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Terra Clean Energy

Investor Insight

With a clear, discovery-focused strategy, Terra Clean Energy is advancing one of the most unique near-surface uranium opportunities in the Athabasca Basin, targeting rapid resource growth and re-rating potential through continuous exploration, aggressive drilling, and disciplined capital deployment.

Overview

Terra Clean Energy (CSE:TCEC,OTCQB:TCEFF,FSE:C9O0) is unlocking value from its wholly owned South Falcon East project, located in the southeastern Athabasca Basin in Saskatchewan, Canada. The project uniquely positions Terra among uranium juniors due to its shallow mineralization and proximity to world-class infrastructure.

Map of Athabasca Basin highlighting uranium operations inlcuding Terra Clean Energy project

With a historical uranium resource of nearly 7 million lbs (Mlbs) U₃O₈ at Fraser Lakes Zone B, and multiple zones of confirmed mineralization and structural alteration, Terra is targeting an updated NI 43-101 resource in 2025, aiming to significantly grow its asset base. The project’s location along the Way Lake Conductor – a folded, fertile corridor – offers blue-sky potential for additional discoveries.

As global demand for uranium surges due to energy security concerns and the electrification boom (AI, EVs, nuclear baseload), Terra offers investors a rare combination of historical resource foundation, shallow mineralization, and transformational growth potential at a micro-cap valuation.

Company Highlights

  • Unique, Shallow Uranium System: Only micro-cap in the Athabasca Basin advancing a near-surface uranium deposit, with significantly reduced exploration and potential development costs.
  • Pounds-in-the-ground Upside: Historical resource of 6.96 Mlbs U₃O₈ and 5.34 Mlbs ThO₂, with considerable expansion potential from historical and recent drilling.
  • Prime Location: Situated 55 km east of the Key Lake Mill within the prolific Athabasca Basin – home to the world’s highest-grade uranium deposits.
  • Strong Technical Leadership: Led by a team with extensive uranium exploration and capital markets experience, including veterans from Skyharbour Resources and Azincourt Energy.
  • Resource Update Underway: 2024–25 infill and step-out drilling will support an NI 43-101 compliant mineral resource estimate, incorporating higher-grade intercepts from Terra’s 2024 campaign.
  • Re-rating Potential: Market cap under $5 million despite having a historical uranium resource, confirmed mineralized zones, and near-term catalysts.

Key Project

South Falcon East – Fraser Lakes B Deposit

Located in the southeastern margin of the Athabasca Basin, Saskatchewan, South Falcon East is Terra Clean Energy’s flagship project, covering approximately 12,234 hectares of prospective uranium ground. The property lies 55 km east of the historic Key Lake uranium mill and hosts the Fraser Lakes B deposit, which hosts an inferred historical resource of 6.96 Mlb U₃O₈ at 0.03 percent and 5.34 Mlb thorium dioxide (ThO₂) at 0.023 percent, within 10.35 Mt of material using a 0.01 percent U₃O₈ cutoff grade. While this resource is not currently classified under NI 43-101, Terra believes the data is reliable and serves as a robust foundation for continued exploration.

Map showing Terra Clean Energy

The mineralization is hosted in fractured and altered pegmatites and graphitic pelitic paragneiss, with the uranium accompanied by thorium and elevated concentrations of copper, nickel, vanadium, zinc, bismuth, molybdenum, lead and cobalt. Alteration assemblages include illite, dickite, kaolinite, chlorite, fluorite and hematite; these are classic markers of basement-hosted unconformity uranium systems. This setting, along with widespread clay alteration and structural disruption, mirrors some of the most prolific uranium systems in the basin, including Eagle Point, Millennium and Roughrider.

Fraser Lakes B sits on the central limb of the Way Lake Conductor, a folded EM corridor extending more than 25 km across the project area. This conductor hosts three major fold limbs (West, Central, and East), but only the central limb, where Fraser Lakes B is located, has been materially drilled. The deposit currently exhibits a strike length of approximately 1,400 meters, dipping northwest, and remains open in all directions. A north-northeast-trending fault, known as the T-Bone Lineament, intersects the deposit’s eastern margin, suggesting additional structural complexity and potential uranium conduits along strike.

Historic drilling from 2008 to 2015 by Skyharbour Resources and JNR Resources identified numerous mineralized intervals. Highlights include:

  • 0.165 percent U₃O₈ over 2 m (within a broader 6 m grading 0.103 percent U₃O₈) in FP-15-05.
  • 0.183 percent U₃O₈ over 1 m in WYL-50.
  • 0.242 percent U₃O₈ over 0.5 m in WYL-61.
  • 0.057 percent U₃O₈ over 5.5 m in the same hole.
Terra Clean Energy

These results demonstrate multiple stacked mineralized horizons over widths up to 65 m, open to depth and laterally.

In early 2024, Terra’s Phase 1 drill program confirmed the presence of uranium-bearing pegmatites in close proximity to historical intercepts. Hole SF-0059 intersected 13.5 m of mineralization, including 0.07 percent eU₃O₈ over 1.1 m, while SF-0060 returned intervals such as 0.02 percent eU₃O₈ over 1.3 m at 142.15 m. These intercepts confirm the extension of mineralization along strike and at depth from FP-15-05 and support the hypothesis of lateral continuity and stacked mineralized bodies.

Planning for an extensive summer 2025 drill program is underway, which consists of approximately 2,500 meters. The program will test areas identified during the winter 2024 program, where it is interpreted that a north-northwest trending brittle structure, a north dipping structure with strong clay alteration, and mineralized pegmatites with hydrothermal hematite alteration hosted in graphitic pelitic gneiss all intersect.

Terra Clean Energy

In addition to Fraser Lakes B, the company is evaluating regional targets such as T-Bone Lake, which has returned values up to 0.055 percent U₃O₈ over 0.9 m and features promising clay alteration and structural complexity similar to known high-grade deposits.

The overarching exploration thesis is that the Way Lake Conductor may host a clustered uranium system, with multiple deposits along its folded structure. Very little drilling has been conducted outside the current Fraser Lakes B footprint, giving Terra significant discovery potential across the entire 25 km strike length.

Management Team

Greg Cameron – President, CEO and Director

A seasoned capital markets professional, Greg Cameron has two decades of experience in business development, strategy and M&A. He is a former senior banker at Canaccord Genuity and Macquarie, and managing director at Colby Capital. He brings transactional and restructuring expertise critical to junior exploration growth.

C. Trevor Perkins – VP, Exploration

A professional geologist, C. Trevor Perkins has a track record in uranium exploration, including major results in the Athabasca Basin. He also serves as VP exploration for Azincourt Energy and has led exploration strategy and drill execution across multiple high-impact programs.

Alex Klenman – Director

Alex Klenman is a veteran junior mining executive with 30+ years’ experience, including uranium-specific roles. He is the CEO and director of Azincourt Energy, and has raised more than $18 million for Athabasca exploration. Klenman brings deep investor relations and financing expertise.

Tony Wonnacott – Director

Tony Wonnacott is a Toronto-based securities lawyer with more than 25 years of experience in capital markets. Instrumental in multiple successful listings and over $1 billion in financings and M&A transactions.

Brian Shin – CFO

Brian Shine is a chartered professional accountant with 15 years’ experience across roles in public companies. He specializes in reporting, risk management and corporate finance.

Jordan Trimble – Technical Advisor

Jordan Trimble is the CEO of Skyharbour Resources and a leading voice in the uranium investment community. He brings global capital markets insight and technical expertise, enhancing Terra’s industry reach and credibility.

This post appeared first on investingnews.com
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Investing

Terra Clean Energy: Advancing an Expansive Uranium Landholding in the Prolific Athabasca Basin

Terra Clean Energy (CSE:TCEC,OTCQB:TCEFF,FSE:C9O0) is advancing its 100 percent-owned South Falcon East Project, strategically located in the southeastern Athabasca Basin, Saskatchewan — one of the world’s premier uranium districts. The project stands out among uranium juniors for its shallow mineralization, strong discovery potential, and proximity to established infrastructure.

Anchored by a historical resource of nearly 7 million pounds (Mlbs) U₃O₈ at the Fraser Lakes Zone B, the project also hosts multiple zones of confirmed mineralization and structural alteration. Terra is advancing toward a NI 43-101-compliant resource update in 2025, with the goal of materially expanding its resource base. Situated along the highly prospective Way Lake Conductor — a folded, uranium-enriched corridor — the project offers significant upside for new discoveries beyond the existing resource.

Map of Athabasca Basin highlighting uranium operations inlcuding Terra Clean Energy project

South Falcon East, Terra Clean Energy’s flagship project, spans 12,234 hectares on the southeastern margin of the Athabasca Basin, Saskatchewan, just 55 km east of the historic Key Lake uranium mill. The project hosts the Fraser Lakes Zone B deposit, with a historical inferred resource of 6.96 Mlbs U₃O₈ at 0.03% and 5.34 Mlbs ThO₂ at 0.023 percent, contained within 10.35 Mt using a 0.01 percent U₃O₈ cutoff. While not yet classified under NI 43-101, Terra considers the resource data reliable and a strong foundation for future exploration and growth.

Company Highlights

  • Unique, Shallow Uranium System: Only micro-cap in the Athabasca Basin advancing a near-surface uranium deposit, with significantly reduced exploration and potential development costs.
  • Pounds-in-the-ground Upside: Historical resource of 6.96 Mlbs U₃O₈ and 5.34 Mlbs ThO₂, with considerable expansion potential from historical and recent drilling.
  • Prime Location: Situated 55 km east of the Key Lake Mill within the prolific Athabasca Basin – home to the world’s highest-grade uranium deposits.
  • Strong Technical Leadership: Led by a team with extensive uranium exploration and capital markets experience, including veterans from Skyharbour Resources and Azincourt Energy.
  • Resource Update Underway: 2024–25 infill and step-out drilling will support an NI 43-101 compliant mineral resource estimate, incorporating higher-grade intercepts from Terra’s 2024 campaign.
  • Re-rating Potential: Market cap under $5 million despite having a historical uranium resource, confirmed mineralized zones, and near-term catalysts.

This Terra Clean Energy profile is part of a paid investor education campaign.*

Click here to connect with Terra Clean Energy (CSE:TCEC) to receive an Investor Presentation

This post appeared first on investingnews.com
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Zijin Mining to Acquire Major Kazakh Gold Mine for US$1.2 Billion

China’s Zijin Mining Group (OTC Pink:ZIJMF,HKEX:2899,SHA:601899), the country’s largest producer of gold and copper, has agreed to acquire Kazakhstan’s Raygorodok gold mine for US$1.2 billion.

The deal, announced on Monday (June 30) through a filing to the Hong Kong Stock Exchange, furthers the company’s ambition of becoming one of the world’s top three gold producers by 2028.

Raygorodok is reportedly among the largest and most technologically advanced gold projects in Central Asia. It produced 6 metric tons of gold in 2024 at a production cost of US$796 per ounce, excluding non-cash items.

With a remaining mine life of 16 years and average annual output of 5.5 metric tons of gold, Zijin expects the mine, located in Northern Kazakhstan, to boost both its earnings and production starting this year.

Raygorodok’s total ore reserves are estimated at 94.9 million metric tons, containing approximately 100.6 metric tons (3.5 million ounces) of gold, based on a gold price of US$1,750 per ounce.

However, Zijin believes that considering the current market for the yellow metal, there is clear potential to expand production and reserves by improving the pit design under a higher gold price assumption. Furthermore, a US$420 million processing plant, operational since mid-2022, has significantly expanded the mine’s output capacity.

Annual production rose from 50,000 ounces in 2023 to an expected 190,000 ounces in 2025, using carbon-in-pulp and heap-leaching technologies that improve extraction efficiency from low-grade ore. As of the end of 2024, Raygorodok reported net assets of US$291 million and posted a net profit of US$202 million on US$473 million in revenue.

The asset is currently owned by Cantech, a Kazakhstan-based firm 65 percent held by V Group International, one of the country’s largest equity investment companies, and backed by US private equity firm Resource Capital Funds.

Through its subsidiaries, Zijin Gold International and Jinha Mining, Zijin signed definitive agreements to purchase all rights and interests in RG Gold and RG Processing, the Kazakhstan-based entities that own and operate the mine.

The acquisition is expected to close by the end of September of this year, pending regulatory approvals from both Chinese and Kazakh authorities.

Zijin Gold IPO in the works

Zijin operates gold mines in China and globally in locations such as Africa and South America.

But Raygorodok is set to become one of its flagship assets, aligning with the group’s goal of raising annual gold production by 35 percent — from 73 metric tons in 2024 to 100 to 110 metric tons by 2028.

The acquisition also serves a broader corporate strategy: the planned initial public offering (IPO) of Zijin Gold International, the group’s overseas gold division, on the Hong Kong Stock Exchange.

Established in 2007, Zijin Gold International is being positioned as the vehicle for consolidating Zijin’s foreign gold assets and unlocking shareholder value. The IPO is expected to raise between US$1.5 billion and US$2 billion. Proceeds will be used for further expansion across Africa and South America.

The spinoff remains subject to approval from Chinese regulators, Zijin shareholders, the Hong Kong Securities and Futures Commission and the Hong Kong Stock Exchange.

Zijin has emphasized that the listing will not affect its control over the subsidiary. Furthermore, Zijin Gold International will remain under Zijin’s consolidated financial statements post-listing.

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

This post appeared first on investingnews.com
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Politics

Trump pressures Israel to end Gaza conflict as he eyes Abraham Accords expansion

President Donald Trump is leaning on Israel to end its conflict in Gaza and secure a hostage deal as he looks to expand the Abraham Accords – a cornerstone achievement of his first term.

The pressure is mounting as Israeli Strategic Affairs Minister Ron Dermer is set to hold White House meetings on Monday on ending the 20-month-long war in Gaza.

In a 1 a.m. Sunday post on his social media platform Truth Social, Trump said, ‘Make the deal in Gaza. Get the hostages back!!!’

Reports on Sunday suggested mediators overseeing the hostage negotiations – which are closely tied to securing an end to Israel’s military operations and a day-after plan for Gaza – are pushing Israel to send negotiators to Egypt. But Israeli Prime Minister Benjamin Netanyahu has thus far refused to do so. 

Instead, Dermer was reportedly sent to Washington to ensure the U.S. and Israel are aligned before indirect negotiations continue. 

Israel maintains that Hamas has been the roadblock in returning the remaining 50 hostages still held by the terrorist network, including 49 of whom were abducted on Oct.7, 2023, as well as one deceased hostage who has been held since 2014. 

According to the Israeli Ministry of Foreign Affairs, another 27 of the hostages are assessed to have been killed either during or since the October 2023 attack, including two Americans, Itay Chen and Omer Neutra. 

Netanyahu has also said there are ‘doubts’ about the fate of several other hostages. 

On Monday, the Israeli Minister of Foreign Affairs Gideon Sa’ar said, ‘Israel is serious in its will to reach a hostage deal and ceasefire in Gaza.’

He pointed to Jerusalem’s acceptance of a recent proposal presented by Special Envoy Steve Witkoff, but which Hamas rejected as it did not include a solution to a permanent ceasefire and a plan to withdraw Israeli forces from Gaza.

Witkoff is expected to head to Cairo in the coming days to begin hashing out new negotiations.

Ending Israel’s military operations in Gaza will prove a crucial step in expanding Trump’s ambitions to bring new nations into the Abraham Accords. 

On Monday, Sa’ar echoed Jerusalem’s ambitions in this effort and said, ‘We have opportunities in front of us. We paid for the new reality in the Middle East with the blood of our soldiers and citizens.’ 

‘Israel is interested in expanding the Abraham Accords circle of peace and normalization. We have an interest in adding countries, such as Syria and Lebanon, our neighbors, to the circle of peace and normalization – while safeguarding Israel’s essential and security interests,’ he added. 

Trump has not detailed which nations are interested in normalizing diplomatic relations with Israel, though nations like Saudi Arabia have made clear that so long as Palestinians continue to suffer in the Israel-Hamas conflict, normalization is off the table. 

‘We have some really great countries in there right now, and I think we’re going to start loading them up, because Iran was the primary problem,’ Trump told Maria Bartiromo during an exclusive ‘Sunday Morning Futures‘ interview this week.

This post appeared first on FOX NEWS
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Americans weigh in on Trump’s ‘big, beautiful bill’: polls

President Donald Trump is cheering on the GOP’s landmark spending and tax cut bill, as it faces judgment day in the Senate.

‘ONE GREAT BIG BEAUTIFUL BILL, is moving along nicely!’ the president wrote in a social media post hours before the Senate on Monday began to take a slew of votes on the Republican-crafted measure.

The bill, which the president is insisting pass Congress and reach his desk by this Friday, July 4, is stuffed full of Trump’s campaign trail promises and second-term priorities on tax cuts, immigration, defense, energy and the debt limit. 

It includes extending his signature 2017 tax cuts and eliminating taxes on tips and overtime pay, providing billions for border security and codifying his controversial immigration crackdown.

However, many of the latest national surveys indicate that Americans are far from thrilled with the measure.

By a 21-point margin, voters questioned in the most recent Fox News national poll opposed the federal budget legislation (38% favored vs. 59% opposed), which passed by the House of Representatives by just one vote last month.

The bill was also underwater in national surveys conducted this month by the Washington Post (minus 19 points), Pew Research (minus 20 points) and Quinnipiac University (minus 26 points).

As Democrats attack the bill, they’re highlighting the GOP’s proposed restructuring of Medicaid — the nearly 60-year-old federal program that provides health coverage to roughly 71 million low-income Americans. Additionally, Senate Republicans increased cuts to Medicaid over what the House passed.

The changes to Medicaid, as well as cuts to food stamps, another one of the nation’s major safety net programs, were drafted in part as an offset to pay for extending Trump’s 2017 tax cuts, which are set to expire later this year. The measure includes a slew of new rules and regulations, including work requirements for many of those seeking Medicaid coverage.

Meanwhile, Republicans criticize Democrats opposing the bill for voting to increase taxes on most Americans.

About half of respondents questioned in the Fox News poll said the bill would hurt their family (49%), while one quarter thought it would help (23%), and another quarter didn’t think it would make a difference (26%).

Sixty percent felt they had a good understanding of what is in the measure, formally known as the One, Big, Beautiful Bill, and while those voters were more likely to favor the legislation than those who are unfamiliar with it, more still think it will hurt rather than help their family (45% vs. 34%).

The latest surveys all indicate a wide partisan divide over the measure.

According to the Fox News poll, which was conducted June 13-16, nearly three-quarters of Republicans (73%) favored the bill, while nearly nine in ten Democrats (89%) and nearly three-quarters of independents (73%) opposed the measure.

Fox News’ Dana Blanton contributed to this report.

This post appeared first on FOX NEWS
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World

92-year-old British man convicted of rape and murder in 1967 cold case

A 92-year-old British man has been convicted of murder and rape on Monday, a verdict that brought an end to a cold case that remained unsolved for 58 years.

Ryland Headley was found guilty by the Bristol Crown Court in England of the rape and murder of Louisa Dunne, who was 75 years old when Headley killed her.

Dunne was found dead in her home in Easton, in the suburbs of Bristol, in June 1967. The police determined at the time that she had been raped and died of strangulation and asphyxiation.

The local constabulary launched a major investigation: they took palmprints from 19,000 men, collected 1,300 statements and made more than 8,000 house-to-house calls, the Avon and Somerset Police said in a statement on Monday.

Yet none of it led anywhere, and the case went cold.

It wasn’t until the police began reviewing the case in 2023 that investigators were able to get a full DNA profile of Dunne’s killer from the skirt she was wearing when she died – using technology that was not available at the time of the crime.

That DNA profile was then matched with samples taken from Headley following his arrest for two rapes in 1977, leading to his arrest in November 2024.

“For 58 years, this appalling crime went unsolved and Ryland Headley, the man we now know is responsible, avoided justice,” Crown Prosecuting Solicitor Charlotte Ream said in a statement by the Crown Prosecution Service (CPS).

Headley denied committing the offences, according to the CPS.

Louisa Dunne was killed in her home in 1967.
Louisa Dunne was killed in her home in 1967.
Avon and Somerset Police/PA
The skirt Louisa Dunne was found wearing when she died.
The skirt Louisa Dunne was found wearing when she died.
Avon and Somerset Police/PA

20 boxes of evidence reviewed

A partial handprint found at the scene was also re-examined as part of the case review, the CPS said. The print of a part of a palm, between the wrist and the base of the little finger, was discovered on a window at the back of Dunne’s house and was matched to Headley’s hand by four experts.

“Headley never featured in (the) original investigation as he lived outside the area where the house-to-house enquiries were carried out,” senior investigating officer with the Avon and Somerset police, Detective Inspector Dave Marchant, said in a statement.

Marchant said the “extensive and meticulous work” that was done by the officers in the initial investigation paved the way for the police to solve the crime. He said that as part of the re-investigation, 20 boxes of original material were reviewed by the police.

The CPS said that all but one witness in the case have died over the nearly six decades since the crime was committed, but that old statements were read in court as part of the trial.

Headley will be sentenced on Tuesday. Ream said he “faces the prospect of spending the rest of his life in prison.”

The CPS said that Headley’s other offenses were also considered during the trial. While earlier convictions are not automatically admissible in courts in England, the CPS said that the similarities between the Dunne murder and rape and Headley’s two previous convictions for rape were “too great to ignore.”

The CPS said Headley was convicted after pleading guilty of breaking into the homes of two elderly women in Ipswich and raping them. One of the women was in her seventies and the other in her eighties. Their accounts of the attacks to the police at the time were read out to the court.

He was initially sentenced to life imprisonment, but this was reduced following an appeal to a seven-year jail term.

Ream said the verdict on Monday was a “demonstration of the commitment of the CPS, and our partners in the police, to relentlessly pursue justice for the victims of crime, no matter how many years – or decades – have passed.”

But advocacy groups say rape convictions remain low in the UK and the justice process is incredibly slow.

The Office for National Statistics says 71,227 rapes were recorded by police in 2024. According to Rape Crisis, a UK charity, just 2.7% of these cases resulted in charges being brought by the end of 2024.

Official government data shows that it currently takes on average 344 days for the police to charge the suspected offender, 30 days for the CPS to authorise the charge, and 336 days for the court to complete the case.

This post appeared first on cnn.com
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World

US revokes visas of British rap punk duo Bob Vylan after chant against Israeli military

The US State Department has revoked the visas of members of Bob Vylan, a British rap punk group who led crowds to chant “death” against the Israeli military at a UK music festival this weekend.

“The (State Department) has revoked the US visas for the members of the Bob Vylan band in light of their hateful tirade at Glastonbury, including leading the crowd in death chants. Foreigners who glorify violence and hatred are not welcome visitors to our country,” Deputy Secretary of State Christopher Landau said in a post on X Monday.

The group was slated to go on a US tour beginning in late October, according to a post on Instagram.

The US State Department has instituted an aggressive visa restriction and revocation policy for alleged support of terrorism and anti-Semitism.

The ban comes after rapper Bobby Vylan took to Glastonbury Festival’s third-biggest West Holts Stage on Saturday, shouting “Free, free Palestine,” before leading crowds to chants against the Israeli military. Video showed the rapper shouting into the mic, “Alright, but have you heard this one though? Death, death to the IDF (Israel Defense Forces).”

The artist also performed in front of a screen that displayed a message which read: “United Nations have called it a genocide. The BBC calls it a ‘conflict,’” referring to the UK’s public broadcaster that showed the festival live.

In a Sunday Instagram post captioned “I said what I said,” Bobby Vylan said he had received “messages of both support and hatred” following the performance.

“Teaching our children to speak up for the change they want and need is the only way that we make this world a better place,” the post read. “As we grow older and our fire possibly starts to dim under the suffocation of adult life and all its responsibilities, it is incredibly important that we inspire future generations to pick up the torch that was passed to us.”

Bob Vylan’s chants at the festival have also prompted outcry among top British officials, and British police are reviewing video footage of their set. UK Prime Minister Keir Starmer said that “there is no excuse for this kind of appalling hate speech.”

The Israeli Embassy in the UK said it was “deeply disturbed” by what it called “inflammatory and hateful” rhetoric at the festival.

On Monday, the BBC admitted that “with hindsight” Vylan’s performance should have been pulled from air during the performance, saying that the corporation “respects freedom of expression but stands firmly against incitement to violence.”

“The antisemitic sentiments expressed by Bob Vylan were utterly unacceptable and have no place on our airwaves,” it added.

This post appeared first on cnn.com
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Blue Lagoon Announces Major Steps Toward Production: Fully Funded, Government Inspections Passed, and Water Treatment Plant Completed

(TheNewswire)

Blue Lagoon Resources Inc.

June 30, 2025 TheNewswire – Vancouver, British Columbia Blue Lagoon Resources Inc. (the ‘ Company ‘) (CSE: BLLG; OTCQB: BLAGF; FSE: 7BL) is pleased to provide a corporate update highlighting significant progress at its Dome Mountain Gold Project as it prepares to enter production in a strong gold market.

‘We are fully funded, fully permitted, and now entering the final stages of mine readiness — with no short-term debt, multiple successful government inspections, and a water treatment plant that has now been completed,’ said Rana Vig, President and CEO. ‘The confidence shown by our institutional investors, along with new strategic backing and the recently signed $2 million line of credit — not secured against our property — from Nicola Mining, gives us the flexibility to fund mining and development without delay. We’re ready — and we’re moving quickly toward cash flow.’

FULLY FUNDED WITH STRONG BACKING AND NO DEBT

Blue Lagoon recently completed a successful non-brokered financing, fully subscribed by existing long-term shareholders including Crescat Capital, Phoenix Gold Fund, and Nicola Mining, alongside a small group of new strategic investors. In addition, CEO Rana Vig and Board Member Gurdeep Bains both increased their personal stakes in the Company.

The Company currently carries no short-term debt and has in-the-money warrants valued at over $3.6 million. As further validation of the project, Blue Lagoon has secured a $2 million line of credit from Nicola Mining, which can be drawn in $500,000 tranches — without any encumbrance on the Company’s mineral property. While the Company may ultimately never need to draw on this facility, having access to it provides an important financial backstop. It ensures capital is available if needed to support production ramp-up, seize opportunity, or manage any unforeseen short-term needs — all without causing further dilution to existing shareholders.

SENIOR UNDERGROUND GEOLOGIST HIRED TO

STRENGTHEN TECHNICAL TEAM

The Company is also pleased to welcome Michael McCardal as Senior Underground Geologist. Mr. McCardal brings three decades of underground gold mining experience with producers including Ascot Resources, Barkerville Gold Mines, Pure Gold Mining, and Kirkland Lake Gold.

At Ascot’s Big Missouri deposit, he led underground sampling protocols, grade tracking, and stope planning. At Kirkland Lake’s Macassa and Taylor Mines, he was instrumental in ore control, face mapping, and production reconciliation.

‘Mike’s experience will be very helpful in establishing best-in-class grade control and optimizing early stopes as we move into production this summer,’ said Vig.

INSPECTIONS PASSED WITH FLYING COLOURS

As part of its final mine preparation, the Company successfully passed three separate government inspections, confirming operational readiness across critical areas:

• Electrical Inspection – Verifying compliance with site-wide above and underground power systems.

• Reclamation & Geoscience Inspection – Reviewing on-going geological reporting and reclamation progress.

• Ground Control & Health and Safety Inspection – Ensuring safe above and underground conditions and mining procedures.

‘These clean inspections are a testament to the strength of our team and the standard of work being done at Dome Mountain,’ said Yannis Tsitos, Chair of the Company’s mining committee.

  CONSTRUCTOIN OF WATER TREATMENT PLANT COMPLETE

Construction of Blue Lagoon’s water treatment system — a critical component of the Company’s environmental compliance plan — is now complete and partially commissioned, as required under the Company’s Mines Act permit.

The system consists of two integrated technologies: a High-Density Sludge (HDS) circuit, which is fully installed and operational, and a Moving Bed Biofilm Reactor (MBBR) , designed to treat ammonia and nitrates from blasting residues using a microbial process. The MBBR circuit has also been fully constructed and is about to undergo microbial activation — a biological ramp-up that typically takes 2 to 4 weeks.

Designed to meet all regulatory discharge standards, the plant is engineered to treat mine water efficiently and in full alignment with the Company’s permit conditions. Blue Lagoon worked closely with Soren Jensen , the Company’s principal environmental consultant from SRK Consulting. Mr. Jensen holds a master’s degree in chemical engineering and has developed, designed, commissioned, and operated mine water treatment systems for mining operations for over 20 years, including similar treatment plants at other underground gold mines in Northern Canada.

Just as importantly, the Company collaborated closely with regulatory agencies and the Lake Babine Nation throughout the design and construction process to ensure the system meets both technical and community expectations.

With the construction of the water treatment system complete and regulatory milestones achieved, the Company is advancing mine development activities in accordance with its permit.   Environmental monitoring will continue during the MBBR activation phase to ensure ongoing compliance as the system reaches full operational capacity.

This milestone represents a major step toward production readiness and reinforces Blue Lagoon’s commitment to responsible, permit-driven development. The official mine opening is scheduled for July 9, 2025.

About Blue Lagoon Resources Inc.

Blue Lagoon Resources is a Canadian based publicly listed mining company (CSE: BLLG; FSE: 7BL; OTCQB: BLAGF) focused on building shareholder value through the aggressive development of its 100% owned Dome Mountain Gold project. The Company is run by professionals with significant finance and mining experience and operates within a prime mining jurisdiction in British Columbia, Canada. With the granting of a full mining permit, a key milestone achieved in February 2025 – one of only nine such permits issued in British Columbia since 2015 – Blue Lagoon is now focused on last preparatory activities and tasks related to the safe and secure opening of the Dome Mountain Gold Mine, targeting Q3 2025 as the start of gold production . The Company’s primary objective has always been to become a cash-flowing mining company, to ultimately deliver tangible monetary value to shareholders, state, and local communities.

The Company is not basing its production decision at Dome Mountain on a feasibility study of mineral reserves demonstrating economic and technical viability. The production decision is based on having existing mining infrastructure, past bulk sampling and processing activity, and the established mineral resource.  The Company understands that there is increased uncertainty, and consequently a higher risk of failure, when production is undertaken in advance of a feasibility study.

For further information, please contact:

Rana Vig

President and CEO

Telephone: 604-218-4766

Email: ranavig@bluelagoonresources.com

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Statement Regarding Forward-Looking Information: This release includes certain statements that may be deemed ‘forward-looking statements’. All statements in this release, other than statements of historical facts, that address events or developments that Blue Lagoon Resources Inc. (the ‘Company’) expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words ‘expects’, ‘targets’, ‘plans’, ‘anticipates’, ‘believes’, ‘intends’, ‘estimates’, ‘projects’, ‘potential’, ‘mine’, ‘production’ and similar expressions, or that events or conditions ‘will’, ‘would’, ‘may’, ‘could’ or ‘should’ occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include results of exploration activities may not show quality and quantity necessary for further exploration or future exploitation of minerals deposits, volatility of gold and silver prices, delays in mine development activities, future cash flow expectations and continued availability of capital and financing, permitting and other approvals, and general economic, market or business conditions.  Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management, contractors and consultants on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s, contractor’s and consultants’ beliefs, estimates or opinions, or other factors, should change.

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SAGA Metals Appoints Accomplished Mining Executive Peter Hogendoorn to Board of Advisors and Engages Xander Capital Partners

Saga Metals Corp. (‘SAGA’ or the ‘Company’) (TSXV: SAGA) (OTCQB: SAGMF) (FSE: 20H) a North American exploration company focused on critical minerals discovery, is pleased to announce the appointment of seasoned mining executive Peter Hogendoorn to its Board of Advisors, along with a key investor relations partnership aimed at elevating shareholder engagement and corporate visibility.

Appointment of Peter Hogendoorn to Board of Advisors

With over three decades of experience, Mr. Hogendoorn has specialized in financing junior mining and technology companies in both public and private sectors. As the founder and owner of Wrenswood Capital Corp for the past 20 years, he has focused on investing in and advising numerous start-ups and facilitating the revitalization of defunct operations. In 2012, he raised $16M through a joint venture that financed the original Sage Plains potash discovery well, which is still regarded as the richest potash discovery well in history. In 2021, he founded Sage Potash Corp. (TSXV: SAGE), of which he is currently CEO, where he has advanced permitting and engineering for initial production of 150,000 TPY, with State and Private Mineral leases of approximately 30,000 acres and BLM prospecting permit applications on an additional 58,000 acres.

‘We are thrilled to welcome Peter to Saga Metals’ board of advisors, where his proven track record as a distinguished mining executive will significantly enhance our strategic vision,’ said Mike Stier, CEO & Director of Saga Metals. ‘Peter’s extensive experience in driving successful mineral exploration and development aligns seamlessly with our mission to advance critical mineral projects, particularly our Radar Titanium project in Labrador.’

Mr. Hogendoorn commented: ‘I’m excited by SAGA’s team and vision for developing strategic critical minerals that are traditionally produced in foreign jurisdictions. This has resulted in an overleverage of import dependence on critical minerals in Western economies. Such is the case for both Titanium and Potash with many starting to see the bull market opportunity ahead. Located in Labrador with proximal seaport access, I believe there exists an excellent opportunity to create important local jobs, and wealth creation as SAGA strives to become a major producer of titanium and other strategic critical minerals.’

Strategic IR Engagement with Xander Capital Partners

The Company is also pleased to announce that it has entered into an investor relations agreement dated June 30, 2025 (the ‘ Agreement ‘) with Xander Capital Partners Inc. (‘ Xander ‘), pursuant to which Xander will provide investor relations and market consulting services for an initial period of 12 months, subject to extension by mutual agreement of both parties. The Agreement can be terminated by giving 30 days’ prior written notice of termination to the other party or by mutual written agreement of the parties.

Xander has been engaged to heighten market awareness of the Company and to broaden the Company’s reach within the investment community. Pursuant to the Agreement, Xander will provide the following services to the Company: brand awareness, introductions to mining industry partners, research analysts, investment bankers, advisors, potential board members and digital marketing professionals. The Company will pay Xander a monthly cash fee of USD $10,000 as consideration for the services and 700,000 stock options (each, an ‘ Option ‘), which Options are exercisable for a period of two (2) years from the date of grant and vest quarterly over a period of 12 months. The Options were issued to Rob Guzman and James Hellwarth, both principals of Xander.

Xander Capital Partners, a leading investor relations firm with over 30 years of cumulative industry experience whose clientele has included public companies such as Alpha Lithium Corp. from inception in 2019 to the recent $300-million-plus buyout in 2023. Xander’s engagement is expected to elevate the Company’s capital markets profile, ensuring that SAGA’s growth story reaches a broad and sophisticated investor base. Xander is headquartered in Orlando, with their reach expanding internationally. Their services include introductions to high-net-worth individuals, assistance with the raising of equity capital, and corporate sponsorship.

The Agreement remains subject to the approval of the TSX Venture Exchange (the ‘ Exchange ‘).

Going forward please contact Rob Guzman, Investor Relations, for more information related to the Company and its projects.

Contact details:

Toll Free Tel: +1 (844) 724-2638
Email: rob@sagametals.com

About Saga Metals Corp.

Saga Metals Corp. is a North American mining company focused on the exploration and discovery of a diversified suite of critical minerals that support the global transition to green energy. The Radar Titanium Project comprises 24,175 hectares and entirely encloses the Dykes River intrusive complex, mapped at 160 km 2 on the surface near Cartwright, Labrador. Exploration to date, including a 2,200m drill program, has confirmed a large and mineralized layered mafic intrusion hosting vanadiferous titanomagnetite (VTM) with strong grades of titanium and vanadium.

The Double Mer Uranium Project, also in Labrador, covers 25,600 hectares featuring uranium radiometrics that highlight an 18km east-west trend, with a confirmed 14km section producing samples as high as 0.428% U 3 O 8 and uranium uranophane was identified in several areas of highest radiometric response (2024 Double Mer Technical Report).

Additionally, SAGA owns the Legacy Lithium Property in Quebec’s Eeyou Istchee James Bay region. This project, developed in partnership with Rio Tinto, has been expanded through the acquisition of the Amirault Lithium Project. Together, these properties cover 65,849 hectares and share significant geological continuity with other major players in the area, including Rio Tinto, Winsome Resources, Azimut Exploration, and Loyal Lithium.

With a portfolio that spans key minerals crucial to the green energy transition, SAGA is strategically positioned to play an essential role in the clean energy future.

On Behalf of the Board of Directors

Mike Stier, Chief Executive Officer

For more information, contact:
Saga Metals Corp.
Rob Guzman, Investor Relations
Tel: +1 (844) 724-2638
Email: rob@SAGAmetals.com
www.SAGAmetals.com

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

Cautionary Disclaimer
This news release contains forward-looking statements within the meaning of applicable securities laws that are not historical facts. Forward-looking statements are often identified by terms such as ‘will’, ‘may’, ‘should’, ‘anticipates’, ‘expects’, ‘believes’, and similar expressions or the negative of these words or other comparable terminology. All statements other than statements of historical fact, included in this release are forward-looking statements that involve risks and uncertainties. In particular, this news release contains forward-looking information pertaining to the Company’s advisors, projects and investor relations. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations include, but are not limited to, changes in the state of equity and debt markets, fluctuations in commodity prices, delays in obtaining required regulatory or governmental approvals, environmental risks, limitations on insurance coverage, risks and uncertainties involved in the mineral exploration and development industry, and the risks detailed in the Company’s continuous disclosure, filed under its SEDAR+ profile at www.sedarplus.ca. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements only as expressly required by applicable law.

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Nuvau Announces Voting Results of Its Annual and Special Meeting of Shareholders and Announces the Appointment of Steven Bowles as Chair of the Board

 Nuvau Minerals Inc. (TSXV: NMC) (the ‘Company’ or ‘Nuvau’) is pleased to announce the results of its annual and special meeting of shareholders of the Company (the ‘Meeting’) held on June 26, 2025.

A total of 18,122,588 common shares of the Company (‘Common Shares‘) were represented, in person or by proxy, at the Meeting, representing approximately 35.5% of the total issued and outstanding common shares as of the record date of the Meeting.

All matters presented for shareholder approval at the Meeting were overwhelmingly approved as follows:

  • Peter van Alphen, Ewan Downie, Fariah Mir, Christina McCarthy, Michael Vitton and Steven Bowles were each re-elected as directors of the Company for the ensuing year;
  • Ernst & Young LLP was re-appointed as auditor of the Company for the ensuing year and the directors of the Company have been authorized to fix their remuneration; and
  • the Company’s omnibus equity incentive plan was re-approved by shareholders in accordance with the policies of the TSX Venture Exchange (the ‘Omnibus Plan‘).

The Omnibus Plan was last adopted by shareholders of the Company on August 29, 2024. The Omnibus Plan is a fixed 10% plan and provides for the grant of options, restricted share units, performance share units and deferred share units. The aggregate maximum number of Common Shares reserved for issuance pursuant to the Omnibus Plan is 5,109,999 Common Shares (less any Common Shares reserved for issuance under outstanding awards and under other security-based compensation arrangements of the Company). The Omnibus Plan has received conditional acceptance from the TSX Venture Exchange.

In addition, and further to the Company’s commitment to growing its business within Quebec, the Company is pleased to announce the appointment of Quebec based Steven Bowles as Chair of the board of the directors of the Company effective as of June 27, 2025. Steven Bowles has extensive experience in the Mining & Metals sector, encompassing private equity, private credit, M&A, and projects/operations management. He currently serves as Managing Director at Nebari Partners. Prior to this role, he held the position of Senior Director of investment in natural resources and energy within Investment Quebec’s private equity group.

For more details regarding the matters presented at the Meeting, please refer to the management information circular dated May 26, 2025, which is accessible on SEDAR+ (www.sedarplus.ca) under the Company’s issuer profile and on the Company’s website at www.nuvauminerals.com.

About Nuvau Minerals Inc.

Nuvau is a Canadian mining company focused on the Abitibi Region of Québec. Nuvau’s principal asset is the Matagami Property that is host to significant existing processing infrastructure and multiple mineral deposits and is being acquired from Glencore.

For more information go to our website www.nuvauminerals.com.

For further information please contact:

Nuvau Minerals Inc.
Peter van Alphen
President and CEO
Telephone: 416-525-6023
Email: pvanalphen@nuvauminerals.com

Cautionary Statement on Forward-Looking Information

This news release contains ‘forward-looking information’ within the meaning of applicable Canadian securities legislation based on expectations, estimates and projections as at the date of this news release. Any statement that involves predictions, expectations, interpretations, beliefs, plans projections, objectives, assumptions, future events or performance (often, but not always, using phrases such as ‘expects’, or ‘does not expect’, ‘is expected’, ‘interpreted’, ‘management’s view’, ‘anticipates’ or ‘does not anticipate’, ‘plans’, ‘budget’, ‘scheduled’, ‘forecasts’, ‘estimates’, ‘potential’, ‘feasibility’, ‘believes’ or ‘intends’ or variations of such words and phrases or stating that certain actions, events or results ‘may’ or ‘could’, ‘would’, ‘might’ or ‘will’ be taken, occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information. This news release contains forward-looking information pertaining to, among other things: the Company’s ability to complete the earn-in to acquire the Matagami Property; the Matagami Property holding multiple mineral deposits; and the significance of existing infrastructure at the Matagami Property.

Forward-looking information is not a guarantee of future performance and is based upon a number of estimates and assumptions of management, in light of management’s experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Factors that could cause actual results to differ materially from such forward-looking information are set out in the Company’s public disclosure record on SEDAR+ (www.sedarplus.ca) under the Company’s issuer profile. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward- looking information, whether as a result of new information, future events or otherwise, other than as required by law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

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