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RFK Jr. invokes Democrat father’s words to defend Trump-backed CDC shakeup at Senate hearing

Health Secretary Robert F. Kennedy Jr. cited his father, Robert Kennedy, a former U.S. attorney general and senator from New York, while testifying on Capitol Hill about backlash over the Trump administration’s efforts to reform the Centers for Disease Control and Prevention (CDC).    

The Health and Human Services Department (HHS) head signaled a dramatic course-correction at the CDC several days before the hearing, which came amid reports of the administration’s decision to fire CDC Director Susan Monarez. Monarez’s firing spurred backlash among Democrats who complained that the administration’s efforts to reform the CDC, including through staff and budget cuts, were politicizing public health and undermining scientific integrity.

‘The people at the CDC who oversaw [the COVID-19 mitigation] process, who put masks on our children, who closed our schools, are the people who will be leaving,’ Kennedy said during his opening remarks, shortly after the hearing was briefly interrupted by a heckler. ‘That’s why we need bold, competent, and creative new leadership at CDC. People who are able to and willing to chart a new course.’

‘As my father once said, ‘Progress is a nice word, but change is its motivator. And change has its enemies.” The health secretary, who is also the nephew of former President John F. Kennedy, continued: ‘That’s why we need new blood at CDC.’

Thursday’s brief moment when Kennedy invoked his father, who was shot and killed while serving as a U.S. senator in 1968, would not be the first time the Kennedy family has been invoked in the health secretary’s approach to governing. In the lead-up to President Donald Trump’s 2024 election victory, Robert F. Kennedy Jr.’s sister, Kerry Kennedy, slammed him for supporting Trump and ‘desecrat[ing] and trampl[ing] and set[ting] fire’ to their dad’s memory.

The quote from RFK Jr.’s father comes from a speech he made to the United States Conference of Mayors in Chicago in 1963. The remarks came while he was serving as attorney general under former Democratic Party president Lyndon B. Johnson. 

Kennedy’s speech in Chicago discussed contemporary economic stresses and poverty in the early 1960s, noting they had resulted in an ‘unwanted stockpile of idle youth,’ according to a copy of the speech shared by the Department of Justice (DOJ). The then-attorney general suggested the issue was exacerbated by a lack of equal access to education, vocation training and poor housing that was occurring at the time.

‘The hardest task is to appoint and incorporate in our work a group of men and women with the power and willingness to look at our community difficulties, dissect them, criticize areas of shortcoming, and make meaningful suggestion,’ Kennedy said during his speech to the conference of mayors. ‘Sometimes, too, it is hard to accept that sort of recommendation. For, sometimes, it carries with it announced or implied criticism of programs that have failed us in the past. Change means that someone’s professional feathers will be ruffled, that a glass-topped desk might be moved to another office or abandoned, that pet programs might die.’

‘Progress is the nice word we like to use. But change is its motivator. And change has its enemies,’ Kennedy continued. ‘The willingness to confront that change will determine how much we shall really do for our youth and how truly meaningful our efforts will be.’

Amid the CDC shakeup being spearheaded by RFK Jr., over 1,000 current and former federal health officials penned a letter this week calling for the HHS secretary’s resignation, arguing he is ‘endanger[ing] the nation’s health.’ Following Monarez’s ouster, several other top CDC officials resigned in protest of the Trump administration’s policies on public health.

Meanwhile, Kennedy penned an op-ed earlier this week in the Wall Street Journal echoing his Thursday remarks on Capitol Hill that the changes coming to the CDC are restoring confidence in an agency that lost the public’s trust due to its response to the COVID-19 virus.

‘Most CDC rank-and-file staff are honest public servants,’ the health secretary wrote. ‘Under this renewed mission, they can do their jobs as scientists without bowing to politics.’

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Severe Secret Service sniper shortage leaves US leaders vulnerable, watchdog warns

The Secret Service’s counter sniper team is understaffed, jeopardizing the safety of U.S. leaders like the president, according to a new inspector general report. 

The report comes just over one year after the counter sniper team took out the gunman who opened fire on President Donald Trump in July 2024 in Butler, Pennsylvania, and as the agency has ushered in a series of reforms in response to the assassination attempt. 

The Department of Homeland Security Inspector General determined that the Secret Service’s counter sniper team is staffed 73% below the level necessary to meet mission requirements and does not have an adequate pipeline to hire more. 

‘Failure to appropriately staff CS could limit the Secret Service’s ability to properly protect our Nation’s most senior leaders, risking injury or assassination, and subsequent national-level harm to the country’s sense of safety and security,’ the report, was released Friday, states.

Meanwhile, demand for snipers is up. Events the sniper team supported increased by 151% from calendar year 2020 to 2024, even though staffing only increased 5% over that span, according to the report. 

As a result, the watchdog recommended that the agency execute a plan to beef up staffing to meet the counter sniper staffing requirements. The Secret Service concurred, per the report. 

Fox News Digital reached out to the Secret Service for comment and has not yet received a reply. 

Meanwhile, the agency has already spearheaded a series of reforms after the assassination attempt against Trump in 2024 in Butler, Pennsylvania. 

For example, a bipartisan House task force that investigated the attack found that the attempted assassination was ‘preventable’ and concluded various mistakes were not an isolated incident.

Among the mistakes found, the report concluded that the Secret Service did not secure a ‘high-risk area’ next to the rally, the American Glass Research (AGR) grounds and building complex. 

Failure to secure this area ‘eventually allowed Crooks to evade law enforcement, climb on and traverse the roof of the AGR complex, and open fire.’

Former Secret Service acting director Ronald Rowe told lawmakers in December 2024 that immediate changes to the agency after the Pennsylvania assassination attempt included expanding the use of drones for surveillance purposes and incorporating greater counter-drone technology to mitigate kinetic attacks from other drones. 

The agency also overhauled its radio communications networks and interoperability of those networks with Secret Service personnel and state and local law enforcement officers, Rowe told the lawmakers. 

‘The reforms made over this last year are just the beginning, and the agency will continue to assess its operations, review recommendations and make additional changes as needed,’ the Secret Service said in a news release in July. 

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RFK Jr. defends firing spree at CDC, vows ‘new blood’ at agency

Health and Human Services Secretary Robert F. Kennedy Jr. defended the Trump administration’s firing spree at the Centers for Disease Control and Prevention, promising ‘new blood’ will soon take over the agency.

‘America is home to 4.2% of the world’s population, yet we had nearly 20% COVID deaths,’ Kennedy said Thursday in front of the Senate Finance Committee. ‘We literally did worse than any country in the world.’

Kennedy said CDC leaders ‘who oversaw that process, who put masks on our children, who closed our schools, are the people who will be leaving.’

‘And that’s why we need bold, competent and creative new leadership at CDC,’ he continued. ‘People are able and willing to chart a new course. As my father once said, progress is a nice word, a change that’s a motivator. And change has its enemies. That’s why we need new blood at the CDC.’

Kennedy testified before the committee hearing, which focused on President Donald Trump’s healthcare agenda and vaccine guidance. Senate Democrats grilled Kennedy on his moves to limit access to COVID-19 shots for children, his dismissal of health officials, and his ties to figures who have questioned the safety of mRNA vaccines.

In recent months, the Trump administration has carried out a sweeping shake-up inside the CDC and federal health agencies. All 17 members of the CDC’s Advisory Committee on Immunization Practices were dismissed in June, and CDC Director Susan Monarez was fired in August. Kennedy has repeatedly argued the changes are necessary to restore public trust in health guidance.

Monarez, who had been in the position for less than a month after earning Senate confirmation, said in an op-ed that Kennedy and his aides told her she must either step down or face dismissal. She wrote that she was instructed to ‘pre-approve the recommendations of a vaccine advisory panel newly filled with people who have publicly expressed anti-vaccine rhetoric.’

During the pandemic, the CDC recommended vaccines for children as young as six months and for pregnant women to help pass immunity to newborns, while older children were required to wear masks in schools and daycares.

For many, former National Institutes of Health Director Anthony Fauci’s shifting mask guidance became one of the most controversial flashpoints of the pandemic. In early 2020, he discouraged Americans from wearing masks, citing supply shortages and limited evidence of asymptomatic spread. Weeks later, the CDC reversed course and urged cloth mask use nationwide. Fauci later said the mixed messaging ‘fooled’ the public and fueled mistrust.

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Charbone Hydrogene acquiert des actifs de production d’hydrogene et cloture une premiere tranche d’un financement par placement prive de 1 M$

(TheNewswire)

Charbone Hydrogen Corporation

Brossard (Québec), le 4 septembre 2025 TheNewswire – CORPORATION CHARBONE HYDROGÈNE (TSXV: CH,OTC:CHHYF OTCQB: CHHYF, FSE: K47 ) (« Charbone » ou la « Société »), une compagnie spécialisée dans la production et la distribution d’hydrogène vert, est heureuse d’annoncer la signature, le 4 septembre 2025, d’une convention d’achat d’actifs visant l’acquisition d’équipements opérationnels de production et de ravitaillement en hydrogène au Québec. Cette acquisition stratégique permettra à Charbone d’accélérer la mise en service de la phase 1 de son usine phare de Sorel-Tracy et de produire et livrer ses premières ventes d’hydrogène industriel de haute pureté (UHP) au cours du prochain trimestre.

Les équipements, seront démantelés, convertis et relocalisés à Sorel-Tracy.

Cette transaction fait suite à la signature par Charbone d’ une facilité de capital de construction non dilutive de 50 millions USD annoncée le 1er mai et 4 juin 2025. Bien que cette facilité soit destinée à un financement de projet plus large plutôt qu’à cet achat d’équipements, elle démontre la position de capital renforcée de Charbone et sa capacité à étendre son plan de développement global.

Points saillants pour les investisseurs clés

  • Échéancier accéléré : La réutilisation des équipements en opération réduit les coûts d’installation des nouveaux équipements — permettant une production d’ici le début du T4 2025

  • Processus de sélection : Charbone a été sélectionné comme acheteur de l’équipement en échange de 1 M$ en actions de Charbone dans le cadre d’une partie du prix d’achat à un prix d’émission égal au cours du marché des actions de Charbone à la Bourse de croissance TSX à la date effective, plus la balance en espèces payable en 3 tranches, avec un tiers du paiement à la date effective et le reste payé sur deux ans — préservant la trésorerie pour la croissance.

  • Progrès opérationnels : Le raccordement au réseau est complété; Hydro-Québec a installé le compteur d’énergie le 22 juillet et complété l’interconnexion le 13 août, tandis que la Ville de Sorel-Tracy a complété le raccordement d’eau à son réseau principal, fournissant ainsi au site les deux éléments nécessaires à la production d’hydrogène.

Détails du placement privé

Par ailleurs, Charbone est heureuse d’annoncer la clôture séquentielle de son placement privé sans intermédiaire de 1 M$ (le « placement d’actions »). La Société a déjà obtenu 0,5 M$ pour accélérer l’achèvement de son usine phare de production d’hydrogène vert à Sorel-Tracy, au Québec.

  • La première tranche comprenait l’émission de 7 699 666 unités. Une deuxième tranche, portant sur les 0,5 M$ restants, devrait être clôturée d’ici le 15 octobre 2025.

  • Le produit de l’émission d’actions sera principalement affecté à l’achat par la Société des équipements d’hydrogène , à la réinstallation sur le site de Sorel-Tracy, au développement des infrastructures et aux besoins généraux en fonds de roulement.

  • La clôture de l’offre d’actions demeure soumise à l’approbation de la Bourse de croissance TSX et à d’autres conditions de clôture habituelles. La Société pourrait clôturer une deuxième tranche dans les prochains jours, mais au plus tard le 15 octobre 2025. Tous les titres émis dans le cadre de l’offre sont assujettis à une période de détention légale de quatre mois et un jour au Canada après la date de clôture

  • Ce communiqué de presse ne constitue pas une offre de vente ni une sollicitation d’une offre d’achat, et aucune valeur mobilière ne peut être vendue dans une juridiction dans laquelle une telle offre, sollicitation ou vente serait illégale, y compris l’intégralité des valeurs mobilières aux États-Unis d’Amérique. Les valeurs mobilières n’ont pas été et ne seront pas enregistrées en vertu du United States Securities Act de 1933, tel que modifié (la « Loi de 1933 »), ou de toute autre loi sur les valeurs mobilières, et ne peuvent être offertes ou vendues aux États Unis ou à des, ou pour le compte ou au profit de, ‘U.S. Persons’ (telles que définies dans la « Regulation S » de la Loi de 1933), à moins qu’elles ne soient enregistrées en vertu de la Loi de 1933 et des lois applicables sur les valeurs mobilières, ou qu’une dispense de telles exigences d’enregistrement ne soit disponible. Le texte du communiqué issu d’une traduction ne doit d’aucune manière être considéré comme officiel. La seule version du communiqué qui fasse foi est celle du communiqué dans sa langue d’origine. La traduction devra toujours être confrontée au texte source, qui fera jurisprudence.

Commentaire du PDG

‘Les investisseurs ont attendu que Sorel-Tracy passe du développement à la production de revenus,’ a déclaré Dave Gagnon, Président et Chef de la direction de Charbone. ‘ En réutilisant des équipements éprouvés — et ce à moindre coût que de nouvelles installations — et en structurant l’opération pour préserver la trésorerie, nous entrons en mode d’exécution avec un soutien en capital solide et une dilution minimale. Il continue; Cette acquisition nous permet de fournir de l’hydrogène vert et de haute pureté (UHP) à nos clients industriels plus rapidement et avec de bons équipements d’exploitation dans leurs catégories. ‘

Pourquoi c’est important

Cette acquisition marque un tournant pour Charbone : après des années de développement, l’entreprise est en mesure de générer ses premiers revenus liés à l’hydrogène, de tirer parti d’un capital non dilutif pour évoluer et de saisir les avantages d’être pionnier sur le marché nord-américain de l’hydrogène vert.

À propos de Corporation Charbone Hydrogène

Charbone est une entreprise intégrée spécialisée dans l’hydrogène ultrapur (UHP) et la distribution stratégique de gaz industriels en Amérique du Nord et en Asie-Pacifique. Elle développe un réseau modulaire de production d’hydrogène vert tout en s’associant à des partenaires de l’industrie pour offrir de l’hélium et d’autres gaz spécialisés sans avoir à construire de nouvelles usines coûteuses. Cette stratégie disciplinée diversifie les revenus, réduit les risques et augmente sa flexibilité. Le groupe Charbone est coté en bourse en Amérique du Nord et en Europe sur la bourse de croissance TSX (TSXV: CH,OTC:CHHYF); sur les marchés OTC (OTCQB: CHHYF); et à la Bourse de Francfort (FSE: K47). Pour plus d’informations, visiter www.charbone.com .

Énoncés prospectifs

Le présent communiqué de presse contient des énoncés qui constituent de « l’information prospective » au sens des lois canadiennes sur les valeurs mobilières (« déclarations prospectives »). Ces déclarations prospectives sont souvent identifiées par des mots tels que « a l’intention », « anticipe », « s’attend à », « croit », « planifie », « probable », ou des mots similaires. Les déclarations prospectives reflètent les attentes, estimations ou projections respectives de la direction de Charbone concernant les résultats ou événements futurs, sur la base des opinions, hypothèses et estimations considérées comme raisonnables par la direction à la date à laquelle les déclarations sont faites. Bien que Charbone estime que les attentes exprimées dans les déclarations prospectives sont raisonnables, les déclarations prospectives comportent des risques et des incertitudes, et il ne faut pas se fier indûment aux déclarations prospectives, car des facteurs inconnus ou imprévisibles pourraient faire en sorte que les résultats réels soient sensiblement différents de ceux exprimés dans les déclarations prospectives. Des risques et des incertitudes liés aux activités de Charbone peuvent avoir une incidence sur les déclarations prospectives. Ces risques, incertitudes et hypothèses comprennent, sans s’y limiter, ceux décrits à la rubrique « Facteurs de risque » dans la déclaration de changement à l’inscription de la Société datée du 31 mars 2022, qui peut être consultée sur SEDAR à l’adresse www.sedar.com; ils pourraient faire en sorte que les événements ou les résultats réels diffèrent sensiblement de ceux prévus dans les déclarations prospectives.

Sauf si les lois sur les valeurs mobilières applicables l’exigent, Charbone ne s’engage pas à mettre à jour ni à réviser les déclarations prospectives.

Ni la Bourse de croissance TSX ni son fournisseur de services de réglementation (tel que ce terme est défini dans les politiques de la Bourse de croissance TSX) n’acceptent de responsabilité quant à la pertinence ou à l’exactitude du présent communiqué.

Pour contacter Corporation Charbone Hydrogène :

Téléphone bureau: +1 450 678 7171

Courriel: ir@charbone.com

Benoit Veilleux

Chef de la direction financière et secrétaire corporatif

Copyright (c) 2025 TheNewswire – All rights reserved.

News Provided by TheNewsWire via QuoteMedia

This post appeared first on investingnews.com
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Charbone Hydrogen is Acquiring Hydrogen Production Assets and Closing a First Tranche of $1M Private Placement Financing

(TheNewswire)

Charbone Hydrogen Corporation

Brossard, Quebec, September 4, 2025 TheNewswire – Charbone Hydrogen Corporation (TSXV: CH,OTC:CHHYF; OTCQB: CHHYF; FSE: K47) (the ‘Company’ or ‘CHARBONE ‘), a company focused on green hydrogen production and distribution, is pleased to announce it has signed, on September 4, 2025, an Asset Purchase Agreement to acquire operational hydrogen production and refuelling equipment in Quebec. The strategic acquisition will enable CHARBONE to fast-track the commissioning of CHARBONE’s flagship Sorel-Tracy facility phase 1 and empower CHARBONE to produce and deliver first industrial high purity hydrogen (UHP) sales in the upcoming quarter.

The equipment, currently in use will be dismantled, repurposed and relocated to Sorel-Tracy .

This transaction follows CHARBONE’s signing of a non-dilutive USD 50 million construction capital facility announced on May 1 and June 4, 2025. While this facility is earmarked for broader project financing rather than this equipment purchase, it demonstrates CHARBONE’s strengthened capital position and ability to scale up its overall development plan.

Key Investor Highlights

  • Accelerated Timeline : Repurposing Harnois’ proven operating equipment reduces installation costs of new equipment — enabling production by early Q4 2025

  • Selection Process : CHARBONE has been selected as the buyer of the equipment by accepting $1M in CHARBONE stock as part of a portion of the purchase price at an issue price equal to the market price of CHARBONE’s shares on the TSX Venture Exchange on the effective date plus a cash balance payable in 3 tranches payment , with one-third payment on the effective date and the remaining paid over two years — preserving cash for growth.

  • Operational Progress : Grid connection is completed; Hydro-Québec installed the energy meter on July 22, and completed the interconnection on August 13, while the Town of Sorel-Tracy completed the water connection to its main system, providing the site with the two elements needed for hydrogen production.

Private Placement Details

Additionally, CHARBONE is pleased to announce the sequential closings of its $1M non-brokered private placement (the ‘Equity Offering’). The Company has already secured $0.5 million to accelerate the completion of its flagship green hydrogen production facility in Sorel-Tracy, Quebec.

  • The initial tranche involved the issuance of 7,699,666 units. A second tranche for the remaining $0.5M is expected to close by October 15, 2025.

  • The proceeds from the Equity Offering will be primarily allocated to the Company’s purchase of the operating hydrogen equipment from Harnois, re-installation at the Sorel-Tracy site, and infrastructure development, and general working capital requirements.

  • The closing of the Equity Offering remains subject to the approval of the TSX Venture Exchange and other customary closing conditions. The Company may close a second tranche in the coming days, but no later than October 15, 2025.  All securities issued under the Offering are subject to a statutory four-month and one-day hold period in Canada following the Closing Date

  • This news release does not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of securities in any jurisdiction where such offer, solicitation, or sale would be unlawful, including in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the 1933 Act ‘) or any applicable state securities laws and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. Persons (as defined in Regulation S under the 1933 Act) unless registered under the 1933 Act and relevant state laws, or if an exemption from registration is available

CEO Comment

‘Investors have waited for Sorel-Tracy to move from development to revenue,’ said Dave Gagnon, President and CEO of CHARBONE. ‘By repurposing proven equipment — at a lower cost of a new build — and structuring the deal to preserve cash, we’re entering execution mode with strong capital backing and minimal dilution. He continues; This acquisition positions us to deliver green and high purity hydrogen (UHP) to our industrial customers quicker, and with best-in-class operating equipment. ‘

Why This Matters

This acquisition signals a turning point for CHARBONE: after years of development, the company is positioned to deliver its first hydrogen revenues, leverage non-dilutive capital to scale, and capture early-mover advantages in the North American green hydrogen market.

About Charbone Hydrogen CORPORATION

CHARBONE is an integrated company specialized in Ultra High Purity (UHP) hydrogen and the strategic distribution of industrial gases in North America and the Asia-Pacific region. It is developing a modular network of green hydrogen production while partnering with industry players to supply helium and other specialty gases without the need to build costly new plants. This disciplined strategy diversifies revenue streams, reduces risks, and increases flexibility. The CHARBONE group is publicly listed in North America and Europe on the TSX Venture Exchange (TSXV: CH), the OTC Markets (OTCQB: CHHYF), and the Frankfurt Stock Exchange (FSE: K47). For more information, visit www.charbone.com .

Forward-Looking Statements

This news release contains statements that are ‘forward-looking information’ as defined under Canadian securities laws (‘forward-looking statements’). These forward-looking statements are often identified by words such as ‘intends’, ‘anticipates’, ‘expects’, ‘believes’, ‘plans’, ‘likely’, or similar words. The forward-looking statements reflect management’s expectations, estimates, or projections concerning future results or events, based on the opinions, assumptions and estimates considered reasonable by management at the date the statements are made. Although Charbone believes that the expectations reflected in the forward-looking statements are reasonable, forward-looking statements involve risks and uncertainties, and undue reliance should not be placed on forward-looking statements, as unknown or unpredictable factors could cause actual results to be materially different from those reflected in the forward-looking statements. The forward-looking statements may be affected by risks and uncertainties in the business of Charbone. These risks, uncertainties and assumptions include, but are not limited to, those described under ‘Risk Factors’ in the Corporation’s Filing Statement dated March 31, 2022, which is available on SEDAR at www.sedar.com; they could cause actual events or results to differ materially from those projected in any forward-looking statements.

Except as required under applicable securities legislation, Charbone undertakes no obligation to publicly update or revise forward-looking information.

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

Contact Charbone Hydrogen Corporation

Telephone: +1 450 678 7171

Email: ir@charbone.com

Benoit Veilleux

CFO and Corporate Secretary

Copyright (c) 2025 TheNewswire – All rights reserved.

News Provided by TheNewsWire via QuoteMedia

This post appeared first on investingnews.com
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Freegold Continues to Intersect Higher-Grade in WOW Zone Intersecting 2.31 g/t Au over 65.4m

Freegold Ventures Limited (TSX: FVL) (OTCQX: FGOVF) is pleased to report results from the first five (5) drill holes at Golden Summit which represents all assays received. The 2025 drilling program aims to upgrade inferred mineral resources to indicated resources through targeted infill drilling, geotechnical drilling, and metallurgical test holes.

Highlights: WOW Zone continues to demonstrate higher grade potential

• GS2502

4.28 g/t Au over 28.7m
4.20 g/t Au over 9m

• GS2505

2.31 g/t Au over 65.4m

2025 PROGRAM

  • Drilling is underway with four rigs
  • Conversion of inferred resources into indicated & further exploration drilling and geotechnical drilling.
  • 5TH Rig to commence drilling mid-September
  • 29 holes (18,361m) completed to date:
  • Ongoing metallurgical work, focusing on flowsheet optionality with sulphide oxidation is a key part of our strategy to maximize the potential of the resource.

29 holes (18,361m) have been completed, and four drill holes are in progress. Two large-diameter core holes (PQ) were drilled for further metallurgical testing. Geotechnical drilling, along with geochemical and metallurgical testing, is being carried out to enhance processing techniques.

In preparation for the upcoming planned pre-feasibility study, other site activities include:

  • Installing vibrating wire piezometers (VWPs) to monitor groundwater levels and gradients in drill holes.
  • Collecting surface water samples.
  • Planning mammal and habitat surveys to establish baseline data.
  • Performing cultural resource studies, including paleontological assessments, for review by the State Historic Preservation Office (SHPO) and federal agencies, with mitigation plans developed as necessary.
  • Mapping and evaluating wetlands to create and mitigation plan if necessary.
  • Continuing geological mapping and identifying additional exploration targets for further refinement.

Metallurgical testing is currently underway at BaseMet Labs in Kamloops, BC. A new master composite, consisting of over 1,500 kg of material sourced from 12 drill holes, has been prepared.

The main objectives of the 2025 program using this new master composite are as follows:

  • Confirming the metallurgical response of the Golden Summit resource by using a sample that incorporates a larger spatial and volumetric representation of material.

Begin optimizing the key economic drivers of the process flowsheet design, which includes:

  • Determining the optimal primary grinding size and evaluating gravity and flotation recoveries.
  • Improving the cleaner flotation concentrate grade and recovery.
  • Producing a sufficient quantity of sulfide concentrate to conduct optimisation of oxidation tests using three commercially available processes that have proven effective for Golden Summit material. These processes are:
    • Pressure Oxidation – POX CIL TESTWORK TO DATE OVER 92%
    • Biox – BIOX CIL TESTWORK TO DATE OVER 91%
    • Albion – ALBION PROCESS™ OXIDATION-CIL OVER 93%
  • Further investigating and characterizing the environmental impact of flowsheet products and tailings.

Two holes from the 2025 drill program, designated as PQ core GS2507 and GS2512, have been received at BaseMet and will be integrated into the ongoing PQ core test program once assays are received. This program aims to evaluate the comminution parameters of the Golden Summit deposit across various lithologies, alteration, and locations.

Wow Zone – GS2502 and GS2505

Infill drilling within the WOW Zone is ongoing and continues to confirm the presence of higher-grade material in this promising area. Hole GS2502 was drilled to the northwest and intersected 4.28 g/t Au over 28.7m, from a depth of 44.2m, with an additional 4.20 g/t Au over 9m from a depth of 305.9 meters. Hole GS2505 drilled to the north and collared 150m southeast of GS2502 returned 2.31 g/t Au over 65.4m from 424.4m.

Hole

Depth

Dip

Azimuth

From

To

Interval

Au

Number

(m)

(m)

(m)

g/t

GS2502

597.7

-50

320

44.2

72.9

28.7

4.28

incl

61

61.9

0.9

20.71

incl

61.9

63.2

1.3

46.21

305.9

315

9.1

4.20

incl

310.7

311.8

1.1

29.02

337.3

355.4

18.1

0.77

GS2505

717

-45

360

36.1

45.8

9.7

0.94

67.5

72

4.5

1.08

178.4

183.6

5.2

1.42

356.7

364.1

7.4

1.14

424.4

489.8

65.4

2.31

incl

451.4

454.5

3.1

18.7

698

713.7

15.7

0.89

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

Cleary Hill Area – Holes GS2501 and GS2503

GS2501 – located in the Cleary Hill Area, was drilled to the north and was intended to help define the northern limits of the deposit in the Cleary area. Hole GS2503 was drilled 250m to the southeast of GS2501 and served as an infill hole. It intersected 0.93g/t Au over 77.6m from surface and several higher-grade zones, including 1.36 g/t Au over 36.6m from a depth of 425.8m. A high-grade intercept of 62.3 g/t Au over 2.7m was also returned from 508.1 – 510.8m.

Hole

Depth

Dip

Azimuth

From

To

Interval

Au

Number

(m)

(m)

(m)

g/t

GS2501

518.8

-70

360

175.9

224.6

48.7

0.75

252.1

267.3

15.2

0.66

GS2503

602

-75

360

19

96.6

77.6

0.93

203.3

221.2

17.9

2.33

310

322.2

12.2

1.35

386.2

401.4

15.2

0.90

425.8

462.4

36.6

1.36

508.1

510.8

2.7

62.3

520.3

523.3

3

11.84

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

Dolphin Area – GS2504

GS2504 was drilled on the northeastern flank of the Dolphin Zone, further infilling this area and providing additional confirmation of broader zones of higher grade through infill drilling. A high-grade intercept of 81.45 g/t Au over 0.6m was also intercepted at 100.3m, and a wider zone of 1.41 g/t over 119m was also intercepted from a depth of 264m.

Hole

Depth

Dip

Azimuth

From

To

Interval

Au

Number

(m)

(m)

(m)

g/t

GS2504

592.7

-75

360

12.2

25.6

7.3

0.96

100.3

100.9

0.6

81.45

206.7

236.5

29.8

0.61

264

383.1

119.1

1.41

incl

379.8

381

2.1

24.33

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

Links to the Plan and Section 479550E

https://freegoldventures.com/site/assets/files/6287/e479550.pdf
https://freegoldventures.com/site/assets/files/6287/nr_planmap_2025_drilling_20250904.jpeg

HQ Core is logged, photographed and cut in half using a diamond saw, and one-half placed in sealed bags for preparation and subsequent geochemical analysis by MSA Laboratories in Fairbanks, Alaska. At MSALABS, the entire sample will be dried and crushed to 70% passing -2mm (CRU-CPA). A ~500g riffle split will be analyzed for gold using CHRYSOS PhotonAssay™ (CPA-Au1). From this, 250g will be further riffle split from the original PhotonAssay™ sample, pulverized, and a 0.25g sub-sample analysed for multi-element geochemistry using MSA’s IMS230 package, which includes 4-acid digestion and ICP-MS finish. MSALABS operates under ISO/IEC 17025 and ISO 9001 certified quality systems. A QA/QC program includes laboratory and field standards inserted every ten samples. Blanks are inserted at the start of the submittal, and at least one blank every 25 standards.

The Qualified Person for this release is Alvin Jackson, P.Geo., Vice President of Exploration and Development for Freegold, who has approved the scientific and technical disclosure in this news release.

About Freegold Ventures Limited
Freegold is a TSX-listed company focused on exploration in Alaska.

Some statements in this news release contain forward-looking information, including, without limitation, statements as to planned expenditures and exploration programs, potential mineralization and resources, exploration results, the completion of an updated NI 43-101 technical report, and any other future plans. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by the statements. Such factors include, without limitation, the completion of planned expenditures, the ability to complete exploration programs on schedule, and the success of exploration programs. See Freegold’s Annual Information Form for the year ended December 31st, 2024, filed under Freegold’s profile at www.sedar.com, for a detailed discussion of the risk factors associated with Freegold’s operations. On January 30, 2020, the World Health Organization declared the COVID-19 outbreak a global health emergency. Reactions to the spread of COVID-19 continue to lead to, among other things, significant restrictions on travel, business closures, quarantines, and a general reduction in economic activity. While these effects have been reduced in recent months, the continuation and re-introduction of significant restrictions, business disruptions, and related financial impact, and the duration of any such disruptions cannot be reasonably estimated. The risks to Freegold of such public health crises also include employee health and safety risks and a slowdown or temporary suspension of operations in geographic locations impacted by an outbreak. Such public health crises, as well as global geopolitical crises, can result in volatility and disruptions in the supply and demand for various products and services, global supply chains, and financial markets, as well as declining trade and market sentiment and reduced mobility of people, all of which could affect interest rates, credit ratings, credit risk, and inflation. As a result of the COVID-19 outbreak, Freegold has implemented a COVID management program and established a full-service Camp at Golden Summit to attempt to mitigate risks to its employees, contractors, and community. While the extent to which COVID-19 may impact Freegold is uncertain, it is possible that COVID-19 may have a material adverse effect on Freegold’s business, results of operations, and financial condition.


Click here to connect with Freegold Ventures (TSX:FVL,OTCQX:FGOVF) to receive an Investor Presentation

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Term Sheet to Treat Colorado Project Uranium Waste Dumps and Gross Revenue Sharing Agreement with DISA Technologies

Thor Energy plc (‘Thor’) (AIM, ASX: THR, OTCQB: THORF) is pleased to announce the signing of a term sheet (‘Term Sheet‘) with DISA Technologies, Inc. (‘DISA‘) to seek to evaluate and if successful, treat historically abandoned uranium mine waste dumps (‘Waste‘) and recover saleable uranium and other critical minerals concentrates at Thor’s Colorado uranium claims. Thor holds 25% ownership rights to uranium minerals on U.S. Bureau of Land Management (‘BLM‘) via its US subsidiary Standard Minerals Inc. (‘Standard‘) that holds the projects (the ‘Colorado Projects‘) in Colorado in the United States, along with the 75% holder, London-listed Metals One PLC (AIM: Met1).

Highlights:

  • Standard to be paid a Gross Revenue Share of any saleable uranium and other critical mineral concentrates recovered from waste at its Colorado Projects via deployment of DISA’s modular mobile plants utilising the patented High-Pressure Slurry Ablation (‘HPSA‘) system.
  • No capital expenditure or operating expenditure is payable by Standard or Thor.
  • Thirteen separate prospective waste dumps have been ground surveyed at Standard’s Colorado Projects; others may be added to this inventory over time.
  • Standard to receive a percentage of gross product sale revenue stream, minus certain post-treatment allowable costs. A sliding scale with a base rate of 2.5%, through to 4.0% in certain metals pricing environments.
  • DISA will be the operator of the Colorado Projects and to pay all associated costs of economic evaluation, permitting, treatment and ongoing remediation.

Advantages of HPSA:

  • The High-Pressure Slurry Ablation (‘HPSA‘) process treats surface dumps of previously partially mined and aggregated material.
  • DISA has been working with the U.S. Nuclear Regulatory Commission (NRC) since 2021 on a robust licensing process, which is expected to conclude soon. This would make DISA the first company to receive a Service Providers License (SPL) to remediate abandoned uranium mine waste.

Next Steps:

  • Characterisation program with a combination of assay and gamma probe to determine likely quantities of uranium and other recoverable minerals present in the waste dumps and economic evaluation.
  • Application and completion of all requisite permits needed to commence treatment of waste and recovery of payable concentrates using HPSA technology.
  • Future potential sale of metals concentrates and payment of gross revenue to Thor via Standard.
  • Parties will immediately move to finalise and execute a more detailed binding agreement and complete any outstanding conditions precedent to the transaction.

Alastair Clayton, Chairman, commented:

‘We are pleased to announce the Term Sheet executed with DISA today to help facilitate Thor potentially becoming revenue-generating from US uranium and critical metals production. Moving our US uranium projects forward in a non-dilutionary manner has been a priority for some time. DISA is a world leader in its materials upgrading technology, and its patented HSPA process is considered a revolutionary, non-chemical technology.

‘Importantly, DISA’s NRC licensing process is expected to conclude soon. This would make DISA the first company to receive a Service Providers License to remediate abandoned uranium mine waste, a hugely appealing regulatory framework. A major benefit is that the process does more than just extract value, it also leaves behind a substantially improved local environment by remediating these historic legacy sites. Thor looks forward to working with DISA going forward as we move towards generating revenue from these recycled materials.’

A machine and trailer in a field AI-generated content may be incorrect.

Figure 1 – Example of Gen B modular HPSA components – Source: DISA

The Board of Thor Energy Plc has approved this announcement and authorised its release.

For further information on the Company, please visit the website or please contact the following:

Thor Energy PLC

Andrew Hume, Managing Director
Alastair Clayton, Non-Executive Chairman
Rowan Harland, Company Secretary
Tel: +61 (8) 6555 2950

Zeus Capital Limited (Nominated Adviser and Joint Broker)

Antonio Bossi / Darshan Patel / Gabriella Zwarts
Tel: +44 (0) 203 829 5000

SI Capital Limited (Joint Broker)

Nick Emerson
Tel: +44 (0) 1483 413 500

Yellow Jersey (Financial PR)

Dom Barretto / Shivantha Thambirajah / Bessie Elliot
thor@yellowjerseypr.com
Tel: +44 (0) 20 3004 9512

Competent Person Statement

The information in this report that relates to exploration results and exploration targets is based on information compiled by Andrew Hume, who holds a BSc in Geology (Hons). Mr Hume is an employee of Thor Energy PLC. He has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’ and is a qualified person under AIM Rules. Andrew Hume consents to the inclusion in the report of the matters based on his formation in the form and context in which it appears.

About Thor Energy Plc

The Company is focused on Hydrogen and Helium exploration which are crucial in the shift to a clean energy economy, with a portfolio that also includes uranium, and other energy metals. For further information on Thor Energy and to see an overview of its projects, please visit the Company’s website at https://thorenergyplc.com/.

About DISA Technologies

Founded in 2018, DISA Technologies is revolutionizing mineral recovery with our patented High-Pressure Slurry Ablation (HPSA) technology-an innovative solution that upgrades critical minerals from mined ore and legacy waste. Serving both the mining and remediation sectors, we recover valuable resources that power industry, strengthen energy independence and restore contaminated sites to productive use. DISA’s technology unlocks economic and environmental value, transforming how the world processes, remediates and recycles essential mineral assets. DISA is headquartered in Casper, Wyoming, with a satellite office in Westminster, Colorado.

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Boliden Strikes C$20 Million Deal with Golden Sky for BC Copper Project

Boliden Mineral Canada, a subsidiary of Sweden’s Boliden AB (STO:BOL,OTC Pink:BDNNY), has entered into a definitive agreement with Golden Sky Minerals (TSXV:AUEN,OTC Pink:LCKYF) to spend up to C$20 million on exploration of the Rayfield copper-gold property in British Columbia.

The agreement grants Boliden the right to earn up to an 80 percent interest in Golden Sky’s wholly owned Rayfield project by funding staged expenditures and cash payments over six years.

The Rayfield and Gjoll properties together cover 87,660 hectares within the Quesnel Trough, a prolific porphyry copper belt that hosts some of Canada’s largest operating mines, including Highland Valley, Gibraltar, and New Afton.

Despite its long history of production, significant areas of the belt remain under explored.

“This partnership is transformational for Golden Sky. Boliden’s decision to collaborate with us on Rayfield-Gjoll validates the district-scale copper-gold potential of this project,” said John Newell, president and CEO of Golden Sky.

Early exploration has outlined a sizable target at Rayfield. A 2024 geophysical survey identified a 600 by 1,100 metre chargeability and resistivity anomaly closely associated with gold and copper mineralization, supported by results from historical drilling.

Under the agreement, Golden Sky will remain the project operator during the earn-in period. Should Boliden complete its investment, the joint venture will move forward with pro-rata funding obligations based on ownership.

Copper demand is projected to rise sharply in coming decades as electrification drives investment in renewable energy, transmission grids, and electric vehicles.

Companies with exposure to large-scale porphyry systems in politically stable jurisdictions are increasingly viewed as well-positioned to benefit.

The deal in British Columbia also follows a milestone for Boliden in its home market.

Just one day before announcing the Golden Sky agreement, the Swedish company secured a mining concession for its Laver deposit in northern Sweden.

The concession grants rights to extract copper, gold, silver, and molybdenum, though additional environmental permits will be required before a final investment decision can be made.

“We naturally welcome this news. The Laver deposit has the potential to make a substantial contribution, particularly to Europe’s copper supply,” said Stefan Romedahl, director of Boliden Mines, in a September 2 press release.

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

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Trump family’s American Bitcoin makes stock market debut

Shares in the Trump family’s latest cryptocurrency made its stock market debut Wednesday, triggering more ethical concerns as the Trumps look to cash in on crypto as the president’s administration weakens regulations for the nascent industry.

American Bitcoin, a firm co-founded this spring by Eric Trump, the president’s son, saw its share price climb as much as 39% by early afternoon to about $9.60.

It ended the day at $8.04, lower than its opening price of $9.22.

According to a release, the company is set up to accumulate bitcoin through computer “mining” of the cryptocurrency, as well as “opportunistic bitcoin purchases.” By owning a share of American Bitcoin, investors are betting that the company will be able to grow its bitcoin holdings faster than competitors. It also assumes bitcoin’s price will keep going up.

American Bitcoin’s stock debut is renewing ethics concerns about the Trump family’s ability to benefit from the president’s influence on the crypto industry, where it is increasingly seeing windfalls.

On Monday, the first public sales of a digital token minted by World Liberty Financial, a crypto firm co-founded by the Trump family, created as much as $5 billion in paper wealth for them and other insiders based on existing holdings. Last week, Trump Media and Technology Group, the parent company of President Donald Trump’s Truth Social platform, announced it had struck a deal with Crypto.com to accumulate Crypto.com’s native token Cronos, or CRO. Since the announcement, the value of CRO has climbed about 69%.

Shortly before 1 p.m, the value of Eric Trump’s American Bitcoin stake had climbed to as much as $600 million, according to calculations by Bloomberg News. Donald Trump Jr. also owns a stake, though its extent was not immediately clear. A representative for Trump Jr. did not respond to a request for comment.

“There’s no question there’s a conflict of interest here,” said Virginia Canter, chief counsel for ethics and anticorruption with the Democracy Defenders Action group, a bipartisan advocacy group that seeks to oppose authoritarianism. Canter served as a legal adviser in four different presidential administrations. Beyond having the ability to appoint regulators charged with overseeing the crypto industry, Trump can also create an uneven playing field for other crypto market participants who might believe they may pay a price for competing with his entities — or failing to engage with them, Canter said.

In a post on X last night, Sen. Elizabeth Warren, D-Mass., said of the start of American Bitcoin’s stock trading: “it’s corruption, plain and simple.”

A representative for the Trump Organization did not respond to a request for comment about the ethics concerns.

Estimates about how much President Trump and his family have earned from their crypto ventures vary. Reuters calculated that they made as much $500 million from the World Liberty decentralized finance platform, which debuted last year.

The figure is a moving target. In May, Zach Witkoff, a World Liberty co-founder and the son of White House Middle East envoy Steve Witkoff, announced that an Abu Dhabi-based firm had purchased $2 billion-worth of World Liberty’s stablecoin as part of an investment in the Binance crypto exchange. In July, Trump Media announced it had accumulated roughly $2 billion in bitcoin and related assets, accounting for about two-thirds of Trump Media’s total liquid assets. The Donald J. Trump Revocable Trust, a financial instrument Trump created in advance of returning to the Oval Office, owns 52% of Trump Media.

The group that created Trump’s memecoin, $TRUMP, earned $350 million from initial sales, the Financial Times reported in March, though its ownership structure and Trump family members’ direct stakes are unclear.

The White House has maintained that the president is not involved in the day-to-day affairs of Trump family businesses. Some ethics experts have argued that presidents are exempt from conflict-of-interest laws because they oversee too many areas to make enforcement practical.

In a statement, the White House blasted any insinuation of a conflict of interest.

“The media’s continued attempts to fabricate conflicts of interest are irresponsible and reinforce the public’s distrust in what they read,” White House press secretary Karoline Leavitt said. “Neither the President nor his family have ever engaged, or will ever engage, in conflicts of interest.” She said the administration “is fulfilling the President’s promise to make the United States the crypto capital of the world by driving innovation and economic opportunity for all Americans.”

At a conference last week, Eric Trump said the bitcoin community had embraced his father “unlike anything I had ever seen before.” Since then, the crypto industry has become one of the most influential players in politics: Its super PAC, Fairshake, was the largest-single donor group during the 2024 election and has already accumulated $140 million in advance of next year’s midterms, Politico reported.

The Trump brothers have announced a flurry of business moves since their father took office that parallel the president’s policies and agenda. Last month, they announced they would serve as advisers to New America, a firm that aims to buy businesses that “play a meaningful role in revitalizing domestic manufacturing, expanding innovation ecosystems, and strengthening critical supply chains.”

The brothers are receiving a combined 5 million shares in the company, which seeks to raise $300 million from investors in advance of going public.

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List reveals items FBI seized from John Bolton’s home during raid

The FBI raid on John Bolton’s home last month led to the seizure of multiple computers, cell phones, USB drives and documents in folders labeled ‘Trump,’ among other items, court documents revealed Thursday.

The list of over a dozen items seized from the Bethesda, Md., home of President Donald Trump’s former national security advisor was included in search warrant documents filed with the U.S. District Court for the District of Maryland.

Among the technology seized from Bolton’s home were two iPhones – a red one with two camera lenses and a black one in a black case – and three computers, including a silver Dell XPS laptop with cables, a Dell Precision Tower computer model 3620 and a Dell Inspiron 2330 computer. One Seagate hard drive and two Sandisk 64 gigabyte USB drives were also seized.

The list shows the FBI also took a white binder labeled, ‘Statements and Reflections to Allied Strikes…’ and typed documents in folders labeled ‘Trump I-IV.’

Four boxes containing what federal officials called ‘printed daily activities’ were also hauled from Bolton’s home.

The FBI raid on Aug. 22 is reportedly linked to a probe of mishandling classified documents.

During Trump’s first administration, a probe into classified documents was launched but later shut down by the Biden administration. The Justice Department argued that Bolton’s 2020 memoir, ‘The Room Where It Happened,’ contained classified material and attempted to block it from being published.

Days after the raid on his home, Bolton unleashed a blistering critique of Trump’s Ukraine policy in an op-ed published in the Washington Examiner, claiming it is marked by ‘confusion, haste and disarray.’ 

Bolton said Trump’s attempt to fast-track a peace deal was ‘inevitably’ doomed, arguing the Alaska summit with Russian President Vladimir Putin on Aug. 15 was arranged at a pace ‘almost surely unprecedented in modern history.’

When reporters asked Trump about the raid shortly after it unfolded, the president didn’t hold back his disdain for his former adviser.

‘I’m not a fan of John Bolton. He’s a real lowlife,’ Trump told reporters, adding that he did not know about the raid ahead of time, claiming he saw it on television. He went on to call Bolton ‘not a smart guy’ and said ‘he could be very unpatriotic.’

Bolton was Trump’s national security advisor in 2018 and 2019, until the pair had a falling out. Trump revoked Bolton’s security clearance and Secret Service detail in January 2025.

Fox News Digital’s Rachel Wolf and Morgan Phillips contributed to this report.

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