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More than 200 House Democrats voted against banning Medicaid dollars from funding transgender treatments for minors.

The Do No Harm in Medicaid Act was introduced by Rep. Dan Crenshaw, R-Texas, and received support from all House Republicans when it was put to a vote Thursday afternoon.

The measure passed 215-201, with all opposition coming from Democrats. All Republicans who voted approved the bill.

Four Democratic representatives voted for the bill — Henry Cuellar, D-Texas; Vicente Gonzalez, D-Texas; Don Davis, D-N.C.; and Marie Gluesenkamp Perez, D-Wash.

Transgender issues, particularly related to minors, have been one of the topics driving a wedge between moderate and progressive Democrats. 

The bill would block federal reimbursement for specific gender surgeries performed on minors and treatments such as hormone therapies, according to the legislative text.

The legislation could also block Medicaid funding to states that do allow federal funds to be used for transgender medical treatments for minors.

But the bill provides exceptions for puberty blockers prescribed during precocious puberty and gender-related surgeries performed to fight injury, illness and the potential death of a child, among others.

House Energy & Commerce Committee Chairman Brett Guthrie, R-Ky., said the legislation would save $445 million over a decade for the Medicaid program during debate on the bill Thursday.

Guthrie said it did not prevent children from getting medically necessary treatment, adding it ‘simply prohibits the use of Medicaid funding on specified procedures that are medically unnecessary.’

‘I’m not sure my colleagues even believe what they’re saying,’ Crenshaw said during his turn to speak. ‘Today’s great sin in medicine is perhaps one of the worst that we’ve seen in human history — a sick, twisted ideology parroted by social media, fueling social confusion.’

But Rep. Frank Pallone, D-N.J., called it an ‘extreme attack on medically necessary treatment for children.’

‘This is Congress seeking to ban healthcare for the most vulnerable among us,’ Rep. Mark Takano, D-Calif., said. ‘The healthcare that trans youth receive is a decision that they should be able to make in consultation with their parents, therapists and doctors, not politicians.

‘The hypocrisy of this legislation is staggering,’ he added, arguing the medical procedures it bans ‘allows for the same exact care for non-transgender youth.’


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The International Criminal Court, or ICC, is in the fight of its life. Its top prosecutor, Karim Khan, faces serious allegations of criminal misconduct, including claims of repeated sexual assault. Khan has strongly rejected the accusations, instead blaming Israel for his problems.

The ICC is scrambling for an off-ramp, one that cuts Khan loose while salvaging its long-criticized posture toward Israel and the United States. The question is: Will it work?

Khan is accused of sexually assaulting a junior ICC employee for more than a year, including on ICC premises, and then engaging in reprisals against the whistleblower and those who supported the alleged victim. A second alleged victim from a previous professional relationship with Khan has also come forward.

The ICC apparatus has slow-walked its response for more than 18 months, with Khan on paid leave since May. On Dec. 12, 2025, officials announced that the fact-finding stage of a confidential U.N. investigation was complete and that a legal analysis phase by unnamed ‘judicial experts’ would take another 30 days.

Both Khan and his alleged ICC victim support the strategy of analogizing democratic Israel to genocidal Hamas and using the ICC to pursue criminal charges against Israeli officials. Hence, Khan’s reported suggestion that his accuser — who is also Muslim — was influenced by Israeli intelligence has drawn skepticism. Reports of a Qatar-backed covert operation aimed at uncovering an Israeli link apparently found nothing.

The problem for the ICC is not only that its top international criminal lawyer is now engulfed in damaging criminal allegations, but that the institution itself has been undeniably stained.

On May 2, 2024, Khan learned that word of the allegations had circulated within the ICC. At the time, he and his staff were preparing for a trip to Israel at the end of May, following an extraordinary offer of cooperation from Jerusalem. The plan was to obtain key information for his ongoing investigation. Instead, on May 20, Khan abruptly canceled the trip and very publicly announced on CNN that he was seeking arrest warrants for Israeli Prime Minister Benjamin Netanyahu and Defense Minister Yoav Gallant.

Americans, Israelis and even ICC staff speculated about the timing, especially after the allegations became public in fall 2024.  Many observers argue that Khan has sought to cast his response to the scandal in political terms, hoping framing  Israel would circle the wagons around him.  And for a time, it appeared to work.

The alleged victim told investigators a primary reason  she did not speak up sooner. She is quoted as saying: ‘I held on for as long as I could because I didn’t want to f— up the Palestinian arrest warrants.’ It is a sickening testament to how political pressures can erode even basic human dignity.

On Nov. 17, 2025, Israel asked the ICC Appeals Chamber to disqualify Khan and void the arrest warrants against Netanyahu and Gallant. By contrast, on Dec. 10, 2025, the ICC’s own Office of Public Counsel for Victims — widely seen as preparing to distance the Court from Khan — argued that his removal should have no effect on the Israeli warrants.

The quandary the ICC faces is this: Before the Appeals Chamber sits a prosecutor running an investigation against the state of Israel  that culminated in arrest warrants based on material compiled under his supervision. And, at the same time,  he has been using Israel as a foil  to defend himself against personal allegations

Will anyone of sane mind believe that the explosive accusations against Khan and his public responses did not taint the investigation, the arrest requests or the Pre-Trial Chamber’s decision that relied upon Khan to confirm the warrants in November 2024?

As the British would say, ‘Not bloody likely.’

The Appeals Chamber’s problem goes deeper. The ICC was created in 1998 by a sharply contested vote that saw the United States, Israel and several others vote against it. The central issue: The ICC would upend the fundamental building block of international law — consent. Under the Rome Statute, the Court can assert criminal jurisdiction over nationals of states that never signed the treaty and consented to be bound.

Israel and the United States knew exactly where that would lead. And it did — Americans in Afghanistan (for starters), and Israelis from day one.

As a result, on a bipartisan basis, the United States has implemented measures to shield Americans (and allies, including Israelis) from ICC overreach. The truth is, those protections have proved inadequate, as political targeting and fallout have grown under the ICC’s expansive criminalization enterprise.

The Trump administration promised to do more. On Feb. 6, 2025, the president signed an executive order authorizing sanctions against individuals involved in ICC efforts to target Americans and allies. To date, the order has been applied to only 12 people.

New U.S. demands reportedly call for amending the Rome Statute to limit ICC authority. It’s common knowledge that the process — and the international politics — make such an amendment a nonstarter.

So the ball is only partially in the Appeals Chamber’s court. Of course, the allegations against Khan and the ICC’s halting and opaque oversight mechanisms have battered the institution’s credibility. But the real question remains: What is the United States prepared to do about it?


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Investor Insight

Silver Dollar Resources is repositioning its flagship La Joya silver-gold-copper project to unlock high-grade underground potential in Mexico’s prolific Durango-Zacatecas silver belt. Strengthened by the all-share sale of its Ranger-Page project to Bunker Hill Mining, the company offers investors leveraged exposure to near-term silver (zinc-lead) production in Idaho’s Silver Valley, while remaining fully funded to advance exploration across its core portfolio through 2026.

Overview

Silver Dollar Resources (CSE:SLV,OTCQX:SLVDF,FSE:4YW) is a precious metals exploration company focused on advancing high-grade silver and gold opportunities in Mexico. The company’s primary asset is the La Joya silver-gold-copper project, located in the southern portion of the Durango-Zacatecas silver belt, one of the world’s most productive silver regions.

La Joya has been the subject of extensive historical exploration, including more than 51,600 meters of drilling across 182 drill holes. This work outlined multiple mineralized zones, including the Main Mineralized Trend, Santo Niño and Coloradito. Silver Dollar is re-evaluating the project with an underground-focused exploration model, supported by structural analysis, underground sampling and reassessment of historic drill core to identify higher-grade targets at depth.

The company also owns the Nora silver-gold project in Durango, Mexico, which hosts the historic Candy mine and epithermal vein system that has returned high-grade surface sampling results. In addition, Silver Dollar holds an equity position in Bunker Hill Mining following the sale of the Ranger-Page project, providing equity exposure to the planned production restart in Idaho’s Silver Valley in the first 2026.

Silver Dollar is supported by an experienced management and technical team with expertise in underground exploration, epithermal systems and project evaluation. With a strong treasury, active exploration programs and multiple upcoming catalysts, the company is positioned to deliver exploration progress through 2026.

Company Highlights

  • 100 percent owned La Joya project, an advanced-stage silver-gold-copper system in Mexico’s Durango-Zacatecas silver belt
  • La Joya was originally proposed as an open pit in 2013 based on US$24 silver, US$1,200 gold and US$3 copper
  • Strategic shift toward evaluating La Joya’s high-grade underground potential supported by new 3D geological modeling, underground sampling, and drill target development
  • Completed sale of the Ranger-Page project to Bunker Hill Mining, providing equity exposure to a near-term US silver producer
  • Fully funded to carry out planned exploration programs through 2026
  • Largest shareholder is mining investor Eric Sprott, with approximately 17.5 percent ownership
  • Multiple exploration catalysts planned, including drilling at La Joya in early 2026

Key Projects

La Joya Silver-Gold-Copper Project

The La Joya project is Silver Dollar’s 100 percent owned flagship asset. It is located within the Durango-Zacatecas silver belt, which hosts numerous past-producing and operating mines, including assets operated by First Majestic Silver, Grupo México, Industrias Peñoles and Pan American Silver.

Historical exploration at La Joya outlined multiple zones of mineralization, including the Main Mineralized Trend, Santo Niño and Coloradito, with mineralization occurring as skarn, replacement and vein-style systems. Previous work was largely oriented toward evaluating open-pit potential.

Silver Dollar is advancing a reinterpretation of La Joya as a potential high-grade underground system. Recent work includes:

  • Underground sampling from historic workings, returning values of up to 2,753 grams per metric ton (g/t) silver equivalent
  • Identification of the Central Dyke zone over approximately 770 meters, including a sample returning 3,513 g/t (~124 oz/ton) silver
  • Discovery of the Brazo zone, located approximately 1 kilometer west of the Main Mineralized Trend, with Phase II drilling returning up to 451 g/t silver over 5 meters
  • The Brazo Zone provides evidence of deeper, high-grade mineralization at La Joya
  • Development of new 3D geological models is in progress incorporating the large database of structural, geochemical and fault-kinematic analysis

Silver Dollar plans to advance a new phase of drilling at La Joya in the first quarter of 2026, with a focus on testing high-grade underground targets identified through recent modeling and sampling.

Nora Silver-Gold Project

The Nora project is located in Durango, Mexico, within the same regional silver trend as several major operations. The property hosts an epithermal vein system known as the Candy vein.

Geological mapping and surface sampling have returned high-grade gold, silver and base metal values, including samples grading up to 29.61 g/t gold and 2,215 g/t silver, along with locally elevated copper, lead and zinc values.

In 2025, Silver Dollar identified the North Canyon zone, located approximately 1.5 kilometers north of the historic Candy mine. Channel sampling returned 162 g/t silver equivalent over 12.48 meters within a broad oxidation zone. Ongoing mapping and trenching are being used to define drill targets for potential drill testing in the first quarter of 2026.

Ranger-Page Project (Sold)

Silver Dollar acquired the Ranger-Page silver-lead-zinc project in Idaho’s Silver Valley in August 2024 and agreed to sell the asset to neighbor Bunker Hill Mining in October 2025 for C$3.5 million, payable by the issuance of 23,333,334 Bunker Hill shares at a deemed price of C$0.15 per share. The sale closed in December and the value of those Bunker Hill shares at the time of closing was approximately $5.8 million.

The Ranger-Page project is geologically contiguous with the Bunker Hill mine system. The transaction provides Silver Dollar with equity exposure to Bunker Hill’s planned production restart in the first half of 2026. Teck Resources owns ~32 percent of Bunker Hill and has life-of-mine off-take agreement for 100 percent of the zinc and lead production. Silver Dollar expects Bunker Hill to receive increased analyst coverage and a higher valuation next year as production commences.

Red Lake Area Properties

Silver Dollar also holds two 100 percent owned gold grassroots exploration properties in Ontario’s Red Lake mining division: Pakwash Lake and Longlegged Lake. Early-stage work has included airborne magnetic surveys, geological mapping and surface sampling, identifying structural and geophysical targets associated with the Pakwash Lake Fault Zone.

While not a primary focus, the properties provide optionality in a well-established gold district with major Kinross Gold discovery drilling on the Dixie Halo property that adjoins both properties to the north.

Management Team

Gregory Lytle — President, CEO and Director

Gregory Lytle has more than 20 years of experience advising mineral exploration companies on corporate strategy, capital markets and communications. Prior to becoming CEO in 2025, Lytle served as a consultant to Silver Dollar and has facilitated more than $100 million in financings for mining-sector clients.

J.J. (Jeff) Smulders — CFO, Corporate Secretary and Director

Jeff Smulders has more than 45 years of experience in accounting, taxation and financial management. He has provided financial consulting services to public and private companies for more than 25 years.

Bruce MacLachlan — Independent Director

Bruce MacLachlan is an exploration professional with more than four decades of experience across grassroots and advanced-stage projects. He has worked with companies including Noranda, Hemlo Gold, Battle Mountain and Noront.

Guillermo Lozano-Chávez — Independent Director

Guillermo Lozano-Chávez is a geologist with more than 40 years of experience in exploration and mine management across the Americas. He previously served as vice president of exploration at First Majestic Silver.

Dale Moore — Exploration Manager and Qualified Person

Dale Moore is an underground-focused geologist with more than a decade of experience in Idaho’s Coeur d’Alene Mining District. His work includes major deposits such as Lucky Friday and the Galena Complex, and he leads technical work at La Joya.

Mark Malfair — Country Manager, Mexico

Mark Malfair is a bilingual geologist with more than 25 years of experience in exploration and project management in Mexico, including previous work at Chesapeake Gold’s Metates project.

This post appeared first on investingnews.com

Second lady Usha Vance worked to ensure a provision limiting the use of cellphones in Department of Defense Education Activity (DoDEA) classrooms was included in the National Defense Authorization Act, Fox News Digital has learned. 

The Senate passed the NDAA Wednesday — a bill that authorizes $901 billion for the Department of Defense, provides a pay raise for U.S. troops, and more.

‘Education is foundational to a child’s future, and the Second Lady has long believed that classrooms should be places of focus, curiosity, and meaningful connection,’ a spokesperson for Vance told Fox News Digital.

‘She was proud to support efforts to ensure the National Defense Authorization Act included provisions that limit cellphone use in DoDEA classrooms, recognizing that reducing distractions is essential for young learners,’ the spokesperson said. ‘This issue reflects her deep passion for early education and her commitment to giving children the best possible environment to learn, grow, and thrive.’

DoDEA schools were created by the U.S. military after the end of World War II for the children of service men and women.

DoDEA is one of the only two federally operated school systems and is responsible for planning, directing, coordinating and managing pre-K through 12th grade educational programs on behalf of the Department of Defense. DoDEA serves more than 67,000 children of active duty military and DoD civilian families.

Vance worked with Sen. Jim Banks, R-Ind., and Sen. Elissa Slotkin, D-Mich., to have the provision included. The two senators had introduced a bipartisan measure that was aimed at prohibiting smartphone use during instructional hours in DoDEA schools.

Vance collaborated and worked with Banks’ team, the White House Office of Legislative Affairs, and the House and Senate Armed Services Committees to ensure the provision would be included in the final NDAA.

With the addition of the provision in the final NDAA, DoDEA schools will update and standardize cellphone policies to ensure that mobile devices are used in a limited capacity during school hours.

During her time in the Trump administration, the second lady has spearheaded a number of projects — like her Summer Reading Challenge — to focus directly on improving early childhood literacy.

Fox News Digital has learned that the second lady plans to continue championing child literacy by expanding efforts that help young learners build strong reading foundations early in life.

The second lady is expected to work closely with educators, families and community partners to support innovative programs and collaborations that improve literacy outcomes for children across the country.


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White House press secretary Karoline Leavitt said Thursday that the Kennedy Center’s board voted unanimously to rename the institution to the ‘Trump-Kennedy Center’ in recognition of what she described as President Donald Trump’s efforts to save the building over the past year.

‘Congratulations to President Donald J. Trump, and likewise, congratulations to President Kennedy, because this will be a truly great team long into the future! The building will no doubt attain new levels of success and grandeur,’ said Levitt.

During a visit to the Kennedy Center in early December, Trump was asked whether he believed the performing arts center would eventually bear his name. 

‘I don’t know. I hear that, but I don’t know,’ he said, adding that any such decision would be made by the center’s ‘very prestigious’ board.

The current Kennedy Center board includes numerous figures closely aligned with Trump, from current administration officials to media personalities and political advisers, according to the center’s website.

‘The Kennedy Center Board of Trustees voted unanimously today to name the institution The Donald J. Trump and The John F. Kennedy Memorial Center for the Performing Arts. The unanimous vote recognizes that the current Chairman saved the institution from financial ruin and physical destruction,’ Vice President of public relations Roma Daravi told Fox News Digital on Thursday.

First look at Kennedy Center’s holiday spectacular concert for military families

‘The new Trump Kennedy Center reflects the unequivocal bipartisan support for America’s cultural center for generations to come,’ she added.

Trump and first lady Melania Trump attended an event at the Kennedy Center on December 7, highlighting the work of stars like Sylvester Stallone, Gloria Gaynor, George Strait, Michael Crawford and KISS band members Gene Simmons, Paul Stanley and Peter Criss.

An official with the center told Fox News Digital the name change follows recent precedent, pointing to the State Department’s decision earlier in December to add Trump’s name to the U.S. Institute of Peace and to past presidential administrations that have renamed military bases.

The official also pointed to Trump’s record on arts policy, noting that during his first term he signed the Music Modernization Act, supported emergency funding to help venues through Save Our Stages,as well as more recent measures to crack down on ticket scalping, and his backing of the American Music Fairness Act.


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First Majestic Silver (TSX:AG,NYSE:AG) has agreed to sell its Del Toro Silver Mine in Mexico to Sierra Madre Gold and Silver (TSXV:SM,OTC:SMDRF) in a transaction valued at up to US$60 million.

The Vancouver-based miner said it entered into a definitive agreement on December 17 to divest the 100 percent-owned, past-producing Del Toro mine, located in the halchihuites, Zacatecas region of Mexico.

Under the terms of the agreement, First Majestic will receive US$30 million at closing, consisting of US$20 million in cash and US$10 million in Sierra Madre common shares.

The shares will be issued at a price of C$1.30 each, matching the price of Sierra Madre’s concurrent subscription receipt financing tied to the transaction.

An additional US$30 million may be paid over time if certain development and production benchmarks are met. Within 18 months of closing, Sierra Madre is required to pay US$10 million in either cash or shares, at its election, based on the prevailing market price at the time of issuance and subject to a cap on the number of shares issued.

Further payments of US$10 million each are tied to the delineation of at least 100 million silver-equivalent ounces in mineral resources within 48 months, including the achievement of sustained commercial production of at least 4,000 tonnes per day within 60 months of closing.

All shares issued to First Majestic will be subject to statutory hold periods and additional resale restrictions under the agreement.

The transaction is conditional on Sierra Madre completing a concurrent private placement financing of at least USD$29 million in gross proceeds.

The company has announced plans to raise up to C$50 million through the issuance of subscription receipts, with the financing expected to close in January 2026.

Completion of the sale is also subject to customary regulatory and shareholder approvals. Sierra Madre expects to seek shareholder approval for the acquisition by the end of April 2026.

Del Toro is a former silver, gold, and lead producer that was placed on care and maintenance by First Majestic in January 2020.

The sale follows a prior transaction between the two companies, after Sierra Madre acquired the La Guitarra Silver Mine from First Majestic in 2022 and brought it back into commercial production in January 2025.

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

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Turnium Technology Group Inc. (TSXV: TTGI) (FSE: E48) (‘TTGI’ or ‘the Company’), a global Technology-as-a-Service (TaaS) wholesale provider, is pleased to announce a global commercialization partnership with Syntheia Corp. (‘Syntheia’) (CSE: SYAI), a leading provider of conversational AI solutions for inbound and outbound telephone call management.

This major milestone follows Turnium’s previously announced strategic alliance with Syntheia AI, marking the transition from collaboration to revenue-generating commercialization. The platform will be made available to Turnium’s channel partners as a value-added solution designed to enhance business communications, customer engagement, and operational efficiency.

AI-Driven Inbound and Outbound Communications

The Syntheia platform enables partners to deploy conversational AI for both outbound and inbound business communications, including:

Outbound Use Cases

  • Business development and lead engagement
  • Accounts receivable and payment follow-ups
  • Appointment confirmations and proactive customer outreach

Inbound Use Cases

  • Customer support and troubleshooting
  • Order status and service updates
  • Call routing and first-level response automation

By automating high-volume and repetitive communication workflows, the platform allows businesses to remain responsive and consistent while reducing operational strain.

Partner-Focused Commercial Strategy

‘Our partners are constantly looking for ways to deliver more value without adding complexity,’ said Doug Childress, Global CEO of Turnium. ‘The commercialization of Syntheia’s AI communications platform will sit within our TaaS ecosystem and provide our partners a practical, revenue-ready solution that addresses real business needs—from sales outreach to customer support—using AI.’

Tony Di Benedetto, Chairman and CEO of Syntheia AI, added, ‘This commercial rollout represents a major milestone for Syntheia. Through Turnium’s global partner network, our platform can now be deployed at scale, enabling partners and their customers to modernize how they communicate with clients, prospects, and stakeholders.’

Scalable, Partner-Ready Deployment

The platform has been structured for easy integration into partner environments, with flexible usage models and support for multi-industry deployments. Initial rollouts will focus on select partners, with broader availability planned as adoption expands.

This commercialization initiative reinforces Turnium’s strategy of delivering differentiated, AI-enabled solutions that drive partner growth and recurring revenue while strengthening customer relationships.

About Syntheia
Syntheia is an artificial intelligence technology company which is developing and commercializing proprietary algorithms to deliver human-like conversations and deploying our technology to enhance customer satisfaction while dramatically reducing turnover and traditional staffing issues.

For more information, visit www.syntheia.ai.

About Turnium Technology Group Inc.
Turnium Technology Group Inc. (TTGI) acquires companies that complement its Technology-as-a-Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global channel partner program to customers worldwide. TTGI’s mission is to provide IT providers with a complete, white-labelled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand.

In essence, Turnium is building a TaaS platform that incorporates all the services, platforms, and capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need. Additionally, Turnium provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market quickly and deliver exceptional quality.

Turnium delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its channel partners and their end-customers—because ‘Connectivity Matters.’

For more information, contact sales@ttgi.io, visit www.ttgi.io or follow us on Twitter @turnium.

Turnium Contact:

Investor Relations: Bill Mitoulas
Email: investor.relations@ttgi.io,
Telephone: +1 416-479-9547
Media inquiries: please email media@ttgi.io
Sales inquiries: please email sales@ttgi.io
www.ttgi.io, www.turnium.com, www.claratti.com

CAUTIONARY NOTES

Neither the TSX Venture Exchange 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 press release contains ‘forward-looking information’ within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as ‘plans’, ‘expects’ or ‘does not expect’, ‘is expected’, ‘budget’, ‘scheduled’, ‘estimates’, ‘forecasts’, ‘intends’, ‘anticipates’ or ‘does not anticipate’, or ‘believes’, or variations of such words and phrases or state that certain acts, events or results ‘may’, ‘could’, ‘would’, ‘might’ or ‘will be taken’, ‘occur’ or ‘be achieved’. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Some of these risks are described under the ‘Caution on Forward-Looking Information’ section and ‘Risk Factors’ section of the MD&A. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

Source

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Surface Metals Inc. (CSE:SUR,OTC:SURMF) (OTCQB: SURMF) (the ‘Company’, or ‘Surface Metals’) announced today that the Company has engaged Barwicki Investor Relations to lead a strategic investor relations and shareholder communication program.

Founded by Andrew Barwicki in 2006, New York-based Barwicki Investor Relations (‘Barwicki’) is a full-service investor relations firm representing publicly traded companies and pre-IPO companies. With over 30 years experience in investor relations and financial public relations, Barwicki has created one of the industry’s largest and most diverse database and network of institutional investors and retail investors, while creating a framework of best practices in all aspects of corporate and shareholder communications. In addition to their relationships with many of the industry’s most respected institutional investors, Barwicki Investor Relations has spent the past two decades creating an integrated platform that allows its clients far reaching exposure to investors in a consistent and in-depth format. For additional information visit www.barwicki.com.

Under the agreement between Surface Metals and Barwicki Investor Relations, the Company has agreed to pay Barwicki a monthly fee of US$5,300. The initial term of the Agreement is month-to-month and may be terminated by the Company at anytime. Barwicki will not receive any shares or options of the Company as compensation. Surface Metals and Barwicki are unrelated and unaffiliated entities. Barwicki has informed the Company that neither it nor its principals have any interest, directly, or indirectly, in Surface Metals or any securities of the company nor any right or intent to acquire such an interest.

Additionally, Surface Metals has terminated its agreement with IDR Marketing.

About Surface Metals Inc.

Surface Metals Inc. (CSE: SUR,OTC:SURMF) (OTCQB: SURMF) is a North American mineral exploration company focused on advancing a diversified portfolio of gold and lithium projects in Nevada, USA, and Manitoba, Canada. The Company’s Cimarron Gold Project is located in Nye County, Nevada, a historically productive gold district. Its Clayton Valley Lithium Brine Project hosts an NI 43-101 compliant inferred resource of approximately 302,900 tonnes LCE adjacent to Albemarle’s Silver Peak Mine. Surface Metals also holds additional lithium assets in Fish Lake Valley, Nevada, and through a joint venture with Snow Lake Energy in southeastern Manitoba.

On behalf of the Board of Directors
Steve Hanson
Chief Executive Officer, President, and Director
Telephone: (604) 564-9045
info@surfacemetals.com

Neither the CSE nor its regulations service providers accept responsibility for the adequacy or accuracy of this news release. This news release contains certain statements which may constitute forward-looking information within the meaning of applicable securities laws (‘forward-looking statements’). These include statements regarding the amount of funds to be raised under the Offering, and the use of such funds. There is no guarantee the Offering will be completed on the terms outlined above, or at all. Use of funds is subject to the discretion of the Company’s board of directors, and as such may be used for purposes other than as set out above. Any forward-looking statement speaks only as of the date it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise.

Corporate Logo

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/278450

News Provided by Newsfile via QuoteMedia

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Investor Insight

With a sharp focus on discovery, de-risking and resource growth, NevGold presents a compelling investment opportunity as an undervalued gold and critical metals explorer with projects in Nevada and Idaho – two of the world’s top mining jurisdictions. The company is uniquely positioned at the intersection of gold and antimony, a US-designated critical mineral, at a time of increasing government support for domestic supply chains.

Overview

NevGold (TSXV:NAU,OTCQX:NAUFF,FSE:5E50) is a US-focused exploration and development company advancing a portfolio of gold, antimony and copper assets in Nevada and Idaho – two of the most established and mining-friendly jurisdictions globally. The company’s strategy is centered on discovering and growing large-scale, near-surface mineral systems with clear development pathways, strong infrastructure access, and relevance to US domestic supply chains. NevGold’s asset base combines advanced gold resources, emerging gold-antimony systems, and early-stage copper exploration, providing commodity and project-stage diversification within a single platform.

Map showing mining projects in Nevada and Idaho with details on each site.

The company is executing an active, fully funded work program focused on drilling, metallurgical testwork, geological modeling and mineral resource advancement across its core projects. At Limo Butte in Nevada, NevGold is advancing a rare near-surface oxide gold-antimony system toward an initial gold-antimony mineral resource estimate (MRE), supported by recent high-grade antimony discoveries and positive metallurgy. At Nutmeg Mountain in Idaho, the company hosts a sizable, near-surface gold resource with favorable heap-leach characteristics and ongoing expansion potential. Complementing these assets, the Zeus copper project provides early-stage exposure to a rapidly emerging porphyry belt.

Collectively, NevGold is positioned to drive resource growth and de-risking while maintaining leverage to gold prices and increasing strategic demand for critical minerals in the United States.

Company Highlights

  • 5+ Moz Gold-Equivalent Growth Target: Advancing toward a multi-million-ounce gold-equivalent resource base across Nevada and Idaho.
  • Gold+Antimony Critical Metals Advantage: Limo Butte is emerging as a significant near-surface oxide gold-antimony system – one of only two of its kind in the United States.
  • High-grade Antimony Discovery – New Bullet Zone intercepts of up to 5.51 percent antimony from surface significantly expand Limo Butte’s mineralized footprint.
  • De-risked Metallurgy – Phase II testwork delivered up to 85 percent antimony recovery with minimal impact on gold recovery.
  • Advanced Gold Resource Base – Nutmeg Mountain hosts a 2025 NI 43-101 MRE of 1.2 Moz indicated + 550 koz inferred, starting at surface.
  • District-scale Copper Exposure – Zeus offers early-stage copper-gold-molybdenum potential in a highly active copper porphyry belt, adjacent to a Barrick-backed discovery.
  • Tier-1 US Jurisdictions – All assets located in mining-friendly Nevada and Idaho with excellent infrastructure.
  • Fully Funded Exploration and Growth – ~C$12.5 million cash funds drilling, metallurgy and resource updates through 2026.
  • Tight Capital Structure – Strong insider ownership with strategic shareholders including GoldMining and McEwen.

Key Projects

Limo Butte Project

The Limo Butte project is NevGold’s cornerstone development asset, located in eastern Nevada within a prolific Carlin-style geological setting. The project hosts a historical (2009) gold resource and has been materially upgraded through 2025 re-assaying, drilling, metallurgical work and geological reinterpretation.

Map showing mining claims and target areas in Freeport-Butte Valley and Cherry Creek.

In 2025, NevGold completed approximately 10,000 meters of RC drilling (18 holes) across Resurrection Ridge and Cadillac Valley, resulting in the discovery of the high-grade antimony-gold Bullet Zone. Highlights include 5.51 percent antimony over 4.6 meters from surface, within broader gold-antimony mineralized intervals, significantly expanding the mineralized footprint eastward.

Geological map displaying drill zones and mineralization data

Mineralization begins at or near surface, supporting low-strip, open-pit mining scenarios. Metallurgical testwork has advanced to Phase II, demonstrating up to 85 percent antimony recovery via acid leaching across a wide range of antimony grades, with minimal impact on gold recovery. Acid leaching is being evaluated as the preferred process, with the potential to produce antimony metal on site.

NevGold is advancing Limo Butte toward an initial NI 43-101 compliant gold-antimony MRE, forming the basis for future economic studies.

Nutmeg Mountain Project

Nutmeg Mountain is an advanced, near-surface oxide gold project located approximately 80 km northwest of Boise, Idaho. The 2025 NI 43-101 MRE defines 1.2 Moz gold indicated and 550 koz gold Inferred, with mineralization starting at surface and excellent continuity.

The conceptual pit shell shows a strip ratio of less than 1:1, highlighting strong potential for low-cost heap-leach development. Ongoing work includes metallurgical optimization, resource expansion drilling, and evaluation of high-grade feeder structures below the current pit shell.

Zeus Copper Project

Zeus is an early-stage copper-gold-molybdenum exploration project located on the emerging Hercules Copper Trend. Soil geochemistry completed in 2025 identified kilometer-scale copper-gold-molybdenum anomalies at the Poseidon and Thorn Springs targets. Geophysical surveys are ongoing, with initial drill testing planned following target refinement.

Cedar Wash Project

Cedar Wash is a 100 percent-owned, early-stage gold project in Nevada that hosts a district-scale gold-in-soil anomaly extending over approximately two kilometers. The project provides additional exploration optionality within NevGold’s Nevada portfolio and is not currently a primary focus of near-term capital allocation.

Management Team

Brandon Bonifacio – President, CEO and Director

Brandon Bonifacio is a mining executive with over 15 years of experience in project development and M&A. Previously served as finance director of the Norte Abierto JV (Cerro Casale/Caspiche) for Goldcorp (now Newmont), and a senior member of Goldcorp’s Corporate Development group. He holds an MASc in mining engineering and MBA from the University of Nevada, Reno.

Greg French – VP Exploration and Director

Greg French is a professional geologist with over 35 years of exploration and development experience in the US and Canada. He has held leadership roles in Nevada Copper, Homestake and Atlas Precious Metals, and has guided multiple projects through feasibility and into production.

Bob McKnight – EVP, CFO and Corporate Development

Bob McKnight is a professional engineer with an MBA and more than 40 years of mining experience. He was involved in over $1.5 billion in debt, equity and M&A deals. McKnight brings strategic and financial depth to NevGold’s growth trajectory.

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Note: The October-November readings for both the Consumer Price Index and the Everyday Price Index should be viewed as provisional rather than definitive. A temporary government funding lapse interrupted standard federal price collection, leaving gaps that could not later be filled and forcing reliance on limited alternative inputs. Data collection resumed partway through November, restoring more normal coverage only as the month progressed.

The AIER Everyday Price Index (EPI) fell 0.24 percent to 296.9 throughout October and November 2025, ending ten months of consecutive increases. Of its 24 constituents, the prices of 13 rose, three were unchanged, and eight declined. Those showing the largest increases included postage and delivery services, admissions to movies, theaters, and concerts, and tobacco and smoking products. Declining in price the most were motor fuel, food at home, and personal care products.

AIER Everyday Price Index vs. US Consumer Price Index (NSA, 1987 = 100)

(Source: Bloomberg Finance, LP)

Also on December 18, 2025, the US Bureau of Labor Statistics (BLS) released its combined November and December 2025 Consumer Price Index (CPI) data. Consumer prices continued to cool on a year-over-year basis through November, with headline inflation decelerating to 2.7 percent, down from a 3.0 percent pace earlier in the fall. Core inflation, which excludes food and energy, rose 2.6 percent over the past year, broadly matching the increase in food prices and underscoring a general moderation in underlying price pressures.

October-November 2025 US CPI headline and core year-over-year (2015 – present)

(Source: Bloomberg Finance, LP)

Energy costs remained a notable exception, advancing 4.2 percent year-over-year, led by sharp gains in fuel oil, electricity, and natural gas, while gasoline prices posted only modest increases. Food prices rose 2.6 percent overall, with meals consumed away from home climbing more quickly than groceries, as full-service dining costs rose 4.3 percent and limited-service establishments saw prices increase 3.0 percent. Shelter inflation eased but remained elevated at 3.0 percent, continuing to contribute meaningfully to core measures. Other categories registering notable annual increases included household furnishings and operations, medical care, used vehicles, and recreation, though most advanced at a slower pace than in prior periods.

Underlying US inflation eased meaningfully between September and November. On a combined October to November basis, average monthly inflation was notably subdued: headline CPI advanced just 0.10 percent per month, while core CPI rose 0.08 percent, implying annualized core inflation rates of 1.6 percent over three months and 2.6 percent over six months, well below late-summer readings. Goods inflation continued to cool, with non-energy goods rising 1.4 percent year-over-year and many tariff-exposed categories outright deflating amid aggressive holiday discounting. Services inflation also softened, as shelter prices rose just 3.0 percent year-over-year: the slowest increase in more than four years. Key Fed-watched services measures excluding housing and energy advanced only 2.7 percent, matching their lowest pace since 2021.

Interpretation of the report is complicated by the federal government shutdown, which disrupted October data collection and forced the BLS to rely heavily on imputation. Additionally, a narrow set of non-survey price series representing roughly 11 percent of the CPI basket were employed. For most categories, October prices were carried forward from September, including owners’ equivalent rent and primary rents; an approach that likely biased measured inflation lower across October and November. Collection delays in November may also have captured more holiday discounting than usual, particularly around Black Friday, despite extended BLS collection efforts. As a result, month-to-month comparisons are less reliable, and some of the apparent disinflation, especially in housing, should be treated with caution. Nevertheless, third-party and online price data broadly corroborate declines in discretionary goods and tariff-exposed categories, suggesting the slowing seen in the data is not a purely statistical aberration.

Beneath the noise, several trends appear durable: grocery prices declined on average over the two months, with eggs plunging 11 percent cumulatively. Apparel, computers, toys, and sporting goods all posted outright deflation; and lodging away from home fell sharply, pointing to softening demand in discretionary services. Energy prices were mixed, rising modestly overall, while auto prices remained a partial holdout as used vehicles still show increasing prices on a monthly basis. Auto parts and equipment fell. 

Financial markets have clearly interpreted the report as broadly dovish, with equities rising, Treasury yields falling, and the dollar weaker despite Fed officials remaining divided on the policy path amid lingering data uncertainty. Altogether, the October–November CPI release suggests inflation momentum is waning, tariff pass-throughs may be fading, and underlying price pressures are cooling, all of which increase the odds of earlier and deeper rate cuts in 2026 even if policymakers remain cautious about acting on distorted near-term data.