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Zohran Mamdani, New York City’s Democratic mayoral nominee, continued his ‘Five Boroughs Against Trump’ tour in Brooklyn on Tuesday, as President Donald Trump’s agenda continues to take center stage on the New York City campaign trail. 

Speaking at the Flatbush Gardens Community Center, Mamdani’s second anti-Trump event of the week was focused on housing, a hot-button issue in the New York City mayoral race as former Gov. Andrew Cuomo has spent days criticizing Mamdani’s rent-stabilized apartment in Astoria. 

‘We must remember that Andrew Cuomo has spent more time talking about my apartment than asking why so many New Yorkers are being forced out of theirs. He has spent more time criticizing me than he has in criticizing the legislation that Donald Trump has passed,’ Mamdani said on Tuesday. 

Mamdani began his week-long tour alongside Rep. Jerry Nadler, D-N.Y., in Manhattan on Monday morning. After visiting Brooklyn on Tuesday, Mamdani will travel to Staten Island on Wednesday, the Bronx on Thursday and Queens on Friday, Fox News confirmed. 

The 33-year-old self-described socialist’s tour is a rejection of the Trump administration’s sweeping second-term agenda and his so-called ‘authoritarian’ attack on working New Yorkers, with Tuesday’s event focused on housing.

‘While housing experts are ringing the alarm, Andrew Cuomo is ringing Donald Trump,’ Mamdani said. 

During Mamdani’s events on Monday and Tuesday, reporters peppered the 33-year-old socialist candidate with questions about Cuomo’s latest policy proposal – ‘Zohran’s law.’

The former governor, who lost the Democratic mayoral primary to Mamdani in June, began trolling the assemblyman over the weekend with an edited video of Mamdani admitting he pays ‘$2,300 for my one bedroom in Astoria.’

‘Rent-stabilized apartments when they’re vacant should only be rented to people who need affordable housing, not people like Zohran Mamdani,’ Cuomo told reporters in a video posted on social media

Cuomo said ‘Zohran’s law’ was designed to prevent high-income individuals from occupying rent-stabilized apartments.

But Mamdani fired back at Cuomo’s criticism on Tuesday, telling reporters, ‘It pains me to say that in our disgraced former Governor Andrew Cuomo’s mind, these units, these buildings, these tenants are but a political pawn.’

Chief among Mamdani’s now-infamous progressive policy proposals is his commitment to freezing rents. 

‘As Mayor, Zohran will immediately freeze the rent for all stabilized tenants, and use every available resource to build the housing New Yorkers need and bring down the rent,’ according to Mamdani’s campaign website. 

Mamdani has accused incumbent Mayor Eric Adams of appointing Rent Guidelines Board members to raise rents on stabilized apartments. While landlords and advocates argue the freeze would be illegal, Mamdani can accomplish this goal by appointing members to the board who wouldn’t vote to increase the rent. 

Former Mayor Bill de Blasio’s board voted to freeze the rent three times during his tenure. 

Cuomo had previously called the democratic socialist’s plan to freeze rent a ‘politically convenient posture,’ and said such a move would hurt landlords who would be ‘unable to maintain their buildings.’

As Cuomo’s fiery social media posts about Mamdani’s rent-controlled apartment made the rounds, de Blasio – who has yet to endorse a candidate in the race to run the nation’s most populous city – fired back at his former governor. 

‘I did a rent freeze and almost 2 million hard-working New Yorkers benefited. @ZohranKMamdani wants to do a rent freeze. You know who doesn’t want to do a rent freeze? @andrewcuomo, and he thinks he can trick us into forgetting that,’ de Blasio trolled on X.

During the first stop on his anti-Trump tour on Monday, Mamdani responded to Cuomo’s freshly proposed law ‘that will keep the rich out of New York’s affordable housing.’

‘What do we know about this policy proposal beyond the fact that it seeks to evict me from my apartment?’ Mamdani questioned on Monday.

‘Like so much of Andrew Cuomo’s politics, it is characterized by a petty vindictiveness. It leaves far more questions than it has answers. How many New Yorkers would this apply to? How many New Yorkers would be evicted from their apartments? How many New Yorkers would have their lives upended by a former governor who is responding to the fact that he was handily beaten by a tenant of a rent-stabilized apartment?’ Mamdani asked. 

‘I live rent-free in his head,’ Mamdani trolled Cuomo, arguing that he had many years to implement such policies as governor but is now only focused on trying to reckon with a ‘political defeat.’ 

Soon after Mamdani’s criticism, the Cuomo campaign unveiled his proposal to protect rent-stabilized apartments from being occupied by high-income individuals. 

‘Under Cuomo’s proposal, when a rent-stabilized apartment becomes vacant, the incoming individual income would be capped so that the annual rent makes up at least 30 percent of that income. For example, if an apartment rents for $2,500 a month ($30,000 per year), the new tenant’s income could not exceed $100,000,’ according to the plan. 

The Cuomo campaign also clarified that ‘Zohran’s law’ would only apply to vacant apartments. 

Mamdani poured cold water on Cuomo’s plan during the press conference on Tuesday, telling reporters, ‘What is so absurd to me about Andrew Cuomo’s proposal is that it wouldn’t even apply to me. The way that he has put forward this language does not actually apply to me, and yet he uses my name in it.’

When reached for comment regarding Mamdani’s anti-Trump tour, White House spokeswoman, Abigail Jackson, told Fox News Digital, ‘Comrade Mamdani is the American people’s worst nightmare. His communist policies will crater our economy, increase crime, crowd out Americans with free health care for illegal immigrants, and defund the brave men and women of law enforcement who keep us safe.’

The White House added that ‘Mamdani’s idea of ‘immigration reform’ is no borders and amnesty for all the violent criminal illegal aliens that Joe Biden released into our country. The American people have repeatedly rejected this Communist agenda and the more Mamdani shares his radical policies, the more the American people will recoil.’ 

Fox News’ Marly Carroll and Bryan Llenas contributed to this report. 


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Brunswick Exploration Inc. (TSX-V: BRW, OTCQB: BRWXF; FRANKFURT:1XQ; ‘ BRW ‘ or the ‘ Company ‘) is pleased to announced that it has identified the country’s largest spodumene pegmatite trend. The discovery of multiple new spodumene-bearing pegmatites significantly expands the Ivisaartoq lithium pegmatite field, which was discovered last year on the Nuuk license. This major trend now extends over a strike length of approximately 2 kilometres.

‘The discovery of this two-kilometre by three-hundred-metre area of spodumene bearing dykes is a testament to BRW’s systematic and efficient approach,’ said Killian Charles, BRW’s President and CEO. ‘I would like to personally thank the BRW team, Xploration Services Greenland A/S, the Geological Survey of Denmark and Greenland, and the Greenland Mineral Resource Authority for their dedication and support.’

This exploration success reflects the Company’s consistent, systematic approach to exploration and Brunswick Exploration is currently designing and evaluating the opportune time to begin a comprehensive drill campaign at Ivisaartoq.

Ivisaartoq Discovery Expansion

BRW has now identified a minimum of eight pegmatite outcrops that occur within a corridor measuring approximately 2,000 meters long by 300 meters wide, which remains open in all directions. This spodumene corridor is within a larger, highly favorable, geochemically anomalous envelope measuring roughly 3 kilometers by 1.5 kilometers. This envelope contains numerous additional, highly fractionated pegmatites. The company believes that there is potential to host additional spodumene pegmatites at surface and at depth within the aforementioned corridor, the larger geochemically anomalous envelope as well as the entire south Ivisaartoq belt, which measures roughly 20 kilometers in strike (see news release October 30, 2024).

The surface expression of the spodumene outcrops range in size from roughly 5 to 400 meters in length and 2 to 40 meters in width. The lithium mineralization is predominantly spodumene which varies from sparse to up to 50%, containing white and pale green crystals that range in size from 1 to 40 centimeters. Other minor lithium bearing minerals include holmquistite in the host rocks, elbaite, as well as lepidolite. The Company is already planning an inaugural drill campaign for Ivisaartoq to test the newly discovered outcrops.

Spodumene mineralization at the newly discovered outcrops was confirmed by both pXRF and LIBS units. Grab and channel samples are being sent for analysis to ALS in Dublin, Ireland, and thin section samples will be prepared and examined for mineralogical understanding. The size, orientation and overall grade of the pegmatite outcrops will be better established as the drill campaign progresses.

Figure 1: Ivisaartoq Spodumene Trend

Brunswick Exploration

Figure 2: One of the 2025 Spodumene Discovery Outcrops. Helicopters for Scale.

Brunswick Exploration

Figure 3: Spodumene at one of the 2025 Discovery Outcrops

Brunswick Exploration

Qualified Person

The scientific and technical information related to this press release has been reviewed and approved by Mr. Charles Kodors, Manager, International Projects. He is a Professional Geologist registered in New Brunswick, Newfoundland and Quebec.

About Brunswick Exploration

Brunswick Exploration is a Montreal-based mineral exploration company listed on the TSX-V under symbol BRW. The Company is focused on grassroots exploration for lithium in Canada, a critical metal necessary to global decarbonization and energy transition. The company is rapidly advancing its extensive grassroots lithium property portfolio in Canada and Greenland.

Investor Relations/information

Mr. Killian Charles, President and CEO ( info@BRWexplo.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

Cautionary Statement on Forward-Looking Information

This news release contains ‘forward-looking information’ within the meaning of applicable Canadian securities legislation based on expectations, estimates and projections as at the date of this news release. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, delays in obtaining or failures to obtain required governmental, environmental or other project approvals; uncertainties relating to the availability and costs of financing needed in the future; changes in equity markets; inflation; fluctuations in commodity prices; delays in the development of projects; the other risks involved in the mineral exploration and development industry; and those risks set out in the Corporation’s public documents filed on SEDAR at www.sedar.com. Although the Corporation 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 Corporation disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Photos accompanying this announcement are available at:
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https://www.globenewswire.com/NewsRoom/AttachmentNg/3ecca867-4c95-4187-babd-18fca2de3823
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International Lithium Corp. (TSXV: ILC,OTC:ILHMF) (OTCQB: ILHMF) (FSE: IAH) (the ‘Company’ or ‘ILC’) is pleased to announce a non-brokered private placement (the ‘Offering’) of up to 66,666,667 common shares at CAD $0.015 per share to raise gross proceeds of up to $1,000,000. The Company may pay finders fees on a portion of the placement.

Proceeds of the private placement will be used partly to allow the Company to invest in growing its Southern African and Canadian operations and partly for general working capital purposes. Payments to persons conducting Investor Relations activities are expected not to exceed 10% of the proceeds.

Closing of the Offering is subject to acceptance by the TSX Venture Exchange. All securities issued in connection with the Offering will be subject to a four-month hold period from the date of issuance under applicable Canadian securities laws.

It is anticipated that some directors and insiders will participate in this Offering. The issue of shares (to the extent subscribed for by insiders) constitute ‘related party transactions’ pursuant to Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (‘MI 61-101’), as the subscribers include directors of the Company. The Company is exempt from the requirements to obtain a formal valuation or minority shareholder approval in connection with the shares in reliance on the exemptions contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101, respectively, as the fair market value of the shares does not exceed 25% of the Company’s market capitalization.

The Company has now closed its non-brokered private placement originally announced on February 5, 2025. Under the terms of the private placement, the Company on March 31, 2025, issued 23,666,666 common shares at $0.015 per share, raising gross proceeds of $355,000. Closing of the private placement is subject to acceptance by the TSX Venture Exchange. No fees were payable on the transaction, and the payments to persons conducting Investor Relations Activities were not more than 10% of the proceeds. The proposed payments from the proceeds included $183,600 to pay outstanding fees to non-arm’s length creditors.

About International Lithium Corp.

International Lithium Corp. has exploration activities in Ontario, Canada, with intentions to expand into Southern Africa. It has projects at various stages, ranging from Preliminary Economic Assessment at Raleigh Lake to Pre-Drilling at Wolf Ridge. The primary target metals in Canada are lithium, rubidium and copper. There are three projects (two in Ontario and one in Ireland) in which ILC has sold its share but where we stand to receive future payments from either a resource milestone being achieved or from a Net Smelter Royalty.

While the world’s politicians are currently divided on the future of the energy market’s historic dependence on oil and gas and on ‘Net Zero’, there seems to be a clear and unstoppable momentum towards electric vehicles, solar power and electric battery storage, all of which contribute to rising demand for lithium. Rubidium is increasingly seen as a valuable critical metal that is strategic for high-precision clocks and for space technology. Copper has many historical uses, but demand is projected to be sharply higher as more data centres are required for AI. We have seen the clear and increasingly urgent wish by the USA, Canada, and other major economies to safeguard their supplies of critical metals and to become more self-sufficient. Our Canadian projects, which contain lithium, rubidium and copper, are strategic in that respect.

Our key mission for the next decade is to generate revenue for our shareholders from lithium and other battery metals, as well as rare metals, while also contributing to the creation of a greener, cleaner planet and less polluted cities.

This includes optimizing the value of our existing projects in Canada as well as finding, exploring and developing projects that have the potential to become world-class deposits. We have separately announced that we regard Southern Africa as a key strategic target market for ILC and that we have applied for and hope to receive EPOs in Zimbabwe. We hope to make further announcements on the portfolio developments over the next few weeks and months.

The Company’s interests in various projects now consist of the following, and in addition, the Company continues to seek other opportunities:

Name Metal Location Stage Area in 
Hectares
Current Ownership Percentage Future Ownership % if options exercised and/or residual interest Operator or 
JV Partner
Raleigh 
Lake
Lithium
Rubidium
Ontario Dec 2023 : PEA for Li completed Apr 2023 Maiden Resource Estimates for Li and Rb 32,900 100% 100% ILC
Firesteel Copper
Cobalt
Ontario Aeromagnetics and Drilling started mid 2024 6,600 90% 90% ILC
Wolf 
Ridge
Lithium Ontario Pre-Drilling 5,700 0% 100% ILC
Mavis 
Lake
Lithium Ontario May 2023
Maiden Resource Estimate
2,600 0% 0%
(carries an extra earn-in payment of AUD$ 0.75 million if resource targets met)
Critical Resources Ltd 
Avalonia Lithium Ireland Drilling 29,200 0% 0%
2.0% Net Smelter Royalty
GFL Intl Co Ltd (owned by Ganfeng Lithium Group Co.Ltd)
Forgan/
Lucky Lakes
Lithium Ontario Drilling 0% 0%
1.5% Net Smelter Royalty
Power Minerals Ltd 

 

The Company’s primary strategic focus at this point is on the Raleigh Lake Project, comprising lithium and rubidium, and the Firesteel copper project in Canada, as well as obtaining EPOs and mineral claims in Zimbabwe.

The Raleigh Lake Project now encompasses 32,900 hectares (329 square kilometres) of mineral claims in Ontario and represents ILC’s most significant project in Canada. To date, drilling has occurred on less than 1,000 hectares of our claims. A Preliminary Economic Assessment was published for ILC’s lithium at Raleigh Lake in December 2023, with a detailed economic analysis of ILC’s separate rubidium resource still pending. Raleigh Lake is 100% owned by ILC, free from any encumbrances and royalties. The Raleigh Lake Project boasts excellent access to roads, rail, and utilities.

A continuing goal has been to remain a well-funded company to turn our aspirations into reality. Following the disposal of the Mariana project in Argentina in 2021, the Mavis Lake project in Canada in 2022, and the Avalonia project in 2024, ILC continues to achieve sufficient inward cash flow to be able to make progress with its exploration projects.

With the increasing demand for high-tech rechargeable batteries used in electric vehicles, electrical storage, and portable electronics, lithium has been designated ‘the new oil’ and is a key part of a green energy, sustainable economy. By positioning itself with projects that have significant resource potential and solid strategic partners, ILC aims to be one of the preferred lithium and rare metals resource developers for investors and to continue building value for its shareholders for the rest of the 2020s, the decade of battery metals.

On behalf of the Company,

John Wisbey
Chairman and CEO
www.internationallithium.ca

For further information concerning this news release, please contact +1 604-449-6520 or info@internationallithium.ca or ILC@yellowjerseypr.com.

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

Cautionary Statement Regarding Forward-Looking Information

Except for statements of historical fact, this news release or other releases contain certain ‘forward-looking information’ within the meaning of applicable securities law. Forward-looking information or forward-looking statements in this or other news releases may include: the timing of completion of any offering and the amount to be raised, the time when the Company will receive the remaining consideration payable by Ganfeng for the Avalonia Project, the effect of results of anticipated production rates, the timing and/or anticipated results of drilling on the Raleigh Lake or Firesteel or Wolf Ridge projects, the expectation of resource estimates, preliminary economic assessments, feasibility studies, lithium or rubidium or copper recoveries, modeling of capital and operating costs, results of studies utilizing various technologies at the company’s projects, the Company’s budgeted expenditures, future plans for expansion in Southern Africa and planned exploration work on its projects, increased value of shareholder investments in the Company, the potential from the company’s third party earn-out or royalty arrangements, the future demand for lithium, rubidium and copper, and assumptions about ethical behaviour by our joint venture partners or third party operators of projects or royalty partners. Such forward-looking information is based on assumptions and subject to a variety of risks and uncertainties, including but not limited to those discussed in the sections entitled ‘Risks’ and ‘Forward-Looking Statements’ in the interim and annual Management’s Discussion and Analysis which are available at www.sedar.com. While management believes that the assumptions made are reasonable, there can be no assurance that forward-looking statements will prove to be accurate. Should one or more of the risks, uncertainties or other factors materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking information. Forward-looking information herein, and all subsequent written and oral forward-looking information are based on expectations, estimates and opinions of management on the dates they are made that, while considered reasonable by the Company as of the time of such statements, are subject to significant business, economic, legislative, and competitive uncertainties and contingencies. These estimates and assumptions may prove to be incorrect and are expressly qualified in their entirety by this cautionary statement. Except as required by law, the Company assumes no obligation to update forward-looking information should circumstances or management’s estimates or opinions change.

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE 
UNITED STATES

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Senate Democrats have undergone a steady tonal shift on Israel, with a recent vote to block arms sales to the Jewish State giving a glimpse at the evolution on the Hill.

More Democrats in the upper chamber than ever before voted alongside Sen. Bernie Sanders, I-Vt., to halt the $675 million sale of thousands of bombs and guidance kits for the bombs and to block the sale of automatic rifles to Israel.

Sanders’ push ultimately failed late last month, but over half of all Senate Democrats voted alongside him, with many voting with him for the first time. Meanwhile, all Senate Republicans voted against them.

‘The tide is turning,’ Sanders, who routinely caucuses with Democrats, said in a statement. ‘The American people do not want to spend billions to starve children in Gaza. The Democrats are moving forward on this issue, and I look forward to Republican support in the near future.’

Getting Republicans on board for future attempts, as Sanders hoped would happen, is a stretch at best.

‘Republicans stand with Israel,’ Senate Foreign Relations Committee Chair Jim Risch, R-Idaho, told Fox News Digital in a statement.

‘Senator Sanders’ resolution to block arms sales would have reinstated the failed policies of the Biden administration and would abandon America’s closest ally in the Middle East,’ he continued. ‘We can’t afford to go back there.’

But the change within the Democratic caucus was likely spurred by the release of photos of starving children in the Gaza Strip, which earned shocked reactions from both lawmakers and President Donald Trump.

Many Democrats have pinned the blame on Israel and argued that the Jewish state has put a chokehold on aid that is meant for civilians in Gaza, while Republicans contend that the terrorist organization Hamas is stealing the food.

‘What’s going on is unacceptable, and Israel has the power to fix it,’ Sen. Angus King, I-Maine, told Fox News Digital.

Like Sanders, King typically caucuses with Senate Democrats. But unlike his fellow Independent colleague, he has routinely stood firm in his support of Israel. But the photos and reports of widespread malnutrition prompted him to vote to block arms sales.

‘Israel’s the one that’s not letting the aid get in,’ he said. ‘The humanitarian response is entirely within Israel’s hands, and they’ve been blocking, slowing, starting and stopping, to the point where I just could no longer stand silent.’

And like King, Sen. Jean Shaheen, the top ranking Democrat on the Senate Foreign Relations Committee, changed course and voted in favor of blocking arms sales out of concern that food aid was not making its way to Palestinians.

‘I think it’s important to send the message to Prime Minister [Benjamin] Netanyahu and his government that things need to change,’ the New Hampshire Democrat said in an interview with PBS Newshour.

But Republicans charged that it was not Israeli Prime Minister Benjamin Netanyahu’s fault that food aid was not making its way into Gaza, and instead believed that it was Hamas stealing the food.

Sen. John Kennedy, R-La., said that Israel wants to make sure that the food aid actually makes it to civilians in Hamas.

‘Israel and the US have cut out, cut off most of Hamas’ cash flow,’ Kennedy said. ‘And a lot of their cash flows depends on stealing the food and selling it, sometimes to their own people, absorbing the prices.’

And not every Senate Democrat is on the same page when it comes to their position on the Jewish State.

Sen. John Fetterman, D-Pa., has routinely slammed Democrats for criticizing Israel, and believed that his party was moving further away from his position.

‘What I really fundamentally believe, there’s been a wholesale shift, even within my party, to blame Israel for the situations and the circumstances overall,’ Fetterman told Fox News Digital. ‘And I don’t really understand. It’s like we’ve seen the same pictures and, of course, what’s happened in Gaza is devastating.’

‘But so, for me, I blame Hamas and Iran,’ he continued. ‘And I don’t know why there’s not like a collective global outrage.’


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Nuvau Minerals Inc. (TSXV: NMC) has begun its minimum 1,500 m drill program aimed at testing continuity and extensions to the orogenic gold system discovered last month. The discovery was made with the first hole drilled of an inaugural gold-focused exploration program, in the footwall of the Bracemac-McLeod Mine approximately 200 m below surface. The follow-up program is being drilled immediately north east of this base metal mine, which was in production until mid 2022.

The Matagami Property is in the northern Abitibi Region of Quebec, one of the world’s most prolific gold endowed districts. This northern part of the Abitibi region includes Canada’s largest gold producing mine with the country’s largest gold mineral reserves: the Detour Lake Mine owned by Agnico Eagle Mines Limited. Hecla Mining Company’s Casa Berardi Mine, which has produced over 3 million ounces of gold, is located to the southwest of the Matagami Property (see Figure 1 below).

While the Abitibi’s first recorded gold discovery was 119 years ago in Rouyn-Noranda, the Matagami Property remains one of the largest areas in the region that has not been subject to a gold focused exploration program. Previous owners were concentrating on defining and developing multiple VMS deposits into multiple mines that produced extensive copper and zinc for more than 60 years. This was one of the primary opportunities Nuvau identified when it entered into the agreement to acquire the Property from Glencore. The Company recently began compiling gold related historic data, as well as launching several gold-focused initiatives (including till sampling) aimed at defining initial targets for drilling.

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Figure 1: Matagami property location

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Nuvau’s current gold-focused exploration program has identified three initial priority targets:

  1. Bracemac Footwall Discovery
  2. Gold-in-Till Anomaly Target
  3. Thunder Mine (1988) Target

The map below shows the location of these three targets (Figure 2). The vast majority of this 1,300 km2 land pack remains open for gold exploration.

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Figure 2: Current gold targets

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1. Bracemac Footwall Discovery

The recent discovery of gold mineralization in the footwall of the Bracemac Mine is located only 25 m from the access ramp of this permitted mine. The steeply dipping, strong shear zone structure with quartz veining mineralized with pyrite and locally visible gold was intersected at a depth of approximately 200 m. The visible gold was observed over approximately 0.5 m of core and assays are still pending on the discovery hole, BRCG-25-001.

Although located within the immediate footwall of the past-producing Bracemac-McLeod mine, the mineralized structure occurs in a late intrusive that truncated the mine host rock units (see Figure 3). The intrusive has seen very little drilling as the stratigraphy was not of interest for VMS exploration.

The follow up drill program is now underway to continue to step-out both up and down dip, and along strike, to test continuity of mineralization within the structural corridor as well as providing critical data on the dip and strike of the vein.

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Figure 3: Past producing Bracemac-McLeod Mine and relative position of gold target drilled (left); schematic of the stratigraphy (right)

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Figure 4: Visible gold found in more than 30 gold chips identified in logging the core

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2. Gold-in-Till Anomaly Target

As part of Nuvau’s target generative exploration program, an overburden (till) drilling program was launched in 2023. This program resulted in the discovery of significant gold-in-till mineralization that was announced on March 4, 2025.

From the 2023 sonic drill program, hole PD-23-030s produced a notable gold grain anomaly detected at a depth of between 29.26 to 29.87 m in the overburden and featured more than 2,000 gold grains per 10 kg of material. In addition, a near-contiguous sample with 295 gold grains per 10 kg of material between 31.12 to 32.00 m was also encountered with the interval between consisting of a large locally derived boulder. Based on the almost pristine nature of the gold grains, and their close proximity to the bottom of the hole, the source is expected to be relatively close to this hole. (See images of gold grains below in Figure 5.)

To assist in defining targets in this area, a detailed drone MAG survey was completed. The limited rock outcrops were also mapped recently and together with the MAG data, a drill program is being designed for later this year. The objective of this drill program will be to gain a better understanding of the local geological structures and to test for the potential source of the extensive gold grains.

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Figure 5: Mosaic of backscattered electron images of gold grain

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Notice the delicate textures and silicate attachments. LEFT: Image of 230 gold grains found in sample 155320186, hole PD-23-030s, RIGHT: Image of 112 gold grains found in adjacent sample 155320187.

3. Thunder Mine (1988) Target

The Thunder Mine property was acquired by Nuvau in 2023 for its potential for both base metal and gold mineralization. In 1988, Thunderwood Exploration Ltd. drilled a series of holes as follow-up to a 1959 hole that intersected copper mineralization (see Figure 6).

This follow-up program identified multiple gold-bearing structures; however, no subsequent follow-up work was completed. Highlight intercepts from the available public domain report include the following:

  • DT-14-88: 209.00 – 209.80 m (0.80 m) @ 26.40 g/t Au.
  • DT-10-88: 205.00 – 206.00 m (1.00 m) @ 78.16 g/t Au.
  • DT-18-88: 100.80 – 107.30 m (6.50 m) @ 1.55 g/t Au, incl.: 0.30 m @ 4.89 g/t Au.
  • DT-19-88: 226.00 – 231.00 m (5.0 m) @ 2.27 g/t Au, Incl.: 0.50 m @ 10.39 g/t Au.
  • DT-20-88: 136.80 – 137.10 m (0.30 m) @ 10.37 g/t Au and 204.50 – 205.00 m (0.50 m) @ 6.48 g/t Au.
  • DT-21-88: 310.50 – 319.90 m (9.40 m) @ 4.02 g/t Au, incl.: 0.70 m @ 42.03 g/t Au and 0.70 m @ 7.30 g/t Au.

These results been extracted from historical information, and are not compliant with NI 43-101. The original results are available via GESTIM, GM 48216, and GM 08790 at the following links:

    Thunder mine drilling is planned as part of Nuvau’s winter drilling program in Q1 2026.

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    Figure 6: Thunder Mine Past drilling

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    About Nuvau Minerals Inc.
    Nuvau is a Canadian mining company focused on the Abitibi Region of mine-friendly Québec. Nuvau’s principal asset is the Matagami Property that is host to significant existing processing infrastructure and multiple mineral deposits and is being acquired from Glencore.

    Qualified Person and Quality Assurance
    Bastien Fresia P. Geo. (Qc), Technical Services Director of Nuvau and a ‘qualified person’ as is defined by National Instrument 43-101, has verified the scientific and technical data disclosed in this news release, and has otherwise reviewed and approved the scientific and technical information in this news release.

    Drill core samples are sawn by staff technicians to create half core splits. One split is retained in the drill core box for archival purposes with a sample tag affixed at each sample interval and the other split is placed in a labelled plastic bag along with a corresponding sample number tag and placed in the shipment queue.

    Quality control samples including blind certified reference material (‘CRM’), blank material, and core duplicates are inserted at a frequency of 1 in every 20 samples and sample batches of up to 60 samples were then shipped directly by Nuvau personnel to the ALS Canada Ltd. preparation laboratory in Rouyn-Noranda, Québec.

    All submitted core samples are crushed in full to 95 % passing less than 2 mm (ALS code CRU-32). A 1000-gram sample was then riffled split from the crushed material and pulverized to 90 % passing 75 μm (SPL-22 and PUL-32a). Pulps are shipped from the preparation laboratory to ALS Canada Ltd.’s analytical lab in North Vancouver, British Columbia, for assay.

    Lead, silver, copper and zinc analyses were determined by ore grade four acid digestion with an inductively coupled plasma atomic emission spectroscopy (‘ICP-AES’) or atomic absorption spectroscopy (‘AAS’) finish (ALS codes Pb-OG62, Ag-OG62, Cu-OG62 and ZnOG62), whereas gold was determined by 50 g fire assay analysis with an AAS finish (code Au-AA23).

    ALS Canada Ltd. is an accredited, independent commercial analytical firm registered to ISO/IEC 17025:2017 and ISO 9001:2015.

    For further information please contact:
    Nuvau Minerals Inc.
    Peter van Alphen
    President and CEO
    Telephone: 416-525-6023
    Email: pvanalphen@nuvauminerals.com

    Cautionary Statements
    This news release contains forward-looking statements and forward-looking information (collectively, ‘forward-looking statements’) within the meaning of applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as ‘may’, ‘should’, ‘anticipate’, ‘will’, ‘estimates’, ‘believes’, ‘intends’ ‘expects’ and similar expressions which are intended to identify forward-looking statements. More particularly and without limitation, this news release contains forward-looking statements concerning drill results relating to the Matagami Property, the results of the PEA, the potential of the Matagami Property, the timing and commencement of any production, the restart of the Bracemac-McLeod Mine, the completion of the earn-in of the Matagami Property and the timing and completion of any technical studies, feasibility studies or economic analyses. Forward-looking statements are inherently uncertain, and the actual performance may be affected by a number of material factors, assumptions and expectations, many of which are beyond the control of the Company, including expectations and assumptions concerning the Company and the Matagami Property. Readers are cautioned that assumptions used in the preparation of any forward-looking statements 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. Readers are further cautioned not to place undue reliance on any forward-looking statements, as such information, although considered reasonable by the management of the Company at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated.

    The forward-looking statements contained in this news release are made as of the date of this news release, and are expressly qualified by the foregoing cautionary statement. Except as expressly required by securities law, neither the Company nor Nuvau undertakes any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise.

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

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    To view the source version of this press release, please visit https://www.newsfilecorp.com/release/262123

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    In a lengthy and beautifully crafted address on Independence Day, July 4, 1821, then-President John Quincy Adams delivered an extraordinarily detailed and learned lesson on the founding of America. It’s one that still deserves repeated and close reading — though much of it will simply not be understood by most Americans today, for it is dense in references to history no longer taught widely in the United States. 

    Adams’ most memorable sentences are often quoted:

    ‘[America] has, in the lapse of nearly half a century, without a single exception, respected the independence of other nations while asserting and maintaining her own. She has abstained from interference in the concerns of others, even when the conflict has been for principles to which she clings, as to the last vital drop that visits the heart. She has seen that probably for centuries to come, all the contests of that Aceldama the European world, will be contests of inveterate power, and emerging right. Wherever the standard of freedom and Independence, has been or shall be unfurled, there will her heart, her benedictions and her prayers be. But she goes not abroad, in search of monsters to destroy. She is the well-wisher to the freedom and independence of all. She is the champion and vindicator only of her own. She will recommend the general cause by the countenance of her voice, and the benignant sympathy of her example.’

    The declamation that America ‘goes not abroad in search of monsters to destroy’ is a favorite text of both the pre-World Wars One and Two isolationists in America, but of course both global conflicts reached out and drew the United States into them. 

    Now, far, far more than in 1917 and 1941, the assumptions of our sixth president simply no longer apply. 

    There is no longer any ‘abroad.’ 

    The idea of an ‘abroad’ about which Americans could be either indifferent or at most the subject of a distant approval or remote scorn, is dead.

    To repeat: There is no such thing as ‘abroad.’ 

    Not even remotely. 

    What remained of the concept after Pearl Harbor was shattered by Sputnik in 1957, and then by successive generations of missile technology.  With the rise of hypersonic missiles only fools would believe that there is an ‘abroad’ anywhere on the globe that the United States can disregard. 

    Dan Hoffman: Putin doesn

    Beijing’s hypersonic arsenal can reach Washington, D.C. in two hours or less, and that margin is going to shrink rapidly. Russia’s hypersonic missiles can reach the lower 48 even sooner and Alaska in a blink. 

    Other nations will inevitably add to the number of potential adversaries that can change the world via hypersonic missilery and wreck enormous, perhaps Republic-ending damage on the country. 

    Of course, America possesses a ‘second strike’ capability deep under the seas in our Ohio-class submarines, and even an enormous fusillade of thousands of hypersonic missiles would be unlikely to cripple all of our B-2s and B-21s or ever missile silo. The United States would take down with it all of the evil powers that combined to strike it first, just as it did from 1941 to 1945. 

    But there would be no ‘Marshall Plan’ waiting for anyone or any country on the other side of such an unimaginable catastrophe. Thus it must be deterred. Deterrence is only accomplished by the reality of American military power and the military power of the allies on which it can rely.

    To repeat a third time: There is no ‘abroad.’ 

    This very dangerous word will only grow more so with the years. President Trump’s decision to destroy the Iranian nuclear weapons program alongside Israel’s blows against that fanatical theocracy’s ballistic missile capability shielded the entire world from the most unstable and terror-addicted regime in the world obtaining the ability to threaten all of the West and beyond with Armageddon. 

    For a time, at least, the precise and purposeful application of American military force to the missile and nuclear arsenal of an enemy on the brink of ‘breakout’ kept the number of nuclear powers stable. 

    Bravo, President Trump and Prime Minister Benjamin Netanyahu. Whatever criticisms come their way on whatever other subject, the most important mission of their careers is complete. (Though both men may be obliged by the fanatics in Tehran to do it again.)

    The West still has enemies, of course, and the most formidable one is the Chinese Communist Party that dominates the People’s Republic of China, and its ruthless leader, Xi Jinping. Xi and the CCP are followed in second place by Xi’s equally ruthless if not quite as powerful ally in Putin’s Russia, not to mention the unstable nuclear powers of North Korea and Pakistan. 

    The West’s nuclear arsenal —distributed among our allies Great Britain and France and especially alongside that of Israel and our sometimes friend India— combines with our own prodigious, yet in-need-of-modernization nuclear arsenal to hold the most dangerous enemies at bay. 

    There are only four actual superpowers in the world —the quartet of nations that can project nuclear power far beyond their borders and which possess intelligence and espionage capabilities that are unmatched except by each other’s capabilities: The United States and Israel on the side of the West and the PRC and Russia on the side of despotism. All others in the ‘nuclear club’ have limitations imposed by their own chaotic domestic politics or lack of deliverable firepower and the will to use it. 

    That’s national security realism in a nutshell. 

    When two of the leaders of any of these four nations meet, it is a significant occasion. It is a very good thing that President Trump and Prime Minister Netanyahu have met three times in 2025 and have spoken far more frequently than that. 

    Xi and Putin have only met in person twice in this year, but their ‘partnership’ is very close even though Xi is to Putin as Trump is to Netanyahu: the senior partners to their powerful but not nearly as powerful junior partners. 

    This is the basic geopolitical structure of the world and only with that understanding of reality can analysts judge what President Trump gets out of his meeting with the Russian tyrant this week —if anything is even made public afterward. It will take months, if not years, to assess what happens this week. 

    Putin has attempted to play every American president since Bill Clinton, sometimes successfully, sometimes fooling them only for a time. The temptation to ‘strike a deal’ with Putin is the same as the apple on the forbidden tree in Genesis. That way lies ruin. But sizing up the tree and the apple at close range can have benefits. 

    President Trump has met with Putin six times prior to this week and has spoken with him often. The real estate developer-turned-television force-turned president has as much of the skills set anyone could have to deal with such a stone-cold killer as Putin. Trump survived not just two assassination attempts in 2024 but years of lawfare preceded by the plots of the permanent left embedded in our vast administrative state during his first term. 

    Trump is as tough and as resilient as any president since Richard Nixon. There will be no hot mic whisperings of weakness, nor will there be blunt assessments spoken like that of former Vice President Dick Cheney: ‘[W]hat I see [in Putin is] a KGB colonel.’

    Trump is a realist, just like his friend of old from New York in the 1980s and early 1990s, RN. Trump is as tough as W standing in the ruins of the Twin Towers, as tough as the genuine war hero H.W., as tough as Reagan, Ford and Ike. 

    If Trump can bring an end to the savagery underway in Ukraine on terms acceptable to President Zelensky, it will be an achievement greater than his interventions to stop the hostilities between India and Pakistan, the Democratic Republic of the Congo and Rwanda, Thailand and Cambodia and last week’s peace agreement between Armenia and Azerbaijan.   

    Trump’s destruction of the Iranian nuclear program is the biggest building block of his legacy, rivaled only by the Abraham Accords.  If he can bring a ceasefire to Central Europe that is acceptable to our allies and the Ukrainian people, it will be the third pillar of his legacy, with the fourth —the rebuilding of the American military into so potent a force that no one, not even China’s Xi, dares to risk a confrontation with us— as his fourth. On top of those four pillars can rest an era of prosperity and renewed American growth and innovation. 

    If anyone is hoping for the president to fail in this endeavor as described, they are not patriots but partisans blind to the realities of the world. There are a lot of those sorts of partisans in the U.S., and increasingly our NATO allies are showing themselves to be unreliable. 

    Tammy Bruce: Putin peace talks

    Like it or not, the near-term security prospects of the West rest on Trump, and serious people must prefer that to the infirmities of President Biden or the illusions of President Obama. 

    Trump has confidence in his own abilities and serious analysts of realpolitik should too. At this point, after ‘Midnight Hammer’ and the other ceasefires, after all of the decade since he came down the escalator, there is very good reason to believe he can achieve as much as any other American at the table with Putin. Anyone hoping for his failure should assess their own mental health. It is in the interests of everyone on the planet that knows no ‘abroads’ that stability break out everywhere, beginning in Alaska this week. 


    This post appeared first on FOX NEWS

    The cascading events of the 2008 global recession, and a bipartisan $700 billion bailout of US banks, sparked a cultural backlash known as the Tea Party movement. This grassroots affiliation then swelled in opposition to more large‑scale government intervention, most notably the Patient Protection and Affordable Care Act, better known as Obamacare.

    Two years later, the 2010 midterm elections proved a turning point: Republicans, branded as Tea Party supporters, won back 63 House seats and six Senate seats, the largest shift in Congress since 1948. By 2016, then‑presidential candidate Donald Trump was praising the movement: “The tea party people are incredible people. These are people who work hard and love the country.” 

    Roughly a decade later, the Republican Party no longer champions small government or a laissez‑faire economy. Once the self‑proclaimed guardians of limited government, today’s GOP embraces state control across multiple fronts: steering corporate investment, micromanaging trade, spending without restraint, and ignoring entitlement insolvency. It is no isolated drift — it is a wholesale realignment toward big‑government nationalism. As Star Wars warned: “So this is how liberty dies…with thunderous applause.”

    Nowhere is the GOP’s break with small‑government ideals more visible than in its willingness to dictate where and how America’s largest companies invest. Apple announced plans to invest $500 billion to expand manufacturing and AI server production across the United States. The firm originally desired to expand its footprint in India, avoiding the geopolitical squeeze of US–China tensions. The President responded to this news: “I had a little problem with Tim Cook yesterday. ‘You’re coming here with $500 billion, but now I hear you’re building all over India. I don’t want you building in India.’”

    Apple isn’t alone; Google and Nvidia are making similar US‑focused investments. Alongside these investments came the AI Action Plan, declaring, “Winning the AI race will demand a new spirit of patriotism and national loyalty in Silicon Valley and long beyond Silicon Valley.” But does AI truly need a patriotism push?

    As high‑tech firms show they can be corralled into government‑approved investment, the same heavy hand is now reaching into America’s old‑line industries. Last year, the proposed US Steel–Nippon Steel merger became a political flashpoint not because it threatened consumers or competition, but because the buyer was foreign. Instead of letting the merger proceed, the government prohibited the action and only let Nippon invest in US Steel. Nippon also granted the US government a “golden share” in the firm. As the Cato Institute’s Scott Lincicome argues, “The Trump administration’s ‘golden share’ control of a wide array of US Steel’s domestic business activities should be seen as a de facto nationalization of the company, given what we know about the new relationship and the very standards pushed by the US government in related contexts.” The loser in acquiring US Steel, Cleveland Cliffs, applauded Donald Trump’s June 4 decision to raise steel tariffs from 25 percent to 50 percent, as their stock rose 33 percent that same day. 

    Rather than trust markets to allocate capital, Washington now treats investment and ownership as matters for political control. It is one more example of the right abandoning free‑market principles in favor of economic nationalism.

    The same instinct to manage markets from Washington now drives US trade policy, with results just as costly and counter‑productive. The US government slapped a sweeping 50-percent tariff on semi‑finished copper items, such as pipes, wires, rods, sheets, and high‑copper derivative goods like electrical cables, while cathodes, scrap, ores, and concentrates were explicitly exempted. This policy, justified under national security provisions, immediately roiled the copper market: US copper futures plunged over 20 percent in a single day, erasing prior arbitrage premiums and revealing that approximately 45 percent of US copper needs now fall under the new levy. 

    Tariff threats first targeted steel and automobiles; however since “Liberation Day,” imports have plunged nearly 20 percent. Deutsche Bank concluded that some American firms were eating the tariff costs and accepting smaller margins. But global head of FX research, George Saravelos, told Bloomberg, ‘The top-down macro evidence seems clear: Americans are mostly paying for the tariffs.’

    In the classic pattern of political hubris — the government breaks your legs, then sells you crutches — lawmakers now want to hand you a check to offset these self‑inflicted costs. 

    Republican Senator Hawley, the architect behind the American Worker Rebate Act, desires to redistribute tariff revenues to taxpayers, a true fiscal mess in which government extracts money from consumers in order to give it back to them.  Have we forgotten the failed Modern Monetary Theory (MMT) experiment that flooded households with stimulus checks during the draconian COVID‑19 lockdowns? According to the Federal Reserve Bank of St. Louis, inflation in consumer prices rose from 1.23 in 2020 to 8.0 percent in 2022, with government spending responsible for 42 percent of this inflation. The Tax Foundation suggests:

    While tariffs have undoubtedly raised costs for American firms and consumers — since Americans and not foreigners ultimately pay the tariff — rebating the revenue to consumers would be fiscally irresponsible and also risk increasing inflation. Tariffs are a poor way to raise revenue generally, but the revenue that is collected should be used for deficit reduction rather than rebates.

    This appetite for intervention is matched only by the willingness to spend without restraint. At the turn of the millennium, America carried about $5.5 trillion in federal debt. By mid‑2025, that figure has exploded to roughly $37 trillion, more than a sixfold increase in just 25 years. Interest on that debt now swallows over $1 trillion annually, about 17 percent of all federal spending, and the government spends roughly 20 percent more than it collects in revenue. The recently enacted One Big Beautiful Bill will only add fuel to the fire: the Congressional Budget Office projects $2.4 trillion in new deficits over the next decade, or $3.1 trillion once interest is factored in. At this pace, the United States will celebrate its 250th birthday burdened by a national debt exceeding $40 trillion. This is not just a failure of governance, it is the abandonment of the very fiscal discipline Republicans once claimed as their defining principle. 

    Rather than confront this reality, Republican leaders preside over some of the largest peacetime budgets in US history. On the military side, the Pentagon’s budget alone is $820 billion, more than the next ten countries combined, and climbs to $1.2 trillion when veterans’ benefits are included. In real terms, America spends more on defense today than it did during the height of the Iraq and Afghanistan wars.

    On the welfare side, Social Security and Medicare already consume more than eight percent of GDP and their combined costs are projected to soar from $1.4 trillion in 2023 to nearly $3 trillion by 2033. The Social Security trust fund is expected to be depleted by 2033, after which incoming payroll taxes will cover only about 77 percent of promised benefits. Medicare’s Hospital Insurance trust fund faces insolvency by 2036, triggering automatic cuts unless Congress intervenes. 

    The Republican Party once sold itself as the last line of defense against an overreaching federal government. Today, it champions state control over private enterprise, embraces protectionist tariffs that raise consumer prices, and presides over record‑shattering spending that will burden future generations with mountains of debt. What began as a movement to curb Washington’s reach has morphed into a governing philosophy that wields government power to direct markets, pick winners, and paper over self‑inflicted economic wounds. In forsaking the creed of limited government, the GOP has not merely drifted from its roots, it has become the very Leviathan it once vowed to oppose.

    Washington, DC’s subsidization of the renovation of RFK Stadium  — the once and future home of the Washington Commanders — “is a BFD,” Mayor Muriel Bowser said on Wednesday, verging on an expletive to convey her enthusiasm for the proposal, to which the DC Council assented on Friday by a vote of 9 to 3. Another, final vote to approve the stadium will occur in September.

    “Big” is, indeed, an apt adjective for the affaire d’RFK. The public funds to be spent — $1.7 billion in direct subsidies and $2.7 billion in indirect subsidies — are prodigious. The scope of the development plan transcends the mere renovation of an old sports venue. The stadium campus is set to include (besides the stadium) multiple parking structures, bars and restaurants, retail stores, an $89 million indoor sportsplex, a planned grocery store, a pharmacy, daycare facilities, a hotel, 6,000 or more housing units, and a “30-acre stretch of riverfront community commons.” An extension of Washington’s metro system also may be undertaken. In Bowser’s phrase: “180 acres of vacant land, activated.” In short, the deal amounts to a wholesale bid to transform a languishing portion of eastern Washington DC into a vital and bustling hub. An ambitious central-planning gambit, if not a hubristic one.

    As I sat in the Council chamber on the Tuesday before the vote, waiting to testify against the subsidy package, the bigness of the moment struck me in a different sense. I was the 350th witness on a list of 503, and the hearing sprawled over 13 hours. But the hopes of the stadium-subsidy advocates were similarly expansive. In their minds, a stadium deal will yield prosperity, upward mobility, the stimulation of local business, civic pride, community engagement, youth development, affordable housing, and much else. All good things to be wished for will result from RFK’s revival; all good things will materialize together, in unity. As I recall, nobody supporting subsidies noted either the other uses to which that land could be put or the benefits likely to flow therefrom.

    I heard roughly 10 hours of testimony. In the ample time for reflection afforded me, two facts became vibrantly apparent: Mayor Bowser and the DC Council have become fixated on the sort of flashy infrastructure project that has tantalized politicians dating back to Vespasian and Pericles and the pharaohs of Egypt, and they have managed to disperse perks among various of the District’s interest groups in order to obtain the needed political backing. Great municipal works require the enthusiasm of many constituencies that DC elected officials — not to mention the Commanders organization itself — have masterfully cultivated.

    First, as always, is the cultivation of votes. Commanders fans, of course, wish to see their team play once again within the District. But, as was made clear during Tuesday’s hearing, many have credulously internalized the notion that a new RFK Stadium will uniquely invigorate economic activity. “The stadium redevelopment represents far more than the return of a major sports franchise or a new entertainment venue,” one witness declared, capturing the starry-eyed optimism of the proposal’s advocates. “Its capacity to shift the trajectory of underserved families…cannot be overemphasized.” Local business representatives also testified in favor of subsidization, anticipating the chance for business partnerships with the Commanders.

    This confidence, although perhaps bolstered by a methodologically discredited report commissioned by Bowser, finds no grounding in the corpus of economic research on the topic. The “literature contains near-universal consensus evidence that sports venues do not generate large positive effects on local economies,” academics John Charles Bradbury, Dennis Coates, and Brad R. Humphreys report. The trio further notes that “the consensus…of economic studies” find that “the benefits of hosting professional sports franchises are not sufficient to justify large public subsidies.” Instead of spawning economic activity, new stadiums merely redistribute it. As put in a 2016 Brookings study, “any economic activity generated while attending a game, will largely if not entirely be offset by reduced spending on other local leisure activities.” Stadiums are not invested with any special magical facility for economic development, particularly when contrasted with other business enterprises that could occupy the same land. Indeed, a city report from the Office of the Budget Director indicates that higher tax revenues would flow from the businesses that would occupy a mixed-use development (sans stadium) on the RFK site than from a redevelopment of the stadium itself. Nonetheless, promises of bread, circuses, and coliseums seem once again to have proven themselves politically potent.

    The proposed subsidy deal is profligate in its gift-giving to interest groups. For one, the District’s unions are assured that organized labor will man the construction sites of the stadium and its parking lots. Even that, however, has failed to satisfy all DC lawmakers. Some lawmakers — and several witnesses who testified Tuesday on behalf of labor interests — found this unsatisfactory, seeking to secure union-contract guarantees for the businesses that will operate across the developed stadium district. Nonetheless, the Commanders agreed to so-called “labor peace agreements” for many workers in the forthcoming development, securing the assent of several unions — among them the AFL-CIO — shortly before Friday’s vote.

    Of course, privileging organized labor disadvantages free labor. One witness at the hearing, a CPA, noted this explicitly. By restricting contracts to unionized firms, he argued, the government “would be excluding [non-unionized] DC companies and DC residents from doing work on this project, which is a great opportunity [for them].” Moreover, in his judgment, the District will find it lacks a sufficient number of union workers to meet the forthcoming demand (just 10 percent of construction workers are union members), necessitating the hiring of out-of-towners.

    Washington, DC’s political proclivities being what they are, the interest groups that local officials and the Commanders thought necessary to placate were ideological as well as economic. One witness touted “retail space for local needs with opportunity for grocery stores and small minority-owned businesses.” According to another, “Food equity is key.”

    For council members and activists, another ideologically salient condition was the 1,800 affordable housing units — a full third of the anticipated new housing. The gentleman seated beside me at the dais during my testimony, a criminal-justice advocate, urged the Council to “set aside” housing units specifically for ex-convicts. This demand was not met. Even so, on Wednesday the Commanders, seeking to cinch the deal, pledged “to hire justice-involved individuals” — or, in the verbiage of my dais-mate, “our justice-impacted neighbors” —  “for 15 percent of available construction and permanent jobs.”

    Then there were the environmentalists. Myriad witnesses on Tuesday called on the Council to enforce a net-zero mandate on the stadium campus. And although the green activists failed to secure that whole kit and caboodle they sought, they did not depart empty-handed. “The Club will build and operate the Stadium to a LEED O+M Platinum standard and commits to achieving a minimum of LEED O+M Gold for the mixed-use development across all its projects constructed on the RFK Campus,” the Commanders said on Wednesday. The team also committed to investigate further clean-energy technologies. What costs this will impose upon the development area and upon the businesses that will operate within it remains to be seen.

    To market its subsidization of a private business owned by a billionaire whose net worth exceeds $10 billion, the DC government and the Commanders shrouded the cronyism afoot in promises of an economic revolution. With the deal, everyone will receive just what he wants — everyone, that is, besides the taxpayers whose hard-earned money will fund a quixotic project with scant chance of success. As I said in my testimony, “There is nothing I would like better than for these benefits to materialize, and for these neighborhoods to be revitalized, but I fear that they are nothing more than a mirage.” 

    Mayor Bowser was not mistaken that the RFK Stadium project is a “BFD.” But big is not always beautiful.

    Here’s a quick recap of the crypto landscape for Monday (August 11) as of 9:00 p.m. UTC.

    Get the latest insights on Bitcoin, Ethereum and altcoins, along with a round-up of key cryptocurrency market news.

    Bitcoin and Ethereum price update

    Bitcoin (BTC) was priced at US$118,815, down by 0.1 percent over the last 24 hours and its lowest valuation on Monday. Its highest price for the day was US$120,693.

    Bitcoin price performance, August 11, 2025.

    Bitcoin price performance, August 11, 2025.

    Chart via TradingView.

    Analyst Omkar Godbole offered a cautious outlook, pointing to lower trading volumes for Bitcoin despite similar prices in July and a Coinbase Global (NASDAQ:COIN) discount suggesting weak US institutional demand.

    Ethereum (ETH) has outperformed after a weekend rally.

    Ethereum broke past US$4,300 on Monday as FG Nexus announced the acquisition of 47,331 ETH, worth about US$200 million. Meanwhile, data from Etherscan shows rising daily transaction counts over the past several weeks.

    Creator coins like ZRO and PUMP also saw gains after announcements like Coinbase’s new DEX feature and LayerZero’s acquisition. Bondex CEO Ignacio Palomera called these developments an evolution in how creators can monetize their content. US consumer price index data on Tuesday (August 12) could fuel or dampen the crypto rally.

    Altcoin price update

    • Solana (SOL) was priced at US$176.39, down by 3.6 percent over 24 hours and its lowest valuation for the day. Its highest price was US$180.86.
    • XRP was trading for US$3.16, down 1.7 percent in the past 24 hours and at its lowest valuation of the day. Its highest was US$3.22.
    • Sui (SUI) was trading at US$3.69, down by 5 percent over the past 24 hours, and its lowest valuation of the day. Its highest level was US$3.77.
    • Cardano (ADA) was trading at US$0.783, down by 3 percent over 24 hours and its lowest valuation on Monday. Its highest was US$0.8008.

    Today’s crypto news to know

    Bullish aims for US$4.82 billion valuation in upsized IPO

    Bullish has increased the size of its planned initial public offering (IPO), targeting a valuation of up to US$4.82 billion. It plans to raise as much as US$990 million by selling 30 million shares priced between US$32 and US$33 each, a higher range than its previous filing, but still below its US$9 billion target in a failed 2021 SPAC merger.

    The cryptocurrency exchange said it will convert a significant portion of its IPO proceeds into US-dollar-backed stablecoins through partnerships with token issuers. BlackRock-managed funds and Cathie Wood’s ARK Investment have shown interest in purchasing up to US$200 million worth of shares.

    Bullish is expected to price the offering on Tuesday and debut on the NYSE under the ticker “FLY” the next day.

    Tether and Rumble propose joint acquisition of Northern Data

    Tether and Rumble (NASDAQ:RUM) have proposed to jointly acquire all shares of artificial intelligence infrastructure company Northern Data, according to a press release issued on Monday.

    According to the proposed terms, USDt issuer Tether, already Northern Data’s largest shareholder, would support the transaction, which would see each Northern Data shareholder receive 2.319 newly issued Class A Rumble shares for each Northern Data share offered, leading to roughly 33.3 percent of Rumble ownership being transferred to Northern Data shareholders. The final exchange ratio may be adjusted for the potential sale of Peak Mining and a related debt reduction, which would increase the exchange ratio.

    Subject to definitive documentation, Tether would also significantly increase its investment in Rumble, becoming a key customer with a multi-year GPU purchase commitment.

    Chainlink to partner with ICE

    Blockchain oracle platform Chainlink announced a partnership with US-based Fortune 500 company Intercontinental Exchange (NYSE:ICE) on Monday to bring foreign exchange and precious metals data onchain.

    The collaboration will unite Intercontinental’s consolidated feed, an aggregator of market data from over 300 global exchanges and marketplaces, with Chainlink Data Streams’ derived data sets, which provide market information to power tokenization for over 2,000 decentralized applications and major financial institutions.

    This partnership is the latest move to further integrate traditional market infrastructure with blockchain systems.

    El Salvador targets wealthy investors with new Bitcoin banking law

    El Salvador has approved a new investment banking law designed to attract institutional and high-net-worth crypto investors. Licensed investment banks with at least US$50 million in capital will be able to provide Bitcoin and other digital asset services, but only to clients meeting “sophisticated investor” criteria.

    Requirements include at least US$250,000 in liquid assets and advanced financial knowledge.

    The banks will be allowed to issue bonds, structure public-private projects and offer digital asset products. Lawmakers say the changes aim to position the country as a regional financial hub and draw in foreign private capital.

    The move comes as President Nayib Bukele consolidates political power through constitutional reforms extending presidential terms and removing term limits.

    Blue Origin to accept crypto payments for space flights

    According to a Monday press release, Jeff Bezos’ Blue Origin has partnered with payment processing company Shift4 Payments (NYSE:FOUR) to allow customers to buy tickets to outer space using crypto and stablecoins.

    Trips will take place on Blue Origin’s New Shepard reusable rockets, and direct payments will now be accepted from popular wallets from the likes of MetaMask and Coinbase.

    “Our mission has always been to revolutionize commerce by simplifying the transaction process, and we’re thrilled to now extend that vision beyond Earth,” said Taylor Lauber, CEO of Shift4.

    “This partnership will enable adventurous travelers to book the adventure of a lifetime, no matter their preferred payment method — all with a simple, frictionless experience,’ he added. Blue Origin has flown more than 75 passengers past the Kármán Line, the boundary separating Earth’s atmosphere and space.

    “We believe crypto and stablecoins are going to become an increasingly popular way for consumers to pay, particularly for high-end purchases, as both the consumer and merchant benefit financially from these transactions,” commented Alex Wilson, head of crypto at Shift4.

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

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

    This post appeared first on investingnews.com

    Lithium, a naturally occurring trace element in the brain, may be able to unlock a key medical mystery: why some people develop Alzheimer’s disease and others don’t, despite similar brain changes.

    In a recently published study, scientists at Harvard Medical School state that lithium not only exists in the human brain at biologically meaningful levels, but also appears to protect against neurodegeneration.

    Additionally, their work shows that lithium supports the function of all major brain cell types.

    The decade-long study drew on mouse experiments and analyses of human brain and blood samples across the spectrum of cognitive health. The Harvard team discovered that as amyloid beta, the sticky protein associated with Alzheimer’s, begins to accumulate, it binds to lithium and depletes its availability in the brain. This drop in lithium impairs neurons, glial cells and other brain structures, accelerating memory loss and disease progression.

    “The idea that lithium deficiency could be a cause of Alzheimer’s disease is new and suggests a different therapeutic approach,” said Bruce Yankner, who is the senior author of the study.

    Yankner, a professor of genetics and neurology at Harvard Medical School who in the 1990s was the first to show that amyloid beta is toxic to nerve cells, said the new findings open the door to treatments that address the disease in its entirety, rather than targeting single features like amyloid plaques or tau tangles.

    To explore this possibility, researchers screened for lithium compounds that could evade capture by amyloid beta.

    They identified lithium orotate as the most promising candidate. In mice, the compound reversed Alzheimer’s-like brain changes, prevented cell damage and restored memory, even in animals with advanced disease.

    Crucially, the effective dose was about one-thousandth of that used in psychiatric treatments, avoiding the toxicity risk that has hampered lithium’s clinical use in older patients.

    “You have to be careful about extrapolating from mouse models, and you never know until you try it in a controlled human clinical trial,” Yankner cautioned. “But so far the results are very encouraging.”

    The path to these findings began with access to an unusually rich source of brain tissue.

    Working with the Rush Memory and Aging Project in Chicago, the team examined postmortem samples from thousands of donors, from cognitively healthy individuals to those with mild cognitive impairment and full-blown Alzheimer’s.

    Using advanced mass spectrometry, they measured trace levels of about 30 metals. Lithium stood out as the only one whose levels dropped sharply at the earliest stages of memory loss.

    The pattern matched earlier population studies linking higher environmental lithium levels, including in drinking water, to lower dementia rates. But unlike those correlations, the Harvard team directly measured brain lithium and established a normal range for healthy individuals who had never taken lithium as medication.

    “Lithium turns out to be like other nutrients we get from the environment, such as iron and vitamin C,” Yankner said. “It’s the first time anyone’s shown that lithium exists at a natural level that’s biologically meaningful without giving it as a drug.”

    To test whether this deficiency was more than an association, the researchers fed healthy mice a lithium-restricted diet, lowering brain lithium to levels seen in Alzheimer’s patients.

    The animals developed brain inflammation, lost connections between neurons and showed cognitive decline; however, replenishing them with lithium orotate reversed these changes. What’s more, mice given the compound from early adulthood were protected from developing Alzheimer’s-like symptoms altogether.

    The findings raise several possibilities. Measuring lithium levels in blood could become a tool for early screening, identifying people at risk before symptoms emerge. Furthermore, amyloid-evading lithium compounds could be tested as preventive or therapeutic agents, potentially altering the disease course more fundamentally than existing drugs.

    For now, researchers stress that no one should self-medicate with lithium supplements.

    The team emphasized that the safety and efficacy of lithium orotate in humans remain unproven, and clinical trials will be needed to determine whether the dramatic benefits seen in mice translate to people.

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

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