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Providence Gold Mines Inc.

 

VANCOUVER TheNewswire – January 22, 2026 – Providence Gold Mines Inc. (TSXV:PHD,OTC:PRRVF) (‘Providence’ or the ‘Company’) announces that further to the news release of January 16, 2026, the Company has received final approval to close the non-brokered private placement dated for reference September 11, 2025, for a total of 1,604,800 units at a price of $0.05 per unit for gross proceeds of $80,240. The approval was subject to the final approval of the reviewable transaction announced on January 16, 2026.

 

Each unit consists of one common share and one full non-transferable warrant exercisable at $0.05 per warrant for a period of two years from the date of issue.

 

The proceeds from the private placement will be used for administration and sampling of the underground workings to evaluate potential of available mineralization at the La Dama De Oro gold and silver property. Remedial road work on the main access road has been completed during the past several weeks.

 

    The Property:

 

The La Dama de Oro gold property is a historical high grade gold producer and has permits for Water, Road, Environmental, Plan of Operations, Mill Site, and is approved for a bulk sample The Property has had no drilling or any modern-day scientific exploration and consequently has no developed or identified NI 43 101 compliant resources.

 

The La Dama de Oro Property is located in the Silver Mountain Mining District, within the structurally complex Eastern California Shear Zone and the intersection with the San Andreas Fault Zone. Bedrock geology includes Mesozoic quartz monzonite that intrudes the Jurassic Sidewinder Volcanics. The structural geology of the region implies a sequence of compressional and extensional events that reactivated favorably oriented zones of weakness for the circulation of hydrothermal fluids. The main zone of mineralization is hosted by the La Dama de Oro Fault, a shallow northeast-dipping oblique-slip fault.

 

The mineralization at the property is classified as a structurally controlled, low-sulfidation epithermal gold-silver vein system. Gold and silver mineralization is associated with multi-phase quartz veining, brecciation, and pervasive hydrothermal alteration along the La Dama de Oro Fault. The largest known vein is 4.5 feet at its widest point and remains open to exploration for over 6,000 feet. The gold system has potential not just within the La Dama de Oro vein and other known veins but as well for additional discovery of other parallel veins.

 

The scientific and technical information contained in this news release has been reviewed and approved by Zachary Black, SME-RM, a Qualified Person as defined under NI 43-101. Mr. Black is a consultant and is independent of Providence Gold Mines Inc.

 

 For more information, please contact Ronald Coombes, President, and CEO of the Company.

 

Ronald A. Coombes, President & CEO

Phone: 604 724 2369

roombes@providencegold.com

 

      CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

 

Neither the OTCQB and or 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 release.

 

All statements, trend analysis and other information contained in this press release relative to markets about anticipated future events or results constitute forward-looking statements. All statements, other than statements of historical fact, included herein, including, without limitation, statements relating to the permitting process, future production of Providence Gold Mines, budget and timing estimates, the Company’s working capital and financing opportunities and statements regarding the exploration and mineralization potential of the Company’s properties, are forward-looking statements. Forward-looking statements are subject to business and economic risks and uncertainties and other factors that could cause actual results of operations to differ materially from those contained in the forward- looking statements. Important factors that could cause actual results to differ materially from Providence Gold Mines expectations include fluctuations in commodity prices and currency exchange rates; uncertainties relating to interpretation of drill results and the geology, continuity and grade of mineral deposits; the need for cooperation of government agencies and native groups in the exploration and development of properties and the issuance of required permits; the need to obtain additional financing to develop properties and uncertainty as to the availability and terms of future financing; the possibility of delay in exploration or development programs and uncertainty of meeting anticipated program milestones; and uncertainty as to timely availability of permits and other governmental approvals. Forward-looking statements are based on estimates and opinions of management at the date the statements are made. Providence Gold Mines does not undertake any obligation to update forward-looking statements except as required by applicable securities laws. Investors should not place undue reliance on forward-looking statement

Copyright (c) 2026 TheNewswire – All rights reserved.

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USANewsGroup.com Market Intelligence Brief –

The digital economy just hit the wall of physics. Paper confidence is dying in real-time.

Gold just crossed $4,700/oz in the opening weeks of January. Street consensus now targets $5,000 within the year.

AI hyperscalers require 300+ gigawatts of baseload power that the existing grid cannot deliver. This creates a structural tailwind for the load-bearing walls of the economy: uranium, copper, and strategic inventory.

We are witnessing a generational recapitalization. Capital is abandoning pixels for the hard assets you can touch, mine, and measure.

The asymmetric advantage belongs to those who control the molecules. Everything else is narrative.

THE DISTRICT CONSOLIDATOR – RUA.V

Rua Gold (TSXV: RUA,OTC:NZAUF) (OTCQB: NZAUF) has fundamentally closed the ‘Action Gap’ in New Zealand, consolidating over 95% of the Reefton Goldfield—a district that historically produced 2 million ounces at grades up to 50 g/t Au.

On January 19, the company accelerated its 2026 outlook, ramping up activities to include the Auld Creek gold-antimony project in New Zealand’s new FAST TRACK permitting process. This is not just a gold story: it is a strategic material play on antimony, a critical defense and energy metal currently trading over $60,000 per tonne.

The transition from ‘concept’ to ‘calculation’ is imminent: with three drill rigs currently active, the company is testing a 2,500m strike length and has engaged RSC Consulting to deliver a comprehensive technical resource refresh in February 2026. Rua Gold owns the district, the grades, and the upcoming regulatory tailwind.

Read this and more news for Rua Gold at:
https://usanewsgroup.com/2025/04/02/others-found-1911-g-t-here-before-now-a-proven-11b-mining-team-is-back-to-finish-the-job/

THE DIGITAL SOVEREIGNTY – QSE.CN

Gold hit $4,730/oz because physical assets cannot be hacked. Digital networks managing that wealth can.

Legacy RSA encryption dies the moment quantum computers go live. You cannot run a sovereign economy if adversaries can decrypt your data in real time.

On January 12, Washington, D.C. launched the ‘Year of Quantum Security’ – a mandatory modernization for the global financial system. The mandate created a $30 billion tech migration overnight.

QSE – Quantum Secure Encryption Corp. (CSE: QSE) (OTCQB: QSEGF) expanded operations to five countries across three regions to capture that cycle. Their partnership with NUSA Networks in Indonesia fast-tracks quantum-resilient algorithms into critical national infrastructure.
The digital border is now physical infrastructure. QSE owns the choke point.

Read this and more news for Quantum Secure Encryption Corp. at:
https://usanewsgroup.com/2024/04/26/the-currency-of-tomorrow-why-investing-in-cutting-edge-ai-recognition-tech-could-mean-big-money/

THE VELOCITY THRESHOLD – VWAV

Modern warfare has enough sensors. It lacks the velocity to act.

The gap between detection and response is the kill zone. VisionWave Holdings Inc. (NASDAQ: VWAV) built the $99.6 million QuantumSpeed™ computational engine to collapse that latency.

Recently, the company formed a strategic joint venture in Nevada to accelerate commercialization of defense-grade technologies. The choke point shifted from data collection to execution speed.

On January 15, VisionWave expanded into Europe via Solar Drone Ltd. with follow-on orders in Italy and Spain for power grid maintenance and autonomous surveillance. Critical infrastructure requires real-time threat mapping.

Decision velocity is the new sovereign capability. VWAV owns the compression cycle.

Read this and more news for VisionWave Holdings Inc. at: https://usanewsgroup.com/2025/09/11/the-ai-defense-technology-developments-potentially-relevant-in-2025-26/

THE DOMESTIC EXTRACTION – ARS.CN

Fluorspar is required for steel, aluminum, and nuclear fuel production. The U.S. currently imports 100% of its supply.

On January 20, 2026, the Department of Defense awarded Ares Strategic Mining Inc. (CSE: ARS) (OTCQB: ARSMF) a $168,938,267 contract through the Defense Logistics Agency. The Pentagon just eliminated its foreign dependency.

Imminent commissioning of the Lumps Plant in Delta, Utah marks the transition from developer to primary producer. ARS becomes the domestic fluorspar source for U.S. defense and industrial infrastructure.

The contract includes potential task orders up to $250 million over five years. In a supply-constrained market with zero domestic competition, that floor creates asymmetric advantage.

Critical minerals require critical infrastructure. ARS now controls both.

Read this and more news for Ares Strategic Mining Inc. at: https://usanewsgroup.com/2024/04/29/this-company-is-bringing-essential-mining-back-to-the-u-s-fueled-by-government-action/

THE POLYMETALLIC PIVOT – GOH.CN

China’s 2025 export controls weaponized the tungsten supply chain. Prices are up 150% year-over-year.

On January 6, assay results from the Magno Project returned 2,370 g/t silver, 6,550 ppm tungsten, and 334 ppm indium. GoldHaven Resources Corp. (CSE: GOH) (OTCQB: GHVNF) just discovered a polymetallic system in British Columbia.

A newly recognized tungsten zone at Vines Lake and over 1.3 kilometers of strike at the Kuhn target expand the footprint. Geological parallels to Coeur Mining’s Silvertip Mine exist, but with a differentiated critical-metals component.

Silver finances the drill program. Tungsten and indium provide the strategic premium.

Domestic supply of defense-critical metals is no longer optional. GOH controls the convergence.

Read this and more news for GoldHaven Resources Corp. at: https://usanewsgroup.com/2025/09/23/the-goldhaven-story-two-continents-one-strategy-systematic-exploration-in-historically-productive-districts/

CONTACT:

USA NEWS GROUP
info@usanewsgroup.com
(604) 265-2873

DISCLAIMER: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. USA News Group is a wholly-owned subsidiary of Market IQ Media Group, Inc. (MIQ). This article is being distributed for Baystreet.ca Media Corp. (BAY), who has been paid a fee for an advertising contract with Rua Gold Inc. ($45,000 CAD for a three month contract subject to the terms and conditions of the agreement from the company direct). MIQ has been paid a fee for QSE – Quantum Secure Encryption Corp., VisionWave Holdings, Inc., Ares Strategic Mining Inc. (fee since expired), and GoldHaven Resources Corp. advertising and digital media from the companies directly or through affiliates. There may be 3rd parties who may have shares of these companies and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled companies. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of MIQ/BAY owns shares of QSE – Quantum Secure Encryption Corp. (purchased via private placement), VisionWave Holdings Inc., Ares Strategic Mining Inc., and GoldHaven Resources Corp. (purchased in the open market). They do not currently own shares of Rua Gold Inc. but reserve the right to buy and sell, and will buy and sell shares of all mentioned companies at any time without further notice. All material disseminated by MIQ has been approved by the mentioned companies. Technical information relating to Rua Gold Inc. has been reviewed and approved by Simon Henderson, CP, AUSIMM, a Qualified Person who is the COO of the company and therefore not independent. Scientific and technical information relating to GoldHaven Resources Corp. has been reviewed and approved by Jean-Marc Lopez, B.Sc., FAusIMM, and Jonathan Victor Hill, B.Sc. Hons, FAusIMM, independent Qualified Persons. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful: investing in securities carries a high degree of risk; you may likely lose some or all of the investment.

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Rep. Alexandria Ocasio-Cortez, D-N.Y., claimed that President Donald Trump has been exhibiting ‘increasingly erratic’ behavior.

She made the comment in response to a question from Migrant Insider editor Pablo Manríquez, who asked, ‘How big of a factor is Donald Trump’s cognitive decline, given what we’re seeing at Davos?’ 

‘I think that the president has been acting in increasingly erratic ways,’ Ocasio-Cortez replied, according to the video shared on X.

‘I think it is really damning when we think about the degree to which mass media outlets reported on Joe Biden,’ she said, pointing to how the Democratic Party ultimately nominated Kamala Harris in the 2024 race.

‘Yet, we are seeing behavior from Donald Trump that is increasingly erratic and alarming,’ she said, asserting that ‘everyone’s pretending that this is normal.’

The congresswoman said America’s ‘global partners’ are seeing ‘the entire government apparatus and a party that is willing to watch someone decompensate in front of the world and do nothing about it.’

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

‘While deranged Democrats like Congresswoman Alexandria Ocasio-Cortez push these blatant lies, President Trump is dominating on the world stage and brokering historic deals to advance the interests of the American people,’ White House spokesperson Liz Huston said in a statement.

‘Don’t forget that after Joe Biden’s brain unraveled on the 2024 presidential debate stage and nearly the entire Democrat party subsequently panicked and demanded Biden drop out of the race, Congresswoman Ocasio-Cortez was one of the few delusional holdouts backing and pleading for Joe Biden to remain as their presidential nominee as late as July 8, 2024,’ she added.

‘Congresswoman Ocasio-Cortez’s peanut-sized brain either forgot this happened or she thinks the American people are too stupid to remember,’ Huston said.

In July 2024 — after President Joe Biden’s disastrous debate performance against Trump, but before Biden dropped out of the presidential race later in July — Ocasio-Cortez expressed her support for the incumbent. 

‘Joe Biden is our nominee. He is not leaving this race. He is in this race, and I support him,’ she said at the time.

Earlier this year, Trump declared in a Truth Social post, ‘The White House Doctors have just reported that I am in ‘PERFECT HEALTH,’ and that I ‘ACED’ (Meaning, was correct on 100% of the questions asked!), for the third straight time, my Cognitive Examination, something which no other President, or previous Vice President, was willing to take.’

‘P.S., I strongly believe that anyone running for President, or Vice President, should be mandatorily forced to take a strong, meaningful, and proven Cognitive Examination. Our great Country cannot be run by ‘STUPID’ or INCOMPETENT PEOPLE!’ he added.

In a Truth Social post last year, Trump referred to Ocasio-Cortez as ‘one of the ‘dumbest’ people in Congress.’


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Democrats hold a slight advantage heading into the midterm elections in a new poll from The New York Times and Siena University.

The poll found that 48% of registered voters would support a Democratic candidate if the midterm elections were held today, compared to just 43% for a Republican candidate. The poll also showed skepticism toward President Donald Trump’s policies, with 47% of registered voters saying they ‘strongly disapprove’ of how he is handling his job as president.

The poll surveyed 1,625 registered voters nationwide from Jan. 12 to 17 and advertised a margin of error of 2.8%.

A 51% majority of Americans also say that Trump’s policies have made their lives less affordable.

In total, 49% of registered voters say the country is worse off now than it was a year ago, compared to 32% who say it is better.

The polling lines up with other recent surveys that have found many Americans souring on the president and his agenda.

The president’s approval rating stands at 45% in the latest Wall Street Journal poll, at 41% in Reuters/Ipsos, and an average of all the most recent national polls compiled by Real Clear Politics puts Trump’s approval at 42%, with 55% giving him a thumbs down on the job he’s doing.

Trump started his second term in positive territory, but his approval ratings sank below water last March and have slowly edged deeper into negative territory in the ensuing months.

The percentage of registered voters saying the country is on the right track has held steady since April, according to the survey. And Trump continues to hold support from Republicans, with four in five GOP registered voters saying the U.S. is on the right track.

Deep concerns over inflation boosted Trump and Republicans to sweeping victories at the ballot box in 2024, as they won back the White House and Senate and kept their House majority.

But Democrats say their decisive victories in November’s 2025 elections, and their overperformances in special elections and other ballot box showdowns last year, were fueled by their laser focus on affordability amid persistent inflation.

Trump’s approval ratings on the economy are, on average, slightly lower than his overall approval ratings.

The president’s numbers on the issue of illegal immigration, another issue that helped lift him to a re-election victory, have also eroded over the past year. The issue is once again front-and-center, following this month’s fatal shooting of a Minnesota woman by an ICE agent as she protested the Trump administration’s immigration enforcement efforts.

Fox News’ Paul Steinhauser contributed to this report.


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The House of Representatives is moving to jam the Senate by attaching a repeal of the upper chamber’s Arctic Frost repayment measure to a funding bill that’s key to averting a partial government shutdown.

A Senate GOP-led measure allowing Republicans in the upper chamber to sue the federal government for up to $500,000 if their phone records were seized by ex-Special Counsel Jack Smith is still causing heartburn in the House.

House lawmakers voted unanimously Thursday to roll back that measure, as an amendment to a $1.2 trillion federal funding package that’s expected to get a vote later in the day.

If the funding package is passed, the Senate will be forced to consider the repeal along with the larger spending bill or else amend it and risk running the clock down on Congress’ Jan. 30 government shutdown deadline.

The Senate GOP-led measure was included as part of a wider government funding package that ended the longest-ever shutdown in U.S. history last November. 

Its inclusion caught many House Republicans by surprise, angering them for its use of taxpayer dollars to benefit a relatively small contingent of lawmakers.

A House vote on repealing the measure late last year similarly passed via a unanimous vote but was never taken up in the Senate.

‘The leadership was worried about them rejecting it, but let them own it if they want to object to it,’ Rep. Ralph Norman, R-S.C., who called the measure ‘ridiculous,’ told Fox News Digital on Thursday.

It will now be part of the overall funding package sent to the Senate, which provides dollars to keep the Department of War, Department of Education, Health and Human Services Department, and Department of Homeland Security, among others, running for the remainder of the fiscal year. 

Senate Majority Leader John Thune, R-S.D., with a green-light from Senate Minority Leader Chuck Schumer, D-N.Y., added the tweak to the previous year’s spending deal during bipartisan talks to end the 43-day government shutdown.

Since then, congressional Republicans and Democrats alike have banded together to nix the provision, dubbed ‘Requiring Senate Notification for Senate Data.’

It would explicitly allow only senators directly targeted in Smith’s Arctic Frost investigation to sue the U.S. government for up to $500,000.

Thune at the time reasoned that members were effectively ‘spied on’ by the DOJ, and that the very act itself ‘demands some accountability.’ 

‘I think that in the end, this is something that all members of Congress, both House and Senate, are probably going to want as a protection, and we were thinking about the institution of the Senate and individual senators going into the future,’ Thune said.

Still, that has not stopped lawmakers in the upper chamber from trying to nuke the law. Several attempts have been made over the last few months to gut it on the Senate floor, and each has been blocked by Sen. Lindsey Graham, R-S.C., the strongest proponent of the provision. 

Sen. Gary Peters, D-Mich., tried once again to get rid of the Arctic Frost law last week before the Senate left Washington, D.C., for a weeklong break. 

‘That policy is simply wrong,’ Peters said on the Senate floor. ‘And it goes against everything that we’re supposed to be doing as elected representatives to make life better for the people who live in our states and in the country.’

But, his attempt was once again blocked by Graham, who contended that his rights when he was not notified that his records, along with seven other senators, had been violated as part of the probe. 

‘If you cannot hold your government accountable for violating your rights or potentially violating your rights, you have a very dangerous government,’ Graham said on the Senate floor. ‘I am no better than anybody else, but I’m certainly as hell no worse than anybody else.’

The repeal provision’s inclusion in Thursday’s government funding bill caught many by surprise. It had not been part of the legislation when it advanced out of the House Rules Committee, and was only offered by Committee Chairwoman Virginia Foxx, R-N.C., on the House floor shortly before voting began on a procedural hurdle called a ‘rule vote.’

It will be sent to the Senate along with the wider funding package if it’s passed by the House on Thursday afternoon.


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Sun Summit Minerals Corp. (TSXV: SMN) (OTCQB: SMREF) (‘Sun Summit’ or the ‘Company’) is pleased to report assay results from all 2025 drilling at the Finn Zone of its JD Project in the Toodoggone Mining District, north-central British Columbia. 2025 drill results will be integrated into an updated 3D model and will inform the fully funded 10,000 meter drill program planned for 2026.

Drill hole FZ-25-002 returned a significant interval of near-surface gold-silver mineralization: 46.0 meters of 1.03 g/t gold with 44.9 g/t silver from 38.0 meters down hole, including 6.0 meters of 5.30 g/t gold with 157.9 g/t silver from 60.0 meters down hole. This interval is punctuated with a 1.0-meter zone that returned 784.0 g/t silver, highlighting the high-grade and historically overlooked silver potential of the Finn zone epithermal-related system.

Highlights:

  • Drill hole FZ-25-002 investigated the gold-silver mineralization potential of the Finn Zone and evaluated the structural controls on the high-grade silver component. The drill hole intersected a broad zone of near-surface gold-silver mineralization punctuated with high-grade gold and silver veins and hydrothermal breccias:
    • 46.0 meters of 1.03 g/t gold with 44.9 g/t silver from 38.0 meters downhole, including
    • 17.0 meters of 2.31 g/t gold with 113.1 g/t silver from 49.0 meters downhole, and including
    • 6.0 meters of 5.30 g/t gold with 157.9 g/t silver from 60.0 meters downhole
    • high-grade gold-silver intercepts of:
      • 447 g/t silver with 0.93 g/t gold over 1.0 meter at 53.0 meters down hole
      • 19.75 g/t gold with 80.90 g/t silver over 1.0 meter at 60.0 meters down hole
      • 784 g/t silver with 6.79 g/t gold over 1.0 meter at 65.0 meters down hole
  • Confirms the strong high-grade gold-silver potential of the Finn Zone: Numerous high-grade intercepts in drill holes FZ-25-002 and FZ-25-001 (e.g., 273 g/t silver with 2.6 g/t gold over 0.51 meters at 38.3 meters downhole and 22.9 g/t gold with 29.0 g/t silver over 0.50 meters at 65.0 meters downhole, (Table 1) demonstrate the high-grade potential of the target. Additional drilling and modelling focused on the structural controls on the silver-rich zones are planned for follow-up drill programs.
  • Strong gold-silver mineralization intersected in FZ-25-004 confirms the expansion potential of the Finn Zone down-dip. The drill hole investigated the down-dip extent of bulk-tonnage style mineralization of the Finn Zone and intersected multiple zones of mineralization including a strong interval of gold-silver mineralization approximately 160 meters down-dip from FZ-25-002 (15.8 meters of 1.17 g/t gold with 9.12 g/t silver from 104.0 meters downhole, including 7.0 meters of 1.72 g/t gold with 15.3 g/t silver from 111.0 meters downhole).
  • Strong porphyry-related alteration intersected in two reconnaissance drill holes at the Belle South target: Zones of intense phyllic and local potassic alteration overprinting polymictic breccias suggest proximity to a robust porphyry-copper system. The +8.5 km trend of significant hydrothermal alteration coincident with IP and magnetic anomalies is considered strongly prospective for porphyry-related mineralization. Significant exploration across the JD Porphyry trend is planned for 2026.

‘Results from our late-season, modest, four drill hole program at the Finn Zone in 2025 have exceeded expectations and firmly establish the zone as a high-priority target for significant drilling in 2026. The presence of both high-grade and near-surface bulk-tonnage style gold-silver mineralization with strong continuity positions the target as an area for significant drilling in 2026,’ said Niel Marotta, CEO of Sun Summit Minerals. ‘We are fortunate to have growing institutional investor support and Sun Summit is fully funded for its 2026 drill program after closing an oversubscribed $11.5 million private placement in December 2025. Planning is underway for a considerable follow-up resource-focused drill program, with a minimum 10,000 meters of drilling expected. The 2026 program would exceed the 9,400 meters of cumulative drilling completed by Sun Summit in 2024 and 2025, and further adds to the 36,000 meters of historic drilling at JD prior to 2024. The focus of the 2026 drill program will be at the Creek to Finn Corridor, and drill results will contribute to an inaugural mineral resource estimate expected by Q2 2027.’

Table 1. Assay Results for 2025 Finn Zone Drill Holes

Hole ID From (m) To (m) Interval (m) Au (g/t) Ag (g/t)
FZ-25-001 29.00 69.00 40.00 1.18 21.1
including 35.00 42.00 7.00 0.88 39.8
including 38.30 38.81 0.51 2.60 237.0
including 58.00 69.00 11.00 3.37 28.5
including 65.00 65.50 0.50 22.90 29.0
and 107.00 111.00 4.00 2.13 2.7
and 121.00 124.00 3.00 0.70 1.3
and 175.50 179.00 3.50 1.14 2.3
FZ-25-002 26.00 32.00 6.00 0.35 16.6
and 38.00 84.00 46.00 1.03 44.9
including 49.00 66.00 17.00 2.31 113.1
including 53.00 54.00 1.00 0.93 447.0
including 60.00 66.00 6.00 5.30 157.9
including 60.00 61.00 1.00 19.75 80.9
including 65.00 66.00 1.00 6.79 784.0
and 144.00 148.00 4.00 1.77 0.3
and 193.00 197.00 4.00 0.79 3.6
FZ-25-003 101.10 110.00 8.90 0.44 2.2
and 137.00 145.00 8.00 0.39 1.2
and 220.00 225.54 5.54 0.33 5.5
FZ-25-004 44.41 56.20 11.79 0.83 1.0
including 53.00 56.20 3.20 1.87 2.4
and 96.00 98.00 2.00 7.54 0.7
and 104.00 119.80 15.80 1.17 9.1
including 111.00 118.00 7.00 1.72 15.3
Notes:
  1. Intervals are downhole core lengths. True widths are unknown.
  2. Calculations are uncut and length-weighted using a 0.10 g/t gold cut-off.
  3. Grades have not been capped in the length-weighted averaging.

2025 Finn Zone Drill Program

Four drill holes, totalling 950 meters were completed at the Finn Zone in 2025 (Figure 2 and Table 2). The epithermal-related, gold-silver zone is approximately 3.5 kilometers east of the Creek Zone (e.g., 81.0 meters of 4.8 g/t gold, see November 25th, 2025 news release) and marks the eastern extent of the highly-prospective 4.5 kilometer long, Creek to Finn corridor (Figure 1). The drill holes were designed to investigate the continuity of near-surface, high-grade gold-silver mineralization and the down-dip extent of bulk-tonnage mineralization intersected in previous drill programs (e.g., 35.7 meters of 7.26 g/t gold, 94 g/t silver including 1.0 meters of 215.4 g/t gold, 308 g/t silver in JD95-0472 and 20.85 meters of 8.76 g/t gold, 68 g/t silver including 11.0 m of 15.1 g/t gold,108 g/t silver in JD95-0972, Figure 2). Extensive modelling of compiled historical Finn zone drill data outlined a compelling zone of strong silver-rich mineralization (e.g., 45.0 m of 3.02 g/t Au, 136 g/t Ag including 5.0 meters of 8.18 g/t gold, 918 g/t silver in JD95-0762). Drilling in 2025 also focused on evaluating the structural and/or lithological controls on this gold-associated, silver-rich mineralization.

Highlights from 2025 Finn Zone Drilling include:

  • Drill holes FZ-25-001 and FZ-25-002 successfully confirmed the near-surface bulk-tonnage and the high-grade gold-silver potential of the Finn Zone. Drill hole FZ-25-002 intersected a broad zone of near-surface gold-silver mineralization punctuated with high-grade gold and silver veins and hydrothermal breccias (e.g., 46.0 meters of 1.03 g/t gold with 44.9 g/t silver from 38.0 meters downhole, including, 17.0 meters of 2.31 g/t gold with 113.1 g/t silver, Figure 2 and Table 1). The main interval consists of numerous, local high-grade veins and breccias (e.g., 447 g/t silver with 0.93 g/t gold over 1.0 meter, 19.75 g/t gold with 80.90 g/t silver over 1.0 meter and 784 g/t silver with 6.79 g/t gold over 1.0 meter). Based on gold-silver ratios it appears the high-silver domains represent a different pulse of mineralization. Further modelling and follow-up drilling is required to define the extents of this high-silver domain.
  • Drill holes FZ-25-003 and FZ-25-004 were step-out holes designed to test the dip-extent of mineralization along the gently north-dipping zone of volcanic breccias (Figure 3). Drill hole FZ-25-004 intersected multiple zones of gold-silver mineralization (e.g., 15.8 meters of 1.17 g/t gold with 9.12 g/t silver, including 7.0 meters of 1.72 g/t gold with 15.30 g/t silver, Figure 3, Table 1) typical of the core of the Finn Zone. This zone of strong mineralization in FZ-25-004 is approximately 160 meters downdip from FZ-25-002 (Figure 3). Mineralization intersected in FZ-25-004 confirms the expansion potential of the Finn Zone down-dip.

Finn Zone Geology

Most of the historical drilling (over 300 drill holes) at the JD Project was focused on the Finn zone where a broad zone of near-surface, epithermal-related gold-silver mineralization was defined (Figure 1). Mineralization is primarily hosted in the hanging wall of a gently north-dipping, northeast-striking, locally faulted volcaniclastic unit. The volcaniclastic unit, traced for over 1.5 kilometres along strike to the west from the Finn zone, separates two andesite-dominant lithological units of the Toodoggone Formation (Metsantan and McClair members). Faulting and subsequent mineralization likely exploited a volcaniclastic unit, at the base of the Metsantan member, where epithermal-related fluids were focused along permeable volcanic breccias.

The core of the Finn zone consists of strongly silica+clay+sericite altered polymictic breccias, locally cemented with quartz and mineralized with pyrite with lesser sphalerite, galena, and chalcopyrite. Peripheral to the high-grade core, epithermal-related alteration grades into sericite+chlorite+pyrite and more distal epidote+chlorite+/-hematite assemblages with elevated base-metal mineralization.

Next Steps: Creek to Finn Corridor

Assay and geological data from the 2025 Finn Zone drill program are currently being integrated into an updated 3D structural and mineralization model for the target area. The results from the modelling will inform the next phase of drilling set to commence this summer.

The focus of the significant drill program at the 4.5 km Creek to Finn Corridor will be on targeting the extents of mineralization at the Creek and Finn zones. Drill results will contribute to an inaugural mineral resource estimate. Details of the summer 2026 JD drill program will be announced once plans and budgets are set.

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Figure 1. Plan map highlighting the 4.5 km Creek to Finn Corridor showing drill collar locations of all 2025 Creek and Finn zone drill holes and historical drill collars as well as results from recent and historical rock and soil geochemical surveys (see October 29th, 2025 news release). The area between the Finn and Creek zones will be a focus for 2026 exploration programs. See references 1 and 2 for sources of historical drill data.

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Figure 2. Plan map of the Finn Zone showing 2025 collars and all historical drill collars with selected highlights. See references below for sources of historical data.

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Figure 3. Cross section through drill holes FZ-25-001, 002, 003 and 004 showing down hole assay data. Selected highlights from historical drill programs are also shown. See references below for sources of historical drill data.

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Figure 4. Core photos of FZ-25-002. Box photos showing core from 45.65 meters to 73.29 meters downhole which includes a broad interval of 17.0 meters of 2.31 g/t gold with 113.1 g/t silver. Individual down hole gold and silver assay results are annotated at the sample depths. The interval consists of strongly silicified andesite transitioning to quartz-cemented hydrothermal breccias. Abbreviations, qtz = quartz

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Belle South Porphyry Target

Two drill holes for 811 meters in 2025 evaluated the recently defined and previously untested Belle South Porphyry target (see September 18th, 2025 news release, Figure 5). The two drill holes focused on coincident magnetic-high and high-chargeability anomalies near the southern extent of the McClair Creek alteration zone (Figure 5). The purpose of the two short holes was to test for porphyry-related alteration and mineralization in an area largely covered by till.

The first hole, JD-25-013, collared in rubbly and pervasively QSP (quartz-sericite-pyrite, phyllic assemblage) altered andesite which transitioned to a broad zone of intermediate volcaniclastic rocks (crystal to lapilli tuffs) to bottom of hole. The breccias are locally potassic (potassium feldspar-magnetite) altered and cut by zones of intense phyllic alteration (Figure 6). The breccias locally contain altered intrusive clasts and intervals with hydrothermal magnetite cement (Figure 6). Phyllic alteration with strong disseminated pyrite (up to 20%) persisted throughout the hole with an increase in argillic assemblages with possible gusano textures near the bottom of the hole.

Drill hole JD-25-014 tested the core of the magnetic-high and collared in porphyritic quartz monzodiorite with increasing propylitic (epidote-chlorite) alteration with local pervasive potassium feldspar alteration to bottom of hole. The monzodiorite is weakly to moderately magnetic.

The lithologies and alteration assemblages intersected in both holes suggest proximity to a porphyry-related copper system. The holes returned weakly anomalous zones of copper mineralization with geochemical data suggesting the holes intersected distal alteration assemblages (e.g., elevated zinc). The two holes tested only a small portion of the 8.5 km by 2 km long JD Porphyry trend. Only five drill holes have previously investigated the porphyry-copper potential of the trend, all focused 5 km north at the McClair target near the epithermal-related Finn Zone (see February 5th, 2025 news releases). Similar to the McClair target, the Belle South target warrants significantly more drilling to fully evaluate the porphyry potential of the compelling target area.

Details of the 2026 porphyry-focused exploration program at JD will be announced once all surface data (e.g., rock and soil geochemistry and hyperspectral) have been interpreted together with all geophysical data-sets (e.g., IP, magnetics). A program of continued geophysical surveys, geological mapping and drilling is anticipated.

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Figure 5. JD Porphyry Trend, A. Map of the JD Project showing the recently compiled IP data (400m depth slice through the chargeability model, see September 18th, 2025 news release). Key targets are highlighted including the Belle South target. Collar locations for the two 2025 reconnaissance drill holes are shown. Inset photo looking south down McClair Creek showing parts of the 10 km long McClair Creek gossan. The Belle South porphyry target is situated above the gossan on a till covered plateau, where the coincident high-chargeability and high-magnetic intensity is located. B. Map of the JD Project showing total magnetic intensity data acquired in 2021 overlain with IP lines and key target areas. Collar locations for the two 2025 reconnaissance drill holes are shown.

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Figure 6. Representative core photos of JD-25-013, the first drillhole to test the Belle South porphyry target. A. Potassium feldspar altered polymictic breccia cut by quartz-pyrite vein. The reddening is caused by weak to moderate potassium feldspar alteration and hematite dusting of feldspars, B. representative core photo of pervasive phyllic alteration (QSP), C. magnetite cemented breccia, B. texture destructive alteration showing possible gusano texture near the bottom of the hole. Abbreviations, kspar = potassium feldspar, QSP = quartz-sericite-pyrite, mgt = magnetite, qtz = quartz, py = pyrite

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Figure 7. Map of the Toodoggone District showing the location of the JD Project in relation to other development and exploration projects. Data sourced from Thesis Gold Inc., TDG Gold Corp. and Centerra Gold Inc.’s respective corporate websites. The QP has been unable to verify the information and that the information is not necessarily indicative to the mineralization on the property that is the subject of the disclosure.

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Table 2. Drill Collar Information

Hole ID Easting Northing Elevation (m) Azimuth Dip Depth (m)
FZ-25-001 611231 6367672 1792 160 -60 215
FZ-25-002 611231 6367672 1793 200 -48 215
FZ-25-003 611248 6367800 1782 188 -50 269
FZ-25-004 611248 6367800 1782 188 -80 251
JD-25-013 614642 6363128 1295 225 -65 485
JD-25-014 614550 6363450 1307 45 -80 326
Coordinates are in UTM NAD83 Zone 9N

Quality Assurance and Quality Control

All drill core sample assay and analytical results have been monitored through the Company’s quality assurance and quality control program (QA/QC). Drill core was sawn in half at Sun Summit’s dedicated and secure core logging and processing facility at the JD exploration camp.

Half of the drill core was sampled and shipped by a bonded courier in sealed and secured woven polyester bags to the ALS Global preparation facilities in Kamloops, BC. Core samples were prepared using ALS standard preparation procedure PREP-31A which involves crushing the sample to 70% less than 2mm, followed by a riffle split of 250g, and then a pulverised split to better than 85% passing 75 microns.

Following sample preparation, the pulps were sent to the ALS Global analytical laboratory in North Vancouver, B.C. for analysis. ALS Global is registered to ISO/IEC 17025:2017 accreditations for laboratory procedures.

Drill core samples were analyzed for 48 elements by ICP-MS on a 0.25-gram aliquot using a four-acid digestion (method ME-MS61). This method is considered a ‘ultra trace element’ analytical method with low detection limits on key pathfinder elements such as Ag, As, Sb, Se and Tl.

Gold was analyzed by fire assay on a 30-gram aliquot with an AES finish (inductively coupled plasma atomic emission spectroscopy – method Au-ICP21). Samples that returned >10 parts per million (ppm) gold were re-analyzed by fire assay using a gravimetric finish on a 30-gram aliquot (method Au-GRA21).

Overlimit samples (e.g. Ag, Cu, Pb & Zn) were re-analyzed using an ore-grade, four-acid digestion and ICP-AES finish. Over limits for key elements: samples with >100 ppm silver, >10,000 ppm Cu, >10,000 ppm Pb and >10,000 ppm Zn.

In addition to ALS Global laboratory QA/QC protocols, Sun Summit implements a rigorous internal QA/QC program that includes the insertion of duplicates, certified reference materials (standards prepared by an independent lab) and blanks into the sample stream.

A total of 69 QA/QC samples, including 48 standards, were inserted in the field for all Finn Zone drill holes, representing 12.7% of the overall sample stream. There were no significant issues identified in either the internal or external QA/QC samples.

National Instrument 43-101 Disclosure

This news release has been reviewed and approved by Sun Summit’s Vice President Exploration, Ken MacDonald, P. Geo., a ‘Qualified Person’ as defined in National Instrument 43-101 Standards of Disclosure for Mineral Projects of the Canadian Securities Administrators. Mr. MacDonald has verified the data disclosed in this press release, including the sampling, analytical and test data underlying this information that has been collected by Sun Summit. Verification procedures include industry standard quality control practices. Some technical information contained in this release is historical in nature and has been compiled from public sources believed to be accurate. The historical technical information has not been verified by Sun Summit and may in some instances be unverifiable dependent on the existence of historical drill core and grab samples. Management cautions that past results are not necessarily indicative of the results that may be achieved on the property.

Community Engagement

Sun Summit is engaging with First Nations on whose territory our projects are located and is discussing their interests and identifying contract and work opportunities, as well as opportunities to support community initiatives. The Company looks forward to continuing to work with local and regional First Nations with ongoing exploration.

About the JD Project

The JD Project is located in the Toodoggone mining district in north-central British Columbia, a highly prospective deposit-rich mineral trend. The project covers an area of over 15,000 hectares and is in close proximity to active exploration and development projects, such as Thesis Gold’s Lawyers and Ranch projects, TDG Gold’s Baker-Shasta projects, Amarc Resource’s AuRORA project, Centerra’s Gold’s Kemess East and Underground projects, as well as the past-producing Kemess open pit copper-gold mine (Figure 5).

The project is 450 kilometres northwest of the city of Prince George, and 25 kilometres north of the Sturdee airstrip. It is proximal to existing infrastructure in place to support the past-producing Kemess mine, including roads and a hydroelectric power line.

The JD Project is in a favourable geological environment characterized by both high-grade epithermal gold and silver mineralization, as well as porphyry-related copper and gold mineralization. Some historical exploration, including drilling, geochemistry and geophysics, has been carried out on the property, however the project area is largely underexplored.

About Sun Summit

Sun Summit Minerals (TSXV: SMN) (OTCQB: SMREF) is a mineral exploration company focused on the discovery, expansion and advancement of district scale gold and copper assets in British Columbia. The Company’s diverse portfolio includes the JD and Theory projects in the Toodoggone region of north-central B.C., and the Buck Project in central B.C.

Further details are available at www.sunsummitminerals.com.

References

  1. Hawkins, P.A. (1998), 1997 Exploration Report on the Creek Zone for Antares Mining and Exploration Corporation and AGC Americas Gold Corporation, JD Property, Toodoggone River Area, Omineca Mining Division, Internal Report #98-065-1.

Link to Figures

Figure 1: https://wp-sunsummitminerals-2024.s3.ca-central-1.amazonaws.com/media/2026/01/20260122_Figure1_SMN_JD_Finn_All-scaled.jpg

Figure 2: https://wp-sunsummitminerals-2024.s3.ca-central-1.amazonaws.com/media/2026/01/20260122_Figure2_SMN_JD_Finn_All-scaled.jpg

Figure 3: https://wp-sunsummitminerals-2024.s3.ca-central-1.amazonaws.com/media/2026/01/20260122_Figure3_SMN_JD_Finn_CrossSection-scaled.jpg

Figure 4: https://wp-sunsummitminerals-2024.s3.ca-central-1.amazonaws.com/media/2026/01/20260122_Figure4_SMN_JD_CZ-002_CorePhotos-scaled.jpg

Figure 5: https://wp-sunsummitminerals-2024.s3.ca-central-1.amazonaws.com/media/2026/01/20260122_Figure5_SMN_JD_BS_Holes-scaled.jpg

Figure 6: https://wp-sunsummitminerals-2024.s3.ca-central-1.amazonaws.com/media/2026/01/20260122_Figure6_SMN_JD-25-013_CorePhotos-scaled.jpg

Figure 7: https://wp-sunsummitminerals-2024.s3.ca-central-1.amazonaws.com/media/2026/01/20260121_Figure1-Toodoggone-map.jpg

On behalf of the board of directors

Niel Marotta
Chief Executive Officer & Director
info@sunsummitminerals.com

For further information, contact:

Matthew Benedetto, Simone Capital
mbenedetto@simonecapital.ca
Tel. 416-817-1226

Forward-Looking Information

This news release contains ‘forward-looking information’ within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates, projections and interpretations as at the date of this news release. Any statement that involves predictions, expectations, interpretations, beliefs, plans, projections, objectives, assumptions, future events or performance (often, but not always, using phrases such as ‘expects’, or ‘does not expect’, ‘is expected’, ‘interpreted’, ‘management’s view’, ‘anticipates’ or ‘does not anticipate’, ‘plans’, ‘budget’, ‘scheduled’, ‘forecasts’, ‘estimates’, ‘potential’, ‘feasibility’, ‘believes’ or ‘intends’ or variations of such words and phrases or stating that certain actions, events or results ‘may’, ‘could’, ‘would’, ‘might’ or ‘will’ be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information. This news release contains the forward-looking information pertaining to, among other things: the significance of the assay results reported at Finn Zone, JD Project; the size and timing of the 2026 drill program at the JD project, and the focus areas thereof; the contribution of results, if any, from the 2026 drill program to an inaugural mineral resource estimate and timing thereof; the Finn Zone constituting or remaining a priority target for the 2026 drill program, if at all; the availability and sufficiency of funding to complete the 2026 drill program as planned; future use of assay and geological data from the 2025 Finn Zone drill program, if any for purposes of the next phase of drilling, and timing thereof; the future focus of the drill program at the Finn to Creek Corridor; timing of announcement of details of the summer 2026 JD drill program, if any; the prospects, if any, of the JD Project; the size and timing of future exploration activities, including drilling, at the JD Project; the significance and reliability of historic exploration activities and results; the ability of exploration activities to predict mineralization; the ability of mineralization to be extracted on favourable economic terms; the reliability of a 3D geological and structural model; the results of the selection of samples from 2024 and 2025 drilling sent to the ALS Global analytical facility; the results of any community engagement activities; the JD Project being on a deposit-rich mineral trend; property, royalty, option and other similar property interests.

Although the forward-looking information contained in this news release is based upon what management believes, or believed at the time, to be reasonable assumptions, Sun Summit cannot assure shareholders and prospective purchasers of securities of the Company that actual results will be consistent with such forward-looking information, as there may be other factors that cause results not to be as anticipated, estimated or intended, and neither Sun Summit nor any other person assumes responsibility for the accuracy and completeness of any such forward-looking information. Such factors include, among others, risks relating to the ability of exploration activities (including drill results) to accurately predict mineralization; errors in management’s geological modelling; the ability of Sun Summit to complete further exploration activities, including drilling; property, option and royalty interests in the JD Gold Project; the ability of the Company to obtain required approvals; the results of exploration activities; risks relating to mining activities; the global economic climate; metal prices; dilution; environmental risks; and community and non-governmental actions. Sun Summit does not undertake, and assumes no obligation, to update or revise any such forward-looking statements or forward-looking information contained herein to reflect new events or circumstances, except as may be 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 release.

Click here to connect with Sun Summit Minerals (TSXV:SMN,OTCQB:SMREF) to receive an Investor Presentation

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

Rua Gold Inc. (‘Rua’ or the ‘Company’) (TSXV: RUA,OTC:NZAUF) (OTCQB: NZAUF) is pleased to announce that, due to strong investor demand, it has amended its agreement with Raymond James Ltd. and Cormark Securities Inc., as joint bookrunners and co-lead agents on behalf of a syndicate of agents, including Beacon Securities Ltd. (collectively, the ‘Agents’) to increase the size of its previously announced brokered private placement offering of common shares of the Company (‘Common Shares’) to raise gross proceeds of up to $24,999,920 (the ‘Upsized Offering’), consisting of 22,727,200 Common Shares at a price of $1.10 per Common Share.

The net proceeds of the Upsized Offering will be used for exploration and development activities on the Company’s Reefton Project and Glamorgan Project, both located in New Zealand, and for working capital and general corporate purposes.

The Common Shares issued under the Upsized Offering will be issued and sold to eligible purchasers pursuant to the ‘listed issuer financing exemption’ under Part 5A of National Instrument 45-106 – Prospectus Exemptions as amended by Coordinated Blanket Order 45-935 – Exemptions from Certain Conditions of the Listed Issuer Financing Exemption (the ‘LIFE Exemption’), will be issued to purchasers in each of the provinces of Canada, except Québec, and other qualifying jurisdictions, including the United States on a private placement basis pursuant to available exemptions from the registration requirements under the United States Securities Act of 1933, as amended (the ‘U.S. Securities Act’). The Common Shares to be issued and sold under the Upsized Offering will not be subject to resale restrictions pursuant to applicable Canadian securities laws.

Due to the upsizing of the previously announced brokered private placement, the Agents will no longer have the option to offer for sale up to an additional 15% of the number of Common Shares sold in the Upsized Offering.

There is an amended and restated offering document related to the Upsized Offering that can be accessed under the Company’s issuer profile at www.sedarplus.ca and on the Company’s website at www.ruagold.com. Prospective investors should read this amended and restated offering document before making an investment decision concerning the Common Shares.

The Upsized Offering is expected to close on or about January 28, 2026 and is subject to certain closing conditions including, but not limited to, the receipt of all necessary approvals including the conditional listing approval of the TSX Venture Exchange (‘TSX-V’) and the applicable securities regulatory authorities. The Upsized Offering is subject to final acceptance of the TSX-V.

The Common Shares have not been registered and will not be registered under the U.S. Securities Act, or any state securities laws and may not be offered or sold in the United States or to, or for the account or benefit of, ‘U.S. Persons’ (as such term is defined in Regulation S under the U.S. Securities Act) absent registration or an applicable exemption from the registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful.

About Rua Gold Inc.

Rua Gold Inc. is an exploration company, strategically focused on New Zealand. With decades of expertise, their team has successfully taken major discoveries into producing world-class mines across multiple continents. The team is focused on maximizing the asset potential of Rua Gold’s two highly prospective high-grade gold projects. The Company controls the Reefton Gold District as the dominant landholder in the Reefton Goldfield on New Zealand’s South Island with over 120,000 hectares of tenements, in a district that historically produced over 2Moz of gold grading between 9 and 50g/t. The Company’s Glamorgan Project solidifies Rua Gold’s position as a leading high-grade gold explorer on New Zealand’s North Island. This highly prospective project is located within the North Islands’ Hauraki district, a region that has produced an impressive 15Moz of gold and 60Moz of silver. Glamorgan is adjacent to OceanaGold Corporation’s biggest gold mining project, Wharekirauponga.

Robert Eckford
Chief Executive Officer

FOR FURTHER INFORMATION PLEASE CONTACT:
Robert Eckford
Phone: (604) 655-7354
Email: reckford@ruagold.com

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

Forward-Looking Information

This news release includes certain statements that may be deemed ‘forward-looking statements’. All statements in this new release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words ‘expects’, ‘plans’, ‘anticipates’, ‘believes’, ‘intends’, ‘estimates’, ‘projects’, ‘potential’ and similar expressions, or that events or conditions ‘will’, ‘would’, ‘may’, ‘could’ or ‘should’ occur and specifically include statements regarding: closing of the Upsized Offering, including receipt of approvals therefor, the Company’s strategies, expectations, planned operations or future actions, including but not limited to exploration programs at its Reefton and Glamorgan projects and the results thereof. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements.

Investors are cautioned that any such forward-looking statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. A variety of inherent risks, uncertainties and factors, many of which are beyond the Company’s control, affect the operations, performance and results of the Company and its business, and could cause actual events or results to differ materially from estimated or anticipated events or results expressed or implied by forward looking statements. Some of these risks, uncertainties and factors include: general business, economic, competitive, political and social uncertainties; risks related to the effects of the Russia-Ukraine war; risks related to climate change; operational risks in exploration, delays or changes in plans with respect to exploration projects or capital expenditures; the actual results of current exploration activities; conclusions of economic evaluations; changes in project parameters as plans continue to be refined; changes in labour costs and other costs and expenses or equipment or processes to operate as anticipated, accidents, labour disputes and other risks of the mining industry, including but not limited to environmental hazards, flooding or unfavorable operating conditions and losses, insurrection or war, delays in obtaining governmental approvals or financing, and commodity prices.

Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

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The White House fully supports efforts on Capitol Hill to impeach federal judges who have gone ‘totally rogue’ with partisan rulings, Fox News Digital learned. 

A White House official told Fox News Digital that the administration is closely tracking the Senate Judiciary Committee’s impeachment inquiry involving U.S. District Judges James Boasberg, of the U.S. District Court for the District of Columbia, and Deborah Boardman, of the U.S. District Court in Maryland, as Republican lawmakers openly discuss impeaching what they describe as ‘activist’ judges.

‘Left-wing, activist judges have gone totally rogue,’ a White House official told Fox News Digital. ‘They’re undermining the rule of law in service of their own radical agenda. It needs to stop. And the White House fully embraces impeachment efforts.’

The White House official continued that President Donald Trump must be able to ‘lawfully implement the agenda the American people elected him on,’ arguing that judges who repeatedly issue partisan rulings have abused their offices and forfeited their claim to impartiality.

Federal judges can be impeached when the House approves articles alleging misconduct or abuse of office, with removal certified after the Senate convicts by a two-thirds vote. 

Boasberg has become a prime target for Republicans over a string of rulings tied to Trump-era immigration policies — including cases involving the transfer of migrants to El Salvador and other countries rather than holding them in U.S. detention.

More recently, he’s drawn fresh GOP backlash after reports surfaced that he approved warrants in former special counsel Jack Smith’s ‘Arctic Frost’ probe that enabled investigators to seize phone records connected to some Republican lawmakers.

He first faced articles of impeachment in March 2025 for preventing the administration from deporting some illegal migrants under the Alien Enemies Act, and again in November over the Arctic Frost decision. 

A White House official told Fox Digital that Boasberg has a history of issuing ‘plainly illegal’ while pointing to the warrants and subpoenas he authorized in the Arctic Frost investigation.

Boardman faces impeachment calls over her sentencing decision for a man found guilty of charges related to trying to assassinate Supreme Court Justice Brett Kavanaugh. The man was sentenced to eight years when the recommended term was 30 years. 

Sen. Ted Cruz, R-Texas, is among Republican lawmakers calling for Boasberg and Boardman to be impeached. He argued that they ‘meet the constitutional standard for impeachment’ during a Senate Judiciary subcommittee hearing earlier in January, calling both ‘rogue judges.’ 

The White House argued that federal judges who develop a record of issuing rogue, plainly unlawful rulings to advance or undermine a political party forfeit their impartiality, abuse their authority and warrant impeachment.

Both judges have avoided commenting publicly on impeachment talk, declining a Senate invitation to testify Jan. 7. 

Speaker of the House Mike Johnson also threw his support behind impeaching ‘rogue’ judges Wednesday. 

‘I think some of these judges have gotten so far outside the bounds of where they’re supposed to operate,’ Johnson said during a weekly press conference. ‘It would not be, in my view, a bad thing for Congress to lay down the law.’ 

The remarks are a departure from his comments in 2025, when he said impeachment was not a practical tool against judges seen as activists working against the Trump administration. 

‘Look, impeachments are never off the table if it’s merited. But in our system — we’ve had 15 federal judges impeached in the entire history of the country — I mean, there may be some that I feel merit that, but you’ve got to get the votes for it. And it’s a very high burden,’ Johnson said in May 2025.

‘Frankly, the bar is high crimes and misdemeanors. I mean, the last federal judge impeached, I think was caught … taking cash in an envelope. You know, it’s got to be a pretty brazen offense or a real open crime that everybody could agree to.’

Democrats have pushed against Republican calls for impeachment, including Senate Judiciary Committee member Sheldon Whitehouse responding to Cruz’s comments on potentially impeaching the judges in a letter to Johnson Wednesday. 

‘The pattern is clear: judges rule against the Administration; the President or his allies attack and spread misinformation; judges and their families receive threats, ‘swatting’ attempts, and threatening stunts like pizzas in the name of a federal judge’s murdered son.  DOJ has repeatedly refused to assure us that they are investigating the pattern of threats for possible orchestration. Baseless calls for impeachment in this threat environment only add to the dangers facing these judges and their loved ones,’ Whitehouse wrote in his letter to Johnson. 


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Live Action, a pro-life organization, is demanding that the Trump administration take action on the distribution of and reporting on mifepristone, often colloquially called ‘the abortion pill.’ 

The group is holding a press conference on Capitol Hill on Thursday to discuss concerns surrounding the abortion drug, as well as a new investigative video from Live Action that the group says documents ‘the dangerous real-world distribution of this drug by Planned Parenthood and affiliated providers.’ The group alleges ‘reckless distribution’ practices and argues the adverse effects of the drug are not being documented properly, if at all.

In a letter to Health and Human Services (HHS) Secretary Robert F. Kennedy Jr. and U.S. Food and Drug Administration (FDA) Commissioner Dr. Marty Makary, Live Action said it aims to show ‘clear evidence of regulatory noncompliance and patient harm’ and to issue a call for immediate action from HHS and the FDA.

The letter urges HHS and the FDA to suspend the approval of mifepristone, prohibit the distribution of abortion pills through mail-order services and telehealth, reinstate comprehensive adverse-event reporting requirements, and release a full public accounting of the scientific and clinical evidence used to expand access to the drug.

‘For more than two decades, mifepristone has remained on the market under an approval process that was politically accelerated, shielded from transparency, and repeatedly expanded without regard for patient safety, adverse event reporting, or statutory compliance,’ the letter, signed by Lila Rose, Live Action founder and president, reads.

The FDA currently allows mifepristone to be prescribed via telehealth appointments and distributed by mail under its risk evaluation and mitigation strategy (REMS) program. The FDA advises against buying mifepristone online outside its REMS program, warning that those who do ‘would be bypassing important safeguards specifically designed to protect their health.’

The letter also references an April 2025 report issued by the Ethics & Public Policy Center (EPPC). The report claims that nearly 11% of women experience adverse side effects within 45 days of taking mifepristone, including sepsis, infection and hemorrhaging.

‘The real-world rate of serious adverse events following mifepristone abortions is at least 22 times as high as the summary figure of ‘less than 0.5 percent’ in clinical trials reported on the drug label,’ the EPPC report summary states.

Live Action also put out a video purportedly showing real calls with 27 Planned Parenthood locations across the U.S. In the video, a woman speaks with various Planned Parenthood locations about obtaining the abortion pill. The video appears to feature Planned Parenthood facilities in Alaska, Colorado, Kansas, Oregon, Minnesota, New Mexico and New York, with some states appearing multiple times.

The first section shows the woman asking whether the clinics need to see ultrasounds before prescribing the pill in order to assess the gestational age of the fetus. Many of those answering the phones at the Planned Parenthood locations said women could obtain the pill without an ultrasound through a telehealth appointment.

In the second section, the woman who called was told that Planned Parenthood would not test for Rhesus (Rh) incompatibility. Rh is a protein that some people carry in their blood, and it can cause issues in future pregnancies. 

A form from Planned Parenthood of Greater New York dated March 2020 states that, ‘There is a chance you might make Rh antibodies and have problems with future pregnancies. Research has not proved this.’

Live Action’s video also purportedly showed that those who answered the phone at multiple Planned Parenthood locations assured the women that they did not need to give their medical history or attend an in-person follow-up.

It was unclear if the individuals who spoke with the woman had medical training. One suggested that the woman speak to a medical professional to get more accurate information on specific questions.

Those who answered the phone for clinics in multiple states also said the caller would be able to have the pills sent to another person’s house. When asked whether the pills needed to be taken right away, most said they did not, with many assuring the woman calling that she could change her mind or wait to make a decision. However, the person on the phone at one clinic said that the woman had until 12 weeks to take the pill and advised that it would not be effective after that time.

Live Action released its letter and accompanying video ahead of the annual March for Life, which is scheduled for Jan. 23. Vice President JD Vance, who recently announced that he and his wife, Usha, are expecting their fourth child, is slated to speak at the march, as he did in 2025. Other speakers include House Speaker Mike Johnson, R-La., and Rep. Chris Smith, R-N.J.

In a statement to Fox News Digital, Planned Parenthood said its health centers that offer medication abortion ‘follow all applicable laws and regulations and always ensure care provided reflects the latest credible research and upholds the highest standard of patient care.’ 

‘In accordance with Planned Parenthood Federation of America’s medical standards and guidelines — which are developed and updated with medical experts across the field of sexual and reproductive health care using rigorous scientific evidence — providers at Planned Parenthood health centers explain the associated risks and benefits to patients seeking medication abortion, just as they do with every health care service provided,’ Danika Severino, Planned Parenthood vice president of care and access, said in a statement.

‘Mifepristone is safe, legal, and has been used by more than 7.5 million people for abortion and miscarriage care since its approval by the U.S. Food and Drug Administration (FDA) 25 years ago,’ Severino added. ‘Despite 25 years of data and more than 100 peer-reviewed studies proving mifepristone is extremely safe and effective, anti-abortion activists continue to spread disinformation to advance their harmful political agenda.’  

Fox News Digital also reached out to HHS and the FDA for comment.


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The State Department is finalizing an expansion of the Mexico City Policy Friday that will bar U.S. foreign assistance from subsidizing abortion and, in a major broadening, from supporting what the administration calls gender and diversity, equity and inclusion (DEI) programs, Fox News Digital learned Thursday.

The Mexico City Policy is a Reagan-era U.S. rule that conditions foreign aid on recipient groups certifying they will not provide or promote abortion as a method of family planning. Former President Ronald Reagan first rolled the policy out in 1984 at a United Nations population conference to prevent U.S. foreign aid from being used to promote abortion in other nations. 

The State Department Friday is expected to finalize three rules to expand the Mexico City Policy to protect foreign assistance from subsidizing not only abortion as a method of family planning, but also gender ideology, equity and DEI ideology and abortion as a method of family planning, Fox News Digital learned. 

Under previous iterations of the Mexico City Policy, U.S. funding was barred from supporting organizations that provide or promote abortion as a method of family planning. During President Donald Trump’s first term, the policy was expanded to cover roughly $8 billion in global health assistance. 

The newly finalized rules go further, and cover all nonmilitary foreign assistance to the tune of more than $30 billion. 

Foreign nongovernmental organizations (NGOs) and international organizations receiving U.S. assistance will be required to certify that they do not provide or promote abortion as a method of family planning, promote gender ideology, promote discriminatory equity ideology, or engage in unlawful diversity, equity and inclusion–related discrimination, according to the policy framework. 

U.S.-based NGOs operating overseas will face similar certification requirements, Fox Digital learned. 

Democrat presidents typically rescind the rule, such as former President Joe Biden’s days after taking office in 2021, with Republican presidents typically reinstating the rule, as did Trump in January 2025. 

‘These excessive conditions on foreign and development assistance undermine the United States’ efforts to advance gender equality globally by restricting our ability to support women’s health and programs that prevent and respond to gender-based violence,’ Biden said in 2021 when defending rescinding the rule after the first Trump administration wrapped up. 

The Mexico City Policy got its name due to Reagan first unveiling the policy at a U.N. conference that was held in Mexico City in 1984. The rule later became known as the ‘global gag rule’ because it conditioned U.S. aid on groups that agreed not to provide or promote abortion as family planning, which opponents argued effectively ‘gags’ their speech and advocacy overseas.

The expected new rules come as the annual March for Life will be held in Washington, D.C., Friday, which attracts thousands of pro-lifers in the cold winter months to march through the streets of the nation’s capital to champion protecting the unborn. Vice President JD Vance is slated to join the pro-lifers and deliver remarks. 

Trump repeatedly has touted the policy, saying in 2017 that his first administration was working ‘to protect the unborn’ by reinstating the Mexico City Policy. The addition of gender and DEI ideology to the framework follows the Trump administration’s year of work to roll back what it describes as the use of federal policy and funding to advance progressive social ideology.

‘We’ve ended the tyranny of so-called diversity, equity and inclusion policies all across the entire federal government,’ Trump celebrated back in March 2025. ‘Our country will be woke no longer.’


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