Carbonxt Group (CG1:AU) has announced Convertible Note and Placement
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Corazon Mining (CZN:AU) has announced Completes Two Pools Gold acquisition
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Senate Democrats wanted an equal say in crafting spending bills before the shutdown and are about to get a chance to do so, but they’re unlikely to support Republicans’ latest effort to jump-start the government funding process.
The Senate on Thursday is set to move through a procedural hurdle on the annual defense spending bill, which, among other things, would ensure that military service members would get their paychecks.
Senate Majority Leader John Thune, R-S.D., teed up the bill earlier this week as the shutdown raged on to pressure Senate Democrats to make good on their desire to fund the government in a bipartisan manner, and in the hopes of getting the appropriations process moving again.
‘We can actually get the appropriations process going forward,’ Thune said. ‘So that’s in the works.’
And in the Senate, given the 60-vote filibuster threshold, spending bills are prime examples of the many pieces of legislation that have to be bipartisan to pass. But Senate Democrats seemed unwilling to go all in on supporting the defense bill, and like the Republicans’ plan to reopen the government, appear ready to block Thune’s effort.
They want to know exactly what Republicans plan to put on the floor later on, despite the vote on Thursday afternoon being designed to give lawmakers the chance to move forward with at least one of several spending bills that must be passed to fund the government.
‘We have to see what they’re going to put on the floor,’ Senate Minority Leader Chuck Schumer, D-N.Y., said. ‘They haven’t told us yet.’
Republicans are also eyeing at least three other spending bills to attach to the defense appropriations bill, including legislation that would fund the departments of Labor, Commerce, Transportation, Health and Human Services, and Housing and Urban Development.
Sen. Mike Rounds, R-S.D., is a member of the Senate Appropriations Committee and appears ready for the reality that Democrats would block the defense bill and broader spending package.
‘You have to start with the defense, and then you can add the other ones to it, but once again, it takes agreement by our Dem colleagues that want to move that forward,’ he said. ‘I’m not sure that we’ve got the votes to do that yet.’
There is a trust deficit between Senate Democrats and Republicans from earlier this year when the GOP passed President Donald Trump’s request to claw back billions in funding for foreign aid and NPR and PBS, in addition to continued actions by Office of Management and Budget Director Russ Vought to withhold or cancel funding for Democratic priorities.
Sen. Sheldon Whitehouse, D-R.I., told Fox News Digital after Senate Democrats met behind closed doors on Wednesday that there had been no indication from Republicans there would be ‘bipartisan cooperation or any willingness to put any guardrails around what they plan to do.’
‘I think the stage we’re at is that we’ve been shown nothing,’ he said. ‘So there’s no reason to vote for it yet.’
‘I think what was needed is a larger agreement about how the appropriations process is moving forward, so it’s clear that our priorities are respected,’ he continued.
However, pairing the defense bill could grease the wheels for some in the Democratic caucus.
‘No, not unless it’s paired with [the Labor and HHS bill],’ Sen. Angus King, I-Maine, said.
Thune’s move to reignite the appropriations process, an exercise that played out in the Senate in early August when lawmakers advanced a trio of funding bills ahead of the shutdown deadline, is part of Republicans’ broader desire to fund the government the old-fashioned way, rather than through a colossal omnibus spending package.
It’s an exercise, however, that hasn’t been fully completed since the 1990s.
Sen. Eric Schmitt, R-Mo., noted to Fox News Digital that a major part of selecting a new leader for the Senate GOP was returning to what’s known as regular order, or passing spending to fund the government.
He argued that when Schumer ran the Senate as majority leader, the upper chamber was often resigned to passing ‘these omnibus bills that were developed in the, you know, middle of the night with four people.’
‘We’re not interested in that. So we want to get bills on the floor, and they’ve got to move in a bipartisan way, right? So I think this is something that I would hope Democrats would support, too,’ he said. ‘But if their mentality is at this point, you know, just oppose everything Republicans want to do, it’s pathological, and I don’t have any advice for them except seek help.’
Republicans are still trying to reopen the government and plan to put the House-passed continuing resolution (CR) on the floor again Thursday for a 10th time. And just like many times before, it is expected to fail.
When asked if he believed that the shutdown could transform into lawmakers passing spending bills one-by-one to reopen the government, Thune said, ‘I certainly hope not.’
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Kennedy Center President and Ambassador Richard Grenell slammed former President Joe Biden for avoiding Russian President Vladimir Putin as war raged between Russia and Ukraine, while praising President Donald Trump’s ‘common sense’ foreign policies.
‘You have a president who is really watching the situation, unlike the last president, Joe Biden, who literally didn’t talk to Vladimir Putin for three and a half years,’ he said. ‘President Trump doesn’t believe in that strategy. He wants to confront the issues. He wants to figure out ways to fix them.’
Trump plans to speak with Russian President Vladimir Putin Thursday — just hours after Russian missiles and drones attacked Ukrainian cities. Ukrainian President Volodymyr Zelenskyy already had been scheduled to head to Washington to meet with Trump Friday, to discuss the war and strengthening his country’s defenses.
Trump vowed from the campaign trail that he would facilitate negotiations for a peace deal to end the war between Russia and Ukraine, which has raged since 2022, but ongoing talks have yet to yield an agreement.
In addition to Russia and Ukraine, Trump also has been active in efforts to bring peace to the Middle East. Trump secured a historic peace declaration as of Monday, when he traveled to Israel and Egypt to meet with foreign leaders stretching from the Middle East to Europe.
Grenell discussed Trump’s strategy for international conflicts during his second term in office while attending ‘The Sound of Music’ at the Kennedy Center in Washington, D.C.
‘Well, first of all, I’ve worked with President Trump for a long time, and the one thing about President Trump is that he’s filled with common sense, and he evaluates his decisions constantly,’ Grenell told Fox News Digital.
Grenell said Trump can make America stronger on the world stage with his ability and willingness to adapt to different international conflicts.
‘You see him adjust the policy,’ he said. ‘Something isn’t working, he’s not afraid to replace somebody or change the policy.’
Grenell described Trump as an ‘active president’ who is ready to make moves and advance U.S. interests.
‘I think that what we’re seeing on the global stage is someone who is an activist president, watching the situation, adjusting the policy so that it’s making America stronger, more prosperous, and solving problems around the world,’ Grenell said.
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Senate Democrats for a 10th time blocked Republicans’ attempts to reopen the government and have ensured that the shutdown goes into next week.
That’s because after one final vote series later on Thursday, lawmakers will leave Washington, D.C., for another long weekend after just three short days on the Hill.
Neither Republicans nor Democrats are ready to flinch in their deeply entrenched positions, and talks between both sides, though largely informal exercises, have begun to fade.
Senate Majority Leader John Thune, R-S.D., is determined to continue on the same course of action to keep bringing the House-passed continuing resolution (CR), which would reopen the government until Nov. 21, up for a vote again and again.
Though some in the GOP are mulling a new end date for the CR, that would require the House, which has been out of session for nearly a month, to come back and pass a new one.
While Thune and Republicans are adamant that their plan is the only pathway to ending the shutdown, now on Day 16, Senate Minority Leader Chuck Schumer, D-N.Y., and the Senate Democratic caucus still want to hammer out a deal on expiring Obamacare subsidies — and they want President Donald Trump to get directly involved in negotiations.
‘We’re willing to have, as I said, conversations about all the other issues that they want to talk about,’ Thune said. ‘But that can’t happen while they are holding the federal government and all these federal employees and our troops and our air traffic controllers and our TSA agents and our border Patrol officials hostage. Open up the government.’
‘Every day that this goes on, the problems are compounded for federal workers and for ordinary Americans,’ he continued. ‘Chuck Schumer may think that every day gets better for them politically, but I can tell you that is not the experience of the American people.’
When asked if he would compromise on the Democrats’ demands as the shutdown dragged on, Schumer dodged and countered that he wouldn’t negotiate in the public eye.
‘The bottom line is [Republicans] won’t even negotiate with us,’ Schumer said. ‘So that’s a premature question. But of course, I’m not going to negotiate in public. We need to address the crisis that is afflicted, and that’s the right word, the American people.’
However, Sen. Markwayne Mullin, R-Okla., said that Republicans weren’t working on a subsidy proposal to show Democrats, and he noted that talks between the parties were ‘not really’ happening anymore.
When asked if it was possible to get an extension of the credits before the Nov. 1 open enrollment date, he said, ‘I don’t think there’s a way to do that.’
‘And I think if you don’t have it done by Christmas, it becomes a political issue,’ Mullin said. ‘But you could maybe push it to January, to February, if you wanted to, but we get bumped up against, you know, everybody’s primaries, from the Democrat primaries and Republican primaries, and it becomes a political issue, because, unfortunately, healthcare is political.’
Republicans are also trying to reignite the appropriations process in the Senate as the shutdown continues on. Thune teed up a procedural vote later Thursday on the Senate’s defense spending bill, which, among other things, would fund paychecks for the military.
Whether Democrats support the spending bill after spending months demanding a bipartisan government funding process remains an open question — many argued after their closed-door meeting on Wednesday that they didn’t know exactly what Republicans were going to put on the floor and considered a vote on it moot.
As with most of the past 10 attempts to send the House-passed CR to Trump’s desk, the same trio of Democratic caucus members, Sens. John Fetterman, D-Pa., Catherine Cortez Masto, D-Nev., and Angus King, I-Maine, voted with Senate Republicans.
Fetterman, who has consistently voted with the GOP every time, echoed his counterparts across the aisle and said that any outside issues aside from reopening the government could be dealt with after the lights were turned back on in Washington.
‘It was wrong to shut it down in March,’ he said. ‘I’m in the same position. It’s not going to change. Everything else we’re talking about, open up the government first, and then we can figure out the rest.’
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A former security guard at the U.S. Embassy in Norway was convicted of spying on behalf of Russia and Iran, a report said.
The 28-year-old Norwegian, whose identity has not been made public, was sentenced Wednesday to three years and seven months, The Associated Press reported.
A Norwegian police official reportedly told Reuters at the time of the suspect’s arrest last November that he was working at the U.S. Embassy in Oslo, Norway’s capital.
The State Department did not immediately respond to a request for comment Thursday from Fox News Digital.
Prosecutors alleged that the man handed over details about the embassy’s diplomats, its floor plans and security routines, among other information, Norwegian state broadcaster NRK reported. The broadcaster added that American ties to Israel and the war in Gaza prompted the man to contact Russia and Iran.
The suspect acknowledged the indictment’s facts but denied any criminal guilt, according to the AP.
The man’s defense attorneys said in a statement Thursday that the verdict raises questions about what is considered espionage under Norwegian law.
‘He lied about having security clearance to agents from other countries and exaggerated his own role,’ attorney Inger Zadig of Elden Law Firm told the AP. ‘He had roughly the same level of access as a janitor at the embassy. The information he shared was worthless and neither separately nor collectively capable of harming individuals or the security interests of any state.’
The defendant was found guilty of five espionage-related charges and was acquitted of gross corruption. His defense attorneys are weighing whether to appeal the verdict.
At the time of his arrest last November, the man had been studying for a bachelor’s degree in security and preparedness at Norway’s Arctic University, UiT.
The Associated Press contributed to this report.
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Speaker Mike Johnson, R-La., accused the Democratic Party of being taken over by far-left ‘Marxists’ on Day 16 of the federal government shutdown.
The leader of the House of Representatives was visibly frustrated while speaking to reporters on Thursday, accusing Senate Minority Leader Chuck Schumer, D-N.Y., and other Democrat leaders of prolonging the fiscal standoff for political gain.
‘This is not your grandfather’s Democratic Party. It truly has become the far-left, Marxist-left, that are running that whole operation. And it has real effects on real people,’ Johnson said.
Senate Democrats have now rejected Republicans’ federal funding plan 10 times.
Republicans put forward last month a seven-week extension of fiscal year (FY) 2025 funding levels, called a continuing resolution (CR), aimed at giving congressional negotiators more time to strike a long-term deal for FY2026.
But Democrats in the House and Senate were infuriated by being sidelined in those talks. Schumer and House Minority Leader Hakeem Jeffries, D-N.Y., said their caucuses would not accept any deal that does not include serious healthcare concessions, at least extending COVID-19 pandemic-era Obamacare subsidies that are set to expire at the end of this year.
Johnson and Republicans have accused Schumer of kowtowing to pressure by progressives after he was key to helping the same funding bill pass the Senate in March, avoiding a shutdown earlier this year. That move saw Schumer face a barrage of attacks from his left flank.
‘The only explanation for this is that Chuck Schumer does not want to face the heat and the scrutiny and the abuse that he took in March for doing the right, responsible thing by the far-left voices in his party,’ Johnson said.
He said the ‘voices of the party’ were Democratic socialist Sen. Bernie Sanders, I-Vt., and progressive Rep. Alexandria Ocasio-Cortez, D-N.Y., as well as New York City mayoral candidate Zohran Mamdani.
‘Look, Mamdani is on a path, shockingly, sadly, frighteningly, to become the elected mayor of the largest city in America, the once-cradle of capitalism. There is a Marxist rise in the Democratic Party,’ Johnson said.
‘The old guard — and I’m saying old guard, Chuck Schumer has been here for 44 years — he is not the flavor of the month, and he knows that he’s going to get a challenge. If it’s not AOC, it’ll be another disciple of Mamdani or somebody like that.’
He said Democrats ‘have to stand for the farthest-left ideas, socialism, communism, Marxism, right now to be in favor in the Democratic Party.’
Schumer, in turn, has criticized Johnson for his decision to keep the House in recess while the Senate’s fiscal standoff continues.
‘Republican leaders, especially Speaker Johnson, continue to dig in. The speaker has now kept the House Republicans on vacation for three weeks, as if they can make the issue go away by letting House Republicans hide. Well, the American people don’t have time for Republican inaction,’ Schumer said Wednesday.
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TSX Venture Exchange: BSK
Frankfurt Stock Exchange: MAL2
OTCQB Venture Market (OTC): BKUCF
Blue Sky Uranium Corp. (TSXV: BSK,OTC:BKUCF), (FSE: MAL2), (OTC: BKUCF) ‘Blue Sky’ or the ‘Company’) is pleased to announce that the Company has completed an induced polarization (pole-dipole electrical tomography (‘ET’)) geophysical survey at the Ivana Gap target, located between the Company’s Ivana Deposit and Ivana Central target within the Amarillo Grande Uranium-Vanadium Project, Río Negro Province, Argentina (Figure 1). The properties hosting the Ivana Gap and Ivana Central targets are held by Blue Sky via its 100% owned subsidiary, Minera Cielo Azul S.A. (‘MCA’).
The single line ET survey has delineated a 1,400-metre wide chargeability anomaly at the Ivana Gap target, approximately 30 to 60 metres below surface, that is interpreted to relate to the northerly extension of the REDOX front trend related to the Ivana Uranium-Vanadium deposit (Figure 2). Its position, midway between the Ivana Deposit and Ivana Central, supports the interpretation of a continuous redox front trend linking these two targets. The results highlight Ivana Gap as a key area for follow-up exploration.
Nikolaos Cacos, Blue Sky President & CEO commented, ‘Geophysical surveys have proven highly effective at Amarillo Grande, first guiding our discoveries in 2017 and now advancing our work at Ivana Gap. The new ET survey highlights an intriguing anomaly suggesting we could find mineralization extending to the north of the Ivana Deposit in this area. We look forward to testing this prospective target with our next phase of exploration drilling.’
The objective of the ET survey was to refine targets for drilling by tracing the subsurface extent of the organic-rich sandstone/REDOX front between the Ivana Deposit and the Ivana Central target. The results of this geophysical survey will help guide part of an upcoming diamond drill program that is now being planned and is scheduled to commence in the fourth quarter of 2025.
The geophysical and drilling programs described herein are being funded by Ivana Minerales S.A. (‘IMSA‘) the joint venture company (‘JVCO‘) established to advance the Ivana Uranium-Vanadium Project. Under the terms of the definitive agreement announced on December 2, 2024 IMSA has the exclusive right and option (‘Call Option‘) to acquire up to a 100% interest in certain exploration targets (‘Exploration Targets‘) at Amarillo Grande. To exercise this right, IMSA must incur certain funding obligations over the six-year term of the Call Option, pay the relevant option price pursuant to the formula set out in the Call Option, and grant to MCA a 2% royalty on all Exploration Targets acquired under the Call Option.
Geophysical Program Detail
The ET survey at Ivana Gap was conducted by Geofisica Argentina S.A. using a pole-dipole array with 15 m electrode spacing. The survey used an Iris ELREC PRO 10-channel receiver (time-domain) and a VIP-5000 transmitter.
The program consisted of a single 5 kilometre line covering the central portion of the prospect, subparallel to the majority of lines from previous surveys at Ivana Central (Section L1) and at the Ivana deposit (Section Ivana VIII) (see Figure 2). The results show a broad chargeability anomaly over 1400m in width that is interpreted as the REDOX front horizon signature. Additionally, smaller chargeability anomalies are observed toward the eastern (right-hand) portion of the pseudo-section. These appear either deeper in the profile or as isolated subsurface highs. The main anomaly lies along the projected northwest trend extending from the Ivana Deposit in the south, northwest towards Ivana Central, where reduced carbonaceous alteration has been confirmed in drillhole cuttings.
Many of the historical ET geophysical lines over the Ivana deposits were either not processed for chargeability or did not detect significant anomalies. However, a clear 600m wide chargeability anomaly was observed on line Ivana VIII that was completed on the northern flank of the Ivana deposit, as shown in Figure 2.
Qualified Persons
The technical contents of this news release have been reviewed and approved by Mr. Ariel Testi, CPG, who works for the Company and is a Qualified Person as defined in National Instrument 43-101.
About Ivana Minerales S.A.
Ivana Minerales S.A. is the operating company for the joint-venture between Blue Sky and its partner Abatare Spain, S.L.U. to advance the Ivana Uranium-Vanadium deposit in Rio Negro Province of Argentina. The activities of JVCO are subject to the earn-in transaction (the ‘Agreement‘) in which COAM will fund cumulative expenditures of US$35 million to acquire a 49.9% indirect equity interest in the Ivana deposit, and then has the further right to earn up to an 80% equity interest in JVCO by completion of a feasibility study and funding the costs and expenditures up to US$160,000,000 to develop and construct the project to commercial production, subject to the terms and conditions in the Agreement. JVCO also has a Call Option to acquire a 100% interest in all or part of certain exploration targets owned by Blue Sky’s 100% held subsidiary, subject to certain conditions. For additional details, please refer to the News Release dated February 27, 2025, as well as the Company’s latest Financial Statements & MD&A available at blueskyuranium.com.
About Blue Sky Uranium Corp.
Blue Sky Uranium Corp. is a leader in uranium discovery in Argentina. The Company’s objective is to deliver exceptional returns to shareholders by rapidly advancing a portfolio of uranium deposits into low-cost producers, while respecting the environment, the communities, and the cultures in all the areas in which we work. Blue Sky’s flagship Amarillo Grande Project was an in-house discovery of a new district that has the potential to be both a leading domestic supplier of uranium to the growing Argentine market and a new international market supplier. The Company’s recently optioned Corcovo project has demonstrated potential to host an in-situ recovery uranium deposit. The Company is a member of the Grosso Group, a resource management group that has pioneered exploration in Argentina since 1993.
ON BEHALF OF THE BOARD
‘Nikolaos Cacos’
______________________________________
Nikolaos Cacos, President, CEO and Director
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release may contain forward-looking statements and forward-looking information (collectively, the ‘forward-looking statements’) within the meaning of applicable securities laws. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Any statements that are contained in this press 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 press release contains forward-looking statements that, other than statements of historical fact, address activities, events or developments the Company believes, expects or anticipates will or may occur in the future, including, without limitation, statements about the Company’s planned drilling campaigns, its objectives and the potential mineral content of its projects. Forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein.
Forward-looking statements are subject to a number of risks and uncertainties that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements and, even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on, the Company. Factors that could cause actual results or events to differ materially from current expectations include, among other things: uncertainty relating to mineral resources; risks related to heavy metal and transition metal price fluctuations, particularly uranium and vanadium; risks relating to the dependence of the Company on key management personnel and outside parties; the potential impact of global pandemics; risks and uncertainties related to governmental regulation and the ability to obtain, amend, or maintain licenses, permits, or surface rights; risks associated with technical difficulties in connection with mining activities; and the possibility that future exploration, development or mining results will not be consistent with the Company’s expectations, including in respect of the Company’s planned exploration program described in this news release. Actual results may differ materially from those currently anticipated in such statements. Readers are encouraged to refer to the Company’s public disclosure documents for a more detailed discussion of factors that may impact expected future results. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake 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, except as expressly required by securities law.
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SOURCE Blue Sky Uranium Corp.
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Stallion Uranium Corp. (the ‘ Company ‘ or ‘ Stallion ‘ ) (TSX-V: STUD ; OTCQB: STLNF ; FSE: FE0) pleased to announce that it will commence a high-resolution ground Time Domain Electromagnetic (TDEM) survey on November 1, 2025, on its Coyote Target, part of the Moonlite Project in the Athabasca Basin, Saskatchewan, Canada in partnership with Atha Energy Corp. (‘Atha Energy’) (TSX-V: SASK) .
This survey is designed to extend and refine the results of Stallion’s previous EM work, with the goal of precisely defining conductive structures commonly associated with uranium mineralization. The program will focus on the Coyote Corridor, home to Stallion’s top-priority drill targets identified through detailed analysis of historical datasets and newly acquired geophysical information. These targets were ranked using Stallion’s multi-parameter review, which applies an 11 step ranking criteria of components for discovery.
Matthew Schwab, CEO of Stallion Uranium, said, ‘Launching this ground EM survey at the Coyote Target is a critical step toward advancing our discovery efforts. By improving the resolution of our geophysical data, we expect not only to sharpen the definition of our highest-priority targets, but also to increase the number of drill-ready locations across the Coyote Corridor. Each additional high-confidence target strengthens our ability to deliver meaningful results in the upcoming drill campaign.’
Figure 1 : Coyote Target – 3D image of SWML Plates over 3D Gravity
Conductors interpreted from previous MobileMT Survey
The survey will be conducted by Abitibi Geophysics using the Stepwise Moving Loop (SWML) TDEM method, a proven technique for detecting conductive zones within basement rock. Data collected will be fully integrated with the airborne and ground surveys completed earlier in 2025, providing Stallion with an enhanced geophysical model to guide next-stage exploration.
Darren Slugoski, Vice President of Exploration, said, ‘This ground-based survey will significantly improve the resolution of our geophysical data, allowing us to more accurately model conductive features at depth. By integrating the results with our existing datasets, we will be able to fine-tune the positioning of drill collars and reduce the risk of missing mineralized structures. Increasing confidence in the geometry and location of these conductors is essential to maximizing the effectiveness of our upcoming drill program.’
Figure 2 : Coyote Target – SWML Plates over Gravity with planned EM survey locations
Survey results are expected in late November 2025 and will directly guide final drill targeting. Stallion is preparing to mobilize for a winter drill program in December 2025, where the refined targets from the Coyote Corridor will be tested for potential uranium mineralization.
About the Stepwise Moving Loop (SWML) TDEM Survey:
The SWML TDEM survey utilizes Abitibi’s cutting-edge ARMIT-TDEM system, featuring a three-component, combined B-field and ∂B/∂t sensor developed by Dr. James Macnae of the Royal Melbourne Institute of Technology (RMIT). The ARMIT sensor delivers an exceptional signal-to-noise ratio, comparable to a SQUID sensor for B-field measurements and an induction coil for B/t detection. It is designed for robust performance across extreme temperatures (-40°C to +50°C) without the need for hazardous cryogenic liquids.
ARMIT is the only sensor capable of simultaneously measuring both B-field and B/t, ensuring a broad detection range for conductive structures. The system is paired with the state-of-the-art SMARTem24 receiver and powered by Abitibi’s TerraScope 600V transmitter, delivering currents exceeding 25 A into the transmitter loop, maximizing the survey’s depth penetration and resolution.
Marketing Update:
In parallel with advancing exploration, Stallion Uranium has engaged specialized marketing firms to expand its market presence and broaden shareholder awareness. These initiatives include targeted digital campaigns, media and content development, and investor outreach programs across North America and Europe. The objective is to ensure Stallion’s technical milestones; including the commencement of the Coyote Target ground EM survey and the planned January 2026 drill program; are effectively communicated to both existing shareholders and new audiences.
The Company announces that it engaged Danayi Capital Corp. (‘Danayi’) to provide investor relations and marketing services to the Company for a term of two (2) months commencing on September 29, 2025, in consideration of an upfront payment of USD $100,000 pursuant to an agreement dated September 29, 2025. Danayi does not currently own any interest, directly or indirectly, in the Company or its securities. The agreement with Danayi remains subject to approval of the TSX Venture Exchange.
Upcoming Events:
Stallion Uranium will be attending the upcoming the Catch the Energy Conference taking place at Mount Royal University in Calgary, Alberta. Stallion CEO Matthew Schwab will be presenting on Saturday, October 18, 2025, at 2:15 pm Mountain Time . Further information and registration for Catch the Energy Conference can be found here .
Qualifying Statement:
The foregoing scientific and technical disclosures for Stallion Uranium have been reviewed and approved by Darren Slugoski, P.Geo., VP Exploration, a registered member of the Professional Engineers and Geoscientists of Saskatchewan. Mr. Slugoski is a Qualified Person as defined by National Instrument 43-101.
About Stallion Uranium Corp.:
Stallion Uranium is working to ‘Fuel the Future with Uranium’ through the exploration of roughly 1,700 sq/km in the Athabasca Basin, home to the largest high-grade uranium deposits in the world. The company, with JV partner Atha Energy holds the largest contiguous project in the Western Athabasca Basin adjacent to multiple high-grade discovery zones. With a commitment to responsible exploration and cutting-edge technology such as the use of the proprietary Haystack TI technology, Stallion is positioned to play a key role in the future of clean energy.
Our leadership and advisory teams are comprised of uranium and precious metals exploration experts with the capital markets experience and the technical talent for acquiring and exploring early-stage properties. For more information visit stallionuranium.com .
On Behalf of the Board of Stallion Uranium Corp.:
Matthew Schwab
CEO and Director
Corporate Office:
700 – 838 West Hastings Street,
Vancouver, British Columbia,
V6C 0A6
T: 604-551-2360
info@stallionuranium.com
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 release.
This news release contains forward-looking statements and forward-looking information within the meaning of Canadian securities legislation (collectively, ‘forward-looking statements’) that relate to the Company’s current expectations and views of future events. Any statements that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, through the use of words or phrases such as ‘will likely result’, ‘are expected to’, ‘expects’, ‘will continue’, ‘is anticipated’, ‘anticipates’, ‘believes’, ‘estimated’, ‘intends’, ‘plans’, ‘forecast’, ‘projection’, ‘strategy’, ‘objective’ and ‘outlook’) are not historical facts and may be forward-looking statements and may involve estimates, assumptions and uncertainties which could cause actual results or outcomes to differ materially from those expressed in such forward-looking statements. No assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this material change report should not be unduly relied upon. These statements speak only as of the date they are made.
Forward-looking statements are based on a number of assumptions and are subject to a number of risks and uncertainties, many of which are beyond the Company’s control, which could cause actual results and events to differ materially from those that are disclosed in or implied by such forward-looking statements. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law. New factors emerge from time to time, and it is not possible for the Company to predict all of them or assess the impact of each such factor or the extent to which any factor, or combination of factors, may cause results to differ materially from those contained in any forward-looking statement. Any forward-looking statements contained in this presentation are expressly qualified in their entirety by this cautionary statement .
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(TheNewswire)
Vancouver, Canada, October 16, 2025 TheNewswire – Spartan Metals Corp. (‘ Spartan ‘ or the ‘ Company ‘) (TSX-V: W) is pleased to announce, it has initiated an exploration program (‘ Program ‘) at its Eagle Tungsten-Silver-Rubidium Project in Nevada (Figure 1). The focus of the Program will be characterizing the tailings at the historic Tungstonia millsite and completing extensive surface exploration at the Tungstonia and Rees claim blocks.
This Program will execute the entire Phase 1 of the recommended work program from Spartan’s July 31, 2025, NI 43-101 Technical Report on the Eagle Project and will be expanded to include the Surface Geology Program component of Phase 2. Results acquired from this campaign will be used to support future work plans and drill target generation.
Tungstonia Mill Tailings Characterization
The characterization of Tungstonia Millsite tailings will be the primary focus of the exploration activities and drilling will begin on October 20, 2025 . Drilling at the historic tailings site will use a hollow stem auger to collect samples. All samples collected will be used for thorough geochemical and metallurgical analysis, as well as to define the overall geometry for tonnage calculations, 3D modeling, quantitative assessment, resource estimation, and economic evaluation.
Surface Geology Program
The surface geology program will encompass both Tungstonia and Rees Claim blocks, with an emphasis on comprehensive soil sampling at an approximate 100 m x 100 metre (‘ m ‘) grid (Figures 2 and 3), expanded rock and outcrop sampling, geologic mapping, and geophysical investigations—including Controlled Source Audio-frequency Magnetotellurics (CSAMT) and/or Magnetotellurics (MT)—at Tungstonia. These efforts aim to more accurately define the lateral and vertical extent of existing tungsten-silver-rubidium veins, identify new vein occurrences (Figure 4), and determine high-potential drill targets.
Figure 1 Location map of Eagle Project showing the Tungstonia and Rees areas, located in White Pine County, Nevada
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Figure 2 Planned soil sampling locations at the Tungstonia Claims.
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Figure 3 Planned soil sampling locations at the Rees Claims
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Figure 4 Potential tungsten vein extensions and potential new veins in area of interest for geophysics. The assay information shown were previously reported on August 7, 2025.
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About The Eagle Project
The Eagle Project (‘Project’) presents a unique opportunity to delineate one of the largest and highest-grade Tungsten and Rubidium districts in the United States. The Project consists of the past-producing high-grade Tungstonia (W) and Rees/Antelope tungsten (W-Cu-Ag) mines. Operations at these mines were from 1915 to 1942 with intermittent small-scale production occurring until 1956. Tungsten production from these two mines totaled 8,379 units at grades between 0.6%-0.9% WO 3 (1).
The Project is ~20 km² in size and located approximately 120 kilometers northeast of the town of Ely, in the Kern Mountains of White Pine County, Nevada. The Project covers 4,936 acres consisting of 244 Bureau of Land Management (BLM) unpatented lode mining claims.
Three deposit types are present at Eagle; Porphyry, Skarn, and Carbonate Replacement (CRD) that contain significant or anomalous grades of Tungsten (W), Silver (Ag), and Rubidium (Rb) plus Cu-Ag-Sb±Au-Pb-Zn-Bi-As across three project focus areas that includes the potential to recover W-Rb-Ag from the legacy Tungstonia Mill Tailings.
(1) Nevada Bureau of Mines and Geology (1988), Bulletin 105 p213-217
The technical information contained in this news release has been prepared under the supervision of, and approved by Brett R. Marsh, CPG. Mr. Marsh is President and CEO of Spartan Metals Corp and a ‘qualified person’ as defined under National Instrument 43-101 – Standards of Disclosure for Mineral Projects .
About Spartan Metals Corp.
Spartan Metals is focused on developing critical minerals projects in top-tier mining jurisdictions in the Western United States, with an emphasis on building a portfolio of diverse strategic defense minerals such as Tungsten, Rubidium, Antimony, Bismuth, and Arsenic.
Spartan’s flagship project is the Eagle Project in eastern Nevada that consists of the highest-grade historic tungsten resource in the USA (the past-producing Tungstonia Mine) along with significant under-defined resources consisting of: high-grade rubidium; antimony; bismuth; indium; as well as precious and base metals. More information about Spartan Metals can be found at www.SpartanMetals.com
On behalf of the Board of Spartan
‘Brett Marsh’
President, CEO & Director
Further Information:
Brett Marsh, M.Sc., MBA, CPG
President, CEO & Director
1-888-535-0325
info@spartanmetals.com
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release
Forward Looking Statements
This news release contains statements that constitute ‘forward-looking statements.’ Such forward looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. 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 Information in this news release, Spartan has applied several material assumptions, including, but not limited to, assumptions that: the current objectives concerning the Company’s projects can be achieved and that its other corporate activities will proceed as expected; that general business and economic conditions will not change in a materially adverse manner; and that all requisite information will be available in a timely manner.
Although the Company believes the forward-looking information contained in this news release is reasonable based on information available on the date hereof, by their nature forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. By their nature, these statements involve a variety of assumptions, known and unknown risks and uncertainties and other factors, which may cause actual results, levels of activity and achievements to differ materially from those expressed or implied by such statements.
Examples of such assumptions, risks and uncertainties include, without limitation, assumptions, risks and uncertainties associated with general economic conditions; adverse industry events; future legislative and regulatory developments; the Company’s ability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favorable terms; the ability of the Company to implement its business strategies; competition; the ability of the Company to obtain and retain all applicable regulatory and other approvals and other assumptions, risks and uncertainties.
THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS NEWS RELEASE REPRESENTS THE EXPECTATIONS OF THE COMPANY AS OF THE DATE OF THIS NEWS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE THE COMPANY MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE LAWS.
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