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FAA investigates airlines for potential flight cut compliance violations during government shutdown

The Federal Aviation Administration this week told airlines it will investigate whether they complied with orders from the Trump administration during the record-long government shutdown to cut flights.

The orders came in November after the shutdown had been going for a month and airports were facing shortages of air traffic control workers.

The emergency order affected 40 major airports in the U.S. and fluctuated between cuts of 3% to 6% for each airline before the shutdown ended on Nov. 12.

In a letter sent Monday to U.S. airlines, the FAA warned that they could face $75,000 fines for each flight over the allotted limit during the shutdown.

Airlines have 30 days to prove they complied with the required cuts.

Air traffic controllers, like most other government workers, weren’t paid during the 43-day shutdown, and many missed work, sparking safety concerns.

The FAA lifted the restrictions Nov. 16, four days after the shutdown ended.

Despite the shutdown still being in effect Nov. 14 — when 6% flight cuts were required — only 2% of flights were actually cut, according to Cirium, a flight analytics firm.

The cuts also had a major financial impact on airlines, with Delta reporting that it lost $200 million between Nov. 7 and Nov. 16 when the order was in effect.

More than 10,000 flights were canceled in the U.S. during the nine-day period.

The Associated Press contributed to this report. 

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Trump signs off on nationwide vaccine schedule review as CDC withdraws infant hep B guidance: ‘Fast track’

President Donald Trump ordered a sweeping federal review of every childhood vaccine recommendation in the United States Friday, just hours after a CDC advisory committee voted to end its long-standing guidance for infants to receive the hepatitis B vaccine at birth, calling the rule unnecessary for healthy newborns.

‘Today, the CDC Vaccine Committee made a very good decision to END their Hepatitis B Vaccine Recommendation for babies, the vast majority of whom are at NO RISK of Hepatitis B, a disease that is mostly transmitted sexually, or through dirty needles,’ Trump wrote.

The president also critiqued what he sees as a vaccine schedule that requires ‘far more than is necessary.’

‘The American Childhood Vaccine Schedule long required 72 ‘jabs,’ for perfectly healthy babies, far more than any other Country in the World, and far more than is necessary,’ the president added. ‘In fact, it is ridiculous! Many parents and scientists have been questioning the efficacy of this ‘schedule,’ as have I!’

Trump announced he signed a memo directing HHS to ‘fast track’ the current American vaccine schedule.

‘I have just signed a Presidential Memorandum directing the Department of Health and Human Services to ‘FAST TRACK’ a comprehensive evaluation of Vaccine Schedules from other Countries around the World, and better align the U.S. Vaccine Schedule, so it is finally rooted in the Gold Standard of Science and COMMON SENSE!’ Trump wrote.

Trump closed his message by reiterating his support for his HHS Secretary, Robert F. Kennedy Jr., writing, ‘I am fully confident Secretary Robert F. Kennedy, Jr., and the CDC, will get this done, quickly and correctly, for our Nation’s Children.’

The White House did not immediately respond to Fox News Digital’s request for comment.

This is a developing story, check back later for updates.
 

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Copper Quest Closes $1,927,000 Private Placement

// Not for distribution to the United States newswire services or for dissemination in the United States //

Copper Quest Exploration Inc. (CSE: CQX,OTC:IMIMF; FRA: 3MX) (‘ Copper Quest ‘ or the ‘ Company ‘) is pleased to announce that, further to its news release dated December 1, 2025, it has issued an aggregate of 10,142,104 flow-through shares of the Company (the ‘ FT Shares ‘, and each, a ‘ FT Share ‘) at a price of $0.19 per FT Share for aggregate gross proceeds of $1,927,000 in connection with its previously announced fully subscribed non-brokered private placement (the ‘ Private Placement ‘).

Each FT Share constitutes a ‘flow-through share’ within the meaning of the Income Tax Act (Canada) (the ‘ Tax Act ‘) and the gross proceeds of the Private Placement will be used by the Company for exploration and related programs, which qualify as ‘Canadian exploration expenses’ and ‘flow-through critical mineral mining expenditures’, as such terms are defined in the Tax Act, in connection with Copper Quest’s projects in British Columbia.

Brian Thurston, President & CEO of Copper Quest, commented: ‘ The team has spent the last 12 months building Copper Quest to be a standout junior explorer holding seven quality projects including the recent acquisitions of Stars, Stellar, Nekash, and pending Kitimat and Alpine. It is now time for the Company to grow shareholder value through advancing these properties through work on the ground and drilling. These funds will allow us advance multiple properties in 2026 while we continue vetting quality partners to help advance the rest. ‘

In connection with the Private Placement, the Company paid cash finder’s fees totaling $130,199.98 and issued 685,261 finder’s warrants (the ‘ Finder’s Warrants ‘) entitling the holder thereof to acquire one non-flow-through common share at an exercise price of C$0.19. The Finder’s Warrants will expire on December 5, 2027.

All securities issued pursuant to the Private Placement are subject to a statutory four month hold period expiring April 6, 2026.

To accommodate increased interest in the Private Placement, the Company also announces that it may further issue up to 255,264 FT Shares under the same terms as above stated, no later than December 15, 2025. All securities to be issued thereunder will be subject to a statutory hold period under applicable Canadian securities laws of four months and one day from the date of issuance.

Related Party Participation in the Private Placement

Jason Nickel, Director of the Company, participated in Private Placement by purchasing 50,000 FT Shares for $9,500. The participation by Mr. Nickel, as an insider of the Company, constitutes a ‘related party transaction’ as defined under Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (‘MI 61-101’). The Company is relying on the exemptions from the valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101, as neither the fair market value of the FT Shares purchased by Mr. Nickel, nor the consideration for the FT Shares paid by Mr. Nickel, exceeded 25% of the Company’s market capitalization. The Company did not file a material change report in respect of the related party transaction at least 21 days before the closing of the Private Placement, which the Company deems reasonable in the circumstances as the details of insider participation in the Private Placement were not settled until shortly prior to closing the Private Placement and the Company wished to complete the Private Placement in an expeditious manner.

The securities described herein have not been registered under the United States Securities Act of 1933, as amended (the ‘ U.S. Securities Act ‘), or any state securities laws, and may not be offered or sold absent registration or compliance with an applicable exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful.

About Copper

Copper is an essential industrial metal at the heart of the global energy transition and modern infrastructure. It plays a critical role in electrification, renewable energy systems, electric vehicles, data centers, and smart technologies. With global demand rising and new supply challenged by declining grades, complex permitting, and underinvestment, the copper market faces persistent deficits and growing geopolitical scrutiny. Recent U.S. policy announcements, including import tariffs and initiatives to secure domestic and allied supply chains, underscore copper’s strategic importance and the need for resilient, localized resource exploration, development, production and processing capacity.

ABOUT Copper Quest Exploration Inc.

Copper Quest (CSE: CQX,OTC:IMIMF; OTCQB: IMIMF; FRA: 3MX) is focused on building shareholder value through project acquisition, and exploration and development of its North American Critical Mineral portfolio of assets. The Company’s land package currently comprises five projects that span over 40,000+ hectares in great mining jurisdictions as well as the Kitimat Cu-Au Project and the past-producing Alpine Gold Mine that are both pending acquisition following due diligence.

Copper Quest has a 100% interest in the Stars Property, a porphyry copper-molybdenum discovery, covering 9,693 hectares in central British Columbia’s Bulkley Porphyry Belt. Contiguous to the Stars Property, Copper Quest has a 100% interest in the 5,389 hectare Stellar Property. CQX also has an earn-in option up to 80% and joint-venture agreement on the 4,700 hectare porphyry copper-molybdenum Rip Project, also in the Bulkley Porphyry Belt.

Copper Quest has a 100% interest in the Nekash Copper-Gold Project, a porphyry exploration opportunity located in Lemhi County, Idaho, along the prolific Idaho-Montana porphyry copper belt that hosts world-class systems such as Butte and CUMO. The project is fully road-accessible via maintained U.S. highways and forest service roads and currently consists of 70 unpatented federal lode claims covering 585 hectares.

Copper Quest has a 100% interest in the Thane Project located in the Quesnel Terrane of Northern BC which spans over 20,658 ha with 10 high-priority targets identified demonstrating significant copper and precious metal mineralization potential.

Copper Quest’s leadership and advisory teams are senior mining industry executives who have a wealth of technical and capital markets experience and a strong track record of discovering, financing, developing, and operating mining projects on a global scale. Copper Quest is committed to sustainable and responsible business activities in line with industry best practices, supportive of all stakeholders, including the local communities in which it operates. The Company’s common shares are principally listed on the Canadian Stock Exchange under the symbol ‘CQX’. For more information on Copper Quest, please visit the Company’s website at www.copper.quest.

On behalf of the Board of Copper Quest Exploration Inc.

Brian Thurston, P.Geo.
Chief Executive Officer and Director
Tel: 778-949-1829
For further information contact:

Investor Relations
info@copper.quest

Forward Looking Information

This news release contains certain ‘forward-looking information’ and ‘forward-looking statements’ (collectively, ‘ forward-looking statements ‘) within the meaning of applicable securities legislation. All statements, other than statements of historical fact included herein, including without limitation, statements regarding the terms and completion of the Flow-Through Offering, the payment of finder’s fees and issuance of Finder’s Warrants, the anticipated closing date and the planned use of proceeds of the Flow-Through Offering, and future operations and activities of Copper Quest, are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as ‘expects’, ‘anticipates’, ‘believes’, ‘intends’, ‘estimates’, ‘potential’, ‘possible’, and similar expressions, or statements that events, conditions, or results ‘will’, ‘may’, ‘could’, or ‘should’ occur or be achieved. Forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates based on or related to many of these factors. Such factors include, without limitation, the ability to obtain regulatory approval of the Flow-Through Offering, risks associated with possible accidents and other risks associated with mineral exploration operations, the risk that the Company will encounter unanticipated geological factors, risks associated with the interpretation of exploration results, the possibility that the Company may not be able to secure permitting and other governmental clearances necessary to carry out the Company’s exploration plans, the risk that the Company will not be able to raise sufficient funds to carry out its business plans, and the risk of political uncertainties and regulatory or legal changes that might interfere with the Company’s business and prospects. Readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these items. The Company does not assume any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by applicable securities laws.

The Canadian Securities Exchange has not reviewed, approved or disapproved the contents of this press release, and does not accept responsibility for the adequacy or accuracy of this release.

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NioCorp Acquires FEA Materials to Build US Scandium Supply Chain

NioCorp Developments (NASDAQ:NB) has completed the US$8.4 million acquisition of the manufacturing assets and intellectual property of Massachusetts-based FEA Materials.

NioCorp expects the move to position it as a domestic producer of aluminum-scandium (Al-Sc) master alloy amid growing demand for the material in defense and commercial markets.

The all-cash purchase complements NioCorp’s Elk Creek critical minerals project in Nebraska, where it aims to produce scandium oxide alongside niobium, titanium and potentially rare earths once fully financed and operational.

FEA’s proprietary process converts scandium oxide directly into Al-Sc master alloy, bypassing intermediate metal production. NioCorp is also assessing the feasibility of producing finished Al-Sc alloy parts via casting, forging and machining for original equipment manufacturers in the US.

“This strategic acquisition positions NioCorp to potentially build America’s first vertically integrated scandium supply chain from mine to finished alloy parts,” NioCorp CEO Mark A. Smith said in a press release.

Eugene Prahin, CEO of FEA, praised NioCorp’s vertically integrated approach, adding that the company’s alloying technology “will be key to growing scandium-based structural alloys in the years to come.”

The FEA acquisition follows a US$10 million Pentagon Title III award to NioCorp’s subsidiary Elk Creek Resources. Announced in August, it is geared at supporting scandium oxide production.

NioCorp is also collaborating with Lockheed Martin (NYSE:LMT) on aerospace-grade Al-Sc components.

“Working jointly with the Pentagon, NioCorp is committed to insulating the US from market manipulation by China, which has historically constrained scandium-based technologies,’ said Smith.

With the latest acquisition and the government funding, NioCorp envision building a complete US mine-to-market supply chain for scandium, spanning extraction, alloy production and finished parts manufacturing.

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

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Trump signs off on nationwide vaccine schedule review as CDC withdraws infant Hep B guidance: ‘Fast track’

President Donald Trump ordered a sweeping federal review of every childhood vaccine recommendation in the United States on Friday just hours after a CDC advisory committee voted to end its long-standing guidance for infants to receive the Hepatitis B vaccine at birth, calling the rule unnecessary for healthy newborns.

‘Today, the CDC Vaccine Committee made a very good decision to END their Hepatitis B Vaccine Recommendation for babies, the vast majority of whom are at NO RISK of Hepatitis B, a disease that is mostly transmitted sexually, or through dirty needles,’ wrote Trump.

The president also critiqued what he sees as a vaccine schedule which requires ‘far more than is necessary.’

‘The American Childhood Vaccine Schedule long required 72 ‘jabs,’ for perfectly healthy babies, far more than any other Country in the World, and far more than is necessary,’ the president added. ‘In fact, it is ridiculous! Many parents and scientists have been questioning the efficacy of this ‘schedule,’ as have I!’

Trump announced he signed a memo directing HHS to ‘fast track’ the current American vaccine schedule.

‘I have just signed a Presidential Memorandum directing the Department of Health and Human Services to ‘FAST TRACK’ a comprehensive evaluation of Vaccine Schedules from other Countries around the World, and better align the U.S. Vaccine Schedule, so it is finally rooted in the Gold Standard of Science and COMMON SENSE!’ Trump wrote.

President Trump closed his message by reiterating his support for his HHS Secretary, Robert F Kennedy Jr., writing ‘I am fully confident Secretary Robert F. Kennedy, Jr., and the CDC, will get this done, quickly and correctly, for our Nation’s Children.’

The White House did not immediately respond to Fox News Digital’s request for comment.

This is a developing story, check back later for updates.
 

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Skyharbour Closes $2.1 Million Private Placement of Flow-Through Shares

Skyharbour Resources Ltd . (TSX-V: SYH ) (OTCQX: SYHBF ) (Frankfurt: SC1P ) (the ‘ Company ‘) is pleased to announce that it has closed a non-brokered private placement (the ‘Private Placement’) financing for total gross proceeds of CAD $2,103,898.94. The Private Placement was mostly subscribed for by several strategic institutional investors. The funds will be applied towards the Company’s upcoming 2026 exploration campaign including exploration and drilling at its co-flagship Russell (‘RL’) and Moore Lake Uranium Projects.

The Company has allotted and issued 5,069,636 flow-through shares (the ‘FT Shares’) at a price of CAD $0.415 per FT Share. The FT Shares as defined in subsection 66(15) of the Income Tax Act ( Canada ) (‘ITA’) as presently constituted, shall qualify for the federal 30% Critical Mineral Exploration Tax Credit, as defined in subsection 127(9) of the Income Tax Act (Canada).

Pursuant to the Private Placement, the Company has paid cash finder’s fees of CAD $120,008.94 to an arm’s-length party. The Private Placement is subject to final TSX Venture Exchange approval and all securities issued are subject to a four-month-and-one-day hold period.

One director, as an insider of Skyharbour, has subscribed for an aggregate 250,000 Shares for gross proceeds of $103,750. The issuance of the Shares to the insider is considered a related party transaction subject to Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (‘MI 61-101’). The Company intends to rely on exemptions from the formal valuation and minority shareholder approval requirements provided under sections 5.5(a) and 5.7(a) of MI 61-101 on the basis that the participation by the insider will not exceed 25% of the fair market value of the Company’s market capitalization.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the ‘U.S. Securities Act’) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

About Skyharbour Resources Ltd.:

Skyharbour holds an extensive portfolio of uranium exploration projects in Canada’s Athabasca Basin and is well positioned to benefit from improving uranium market fundamentals with interest in thirty-seven projects covering over 616,000 hectares (over 1.5 million acres) of land. Skyharbour has acquired from Denison Mines, a large strategic shareholder of the Company, a 100% interest in the Moore Uranium Project, which is located 15 kilometres east of Denison’s Wheeler River project and 39 kilometres south of Cameco’s McArthur River uranium mine. Moore is an advanced-stage uranium exploration property with high-grade uranium mineralization in several zones at the Maverick Corridor. Adjacent to the Moore Project is the Russell Lake Uranium Project, which hosts widespread uranium mineralization in drill intercepts over a large property area with exploration upside potential. The Company is actively advancing these projects through exploration and drilling programs.

Skyharbour also has joint ventures with industry leaders Denison Mines, Orano Canada Inc., Azincourt Energy, and Thunderbird Resources at the Russell, Preston, East Preston, and Hook Lake Projects, respectively. The Company also has several active earn-in option partners, including CSE-listed Basin Uranium Corp. at the Mann Lake Uranium Project; TSX-V listed North Shore Uranium at the Falcon Project; UraEx Resources at the South Dufferin and Bolt Projects; Hatchet Uranium at the Highway Project; CSE-listed Mustang Energy at the 914W Project; and TSX-V listed Terra Clean Energy at the South Falcon East Project.

In aggregate, Skyharbour has now signed earn-in option agreements with partners that total to potentially over $76 million in partner-funded exploration expenditures and over $42 million in cash and share payments coming into Skyharbour, assuming that these partner companies complete their entire earn-ins at the respective projects.

Skyharbour’s goal is to maximize shareholder value through new mineral discoveries, committed long-term partnerships, and the advancement of exploration projects in geopolitically favourable jurisdictions.

Skyharbour’s Uranium Project Map in the Athabasca Basin:
http://www.skyharbourltd.com/_resources/images/SKY-SaskProject-Locator-2025-11-14-Updated.jpg

To find out more about Skyharbour Resources Ltd. (TSX-V: SYH) visit the Company’s website at www.skyharbourltd.com .

Skyharbour Resources Ltd.

‘Jordan Trimble’

Jordan Trimble
President and CEO

For further information contact myself or:
Nicholas Coltura
Corporate Communications Manager
Skyharbour Resources Ltd.
Telephone: 604-558-5847
Toll Free: 800-567-8181
Facsimile: 604-687-3119
Email: info@skyharbourltd.com

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.

This release includes certain statements that may be deemed to be ‘forward-looking statements’. All statements in this release, other than statements of historical facts, that address events or developments that management of the Company expects, are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. The Company undertakes no obligation to update these forward-looking statements if management’s beliefs, estimates or opinions, or other factors, should change. Factors that could cause actual results to differ materially from those in forward-looking statements, exploration and development successes, regulatory approvals including TSXV approval, and general economic, market or business conditions. Please see the public filings of the Company at www.sedarplus.ca for further information.

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FORTUNE BAY GRANTS ANNUAL EQUITY INCENTIVE AWARDS AND SHARE-BASED COMPENSATION

Fortune Bay Corp. (TSXV: FOR,OTC:FTBYF) (FWB: 5QN) (OTCQB: FTBYF) (‘Fortune Bay’ or the ‘Company’) is pleased to announce the board of directors of the Company has approved the granting of 1,490,000 incentive stock options (the ‘Options’) and 150,000 deferred share units (the ‘DSUs’) pursuant to the Company’s Stock Option Plan and DSU Plan to its directors, officers, contractors and employees. Directors and officers were awarded 1,210,000 of the Options which are exercisable at a price of $1.00 per share, expire on December 4, 2030 and vest over a three-year period. 150,000 DSUs were granted to an officer of the Company’s and will vest over a three-year period in accordance with the Company’s DSU plan.

Fortune Bay Corp. Logo (CNW Group/Fortune Bay Corp.)

About Fortune Bay

Fortune Bay Corp. (TSXV:FOR,OTC:FTBYF; FWB:5QN; OTCQB:FTBYF) is a gold exploration and development company advancing high-potential assets in Canada and Mexico. With a strategy focused on discovery, resource growth and early-stage development, the Company targets value creation at the steepest part of the Value Creation Curve. Its portfolio includes the development-ready Goldfields Project in Saskatchewan, the resource-expansion Poma Rosa Project in Mexico, and an optioned uranium portfolio in the Athabasca Basin providing non-dilutive capital and upside exposure. Backed by a technically proven team and tight capital structure, Fortune Bay is positioned for multiple near-term catalysts. For more information, visit www.fortunebaycorp.com or contact info@fortunebaycorp.com.

On behalf of Fortune Bay Corp.

‘Dale Verran’
Chief Executive Officer
902-334-1919

Cautionary Statement Regarding Forward-Looking Information
Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management’s current estimates, beliefs, intentions, and expectations. They are not guarantees of future performance. Words such as ‘expects’, ‘aims’, ‘anticipates’, ‘targets’, ‘goals’, ‘projects’, ‘intends’, ‘plans’, ‘believes’, ‘seeks’, ‘estimates’, ‘continues’, ‘may’, variations of such words, and similar expressions and references to future periods, are intended to identify such forward-looking statements.

Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet management’s expectations. Risks, uncertainties and other factors involved with forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking information in this news release includes, but is not limited to, the Company’s objectives, goals, intentions or future plans, statements, exploration results, potential mineralization, timing of the commencement of operations and estimates of market conditions. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to failure to identify targets or mineralization, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, political risks, inability to fulfill the duty to accommodate First Nations and other indigenous peoples, inability to reach access agreements with other Project communities, amendments to applicable mining laws, uncertainties relating to the availability and costs of financing or partnerships needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects, capital and operating costs varying significantly from estimates and the other risks involved in the mineral exploration and development industry, and those risks set out in the Company’s public documents filed on SEDAR+. 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. For more information on Fortune Bay, readers should refer to Fortune Bay’s website at www.fortunebaycorp.com.

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

SOURCE Fortune Bay Corp.

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55 North Mining Inc. Announces Completion of Third and Final Tranche of Private Placement for a Total of $4,202,000

TORONTO, ON / ACCESS Newswire / December 5, 2025 / 55 North Mining Inc. (CSE:FFF,OTC:FFFNF)(FSE:6YF) (‘55 North‘ or the ‘Company‘) is pleased to announce that it has closed the final tranche of its previously announced non-brokered private placement financing (the ‘Offering’) for gross proceeds of $200,000.

The third tranche comprises the issuance of 400,000 common shares at a price of $0.50 per share. No finder’s shares or finder’s warrants were issued in connection with this tranche. All Common Shares issued in connection with the Offering will be subject to a statutory hold period of four months plus a day from the date of issuance.

With the completion of this third tranche, 55 North has now raised a total of $4,202,000 under the Offering. Proceeds will continue to be used to fund property payments, advance drilling at the Last Hope Gold Project, and support general working capital and corporate overhead.

Following the closing of this third tranche, the Company will have approximately 33.25 million common shares issued and outstanding.

‘With gold prices remaining strong, we are seeing continued interest from both new and existing shareholders,’ said Bruce Reid, CEO of 55 North Mining. ‘The support we’ve received across all tranches reflects growing recognition of the potential scale and grade of the Last Hope system. This additional capital further positions us to advance drilling and deliver meaningful progress going into 2026.’

About 55 North Mining Inc.

55 North Mining Inc. is a Canadian exploration and development company advancing its high-grade Last Hope Gold Project located in Manitoba, Canada.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Mr. Bruce Reid

Chief Executive Officer

55 North Mining Inc.

Phone: 647-500-4495

bruce@mine2capital.ca

Mr. Vance Loeber

Corporate Development

Phone: 778-999-3530

cvl@tydewell.com

CAUTION REGARDING FORWARD-LOOKING INFORMATION

This news release of 55 North contains statements that constitute ‘forward-looking statements.’ Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements.

SOURCE: 55 North Mining Inc

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Nevada Sunrise Clarifies Investor Relations Agreement

Nevada Sunrise Metals Corporation (TSXV: NEV,OTC:NVSGF) (OTC Pink: NVSGF) (‘Nevada Sunrise’ or the ‘Company’) announced today that at the request of the TSX Venture Exchange (the ‘TSXV’) the Company hereby provides additional information regarding the investor relations agreement with Nicholas Winton of Toronto, Ontario (the ‘Agreement’), announced on November 27, 2025. Mr. Winton is an individual at arms-length to Nevada Sunrise and has been a newsletter writer since 2006 when he began the website, Hedgehog Trader GOHHT.com. He has been creating and posting financial market commentary on XTwitter since 2009, and has assisted public companies with social media marketing since 2018.

Following acceptance of the Agreement by the TSXV, Mr. Winton will provide advertising services to increase investor awareness of the Company’s business activities for a 12-month period at a cost of CAD$2,400 per month. Currently, Mr. Winton owns 80,000 shares of Nevada Sunrise.

About Nevada Sunrise

Nevada Sunrise is a junior mineral exploration company with a strong technical team based in Vancouver, BC, Canada, that holds interests in gold, copper and lithium exploration projects located in the State of Nevada, USA.

Nevada Sunrise holds the right to purchase a 100% interest in the Griffon Gold Mine Project, located approximately 50 kilometers (33 miles) southwest of Ely, NV.

Nevada Sunrise holds the right to earn a 100% interest in the Coronado Copper Project, located approximately 48 kilometers (30 miles) southeast of Winnemucca, NV.

Nevada Sunrise owns 100% interests in the Gemini West, Jackson Wash and Badlands lithium projects, all of which are located in the Lida Valley in Esmeralda County, NV.

As a complement to its exploration projects in Esmeralda County, the Company owns Nevada Water Right Permit 86863, also located in the Lida Valley basin, near Lida, NV.

For Further Information Contact:

Warren Stanyer, President and Chief Executive Officer
email: warrenstanyer@nevadasunrise.ca
Telephone: (604) 428-8028
Website: www.nevadasunrise.ca

FORWARD LOOKING STATEMENTS

This release may contain forward‐looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words ‘expects’, ‘plans’, ‘anticipates’, ‘believes’, ‘intends’, ‘estimates’, ‘projects’, ‘potential’ and similar expressions, or that events or conditions ‘will’, ‘would’, ‘may’, ‘could’ or ‘should’ occur and include disclosure of anticipated exploration activities. Although the Company believes the expectations expressed in such forward‐looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward‐looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date such statements were made. The Company expressly disclaims any intention or obligation to update or revise any forward‐looking statements whether as a result of new information, future events or otherwise.

Such factors include, among others, risks related to future plans for the Company’s Nevada mineral properties; reliance on technical information provided by third parties on any of our exploration properties; changes in mineral project parameters as plans continue to be refined; current economic conditions; future prices of commodities; possible variations in grade or metallurgical recovery rates; failure of equipment or processes to operate as anticipated; the failure of contracted parties to perform; labor disputes and other risks of the mining industry; delays due to pandemic; delays due to weather; delays in obtaining governmental approvals, financing or in the completion of exploration, as well as those factors discussed in the section entitled ‘Risk Factors’ in the Company’s Management Discussion and Analysis for the Nine Months ending June 30, 2025, which is available under Company’s SEDAR profile at www.sedarplus.ca.

Although Nevada Sunrise has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Nevada Sunrise disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise. Accordingly, readers should not place undue reliance on forward-looking information.

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

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/277161

News Provided by Newsfile via QuoteMedia

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Top 5 Canadian Mining Stocks This Week: Bayhorse Silver Runs With 73 Percent Gain

Statistics Canada released November’s job data on Friday (December 5). The numbers show the Canadian economy added 54,000 jobs over the month, with gains largely coming from part-time work. The increase surprised analysts, who had been expecting losses, and marked the third consecutive month of gains for a total of 181,000 new jobs since the start of September.

Headlining the data were increases of 46,000 health care and social service workers, 14,000 new employees in accommodation and food services, and 11,000 new jobs in the natural resources sector. However, gains were offset by 34,000 fewer workers in the wholesale and retail trade.

Overall, the increase pushed the employment rate up by 0.1 percentage points to 60.9 percent and lowered the unemployment rate by 0.4 percentage points to 6.5 percent.

The release is the last major economic news on the calendar before the Bank of Canada (BoC) Board of Governors meets December 10 to make its final interest rate decision of 2025.

Economists are predicting that the BoC will hold rates steady until 2027.

The first Friday of the month is also typically the release date for the US Bureau of Labor Statistics’ own jobs report; however, due to the lengthy government shutdown, the agency noted in the September release issued on November 20 that October’s data would be rolled in with November’s and its release would be delayed until December 16.

However, a report from payroll firm ADP on Wednesday (December 3) indicated that its records show the US private sector employment shed 32,000 jobs in November, with weak hiring in the manufacturing, professional services, information and construction sectors, which was partially offset by an 8,000 job gain in the mining sector.

The release shows that job growth in the US has stalled and without the release of official government data may be the last important indicator ahead of the Federal Open Market Committee meeting set for December 9 and 10.

Given the news of a weak labor market, US analysts are predicting the Fed will make another 25 basis point cut, which would lower the Federal Funds Rate to the 3.5 to 3.75 percent range.

The expectations of cuts provided tailwinds for precious metals prices ahead of the central bank’s meeting, with the gold price trading up 1.03 percent on the week at US$4,200.53 on Friday at 4 PM EST, and the silver price up a massive 9.43 percent at US$58.42 after setting a new all-time high of US$59.28 per ounce during morning trading on Friday.

For more on what’s moving markets this week, check out our top market news round-up.

Markets and commodities react

Canadian equity markets posted modest gains this week.

The S&P/TSX Composite Index (INDEXTSI:OSPTX) gained 0.25 percent over the week to close Friday at 31,311.41.

Meanwhile, the S&P/TSX Venture Composite Index (INDEXTSI:JX) rose 1.04 percent to 939.76, and the CSE Composite Index (CSE:CSECOMP) increased 4.1 percent to close at 155.40.

In base metals, the COMEX copper price ended the week up 2.83 percent at US$5.45 per pound.

The S&P Goldman Sachs Commodities Index (INDEXSP:SPGSCI) gained 2.74 percent to end Friday at 564.72.

Top Canadian mining stocks this week

How did mining stocks perform against this backdrop?

Take a look at this week’s five best-performing Canadian mining stocks below.

Stocks data for this article was retrieved at 4:00 p.m. EST on Friday using TradingView’s stock screener. Only companies trading on the TSX, TSXV and CSE with market caps greater than C$10 million are included. Mineral companies within the non-energy minerals, energy minerals, process industry and producer manufacturing sectors were considered.

1. Bayhorse Silver (TSXV:BHS)

Weekly gain: 73.33 percent
Market cap: C$31.13 million
Share price: C$0.13

Bayhorse Silver is a silver-focused company currently working to bring the Bayhorse silver, copper and antimony mine in Oregon, US, back online.

The mine was originally in operation until late 1984 and closed when the price of silver dropped to under US$6 per ounce. Historic sampling during the 1980s identified grades of 2,146 grams per metric ton (g/t) silver, and a bulk sampling program conducted by Bayhorse in 2014 found bonanza grades of 150,370 g/t silver.

The company has continued to explore the property and, in October 2018, produced a maiden resource estimate that showed the property hosts inferred resources of 6.33 million ounces of silver from 292,300 US tons of ore with an average grade of 21.65 ounces per US ton.

Bayhorse anticipates receiving complete operating permits for the mine in mid-2026 and achieving full production in 2027.

Although the company did not release news this week, shares surged alongside the silver price, reaching new all-time highs.

2. Omineca Mining and Metals (TSXV:OMM)

Weekly gain: 72.73 percent
Market cap: C$14.42 million
Share price: C$0.095

Omineca Mining and Metals is a gold exploration and mining company working to advance its Wingdam project in British Columbia, Canada.

The project, a 50/50 joint venture with D&L Mining, consists of 61,329 hectares of hard rock and placer claims within the Cariboo mining district. The site currently hosts mining operations focused on extracting placer gold from gravels 50 meters beneath Lightning Creek.

According to the company, the mine is extracted through gravity separation, which uses an existing reusable water supply without chemicals, mill waste or tailings.

On Thursday (December 4) the company announced it had mobilized for an eight-hole, 4,000 meter, winter drill program at Wingdam. Exploration will focus on following up on mineralization discovered during the 2024 program and at depths below the Wingdam underground placer workings.

The company stated that drilling will continue until the end of December and that results will be released early in 2026.

Shares surged after Omineca’s Friday news that it restarted underground placer gold recovery at the site, with gold recovered via the company’s water wash plant and shaker table.

3. Selkirk Copper Mines (TSXV:SCMI)

Weekly gain: 57.3 percent
Market cap: C$74.56 million
Share price: C$0.70

Selkirk Copper Mines is a gold and copper exploration and development company working to advance the Minto mine project in the Yukon, Canada.

The property covers 26,850 hectares of mineral tenure centered around the past-producing Minto copper-gold-silver mine. The mine was abandoned in 2023, but was purchased by the Selkirk First Nation earlier in 2025, becoming the first Indigenous nation in Canada to own a mine.

On July 7, Selkirk Copper Mines released an updated mineral resource estimate for the project demonstrating a total indicated resource of 333.8 million pounds of copper, 186,600 ounces of gold and 1.73 million ounces of silver from 12.59 million metric tons of ore with average grades of 1.2 percent copper, 0.46 grams per metric ton (g/t) gold and 4.3 g/t silver.

Shares in Selkirk Copper posted gains this week after a pair of news releases.

The first came on Monday (December 1), when the company released initial drill results from exploration activities at the North West Zone. Highlighted assays included one hole with 2.39 percent copper, 0.32 g/t gold and 11.61 g/t silver over 23.4 meters, which included an intersection with 5.21 percent copper, 0.47 g/t gold and 26.68 g/t silver over 8.7 meters.

The results are part of a larger 50,000 meter campaign, the first to be carried out by Selkirk Copper Mines at the property, which has been designed to test the size and continuity of the North West zone. The company said that results have met and exceeded expectations.

The second release came on Tuesday (December 2) when the company announced that it had appointed Selkirk First Nations citizens Kevin McGinty as Vice President of Lands and Environment, and Morris Morrison as Manager of Community Relations.

4. Iconic Minerals (TSXV:ICM)

Weekly gain: 52.94 percent
Market cap: C$18.66 million
Share price: C$0.13

Iconic Minerals is an exploration company focused on its New Pass Gold property in Nevada, United States.

The project is a 50/50 joint venture with McEwen Mining and comprises 107 mining claims covering 2,140 acres in northern Nevada. According to the project page, New Pass hosts a gold equivalent inferred resource of 341,750 ounces.

In addition to New Pass, the company also owns the Midas South gold project, Smith Creek Valley, Grass Valley, and the Bonnie Claire lithium projects, all in Nevada.

Shares in Iconic posted gains this week, but the company has not released news since October 17, when it announced that it had entered into negotiations for a private placement to raise gross proceeds of C$2.55 million. The company said it intends to use the proceeds to fund exploration at New Pass and general working capital.

5. Scandium Canada (TSXV:SCD)

Weekly gain: 50 percent
Market cap: C$43.52 million
Share price: C$0.135

Scandium Canada is a scandium exploration company working to advance its Crater Lake scandium project in Northern Québec, Canada. The property consists of 96 contiguous claims covering an area of 47 square kilometers. To date, the company has identified five primary zones of interest at Crater Lake.

An updated mineral resource estimate, released on May 12, shows an indicated resource of 16.3 million metric tons of ore at an average grade of 277.9 grams per metric ton (g/t) scandium oxide, plus an inferred resource of 20.9 million metric tons at 271.7 g/t. The MRE also included grades of other rare earths at the project.

Scandium was recently added to the list of eligible minerals under the Clean Technology Manufacturing Investment Tax Credit in the Canadian budget, which passed on November 17.

The most recent news from the company came on November 17, when it announced that it entered into a definitive agreement to sell its La Roncière gold project to a subsidiary of Barrick Mining (TSX:ABX,NYSE:B).

Under the terms, Scandium Canada will receive an initial payment of C$390,000, followed by an additional C$200,000 upon the condition that Barrick completes a pre-feasibility study with specific minimum gold content in the mineral resource.

Although it released no news this week, Scandium Canada’s share price jumped significantly Tuesday.

The gains may be related to the Wall Street Journal reporting on Monday that Rio Tinto (ASX:RIO,NYSE:RIO,LSE:RIO) was eyeing a sale of its scandium production facility in Sorel-Tracy, Québec, as part of a larger asset sale in the province. Rio Tinto confirmed these plans on Thursday.

The news came one month after a commitment by Canada to make a C$25 million royalty investment in the site through the Canada Growth Fund to shore up domestic supply of the critical mineral.

FAQs for Canadian mining stocks

What is the difference between the TSX and TSXV?

The TSX, or Toronto Stock Exchange, is used by senior companies with larger market caps, and the TSXV, or TSX Venture Exchange, is used by smaller-cap companies. Companies listed on the TSXV can graduate to the senior exchange.

How many mining companies are listed on the TSX and TSXV?

As of May 2025, there were 1,565 companies listed on the TSXV, 910 of which were mining companies. Comparatively, the TSX was home to 1,899 companies, with 181 of those being mining companies.

Together, the TSX and TSXV host around 40 percent of the world’s public mining companies.

How much does it cost to list on the TSXV?

There are a variety of different fees that companies must pay to list on the TSXV, and according to the exchange, they can vary based on the transaction’s nature and complexity. The listing fee alone will most likely cost between C$10,000 to C$70,000. Accounting and auditing fees could rack up between C$25,000 and C$100,000, while legal fees are expected to be over C$75,000 and an underwriters’ commission may hit up to 12 percent.

The exchange lists a handful of other fees and expenses companies can expect, including but not limited to security commission and transfer agency fees, investor relations costs and director and officer liability insurance.

These are all just for the initial listing, of course. There are ongoing expenses once companies are trading, such as sustaining fees and additional listing fees, plus the costs associated with filing regular reports.

How do you trade on the TSXV?

Investors can trade on the TSXV the way they would trade stocks on any exchange. This means they can use a stock broker or an individual investment account to buy and sell shares of TSXV-listed companies during the exchange’s trading hours.

Article by Dean Belder; FAQs by Lauren Kelly.

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

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

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