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Strategic Integration of Generative AI ‘Semantic Memory’ via OpenAI and Pinecone Vector Database Supports Rapid Expansion of Corporate Engagement Platforms

TORONTO, ON / ACCESS Newswire / January 20, 2026 / Nextech3D.ai (OTCQB:NEXCF)(CSE:NTAR,OTC:NEXCF)(FSE:1SS), a leader in AI-powered event and spatial computing solutions, is pleased to announce it has successfully scaled its KraftyLab in-person footprint to 35 major metropolitan hubs across the United States from just 20. This expansion represents a significant increase in the Company’s physical service capacity to support a growing roster of Fortune 500 clients. Nextech3D.ai continues to target a 90% gross margin profile for its 2026 fiscal year, although there is no assurance that we can hit that goal.

The ‘New 58’: A Diversified Corporate Inventory

To coincide with the geographic expansion, the Company has officially onboarded 58 new premium offerings to its unified experience platform. These new experiences are designed to meet the evolving Q1 2026 demands of decentralized enterprise teams, including Wellness & High-Energy Fitness, Professional Development, Connoisseur & Culinary Suites.

Technological Moat: The ‘Semantic Event Brain’

This national expansion is supported by the Company’s newly developing AI architecture, which integrates OpenAI‘s Large Language Models (LLMs) with the Pinecone Vector Database. This ‘Semantic Memory’ allows Nextech3D.ai’s platforms to provide context-aware, autonomous assistance. By utilizing Pinecone’s high-performance vector storage, the Company’s AI concierge can now execute complex logistics – via natural language processing across its events.

Evan Gappelberg, CEO of Nextech3D.ai comments, ‘We are seeing a big flight to quality and have had specific conversations and requests from existing large enterprise customers like Oracle for in-person events. By expanding our physical footprint to 35 cities, we are providing the local ‘last-mile’ delivery that global brands require for their hybrid workforces. This expansion serves as the physical hardware for our evolving AI-driven Operating System. He continues ‘A critical component of this OS is our recent BitPay integration, which allows for seamless, borderless transactions within our ecosystem. By merging AI-driven management with decentralized payment rails, we are building one of the first truly modern infrastructures for the global economy. The market is responding – we are currently celebrating a series of significant client wins as organizations realize that true efficiency requires this specific blend of high-tech financial tools and high-touch local presence.’

Strategic Rationale and Margin Profile

The move to 35 cities and the launch of 58 new offerings align with the Company’s focus on high-margin, asset-light scalability. By maintaining a software-first approach and utilizing AI to automate event logistics, Nextech3D.ai continues to target a 90% gross margin profile for its 2026 fiscal year, although there is no assurance that we can hit that goal.

About Nextech3D.ai

Nextech3D.ai is an AI-first technology company specializing in live event solutions, 3D modeling, and spatial computing. Through its flagship Map D, Eventdex, and KraftyLab platforms, the company provides interactive floor plans, registration, ticketing, and blockchain-enabled credentialing for large Fortune 500 organizations worldwide including Google, Oracle, Microsoft, Netflix and others.

Website: www.Nextech3D.ai

Investor Relations: investors@nextechar.com

For more information, visit Nextech3D.ai.

Sign up for Investor News and Info – Click Here

Evan Gappelberg /CEO and Director
866-ARITIZE (274-8493)

Forward-Looking Statements

Forward-looking Statements The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. Certain information contained herein may constitute ‘forward-looking information’ under Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as, ‘will be’ or variations of such words and phrases or statements that certain actions, events or results ‘will’ occur. Forward-looking statements regarding the completion of the transaction are subject to known and unknown risks, uncertainties and other factors. There can be no assurance that such statements will prove to be accurate, as future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Nextech will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws.

SOURCE: Nextech3D.ai

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Cartier Resources Inc. (″ Cartier ″ or the ″ Company ″) (TSXV: ECR,OTC:ECRFF; FSE: 6CA) is pleased to announce the sixth batch of results from Main Sector from the 100,000-m drilling program (2 drill rigs) on its 100%-owned Cadillac Project, located in Val-d’Or (Abitibi, Quebec).

Strategic Highlights from Main Sector

Drill Hole Results (Figures 1 to 4)
5B3/5C3 Zones

  • CA25-300 intersected 29.6 g/t Au over 1.7 m including 54.3 g/t Au over 0.9 m (5B3 Zone).
  • CA25-303 graded 13.2 g/t Au over 1.0 m (5C3 Zone).
  • CA25-301 intersected 2.7 g/t Au over 5.0 m including 8.0 g/t Au over 1.0 m (5C3 Zone).

5B4 Zone

  • CA25-295 intersected 4.9 g/t Au over 3.1 m.
  • CA25-292A graded 3.1 g/t Au over 4.0 m.
  • CA25-296 intersected 2.3 g/t Au over 8.0 m.

Significance for Investors

  • Holes CA25-300, 301 and 303 identified two new high-grade gold zones (5B3 & 5C3), demonstrating strong potential for depth expansion and meaningful cost reductions. These new discoveries are strategically located midway between Chimo Deposit (683,300 ounces in measured and indicated resources and 904,000 ounces inferred resources) and East Chimo Deposit (1,400 ounces indicated resources and 464,700 ounces inferred resources), supporting more efficient mine planning and development.
  • Holes CA25-292A, 295, and 296 confirmed 5B4 Zone (East Chimo Deposit) extends to surface, opening the door to more flexible operating scenarios and further improving the project economics. This gold zone is now continuous from surface to 1,300 m and still open at depth, signaling significant upside potential for resources growth.

Next Steps

  • Additional drilling is required on the new 5B3/5C3 Zones to expand gold mineralization at depth, which hosts the same style of mineralization than Chimo and East Chimo deposits.
  • Further exploration drilling is already planned to test several new high-priority regional targets at Main Sector, backed by detailed structural and geological modelling and VRIFY’s artificial intelligence (AI) driven targeting, reinforcing the potential for additional gold discoveries.

‘ These new high-grade discoveries between the Chimo and East Chimo deposits demonstrates the continuity of mineralization in this area and reinforces our confidence in the project’s growth potential. Confirming near-surface mineralization positions us to advance Cadillac with greater flexibility and improved capital efficiency. ‘ – Philippe Cloutier, President and CEO of Cartier.

These results are very encouraging and mark an important step forward. Drilling has now shifted west of the historical shaft, a largely underexplored area known to host multiple gold occurrences. As we continue to advance the drill program, we see strong potential for resource expansion in the western portion of the Main sector, which could add significantly value to the overall project. ‘ – Ronan Deroff, Vice President Exploration of Cartier.

Table 1: Drill hole best assay results from Main Sector

Hole Number From (m) To (m) Core Length** (m) Au (g/t) Uncut Vertical Depth (m) Zone
CA25-292A 65.0 69.0 4.0 3.1 ≈50 5B4
CA25-295 85.7 88.8 3.1 4.9 ≈75 5B4
CA25-296 78.0 86.0 8.0 2.3 ≈65 5B4
CA25-300 193.3 195.0 1.7 29.6 ≈150 5B3
Including 193.3 194.2 0.9 54.3
CA25-301 275.0 280.0 5.0 2.7 ≈235 5C3
Including 275.0 276.0 1.0 8.0
CA25-303 224.0 227.0 3.0 2.5 ≈170 5B3
And 241.0 242.0 1.0 13.2 ≈185 5C3

* Occurrences of visible gold (VG) have been noted in the drill core at various intervals. ** Based on the observed intercept angles within the drill core, true thicknesses are estimated to represent approximately 65-85% of the reported core length intervals.

Figure 1: Location of the new drill results (regional plan view)

Location of the new drill results (regional plan view)

Figure 2: Location of the new drill results (regional longitudinal section)

Location of the new drill results (regional longitudinal section)

Figure 3: Plan view, cross and long sections of the Main Sector

Plan view, cross and long sections of the Main Sector

Figure 4: Photos of the drill core from holes CA25-295 and CA25-300

Photos of the drill core from holes CA25-295 and CA25-300

Main Sector

The Main Sector is a highly prospective area featuring several newly defined high-priority drill targets and gold deposits including Chimo, East Chimo and West Nordeau with measured and indicated resources of 736,600 ounces (9.4 million tonnes at 2.4 g/t Au) and inferred resources of 2,036,800 ounces (29.1 million tonnes at 2.2 g/t Au). In addition, two new high-grade gold zones were discovered during Cartier’s latest drilling campaigns, including the VG9 and VG10 zones.

The three deposits lie along an east-west trending, sheared corridor (Cadillac Fault Zone) and occur at the contact between the hanging wall turbiditic sedimentary rocks (wacke-mudrock), locally conglomerates and iron formations of Cadillac Group and the footwall mafic volcanics (basalt) of Piché Group. This lithological contact is a favorable horizon for hydrothermal fluid flow, likely related to synvolcanic gold deposition.

The Main Sector, defined by at least twenty-six sub-parallel gold-rich zones, are typically and primarily associated with a fine-grained and disseminated arsenopyrite-pyrrhotite mineralization, with a pervasive biotite-chlorite-carbonate alteration, all crosscut by late-stage smoky and white quartz vein and veinlet stockworks containing visible gold. Locally, accessory minerals such as pyrite and tourmaline are observed.

Milestones of 2025-2027 Exploration Program

100,000 m Drilling Program (Q3 2025 to Q2 2027)

The ambitious 600-hole drilling program will both expand known gold zones (Brownfield Growth) and test new shallow surface high-potential targets (Greenfield Discovery). The objective is to unlock the camp-scale, high-grade gold potential along the 15 km Cadillac Fault Zone. It is important to note that Cartier’s recent consolidation of this large land holding offers the unique opportunity in over 90 years for unrestricted exploration.

Environmental Baseline Studies & Economic Evaluation of Chimo mine tailings (Q3 2025 to Q3 2026)

The baseline studies will be divided into two distinct parts which include 1) environmental baseline desktop study and 2) preliminary environmental geochemical characterization. The initial baseline studies will provide a comprehensive understanding of the current environmental conditions and implement operations that minimize environmental impact while optimizing the economic potential of the project. These studies will be supplemented by an initial assessment of the economic potential of the past-producing Chimo mine tailings to determine whether a quantity of gold can be extracted economically.

Metallurgical Sampling and Testwork Program (Q4 2025 to Q1 2026)

The metallurgical testwork program includes defining of expected gold recovery rates and improving historical results from the Chimo deposit, as well as establishing metallurgical recovery data for the first-time for the East Chimo and West Nordeau satellite deposits, where no previous data exists. This comprehensive program will characterize the mineralized material, gold recovery potential and validate optimal grind size defining the most efficient and cost-effective flowsheet. The data generated will directly support optimized project development and have the potential to significantly reduce both capital and operating costs, while also improving the environmental footprint.

Preliminary Economic Assessment (2026)

Internal engineering studies have been initiated to validate a multitude of development scenarios that consider the updated MRE and current market environment. Following the selection of the most optimal scenario, a PEA will be completed which will also build upon the results of the metallurgical testwork program and the environmental baseline studies to unveil the updated development strategy and vision of the project.

Table 2: Drill hole collar coordinates from Main Sector

Hole Number UTM Easting (m) UTM Northing (m) Elevation (m) Azimuth (°) Dip (°) Hole Length (m)
CA25-292A 332658 5319634 349 231 -45 177
CA25-293 332658 5319634 349 204 -63 198
CA25-294 332658 5319634 349 172 -69 231
CA25-295 332725 5319635 350 202 -53 132
CA25-296 332725 5319635 350 157 -45 141
CA25-297 332805 5319684 350 154 -45 220
CA25-298 332805 5319684 350 146 -65 270
CA25-299 332805 5319684 350 182 -76 282
CA25-300 332331 5319837 364 195 -51 240
CA25-301 332331 5319837 364 213 -69 315
CA25-303 332331 5319837 364 168 -50 249
CA25-304 332331 5319837 364 176 -73 381


Table 3: Drill hole detailed assay results from Main Sector

Hole Number From (m) To (m) Core Length** (m) Au (g/t) Uncut Vertical Depth (m) Zone
CA25-292A 65.0 69.0 4.0 3.1 ≈50 5B4
Including 65.0 66.0 1.0 1.4
Including 66.0 66.5 0.5 1.7
Including 66.5 67.0 0.5 3.9
Including 67.0 68.0 1.0 3.0
Including 68.0 69.0 1.0 5.1
CA25-293 63.6 65.5 1.9 1.9 ≈55 5M4
Including 63.6 64.6 1.0 2.3
Including 64.6 65.5 0.9 1.4
CA25-294 80.0 81.0 1.0 1.1 ≈85 5B4
And 132.0 133.0 1.0 1.6 ≈120 5C4
CA25-295 73.2 74.4 1.2 2.7 ≈55 5M4
Including 73.2 73.9 0.7 2.2
Including 73.9 74.4 0.5 3.3
And 82.9 88.8 5.9 2.8 ≈75 5B4
Including 82.9 84.0 1.1 1.5
Including 85.7 86.2 0.5 1.0
Including 86.2 87.0 0.8 4.9
Including 87.0 88.0 1.0 6.2
Including 88.0 88.8 0.8 5.6
CA25-296 78.0 86.0 8.0 2.3 ≈65 5B4
Including 78.0 79.0 1.0 1.0
Including 79.0 80.0 1.0 1.4
Including 81.0 82.0 1.0 2.6
Including 82.0 83.0 1.0 1.0
Including 83.0 84.0 1.0 5.9
Including 84.0 85.0 1.0 3.4
Including 85.0 86.0 1.0 2.4
CA25-297 112.0 113.0 1.0 2.6 ≈80 5NE
And 114.5 115.0 0.5 2.1
And 170.5 171.9 1.4 2.3 ≈120 5B4
Including 170.5 171.0 0.5 1.7
Including 171.0 171.9 1.0 2.6
CA25-298 133.0 134.0 1.0 1.5 ≈120
And 151.0 152.8 1.8 2.6 ≈135 5NE
Including 151.0 152.0 1.0 1.7
Including 152.0 152.8 0.8 3.7
CA25-299 135.0 136.0 1.0 2.5 ≈130 5NE
And 160.0 161.0 1.0 4.1 ≈150
And 220.0 221.0 1.0 1.0 ≈215 5B4
And 229.0 230.0 1.0 5.9
CA25-300 158.0 159.7 1.7 1.5 ≈120 5M3
Including 158.0 159.0 1.0 1.1
Including 159.0 159.7 0.7 2.1
And 193.3 195.0 1.7 29.6 ≈150 5B3
Including 193.3 194.2 0.9 54.3
Including 194.2 195.0 0.8 1.8
CA25-301 150.6 151.1 0.5 6.8* ≈140
And 218.0 219.0 1.0 1.4 ≈205 5M3
And 222.0 223.0 1.0 1.7
And 255.0 255.9 0.9 2.3 ≈235 5B3
And 275.0 280.0 5.0 2.7 ≈235 5C3
Including 275.0 276.0 1.0 8.0
Including 277.0 278.0 1.0 2.0
Including 278.0 279.0 1.0 1.8
Including 279.0 280.0 1.0 1.4
CA25-303 224.0 227.0 3.0 2.5 ≈170 5B3
Including 224.0 225.0 1.0 1.4
Including 225.0 226.0 1.0 4.2
Including 226.0 227.0 1.0 2.2
And 241.0 242.0 1.0 13.2 ≈185 5C3
CA25-304 249.0 250.0 1.0 1.2 ≈235 5M3
And 319.0 336.4 17.4 0.7 ≈310 5C3
Including 319.0 320.0 1.0 1.8
Including 330.0 331.0 1.0 2.1
Including 333.0 334.0 1.0 1.0
Including 334.0 335.0 1.0 1.8
Including 335.9 336.4 0.5 2.1
And 342.0 343.0 1.0 1.2 ≈325
And 348.0 349.0 1.0 1.3
And 377.0 378.0 1.0 5.8 ≈355

* Occurrences of visible gold (VG) have been noted in the drill core at various intervals. ** Based on the observed intercept angles within the drill core, true thicknesses are estimated to represent approximately 65-85% of the reported core length intervals.

Quality Assurance and Quality Control (QA/QC) Program

The drill core from the Cadillac Project is NQ-size and, upon receipt from the drill rig, is described and sampled by Cartier geologists. Core is sawn in half, with one half labelled, bagged and submitted for analysis and the other half retained and stored at Cartier’s coreshack facilities located in Val-d’Or, Quebec, for future reference and verification. As part of Quality Assurance and Quality Control (QA/QC) program, Cartier inserts blank samples and certified reference materials (standards) at regular intervals into the sample stream prior to shipment to monitor laboratory performance and analytical accuracy.

Drill core samples are sent to MSALABS’s analytical laboratory located in Val-d’Or, Quebec, for preparation and gold analysis. The entire sample is dried and crushed (70% passing a 2-millimeter sieve). The analysis for gold is performed on an approximately 500 g aliquot using Chrysos Photon Assay™ technology, which uses high-energy X-ray excitation with gamma detection to quickly and non-destructively measure gold content.

Alternatively, samples are submitted to Activation Laboratories Ltd. (‘Actlabs’), located in either Val-d’Or or Ste-Germaine-Boulé, both in Quebec, for preparation and gold analysis. The entire sample is dried, crushed (90% passing a 2-millimetre sieve) and 250 g is pulverized (90% passing a 0.07-millimetre sieve). The analysis for gold is conducted using a 50 g fire assay fusion with atomic absorption spectroscopy (AAS) finish, with a detection limit up to 10,000 ppb. Samples exceeding this threshold are reanalyzed by fire assay with a gravimetric finish to determine high-grade values accurately.

Both MSALABS and Actlabs are ISO/IEC 17025 accredited for gold assays and implement industry-standard QA/QC protocols. Their internal quality control programs include the use of blanks, duplicates, and certified reference materials at set intervals, with established acceptance criteria to ensure data integrity and analytical precision.

Qualified Person

The scientific and technical content of this press release has been prepared, reviewed and approved by Mr. Ronan Déroff, P.Geo., M.Sc., Vice President Exploration, who is a ″Qualified Person″ as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects (″NI 43-101″).

About Cadillac Project

The Cadillac Project, covering 14,000 hectares along a 15-kilometre stretch of the Cadillac Fault, is one of the largest consolidated land packages in the Val-d’Or mining camp. Cartier’s flagship asset integrates the historic Chimo Mine and East Cadillac projects, creating a dominant position in a world class gold mining district. With excellent road access, year-round infrastructure and nearby milling capacity, the project is ideally positioned for rapid advancement and value creation.

The Cadillac property contains total gold resource of 767,800 ounces in the measured and indicated category (10.0 million tonnes at 2.4 g/t Au) and 2,416,900 ounces in the inferred category (35.2 million tonnes at 2.1 g/t Au) across all the sectors. Please see the Cartier’s December 18, 2025 news release titled ″ Cartier Reports Significant Gold Resource Growth At Cadillac With 9,953,000 tonnes at a grade of 2.40 g/t Au for 767,800 Ounces Measured and Indicated, a 7% Increase and 35,185,000 tonnes at a grade of 2.14 g/t Au for 2,416,900 Ounces Inferred, a 48% Increase. ″

About Cartier Resources Inc.

Cartier Resources Inc., founded in 2006 and headquartered in Val-d’Or (Quebec) is a gold exploration company focused on building shareholder value through discovery and development in one of Canada’s most prolific mining camps. The Company combines strong technical expertise and a track record of successful exploration to advance its flagship Cadillac Project. Cartier’s strategy is clear: unlock the full potential of one of the largest undeveloped gold landholdings in Quebec.

For further information, contact:
Philippe Cloutier, P. Geo.
President and CEO
Telephone: 819-856-0512
philippe.cloutier@ressourcescartier.com
www.ressourcescartier.com

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

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VANCOUVER, BRITISH COLUMBIA / ACCESS Newswire / January 20, 2026 / Prince Silver Corp. (CSE:PRNC,OTC:PRNCF)(OTCQB:PRNCF)(T130:Frankfurt) (‘Prince Silver’or theCompany’) is pleased to announce that it has staked approximately 656 acresof new mineral claims directly along trend of its ongoing reverse circulation (‘RC’) drill program. Recent assay results from this program include Hole PRC-27 which returned 9.2 metres (30 feet) grading 140 g/t Ag, 8.57% Mn, 1.48% Pb and 1.06% Zn, and Hole PRC-30 returned 7.6 metres (25 feet) grading 167 g/t Ag, 8.7% Mn and 1.14% Zn(see Company News Release dated January 13, 2026) at the Prince Silver Project in the Pioche Mining District of Lincoln County, Nevada.

Derek Iwanaka, CEO and Director of Prince Silver Corp., commented:

‘Our decision to stake these additional claims was driven by our enhanced understanding of the geological system governing the Prince Project area, the strength and consistency of the mineralization encountered in our ongoing 9,000-metre RC drill program, and by our growing confidence in the scale of the mineralized system at the Prince Project. Securing this additional ground now ensures we control the majority of the prospective extensions of the Great Western Fault’s mineralized corridor as we continue drilling and advance the Project towards its first NI 43-101 compliant mineral resource estimate.’

The newly staked claims more than double Prince Silver’s previous land position and are located immediately north of the Prince Silver Project, along a controlling north-northwest-trending regional fault structure. This structure is interpreted to have acted as the primary conduit for acidic mineralizing fluids responsible for the Carbonate Replacement Deposit (‘CRD’) mineralized horizons and vein systems currently being drilled by the Company. The additional claims enhance Prince Silver’s ability to evaluate extensions of CRD-style and structurally controlled vein mineralization identified to date over more than seven kilometres along the Great Western Fault corridor.

The Pioche Mining District is a prolific historical silver-producing region, with mineralization occurring within CRD systems and replacement zones hosted by favorable carbonate host rocks, typically localized along fault systems proximal to intrusive rocks. Historical mining at the Prince Mine focused primarily on high-grade fissure veins, leaving significant potential for broader, near-surface zones of mineralization amenable to modern exploration methods and potential open-pit mining.

The newly staked claims provide additional flexibility for future drill targeting, infrastructure placement, and longer-term project development planning as Prince Silver continues to define the size, continuity, and metal zonation of the regional mineral system. Additional assay results from the ongoing drill program will be released over the next three to four months, as they become available.

The map below shows the location of the newly staked claims relative to the existing Prince land package.

Figure 1: Prince Silver Land Package in Pioche Mining District, Nevada

Qualified Person

Ralph Shearing, P.Geo. (Alberta), a Qualified Person under NI 43-101 and Director and President of the Company, has reviewed and approved the technical disclosure in this news release.

About Prince Silver Corp.

Prince Silver Corp. is a silver exploration company advancing its past-producing Prince Silver-Zinc-Manganese-Lead Mine in Nevada, USA. Featuring near-surface mineralization that was historically drill tested by over 129 holes and is open in all directions, the Prince Project offers a clear path toward a maiden 43-101 compliant resource estimate. The Company also holds an interest in the Stampede Gap Project, a district-scale copper-gold-molybdenum porphyry system located 15 km north-northwest of the Prince Silver Project, highlighting Prince Silver’s focus on high-potential, strategically located exploration assets.

On Behalf of the Board of Directors

Derek Iwanaka, CEO & Director
Tel: 236-335-9383
Email: info@princesilvercorp.com
Website: www.princesilvercorp.com

Forward-Looking Information

Certain statements in this news release are forward-looking statements, including with respect to future plans, and other matters. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations, or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording such as ‘may’, ‘expect’, ‘estimate’, ‘anticipate’, ‘intend’, ‘believe’ and ‘continue’ or the negative thereof or similar variations. Some of the specific forward-looking information in this news release includes, but is not limited to, statements with respect to: ongoing and proposed drill programs, amendments to the Company’s website, property option payments and regulatory and corporate approvals. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, including but not limited to, business, economic and capital market conditions, the ability to manage operating expenses, dependence on key personnel, completion of satisfactory due diligence in respect of the Acquisition and related transactions, and compliance with property option agreements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, anticipated costs, and the ability to achieve goals. Factors that could cause the actual results to differ materially from those in forward-looking statements include, the continued availability of capital and financing, litigation, failure of counterparties to perform their contractual obligations, failure to obtain regulatory or corporate approvals, exploration results, loss of key employees and consultants, and general economic, market or business conditions. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The reader is cautioned not to place undue reliance on any forward-looking information.

The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

This news release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the ‘U.S. Securities Act’) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons (as defined under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

SOURCE: Prince Silver Corp.

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President Donald Trump’s renewed push to acquire Greenland is now framed not as a novelty or negotiating stunt, but as a foreign policy and national security imperative. Administration officials argue that Greenland’s Arctic location, proximity to emerging shipping lanes, and potential role in countering Russian and Chinese influence make US control strategically essential. 

That framing has now been paired with explicit economic pressure: in a recent social media post on Saturday, January 17, 2026,  Mr. Trump announced that Denmark — the sovereign power over Greenland — will face a 10 percent tariff on all goods exported to the United States beginning February 1, with the rate rising to 25 percent on June 1 if Denmark does not agree to a “Complete and Total purchase of Greenland.” He further stated that Norway, Sweden, France, Germany, Britain, the Netherlands, and Finland — NATO allies that have expressed solidarity with Denmark — will be subjected to the same escalating tariffs unless they relent.

Even granting the strategic premise, the proposal collapses under basic economic reasoning. The problem is not subtle. It lies in valuation, incentives, and the institutional foundations that make both markets and geopolitics workable.

Valuation, Optionality, and Contradictions

Supporters of the acquisition often cite estimates suggesting Greenland holds between roughly $2 trillion and $4 trillion i n natural resources, including rare earth elements, hydrocarbons, and other critical minerals. At the same time, media reports and policy commentary have floated a hypothetical purchase price in the range of approximately $500 billion to $800 billion. Taken together, these two claims reveal a glaring contradiction.

Natural resources are not cash balances. They represent long-dated option value: future streams of potential revenue that may or may not be realized depending on extraction costs, infrastructure investment, environmental constraints, political consent, and commodity prices. From an asset-pricing perspective, the relevant concept is net present value (NPV). Even after aggressive discounting for uncertainty, time, and development costs, the expected present value of trillions of dollars in underlying resources would still far exceed a one-time payment at a steep discount.

Put differently, if Greenland truly contains assets worth multiple trillions of dollars, then even a willing seller would have no rational incentive to part with it for $500 to 800 billion. Strategic assets with long horizons and geopolitical relevance command premiums, not bargain prices. The administration’s argument defeats itself: the more economically valuable Greenland is claimed to be, the less plausible a discounted sale becomes. If Greenland were a firm, no board would approve selling the entire enterprise for a fraction of its discounted asset value simply because a buyer found it strategically useful. Sovereign assets follow precisely the same logic.

The Symmetry Test

Even setting aside valuation, the Greenland proposal fails a more basic test: symmetry. If historical ties, strategic relevance, and latent economic value were sufficient grounds for territorial acquisition, then several European powers could assert claims to US territory with equal legitimacy.

Spain governed Florida, Texas, and much of the American Southwest for centuries. France once controlled the Louisiana territory, sold under geopolitical pressure in 1803, which now represents tens of trillions of dollars in economic value. Britain administered the original colonies and left behind enduring legal and institutional frameworks. Russia sold Alaska in 1867 for a sum that dramatically undervalued its eventual strategic and resource significance, particularly in today’s Arctic context.

Yet no serious policymaker treats these historical facts as grounds for modern claims. The reason is economic as much as legal. Once sovereignty becomes contingent on strategic usefulness or newly discovered resource value, borders lose durability. Risk premia rise. Long-term investment becomes fragile everywhere. The modern economic order depends on the expectation that territorial arrangements are not perpetually renegotiable under pressure.

Tariffs as Coercion: A Misuse of Trade Policy

The Trump administration’s sharp turn back toward mercantilism was initially justified as a necessary response to claims that the United States had been systematically mistreated by trading partners, hollowed out by unfair competition, and weakened by chronic trade imbalances. That same framework now appears to license something more troubling: the use of economic pressure as a form of geopolitical arm-twisting — leaving governments around the world to wonder what assertions Washington might make next — while the balance of trade and the cost of living for American households hang in the balance.

As mentioned, the Trump administration has floated tariffs against Denmark and other European Union governments if they refuse to cooperate. This reflects a persistent misunderstanding of trade economics. Tariffs are not fines paid by foreign governments; they are taxes borne largely by domestic consumers and firms. Using tariffs as leverage in a territorial dispute would raise costs for US businesses, invite retaliation, and disrupt transatlantic supply chains.

Denmark is neither an isolated counterparty nor a lonely national pariah, and any punitive action would almost certainly provoke coordinated EU responses. From a strategic standpoint, this is self-defeating. If the goal is to strengthen US geopolitical positioning in the Arctic, alienating allies through trade coercion weakens, rather than enhances, that stance. Economically, it introduces uncertainty (not, unfortunately, an unfamiliar consequence of this administration’s policies), raises the cost of capital, and undermines trade relationships the United States itself depends on.

The Cost of Norm Erosion

The administration’s most serious defense of the Greenland gambit is national security. But even here, the logic is mislaid, with severe economic consequences.

Modern economies rely on stable borders and predictable sovereignty. Foreign direct investment, infrastructure finance, and long-term capital allocation all assume that territory is not subject to purchase or coercive transfer. When a major power signals otherwise, perceived geopolitical risk rises, particularly for smaller states. That risk translates directly into higher borrowing costs, reduced investment, and slower growth. Ironically, the erosion of these norms weakens the very strategic environment the policy claims to protect. And international moves one may have never expected to see are materializing with rapidity.

People Are Not Balance-Sheet Items

Finally, Greenland is not some unoccupied resource cache. It is home to a population with political institutions, cultural identity, and stated preferences. Treating territory as a tradable asset abstracts away governance and consent, precisely the factors that determine whether resource wealth becomes long-run prosperity or stagnation.

Even if one accepts the administration’s claim that Greenland holds genuine strategic importance, the proposed means of acquisition are outside the pale of conduct and economically indefensible. The valuation logic violates basic NPV reasoning, the tariff threats misuse an already tattered US trade policy, and the broader approach undermines the fundamental institutional norms that support economic stability and growth. Economic realism requires coherence, not spectacle. On those grounds, the Greenland push is not a hard-nosed or well-calculated stratagem. Dismissing it as ridiculous is accurate, but not sufficiently analytical: it represents a fundamental, deeply troubling misread of the way in which assets, incentives, and institutions interact and work.

President Donald Trump is expected to head to Davos, Switzerland, for the World Economic Forum this week — on the heels of threatening tariffs against NATO members as he seeks to acquire Greenland, a Danish territory. 

The Davos World Economic Forum is an annual summit bringing world leaders together to discuss global issues related to politics, business and society. 

Other world leaders who are expected to attend include Ukrainian President Volodymyr Zelenskyy, Federal Chancellor of Germany Friedrich Merz and President of the European Commission Ursula von der Leyen. 

Trump is expected to deliver a special address Wednesday, per the World Economic Forum’s program. But the White House did not immediately respond to a request for comment from Fox News Digital regarding Trump’s schedule in Switzerland. 

 

Trump previously attended the World Economic Forum in Davos, Switzerland, twice during his first term, according to the State Department’s records. 

Trump is poised to enter the forum in the middle of heightened tensions between the U.S. and European allies. After a group of NATO members sent troops to Greenland amid Trump’s latest efforts to acquire the island, Trump announced Saturday that those countries would be subjected to a 10% tariff on all goods starting Feb. 1. 

That number would climb to 25% in June, until a deal is reached for Trump to secure Greenland, according to Trump. 

While the Danish territory claims it is seeking independence from Copenhagen, Denmark, and doesn’t want to join the U.S., Trump has regularly expressed a desire to acquire Greenland for the U.S. as Russian and Chinese presence grows in the Arctic since his first administration.

Trump has revived his rhetoric toward Greenland in recent weeks, claiming that the region is critical for national security purposes, including the creation of a Golden Dome project, a defense shield initiative for the U.S. similar to the one Israel has safeguarding itself.

Likewise, Trump said in text messages to Norway’s Prime Minister Jonas Gahr Støre on Sunday that Norway released Monday that he’s not inclined to only think of peace, after the Norwegian Nobel Committee did not award him with the 2025 Nobel Peace Prize. Instead, the committee awarded the prize to Venezuelan opposition leader, Maria Corina Machado. 

‘Considering your Country decided not to give me the Nobel Peace Prize for having stopped 8 Wars PLUS, I no longer feel an obligation to think purely of Peace, although it will always be predominant, but can now think about what is good and proper for the United States of America,’ Trump said in the text messages.

‘Denmark cannot protect that land from Russia or China, and why do they have a ‘right of ownership’ anyway? There are no written documents, it’s only that a boat landed there hundreds of years ago, but we had boats landing there, also,’ Trump said. 

Meanwhile, Denmark, Norway, Sweden, France, Germany, the United Kingdom, the Netherlands and Finland said in a joint statement Sunday that the tariff threats ‘undermine transatlantic relations and risk a dangerous downward spiral.’

Likewise, NATO Secretary-General Mark Rutte said Sunday that he and Trump spoke over the weekend, and would see each other in Switzerland.

‘We will continue working on this, and I look forward to seeing him in Davos later this week,’ Rutte said in a post on social media Sunday. 

Meanwhile, Trump has refused to back down from his aspirations to acquire Greenland following his tariff threat, and issued another stern warning to Denmark. 

‘NATO has been telling Denmark, for 20 years, that ‘you have to get the Russian threat away from Greenland.’ Unfortunately, Denmark has been unable to do anything about it. Now it is time, and it will be done!!!’ Trump said in a social media post late Sunday.

Greenland has a trove of natural resources, including oil and natural gas. Meanwhile, both Russia and China have bolstered their presence in the region in recent years.

The Associated Press contributed to this report. 


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President Donald Trump is garnering praise from a prominent faith leader who says the White House is reinforcing the religious revival growing across America as churches report growing attendance and younger parishioners.

‘There’s causality from the culture into politics and from politics that influences the culture, and I think we’re seeing that duality play out,’ JP De Gance, founder and president of Communio, a non-profit ministry that trains churches on how to evangelize, told Fox News Digital. ‘Religious non-affiliation had been growing for about 40 years, and it’s flatlined over the last four years. That’s a real change in trends.’

De Gance said that Communio had heard anecdotally that churches across the country have seen major increases in new member classes. 

In the case of Texas A&M, De Gance said there were currently 420 students enrolled in the Order of Christian Initiation of Adults (OCIA) class, with approximately 100 or more adult baptisms expected, something he said was ‘really unusual.’ OCIA classes are meant for adults looking to enter the Catholic Church. Regarding Protestant denominations, Communio is seeing an ‘increase in small and intimate church settings,’ De Gance said.

The faith leader said that the White House has not only been reacting to a growing interest in faith, but is also embracing it more publicly than prior administrations. He also stated that he sees a ‘huge difference’ in the Trump administration’s approach to faith versus that of the Biden administration.

‘When you look at the Biden administration, his final Easter celebration had a proclamation of ‘Transgender Day’ instead of an Easter proclamation,’ De Gance noted, referring to former President Joe Biden’s acknowledgment of Transgender Day of Visibility. In 2024, Easter Sunday fell on the same day.

‘I think you had a last administration that was seen by a lot of people of faith as being actively hostile to faith, and now I think a view that there’s an openness and an interest by the current administration to more embrace faith in their work and in their actions,’ De Gance added.

The Trump administration has not been quiet about faith and even created an entity to represent faith-based communities.

In February 2025, Trump signed an executive order establishing the White House Faith Office, which was meant to ’empower faith-based entities, community organizations, and houses of worship to better serve families and communities,’ according to the White House. The office is led by senior advisor Paula White and faith director Jenny Korn.

For Holy Week, Trump issued a proclamation on behalf of himself and first lady Melania Trump that put faith front and center.

‘This Holy Week, Melania and I join in prayer with Christians celebrating the crucifixion and resurrection of our Lord and Savior, Jesus Christ — the living Son of God who conquered death, freed us from sin, and unlocked the gates of Heaven for all of humanity,’ the proclamation read. ‘We pray that America will remain a beacon of faith, hope, and freedom for the entire world, and we pray to achieve a future that reflects the truth, beauty, and goodness of Christ’s eternal kingdom in Heaven.’

Trump also issued a faith-filled message for Christmas, saying that he and the first lady ‘send our warmest wishes to all Americans as we share in the joy of Christmas Day and celebrate the birth of our Lord and Savior, Jesus Christ.’ The president included a brief retelling of the Christmas story and prayers for ‘an outpouring of God’s abiding love, divine mercy, and everlasting peace upon our country and the entire world.’

The Trump administration has also invoked faith in times of tragedy, from the flooding at Camp Mystic in Texas to the shooting at Annunciation Catholic Church in Minnesota and the assassination of Charlie Kirk.

‘These are times where a president can be a comforter in chief, and I think it’s appropriate for the president, members of the administration to not compartmentalize and shelve their faith in these moments,’ De Gance said. ‘I think when there are times of great suffering, I think that it’s an opportunity to also embrace our faith.’

As Trump enters the second year of his second term and America approaches its 250th birthday, De Gance says many are looking to see the administration continue to reaffirm the role that religion plays in American life.

‘I think American Christians would love to see the president, the White House continue, or find ways to embrace the core pillars that made this country so excellent on the world stage,’ De Gance told Fox News Digital. ‘In this 250th anniversary, I think it’s a time where we can reflect and see that the American founding was grounded in sort of core cultural pillars that allowed self-governance to exist.’

De Gance emphasized the importance of strong families and Americans maintaining connections to faith communities, saying Christianity served as a ‘core bedrock’ at the nation’s founding.

Fox News Digital spoke to Communio’s founder before Sunday’s incident at Cities Church in St. Paul, Minn., made headlines over the weekend. Anti-ICE agitators disrupted a worship service, chanting slogans including ‘ICE Out’ and ‘Justice for Renee Good,’ a reference to the woman shot and killed by an ICE agent in Minneapolis earlier this month.

The Trump administration responded swiftly, with the Justice Department launching an investigation into potential violations of federal law. Attorney General Pam Bondi confirmed that she spoke to the pastor of the church and affirmed that ‘attacks against law enforcement and the intimidation of Christians are being met with the full force of federal law.’


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Rep. Yassamin Ansari, D-Ariz., asserted Monday in a post on X that President Donald Trump is ‘mentally ill’ and should be ‘immediately’ removed from office via the 25th Amendment.

‘The president of the United States is extremely mentally ill and it’s putting all of our lives at risk. The 25th Amendment exists for a reason — we need to invoke it immediately,’ she declared in the post.

Fox News Digital reached out to the White House for comment on Tuesday morning.

The congresswoman made the comment in response to a letter from President Donald Trump to Norway’s Prime Minister Jonas Gahr Støre.

‘Dear Jonas: Considering your Country decided not to give me the Nobel Peace Prize for having stopped 8 Wars PLUS, I no longer feel an obligation to think purely of Peace, although it will always be predominant, but can now think about what is good and proper for the United States of America,’ Trump asserted in the message.

‘Denmark cannot protect that land from Russia or China, and why do they have a ‘right of ownership’ anyway?’ he continued, referring to Greenland. ‘There are no written documents, it’s only that a boat landed there hundreds of years ago, but we had boats landing there, also. I have done more for NATO than any other person since its founding, and now, NATO should do something for the United States. The World is not secure unless we have Complete and Total Control of Greenland. Thank you!’ Trump added.

The prime minister pushed back in a statement.

‘Norway’s position on Greenland is clear. Greenland is a part of the Kingdom of Denmark, and Norway fully supports the Kingdom of Denmark on this matter. We also support that NATO in a responsible way is taking steps to strengthen security and stability in the Arctic. As regards the Nobel Peace Prize, I have clearly explained, including to President Trump what is well known, the prize is awarded by an independent Nobel Committee and not the Norwegian Government,’ Støre noted.

Sen. Ed Markey, D-Mass., and Rep. Sydney Kamlager-Dove, D-Calif., have also both called for the invocation of the 25th Amendment against Trump in light of the president’s message.

The only national security threat to Greenland right now is the US, not China or Russia: Sen. Mark Warner

‘Donald Trump is unfit to lead and clearly out of control. Invoke the 25th Amendment,’ Kamlager-Dove asserted in a post on X. A note on the X account notes that it is ‘maintained by federal staff.’

Fox News’ Madeleine Rivera contributed to this report


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In his latest book, The Heir, author Matthew Palumbo provides a well-researched exposé of the left-wing globalist network developed by billionaire George Soros and the recent hand-off to his son, Alex. Palumbo chronicles Alex Soros’ assumption of his father’s political activism empire and his continuation of his father’s activist path, perhaps even more radical and brazenly public.

Born in 1985, Alex grew up in a 14-room estate in an upscale New York City suburb. He attended an elite private school where tuition for the 2024–25 school year exceeds $50,000.Alex succeeded his father as chair of George’s primary philanthropic organization, the Open Society Foundations (OSF), in December 2022. George, one of the most successful hedge fund managers in history, founded OSF in 1993 to support his philanthropic and political causes. 

Alex had started his own foundation in 2012, the Alex Soros Foundation (ASF), that would be a strong indicator of how he would run OSF. From 2012 to 2021, ASF gave most of its $8.8 million in donations to environmental groups and almost half to hardcore leftist groups.

After assuming control of OSF, Alex reallocated much of the group’s resources away from Europe and toward the “global south.” Alex continued, however, George’s longstanding involvement in Ukraine and Albania in an effort to change those countries’ judicial systems to benefit left-wing political positions. The younger Soros also aggressively pushed support for environmental activist groups, announcing a $400 million commitment to support “economic and climate prosperity” in the global south. 

Palumbo references a study by the Media Research Group that OSF donated the enormous amount of $193.9 million to 347 radical climate change activist groups from 2016 to 2023 under both George and Alex. But with the additional $425 million in donations referenced above, that amount increased to a whopping $618.9 million. 

Aside from his massive monetary support for climate activism, Alex has also become a major donor to left-wing political groups and Democratic Party candidates at the highest levels. He donated tens of millions of dollars to Democratic candidates in 2020, including $720,000 to the Joe Biden presidential campaign. Alex’s donations enabled him to gain dozens of visits to the White House throughout the Biden presidency. 

Palumbo writes that after the 2020 election, the incoming Biden administration engaged 17 members of OSF and other Soros-funded organizations to serve on the new administration’s transition teams. This enabled OSF to propagate its left-wing ideology across the State Department, the US Mission to the United Nations, the Defense Department, the National Security Council, the Treasury Department, the Labor Department, the Interior Department, the Federal Reserve, the Consumer Financial Protection Bureau, banking and securities regulators, and others. Some of these transition team members stayed on for positions in the Biden administration.

President Biden’s first chief of staff, Ron Klain, served on the board of the prominent leftist lobbying group, the American Progress Action Fund, whose largest donor has been the OSF-linked Open Society Action Fund. 

Turning to foreign affairs, Palumbo’s book explores the long history of George’s involvement in the small eastern European country of Albania and its implications for Alex. Palumbo writes that George’s claimed post-communist mission to plant the seeds of an “open society” in a depressed Albania in the 1990s has morphed into state capture by the Soros empire. With the wholesale remaking of Albania’s judiciary under his influence, George revealed his vision for a society – one that is not indifferent to its communist past with its current Socialist Party, corrupt institutions, and silenced opposition. Albania today stands as a paradox: a pro-American nation where US aid and Soros millions have created a society that contradicts the very values it claims to uphold. For Alex Soros, Albania is a proven template where his father’s vision has been realized—not as a beacon of freedom, but as one of successful outside influence.

Both George and Alex have also been involved in Ukraine, especially since Russia’s invasion of the country in February 2022. While the US government has expended hundreds of billions of dollars in support of Ukraine (both before and after the start of the war), the Soros influence in the country has gone largely unnoticed. Palumbo explains that George Soros has been engaged in Ukraine for more than 30 years, as he saw it as an opportunity to spread his vision of a so-called “open society” and a platform to attack his political adversaries in the United States.

George’s initial meddling in Ukraine began in the post-Soviet upheaval in the 1990s, and likely Alex sees a war-torn country as an opportunity to gain influence over it by funneling billions of dollars into the prospective reconstruction of the country. He has made repeated visits to Kyiv to meet with Zelenskyy. Palumbo states that this pattern indicates more than charitable philanthropy; that it shows an attempt by Alex to proactively establish OSF influence over the country whenever a post-war reconstruction may occur. The most recent OSF data shows a 2023 funding budget for Ukraine of roughly $19 million. Since 1991, George and Alex have spent $230 million in Ukraine.

The one federal agency that probably best exemplifies the Soros influence in the United States government is the US Agency for International Development (USAID). Palumbo states that George has had a working relationship with USAID since at least 1993. Notable early cases of Soros’ involvement with USAID include his International Renaissance Foundation, partnering with it to support Ukraine’s “Orange Revolution” (November 2004 to January 2005). Another was the Organized Crime and Corruption Reporting Project (OCCRP), which was one of the groups cited in the (first) attempt to impeach President Trump.

Also, the East-West Management Institute – the Soros family’s most influential group in Albania – had taken $270 million from USAID. In addition to using USAID for projects advancing his interests, George himself has rewritten the rules to allow USAID political funding under the heading of “humanitarian aid.”

During the Obama years, USAID partnered with George to promote policies abroad that served no clear American interests. It was at this time that USAID started tying development funding to countries that aligned with leftist social causes, such as promoting LGBTQ rights, legalizing prostitution, and decriminalizing drugs. Much of the money purportedly ended up directly in Soros’ hands. 

After the revelations in early 2025 about USAID’s reckless funding of leftist causes, Alex tried to deny USAID was funding OSF. In February 2025, OSF issued a public statement refuting claims that OSF was funded by USAID or was directing its funding. Only a few months earlier, however, OSF had issued a press release boasting about one of its major education development projects, the Central European University, being funded by USAID with commitments through 2032 and beyond.

USAID has now been effectively shut down, with over 5,000 programs terminated and $30 billion in funding ended. Palumbo describes this as not just a setback for Alex and OSF, but a gut punch. The money machine was unplugged.

Near the end of his book, Palumbo examines Alex’s first year as OSF chairman (in 2023) by reviewing OSF’s largest grants. Because of the high volume of grants made in 2023, a total of 2,166, Palumbo divides the grants into five main categories: (1) fund of funds (meaning OSF funds groups who fund other groups); (2) think tanks; (3) voter mobilization groups; (4) news media; and (5) civic engagement groups. The table below shows OSF’s largest grants in 2023 for each of the five recipient categories:

Recipient TypeRecipient NameRecipient DescriptionGrant Amount
Fund of fundsSixteen Thirty FundThe “hub of dark money spending on the Left.” Administered by Arabella Advisors.$13,665,000
Think tanksNew America FoundationProgressive think tank focused on five core policy areas: technology and democracy, family economic security, people and planet-centered politics, education from birth to workforce, and political reform and civic cohesion.$5,000,000
Voter mobilizationAmerica VotesNonprofit political organization established to advance progressive policies and increase voter turnout for Democratic Party candidates.$4,400,000
News mediaCourier NewsroomOperates 11 news outlets, primarily in swing states, with political content intended to support Democratic Party candidates.$15,000,000
Civic engagementAccelerate Action, Inc.Develops and tests models for citizen organizing that can move people to take action, particularly in communities of color.$12,600,000

In short, Alex is funding the same kind of leftist groups that his father always had. 

Palumbo outlines the incredible influence and control that the Soros empire has over the major media. From 2004 to 2011, George spent nearly $50 million funding about 180 American media organizations, and “news infrastructure,” such as journalism schools and media industry organizations. The Media Research Center has found Soros links at over thirty mainstream news outlets.

Palumbo concludes his book with the following comments about Alex Soros: 

The new Soros is just like the old Soros, and the only ways they differ are the ways in which Alex is even more radical, and that, unlike his father, he’s openly boasting about his influence. The Soros agenda is still globalism.

Palumbo’s The Heir serves as a warning that well-connected actors with enormous financial resources can buy political influence and steer government funding towards their own ideological objectives and personal enrichment. It highlights the need for greater transparency and accountability in our public institutions.

Exploration drilling underway and PFS-level technical programs ongoing at the Company’s Saskatchewan gold project

Fortune Bay Corp. (TSXV: FOR,OTC:FTBYF) (FWB: 5QN) (OTCQB: FTBYF) (‘Fortune Bay’ or the ‘Company’) is entering 2026 with a strengthened balance sheet and a clear strategic focus on advancing its Goldfields Gold Project (‘Goldfields’ or the ‘Project’), a gold development asset in Saskatchewan, one of the world’s top-tier mining jurisdictions.

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

Following a year of significant technical and corporate progress in 2025, the Company is fully funded to execute its planned 2026 program at Goldfields, centered on; 1) project development work, that includes advancing toward a Prefeasibility Study (‘PFS’) in tandem with permitting activities, and 2) exploration drilling targeting additional near-mine ounces that could further strengthen Goldfields’ excellent economics. Exploration drilling has resumed after the holiday break and initial drill results are expected in the first quarter of 2026.

Goldfields is very well-positioned for advancement, with excellent PEA economics, a high-confidence mineral resource base, established infrastructure, and the benefit of Saskatchewan’s stable, top-tier jurisdiction.‘ said Dale Verran, CEO of Fortune Bay. ‘The work completed in 2025 strengthened the project’s technical foundation and firmly set the stage for expedited advancement. With funding secured, our priority in 2026 is disciplined execution, advancing development while growing the resource and positioning Goldfields to unlock meaningful value as the gold market continues to strengthen.’

2025: A Year of Demonstrating Project Value and Setting the Stage for Advancement

Throughout 2025, Fortune Bay advanced Goldfields through a series of key milestones aimed at strengthening technical confidence, improving execution readiness, and positioning the project for the next stage of value creation.

Updated Preliminary Economic Assessment: Defining an Expedited Development Path

In September 2025, Fortune Bay completed an independent Updated Preliminary Economic Assessment (‘Updated PEA’) for Goldfields, confirming the project as a robust open-pit development asset supported by a well-defined resource base, existing infrastructure, and Saskatchewan’s stable regulatory environment.

At a base-case gold price of US$2,600/oz, the Updated PEA outlined after-tax economics of C$610 million NPV (5%) and a 44% IRR, with initial capital estimated at C$301 million. At spot gold prices at the time of the study (US$3,650/oz), the after-tax NPV (5%) increased to C$1.25 billion, highlighting the project’s strong sensitivity to gold prices. On average, every US$100 change in the gold price assumption results in an approximate C$61 million change in after-tax NPV.

The Updated PEA positions Goldfields for accelerated advancement toward construction by maintaining throughput below 5,000 tpd, enabling the Project to remain within the provincial permitting framework. This expedited pathway is supported by established infrastructure, a de-risked resource base (with 97% of ounces in the mine plan classified as Indicated), and a valid provincially approved Environmental Impact Statement (‘EIS’) from 2008 for a 5,000 tpd open-pit operation.

To read the full release visit https://fortunebaycorp.com/news/post/fortune-bay-announces-updated-pea-for-goldfields-saskatchewan.

Permitting Work: Advancing Execution Readiness

Alongside the Updated PEA, Fortune Bay advanced environmental baseline studies during 2025, building upon extensive historical datasets and the existing EIS. Both aquatic and terrestrial baseline environmental studies were completed in late 2025, with final reporting and ongoing monitoring continuing into early 2026 and beyond.

In addition, a well-attended community tour of Indigenous communities and municipalities was completed in November 2025 to support early engagement on the development of Goldfields. Productive meetings were also held with Chiefs and Council members from local Indigenous nations to introduce the project and seek initial feedback from leadership.

Post-PEA Technical Programs: Advancing Toward PFS-Level Studies

Following completion of the Updated PEA, the Company initiated a series of post-PEA technical programs aimed at further de-risking the project and advancing studies toward the PFS level. This work included high-resolution topographic (LiDAR) survey, waste rock characterization, metallurgical testwork, and planning for additional PFS-level work programs.

Exploration: Positioning for Resource Expansion

In parallel with project development work, Fortune Bay refined exploration targets across the Goldfields property, integrating historical drilling, updated geological modeling, and insights gained through the PEA process. This work directly informed the design of the current exploration drilling program targeting additional near-mine ounces that could further strengthen Goldfields’ exceptional economics and improve the overall development profile. 

2026: Funded, Focused, and Advancing

With funding secured, Fortune Bay’s 2026 work program is designed to translate the technical and permitting progress achieved in 2025 into tangible value advancement at Goldfields. The Company enters the year with a clear operational focus and the financial capacity to execute its plans without near-term capital constraints.

Exploration

A central component of the 2026 program is resource expansion drilling, targeting priority areas identified through recent geological modeling and insights gained from the Updated PEA. The drilling is intended to test the potential to further strengthen project scale, extend mine life, and enhance the overall development profile. Initial drill results are expected in the first quarter of 2026.

Project Development

The Company plans to advance three key project development strategies in parallel; 1) PFS-level work streams, 2) Saskatchewan-led environmental approvals, and 3) community consultation and engagement.

PFS-level work streams will include expanded geotechnical, metallurgical and waste rock geochemistry investigations. Metallurgical and waste rock studies in 2025 were scoped to inform and support design of optimized PFS-level investigations in 2026. An integrated work program is being developed to reduce the amount of drilling required to the extent possible.

  • Geotechnical drilling and investigations, in tandem with hydrogeological survey, will expand on historical studies to further characterize host-rock physical properties and support optimization of the open pit design. Surface investigations and soil profile testing will also be carried out to support higher-confidence infrastructure design, including that of the tailings storage facility, process plant and other site infrastructure.
  • Metallurgical studies will include expanded testing to better constrain parameters around process plant design and reagent consumption, including broad-scale variability testing.
  • Waste rock characterisation study will be carried out, including acid base accounting and geochemistry, to support waste rock facility design and complement site water balance and environmental (permitting) advancement.

Results from recent baseline environmental studies and the waste rock characterization program will be integrated with feedback from early engagement activities and the project scope outlined in the Updated PEA to inform development of the Technical Proposal. The Technical Proposal is the first step in the provincial environmental assessment process and will be used as a basis for initiation of regulatory engagement with the Saskatchewan Ministry of Environment in Q1 of 2026. This work will build upon the Provincially-approved 2008 Environmental Impact Statement for a 5,000 tpd open-pit operation. Community engagement will continue in 2026 to strengthen relationships and continue meaningful dialogue on the project with the public and local Indigenous Nations, including rights holders.

The technical progress achieved at Goldfields in 2025, and the fully funded program planned for 2026, reinforce the Company’s strategy of disciplined, cycle-aware advancement of a high-quality gold asset in a top-tier jurisdiction.

Technical Report & Qualified Person

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.

SOURCE Fortune Bay Corp.

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(TheNewswire)

Laurion Mineral Exploration Inc.

Toronto, Ontario TheNewswire – January 20, 2026 Laurion Mineral Exploration Inc. (TSX-V: LME | OTCQB: LMEFF | FSE: 5YD) (‘LAURION’ or the ‘Company’) is pleased to provide an update on its strategic positioning entering 2026, following a recent strategy session of the Company’s Board of Directors. LAURION’s primary focus for the year ahead is the advancement and further development of its flagship Ishkōday Project, with the objective of enhancing the positioning of the asset to support the Company’s pursuit of strategic alternatives aimed at maximizing long‑term shareholder value.

‘Our focus has always been on advancing Ishkōday through disciplined, milestone-driven execution,’ said Cynthia Le Sueur-Aquin, President and CEO of LAURION. ‘This technical direction reflects my conviction that LAURION’s strategy is sound, disciplined, and built to endure. We are no longer relying on the market to infer value — we are building it by translating technical progress and mineral property advancement into measurable project value. As the Company’s largest shareholder, with my immediate family and I holding over 30 million shares, alignment with this approach matters deeply to me.’

‘This clarity regarding LAURION’s strategic plan is intended to ensure that investors understand how the Company’s disciplined execution today improves outcomes tomorrow, while avoiding mixed signals between whether the Company is prioritizing a pursuit of strategic alternatives as compared to the technical advancement and development of Ishkōday. They are considered concurrent and complementary priorities.’

EVALUATION OF STRATEGIC ALTERNATIVES

As previously announced, LAURION has undertaken a structured strategic review process, including the establishment of a special committee (the ‘Special Committee‘) and the engagement of a network of financial and strategic advisors, to explore a range of potential strategic alternatives for the Company, which includes, among other things, assessing interest from potential acquirers and institutional investors aligned with LAURION’s long-term vision. (LAURION press releases dated November 14, 2023, April 14, 2025, September 5, 2025, October 23, 2025 and November 19, 2025.)

As part of recent strategic discussions, the Company received feedback from external advisors regarding the Company’s market positioning, timing, and next steps. These advisors noted that, while interest in high-quality Canadian gold assets exists, it remains selective. The most effective way to strengthen future strategic outcomes is through the continued technical advancement and development of the Ishkōday Project. Specifically, these advisors recommended that LAURION advance the Project toward the completion of a technical report expressing a mineral resource estimate (MRE), followed by a subsequent technical report disclosing a preliminary economic assessment (PEA), each prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (‘NI 43-101‘). Therefore, working towards these two technical milestones will be the Company’s principal focus in 2026.

While LAURION’s M&A infrastructure – comprised of its Special Committee and established network of financial and strategic advisors – remains in place and the Company continues to explore and be receptive to strategic opportunities, day-to-day management will concentrate on advancing the development of the Ishkōday Project through its next stages of technical reporting. Consistent with the guidance provided by the Company’s advisors, the advancement of the Ishkōday Project is expected to further enhance the project’s profile, quantify the merits of the project, and better position LAURION to explore strategic alternatives designed to maximize shareholder value.

FROM BROAD EXPLORATION TO STRUCTURED VALUE DEFINITION

LAURION has built an extensive geological and exploration dataset across a large, mineralized corridor at Ishkōday through a series of deliberate, strategically designed work programs. The Company has developed a structure-led, confidence-building technical program designed to support mineral resource development.

The Company’s technical focus in 2026 will be on integrating this information to identify and progressively refine coherent mineralized envelopes within priority structural corridors, using structurally informed drilling, shoot-fan patterns, and 3D domaining to convert drilling confidence into robust geological models. Near-term drilling will be designed and executed within structurally validated zones and along established plunge directions, with each hole planned to test defined geological hypotheses and contribute directly to model refinement, continuity assessment, and confidence building. This disciplined approach emphasizes data quality and geological consistency, with the objective of ensuring that technical advancement is systematic, defensible, and aligned with NI 43-101. In the Company’s view, by prioritizing technical integrity, LAURION can support near-term target generation and foster future resource growth and value recognition, as this is how the Company intends to increase the underlying value of the project in a manner consistent with how value is traditionally assessed and realized in the mining industry.

LAURION to Attend VRIC 2026

LAURION will be attending the Vancouver Resource Investment Conference (VRIC) 2026, to be held in Vancouver, British Columbia, on January 25-26, 2026. Management will be available during the conference to engage with investors and industry participants and to discuss the Company’s ongoing work at the Ishkōday Gold-Polymetallic Project, its disciplined technical approach, and its 2026 execution priorities. Participation in VRIC supports LAURION’s commitment to transparent investor engagement and clear communication aligned with its milestone-driven strategy.

Qualified Person

The technical contents of this release were reviewed and approved by Pierre-Jean Lafleur, P.Eng, a consultant to LAURION and a Qualified Person as defined by NI 43-101.

About LAURION Mineral Exploration Inc.

 

Laurion Mineral Exploration Inc. is a mid-stage junior mineral exploration company listed on the TSX Venture Exchange under the symbol LME and on the OTC Pink market under the symbol LMEFF. The Company currently has 278,716,413 common shares outstanding, with approximately 73.6% held by insiders and long-term ‘Friends and Family’ investors, reflecting strong alignment between management, the Board, and shareholders.

LAURION’s primary focus is the 100%-owned, district-scale Ishkōday Project, a 57 km² land package hosting gold-rich polymetallic mineralization. The Company is advancing Ishkōday through a disciplined, milestone-driven exploration strategy focused on strengthening geological confidence, defining structural continuity.

LAURION’s strategy is centered on deliberate value creation. The Company is prioritizing systematic technical advancement, integrated geological and structural modeling, and the evaluation of optional, non-dilutive pathways, including historical surface stockpile processing, that may support flexibility without diverting focus from core exploration objectives.

The Company’s overarching objective is to build project value before monetization, ensuring that any future strategic outcomes are supported by technical clarity, reduced execution risk, and demonstrated scale. While the Board remains attentive to strategic interest that may arise, LAURION is not driven by transaction timing. Instead, the Company is focused on advancing the Ishkōday Project in a manner that strengthens long-term shareholder value.

LAURION will continue to communicate progress through timely disclosure and will issue press releases in accordance with applicable securities laws should any material change occur.

FOR FURTHER INFORMATION, CONTACT:

Laurion Mineral Exploration Inc.

Cynthia Le Sueur-Aquin – President and CEO

Tel: 1-705-788-9186 Fax: 1-705-805-9256

 

Douglas Vass – Investor Relations Consultant

Email: info@laurion.ca

Website: http://www.LAURION.ca

Follow us on: X (@LAURION_LME), Instagram (laurionmineral) and LinkedIn ()

 

Caution Regarding Forward-Looking Information

This press release contains forward-looking statements, which reflect the Company’s current expectations regarding future events including with respect to LAURION’s business, operations and condition, management’s objectives, strategies, beliefs and intentions, the Company’s ability to advance the Ishkōday Project, the nature, focus, timing and potential results of the Company’s exploration, drilling and prospecting activities in 2026 and beyond, including the Company’s planned activities for the Ishkōday Project for the remainder of 2026, the timing of, and the Company’s ability to complete, any technical reports or milestones regarding the Ishkōday Project, and the statements regarding the Company’s exploration or consideration of any possible strategic alternatives and transactional opportunities, as well as the potential outcome(s) of this process, the possible impact of any potential transactions referenced or inferred herein on the Company or any of its stakeholders, and the ability of the Company to identify and complete any potential acquisitions, mergers, financings or other transactions referenced or inferred herein, and the timing of any such transactions. The forward-looking statements involve risks and uncertainties. Actual events and future results, performance or achievements expressed or implied by such forward-looking statements could differ materially from those projected herein including as a result of a change in the trading price of the common shares of LAURION, the TSX Venture Exchange or any other applicable regulator not providing its approval for any strategic alternatives or transactional opportunities, the interpretation and actual results of current exploration activities, changes in project parameters as plans continue to be refined, future prices of gold and/or other metals, possible variations in grade or recovery rates, failure of equipment or processes to operate as anticipated, the failure of contracted parties to perform, labor disputes and other risks of the mining industry, delays in obtaining governmental approvals or financing or in the completion of exploration, as well as those factors disclosed in the Company’s publicly filed documents. Investors should consult the Company’s ongoing quarterly and annual filings, as well as any other additional documentation comprising the Company’s public disclosure record, for additional information on risks and uncertainties relating to these forward-looking statements. The reader is cautioned not to rely on these forward-looking statements. Subject to applicable law, the Company disclaims any obligation to update these forward-looking statements. All sample values are from grab samples and channel samples, which by their nature, are not necessarily representative of overall grades of mineralized areas. Readers are cautioned to not place undue reliance on the assay values reported in this press release.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICE PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.

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