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Empire Metals Limited (AIM: EEE, OTCQX: EPMLF), announces that Greg Kuenzel (Finance Director) will present live at the Precious Metals & Critical Minerals Virtual Day Conference in partnership with OTC Markets and hosted by VirtualInvestorConferences.com, on December 4 th at 9am ET.

The presentation is open to all existing and potential shareholders, with a focus on investors in North America. This will be a live, interactive online event where participants are invited to ask the Company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.

Investors can sign up to the event via this link: REGISTER HERE

Please note it is recommended that online investors pre-register and run the online system check to expedite participation and receive event updates.

The Company will also be available for one-to-one meetings on December 2 nd , 8am–11am ET. To schedule a meeting, please follow the link here .

Learn more about the event at www.virtualinvestorconferences.com .

For further information please visit www.empiremetals.com or contact:

Empire Metals Ltd
Shaun Bunn / Greg Kuenzel / Arabella Burwell
Tel: 020 4583 1440
S. P. Angel Corporate Finance LLP (Nomad & Joint Broker)
Ewan Leggat / Adam Cowl
Tel: 020 3470 0470
Canaccord Genuity Limited (Joint Broker)
James Asensio / Christian Calabrese / Charlie Hammond
Tel: 020 7523 8000
Shard Capital Partners LLP (Joint Broker)
Damon Heath
Tel: 020 7186 9950
Tavistock (Financial PR)
Emily Moss / Josephine Clerkin
empiremetals@tavistock.co.uk
Tel: 020 7920 3150


About Empire Metals Limited

Empire Metals Ltd (AIM: EEE and OTCQX: EPMLF) is an exploration and resource development company focused on the rapid commercialisation of the Pitfield Titanium Project, located in Western Australia. The titanium discovery at Pitfield is of unprecedented scale and hosts one of the largest and highest-grade titanium resources reported globally, with a Mineral Resource Estimate (MRE) totalling 2.2 billion tonnes grading 5.1% TiO₂ for 113 million tonnes of contained TiO₂.

The MRE, which covers only the Thomas and Cosgrove deposits, includes a weathered zone resource of 1.26 billion tonnes at 5.2% TiO₂ and a significant Indicated Resource of 697 million tonnes at 5.3% TiO₂, predominantly from the Thomas deposit. Titanium mineralisation at Pitfield occurs from surface and displays exceptional grade continuity along strike and down dip. The MRE extends across just 20% of the known mineralised footprint, providing substantial potential for further resource expansion.

Conventional processing has already produced a high-purity product grading 99.25% TiO₂, suitable for titanium sponge metal or pigment feedstock. The friable, in-situ weathered zone supports low-cost, strip mining without the need for blasting or overburden removal.

With excellent logistics and established infrastructure, including rail links to deep-water ports with direct access to Asia, the USA, Europe and Saudi Arabia, Pitfield is strategically positioned to supply the growing global demand for titanium and other critical minerals.

Empire is now accelerating the economic development of Pitfield, with a vision to produce a high-value titanium metal and/or pigment quality product at Pitfield, to realise the full value potential of this exceptional deposit.

The Company also has two further exploration projects in Australia; the Eclipse Project and the Walton Project in Western Australia, in addition to three precious metals projects located in a historically high-grade gold producing region of Austria.

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Humanoid robotics is rapidly advancing.

Driven by the convergence of technological innovations, evolving labor market demands and growing investor interest, the humanoid robotics industry is expanding at a rapid rate. A handful of humanoid robotics companies have announced initial public offerings in 2025, such as China’s Unitree and Singapore’s Otsaw, with more predicted in 2026.

Ark Invest CEO, Cathie Wood, said in October 2025 that humanoid robots “will be the biggest of all” AI opportunities, highlighting their transformative potential in transportation, healthcare and productivity enhancement

Samimi shared the impact AI integration has had on the robotics industry, challenges such as labor shortages and supply chain disruptions and how the firm evaluates opportunities within this nascent yet promising market.

Key trends in humanoid robotics

According to Samimi, recent trends in robotics include enhanced automation in the industrial and logistics sectors. “We’re seeing a lot of new trends on foundation models and control stacks within the robotic sector, as well as new sorts of electronic assemblies to put all of these components together,” he explained, citing companies like BMW (OTCPINK:BMWKY), Amazon (NASDAQ:AMZN)and Mercedes (OTCPPINK:MBGAF) as current adopters of humanoid robots in factories and warehouses.

Additionally, Samimi highlights that recent battery advances have improved energy density, enabling longer robot operation for industrial and logistics tasks. Meanwhile, lighter, more efficient actuators enhance precision and energy use, supporting dynamic interaction and human collaboration.

Finally, advances in robotics control systems are powered by cutting-edge AI algorithms. Platforms like RideScan, a Humanoid Global portfolio company, harness continuous, independent AI-driven monitoring, risk scoring and anomaly detection to optimize robot performance. The company recently filed a patent in the UK for its core AI technology

Samimi added that safety and reliability remain critical focal points amid these technological advances. Advances in algorithms, machine learning and operational intelligence systems are enabling comprehensive, scalable safety and maintenance solutions for robots deployed across different facilities, supported by digital twin technologies and a closed-loop data cycle for continuous improvement.

Addressing labor shortages

Labor shortages and constrained supply chains are accelerating innovation by prompting industrial sectors to adopt robotics to augment limited labor resources.

The 2025 MHI Annual Industry Report confirms robotics is thriving amid labor shortages and rising complexity in logistics and manufacturing. What’s more, during the US-Saudi Investment Forum, Tesla (NASDAQ:TSLA) CEO Elon Musk made a bold prediction about the long-term effects of robotics and AI: work would become optional, and money would be obsolete.

“I don’t know what long term is, maybe it’s 10, 20 years or something like that,” Musk said, adding that there was still alot of work to be done before society gets to that point.

In the meantime, the labor workforce will likely see more human-robot collaboration. Samimi said he has observed that humanoid robots and collaborative robots (cobots) are increasingly taking over repetitive manual tasks.

“Human labor now shifts to more, higher-value tasks, rather than moving a warehouse box or a palette from A to B. So we’re seeing somewhat of a shift (that’s) helping make labor more scalable and more productive, and really less dependent on that shrinking labor pool,” he said.

Resource-heavy and industrial sectors present significant opportunities for robotics adoption, especially amid a limited labor pool. Areas like agriculture, mining, pharmaceuticals and lumber industries stand to benefit from automation and upskilling through robotics.

Investment thesis and portfolio evaluation

Humanoid Global views its role not only as an investor but as an ecosystem builder, actively fostering collaboration and knowledge-sharing across its portfolio companies. By strategically connecting early-stage innovators with mature industry players, Humanoid Global seeks to accelerate the global deployment and scale of humanoid robotics technologies.

The firm emphasizes balancing risk across a portfolio that includes both disruptive technology developers and companies closer to full commercial deployment, allowing for diversified exposure while driving integrated growth.

Companies are evaluated with a strong prioritization of teams with proven execution capabilities and sustainable technological moats such as proprietary IP or unique data networks. Scalability and clear go-to-market strategies are equally important, as is a strong safety architecture embedded in the technology.

This approach highlights the importance of strategic relationships, market education and risk-managed growth in realizing the transformative potential of humanoid robotics.

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

This post appeared first on investingnews.com

Here’s a quick recap of the crypto landscape for Monday (December 1) as of 9:00 a.m. UTC.

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

Bitcoin and Ether price update

Bitcoin (BTC) was priced at US$86,828.87, down by 5.2 percent over 24 hours.

Bitcoin price performance, December 1, 2025.

Bitcoin price performance, December 1, 2025.

Chart via TradingView

After a brief resurgence last week that saw prices break past the US$90,000 barrier, Bitcoin has come crashing back down post-Thanksgiving.

Bitcoin saw a 5 percent overall slide, which pushed prices near last month’s eight-month low of US$80,553.

The decline follows a difficult November, when Bitcoin shed more than US$18,000 and posted record outflows from U.S. bitcoin exchange-traded funds. CME futures pricing also reflected the shift in sentiment, with three-month Bitcoin contracts trading at their smallest premium to near-dated futures in at least a year.

Other major cryptocurrencies weakened as well. Ether fell nearly 6 percent to around US$2,840 after losing about 22 percent in November, its worst monthly performance since February’s 32 percent decline.

Since reaching a record market size of about US$4.3 trillion, the broader crypto sector has lost more than US$1 trillion in value,

After the recent steep decline, Ether (ETH) was currently priced at US$2,838.35, similarly down by 5.2 percent over 24 hours.

Altcoin price update

  • XRP (XRP) was priced at US$2.06, down by 7.1 percent over 24 hours.
  • Solana (SOL) was trading at US$127.65, down by 6.9 percent over 24 hours.

Today’s crypto news to know

Bitcoin’s weekend slide wipes out US$637M in leveraged positions

Bitcoin’s latest downturn over the weekend triggered a wave of liquidations that erased roughly US$637 million across futures markets.

The selloff pushed Bitcoin to an intraday low near US$85,700, extending its monthly decline past 21 percent and dragging Ethereum, XRP, and other majors sharply lower. The slump began as momentum-driven selling forced heavily leveraged longs to unwind, turning a routine correction into a fast, disorderly slide.

Comments from Strategy CEO Phong Le about potentially selling part of the company’s sizable Bitcoin holdings added to jitters, even though prediction markets continue to see a low probability of actual disposals this year.

“We can sell Bitcoin, and we would sell Bitcoin if needed to fund our dividend payments below 1x mNAV,” Le said in a podcast.

The company currently controls 649,870 BTC, which valued at about US$56.26 billion at current prices.

Further, China’s central bank reiterating its hard line against crypto activity further weighed on sentiment heading into the final month of the year.

Tether blasts S&P after fresh downgrade

Tether pushed back forcefully this week after S&P Global cut its assessment of USDT’s peg stability, assigning the stablecoin the lowest score on the agency’s scale.

S&P pointed to weaker reserve quality, shrinking cash-equivalent holdings, and rising exposure to secured loans and Bitcoin as reasons for the downgrade.

The report noted that Tether’s Bitcoin holdings now exceed the cushion meant to absorb volatility, increasing the risk that a sharp price drop could leave the token undercollateralized.

Tether’s leadership dismissed the rating as biased and politically motivated.

‘Some influencers are either bad at math or have the incentive to push our competitors,’ Tether CEO Paolo Ardoino said in a recent post on X.

After the downgrade last week, Ardoino also maintained that ‘the traditional finance propaganda machine is growing worried when any company tries to defy the force of gravity of the broken financial system.’

The downgrade also comes as Tether’s mining affiliate winds down operations in Uruguay after months of unpaid power bills and stalled expansion plans.

Japan prepares 20 percent flat tax on crypto gains

Japan is moving toward a flat 20 percent tax on cryptocurrency gains, a change that would replace the current progressive regime that can push rates above 50 percent for active traders.

Nikkei Asia reported that under the proposal, crypto income would be placed into a separate category similar to equities, with the goal of reducing distortions that discourage trading or push users offshore.

Lawmakers backing the plan say aligning digital assets with other investment products could draw liquidity back to domestic exchanges and boost overall tax receipts.

The reform is expected to be finalized as part of the country’s 2026 tax framework, with revenue split between the national and local governments.

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

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

This post appeared first on investingnews.com

Copper Quest Exploration Inc. (CSE: CQX,OTC:IMIMF; OTCQB: IMIMF; FRA: 3MX) (‘ Copper Quest ‘ or the ‘ Company ‘) is pleased to announce it has entered into a strategic partnership with U.S. based Exploration Technologies Inc. (‘ ExploreTech ‘) to deploy generative artificial intelligence across its project portfolio, beginning with the Kitimat Copper-Gold Project in British Columbia. The Company has also completed an initial work program at Kitimat and expanded its geological thesis based on historical datasets and updated field observations.

EXPLORETECH PARTNERSHIP OVERVIEW

ExploreTech integrates drilling, IP/magnetics, geochemistry, structural data, satellite imagery, and field observations into a unified 3D geological framework. The system generates thousands of subsurface model scenarios, evaluates probability, and optimizes drill plans for the highest-priority copper-gold targets. The technology has been successfully applied on multiple porphyry systems.

ExploreTech will collaborate with Copper Quest’s team on their portfolio of projects, with the Kitimat Copper-Gold Project being processed first.

ExploreTech will:

  • Conduct AI-driven reprocessing and inversion of historical geophysical datasets
  • Generate geological simulations to resolve concealed intrusive centers, alteration, and mineralization
  • Produce probability-ranked target clusters
  • Recommend optimized drillhole placement, orientations, and depths
  • Integrate Copper Quest’s 2025 soil and rock geochemical data
  • Provide a fully integrated drill targeting package for the Kitimat Project

The technology is ideally suited for covered porphyry systems such as Kitimat, where limited outcrop and shallow till cover obscure significant subsurface features.

KITIMAT WORK PROGRAM SUMMARY

Copper Quest engaged Hardline Exploration to complete a reconnaissance field program at Kitimat in November 2025, collecting soil and rock samples, documenting structural and lithological observations, and assessing access routes.

Field Highlights

  • 24 soil samples collected along two soil lines (assays pending)
  • Eight rock samples collected from outcrop and historical working exposures (assays pending)
  • Bedrock consists of quartz monzonite
  • Strong silicification
  • 5–10% disseminated fine-grained pyrite
  • Traces of chalcopyrite
  • Local molybdenum
  • Orange-rusty weathering, consistent with sulphide-rich alteration
  • Access roads on the claims are intact
  • Historical logging/exploration roads provide excellent future drill access

These observations are indicative of the presence of a large altered intrusive system consistent with a productive porphyry environment.

HISTORICAL DRILLING: CONFIRMATION OF A SIGNIFICANT CU-AU SYSTEM

Exploration at Kitimat dates to the late 1960s. The most significant work was completed by Decade Resources Ltd. in 2010, which drilled 16 diamond holes totaling 4,437.5 m at the Jeannette Cu-Au Zone.

Notable Drill Intervals (2010)

  • Hole J-7: 117.07 m @ 1.03 g/t Au and 0.54% Cu (from 1.52 m to 118.60 m)
  • Hole J-1: 103.65 m @ 1.00 g/t Au and 0.55% Cu (from 9.15 m to 112.80 m)
  • Hole J-2: 107.01 m @ 0.80 g/t Au and 0.45% Cu (from 6.10 m to 113.11 m)
  • Hole J-8: 112.20 m @ 0.41 g/t Au and 0.33% Cu (from 11.89 m to 124.09 m)
    (Kruchkowski, E., 2010, BC Assessment Report #31807)

Interpretation

  • Long, continuous, near-surface copper-gold intervals
  • Mineralization remains open at depth
  • Geological indicators suggest the system extends laterally beyond the drilled area
  • Vectoring from 2010 drilling trends northeast toward a concealed porphyry center
  • No systematic follow-up drilling has been completed in 15 years

Copper Quest believes these results represent a strong opportunity for discovery within a larger, buried hydrothermal system.

2010 Drilling – Collar Location Data:

Hole ID Easting Northing Elevation Depth (m) Dip Azimuth
J-7 517657.0 6001864.5 366 167.38 -50 070
J-1 517662.0 6001843.0 359 192.07 -45 045
J-2 517662.0 6001843.0 359 304.88 -50 045
J-8 517657.0 6001864.5 366 295.43 -60 070
Coordinates given in NAD83, UTM Zone 9N. Data from Kruchkowski, E., 2010, BC Assessment Report #31807.

MANAGEMENT COMMENTS

Brian Thurston, CEO of Copper Quest

‘The Kitimat Project hosts excellent, historic mineralized intervals interpreted to represent a buried porphyry system. The long, near-surface copper-gold intercepts drilled in 2010 remain open and were never systematically followed up. ExploreTech’s AI platform will allow us to integrate decades of fragmented datasets and directly target the buried porphyry center that the geological evidence strongly supports.’

Alex Miltenberger, CEO of ExploreTech

‘Our generative AI technology evaluates thousands of geological and geophysical scenarios to identify the most probable mineralized centers. We look forward to supporting Copper Quest in unlocking the full potential of their portfolio of projects starting with the Kitimat Copper-Gold project.’

NEXT STEPS

  1. Deliver all historical datasets to ExploreTech
  2. Begin AI-driven modeling and geophysical inversion
  3. Integrate 2025 soil and rock geochemical results
  4. Receive probability-ranked target clusters and drillhole trajectories
  5. Finalize the 2025–2026 exploration and drilling program
  6. Assess applying ExploreTech’s technology to additional Copper Quest properties

NON-BROKERED FULLY-SUBSCRIBED FINANCING

Copper Quest is pleased to announce that the Company has arranged a non-brokered private placement financing of 10,142,104 common shares of the Company to be issued on a flow-through basis (the ‘ Flow-Through Shares ‘) at a price of $0.19 per Flow-Through Share for aggregate gross proceeds of $1,927,000 (the ‘ Flow-Through Offering ‘).

The Flow-Through Offering is fully subscribed and finder’s fees will be applicable.

Each Flow-Through Share will be designated as either a ‘flow-through share’ or ‘critical mineral flow-through share’, as applicable, within the meanings of the Income Tax Act (Canada). The gross proceeds from the issuance of the Flow-Through Shares will be used to incur ‘Canadian exploration expenses’ that qualify as ‘flow-through mining expenditures’ or ‘flow-through critical mineral mining expenditures’, as applicable, as such terms are defined in the Income Tax Act (Canada), which will be renounced to subscribers with an effective date no later than December 31, 2026, all in accordance with the Income Tax Act ( Canada ) and applicable provincial legislation.

All securities to issued in connection with the Flow-Through Offering will be subject to a statutory hold period of four months from the date of issuance in accordance with applicable Canadian securities legislation. Closing of the Flow-Through Offering is anticipated to occur within a week from the date hereof and is subject to the receipt of all requisite approvals, including the acceptance of the Canadian Securities Exchange.

An insider of the Company will be participating in the Offering. The issuance of Flow-Through Shares to an insider will constitute a ‘related party transaction’ as defined in Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (‘ MI 61-101 ‘). The Company will be relying on the exemptions from the valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101, as neither the fair market value of the securities to be purchased by the insider, nor the consideration for the securities to be paid by such insider, will exceed 25% of the Company market capitalization. The Company will not file a material change report in respect of the related party transaction at least 21 days before the closing of the Flow-Through Offering, which the Company deems to be reasonable in order to complete the Offering in a timely manner.

The securities described herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the ‘ U.S. Securities Act ‘), or any state securities laws, and may not be offered or sold within the United States except in compliance with the registration requirements of the U.S. Securities Act and applicable state securities laws or pursuant to available exemptions therefrom. This release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States.

ABOUT EXPLORETECH

ExploreTech is a geological technology company specializing in AI-driven geological modeling, geophysical inversion, and drill-target optimization. Its platform is designed to rapidly identify concealed intrusive centers and mineralized systems with improved accuracy and efficiency.

COPPER: GLOBAL DEMAND & SUPPLY

Globally, copper demand continues to surge, driven by electrification, electric vehicles, renewable energy, and the massive expansion of AI and data center infrastructure. Yet supply remains constrained, with declining grades at existing mines, limited new discoveries, and prolonged permitting timelines. The resulting supply-demand imbalance underscores the importance of advancing new porphyry discoveries in stable jurisdictions like the U.S. and Canada. Copper Quest is aligned with this macro trend, positioning its North American portfolio of projects to become part of the next generation of copper and critical mineral discoveries.

QUALIFIED PERSON STATEMENT

The scientific and technical information in this news release has been reviewed and approved by Jeremy Hanson, P.Geo., a Qualified Person as defined under National Instrument 43-101 Standards of Disclosure for Mineral Projects (‘ NI 43-101 ‘). Mr. Hanson is independent of Copper Quest Exploration Inc. for the purposes of NI 43-101 and has verified the data disclosed in this news release, including sampling methods, geological descriptions, and historical exploration information.

ABOUT Copper Quest Exploration Inc.

Copper Quest (CSE: CQX,OTC:IMIMF; OTCQB: IMIMF; FRA: 3MX) is focused on building shareholder value through project acquisition, and exploration and development of its North American Critical Mineral portfolio of assets. The Company’s land package currently comprises five projects that span over 40,000+ hectares in great mining jurisdictions as well as the Kitimat Cu-Au Project and the past-producing Alpine Gold Mine that are both pending acquisition following due diligence.

Copper Quest has a 100% interest in the Stars Property, a porphyry copper-molybdenum discovery, covering 9,693 hectares in central British Columbia’s Bulkley Porphyry Belt. Contiguous to the Stars Property, Copper Quest has a 100% interest in the 5,389 hectare Stellar Property. CQX also has an earn-in option up to 80% and joint-venture agreement on the 4,700 hectare porphyry copper-molybdenum Rip Project, also in the Bulkley Porphyry Belt.

Copper Quest has a 100% interest in the Nekash Copper-Gold Project, a porphyry exploration opportunity located in Lemhi County, Idaho, along the prolific Idaho-Montana porphyry copper belt that hosts world-class systems such as Butte and CUMO. The project is fully road-accessible via maintained U.S. highways and forest service roads and currently consists of 70 unpatented federal lode claims covering 585 hectares.

Copper Quest has a 100% interest in the Thane Project located in the Quesnel Terrane of Northern BC which spans over 20,658 ha with 10 high-priority targets identified demonstrating significant copper and precious metal mineralization potential.

Copper Quest’s leadership and advisory teams are senior mining industry executives who have a wealth of technical and capital markets experience and a strong track record of discovering, financing, developing, and operating mining projects on a global scale. Copper Quest is committed to sustainable and responsible business activities in line with industry best practices, supportive of all stakeholders, including the local communities in which it operates. The Company’s common shares are principally listed on the Canadian Stock Exchange under the symbol ‘CQX’. For more information on Copper Quest, please visit the Company’s website at www.copper.quest.

On behalf of the Board of Copper Quest Exploration Inc.

Brian Thurston, P.Geo.
Chief Executive Officer and Director
Tel: 778-949-1829

For further information contact:

Investor Relations
info@copper.quest

Forward Looking Information

This news release contains certain ‘forward-looking information’ and ‘forward-looking statements’ (collectively, ‘ forward-looking statements ‘) within the meaning of applicable securities legislation. All statements, other than statements of historical fact included herein, including without limitation, statements regarding the terms and completion of the Flow-Through Offering, the payment of finder’s fees and issuance of Finder’s Warrants, the anticipated closing date and the planned use of proceeds of the Flow-Through Offering, and future operations and activities of Copper Quest, are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as ‘expects’, ‘anticipates’, ‘believes’, ‘intends’, ‘estimates’, ‘potential’, ‘possible’, and similar expressions, or statements that events, conditions, or results ‘will’, ‘may’, ‘could’, or ‘should’ occur or be achieved. Forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates based on or related to many of these factors. Such factors include, without limitation, the ability to obtain regulatory approval of the Flow-Through Offering, risks associated with possible accidents and other risks associated with mineral exploration operations, the risk that the Company will encounter unanticipated geological factors, risks associated with the interpretation of exploration results, the possibility that the Company may not be able to secure permitting and other governmental clearances necessary to carry out the Company’s exploration plans, the risk that the Company will not be able to raise sufficient funds to carry out its business plans, and the risk of political uncertainties and regulatory or legal changes that might interfere with the Company’s business and prospects. Readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these items. The Company does not assume any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by applicable securities laws.

The Canadian Securities Exchange has not reviewed, approved or disapproved the contents of this press release, and does not accept responsibility for the adequacy or accuracy of this release.

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KEY POINTS

  • Homerun also announces that a new patent application has been filed for a subject invention resulting under the Cooperative Research and Development Agreement (CRADA No. CRD-23-24168) between Homerun and Alliance. The invention relates to a thermal energy storage (TES) system integrated with silica sand purification that results in advanced silica material that can be utilized in technology and energy end-uses for example battery anode precursor materials.

  • Under the commercialization plan, Homerun Energy’s AI Energy Management System (EMS) will be integrated into the NREL particle-based thermal energy storage systems.

Reno, Nevada–(Newsfile Corp. – December 1, 2025) – Homerun Energy USA, Inc. (‘Homerun’ or the ‘Company’) a newly formed 100% owned subsidiary of Homerun Resources, Inc. (TSXV: HMR,OTC:HMRFF) (OTCQB: HMRFF) is pleased to announce that the Company has signed an Intellectual Property Agreement (‘IPA’) with Alliance for Sustainable Energy, LLC (‘Alliance’), management and operating contractor of the U.S. Department of Energy’s National Renewable Energy Laboratory (‘NREL’).

Brian Leeners, CEO of Homerun stated, ‘This IPA is the culmination of a two-year partnership between Homerun and NREL and is the realization of the synergy across the Homerun vertical strategy where our unique silica sand facilitates particle-based energy storage and silica calcination purification integrated with the Homerun Energy EMS to complete and advance the potential commercial offerings. Having achieved this level of integration on the capital expended to date, is a complement to the vision and creativity within our electrification strategy. Working with the team at NREL, lead by Zhiwen Ma, has fast-tracked the development cycle to where we are today at the precipice of commercialization into a global electrification revolution demanding economic long-life, long duration energy storage and industrial heating/cooling solutions.’

Homerun entered a CRADA with NREL (CRD-23-24168), and subsequently formed a U.S. based startup company, Homerun Energy USA, Inc. that is securing the option for the license to certain intellectual property belonging to Alliance, which was brought into the IPA and/or developed under the CRADA (‘Option’). Alliance is the owner of the Alliance Intellectual Property and is granting the Option through the IPA, for Homerun to advance the technologies toward commercial application. The option period runs for twelve (12) months, subject to ongoing negotiations during that period.

As a part of any license, Alliance requires Homerun to use commercially reasonable efforts to bring Alliance Intellectual Property to market through a thorough, vigorous, and diligent commercialization program. The NREL particle-based thermal energy storage system was originally developed using funding from ARPA-E, and the IP portfolio consists of many issued patents and patent applications filed in the U.S., Canada, and Brazil.

Figure A shows the diagram of long duration energy storage technology using sand-based thermal energy storage developed in the ARPA-E supported project that is under the license agreement.

Cannot view this image? Visit: https://images.newsfilecorp.com/files/4082/276424_08c27c92d41a1970_001full.jpg

Figure A. Sand-Thermal Energy Storage System Consists of: (1) Particle-Lifting Device, (2) Charging Electric Heater, (3) Internally Insulated Storage Silos, (4) Discharge Heat Exchanger, and (5) Combined Cycle Power Generation.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4082/276424_08c27c92d41a1970_001full.jpg

Homerun also announces that a new patent application has been filed for the invention resulting under the Cooperative Research and Development Agreement (CRADA No. CRD-23-24168) between Homerun and Alliance. The invention relates to a thermal energy storage (TES) system integrated with silica sand purification processing.

Key relevant aspects of the innovation include:

  • A system comprising a sand thermal energy storage process and a silica purification process where silica sand is used as the thermal energy storage medium and as a final product of the silica purification process.

  • The storage charging/discharging devices are contained in a single system, and silica calcination and/or drying devices are contained within that system.

Sustainable Impact

  • Synergize energy storage with silica purification and maximizes energy utilization.

  • Efficiency: recovers and reuses process heat for both internal plant operations and external industrial customers (pulp & paper, food, chemicals, metallurgical applications and data centres).

  • Flexible Revenue: the dual-purpose system opens multiple profit channels in power sales, industrial process heat contracts, and processed silica materials supply.

Under the commercialization plan for the NREL Energy Storage System, Homerun Energy will integrate its advanced AI energy management and control system (EMS). Homerun’s technology is designed to operate across devices and brands to optimize energy capture, maximize storage efficiency and enable smarter, more sustainable energy use. By integrating AI into the edge Hub and into the cloud, Homerun empowers the end-user to better monitor, control and predict energy generation, usage and needs, enhancing performance while reducing costs and environmental impact and enabling advanced services such as energy trading.

Figure B shows the innovative modular sand thermal energy storage that Homerun is looking to bring to the market as a first step of commercializing the sand energy storage method.

Cannot view this image? Visit: https://images.newsfilecorp.com/files/4082/276424_08c27c92d41a1970_002.jpg

Figure B. Modular Sand Thermal Energy Storage System for Heat and/or Power.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4082/276424_08c27c92d41a1970_002full.jpg

About Homerun (https://www.homerunenergy.com/ and https://homerunresources.com/) Homerun Energy USA, Inc (Reno, NV) is a 100% subsidiary of Homerun Resources, Inc.

Homerun Resources Inc. (TSXV: HMR,OTC:HMRFF) is building the silica-powered backbone of the energy transition across four focused verticals: Silica, Solar, Energy Storage, and Energy Solutions. Anchored by a unique high-purity low-iron silica resource in Bahia, Brazil, Homerun transforms raw silica into essential products and technologies that accelerate clean power adoption and deliver durable shareholder value.

  • ⁠Silica: Secure supply and processing of high-purity low-iron silica for mission-critical applications, enabling premium solar glass and advanced energy materials.

  • Solar: Development of Latin America’s first dedicated 1,000 tonne per day high-efficiency solar glass plant and the commercialization of antimony-free solar glass designed for next-generation photovoltaic performance.

  • Energy Storage: Advancement of long-duration, silica-based thermal storage systems and related technologies to decarbonize industrial heat and unlock grid flexibility.

  • ⁠Energy Solutions: AI-enabled energy management, control systems, and turnkey electrification solutions that reduce costs and optimize renewable generation for commercial and industrial customers.

With disciplined execution, strategic partnerships, and an unwavering commitment to best-in-class ESG practices, Homerun is focused on converting milestones into markets-creating a scalable, vertically integrated platform for clean energy manufacturing in the Americas.

On behalf of the Board of Directors of
Homerun Resources Inc.

‘Brian Leeners’

Brian Leeners, CEO & Director
brianleeners@gmail.com / +1 604-862-4184 (WhatsApp)

Tyler Muir, Investor Relations
info@homerunresources.com / +1 306-690-8886 (WhatsApp)

FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE

The information contained herein contains ‘forward-looking statements’ within the meaning of applicable securities legislation. Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be ‘forward-looking statements’.

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

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(TheNewswire)

Noble Mineral Exploration Inc.

Toronto, Ontario TheNewswire – December 1, 2025 Noble Mineral Exploration Inc. ( ‘Noble’ or the ‘Company’ ) (TSX-V:NOB, FRANKFURT: NB7, OTCQB:NLPXF) is pleased to announce the signing of a drill contract for 1000 meters in two holes located in Carnegie Township near Timmins, Ontario, Canada.  The two 500-meter holes have been located to follow up on drilling done in 2022 and in order to further define the geology and mineralization.

An additional 1000m (2 holes) have been scheduled for Southwest Carnegie Township in early 2026, after freeze-up, due to swampy conditions at the proposed drill site.

The technical content of this release has been reviewed and approved by Wayne Holmstead, P.Geo., an independent Qualified Person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects .

About Noble Mineral Exploration Inc.

Noble Mineral Exploration Inc. is a Canadian-based junior exploration company, which has holdings of securities in Canada Nickel Company Inc., Homeland Nickel Inc., East Timmins Nickel Inc. (20%), and its interest in the Holdsworth gold exploration property in the area of Wawa, Ontario.

Noble holds mineral and/or exploration rights in ~70,000ha in Northern Ontario and ~24,000ha elsewhere in Quebec upon which it plans to generate option/joint venture exploration programs.

Noble holds mineral rights and/or exploration rights in ~18,000 hectares in the Timmins-Cochrane areas of Northern Ontario known as Project 81, ~2,215 hectares in Thomas Twp/Timmins, as well as an additional 20% interest in ~38,700 hectares in the Timmins area and ~175 hectares of mining claims in Central Newfoundland. Project 81 hosts diversified drill-ready gold, nickel-cobalt and base metal exploration targets at various stages of exploration. Noble also holds ~4,600 hectares in the Nagagami Carbonatite Complex and its ~3,200 hectares in the Boulder Project both near Hearst, Ontario.  ~3,700 hectares in the Buckingham Graphite Property, ~10,152 hectares in the Havre St Pierre  Nickel, Copper, PGM property, and ~1,573 hectares in the Cere-Villebon Nickel, Copper, PGM property, ~569 hectare Uranium/Rare Earth property (Chateau), ~461 hectare Uranium/Molybdenum property (Taser North),  ~4,465 hectares REE Mehmet Property, and the ~3300 hectare Gull Lake REE Property all of which are in the Province of Quebec.

https://www.noblemineralexploration.com

Noble’s common shares trade on the TSX Venture Exchange under the symbol ‘NOB’.

Cautionary Statement

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. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

The foregoing information may contain forward-looking statements relating to the future performance of Noble Mineral Exploration Inc. Forward-looking statements, specifically those concerning future performance, are subject to certain risks and uncertainties, and actual results may differ materially from the Company’s plans and expectations. These plans, expectations, risks and uncertainties are detailed herein and from time to time in the filings made by the Company with the TSX Venture Exchange and securities regulators.  Noble Mineral Exploration Inc. does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.

Contacts: H. Vance White, President

Phone:        416-214-2250

Fax:                416-367-1954

Email: info@noblemineralexploration.com

Investor Relations: ir@noblemineralexploration.com

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Heliostar Metals Ltd. (TSXV: HSTR,OTC:HSTXF) (OTCQX: HSTXF) (FSE: RGG1) (‘Heliostar’ or the ‘Company’) is pleased to announce that Mr James Perry has succeeded the retiring Mr. Jacques Vaillancourt as Chairman at the Company’s Annual General & Special Meeting (‘AGM’) held on November 26th, 2025.

Heliostar’s new Chairman Mr. James Perry commented, ‘I am excited to join Heliostar at this important inflection point. The Company has built a strong foundation through disciplined operations and strategic acquisitions, and I look forward to working closely with the experienced Board and management team as we advance the next phase of growth. Heliostar has the ingredients to become a leading gold producer in the Americas. I will draw on my experience to help steer the Company’s disciplined growth, reinforce strong governance practices, and create lasting value for our shareholders and host communities.’

Charles Funk, President and & CEO, stated – ‘I once again thank our retiring chair for his long service to Heliostar. I strongly welcome James as our new Chairman at a time of considerable growth. Having worked with James previously at Newcrest Mining, I know his ambition for our Company, his growth mindset and the high regard in which he is held across the industry. We are delighted to attract someone of his caliber as we continue advancing toward our goal of becoming a 500,000 ounce per year producer by the end of this decade.’

Mr. Perry is currently President of Sweetwater Royalties, one of the largest landowners in the United States, majority-owned by Orion Resource Partners following its acquisition of Sweetwater’s extensive land and mineral portfolio from Occidental Petroleum in 2020 for approximately US$1.3 billion. Sweetwater’s vast mineral position extends across more than 4.5 million mineral acres in Wyoming, Utah, Colorado, and Michigan, providing an expansive royalty platform spanning industrial minerals, base metals, and renewable-energy opportunities.

Mr. Perry has over 17 years of global mining and resources experience across Asia, Africa, and the Americas, spanning business development, corporate strategy and governance, legal and permitting, ESG, and operations. He spent a decade at Newcrest Mining – one of the world’s largest gold mining companies headquartered in Australia – serving as Business Development Manager and Corporate Counsel. Newcrest was acquired for approximately US$19 billion by Newmont Mining in 2023. Mr. Perry has extensive international experience managing large and complex transactions, including leading Newcrest’s entry into Ecuador and its investment in Lundin Gold’s world-class Fruta del Norte gold district. He possesses broad expertise in project evaluation and negotiation across diverse sectors and jurisdictions. He is a lawyer and holds an M.Sc. in History and International Relations from the London School of Economics.

Incentive plan issuance

Heliostar further announces that, pursuant to the Company’s Omnibus Equity Incentive Compensation Plan, it has granted 250,000 stock options (‘Options’) at an exercise price of $2.63 and 200,000 restricted share units (each, an ‘RSU’) to directors, officers and consultants of the Company. The Options are exercisable for a period of five years and will vest over the next three years. The RSUs will vest in three equal annual instalments commencing on the first anniversary of the grant date.

About Heliostar Metals Ltd.

Heliostar is a gold mining company with production from operating mines in Mexico. This includes the La Colorada Mine in Sonora and the San Agustin Mine in Durango. The Company also has a strong portfolio of development and exploration stage projects in Mexico and the USA. These include the Ana Paula project in Guerrero, the Cerro del Gallo project in Guanajuato, the San Antonio project in Baja Sur, all in Mexico and the Unga project in Alaska, USA.

For Additional Information Please Contact:

Charles Funk
President and Chief Executive Officer
Heliostar Metals Limited
Email: charles.funk@heliostarmetals.com
Phone: +1 844-753-0045
Rob Grey
Investor Relations Manager
Heliostar Metals Limited
Email: rob.grey@heliostarmetals.com
Phone: +1 844-753-0045

 

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

Cautionary Statement Regarding Forward-Looking Information

This news release includes certain ‘Forward-Looking Statements’ within the meaning of the United States Private Securities Litigation Reform Act of 1995 and ‘forward-looking information’ under applicable Canadian securities laws. When used in this news release, the words ‘anticipate’, ‘believe’, ‘estimate’, ‘expect’, ‘target’, ‘plan’, ‘forecast’, ‘may’, ‘would’, ‘could’, ‘schedule’ and similar words or expressions, identify forward-looking statements or information. These forward-looking statements or information relate to, among other things, the Company’s annual production goals.

Forward-looking statements and forward-looking information relating to the terms and completion of the Facility, any future mineral production, liquidity, and future exploration plans are based on management’s reasonable assumptions, estimates, expectations, analyses and opinions, which are based on management’s experience and perception of trends, current conditions and expected developments, and other factors that management believes are relevant and reasonable in the circumstances, but which may prove to be incorrect. Assumptions have been made regarding, among other things, the receipt of necessary approvals, price of metals; no escalation in the severity of public health crises or ongoing military conflicts; costs of exploration and development; the estimated costs of development of exploration projects; and the Company’s ability to operate in a safe and effective manner and its ability to obtain financing on reasonable terms.

These statements reflect the Company’s respective current views with respect to future events and are necessarily based upon a number of other assumptions and estimates that, while considered reasonable by management, are inherently subject to significant business, economic, competitive, political, and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance, or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements or forward-looking information and the Company has made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: precious metals price volatility; risks associated with the conduct of the Company’s mining activities in foreign jurisdictions; regulatory, consent or permitting delays; risks relating to reliance on the Company’s management team and outside contractors; risks regarding exploration and mining activities; the Company’s inability to obtain insurance to cover all risks, on a commercially reasonable basis or at all; currency fluctuations; risks regarding the failure to generate sufficient cash flow from operations; risks relating to project financing and equity issuances; risks and unknowns inherent in all mining projects, including the inaccuracy of reserves and resources, metallurgical recoveries and capital and operating costs of such projects; contests over title to properties, particularly title to undeveloped properties; laws and regulations governing the environment, health and safety; the ability of the communities in which the Company operates to manage and cope with the implications of public health crises; the economic and financial implications of public health crises, ongoing military conflicts and general economic factors to the Company; operating or technical difficulties in connection with mining or development activities; employee relations, labour unrest or unavailability; the Company’s interactions with surrounding communities; the Company’s ability to successfully integrate acquired assets; the speculative nature of exploration and development, including the risks of diminishing quantities or grades of reserves; stock market volatility; conflicts of interest among certain directors and officers; lack of liquidity for shareholders of the Company; litigation risk; and the factors identified under the caption ‘Risk Factors’ in the Company’s public disclosure documents. Readers are cautioned against attributing undue certainty to forward-looking statements or forward-looking information. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or forward-looking information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements or information, other than as required by applicable law.

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Mineralization intersected in 8 of 9 holes at Tahami South, directly adjacent to Aris Mining’s producing operations in the Segovia gold district

Quimbaya Gold Inc. (CSE: QIM,OTC:QIMGF) (OTCQB: QIMGF) (FSE: K05) (‘Quimbaya’ or the ‘Company’) is pleased to announce the discovery of two new mineralized vein systems at its 100%-owned Tahami South Project in the Segovia-Remedios gold district of Antioquia, Colombia.

The Company’s ongoing drill program at Tahami South has successfully identified vein systems that include the previously targeted Vein S and Vein V, confirming the presence of mineralization consistent with quartz vein systems mined regionally. These results confirm the continuation of the Segovia district’s geological architecture onto Quimbaya’s ground, a core thesis of the Company’s strategy.

‘This is a milestone event for Quimbaya. These first vein discoveries validate our thesis and represent a turning point as we move from land assembly into value creation through the drill bit,’ said Alexandre P. Boivin, CEO of Quimbaya Gold. ‘They are not just promising results, they are proof that we’re on to a significant mineralized system, with the grades, geometry, and geology that define Colombia’s most productive gold district.’

Discovery Highlights

  • Several Veins intersected across multiple drill platforms

  • Mineralization intersected in 8 out of 9 drill holes, demonstrating strong structural continuity and robust targeting accuracy in the inaugural Phase 1 program.

  • Drilling remains ongoing, with over 4,000 meters completed to date; the program has been extended beyond its initial scope in response to encouraging early results.

  • Two distinct vein structures system (S & V) discovered, confirming Segovia-style mineral continuity on Quimbaya’s ground.

  • Mineralization comprises quartz, barite, carbonate veining with sulphide assemblage (pyrite, chalcopyrite, galena, sphalerite).

‘These intercepts confirm that we are tapping into the same geological architecture that has made the Segovia district one of the most prolific gold producers in Latin America,’ said Ricardo Sierra, B.Sc., AusIMM, VP Exploration. ‘We see clear continuity in structure, mineralogy, grade, and believe we are only beginning to uncover the full potential at Tahami South.’

While initial assay results have been received from select drill holes, the Company is continuing to await the return of a significant portion of its Phase 1 drill campaign. In the interest of providing a more complete and technically coherent picture of the emerging discovery at Tahami South, Quimbaya intends to release assay data once a critical mass of results has been compiled. This approach ensures a balanced and contextualized interpretation of both grade distribution and structural continuity, and reflects the Company’s commitment to disciplined, data-driven disclosure as the scale of the system comes into focus.

Strategic Implications: Thesis Confirmed

The discovery of vein systems that include the previously targeted Veins S and V represents the first clear technical validation of Quimbaya’s exploration thesis: that district-scale mineralized structures extend beyond known mines into underexplored ground. The Company’s focused land acquisition strategy prioritized claims with gold & silver+ at surface and proximity to producers, and now, early drilling confirms this model is working.

With over 4,000 meters already drilled, surpassing the originally planned Phase 1 total, the Company has extended its current program to follow up on promising early results and to further evaluate vein continuity at depth and along strike. The strong correlation between drill intercepts and the geological model has reinforced Quimbaya’s exploration thesis. These results not only validate the presence of a robust mineralized system but also provide clear vectors for systematic expansion drilling in 2026.

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Figure 1. Plan view of Tahami South showing drill platform locations 

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Figure 2. System S

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Figure 3. System S

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Figure 4. System V

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Figure 5. System V and S

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Capital Strengthened Through Warrant Exercises; Equity Incentives Align Leadership for 2026

Quimbaya Gold is pleased to report that during the second half of 2025, a total of 2,169,164 common shares were issued through the exercise of stock options and warrants, resulting in gross proceeds of C$874,665. This influx of non-dilutive capital reinforces the Company’s treasury ahead of a fully funded 2026 drill campaign.

In parallel, the Company granted an aggregate of 614,034 Restricted Share Units (RSUs) to members of its senior management and board of directors under its equity incentive plan. These RSUs, which will vest in accordance with the plan and CSE policies, reflect Quimbaya’s continued focus on retaining top-tier leadership and aligning long-term performance with shareholder value.

Qualified Person

Ricardo Sierra, AusIMM, is a non-independent Officer ‘VP Exploration’ and the Qualified Person for this news release. Mr. Sierra has sufficient experience with South American exploration projects relevant to the style of mineralization and type of deposit under consideration. He consents to the inclusion of the Exploration Results in the form and context in which they appear.

About Quimbaya

Quimbaya aims to discover gold resources through exploration and acquisition of mining properties in the prolific gold mining districts of Colombia. Managed by an experienced team in the mining sector, Quimbaya is focused on three projects in the regions of Segovia (Tahami Project), Puerto Berrio (Berrio Project), and Abejorral (Maitamac Project), all located in Antioquia Province, Colombia.

Contact Information

Alexandre P. Boivin, President and CEO apboivin@quimbayagold.com

Sebastian Wahl, VP Corporate Development swahl@quimbayagold.com

Quimbaya Gold Inc.
Follow on X @quimbayagoldinc
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Cautionary Statements

Certain statements contained in this press release constitute ‘forward-looking information’ as that term is defined in applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein are forward-looking information. Generally, but not always, forward-looking statements and information can be identified by the use of forward-looking terminology such as ‘intends’, ‘expects’ or ‘anticipates’, or variations of such words and phrases or statements that certain actions, events or results ‘may’, ‘could’, ‘should’, ‘would’ or ‘occur’. Forward-looking statements herein include statements and information regarding the Offering’s intended use of proceeds, any exercise of Warrants, the future plans for the Company, including any expectations of growth or market momentum, future expectations for the gold sector generally, the Colombian gold sector more particularly, or how global or local market trends may affect the Company, intended exploration on any of the Company’s properties and any results thereof, the strength of the Company’s mineral property portfolio, the potential discovery and potential size of the discovery of minerals on any property of the Company’s, including Tahami South, the aims and goals of the Company, and other forward-looking information. Forward-looking information by its nature is based on assumptions and involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Quimbaya to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. These assumptions include, but are not limited to, that the Company’s exploration and other activities will proceed as expected. The future outcomes that relate to forward-looking statements may be influenced by many factors, including but not limited to: future planned development and other activities on the Company’s mineral properties; an inability to finance the Company; obtaining required permitting on the Company’s mineral properties in a timely manner; any adverse changes to the planned operations of the Company’s mineral properties; failure by the Company for any reason to undertake expected exploration programs; achieving and maintaining favourable relationships with local communities; mineral exploration results that are poorer or better than expected; prices for gold remaining as expected; currency exchange rates remaining as expected; availability of funds for the Company’s projects; prices for energy inputs, labour, materials, supplies and services (including transportation); no labour-related disruptions; no unplanned delays or interruptions in scheduled construction and production; all necessary permits, licenses and regulatory approvals are received in a timely manner; the Offering proceeds being received as anticipated; all requisite regulatory and stock exchange approvals for the Offering are obtained in a timely fashion; investor participation in the Offering; and the Company’s ability to comply with environmental, health and safety laws. Although Quimbaya’s management believes that the assumptions made and the expectations represented by such information are reasonable, there can be no assurance that the forward-looking information will prove to be accurate. Furthermore, should one or more of the risks, uncertainties or other factors materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements or information. Readers are cautioned not to place undue reliance on forward-looking information as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Forward-looking information contained in this news release is expressly qualified by this cautionary statement. The forward-looking information contained in this news release represents the expectations of Quimbaya as of the date of this news release and, accordingly, is subject to change after such date. Except as required by law, Quimbaya does not expect to update forward-looking statements and information continually as conditions change.

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Here’s a quick recap of the crypto landscape for Friday (November 28) as of 9:00 p.m. UTC.

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

Bitcoin and Ether price update

Bitcoin (BTC) was priced at US$91,192.19, down by 0.2 percent over 24 hours.

Bitcoin price performance, November 28, 2025.

Bitcoin price performance, November 28, 2025.

Chart via TradingView.

However, the expert added that whale selling is keeping upside momentum fragile, preventing Bitcoin’s recovery from becoming a sustained trend. Hasn also noted that while derivatives market indicators show some stabilization, the rebound lacks the aggressive leverage buildup that typically supports strong rallies.

Friday’s derivatives data reinforces this view. Open interest fell 0.13 percent over four hours as traders trimmed positions. Liquidations hit US$23.74 million, mostly in longs, clearing excess bets without sparking fresh buying.

The slightly negative funding rate of -0.001 percent shows shorts paying longs with no bullish premium, while Bitcoin’s relative strength index of 58 signals neutral momentum, not the overextension needed for a strong rally.

As Hasn explained:

“Bitcoin’s resilience this week is therefore being shaped by a supportive macro environment rather than internal strength. The mixed whale distribution pattern and the lack of sustained accumulation still underline that the market remains vulnerable. The next phase will likely depend on whether improving sentiment in equities can translate into more durable inflows across the crypto market.”

Meanwhile, Ether (ETH) was at US$3,057.17, up by 0.7 percent over 24 hours. Ether derivatives showed balanced consolidation: US$8.83 million in mixed long/short liquidations cleared positions evenly, while a 0.06 percent rise in open interest signals modest new bets. However, neutral funding at 0.001 percent lacks a bullish premium.

Altcoin price update

  • XRP (XRP) was priced at US$2.19, down by 1.8 percent over 24 hours.
  • Solana (SOL) was trading at US$137.88, down by 3.3 percent over 24 hours.

Fear and Greed Index snapshot

CMC’s Crypto Fear & Greed Index continued to climb steadily after plunging into ‘extreme fear’ territory in the last two weeks. It has currently settled at 20 and is inching closer to ‘fear.’

Bitcoin’s rebound from the mid-US$80,000 zone has triggered a swift shift in market sentiment. After the price briefly cooled near US$80,000, many expected a sluggish recovery phase. Instead, optimism snapped back, with the sentiment index rising 10 points over the week and marking one of its sharpest moves in recent months.

The increase corresponds with heavier buying activity and reduced caution among traders who had previously stayed on the sidelines during the cryptocurrency’s pullback.

CMC Crypto Fear and Greed Index, Bitcoin price and Bitcoin volume.

CMC Crypto Fear and Greed Index, Bitcoin price and Bitcoin volume.

Chart via CoinMarketCap.

Today’s crypto news to know

Major CME Group outage halts futures trading

CME Group (NASDAQ:CME) experienced a major outage on Friday due to a chiller plant malfunction at the CyrusOne CHI1 facility, halting trading in futures and options across equities, currencies, commodities, treasuries and FOREX.

The disruption started late on Thursday (November 27) and affected the Globex platform, which handles 90 percent of CME Group’s volume. The outage halted trading in Bitcoin and Ether futures for about nine to 11 hours, disrupting access to quotes and positions, but leaving spot crypto markets largely unaffected.

Visa expands stablecoin settlement push with Aquanow partnership

Visa (NYSE:V) has deepened its stablecoin strategy by teaming up with Aquanow to support faster settlement across Central and Eastern Europe, the Middle East and Africa.

The deal plugs Aquanow’s infrastructure directly into Visa’s payment rails, allowing banks and payment firms in the region to settle transactions in approved stablecoins such as USDC.

Visa says the upgrade is aimed at institutions seeking cheaper and quicker cross-border settlement options as demand for digital asset rails grows. The company also aims to modernize the “back-end plumbing” of payments by reducing reliance on traditional networks with multiple intermediaries. Aquanow, which processes billions in crypto transactions each month, will provide liquidity and technical support for the integrations.

The collaboration follows Visa’s recent stablecoin payout pilot, Visa Direct, which lets businesses fund transactions in fiat while recipients opt to receive stablecoins directly in their wallets.

UK backs “no gain, no loss” tax model for DeFi activity

The UK government has endorsed a major shift in how DeFi transactions are taxed, moving to eliminate capital gains charges when users deposit tokens into lending protocols or liquidity pools.

Under the current rules, deposits can be treated as disposals, often generating tax liabilities even when investors haven’t realized any economic gain. HM Revenue & Customs’ updated guidance supports a “no gain, no loss” approach that would tax users only when they withdraw assets and eventually sell them.

The proposal comes after two years of industry feedback from firms, many of which argued that the existing system distorts reality and burdens ordinary users with excessive record keeping. The new model would apply to both simple lending and automated market makers, ensuring that only genuine gains or losses are captured for tax purposes.

Australia introduces digital assets bill

Australia has tabled a new digital assets bill aimed at ending years of regulatory uncertainty and preventing a repeat of past offshore failures such as FTX and Celsius.

The proposed Corporations Amendment (Digital Assets Framework) Bill 2025 would require platforms holding customer crypto to meet the same licensing and conduct standards applied across the financial sector.

Officials said the legislation is designed to bring crypto businesses fully into the regulated economy, ensuring transparency, custody safeguards and clear accountability.

The bill includes exemptions for smaller operators that process under US$10 million annually and hold less than US$5,000 per customer, mirroring existing thresholds for low-risk financial products. The government argues that modernizing the rules could unlock as much as US$24 billion a year in productivity and efficiency gains.

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

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

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West African gold explorer Asara Resources Limited (ASX: AS1; Asara or Company) is pleased to announce the second set of results from 11 drill holes (totalling 2,455m) from the Phase 1 Reverse Circulation (RC) drilling program within the Massan deposit Mineral Resource Estimate (MRE) area at its flagship Kada Gold Project (Kada) in Guinea.

HIGHLIGHTS

  • Drilling to date has focused on increasing geological confidence and on extending the down-dip mineralisation envelope at the Massan deposit within the Kada project.
  • The latest results demonstrate continuity between drillholes across the remaining Inferred areas, reinforcing confidence in the geological model and confirming consistent, broad zones of mineralisation.
  • Depth-extension drilling beyond the US$1,800/oz pit shell confirms that mineralisation continues at depth, returning robust gold intersections within fresh rock and identifying new zones of deeper mineralisation.
  • Phase 2 drilling will target strike extensions to the north and south to further grow the resource footprint.
  • Notable gold intersections from the assays received for the most recent eleven drillholes include:
    • MSRC25-014: 55m @ 1.0 g/t gold from 17m. Including,
      7m @ 3.1 g/t gold from 28m.
      12m @ 1.35 g/t gold from 239m. Including,
      5m @ 2.3 g/t gold from 244m.
    • MSRC25-015: 26m @ 0.9 g/t gold from 121m.
    • MSRC25-016: 7m @ 1.4 g/t gold from 143m.
      18m @ 1.1 g/t gold from 154m. Including,
      5m @ 2.0 g/t gold from 146m.
    • MSRC25-017: 23m @ 1.2g/t gold from 64m. Including,
      6m @ 3.8 g/t gold from 64m.
    • MSRC25-018: 12m @ 3.0g/t gold from 22m. Including,
      7m @ 4.1 g/t gold from 26m.
      18m @ 1.0g/t gold from 221m. Including,
      6m @ 2.0 g/t gold from 227m.
      6m @ 2.0g/t gold from 282m.
    • MSRC25-019: 1m @ 20.8g/t gold from 21m. 90m @ 1.0g/t gold from 226m. Including,
      9m @ 1.8 g/t gold from 234m; and
      10m @ 3.0 g/t gold from 301m.
    • MSRC25-020: 5m @ 2.9g/t gold from 6m.
      13m @ 2.1g/t gold from 29m. Including,
      4m @ 4.8 g/t gold from 35m.
      30m @ 1.9g/t gold from 109m. Including,
      16m @ 3.0 g/t gold from 118m.
      20m @ 2.3g/t gold from 144m. Including,
      9m @ 4.1 g/t gold from 144m.
    • MSRC25-021: 57m @ 1.2g/t gold from 3m. Including,
      12m @ 2.0 g/t gold from 12m.
    • 41m @ 0.7g/t gold from 64m.
    • MSRC25-023: 33m @ 0.5 g/t gold from 41m.
    • MSRC25-023B: 8m @ 0.7 g/t gold from 0m.
    • MSRC25-024: 19m @ 1.5 g/t gold from 0m. Including,
      8m @ 2.1 g/t gold from 0m.
      56m @ 0.7 g/t gold from 23m.
      10m @ 1.3 g/t gold from 156m. Including,
      5m @ 2.2 g/t gold from 156m.

Additional RC Drilling Results Confirm High-Grade Continuity at Massan Prospect

The Company is pleased to announce the receipt of assay results from a further eleven RC drill holes, totalling 2,455 metres, completed at the Massan prospect (Figure 1 and Figure 2). This phase of drilling has been strategically designed to both infill the existing drilling dataset by improving geological confidence in the mineralised zones to a vertical depth of ~150 metres, and to test the down-dip depth extensions of the deposit beyond previously defined depth limits (Figure 3 and Figure 4).

As with the previous set of assay results reported in September, this batch of assay results from the drill holes drilled within the central portion of the Massan deposit has again returned significant mineralised intersections, reinforcing the continuity and robustness of the mineralisation within the core zone and validating the accuracy of the geological model against which drillhole planning has been based.

Matt Sharples, CEO of Asara, commented:

“The latest batch of assay results from the Phase 1 drilling program at the Massan deposit at Kada is highly encouraging. Not only do they confirm the widths and tenures of the expected grades, but most importantly, the intercepts were encountered exactly where predicted. This validates the accuracy of our geological model, strengthens our understanding of the genesis of the gold and derisks our exploration targeting. This enhances our success rate and continues to lower our $/oz discovery cost at a deposit which continues to grow in scale.

Both the reported depth-extension results and the near-surface infill drilling have validated our targeting and underscore the scale of Massan. We will continue to refine and update our drill plan, and we look forward to receiving the next batch of assays, which will further guide and shape our near-term exploration strategy to increase geological confidence and confirm depth extensions.

Drilling activity at Massan is due to ramp up with the imminent arrival of the Sahara Resources AC/RC rig, which will undertake a strike extension drilling campaign, designed to confirm the scale of the Massan deposit along strike, north and south, and potentially grow the Inferred Mineral Resource component of the Kada Project.”

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