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Sankamap Metals Inc. (CSE: SCU) (‘Sankamap’ or the ‘Company’) the Company and its auditor continue to work diligently toward the completion and filing of the Company’s annual audited financial statements and management’s discussion and analysis for the fiscal year ended June 30, 2025 (the ‘Required Filings’). The Company has applied to the Alberta Securities Commission for an extension of the Management Cease Trade Order (‘MCTO’), however, there can be no assurance that a further extension will be granted. The additional delay in completing the Required Filings is primarily due to the auditor awaiting the receipt of certain required information from government authorities in Solomon Islands, as well as timing constraints associated with the holiday period. The Company estimates that approximately 90% of the audit work has been completed.

The Required Filings were due to be filed by October 28, 2025. In connection with the anticipated delays in making the Required Filings, the Company made an application for a Management Cease Trade Order (‘MCTO‘) under National Policy 12-203 Management Cease Trade Orders (‘NP 12-203‘) to the Alberta Securities Commission, as principal regulator for the Company, and the MCTO was issued on October 29, 2025. The MCTO restricts all trading by the Company’s CEO and CFO in securities of the Company, whether direct or indirect. The MCTO does not affect the ability of persons who are not directors, officers or insiders of the Company to trade their securities. The MCTO will remain in effect until the Required Filings are filed or until it is revoked or varied.

The Company expects to proceed with the filing of its interim first-quarter financial statements shortly after the Required Filings have been completed and submitted.

The Company confirms that it intends to satisfy the provisions of the alternative information guidelines described in NP 12-203 by issuing bi-weekly default status reports in the form of a news release until it meets the Required Filings requirement. The Company has not taken any steps towards any insolvency proceeding and the Company has no material information relating to its affairs that has not been generally disclosed.

For further information with respect to the MCTO, please refer to the Company’s news releases dated October 21, 2025, November 4, 2025, November 18, 2025, December 3, 2025 and December 17, 2025, available for viewing on the Company’s SEDAR+ profile at www.sedarplus.ca.

About Sankamap Metals Inc.

Sankamap Metals Inc. (CSE: SCU) is a Canadian mineral exploration company dedicated to the discovery and development of high-grade copper and gold deposits through its flagship Oceania Project, located in the South Pacific. The Company’s fully permitted assets are strategically positioned in the Solomon Islands, along a prolific geological trend that hosts major copper-gold deposits; including Newcrest’s Lihir Mine, with a resource of 71.9 million ounces of gold¹ (310 Mt containing 23 Moz Au at 2.3 g/t P+P, 520 Mt containing 39 Moz Au at 2.3 g/t indicated, 81 Mt containing 5 Moz Au at 1.9 g/t measured, 61 Mt containing 4.9 Moz Au at 2.3 g/t Inferred).

Exploration is actively advancing at both the Kuma and Fauro properties, part of Sankamap’s Oceania Project in the Solomon Islands. Historical work has already highlighted the mineral potential of both sites, which lie along a highly prospective copper and gold-bearing trend, suggesting the possibility of further, yet-to-be-discovered deposits.

At Kuma, the property is believed to host an underexplored and largely untested porphyry copper-gold (Cu-Au) system. Historical rock chip sampling has returned consistently elevated gold values above 0.5 g/t Au, including a standout sample assaying 11.7% Cu and 13.5 g/t Au2; underscoring the area’s significant potential.

At Fauro, particularly at the Meriguna Target, historical trenching has returned highly encouraging results, including 8.0 meters at 27.95 g/t Au and 14.0 meters at 8.94 g/t Au3. Complementing these results are exceptional grab sample assays, including historical values of up to 173 g/t Au3, along with recent sampling by Sankamap at the Kiovakase Target, which returned numerous high-grade copper values, reaching up to 4.09% Cu. In addition, limited historical shallow drilling intersected 35.0 meters at 2.08 g/t Au3, further underscoring the property’s strong mineral potential and the merit for continued exploration. With a commitment to systematic exploration and a team of experienced professionals, Sankamap aims to unlock the untapped potential of underexplored regions and create substantial value for its shareholders. For more information, please refer to SEDAR+ (www.sedarplus.ca), under Sankamap’s profile.

1.Newcrest Technical Report, 2020 (Lihir: 310 Mt containing 23 Moz Au at 2.3 g/t P+P, 520 Mt containing 39 Moz Au at 2.3 g/t indicated, 81 Mt containing 5 Moz Au at 1.9 g/t measured, 61 Mt containing 4.9 Moz Au at 2.3 g/t Inferred)

2. Historical grab, soil and BLEG samples from SolGold Kuma Review June 2015, and SolGold plc Annual Report 2013/2012

3. September 2010-June 2012 press releases from Solomon Gold Ltd. and SolGold Fauro Island Summary Technical Info 2012

QP Disclosure

The technical content for the Oceania Project in this news release has been reviewed and approved by John Florek, M.Sc., P.Geol., a Qualified Person in accordance with CIM guidelines. Mr. John Florek is in good standing with the Professional Geoscientists of Ontario (Member ID:1228) and a director and officer of the Company.

ON BEHALF OF THE BOARD OF DIRECTORS

s/ ‘John Florek’
John Florek, M.Sc., P.Geol
Chief Executive Officer
Sankamap Metals Inc.

Contact:
John Florek, CEO
T: (807) 228-3531
E: johnf@sankamap.com

The Canadian Securities Exchange has not approved nor disapproved this press release.

Forward-Looking Statements

Certain statements made and information contained herein may constitute ‘forward-looking information’ and ‘forward-looking statements’ within the meaning of applicable Canadian and United States securities legislation. These statements and information are based on facts currently available to Sankamap and there is no assurance that the actual results will meet management’s expectations. Forward-looking statements and information may be identified by such terms as ‘anticipates,’ ‘believes,’ ‘targets,’ ‘estimates,’ ‘plans,’ ‘expects,’ ‘may,’ ‘will,’ ‘could’ or ‘would.’

This press release contains forward-looking statements, including, but not limited to, statements regarding management’s expectations about obtaining the MCTO and completing the Required Filings within the anticipated timeline. Forward-looking statements are subject to various risks, uncertainties, and other factors that could cause actual results or events to differ materially from those expressed or implied by such statements. Sankamap does not undertake any obligation to update forward-looking statements or information, except as required by applicable securities laws. For more information on the Company, investors should review the Company’s continuous disclosure filings that are available at www.sedarplus.ca.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/279270

News Provided by Newsfile via QuoteMedia

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Escalating claims by Russia that Ukraine tried to hit a residence used by President Vladimir Putin with drones have been dismissed by a top military drone expert, who called the alleged attack ‘hard to fathom’ and tactically implausible.

Cameron Chell’s comments came as Moscow doubled down on accusations Kyiv has flatly denied, with the drone industry leader arguing the alleged strike announced Monday runs counter to Ukraine’s drone tactics.

Chell, the CEO and co-founder of Draganfly, a drone manufacturer that supplies to the U.S. Department of Defense and allied militaries, including Ukraine, said Russia’s claims lack credibility.

‘What really makes things usually very signature about Ukraine is that they’re always incredibly clever about how they use drones,’ Chell told Fox News Digital.

‘They are clever from a cost perspective — let’s call it an efficiency perspective — but also very clever in their tactics,’ he added.

‘I find it hard to fathom that this drone attack even happened on Putin’s residence or that it was something that Ukraine orchestrated for a number of reasons,’ Chell said.

‘To get over the top of Putin’s residence, for one, the drones would not have been launched from a very long distance away,’ he added.

Chell’s comments came as Russia doubled down Tuesday on accusations that Ukraine attempted to strike a presidential palace in the Novgorod region using drones, allegedly to disrupt peace efforts.

Kyiv dismissed the allegation, with the timing also raising questions given the upbeat tone of a recent meeting between President Trump and Ukrainian President Volodymyr Zelenskyy in Florida.

Russian Foreign Minister Sergey Lavrov claimed late Monday that 91 drones were intercepted en route to Putin’s residence on the shores of Lake Valdai.

His statement appeared to contradict earlier Defense Ministry tallies, which said 89 drones were shot down over eight regions, including 18 over Novgorod, later adding another 23.

Only after Lavrov spoke did the ministry allege that 49 drones intercepted over Bryansk, nearly 300 miles away, were also targeting Valdai.

Asked about wreckage, Kremlin spokesman Dmitry Peskov said it was ‘a matter for our military,’ while calling Zelenskyy’s denial and Western skepticism ‘completely insane.’

Peskov said Russia’s diplomatic stance would be toughened, and Duma Speaker Vyacheslav Volodin vowed there could be ‘no forgiveness’ for Zelenskyy.

Chell said the story simply does not add up. ‘To attack Putin’s residence, you need long-range, very fast-moving drones,’ he said.

He added that for drones that small to reach such a site, they would have had to be launched from a much closer location, likely inside Russia itself.

‘They would have to be within about 10 kilometers [6.2 miles] — or maybe, at most, 30 kilometers — of Putin’s residence,’ Chell said.

‘That facility where Putin lives would also be incredibly secure, and so to have a number of lower-cost, slower-moving drones coming in on that facility would be very un-Ukrainian,’ Chell said.

‘Ukraine also doesn’t announce when they’re going to show up,’ he added.

Chell also noted that night operations would rule out GPS- or AI-based navigation due to jamming and visibility limits, making the launch of dozens of drones even less plausible.

‘Apparently the thing was at night, so that’s very difficult for machine vision or AI mapping software,’ he said. ‘So, you know, it definitely wasn’t using GPS, because it would have been jammed. There are just a bunch of things that don’t add up.’

Politically, Chell argued, Ukraine has nothing to gain. ‘They’re bold, but right in the middle of peace talks — when they need Trump on side — it makes no sense,’ he said. ‘Ukraine is just politically too smart to have done that.’

Zelenskyy on Monday also called the claim a complete fabrication, accusing Moscow of laying the groundwork for further attacks. 

Lavrov warned of retaliation but said Russia would continue talks with Washington.

Trump also said he learned of the alleged attack directly from Putin and was ‘very angry about it.’ Asked whether there was evidence, Trump replied, ‘We’ll find out.’

Fox News Digital has reached out to the Kremlin for comment.

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U.S. and partner forces killed or captured nearly 25 Islamic State operatives in Syria in the days following a large-scale U.S.-led strike on Dec. 19, according to a new statement from U.S. Central Command, underscoring Washington’s assessment that ISIS remains an active and persistent threat inside the country.

CENTCOM said those forces conducted 11 follow-on missions between Dec. 20 and Dec. 29, killing at least seven ISIS members, capturing the remainder and eliminating four ISIS weapons caches. The operations followed Operation Hawkeye Strike, when U.S. and Jordanian forces hit more than 70 ISIS targets across central Syria using over 100 precision munitions, destroying infrastructure and weapons sites linked to the group. 

‘We will not relent,’ CENTCOM Commander Adm. Brad Cooper said, adding that U.S. forces remain ‘steadfast’ in working with regional partners to dismantle ISIS networks that pose a threat to U.S. and regional security.

The scope of the follow-on raids highlights a reality U.S. commanders and analysts have been warning about for months: ISIS no longer controls large swaths of territory, but it retains the ability to organize, strike and regenerate inside Syria’s fragmented security landscape.

Syria remains divided among competing forces, militias and foreign-backed armed groups, with no single authority exercising full control over large parts of the country. Analysts say that vacuum continues to provide space for ISIS cells to operate quietly, recruit and exploit overstretched local forces.

Analysts note that Syria’s security environment remains shaped by former jihadist networks that were never fully demobilized after the war. The country’s transitional leadership, including President Ahmed al-Sharaa, emerged from armed Islamist factions that relied heavily on foreign fighters and militias, according to regional security assessments. While those groups are not synonymous with ISIS, experts say the incomplete dismantling of extremist networks has left gaps that ISIS cells continue to exploit.

‘ISIS today doesn’t need a caliphate to be dangerous,’ Bill Roggio told Fox News Digital. ‘We’ve always been quick to declare terrorist organizations defeated and insignificant, and that couldn’t be further from the truth.’

Roggio said the group has adapted rather than disappeared, shifting away from holding territory toward smaller, more covert cells capable of carrying out lethal attacks. He pointed to ongoing ISIS activity not only in Syria and Iraq, but also in Afghanistan and other regions, citing United Nations reporting that estimates roughly 2,000 ISIS fighters remain active in Afghanistan alone.

‘That’s not what a defeated group looks like,’ Roggio said, noting that ISIS continues to recruit, indoctrinate and inspire attacks even without the visibility it once had.

One of the most sensitive vulnerabilities remains the network of detention facilities in northeastern Syria holding thousands of ISIS terrorists and supporters. Those prisons are guarded primarily by Kurdish-led forces backed by a small U.S. military presence, estimated at roughly 1,000 troops, according to Reuters.

U.S. and coalition officials have repeatedly warned that any major disruption to prison security could allow hardened ISIS operatives to escape and reconstitute networks across Syria and beyond. Kurdish officials have also raised concerns about funding shortages, manpower strain and pressure from rival militias operating nearby.

While U.S. officials have not publicly linked the recent strikes to prison-related threats, analysts say the broader environment of fragmented control increases the risk of coordinated attacks, insider assistance or prison unrest.

The danger is not theoretical. ISIS has previously staged mass prison break operations in Syria and Iraq, including a 2022 assault on the al-Sinaa prison in Hasakah that required days of fighting to contain.

The U.S. strikes also come amid continued instability inside Syria, where multiple armed actors operate with overlapping authority. Analysts note that clashes among militias, sectarian violence and unresolved command structures have weakened overall security and diverted attention from counterterrorism efforts.

Bombings in neighborhoods of Damascus, including Mezzeh, and unrest in minority areas have further illustrated the gaps ISIS and other extremist groups can exploit, according to regional security assessments and open-source reporting.

‘Syria’s chaos is the accelerant,’ Roggio said. ‘ISIS thrives where no one is fully in charge.’

U.S. officials and analysts stress that ISIS activity in Syria is part of a wider pattern rather than an isolated flare-up.

Sources in the Israeli Mossad told Fox News Digital of continued ISIS-linked activity across multiple theaters, including recruitment networks and small-scale attacks designed to test security responses and maintain operational relevance.

In Turkey, security forces recently clashed with Islamic State militants during counterterrorism operations, wounding several officers, according to Reuters on Monday. Turkish authorities said the raids targeted ISIS cells suspected of planning attacks inside the country.

‘These are signals, not spikes,’ Roggio said. ‘ISIS operates across regions, adapting to pressure and exploiting weak governance wherever it finds it.’

The renewed U.S. military action raises difficult questions for policymakers about how long the current containment strategy can hold.

While U.S. officials say the Dec. 19 strikes delivered a significant blow to ISIS infrastructure, they have also acknowledged that counterterrorism operations alone cannot eliminate the underlying conditions that allow the group to persist.

‘Just because we want to declare the war against terror over doesn’t mean it’s over,’ Roggio said. ‘The enemy gets a vote.’

This post appeared first on FOX NEWS

This year brought us Trump the Sequel and that meant the left had extra motivation to be annoying. Their hatred of President Donald Trump, conservatives and even the late Charlie Kirk defined 2025.

Still, there were some who outdid everyone else in their quest to be, drumroll, please, the Most Annoying Person of 2025. I ignored people who made news saying just one idiotic comment or who are just obscure media personalities. (Like Matthew Dowd who lost his bogus MSNBC job for his comments bashing Turning Point USA founder Charlie Kirk for ‘hate speech’ after Kirk had been murdered.)

1. He was funny 20 years ago

No one deserves the top spot on this list more than ‘Jimmy Kimmel Live!’ host Jimmy Kimmel. Most late-night programs have faded from view as their hosts have turned them into orgies of Trump-bashing. But Kimmel excels at hating conservatives so much that he almost qualifies to be a male cast member of ‘The View.’ (Yep, they’re here, too.)

Kimmel gained more attention for saying vile things and fighting Trump than for anything funny.

Former ‘Late Show’ host David Letterman termed Kimmel, ‘the leader of the resistance,’ and Kimmel later cried millionaire tears because he had a ‘hard year.’ He earned a temporary suspension with one of the worst comments about the Kirk assassination, saying, ‘We hit some new lows over the weekend, with the MAGA gang desperately trying to characterize this kid who murdered Charlie Kirk as anything other than one of them and everything they can to score political points from it.’ He was wrong, of course, but we are used to that. Trump later said, ‘Jimmy Kimmel was horrible,’ and who am I to disagree with my president?

2. You knew they’d make the list

If the annoying people of Earth have a home base, it’s not some secluded island fortress, it’s ABC’s ‘The View.’ The gaggle of hosts — from leftist moderator Whoopi Goldberg to crackpot Joy Behar to pretend conservative Alyssa Farah Griffin — is a reminder that quantity is not quality. 

This year, they pretended radical Islamic Iran wasn’t worse than the U.S. (Goldberg); claimed using the National Guard to stop crime was ‘a pretext to stop the next election!’ (Behar); and compared the election of Trump to … Hitler. (Behar: ‘The Germans voted also. Just saying.’)

The show has become such an embarrassment that the TV show ‘Landman’ mocked it for being a, ‘bunch of pissed off millionaires bitching about how much they hate millionaires, Trump, and men, and you, and me, and everybody else they got a bee up their ass about.’ ‘The View’ has gone from mindless propaganda to a punchline.

3. The first of the pod people

If you’re lucky, you’ve never heard of podcaster Jennifer Welch. Just imagine a ghoul-like figure from your deepest nightmares, then give her blonde hair and a microphone.

She’s one of the two co-hosts for the ‘I’ve Had It’ podcast, and it’s well-named. She and her co-host first appeared in the Bravo series ‘Sweet Home Oklahoma,’ which no one ever heard of. But now, the press loves her because she says hateful things about conservatives. 

CNN’s profile of Welch quotes her calling Trump a, ‘fat, fascist f— who’s ruining everything for everybody.’ The New York Times notes, ‘‘Patriots, gaytriots, theytriots, Blacktriots and browntriots,’ is how Ms. Welch greets the listeners of their primary podcast.’ She left out morontriots who must make up the bulk of her audience.

Welch made news calling Kirk’s widow Erika a ‘grifter’ and TPUSA said that comment was, ‘beneath contempt.’ 

I’m sure Welch will say worse in 2026 because the media reward her bile with support. CNN said she and her co-host are, ‘two women who love their country and aren’t afraid to name and shame people.’ 

See what I mean?

4. More pod-ish people 

Podcaster antisemite Nick Fuentes and Twitch antisemite Hasan Piker showed the world that the worst users of social media have one thing in common — hatred. Both of them have dominated the social world and been everywhere in the media as civilized society reacts in horror. 

Fuentes calls himself an admirer of communist Soviet dictator Joseph Stalin and says Nazi dictator Adolph Hitler was ‘really f—ing cool.’ Pretty much on brand.

Piker, when he’s not being accused of giving his dog electric shocks, spends his time saying offensive things, like, ‘America deserved 9/11.’ He later walked it back because of the backlash, but he still has millions of followers on multiple platforms. 

Fox News did an analysis of what he says, and it’s so vile, I don’t want to repeat it. He’s all across major media. The Times called him, ‘A Progressive Mind in a Body Made for the ‘Manosphere.’’ 

The press is desperate to recreate their own Joe Rogan and this is the best they’ve got.

5. Spacey

Singer Katy Perry had not one, but two spacey experiences in 2025. First, she sort-of went into space on a Jeff Bezos rocket. The owner of Amazon and the Washington Post sent his then-fiancée Lauren Sanchez, and five other famous women, into near-space. 

Perry is in the cool kids’ club, so she got to go. The singer actually vowed to ‘put the ‘a–’ in astronaut’ and made a fool of herself when she landed, kneeling and kissing the ground because of an 11-minute rocket trip. She was quoted declaring, ‘I feel super connected to love.’ 

That must have been true. She is now dating her own space cadet, former lefty Canadian Prime Minister Justin Trudeau.

6. Friday the 13th

Cynthia Erivo is 2025’s it gal. She’s everywhere and impossible not to see. As NBC put it, she’s ‘Proudly Bald and Has No Eyebrows.’ Throw in nails like Freddy Krueger and the bisexual star is everything the media want in a celebrity — weird and alternative. 

She’s the star of the two ‘Wicked’ movies and even played Jesus in the Hollywood Bowl (naturally) version of the musical ‘Jesus Christ Superstar.’ 

Erivo revels in her unusual look, even shaving her own eyebrows, ‘Whenever I’m talking to my makeup artist, I tell her that I just want to look like a pretty thumb.’ 

Yeah, I can’t top that.

7. It ain’t over till it’s over

The 2024 Democratic election debate wasn’t enough for Vice President Kamala Harris. Harris recently declared, ‘I am not done. I have lived my entire career a life of service, and it’s in my bones.’ Harris released her book, ‘107 Days’ and managed to annoy Democrats and Republicans about equally with her alleged recollection of events. 

At least former President Richard Nixon was nice enough to tell us, ‘You won’t have Nixon to kick around anymore.’ 

Harris will make us endure more garbled responses before she goes gently into that good night of her career.

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Lawmakers fought over Obamacare subsidies tooth and nail for the latter part of the year, and ultimately, neither side won.

Senate Democrats thrust the government into the longest shutdown in history in an effort to refocus the narrative in Congress on healthcare, and Republicans agreed to talk about it in the open. And both Republicans and Democrats got a shot to advance their own, partisan plans. Both failed.

Now, the subsidies are set to expire on Wednesday, sending price hikes across the desks of tens of millions of Americans that relied on the credits. 

When lawmakers return on the first week of January, healthcare will be front of mind for many in the Senate. But any push to either revive, or completely replace, the subsidies may, for a time, take a backseat to the government funding fight brewing ahead of the Jan. 30 deadline.

When asked if he was disappointed that lawmakers were unable to, at least in the short term, solve the subsidies issue, Sen. Josh Hawley, R-Mo., was more concerned about people that would experience higher costs. 

‘I think who it’s most disappointing for are the people whose premiums are going to go up by two, three times,’ Hawley said. ‘So, it’s not good.’

Price hikes on premium costs will be variable for the roughly 20 million Americans that rely on them, depending on age, income and other factors. Broadly, a person’s out-of-pocket cost is expected to double with the credit’s lapse, according to the Kaiser Family Foundation.

The nonpartisan healthcare think tank painted a broader picture of the disparate impact on premium cost increases in a report released late last month that, based on myriad factors, including where a person lives, their age range and where they sit above the poverty line, some could see price hikes as high as 361%.

While Senate Republicans’ and Democrats’ separate plans failed to advance — despite four Republicans crossing the aisle to support Senate Minority Leader Chuck Schumer’s, D-N.Y., plan — lawmakers are working together for a solution.

There are two plans with traction in the House. The GOP’s plan advanced on the floor earlier this month but doesn’t address the issue of the expiring tax credits. Then there is a bipartisan plan that calls for a three-year extension of the subsidies, similar to Senate Democrats’ plan, that is teed up for a vote.

The latter option, and its bipartisan momentum, has some Democrats hopeful that a three-year extension could get a shot in the upper chamber.

‘I’ll also say that the glimmer of hope is if we’re searching for a bipartisan deal that can pass the Congress, we don’t need to search any further than the three-year extension of the subsidies that’s going to pass the House of Representatives,’ Sen. Brian Schatz, D-Hawaii, told Fox News Digital. ‘We don’t need a negotiation any further. That bill can pass, if it can provide relief to the taxpayers, and it can pass, then that’s our vehicle.’

Senate Majority Leader John Thune, R-S.D., however, has maintained a deeply-rooted position against just a simple extension of the credits.

He argued that a straight-up extension for three years would be ‘a waste of $83 billion,’ and lacks any of the reforms that Republicans desire, like reinstalling an income cap, adding anti-fraud measures, and reaffirming language that would prevent taxpayer dollars from funding abortions.

‘I mean, I think if nothing else, depending on if the House sends something over here, there would be a new vehicle available,’ Thune said. ‘And if there is some bipartisan agreement on a plan, then you know, it’s possible that we could — obviously it’d have to be something that we think the House could pass, and the president would sign.’

‘But I’m not ruling anything out, I guess is what I’m saying,’ he continued. ‘But you know, a three-year extension of a failed program that’s rife with fraud, waste and abuse is not happening.’

Senate Democrats are open to negotiating on a bipartisan plan, something that is already ongoing after Sens. Susan Collins, R-Maine, and Bernie Moreno, R-Ohio, held a meeting with lawmakers before leaving Washington, D.C., earlier this month.

But Democrats are also making clear that they don’t want to budge on some of the Republicans’ demands.

‘Let’s put it this way, Republicans are asking to meet with me, and I’m telling them, I’ll listen, you know, I made it clear what I think is the only practical approach, and I’m certainly not going to go along with selling junk insurance,’ Sen. Ron Wyden, D-Ore., said.

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Two West African nations have issued a simultaneous ban on American citizens in a diplomatic tit-for-tat move, amidst heightened tensions with both the United States and Europe, and as Russia seeks to increase its economic and geopolitical influence in the region.

Mali and Burkina Faso made the move in response to the Trump administration’s Dec. 16 expansion of travel restrictions to more than 20 countries. The policy particularly affected the African continent, with Chad, Equatorial Guinea, Eritrea, Libya, Niger, Republic of the Congo, Sierra Leone, Somalia, South Sudan and Sudan also being subject to travel restrictions.

The Trump administration cited the persistence of armed attacks in both nations as part of the rationale for its decision:

‘According to the Department of State, terrorist organizations continue to plan and conduct terrorist activities throughout Burkina Faso. According to the Fiscal Year 2024, Department of Homeland Security (DHS) Entry/Exit Overstay Report (‘Overstay Report’), Burkina Faso had a B-1/B-2 visa overstay rate of 9.16 percent and a student (F), vocational (M), and exchange visitor (J) visa overstay rate of 22.95 percent. Additionally, Burkina Faso has historically refused to accept back its removable nationals.’

Regarding its decision to include Mali on the list, it stated:

‘According to the Department of State, armed conflict between the Malian government and armed groups is common throughout the country.  Terrorist organizations operate freely in certain areas of Mali.’

Burkina Faso and Mali are both currently ruled by military juntas that came to power amidst rising violence and instability, as both nations came under attack from Islamist terrorist groups.

Both nations have also seen a rise in anti-French sentiment, in conjunction with deepening relationships with Russia, which has pledged to offer assistance in fighting back the Islamist rebels battling the central governments for territorial control.

‘In accordance with the principle of reciprocity, the Ministry of Foreign Affairs and International Cooperation informs the national and international community that, with immediate effect, the Government of the Republic of Mali will apply the same conditions and requirements to US nationals as those imposed on Malian citizens,’ the Malian Ministry of Foreign Affairs stated.

Burkina Faso’s government cited a similar rationale for issuing its ban on American travelers.

Both nations, as well as neighboring Niger and Nigeria, have seen skyrocketing violence in recent years, as chronically underfunded governments struggle to retain control of rural, sparsely-populated desert regions.

The Associated Press contributed to this report.

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LONDON, UNITED KINGDOM / ACCESS Newswire / December 30, 2025 / Empire Metals Limited (AIM:EEE)(OTCQX:EPMLF), the AIM-quoted and OTCQX-traded exploration and development company, is pleased to announce that it has entered into a conditional sale and purchase agreement for its 75% interest in the Eclipse Mining Lease (‘Eclipse ML’ or the ‘Project’), a non-core gold asset located near Kalgoorlie, Western Australia.

The agreement includes a three-month exclusivity and due diligence period, during which the proposed purchaser will complete technical and commercial due diligence on the Project.

Highlights

  • Conditional sale of Empire’s 75% interest in the Eclipse ML, a non-core gold asset

  • Purchaser is a reputable Western Australian mining services company operating in the Kalgoorlie region

  • Total consideration of A$750,000 cash for Empire’s interest, subject to successful completion of due diligence

  • Transaction supports Empire’s strategy to focus capital and resources on the Pitfield Titanium Project

Shaun Bunn, Managing Director, said: ‘This conditional sale represents a further step in our strategy to streamline the portfolio and focus management attention and capital on advancing the Pitfield Project. Eclipse is a non-core asset for Empire, and this transaction provides an opportunity to unlock value while reducing ongoing holding and resourcing costs. We look forward to progressing the due diligence phase with the purchaser.’

The Eclipse ML Project

The Eclipse ML is a small granted mining lease located near Kalgoorlie, Western Australia, which has historically been subject to gold exploration. As part of its broader portfolio rationalization strategy, Empire has been actively reviewing options to reduce exposure to non-core assets and is pleased to have entered into an exclusivity arrangement with the purchaser in respect of its interest in the Project.

Sale Terms

Key terms of the conditional sale agreement include:

  • The sale relates to Empire’s 75% interest in mining lease M27/153 (Eclipse ML)

  • The agreement includes a three-month exclusivity and due diligence period

  • During the exclusivity period, the purchaser may conduct a small RC drilling programme as part of its due diligence

  • Total consideration of A$750,000 for Empire’s 75% interest, comprising:

    • A$50,000 non-refundable cash deposit, payable within five days of execution of the agreement; and

    • A$700,000 cash payable on completion, following successful due diligence

Next Steps

The anticipated next steps are as follows:

  • The due diligence period last three months, to be conducted by the Purchaser.

  • A Program of Works has been submitted to the Department of Mines, Petroleum and Exploration (DMPE) to support a small drill campaign, to be funded by the Purchaser

  • Subject to a successful due diligence period, settlement is expected to occur in early April.

  • Empire continues to review options for other non-core assets, consistent with its strategy to accelerate development activities at the Pitfield Project.

**ENDS**

For further information please visit www.empiremetals.co.uk or contact:

Empire Metals Ltd
Shaun Bunn / Greg Kuenzel / Arabella Burwell

Tel: 020 4583 1440

S. P. Angel Corporate Finance LLP (Nomad & Joint Broker)
Ewan Leggat / Adam Cowl

Tel: 020 3470 0470

Canaccord Genuity Limited (Joint Broker)
James Asensio / Christian Calabrese / Charlie Hammond

Tel: 020 7523 8000

Shard Capital Partners LLP (Joint Broker)
Damon Heath

Tel: 020 7186 9950

Tavistock (Financial PR)
Emily Moss / Josephine Clerkin

empiremetals@tavistock.co.uk
Tel: 020 7920 3150

About Empire Metals Limited

Empire Metals Ltd (AIM:EEE)(OTCQX:EPMLF) is an exploration and resource development company focused on the commercialization of the Pitfield Titanium Project, located in Western Australia. The titanium discovery at Pitfield is of unprecedented scale and hosts one of the largest and highest-grade titanium resources reported globally, with a Mineral Resource Estimate (MRE) totalling 2.2 billion tonnes grading 5.1% TiO₂ for 113 million tonnes of contained TiO₂.

Titanium mineralisation at Pitfield occurs from surface and displays exceptional grade continuity along strike and down dip. The MRE extends across just 20% of the known mineralised footprint, providing substantial potential for further resource expansion.

Conventional processing has already produced a high-purity product grading 99.25% TiO₂, suitable for titanium sponge metal or pigment feedstock. With excellent logistics and established infrastructure, Pitfield is strategically positioned to supply the growing global demand for titanium and other critical minerals.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

SOURCE: Empire Metals Limited

View the original press release on ACCESS Newswire

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Sociedad Quimica y Minera (SQM) (NYSE:SQM) and Codelco have finalized their long-awaited partnership, forming a new joint venture that will oversee lithium production in Chile’s Salar de Atacama through 2060.

SQM announced on Saturday (December 27) that it has completed its strategic partnership with state-owned miner Codelco through the merger by absorption of Codelco subsidiary Minera Tarar into SQM Salar.

Following the transaction, SQM Salar has been renamed Nova Andino Litio, the new vehicle that will consolidate lithium exploration, production, commercialization and related community and environmental initiatives in the Atacama.

The merger was carried out under the terms of a partnership agreement that was signed in May 2024.

While the transaction has been completed, it remains subject to a resolutory condition tied to a pending Supreme Court decision on an appeal filed by Inversiones TLC. The appeal challenges regulatory approvals granted earlier this year, and Inversiones TLC is a subsidiary of China’s Tianqi Lithium (SZSE:002466,HKEX:9696,OTC Pink:TQLCF).

The appeal comes after a November ruling by the Santiago Court of Appeals that rejected a claim of illegality against an exemption resolution issued by Chile’s Financial Market Commission.

Despite the unresolved litigation, the economic framework of the partnership has already taken effect. SQM confirmed that the preferences and economic rights attached to the Series A shares held by Codelco and the Series B shares held by SQM became effective on January 1, 2025, including the dividend distribution methodology set out in the agreement.

SQM and Nova Andino Litio are currently determining dividend allocations and other accounting effects, which will be reflected in their respective 2025 financial statements.

The new company preserves contractual continuity with Chilean development agency Corfo, both under existing agreements and those that will govern operations from 2031 onward.

SQM Chief Executive Ricardo Ramos also said the joint venture provides long-term stability for lithium operations in Atacama, while raising operational and sustainability standards.

“This joint venture allows us to project the development of the Atacama Salt Flat and continue advancing with standards of operational excellence, sustainability and shared value creation, combining complementary capabilities for the benefit of Chile and global markets,” Ramos said in a press release issued by Codelco.

As part of the agreement, SQM has also transferred all of its mining concessions in the Maricunga salt flat to Codelco.

Nova Andino Litio’s board will be evenly split between the partners, with three representatives from each company. Its first board meeting is scheduled for Monday (December 29).

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

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LaFleur Minerals Inc. (CSE: LFLR,OTC:LFLRF) (FSE: 3WK0) (‘LaFleur Minerals’ or the ‘Company’ or ‘Issuer’) announces that, due to additional demand to participate in the LIFE Offering, the Company announces a non-brokered hard dollar private placement offering of up to 2,000,000 units of the Company (the ‘Units’) at a price of $0.50 per Unit, for gross proceeds of up to $1,000,000 (the ‘Hard Dollar Offering’). Each Unit will consist of one (1) common share in the capital of the Company (each a ‘Common Share’) and one (1) Common Share purchase warrant (a ‘Warrant’) granting the holder the right to purchase one (1) additional Common Share of the Company (a ‘Warrant Share’) at a price of $0.75 at any time on or before 36 months from the Closing Date (defined below).

The closing of the Hard Dollar Offering is expected to occur on or about January 5, 2026 (the ‘Closing Date‘), or such other earlier or later date as the Company may determine. The securities offered under the Hard Dollar Offering will be subject to a statutory hold period in Canada expiring four (4) months and one day from the closing of the Offering, in accordance with applicable Canadian securities laws.

The gross proceeds from the Hard Dollar Offering will be used for the commissioning and restart of gold production operations at the Company’s wholly-owned Beacon Gold Mine and Mill, as well as work at the Company’s Swanson Gold Project in Val d’Or, Québec, as well as for general working capital purposes.

The Company has agreed to pay qualified finders and brokers a cash commission of 7.0% of the aggregate gross proceeds of the Hard Dollar Offering and such number of broker warrants (the ‘Broker Warrants‘) as is equal to 7.0% of the number of Units sold under the Hard Dollar Offering. Each Broker Warrant will entitle the holder to purchase one Common Share at an exercise price equal to the Offering Price for a period of 24 months following the Closing Date.

The Company continues to progress in the closing of its previously announced non-brokered private placement LIFE Offering and Flow-Through Offering further to its news releases dated December 15, 2025, and December 16, 2025.

This news release is not an offer to sell or the solicitation of an offer to buy the securities in the United States or in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to qualification or registration under the securities laws of such jurisdiction. The securities referred to in this news release have not been, nor will they be, registered under the United States Securities Act of 1933, as amended (the ‘U.S. Securities Act’), and such securities may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent an exemption from registration under the U.S. Securities Act and applicable U.S. state securities laws. ‘United States’ and ‘U.S. person’ are as defined in Regulation S under the U.S Securities Act.

About LaFleur Minerals Inc.

LaFleur Minerals Inc. (CSE: LFLR,OTC:LFLRF) (FSE: 3WK0) is focused on the development of district-scale gold projects in the Abitibi Gold Belt near Val-d’Or, Québec. Our mission is to advance mining projects with a laser focus on our resource-stage Swanson Gold Deposit and the Beacon Gold Mill, which have significant potential to deliver long-term value. The Swanson Gold Project is approximately 18,304 hectares (183 km2) in size and includes several prospects rich in gold and critical metals previously held by Monarch Mining, Abcourt Mines, and Globex Mining. LaFleur has recently consolidated a large land package along a major structural break that hosts the Swanson, Bartec, and Jolin gold deposits and several other showings which make up the Swanson Gold Project. The Swanson Gold Project is easily accessible by road allowing direct access to several nearby gold mills, further enhancing its development potential. Lafleur Mineral’s fully refurbished and permitted Beacon Gold Mill is capable of processing over 750 tonnes per day and is being considered for processing mineralized material at Swanson and for custom milling operations for other nearby gold projects.

ON BEHALF OF LaFleur Minerals INC.

Paul Ténière, M.Sc., P.Geo.
Chief Executive Officer
E: info@lafleurminerals.com
LaFleur Minerals Inc.
1500-1055 West Georgia Street
Vancouver, BC V6E 4N7

Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this news release.

Cautionary Statement Regarding ‘Forward-Looking’ Information

This news release includes certain statements that may be deemed ‘forward-looking statements’. All statements in this new release, other than statements of historical facts, that address events or developments that the Company expects to occur, are 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 in this news release include, without limitation, statements related to the anticipated use of proceeds from the LIFE Offering. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include market prices, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/279190

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Silver’s 2025 breakout marked one of the metal’s most decisive shifts in more than a decade.

As the price pushed through longstanding resistance, investors, miners and policymakers reassessed its role in global markets, allowing silver to reassert itself as not only an industrial metal, but also a staple financial asset.

Looking back at silver’s record-breaking year, these are our most popular news stories of 2025.

1. Retail Investors Look to Trigger Silver Squeeze 2.0

Publish date: March 31, 2025

Silver received mainstream attention in March, with renewed calls for what supporters dubbed “Silver Squeeze 2.0,” reviving a theme that first gained prominence during the meme stock era of 2021.

Online chatter intensified ahead of March 31, with advocates urging coordinated purchases of physical silver to challenge what they saw as entrenched institutional control over the metal’s pricing.

Efforts traced back to a March 22 post on X by user @TheSqueakyMouse, which gained broader attention after being amplified by sector analyst Jesse Colombo. Colombo, who posts under the handle @TheBubbleBubble, has argued that the silver price is artificially suppressed by large financial institutions:

“Bullion banks like JPMorgan Chase (NYSE:JPM) and UBS Group (NYSE:UBS) suppress silver prices through aggressive naked shorting—but a coordinated surge of physical buying could catch them off guard and break their hold on the market.’

Colombo pointed to data showing that major banks hold net short positions equivalent to roughly 223 million ounces of silver, meaning a US$1 price increase could theoretically translate into US$223 million in losses for those positions.

2. Missouri Set to Recognize Gold and Silver as Legal Tender, Critics Raise Implementation Concerns

Publish date: May 12, 2025

Attention on precious metals took a more concrete form in Missouri. In May, the state’s General Assembly passed a Republican-backed amendment to a broader finance bill that recognizes gold and silver as legal tender.

The measure would require state entities to accept electronic forms of gold and silver for public debts, including taxes. Private businesses would not be required to accept precious metals, but could do so voluntarily.

Supporters argued that recognizing gold and silver offers a hedge against inflation and what they view as irresponsible federal monetary policy. Critics, however, questioned how the system would work in practice.

3. Silver Miners Deliver Record Q2 Earnings as Price Breaks Out

Publish date: August 19, 2025

Silver’s mid-year rally above US$35 per ounce translated into record or near-record earnings for many miners in Q2.

Pan American Silver (TSX:PAAS) reported record net earnings of US$189.6 million in the period, while First Majestic Silver (TSX:AG,NYSE:AG) posted its strongest quarter to date, nearly doubling revenue year-on-year.

Even mining companies facing production challenges, such as Fresnillo (LSE:FRES,OTC Pink:FNLPF), saw revenue growth driven by gold output and pricing strength.

4. Missing Silver Bars Bring Mining Community Together

Publish date: March 7, 2025

Amid those financial milestones, the mining community was united in March by a widely shared incident.

Following the Prospectors & Developers Association of Canada convention, two 10 ounce silver bars purchased by Kin Communications founder Arlen Hansen went missing after being checked in his luggage on an Air Canada flight.

The bars, worth about US$647, were intended for a silent auction benefiting Canadian children living with diabetes.

“I don’t need a refund, a free upgrade, or more points, this was stolen from the children who need it, not me,” Hansen wrote on X. The response from the mining community was swift. First Majestic Silver and its mint division volunteered to replace the lost silver, while others donated to Diabetes Canada and expressed support.

The incident also revived scrutiny of airline cargo security, particularly given Air Canada’s association with earlier high-profile precious metals thefts, including the 2023 gold heist at Toronto Pearson International Airport.

5. Pan American Silver Gets Green Light for US$2.1 Billion MAG Silver Deal

Publish date: August 25, 2025

One of this year’s most consequential silver M&A developments came when Pan American received final clearance from Mexico’s Federal Economic Competition Commission for its US$2.1 billion acquisition of MAG Silver.

The approval paved the way for the deal to close in early September, combining Pan American with one of the world’s highest-grade primary silver assets, Juanicipio.

Under the terms, MAG shareholders were to receive either cash or Pan American shares, leaving them with about 14 percent of the combined company on a fully diluted basis.

“This strategic acquisition further solidifies Pan American as a leading Americas-focused silver producer,” Pan American CEO Michael Steinmann said when the deal was announced.

He added that Juanicipio “will meaningfully increase Pan American’s exposure to high margin silver ounces,” while also providing longer-term growth through MAG’s exploration properties in Utah and Ontario.

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

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