceeds from the Offering will be used for exploration activities on the Company’s 100% owned projects in Finland and for general working capital.

    Finder’s fees may be paid in connection with the Offering in accordance with the policies of the TSX Venture Exchange (the ‘TSXV’). The Offering is subject to the approval of the TSXV.

    Directors and officers of the Company may acquire securities under the Offering, which will be considered a ‘related party transaction’ as defined under Multilateral Instrument 61-101 (‘MI 61 101’). Such participation is expected to be exempt from the formal valuation and minority shareholder approval requirements of MI 61-101.  

    The offered securities have not been, nor will they be, registered under the United States Securities Act of 1933, as amended (the ‘Securities Act’) or any state securities laws and may not be offered or sold to, or for the account or benefit of, any person in the United States or any ‘U.S person’, as such term is defined in Regulation S under the Securities Act, absent registration or an applicable exemption from registration requirements.  Offers and sales in the United States will be limited to institutional accredited investors and qualified institutional buyers.  This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful.

    About FinEx Metals Ltd.

    FinEx Metals Ltd. (TSX-V: FINX) is a gold, nickel and PGE-focused mineral exploration company advancing a portfolio of 100%-owned, royalty-free projects in northern Finland, strategically located in the Central Lapland Greenstone Belt and Eastern Lapland Greenstone Belt. FinEx’s projects are near existing mining operations and benefit from strong infrastructure, a stable jurisdiction, and a proven exploration model, supporting multiple targets with clear discovery potential in one of Europe’s most prospective and underexplored regions. For more information, please visit the Company’s website at www.finexmetals.net.

     

    FinEx Metals is part of the NewQuest Capital Group, a discovery-driven investment group that builds value through the incubation and financing of mineral projects and companies. Further information about NewQuest can be found on the company website at www.nqcapitalgroup.com.

      

    On Behalf of the Board of Directors

    Tero Kosonen

    Chairman and Chief Executive Officer

    +1 (604) 681-9100

    tero@finexmetals.net

    For further information, please contact:

    Brennan Zerb

    Investor Relations Manager

    +1 (778) 867-5016

    bzerb@nqcapitalgroup.com

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

    Forward-Looking Statements:

    This news release includes certain forward-looking statements and forward-looking information (together, ‘forward-looking statements’). All statements other than statements of historical fact included in this release, including, without limitation, statements regarding the offering, the use of proceeds from the Offering, other future plans and objectives of the Company are forward-looking statements. There can be no assurance that such statements will prove to be accurate and actual results and future events may vary from those anticipated in such statements. Important risk factors that could cause actual results to differ materially from the Company’s plans or expectations include failure to obtain TSXV acceptance of the Offering, inability to use of proceeds from the Offering as expected, failure to raise sufficient funds on the proposed terms or at all, and risks associated with mineral exploration, including the risk that actual results and timing of exploration and development will be different from those expected by management. The forward-looking statements in this news release were developed based on the assumptions and expectations of management, including that TSXV acceptance for the Offering will be obtained, the Company will be able to use the proceeds from the Offering as anticipated, required fundraising will be completed, as well as the other assumptions disclosed in this news release and that the risks described above will not materialize. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as otherwise required by applicable securities legislation.

    Readers are cautioned not to place undue reliance on forward-looking statements. The Company undertakes no obligation to update any of the forward-looking statements, except as otherwise required by law.

      

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

    Copyright (c) 2026 TheNewswire – All rights reserved.

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    A Senate Democrat is demanding that the Trump administration refund billions in tariff revenue to Americans following last week’s Supreme Court decision, according to a letter first obtained by Fox News Digital.

    Sen. Ruben Gallego, D-Ariz., wrote in a letter to President Donald Trump charging that he was concerned over the White House’s ‘lack of action’ to issue refunds to families and small businesses impacted by tariffs.

    His appeal to the president comes after the Supreme Court ruled in a 6-3 decision last week that Trump’s use of the International Emergency Economic Powers Act (IEEPA), the law undergirding his sweeping duties, ‘does not authorize the President to impose tariffs.’

    ‘The invalidation of these IEEPA tariffs is a chance to make American families and small businesses whole — not to retain unlawfully collected funds or enable additional corporate profit,’ Gallego wrote.

    Gallego’s letter comes as Congress wrestles with its next move on tariffs and as Trump has vowed to sidestep lawmakers in his quest to continue levying duties on other countries.

    Some Republicans want to see Trump’s tariffs considered through budget reconciliation — the same party-line move used to pass his ‘big, beautiful bill’ last year — to meet the deliberative parameters established in the court’s decision.

    Others think Trump doesn’t need to come to Congress. The president already moved to reinstate 10% tariffs that are set to last for 150 days and will require lawmakers to weigh in on continuing them.

    Several congressional Democrats want to see the administration tender full refunds from the billions raked in under Trump’s tariffs — 25 Senate Democrats back a newly introduced bill led by Sen. Ron Wyden, D-Ore., to refund all duties with interest.

    And Gallego specifically wants guardrails to ensure that money ends up in the hands of families and small businesses.

    ‘Absent action from this administration, over $100 billion in tariff revenue collected under those unlawful tariffs will not make it into the hands of American families and small businesses but instead will remain either in government coffers or in corporate accounts,’ Gallego wrote.

    Since the start of the current fiscal year in October, Trump’s IEEPA tariffs are estimated to have generated roughly $155 billion, according to data from the Treasury Department.

    He also raised concerns about large corporations taking advantage of the ‘chaotic and expansive nature of the IEEPA tariffs’ to crank up prices on products in response to the duties.

    Gallego included several requests of the administration in his letter to be met no later than March 4, including whether the administration will issue tariff refunds, who will be eligible, how much revenue has been collected as of Feb. 20 and whether corporations will be required to disclose tariff costs passed on to consumers, among several others.

    He also warned that corporations, armed with the financial firepower to hire ‘high-priced lawyers and lobbyists,’ would have a leg up on Americans without the same means.

    ‘Without your administration providing a structured process to determine how refunds should be distributed, American families and small businesses will once again be left behind,’ Gallego wrote.

    Related Article

    Democrats cheer Supreme Court move blocking Trump tariffs — despite past support for trade duties
    Democrats cheer Supreme Court move blocking Trump tariffs — despite past support for trade duties

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    Oman’s foreign minister met Thursday in Geneva with President Donald Trump’s envoy Steve Witkoff and son-in-law Jared Kushner, as efforts intensify to reach a new agreement over Iran’s nuclear program.

    The minister, Sayyid Badr bin Hamad Al Busaidi, said the talks focused on Tehran’s proposals and perspectives, as well as questions and responses from the U.S. negotiating team regarding key aspects of Iran’s nuclear program and the guarantees required for a potential agreement.

    ‘His Excellency the Minister of Foreign Affairs clarified that the efforts are continuing intensively and in a constructive spirit, under the negotiators’ unprecedented openness to new and creative ideas and solutions, while preparing the supportive conditions for progress and reaching a fair agreement with sustainable guarantees,’ the ministry said in a post on X.

    The closely watched meeting comes amid heightened regional tensions and a visible U.S. military buildup in the Middle East, including the repositioning of naval assets and additional air defense capabilities.

    The USS Abraham Lincoln aircraft carrier and multiple guided-missile destroyers are operating in the Arabian Sea, as well as additional destroyers stationed in the Mediterranean and Red Seas.

    Several combat ships are also positioned in the Persian Gulf near Iran’s southern coastline.

    U.S. Secretary of State Marco Rubio told reporters on Wednesday that while Trump prefers a diplomatic solution, Washington views Iran as a ‘grave threat’ and remains deeply concerned about both its nuclear ambitions and expanding missile arsenal.

    He said the talks in Geneva would be ‘largely focused on the nuclear program’ but warned that Tehran’s refusal to discuss its ballistic missiles poses a major obstacle.

    ‘Iran possesses a very large number of ballistic missiles, particularly short-range ballistic missiles that threaten the United States and our bases in the region and our partners in the region, and all of our bases in the UAE, in Qatar, in Bahrain,’ he explained. ‘I want everybody to understand that, and beyond just the nuclear program, they possess these conventional weapons that are solely designed to attack America and attack Americans, if they so choose to do so. These things have to be addressed.’

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    President Donald Trump has drawn his line. Now the clock is running.

    After publicly giving Iran roughly 10 days to 15 days to reach a nuclear agreement, Trump used his State of the Union address to make clear the deadline is backed by force. 

    ‘I will never allow the world’s number one sponsor of terror … to have a nuclear weapon,’ he told lawmakers Tuesday night.

    The president first outlined the short timeline Feb. 19, saying the world would know within ‘probably 10 days’ whether Tehran was prepared to strike what he called a meaningful deal. 

    ‘I would think that would be enough time — 10, 15 days, pretty much maximum,’ Trump said, warning that absent an agreement, ‘it’s going to be unfortunate for them.’

    On Tuesday, he reinforced the pressure from the House chamber, telling Congress negotiations are underway, but Iran has not met his core condition. 

    ‘We are in negotiations with them,’ Trump said. ‘They want to make a deal, but we haven’t heard those secret words: ‘We will never have a nuclear weapon.”

    He also pointed back to the 2025 U.S. strike on Iranian nuclear infrastructure, describing Operation Midnight Hammer as having ‘obliterated Iran’s nuclear weapons program.’ 

    After that operation, he said, Tehran was warned ‘to make no future attempts to rebuild its weapons program,’ adding that Iran is now ‘starting it all over again.’

    The combination of a defined diplomatic window and a public reminder of U.S. military action marks a sharper phase in the standoff, as talks in Geneva unfold under mounting pressure.

    Trump has not detailed what specific action would follow if Iran refuses his terms. But he told reporters in mid-February that if a meaningful agreement does not materialize, ‘bad things will happen,’ and acknowledged he is considering further steps.

    With the State of the Union complete and the president’s timeline already in motion, the coming days are likely to determine whether the administration secures a nuclear concession — or shifts toward a more confrontational path in the Middle East.

    The diplomatic ultimatum is underscored by the largest assembly of U.S. naval power in the Middle East since the 2003 invasion of Iraq. 

    The world’s most advanced aircraft carrier, the USS Gerald R. Ford, arrived at Souda Bay, Crete, Monday. The Ford joined the USS Abraham Lincoln, which has been conducting 24-hour flight operations in the Arabian Sea since late January.

    Between the two strike groups, the U.S. now commands a fleet of 14 major warships, including nine Arleigh Burke-class destroyers armed with Tomahawk cruise missiles.

    Meanwhile 12 U.S. F-22 Raptor stealth fighters touched down at Ovda Airbase in southern Israel. 

    As national security analyst Joe Funderburke noted in the Small Wars Journal, ‘The F-22 is not a simple show-of-force aircraft. It is designed to suppress enemy air defenses and protect penetrating strike platforms like the B-2 Spirit bomber, the same combination used to devastate Iran’s deeply buried nuclear facilities at Fordow and Natanz nine months ago.’

    The president’s reminder of Operation Midnight Hammer — which utilized B-2 bombers to drop 30,000-pound ‘bunker buster’ munitions — serves as the tactical blueprint for what follows the current deadline. 

    While the 2025 operation was a ‘surgical’ surprise strike, the current buildup suggests a far broader mission set, potentially due to Iran’s threat of an aggressive response. 

    Iran’s response to Operation Midnight Hammer was measured and the U.S. had warning. This time, Iran has vowed a more forceful response and says any U.S. troops operating in the Middle East could be open targets. 

    Amid his sharper diplomatic timeline, Trump also asserted that Iranian authorities had killed some 32,000 protesters in weeks of demonstrations that began in early January — a number far above independent estimates and Tehran’s own death toll. 

    ‘Just over the last couple of months with the protests, they’ve killed at least, it looks like, 32,000 protesters — 32,000 protesters in their own country,’ the president said. ‘They shot them and hung them.’ 

    Administration officials have signaled that any agreement would require Iran to halt all uranium enrichment and provide verifiable guarantees that its program cannot be reconstituted — terms Iran repeatedly has objected to.

    Both Washington and Iran appear to believe the other is bluffing. 

    Trump has framed the timeline as a final opportunity for diplomacy backed by overwhelming force. Iranian leaders, meanwhile, have publicly dismissed U.S. threats and warned that any strike would trigger retaliation against American forces and regional allies.

    Still, U.S. negotiators will meet with Iranian envoys once again in Geneva Thursday.

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