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On Monday (January 19), Statistics Canada released the consumer price index (CPI) figures for December. The data showed an uptick in inflation to 2.4 percent year-over-year, up from 2.2 percent in November.

Much of the increase was driven by a 5 percent increase in grocery prices and an 8.5 percent increase in food purchased from restaurants. StatsCan noted that the rise coincides with the GST/HST holiday that began on December 14, 2024, which primarily affected those two categories. The holiday ended on February 15, 2025.

Balancing out the increase were declines in prices at the pump, with gas prices falling 13.8 percent year-over-year, following a 7.8 percent decrease in November.

The reporting agency also released its annual CPI review on Monday. In that release, StatsCan indicated that on an annual average basis, CPI rose 2.1 percent in 2025, after recording a 2.4 percent increase in 2024. The year’s growth rate also marked the smallest increase since 2020. However, over the past 5 years, consumer prices have increased by 19.9 percent.

In 2025, energy prices declined 5.7 percent after a modest 0.6 percent decrease in 2024 due to the removal of the carbon tax. On the other hand, grocery prices rose by 3.5 percent in 2025, after a 2.2 percent increase in 2024.

Statistics Canada released its November monthly mineral production survey on Tuesday (January 20). StatsCan noted that data from September and October were revised for this release, with October’s figures for gold, silver, and copper production receiving downward revisions.

As for November’s numbers, gold production decreased to 18,086 kilograms compared to 18,342 kilograms in October. Meanwhile, copper production rose to 39.7 million kilograms from 39.3 million kilograms, and silver production fell to 23,198 kilograms from 27,169 kilograms.

Gold shipments rose to 17,625 kilograms from 15,145 kilograms, and silver shipments grew to 27,799 kilograms from 26,207 kilograms. Copper shipments increased to 45.87 million kilograms from 26.45 million kilograms.

This week also marked the latest meeting of the World Economic Forum in Davos, Switzerland. In a speech at the forum, Canadian Prime Minister Mark Carney made waves when he spoke of a rupture in the world order and the importance for middle powers to diversify their relationships amid the uncertainty that has arisen among the world’s superpowers.

The speech was broadly hailed by world leaders, including Mexico’s President Claudia Sheinbaum, Finnish President Alexander Stubb and California Governor Gavin Newsom, who said, ‘I respect what Carney did because he had courage of convictions, he stood up, and I think we need to stand up in America and call this out with clarity.’

However, some US leaders were less complimentary, with US Commerce Secretary Howard Lutnik calling the speech “political noise.” It may also be among the reasons that US President Donald Trump rescinded his invitation for Carney to join his newly minted “Board of Peace” on Thursday (January 22).

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

Markets and commodities react

Canadian equity markets were mixed this week.

The S&P/TSX Composite Index (INDEXTSI:OSPTX) gained 0.34 percent over the week to close Friday at 33,144.98, while the S&P/TSX Venture Composite Index (INDEXTSI:JX) fared better, rising 5.53 percent to 1,154.15. The CSE Composite Index (CSE:CSECOMP) went the other way, losing 0.39 percent to close at 187.36.

The gold price continued to trade at all-time highs this week, reaching US$4,989.94 on Friday afternoon. Overall, it gained 7.96 percent on the week to trade at US$4,984.92 by Friday at 4:00 p.m. EST.

The silver price performed even better, officially hitting triple digit silver when it broke above US$100 per ounce on Friday at new highs. It posted a weekly gain of 11.19 percent, closing Friday at US$102.72. Silver has gained nearly 42 percent since the start of 2026 and 233 percent from this same time last year.

In base metals, the Comex copper price rose 1 percent this week to US$5.98.

The S&P Goldman Sachs Commodities Index (INDEXSP:SPGSCI) rose 3.61 percent to end Friday at 584.13.

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. Euro Manganese (TSXV:EMN)

Weekly gain: 134.29 percent
Market cap: C$23.56 million
Share price: C$0.41

Euro Manganese is a manganese development company working to advance its Chvaletice waste recycling project. The operation is focused on extracting manganese from tailings that are part of a decommissioned mine site near Prague, Czechia. As part of the project’s scope, the company says it will carry out remediation and reclamation work to bring the site into compliance with environmental regulations.

A 2022 feasibility study for the Chvaletice project indicates that it will produce 48,000 metric tons of manganese per year and is expected to have a project life of 25 years. In the study, the company reports a post-tax net present value of US$1.3 billion with an internal rate of return of 22 percent and a payback period of 4 years.

Shares in Euro Manganese were up this week, but the company has not released news since January 13, when it announced that John Webster tendered his resignation from the company’s board of directors.

Euro noted on Friday that it was unaware of any material change in its operations that could have caused the price rise.

2. Kingfisher Metals (TSXV:KFR)

Weekly gain: 106.35 percent
Market cap: C$38.24 million
Share price: C$0.65

Kingfisher Metals is an exploration company focused on its HWY 37 project located in British Columbia, Canada.

The property, located in BC’s Golden Triangle, covers 933 square kilometers and hosts several porphyry and epithermal copper and gold deposits, including Hank and Williams, which were identified during historical exploration of the site.

On January 13, the company announced additional results from its 2025 exploration and drill program at HWY 37, releasing assays for three drill holes at the Williams deposit, two of which some of Williams’ longest copper intercepts yet. Kingfisher highlighted one hole, with grades of 0.47 percent copper equivalent over 889.35 meters, starting 3.65 meters from surface, which also included an interval of 1.16 percent copper equivalent over 40 meters.

Then on Thursday (January 22), Kingfisher reported that it had received the final results from the program, this time in the form of a deep drill hole at the Hank epithermal gold-silver system. While the hole intersected Hank’s typical mineralisation in the upper half of the hole, starting at 534 meters it encountered a 425 meter interval grading 0.4 percent copper equivalent.

The company said this represented a blind discovery, with no previous porphyry copper and gold mineralization being reported at Hank.

“The final hole of the 2025 program validates our long-standing belief that the shallow Hank Au-Ag epithermal mineralization is driven by a large porphyry Cu-Au system,” said Kingfisher CEO Dustin Perry.

3. Core Critical Metals (TSXV:CCMC)

Weekly gain: 94.68 percent
Market cap: C$15.04 million
Share price: C$1.83

Core Critical Metals is an exploration company working on its Timmins nickel project in Ontario, Canada. The company was previously known as Xander Resources but announced in August that it was changing its name to Core Critical Metals.

The project holds a strategic position, with two properties totaling 393 claims located west along trend from Canada Nickel Company’s (TSXV:CNC,OTCQX:CNIKF) Crawford property and adjacent to Canada Nickel’s Reid discovery.

On Monday, Core Critical Minerals issued a release congratulating Canada Nickel on the success of Crawford’s development. It also noted Crawford’s inclusion for the second tranche of projects from the Government of Canada’s Major Project Office in November 2025, and the more recent designation under Ontario’s One Project, One Process framework on January 13.

Additionally, the company announced on January 15 that it had issued 1.24 million common shares to settle a C$400,000 exploration debt with the vendor of a property option agreement for the CNC West property. It followed this news the next day when it announced a two-for-one stock split on January 16.

4. GoldHaven Resources (CSE:GOH)

Weekly gain: 94.44 percent
Market cap: C$10.3 million
Share price: C$0.35

GoldHaven Resource is an exploration and development company advancing projects in British Columbia and Brazil.

Its most recent focus has been on its Magno project in BC’s Cassiar mining district. The property consists of 53 mineral claims covering 36,814.16 hectares and borders mineral claims held by Cassiar Gold (TSXV:GLDC,OTCQX:CGLCF) and Coeur Mining (NYSE:CDE).

The site hosts silver, lead and gold mineralization at Magno North, with additional quantities of tin, indium and gallium. Porphyry targets at Magno West have shown mineralization with copper and molybdenum.

Since the start of the year, the company has released a trio of updates from Magno.

The first came on January 6, when it announced that preliminary assays from surface exploration confirmed the presence of silver, lead, zinc, tungsten and critical minerals across multiple zones at the property. The release highlighted grades of up to 2,370 grams per metric ton silver, 19.25 percent zinc, 6,550 parts per million (ppm) tungsten and 334 ppm indium.

The second release came on January 14, providing additional information on its tungsten results, noting that exploration confirmed anomalous tungsten mineralization at the historical Kuhn and Dead Goat showings, and found a new tungsten zone at Vines Lake.

The most recent release came on Thursday when GoldHaven reported that indium grades at the site show it is a ‘meaningful critical mineral component of the Magno system.’ These elevated grades were found to be restricted to the Magno and D Zones, as well as the Kuhn and Dead Goat showings.

5. Ascot Resources (TSX:AOT)

Weekly gain: 91.21 percent
Market cap: C$38.24 million
Share price: C$1.74

Ascot Resources is a Canadian gold exploration and development company focused on the negotiating the restart of mining operations at its Premier gold project, and on its Red Mountain gold project.

The site is located within the Golden Triangle area of Northern British Columbia, and hosts the Premier, Silver Coin and Big Missouri deposits, as well as one of only three mills in the region.

Production at the mine began in April 2024, but operations were placed on care and maintenance in September 2024. At the time, the company said it had fallen behind schedule in developing the mine and did not have enough material to feed the mill.

In an update from April 2025, the company said it was anticipating the mine would restart in early August at an initial rate of 1,250 metric tons per day. However, on June 25, Ascot announced that the mine would not restart as negotiations with mining contractor Procon Mining regarding the cost of mining services had stalled.

On October 23, the company announced that the mine would remain on care and maintenance and that it had engaged Fiore Management to assist with restructuring, refinancing and enhancing the leadership team at Ascot.

Since that time, the company has launched a fundraising effort, with the most recent news on December 31, when it announced it had closed the first tranche of a private placement raising C$809.1 million.

In that release, President and CEO Robert McLeod stated that further detailed updates on Ascot’s plans, as well a proposed rebrand, would be coming in the weeks ahead. ‘We believe the rapid development of the high-grade, underground bulk-mineable Red Mountain Project is the key to the successful commissioning and operation of a centralized mill to process material from the multiple deposits in the Golden Triangle.”

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.

This post appeared first on investingnews.com

Domestic Metals Corp. (the ‘Company’ or ‘Domestic’) (TSXV: DMCU; OTCQB: DMCUF; FSE: 03E) announces that it has engaged the services of ICP Securities Inc. (‘ICP’) to provide automated market making services, including use of its proprietary algorithm, ICP Premium, in compliance with the policies and guidelines of the TSX Venture Exchange and other applicable legislation. ICP will be paid a monthly fee of C$7,500, plus applicable taxes. The agreement between the Company and ICP was signed with a start date of January 23, 2026 and is for four (4) months (the ‘Initial Term’) and shall be automatically renewed for subsequent one (1) month terms (each month called an ‘Additional Term’) unless either party provides at least thirty (30) days written notice prior to the end of the Initial Term or an Additional Term, as applicable. There are no performance factors contained in the agreement and no stock options or other compensation in connection with the engagement. ICP and its clients may acquire an interest in the securities of the Company in the future.

ICP is an arm’s length party to the Company. ICP’s market making activity will be primarily to correct temporary imbalances in the supply and demand of the Company’s shares. ICP will be responsible for the costs it incurs in buying and selling the Company’s shares, and no third party will be providing funds or securities for the market making activities.

Engagement of Michael Pound

Pursuant to the Company’s news release dated December 11, 2025, the Company provides additional clarification pursuant to Michael Pound’s engagement. The Company added Michael Pound to its Investor Relations team. Michael has over 30 years of Market experience and also holds a wealth of knowledge including an extensive network within the small cap community. Mr. Pound will be focused on investor outreach to that community and will provide shareholder and corporate communication services and other investor relations related services. Mr. Pound will be paid a monthly cash fee of C$7,500 per month plus applicable taxes. The term of the agreement is for twelve (12) months and, will automatically renew for an additional one-year term, and shall thereafter renew for further one-year terms unless terminated pursuant to the terms of the agreement. On February 17, 2025, Mr. Pound was granted 500,000 options at an exercise price of $0.10 and included vesting provisions whereby one-quarter of the options vest every four months. The Company confirms that Mr. Pound is a less than 5% shareholder of the Company and, his engagement is at arm’s length to the Company.

Opportunity to Meet with Domestic’s Management

We appreciate meeting with our supporters and shareholders in person to provide a detailed update and as such are looking forward to seeing you at our booth #1101 at the VRIC in Vancouver on January 25-26, 2026 and booth #3139 at the Investors Exchange at the PDAC, March 1-4, 2026, in Toronto.

About ICP Securities Inc.

ICP Securities Inc. is a Toronto based CIRO dealer-member that specializes in automated market making and liquidity provision, as well as having a proprietary market making algorithm, ICP Premium, that enhances liquidity and quote health. Established in 2023, with a focus on market structure, execution, and trading, ICP has leveraged its own proprietary technology to deliver high quality liquidity provision and execution services to a broad array of public issuers and institutional investors.

About Domestic Metals Corp.

Domestic Metals Corp. is a mineral exploration company focused on the discovery of large-scale, copper and gold deposits in exceptional, historical mining project areas in the Americas.

The Company aims to discover new economic mineral deposits in historical mining districts that have seen exploration in geologically attractive mining jurisdictions, where economically favorable grades have been indicated by historic drilling and outcrop sampling.

The Smart Creek Project is strategically located in the mining-friendly state of Montana, containing widespread copper mineralization at surface and hosts 4 attractive porphyry copper, epithermal gold, replacement and exotic copper exploration targets with excellent host rocks for mineral deposition.

Domestic Metals Corp. is led by an experienced management team and an accomplished technical team, with successful track records in mine discovery, mining development and financing.

On behalf of Domestic Metals Corp.

Gord Neal, CEO and Director
(604) 657 7813

Follow us on:
X, LinkedIn, Facebook and Instagram

For more information on Domestic Metals, please contact:
Gord Neal, Phone: 604 657-7813 or Michael Pound, Phone: 604 363-2885

Please visit the Company website at www.domesticmetals.com or contact us at info@domesticmetals.com.

For all investor relations inquiries, please contact:
John Liviakis, Liviakis Financial Communications Inc., Phone: 415-389-4670

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 news release contains certain statements that may be deemed ‘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. Forward-looking statements may include, without limitation, statements relating to the Company’s continued stock exchange listings and the planned exploration activities on properties. 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, are subject to risks and uncertainties, and actual results or realities may differ materially from those in the forward-looking statements. Such material risks and uncertainties include, but are not limited to: competition within the industry; actual results of current exploration activities; environmental risks; changes in project parameters as plans continue to be refined; future price of commodities; failure of equipment or processes to operate as anticipated; accidents, and other risks of the mining industry; delays in obtaining approvals or financing; risks related to indebtedness and the service of such indebtedness; as well as those factors, risks and uncertainties identified and reported in the Company’s public filings under the Company’s SEDAR+ profile at www.sedarplus.ca. Although the Company 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. Accordingly, readers should not place undue reliance on forward-looking statements. 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. Forward-looking statements are made as of the date hereof and, accordingly, are subject to change after such date. 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 unless required by law.

News Provided by GlobeNewswire via QuoteMedia

This post appeared first on investingnews.com

(TheNewswire)

Vancouver, Canada, January 23, 2026 TheNewswire – Spartan Metals Corp. (‘Spartan’ or the ‘Company’) (TSX-V: W | OTCQB: SPRMF | FSE: J03) announces its shareholders have approved the Company’s new 10% rolling stock option plan (the ‘Option Plan’) and it’s share unit plan (the ‘Share Unit Plan’) (collectively the ‘Equity Incentive Plans’) at the Company’s annual meeting of shareholders held on January 19, 2026 (the ‘Shareholders’ Meeting’).

 

The Equity Incentive Plans provide the Company with the ability to issue stock options (‘Options‘), restricted share units (‘RSU’s‘) and deferred share units  (‘DSU’s‘) to directors, officers, employees or consultants of the Company or its subsidiaries. The aggregate number of common shares reserved for issuance in connection with the Option Plan shall not exceed 10% of the issued and outstanding common shares of the Company at the time of grant.  The number of shares reserved for issuance under the Share Unit Plan shall not exceed 2,500,000 common shares.

 

Further details regarding the Equity Incentive Plans are included in the management information circular of the Company filed on SEDAR+ in connection with the Shareholders’ Meeting.

 

The Company further announces it has granted an aggregate of 1,850,000 Options to directors, officers, employees and consultants of the Company in accordance with the Company’s Option Plan. These Options are exercisable at $0.395per share for a period of five years. The Company also announces that it has granted an aggregate of 682,000 DSU’s to directors and officers of the Company and 60,000 RSU’s to eligible persons of the Company. The DSUs and RSUs are governed by the Company’s Share Unit Plan and will be subject to applicable securities law hold periods.

 

About Spartan Metals Corp.

Spartan Metals is focused on developing critical minerals projects in well-established and stable mining jurisdictions in the Western United States, with an emphasis on building a portfolio of diverse strategic defense minerals such as Tungsten, Rubidium, Antimony, Bismuth, and Arsenic.

 

Spartan’s flagship project is the Eagle Project in eastern Nevada that consists of one of the highest-grade historic tungsten resources in the USA (the past-producing Tungstonia Mine) along with significant under-defined resources consisting of: rubidium; antimony; bismuth; indium; as well as precious and base metals. More information about Spartan Metals can be found at www.SpartanMetals.com  

 

On behalf of the Board of Spartan

‘Brett Marsh’

President, CEO & Director

 

Further Information:

Brett Marsh, M.Sc., MBA, CPG

President, CEO & Director

1-888-535-0325

info@spartanmetals.com

 

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

 

Copyright (c) 2026 TheNewswire – All rights reserved.

News Provided by TheNewsWire via QuoteMedia

This post appeared first on investingnews.com

Wording in 3rd paragraph ‘Engagement of Michael Pound’ has been corrected to reflect that Mr. Pound is no longer at arm’s length of the company.

Domestic Metals Corp. (the ‘Company‘ or ‘Domestic‘) – (TSXV: DMCU,OTC:DMCUF; OTCQB: DMCUF; FSE: 03E) announces that it has engaged the services of ICP Securities Inc. (‘ICP‘) to provide automated market making services, including use of its proprietary algorithm, ICP Premium, in compliance with the policies and guidelines of the TSX Venture Exchange and other applicable legislation. ICP will be paid a monthly fee of C$7,500, plus applicable taxes. The agreement between the Company and ICP was signed with a start date of January 23, 2026 and is for four (4) months (the ‘Initial Term’) and shall be automatically renewed for subsequent one (1) month terms (each month called an ‘Additional Term’) unless either party provides at least thirty (30) days written notice prior to the end of the Initial Term or an Additional Term, as applicable. There are no performance factors contained in the agreement and no stock options or other compensation in connection with the engagement. ICP and its clients may acquire an interest in the securities of the Company in the future.

ICP is an arm’s length party to the Company. ICP’s market making activity will be primarily to correct temporary imbalances in the supply and demand of the Company’s shares. ICP will be responsible for the costs it incurs in buying and selling the Company’s shares, and no third party will be providing funds or securities for the market making activities.

Engagement of Michael Pound

Pursuant to the Company’s news release dated December 11, 2025, the Company provides additional clarification pursuant to Michael Pound’s engagement. The Company added Michael Pound to its Investor Relations team. Michael has over 30 years of Market experience and also holds a wealth of knowledge including an extensive network within the small cap community. Mr. Pound will be focused on investor outreach to that community and provide shareholder and corporate communication services and other investor relations related services. Mr. Pound will be paid a monthly cash fee of C$7,500 per month plus applicable taxes. The agreement was entered into on February 17, 2025 and is for twelve (12) month term which will automatically renew for an additional one-year term, and shall thereafter renew for further one-year terms unless terminated pursuant to the terms of the agreement. On February 17, 2025, Mr. Pound was granted 500,000 options at an exercise price of $0.10 for a period of five years and includes vesting provisions whereby one-quarter of the options vest every four months. Mr. Pound is no longer at arm’s length to the Company as he holds stock options and is a less than 5% shareholder of the Company.

Opportunity to Meet with Domestic’s Management

We appreciate meeting with our supporters and shareholders in person to provide a detailed update and as such are looking forward to seeing you at our booth #1101 at the VRIC in Vancouver on January 25-26, 2026 and booth #3139 at the Investors Exchange at the PDAC, March 1-4, 2026, in Toronto.

About ICP Securities Inc.

ICP Securities Inc. is a Toronto based CIRO dealer-member that specializes in automated market making and liquidity provision, as well as having a proprietary market making algorithm, ICP Premium, that enhances liquidity and quote health. Established in 2023, with a focus on market structure, execution, and trading, ICP has leveraged its own proprietary technology to deliver high quality liquidity provision and execution services to a broad array of public issuers and institutional investors.

About Domestic Metals Corp.

Domestic Metals Corp. is a mineral exploration company focused on the discovery of large-scale, copper and gold deposits in exceptional, historical mining project areas in the Americas.

The Company aims to discover new economic mineral deposits in historical mining districts that have seen exploration in geologically attractive mining jurisdictions, where economically favorable grades have been indicated by historic drilling and outcrop sampling.

The Smart Creek Project is strategically located in the mining-friendly state of Montana, containing widespread copper mineralization at surface and hosts 4 attractive porphyry copper, epithermal gold, replacement and exotic copper exploration targets with excellent host rocks for mineral deposition.

Domestic Metals Corp. is led by an experienced management team and an accomplished technical team, with successful track records in mine discovery, mining development and financing.

On behalf of Domestic Metals Corp.

Gord Neal, CEO and Director
(604) 657 7813

Follow us on:
X, LinkedIn, Facebook and Instagram

For more information on Domestic Metals, please contact:
Gord Neal, Phone: 604 657-7813 or Michael Pound, Phone: 604 363-2885

Please visit the Company website at www.domesticmetals.com or contact us at info@domesticmetals.com.

For all investor relations inquiries, please contact:
John Liviakis, Liviakis Financial Communications Inc., Phone: 415-389-4670

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 news release contains certain statements that may be deemed ‘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. Forward-looking statements may include, without limitation, statements relating to the Company’s continued stock exchange listings and the planned exploration activities on properties. 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, are subject to risks and uncertainties, and actual results or realities may differ materially from those in the forward-looking statements. Such material risks and uncertainties include, but are not limited to: competition within the industry; actual results of current exploration activities; environmental risks; changes in project parameters as plans continue to be refined; future price of commodities; failure of equipment or processes to operate as anticipated; accidents, and other risks of the mining industry; delays in obtaining approvals or financing; risks related to indebtedness and the service of such indebtedness; as well as those factors, risks and uncertainties identified and reported in the Company’s public filings under the Company’s SEDAR+ profile at www.sedarplus.ca. Although the Company 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. Accordingly, readers should not place undue reliance on forward-looking statements. 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. Forward-looking statements are made as of the date hereof and, accordingly, are subject to change after such date. 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 unless required by law.

News Provided by GlobeNewswire via QuoteMedia

This post appeared first on investingnews.com

As President Donald Trump aims to build a ballroom at the White House, federal Judge Richard Leon on Thursday reportedly asked Justice Department lawyers to point to what authority allows the president to engage in a construction project at the White House.

‘Where do you see the authority for the president to tear down the East Wing and build something in its place?’ the judge asked, according to The Washington Post. 

While the outlet reported that Leon said he could issue a decision next month, NBC News reported that the judge promised that he would issue a decision in February.

Attorney Thad Heuer, who represents the National Trust for Historic Preservation, contended that the president lacks the constitutional power to rip down the East Wing and build a ballroom, according to NBC News, which quoted Heuer as saying, ‘He’s not the owner.’

The outlet reported that the judge seemed to be leaning in the direction of pausing the project.

Fox News Digital reached out to the White House on Friday.

‘The president didn’t want $400 million in taxpayer money to be used for this,’ Justice Department attorney Yaakov Roth said, according to NBC News. 

‘He wanted to use donations,’ Roth noted.

The project began last year at the behest of Trump, but he has asserted that it is being funded by private donations, not taxpayer dollars.

‘I am honored to be the first President to finally get this much-needed project underway — with zero cost to the American Taxpayer!’ Trump declared in an October Truth Social post. ‘The White House Ballroom is being privately funded by many generous Patriots, Great American Companies, and, yours truly. This Ballroom will be happily used for Generations to come!’ 

This post appeared first on FOX NEWS

Iran’s top prosecutor pushed back Friday on a recent announcement from President Donald Trump that Iran canceled more than 800 executions, alleging that the president’s remarks are ‘completely false.’ 

Trump wrote on Truth Social last week, ‘I greatly respect the fact that all scheduled hangings, which were to take place yesterday (Over 800 of them), have been cancelled by the leadership of Iran. Thank you!’ 

However, Iran’s top prosecutor, Mohammad Movahedi, said Friday that, ‘This claim is completely false; no such number exists, nor has the judiciary made any such decision,’ according to The Associated Press. 

‘We have a separation of powers, the responsibilities of each institution are clearly defined, and we do not, under any circumstances, take instructions from foreign powers,’ Movahedi reportedly added in comments published by the Iranian judiciary’s Mizan news agency.

When asked for reaction Friday, a White House official told Fox News Digital that Trump is monitoring the situation in Iran very seriously and that all options remain available if the regime in Tehran executes protesters. 

The official added that following Trump’s warnings to Iran, demonstrators who were set to be sentenced to death there were not. 

The White House official also said Trump believes this is good news and is hoping the trend continues.

‘What I will say with respect to Iran is that the president and his team have communicated to the Iranian regime that if the killing continues, there will be grave consequences,’ White House press secretary Karoline Leavitt told reporters last week. 

As of Friday, there have been 5,032 deaths during the crackdown against anti-government protesters in Iran, the AP reported, citing the U.S.-based Human Rights Activists News Agency.

Iran’s government offered its first death toll Wednesday, saying 3,117 people had been killed. It claimed that 2,427 of the dead in the demonstrations that began Dec. 28 were civilians and security forces, with the rest being ‘terrorists.’ 

The Associated Press contributed to this report. 

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Chaos engulfing northeastern Syria has sparked fresh security fears after Syria’s new governing authorities moved against U.S.-backed Kurdish forces, forcing the U.S. military to rush ISIS detainees out of Syria and into Iraq.

The U.S. military launched an operation Wednesday to relocate ISIS detainees amid fears that instability could trigger mass prison breaks. So far, about 150 detainees have been transferred from a detention center in Hasakah, Syria, with plans to move up to 7,000 of the roughly 9,000 to 10,000 ISIS detainees held in Syria, U.S. officials said.

The operation comes as Syria’s new government, led by President Ahmed al-Sharaa, ordered the Kurdish-led Syrian Democratic Forces (SDF) — Washington’s longtime partner in the fight against ISIS — to disband following a rapid offensive over the weekend that severely weakened the group.

Syrian government forces have since assumed control of several detention facilities previously guarded by the SDF. At least 120 ISIS detainees escaped during a breakout at the al-Shaddadi prison in Hasakah this week, according to Syrian authorities, who say many have been recaptured. U.S. and regional officials caution that some escapees remain at large.

The deteriorating security situation also has raised alarms around al-Hol camp, a sprawling detention site housing the families of ISIS fighters and long viewed by Western officials as a breeding ground for radicalization.

Kurdish forces announced they would withdraw from overseeing the camp, citing what they described as international indifference to the ISIS threat.

‘Due to the international community’s indifference towards the ISIS issue and its failure to assume its responsibilities in addressing this serious matter, our forces were compelled to withdraw from al-Hol camp and redeploy,’ the SDF said in a statement.

The camp is currently home to about 24,000 people, mostly women and children linked to ISIS fighters from across the Middle East and Europe. Many residents have no formal charges, according to aid groups, and humanitarian organizations have long warned that extremist networks operate inside the camp.

The SDF said guards were redeployed to confront the threat posed by Syrian government forces advancing into Kurdish-held territory. On Tuesday evening, Kurdish forces and Syrian government troops agreed to a four-day ceasefire, though officials warned the truce remains fragile.

Meanwhile, The Wall Street Journal reported that U.S. officials are weighing whether to withdraw the roughly 1,000 American troops still stationed in Syria, raising questions about Washington’s long-term ability to secure ISIS detainees as local alliances shift.

Two U.S. Army soldiers were killed in Syria in December 2025 by a lone ISIS gunman.

ISIS lost its last territorial stronghold in Syria in 2019, when U.S. forces and their SDF partners overran the group’s enclave in Baghouz. While the defeat ended the group’s self-declared caliphate, U.S. and allied officials say ISIS has since regrouped as a decentralized insurgency, repeatedly targeting prisons and detention camps in Syria and Iraq.

Western governments have cautiously backed al-Sharaa — a former militant once designated as a terrorist — since his forces overthrew longtime Syrian leader Bashar al-Assad, framing the support as a pragmatic security calculation rather than an endorsement of his past.

U.S. envoy to Syria Tom Barrack urged Kurdish leaders to reach a permanent deal with the new Syrian government, emphasizing Washington’s focus on preventing an ISIS resurgence rather than maintaining an indefinite military presence.

‘The United States has no interest in a long-term military presence,’ Barrack said, adding that U.S. priorities include securing ISIS detention facilities and facilitating talks between the SDF and the Syrian government.

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Iran’s top prosecutor Thursday denied President Donald Trump’s claim that Tehran, Iran, halted mass executions of imprisoned protesters under U.S. pressure — a rebuttal that comes as Trump openly warned Iran it would face consequences more severe than recent U.S. strikes on its nuclear facilities if the executions went forward.

Trump has said he pulled back from threats to intervene militarily after Iran agreed to stop the execution of as many as 800 detained demonstrators following days of anti-regime unrest.

‘This claim is completely false, no such number exists, nor has the judiciary made any such decision,’ Mohammad Movahedi was quoted by Iranian state media as saying Friday. 

‘We have a separation of powers, the responsibilities of each institution are clearly defined, and we do not, under any circumstances, take instructions from foreign powers,’ he added.

Movahedi is an Iranian cleric and judge who serves as the nation’s prosecutor general. He previously warned that those taking part in the protests were ‘enemies of God,’ a crime punishable by death. 

Iran’s mission to the United Nations declined to comment on the discrepancy between Trump and Movahedi’s claims. For News Digital also reached out to the State Department for more details and has not yet received a response. 

A White House official said Trump ‘is watching the situation in Iran very seriously and all options are on the table if the regime executes protesters.’ 

The official declined to say where Trump had learned executions were being halted but added: ‘As a result of President Trump’s warnings, Iranian protesters who were scheduled to be sentenced to death were not. As President Trump stated, he thinks this is good news and hopes this trend continues.’

The denial reopens questions raised in the past week, when Trump publicly warned Iran and encouraged protesters by saying ‘help is on its way,’ setting expectations of U.S. action as security forces carried out a violent crackdown. U.S. and regional security officials said at the time that restraint reflected concern over retaliation against U.S. forces and allies — not a retreat from confrontation.

Trump has since argued that pressure worked, saying Iran backed away from planned executions after he warned of severe consequences. Iran’s rejection of that claim now sharpens the stakes, raising the prospect that Washington may soon face a test of whether it is prepared to act if executions resume — or risk its warnings being dismissed.

Trump on Thursday told reporters that a U.S. ‘armada’ was heading toward Iran, signaling that Washington is prepared to escalate if the country continues executions or intensifies its crackdown.

Recalling a conversation with Iranian envoys, Trump said: ‘I said, if you hang those people, you’re going to be hit harder than you’ve ever been hit.’

‘It will make what we did to Iran nuclear look like peanuts,’ he said. ‘And an hour before this horrible thing was going to take place, they canceled. And they actually said they canceled and they didn’t postpone it they canceled it. So that was a good sign.’ 

‘We have an armada heading in that direction. And maybe we won’t have to use it,’ Trump said. ‘We’ll see,’ 

The president said the U.S. has ‘a big force going to Iran,’ adding, ‘I’d rather not see anything happen,’ but warning that ‘we have a lot of ships going that direction just in case.’

The Abraham Lincoln carrier strike group set sail from the South China Sea toward the Middle East in the past week and is expected to arrive in the region soon, placing significant U.S. firepower within striking distance of Iran amid rising tensions. The Lincoln carries F-35C stealth fighters, F/A-18 Super Hornets and destroyer escorts armed with Tomahawk cruise missiles and advanced air-defense systems.

The deployment has renewed questions over whether the United States is prepared to intervene militarily if Iran resumes executions or continues its crackdown on protesters, which already has left thousands dead.

Iranian state television has acknowledged that more than 3,000 people have been killed during the unrest, while activists and human rights groups say the true death toll is significantly higher — a discrepancy that underscores the regime’s tight control over information as international scrutiny intensifies.

By publicly tying U.S. military action to the fate of detained protesters, Trump has drawn a clear red line. Iran’s refusal to acknowledge U.S. pressure, even as American naval forces move closer, leaves little room for ambiguity — and raises the risk of escalation as both sides test each other’s resolve.

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The Republican National Committee (RNC) is taking a big step toward holding its first-ever midterm convention.

The RNC on Friday approved a change to the party’s rules that would allow Chair Joe Gruters to convene a convention during a midterm election year.

National political conventions, where party delegates from around the country formally nominate their party’s presidential candidates, normally take place during presidential election years.

But with Republicans aiming to protect their narrow control of the Senate and their razor-thin House majority in this year’s elections, President Donald Trump announced in September that the GOP would hold a convention ahead of the midterms ‘in order to show the great things we have done’ since recapturing the White House.

As first reported by Fox News Digital, the rule change was adopted Thursday evening by the RNC’s Rules Committee during the party’s winter meeting in Santa Barbara, California.

The full RNC membership, meeting Friday during the confab’s general session, approved the rule change in a unanimous vote.

A memo obtained by Fox News Digital highlighted ‘the possibility of an America First midterm convention-style gathering aligned with President Trump’s vision for energizing the party this fall.’

And speaking with reporters on Friday, Gruters called the convention a ‘Trump-a-palooza’ where ‘we can really highlight all the incredible things that this president has done.’

But the president’s approval ratings remain well underwater, with many Americans giving him a big thumbs down on the job he’s doing with the economy and the issue of affordability.

‘Trump has historically low approval ratings because he has put America last, sold out working families to hand out favors to billionaires, and made life unaffordable,’ Democratic National Committee (DNC) Chair Ken Martin told Fox News Digital in a statement.

The party in power, in this case the Republicans, normally faces stiff political headwinds in the midterms. And the hope among Trump and top Republicans is that a midterm convention would give the GOP a high-profile platform to showcase the president’s record and their congressional candidates running in the midterms.

Gruters, in a statement to Fox News Digital, touted that the RNC’s winter meeting ‘shows how completely united Republicans are behind President Trump and our efforts to win the midterms. The RNC has been aggressively focused on expanding our war chest, turning out voters and protecting the ballot in this fall’s elections. We’re building the operation needed to protect our majorities and give President Trump a full four-year term with a Republican Congress.’

Details on the date and location of the midterm convention will come at a later date and will likely be announced by the president.

But a Republican source told Fox News Digital it’s probable the convention would be held at the same time as the RNC’s summer meeting, which typically occurs in August.

The DNC may also hold a midterm convention. Sources confirmed to Fox News Digital last summer that Martin and other party leaders were quietly pushing the idea of a convention ahead of the midterms.

Democrats held a handful of midterm conventions in the 1970s and 1980s.

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