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World Copper Provides Update

World Copper Ltd. (‘World Copper’ or the ‘Company’; TSXV: WCU, OTCQB: WCUFF, FSE:7LY0) is pleased to provide an update on the proposed sale of its Zonia Copper project in Arizona (‘Zonia’ or the ‘Project’) to an arms length third party (the ‘Purchaser’) for CAD $26M in cash (the ‘Purchase Price’), payable in tranches, as previously announced on February 19, 2025 (the ‘Proposed Transaction’).

The Purchaser is a metals and mining investment manager with two decades of leadership in investing in and developing mining projects. Pursuant to the terms of the binding letter agreement among the Purchaser, World Copper and World Copper’s Arizona subsidiary (‘Subco’), the Purchaser has approximately 35 days remaining in the 90-day due diligence period, and the Company continues to work diligently with the Purchaser to assist with the completion of the Purchaser’s due diligence on the Project.

The payment of the CAD $26M cash Purchase Price shall be payable as to CAD $8M to World Copper at closing of the Proposed Transaction (the ‘Closing’), an additional instalment of CAD $8M on or before the 15-month anniversary of Closing, and a final instalment of CAD $10M on or before the 30-month anniversary of Closing, subject to the Purchaser’s right to accelerate the additional instalments. Until the payment of the Purchase Price is received in full, it is proposed that the shares of Subco will be held in escrow, and the Purchaser will grant World Copper a security interest over such shares and the Project. If the Purchaser fails to make any instalment payment for the Purchase Price, the shares of Subco will be returned to World Copper and the Purchaser will retain no interest in the Subco shares or the Project.

The Company recently held highly productive discussions and meetings with key representatives including the Buyers’ senior executives. These meetings have significantly reaffirmed the transaction progress, with both parties reaffirming their commitment to complete the transaction.

‘This transaction essentially provides our shareholders with a 260% premium to our current trading price. We are encouraged by the strong alignment and momentum between both parties,’ said Gordon Neal, President & CEO.

The Company will provide further updates as milestones are achieved and material developments occur.

The Company also reports that, in accordance with the policies of the TSX Venture Exchange, Section 1.3(c) of Policy 4.2, and further to the at-the-market (‘ATM’) offering of shares made pursuant to the Prospectus Supplement dated July 17, 2024, World Copper issued 11,501,000 common shares and raised gross proceeds of $579,654 pursuant to ATM distributions during the period January 1, 2025 to March 31, 2025. Bank of Montreal (‘BMO’) received fees of $17,389 during the period. We further confirm that no new Insider or Control Person (as defined in Policy 1.1), has been or will be created in connection with the ATM offering.

ABOUT WORLD COPPER LTD.

World Copper Ltd., headquartered in Vancouver, BC, is a Canadian resource company focused on the exploration and development of its copper porphyry projects: Escalones in Chile, and Zonia in Arizona. Two of these projects have estimated resources with significant soluble copper mineralization, and each has additional copper porphyry targets with exciting potential to expand the resource base.

Detailed information is available at World Copper’s website at www.worldcopperltd.com, and for general Company updates you may follow us on our social media pages via Facebook, Twitter & LinkedIn.

On Behalf of the Board of Directors of

WORLD COPPER LTD.

‘Gordon Neal ‘

Gordon Neal

Chief Executive Officer and President

For further information, or to schedule a Zoom meeting with Management, please contact:

Gordon Neal or Michael Pound

Phone: 604-638-3287

E-mail: info@worldcopperltd.com

For all Investor Relations inquiries, please contact:

John Liviakis

Liviakis Financial Communications Inc.

Phone: 415-389-4670

For all Public Relations inquiries, please contact:

Nancy Thompson

Vorticom, Inc.

Office: 212-532-2208 | Mobile: 917-371-4053

Follow Us:

Twitter: https://twitter.com/WorldCopperLtd

Facebook: https://www.facebook.com/WorldCopperLtd

LinkedIn: https://www.linkedin.com/company/worldcopperltd

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

Cautionary Note Regarding Forward-Looking Statements

This news release contains forward-looking statements and forward-looking information (collectively, ‘forward-looking statements’) within the meaning of applicable Canadian and U.S. securities legislation, including the United States Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, included herein including, without limitation, statements with respect to the anticipated business plans and timing of future activities of the Company, are forward-looking statements. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: ‘believes’, ‘expects’, ‘anticipates’, ‘intends’, ‘estimates’, ‘plans’, ‘may’, ‘should’, ‘would’, ‘will’, ‘potential’, ‘scheduled’ or variations of such words and phrases and similar expressions, which, by their nature, refer to future events or results that may, could, would, might or will occur or be taken or achieved. In making the forward-looking statements in this news release, the Company has applied several material assumptions, including without limitation, that market fundamentals will result in sustained copper and precious metals demand and prices, the receipt of any necessary permits, licenses and regulatory approvals in connection with the future development of the Company’s projects in a timely manner, the availability of financing on suitable terms for the development, construction and continued operation of the Company’s projects and the Company’s ability to comply with environmental, health and safety laws.

Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the forward-looking information. Such risks and other factors include, among others, requirements for additional capital, actual results of exploration activities, including on the Escalones Project and the Cristal Project, the reasonability of the economic assumptions at the basis of the results of the PEA for the Zonia Project, the estimation or realization of mineral reserves and mineral resources, future prices of copper, changes in general economic conditions, changes in the financial markets and in the demand and market price for commodities, lack of investor interest in the Private Placement, accidents, labour disputes and other risks of the mining industry, delays in obtaining governmental approvals (including acceptance of the Private Placement by the TSXV), permits or financing or in the completion of development or construction activities, risks relating to epidemics or pandemics, including the impact of an epidemic or pandemic on the Company’s business, financial condition and results of operations, changes in laws, regulations and policies affecting mining operations, title disputes, the timing and possible outcome of any pending litigation, environmental issues and liabilities, as well as the risk factors described in the Company’s annual and quarterly management’s discussion and analysis and in other filings made by the Company with Canadian securities regulatory authorities under the Company’s profile at www.sedar.com.

Readers are cautioned not to place undue reliance on forward-looking statements. The Company undertakes no obligation to update any of the forward-looking statements in this news release or incorporated by reference herein, except as otherwise required by law.

Source

Click here to connect with World Copper Ltd. (TSXV: WCU, OTCQB: WCUFF, FSE:7LY0) to receive an Investor Presentation

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Crypto Market Recap: Trump Signs First Crypto Bill, NY Eyes Bitcoin Tax Payments

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

Bitcoin and Ethereum price update

At the time of this writing, Bitcoin (BTC) was priced at US$81,535.55 and up 3.5 percent in 24 hours. The day’s range has seen a low of US$78,669.30 and a high of U$82,999.65.

Bitcoin performance, April 11, 2025.

Bitcoin performance, April 11, 2025.

Chart via TradingView

Bitcoin found support following President Trump’s announcement of a 90-day pause on new tariffs, which has alleviated some investor concerns over a potential global recession.The pause has contributed to a broader market rebound, and improved investor sentiment.

Ethereum (ETH) is priced at US$1,548.41, an 4.0 percent increase over the past 24 hours. The cryptocurrency reached an intraday low of US$1,487.25 and a high of US$1,572.87.

Altcoin price update

  • Solana (SOL) is currently valued at US$117.24, up 8.6 percent over the past 24 hours. SOL experienced a low of US$108.85 and a high of US$120.47 on Friday.
  • XRP is trading at US$2.00, reflecting an 3.6 percent increase over the past 24 hours. The cryptocurrency recorded an intraday low of US$1.93 and a high of US$2.03.
  • Sui (SUI) is priced at US$2.18, showing an increaseof 6.2 percent over the past 24 hours. It achieved a daily low of US$2.06 and a high of US$2.21.
  • Cardano (ADA) is trading at US$0.6201, reflecting a 4.9 percent increase over the past 24 hours. Its lowest price on Friday was US$0.588, with a high of US$0.6353.

Crypto news to know

Crypto rebound likely as Trump tariffs may bring down inflation

Despite rattling financial markets and pushing Bitcoin nearly 20 percent lower since early February, President Donald Trump’s sweeping tariff policy may paradoxically signal bullish momentum for crypto in the weeks ahead.

The trade war, which began in earnest on Feb. 1 with tariffs on China, Canada, and Mexico, has escalated to include over 100 percent duties on a wide array of goods. While these moves initially stoked fears of stagflation, a toxic mix of low growth and high inflation, newer data suggests the market may have overreacted.

Inflation breakevens, the spread between traditional Treasury yields and TIPS (Treasury Inflation-Protected Securities), have steadily declined since February. The five-year breakeven rate dropped from over 2.6 percent to 2.32 percent, and the 10-year fell to 2.19 percent, signaling that long-term inflation expectations are cooling.

Observers argue that the price spikes from tariffs may be a one-off adjustment, and without corresponding wage increases, consumers could reduce spending — ultimately dragging prices lower.

Trump overturns IRS DeFi rule

In a move cheered by the crypto industry, President Trump has signed into law a bill nullifying an 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.

Trump’s administration has also repeatedly criticized the Biden-era IRS framework as stifling innovation and creating legal liabilities for developers.

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.

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.

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Gold Price Hits New Record, Breaking US$3,200 for First Time

The gold price reached yet another record high on Friday (April 11), breaking US$3,200 per ounce.

The precious metal has gained significant momentum since the beginning of the year. In morning trading on Friday it surged past the US$3,200 mark, climbing as high as US$3,244.33 per ounce.

The rise comes after a week of chaos caused by US President Donald Trump’s on-again, off-again global tariff scheme.

Gold chart, April 4 to April 11, 2025.

Gold chart, April 4 to April 11, 2025.

During the week, Trump reversed course on some of the tariff measures he announced on April 2.

Those measures included a 10 percent tariff on all but a handful of countries, including Canada and Mexico, with more severe reciprocal tariffs to come into effect this week. However, on Wednesday (April 9), Trump announced he would pause the additional tariffs for 90 days, saying more than 70 countries had contacted him to make deals.

Trump may have also been feeling pressure from economic advisors as a surge in treasury yields signaled a potential economic crisis brewing in the US bond market. Normally a safe haven during market volatility, the bond market saw a significant selloff this week as US tariffs and worries about the US economy’s stability spooked traders.

Although the pause gave most countries some breathing room, tariffs against China were left on the table. After much back and forth, US tariffs levied against China have now increased to 145 percent.

The net effect of Trump’s actions has been political and financial turmoil, sparking selloffs in major stock markets and pushing prices for safe-haven assets like gold to fresh records.

Additionally, China, Japan and South Korea agreed on March 30 to seek deeper free trade ties in response to the threat of tariffs from the US government. The deal marks a significant move by the three countries following decades of US diplomacy to maintain close relationships with Japan and South Korea.

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

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Pentagon fires Greenland US base commander who ‘undermined’ JD Vance after Pituffik visit

The Pentagon fired the commander at the U.S. Space Force base in Greenland after she distanced herself from Vice President J.D. Vance, who recently visited the headquarters. 

After the vice president’s visit, Col. Susannah Meyers emailed base personnel on March 31, writing, ‘I do not presume to understand current politics, but what I do know is the concerns of the U.S. administration discussed by Vice President Vance on Friday are not reflective of Pituffik Space Base.’

She added that she had ‘spent the weekend thinking about Friday’s visit – the actions taken, the words spoken, and how it must have affected each of you.’ The email was first reported by Military.com.

The Space Force said in a public statement Meyers had been relieved of command ‘due to loss of confidence in her ability to lead.’ 

‘Commanders are expected to adhere to the highest standards of conduct, especially as it relates to remaining nonpartisan in the performance of their duties,’ the statement read. 

Col. Shawn Lee has now assumed the command, Space Force said. 

‘Actions to undermine the chain of command or to subvert President Trump’s agenda will not be tolerated at the Department of Defense,’ Pentagon chief spokesperson Sean Parnell posted on X. 

Meyers became commander of the 821st Space Base Group in July, according to a Facebook post about the change-of-command ceremony. 

Republican Sens. Tommy Tuberville, Ala., Eric Schmitt, Mo., and Jim Banks, Ind., all praised the firing of the commander on X. 

‘Colonel Meyers tried to politicize the Space Force and was held accountable. Lloyd Austin isn’t SecDef anymore,’ Banks wrote. 

Vance, during his visit to the snow-covered island, criticized Denmark for treating Greenlanders as ‘second-class citizens.’ 

‘Our message to Denmark is very simple,’ Vance said. ‘You have not done a good job by the people of Greenland. You have underinvested in the people of Greenland, and you have underinvested in the security of this incredible, beautiful landmass.’

The vice president further accused Denmark of not keeping Greenland safe from China and Russia. 

Vance was the highest-ranking official to ever travel to the base in Pituffik, the White House said. 

The Trump administration has made acquiring Greenland a top goal. 

‘We need Greenland for national security and international security,’ Trump said on March 11. 

‘So, we’ll, I think, we’ll go as far as we have to go,’ the president continued, speaking from the Oval Office. ‘We need Greenland. And the world needs us to have Greenland, including Denmark. Denmark has to have us have Greenland. And, you know, we’ll see what happens. But if we don’t have Greenland, we can’t have great international security.’

‘I view it from a security standpoint, we have to be there,’ Trump added.

This post appeared first on FOX NEWS
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Trump to get annual physical, saying he ‘never felt better’

President Donald Trump is heading to get his annual physical on Friday after declaring earlier this week that he’s ‘never felt better.’ 

The 78-year-old announced the medical appointment on his Truth Social account, writing, ‘I am pleased to report that my long-scheduled Annual Physical Examination will be done at Walter Reed Army Medical Center on Friday of this week.’

‘I have never felt better, but nevertheless, these things must be done!’ Trump added.

The president left the White House midday Friday to head to Bethesda, Maryland, for his physical. It comes less than a year after Trump survived an assassination attempt in Pennsylvania while on the campaign trail.

At the time, Trump released a letter from his former physician Ronny Jackson, who wrote that ‘it is an absolute miracle he wasn’t killed.’ 

‘The bullet passed, coming less than a quarter of an inch from entering his head, and struck the top of his right ear,’ Jackson added. 

Months later, in November, Florida neurosurgeon Dr. Brett Osborn told Fox News Digital that Trump remained in good health. 

‘The fact that he attended 120 events in seven months, often multiple rallies in a single day in different states, is proof-positive that Trump has a tremendous amount of stamina, mentally and physically,’ Osborn noted. 

But Democrats have disputed Trump’s health in the past, and members of the medical community have demanded Trump release his medical records. In an open letter from Oct. 13, over 230 doctors, nurses and other healthcare professionals asked for a record release. 

The physical on Friday will be the first one of Trump’s second term in office. 

In 2020, during his first administration, Trump was treated for COVID-19 at the Walter Reed Army Medical Center. 

Fox News’ Andrea Margolis contributed to this report. 

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Bold Ventures Announces Non-Brokered Private Placement and First Tranche Closing

Bold Ventures Inc. (TSXV: BOL) (the ‘Company’ or ‘Bold’) is pleased to announce a non-brokered private placement offering of up to 6,000,000 working capital units (the ‘WC Units’) of the Company at a price of $0.05 per WC Unit for up to $300,000 and up to 10,000,000 Flow Through units (the ‘FT Units’) at a price of $0.06 per FT Unit for up to $600,000 both of which constitute the ‘Offering.’

The Offering

Each WC Unit comprises one (1) common share of the Company priced at $0.05 and one full common share purchase warrant (a ‘WC Warrant‘) entitling the holder to acquire one (1) common share at a price of $0.06 until two years (24 months) following the closing of the Offering. The proceeds from the WC Units will be used for general working capital, property maintenance, exploration and expenses of the offering.

Each FT Unit comprises one common share of the Company priced at $0.06 and one half (1/2) of a common share purchase warrant. One full common share purchase warrant (a ‘FT Warrant’) and $0.08 will acquire an additional common share until eighteen (18) months following the closing of the Offering. The proceeds from the sale of the FT Units will be used for exploration work that qualifies for Canadian Exploration Expenses (CEE).

In connection with the Offering, the Company may pay a finder’s fee to qualified finders in consideration for their assistance with the Offering. The finder’s fees may be payable in cash and/or securities of Bold at the discretion of the Company and in accordance with the rules of the TSXV.

All securities to be issued pursuant to the Offering are subject to a statutory four (4) month and one (1) day hold period and regulatory approval.

A first closing of 600,000 FT Units and 1,760,000 WC Units for gross proceeds of $124,000.00 has been effected. The securities issued are subject to a hold period expiring on August 12, 2025. In order to allow for the completion of additional subscriptions to the Offering, a further closing is expected to occur when fully subscribed or on April 28, 2025.

Ring of Fire News

In other news, Webequie and Marten Falls First Nations, leaders of the Northern Road Link project, have recently expressed support for Conservative Leader Pierre Poilievre’s stated commitment to invest $1 billion in road infrastructure to the Ring of Fire and to improve the federal permitting process. The March 19th, 2025 article by Northern Road Link may be accessed at Northern Road Link News Update.

About Bold’s Koper Lake Project in the Ring of Fire

Bold has a vested 10% carried interest (to production) in the Black Horse Chromite NI-43-101 Inferred Resource of 85.9 Mt @ 34.5% Cr2O3 at a cutoff grade of 20% Cr2O3 (KWG/CACR Website 2023). Bold has a 40% working interest in all other metals found within the claims and is the All Other Metals’ Project Operator. Bold also owns a right of first refusal on a 1% Net Smelter Royalty covering all metals produced from the property. The Koper Lake Property is located adjacent to and contiguous with Wyloo Ring of Fire’s (formerly Noront Resources Ltd.) Blackbird Chromite deposit and within 300 m of the Eagles Nest Nickel-Copper Massive Sulphide Deposit in the permit stage.

The Ring of Fire access and infrastructure development continues within the environmental permitting process. The two closest First Nations are acting as proponents for the all-weather access and supply roads. Information about Bold’s Ring of Fire projects, the Ring of Fire infrastructure development and various critical mineral articles can be accessed on the Bold Critical and Battery Minerals page.

The technical information in this news release was reviewed and approved by Coleman Robertson, B.Sc., P. Geo., V.P. Exploration of the Company and a qualified person (QP) for the purposes of NI 43-101

Bold Ventures management believes our suite of Battery, Critical and Precious Metals exploration projects are an ideal combination of exploration potential meeting future demand. Our target commodities are comprised of: Copper (Cu), Nickel (Ni), Lead (Pb), Zinc (Zn), Gold (Au), Silver (Ag), Platinum (Pt), Palladium (Pd) and Chromium (Cr). The Critical Metals list and a description of the Provincial and Federal electrification plans are posted on the Bold website here.

About Bold Ventures Inc.

The Company explores for Precious, Battery and Critical Metals in Canada. Bold is exploring properties located in active gold and battery metals camps in the Thunder Bay and Wawa regions of Ontario. Bold also holds significant assets located within and around the emerging multi-metals district dubbed the Ring of Fire region, located in the James Bay Lowlands of Northern Ontario.

For additional information about Bold Ventures and our projects please visit boldventuresinc.com or contact us at 416-864-1456 or email us at info@boldventuresinc.com.

‘Bruce A MacLachlan’ ‘David B Graham’
Bruce MacLachlan David Graham
President and COO CEO

 
Direct line: (705) 266-0847

Email: bruce@boldventuresinc.com

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

Cautionary Note Regarding Forward-Looking Statements: This Press Release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words ‘may’, ‘would’, ‘could’, ‘will’, ‘intend’, ‘plan’, ‘anticipate’, ‘believe’, ‘estimate’, ‘expect’ and similar expressions are intended to identify forward-looking statements. Such statements reflect our current views with respect to future events and are subject to such risks and uncertainties. Many factors could cause our actual results to differ materially from the statements made, including those factors discussed in filings made by us with the Canadian securities regulatory authorities. Should one or more of these risks and uncertainties, such actual results of current exploration programs, the general risks associated with the mining industry, the price of gold and other metals, currency and interest rate fluctuations, increased competition and general economic and market factors, occur or should assumptions underlying the forward looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. We do not intend and do not assume any obligation to update these forward-looking statements, except as required by law. Shareholders are cautioned not to put undue reliance on such forward-looking statements.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION
IN THE UNITED STATES

Corporate Logo

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/248148

News Provided by Newsfile via QuoteMedia

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Forte Minerals Provides Update on Planned Drill Program at Pucarini High-Sulfidation Gold Project

Forte Minerals Corp. (‘Forte’ or the ‘Company’) ( CSE: CUAU ) ( OTCQB: FOMNF ) ( Frankfurt: 2OA ) is pleased to provide an update on its planned 1,500-metre diamond drill program at its 100%-owned Pucarini Gold Project (‘Pucarini’ or the ‘Project’) located in the Southern Peru Miocene High-Sulfidation Epithermal Gold Belt. The program is set to commence towards the end of Q2 2025 with preparations currently underway.

Figure 1 – High Sulphidation Epithermal Gold Targets from Gold Geochemistry and Surface Alteration Geology.

Figure 1 – High Sulphidation Epithermal Gold Targets from Gold Geochemistry and Surface Alteration Geology.

Figure 2 – Proposed Geological Model Along Section Line A-A

Figure 2 – Proposed Geological Model Along Section Line A-A’ in Figure 1(Looking NE) with High Sulphidation Epithermal Gold and Porphyry Copper-Molybdenum Targets.

Planned Drill Program Overview

The upcoming five-hole, 1,500-metre drill program will systematically test high-priority targets identified through geological mapping, geophysical surveys, and geochemical analysis.

  • Target Type: High-Sulfidation Epithermal Gold
  • Drill Holes: 5 diamond drill holes
  • Total Metres: 1,500 m
  • Permitting Status: DIA Environmental Drilling Permit approved (September 2023)
  • Community Support: Strong relationships established with local communities, One year Community Agreement executed March 1, 2025

Figure 3 – Proposed Drill Program – Gold Geochemistry Imposed on the 3D Inversions of IP Chargeability-Resistivity and Magnetic Susceptibility Geophys

Figure 3 – Proposed Drill Program – Gold Geochemistry Imposed on the 3D Inversions of IP Chargeability-Resistivity and Magnetic Susceptibility Geophysical Data.

The 1,000-hectare Pucarini claim hosts multiple gold-bearing advanced argillic alteration zones within a 3.6 x 1.8 km alteration footprint. Surface geochemistry has returned anomalous gold values coinciding with resistivity, chargeability, and magnetic anomalies, highlighting multiple untested targets for drilling. The main target indicated by the soil and rock gold anomaly spans 1.2 km x 700 m within this advanced argillic alteration zone. The coincidence of gold, molybdenum, and copper surface anomalies is supported by a coherent high chargeability anomaly (> 18 mV/V) from the 3D inversion of the IP geophysical survey data with dimensions of 1.5 km along strike x 600 m wide x 400 m deep; to detection limit depth of the IP geophysical survey, which remains open at depth.

The main target also coincides with a high magnetic susceptibility anomaly in the system’s center from the 3D inversion of the surface total magnetic intensity geophysical data, suggesting the roots of a deeper porphyry system. This program will mark the first-ever drill program on the property, unlocking its untapped potential.

Figure 4 - Proposed Drill Program – Molybdenum Geochemistry Imposed on the 3D Inversions of IP Chargeability-Resistivity and Magnetic Susceptibility G

Figure 4 –   Proposed Drill Program – Molybdenum Geochemistry Imposed on the 3D Inversions of IP Chargeability-Resistivity and Magnetic Susceptibility Geophysical Data.

Surface rock fragments were analysed using the ASD TerraSpec® mineral spectrometer (‘ TerraSpec ‘) which is optimally designed to identify important hydrothermal alteration minerals commonly associated with high sulphidation epithermal gold and porphyry copper systems. Figure 5 provides a compilation of the TerraSpec data where higher-temperature hydrothermal alteration minerals (diaspore, illite, paragonitic illite, muscovitic illite, paragonite, muscovite, sericite, and alunite-Na) and lower-temperature alteration minerals (alunite, alunite-K, alunite-KNa, halloysite, kaolinite, smectite, montmorillonite, and dickite) correlate with high sulphidation advanced argillic alteration and anomalous gold in rock and soil geochemistry. The higher temperature hydrothermal alteration minerals also correlate with anomalous molybdenum in rock and soil geochemistry suggesting a phyllic alteration zone associated with a telescoped porphyry system.

Figure 5 – Gold and Molybdenum Rock and Soil Geochemistry Correlated with Gridded Low and High Temperature TerraSpec Data

Figure 5 – Gold and Molybdenum Rock and Soil Geochemistry Correlated with Gridded Low and High Temperature TerraSpec Data

CEO Patrick Elliott commented: ‘We are excited about the potential at Pucarini and are finalizing preparations for our inaugural drill program. Given the strong surface geochemistry, extensive alteration, and compelling geophysical signatures, we believe this project presents a promising opportunity for discovery. While waiting for the rainy season to conclude before mobilizing, our team is actively engaged in planning and ensuring all logistics are in place for a successful program.’

Figure 6 – Gold Rock Geochemistry, Vuggy Silica, Iron Oxides and Hydrothermal Alteration.

Figure 6 – Gold Rock Geochemistry, Vuggy Silica, Iron Oxides and Hydrothermal Alteration.

Furthermore, the Company has terminated the option agreement with Alta Copper Corp. originally entered into on June 26, 2017. Pursuant to the option agreement, Forte had an option to acquire a 60% interest in the Don Gregorio Cu-Au Porphyry Project located in the Department of Cajamarca, Northern Peru by making cash payments totaling $500,000 USD ($100,000 was paid by Forte) and performing 10,000 m of drilling within 3 years of acquiring drill permits. Due to insurmountable community issues, access to the property was never granted, and the Company was not able to perform the environmental studies needed to acquire the DIA drilling permits, including community approvals for the DIA drill permits. The project was returned in good standing to Alta Copper Corp’s Peruvian subsidiary Cobriza Metals. A termination agreement was executed April 8 th , 2025.

QUALIFIED PERSON AND NI 43-101 DISCLOSURE

Richard Osmond, P.Geo., is the Company’s Qualified Person (‘ Qualified Person ‘) as defined by National Instrument 43-101 and has reviewed and approved the technical information contained in this news release.

ABOUT Forte Minerals CORP

Forte Minerals Corp. is an exploration company with a strong portfolio of high-quality copper (‘ Cu ‘) and gold (‘ Au ‘) assets in Perú. Our strategic partnership with GlobeTrotters Resources Perú S.A.C. (‘ GTR ‘) grants us access to a comprehensive project pipeline, enabling us to target the most promising opportunities. This collaboration focuses on historically discovered, drill-ready targets, driving significant value in Cu and Au resource development.

On behalf of Forte Minerals CORP.
(signed) ‘Patrick Elliott’
Chief Executive Officer

For further information, please contact:
Forte Minerals Corp.
office: 604-983-8847
info@forteminerals.com
www.forteminerals.com

Certain statements included in this press release constitute forward-looking information or statements (collectively, ‘forward-looking statements’), including those identified by the expressions ‘anticipate’, ‘believe’, ‘plan’, ‘estimate’, ‘expect’, ‘intend’, ‘may’, ‘should’ and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts but reflect current expectations regarding future results or events. This press release contains forward looking statements. These forward-looking statements are based on current expectations and various estimates, factors and assumptions and involve known and unknown risks, uncertainties and other factors.

Forward-looking statements are not a guarantee of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Factors that could cause the actual results to differ materially from those in forward-looking statements include the continued availability of capital and financing, and general economic, market or business conditions, including the effects of COVID-19. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Although such statements are based on management’s reasonable assumptions, there can be no assurance that the statements will prove to be accurate or that management’s expectations or estimates of future developments, circumstances or results will materialize. The Company assumes no responsibility to update or revise forward-looking information to reflect new events or circumstances unless required by law. Readers should not place undue reliance on the Company’s forward-looking statements.

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Brazil’s Jair Bolsonaro hospitalized with abdominal pain

Brazil’s former President Jair Bolsonaro has been hospitalized after experiencing “severe abdominal pain,” his son Carlos said on X on Friday.

Carlos Bolsonaro said his father was assessed for adhesions in the area of his abdomen where he was stabbed in 2018 and was sedated for tests at a hospital in Santa Cruz.

He is now “awake and lucid,” Carlos said, and being flown by helicopter to a hospital with more resources in Natal, the capital of Brazil’s northeastern state of Rio Grande do Norte.

“Once again, I ask everyone to pray and hope that everything goes well. Soon, doctors will provide more details about what is happening,” Carlos said.

This is a developing story and will be updated.

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Dissent against war grows in Israel’s military as reservists from elite unit join protest movement

A small group of reservists from Israel’s elite military intelligence unit joined a call for an immediate return of the hostages in Gaza even if it requires an immediate end to the war, in a sign of a growing protest movement after more than 18 months of war.

The public letter, with more than 250 signatories, says the war “is currently mainly serving political and personal interests and not security interests.”

“The continuation of the war doesn’t contribute to any of the declared objectives, and will lead to the death of hostages, (Israel Defense Forces) soldiers, and of innocents,” the authors wrote.

The letter was written by reservists and retirees from Israel’s elite Unit 8200, the biggest military intelligence unit. It also criticizes Prime Minister Benjamin Netanyahu’s stated plans to defeat Hamas and return the remaining 59 hostages held in Gaza.

To continue governing, the prime minister requires the support of coalition partners from far-right parties who have threatened to quit the government should the war end.

“The government didn’t take responsibility for the catastrophe, and doesn’t admit that it has no plan or solution for the crisis,” the authors wrote. “We join the call of the air crews to all Israeli citizens to take action and demand, everywhere and in any way, the return of the hostages now and the cessation of the fighting.”

The new public protest comes a day after hundreds of air force retirees and reservists published a similar letter in major newspapers in Israel, saying “the war mainly serves political and personal interests and not security interests.”

Israel has a relatively small standing military, but a much larger reserve corps upon which it relies during an extended conflict. A growing protest movement within the reserves could potentially affect the Israeli military’s ability to conduct an extended campaign in Gaza.

While the two letters criticized the continuation of the war, the signatories have not refused to serve.

Within hours of the first letter’s release on Thursday, the Israeli military announced that it had fired the air force reservists who had signed the letter and was analyzing the signatures to see how many more were still in the military. An IDF official said most of the signatories are not active reservists.

The commander of the Israel Air Force, Maj. Gen. Tomer Bar, criticized the letter in his own missive published Friday.

“The messages which appear in the proclamation express a lack of trust and damage the cohesion within the force,” Bar wrote. “Such publication has no place during wartime as IDF soldiers and commanders are risking their lives.”

‘Funded by foreign money’

Netanyahu slammed the new protest letter and attempted to cast the authors as a tiny minority.

“They were written by a small group of bad apples, operated by organizations funded by foreign money, which have one goal – topping the right-wing government,” Netanyahu said in a statement, without providing any evidence of his claims of foreign influence.

But Netanyahu’s statement acknowledged that the protest letters were coming from multiple parts of the military, and mentioned a potential similar letter from the navy. “Once again those same letters: one time on behalf of pilots, another time on behalf of navy graduates, and other times under different names,” he said.

The prime minister tried to downplay the significance of the letters despite recent polls showing that nearly 70% of the Israeli public supports an end to the war in order to free the remaining hostages.

“This isn’t a trend. This isn’t an influx. This is a small group of retired personnel, who are loud, anarchist and disconnected,” he said.

The move to clamp down on the public protest appeared aimed at stemming increasingly vocal discontent among reservists and preventing a repeat of 2023, when waves of reservists said they would refuse to serve in protest of Netanyahu’s judicial overhaul efforts.

Nearly all of those reservists ultimately answered call-ups they received after Israel was attacked on October 7, but that wartime unity has begun to falter as the war has dragged on.

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South Korea’s ousted Yoon moves back to apartment with 11 pets and security personnel

Former South Korean President Yoon Suk Yeol moved back on Friday with his wife and their 11 dogs and cats to their apartment in an upscale district of Seoul, close to the prosecutors’ office where the impeached leader worked before entering politics.

Yoon and his wife Kim Keon Hee, known for their love of pets, are beginning a new life after he was impeached for a failed attempt to impose martial law and removed from office.

Under Yoon, South Korea passed a bill to ban the eating and selling of dog meat in the country. The number of pets they own grew from four dogs and three cats at the start of his presidency, and now include a retriever that is a retired service dog adopted by Yoon in 2022.

The couple’s 164 sq meter apartment is located in a complex in the glitzy “Gangnam” area south of the Han river, and some neighbors have raised concerns about the return of a man who so polarized the nation during his stint in office.

As many as 50 presidential security service personnel will be deployed to guard the couple, who are entitled to protection for at least five years, according to South Korean media reports.

The three 37-story towers that make up the Acrovista complex are home to more than 750 households. Previously, South Korean presidents have moved into detached houses after leaving office, which have afforded much greater privacy.

The security arrangement in the crowded residential property where they will now live is believed to have been one of the reasons that delayed their move back to the private home by a week after he was stripped of the presidency.

Some neighbors have also fretted about their complex becoming a magnet for crowds of supporters and critics the couple might attract, local media reported, though others posted a welcome banner at the building entrance.

Yoon said he had to declare martial law to raise the alarm about his opponents’ unrelenting obstruction of political process that paralyzed government.

The Acrovista complex is built on the site of the country’s worst human-caused disaster – the collapse of a major department store in 1995 that killed 502 people and injured nearly 1,000 others.

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