Breaking
High Net Insider
Archive

October 2025

Browsing
Politics

Trump extends US security guarantee to Qatar, elevating Gulf ally to near-NATO status

Politics 3 Mins Read

President Donald Trump signed an order Monday offering a U.S. guarantee for Qatar’s security, a significant commitment for the rising non-NATO Arab ally.

‘The United States shall regard any armed attack on the territory, sovereignty, or critical infrastructure of the State of Qatar as a threat to the peace and security of the United States,’ the order, made public Wednesday, read in no uncertain terms.

‘In the event of such an attack, the United States shall take all lawful and appropriate measures — including diplomatic, economic, and, if necessary, military — to defend the interests of the United States and of the State of Qatar and to restore peace and stability.’

The guarantee represented a level of support typically offered to Washington’s closest allies. It came after Prime Minister Benjamin Netanyahu apologized to Qatari Emir Tamim bin Hamad Al Thani for a Sept. 9 Israeli strike on his territory. 

The strike was targeted at Hamas but killed one Qatari security official in the process.

Qatar also was attacked by Iran in June in a strike targeted at its U.S. base.

The order falls short of a NATO-style defense pact — it hasn’t been ratified by the Senate, so it isn’t binding.

It came as Netanyahu and Trump, during a visit to the White House Monday, announced a 20-point plan to end the war in Gaza, brokered with Qatari mediation. Hamas has not yet accepted the plan.

U.S. relations with Doha have come a long way since 2017, when Trump accused Qatar of harboring terrorism: ‘The nation of Qatar, unfortunately, has historically been a funder of terrorism at a very high level,’ Trump said at the time.

From there, Qatar became a major non-NATO ally to the U.S. in 2022 under President Biden and is home to Al Udeid Air Base, one of the U.S.’ largest Middle East bases and a key hub for U.S. Central Command operations.

The nation is now gifting the U.S. with a new plane to serve as Air Force One.

Qatar welcomed the president’s executive order in a statement saying it reflects ‘the strong and longstanding ties between Doha and Washington.’

‘Qatar remains committed to working with the United States and international partners as a trusted mediator to address shared challenges, advance conflict resolution through diplomatic means, and support sustainable peace in the region,’ the statement said.

A security guarantee has long been a goal for Qatar and other Gulf allies like Saudi Arabia and the United Arab Emirates.

The nation has hosted a Hamas political office since 2012, but local officials say they were asked to do so by the U.S. to establish a line of communication for negotiations.

Before Qatar was involved in mediating the Gaza ceasefire, it was a bridge for U.S. and Taliban talks before the withdrawal in 2021 and has worked on prisoner exchanges between Russia and Ukraine. This year it’s been involved with the U.S. in working out a peace agreement between Rwanda and the Democratic Republic of Congo, signed at the White House in June.

This post appeared first on FOX NEWS

Keep Reading
Politics

Government shutdown drags into weekend as Senate Democrats block GOP plan

Politics 4 Mins Read

Senate Democrats blocked Republicans’ attempt to reopen the government again, all but guaranteeing that the government shutdown rolls through the weekend.

After a day off to observe Yom Kippur, lawmakers made little progress in finding an off-ramp to end the shutdown, which entered its third day on Friday. And as the government remains closed, both sides appear to be digging further into their positions.

Senate Republicans’ attempt to reopen the government failed on a largely party-line 54-44 vote for a fourth time, with the same trio of Senate Democratic caucus members — Sens. John Fetterman, D-Pa.; Catherine Cortez Masto, D-Nev.; and Angus King, I-Maine — joining most Republicans in backing the bill.

Senate Majority Leader John Thune, R-S.D., plans to bring the bill to the floor again and again in a bid to chip away at Democrats’ largely unified front. He lamented the work that could be happening, like advancing spending bills and negotiating other bipartisan priorities, on the Senate floor rather than repeating the same exercise of trying to reopen the government. 

‘They have taken hostage the federal government and, by extension, the American people, who are the only losers in this,’ Thune said. ‘Everybody’s talking about who wins and who loses and who gets the blame. That’s not what this is about. This is about doing what’s in the best interest of the American people. And what’s in the best interest of the American people is keeping the government open and operating so it can continue to work on their behalf.’ 

Senate Democrats, led by Senate Minority Leader Chuck Schumer, D-N.Y., demand that they get a seat at the table to negotiate a bipartisan continuing resolution (CR).

Their main rallying cry has been pushing for an extension to expiring Obamacare tax credits, which Senate Republicans have said they would consider only after the government is reopened. While the credits don’t expire until the end of the year, Democrats argue that if Congress doesn’t act now, people who use Obamacare will see their healthcare premiums skyrocket.

‘We know Americans want this, and we know many of my Republican colleagues want this as well,’ Schumer said. ‘But failure to act would be devastating. And Republicans know it. Even Donald Trump knows it. He talked about it a little bit with us in the White House.’

When asked if the pressure would mount to a point where Democrats cave, Sen. Gary Peters, D-Mich., told Fox News Digital, ‘We’re on the right side of history right now.’

Republicans largely agree it is an issue that should be dealt with, but they also want reforms in the program rather than the blanket, permanent extension that Democrats suggested in their counter-proposal.

Some Democrats also view the shutdown as a way to stand up to President Donald Trump.

‘The truth is, we shut down the government because Republicans wouldn’t negotiate, because Donald Trump wants to shut down,’ Sen. Chris Murphy, D-Conn., said. ‘He’s just bragging in the Oval Office about how good a shutdown will be for him. And we’re going to talk about the consequences of Republicans continuing to push these giant healthcare increases on people and the consequences of a lawless president.’

The administration is not resting on its laurels either and has targeted funding in blue cities and states, along with threats of mass firings beyond the typical furloughs of nonessential federal employees to get congressional Democrats to blink.

Office of Management and Budget Director Russ Vought announced Friday that $2.8 billion in Chicago infrastructure project funding would be put on hold to prevent ‘race-based contracting,’ a move that came on the heels of $18 billion in infrastructure money in New York City and $8 billion in ‘Green New Scam’ funding from going to 16 blue states being withheld earlier this week.

Thune argued that the administration is what Democrats ‘have wrought’ by continuing to withhold their votes. 

‘They are allowing the administration to do the very thing that, back in March, they said they didn’t want to give them the authority to do,’ he said. ‘And that’s to make decisions just like that. But that’s what’s going to happen.’ 

Meanwhile, bipartisan talks are brewing in the background, though no real deal nor compromise has materialized.

There have been suggestions of extending the credits for another year after the government is reopened or doing a shorter CR to match up with the beginning of open enrollment on Nov. 1. But Republicans engaged in talks are more keen to keep the government open until at least Nov. 21 to allow appropriators to finish their work on spending bills.

‘Nobody’s married to any of this, but we’ve got to get the 45 days in effect first,’ Sen. Mike Rounds, R-S.D., said. 

This post appeared first on FOX NEWS

Keep Reading
Politics

Japan poised for first female prime minister after ruling party elects Sanae Takaichi as new leader

Politics 2 Mins Read

Japan is on track to get its first female prime minister after the leading conservative party elected Sanae Takaichi as its new leader. 

Takaichi, the former economic security minister of Japan, beat Agriculture Minister Shinjiro Koizumi, the son of popular former Prime Minister Junichiro Koizumi, in a runoff in an intraparty vote on Saturday by the ruling Liberal Democratic Party.

Takaichi is replacing Prime Minister Shigeru Ishiba as the party looks to regain public support and stay in power. 

Despite suffering major election losses, the Liberal Democratic Party remains by far the largest in the lower house and determines Japan’s leader because opposition groups are highly splintered.

In the first round of voting, Takaichi finished first with 183 votes and Agriculture Minister Shinjiro Koizumi placed second with 164. Because neither candidate reached a majority in the first round, the winner was determined in an immediate two-way runoff. 

The LDP, whose consecutive losses in parliamentary elections in the past year have left it in the minority in both houses, sought a leader who can quickly address challenges both domestic and international, while seeking cooperation from key opposition groups to implement its policies.

Takaichi, a hard-line conservative who’s cited former British Prime Minister Margaret Thatcher as her hero, has called for strengthening Japan’s military, and taking a tougher stance against China and North Korea. She also opposes same-sex marriage and retains ties to nationalist groups. 

Takaichi also faces a possible summit with President Donald Trump, who could demand that Japan increase its defense spending. A meeting is reportedly being planned for late October. Trump will travel to the Asia-Pacific Economic Cooperation summit in South Korea starting Oct. 31.

The LDP also needs help from the opposition, which it has long neglected. The party will likely look to expand its coalition with the moderate centrist Komeito with at least one of the key opposition parties, which are more centrist.

A parliamentary vote is expected in mid-October.  

The Associated Press contributed to this report.

This post appeared first on FOX NEWS

Keep Reading
Politics

Iran executes 6 prisoners accused of carrying out attacks for Israel

Politics 3 Mins Read

Iran reportedly executed six prisoners Saturday who the regime claimed carried out deadly attacks in the country’s oil-rich southwest on behalf of Israel, marking the latest surge in executions that rights groups say have reached levels unseen in decades.

The six executions were reported by The Associated Press, as well as Iranian news agency Mizan. 

A seventh prisoner, accused of killing a Sunni cleric in 2009, along with other crimes, was executed in Kurdistan province. 

Saturday’s executions follow the 12-day Iran-Israel war in June, which ended with Tehran vowing it would target its enemies at home and abroad.

According to Amnesty International, Iranian authorities have executed more than 1,000 people so far in 2025, the highest annual figure recorded by the group in at least 15 years.

Iran said the six men linked to Israel killed police officers and security forces, as well as orchestrated bombings targeting sites around Khorramshahr in Iran’s restive Khuzestan province. Iranian state television aired footage of one of the men talking about the attacks, saying it was the first time the details were being made public.

A Kurdish group called the Hengaw Organization for Human Rights said the six were actually Arab political prisoners who had been arrested during the 2019 protests. Hengaw said Iran accused them of having links to the Arab Struggle Movement for the Liberation of Ahvaz, a separatist group blamed for pipeline bombings and other attacks in the region.

The group insisted the men were tortured and forced into giving televised confessions under duress.

The seventh prisoner, Saman Mohammadi Khiyareh, a Kurd, was convicted over the 2009 assassination of Mamousta Sheikh al-Islam, a pro-government Sunni cleric in the Kurdish city of Sanandaj.

Activists have questioned Khiyareh’s case, noting he was only 15 or 16 at the time of the assassination, was arrested at 19 and was held for more than a decade before his execution. His conviction, they said, relied on confessions extracted under torture — a practice activists accuse Iranian courts of using regularly.

The number of state executions has drastically escalated since President Massoud Pezeshkian took office in July 2024. At least 975 people were executed in 2024, according to figures from the United Nations. Pezeshkian answers to Supreme Leader Ayatollah Ali Khamenei, who holds ultimate authority in the country.

Iran has been putting prisoners to death at a pace unseen since 1988, when it executed thousands at the end of the Iran-Iraq war.

Independent U.N. human rights experts have sounded the alarm about the sheer number of executions, calling it ‘a dramatic escalation that violates international human rights law,’ according to a recent press release from the Office of the High Commissioner for Human Rights.

‘With an average of more than nine hangings per day in recent weeks, Iran appears to be conducting executions at an industrial scale that defies all accepted standards of human rights protection,’ the body said.

The Associated Press and Reuters contributed to this report

This post appeared first on FOX NEWS

Keep Reading
Politics

Supreme Court’s emergency docket delivers Trump string of wins as final tests loom

Politics 5 Mins Read

President Donald Trump has an almost flawless record on the Supreme Court’s emergency docket this year, a streak that has delivered crucial moments of relief to the government as it fights hundreds of lawsuits challenging the president’s agenda.

The Supreme Court has ruled in Trump’s favor on government cuts, nationwide injunctions, immigration policies and more, leading the White House to tout what it recently counted as 21 victories before the high court.

Those victories are, however, temporary. The upcoming term, which begins Monday, will allow the justices to begin weighing the full merits of some of these court disputes and ultimately cement or undo key parts of the Trump agenda.

Jonathan Adler, a William & Mary Law School professor, attributed the interim wins to the Supreme Court’s desire to narrow the judicial branch’s role in policymaking.

Speaking during a Federalist Society panel this week, Adler said the high court’s thinking might be that ‘lower courts are doing too much. We’re going to scale that back because it’s not our place, and it’s for the executive branch and the legislative branch to figure that out.’

The Trump administration has only challenged about one-fifth of the adverse rulings it has received from the lower courts. Adler said Solicitor General John Sauer, who represents the government, is strategically selecting which cases to bring to the high court. 

‘If you go through them, setting Humphrey’s Executor stuff slightly to the side, what they all have in common is that there’s a kind of clear argument that … district courts were a little too aggressive here,’ Adler said.

He acknowledged that some might have a different view, that the Trump administration has been ‘too muscular’ and that court intervention is a necessary check.

The emergency docket, sometimes known as the shadow or interim docket, allows the Trump administration or plaintiffs to ask the Supreme Court to quickly intervene in lawsuits and temporarily pause lower court rulings. The process can take a couple of days, weeks or months, and is viewed as a much speedier, albeit temporary, way to secure court relief than if the high court were to fully consider the merits of a case, which can include a long briefing schedule and oral arguments.

The Supreme Court’s emergency docket this year has been extraordinarily active. Attorney Kannon Shanmugam, who has argued dozens of cases before the high court, said Trump’s high volume of executive actions is partly the reason for that.

‘[An increase in emergency motions] coincides with the rise of executive orders and other forms of unilateral executive action really as the primary form of lawmaking in our country with the disappearance of Congress, and that has posed enormous challenges for the court,’ Shanmugam said.

Through the emergency docket, the Supreme Court has greenlit Trump’s mass firings of career employees and high-profile terminations of Democratic appointees. It has curtailed nationwide injunctions and cleared the way for controversial deportations and immigration stops. The high court has said the government can, for now, withhold billions of dollars in foreign aid and discharge transgender service members from the military.

In other instances, parties on both sides in a court fight have construed Supreme Court outcomes as wins.

In one such order, the Supreme Court said the Trump administration must attempt to return Salvadoran migrant Kilmar Abrego Garcia, whom the government admitted in court to improperly deporting to a Salvadoran prison. But at the same time, the high court noted that district court judges must also be deferential to the executive branch’s authority over foreign policy.

Similarly, the high court said the administration must allow deportees under the Alien Enemies Act a reasonable chance to fight their removal through habeas corpus petitions. The justices have not yet weighed in on the merits of Trump’s invocation of the Alien Enemies Act, one of his most aggressive deportation tactics, which the president employed to swiftly remove alleged Tren de Aragua members.

Conservative lawyer Carrie Severino, president of the legal watchdog JCN, said one criterion the Supreme Court considers when making fast decisions is whether parties are at risk of irreparable harm.

As an example, Severino pointed to the Supreme Court recently allowing Trump to fire Biden-appointed FTC Commissioner Rebecca Slaughter, a case that the high court is now using as a vehicle to revisit in the coming months the 90-year precedent set by Humphrey’s Executor v. United States.

Severino said, ‘If one assumes, ‘Okay, if Trump’s right,’ then this is a serious burden on the government to have a good chunk of their four years being taken up with not being able to actually staff the government as they want to. If Trump’s wrong, then Commissioner Slaughter should have been in that position, and they can remedy that by providing her back pay.’

‘When you’re balancing those types of harms, this is the kind of case where the government’s going to have a leg up,’ Severino said.

In a small defeat for Trump on Wednesday, the Supreme Court declined to allow the president to fire Federal Reserve Governor Lisa Cook and instead said it would hear her case in January. The move was a deviation from the court’s typical posture and underscored its unique view on the Federal Reserve compared with other agencies.

The Supreme Court’s majority has often split along ideological lines and offered little reason for its emergency decisions. This differs from final orders from the court, which can be lengthy and include numerous concurring opinions and dissents.

Attorney Benjamin Mizer, who served as a top DOJ official during the Biden administration, cautioned during the panel that the Supreme Court could reverse its shadow docket positions down the road.

‘As cases reach the court on the merits, we shouldn’t presume that the administration will win them all,’ Mizer said.

This post appeared first on FOX NEWS

Keep Reading
Investing

Locksley Resources LimitedAdvances Multiple Antimony and REE Workstreams

Investing 6 Mins Read

Perth, Australia (ABN Newswire) – Locksley Resources Ltd (ASX:LKY,OTC:LKYRF) (FRA:X5L) (OTCMKTS:LKYRF) is pleased to provide a market update on activities across the Mojave Critical Minerals Project in California, where the Company is rapidly advancing numerous parallel workstreams.

Highlights

– Plan of Operations approval for upsized drilling program at Desert Antimony Mine (DAM), subject to receipt of bond

– Locksley has secured a drill contractor for El Campo rare earths drilling in Q4 and is in the process of finalising the expanded drill programactivities and timeline at DAM

– Lidar surface and underground survey completed at DAM, providing detailed 3D mapping of adits and stopes to guide drill targeting and mine design

– Underground sampling program planned at DAM to validate historical grades and support resource definition

– Regional exploration advancing across newly acquired claims, extending coverage to over 40 sq km of the Mojave corridor

– Multiple parallel workstreams reinforce Locksley’s fast-track mine-tomarket strategy for U.S. antimony supply

Locksley has received approval from the Bureau of Land Management (BLM) expanding the Plan of Operations for the Desert Antimony Mine, which will become effective upon completion of the bond payment and receipt of a letter from the BLM that the bond has been accepted, this process is underway.

Following the announcement on 15th September, which outlined a significant enlargement of the exploration program at the Desert Antimony Mine (‘DAM’), Locksley has moved quickly to initiate onground activities across the broader Mojave Project.

Exploration Workstreams

– Drilling: Locksley has secured a drilling contractor for the upcoming exploration program planned for Q4 2025. The drilling at the El Campo rare earths project is designed to target the steeply dipping, structurally controlled mineralised horizon in five locations along the interpreted 860m long NW-SE striking El Campo ‘lode’. This lode hosts elevated REE, as delineated from high-grade rock chip sampling conducted during 2023. The first planned drillhole is designed to target the down-plunge El Campo outcrop dipping to the SW.

– LiDAR Surveying – DAM: A comprehensive LiDAR survey of underground adits and stopes has been completed, providing data to inform both program drilling design and future mine planning.

The underground LiDAR survey will expand Locksley’s knowledge of historic antimony production. It will also provide a 3D wireframe model of the historic underground mine, which will assist with future drill targeting aiming to delineate un-mined high-grade antimony mineralisation along strike from the historic stopes. The LiDAR survey team deployed an Elios 3 with the Rev7 LiDAR payload to map the internal spaces of the underground mine, while the team also operate the DJI M350 RTK drone equipped with the L2 LiDAR payload to capture imagery for surface mapping.

The dataset will enable the contractors to accurately integrate and geospatially align all underground scans, ensuring a comprehensive and precise 3D model of the Desert Antimony mine site.

– Underground Sampling – DAM: Systematic sampling of underground workings at DAM will commence in the near term, designed to further evaluate grade continuity and confirm historical production records.

An adit located ~50m to the south-east of the historic Desert Antimony smelter will be used to conduct UG mapping and sampling which will progress Locksley’s understanding of subsurface stibnite bearing quartz-carbonate vein orientation, grade and continuity. Two stopes crosscutting the main orientation of the adit still contain timber beams and ladders that were used for mining during the late 1920’s and 1930’s.

Evidence of sheeted massive to semi-massive stibnite bearing quartz-carbonate veining is observed to be dipping sub-vertically to the west and north-west and run parallel to the orientation of the stopes.

– Broader Exploration Activities:

o Field sampling: Regional reconnaissance and claim wide sampling will commence later this month, extending coverage across the newly acquired tenure and prospective corridors.

o Geophysics: Locksley is currenting reviewing the optimal geophysical methods to evaluate its expanded land position. Technics including airborne magnetic, radiometric surveys, Induced polarization, gravity survey and passive seismic are being evaluated. Airborne geophysics has the potential to provide additional REE anomalies that may be associated with REE-bearing carbonatite intrusions, similar to the Mountain Pass REE deposit.

o Stream sediment and rock chip sampling: Wide-spread regional stream sediment and rock chip sampling are planned across the entire North-western Block, South Block, and areas of the newly expanded North Block using coarse fraction stream sediment sampling methodology. Ongoing mapping coinciding with outcrop rock sampling will also assist in providing potential REE, antimony and base metal geochemical anomalies within the Mojave Project’s land tenure.

Kerrie Matthews, Chief Executive Officer of Locksley Resources, commented:

‘Since commencing as CEO, my focus has been on advancing Mojave through multiple, parallel workstreams. The exploration team is rapidly progressing technical programs, from securing a drill rig to underground sampling and Lidar surveys at the Desert Antimony Mine. With the Plan of Operations now approved pending bond finalisation, we are commencing activities to prepare for the initial drilling at the El Campo REE target. The team and I are extremely focused on our fast-track mine-to-market strategy and it positions Locksley to deliver near-term U.S. antimony supply into critical defense and energy supply chains.’

About Locksley Resources Limited:

Locksley Resources Limited (ASX:LKY,OTC:LKYRF) (FRA:X5L) (OTCMKTS:LKYRF) is an ASX listed explorer focused on critical minerals in the United States of America. The Company is actively advancing exploration across two key assets: the Mojave Project in California, targeting rare earth elements (REEs) and antimony. Locksley Resources aims to generate shareholder value through strategic exploration, discovery and development in this highly prospective mineral region.

Mojave Project

Located in the Mojave Desert, California, the Mojave Project comprises over 250 claims across two contiguous prospect areas, namely, the North Block/Northeast Block and the El Campo Prospect. The North Block directly abuts claims held by MP Materials, while El Campo lies along strike of the Mountain Pass Mine and is enveloped by MP Materials’ claims, highlighting the strong geological continuity and exploration potential of the project area.

In addition to rare earths, the Mojave Project hosts the historic ‘Desert Antimony Mine’, which last operated in 1937. Despite the United States currently having no domestic antimony production, demand for the metal remains high due to its essential role in defense systems, semiconductors, and metal alloys. With significant surface sample results, the Desert Mine prospect represents one of the highest-grade known antimony occurrences in the U.S.

Locksley’s North American position is further strengthened by rising geopolitical urgency to diversify supply chains away from China, the global leader in both REE & antimony production. With its maiden drilling program planned, the Mojave Project is uniquely positioned to align with U.S. strategic objectives around critical mineral independence and economic security.

Tottenham Project

Locksley’s Australian portfolio comprises the advanced Tottenham Copper-Gold Project in New South Wales, focused on VMS-style mineralisation

Source:
Locksley Resources Limited

Contact:
Locksley Resources Limited
T: +61 8 9481 0389
E: info@locksleyresources.com.au

News Provided by ABN Newswire via QuoteMedia

This post appeared first on investingnews.com

Keep Reading
Investing

Update On The Mosseau Drill Program And Details Of New Fall, 2025 Exploration Program

Investing 7 Mins Read

(TheNewswire)

Vancouver, British Columbia / October 3, 2025 ‑ TheNewswire – Harvest Gold Corporation (TSXV: HVG,OTC:HVGDF) (‘ Harvest Gold ‘ or the ‘ Company ‘) is pleased to announce the latest update on the drill program at Mosseau, its flagship property in the Urban Barry Belt in Quebec’s Abitibi region and the commissioning of a new exploration program focused on the southern portion of Mosseau and the 100% owned Labelle property.

DRILLING UPDATE

Harvest Gold has completed three (3) additional holes totalling 654 metres in the central part of the Mosseau property, bringing the total completed to date to 14 drill holes for 3,030 metres.

The recently completed holes targeted the central portion of the property, where historical prospecting and diamond drilling work suggested strong potential and continuity of the gold mineralization (See Figure 1). Samples are being sent to the laboratory as each hole is logged, and assay results from the initial holes are expected within the next few weeks .

In addition, the Company has temporarily paused its ongoing diamond drill program at the Mosseau Property in recognition of the local First Nations Cultural Week, the National Day of Truth and Reconciliation and the annual fall hunting season.

Rick Mark, President and CEO of Harvest Gold, states: ‘Harvest Gold is dedicated to advancing the Mosseau Project in a manner that is respectful of Indigenous traditions and community activities. Temporarily halting our drill program at this time reflects our commitment to working collaboratively with our partners and shareholders.’

The Mosseau Property straddles the Eeyou Istchee–James Bay and Abitibi territories, as well as two hunting zones in Quebec (Zones 13 and 16). With hunting season in this area extending from September 27 to October 26, Harvest Gold plans to resume drilling in the central part of the Mosseau Property following the annual fall hunting season.

Harvest Gold is committed to building and maintaining positive, transparent, and mutually beneficial relationships with local Indigenous communities. The Company believes that advancing exploration activities with respect and understanding is fundamental to responsible resource development.

FALL 2025 EXPLORATION PROGRAM

Harvest Gold has engaged IOS Geosciences of Chicoutimi, Quebec to operate its fall field exploration program, which will include soil sampling, prospecting and mapping across parts of the Mosseau and LaBelle properties (see Figures 2 and 3). This work is designed to build on recent high-resolution magnetic survey results and to further refine drill targets for upcoming exploration campaigns.

The soil sampling program, to begin on October 27, after hunting season, will include the collection of over 1,000 samples. Sampling lines will be spaced at 200 metres, oriented perpendicular to the known ice-flow direction and be taken at 25-metre intervals along each line.

The Company will also be undertaking a prospecting and mapping program in areas of the property that have seen little to no previous field work. This work is designed to broaden the geological understanding of underexplored areas and to help refine future exploration targeting.

About Harvest Gold Corporation

Harvest Gold is focused on exploring for near-surface gold deposits and copper-gold porphyry deposits in politically stable mining jurisdictions. Harvest Gold’s board of directors, management team and technical advisors have collective geological and financing experience exceeding 400 years.

Harvest Gold has three active gold projects focused in the Urban Barry area, totalling 377 claims covering 20,016.87 ha , located approximately 45-70 km west of Gold Fields Limited’s – Windfall Deposit (Figure 4).

Harvest Gold acknowledges that the Mosseau Gold Project straddles the Eeyou Istchee-James Bay and Abitibi territories.  Harvest Gold is committed to developing positive and mutually beneficial relationships based on respect and transparency with local Indigenous communities.

Harvest Gold’s three properties, Mosseau, Urban-Barry and LaBelle, together cover over 50 km of favorable strike along mineralized shear zones.


Click Image To View Full Size

Figure 1: Progress of drill holes completed – Northern and Central Target Area


Click Image To View Full Size

Figure 2: Planned Soil samples on magnetics along the southeastern extension of the Mosseau property


Click Image To View Full Size

Figure 3: Planned soil samples on magnetics along the LaBelle property


Click Image To View Full Size

Figure 4: Project Location: Urban-Barry Greenstone Belt

Sampling, QAQC, and Laboratory Analysis Summary

All core logging and sampling completed by Harvest Gold as part of its diamond drilling program is subject to a strict standard for Quality Control and Quality Assurance (QAQC), which includes the insertion of certified reference materials (standards), blank materials, and field duplicate analysis. NQ-diameter sawed half-core samples from the drilling program at Mossseau were securely sent by Company geologists to AGAT Laboratories Ltd. (AGAT), with sample preparation in Val-d’Or, Québec and analysis in Thunder Bay, Ontario, where samples were processed for gold analysis by 50-gram fire assay with an atomic absorption finish. Samples from selected holes were securely sent to AGAT in Calgary, Alberta, for multi-element analysis (including silver) by inductively coupled plasma (ICP) method with a four-acid digestion. AGAT sample preparation and laboratory analysis procedures conform to requirements of ISO/IEC Standard 17025 guidelines and meet the requirements under NI 43-101 and CIM best practice guidelines. AGAT is independent of LaFleur Minerals.

Qualified Person Statement

All scientific and technical information in this news release has been prepared and approved by Louis Martin, P.Geo., Technical Advisor to the Company and considered a Qualified Person for the purposes of NI 43-101.

ON BEHALF OF THE BOARD OF DIRECTORS

Rick Mark
President and CEO
Harvest Gold Corporation

For more information please contact:

Rick Mark or Jan Urata
@ 604.737.2303 or info@harvestgoldcorp.com

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.

Forward Looking Information

This news release includes certain statements that may be deemed ‘forward looking statements’. All statements in this news release, other than statements of historical facts, that address events or developments that Harvest Gold expects to occur, are forward looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words ‘expects’, ‘plans’, ‘anticipates’, ‘believes’, ‘intends’, ‘estimates’, ‘projects’, ‘potential’ and similar expressions, or that events or conditions ‘will’, ‘would’, ‘may’, ‘could’ or ‘should’ occur.

Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward looking statements include market prices, exploitation and exploration successes, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

Copyright (c) 2025 TheNewswire – All rights reserved.

News Provided by TheNewsWire via QuoteMedia

This post appeared first on investingnews.com

Keep Reading
Investing

Standard Uranium Announces Expansion of Davidson River Drill Program and Provides Update on Private Placement and LIFE Offering

Investing 13 Mins Read

Standard Uranium Ltd. (TSXV: STND,OTC:STTDF) (OTCQB: STTDF) (FSE: 9SU0) (‘Standard Uranium’ or the ‘Company’) is pleased to announce a significant expansion to the planned diamond drill program at its flagship Davidson River project (‘Davidson River’ or the ‘Project’) in the southwest Athabasca Basin region, northern Saskatchewan (Figure 1). The drill program will now aim to complete between 8,000 to 10,000 meters beginning in May 2026. The Company is also pleased to announce that it has closed an additional tranche (‘Tranche 3’) of its non-brokered private placement (the ‘Private Placement Offering’) for gross proceeds of $503,800.

Davidson River Highlights:

  • Expansion of Drill Program: Due to increased funding, the Company will shift the planned Davidson River drill program to begin in spring 2026. The timeline adjustment will decrease cost per metre through utilizing two diamond drills in favorable weather conditions and therefore enable a more efficient drill program with the completion of additional metres of drilling at high-priority targets.
  • Poised for Discovery: New and refined target areas across the Warrior, Bronco, and Thunderbird conductor corridors are significantly derisked with new high-resolution 3D imaging of basement structures and potential alteration zones, providing key targeting information for spring 2026 drilling.
    • Drill Ready: The Company has secured all drill permits, has signed Exploration Agreements with our Clearwater River Dene Nation (‘CRDN‘) partners, has secured all crucial vendors and drilling is now planned for a four-to-six-week drill program in early spring 2026.

    Jon Bey, CEO of Standard Uranium, commented, ‘Our shareholders and advisors asked us to complete a larger drill program than we originally had planned for this fall based on the targets we are seeing from the work completed this summer. With the recent financial support of our capital raise, we will be fully funded to complete the 8,000 to 10,000 meters of drilling planned. We are extremely excited to get back to our flagship Davidson River project and get those drills turning once again.’

    Figure 1. Overview of Standard Uranium’s Flagship Davidson River Project in the southwest Athabasca Basin uranium district along trend from significant uranium discoveries and resources1,2.

    To view an enhanced version of this graphic, please visit:
    https://images.newsfilecorp.com/files/10633/268993_d31cb81d14aefab9_001full.jpg

    Figure 2. Summary of results from Multiphysics surveys on the Warrior, Bronco, and Thunderbird corridors, highlighting integrated target areas — EM conductors, cross-faults, gravity lows, and velocity lows.

    To view an enhanced version of this graphic, please visit:
    https://images.newsfilecorp.com/files/10633/268993_d31cb81d14aefab9_002full.jpg

    Davidson River Exploration

    Davidson River covers 30,737 hectares of prime exploration real estate in the Southwest Athabasca Uranium District, highly prospective for basement-hosted uranium deposits along trend from high-grade* uranium deposits under development (Figure 1).

    From May 26 to July 8, 2025, the Company and Fleet Space completed the first-ever ExoSphere Multiphysics survey grids in the uranium-rich southwest Athabasca Basin region (Figure 2). Multiphysics surveys collected three types of geophysical data (Ambient Noise Tomography (‘ANT‘), Horizontal-to-Vertical Spectral Ratio (‘HVSR‘), and Gravity) over three (Warrior, Bronco, and Thunderbird) of the four major conductive corridors on the Project. The surveys provide critical targeting layers in the form of 3D ANT-HVSR shear velocity models and custom inversion models for subsurface density, leveraging both passive seismic and ground gravity datasets as inputs.

    Following post-survey data analysis and integration, the Company plans to execute a diamond drill program to begin testing the highest priority targets across all three surveyed conductor corridors. Drilling is planned to be completed the spring/summer of 2026, marking the first drill program on the Project since 2022. Positive results from previous drill campaigns will be integrated into drill targeting with the newly acquired Multiphysics data. High confidence datasets from all three survey grids are being used to refine drill targets for a significant summer drill program planned for spring 2026.

    About Davidson River

    Davidson River is Standard Uranium’s flagship property, located in the southwest Athabasca Uranium District of the Athabasca Basin, Saskatchewan, and encapsulates the inferred extension of the structural trend that hosts the Triple R and Arrow uranium deposits (Figure 1). The Project consists of 10 contiguous mineral dispositions and lies approximately 25 to 30 km west of Arrow and Triple R and 75 km south of the past-producing Cluff Lake uranium mines. The Company has completed 16,561 metres of diamond drilling in 39 drill holes on the Davidson River property since 2020, which has further refined the exploration strategy for high-grade basement hosted uranium mineralization on the property3.

    Davidson River hosts four main conductive corridors — the Warrior, Bronco, Thunderbird, and Saint trends. These conductive trends are associated with graphitic-sulphidic structures in basement rocks, which are commonly associated with high-grade* uranium systems, providing the conduits for mineralizing fluids. This concept has been proven for all four corridors, with several instances of graphitic-sulphidic fault rocks and reactivated structures intersected along the tested strike length.

    Favorable basement rock types and alteration phases have been observed across the strike length of the main trends, resembling those which host other uranium deposits in the southwestern Athabasca Basin region. Key indicators include clay-dravite alteration and stacked lenses of variably strained graphite and sulphide-bearing garnetiferous gneisses and altered feldspar-rich rocks. Structural zones in the basement are locally associated with elevated uranium and/or boron values (over 1,000 ppm B), such as in DR-20-009 and -0113.

    The results from diamond drilling programs to date highlight the potential for the Davidson River Project to host significant basement hosted unconformity-related uranium mineralization, and the property contains several priority targets along all four trends that warrant further exploration.

    *The Company considers uranium mineralization with concentrations greater than 1.0 wt% U3O8 to be ‘high-grade’.

    Private Placement Update

    In connection with closing of Tranche 3 of the Private Placement Offering, the Company issued 6,297,500 non-flow-through units (each, an ‘NFT Unit‘) at a price of $0.08 per NFT Unit. Each NFT Unit consists of one common share of the Company and one-half of one common share purchase warrant (each whole warrant, a ‘Warrant‘). Each Warrant entitles the holder to purchase one common share of the Company at a price of $0.15 at any time on or before October 2, 2027. To date, the Company has issued 15,598,750 NFT Units, and 5,760,000 FT Units, in connection with the Private Placement Offering for combined gross proceeds of $1,823,900.

    In connection with Tranche 3, the Company paid finders’ fees of $15,828 and issued 197,850 non-transferable share purchase warrants (each, a ‘Finders’ Warrant‘) to certain arms-length parties who assisted in introducing subscribers to the Private Placement Offering. Each Finders’ Warrant is exercisable on the same terms as the Warrants. All securities issued pursuant to Tranche 3 of the Private Placement Offering, and any shares that may be issuable on exercise of any Warrants or Finders’ Warrants, are subject to a statutory hold period until February 3, 2026.

    The Company does not intend to offer any further NFT Units at this time, but will continue to offer up to a further 16,761,000 flow-through units (each, an ‘FT Unit‘), at a price of $0.10 per FT Unit, for gross proceeds of up to $1,676,100. Each FT Unit consists of one common share of the Company, issued as a flow-through share within the meaning of the Income Tax Act (Canada), and one-half of one Warrant. The offering will be made available to purchasers resident in Canada pursuant to the accredited investor exemption under Section 2.3 of National Instrument 45-106 – Prospectus Exemptions. As result, the FT Units will be subject to a statutory hold period for four-months-and-one-day in accordance with applicable securities laws.

    In addition, the Company also announced an offering (the ‘LIFE Offering‘) of up to 25,000,000 FT Units to purchasers resident in Canada, except Québec, pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 – Prospectus Exemptions (the ‘Listed Issuer Financing Exemption‘) for gross proceeds of up to $2,500,000. The LIFE Offering is being conducted as a separate private placement from the existing Private Placement Offering in accordance with the policies of the TSX Venture Exchange. The securities offered under the Listed Issuer Financing Exemption will not be subject to a hold period in accordance with applicable Canadian securities laws.

    There is an offering document related to the LIFE Offering that can be accessed under the Company’s profile on SEDAR+ at www.sedarplus.ca and on the Company’s website at: www.standarduranium.ca. Prospective investors should read this offering document before making an investment decision. The Company will pay finders’ fees to eligible parties who have assisted in introducing subscribers to the LIFE Offering.

    The Company anticipates the net proceeds raised from the Private Placement Offering and the LIFE Offering will be used for the exploration of the Company’s Saskatchewan uranium projects and for working capital purposes. Completion of the offering of additional FT Units and the LIFE Offering, remain subject to the approval of the TSX Venture Exchange.

    Qualified Person Statement

    The scientific and technical information contained in this news release has been reviewed, verified, and approved by Sean Hillacre, P.Geo., President and VP Exploration of the Company and a ‘qualified person’ as defined in NI 43-101.

    Historical data disclosed in this news release relating to sampling results from previous operators are historical in nature. Neither the Company nor a qualified person has yet verified this data and therefore investors should not place undue reliance on such data. The Company’s future exploration work may include verification of the data. The Company considers historical results to be relevant as an exploration guide and to assess the mineralization as well as economic potential of exploration projects. Any historical grab samples disclosed are selected samples and may not represent true underlying mineralization.

    References

    1 Arrow deposit, Rook I Project, Saskatchewan, NI 43-101 Technical Report on Feasibility Study, Prepared for NexGen Energy Ltd., Effective date: February 22, 2021
    2 Feasibility Study, NI 43-101 Technical Report, for PLS Property, Prepared for Fission Uranium Corp., Effective date: January 17, 2023
    3 Davidson River Project Overview, https://standarduranium.ca/projects/davidson-river-project

    About Standard Uranium (TSXV: STND,OTC:STTDF)

    We find the fuel to power a clean energy future

    Standard Uranium is a uranium exploration company and emerging project generator poised for discovery in the world’s richest uranium district. The Company holds interest in over 235,435 acres (95,277 hectares) in the world-class Athabasca Basin in Saskatchewan, Canada. Since its establishment, Standard Uranium has focused on the identification, acquisition, and exploration of Athabasca-style uranium targets with a view to discovery and future development.

    Standard Uranium’s Davidson River Project, in the southwest part of the Athabasca Basin, Saskatchewan, comprises ten mineral claims over 30,737 hectares. Davidson River is highly prospective for basement-hosted uranium deposits due to its location along trend from recent high-grade uranium discoveries. However, owing to the large project size with multiple targets, it remains broadly under-tested by drilling. Recent intersections of wide, structurally deformed and strongly altered shear zones provide significant confidence in the exploration model and future success is expected.

    Standard Uranium’s eastern Athabasca projects comprise over 43,185 hectares of prospective land holdings. The eastern basin projects are highly prospective for unconformity related and/or basement hosted uranium deposits based on historical uranium occurrences, recently identified geophysical anomalies, and location along trend from several high-grade uranium discoveries.

    Standard Uranium’s Sun Dog project, in the northwest part of the Athabasca Basin, Saskatchewan, is comprised of nine mineral claims over 19,603 hectares. The Sun Dog project is highly prospective for basement and unconformity hosted uranium deposits yet remains largely untested by sufficient drilling despite its location proximal to uranium discoveries in the area.

    For further information, contact:

    Jon Bey, Chief Executive Officer, and Chairman
    Suite 3123, 595 Burrard Street
    Vancouver, BC, V7X 1J1 – Canada
    Tel: 1 (306) 850-6699
    E-mail: info@standarduranium.ca

    Cautionary Statement Regarding Forward-Looking Statements

    This news release contains ‘forward-looking statements’ or ‘forward-looking information’ (collectively, ‘forward-looking statements’) within the meaning of applicable securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as of the date of this news release. Forward-looking statements include, but are not limited to, statements regarding: the timing and content of upcoming work programs; geological interpretations; timing of the Company’s exploration programs; and estimates of market conditions.

    Forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those expressed or implied by forward-looking statements contained herein. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Certain important factors that could cause actual results, performance or achievements to differ materially from those in the forward-looking statements are highlighted in the ‘Risks and Uncertainties’ in the Company’s management discussion and analysis for the fiscal year ended April 30, 2025.

    Forward-looking statements are based upon a number of estimates and assumptions that, while considered reasonable by the Company at this time, are inherently subject to significant business, economic and competitive uncertainties and contingencies that may cause the Company’s actual financial results, performance, or achievements to be materially different from those expressed or implied herein. Some of the material factors or assumptions used to develop forward-looking statements include, without limitation: the future price of uranium; anticipated costs and the Company’s ability to raise additional capital if and when necessary; volatility in the market price of the Company’s securities; future sales of the Company’s securities; the Company’s ability to carry on exploration and development activities; the success of exploration, development and operations activities; the timing and results of drilling programs; the discovery of mineral resources on the Company’s mineral properties; the costs of operating and exploration expenditures; the presence of laws and regulations that may impose restrictions on mining; employee relations; relationships with and claims by local communities and indigenous populations; availability of increasing costs associated with mining inputs and labour; the speculative nature of mineral exploration and development (including the risks of obtaining necessary licenses, permits and approvals from government authorities); uncertainties related to title to mineral properties; assessments by taxation authorities; fluctuations in general macroeconomic conditions.

    The forward-looking statements contained in this news release are expressly qualified by this cautionary statement. Any forward-looking statements and the assumptions made with respect thereto are made as of the date of this news release and, accordingly, are subject to change after such date. The Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

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

    NOT FOR DISTRIBUTION TO UNITED STATES SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

    To view the source version of this press release, please visit https://www.newsfilecorp.com/release/268993

    News Provided by Newsfile via QuoteMedia

    This post appeared first on investingnews.com

    Keep Reading