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Here’s a quick recap of the crypto landscape for Friday (April 11) as of 9:00 p.m. UTC.

Bitcoin and Ethereum price update

At the time of this writing, Bitcoin (BTC) was priced at US$83,823.99 and up 5.2 percent in 24 hours. The day’s range has seen a low of US$81,675.28 and a high of U$83,968.58.

Bitcoin performance, April 11, 2025.

Bitcoin performance, April 11, 2025.

Chart via TradingView.

Markets recovered on Friday afternoon after a week of unprecedented volatility triggered by an ongoing trade war between the US and China. Stronger-than-expected producer price index data out of the US suggests inflation could be easing, igniting a recovery for the crypto and stock markets.

Ethereum (ETH) is priced at US$1,565, a 3 percent increase over the past 24 hours. The cryptocurrency reached an intraday low of US$1,549.00 and a high of US$1,582.64.

Altcoin price update

  • Solana (SOL) is currently valued at US$120.57, up 8.4 percent over the past 24 hours. SOL experienced a low of US$118.23 and a high of US$121.52 on Friday.
  • XRP is trading at US$2.05, reflecting a 4.2 percent increase over the past 24 hours. The cryptocurrency recorded an intraday low of US$1.99 and a high of US$2.06.
  • Sui (SUI) is priced at US$2.22, showing an increaseof 6.5 percent over the past 24 hours. It achieved a daily low of US$2.17 and a high of US$2.24.
  • Cardano (ADA) is trading at US$0.6279, reflecting a 4.9 percent increase over the past 24 hours. Its lowest price on Friday was US$0.6175, with a high of US$0.6313.

Crypto news to know

Trump overturns IRS DeFi rule

US President Donald Trump has signed into law a bill nullifying an Internal Revenue Service (IRS) rule that controversially expanded the definition of “broker” to include decentralized finance (DeFi) platforms.

The regulation, finalized in the waning days of the Biden administration, would have required DeFi protocols — which operate without intermediaries — to report detailed user transaction data to the IRS, something crypto developers argued was both technically unfeasible and legally dubious.

With bipartisan support, both chambers of Congress passed the reversal using the Congressional Review Act. The decision is part of Trump’s broader pledge to position the US as a global crypto leader.

In his first week back in office, he created a federal working group on cryptocurrency regulation and signed an executive order to build a national Bitcoin reserve. The Trump administration has also repeatedly criticized the Biden-era IRS framework as stifling innovation and creating legal liabilities for developers.

SEC issues guidance on crypto securities disclosures

Intending to build on the US Securities and Exchange Commission’s (SEC) Crypto Task Force, the commission’s Division of Corporation Finance issued guidance on how federal securities laws should apply to crypto.

The commission said companies issuing or dealing with tokens that could be securities should give better details about their business. However, the statement didn’t provide clarity on what digital assets could be securities.

Crypto companies typically provide details about their operations, the function of their tokens, and their plans for generating revenue. They also address their future involvement with any launched crypto networks or apps, specifying who will take responsibility for them if the company itself does not.

The SEC has requested that cryptocurrency companies provide additional details about their technology. This includes specifying whether their product uses a proof-of-work or proof-of-stake blockchain, as well as information about its block size, transaction speed, reward mechanisms and the measures taken to ensure network security.

The SEC also asked whether the protocol is open-source or not.

It added that a company should share if a protocol’s code can be modified, and if so, who can make such changes and whether the smart contracts involved have been subjected to a third-party security audit.

Other disclosures the statement mentioned are whether the token’s supply is fixed and how it was or will be issued, along with identifying executives and “significant employees.”

New York moves to let state agencies accept crypto payments

New York could soon become one of the first US states to formally integrate cryptocurrency into government operations.

A newly filed bill, Assembly Bill A7788, introduced by Assemblymember Clyde Vanel, proposes to allow state agencies to accept crypto — including Bitcoin, Ethereum, Litecoin, and Bitcoin Cash — for a wide range of payments such as taxes, fees, rent, and fines.

The proposed legislation would authorize agencies to enter agreements with crypto payment providers, ensuring that final settlements are made in fiat currency to shield state budgets from crypto market volatility.

More importantly, the bill stipulates that debts would not be considered legally settled until the state receives full fiat payment, preserving the integrity of public finance processes.

Agencies may also charge service fees to offset transaction costs and volatility hedging. While this is not the first time such a proposal has emerged — similar bills were introduced in previous legislative sessions but failed to advance — the current climate of growing mainstream adoption and Trump-era pro-crypto sentiment may improve its chances.

SEC and Ripple seek abeyance in legal proceedings

The SEC and Ripple have filed a joint motion to put their appeals in abeyance, pausing proceedings in a sign that both entities anticipate a settlement will be reached when newly appointed SEC Chairman Paul Atkins takes over.

The Senate confirmed Atkins on April 9; however, no date has been set for his swearing-in.

“An abeyance would conserve judicial and party resources while the parties continue to pursue a negotiated resolution of this matter,” the parties jointly stated in an April 10 court filing. Ripple’s defense attorney, James Filan, said the new filing supersedes the April 16 deadline for Ripple to respond to the SEC’s brief filed in January.

In other developments, the SEC dismissed its lawsuit against Helium developer Nova Labs for allegedly issuing unregistered securities.

BlackRock reports digital asset inflows

BlackRock (NASDAQ:BLK) released its Q1 earnings report on Friday, reporting US$84 billion in total net inflows in the first quarter of 2025, marking a 3 percent annualized growth in assets under management (AUM).

Its performance was led in part by US$107 billion in net inflows to its iShares ETFs, roughly US$3 billion, or 2.8 percent, directed to digital asset products. Digital AUM amounted to US$50.3 billion at the end of Q1, roughly 0.5 percent of the firm’s US$11.6 trillion total AUM.

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

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

This post appeared first on investingnews.com

Ecuadorian President Daniel Noboa – who’s served just 16 months after a 2023 snap election – is now projected to serve a full four-year term after Sunday’s contest. 

Noboa, a 37-year-old heir to a fortune built on the banana trade, received 55.8% of the vote with more than 92% of ballots counted, according to Ecuador’s National Electoral Council. Leftist lawyer Luisa González, a protégée of former President Rafael Correa, earned 44% in Sunday’s runoff election, but she demanded a recount, alleging ‘grotesque’ election fraud.

President Donald Trump congratulated Noboa on Truth Social, sharing a link to the BBC’s reporting of the center-right leader as the run-off election winner. 

‘Congratulations to Daniel Noboa, who will be a great leader for the wonderful people of Ecuador. He will not let you down!’ Trump wrote.

Noboa, considered a pro-Trump conservative, and González, an ideological ally of Venezuelan dictator Nicolás Maduro, competed in the October 2023 runoff of a snap election triggered by the decision of then-President Guillermo Lasso to dissolve the National Assembly. Sunday marks the third consecutive time that the party of Correa, the country’s most influential president this century, failed to return to the presidency. 

The president declared a state of emergency in seven of its 24 provinces the day before the election, citing increased cartel violence. González alleged voter suppression. 

Here are four things to know about the re-elected leader of the South American country.  

Decreased Homicide Rate

Under Noboa’s watch, the homicide rate dropped from 46.18 per 100,000 people in 2023, to 38.76 per 100,000 people in 2024. But despite the decrease, the rate remained far higher than the 6.85 homicides per 100,000 people seen in 2019.

Noboa, billed as a law-and-order president, is expected to continue applying some of his no-holds-barred crime-fighting strategies that part of the electorate finds appealing but which have tested the limits of laws and norms of governing. 

He declared Ecuador to be in a state of ‘internal armed conflict’ in January 2024, allowing him to deploy thousands of soldiers to the streets to combat gangs and to charge people with terrorism counts for alleged ties to organized crime groups.

Ecuador started 2025 with its bloodiest beginning on record, averaging a murder every hour, according to CBS News. 

The South American country has erupted in drug-trafficking-related violence in the last five years, the New York Times reported, citing how overcrowded jails, corruption and underfunding have resulted in gangs with international backing taking hold. 

Noboa has defended ordering an April 2024 raid on the Mexican Embassy in Quito to apprehend former vice president Jorge Glas, a convicted criminal and fugitive who had been hiding there for months. Further, Noboa entrusted presidential powers while campaigning earlier this year to a government official, unelected Vice President Verónica Abad, as required by the Ecuadorian Code of Democracy.

‘War’ on Cartels 

Last month, Noboa called on U.S., European and Brazilian soldiers to support the Ecuadorian police and military in their ‘war’ against criminal gangs, according to the BBC. He called on the Trump administration, which has designated Tren de Aragua, of Venezuela, and MS-13, of Mexico, as foreign terrorist organizations, to do the same for cartels in Ecuador. 

‘I would be glad if he considers Los Lobos, Los Choneros, Los Tiguerones as terrorist groups because that’s what they really are,’ he told the BBC in March. 

Noboa said 70% of the world’s cocaine exits through Ecuadorian ports, arguing that ‘international forces’ are necessary to combat what started as ‘criminal gangs’ in the country, but have devolved into ‘international narco-terrorist’ groups. 

Relationship-building with President Donald Trump 

During his brief first term, Noboa has sought to establish a friendly relationship with the Trump administration. Grace Jaramillo, an Andean region expert and professor at the University of British Columbia, told the Associated Press these efforts played a role in some voters’ decisions.

‘The majority of Ecuadorians have migrant relatives and know well that a scenario with González, a leftist, would be terrible for deportations,’ Jaramillo told the AP. ‘It’s an issue that touches every middle- and working-class home… Showing closeness to Trump was crucial for many families.’

Ecuadorian officials communicated to Trump allies last month an interest in hosting a U.S. military base in the South American country, as well as negotiating a free trade deal, Reuters reported. 

Ecuador was exempt from Trump’s tariff rollout last week. In February, Ecuador levied a 27% tariff on Mexico. 

A U.S. intelligence assessment conducted days before Sunday’s runoff found that the re-election of incumbent Noboa over González, of the Citizen Revolution party, would better serve American interests over the next four years, CBS News reported. 

One U.S. intelligence official declined to detail the discussions but told CBS that ‘the goal of any partnership or U.S. presence in Ecuador would likely be towards kinetically going after criminal organizations, not simply just a training mission.’ 

Correa ordered the U.S. military out of Ecuador in 2014, the BBC reported. Lasso, and then Noboa, resumed cooperation with the U.S. military a decade later.

Banana Heir 

Noboa is the Miami-born heir to a fortune built on the banana trade – the country’s main crop. He opened an event-organizing company when he was 18 and then joined his father’s Noboa Corp., where he held management positions in the shipping, logistics and commercial areas. His first foray into politics was his stint as a lawmaker. 

In 2023, he became the youngest person elected president of Ecuador at a time when killings, kidnappings, robberies and other criminal activities had become a part of everyday life in the country once considered the ‘island of peace’ in South America. 

The spike in violence is tied to the trafficking of cocaine produced in neighboring Colombia and Peru. Mexican, Colombian and Balkan cartels have set down roots in Ecuador and operate with assistance from local criminal gangs.

In August 2023, then-presidential candidate and anti-corruption crusader Fernando Villavicencio was assassinated. In the months leading up to Noboa’s October 2023 runoff victory, other politicians and political leaders had been killed or kidnapped, car bombs exploded in multiple cities, including the capital, Quito, and inmates rioted in prisons. Seven men held as suspects in Villavicencio’s slaying were killed inside prisons.

The Associated Press contributed to this report.

This post appeared first on FOX NEWS

As Tax Day approaches, the Senate’s DOGE leader announced a new effort Monday aimed at cracking down on federal bureaucrats who have racked up billions in unpaid taxes.

Sen. Joni Ernst, R-Iowa, is introducing the Tax Delinquencies and Overdue Debts are Government Employees’ Responsibility (Tax DODGER) Act in response to reports of tax scofflaws within the bureaucracy the taxes themselves are supposed to bankroll.

The Tax DODGER Act would require the Internal Revenue Service (IRS) to publish an annual report on tax delinquencies of current and retired federal employees, including those who failed to file a 1040 or other tax return.

‘It is outrageous that while hardworking Americans fork over their money to Uncle Sam, nearly 150,000 bureaucrats refuse to pay their own taxes,’ Ernst told Fox News Digital.

The bill also establishes a new section in the law that could consider a federal job applicant ineligible for hire if they have ‘seriously delinquent’ tax debt, unless already granted a hardship exemption.

‘If you don’t pay taxes, you should not work for the federal government,’ Ernst said. 

‘I am ending the ‘rules for thee, but not for me’ mentality in Washington.’

Ernst highlighted a recent Treasury Inspector General report showing that while 96% of IRS employees were found to be tax-compliant, more than 2,000 employees had past-due balances totaling more than $12 million as of the end of last year.

Meanwhile, a 2023 IRS report found 149,000 total federal employees owed $1.5 billion in tax liabilities for fiscal year 2021.

Sen. Joni Ernst calls for

She wrote to Treasury Secretary Scott Bessent in March that Americans and many lawmakers had ‘lost confidence in the IRS’ and that he had an opportunity as the agency’s new ultimate boss to address several issues that don’t need congressional approval.

The lawmaker referenced past political weaponization of the agency – such as when Obama-era staffer Lois Lerner allegedly targeted conservative groups – as well as upgrading the IRS’ reportedly outdated technology.

As part of her initial effort last fall to forge a working relationship with DOGE leader Elon Musk, Ernst similarly launched a call for an audit of the IRS.

Treasury Secretary Bessent says Trump will keep insisting on fair trade for the American people

If passed, the bill would require that reports on tax-scofflaw bureaucrats be sent on an annual basis to the Office of Personnel Management, Senate Homeland Security and Government Affairs Committee, and House Oversight Committee.

Additionally, any agency leader may take personnel action up to and including the firing of a federal employee if there is administrative or judicial determination they understated their tax liability or failed to file a return.

This post appeared first on FOX NEWS

“I was told they made a mistake.” This is the way US President Donald Trump characterized Russia’s “horrific” double-tap missile strike on central Sumy, Ukraine, on Saturday, which allegedly used cluster munitions to maximize casualties.

The Iskander missiles reportedly utilized are accurate, and the use of two of them could suggest a degree of purpose and malice, aimed at hitting first responders too as they rush in. It is unlikely the Kremlin saw the error of its ways – this tactic being now so common – and perhaps a sympathizer is instead excusing Russia to the US president.

The weekend’s strike was, to Ukraine’s allies, a gruesome reminder of Moscow’s true intent in its invasion: to terrify Ukrainians into submission. The target, Sumy, is also in Russia’s immediate crosshairs, as President Vladimir Putin claims to seek a buffer zone inside of Ukraine by pounding this thriving border city.

The attack also placed unwelcome emphasis on just how little fruit the White House’s relentless pursuit of diplomacy has borne. Trump said Friday on social media that Russia had to “get moving,” but provided no deadlines or explicit consequences if it did not, although secondary tariffs on its oil purchasers have been floated.

Trump has made similar comments before – admonishing Moscow for its onslaught on Ukraine’s civilians, while also expressing broader grief at the tragedy of war in general, rather than fury at the Kremlin’s specific massacres, say of nine children at a Kryvyi Rih playground days earlier.

The truth Trump may be reluctant to post about is that Russia’s diplomacy has predictably dissolved into a dizzying Catherine wheel of tangents. It generates the requisite light and noise, but is of little consequence, bar Moscow continuing to buy time and prosecute the war on its own terms.

American and Russian diplomats are now on a carousel of Moscow’s apparent design, with multiple tracks leaving scant chance of real progress. Trump’s foreign envoy Steve Witkoff intermittently flies to Russia, to presumably hear demands direct from the Kremlin, whose official called his Friday visit to St Petersburg “productive.” Higher-level American and Russian diplomats meet in Saudi Arabia to float ceasefire ideas and a wider detente, while lower-level diplomatic meetings began in the new venue of Turkey last week to address the technical details of embassies reopening.

And there is a separate diplomatic US-Ukraine track over peace, also in Saudi Arabia, that has so far proposed a wide-ranging ceasefire that Russia has yet to agree to. Instead, a limited 30-day energy infrastructure ceasefire – chaotically birthed and barely adhered to – ends on Friday. This first test of diplomacy, seemingly dead on arrival, is somehow yet to cast future endeavors as problematic.

The above flow chart, or lapsed Venn diagram, has the singular unifying thread of the Trump administration seeking progress from multiple different dialogues it hopes will eventually congeal into a singular lasting peace. Five different, current conversations, and that is even if you don’t count the mostly silent role of Trump’s special envoy to Ukraine and Russia Gen. Keith Kellogg, or the intermittent but overarching influence that Putin-Trump phone calls take.

This disparate and confusing interface is, Moscow’s critics say, a standard Russian tactic to buy time while appearing engaged. The Trump administration brimmed with 24-hour to 100-day deadlines about peace prior to the rubber hitting the road. Now there is no deadline – or end to the metastasizing talks – in sight.

Why does Putin seek time? Because he believes Trump has been proven to be easily distracted and is interested in an easy win, but not a complex compromise. Putin also clearly believes this summer he can win a tangible victory on the front lines that will change the dynamic in talks.

His onslaught on Sumy is intended to buy Russia space on the border, but also drag Ukraine’s forces in. Russia is making slow yet discomforting progress to the south of Zaporizhzhia, an area where nearly two years ago its counteroffensive was meant to have broken through. One Ukrainian intelligence officer recently moved to near the city of Kharkiv described a front line quieter than expected, and anxiety as to what lies ahead.

Concerns are growing that Russia is amassing reinforcements, waiting for the ground to dry in May to escalate a spring offensive that Ukrainian officials say has already partially begun. Kyiv has hinted at an artillery ammunition shortage in the weeks ahead, and recent pledges by its allies may not have headed off that imminent crisis. It is going to be a very difficult summer for Ukraine.

This is the real rubber hitting the road. Moscow has invested all in a war in which it simply cannot afford anything less than victory. It does not see gain in forging a deal over frozen front lines now. The momentum – with a White House tearing up economic and security norms by the sheaf, and Ukraine struggling to meet manpower and resource needs – is day by day more in its favor. The Russians are stalling for time as they believe it is on their side.

Their European allies are disconcertingly readying for two unpleasant potential futures. The first is the possibility of a Ukrainian collapse and the need for NATO’s European members to hold back the Russians without American assistance. This is a more remote likelihood, but the undertone of preparations across the continent. The second possibility is more feasible and public: the British and French are spearheading preparations for a “reassurance force” to protect any ceasefire. The noise, and planning, serves two purposes: it allows Kyiv to agree to diplomacy knowing it has some security guarantees in place. And it partially embarrasses Moscow into stonewalling a peace plan that is increasingly ready to roll.

But with each rotation of the diplomatic Catherine wheel, the terms of actual peace become more dizzying. Putin seems less willing to offer even a partial pause as he believes ultimately Trump is toothless and will not punish him effectively for refusing this détente.

Trump said of US talks with Russia and Ukraine at the weekend: “You know, there’s a point at which you have to either put up or shut up.” His problem is that both he and the Kremlin are happy to keep talking. And neither wants to put up either: Trump is reluctant to impose harsh sanctions and disrupt his relationship with Moscow, and the Kremlin seems to have no desire to stop the war.

Trump added: “We’ll see what happens, but I think it’s going fine.” Ukraine must be left hoping he does not mean simply that the country’s fate will be permanently eclipsed by another crisis.

This post appeared first on cnn.com

Former Brazilian President Jair Bolsonaro was recovering in an intensive care unit on Monday after a tricky 12-hour surgery due to recurring intestinal issues since he was stabbed while campaigning in 2018.

The 70-year-old conservative firebrand was awake and doing “very well” in the intensive care unit, where he will remain during a slow recovery, doctors at the DF Star Hospital told journalists. It was his fifth surgery since the 2018 stabbing.

The former president was hospitalized on Friday after strong abdominal pains during an event with supporters in northeastern Brazil, forcing him to break off a regional tour aimed at drumming up support ahead of a trial before the Supreme Court.

Bolsonaro was transferred to the nation’s capital, Brasilia, where he lives, on Saturday night.

The surgery was difficult due to Bolsonaro’s prior surgeries and stab wound, but Sunday’s procedure did not have unexpected complications and the result was satisfactory, doctors said, adding that hospital visits for now should be limited to family.

This post appeared first on cnn.com

A British man has died after falling from a viewing platform at a famed Roman aqueduct in the Spanish city of Segovia.

Emergency services were called after the 63-year-old man suffered a fall at around 1 p.m. local time (7 a.m. ET) on Saturday, according to a statement from the Castile and León regional government.

Attempts to resuscitate the man were unsuccessful and he was declared dead at the scene, according to the statement.

“We are supporting the family of a British national who has died in Spain and are in contact with the local authorities,” said a spokesperson.

Segovia is located around 40 miles northwest of the Spanish capital Madrid, in the center of the country.

It is a popular tourist destination that draws visitors keen to see the Roman aqueduct, which was built under Emperor Trajan, who ruled from 98–117.

Still in use to this day, the aqueduct carries water from the Frío River to the city of Segovia.

The central section has two layers of arches that stand 28.5 metres (93.5 feet) above the ground.

This post appeared first on cnn.com

Osisko Metals Incorporated (the ‘ Company or ‘ Osisko Metals ‘) ( TSX-V: OM ; OTCQX: OMZNF ; FRANKFURT: 0B51 ) is pleased to announce initial drilling results from the 2025 drilling program at the Gaspé Copper Project, located in the Gaspé Peninsula of Eastern Québec. Results for five holes are reported below, collared at the southern margin of the mineralized deposit as defined in the 2024 Mineral Resource Estimate (MRE, see attached map and November 14, 2024 news release ).

Highlights (see Table 1 below):

  • Drill hole 30-1059 intersected 300.0 metres grading 0.39% Cu and 3.17 g/t Ag within the 2024 MRE model where there was limited historical data.
  • Drill hole 30-1060 intersected 220.5 metres grading 0.29% Cu and 2.09 g/t Ag within the 2024 MRE model, as well as 211.0 metres grading   0.42% Cu and 2.27 g/t Ag at depth below the 2024 MRE model, extending mineralization to a vertical depth of 598 metres.
  • Drill hole 30-1063 intersected 109.5 metres grading 0.32% Cu and 2.52 g/t Ag within the 2024 MRE model, as well as 61.5 metres grading   0.33% Cu and 2.60 g/t Ag, and 43.5 metres grading   0.48% Cu and 3.20 g/t Ag at depth below the 2024 MRE model, extending mineralization to a vertical depth of 678 metres.
  • Drill hole 30-1069 intersected 237.0 metres grading 0.32% Cu and 2.46 g/t Ag within the 2024 MRE model, as well as 148.8 metres grading   0.63% Cu and 4.40 g/t Ag at depth below the 2024 MRE model, extending mineralization to a vertical depth of 528 metres.
  • Drill hole 30-947, an un-assayed historical hole located 110 metres south of the 2024 MRE model, was stockpiled on site and the core recovered and assayed, yielding five significant intersections, including 82.0 metres grading 0.31% Cu and 2.55 g/t Ag. These results indicate that the deposit is open to the south.

Robert Wares, Osisko Metals CEO, commented: ‘We are very pleased with these new drill results at Gaspé, which have exceeded our expectations. All holes intersected significant disseminated mineralization within the volume of the 2024 MRE model, and new mineralization has been added at depth well below the base of the 2024 MRE model, which was constrained to the lower contact of the C Zone skarn horizon. Drill core from historical hole 30-947 was also recovered and assayed, yielding positive results and indicating that the deposit extends laterally 110 metres south of the 2024 MRE model and remains open in that direction. This is an excellent start to the 2025 drill program, and we look forward to a regular flow of results from our 110,000-metre program as we confirm our large existing copper resource, and aim to expand it at depth, to the south and to the west towards Needle Mountain.’

Table 1: Drill Hole Mineralized Intervals; intersections indicated in bold occur outside the November 2024 MRE model. See attached map for drill hole locations.

DDH No. From To Intersection Cu Ag Mo
(m) (m) (m) % g/t %
30-0947 41.0 106.0 65.0 0.17 1.49
And 159.5 194.0 34.5 0.30 2.13
And 229.0 311.0 82.0 0.31 2.55
And 408.0 444.9 36.9 0.34 2.98 0.010
And 485.5 533.5 48.0 0.33 2.85
30-1059 8.0 308.0 300.0 0.39 3.17
And 501.0 535.0 34.0 0.28 2.33
30-1060 26.0 246.5 220.5 0.29 2.09
And 387.0 598.0 211.0 0.42 2.27 0.009
30-1063 86.0 155.0 69.0 0.56 3.30
(including) 114.2 120.6 6.4 3.19 16.8
And 192.0 301.5 109.5 0.32 2.52 0.019
And 490.5 552.0 61.5 0.33 2.60 0.011
And 634.5 678.0 43.5 0.48 3.20
30-1069 30.0 267.0 237.0 0.32 2.46
(including) 252.0 264.0 12.0 1.46 9.76
And 303.0 342.0 39.0 0.81 6.85
And 374.7 528.5 148.8 0.63 4.40
(including) 442.5 482.2 39.7 1.21 8.18

All drill holes were drilled sub-vertically into the Gaspé Copper altered calcareous stratigraphy that dips 20 to 25 degrees to the north; true widths are estimated at 90-92% of reported widths. The L1 (C Zone) the L2 (E Zone) skarn/marble horizons were intersected in all holes, as well as intervening porcellanites (potassic-altered hornfels) that host the bulk of the disseminated copper mineralization.

Mineralization occurs as disseminations and veinlets of chalcopyrite and is mostly stratigraphically controlled in the area of Needle Mountain, Needle East and Copper Brook. As expected, no significant molybdenum mineralization was encountered in porcellanites in the latter areas, but high grades (up to 0.4% Mo) were locally obtained in both the C Zone and E Zone skarns. The bulk of the molybdenum mineralization occurs in the stockworks further north at Copper Mountain, where true porphyry copper-style stockwork mineralization occurs, forming a distinct secondary mineralized zone that is characterized by widespread, continuous copper-molybdenum mineralization radiating from the central source of hydrothermal fluids, i.e. the Copper Mountain porphyry intrusion. At least five vein/stockwork mineralizing events have been recognized at Copper Mountain, which overprint earlier skarn/porcellanite-hosted mineralization throughout the Gaspé Copper system. The 2022 to 2024 Osisko Metals drill programs were focused on defining open-pit resources within the Copper Mountain stockwork mineralization, leading to the May 2024 MRE (see May 6, 2024 press release ). Extending the resource model south of Copper Mountain into the poorly-drilled primary skarn/porcellanite portion of the system subsequently led to a significantly increased resource, mostly in the Inferred category (see November 14, 2024 press release ).

The 2025 drill program is primarily designed to convert the November 2024 MRE to Measured and Indicated categories, as well as test the expansion of the system deeper into the stratigraphy and laterally to the south and southwest towards Needle East and Needle Mountain respectively.

Qualified Person

Mr. Bernard-Olivier Martel, P. Geo., an independent consultant, is the Qualified Person responsible for the technical data reported in this news release and he is a Professional Geologist registered in the Province of Quebec.

Quality Assurance / Quality Control

Mineralized intervals reported herein are calculated using an average 0.12% copper lower cutoff over contiguous 20-metre intersections (shorter intervals as the case may be at the upper and lower limits of reported intervals).

Osisko Metals adheres to a strict QA/QC program for core handling, sampling, sample transportation and analyses, including insertion of blanks and standards in the sample stream. Drill core is securely transported to its core processing facility on site, where it is logged, cut and sampled. Samples selected for assay are sealed and shipped to ALS Canada Ltd.’s preparation facility in Sudbury. Pulps are analyzed at the ALS Canada Ltd. facility in North Vancouver, BC. All samples are analyzed by four acid digestion followed by both ICP-AES and ICP-MS for copper, molybdenum and silver.

About Osisko Metals

Osisko Metals Incorporated is a Canadian exploration and development company creating value in the critical metals sector, with a focus on copper and zinc. The Company acquired a 100% interest in the past-producing Gaspé Copper mine from Glencore Canada Corporation in July 2023. The Gaspé Copper mine is located near Murdochville in Québec s Gaspé Peninsula. The Company is currently focused on resource expansion of the Gaspé Copper system, with current Indicated Mineral Resources of   824 Mt grading 0.34% CuEq and Inferred Mineral Resources of 670 Mt grading 0.38% CuEq (in compliance with NI 43-101). For more information, see Osisko Metals’ November 14, 2024 news release entitled ‘ Osisko Metals Announces Significant Increase in Mineral Resource at Gaspé Copper ‘. Gaspé Copper hosts the largest undeveloped copper resource in eastern North America, strategically located near existing infrastructure in the mining-friendly province of Québec.

In addition to the Gaspé Copper project, the Company is working with Appian Capital Advisory LLP through the Pine Point Mining Limited joint venture to advance one of Canada s largest past-producing zinc mining camps, the Pine Point project, located in the Northwest Territories. The current mineral resource estimate for the Pine Point project consists of Indicated Mineral Resources of 49.5 Mt at 5.52% ZnEq and Inferred Mineral Resources of 8.3 Mt at 5.64% ZnEq (in compliance with NI 43-101). For more information, see Osisko Metals June 25, 2024 news release entitled ‘Osisko Metals releases Pine Point mineral resource estimate: 49.5 million tonnes of indicated resources at 5.52% ZnEq’ . The Pine Point project is located on the south shore of Great Slave Lake, Northwest Territories, close to infrastructure, with paved road access, an electrical substation and 100 kilometers of viable haul roads.

For further information on this news release, visit www.osiskometals.com or contact:

Don Njegovan, President Email: info@osiskometals.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 tax treatment of the FT Units; the timing of incurring the Qualifying Expenditures and the renunciation of the Qualifying Expenditures; the ability to advance Gaspé Copper to a construction decision (if at all); the ability to increase the Company’s trading liquidity and enhance its capital markets presence; the potential re-rating of the Company; the ability for the Company to unlock the full potential of its assets and achieve success; the ability for the Company to create value for its shareholders; the advancement of the Pine Point project; the anticipated resource expansion of the Gaspé Copper system and Gaspé Copper hosting the largest undeveloped copper resource in eastern North America.

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, including, without limitation, assumptions about: the ability of exploration results, including drilling, to accurately predict mineralization; errors in geological modelling; insufficient data; equity and debt capital markets; future spot prices of copper and zinc; the timing and results of exploration and drilling programs; the accuracy of mineral resource estimates; production costs; political and regulatory stability; the receipt of governmental and third party approvals; licenses and permits being received on favourable terms; sustained labour stability; stability in financial and capital markets; availability of mining equipment and positive relations with local communities and groups. 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 Osisko Metals’ 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.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/86f64a14-ab80-44b9-804a-0b997e5fc82e

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(TheNewswire)

Juggernaut Exploration Ltd.

Vancouver, British Columbia TheNewswire – April 14 th, 2025 Juggernaut Exploration Ltd. (TSX-V: JUGR) (OTCQB: JUGRF) (FSE: 4JE) (the ‘Company’ or ‘Juggernaut’) is pleased to announce a non-brokered financing of up to $2,650,000. Crescat Capital Funds LLC (‘Crescat’) has agreed to make a strategic investment representing a 28.95% ownership of the Company post-funding on a partially diluted basis. Juggernaut welcomes this strategic investment from Crescat Capital and technical support from Dr Quinton Hennigh. Juggernaut’s Big One Project is garnering strong interest and support from leading institutions and miners globally, confirming the quality of the newly discovered 11 km Highway of Gold surrounding the Eldorado porphyry system on the Big One property. The exciting discovery is in an area of glacial and snowpack abatement next door to the world-class gold-rich porphyry systems at Newmont Mining’s Galore Creek. The Big One Property is a discovery with assays up to 79.01 gt gold (2.54 ozt gold) and 3157.89 gt silver (101.5 ozt silver) from over 200 gold-silver-copper rich polymetallic veins up to 8 m wide and striking for up to 500 m that all remain open at surface. The Big One Project covers 33,693 hectares in a world-class geologic terrane with tremendous additional discovery potential in the heart of the Golden Triangle, British Columbia.

Dr. Quinton Hennigh has taken on the role of special technical advisor to the Company. He is the technical consultant for all Crescat’s gold and silver mining investments. Dr. Hennigh is a world-renowned exploration geologist with over 40 years of experience with major gold mining firms, Homestake Mining, Newcrest Mining, Newmont Mining, and Kirkland Lake/Fosterville. In just the last five years, Dr. Hennigh was instrumental in several material discoveries, including Goliath / Surebet, Newfound / Queensway, SCM / Isidorito, Eloro / Iska Iska, Snowline / Valley, Sitka / RC Gold Project, and Tectonic / Flat.

Dr. Hennigh stated , ‘The Big One gold-silver project has a very similar feel to Goliath’s Surebet gold discovery. To date, reconnaissance prospecting and sampling conducted by Juggernaut’s exploration team have identified a multitude of multi-meter thick quartz-sulfide veins, many of which have yielded +oz per tonne Au and multi-oz per tonne Ag assays. Early indications suggest there is a genetic association of veins with late-stage magmatism in the area, an association seen at Surebet. This season, Juggernaut has a clear mandate to follow up on these results with detailed mapping and channel sampling, much like Goliath did during the early days of the Surebet discovery. The Company’s mission is to get as many targets as possible ready for drill testing either late season or for 2026. I am very eager to see if a new ‘Surebet’ type discovery is in hand.

View Juggernaut videos by Clicking Here .

The charity flow through funding will consist of up to 2,000,000 charity flow through units (‘CFT Units’), priced at $0.825 each for gross proceeds of up to $1,650,000. Each CFT Unit will consist of one charity flow-through common share plus one warrant to purchase one non flow-through common share at $0.75 for a sixty month period with a forced conversion at $1.50, 10 consecutive trading days at or above the strike price, callable at management’s discretion.

Juggernaut is concurrently raising 2,000,000 hard dollar units priced at $0.50 each for gross proceeds of up to $1,000,000. Each hard dollar unit will consist of one common share plus one warrant at $0.75 for a sixty month period with a forced conversion of $1.50, 10 consecutive trading days at or above the strike price, callable at management’s discretion. Upon completion of the charity flow-through and hard dollar financings for a combined total of $2,650,000, which is projected to close on or before May 15th, Crescat will own 28.95% in the company post-financing.

‘Gold exploration is all about swinging for the fence. Persevering with a diversified portfolio of great management and technical teams with bold targets is the key. The cool thing about Juggernaut is that it has the same geologic team as the one behind Goliath Resources, where their Surebet gold discovery has already been a home run, based on personal experience. We are happy to invest in Juggernaut and this team. It’s time for Big One, which may be the best target yet for this company and team. We are eager to support them with capital for another at-bat.’ – Kevin Smith, CFA, Founder & CEO of Crescat Capital .

Directors and officers of the company may acquire securities under the placement, which participation would be a ‘related party transaction’ as defined under Multilateral Instrument 61-101 (‘MI 61-101’). Such participation is expected to be exempt from the formal valuation and minority shareholder approval requirements of MI 61-101.

Mr. Dan Stuart, Director, President, and CEO of Juggernaut, states:

‘We are pleased to strengthen our relationship, both with Crescat Capital as a strategic investor and Dr. Hennigh as a Special Technical Advisor and investor. I look forward to working with our partners who bring a proven track record of both financial and technical strength. This will enable Juggernaut to unlock the full potential of its assets over the long term, building value for all shareholders. This investment and strategic partnership, coupled with the ongoing support and interest from other globally recognized Institutions and senior miners, is a strong endorsement that clearly demonstrates the significant near-term discovery potential of our 100% controlled properties. Post financing, Juggernaut will have an extremely tight capital structure of just 18,355,169 shares, no debt, and a strong cash position of ~ $3,000,000. As such, we are well-positioned to move forward with our plans of drilling The Big One Discovery. With much anticipation, we look forward to executing the inaugural exploration program and reporting results.’

The Company may pay finder’s fees of the gross proceeds from the financing in cash, and compensation options on units being sold. This non-brokered private placement is subject to TSX Venture Exchange approval. All shares issued pursuant to this offering and any shares issued pursuant to the exercise of warrants will be subject to a four-month hold period from the closing date.

About Crescat Capital LLC

Crescat is a global macro asset management firm headquartered in Denver, Colorado. Crescat’s mission is to grow and protect wealth over the long term by deploying tactical investment themes based on proprietary value-driven equity and macro models. Crescat’s goal is industry-leading absolute and risk-adjusted returns over complete business cycles with low correlation to common benchmarks. Over the last several years, Crescat has been building activist stakes in a portfolio of precious metals explorers to express one of its primary macro themes. The company’s investment process involves a mix of asset classes and strategies to assist with each client’s unique needs and objectives, and includes Global Macro, Long/Short, Large Cap, and Precious Metals funds.

About Juggernaut Exploration Ltd.

Juggernaut Exploration Ltd. is an explorer and generator of precious metals projects in the prolific Golden Triangle of northwestern British Columbia. Its projects are in world-class geological settings and geopolitical safe jurisdictions amenable to Tier 1 mining in Canada. Juggernaut is a member and active supporter of CASERM, an organization representing a collaborative venture between the Colorado School of Mines and Virginia Tech. Juggernaut’s key strategic cornerstone shareholder is Crescat Capital.

For more information, please contact

Juggernaut Exploration Ltd.

Dan Stuart

President, Director, and Chief Executive Officer

604-559-8028

info@juggernautexploration.com

www.juggernautexploration.com

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

FORWARD LOOKING STATEMENT

Certain disclosures in this release may constitute forward-looking statements that are subject to numerous risks and uncertainties relating to Juggernaut’s operations that may cause future results to differ materially from those expressed or implied by those forward-looking statements, including its ability to complete the contemplated private placement. Readers are cautioned not to place undue reliance on these statements. NOT FOR DISSEMINATION IN THE UNITED STATES OR TO U.S. PERSONS OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES. THIS PRESS RELEASE DOES NOT CONSTITUTE AN OFFER TO SELL OR AN INVITATION TO PURCHASE ANY SECURITIES DESCRIBED IN IT.

Copyright (c) 2025 TheNewswire – All rights reserved.

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President Donald Trump declared ‘HAPPY EASTER!’ in a Truth Social post on Palm Sunday, which falls a week before Easter Sunday.

‘This Holy Week, Christians around the World remember the Crucifixion of God’s Only Begotten Son, our Lord and Savior, Jesus Christ and, on Easter Sunday, we celebrate His Glorious Resurrection and proclaim, as Christians have done for nearly 2,000 years, ‘HE IS RISEN!’’ the president declared in the social media post.

‘Through the pain and sacrifice of Jesus on the Cross, we saw God’s boundless Love and Devotion to all Humanity and, in that moment of His Resurrection, History was forever changed with the Promise of Everlasting Life,’ he continued.

‘As we approach this Joyous Easter Sunday, I want to wish Christians everywhere a Happy and very Blessed Holiday. America is a Nation of Believers. We need God, we want God and, with His help, we will make our Nation Stronger, Safer, Greater, more Prosperous, and more United than ever before. Thank you, and HAPPY EASTER!’

The president also spoke out on the topic in a ‘Presidential Message on Holy Week, 2025’ that the White House issued on Sunday.

‘This Holy Week, Melania and I join in prayer with Christians celebrating the crucifixion and resurrection of our Lord and Savior, Jesus Christ—the living Son of God who conquered death, freed us from sin, and unlocked the gates of Heaven for all of humanity,’ the message begins.

In the message, the president pledged that his ‘Administration renews its promise to defend the Christian faith in our schools, military, workplaces, hospitals, and halls of government. We will never waver in safeguarding the right to religious liberty, upholding the dignity of life, and protecting God in our public square.’

Trump, who narrowly escaped assassination last year, has previously said that he believes his life was saved by God.

‘I was saved by God to make America great again. I believe that,’ he said last month during his address before a joint session of Congress.

The president recently underwent an annual physical exam and has been deemed to be ‘in excellent health,’ by the physician to the president.

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Gang tattoos were once a vital currency in El Salvador, just a few years ago when it was known as the “murder capital of the world.”

Some designs confirmed membership of MS-13 or 18th Street —ultra-violent street organizations that ruled with machetes and intimidation — and commemorated slain gang members while issuing warnings to the living.

Now, under the strict rule of President Nayib Bukele, suspected gang tattoos can be used as evidence of membership in an illegal organization, and lead to detention. Intelligence on those tattoos has also been shared by El Salvador with European countries dealing with gangs, and with the United States, where on Monday Bukele is set for a White House meeting with President Donald Trump.

Tattoos have been used as evidence to deport people from the US and while there are accusations the designs have been misread, El Salvador’s Security and Justice Minister Gustavo Villatoro said he could identify very specific meanings.

“In the past, they had to kill someone, kidnap someone, extort someone to be brought to trial. Now, having tattoos for these organizations is a crime,” García explained.

Evidence of that crime is all around him, in the communal cells where convicted men and those still going through the court process are held.

Cecot was built and opened after Bukele suspended some constitutional rights as he vowed to restore security to El Salvador. Critics say human rights have been forgotten in the mass roundup of men said to be gangsters, with innocents swept up in the dragnet, but the streets are undoubtedly more secure, and many residents say they have new freedom.

The men taken off those streets and put in Cecot — officially named the Terrorism Confinement Center — now stare at visitors from behind bars, meekly obeying orders from armed guards.

Both times we have seen former sworn enemies from MS-13 and 18th Street placed together in cells. In former times, their tattoos would have been enough for a turf war, now they are bunkmates.

“We’re mixed up, and that’s the hardest thing,” Hector Hernandez, a prisoner, told us. “It used to be different, but today the government has taken control.”

His tattoos showed him to be an active member of MS-13, a status he said was still valid, even inside Cecot. He said each design had to be earned, mainly through murder.

“The main thing is to kill and deserve to be a gang member.”

The ink covers some faces, necks, arms and torsos, but García says law enforcement knows there are “very specific” marks that point to gang affiliation and not something innocent.

He had two men remove their prison-issue plain white T-shirts as he explained the new regulations.

“This isn’t a hunt just because a person has tattoos,” he said. “Authorities are searching for members of terrorist organizations who have specific tattoos that identify them with that type of organization.”

Tattoos were used by gangs to commemorate fallen members and issue warnings, officials said.
An M and an S adorn a prisoner's chest, said to represent the Mara Salvatrucha, or MS-13, gang.

The clearest are the letters and numbers from the gang names: MS with 13 in regular or Roman numerals, or 18 for their rivals in the 18th Street gang.

García pointed to the body of a man he said was a clique leader of MS-13 who had been convicted for aggravated homicide.

“He has various tattoos on his body related to MS-13. He is an active member,” García said.

On the man’s back was a large design of Santa Muerte, a female Grim Reaper that became a symbol of the Sinaloa drug cartel in Mexico before becoming adopted by MS-13.

García said the other man was an assassin for 18th Street. He had X, V, III running down one side of his torso. Both inmates confirmed their associations with various cliques and areas where they operated.

García said some symbols he had seen warned people to see nothing, hear nothing and do nothing against the gangs, while others commemorated dead comrades or other personal connections: “Women they love, women who’ve betrayed them.”

Tattoos honoring Real Madrid and depicting a hummingbird

Once Bukele’s regime started retaking control of the streets and locking up people with tattoos, the gangs stopped requiring inked bodies as proof of loyalty, García said, so law enforcement focused on other ways to identify criminals.

But elsewhere, tattoos are still seen as evidence of guilt.

Authorities in the United States have deported hundreds of Venezuelans accused of being part of the Tren de Aragua gang, as well as Salvadorans alleged to be MS-13, to El Salvador, where they are now being held in Cecot.

Jerce Reyes and his partner Mariyin Araujo in 2018. Reyes's soccer themed tattoo is visble on his left arm.

“My brother has tattoos because he’s an artist but that doesn’t make him a criminal,” Nelson said.

From gang allegiance to art

Alejandra Angel, a tattooist in the capital San Salvador, explained: “Never in the history of this country would you see a guy with tattoos working in a restaurant or in a Walmart, never.

“After they ‘cleaned up’ the country everything has changed (with) the visibility of tattoos.”

Angel said she had been a little nervous when the ongoing “temporary” state of emergency was first imposed in March 2022. One of her arms is blacked out, she says to cover designs she no longer liked, but it could appear suspicious to police.

Camilo Rodriguez says these days his clients include professionals like doctors and lawyers.
Tattoos are becoming more common among all kinds of people choosing to show their style, artists said.

Another artist, Camilo Rodriguez, from a different salon, said he had been questioned twice by police about his tattoos at the beginning of the crackdown. But once he explained their significance he said he was free to go.

They said the gangs used to have their own tattooists or coerced people to ink designs.

But now people are free to choose, the artists said, and are no longer afraid of having something on their arm.

“Tattoos are for everyone,” said Rodriguez, who added his clients now included doctors and lawyers. “It’s a very personal language, and you can do whatever you want with it.”

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