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Further to the Preliminary Economic Assessment announced on 31 January 2025, Metals One (AIM: MET1, OTCQB: MTOPF), a critical and precious metals exploration and development company, is pleased to announce it has formally applied to the EU for Strategic Project designation for the Company’s Black Schist Ni-Cu-Co-Zn Project in Finland. The application has been made pursuant to the Critical Raw Materials Act, which seeks to establish a framework for ensuring a secure and sustainable supply of critical raw materials.

Highlights of Basis of Application

Project Summary & Strategy Recap

The Black Schist Project comprises the Rautavaara (‘R1’) and Paltamo (‘P5’) deposits in eastern Finland, near the regional mining centre of Sotkamo and supported by excellent transport and power infrastructure. Metals One holds 100% of the licences through its wholly owned subsidiary and acquired the project in 2023, commissioning CSA Global to prepare a Competent Persons Report, including a Mineral Resource Estimate for R1. The project is located within the economically significant Kainuu Schist Belt, which hosts Talvivaara-style black schist mineralisation – one of Europe’s lowest-cost and most environmentally attractive sources of Ni-Zn-Co-Cu battery metals.

On listing, Metals One secured low-risk exploration licences across the belt, including an existing JORC Inferred Resource of 28.1 Mt at R1 and a JORC Exploration Target of 16-25 Mt at P5. The Company’s strategy focuses on rapidly growing resources by refining a geological and geophysical prospectivity model, expanding and upgrading R1 and P5 through drilling, and identifying new targets. In late 2023, an eight-hole, 1,548 m drill programme at the R1 Hook anomaly refined the model and highlighted potential resource extensions, with early results already guiding further target generation, including the K1 prospect at Korpimäki.

Purpose of Designation

For the purposes of designation under the Critical Raw Materials Act, the R1 deposit constitutes the Strategic Project core asset of the Black Schist Project.

The designation is sought to support the advancement of R1 from Preliminary Economic Assessment (‘PEA’) to Pre-Feasibility Study (‘PFS’) and subsequent permitting, enabling near-term de-risking of EU-based extraction capacity for strategic raw materials, notably cobalt and copper, with nickel produced as a strategically relevant co-product.

Basis for Prioritisation

R1 has been prioritised based on the following PEA-supported factors:

  • Demonstrated positive economics at PEA level, including a post-tax NPV at both 5% and 8% discount rates as announced on 31 January 2025
  • Established JORC-compliant Inferred Mineral Resource constrained by reasonable prospects for eventual economic extraction
  • Proximity to established Finnish processing infrastructure and technical precedent
  • Manageable environmental and permitting risks that are identifiable and capable of early mitigation

P5 is excluded from the initial Strategic Project scope and is considered a contingent, medium-term optional expansion subject to future optimisation and market conditions.

Strategic Intent

Strategic Project designation is intended to:

  • Support structured and coordinated permitting for the Rautavaara deposit
  • Facilitate engagement with EU institutions, Member State authorities and potential downstream counterparties
  • Enable access to EU-aligned de-risking, financing and technical assistance mechanisms
  • Preserve optionality for future expansion without diluting near-term strategic focus

Project Relevance

In 2023, global nickel production was reported to be over 3.3 Mt, an increase of over 10% from 2022, of which Indonesia and the Philippines account for over 60%. By contrast, negligible amounts of nickel are currently produced in Europe. Although nickel does not currently qualify as a critical raw material in the EU, the US Geological Survey added nickel (and zinc) to its critical minerals list in 2022, meaning that the metal is now considered to be essential to the economic security of the US. Despite not qualifying for the EU list, analysis still identified nickel to be of material economic importance to the EU as a Strategic Raw Material and, since the start of Q2 2022, Indonesia (the largest global producer) has banned the export of unprocessed nickel ores to ensure that ores are processed domestically as opposed to being exported and processed offshore. Given these relatively recent developments in the nickel market, producing the metal domestically within the EU becomes an ever more critical goal.

The PEA highlights the opportunity for the Company’s Black Schist Project to make a meaningful contribution to the security of the EU’s supply of this strategic material.

Daniel Maling, Managing Director of Metals One, commented:

‘Access to raw materials is essential for the EU’s economy and the functioning of the internal market. The Black Schist Project is a multi-metal extraction project potentially contributing to the Union’s security of supply for several Strategic Raw Materials.

Strategic Project designation would provide several key advantages that could aid in the project’s development and long-term success, including but not limited to enhanced access to project financing, including eligibility for funding from EU programmes, and streamlined permitting processes.

Given the key role of many critical raw materials in realising the green and digital transitions, and considering their use for defence and aerospace applications, demand is likely to increase exponentially in the coming decades. Further, risk of supply disruptions is increasing against the background of rising geopolitical tensions and resource competition. We believe our Black Schist Project can contribute a stable and secure resource of strategic and critical metals to the EU market.’

Enquiries:

Metals One Plc

Daniel Maling, Managing Director

Craig Moulton, Chairman

info@metals-one.com

+44 (0)20 7981 2576

Beaumont Cornish Limited (Nominated Adviser)

James Biddle / Roland Cornish

+44 (0)20 7628 3396

Oak Securities (Joint Broker)

Jerry Keen / Calvin Man

+44 (0)20 3973 3678

Capital Plus Partners Limited (Joint Broker)

Jonathan Critchley

+44 (0)207 432 0501

Vigo Consulting (UK Investor Relations)

Ben Simons / Fiona Hetherington

IR.MetalsOne@vigoconsulting.com +44 (0)20 7390 0230

About Metals One

Metals One is pursuing a strategic portfolio of critical and precious metals projects and investments underpinned by the Western World’s urgent need for reliably and responsibly sourced raw materials – and record high gold prices. Metals One’s shares are listed on the London Stock Exchange’s AIM Market (MET1) and on the OTCQB Venture Market in the United States (MTOPF).

Map of Metals One projects/investments

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Market Abuse Regulation (MAR) Disclosure

The information set out below is provided in accordance with the requirements of Article 19(3) of the Market Abuse Regulations (EU) No. 596/2014 which forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 (‘MAR’).

Nominated Adviser

Beaumont Cornish Limited (‘Beaumont Cornish’) is the Company’s Nominated Adviser and is authorised and regulated by the FCA. Beaumont Cornish’s responsibilities as the Company’s Nominated Adviser, including a responsibility to advise and guide the Company on its responsibilities under the AIM Rules for Companies and AIM Rules for Nominated Advisers, are owed solely to the London Stock Exchange. Beaumont Cornish is not acting for and will not be responsible to any other persons for providing protections afforded to customers of Beaumont Cornish nor for advising them in relation to the proposed arrangements described in this announcement or any matter referred to in it.

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Sirios Resources Inc. (TSXV: SOI) (OTCQB: SIREF) (‘Sirios’ or ‘the Company’) has started the year with an infusion of capital, giving the Company additional financial flexibility for enhancing its exploration and investor programs in 2026.

The exercise of 10,209,000 warrants and 1,750,000 options have added $1,516,080 to the treasury and resulted in the issuance of 11,959,000 shares. There are now 397,933,426 common shares outstanding.

‘These exercises validate our proposed combination with OVI Mining Corp. and reflect the recent performance of our stock,’ said Dominique Doucet, Founder and CEO of Sirios Resources. ‘Our strategy is gaining traction, and investors are noticing. We intend to build on this momentum by expanding our investor outreach this year. Jean-Félix Lepage, who will take over as CEO after the closing of the transaction with OVI Mining, will join me for a series of investor events in the coming weeks.’

Sirios to Attend Key Industry Conferences in Q1
As part of its continued commitment to enhancing market visibility and shareholder engagement, Sirios will participate in the following investment conferences:

    In addition, Dominique Doucet and Jean-Félix Lepage will host a series of investor luncheons and one-on-one meetings in Vancouver, Calgary, Montreal and Toronto. Full details on these events will be posted to the Sirios website. To request an invitation, please send an email to info@sirios.com.

    In addition, Sirios also has engaged Resource Stock Digest (RSD) to initiate an advertising and marketing program. An initiation fee of US$8,500 has been paid and a monthly cost of US$2,450, starting this month, will be paid for the first three months and can extend to a total period of 18 months. RSD is owned and operated by Gerardo Del Real and Nick Hodge and its contact details are as follows: Gerardo Del Real, 2051 Gattis School Rd, Ste. 540 PMB 176, Round Rock, TX 78664, USA.

    About Sirios
    Sirios Resources is a mining exploration company based in Quebec, focused on developing its portfolio of high-potential gold projects in the Eeyou Istchee James Bay, Canada. Sirios announced on December 11, 2025, the details of the acquisition of OVI Mining, a landmark event in the company’s history.

    Contact
    Dominique Doucet, Eng., President and CEO
    Phone: 450-482-0603
    ddoucet@sirios.com
    www.sirios.com

    Cautionary Note Regarding Forward-Looking Statements
    This press release contains ‘forward-looking statements’ within the meaning of applicable Canadian securities laws based on expectations, estimates and projections as of the date of this press release. Forward-looking statements involve risks, uncertainties and other factors that could cause actual events, results, performance, expectations and opportunities to differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from those indicated in such forward-looking statements include, but are not limited to: capital and operating costs that differ materially from estimates; the tentative nature of metallurgical test results; delays or failures in obtaining required governmental, environmental or other approvals; uncertainties related to the availability and cost of necessary financing in the future changes in financial markets; inflation; fluctuations in metal prices; delays in project development; other risks relating to the mineral exploration and development industry; and risks disclosed in public filings of the Company on SEDAR+ at www.sedarplus.ca. Although the Company believes that the assumptions and factors used in preparing the forward-looking statements contained in this news release are reasonable, readers should not place undue reliance on this information, which speaks only as of the date of this news release, and there can be no assurance that such events will occur or occur within the time periods presented. The Company disclaimed any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.

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

    Source

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    American Eagle Gold Corp. (TSXV: AE) (‘American Eagle’ or the ‘Company’) is pleased to announce drill results that further expand the South Zone at its NAK copper-gold project in British Columbia. Holes NAK25-55 and NAK25-62 extend shallow mineralization nearly 150 meters east-southeast, while NAK25-69 and NAK25-72 expand it 150 meters to the west-southwest. Notably, NAK25-55 and -62 highlight near-surface mineralization along the southern edge of the Babine porphyry stock shown in Figure 1. Additionally, Figure 2 highlights the South Zone growth achieved through the drill results presented in this release.

    Highlights:

    • NAK25-62: Extended near-surface mineralization 150 m east of NAK25-46, intersecting 140 m of 0.74% CuEq within 189 m of 0.61% CuEq starting near surface.
    • NAK25-55: Extended near-surface mineralization 150 m south of NAK25-62, intersecting 134 m of 0.40% CuEq starting near surface.
    • NAK25-69: Extended mineralization 150 m south of NAK25-41, intersecting 130 m of 0.62% CuEq within 409 m of 0.33% CuEq starting 215 m downhole.
    • NAK25-72: Further westward extension of NAK25-69 drilled from the same location at a shallower inclination, intersecting 455 m of 0.31% CuEq starting 166 m downhole.

    Strategic Importance of the South Zone:

    The South Zone is characterized by strong grades, shallow mineralization, and minimal overburden, making it a logical focus for continued step-out and infill drilling. This area has the potential to support early-stage development scenarios while providing optionality for bulk mining approaches in adjacent, yet-to-be-defined zones across the NAK project.

    With these latest results, the South Zones dimensions extend over 700 m in the east-west direction, 500 m in the north-south direction, and to over 800 m in depth. The holes in this release have contributed a high-confidence expansion of over 150 m in both the east-west and north-south dimensions from the previous iteration of the model, and a substantial increase over the previous seasons of drilling (see Figure 3). Strong potential for expansion remains along the southern margin of the Babine Porphyry stock, where the Company has completed additional widely spaced step-out drilling, within a 1 km trend of open, highly prospective ground, extending eastward from the currently modeled bounds of the zone (see Figure 4).

    ‘These results reinforce the South Zone as the focus of our drilling program, yet they also highlight that it sits within what is clearly an exceptionally large and continuous copper-gold system at NAK that exists far beyond what is the South Zone. The consistent near-surface mineralization and significant step-out extensions in multiple directions confirm both the scale and the potential of NAK,’ said Anthony Moreau, CEO of American Eagle Gold Corp.

    View Interactive 2D Map of NAK

    View Core Photos for Released Holes

    Watch: Webinar with Anthony Moreau and Neil Prows Discussing Significance of January 15 Results

    NAK25-62 Assay Results (Table 1) and Details*

    Hole From To Length Cu % Au g/t Ag g/t Mo ppm CuEq %
    NAK25-62 124 264 140 0.28 0.35 1.2 100 0.74
    Within
    NAK25-62 75 264 189 0.23 0.28 1.1 90 0.61
    And
    NAK25-62 483 701 218 0.17 0.15 0.4 49 0.37
    Within
    NAK25-62 32 827 795 0.13 0.12 0.5 51 0.30

    View Clean Cross Section l View Combined Hole Cross Section l View Hole Location

    * Copper Equivalent (CuEq) shown in Tables for drill intercepts are calculated on the basis of US$ 4.50/lb for Cu, US$ 3,375/oz for Au, US$ 60/oz for Ag and US$ 25/lb for Mo, with 80% metallurgical recoveries assumed for all metals (since it’s unclear what metals will be the principal products, assuming different recoveries is premature at this stage). The formula is: CuEq. = Cu % + (Au grade in g/t x (Au recovery / Cu recovery) x [Au price ÷ 31] / [Cu price x 2200 x 1%]) + (Ag grade in g/t x (Ag recovery / Cu recovery) x [Ag price ÷ 31] / [Cu price x 2200 x 1%] + (Mo grade in % x (Mo recovery / Cu recovery) x [Mo price] / [Cu price]). The assays have not been capped.

    NAK25-62 was collared approximately 150 m to the east of NAK25-46 and drilled steeply to the west. This hole was designed to expand the known extent of South Zone mineralization to the east of the tested zone. NAK25-62 collared into interbedded siltstone, sandstone, and conglomerate, before transitioning into a well mineralized package of sandstone at a depth of 75 m. Concordant with the Company’s modelling, mineralization, consisting of disseminated and vein hosted chalcopyrite remained strong to a depth of 264 m, where the hole transitioned to a thinly bedded, less well mineralized package of fine-grained sedimentary rock. Disseminated chalcopyrite mineralization abruptly increases in abundance below this unit, at a depth of 480 m, coinciding with a transition to the well constrained mineralized conglomerate. As the hole traversed deeper, sulfide speciation gradually shifted to pyrite/pyrrhotite dominant, bottoming in concretion-bearing fine sandstone cut by narrow mafic dyking.

    NAK25-55 Assay Results (Table 2) and Details*

    Hole From To Length Cu % Au g/t Ag g/t Mo ppm CuEq %
    NAK25-55 97 231 134 0.13 0.21 1.3 14 0.40
    And
    NAK25-55 503 808 305 0.12 0.07 0.5 60 0.23
    Within
    NAK25-55 119 884 765 0.09 0.07 0.6 40 0.21

    View Cross Section l View Hole Location

    NAK25-55 was collared approximately 150 m south-southeast of NAK25-62 and drilled steeply to the west-northwest. The hole was designed to test both near surface and deep mineralization beyond the southeastern extent of drilling in the South Zone. The hole collared into interbedded sandstone and siltstone with subordinate lenses of conglomerate, to a depth of 300 m, where the hole’s first instance of fine grained mafic intrusive was encountered. The mafic unit continued to a depth of 400 m, where the hole transitioned into sparsely feldspar phyric porphyry dyking followed by conglomerate. Conglomerate predominated to a depth of 600 m, where thin beds of sandstone were interspersed with numerous intervals of fine grained mafic intrusive rock, which remained the dominant lithology to end of hole. Mineralization in NAK25-55 consisted of sparse chalcopyrite disseminations and stringers, primarily confined to sandstone and conglomerate lithologies, with local punctuations of vein hosted bornite confined to narrow zones within the lower intercept of mafic dyking.

    NAK25-69 Assay Results (Table 3) and Details*

    Hole From To Length Cu % Au g/t Ag g/t Mo ppm CuEq %
    NAK25-69 452 582 130 0.32 0.16 1.0 175 0.62
    Within
    NAK25-69 215 624 409 0.18 0.08 0.8 77 0.33
    Within
    NAK25-69 13 787 774 0.13 0.05 0.6 62 0.23

    View Cross Section l View Hole Location

    NAK25-69 was collared from the same location as NAK25-49, and drilled steeply to the west. This hole was designed to test the southern limits of mineralization, approximately 100 m south of the stronger than anticipated mineralization encountered in NAK25-41. The hole collared into interbedded sandstone and siltstone interspersed with thin beds of conglomerate, before entering dominantly conglomerate units at a depth of 175 m. The hole remained in conglomerate, cut by numerous instances of compositionally and texturally variable porphyry dyking, to a depth of 450 m, where interbedded fine to coarse sandstone prevailed as the dominant lithology. Mineralization in NAK25-69 was characterized by broad zones of low to moderate grade, represented by sparsely distributed chalcopyrite bearing quartz-anhydrite veins and sparse chalcopyrite disseminations, punctuated by shorter intervals of stronger grade, associated with bornite and dense chalcopyrite mineralization. The strongest zones of mineralization are commonly associated with the presence of porphyry dyking, notably between 452 and 582 m, where the dykes themselves host abundant chalcopyrite and bornite disseminations.

    NAK25-72 Assay Results (Table 4) and Details*

    Hole From To Length Cu ppm Au g/t Ag g/t Mo ppm CuEq %
    NAK25-72 166 245 79 0.28 0.11 1.3 217 0.54
    And
    NAK25-72 416 570 154 0.27 0.08 1.6 72 0.42
    Within
    NAK25-72 166 621 455 0.18 0.06 1.0 72 0.31

    View Cross Section l View Hole Location

    NAK25-72 was collared from the same location as NAK25-69 and drilled shallowly to the west, designed to test westward from the encouraging mineralization encountered previously in the steeper oriented NAK25-69. The hole collared into interbedded sandstone and siltstone, transitioning to conglomerate at a depth of 75 m. Conglomerate predominated to a depth of 350 m, succeeded by fine to coarse grained sandstone for the remainder of the hole. As with NAK25-69, mineralization was characterized by broad intervals of low grade disseminated chalcopyrite, punctuated by zones of vein hosted bornite and densely disseminated chalcopyrite mineralization commonly within and enveloping porphyry dykes of variable composition. Sulfide speciation within the disseminated mineralization transitions from chalcopyrite dominant to pyrite-pyrrhotite dominant, as the hole traverses farther to the west, with local zones of chalcopyrite dominant sporadically throughout.

    NAK25-65 Assay Results (Table 5) and Details*

    Hole From To Length Cu % Au g/t Ag g/t Mo ppm CuEq %
    NAK25-65 211 339 128 0.18 0.05 0.8 23 0.26
    Within
    NAK25-65 7 575 568 0.09 0.03 0.6 20 0.15

    View Cross Section l View Hole Location

    NAK25-65 was collared approximately 120 m west-southwest of NAK25072/69, designed to test the southwestern limits of known South Zone mineralization. This hole encountered a similar association of interbedded coarse to fine sedimentary rocks, transitioning to conglomerate, and finally sandstone, as described above in NAK25-72 and 69. Similarly to NAK25-72, the best mineralization was strongly associated with narrow intervals of feldspar phyric porphyry dyking, intruding weakly mineralized sedimentary host rocks. Sulfide speciation within the sedimentary units transitions from chalcopyrite-pyrite to pyrite dominant as the hole traversed farther to the west, and consistent with drilling elsewhere at NAK, the hole was terminated when pyrite was observed to be the dominant disseminated sulfide.

    Collar details for holes in this release (table 6):

    Hole UTM_Grid UTM_East UTM_North Azimuth Inclination TD (m)
    NAK25-55 NAD83_Z9 675620 6129124 280 -75 884
    NAK25-62 NAD83_Z9 675575 6129266 265 -75 827
    NAK25-65 NAD83_Z9 675191 6129109 265 -50 575
    NAK25-69 NAD83_Z9 675297 6129153 255 -75 787
    NAK25-72 NAD83_Z9 675297 6129153 255 -55 621

    QA/QC and Sampling Protocol

    Sampling at NAK follows a rigorous methodology and internal QA/QC protocol. Drill core is halved on site, and samples are submitted to ALS Geochemistry in Langley, British Columbia for preparation and analysis. ALS is accredited to the ISO/IEC 17025 standard for assays. All analytical methods include quality control standards inserted at set frequencies. The entire sample interval is crushed and homogenized, and 250 g of the homogenized sample is pulped. All samples were analyzed for gold, silver, copper, molybdenum and a suite of 45 other major and trace elements. Analysis for gold is by fire assay fusion followed by Inductively Coupled Plasma Atomic Emission Spectroscopy (ICP-AES) on 30 g of pulp. Analysis for silver, copper, and molybdenum and all other major and trace elements are analyzed by four-acid digestion followed by Inductively Coupled Plasma Mass Spectroscopy (ICP-MS).

    Internal QA/QC protocols dictate that individual core samples are no less than 70 cm and no greater than 3 m in length. To control standard, blank, and duplicate sample frequency, and to better constrain pass/fail re-analysis intervals, samples are submitted to the lab in 50 sample batches. Within each 50-sample batch, there is one gold-copper standard and two coarse reject duplicates, inserted at regular intervals, and two blank samples, inserted sequentially following well-mineralized samples where possible, for a total of 10% QA/QC samples. All gold and copper standard analyses from the 2024 program passed within 3 standard deviations of expected values. Where duplicate values differed significantly, the lower values from the resulting re-analyses were used.

    About American Eagle’s NAK Project

    The NAK Project lies within the Babine copper-gold porphyry district of central British Columbia. It has excellent infrastructure through all-season roads and is close to the towns of Smithers, Houston, and Burns Lake, B.C., which lie along a major rail line and Provincial Highway 16. Historical drilling and geophysical, geological, and geochemical work at NAK, which began in the 1960’s, tested only to shallow depths. Still, the work revealed a very large near-surface copper-gold system that measures over 1.5 km x 1.5 km. Drilling completed by American Eagle in 2022, 2023, and 2024 returned significant intervals of high-grade copper-gold mineralization that reached beyond and much deeper than the historical drilling, indicating that zones of near-surface and deeper mineralization, locally with considerably higher grades, exist within the broader NAK property mineralizing system. Drilling is currently in progress, with over 16,500 metres drilled across 26 holes out of the planned 30,000-metre drill program. Three drills are actively operating, including one helicopter-supported hole, and expected to continue into December.

    For the latest videos from American Eagle, Ore Group, and all things mining, subscribe to our YouTube Channel: youtube.com/@theoregroup

    About American Eagle Gold Corp.

    American Eagle is dedicated to advancing its NAK copper-gold porphyry project in west-central British Columbia, Canada. The Company benefits from over $36 million in cash, bolstered by two strategic investors formed in the past two years with Teck Resources and South32. With substantial financial and technical resources, American Eagle Gold is well-positioned to drill, de-risk, and define the full potential of the NAK Copper-Gold porphyry project.

    Anthony Moreau, Chief Executive Officer

    416.644.1567
    amoreau@oregroup.ca
    www.americaneaglegold.ca

    Q.P. Statement

    Mark Bradley, B.Sc., M.Sc., P.Geo., a Certified Professional Geologist and independent ‘qualified person’ for the purposes of Canada’s National Instrument 43-101 Standards of Disclosure for Mineral Properties, has verified and approved the information contained in this news release.

    Forward-Looking Statements

    Certain information in this press release may contain forward-looking statements. Forward-looking statements in this press release include, but are not limited to: including statements relating to the use of proceeds of the Offering, the tax treatment of the Charity FT Shares, the receipt of all necessary regulatory approvals in connection with the Offering, the 2025 drill program or its anticipated results at the Company’s NAK project, the ability of the Company to make the Qualifying Expenditures as anticipated by management, and other matters ancillary or incidental to the foregoing. This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Therefore, actual results might differ materially from those suggested in forward-looking statements. American Eagle Gold Corp. assumes no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those reflected in the forward-looking statements unless and until required by securities laws applicable to American Eagle Gold Corp. Additional information identifying risks and uncertainties is contained in filings by American Eagle Gold Corp. with Canadian securities regulators, which filings are available under American Eagle Gold Corp. profile at www.sedarplus.ca.

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

    Source

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    (TheNewswire)

    Angkor Resources Corp.

    GRANDE PRAIRIE, ALBERTA TheNewswire – (January 15, 2026): Angkor Resources Corp. (TSXV: ANK,OTC:ANKOF) (‘ANGKOR’ OR ‘THE COMPANY’) announces additional exploration to begin on its latest gold target, CZ Gold on the west side of the Canada Wall prospect on the Andong Meas exploration license in Ratanakiri Province, Cambodia.

    The CZ Gold Prospect announced previously – (see Angkor Resources IDENTIFIES GOLD PROSPECT ON ANDONG MEAS LICENSE, CAMBODIA – Angkor Resources Corp.), sits atop a steep hill that has a 47-metre underground incline from the exit to the entrance, with multiple shallow channel samples from underground workings of artisanal miners. The creek directly below the area, described on the map below as ‘Gold Placer-Mined Creek Draining CZ Zone’, has been mined over the past rainy season and panned for 150 metres along both sides of the stream, creating a landscape of pits and piles in the creek bed draining away from CZ Gold.


    Click Image To View Full Size

    Figure 1 Angkor staff survey the creek bed area after artisanal miners through rainy season in the zone at the base of CZ Gold Prospect

    Angkor’s mineral exploration team is initiating a large trenching, sampling, assay and analysis program running roughly perpendicular across the projected incline to surface, starting at the top of the exit area. The trench is expected to be 80 metres long and several weeks are budgeted in the timeline. Farmers are compensated for any loss or damage of cashew trees or other plantings and use of surface land.

    The purpose of the trenching will be to determine the geology and structure of the stockwork and its wall rocks.

    The google map below indicates the planned trenching target area shown in orange.


    Click Image To View Full Size

    In addition to the exploration planned for the CZ Zone, plans are also underway to conduct a drill program on the Wild Boar gold prospect, an area located 3 kilometers east of the CZ target. Trenching and sampling at the Wild Boar area has led to the discovery of narrow northwest trending southwest dipping quartz veins. In the area where artisanal miners have in the past mined the upper 1.5 meters of soil, trenching has revealed an abundance of quartz vein float sitting on top of the weathered soil. The assays from the abundant quartz vein float (see Assays Returns 25.6 gpt Gold in Wild Boar Veins – Angkor Resources Corp) have expanded the gold anomaly to 1.5 by 1.2 kilometres.

    QUALIFIED PERSON:

    Dennis Ouellette, B.Sc., P.Geo., is a member of The Association of Professional Engineers and Geoscientists of Alberta (APEGA #104257) and a Qualified Person as defined by National Instrument 43-101 (‘NI 43-101’). He is the Company’s VP Exploration on site and has reviewed and approved the technical disclosure in this document.

    ABOUT Angkor Resources CORPORATION:

    Angkor Resources Corp. is a public company, listed on the TSX-Venture Exchange, and is a leading resource optimizer in Cambodia working towards mineral and energy solutions across Canada and Cambodia.

    The company’s mineral subsidiary, Angkor Gold Corp. in Cambodia holds two mineral exploration licenses in Cambodia with multiple prospects in copper and gold. Both licenses are in their first two-year renewal term.

    Its Cambodian energy subsidiary, EnerCam Resources Cambodia Co. Ltd., was granted an onshore oil and gas license of 7300 square kilometres in the southwest quadrant of Cambodia called Block VIII. The company then removed all parks and protected areas and added 220 square kilometres, making the license area just over 4095 square kilometres. EnerCam is actively advancing oil and gas exploration activities onshore to meet its mission to prove Cambodia as an oil and gas producing Nation.

    Since 2022, Angkor’s Canadian subsidiary, EnerCam Exploration Ltd., has been involved in oil and gas production in Saskatchewan, Canada with measures of gas capture to reduce emissions. ANGKOR’s carbon capture and gas conservation project is part of its long-term commitment to Environmental and Social projects and cleaner energy solutions across jurisdictions.

    CONTACT: Delayne Weeks – CEO

    Email:- info@angkorresources.com Website: angkorresources.com

    Telephone: +1 (780) 831-8722

    Please follow @AngkorResources on , , , Instagram and .

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

    _____________________________________

    Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including, but not limited to the potential for gold and/or other minerals at any of the Company’s properties, the prospective nature of any claims comprising the Company’s property interests, the impact of general economic conditions, industry conditions, dependence upon regulatory approvals, uncertainty of sample results, timing and results of future exploration, and the availability of financing.

    Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.

    Copyright (c) 2026 TheNewswire – All rights reserved.

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    Combined Company, ‘Copper Intelligence’ to become the first stand-alone Democratic Republic of Congo (DRC) company to be publicly traded in the United States.

    African Discovery Group (OTC:AFDG) (‘AFDG’ or the ‘Company’) announced today that shareholders have approved the Company’s pending merger with Butembo Copper Exploration license in the DRC to acquire 100% of the shares of SOCIETE GRABIN MINING SAS (the ‘Transaction’). Subject to the completion of the closing, the stock-based transaction will create a dedicated copper exploration company, with a focus on creating value around Africa and DRC specifically focused on under-explored basins of copper.

    ‘We are proud to have delivered this compelling opportunity for shareholders, and are confident in our ability as a combined company, to participate in a substantial buildout of copper on a global scale,’ said Alan Kessler, the outgoing Chairman and CEO of African Discovery Group. ‘According to Rio Tinto, African deposits make up eight out of the ten highest grade copper deposits discovered since 1990 globally. DRC’s copper production itself is among the largest in the world, with the DRC itself concentrating 65% of newly announced copper reserves identified worldwide, according to S&P Global Market Intelligence. Because of the resolution of numerous geopolitical differences precluding this development previously in the DRC, the Trump administration has paved the way for this commercialization process.’

    He added, ‘We are confident the copper demand environment between grid modernization, data usage, electronic vehicles, and telecommunications, rural electrification of India, Artificial Intelligence infrastructure, next generation defense systems to name a few, will continue to put broad demand-based pressure on global supply.  A favorable environment for the commodity has additionally been augmented by the strategic mineral designation of Copper by the US government, as well as recent mega mergers of Copper producers.  Under the leadership of Andrew Groves and Aldo Cesano, who have spent their careers developing mining projects in the DRC and the region, we look forward to their buildout of this pioneering African company.’

    The transaction is expected to close imminently, subject to the satisfaction or waiver of customary closing conditions. When completed, the Merger will result in the combined company becoming the first stand-alone DRC company to be publicly traded in the United States.

    EAS Advisors LLC have acted as the corporate advisor for the Company on the Transaction.

    Click here to continue reading.

    Media Contact:
    www.copperintelligence.com
    Maxine Gordon
    mg@africandiscoverygroup.com
    (917) 478-0406

     

    Cision View original content:https://www.prnewswire.com/news-releases/african-discovery-group-announces-shareholder-approval-of-butembo-merger-agreement-302662498.html

    SOURCE African Discovery Group

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    This post appeared first on investingnews.com

    Global sustainability strategies are entering a more politically complex phase in 2026 as governments and companies balance immediate economic pressures against long-term climate risks, according to S&P Global’s latest outlook on sustainability trends.

    S&P Global said sustainability decision-making in 2026 will be shaped by a growing tension between near-term priorities (energy security, affordability, geopolitical risk) and longer-term realities (climate adaptation, decarbonization, resource constraints).

    The result is a world moving away from multilateral coordination toward a patchwork of national and regional responses.

    Regulatory fatigue reshapes supply chains, critical minerals take center stage

    Trade tensions, protectionist policies, and political fatigue around sustainability regulation are pushing climate and human rights risks in supply chains out of the spotlight.

    S&P Global notes that as regulatory momentum slows in some jurisdictions, companies may increasingly need to treat climate exposure as a core risk management issue rather than a compliance exercise.

    The European Union (EU) remains a key exception, though its policy direction is evolving. While the bloc has introduced far-reaching disclosure and due diligence rules, it is also simplifying parts of its regulatory framework.

    Meanwhile, the EU’s carbon border adjustment mechanism (CBAM), which took full effect on January 1, is expected to add at least US$15 billion in costs to imports from carbon-intensive producers, potentially reshaping global trade flows.

    Furthermore, the firm said critical minerals will sit at the center of these dynamics in 2026.

    Materials such as copper, lithium, and rare earths underpin electrification, clean energy deployment, and AI infrastructure, making access to them a central feature of trade diplomacy and investment.

    China is expected to retain its lead in cleantech manufacturing, reinforcing its role as both a key supplier and a strategic risk for countries pursuing energy transitions.

    Energy policy diverges as fossil fuels rebound, renewables expand

    Another aspect of fragmentation is most visible in energy policy, where global fossil fuel demand rebounded faster than many policymakers expected after the pandemic and is projected to continue growing modestly.

    In contrast, renewable energy remains the fastest-growing segment, though from a smaller base. S&P Global Energy estimates that fossil fuel demand will rise by less than 1 percent in 2026 compared with 2025, while solar and wind generation are expected to grow by more than 17 percent.

    Similarly, the divergence between the world’s two largest economies is particularly stark. The US has prioritized expanding fossil fuel exports, while China continues to invest heavily across clean energy supply chains such as solar manufacturing and electric vehicles.

    The report said that this same divergence leaves many countries navigating trade-offs between supply security and dependence. China continues to maintain a dominant position in clean energy technologies and has demonstrated its willingness to use export controls on strategic materials such as rare earths.

    Despite continued growth in renewables, S&P Global expects 2026 to mark the first year-over-year decline in global solar capacity additions, driven largely by a slowdown in China. While overall renewable capacity will still expand, analysts said the period of uninterrupted growth is ending.

    At the same time, increasing renewable penetration is pushing wholesale power prices lower in some markets while accelerating demand for battery storage and more flexible power purchase agreements.

    AI adds new strain to power systems

    Artificial intelligence is adding further strain to energy systems. The rapid expansion of AI-driven data centers is driving electricity demand sharply higher, complicating sustainability targets for both governments and corporations.

    S&P Global estimates that data center power consumption could exceed 2,200 terawatt-hours by 2030, roughly equivalent to India’s current electricity use. Grid constraints, rising power prices in some regions, and growing water stress are emerging as political and social flashpoints, particularly in parts of the US.

    While major technology companies have made high-profile net-zero commitments, the report’s data shows that sustainability ambition across the data center sector remains uneven.

    According to the firm’s 2024 Corporate Sustainability Assessment, 38 percent of assessed companies with data center operations do not have a net-zero target.

    Analysts warned that rising AI-related energy demand may lead to increased fossil fuel use in the near term, with some regions delaying planned coal and gas plant retirements to maintain grid reliability.

    Climate adaptation gains priority

    The implications of rapid energy shifts also mean that climate adaptation and resilience are gaining prominence.

    S&P Global said governments and investors increasingly recognize that the world is likely to overshoot the Paris Agreement’s 1.5-degree Celsius warming goal, making adaptation unavoidable.

    Global economic losses from natural disasters reached US$320 billion in 2024, according to Munich Re, while United Nations (UN) data suggests the number of natural disasters could rise by 40 percent by 2030 without stronger mitigation.

    Therefore, investment in adaptation is emerging as a major opportunity as well as a necessity. Singapore sovereign wealth fund GIC, for instance, estimates that adaptation and resilience investments could total US$9 trillion by 2050. That theme featured prominently at Climate Week NYC in 2025 and at COP30, where governments agreed to triple public adaptation finance by 2035 from 2025 levels.

    Taken altogether, S&P Global’s outlook points to a sustainability landscape that is less coordinated but no less consequential.

    While global consensus is weakening, pressures from various sectors are forcing governments and companies to make increasingly difficult trade-offs as they chart their paths through 2026.

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

    This post appeared first on investingnews.com

    Highlights:  

    • New Zone at Tamarack 1.28 g/t Au over 49.3m400m to the east
    • Cleary Zone 0.91 g/t Au over 150.9m – zone broadening at depth

    The width refers to drill hole intercepts; true width cannot be determined due to the uncertain geometry of mineralization

    Freegold Ventures Limited (‘Freegold’) (TSX: FVL,OTC:FGOVF) (OTCQX: FGOVF) is pleased to announce the successful identification of a new mineralized area at its Golden Summit project, the Tamarack Zone.

    Freegold Logo (CNW Group/Freegold Ventures Limited)

    The Tamarack Zone is situated approximately 400 metres east of the Cleary Zone, extending the mineralized footprint at Golden Summit. As part of Freegold’s ongoing efforts to identify additional mineralization adjacent to the primary resource area, four drill holes were completed in the Tamarack Zone. This initiative is designed to evaluate the project’s exploration potential further and delineate the extent of mineralization. The identification of the Tamarack Zone marks a significant advancement in expanding the eastern boundaries of Golden Summit’s mineralized area. This discovery highlights Freegold’s continued success in growing the mineralized footprint at Golden Summit. The new Tamarack Zone demonstrates both grade and width comparable to previous intercepts in the resource area, suggesting the potential for a significant new mineral resource area immediately to the east.

    The first hole in the Tamarack Zone, GS2536, was collared nearly 400 metres east of one of the easternmost holes in the Cleary Zone (GS2532) and intersected 1.28 g/t gold over 49.2 metres. Freegold is highly encouraged by these initial results. Assays for the remaining three holes in this new zone are pending: GS2540, GS2545, and GS2551. Freegold has planned additional drilling for 2026, targeting the area between Cleary and Tamarack, which contains substantial infill potential in previously untested areas.

    Hole

    Depth (m)

    Dip (°)

    Azimuth
    (°)

    From (m)

    To (m)

    Interval
    (m)

    Au (g/t)

    GS2536

    483.3

    -70

    330

    103.4

    113.0

    9.6

    0.88

    279.5

    281.7

    2.2

    23.1

    362.0

    411.2

    49.2

    1.28

    452.0

    473.9

    21.9

    0.71

    The width refers to drill hole intercepts; true width cannot be determined due to the uncertain geometry of mineralization

    Cleary Zone – GS2532 ~ 400m west of GS2536

    Hole

    Depth (m)

    Dip (°)

    Azimuth (°)

    From (m)

    To (m)

    Interval
    (m)

    Au (g/t)

    GS2532

    785.5

    -75

    360

    389.2

    395.3

    6.1

    24.9

    529.4

    680.3

    150.9

    0.91

    width refers to drill hole intercepts; true width cannot be determined due to the uncertain geometry of mineralization

    The easternmost drill hole in the Cleary Zone, GS2532, was directed north to assess the down-dip continuity of the Cleary Vein system along its eastern edge. Known for high-grade, narrow, and discontinuous veins at shallower depths, Freegold’s exploration is focusing on the potential for wider mineralized zones at depth. Drill hole GS2532 intersected a broad zone of 0.91 g/t gold over 150.9 meters, further validating the current exploration model and provided significant infill data for the upcoming resource update and pre-feasibility study (PFS).  (Section 479950E).

    Drilling was completed in mid-December, with 62 holes drilled. Analytical work, cutting and sampling of the remaining drill holes, is ongoing, and further results will be reported once they have been received and validated.

    Drilling is planned to re-commence in February, beginning with an initial 50,000-meter program. Comprehensive metallurgical studies and an extensive infill drilling campaign will continue to support ongoing resource modelling and the pre-feasibility study (‘PFS’). These efforts are underpinned by a highly successful equity financing round that attracted participation from over 20 institutions and secured capital for continued exploration beyond the main resource area and for completing the PFS.

    About Golden Summit:
    Since 2020, the Golden Summit Project has become one of North America’s largest undeveloped gold resources. The significant increase in resource ounces and grade is the result of targeted drilling campaigns from 2020 to 2024 (over 130,000 meters), ongoing improvements to geological models, and a better understanding of mineralization controls. Ongoing drilling has continued to delineate zones of higher-grade mineralization and to convert previously considered waste areas into potentially economically viable mineralized zones. Continued westward expansion has led to the discovery of new, higher-grade zones, increasing both indicated gold resources and grades. Positive metallurgical test results have also advanced the project, with recovery rates exceeding 90% achieved using sulphide-oxidizing techniques, including BIOX®, POX, and the Albion Process™.  Recent test work has also included the GlassLock Process™, which demonstrated that the gold grade of the concentrate can be increased with no measurable gold loss, and that a direct-to-smelter saleable concentrate can be produced while significantly lowering the arsenic content.  

    As of July 2025, the current 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 gold price of $2,490.  Cutting, sampling, and analytical work remain ongoing. Drilling is expected to resume in February. Results from the drill programs are expected provide the basis for an updated mineral resource estimate, which will support the upcoming Pre-Feasibility Study (PFS).

    Links to the Plan Map and Section 479950E
    https://freegoldventures.com/site/assets/files/6287/section-479950e.pdf
    https://freegoldventures.com/site/assets/files/6287/nr-2025-drilling-20260113.pdf

    HQ Core is logged, photographed and cut in half using a diamond saw, and 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 analysed 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 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 ALS method ME-ICP61 (34-element, four-acid ICP-AES).

    A QA/QC program includes laboratory and field standards inserted 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

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    Aterian Plc (AIM: ATN), the Africa-focused critical metals exploration company, is pleased to announce encouraging results from an independent geophysical study completed over Prospecting Licence PL265/2025 (‘Licence’) in the Kalahari Copperbelt (‘KCB’), in the Republic of Botswana (‘Botswana’). The Licence is wholly owned by Atlantis Metals (Pty) Ltd, in which Aterian has a 90% interest. The award of the Licence was previously announced on 15 December 2025.

    The study confirms that PL265/2025 is located within a proven, world-class copper-silver district, directly along strike from operating and advanced deposits in the Kalahari Copperbelt, including Sandfire Resources’ Motheo Mine. Importantly, the work has identified multiple priority targets that materially enhance the potential scale, quality, and future value of the Licence.

    With copper prices strengthening on the back of accelerating electrification, energy-transition demand, and constrained new supply, the Board believes the KCB represents one of the most attractive global jurisdictions for long-term copper exposure and value creation.

    Highlights

    • Three priority target areas on the Licence have been designated as critical for follow-up exploration and drill targeting.
    • Interpretation of airborne magnetic data identifies multiple sub-parallel ENE-WSW trending thrust structures and associated folding, considered favourable for copper mineralisation targeting.
    • Structural interpretation indicates truncation of Lower D’Kar Formation sediments against basement units, a recognised geological setting for copper deposits in the region.
    • Historical copper-in-soil anomalies exceeding 18 ppm Cu coincide with key thrust structures.
    • Legacy airborne EM data highlights near-surface conductive horizons, interpreted as carbonaceous units of the Lower D’Kar Formation.
    • Licence located approximately 60 km south of the Motheo copper mine, along strike of the Kalahari Copperbelt.

    Interpretation

    Figure 1. Regional airborne magnetics First Vertical Derivative of TMI. Hot colours (yellow to red) designate magnetic highs and cool colours (below green) designate magnetic lows. Interpreted target areas in white circles.

    Target Area A.

    There is a tight folding structure in the inferred D’Kar formation, truncating against the southernmost thrust. The area around the intersection of the tight fold and the thrust could be prospective for chalcocite-dominated copper sulphides.

    Target Areas B and C.

    The copper-in-soil geochemical anomalies cluster along the northernmost thrust.

    Charles Bray, Chief Executive Officer of Aterian plc, commented:

    ‘We are very encouraged by the results of the independent geophysical study over Prospecting Licence PL265/2025 in the Kalahari Copperbelt. The study confirms that the licence lies within a proven copper-silver district, approximately 60 kilometres south of Sandfire Resources’ Motheo mine, and identifies a compelling coincidence of favourable structures, copper-in-soil anomalies and conductive stratigraphic units that are known to host copper mineralisation elsewhere in the belt.

    The delineation of three priority target areas provides a clear and focused pathway for follow-up exploration and materially reduces early-stage technical risk. The Board believes these results significantly strengthen the investment case for the project and justify advancing to the next phase of systematic exploration. PL265/2025 represents a high-quality opportunity in a stable, mining-friendly jurisdiction and aligns well with the Company’s strategy of building meaningful exposure to prospective copper assets, especially given the backdrop of rising critical metal prices.’

    Planned Exploration

    Based on the study’s recommendations, the Company is planning a first-phase exploration programme comprising detailed ground or drone-based magnetic surveys across the three target areas, followed by targeted electromagnetic surveys to delineate conductive horizons and refine future drill targets.

    Further updates will be provided as exploration planning progresses.

    This announcement contains information which, prior to its disclosure, was inside information as stipulated under Regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310 (as amended).

    Engage directly with the Aterian PLC management team by asking questions, watching video summaries, and seeing what other shareholders have to say. Please navigate to our interactive investor hub here: https://aterianplc.com/s/fcf8eb

    For further information, please contact:

    Investor questions on this announcement

    We encourage all investors to share questions

    on this announcement via our investor hub

    https://aterianplc.com/s/fcf8eb

    Aterian Plc:

    Charles Bray, Executive Chairman – charles.bray@aterianplc.com
    Simon Rollason, Director – simon.rollason@aterianplc.com

    Financial Adviser and Joint Broker:
    AlbR Capital Limited
    David Coffman / Dan Harris
    Colin Rowbury
    Tel: +44 (0)207 7469 0930

    Joint Broker:
    SP Angel Corporate Finance LLP
    Ewan Leggat / Adam Cowl
    Tel: +44 20 3470 0470

    Financial PR:

    Bald Voodoo – ben@baldvoodoo.com
    Ben Kilbey
    Tel: +44 (0)7811 209 344

    Subscribe to our news alert service: https://atn-l.investorhub.com/auth/signup

    Notes to Editors:

    About Aterian plc

    www.aterianplc.com

    Aterian plc is an LSE-listed exploration and development company with a diversified African portfolio of critical metals projects.

    Aterian plc is actively seeking to acquire and develop new critical metal resources to strengthen its existing asset base while supporting ethical and sustainable supply chains as the world transitions to a sustainable, renewable future. The supply of these metals is vital for developing the renewable energy, automotive, and electronic manufacturing sectors, which are increasingly important in reducing carbon emissions and meeting global climate ambitions.

    Aterian has a portfolio of multiple copper-silver (+ gold) and base metal projects in Morocco. Aterian holds a 90% interest in Atlantis Metals, a private Botswana-registered company holding eleven mineral prospecting licences for copper-silver in the world-renowned Kalahari Copperbelt and three for lithium brine exploration in the Makgadikgadi Pans region. The Company also holds an exploration licence in southern Rwanda, where it is evaluating the tantalum and niobium opportunity, in addition to further exploring for pegmatite-hosted lithium.

    The Company’s strategy is to seek new exploration and production opportunities across the African continent and to develop new sources of critical mineral assets for exploration, development, and trading.

    Source

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    As global regulatory scrutiny intensifies and blockchain surveillance expands, privacy coins are gaining traction for their ability to enhance user anonymity and transaction confidentiality.

    While traditional cryptocurrencies like Bitcoin operate on transparent, public ledgers where users’ transaction history is traceable, privacy coins, a specialized segment of the crypto market, use advanced cryptographic techniques to obscure key details such as sender and recipient addresses, transaction amounts and wallet balances.

    In the first weeks of 2026, this sector has made a mainstream shift, with the total market capitalization for privacy-focused assets surpassing US$24 billion, according to a widely circulated report by crypto researcher Stacy Muur.

    This rapid appreciation highlights a growing tension between the fundamental right to financial privacy and the burgeoning regulatory mandates represented by the US Senate’s upcoming market structure markups.

    What are the core technologies of anonymity?

    Privacy coins employ various cryptographic obfuscation layers to achieve their goals:

    • Ring signatures mix a user’s transaction with multiple decoys, making it statistically difficult to determine which participant actually initiated the transfer.
    • Stealth addresses are randomized, one-time destination addresses generated for every transaction, preventing public wallet addresses from appearing on the blockchain and linking back to the recipient.
    • Zero-knowledge proofs allow one party to prove a statement is true without revealing any information beyond the validity of the statement itself, effectively proving a transaction is valid without showing who sent it or how much was transferred.
    • Ring Confidential Transactions (RingCTs) obscure the transaction amount by using a mathematical scheme called Pedersen Commitments to prove that the sum of the inputs in a transaction equals the sum of the outputs without revealing the specific numerical values of the transaction.
    • Dandelion++ (network-level obfuscation) protects metadata, preventing an observer from linking a transaction to a specific IP address. It uses a two phase broadcast method, passing transactions privately between a small number of nodes before broadcasting them to the wider network.

    Key privacy coin players: Monero and Zcash

    The privacy coin market is largely bifurcated into mandatory and optional privacy models.

    Monero (XMR), launched in April 2014, is widely considered the gold standard for privacy because it enforces anonymity by default. Every transaction automatically obscures the sender, recipient and amount using ring signatures, stealth addresses and RingCTs. This uniform approach minimizes metadata leakage, but has made Monero a target for regulators, leading to its delisting from many major Western-regulated exchanges.

    Monero reached a new all-time high in early 2026, surging 81 percent in the past week to trade at US$790.91. Its market capitalization currently stands at over US$14 billion.

    Zcash (ZEC) offers a more flexible, opt-in privacy model, allowing users to choose between transparent transactions that are publicly viewable and shielded transactions, which are completely private.

    Going live in October 2016, Zcash is built on the Bitcoin algorithm, but utilizes zk-SNARKs for its shielded pools, creating a type of zero-knowledge proof that functions as a cryptographic shield, allowing one party to prove they possess certain information without actually revealing that information.

    This flexibility has made it more institutionally palatable as regulatory heat intensifies on Monero, since it allows for selective disclosure to auditors while still offering high-level privacy for those who need it. In a January 14 notice, the Zcash Foundation said the US Securities and Exchange Commission had concluded a review that began in 2023 over a “matter of certain crypto asset offerings” and would not recommend enforcement actions or changes.

    Zcash experienced a supply shock following the removal of the Founder’s Tax in late 2025. The tax was a funding mechanism built into the Zcash protocol at its launch that sent 20 percent of all newly mined Zcash to the project’s founders, investors and the Electric Coin Company instead of the miners.

    Zcash hit a multi-year high in the US$600+ range in November 2025, a gain of over 1,000 percent from its cycle lows; however, since that peak, Zcash has cooled off, consolidating in a range between US$400 and US$450.

    Crypto regulatory and tax realities in 2026

    As of early 2026, the US Internal Revenue Service (IRS) had modernized its oversight of the crypto sector through Form 1099-DA, which requires custodial brokers to report digital asset proceeds.

    While these rules apply broadly to property like cryptocurrencies, privacy coins present a unique challenge for compliance. The IRS continues to treat all cryptocurrencies as property, meaning that even if a transaction is obscured, the underlying capital gain or ordinary income remains taxable. While the IRS focuses on tax transparency, a new legislative push is seeking to grant the government proactive control over the network itself.

    Senator Tim Scott (R-SC), chair of the Senate Banking Committee, announced a markup of the Responsible Financial Innovation Act, the Senate version of crypto market structure legislation, on Monday (January 12).

    Formally called the Digital Asset Market CLARITY Act, the bill was developed from the Responsible Financial Innovation Act, and is scheduled for a markup on January 15.

    Meanwhile, Senator John Boozman (R-AR) is planning a similar markup in the Senate Agriculture Committee. While often a routine step, this session is a high-stakes attempt to resolve jurisdictional disputes between the SEC and CFTC and secure a bipartisan consensus between the two parties.

    On January 12, Boozman officially postponed his committee’s markup to January 27 in order to finalize bipartisan negotiations with Senator Cory Booker (D-NJ). Text is due to be released on January 21.

    Boozman said the compressed schedule is designed to balance transparency with momentum as Congress looks to reduce regulatory uncertainty that has long plagued the sector.

    In a recent report, Alex Thorn, head of firm-wide research at crypto and digital assets firm Galaxy Digital (NASDAQ:GLXY), warns that the draft of Scott’s bill contains language that would expand US financial surveillance powers by granting the US Department of the Treasury an expansion of “special measure” authority over digital assets and a statutory framework, allowing transaction holds without a court order.

    If the measures were to become law, it would “represent the single largest expansion to financial surveillance authorities since the 2021 PATRIOT Act,” he argued. This could boost the appeal of privacy-preserving tokens.

    Investor takeaway

    Ultimately, the future of privacy coins will be determined by the ongoing legislative battle between fundamental financial anonymity and the accelerating global mandate for digital asset transparency and surveillance.

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

    This post appeared first on investingnews.com

    Golconda Gold Ltd. (‘Golconda Gold’ or the ‘Company’) (TSX-V: GG; OTCQB: GGGOF) is pleased to announce production of 3,455 ounces of gold for the fourth quarter of 2025 (‘Q4 2025’) and 13,020 ounces of gold for the year ended December 31, 2025 (‘FY 2025’) at its Galaxy Gold Mine (‘Galaxy’), a 69% increase in gold production compared to the year ended December 31, 2024 (‘FY 2024’).

    The production numbers for FY 2025 are as follows:

    Mining     Q1
    2025
    Q2
    2025
    Q3
    2025
    Q4
    2025
    FY
    2025
    FY
    2024
    Princeton Ore Mined (t) 8,472 12,346 22,303 16,307 59,428 25,212
    Ore Grade (g/t) 3.50 4.63 3.39 4.18 3.88 3.73
    Waste (t) 4,906 11,317 11,037 12,367 39,627 24,236
    Galaxy Ore Mined (t) 18,899 19,135 18,200 19,766 76,000 62,483
    Ore Grade (g/t) 3.46 3.06 3.22 2.81 3.13 2.95
    Waste (t) 8,905 10,410 7,253 5,318 31,886 42,541
    Total Ore Mined (t) 27,371 31,481 40,503 36,073 135,428 87,695
    Ore Grade (g/t) 3.47 3.67 3.31 3.43 3.46 3.18
    Waste (t) 13,811 21,727 18,290 17,685 71,513 66,777

    Processing     Q1
    2025
    Q2
    2025
    Q3
    2025
    Q4
    2025
    FY
    2025
    FY
    2024
    Concentrate produced   (t) 2,281 2,480 3,229 3,299 11,289 6,661
    Concentrate grade   (g/t) 40.2 38.0 34.6 32.6 35.9 36.0
    Gold produced   (oz) 2,947 3,030 3,588 3,455 13,020 7,712
                     

    Year ended December 31, 2025 Highlights

    Mining

    • mined 135,428 tonnes of ore from its Galaxy and Princeton ore bodies, with an average grade of 3.46 g/t in FY 2025 compared to 87,695 tonnes at 3.18 g/t in FY 2024, an increase of 54% in ore tonnes mined year on year at a 9% higher grade;
    • established stoping at a new mining area, Princeton Top, in Q2 2025, contributing 16,477 tonnes of ore at a grade of 3.03 g/t during FY 2025;
    • completed the refurbishment of the sub-vertical shaft and associated infrastructure on Galaxy 26 and 27 levels, with the first ore development blast occurring in December 2025;
    • increased the size of the mining fleet, with the addition of one new drill rig, three LHD’s and two dump trucks during FY 2025; and
    • ended Q4 2025 with 6,410 tonnes of stockpiled ore on surface and underground at an average grade of 3.21 g/t, representing approximately 660 ounces of contained gold that is expected to be processed in the first quarter of 2026(1).

    Processing

    • produced 11,289 tonnes of concentrate at an average grade of 35.9 g/t containing 13,020 ounces of gold in FY 2025 compared to 6,661 tonnes at 36.0 g/t containing 7,712 ounces of gold in FY 2024, an increase of 69% in gold production year on year; and

    Golconda Gold CEO, Ravi Sood, commented: ‘2025 was a transformational year for Galaxy and Golconda Gold. In line with the Company’s development plan, two historic mining areas were re-established during the year, Princeton Top and Galaxy 26/27 levels, which along with significant investment in mining equipment from both a capital and preventative maintenance perspective enabled gold production to increase 69% compared to 2024. This significant increase in production, combined with the material increase in realised gold price during 2025 has enabled the Company to invest further in the Galaxy development plan and sustainable future production growth while also significantly improving the Company’s balance sheet and working capital position. We are confident that our investments will continue to result in increasing production at Galaxy.’(1)

    About Golconda Gold

    Golconda Gold is an un-hedged gold producer and explorer with mining operations and exploration tenements in South Africa and New Mexico. Golconda Gold is a public company and its shares are quoted on the TSX Venture Exchange under the symbol ‘GG’ and the OTCQB under the symbol ‘GGGOF’. Golconda Gold’s management team is comprised of senior mining professionals with extensive experience in managing mining and processing operations and large-scale exploration programmes. Golconda Gold is committed to operating at the highest standards, focused on the safety of its employees, respecting the environment, and contributing to the communities in which it operates.

    Note:

         (1)     This is forward-looking information and is based on a number of assumptions. See ‘Cautionary Notes’.

    Cautionary Notes

    Certain statements contained in this press release constitute ‘forward-looking statements’. All statements other than statements of historical fact contained in this press release, including, without limitation, those statements regarding the Company’s intention to process the stockpiled ore in the first quarter of 2026, the Company’s expectation that its investments will result in increasing production at Galaxy, and the Company’s future financial position and results of operations, strategy, proposed acquisitions, plans, objectives, goals and targets, and any statements preceded by, followed by or that include the words ‘believe’, ‘expect’, ‘aim’, ‘intend’, ‘plan’, ‘continue’, ‘will’, ‘may’, ‘would’, ‘anticipate’, ‘estimate’, ‘forecast’, ‘predict’, ‘project’, ‘seek’, ‘should’ or similar expressions or the negative thereof, are forward-looking statements. These statements are not historical facts but instead represent only the Company’s expectations, estimates and projections regarding future events. These statements are not guarantees of future performance and involve assumptions, risks and uncertainties that are difficult to predict. Therefore, actual results may differ materially from what is expressed, implied or forecasted in such forward-looking statements.

    Additional factors that could cause actual results, performance or achievements to differ materially include, but are not limited to the risk factors discussed in the Company’s management’s discussion and analysis for the year ended December 31, 2024. Management provides forward-looking statements because it believes they provide useful information to investors when considering their investment objectives and cautions investors not to place undue reliance on forward-looking information. Consequently, all of the forward-looking statements made in this press release are qualified by these cautionary statements and other cautionary statements or factors contained herein, and there can be no assurance that the actual results or developments will be realized or, even if substantially realized, that they will have the expected consequences to, or effects on, the Company. These forward-looking statements are made as of the date of this press release and the Company assumes no obligation to update or revise them to reflect subsequent information, events or circumstances or otherwise, except as required by law.

    Information of a technical and scientific nature that forms the basis of the disclosure in the press release has been approved by Kevin Crossling Pr. Sci. Nat., MAusIMM. Geological Consultant for Golconda Gold, and a ‘qualified person’ as defined by National Instrument 43-101. Mr. Crossling has verified the technical and scientific data disclosed herein and has conducted appropriate verification on the underlying data.

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

    For further information please contact:
    Ravi Sood
    CEO, Golconda Gold Ltd.
    +1 (647) 987-7663
    ravi@golcondagold.com
    www.golcondagold.com

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