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Sranan Gold Corp. (CSE: SRAN,OTC:SRANF) (‘Sranan Gold’ or the ‘Company’) reports additional assay results from diamond drilling at the Randy’s Pit target on its Tapanahony Project, Suriname.

Highlights include 22.4m at 2.44 g/t Au in hole 25RADD-006 and 19m at 1.68 g/t Au in hole 25RADD-009. These new results (Table 1) continue to extend the mineralized structure along strike and with depth. The results build on the previously released (NR 04 November 2025) intercept of 64.0 metres grading 3.0 g/t Au (including 33.5 g/t Au over 5 m) in drill hole 25RADD-004. Sranan has now completed over 3,000 metres of drilling at Randy’s pit target and continues to demonstrate the continuity, and potential of the 4.5-km-long Randy–Poeketi gold Trend.

Table 1: Additional mineralized zones* of initial holes drilled by Sranan Gold
EPSG: 32621, UTM 21N WGS 84

Hole ID Easting Northing Z Azimuth Dip Depth From (m) To (m) Interval (m) Au (g/t)
25RADD-005 766349 455400 127.9 90 -45 224 73.5 85.5 12 1.31
Including 84.5 85.5 1 9.63
and 98 106 8 1.06
25RADD-006 766355 455370 130.3 90 -45 161 91.6 114 22.4 2.44
including 99 114 15 3.17
including 101 108 7 4.77
and including 105 108 3 7.99
and including 105 106 1 16.43
25RADD-007 766355 455370 130.3 90 -45 224 144 150 6 3.82
and 157 159 2 2.88
25RADD-008 766337 455346 126.2 90 -50 200 138 146.5 8.5 1.77
including 138 139 1 7.44
including 143.5 145.5 2 3.11
   
25RADD-009 766310 455455 134.7 90 -45 200 87 92 5 1.40
and 114 133 19 1.68
including 120 126 6 4.29
and including   120 121 1 24.71 

 

*Intercepts above 0.3 g/t Au with internal dilution up to 5m tolerated.

Widths shown are sampled intervals within the drill hole and may not represent true widths or thickness.

These new drill results continue to intersect multiple mineralized intervals within a wider shear corridor with zones of higher-grade mineralization. There is consistent mineralization within the upper and mid-levels of this west dipping shear system that support continuity between earlier holes and the holes reported in this release. A strong, broad interval is recognized in a central mineralized corridor that is trending along strike from the initial high-grade intercept in 25RADD-004 (see NR dated 04 November 2025).

The higher-grade intercepts reported in this release indicate that there is vertical and lateral continuity of the gold mineralization. The drilling completed to date supports the Company’s developing structural model of high-grade shoots within the north-north-west trending Poeketi shear corridor. The 19-metre interval in drill hole 25RADD-009 (see Figure1) is especially important as it represents an additional wide zone of continuous mineralization that is north of Randy’s pit.

Dr. Dennis LaPoint, EVP Exploration and Business Development states that ‘We are very pleased with the continued expansion of the mineralized trend at Randy’s pit along strike and at depth. The high grades are positive for future development as we continue to expand the mineralization at the Randy’s pit further to the north.’

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Figure 1: Plan map of drilling by Sranan Gold at Randy’s Pit target with new major structural corridor of shearing, the Poeketi shear Zone

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The mineralized shear zone is hosted in basalt/mafic volcanic rock (see Figure 2) with strong sericite-silica alteration. Oriented core measurements confirm NNW striking shear zone, with slight crenulations and local brecciation. The presence of both pyrite and pyrrhotite is strongly associated with the mineralized shear corridor.

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Figure 2: Section 455350N showing 25RADD-006 and 25RADD-007 with west dipping NNW shear zone within basalts north of Randy’s pit

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Samples were prepared and assayed by Filab in Paramaribo, Suriname. All samples >2 g/t were re-assayed with 50 gm re-assay and gravimetric assay. Standard QA/QC procedures were followed and showed a satisfactory level of reproducibility. The Company notes that the drill intercepts may not represent true underlying mineralization. Core logging and photography and sampling are completed under strict industry standard QA/QC protocols (Oreas certified reference materials, assayed coarse blanks, duplicates of core).

Qualified Person
Dr. Dennis J. LaPoint, Ph.D., P.Geo., a ‘qualified person’ as defined under National Instrument 43-101, has reviewed and approved the scientific and technical information contained in this release. Dr. LaPoint is not independent of Sranan Gold, as he is the Company’s EVP of Exploration and Corporate Development.

About Sranan Gold
Sranan Gold Corp. is engaged in the business of mineral exploration and the acquisition of mineral property assets in Suriname and Canada. The Company’s flagship Tapanahony Project covers 29,000 hectares in one of Suriname’s most prolific artisanal gold mining districts.

For more information, please visit sranangold.com.

Information contact
Oscar Louzada, CEO
+31 6 25438975

THE CANADIAN SECURITIES EXCHANGE HAS NOT APPROVED NOR DISAPPROVED THE CONTENT OF THIS PRESS RELEASE.

Forward-looking statements

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

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

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western copper and gold corporation  (TSX: WRN) (NYSE American: WRN) (‘Western’ or the ‘Company’) is pleased to contribute $75,000 to Little Salmon Carmacks First Nation (‘LSCFN’) to support meal and nutrition programs at Tantalus Community School and the LSCFN Daycare for the 202526 school year.

These programs deliver daily meals and snacks to children in Carmacks, ensuring students have access to reliable, healthy food throughout the school day. In recent months, changes to federal support funding programs have created uncertainty for many Yukon communities, resulting in delays and gaps in approvals for programs that families depend on. As a result, several school nutrition programs across the territory, including those in Carmacks, have faced challenges in maintaining consistent delivery.

LSCFN has worked diligently to keep its programs operating despite these pressures. Western’s contribution will help offset food purchasing, staffing, and program delivery costs so the community can maintain consistent services throughout the school year.

‘Little Salmon Carmacks First Nation appreciates the support from Western Copper and Gold to continue offering the nutrition programs at Tantalus Community School and our Dunena Zra Sanchi Ku Daycare,’ said Russel Blackjack, Chief of LSCFN. ‘Following the disappointing announcement that Canada would not be supporting these programs, LSCFN was committed to continuing to offer them. These programs are essential to our community’s children and families. They not only support nutrition, which ultimately plays a key role in learning outcomes for our children, but they provide employment opportunities for our citizens to support well-being and self-reliance. Mussi Cho.’

‘Ensuring children have access to nutritious meals is foundational to their health, learning, and development,’ said Sandeep Singh, President & CEO of Western. ‘We’re grateful to work alongside Little Salmon Carmacks First Nation in supporting these programs for the children and families of Carmacks. We see this as part of what it means to operate responsibly in the Yukon.’

The contribution is provided through Casino Cares, the Company’s community investment program focused on youth, education, and community well-being across the Yukon.

Western’s approach to community investment is grounded in partnership, respect, and the belief that strong relationships drive strong outcomes. As the Company advances the Casino Project, it remains committed to supporting initiatives that strengthen communities, enhance opportunities for youth, and contribute to a lasting positive legacy.

ABOUT LITTLE SALMON CARMACKS FIRST NATION’S NUTRITION AND WELLNESS PROGRAM

Little Salmon Carmacks First Nation has long prioritized programs that support the health, well-being, and success of children and families in the community of Carmacks. Through initiatives such as the Tantalus Community School meal program and the LSCFN Daycare food program, the First Nation provides daily access to nutritious meals and snacks, helping ensure students have the foundation they need to learn, grow, and thrive.

LSCFN’s approach to community wellness is guided by the Nation’s values, leadership, and commitment to self-determination. By developing and delivering their own child-focused programs, LSCFN advances First Nation control over essential services, strengthens culturally grounded support, and responds directly to the needs of families in their community.

The First Nation continues to advocate for sustainable, long-term solutions to education and nutrition funding in the Yukon, and remains dedicated to maintaining consistent, reliable programs that support student success and contribute to a strong future for Carmacks.

ABOUT western copper and gold corporation

western copper and gold corporation is advancing the Casino Project, Canada’s premier copper-gold mine in the Yukon and one of the most economic greenfield copper-gold mining projects in the world.

The Company is committed to working collaboratively with First Nations and local communities to progress the Casino Project, using internationally recognized responsible mining technologies and practices.

For more information, visit www.westerncopperandgold.com.

On behalf of the board,

‘Sandeep Singh’

Sandeep Singh
President & CEO
western copper and gold corporation
For more information, please contact:

Cameron Magee
Director, Investor Relations & Corporate Development
western copper and gold corporation
437-219-5576 or cmagee@westerncopperandgold.com

Cautionary Note Regarding Forward-Looking Statements

This news release includes certain ‘forward-looking information’ and ‘forward-looking statements’ (collectively ‘forward-looking statements’) within the meaning of applicable Canadian and United States securities legislation including the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements are made as of the date of this news release. Forward-looking statements are frequently, but not always, identified by words such as ‘expects’, ‘anticipates’, ‘believes’, ‘plans’, ‘projects’, ‘intends’, ‘estimates’, ‘envisages’, ‘potential’, ‘possible’, ‘strategy’, ‘goals’, ‘opportunities’, ‘objectives’, or variations thereof or stating that certain actions, events or results ‘may’, ‘could’, ‘would’, ‘might’ or ‘will’ be taken, occur or be achieved, or the negative of any of these terms and similar expressions. Such forward-looking statements herein include statements regarding the advancement of the proposed Casino Project, the Company’s continued community investment commitments, and anticipated ongoing partnerships and program support.

Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual events to be materially different from those expressed or implied by such statements. Such factors include but are not limited to the risk of unforeseen challenges in advancing the Casino Project, potential impacts on operational continuity, changes in general market conditions that could affect the Company’s performance; and other risks and uncertainties disclosed in the Company’s annual information form and Form 40-F for the most recently completed financial year and its other publicly filed disclosure documents.

Forward-looking statements are based on assumptions management believes to be reasonable, such assumptions and factors as set out herein, and in the Company’s annual information form and Form 40-F for the most recently completed financial year and its other publicly filed disclosure document.

Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, other factors may cause results to be materially different from those anticipated, described, estimated, assessed or intended. These forward-looking statements represent the Company’s views as of the date of this news release. There can be no assurance that any forward-looking statements will be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company does not intend to and does not assume any obligation to update forward-looking statements other than as required by applicable law.

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Los Andes Copper Ltd. (TSXV: LA,OTC:LSANF) (OTCQX: LSANF) (‘Los Andes’ or the ‘Company’) is pleased to provide an update on the Company’s successful community engagement and social development programs carried out during 2025.

Highlights

  • Successful launch of third Female Entrepreneurs program, receiving 350 applications.
  • Renewal of the partnership with national and local educational institutions to develop mining-related skills at local high schools and universities.
  • Two community agreements renewed to advance work on outdoor recreation projects and conceptual environmental offset studies for the Vizcachitas Project.
  • Organized landmark seminar facilitating important discussions on the compatibility and complementary nature of mining and farming activities in the Valparaíso Region.

Santiago Montt, CEO of Los Andes, commented:

‘We have made further notable achievements this year with our community outreach programs which remain a vital part of our work to advance the project. The successful completion of our programs across the year has helped to strengthen partnerships across the local communities.

‘We are very pleased with the response and look forward to continuing to work closely with the community to highlight the benefits Vizcachitas will bring. This includes outdoor recreation projects and the conceptual development of environmental offset that could benefit community properties which have remained underused.

‘We remain committed to creating shared values and fostering sustainable development in the Putaendo County, San Felipe Province and Valparaíso Region through our partnerships, programs and collaboration with stakeholders. We look forward to continuing this important work in the years ahead.’

Further information

Securing and maintaining the social license to operate and enhancing community engagement is a key focus for Los Andes. Work on the ground has continued with the Company’s community engagement teams focusing on ensuring that the Vizcachitas project remains an engine of sustainable regional development and that meaningful collaboration is occurring with the local stakeholders.

The Vizcachitas project is expected to provide sustainable economic development to the Valparaíso Region. The regional GDP is expected to increase by more than 3% with the project’s development, according to the social impact assessment study carried out by José Ignacio Guzmán, Professor at Universidad Católica de Chile (2023).

The Company successfully launched the third iteration of its Female Entrepreneurs program. The number of applications increased by 10% year-on-year to 350 applicants following the success of the previous two programs. 45 aspiring businesswomen from across Putaendo county were selected to participate in the program.

Los Andes also renewed and expanded its partnership aimed at developing mining-related skills at local high schools and universities, in collaboration with key national organizations. The partnerships aim to improve young people’s access to quality education and training opportunities that prepare them for careers in the modern mining industry.

In 2024, agreements were signed with two communities in Putaendo that own large parcels of land with the aim of working together to advance work on outdoor recreation projects and the conceptual study of environmental offset opportunities for the Vizcachitas Project. The Company can report that the work has shown potential for collaborative environmental stewardship, and it has renewed the agreements to further advance the opportunities that arose. The collaboration agreement with a local water association in the Putaendo Valley was also renewed.

During the year the Company organized a landmark seminar titled ‘Agriculture and Mining: Collaboration and Synergies of Two Engines of Regional Development’, facilitating important discussions on the compatibility and complementary nature of mining and farming activities in the Valparaíso Region. The event brought together local farmers, business leaders, and the heads of all major national business organizations, including commerce, agriculture, industrial, and mining sectors.

About Los Andes Copper Ltd.

Los Andes Copper Ltd. is an exploration and development company with an 100% interest in the Vizcachitas Project in Chile. The Company is focused on progressing the Project, which is located along Chile’s most prolific copper belt, into production. Vizcachitas is one of the largest copper deposits in the Americas not controlled by the majors and the Company believes it will be Chile’s next major copper mine.

The Project is a copper-molybdenum porphyry deposit, located 150 kilometers north of Santiago, in an area of very good infrastructure. An independent technical report for the PFS, prepared in accordance with NI 43-101, is available on the Company’s SEDAR profile.

Los Andes Copper Ltd. is listed on the TSX-V under the ticker: LA.

Qualified Persons

Antony Amberg CGeol FGS, the Company’s Chief Geologist, is the qualified person who has reviewed and approved the scientific and technical information contained in this news release.

For more information please contact:

Santiago Montt, CEO
santiago.montt@losandescopper.com
Tel: +56 2 2954-0450

Elizabeth Johnson, Investor Relations
Elizabeth.johnson@losandescopper.com

E-Mail: info@losandescopper.com or visit our website at: www.losandescopper.com
Follow us on twitter @LosAndesCopper
Follow us on LinkedIn Los Andes Copper Ltd

Certain of the information and statements contained herein that are not historical facts, constitute ‘forward-looking information’ within the meaning of the Securities Act (British Columbia), Securities Act (Ontario) and the Securities Act (Alberta) (‘Forward-Looking Information’). Forward-Looking Information is often, but not always, identified by the use of words such as ‘seek’, ‘anticipate’, ‘believe’, ‘plan’, ‘estimate’, ‘expect’ and ‘intend’; statements that an event or result is ‘due’ on or ‘may’, ‘will’, ‘should’, ‘could’, or might’ occur or be achieved; and, other similar expressions. More specifically, Forward-Looking Information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such Forward-Looking Information. Such Forward Looking Information includes, without limitation, the timing of and ability to obtain TSX-V and other regulatory approvals and the prospects, details related to and timing of the Vizcachitas Project. Such Forward-Looking Information is based upon the Company’s assumptions regarding global and Chilean economic, political and market conditions and the price of metals and energy and the Company’s production. Among the factors that have a direct bearing on the Company’s future results of operations and financial conditions are changes in project parameters as plans continue to be refined, a change in government policies, competition, currency fluctuations and restrictions and technological changes, among other things. Should one or more of any of the aforementioned risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from any conclusions, forecasts or projections described in the Forward-Looking Information. Accordingly, readers are advised not to place undue reliance on Forward-Looking Information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise Forward-Looking Information, whether as a result of new information, future events or otherwise.

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

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(TheNewswire)

Charbone Hydrogen Corporation

Brossard, Quebec, December 4 2025 TheNewswire – CHARBONE CORPORATION (TSXV: CH,OTC:CHHYF; OTCQB: CHHYF; FSE: K47) (‘ CHARBONE ‘ or the ‘ Company ‘), a North American producer and distributor specializing in clean Ultra High Purity (‘ UHP ‘) hydrogen and strategic industrial gases, announces that Company management will be hosting a corporate update webinar on December 16 th at 11:00am ET and has engaged Red Cloud Securities Inc. (‘ Red Cloud ‘) to provide Market Making services to the Company.

Corporate Update Webinar

CHARBONE invites all investors and other interested parties to register for the webinar at the link below. Dave Gagnon, Chairman and CEO, and Benoit Veilleux, CFO, will be providing a brief overview on the Company’s operations, market insights on clean UHP hydrogen and other industrial gases, recent corporate achievements and upcoming milestones.

Date: Tuesday, December 16th, 2025

Time: 11:00am ET

Register: Webinar Registration

HAVE QUESTIONS? There will be an allotted time following the live presentation for a Q&A session. Unaddressed questions will be reviewed by management and responded to accordingly. You may submit your question(s) beforehand in the registration form (linked above) or by email at: ir@charbone.com .

Red Cloud Appointment

CHARBONE has engaged Red Cloud, established in 2011 and based in Toronto and Vancouver, to provide services whereby it will buy and sell securities of the Company for the purposes of ‘market making’. This includes maintaining a reasonable and consistent bid and offer spread for the Company’s common stock traded on the TSX Venture Exchange and is on a best-efforts basis. Red Cloud has variable stock position in CHARBONE in the course of the ‘market making’ mandate and using its own funds to execute. The services will mainly be rendered by Mr. Adam Smith who is acting at arm’s length to the Company. Under the terms of the agreement, Red Cloud will receive a fee of $5,000 per month, commencing December 1 st , 2025. The agreement will continue in effect unless terminated by either party with no less than thirty (30) days’ notice. No stock options are being granted, and no other compensation is payable in connection with the engagement. The agreement is subject to regulatory approval.

About CHARBONE CORPORATION

CHARBONE is a developer and producer of clean Ultra High Purity (UHP) hydrogen with a growing industrial gas distribution platform. Through a modular approach, CHARBONE is focused on developing a network of clean hydrogen production facilities throughout North America and select markets abroad, starting with its flagship Sorel-Tracy project in Quebec. The Company’s integrated model reduces risk, enhances scalability, and enables diversified revenue streams through partnerships in helium and other specialty gases. CHARBONE is committed to supporting the global transition to a lower-carbon economy by providing accessible, decentralized clean hydrogen and specialty gas solutions while supporting underserved industrial gas customers and accelerating the shift to localized clean energy . CHARBONE is listed on the TSX Venture Exchange (TSXV: CH,OTC:CHHYF) , the OTC Markets (OTCQB: CHHYF) , and the Frankfurt Stock Exchange (FSE: K47) . Visit www.charbone.com .

Forward-Looking Statements

This news release contains statements that are ‘forward-looking information’ as defined under Canadian securities laws (‘forward-looking statements’). These forward-looking statements are often identified by words such as ‘intends’, ‘anticipates’, ‘expects’, ‘believes’, ‘plans’, ‘likely’, or similar words. The forward-looking statements reflect management’s expectations, estimates, or projections concerning future results or events, based on the opinions, assumptions and estimates considered reasonable by management at the date the statements are made. Although Charbone believes that the expectations reflected in the forward-looking statements are reasonable, forward-looking statements involve risks and uncertainties, and undue reliance should not be placed on forward-looking statements, as unknown or unpredictable factors could cause actual results to be materially different from those reflected in the forward-looking statements. The forward-looking statements may be affected by risks and uncertainties in the business of Charbone. These risks, uncertainties and assumptions include, but are not limited to, those described under ‘Risk Factors’ in the Corporation’s Filing Statement dated March 31, 2022, which is available on SEDAR at www.sedar.com; they could cause actual events or results to differ materially from those projected in any forward-looking statements.

Except as required under applicable securities legislation, Charbone undertakes no obligation to publicly update or revise forward-looking information.

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 .

Contact Charbone Corporation

Telephone: +1 450 678 7171

Email: ir@charbone.com

Benoit Veilleux

CFO and Corporate Secretary

Copyright (c) 2025 TheNewswire – All rights reserved.

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Charbone Hydrogen Corporation

Brossard, Quebec, le 4 décembre 2025 TheNewswire – CORPORATION CHARBONE (TSXV: CH,OTC:CHHYF; OTCQB: CHHYF; FSE: K47) (« CHARBONE » ou la « Société »), un producteur et distributeur nord-américain spécialisé dans l’hydrogène propre Ultra Haute Pureté (« UHP ») et les gaz industriels stratégiques, annonce que la direction de la Société tiendra un webinaire d’information sur l’entreprise le 16 décembre à 11 h 00 HE et a retenu les services de Red Cloud Securities Inc. (« Red Cloud ») pour fournir des services de tenue de marché à la Société.

Webinaire d’information sur l’entreprise

CHARBONE invite tous les investisseurs et autres parties intéressées à s’inscrire au webinaire via le lien ci-dessous. Dave Gagnon, président et chef de la direction, et Benoit Veilleux, chef de la direction financière, présenteront un aperçu des activités de la Société, des perspectives du marché de l’hydrogène propre UHP et d’autres gaz industriels, des réalisations récentes et des prochaines étapes importantes.

Date: Mardi, le 16 décembre 2025

Heure: 11 h 00 HE

S’inscrire: Inscription au webinaire

VOUS AVEZ DES QUESTIONS ? Une séance de questions-réponses suivra la présentation en direct. Les questions restées sans réponse seront examinées par la direction, qui y répondra en conséquence. Vous pouvez soumettre vos questions à l’avance via le formulaire d’inscription (lien ci-dessus) ou par courriel à: ir@charbone.com .

Nomination de Red Cloud

CHARBONE a retenu les services de Red Cloud, société établie à Toronto et à Vancouver depuis 2011, pour assurer la tenue de marché de ses titres. Red Cloud achètera et vendra des titres de la Société. Ce service consiste à maintenir un écart raisonnable et constant entre le cours acheteur et le cours vendeur des actions ordinaires de la Société négociées à la Bourse de croissance TSX, et ce, dans la mesure du possible. Dans le cadre de ce mandat de tenue de marché, Red Cloud détient une participation variable dans CHARBONE et utilise ses propres fonds pour exécuter les opérations. Les services seront principalement fournis par M. Adam Smith, qui agit sans lien de dépendance avec la Société. Aux termes de l’entente, Red Cloud recevra des honoraires de 5 000 $ par mois, à compter du 1er décembre 2025. L’entente restera en vigueur jusqu’à sa résiliation par l’une ou l’autre des parties, moyennant un préavis d’au moins trente (30) jours. Aucune option d’achat d’actions n’est accordée et aucune autre rémunération n’est payable en vertu de cette entente. La présente entente est soumise à l’approbation des autorités réglementaires compétentes.

À propos de CORPORATION CHARBONE

CHARBONE est un développeur et producteur d’hydrogène propre Ultra Haute Pureté (UHP) doté d’une plateforme de distribution de gaz industriels en pleine expansion. Grâce à une approche modulaire, CHARBONE se concentre sur le développement d’un réseau d’usines de production d’hydrogène propre en Amérique du Nord et sur certains marchés à l’étranger, en commençant par son projet phare de Sorel-Tracy au Québec. Le modèle intégré de l’entreprise réduit les risques, améliore l’évolutivité et permet de diversifier ses sources de revenus grâce à des partenariats dans le domaine de l’hélium et d’autres gaz de spécialités. CHARBONE s’engage à soutenir la transition mondiale vers une économie bas carbone en fournissant des solutions d’hydrogène propre et de gaz de spécialités accessibles et décentralisées, tout en soutenant les clients industriels mal desservis en gaz et en accélérant la transition vers une énergie propre locale. CHARBONE est coté sur la bourse de croissance TSX (TSXV: CH,OTC:CHHYF) ; sur les marchés OTC (OTCQB: CHHYF) ; et à la Bourse de Francfort (FSE: K47) . Pour plus d’informations, veuillez visiter www.charbone.com .

Énoncés prospectifs

Le présent communiqué de presse contient des énoncés qui constituent de « l’information prospective » au sens des lois canadiennes sur les valeurs mobilières (« déclarations prospectives »). Ces déclarations prospectives sont souvent identifiées par des mots tels que « a l’intention », « anticipe », « s’attend à », « croit », « planifie », « probable », ou des mots similaires. Les déclarations prospectives reflètent les attentes, estimations ou projections respectives de la direction de Charbone concernant les résultats ou événements futurs, sur la base des opinions, hypothèses et estimations considérées comme raisonnables par la direction à la date à laquelle les déclarations sont faites. Bien que Charbone estime que les attentes exprimées dans les déclarations prospectives sont raisonnables, les déclarations prospectives comportent des risques et des incertitudes, et il ne faut pas se fier indûment aux déclarations prospectives, car des facteurs inconnus ou imprévisibles pourraient faire en sorte que les résultats réels soient sensiblement différents de ceux exprimés dans les déclarations prospectives. Des risques et des incertitudes liés aux activités de Charbone peuvent avoir une incidence sur les déclarations prospectives. Ces risques, incertitudes et hypothèses comprennent, sans s’y limiter, ceux décrits à la rubrique « Facteurs de risque » dans la déclaration de changement à l’inscription de la Société datée du 31 mars 2022, qui peut être consultée sur SEDAR à l’adresse www.sedar.com; ils pourraient faire en sorte que les événements ou les résultats réels diffèrent sensiblement de ceux prévus dans les déclarations prospectives.

Sauf si les lois sur les valeurs mobilières applicables l’exigent, Charbone ne s’engage pas à mettre à jour ni à réviser les déclarations prospectives.

Ni la Bourse de croissance TSX ni son fournisseur de services de réglementation (tel que ce terme est défini dans les politiques de la Bourse de croissance TSX) n’acceptent de responsabilité quant à la pertinence ou à l’exactitude du présent communiqué.

Pour contacter Corporation Charbone :

Téléphone bureau: +1 450 678 7171

Courriel: ir@charbone.com

Benoit Veilleux

Chef de la direction financière et secrétaire corporatif

Copyright (c) 2025 TheNewswire – All rights reserved.

News Provided by TheNewsWire via QuoteMedia

This post appeared first on investingnews.com

The United States recently emerged from the longest government shutdown in its history, one that halted operations, froze budgets, and led to 1.4 million federal employees being either furloughed or working without pay for forty-three days. The most noticeable economic damage this time around, though, was not in closed museums or perhaps even the saga surrounding SNAP benefits. This time, it was in the sky. 

By the end of October, the Federal Aviation Administration (FAA) reported that over twenty major air-traffic control facilities were operating below minimum staffing levels. This staffing shortage increased as unpaid controllers reached their limits. In an attempt to ameliorate the crisis, the FAA ordered up to ten percent of scheduled flights to be cut at more than forty major airports. Expectedly, this led to cascading delays, supply-chain disruptions, cargo backlogs, and stranded travelers. 

This shutdown, then, was not just some political stalemate, as purported enemies in DC fought over the direction of the federal government. It was a live demonstration of how fragile the institutional infrastructure of our modern interventionist economy is — and why economics remains indispensable for understanding these moments of systemic stress. 

Ostensibly, there is no mystery to air travel. Planes take off; planes land. Of course, any minor reflection upon the matter reveals that it must be — and in fact is — much more complicated. Our air travel network comprises one of the most elaborate coordination systems in human civilization, with millions of moving parts (both literally and figuratively) synchronized across time and space. This should not surprise us, for every economic system contains a coordination system. 

The shutdown, however, revealed how fragile that coordination is, especially when the government is responsible for such a system. When the FAA ordered airlines to reduce flights, other areas of the economy were also affected. You cannot turn one dial and expect nothing else to change. Not only were passengers affected, but cargo schedules were disrupted, supply chains were backed up, manufacturers had to halt production, and perishables risked spoiling — just to name a few. 

This is because the structure of production is temporal. Economic goods are not immediately made available once entrepreneurs decide to create them. No, goods must be concocted, produced, shipped, and delivered in order to reach customers. All of this, of course, takes time. The production structure spans a multitude of stages, and it relies on stable expectations. When the FAA’s operations broke down, so did these time-sensitive production processes. Entrepreneurs could not coordinate their plans because the institutional framework they relied on — in this case, flight schedules, shipping availability, and travel routes — suddenly became unreliable. Markets cannot function when the institutional infrastructure required to coordinate production collapses. 

One of the challenges of economic life, as F.A. Hayek pointed out, is the coordination of knowledge that is dispersed among millions of people, not just the allocation of resources. To even begin considering allocation, consumer preferences must be ascertained. Prices do this beautifully — when institutions let them, that is. Even ignoring the fact that government control of the entire apparatus means that much of the network operates without price signals (thus rendering it incapable of accurately reflecting consumer preferences), the price signals that are in place were weakened during the shutdown. Prices become unstable when air-traffic capacity changes by the hour. Which cargo firm can coordinate deliveries efficiently when ground stops are issued with little warning? Imagine manufacturers trying to use air freight to receive their inputs while major airports are throttled. 

Even where the market is allowed to operate regarding the use of air travel, government actions rendered those mechanisms less effective. The knowledge problem reared its ugly head, as institutional breakdown prevented information from flowing through the market, meaning prices could not accurately coordinate plans. The shutdown did not just create idle government employees — it degraded our economy’s ability to accumulate and process key economic data. The result was not just uncertainty regarding travel, but uncertainty about production itself. 

Entrepreneurs must commit capital today for goods that will only be finished months or years later. To make this type of temporal commitment, stable expectations are imperative, especially in sectors that depend on complex logistical coordination. Any hiccup can be massive — a hiccup like the shutdown. Without guaranteed staffing, air travel became too unpredictable, which in turn made the production structure unpredictable. This is no small matter. Yes, a cancelled flight is massively inconvenient. A missed input delivery can also be quite costly. A missed production window, however, can destroy a business operating on tight profit margins. 

What the shutdown did was depreciate institutional capital, what we might call the rules of the game. More than just reducing government “services”, the shutdown increased entrepreneurial uncertainty. The marginal entrepreneur is now more likely to find it unprofitable — at least in his expectations — to begin a business venture. The marginal business owner may have just missed the shipment of materials or goods that would have kept him afloat. Even the super-marginal business owner who will remain in business has to recalculate his entire model. This depreciation will continue to impact coordination long after the shutdown ends. Every missed market exchange is a missed opportunity for our society to be made better off. We are, quite literally, poorer because of this shutdown, and it has increased the possibility of being made poorer still in the future. Institutional capital, and capital in general, cannot be turned on and off like a light switch. 

Shutdowns are often discussed along political lines — which party “won” and which party “lost.” The economic impact is often only discussed in terms of its immediate consequences. The long run, though, is seldom considered. The 2025 shutdown did more than just inconvenience travelers. It exposed the fragility of our institutions due to their close connection to the government. A private, decentralized air travel network would be far less prone to the type of shock we saw recently. Our current system creates a single point of failure, both in funding and technology. When the FAA’s NOTAM system crashed in 2023, the entire country’s airspace went offline. Meanwhile, decentralized private systems — like Canada’s Nav Canada — show that decentralized distribution of control is better capable of containing disruptions instead of allowing them to cascade throughout the country. This is because polycentric governance increases resilience, as entities have stronger incentives to upgrade technology, and more importantly, introduces redundancy that can keep the system running if one touch point fails. 

A shutdown is a corrosive solvent for planning, coordination, and trust. Knowledge flows are disrupted or destroyed. Time horizons are shortened. The conditions necessary for a properly functioning economy should not be played with. We are made poorer by every missed opportunity to trade. The solution here is not more politics, but to notice how fragile our economy has become. 

Here we go again.

After a resounding 99–1 defeat in the Senate earlier this year, the Big Tech oligarchs are hard at work doing what they do best: trying to sneak a massive corporate giveaway into must-pass legislation in the dead of night. This time, they’re targeting the National Defense Authorization Act, a bill essential to our military and national security, as the vehicle for decade-long AI amnesty. Or another must-pass bill, if the NDAA doesn’t work for them. Or even a legally questionable executive order, as their Hail Mary.

They tried this in July. And now, led once again by Sen. Ted Cruz, R-Tex., they want to ram through a federal takeover of AI with zero meaningful rules or even guardrails. They call it ‘federal preemption.’ But let’s be blunt: federal preemption with no federal rules is not governance. It’s amnesty. Total, blanket, corporate amnesty for trillion-dollar Big Tech monopolists who have spent decades crushing competition, shuttering small businesses, canceling conservatives and harming children.

If their idea is so great, why are they terrified of public debate? Why are they running from votes? Why do they only try to pass this through 9,000-page must-pass bills in the dead of night?

Because they know the truth: If the American people ever saw what’s really in these proposals, the answer would be the same as last time: Hell. No.

Big Tech already showed us exactly what it does with immunity. Section 230 created a legal shield for Google, Amazon, Facebook and Apple. These trillion-dollar monopolists used their government-granted amnesty to censor conservatives, manipulate elections, destroy competition and turn the Internet into a surveillance empire. Now they want the same deal for AI. But bigger. And more dangerous.

This ‘AI amnesty’ blocks states from protecting their own citizens. No state rules. No local safeguards. And absolutely no federal guardrails. A total vacuum, and the perfect playground for tech oligarchs who want to scrape every work of American creativity, censor every voice they dislike, experiment on children’s developing minds with unsafe AI tools and plant data centers wherever they please while working-class families foot the energy bill.

Big Tech insists this is necessary to ‘compete with China.’ That is nonsense. These companies spent years doing China’s bidding. Google killed America’s Project Maven, our drone AI program, because its woke employees protested helping the U.S. military. At the same time, Google was running Project Dragonfly, a censorship system built for the Chinese Communist Party. They wouldn’t help our troops, but they were happy to help the CCP censor its own citizens.

And now these same companies claim they’re our last defense against China? Please.

Their real concern isn’t China. It’s profit. They want carte blanche to steal every copyright in America, train their machines on it and cash in, all without paying a dime to the creators whose work built this country’s entertainment, journalism and cultural industries. They want to replace America’s creative economy with a copy-paste machine. And they want Congress to bless it.

The American people deserve better, and President Trump consistently demonstrates the leadership needed to stop this scam. When Big Tech and its lobbyists pressured him to accept AI amnesty earlier this year, he stood firm. He refused to sell out the American people to Silicon Valley. And that courage helped kill the deal 99–1.

The American people understand what’s at stake. We know Big Tech can’t be trusted, not with our data, not with our elections, and certainly not with artificial intelligence. We know we can’t ‘steal like China to compete against China,’ nor can we become digital sharecroppers on our own soil just to pad corporate profits.

If Congress wants to discuss federal preemption, fine. But it must get done through regular order. Public hearings. Public debate. Up-or-down votes. And only after legislation is drafted that protects the people Big Tech has targeted for years: conservatives, children, creators and communities. The 4 Cs must get protection in any AI deal.

Conservatives must finally gain protection from the censorship that these monopolists weaponized for decades. We must protect children from predatory AI systems, including chatbots that have advised depressed minors to kill themselves – and their parents. Or AI teddy bears – Pedo Bears – that speak in sexually explicit terms to kids. Creators deserve protection from the copyright theft that Big Tech openly admits it needs to train its models. And we must safeguard our communities from data centers that raise energy costs, drain water supplies and bulldoze residential neighborhoods, so Silicon Valley can build another server farm.

These are not radical demands. These are basic, commonsense protections in a free society. But Big Tech insists that any safeguards, any at all, will ‘slow innovation,’ ‘harm national security,’ ‘hurt competitiveness’ or even ‘help China.’ Those talking points are as dishonest as they are insulting.

Big Tech executives think they can buy Congress, hide behind fake national-security arguments and bully America into agreeing to their terms. They thought they could get away with it last time. They were wrong. With President Trump’s leadership, with grassroots conservatives mobilized, and with the sunlight of exposure, we beat them. And we will beat them again.

But only if Congress hears loud and clear: No AI amnesty. Not in the NDAA. Not in any other must-pass legislation. Not in an executive order. Not ever.

The Big Tech oligarchs spent hundreds of millions of dollars chasing Trump out of office in 2020. They’ve censored, silenced, de-platformed and canceled Trump, his aides and his allies. If we give these Big Tech oligarchs AI amnesty, it’s only so they can continue to censor conservatives, prey on children, drive-up electricity and water bills in communities and rip off creators.

If the tech oligarchs want a debate, they can step into the arena. They can defend their ideas in the open. They can answer for the children harmed, the conservatives censored, the creators robbed and the communities exploited. They can stop hiding behind lobbyists and must-pass bills and make their case like everyone else.

Until then, Congress must reject any attempt to slide this corporate giveaway into the NDAA, any other must-pass legislation or any executive order. No shortcuts. No back-room tricks. No surrender to the Silicon Valley oligarchy.

The stakes are too high. The consequences are too great. And the American people are watching.

Hell no to AI amnesty. Protect our children. Protect our creators. Protect our communities. Protect our country.


This post appeared first on FOX NEWS

Highlight Drill Results:

GS2508

1.05 g/t Au over 120.7 m in the Cleary Zone

GS2528

1.78 g/t Au over 61 m in the Cleary Zone

GS2531

1.53 g/t Au over 191.3 m in the Dolphin Zone

Note: The reported widths refer to drill hole intercepts; true width cannot be determined due to the uncertain geometry of mineralization.

VANCOUVER, BC, Dec. 4, 2025 /CNW/ – Freegold Ventures Limited (TSX: FVL,OTC:FGOVF) (OTCQX: FGOVF) announces results from six additional drill holes at the Golden Summit project. In 2025, a total of 62 holes were drilled, with assay results for 29 holes reported to date. Reporting assay results will continue in the coming months. The results from the 2025 and first half of 2026 drilling programs will be used to update the mineral resource estimate (MRE) published in July 2025, which reported 17.2 million ounces at 1.24 g/t Au indicated and 11.9 million ounces at 1.04 g/t Au inferred. The updated MRE and subsequent drilling in 2026 will serve as the basis for the Pre-Feasibility Study (PFS), scheduled for completion in early 2027. In addition to the extensive drill program, a range of other activities supporting the PFS are in progress. These include cultural resource assessments, paleontology, groundwater studies, power supply analysis, mammal habitat evaluations, and continuing metallurgical test work.

Freegold Logo (CNW Group/Freegold Ventures Limited)

2025 Program Overview
The 2025 drilling program has been highly successful, focusing on the Cleary, Dolphin, and WOW zones. Efforts have centered on infill drilling to support the PFS, refining both geological and resource models, and developing a conceptual higher-grade starter pit targeting 5-10 million ounces to enhance the project’s early economic potential. Mineralization remains open both to the east and west of the current deposit.

Kristina Walcott, President and CEO of Freegold, commented, ‘The potential scale of this deposit is truly amazing. Our current exploration efforts focused on defining an area to host an attractive potential starter pit, as we continue to move the project forward through PFS’.  Further infill drilling in early 2026 is expected to refine this area further.

Metallurgical Test Work
Metallurgical testing continues to evaluate the most viable process flowsheets for Golden Summit material. Gold recovery rates exceeding 90% have been achieved using a flowsheet that includes gravity concentration, flotation to produce a cleaner concentrate, and subsequent treatment with sulphide-oxidizing techniques such as BIOX®, POX, and the Albion Process™, producing feed for carbon-in-leach (CIL) for additional gold recovery.  Simple gravity and CIL are also being evaluated. This testwork is crucial to maximize the resource’s potential and will underpin the many trade-off scenarios to be evaluated during the Pre-Feasibility stage.

Current Drilling Status
Five drill rigs are currently completing the final holes of the season. Drilling will gradually wind down for a seasonal break and resume in February 2026.

Dolphin Zone: Higher-Grade Potential
Recent drilling in the Dolphin zone confirms strong, continuous mineralization, with broad intercepts of higher grades. The near-surface intercept in GS2531 indicates promising potential for higher grades, supporting the concept of a potential higher-grade starter area.

At depth, hole GS2531 shows excellent correlation with the current model, with an intercept of 1.53 g/t Au over 191.3m within the modelled higher-grade schist domain. This corridor remains open to the southwest and extends into the intrusive domain at depth. Hole GS2542, drilled 200 m south of GS2531, aims to extend the zone downdip, with assays pending.  Several other holes are planned for this potential higher-grade domain in 2026, as it may serve as the economic keel for a potential starter pit.

Hole

Depth (m)

Dip (°)

Azimuth (°)

From (m)

To (m)

Interval (m)

Au (g/t)

GS2515

602.5

-80

360

84.4

99.7

15.3

3.00

142.3

147.5

5.2

0.81

175.3

181.7

6.4

13.53

227.9

232.8

4.9

3.06

303.9

313.0

9.1

1.71

396.2

416.6

20.4

0.79

GS2531

703.2

-90

360

35.6

38.7

3.1

9.33

53.9

62.7

8.8

2.05

81.4

83.8

2.4

9.51

102.4

143.5

41.1

1.06

330.3

361.5

31.2

0.87

386.2

577.5

191.3

1.53

Note: The reported widths refer to drill hole intercepts; true width cannot be determined due to the uncertain geometry of mineralization.

GS2515, drilled in the northern Dolphin Zone, intersected higher-grade mineralization with 3.0 g/t Au over 15.3m from 84.4 m, 13.53 g/t over 6.4m from 175.3m, and 3.06 g/t Au over 4.9m from 227.9 m. Like GS2531, located 250m to the south, GS2515’s higher-grade, closer-to-surface intercepts provide further encouragement for the development of a potential starter pit. Planned shallow infill drilling in 2026 will further target these areas.

Cleary Zone: Drilling Results Continuing to demonstrate strong correlation with resource model
Infill drilling within the Cleary Zone continues to demonstrate a strong correlation with the current resource model. Hole GS2508 returned 1.05 g/t Au over 120.7m, while hole GS2528 encountered four intervals with higher grades and widths, notably 1.6 g/t Au over 57.9m and 1.78 g/t Au over 61m, as well as two narrower, higher-grade sections. Hole GS2517, designated for hydrological investigation targeted the potential higher-grade downdip extent, was abandoned due to challenging ground conditions and complications arising from the attempted installation of a vibrating Wire Piezometer (VWP). VPWs are being installed to monitor groundwater levels throughout the prospective pit area, capturing both vertical and horizontal gradients to inform analyses of possible fault-block compartmentalization and support ongoing groundwater monitoring efforts. Eight installations were completed during 2025. A follow-up vertical hole, GS2549, was drilled from the same collar as GS2517 to access the target zone; assay results are pending.

Hole

Depth (m)

Dip (°)

Azimuth (°)

From (m)

To (m)

Interval (m)

Au (g/t)

GS2508

502

-75

360

224.6

345.3

120.7

1.05

364.8

373.7

8.9

0.91

GS2517*

593.4

-75

360

477.6

546.5

68.9

0.64

GS2524

413.3

-90

0

17.4

23.5

6.1

1.34

141.7

148.4

6.7

1.12

203.3

209.4

6.1

3.36

GS2528

721.2

-90

0

86.0

102.7

16.7

0.98

325.2

328.3

3.1

35.09

416.7

474.6

57.9

1.60

514.2

544.1

29.9

0.70

559.9

620.9

61.0

1.78

670.6

672.7

2.1

35.65

Note: The reported widths refer to drill hole intercepts; true width cannot be determined due to the uncertain geometry of mineralization. *Hole GS2517 was drilled for both infill and hydrogeological purposes.

Metallurgical Update: Environmental Characterization – Non-Acid-Generating Tailings
Recent metallurgical work results have also shown more positive developments. Tailings from the locked-cycle flotation tests were analyzed for environmental characterization, including Acid Base Accounting (ABA) and Toxicity Characteristic Leaching Procedures (TCLP). Tailings from the flotation-based flowsheet have been classified as low risk for acid generation due to the removal of sulphur and the presence of significant amounts of calcium carbonate. Gravity tailings from the CIL leach scenario also showed arsenic levels below acceptable limits. More specifically, results showed the Neutralization Potential to Acid Generating Potential ratio (NPR) of the flotation tailings was significantly above what is typically classified as non-acid generating.

About Golden Summit
Since 2020, the Golden Summit project has emerged as one of North America’s largest undeveloped gold resources. The increase in resource ounces and grade is attributed to targeted drilling campaigns (over 130,000 metres from 2020 to 2024), improvements to geological models, and a better understanding of mineralization controls. Positive metallurgical test results have further advanced the project. Ongoing drilling continues to delineate zones of higher-grade mineralization, converting previously considered waste areas into potentially economically viable zones.  Continued westward expansion has led to the discovery of new, higher-grade zones.

As of July 2025, the Golden Summit resource includes an Indicated Primary Mineral Resource of 17.2 million ounces at 1.24 g/t Au and an Inferred Primary Mineral Resource of 11.9 million ounces at 1.04 g/t Au, calculated using a 0.5 g/t cut-off grade and a three-year trailing average gold price of $2,490.

Drilling will continue into 2026, with upcoming results expected to support an updated resource estimate. A significant number of assay results remain pending.

Links to the Plan Map and Section 470505E

https://freegoldventures.com/site/assets/files/6287/nr-2025-drilling-20251204.jpeg

https://freegoldventures.com/site/assets/files/6287/e479050_section_04122025.pdf

QA/QC
HQ Core is logged, photographed and cut in half using a diamond saw. One half is placed in sealed bags for preparation and subsequent geochemical analysis by MSA Laboratories in Fairbanks, Alaska or ALS’s facilities in Vancouver and Thunder Bay.  At MSALABS, the entire sample will be dried and crushed to 70% passing -2mm (CRU-CPA). A ~500g riffle split was analyzed for gold using CHRYSOS PhotonAssay™ (CPA-Au1). From this, 250g will be further riffle-split from the original PhotonAssay™ sample, pulverized, and a 0.25g sub-sample analyzed for multi-element geochemistry using MSA’s IMS230 package, which includes 4-acid digestion and ICP-MS finish. MSALABS operates under ISO/IEC 17025- and ISO 9001-certified quality systems.

Core samples were delivered to ALS’s facility in Vancouver, Canada, where each sample was crushed to 70% passing a 2 mm (Tyler 9 mesh, U.S. Std. No. 10) screen.  A representative ~500 g subsample was obtained by riffle splitting (SPL-32a) and analyzed for gold using the ALS method Au-PA01 (Photon Assay), which provides a detection range of 0.03 to 350 ppm, in Thunder Bay.

In addition, a subsample was analyzed for multi-element geochemistry using the ALS method ME-ICP61 (34-element, four-acid ICP-AES).

A QA/QC program includes laboratory and field standards inserted in every ten samples. Blanks are inserted at the start of the submittal, and at least one blank every 25 standards.

The Qualified Person for this release is Alvin Jackson, P.Geo., Vice President of Exploration and Development for Freegold, who has approved the scientific and technical disclosure in this news release.

About Freegold Ventures Limited
Freegold is a TSX-listed company focused on exploration in Alaska.

Some statements in this news release contain forward-looking information, including, without limitation, statements as to planned expenditures and exploration programs, potential mineralization and resources, exploration results, the completion of an updated NI 43-101 technical report, and any other future plans. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by the statements. Such factors include, without limitation, the completion of planned expenditures, the ability to complete exploration programs on schedule, and the success of exploration programs. See Freegold’s Annual Information Form for the year ended December 31st, 2024, filed under Freegold’s profile at www.sedar.com, for a detailed discussion of the risk factors associated with Freegold’s operations.

SOURCE Freegold Ventures Limited

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/December2025/04/c4300.html

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Fortune Bay Corp. (TSXV: FOR,OTC:FTBYF) (FWB: 5QN) (OTCQB: FTBYF) (‘Fortune Bay’ or the ‘Company’) is pleased to announce the appointment of Patrick McGrath as Chief Financial Officer (‘CFO’). Mr. McGrath succeeds Sarah Oliver, who will be stepping aside after serving as CFO since 2016. Ms. Oliver will remain involved over the coming months to ensure a smooth transition.

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

Patrick McGrath – Experienced Resource-Sector Executive
Mr. McGrath is a seasoned finance executive with over 25 years of experience in the resource industry. He has held senior leadership roles in multiple public companies, most recently as Chief Executive Officer of Blue Moon Metals Inc. until November 2024, and previously as Chief Financial Officer and later Chief Executive Officer of Hemlo Mining Corp. until May 2023, then known as Carcetti Capital Corp., a former producing oil and gas company in Eastern Europe.

Mr. McGrath holds a Bachelor of Commerce from Memorial University and is a Chartered Professional Accountant (CPA) in Canada. He brings extensive expertise in corporate finance, capital markets, and financial strategy, with a proven track record of supporting resource companies through exploration, development, and growth stages.

Leadership Transition
Ms. Oliver has played a key role in Fortune Bay’s financial stewardship for nearly a decade, ensuring strong compliance, reporting integrity, and fiscal discipline. Her contributions have been instrumental in positioning the Company with a solid financial foundation as it advances its gold project portfolio.

Dale Verran, CEO of Fortune Bay, commented, ‘On behalf of the Board and management team, I am delighted to welcome Patrick McGrath to Fortune Bay. Patrick’s depth of financial expertise and leadership experience will be invaluable as we advance our projects and pursue growth opportunities. I would also like to sincerely thank Sarah Oliver for her many years of dedicated service. Sarah has been a trusted steward of our financial operations and a valued member of our leadership team. We are grateful for her contributions and support through this transition.’

Patrick McGrath, incoming CFO, stated, ‘I am excited to be joining Fortune Bay at such a pivotal and exciting time for the Company. With a strong project portfolio, a clear growth strategy, and significant opportunities ahead, I look forward to contributing to Fortune Bay’s success and working with the team to deliver value for shareholders.’

About Fortune Bay
Fortune Bay Corp. (TSXV:FOR,OTC:FTBYF; FWB:5QN; OTCQB:FTBYF) is a gold exploration and development company advancing high-potential assets in Canada and Mexico. With a strategy focused on discovery, resource growth and early-stage development, the Company targets value creation at the steepest part of the Value Creation Curve. Its portfolio includes the development-ready Goldfields Project in Saskatchewan, the resource-expansion Poma Rosa Project in Mexico, and an optioned uranium portfolio in the Athabasca Basin providing non-dilutive capital and upside exposure. Backed by a technically proven team and tight capital structure, Fortune Bay is positioned for multiple near-term catalysts. For more information, visit www.fortunebaycorp.com or contact info@fortunebaycorp.com.

On behalf of Fortune Bay Corp.

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

Cautionary Statement Regarding Forward-Looking Information
Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management’s current estimates, beliefs, intentions, and expectations. They are not guarantees of future performance. Words such as ‘expects’, ‘aims’, ‘anticipates’, ‘targets’, ‘goals’, ‘projects’, ‘intends’, ‘plans’, ‘believes’, ‘seeks’, ‘estimates’, ‘continues’, ‘may’, variations of such words, and similar expressions and references to future periods, are intended to identify such forward-looking statements.

Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet management’s expectations. Risks, uncertainties and other factors involved with forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking information in this news release includes, but is not limited to, the Company’s objectives, goals, intentions or future plans, statements, exploration results, potential mineralization, timing of the commencement of operations and estimates of market conditions. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to failure to identify targets or mineralization, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, political risks, inability to fulfill the duty to accommodate First Nations and other indigenous peoples, inability to reach access agreements with other Project communities, amendments to applicable mining laws, uncertainties relating to the availability and costs of financing or partnerships needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects, capital and operating costs varying significantly from estimates and the other risks involved in the mineral exploration and development industry, and those risks set out in the Company’s public documents filed on SEDAR+. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law. For more information on Fortune Bay, readers should refer to Fortune Bay’s website at www.fortunebaycorp.com. 

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

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Absent direct military action, President Donald Trump is running low on options amid his standoff with Venezuelan President Nicolás Maduro, according to experts.

Strikes near Venezuelan waters aimed at drug traffickers, sanctions and a $50 million bounty have so far been unsuccessful in forcing Maduro, whom the U.S. has designated as a leader of the Tren de Aragua drug cartel, to step down from power.

After repeated threats, adversaries may now view a lack of direct military action as a sign of weakness from the U.S. But Maduro is in an equally difficult position — his own military capabilities are dwarfed in comparison to Trump’s, and experts say China and Russia lack the will to directly challenge the U.S. in its own hemisphere.

Meanwhile, the clock is ticking: Trump’s unprecedented military buildup in the Caribbean — including sending the world’s largest aircraft carrier to the region — is taking away resources from other theaters.

Katherine Thompson, a senior fellow in defense and foreign policy studies at the libertarian think tank the Cato Institute, said that there are very few tools left at Trump’s disposal to oust Maduro, aside from a targeted strike against the Venezuelan leader or a land invasion. 

While the White House has not directly said that it is seeking regime change, recent media reports indicate that Trump and Maduro have spoken about the Venezuelan leader departing his post.

Thompson noted that previous efforts to squeeze out Maduro, including imposing sanctions on Venezuela and backing opposition leader Juan Guaidó during Trump’s first term, have proven unsuccessful. 

‘It does not seem like there is — outside of the military option — anything new on the table that hasn’t really been tried,’ Thompson said.

Even so, Thompson cast doubt on whether military action would prove successful. 

‘If the offer on the table from the Trump administration is we’re going to potentially execute an invasion unless you talk to us, perhaps that’s a strong enough diplomatic, strategic move that gets Maduro to capitulate,’ Thompson said. ‘But it just doesn’t seem like we’re picking up that many signals from the Maduro regime that that is going to be palatable.’ 

Meanwhile, Thompson said that adversaries like Russia and China are probably confused about why the Trump administration has fixated on the Maduro regime, which doesn’t jeopardize U.S. interests as much as other actors, when the Trump administration has adopted an ‘American First’ mantra. 

‘I imagine for them, it’s probably a bit puzzling, if they’re looking at it through a real, brass tacks, realist lens, why this administration would be prioritizing ousting the Maduro regime, as opposed to conflicts in other theaters,’ Thompson said.

As a result, the Trump administration’s actions focusing on Venezuela likely leave a bit of ‘befuddlement’ on the part of Russia and China about how serious the U.S. is about putting American interests first, Thompson said.

She added that China may be wondering if the U.S. diverting resources, such as directing the aircraft carrier USS Gerald R. Ford to the Caribbean, could provide an opportunity for it to invade Taiwan if the U.S. is tied up with operations in Venezuela. Multiple U.S. officials have said they believe China will be capable of invading Taiwan by 2027. 

Will Russia and China back Venezuela? 

While there may be greater interest from China to take action within its own theater, experts agreed it was unlikely that Russia or China would actually get involved and back Venezuela should military operations between the U.S. and Caracas escalate — even though Moscow and Beijing are strategic allies with Venezuela. 

Some analysts said Maduro would find himself largely isolated if Trump launched military strikes against Venezuela. Russia, still consumed by its war in Ukraine, is unlikely to offer anything beyond denunciations of U.S. action, and China, despite years of deep economic engagement with Caracas, is also expected to stop well short of military involvement, they said. 

From Moscow’s perspective, there is both ideological and strategic discomfort with an American intervention — but little appetite or capability to counter it.

‘Moscow opposes unilateral U.S. military intervention, especially when aimed at toppling a friendly authoritarian regime. That said, Russia lacks the will and ability to stop U.S. intervention in this part of the world should Trump decide to go that route,’ said John Hardie, a Russian military analyst at the Foundation for Defense of Democracies (FDD).

Hardie said Russia is watching Washington’s internal debate carefully. 

‘Analysts in Moscow interpret the internal debate in Washington over Venezuela as evidence that although Republican views on foreign policy are shifting, the more traditional, hawkish camp still retains influence,’ Hardie said. ‘This whole episode probably also reinforces Russian views of Trump as unpredictable and impulsive, though I suspect Moscow is glad to see Trump prioritizing the Western Hemisphere over other regions more central to Russian interests.’

China’s likely response would mirror its recent behavior in other conflicts. Beijing has major financial stakes in Venezuela but has shown little willingness to risk confrontation with the United States, especially in the Western Hemisphere.

Jack Burnham, a China analyst at FDD, said Maduro should take note of how China behaved during the 12-Day War, when Iran came under intense U.S.- and Israeli-led strikes.

‘If Maduro is expecting support from China, he should have had his expectations corrected by Tehran’s recent experience under fire,’ Burnham said. ‘Despite China providing key war-related materials to Iran prior to the 12 Day War, once the conflict escalated, Beijing stood down, content to stand on the sidelines and offer statements.’

Burnham said that same pattern would likely apply now: ‘If American military action accelerates, look for Beijing to engage in a war of words rather than send badly needed supplies to Caracas.’

Trump’s crusade against drugs

The Trump administration has beefed up its military presence off the coast of Venezuela and has adopted a hard-line approach to address the flow of drugs into the U.S. For example, it designated drug cartel groups like Tren de Aragua, Sinaloa and others as foreign terrorist organizations in February.

The Trump administration has repeatedly said it does not recognize Maduro as a legitimate head of state, but instead, a leader of a drug cartel. In August, the Trump administration upped the reward for information leading to Maduro’s arrest to $50 million, labeling him ‘one of the largest narco-traffickers in the world.’

On Sunday, Trump confirmed that he spoke to Maduro over the phone last week, after the New York Times reported that the two had talked, but declined to provide specifics on what they discussed. However, The Miami Herald reported on Sunday that Trump gave Maduro an ultimatum, guaranteeing the Venezuelan leader and his family safety — if he resigned immediately. 

The White House did not provide comment when asked if the Trump administration is pushing a regime change, and whether Maduro had been offered any incentives to step down. However, the officials said all options are on the table to mitigate the influx of drugs into the U.S. 

‘President Trump has been clear in his message to Maduro: stop sending drugs and criminals to our country,’ White House spokesperson Anna Kelly said in a statement to Fox News Digital on Tuesday. ‘The President is prepared to use every element of American power to stop drugs from flooding in to our country.’

The White House did not respond to a request for comment from Fox News Digital on The Miami Herald’s report. 

Additionally, the New York Post reported on Tuesday that U.S. officials are discussing potentially sending Maduro to Qatar, although officials familiar with Qatar’s role in the negotiations said Maduro will not head there. It’s unclear where Maduro would flee to, and no countries have confirmed they will accept him. 

Trump’s reported negotiation with Maduro comes as the strikes in the Caribbean are facing heightened scrutiny from the legal community and lawmakers.

While lawmakers have questioned the legality of the strikes since the beginning, the attacks have come under renewed scrutiny after the Washington Post reported on Friday that Secretary of War Pete Hegseth verbally ordered everyone onboard the alleged drug boat to be killed in a Sept. 2 operation. The Post reported that a second strike was conducted to take out the remaining survivors on the boat. 

On Monday, the White House confirmed that a second strike had occurred, but disputed that Hegseth ever gave an initial order to ensure that everyone on board was killed when asked specifically about Hegseth’s instructions.

The White House also said Monday that Hegseth had authorized Adm. Frank ‘Mitch’ Bradley to conduct the strikes, and that Bradley was the one who ordered and directed the second one. 

At the time of the Sept. 2 strike, Bradley was serving as the commander of Joint Special Operations Command, which falls under U.S. Special Operations Command. He is now the head of U.S. Special Operations Command. 

According to Hegseth, carrying out a subsequent strike on the alleged drug boat was the right call. 

‘Admiral Bradley made the correct decision to ultimately sink the boat and eliminate the threat,’ Hegseth said Tuesday. 

Altogether, the Trump administration has conducted more than 20 strikes against alleged drug boats in Latin American waters, and has enhanced its military presence in the Caribbean to align with Trump’s goal to crack down on drugs entering the U.S.

The last confirmed strike occurred on Nov. 15. Hegseth said Tuesday that although there has been a pause in strikes in the Caribbean because alleged drug boats are becoming harder to find, the Trump administration’s crusade against drugs will continue. 

‘We’ve only just begun striking narco-boats and putting narco-terrorists at the bottom of the ocean because they’ve been poisoning the American people,’ Hegseth said Tuesday. 


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