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Mercado Minerals Announces Initiation of Inaugural Field Exploration Program at Copalito

Mercado Minerals Ltd. (CSE: MERC) (‘Mercado‘ or the ‘Company‘) is pleased to announce that it has officially commenced its first field exploration program. The Company’s technical team has mobilized to the Copalito Project (‘Copalito‘ or the ‘Project‘) in Sinaloa, Mexico, where they will execute the first phase of exploration activities to advance Mercado’s flagship asset.

Program Highlights

  • Commencement of a detailed mapping and prospecting program focused across 40% of the Project area, which remains unexplored
  • Re-sampling of silver, gold, lead and zinc vein mineralization in select historical drill core from the 6 principal known veins. Previous historical results from these veins include:
    • 347 g/t silver, 0.22 g/t gold, 0.17% lead and 0.38% zinc over 13.10 m from 54.00 m in BDH-20-004 at the 5 Senores vein
    • 125 g/t silver, 2.00 g/t gold, 0.34% lead and 0.58% zinc over 23.00 m from 78.00 m in BDH-21-055 at the El Agua vein
  • Re-logging of targeted historic drill core to refine geological understanding
  • Advancing logistics for the upcoming first-phase diamond drill program
  • Further refinement of drill targets at Copalito

CEO Comment
Daniel Rodriguez, CEO & Director, commented: ‘Today marks the start of the exploration work that will lead us to drilling at Copalito. We remain on track to begin our first-phase, 3000 metre drill program in Q1, focused on our highest-priority targets. I look forward to providing regular updates to the market and our shareholders as we advance. Our goal is to demonstrate the potential of the known veins at depth and along strike, while also testing new areas that have yet to be explored at Copalito. I will be joining the technical team for the initial stage in the field to be part of the process firsthand.’

Surface Sampling Program
Mercado’s exploration team will conduct detailed mapping, sampling and prospecting across approximately 40% of Copalito, which has never undergone systematic grassroots exploration. Integration of geophysical data with data from this program will help further define high-potential exploration targets. All samples collected will be sent for laboratory analysis to support the development of additional drill targets.

Re-Sampling and Re-Logging
Selected intervals of historical drill core will be re-logged and re-sampled in order to verify and align previously collected data with Mercado’s internal standards, ensuring consistency and accuracy as the Project advances towards its inaugural drill program.

Logistics and Target Refinement
The Company is progressing with field preparations, including securing drill pad access, water sources, power, drill and equipment contractors, and other necessary operational infrastructure for the planned Phase 1 drill campaign. In parallel, the technical team will continue to review and refine drill targets based on ongoing field evaluations.

Technical information and data for the Copalito property appears to be of a good standard; However, the Qualified Person has not conducted sufficient work to independently validate the drill core results and other pertinent property data. As a result, the Company is treating drill results from the Copalito Project as historical in nature and are not to be relied on. The Qualified Person will independently verify results of the historic work during a site visit that coincides with the 2026 field program.

Qualified Person
The technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 (Standards of Disclosure for Mineral Projects) and was reviewed and approved by Kelson Willms, P.Geo., of Archer, Cathro & Associates (1981) Limited. Mr. Willms is a Qualified Person for the purposes of National Instrument 43-101

About Mercado Minerals Ltd.
Mercado Minerals Ltd. (CSE: MERC) is a silver-focused exploration company targeting the next world-class discovery in Mexico’s emerging Western Silver Belt, part of the prolific Sierra Madre Occidental mining district. With a proven team boasting extensive experience in Mexican exploration, Mercado is actively advancing multiple projects across more than 3,000 hectares. The Company is committed to creating shareholder value through disciplined exploration, strategic growth, and discovery-driven results.

For further information, contact:
Daniel Rodriguez
CEO & Director
Phone: (604) 353-4080
Email: drodriguez@mercadominerals.com

John Fraser
VP Business Development & Director
Phone: (604) 838-7677
Email: jfraser@mercadominerals.com

Forward-Looking Statement (Safe Harbor Statement):
This press release contains forward-looking statements within the meaning of applicable securities laws. The use of any of the words ‘anticipate,’ ‘plan,’ ‘continue,’ ‘expect,’ ‘estimate,’ ‘objective,’ ‘may,’ ‘will,’ ‘project,’ ‘should,’ ‘predict,’ ‘potential’ and similar expressions are intended to identify forward-looking statements. In particular, this press release contains forward-looking statements concerning the Company’s exploration plans and the intended use of proceeds from the Offering. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on these statements because the Company cannot provide assurance that they will prove correct. Forward-looking statements involve inherent risks and uncertainties, and actual results may differ materially from those anticipated. These forward-looking statements are made as of the date of this press release, and, except as required by law, the Company disclaims any intent or obligation to update publicly any forward-looking statements.

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

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FCM Secures Options over Two Ontario REE Properties

First Class Metals PLC (‘First Class Metals’, ‘FCM’ or the ‘Company’) the UK listed company focused on the discovery of economic metal deposits across its exploration properties in Ontario, Canada, is pleased to announce the successful completion of an option to purchase two properties with highly anomalous Rare Earth Elements (‘REE’) samples.

Highlights

  • FCM expands its exploration portfolio to include Rare Earth Elements complementing its core gold exploration strategy in Ontario
  • The option terms for both properties are highly favourable in year one, allowing FCM to assess REE potential with limited upfront financial exposure.
  • The two optioned properties, Block H (~18km²) and Block F (~33km²), are located within one of the most anomalous REE regions identified in the Ontario province-wide lake sediment geochemical database.
  • Initial exploration planned for Spring 2026 will focus on ground-truthing historic anomalies, validating assays, and refining geological controls on mineralisation.
  • Both blocks are believed to lie within the traditional territory of Lac des Mille Lacs First Nation, with whom FCM already maintains a constructive working relationship.
  • The Company intends to rename Block H and Block F via an online poll, enhancing stakeholder engagement and market visibility.
  • Global REE supply remains highly concentrated, with China dominating both production and downstream processing, driving Western governments to prioritise secure, allied-source supply chains.
  • Thorium-associated REE systems are increasingly attracting attention due to their potential to host light and heavy REE assemblages, which are essential for high-value permanent magnet applications.

Marc J. Sale CEO First Class Metals commented:

‘Gold remains the cornerstone of FCM’s exploration strategy and continues to underpin our approach to value accretion to FCM’s Ontario properties. However, against a backdrop of accelerating global demand for Rare Earth Elements, and a clear strategic shift by allied governments towards securing critical minerals, the opportunity presented by these two properties is particularly compelling. Their geochemical and geographic location allows FCM to gain meaningful exposure to this evolving sector while maintaining our gold-focused exploration strategy and Ontario focus.’

Option Terms

First Class Metals has entered into option agreements to acquire a 100% interest in both Block F and Block H (each subject to a production royalty). The options are structured over a three-year period and provide the Company with the ability to evaluate the properties with limited upfront financial commitment.

Block F

To exercise the option over Block F, the Company must make total cash payments of CAD $73,500 and issue CAD $60,000 in ordinary shares of the Company (‘Shares’) to the optionors over three years. Cash payments comprise CAD $9,500 payable within 30 working days of signing the agreement (the ‘Effective Date’), CAD $10,000 payable on the first anniversary of the Effective Date, CAD $16,000 on the second anniversary, and CAD $38,000 on the third anniversary. The share consideration of CAD $60,000 is payable on the first anniversary of the Effective Date.

Due Date

Share Payments

Cash Payment (CAD)

Within 30 working days of signing the Agreement

Nil

$9,500

On the 1st anniversary of the Effective Date

$60,000 in shares

$10,000

On the 2nd anniversary of the Effective Date

Nil

$16,000

On the 3rd anniversary of the Effective Date

Nil

$38,000

Total

$60,000 in shares

$73,500

Block H

To exercise the option over Block H, the Company must make total cash payments of CAD $67,600 and issue CAD $30,000 in Shares to the optionors over three years. Cash payments comprise CAD $5,600 payable within 30 working days of signing the agreement, CAD $8,000 payable on the first anniversary of the Effective Date, CAD $16,000 on the second anniversary, and CAD $38,000 on the third anniversary. The share consideration of CAD $30,000 is payable on the first anniversary of the effective date.

Due Date

Share Payments

Cash Payment (CAD)

Within 30 working days of signing the Agreement

Nil

$5,600

On the 1st anniversary of the Effective Date

$30,000 in shares

$8,000

On the 2nd anniversary of the Effective Date

Nil

$16,000

On the 3rd anniversary of the Effective Date

Nil

$38,000

Total

$30,000 in shares

$67,600

Macro Context – Rare Earth Elements

Rare Earth Elements (‘REE’) are widely recognised as strategically critical commodities, forming essential inputs for electric vehicles, renewable energy technologies, defence applications, semiconductors and high-performance permanent magnets. Global demand for REE is forecast to grow materially.

As a result, REE continue to attract increasing attention from governments and industry seeking to secure long-term supply.

Canada has formally identified REE as priority critical minerals and is positioning itself as a key allied jurisdiction capable of supporting secure, transparent and responsible supply chains. Federal and provincial initiatives are focused on encouraging domestic exploration and development, particularly in established mining regions with strong infrastructure and regulatory frameworks such as Ontario.

Thorium-associated REE systems, including those linked to batholithic and pegmatitic environments, are increasingly viewed as prospective exploration targets. FCM’s entry into REE exploration in northwest Ontario aligns with this national strategic focus, while complementing the Company’s core gold exploration activities within a Tier-1 mining jurisdiction.

The two claim blocks are located in the Atikokan area of northwest Ontario in relative proximity to the Sunbeam property, see Figure 1. Access to both blocks is excellent whilst forestry track on the properties allows internal access.

Figure 1 showing the locations of Blocks F and H with relevant topographic information, note access as well as proximity to the Sunbeam property.

The decision to acquire the two blocks from a local prospector was based on the historic (Ontario Geological Survey) lake sediment programmes. To date no groundwork has been conducted by FCM. However, PowerMax Minerals (CSE:PMAX) who also acquired blocks in the area from the same vendor have conducted an initial prospecting programme.

The Company has initiated a detailed data review of all available material in advance of a prospecting orientated field programme.

The White Otter Batholith, north of Atikokan, Ontario represents one of the most anomalous REE areas in the province-wide 48,367 samples lake sediment database. There are 26 samples in the database with partial total REE>500ppm of which 9 (35%) are in the White Otter area, a number of which as covered by the newly optioned FCM claim blocks, see Figure 2.

Figure 2 location of blocks H & F relative to the assays from the province-wide lake sediments survey.

The White Otter batholith is a Thorium (Th) high. Anomalous REE’s in lake sediments in the area are often associated with elevated Th.

Figure 3 Block H, 81 cells, (4 multi cells) 1,712 Ha. Note the available access tracks

REE anomalies occur within and around the eastern margin of the batholith within a 5km radius. It is possible that the White Otter batholith is a source for REE pegmatites or related mineralization in the area. Block H is in the core of the White Otter REE element anomaly, see Figures 2,3 and 4.

Figure 4 Block H showing the anomalous Be and Th lake sediment samples

Block F sits astride what is interpreted as a major geological regional fault. This fault is emphasised by the topography and the anomalous lake sediment results further highlight this prospective feature. Satellite imagery of the area also shows possible pegmatite dykes. See Figures 3-5

Figure 5 Block F, 7 multicell claims, 158 cells, area 3,332Ha, note the northeast orientation of anomalous assays, possibly related to a major regional fault within the White Otter Batholith

Figure 6 Block F showing the anomalous Be and Th lake sediment samples

Figure 7 showing Block F with possible pegmatites close to overlimit anomalies- examples arrowed

FCM is now engaged in a interrogation of other historic data to compile a ground target list for the Spring exploration programme.

Qualified Person

The technical disclosures contained in this announcement have been drafted in line with the Canadian Institute of Mining, Metallurgy and Petroleum standards and guidelines and approved by Marc J. Sale, who has more than 30 years in the gold exploration industry and is considered a Qualified person owing to his status as a Fellow of the Australian Institute of Mining and Metallurgy.

For Further Information:

Engage with us by asking questions, watching video summaries, and seeing what other shareholders have to say. Navigate to our Interactive Investor hub here: https://firstclassmetalsplc.com

For further information, please contact:

James Knowles, Executive Chair
Email: JamesK@Firstclassmetalsplc.com
Tel: 07488 362641

Marc J Sale, CEO and Executive Director
Email: MarcS@Firstclassmetalsplc.com
Tel: 07711 093532

AlbR Capital Limited (Financial Adviser)
David Coffman/Dan Harris
Website: www.albrcapital.com
Tel: (0)20 7469 0930

Axis Capital Markets (Broker)
Lewis Jones
Website: Axcap247.com
Tel: (0)203 026 0449

First Class Metals PLC – Background

First Class Metals listed on the LSE in July 2022 and is focused on metals exploration in Ontario, Canada which has a robust and thriving junior mineral exploration sector. In particular, the Hemlo ‘camp’ near Marathon, Ontario is a proven world class address for gold exploration, featuring the Hemlo gold deposit previously operated by Barrick Mining (>23M oz gold produced), with the past producing Geco and Winston Lake base metal deposits also situated in the region.

FCM currently holds 100% ownership of seven claim blocks covering over 250km² in northwest Ontario. A further three blocks are under option and cover an additional 30km2.FCM is focussed on exploring for gold but has base metals and critical metals mineralisation. FCM is maintaining a joint venture with GT Resources on the West Pickle Lake Property, a drill-proven ultra-high-grade Ni-Cu project.

The flagship properties, North Hemlo and Sunbeam, are gold focussed. North Hemlo has a significant discovery in the Dead Otter trend which is a discontinuous 3.5km gold anomalous trend with a 19.6g/t Au peak grab sample. This sampling being the highest known assay from a grab sample ever recorded on the North Limb of Hemlo.

In October 2022 FCM completed the option to purchase the historical high-grade past-producing Sunbeam gold mine near Atikokan, Ontario, ~15 km southeast of Agnico Eagle’s Hammond Reef gold deposit (3.3 Moz of open pit probable gold reserves).

FCM acquired the Zigzag Project near Armstrong, Ontario in March 2023. The property features Li-Ta-bearing pegmatites in the same belt as Green Technology Metals’ Seymour Lake Project, which contains a Mineral Resource estimate of 9.9 Mt @ 1.04% Li2O. Zigzag was successfully drilled prior to Christmas 2023.

The Kerrs Gold property, acquired under option by First Class Metals in April 2024, is located in northeastern Ontario within the Abitibi Greenstone Belt, one of the world’s most prolific gold-producing regions. The project holds a historical inferred resource of approximately 386,000 ounces of gold, underscoring its potential as a meaningful addition to FCM’s expanding gold portfolio. Kerrs Gold complements the Company’s exploration strategy and provides exposure to a well-established mining district. FCM is currently reviewing plans to advance the project and further unlock its value.

The significant potential of the properties for precious, base and battery metals relates to ‘nearology’, since all properties lie in the same districts as known deposits (Hemlo, Hammond Reef, Seymour Lake), and either contain known showings, geochemical or geophysical anomalies, or favourable structures along strike from known showings (e.g. the Esa project, with an inferred Hemlo-style shear along strike from known gold occurrences).

For further information see the Company’s presentation on the web site:

www.firstclassmetalsplc.com

Forward Looking Statements

Certain statements in this announcement may contain forward-looking statements which are based on the Company’s expectations, intentions and projections regarding its future performance, anticipated events or trends and other matters that are not historical facts. Such forward-looking statements can be identified by the fact that they do not relate only to historical or current facts. Forward-looking statements sometimes use words such as ‘aim’, ‘anticipate’, ‘target’, ‘expect’, ‘estimate’, ‘intend’, ‘plan’, ‘goal’, ‘believe’, or other words of similar meaning. These statements are not guarantees of statements. Given these risks future performance and are subject to known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking and uncertainties, prospective investors are cautioned not to place undue reliance on forward-looking statements. Forward-looking statements speak only as of the date of such statements and, except as required by applicable law, the Company undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise.

Source

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Eastern Metals Recommences ASX Trading – Aiming to Unlock High-Potential Copper Discoveries in New Brunswick, Canada

Eastern Metals Ltd (ASX: EMS) (Eastern Metals or the Company) (to be renamed Raptor Metals Ltd (ASX: RAP)) is pleased to advise it has recommenced trading on the Australian Securities Exchange (ASX) today following its acquisition of Raptor Resources Limited (Raptor Resources).

HIGHLIGHTS

  • Eastern Metals Ltd (Eastern Metals) (to be renamed Raptor Metals Ltd) has today recommenced trading on ASX.
  • ASX re-listing successfully completes Eastern Metals’ transformation into a copper-focused exploration company through the acquisition of Raptor Resources Limited.
  • Eastern Metals is an Australian-headquartered company focused on unlocking high potential copper discoveries in the world-renowned Bathurst Mining Camp, New Brunswick, Canada.
  • Key projects include Chester Project (with a JORC-compliant mineral resource estimate of 6.68Mt at 1.092% copper)1 and the Turgeon Project, both demonstrating strong potential for volcanogenic massive sulphide (VMS) deposits rich in copper, zinc, and other base metals.
  • The Company has raised a total of $5 million under a prospectus at a price of $0.02 per share with funds raised to be used to commence immediate exploration activities at its projects.
  • The Company has a market capitalisation of $11.85M.
  • The capital raise by lead manager Euroz Hartleys received strong support from institutional, professional and retail investors.
Eastern Metals has acquired more than 90% of the issued shares in Raptor Resources and is in the process of compulsorily acquiring all outstanding shares it does not already own, marking a strategic pivot into base metals exploration. This transaction delivers a premium portfolio of advanced VMS assets in New Brunswick’s world-class Bathurst Mining Camp – a Tier-1 jurisdiction – and positions the Company to target high-grade copper discoveries.
Managing Director Brett Wallace commented: “The acquisition of Raptor Resources represents a pivotal milestone for our company. With trading having now resumed under the code EMS (to become RAP), our strategy is clear: systematic exploration to delineate economic resources and deliver strong shareholder returns. We will hit the ground running with drilling programs at Chester to commence imminently and look forward to providing market updates as they develop.”
Copper in the Bathurst Mining Camp
New Brunswick is a Tier-1 mining jurisdiction with more than 45 years of base metal production. The Bathurst Mining Camp is renowned for its VMS deposits, which have supplied global markets with copper, zinc, lead, and silver.
The Company’s portfolio is proximal to historical mines and benefits from modern exploration techniques to target extensions and new discoveries.
The Company’s Canadian Projects benefit from exceptional geology, proven mineralisation styles, and modern infrastructure including roads, power, and proximity to ports. With the Chester Project’s existing JORC-compliant Mineral Resource Estimate providing a strong foundation, and Turgeon, Arunta and Emu Lake offering high-upside greenfield potential, the portfolio is primed for systematic exploration to deliver shareholder value.

Figure 1. Location of the Company’s assets in the Bathurst Mining Camp, New Brunswick, Canada

Chester Project Background

The Chester Project represents the Company’s flagship asset within the Bathurst Mining Camp, a globally recognised VMS district that has historically produced more than 180 million tonnes of base metal ore.

Located in northern New Brunswick, Chester hosts a JORC-compliant Mineral Resource and is characterised by high-grade copper-zinc mineralisation typical of the camp’s bimodal felsic VMS systems. Previous drilling has intersected significant copper-dominant zones, with historical results highlighting potential for both open-pit and underground development.

The project benefits from year-round access, proximity to existing road and power infrastructure, and a mining-friendly jurisdiction with a skilled local workforce. With known mineralisation remaining open along strike and at depth, Chester offers immediate exploration upside through targeted drilling to expand the resource and test parallel horizons.

Turgeon Project Background

The Turgeon Project, also situated in the heart of the Bathurst Mining Camp, complements Chester by providing early-stage discovery potential within a highly prospective geological corridor adjacent to past-producing VMS deposits.

Covering underexplored ground with strong structural and geophysical signatures, Turgeon is interpreted to host copper-zinc rich massive sulphide lenses like those that defined the camp’s major mines. Historical work has identified anomalous base metal geochemistry and untested electromagnetic conductors, indicating the presence of buried sulphide bodies.

The project’s location near regional infrastructure and its alignment with known mineralised trends position it for rapid advancement through modern geophysical surveys and follow-up drilling, with the goal of delineating new high-priority targets in a district proven to host world-class deposits.

Authorisation

This announcement has been authorised for release by the Board of Directors.

For further information, please contact:

Company Eastern Metals
Brett Wallace
E. brettwallace@raptorresources.com.au

Investor Relations
NWR Communications
Melissa Tempra
E. melissa@nwrcommunications.com.au

About Eastern Metals Ltd

Eastern Metals Ltd (ASX: EMS) (to be renamed Raptor Metals Ltd (ASX: RAP)) acquired Raptor Resources Limited and is now focused on Canadian copper exploration with two projects in the historic Bathurst Mining Camp in New Brunswick.

For further information regarding the Company and its portfolio of projects, please refer to the ASX announcement titled “Recompliance Prospectus” dated 10 October 2025 (released to ASX on 16 October 2025), or visit the Company’s website at www.easternmetals.com.au or ASX platform (ASX: EMS).

Forward-looking Statement

Any forward-looking statements in this document involve subjective judgment and are subject to uncertainties, risks, and contingencies outside the Company’s control. Actual events may vary materially. Recipients are cautioned not to place undue reliance on such statements. Eastern Metals disclaims liability for any loss arising from reliance on this information.

Competent Person Statement

The information in this announcement relating to the technical assessment of mineral assets, exploration results and mineral resources was reported in the ASX announcements released by the Company titled “Recompliance Prospectus” dated 10 October 2025 and “Pre-Reinstatement Disclosure” dated 7 January 2026. The Company confirms that it is not aware of any new information or data that materially affects the information included in the original ASX announcements and that all material assumptions and technical parameters underpinning the original ASX announcements continue to apply and have not materially changed.

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Trump admin exit from UN, international organizations raises question of who’s next

After the Trump administration’s decision to withdraw from dozens of United Nations and other international organizations, experts say more international bodies could soon find themselves on the chopping block.

The announcement that the U.S. wouldexit 66 international organizationswas in response to President Donald Trump’s February 2025 executive order calling for a review of U.S. support to ‘all international organizations.

Secretary of State Marco Rubio said in reaction to the announcement that the U.S. is ‘rejecting an outdated model of multilateralism — one that treats the American taxpayer as the world’s underwriter for a sprawling architecture of global governance.’ Rubio warned the State Department continues to review international organizations, and that those subject to the January cuts ‘are by no means the only offenders.’

Rubio said that the U.S. was not turning its back on the world but was looking to review the ‘international system,’ which he said, ‘is now overrun with hundreds of opaque international organizations, many with overlapping mandates, duplicative actions, ineffective outputs and poor financial and ethical governance.’

Hugh Dugan, former Senior Director for International Organization Affairs at the National Security Council during President Trump’s first term, told Fox News Digital that U.N. Secretary General Antonio Guterres ‘always misread’ the prior executive order ‘as a cost-cutting directive.’ In trying to ‘cut his way to growth’ through the UN80 initiative, 

Dugan said that Guterres ‘meat-cleavered budgets, hitting bone and flesh as much as fat, but at base it was business as usual: no focus on the U.N.’s pitiful return on investment.  Instead of only cutting the bottom line, also he should have grown the top line by working smarter for new efficiencies.’   

Launched in March 2025, the UN80 initiative was designed to identify inefficiencies inside the U.N. system and cut costs across an expansive bureaucracy. In response to Trump’s withdrawal from U.N. entities, Guterres’ spokesperson Stéphane Dujarric said in a statement that the secretary general, ‘regrets the announcement by the White House,’ and stated that ‘assessed contributions to the United Nations’ regular budget and peacekeeping budget…are a legal obligation under the U.N. Charter for all Member States, including the United States.’

Brett Schaefer, a senior fellow at the American Enterprise Institute, told Fox News Digital that impacted organizations external to the U.N. ‘don’t receive very much money,’ and ‘don’t necessarily merit U.S. funding or support.’ Withdrawing from those organizations is ‘more pruning around the margins than a fundamental reassessment of U.S. relationships with international organizations,’ he said.

For the 31 U.N.-affiliated groups on the list, Schaefer said that the withdrawal order is ‘an opportunity to signal to the U.N. where the United States would like to see consolidation or elimination of duplication, which is rather rife within the U.N. system.’

Schaefer said that withdrawing from the U.N. Population Fund and U.N. Framework Convention on Climate Change was ‘very consistent with the Trump administration’s policy.’ Schaefer also indicated that withdrawing from the U.N. Council on Trade and Development (UNCTAD) was a formalization of policy shift that occurred in 2018 when UNCTAD admitted ‘Palestinians as a full member state’ and U.S. law ‘prohibit[ed] U.S. funding’ for the organization.

Other choices, like departing from the U.N. Department for Economic and Social Affairs, ‘didn’t quite make sense,’ Schaefer said. He noted that the department is funded through the regular U.N. budget, which makes the move ‘more of a signal than it is really an effective policy.’

Future rounds of cutting

Schaefer noted several organizations, including the World Meteorological Organization, World Intellectual Property Organization, U.N. Office for the Coordination of Humanitarian Affairs (UNOCHA), Food and Agricultural Organization (FAO), and U.N. Development Programme, that could be subject to future cuts.

While smaller nations utilize the UNDP to administer their humanitarian donations, the U.S. does not need ‘a middleman’ to fund non-governmental organizations and provide aid, Schaefer said. He also noted that the organization ‘has had a problem with corruption’ that included concealing North Korean counterfeit money and providing the country with dual-use technology.

Schaefer said that the U.S. can ‘promote agricultural development in developing countries’ through entities outside the FAO, which he said is ‘currently led by a Chinese national’ who is ‘using that organization to promote Chinese policies and Chinese commercial interests in developing countries.’

On Dec. 31, UNOCHA was a signatory to a memo ‘which was sharply critical of Israel,’ Schaefer said. Schaefer believes the memo constituted ‘a violation of their neutrality’ that should result in reprimand. Schaefer said that Under-Secretary-General for Humanitarian Affairs and Emergency Relief Coordinator Tom Fletcher ‘has made repeated statements echoing false accusations of Israel causing famine and hunger and other humanitarian suffering in Gaza that has since been proved to be false and without basis.’

The WIPO, WMO, and FAO declined to comment about whether they might be a target of future cuts.

A UNDP spokesperson said that the U.S. ‘has been a steadfast partner’ and that the it maintains its commitment to working alongside the U.S. to ‘address urgent humanitarian needs, promote stability, and advance prosperity worldwide.’ The spokesperson noted that ‘UNDP projects are subject to strict oversight and accountability policies and mechanisms,’ with the UNDP ‘consistently rank[ing] amongst the most transparent organizations included in the [Aid Transparency Index.] 

According to the UNDP spokesperson, ‘no evidence of systematic fraud or diversion of funds was found’ when concerns involving the Democratic People’s Republic of Korea were investigated in 2006. The spokesperson said that the DPRK project ‘concluded in 2020. Any future engagement would require consensus from UNDP’s Executive Board and clear directives from Member States.’

A UNOCHA spokesperson noted that the U.S. had just signed an agreement with UNOCHA ‘reinforcing our partnership.’

The U.S. pledged to allocate $2 billion to UNOCHA at the end of December for global humanitarian needs.[iii] In recent years, officials previously told Fox News Digital that the U.S. had contributed between $8 and $10 billion to UNOCHA

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Greenland’s prime minister says ‘we choose Denmark’ over the US

Greenland’s prime minister declared Tuesday that, ‘we choose Denmark,’ if it had to decide between remaining a Danish territory or becoming part of the United States, a report said. 

Jens-Frederik Nielsen made the remark while appearing alongside Danish Prime Minister Mette Frederiksen during a joint press conference in Copenhagen, according to Reuters. 

‘We face a geopolitical crisis, and if we have to choose between the U.S. and Denmark here and now then we choose Denmark,’ Nielsen reportedly said. ‘We stand united in the Kingdom of Denmark.’ 

The comment comes as Denmark’s Foreign Minister Lars Lokke Rasmussen said he and his Greenlandic counterpart Vivian Motzfeldt are set to meet with Secretary of State Marco Rubio and Vice President JD Vance on Wednesday at the White House, Reuters reported.

‘Our reason for seeking the meeting we have now been given was to move this whole discussion, which has not become less tense since we last met, into a meeting room where we can look each other in the eye and talk about these things,’ Rasmussen said. 

A source familiar with the matter confirmed to Fox News that Rasmussen will be visiting the White House. 

President Donald Trump said on Sunday that the U.S. must acquire Greenland — not lease it — arguing the Arctic territory lacks defenses and warning that Russia or China would move in if Washington does not act, a move he said is critical to U.S. and NATO security.

While speaking with reporters on Air Force One on Sunday night, Trump was asked about Greenland and whether the U.S. had made an offer to acquire the territory from Denmark. 

‘I haven’t done that. Greenland should make the deal because Greenland does not want to see Russia or China take over,’ he said. ‘Basically, their defense is two dog sleds. You know that? You know what their defense is? Two dog sleds.’

The president was also clear that his administration is not talking about leasing Greenland short term, but only about acquiring the Danish territory. 

‘If we don’t do it, Russia or China will, and that’s not going to happen when I’m president,’ Trump said. 

Fox News’ Patrick Ward and Greg Wehner contributed to this report. 

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GOP unveils plan to cut deficit by $1 trillion with second ‘big, beautiful bill’

The House GOP’s largest caucus released a plan for a second ‘big, beautiful bill’ on Tuesday morning, which the group says could cut the federal deficit by over $1 trillion.

Republican Study Committee Chairman August Pfluger, R-Texas, unveiled the roadmap for what’s likely to be a massive piece of legislation during a press conference alongside House Budget Committee Chairman Jodey Arrington, R-Texas, whose panel would play a central role in advancing any budget reconciliation bill.

Budget reconciliation allows the majority parties in the House and Senate to pass significant policy reforms by lowering the Senate’s threshold to advance a bill to a simple majority rather than 60 votes, provided its measures adhere to a specific set of guardrails.

It comes as House Republicans wrestle with a razor-thin majority, which just got slimmer after the abrupt resignation of former Rep. Marjorie Taylor Greene, R-Ga., and the sudden death of Rep. Doug LaMalfa, R-Calif.

Republicans’ first reconciliation legislation, which President Donald Trump dubbed his ‘big, beautiful bill,’ was passed after months of tense intraparty negotiations with all but two GOP lawmakers’ support.

At the time, the threat of Trump’s first-term tax cuts in the Tax Cuts and Jobs Act (TCJA) expiring at the end of 2025 was critical to getting the ideologically diverse GOP conference on board with the bill — while Republicans have no such anchor this year.

Asked about those dynamics by Fox News Digital, Pfluger said, ‘That’s why this framework is so important.’

‘We spent a lot of time looking at what the theme of a reconciliation bill should be, what is the overlapping area that we all care about. And I would also submit to you that Democrats care about this as well,’ Pfluger said. ‘The details of exactly which bills will be included that’s the hard work that we now will embark upon.’

Affordability appears to be the cornerstone of the legislation, according to an 11-page document obtained by Fox News Digital.

Republicans are seeking to lower healthcare costs by changing the existing Obamacare subsidy structure to route dollars directly to taxpayers through Health Savings Accounts (HSAs) rather than money going to insurance companies, and codifying the Trump administration’s executive actions on most favored nation drug pricing, that is aimed at lowering the costs of popular prescription drugs.

The bill would also include measures codifying Trump’s energy deregulation policies in order to lower costs for U.S. oil and natural gas. 

A provision in the framework on taxing ‘third-party litigation to discourage frivolous lawsuits that undermine economic growth’ regarding U.S. energy, and a series of other fees associated with lawsuits, are expected to raise federal revenues by at least $27 billion.

‘I’m just talking about the affordability issue — I do think it’s the most important issue for November,’ Arrington said. ‘I think it’s the most important issue for the American people.’

Rep. Stephanie Bice, R-Okla., among the Republicans who spoke at the press conference, honed in on the deregulatory aspect as a pathway to lowering costs.

‘We must do this second package to continue to codify President Trump’s agenda and to enact a pro-growth and pro-America agenda. Affordability starts with energy and deregulation,’ she said.

The framework also includes a host of other priorities floated by Republicans this year, including limiting ‘federal transportation funding to states and cities granting driver’s licenses to illegal aliens, and to sanctuary jurisdictions violating federal law and undermining the President’s effort to secure the border,’ which the document said would save $76.3 billion federal dollars.

It would also impose new restrictions on illegal immigrants being able to use federal programs like the Low-Income Housing Tax Credit and block federal funds for states that allow illegal immigrants to get government healthcare benefits.

The framework also aims to make home buying more affordable for Americans with new ‘Home Savings Accounts,’ which would allow them to pull from other tax-advantaged savings accounts if that money went toward buying a home.

Speaker Mike Johnson, R-La., has said on multiple occasions that he hopes for a second reconciliation bill, but has not endorsed a specific piece of legislation yet.

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Trump admin labels Muslim Brotherhood branches as terrorist organizations

The U.S. has designated three branches of the Muslim Brotherhood as terrorist organizations, in a move that could impact Washington’s relationships with Qatar and Turkey.

The Treasury and State departments announced the moves against the Lebanese, Jordanian and Egyptian chapters of the group, which the Trump administration asserts pose risks to the U.S.

The State Department gave the Lebanese branch of the Muslim Brotherhood the most severe of its labels, designating it a foreign terrorist organization, which makes it illegal to provide material support to the group, The Associated Press reported. Additionally, the Treasury Department labeled the Jordanian and Egyptian branches as specially designated global terrorists for providing support to Hamas. The Lebanese chapter of the Muslim Brotherhood was also given a special designation by the Treasury Department.

‘These designations reflect the opening actions of an ongoing, sustained effort to thwart Muslim Brotherhood chapters’ violence and destabilization wherever it occurs,’ Secretary of State Marco Rubio said in a statement, according to the AP. ‘The United States will use all available tools to deprive these Muslim Brotherhood chapters of the resources to engage in or support terrorism.’

The labeling of the Jordanian chapter as a specially designated global terrorists comes months after Amman announced a sweeping ban on the organization. The AP noted that while the Jordanian monarchy had previously banned the Muslim Brotherhood a decade ago, it officially licensed a splinter group and continued to tolerate the Islamic Action Front while restricting some of its activities. The Islamic Action Front, a political party linked to the Muslim Brotherhood, won several seats in the 2024 parliamentary elections.

In November, President Donald Trump issued an executive order calling for ‘certain chapters or other subdivisions of the Muslim Brotherhood’ to be considered for designation as foreign terrorist organizations and specially designated global terror organizations.

The Muslim Brotherhood’s ‘chapters in Lebanon, Jordan, and Egypt engage in or facilitate and support violence and destabilization campaigns that harm their own regions, United States citizens, and United States interests,’ the executive order reads.

The order goes on to state that after the Oct. 7, 2023, attacks on Israel, ‘the military wing of the Lebanese chapter of the Muslim Brotherhood joined Hamas, Hezbollah, and Palestinian factions to launch multiple rocket attacks against both civilian and military targets within Israel.’ It also adds that the Egyptian chapter of the Muslim Brotherhood ‘called for violent attacks’ against U.S. partners and interests on Oct. 7, 2023. Additionally, the order states that the Jordanian chapter’s leaders ‘have long provided material support to the militant wing of Hamas.’

Both Florida and Texas have designated the Muslim Brotherhood as a terrorist organization, something Trump contemplated doing in 2019 during his first term in office.

The Associated Press contributed to this report.

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Bill Clinton defies congressional subpoena, Comer says contempt charges moving ahead

Former President Bill Clinton appears to have defied a congressional subpoena to appear before the House Oversight Committee on Tuesday morning.

Clinton was compelled to sit for a sworn closed-door deposition in the House’s bipartisan probe into Jeffrey Epstein, but Fox News Digital did not see him before or after the scheduled 10 a.m. grilling.

House Oversight Committee Chairman James Comer, R-Ky., had threatened to begin contempt of Congress proceedings against Clinton if he did not appear Tuesday.

Comer said Tuesday morning, ‘We will move next week in the House Oversight Committee … to hold Bill Clinton in contempt of Congress.’

‘I think everyone knows by now Bill Clinton did not show up. And I think it’s important to note that this subpoena was voted on in a bipartisan manner by this committee,’ Comer told reporters after formally ending the deposition.

‘No one’s accusing Bill Clinton of any wrongdoing. We just have questions. And that’s why the Democrats voted, along with Republicans, to subpoena Bill Clinton.’

He said ‘not a single Democrat’ showed up to the deposition on Tuesday.

Other lawmakers seen going into the committee room include Reps. Lauren Boebert, R-Colo., Andy Biggs, R-Ariz., Michael Cloud, R-Texas, Tim Burchett, R-Tenn., and Scott Perry, R-Pa.

Hillary Clinton had also been subpoenaed to appear on Wednesday but likely will not show up.

The Clintons’ attorney sent Comer a letter confirming they’re challenging the legality of the subpoenas issued against them.

‘[T]he Subpoenas issued to President and Secretary Clinton are invalid and legally unenforceable. Mindful of these defects, we trust you will engage in good faith to de-escalate this dispute,’ reads the letter, obtained by Fox News Digital.

The Clintons’ attorneys tore into Comer’s leadership of the investigation, accusing him of violating the Constitution’s separation of powers and trying to obfuscate the search for real information.

‘President and Secretary Clinton have already provided the limited information they possess about Jeffrey Epstein and Ghislaine Maxwell to the Committee. They did so proactively and voluntarily, and despite the fact that the Subpoenas are invalid and legally unenforceable, untethered to a valid legislative purpose, unwarranted because they do not seek pertinent information, and an unprecedented infringement on the separation of powers,’ the letter said.

‘Your continued insistence that the former President and Secretary of State can be compelled to appear before the Committee under these circumstances, however, brings us toward a protracted and unnecessary legal confrontation that distracts from the principal work of the Congress with respect to this matter, which, if conducted sincerely, could help ensure the victims of Mr. Epstein and Ms. Maxwell are afforded some measure of justice for the crimes perpetrated against them, however late. But perhaps distraction is the point.’

Fox News Digital asked Comer if he would also move to hold Hillary Clinton in contempt next week if she defies the subpoena, to which he said, ‘We’ll see. We’ll talk about it.’

If the contempt resolution advances through committee next week, it will then be on the entire House to vote on whether to refer the former president for criminal charges.

A criminal contempt of Congress charge is a misdemeanor that carries a punishment of up to one year in jail and a maximum $100,000 fine if convicted.

Burchett, however, told reporters he was not confident that the Department of Justice (DOJ) would pursue such a referral.

‘I’ve been really disappointed in our Justice Department, so I would hope that maybe they’re making some changes over there,’ Burchett said.

The former first couple were two of 10 people who Comer initially subpoenaed in the House’s Epstein investigation after a unanimous bipartisan vote directed him to do so last year. Fox News Digital was first to report on the subpoenas in August.

Clinton was known to be friendly with the late pedophile before his federal charges but was never implicated in any wrongdoing related to him.

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Pinnacle Provides Progress Update for El Potrero Gold-Silver Project

(TheNewswire)

Pinnacle Silver and Gold Corp.

‘2025 was a pivotal year for Pinnacle with the rapid progress towards production on the Potrero project,’ stated Robert Archer, Pinnacle’s President & CEO.  ‘After only 10 months on the project, we have established a substantial high-grade epithermal gold-silver system and are ready to initiate underground delineation drilling to be followed by surface drilling to fill in gaps and test new targets.  Metallurgical test work is continuing, and discussions are progressing for an offtake agreement to secure production financing.  Project evaluations are also ongoing, with the goal of making another acquisition this year.  We look forward to continued progress through 2026 and to keeping shareholders up to date on the company’s development.’

HIGHLIGHTS OF WORK COMPLETED IN 2025:

Geological Model

The El Potrero Project contains a low-sulphidation epithermal gold-silver system that has been traced for more than 1,600 metres along strike and 500 metres in width in the northern part of the property.  This type of deposit is common throughout the Sierra Madre of western Mexico and includes many significant mines.  The veins at El Potrero exhibit many of the same features that are characteristic of this type of deposit, yet the project has not been systematically explored and has always been privately owned.  

Pinnacle’s geological team has been conducting extensive and systematic surface and underground mapping and sampling comprising 1,196 samples in 2025.  This has included the definition of other veins such as El Capulin and La Estrella that not only expand the mineralizing system laterally but potentially have more vertical continuity.

Overall, this work has not only confirmed the geological model but is ongoing in developing a detailed understanding of grade distribution and exploration potential that is so important to future targeting for drilling and resource development.  Gold-silver mineralization of potentially economic grades in vein deposits typically occurs in pockets or zones, called ‘clavos’ in Mexico, and the detailed sampling has aided in defining these within the historic mine workings on the property.  Drilling will further define their size, shape, and overall grade.

 

High Gold and Silver Grades

One feature of low sulphidation epithermal deposits is that the grades can be locally very high.  El Potrero displays this characteristic with individual underground channel samples grading up to 85.1 g/t Au and 520 g/t Ag, while surface sampling returned similar gold values but higher silver grades up to 2,280 g/t Ag (see table below).  Diamond drilling, more sampling, and mineralogical work will be necessary to determine if this indicates a vertical zonation of silver or simply a surficial feature.

Select High-Grade Gold-Silver Results from 2025 Sampling at El Potrero

 

Au g/t

Ag g/t

Length (m)

Surface

13.2

2,280

0.3

 

9.9

1,444

0.35

 

36.4

1,029

1.4

 

37.4

755

1.2

Underground

50.3

269

1.7

 

34.6

221

1.0

 

15.6

222

1.1

 

Metallurgical Testing

A key component of moving towards production is the determination of a deposit’s metallurgy.  As such, three samples were taken from underground at the historic Pinos Cuates mine, the central of the three main mines on the Dos de Mayo structure, and sent to SGS Durango for preliminary test work.  The samples were prepped and assayed then underwent grinding and gravity separation tests, and bottle roll leaching.  Given that these were preliminary tests, there was no optimization, yet the results from leach tests indicated gold recoveries ranging from 92.81% to 96.79% and averaging 95.09%.  Silver recoveries were lower and more variable, due to more complex mineralogy, and ranged from 41.41% to 73.53%, averaging 54.68%.  Mineralogical studies and further optimization will be required to obtain consistently higher silver recoveries.

While the results of gravity separation tests were variable, they did indicate that this method would be useful in extracting some of the gold prior to leaching.  Further studies will be conducted on this.

Processing Plant

The processing plant on site was built in the late 1980’s but only operated for a few months, apparently for reasons other than operational ones, and has been idle ever since.  It is estimated to be capable of processing about 100 tonnes per day utilising crushing, milling, vat leach and Merrill Crowe circuits, but will need new equipment.  Pinnacle has cleaned up the plant site and surrounding infrastructure and conducted a preliminary assessment of the cost to rebuild the plant and install a dry-stack tailings facility.  These estimates will be updated based upon the ongoing metallurgical testing and announced in due course.

Strengthening In-Country Management

The success of any company and project ultimately comes down to the people and, to that end, Pinnacle hired Carlos Castro Villalobos as Project Manager and Jorge Ortega, P.Geo. as Project Manager and Exploration Manager, respectively.  Ing. Castro is a highly experienced Mining Engineer, having built and operated mines for several companies throughout Mexico, including seven years as General Manager of the Guanajuato Mine for Great Panther Silver.  Mr. Ortega is currently the Qualified Person (QP) for the project but was also previously Exploration Manager for Great Panther and VP Exploration for Excellon Resources.

The extensive experience of these two gentlemen, in addition to the geological team on site, will guide the technical success of the project.  In addition, the fact that Pinnacle has a 100% Mexican team in-country goes a long way to ensuring strong relationships with local communities and government officials that are so important in obtaining and maintaining a social license.

Community Relations

Although the historic mines and the plant sit on private property, portions of the project are on ejido land.  While Pinnacle has not yet conducted any work on those surrounding areas, preliminary discussions have been held with local communities in order to ensure strong positive relationships and formalize long-term access agreements.  As the geological team is already living in a local small community and the company employs local workers, the communities are very supportive.  One of those communities is Topia, a mining town and staging ground for Pinnacle.  Not only is that community very supportive of mining but it is an excellent source of supplies, equipment, contractors and skilled labour.

Permitting

The permitting environment in Mexico has improved significantly in the last year.  Other mining companies with advanced stage projects are now getting permitted and government departments are clearing the backlog of applications.  To this end, Pinnacle has already conducted meetings with SEMARNAT, the federal environmental ministry, CONAGUA, the federal water agency, and CFE, the federal electrical commission, and preliminary submissions have been made towards obtaining various permits that will be required as the project progresses. To date, we continue to have a constructive dialogue towards positive permitting decisions as this is a complex and iterative process.

LiDAR Survey

Pinnacle recently conducted an airborne LiDAR survey across the entire 11 km2 property, from which 64 adits, 6 shafts and 51 prospecting pits were interpreted by a leading consultant in this field.  While many of these lie along the Dos de Mayo vein structure in the northern 10% of the property, confirming the trend, most of the remainder lie on the other 90% that has yet to be explored.  This underscores the prospectivity of the project and has highlighted a number of areas that we will explore this year to determine whether they have the potential for an incremental addition to vein-type mineralization or if they represent a new style of mineralization altogether.

UPCOMING WORK AND CATALYSTS FOR 2026

Despite having had the property for less than a year, we have sufficient information from the detailed and systematic sampling of the historic mines to launch an underground definition drilling program on known zones of gold-silver mineralization.  Contractors were on site last week to assess the conditions of the mine workings in order to prepare proposals for the work.  Priority is being given to delineation drilling of mineralized zones on the Dos de Mayo vein structure that will lead to a preliminary mine plan.

It is anticipated that the preparatory work necessary to enlarge the drill stations will begin in early February with drilling to follow once the sites are prepared and secured from a safety perspective.  The first phase of this work will comprise approximately 1,100 meters in about 50 holes, with each hole being in the range of 20-25 metres in length.  Beyond that, step-out holes will be prioritized based upon their potential to add resources that could be quickly developed in a production scenario.

Surface drilling will be initiated as soon as permits are in place.  Holes will be drilled to fill in gaps in the Dos de Mayo vein that cannot be reached from underground, to step out along strike on the Dos de Mayo vein, and to test the Capulin and Estrella veins.  Surface mapping, sampling and prospecting will be continued within this area and a new crew is being hired to follow up on the numerous targets interpreted from the LiDAR survey.

Seven more samples have been taken for continued metallurgical testing.  Based upon the first round of testing, mineralogical tests will be conducted to determine the silver minerals in particular, the tails from gravity separation will be leached this time, with gold recoveries from the two processes added together, and various other aspects of the process will be optimized with the aim of improving recoveries, even though gold recoveries are already anticipated to be in the 95% range.

Discussions with, and submissions to SEMARNAT, CONAGUA and CFE are continuing with the aim of first obtaining a permit for surface drilling, to be followed by additional permits as required for underground development and plant reconstruction.

Discussions are also being held with local communities to obtain formal long-term access agreements for portions of the property that have not yet been explored.

QA/QC

The technical results contained in this news release have been reported in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects (‘NI 43-101’).  Pinnacle has implemented industry standard practices for sample preparation, security and analysis given the stage of the Project.  This has included common industry QA/QC procedures to monitor the quality of the assay database, including inserting certified reference material samples and blank samples into sample batches on a predetermined frequency basis.

Systematic chip channel sampling was completed across exposed mineralized structures using a hammer and maul.  The protocol for sample lengths established that they were not longer than two metres or shorter than 0.3 metres.  The veins tend to be steeply dipping to vertical, and so these samples are reasonably close to representing the true widths of the structures.  Samples were collected along the structural strike or oblique to the main structural trend.  Grab samples, by their nature, are only considered as indicative of local mineralization and should not be considered as representative.

All samples were bagged in pre-numbered plastic bags; each bag had a numbered tag inside and were tied off with adhesive tape and then bulk bagged in rice bags in batches not to exceed 40 kg.  They were then numbered, and batch bags were tied off with plastic ties and delivered directly to the SGS laboratory facility in Durango, Mexico for preparation and analysis.  The lab is accredited to ISO/IEC 17025:2017.  All Samples were delivered in person by the contract geologist who conducted the sampling under the supervision of the QP.

SGS sample preparation code G_PRP89 including weight determination, crushing, drying, splitting, and pulverizing was used following industry best practices where all samples were crushed to 75% less than 2 mm, riffle split off 250 g, pulverized split to >85% passing 75 microns (μm).  All samples were analyzed for gold using code GA_FAA30V5 with a Fire Assay determination on 30g samples with an Atomic Absorption Spectography finish.  An ICP-OES analysis package (Inductively Coupled Plasma – Optical Emission Spectrometry) including 33 elements and 4-acid digestion was performed (code GE_ICP40Q12) to determine Ag, Zn, Pb, Cu and other elements.

Qualified Person

Mr. Jorge Ortega, P. Geo, a Qualified Person as defined by National Instrument 43-101, and the author of the NI 43-101 Technical Report for the Potrero Project, has reviewed, verified and approved for disclosure the technical information contained in this news release.

About the Potrero Property

El Potrero is located in the prolific Sierra Madre Occidental of western Mexico and lies within 35 kilometres of four operating mines, including the 4,000 tonnes per day (tpd) Ciénega Mine (Fresnillo), the 1,000 tpd Tahuehueto Mine (Luca Mining) and the 250 tpd Topia Mine (Guanajuato Silver).

High-grade gold-silver mineralization occurs in a low sulphidation epithermal breccia vein system hosted within andesites of the Lower Volcanic Series and has three historic mines along a 500 metre strike length.  The property has been in private hands for almost 40 years and has never been systematically explored by modern methods, leaving significant exploration potential.

A previously operational 100 tpd plant on site can be refurbished / rebuilt and historic underground mine workings rehabilitated at relatively low cost in order to achieve near-term production once permits are in place. The property is road accessible with a power line within three kilometres.  

Pinnacle will earn an initial 50% interest immediately upon commencing production.  The goal would then be to generate sufficient cash flow with which to further develop the project and increase the Company’s ownership to 100% subject to a 2% NSR.  If successful, this approach would be less dilutive for shareholders than relying on the equity markets to finance the growth of the Company.

About Pinnacle Silver and Gold Corp.

Pinnacle is focused on the development of precious metals projects in the Americas.  The high-grade Potrero gold-silver project in Mexico’s Sierra Madre Belt hosts an underexplored low-sulphidation epithermal vein system and provides the potential for near-term production. In the prolific Red Lake District of northwestern Ontario, the Company owns a 100% interest in the past-producing, high-grade Argosy Gold Mine and the adjacent North Birch Project with an eight-kilometre-long target horizon.  With a seasoned, highly successful management team and quality projects, Pinnacle Silver and Gold is committed to building long-term, sustainable value for shareholders.

 

Signed: ‘Robert A. Archer’

President & CEO

For further information contact:

Email:        info@pinnaclesilverandgold.com

Tel.:  +1 (877) 271-5886 ext. 110

Website: www.pinnaclesilverandgold.com

 

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

   

Copyright (c) 2026 TheNewswire – All rights reserved.

News Provided by TheNewsWire via QuoteMedia

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Apple introduces Apple Creator Studio, an inspiring collection of the most powerful creative apps

Final Cut Pro, Logic Pro, Pixelmator Pro, Motion, Compressor, and MainStage — plus new AI features and premium content in Keynote, Pages, and Numbers — come together in a single subscription

Apple® today unveiled Apple Creator Studio, a groundbreaking collection of powerful creative apps designed to put studio-grade power into the hands of everyone, building on the essential role Mac®, iPad®, and iPhone® play in the lives of millions of creators around the world. The apps included with Apple Creator Studio for video editing, music making, creative imaging, and visual productivity give modern creators the features and capabilities they need to experience the joy of editing and tailoring their content while realizing their artistic vision. Exciting new intelligent features and premium content build on familiar experiences of Final Cut Pro®, Logic Pro®, Pixelmator Pro, Keynote®, Pages®, Numbers®, and later Freeform® to make Apple Creator Studio an exciting subscription suite to empower creators of all disciplines while protecting their privacy.

Final Cut Pro introduces exceptional new video editing tools and intelligent features for Mac and iPad to improve the efficiency of even the most complex workflows. 1 For the first time, Pixelmator Pro is coming to iPad with a uniquely crafted experience that is optimized for touch and Apple Pencil®. 2 Music creation with Logic Pro for Mac and iPad introduces even more intelligent features like Synth Player and Chord ID to inspire anyone to write, produce, and mix a range of popular music. 3 And with Keynote, Pages, Numbers, and Freeform, Apple Creator Studio subscribers can be more expressive and productive with new premium content and intelligent features across Mac, iPad, and iPhone. 4

Apple Creator Studio will be available on the App Store® beginning Wednesday, January 28, for $12.99 per month or $129 per year, with a one-month free trial, and includes access to Final Cut Pro, Logic Pro, and Pixelmator Pro on Mac and iPad; Motion®, Compressor, and MainStage® on Mac; and intelligent features and premium content for Keynote, Pages, Numbers, and later Freeform for iPhone, iPad, and Mac. College students and educators can subscribe for $2.99 per month or $29.99 per year. Alternatively, users can also choose to purchase the Mac versions of Final Cut Pro, Pixelmator Pro, Logic Pro, Motion, Compressor, and MainStage individually as a one-time purchase on the Mac App Store. 5

‘Apple Creator Studio is a great value that enables creators of all types to pursue their craft and grow their skills by providing easy access to the most powerful and intuitive tools for video editing, music making, creative imaging, and visual productivity — all leveled up with advanced intelligent tools to augment and accelerate workflows,’ said Eddy Cue, Apple’s senior vice president of Internet Software and Services. ‘There’s never been a more flexible and accessible way to get started with such a powerful collection of creative apps for professionals, emerging artists, entrepreneurs, students, and educators to do their best work and explore their creative interests from start to finish.’

Video Creation Gets Smarter and Faster

Final Cut Pro for Mac and iPad empowers content creators, video editors, and filmmakers to elevate their projects with intuitive features. One-time-purchase Mac users and Apple Creator Studio subscribers can experience blazing-fast performance with Apple silicon for the most demanding workflows, and get into the creative flow faster than ever with new on-device intelligent features that make video creation effortless and easy.

With Transcript Search on Mac and iPad, users can now easily find the perfect soundbite in hours of footage by simply typing phrases into the search bar to see exact or related results. 6 Video podcasts and interviews can be assembled quickly, eliminating extensive time spent skimming through footage. Looking for a specific video clip also gets an intelligence assist with Visual Search. 7 Now, users can quickly pinpoint exact moments across all footage by searching for an object or action, and then add that visual to their timeline in seconds.

Final Cut Pro for Mac and iPad also makes editing video to the rhythm of music fast and fun with Beat Detection, an amazing new way to see musical beats, bars, and song parts right in the project timeline. Beat Detection uses an AI model from Logic Pro to instantly analyze any music track and display the Beat Grid, so users creating fast-paced videos can quickly and visually align their cuts to the music. Re-editing music tracks to different lengths is also easier than ever.

The new Montage Maker in Final Cut Pro for iPad lets users kick-start their edit in just seconds. Using the power of AI, Montage Maker will analyze and edit together a dynamic video based on the best visual moments within the footage, with the ability to change the pacing, cut to a music track, and intelligently reframe horizontal videos to vertical with Auto Crop to simplify sharing across social platforms.

Apple Creator Studio also unlocks full access to Motion, a powerful motion graphics tool for creating cinematic 2D and 3D effects with intelligent features like Magnetic Mask, which effortlessly isolates and tracks people and objects without a green screen. It also includes Compressor, which integrates with Final Cut Pro and Motion to seamlessly customize output settings for distribution.

Taking Music Creation to the Next Level

A new lineup of features for Logic Pro for Mac and iPad supports musical artists and helps creators deliver original music for their video content as an Apple Creator Studio subscriber or one-time-purchase Mac user. The new tools are sophisticated, intuitive, and intelligent to inspire beat making, songwriting, remixing, and more.

Synth Player joins the AI Session Player lineup, 8 delivering incredible electronic music performances with a diverse range of chordal and synth bass parts — all powered by AI and the advanced software instrument technology of Logic Pro. Using Synth Player is like having access to a skilled synthesist that can instantly take a musical idea in new directions when needed. Developed in-house using Apple’s own team of expert sound designers, Synth Player delivers incredible realism and fidelity fueled by the vast array of software synthesizers and samplers in Logic Pro. And like every AI Session Player, creators can direct Synth Player using intuitive controls for complexity and intensity, while additional parameters unlock access to advanced performance capabilities. Synth Player can also access any third-party plug-in Audio Units, or even control an external hardware synthesizer.

Tapping into the power of AI, Chord ID becomes a personal music theory expert by turning any audio or MIDI recording into a ready-to-use chord progression, eliminating tedious manual transcription and bringing demo ideas to life even faster. Designed to help everyone get the most out of the Session Player experience, Chord ID can analyze complex harmonic content from nearly any recording to automatically populate the chord track in Logic Pro. And since the chord track drives the performances of any AI Session Player, users can quickly audition different players, styles, and genres, allowing them creative freedom to experiment and dial in their favorite vibe.

The new Sound Library in Logic Pro for Mac delivers Apple-designed packs and Producer Packs with hundreds of royalty-free loops, samples, instrument patches, drum sounds, and more. Additionally, Logic Pro for iPad users will now have access to the industry-leading Quick Swipe Comping feature from Logic Pro for Mac, an indispensable tool for vocalists and producers who want to create seamless performances inside or outside the studio.

Logic Pro for iPad also presents Music Understanding features with natural language search in the Sound Browser to help users describe a loop or find similar loops — no tags, guesses, or filters required. AI-based awareness of the massive collection of loops in Logic Pro makes it easy to search either through natural language or a recording to find a similar or complementary loop or sound.

Apple Creator Studio also unlocks access to MainStage, which turns Mac into an instrument, voice processor, or guitar rig. Now, the sound users love in their recording can be the sound their audience hears. Setup is fast, teardown is faster, and everything in between is more reliable.

Creative Imaging Designed for iPad

Pixelmator Pro, the award-winning image editor for Mac, comes with the all-new Apple Creator Studio, bringing an approachable and professional editing experience to even more creators. Pixelmator Pro is packed with powerful image editing tools, empowering Apple Creator Studio subscribers and one-time-purchase Mac users to design, draw, paint, and refine their creative vision, and so much more. For the first time, Pixelmator Pro is coming to iPad, bringing an all-new touch-optimized workspace, full Apple Pencil support, the ability to work between iPad and Mac, and all of the powerful editing tools users have come to appreciate on Mac. Pixelmator Pro for iPad offers fast and efficient image editing, leveraging the blazing performance of Apple silicon and built from scratch for the latest iPadOS®.

Intuitive touch controls make it even easier to create desktop-class designs wherever users take their iPad. The full-featured Layers sidebar allows creators to build designs using a range of unique elements like images, shapes, text, and even video. Smart selection tools help users isolate and edit specific parts of images effortlessly, and with advanced bitmap and vector masks, users can hide or reveal discrete portions of their designs. The deep integration of hardware, software, and Apple silicon unlocks features like Super Resolution for intelligently upscaling photos, Deband for removing compression artifacts, and automatic composition suggestions with Auto Crop. With full support for Apple Pencil, digital artists can enjoy painting in the most natural way with a beautiful collection of pressure-sensitive brushes. And unmatched Apple Pencil precision — combined with features like hover, 9 squeeze, 10 and double-tap 11 — gives creators the ability to craft pixel-perfect designs.

Additionally, for Apple Creator Studio subscribers, both Pixelmator Pro for Mac and iPad bring a powerful new Warp tool for twisting and shaping layers any way creatives can imagine, alongside a beautiful collection of Warp-powered product mockups.

Supercharging Visual Productivity

For more than 20 years, Apple’s visual productivity apps have empowered users to express themselves with beautiful presentations, documents, and spreadsheets using Keynote, Pages, and Numbers. And Freeform has brought endless possibilities for creative brainstorming and visual collaboration.

With Apple Creator Studio, productivity gets supercharged with all-new features that bring more intelligence and premium content to creators’ fingertips so they can take their projects to the next level. The Content Hub is a new space where users can find curated, high-quality photos, graphics, and illustrations. A subscription also unlocks new premium templates and themes in Keynote, Pages, and Numbers.

In addition to Image Playground™, advanced image creation and editing tools let users create high-quality images from text, or transform existing images, using generative models from OpenAI. 12 On-device AI models enable Super Resolution to upscale images while keeping them sharp and detailed, and Auto Crop provides intelligent crop suggestions, helping users find eye-catching compositions for photos.

To help users prepare presentations even more quickly in Keynote, Apple Creator Studio includes access to features in beta, such as the ability to generate a first draft of a presentation from a text outline, or create presenter notes from existing slides. Subscribers can also quickly clean up slides to fix layout and object placement. And in Numbers, subscribers can generate formulas and fill in tables based on pattern recognition with Magic Fill.

Keynote, Pages, Numbers, and Freeform will remain free for all users to create, edit, and collaborate with others, including Apple Creator Studio subscribers. These apps will continue receiving updates, with the latest versions adopting the beautiful new visual design language with Liquid Glass on all platforms, and supporting the new windowing and menu bar improvements in iPadOS 26.

Pricing and Availability

  • Education savings are available for college students and educators 15 for $2.99 (U.S.) per month or $29.99 (U.S.) per year.
  • One-time-purchase versions of Final Cut Pro ($299.99 U.S.), Logic Pro ($199.99 U.S.), Pixelmator Pro ($49.99 U.S.), Motion ($49.99 U.S.), Compressor ($49.99 U.S.), and MainStage ($29.99 U.S.) are available on the Mac App Store.
  • Free versions of Keynote, Pages, Numbers, and Freeform continue to be available and are included with every new iPhone, Mac, and iPad.

Apple revolutionized personal technology with the introduction of the Macintosh in 1984. Today, Apple leads the world in innovation with iPhone, iPad, Mac, AirPods, Apple Watch, and Apple Vision Pro. Apple’s six software platforms — iOS, iPadOS, macOS, watchOS, visionOS, and tvOS — provide seamless experiences across all Apple devices and empower people with breakthrough services including the App Store, Apple Music, Apple Pay, iCloud, and Apple TV. Apple’s more than 150,000 employees are dedicated to making the best products on earth and to leaving the world better than we found it.

Footnotes

  1. New subscribers only. Education Savings Plan automatically renews at $2.99 per month or $29.99 per year based on plan selected until cancelled. Offer good for college students and educators only and does not extend to a Family Sharing group. Verification required. Terms apply. Limited-time offer; offer may end at any time.

NOTE TO EDITORS: For additional information visit Apple Newsroom ( www.apple.com/newsroom ), or email Apple’s Media Helpline at media.help@apple.com .

© 2026 Apple Inc. All rights reserved. Apple, the Apple logo, App Store, Apple Intelligence, Apple Pencil, Apple Pencil Pro, Final Cut Pro, Freeform, Image Playground, iPad, iPad Air, iPad mini, iPadOS, iPad Pro, iPhone, Keynote, Logic Pro, Mac, macOS, MainStage, Motion, Numbers, and Pages are trademarks of Apple. Other company and product names may be trademarks of their respective owners.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260113468282/en/

Press Contacts:

NAME: Renee Felton
Apple
rfelton@apple.com

News Provided by Business Wire via QuoteMedia

This post appeared first on investingnews.com
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