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Silver Crown Royalties Closes Silver Royalty With EDM Resources

Investing 6 Mins Read

(TheNewswire)

TORONTO, ON, August 13, 2025 TheNewswire – Silver Crown Royalties Inc. ( Cboe: SCRI,OTC:SLCRF; OTCQX: SLCRF; FRA: QS0) ( ‘Silver Crown’ or the ‘Company’ ) is pleased to announce that, further to its press release dated August 7, 2025, it has closed the acquisition of a royalty on 90% of the cash equivalent of silver produced each quarter from the past producing Scotia Mine (the ‘Silver Royalty’ ) with EDM Resources Inc. ( TSX-V: EDM; FSE: P3Z) ( ‘EDM’ ). The Silver Royalty provides for minimum of the cash equivalent of 7,000 ounces per year for 10 years starting at commercial production on the Scotia Mine. SCRi paid $250,000 in cash at closing and issued 60,000 units (‘ Units ‘) to EDM per Unit at a deemed value of C$10.00, with each Unit consisting of a common share in the capital of SCRi (‘ Common Share ‘) and one warrant exercisable into an additional Common Share at a price of C$13.00 for a period of 36 months following the date hereof. SCRi must pay EDM an additional C$250,000 cash payment following the date hereof as deferred consideration for the Silver Royalty.

ABOUT EDM RESOURCES INC.

EDM Resources Inc. (‘EDM’) ( TSX-V: EDM; FSE: P3Z) is a Canadian exploration and mining company that has full ownership of the Scotia Mine and related facilities near Halifax, Nova Scotia. Through its wholly owned subsidiary, EDM also holds several prospective exploration licenses near its Scotia Mine and in the surrounding regions of Nova Scotia .

ABOUT Silver Crown Royalties INC.

Founded by seasoned industry professionals, Silver Crown Royalties ( Cboe: SCRI | OTCQX: SLCRF | FRA: QS0) is a publicly traded silver royalty company dedicated to generating free cash flow. Silver Crown (SCRi) currently holds five silver royalties. Its business model offers investors exposure to precious metals, providing a natural hedge against currency devaluation while mitigating the adverse effects of production-related cost inflation. SCRi strives to minimize the economic burden on mining projects while simultaneously maximizing shareholder returns. For further information, please contact:

Silver Crown Royalties Inc.

Peter Bures, Chairman and CEO

Telephone: (416) 481-1744

Email: pbures@silvercrownroyalties.com

FORWARD-LOOKING STATEMENTS

This release contains certain ‘forward looking statements’ and certain ‘forward-looking information’ as defined under applicable Canadian and U.S. securities laws. Forward-looking statements and information can generally be identified by the use of forward-looking terminology such as ‘may’, ‘will’, ‘should’, ‘expect’, ‘intend’, ‘estimate’, ‘anticipate’, ‘believe’, ‘continue’, ‘plans’ or similar terminology. The forward-looking information contained herein is provided for the purpose of assisting readers in understanding management’s current expectations and plans relating to the future. Readers are cautioned that such information may not be appropriate for other purposes. Forward-looking statements and information include, but are not limited to, SCRi must pay EDM an additional C$250,000 cash payment following the date hereof as deferred consideration for the Silver Royalty . Forward-looking statements and information are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that, while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual actions, events or results to be materially different from those expressed or implied by such forward-looking information, including but not limited to: the impact of general business and economic conditions; the absence of control over mining operations from which SCRi will purchase gold and other metals or from which it will receive royalty payments and risks related to those mining operations, including risks related to international operations, government and environmental regulation, delays in mine construction and operations, actual results of mining and current exploration activities, conclusions of economic evaluations and changes in project parameters as plans continue to be refined; accidents, equipment breakdowns, title matters, labor disputes or other unanticipated difficulties or interruptions in operations; SCRi’s ability to enter into definitive agreements and close proposed royalty transactions; the inherent uncertainties related to the valuations ascribed by SCRi to its royalty interests; problems inherent to the marketability of gold and other metals; the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; industry conditions, including fluctuations in the price of the primary commodities mined at such operations, fluctuations in foreign exchange rates and fluctuations in interest rates; government entities interpreting existing tax legislation or enacting new tax legislation in a way which adversely affects SCRi; stock market volatility; regulatory restrictions; liability, competition, the potential impact of epidemics, pandemics or other public health crises on SCRi’s business, operations and financial condition, loss of key employees. SCRi has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information. SCRi undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management’s best judgment based on information currently available.

This document does not constitute an offer to sell, or a solicitation of an offer to buy, securities of the Company in Canada, the United States or any other jurisdiction. Any such offer to sell or solicitation of an offer to buy the securities described herein will be made only pursuant to subscription documentation between the Company and prospective purchasers. Any such offering will be made in reliance upon exemptions from the prospectus and registration requirements under applicable securities laws, pursuant to a subscription agreement to be entered into by the Company and prospective investors. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements.

CBOE CANADA DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.

Copyright (c) 2025 TheNewswire – All rights reserved.

News Provided by TheNewsWire via QuoteMedia

This post appeared first on investingnews.com

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Former Navy SEAL Rep. Eli Crane fires off message for ex-President Obama: ‘Probably best to sit this one out’

Politics 2 Mins Read

Former Navy SEAL and current GOP House lawmaker Rep. Eli Crane of Arizona delivered a pointed message to former President Barack Obama.

‘You’ve done enough damage. Probably best to sit this one out,’ the congressman told Obama in a post on X.

Crane made the comments in response to a post in which Obama declared, ‘Since we passed the Affordable Care Act, Republicans have tried over and over to repeal it. And over and over, they’ve failed — in part because millions of people now depend on the ACA for quality, affordable health care. Now Republicans are trying something different: quietly weakening the law and hoping you won’t notice. We can’t let them.’

GOP Sen. Mike Lee of Utah wrote in response to the Democrat’s post, ‘Obamacare was a great deal—for huge healthcare companies But it’s made healthcare less affordable for hardworking American families, who have seen their healthcare costs skyrocket—while a small handful of healthcare giants have reaped a windfall of billions of dollars a year.’

‘The worst part of Obamacare was putting able-bodied, working-age adults on government assistance instead of helping them find employment. I’ve been vocally against this since day one. Medicaid should be for needy children, families, and seniors. Not for those who can work!’ former Wisconsin Gov. Scott Walker, who is now the president of the Young America’s Foundation, wrote.

Fox News Digital reached out to the White House for comment on Obama’s post.

Obama served two consecutive terms as president, with his White House tenure spanning from early 2009 through early 2017, when he was succeeded by President Donald Trump.

This post appeared first on FOX NEWS

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Politics

More than 20 GOP attorneys general call on RFK Jr, FDA to reinstate safeguards for abortion drugs

Politics 4 Mins Read

More than 20 Republican attorneys general are demanding that the Trump administration reinstate safety protocols for the abortion drug mifepristone, saying it poses ‘serious risks to women.’

In a letter obtained by Fox News Digital, 22 attorneys general called on Health and Human Services Secretary Robert F. Kennedy Jr. and Food and Drugs Administration head Martin Makary to bring back safeguards for the pills that were scrapped by the Obama and Biden administrations.

‘Recent comprehensive studies of the real-world effects of the chemical abortion drug mifepristone report that serious adverse events occur 22 times more often than stated on the drug’s label, while the drug is less than half as effective as claimed. These facts directly contradict the drug’s primary marketing message of ‘safe’ and ‘effective,” the letter reads, citing studies published earlier this year by the Ethics and Public Policy Center (EPPA), a Washington, D.C.-based advocacy group.

The EPPA report claims the pill presents harm to women, causing 1 in 10 patients to experience a ‘serious adverse event,’ including hemorrhage, emergency room visits and ectopic pregnancy.

The letter, led by Kansas Attorney General Kris Kobach, comes after Kennedy Jr. asked Makary to review the latest data on mifepristone and its safety.

‘Based on that review, the FDA should consider reinstating safety protocols that it identified as necessary as recently as 2011 in its issuance of a Risk Evaluation and Mitigation Strategy (REMS) for mifepristone, but which were removed by the Obama and Biden administrations,’ the letter reads, adding that the drug should be taken off the market if safeguards cannot be put in place.

‘Alternatively, in light of the serious risks to women who are presently being prescribed this drug without crucial safeguards, and in the event the FDA is unable to reinstate the 2011 safety protocols for mifepristone, the FDA should consider withdrawing mifepristone from the market until it completes its review and can decide on a course of action based on objective safety and efficacy criteria,’ the attorneys general wrote.

Sen. Josh Hawley, R-Mo., also sent a letter to Kennedy Jr. last month urging him to take immediate action to reinstate safety guardrails on mifepristone following the secretary’s commitment to conducting a safety review of the drug.

Makary had previously said that he had no plans to modify policies surrounding mifepristone but that the FDA would act if the data suggested there was a safety issue.

Mifepristone, which is taken with another drug called misoprostol to end an early pregnancy, was first approved by the FDA in 2000 after ‘a thorough and comprehensive review’ found it was safe and effective, according to the agency’s website, which noted that periodic reviews since its approval have not identified new safety concerns.

Last year, the Supreme Court rejected a challenge targeting the drug’s availability. The plaintiffs had sought to restrict access to mifepristone across the country, including in Democrat-led states where abortion remains legal. The court did not rule on whether the FDA acted lawfully when it moved during the Obama and Biden administrations to ease the rules for mifepristone’s use that had been established during the Clinton administration.

Medication abortions made up more than half of all abortions in the U.S. health care system in 2023, according to a study by the Guttmacher Institute.

‘Currently, a woman can obtain a mifepristone abortion by participating in only one telehealth visit with any approved healthcare provider (not necessarily a physician), ordering the drugs through a mail-order pharmacy, and self-administering them,’ the attorneys general wrote. ‘And the prescriber is only required to report an adverse event if he or she becomes aware that the patient has died.’

‘The FDA’s removal of these crucial safety protocols in 2016 (and in 2023) that only five years before the FDA considered necessary begs the question of whether the removal was motivated by considerations other than the safety of patients … The current FDA’s dedication to the health and wellbeing of all Americans is encouraging, as is the much-needed review of mifepristone that Secretary Kennedy has promised,’ the letter concludes.

This post appeared first on FOX NEWS

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Ashley Biden files for divorce from husband, Howard Krein, after 13 years of marriage: reports

Politics 2 Mins Read

Former first daughter Ashley Biden this week filed for divorce from her husband of 13 years, according to reports. 

The 44-year-old also posted an Instagram story on the same day with the song ‘Freedom’ by Beyonce. 

In her post, Biden walks through a park giving a thumbs up while the song plays, according to the Philadelphia Inquirer, which reported the filing first. 

She also posted the quote: ‘New life, new beginnings means new boundaries. New ways of being that won’t look or sound like they did before’ over ‘Freedom Time’ by Lauryn Hill. 

Biden has been married to plastic surgeon Howard Krein since 2012. 

The estranged couple were wed in Greenville, Delaware, in a ceremony that combined her Catholic faith and his Jewish roots, according to People magazine.

A reception was held at the Biden family’s Wilmington lake house.

‘I kept telling Ash, we’ve got to open up the church and practice walking up and down the aisle so I can handle it,’ former President Joe Biden, who was vice president at the time, told People, saying he expected to be emotional at the ceremony. 

‘This is the right guy. And he’s getting a helluva woman,’ the former president said at the time. Biden met her husband through her late brother Beau Biden and started dating him in 2010. 

She mentioned her wedding when she introduced the former president at the Democratic National Convention last year. 

‘At the time, my dad was vice president, but he was also that dad who literally set up the entire reception,’ she said. ‘He was riding around in his John Deere 4-wheeler, fixing the place settings, arranging the plants, and by the way, he was very emotional.’

She added, ‘Before he walked me down the aisle, he turned to me and said he would always be my best friend. All these years later, Dad, you are still my best friend.’

Fox News Digital has reached out to a rep for the former president for comment. 

This post appeared first on FOX NEWS

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Feds unseal charges against ‘Barbecue,’ Haitian gang leader with $5M bounty on his head

Politics 4 Mins Read

U.S. Attorney Jeanine Pirro on Tuesday announced an indictment in Washington, D.C., accusing Jimmy ‘Barbecue’ Chérizier and Bazile Richardson, a naturalized U.S. citizen, of conspiring to send U.S. funds to finance Chérizier’s Haitian gang.

The Department of Justice (DOJ) said Chérizier is a fugitive and is believed to be in Haiti.

His co-defendant, Richardson, who also goes by ‘Fredo,’ ‘Fred Lion,’ ‘Leo Danger,’ and ‘Lepe Blode,’ was arrested in Pasadena, Texas on July 23. 

Pirro said Tuesday that Chérizier is a gang leader who orchestrated and committed various acts of violence against Haitians.

In 2020, the U.S. sanctioned Chérizier under the Magnitsky Act for his alleged human rights violations. His indictment makes it the first of its kind for an individual sanctioned under the international Magnitsky Human Rights Accountability Act, Pirro added.

Richardson and Chérizier grew up together in Haiti, though the former later became a naturalized U.S. citizen and was living in North Carolina.

Richardson was indicted for allegedly sending money to Chérizier, knowing that he had been sanctioned under the Magnitsky Act.

‘I want to let the public know that anyone who was giving money to Chérizier, also known as Barbecue, because of his violent acts in his home country, cannot say ‘I didn’t know. I didn’t know that he was sanctioned by the U.S government,’’ Pirro said. ‘They will be prosecuted, and we will find them because they are supporting an individual who was committing human rights abuses. And we will not look the other way.’

The State Department’s Transnational Organized Crime Rewards Program announced Tuesday that it is offering a reward of up to $5 million for information leading to the arrest or conviction of Chérizier. Anyone with information about his whereabouts is encouraged to contact the State Department.

‘There’s a good reason that there’s a $5 million reward for information leading to Chérizier’s arrest. He’s a gang leader responsible for heinous human rights abuses, including violence against American citizens in Haiti,’ Pirro said. ‘The U.S. government sanctioned Chérizier in 2020 because he was responsible for an ongoing campaign of violence, including the 2018 La Saline massacre, in which 71 people were killed, more than 400 houses were destroyed, and at least seven women raped by armed gangs.’

Court documents show that Chérizier is a former officer in the Haitian National Police and leader of a gang known as the Revolutionary Forces of the G9 Family and Allies, which helped create a gang alliance called Viv Ansanm. The alliance united many of Haiti’s criminal gangs in opposition to the legitimate government of Haiti.

The indictment alleges Chérizier and Richardson, after Chérizier was sanctioned, led a wide-ranging conspiracy with people in the U.S., Haiti and other places to raise money for Chérizier’s gang activities, in violation of the sanctions.

Specifically, the two men solicited money from members of the Haitian diaspora in the U.S.

‘After sending funds to intermediaries in Haiti for Chérizier’s benefit, the U.S. and Haitian co-conspirators would send Chérizier images of receipts from money transfers,’ the DOJ said. ‘Chérizier used these funds principally to pay salaries to the members of his gang and to acquire firearms from illicit firearms dealers in Haiti.’

The Trump administration, in May, designated Viv Ansanm and Gran Grif – two of Haiti’s most powerful gang networks – as foreign terrorist organizations and specifically designated terrorists.

The move was aimed at disrupting the gangs’ operations and supporting efforts to restore order in the troubled Caribbean nation.

The designations brought serious legal consequences. Individuals or entities that provide material support to Viv Ansanm or Gran Grif could face criminal charges, loss of immigration benefits or removal from the U.S.

This post appeared first on FOX NEWS

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Venezuela human rights hit new low as US puts $50M bounty on Maduro’s head: State Department

Politics 3 Mins Read

The U.S. State Department’s annual human rights report delivered a grim assessment of conditions in Venezuela, declaring that human rights have fallen to a new low following reports of widespread abuses and state-sanctioned repression, particularly after the July 2024 presidential election when Nicolás Maduro clung to power. 

‘The human rights situation in Venezuela significantly worsened,’ the report reads. ‘Throughout the year, and particularly after the July 28 [2024] presidential election, Nicolás Maduro and his representatives engaged in serious human rights abuses, reaching a new milestone in the degradation of the rule of law’ after the election, according to the U.N. Independent International fact-finding mission on the country in September.

According to the most recent State Department report, credible evidence indicates a dramatic escalation in arbitrary or unlawful killings, disappearances, torture and harsh prison conditions. NGOs and U.N. observers documented extensive restrictions on freedom of expression, with journalists and human rights defenders facing arrests, harassment and censorship. The judiciary remained deeply compromised — unable or unwilling to hold perpetrators accountable for abuses.

The report noted that the United Nations International Fact Finding Mission stated at least 25 people were killed in the first days following the July 2024 elections, including two children. 

Pro-Maduro leaders ‘harassed and intimidated privately-owned and democratic opposition-oriented television stations, media outlets, and journalists’ through threats, property seizures and prosecutions.

The sweeping report, which will go public Tuesday afternoon, also calls out Brazil and South America for human rights abuses. 

In a parallel diplomatic maneuver, the U.S. Department of Justice, backed by the State Department, significantly increased the reward for Maduro’s capture from $25 million to $50 million. Attorney General Pam Bondi accused Maduro of leading one of the world’s most notorious narco-trafficking operations, including associations with the Tren de Aragua, Sinaloa cartel and the infamous Cartel of the Suns. The Drug Enforcement Administration has reportedly seized 30 tons of cocaine linked to Maduro and his allies, with nearly seven tons directly tied to him.

This nullified the previous reward levels — $15 million initially set during Trump’s first term, later raised to $25 million under the Biden administration. Venezuela’s foreign ministry dismissed the bounty as a ‘political propaganda operation.’

The State Department report highlights an alarming absence of credible efforts by Venezuelan authorities to investigate or prosecute those responsible for human rights violations. Security forces, including the military, police, and colectivos — pro-Maduro armed groups — were repeatedly implicated in abuses, yet the justice system remained ineffective, allowing a culture of impunity to flourish.

Maduro was indicted in Manhattan court in 2020, during the first Trump administration, on narco-terrorism charges. 

The dictatorial Venezuelan leader held onto power after the 2024 presidential election where the U.S. and much of Europe recognized his opposition as Venezuela’s duly elected president.

This post appeared first on FOX NEWS

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Editor's pick

Musk threatens ‘immediate’ legal action against Apple over alleged antitrust violations

Editor's pick 3 Mins Read

Elon Musk on Monday threatened Apple with legal action over alleged antitrust violations related to rankings of the Grok AI chatbot app, which is owned by his artificial intelligence startup xAI.

“Apple is behaving in a manner that makes it impossible for any AI company besides OpenAI to reach #1 in the App Store, which is an unequivocal antitrust violation. xAI will take immediate legal action,” Musk wrote in a post on his social media platform X.

Apple declined to comment on Musk’s threat.

“Why do you refuse to put either X or Grok in your ‘Must Have’ section when X is the #1 news app in the world and Grok is #5 among all apps? Are you playing politics?” Musk said in another post.

Apple last year partnered with OpenAI to integrate its ChatGPT chatbot into iPhone, iPad, Mac laptop and desktop products. Musk at the time said: “If Apple integrates OpenAI at the OS level, then Apple devices will be banned at my companies. That is an unacceptable security violation.”

Prior to his legal threats against Apple, Musk had celebrated Grok surpassing Google as the fifth top free app on the App Store. When contacted by CNBC, xAI did not immediately respond to a request for further information on a potential lawsuit.

CNBC confirmed that ChatGPT was ranked No. 1 in the top free apps section of the American iOS store, and was the only AI chatbot in Apple’s “Must-Have Apps” section. The App Store also featured a link to download OpenAI’s new flagship AI model, ChatGPT-5 at the top of its “Apps” section.

OpenAI on Thursday announced GPT-5, its latest and most advanced large-scale AI model, following xAI’s release of its newest chatbot, Grok 4, last month.

Musk has an ongoing feud with ChatGPT maker OpenAI, which he co-founded in 2015. The billionaire stepped down from its board in 2018, four years after saying that AI was “potentially more dangerous than nukes.”

He is now suing the Microsoft-backed startup, and its CEO Sam Altman, alleging they abandoned OpenAI’s founding mission to develop artificial intelligence “for the benefit of humanity broadly.”

Robert Keele, who headed the legal department at xAI, announced last week that he had left the company to spend more time with his family. In his announcement, Keele also acknowledged “daylight between our worldviews,” referring to Musk.

In response to Musk’s antitrust threats against Apple, OpenAI CEO Sam Altman said in an X post: “This is a remarkable claim given what I have heard alleged that Elon does to manipulate X to benefit himself and his own companies and harm his competitors and people he doesn’t like.”

This is not the first time Apple has been challenged on antitrust grounds. In a landmark case, the Department of Justice last year sued the company over charges of running an iPhone ecosystem monopoly.

In June, a panel of judges also denied an emergency application from Apple to halt the changes to its App Store resulting from a ruling that the company could no longer charge a commission on payment links inside its apps, nor tell developers how the links should look.

— CNBC’s Kif Leswing and Lora Kolodny contributed to this article.

This post appeared first on NBC NEWS

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Investing

Nuvau Launches Follow up Drilling to Bracemac Footwall Gold Discovery in Matagami

Investing 10 Mins Read

Nuvau Minerals Inc. (TSXV: NMC) has begun its minimum 1,500 m drill program aimed at testing continuity and extensions to the orogenic gold system discovered last month. The discovery was made with the first hole drilled of an inaugural gold-focused exploration program, in the footwall of the Bracemac-McLeod Mine approximately 200 m below surface. The follow-up program is being drilled immediately north east of this base metal mine, which was in production until mid 2022.

The Matagami Property is in the northern Abitibi Region of Quebec, one of the world’s most prolific gold endowed districts. This northern part of the Abitibi region includes Canada’s largest gold producing mine with the country’s largest gold mineral reserves: the Detour Lake Mine owned by Agnico Eagle Mines Limited. Hecla Mining Company’s Casa Berardi Mine, which has produced over 3 million ounces of gold, is located to the southwest of the Matagami Property (see Figure 1 below).

While the Abitibi’s first recorded gold discovery was 119 years ago in Rouyn-Noranda, the Matagami Property remains one of the largest areas in the region that has not been subject to a gold focused exploration program. Previous owners were concentrating on defining and developing multiple VMS deposits into multiple mines that produced extensive copper and zinc for more than 60 years. This was one of the primary opportunities Nuvau identified when it entered into the agreement to acquire the Property from Glencore. The Company recently began compiling gold related historic data, as well as launching several gold-focused initiatives (including till sampling) aimed at defining initial targets for drilling.

Figure 1: Matagami property location

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11236/262123_8f984e3ef4857b89_001full.jpg

Nuvau’s current gold-focused exploration program has identified three initial priority targets:

  1. Bracemac Footwall Discovery
  2. Gold-in-Till Anomaly Target
  3. Thunder Mine (1988) Target

The map below shows the location of these three targets (Figure 2). The vast majority of this 1,300 km2 land pack remains open for gold exploration.

Figure 2: Current gold targets

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11236/262123_8f984e3ef4857b89_002full.jpg

1. Bracemac Footwall Discovery

The recent discovery of gold mineralization in the footwall of the Bracemac Mine is located only 25 m from the access ramp of this permitted mine. The steeply dipping, strong shear zone structure with quartz veining mineralized with pyrite and locally visible gold was intersected at a depth of approximately 200 m. The visible gold was observed over approximately 0.5 m of core and assays are still pending on the discovery hole, BRCG-25-001.

Although located within the immediate footwall of the past-producing Bracemac-McLeod mine, the mineralized structure occurs in a late intrusive that truncated the mine host rock units (see Figure 3). The intrusive has seen very little drilling as the stratigraphy was not of interest for VMS exploration.

The follow up drill program is now underway to continue to step-out both up and down dip, and along strike, to test continuity of mineralization within the structural corridor as well as providing critical data on the dip and strike of the vein.

Figure 3: Past producing Bracemac-McLeod Mine and relative position of gold target drilled (left); schematic of the stratigraphy (right)

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11236/262123_figure3.jpg

Figure 4: Visible gold found in more than 30 gold chips identified in logging the core

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11236/262123_8f984e3ef4857b89_005full.jpg

2. Gold-in-Till Anomaly Target

As part of Nuvau’s target generative exploration program, an overburden (till) drilling program was launched in 2023. This program resulted in the discovery of significant gold-in-till mineralization that was announced on March 4, 2025.

From the 2023 sonic drill program, hole PD-23-030s produced a notable gold grain anomaly detected at a depth of between 29.26 to 29.87 m in the overburden and featured more than 2,000 gold grains per 10 kg of material. In addition, a near-contiguous sample with 295 gold grains per 10 kg of material between 31.12 to 32.00 m was also encountered with the interval between consisting of a large locally derived boulder. Based on the almost pristine nature of the gold grains, and their close proximity to the bottom of the hole, the source is expected to be relatively close to this hole. (See images of gold grains below in Figure 5.)

To assist in defining targets in this area, a detailed drone MAG survey was completed. The limited rock outcrops were also mapped recently and together with the MAG data, a drill program is being designed for later this year. The objective of this drill program will be to gain a better understanding of the local geological structures and to test for the potential source of the extensive gold grains.

Figure 5: Mosaic of backscattered electron images of gold grain

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11236/262123_figure5.jpg

Notice the delicate textures and silicate attachments. LEFT: Image of 230 gold grains found in sample 155320186, hole PD-23-030s, RIGHT: Image of 112 gold grains found in adjacent sample 155320187.

3. Thunder Mine (1988) Target

The Thunder Mine property was acquired by Nuvau in 2023 for its potential for both base metal and gold mineralization. In 1988, Thunderwood Exploration Ltd. drilled a series of holes as follow-up to a 1959 hole that intersected copper mineralization (see Figure 6).

This follow-up program identified multiple gold-bearing structures; however, no subsequent follow-up work was completed. Highlight intercepts from the available public domain report include the following:

  • DT-14-88: 209.00 – 209.80 m (0.80 m) @ 26.40 g/t Au.
  • DT-10-88: 205.00 – 206.00 m (1.00 m) @ 78.16 g/t Au.
  • DT-18-88: 100.80 – 107.30 m (6.50 m) @ 1.55 g/t Au, incl.: 0.30 m @ 4.89 g/t Au.
  • DT-19-88: 226.00 – 231.00 m (5.0 m) @ 2.27 g/t Au, Incl.: 0.50 m @ 10.39 g/t Au.
  • DT-20-88: 136.80 – 137.10 m (0.30 m) @ 10.37 g/t Au and 204.50 – 205.00 m (0.50 m) @ 6.48 g/t Au.
  • DT-21-88: 310.50 – 319.90 m (9.40 m) @ 4.02 g/t Au, incl.: 0.70 m @ 42.03 g/t Au and 0.70 m @ 7.30 g/t Au.

These results been extracted from historical information, and are not compliant with NI 43-101. The original results are available via GESTIM, GM 48216, and GM 08790 at the following links:

    Thunder mine drilling is planned as part of Nuvau’s winter drilling program in Q1 2026.

    Figure 6: Thunder Mine Past drilling

    To view an enhanced version of this graphic, please visit:
    https://images.newsfilecorp.com/files/11236/262123_8f984e3ef4857b89_012full.jpg

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

    Qualified Person and Quality Assurance
    Bastien Fresia P. Geo. (Qc), Technical Services Director of Nuvau and a ‘qualified person’ as is defined by National Instrument 43-101, has verified the scientific and technical data disclosed in this news release, and has otherwise reviewed and approved the scientific and technical information in this news release.

    Drill core samples are sawn by staff technicians to create half core splits. One split is retained in the drill core box for archival purposes with a sample tag affixed at each sample interval and the other split is placed in a labelled plastic bag along with a corresponding sample number tag and placed in the shipment queue.

    Quality control samples including blind certified reference material (‘CRM’), blank material, and core duplicates are inserted at a frequency of 1 in every 20 samples and sample batches of up to 60 samples were then shipped directly by Nuvau personnel to the ALS Canada Ltd. preparation laboratory in Rouyn-Noranda, Québec.

    All submitted core samples are crushed in full to 95 % passing less than 2 mm (ALS code CRU-32). A 1000-gram sample was then riffled split from the crushed material and pulverized to 90 % passing 75 μm (SPL-22 and PUL-32a). Pulps are shipped from the preparation laboratory to ALS Canada Ltd.’s analytical lab in North Vancouver, British Columbia, for assay.

    Lead, silver, copper and zinc analyses were determined by ore grade four acid digestion with an inductively coupled plasma atomic emission spectroscopy (‘ICP-AES’) or atomic absorption spectroscopy (‘AAS’) finish (ALS codes Pb-OG62, Ag-OG62, Cu-OG62 and ZnOG62), whereas gold was determined by 50 g fire assay analysis with an AAS finish (code Au-AA23).

    ALS Canada Ltd. is an accredited, independent commercial analytical firm registered to ISO/IEC 17025:2017 and ISO 9001:2015.

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

    Cautionary Statements
    This news release contains forward-looking statements and forward-looking information (collectively, ‘forward-looking statements’) within the meaning of applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as ‘may’, ‘should’, ‘anticipate’, ‘will’, ‘estimates’, ‘believes’, ‘intends’ ‘expects’ and similar expressions which are intended to identify forward-looking statements. More particularly and without limitation, this news release contains forward-looking statements concerning drill results relating to the Matagami Property, the results of the PEA, the potential of the Matagami Property, the timing and commencement of any production, the restart of the Bracemac-McLeod Mine, the completion of the earn-in of the Matagami Property and the timing and completion of any technical studies, feasibility studies or economic analyses. Forward-looking statements are inherently uncertain, and the actual performance may be affected by a number of material factors, assumptions and expectations, many of which are beyond the control of the Company, including expectations and assumptions concerning the Company and the Matagami Property. Readers are cautioned that assumptions used in the preparation of any forward-looking statements may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. Readers are further cautioned not to place undue reliance on any forward-looking statements, as such information, although considered reasonable by the management of the Company at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated.

    The forward-looking statements contained in this news release are made as of the date of this news release, and are expressly qualified by the foregoing cautionary statement. Except as expressly required by securities law, neither the Company nor Nuvau undertakes any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise.

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

    To view the source version of this press release, please visit https://www.newsfilecorp.com/release/262123

    News Provided by Newsfile via QuoteMedia

    This post appeared first on investingnews.com

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    Crypto Market Update: Bullish Targets Upsized US$4.82 Billion IPO Valuation

    Investing 6 Mins Read

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

    Get the latest insights on Bitcoin, Ethereum and altcoins, along with a round-up of key cryptocurrency market news.

    Bitcoin and Ethereum price update

    Bitcoin (BTC) was priced at US$118,815, down by 0.1 percent over the last 24 hours and its lowest valuation on Monday. Its highest price for the day was US$120,693.

    Bitcoin price performance, August 11, 2025.

    Chart via TradingView.

    Analyst Omkar Godbole offered a cautious outlook, pointing to lower trading volumes for Bitcoin despite similar prices in July and a Coinbase Global (NASDAQ:COIN) discount suggesting weak US institutional demand.

    Ethereum (ETH) has outperformed after a weekend rally.

    Ethereum broke past US$4,300 on Monday as FG Nexus announced the acquisition of 47,331 ETH, worth about US$200 million. Meanwhile, data from Etherscan shows rising daily transaction counts over the past several weeks.

    Creator coins like ZRO and PUMP also saw gains after announcements like Coinbase’s new DEX feature and LayerZero’s acquisition. Bondex CEO Ignacio Palomera called these developments an evolution in how creators can monetize their content. US consumer price index data on Tuesday (August 12) could fuel or dampen the crypto rally.

    Altcoin price update

    • Solana (SOL) was priced at US$176.39, down by 3.6 percent over 24 hours and its lowest valuation for the day. Its highest price was US$180.86.
    • XRP was trading for US$3.16, down 1.7 percent in the past 24 hours and at its lowest valuation of the day. Its highest was US$3.22.
    • Sui (SUI) was trading at US$3.69, down by 5 percent over the past 24 hours, and its lowest valuation of the day. Its highest level was US$3.77.
    • Cardano (ADA) was trading at US$0.783, down by 3 percent over 24 hours and its lowest valuation on Monday. Its highest was US$0.8008.

    Today’s crypto news to know

    Bullish aims for US$4.82 billion valuation in upsized IPO

    Bullish has increased the size of its planned initial public offering (IPO), targeting a valuation of up to US$4.82 billion. It plans to raise as much as US$990 million by selling 30 million shares priced between US$32 and US$33 each, a higher range than its previous filing, but still below its US$9 billion target in a failed 2021 SPAC merger.

    The cryptocurrency exchange said it will convert a significant portion of its IPO proceeds into US-dollar-backed stablecoins through partnerships with token issuers. BlackRock-managed funds and Cathie Wood’s ARK Investment have shown interest in purchasing up to US$200 million worth of shares.

    Bullish is expected to price the offering on Tuesday and debut on the NYSE under the ticker “FLY” the next day.

    Tether and Rumble propose joint acquisition of Northern Data

    Tether and Rumble (NASDAQ:RUM) have proposed to jointly acquire all shares of artificial intelligence infrastructure company Northern Data, according to a press release issued on Monday.

    According to the proposed terms, USDt issuer Tether, already Northern Data’s largest shareholder, would support the transaction, which would see each Northern Data shareholder receive 2.319 newly issued Class A Rumble shares for each Northern Data share offered, leading to roughly 33.3 percent of Rumble ownership being transferred to Northern Data shareholders. The final exchange ratio may be adjusted for the potential sale of Peak Mining and a related debt reduction, which would increase the exchange ratio.

    Subject to definitive documentation, Tether would also significantly increase its investment in Rumble, becoming a key customer with a multi-year GPU purchase commitment.

    Chainlink to partner with ICE

    Blockchain oracle platform Chainlink announced a partnership with US-based Fortune 500 company Intercontinental Exchange (NYSE:ICE) on Monday to bring foreign exchange and precious metals data onchain.

    The collaboration will unite Intercontinental’s consolidated feed, an aggregator of market data from over 300 global exchanges and marketplaces, with Chainlink Data Streams’ derived data sets, which provide market information to power tokenization for over 2,000 decentralized applications and major financial institutions.

    This partnership is the latest move to further integrate traditional market infrastructure with blockchain systems.

    El Salvador targets wealthy investors with new Bitcoin banking law

    El Salvador has approved a new investment banking law designed to attract institutional and high-net-worth crypto investors. Licensed investment banks with at least US$50 million in capital will be able to provide Bitcoin and other digital asset services, but only to clients meeting “sophisticated investor” criteria.

    Requirements include at least US$250,000 in liquid assets and advanced financial knowledge.

    The banks will be allowed to issue bonds, structure public-private projects and offer digital asset products. Lawmakers say the changes aim to position the country as a regional financial hub and draw in foreign private capital.

    The move comes as President Nayib Bukele consolidates political power through constitutional reforms extending presidential terms and removing term limits.

    Blue Origin to accept crypto payments for space flights

    According to a Monday press release, Jeff Bezos’ Blue Origin has partnered with payment processing company Shift4 Payments (NYSE:FOUR) to allow customers to buy tickets to outer space using crypto and stablecoins.

    Trips will take place on Blue Origin’s New Shepard reusable rockets, and direct payments will now be accepted from popular wallets from the likes of MetaMask and Coinbase.

    “Our mission has always been to revolutionize commerce by simplifying the transaction process, and we’re thrilled to now extend that vision beyond Earth,” said Taylor Lauber, CEO of Shift4.

    “This partnership will enable adventurous travelers to book the adventure of a lifetime, no matter their preferred payment method — all with a simple, frictionless experience,’ he added. Blue Origin has flown more than 75 passengers past the Kármán Line, the boundary separating Earth’s atmosphere and space.

    “We believe crypto and stablecoins are going to become an increasingly popular way for consumers to pay, particularly for high-end purchases, as both the consumer and merchant benefit financially from these transactions,” commented Alex Wilson, head of crypto at Shift4.

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

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

    This post appeared first on investingnews.com

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    New Harvard Study Links Lithium Deficiency to Alzheimer’s

    Investing 4 Mins Read

    Lithium, a naturally occurring trace element in the brain, may be able to unlock a key medical mystery: why some people develop Alzheimer’s disease and others don’t, despite similar brain changes.

    In a recently published study, scientists at Harvard Medical School state that lithium not only exists in the human brain at biologically meaningful levels, but also appears to protect against neurodegeneration.

    Additionally, their work shows that lithium supports the function of all major brain cell types.

    The decade-long study drew on mouse experiments and analyses of human brain and blood samples across the spectrum of cognitive health. The Harvard team discovered that as amyloid beta, the sticky protein associated with Alzheimer’s, begins to accumulate, it binds to lithium and depletes its availability in the brain. This drop in lithium impairs neurons, glial cells and other brain structures, accelerating memory loss and disease progression.

    “The idea that lithium deficiency could be a cause of Alzheimer’s disease is new and suggests a different therapeutic approach,” said Bruce Yankner, who is the senior author of the study.

    Yankner, a professor of genetics and neurology at Harvard Medical School who in the 1990s was the first to show that amyloid beta is toxic to nerve cells, said the new findings open the door to treatments that address the disease in its entirety, rather than targeting single features like amyloid plaques or tau tangles.

    To explore this possibility, researchers screened for lithium compounds that could evade capture by amyloid beta.

    They identified lithium orotate as the most promising candidate. In mice, the compound reversed Alzheimer’s-like brain changes, prevented cell damage and restored memory, even in animals with advanced disease.

    Crucially, the effective dose was about one-thousandth of that used in psychiatric treatments, avoiding the toxicity risk that has hampered lithium’s clinical use in older patients.

    “You have to be careful about extrapolating from mouse models, and you never know until you try it in a controlled human clinical trial,” Yankner cautioned. “But so far the results are very encouraging.”

    The path to these findings began with access to an unusually rich source of brain tissue.

    Working with the Rush Memory and Aging Project in Chicago, the team examined postmortem samples from thousands of donors, from cognitively healthy individuals to those with mild cognitive impairment and full-blown Alzheimer’s.

    Using advanced mass spectrometry, they measured trace levels of about 30 metals. Lithium stood out as the only one whose levels dropped sharply at the earliest stages of memory loss.

    The pattern matched earlier population studies linking higher environmental lithium levels, including in drinking water, to lower dementia rates. But unlike those correlations, the Harvard team directly measured brain lithium and established a normal range for healthy individuals who had never taken lithium as medication.

    “Lithium turns out to be like other nutrients we get from the environment, such as iron and vitamin C,” Yankner said. “It’s the first time anyone’s shown that lithium exists at a natural level that’s biologically meaningful without giving it as a drug.”

    To test whether this deficiency was more than an association, the researchers fed healthy mice a lithium-restricted diet, lowering brain lithium to levels seen in Alzheimer’s patients.

    The animals developed brain inflammation, lost connections between neurons and showed cognitive decline; however, replenishing them with lithium orotate reversed these changes. What’s more, mice given the compound from early adulthood were protected from developing Alzheimer’s-like symptoms altogether.

    The findings raise several possibilities. Measuring lithium levels in blood could become a tool for early screening, identifying people at risk before symptoms emerge. Furthermore, amyloid-evading lithium compounds could be tested as preventive or therapeutic agents, potentially altering the disease course more fundamentally than existing drugs.

    For now, researchers stress that no one should self-medicate with lithium supplements.

    The team emphasized that the safety and efficacy of lithium orotate in humans remain unproven, and clinical trials will be needed to determine whether the dramatic benefits seen in mice translate to people.

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

    This post appeared first on investingnews.com

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