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China’s Xi hails ‘stable and resilient’ Russia ties as he shows solidarity with Putin in Moscow

Chinese leader Xi Jinping hailed Russia and China’s “stable and resilient” ties as he began talks with counterpart Vladimir Putin on Thursday in Moscow, a show of solidarity in the face of global uncertainties unleashed by US President Donald Trump’s “America First” diplomacy.

Sitting across a table from Putin, Xi said the countries’ “political mutual trust has grown deeper” and “practical cooperation has strengthened.”

“In this new era, China-Russia relations are more composed and confident, stable and resilient,” he added.

Xi arrived Wednesday for a four-day state visit to Russia, where he’ll top a list of foreign leaders attending Putin’s heavily choreographed Victory Day military parade, which is taking place in the shadow of Russia’s ongoing war on Ukraine. This year’s events mark 80 years since the Allied victory over Nazi Germany, which ended World War II.

Putin welcomed his Chinese counterpart to the Kremlin, where they shook hands in a cavernous hall before posing for photos flanked by oversized Chinese and Russian flags. During opening remarks, each referred to the other as a “friend.”

Talks held over breakfast, as well as an informal, one-on-one tea on Thursday morning, are expected to cover their strategic partnership, the war in Ukraine and Russia’s relations with the United States, according to the Kremlin.

The two leaders have met more than 40 times over the past decade and steadily strengthened their partnership in recent years in the face of shared tensions with the West. Their diplomacy this week comes at a pivotal moment in each country’s relations with the United States.

China is now locked in an escalated trade war with Washington, sparked by Trump’s heavy tariffs on the world’s second-largest economy. Moscow, meanwhile, has found a more sympathetic America under Trump than it did during Joe Biden’s presidency, but is now warily eying recently warming ties between Washington and Kyiv.

Both Beijing and Moscow have appeared keen to use the gathering to showcase themselves as stable partners and reliable powers, part of a broader bid to reshape an international order they see unfairly dominated by the West.

“Currently, in the face of an international countercurrent of unilateralism and the hegemonic practices of the powerful, China together with Russia will take on our special responsibilities as major world powers and permanent members of the UN Security Council,” Xi said during his opening remarks, using language Beijing typically employs in veiled references to the US.

Putin noted that the two countries were developing their “ties for the benefit of the peoples of both countries and not against anyone” and said the two governments were working to implement “an entire array of practical agreements, including a detailed plan for economic cooperation until 2030.”

Ukraine war hangs over Putin’s military parade

The meeting takes place hours after a three-day ceasefire in Ukraine — unilaterally declared by Putin last month — came into effect, coinciding with the parade. Russian state news agency Tass said the ceasefire began at midnight local time on Wednesday (5 p.m. ET Wednesday).

Earlier this month, Ukrainian President Volodymyr Zelensky warned dignitaries traveling to the event that Kyiv “cannot be responsible for what happens on the territory of the Russian Federation,” amid the ongoing conflict, a statement the Kremlin said amounted to a threat.

Ukraine has launched multiple drone attacks on Moscow over the course of the war, including in recent days, prompting temporary closures of airports in the capital for several hours. Ukraine says its attacks are in response to Russia’s continued assault on Ukrainian territory, including residential areas and energy infrastructure.

More than two dozen leaders are expected to gather in the Russian capital for the Victory Day celebrations, while troops from 13 countries will march in the parade, according to the Kremlin. Leaders expected to attend include Brazil’s Luiz Inacio Lula da Silva, Egypt’s Abdel Fattah el-Sisi and Belarussian leader Aleksandr Lukashenko.

The gathering, a key chance for Putin to project himself as a global power player, takes place amid an increasingly contentious global backdrop, including tensions between India and Pakistan which threaten to spiral into a full-blown conflict.

Russia’s May 9 Victory Day is one of the country’s largest celebrations. It marks Nazi Germany’s 1945 surrender to the Soviet Union, a day which has become increasingly important under Putin, who has falsely claimed his war in Ukraine is a “denazification.” In recent years the parade has seen a diminished supply of military hardware, as Russian tanks are instead mobilized on that war’s front lines.

Europe celebrates its VE Day, marking Germany’s surrender on all fronts, on Thursday.

This post appeared first on cnn.com

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India and Pakistan are both claiming victory after this week’s clashes. Will cooler heads prevail?

This week’s clashes between Pakistan and India are the most serious escalation in tensions between these two historic foes in decades with millions on both sides of their border now wondering what might come next.

Despite a vow to “avenge” India’s strikes on its territory, Pakistan has yet to retaliate in kind on India, and both sides appear to have already claimed victory. But hostilities continue.

Palpable panic rocked both nations Wednesday after New Delhi launched targeted military strikes on its neighbor, while Islamabad claimed it had shot down its rival’s fighter jets.

The fear is that each additional confrontational step by either side could quickly spiral into an all out conflict.

Indian media was euphoric after Wednesday’s strikes. “Strokes of justice,” ran an editorial from one of India’s leading English newspapers commending the country’s “sharp” and “resolute” response to the massacre of 26 people in Indian-administered Kashmir, at the hands of militants. A headline from The Indian Express echoed a similar tune: “Justice Served” it said across the front page.

In Pakistan, the public response from Prime Minister Shehbaz Sharif was similarly bellicose.

He has vowed to “avenge” the deaths of 31 people Pakistan says were killed in India’s strikes but still appeared to declare triumph for its apparent shooting of India’s airplanes.

“It only took a few hours for the enemy to fall on its knees,” he said in a late-night address to the nation.

India says it struck “terrorist infrastructure” belonging to two Islamist groups – Lashkar-e-Tayyiba and Jaish-e-Mohammed – who have been accused of being behind some the deadliest militant attacks on the country. Wednesday’s strikes did not target military infrastructure and didn’t kill civilians, New Delhi said, potentially giving India and Pakistan an opportunity to find a way to avoid an all-out war.

One location India struck was deep in Pakistan’s Punjab province, the deepest attack in Pakistan’s undisputed territory since both countries fought a major war in 1971. It also targeted multiple other locations in Punjab – the heartland of the powerful military and home of the Sharif government – and hit a mosque, according to Pakistani officials, angering millions in the Muslim-majority nation.

What happens now, analysts say, mostly depends on Islamabad’s next move.

“All eyes are on Pakistan,” said Washington-based South Asia analyst, Michael Kugelman. “If it decides to save face and claim victory — perhaps by pointing to the downing of Indian jets (which New Delhi has not confirmed) — and call it a day, an off ramp could be in sight.”

But he warned “all bets would be off” should Pakistan decide to strike back.

‘Something to lose’

Most analysts agree the nuclear-armed neighbors cannot afford another battle.

India and Pakistan have already fought three wars over Kashmir, a contested region they both claim in its entirety and each control a part of. Another conflict could have catastrophic consequences.

Since its birth seven decades ago in the partition of what was British India, Pakistan – now home to 230 million people – has faced mounting challenges, from political instability to an alarming militant insurgency, climate catastrophes and economic disarray.

India is seemingly in a stronger position; its military is seen as superior in any conventional conflict based on number alone and it boasts an economy more than 10 times the size of Pakistan’s. But it too would have something to lose should the conflict escalate, according to Tanvi Madan, a senior fellow in the Foreign Policy program at the Brookings Institution.

“Largely on the basis of what we’ve seen in previous times, these are two rational actors who don’t want a broader war,” Madan said.

India’s Prime Minister Narendra Modi has vowed to elevate India’s status on the global stage, bidding to host the Olympics and seeking to overtake China as the world’s manufacturing hub.

Not to mention, India already faces security threats on multiple fronts — particularly along contested borders with China.

De-escalation or more to come?

India was quick to project that its response to the April 22 massacre was “focused, measured and non-escalatory” and make clear that they were in response to the tourist’s massacre.

Top officials in New Delhi reached out to key counterparts in the United States, Middle East and Russia, among others, “presumably to encourage international pressure for Pakistan to avoid escalation,” said Nisha Biswal, Senior Advisor at The Asia Group.

Pakistan’s leaders touted a victory by the country’s air force, saying five Indian fighter jets were shot down during an hour-long battle fought at ranges over 160 kilometers (100 miles).

India’s leaders have said little in response to those claims and have not acknowledged any aircraft losses. The Pakistanis have yet to show any evidence proving they downed fighter jets, but a French Defense Ministry source said at least one of India’s newest and most-advanced warplanes – a French-made Rafale fighter jet – was lost in the battle.

If there have indeed been losses for India, Pakistan could claim victory “even if the circumstances are murky,” said Milan Vaishnav, a senior fellow and director of the South Asia Program at the Carnegie Endowment for International Peace.

“This would allow Pakistan to claim it has imposed costs on Indian military targets.”

Yet, amid the fog of war, Pakistan’s powerful army general Asim Munir had already vowed to match any aggression from India.

And Munir, who is known for his hardline stance on Hindu-nationalist Modi, has a reputation of being more assertive than his predecessor Qamar Javed Bajwa.

Meanwhile there have been many voices within Modi’s Hindu nationalist party pushing for a decisive blow against Pakistan for years.

Kugelman, the South Asia analyst, said the US, which has historically interceded in these crises, could try to defuse the tension, but it’s unclear how much bandwidth the Trump administration is willing to allocate.

“China has called for de-escalation, but its fraught ties with India rule it out as a viable intermediary. The top mediator candidates are the Arab Gulf states, especially Qatar, Saudi Arabia, and the United Arab Emirates,” he said, given their strong ties with both nations.

Qatar was quick to urge diplomacy in the hours after Wednesday’s strikes.

While most analysts think there is an off-ramp for both nations, they all agree the situation remains fluid and tense.

“This crisis is as unpredictable as it is dangerous—an unsettling combination,” Kugelman added.

This post appeared first on cnn.com

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UK’s King Charles lays wreath to mark 80th anniversary of VE Day

Britain’s King Charles and heir to the throne Prince William laid wreaths in Westminster Abbey on Thursday at the culmination of the country’s four days of commemorations to mark the 80th anniversary of Victory in Europe Day.

The thanksgiving service in the Abbey began with a two-minute silence, which was also observed across the country, to remember Nazi Germany’s unconditional surrender, which took effect on May 8, 1945.

Charles and William, military medals pinned on their chest and standing beside elderly veterans in wheelchairs, laid wreaths at the the Grave of the Unknown Warrior, in a show of respect for those who gave their lives in World War Two.

The anniversary, which comes at a time of ongoing conflict in Europe with Russia’s war in Ukraine, was also marked with events in France and Germany, while Moscow will hold a major military parade on Friday.

Speaking at a defense conference in London on Thursday, British Prime Minister Keir Starmer called the day a celebration of defiance, sacrifice and courage.

“A victory not just for Britain but for good against the assembled forces of hatred, tyranny and evil,” he said.

In Moscow, Russian President Vladimir Putin spoke of the “sacred” victory over Adolf Hitler, and said his country was standing against “neo-Nazism,” a characterisation of the current conflict in Ukraine that is strongly rejected by Kyiv.

Putin was holding talks with Chinese President Xi Jinping, who is joining Russia’s celebrations.

French President Emmanuel Macron was due to lay a wreath at the statue of French wartime hero Charles de Gaulle in Paris and inspect a troop parade at the Arc de Triomphe. Dozens of World War Two-era vehicles will also parade down the Champs-Elysees avenue.

In Berlin, President Frank-Walter Steinmeier will address the Bundestag, the lower house of Germany’s parliament,during a special remembrance session.

VE Day’s 80th anniversary will be one of the last major celebrations with living veterans attending events, as most are now in their 90s or older.

British veterans were among the congregation at Westminster Abbey in London. They will be greeted by Charles and his wife Queen Camilla after the service, before senior royals also lay flowers at a memorial nearby.

Veterans also attended a grand military parade and flypast close to Buckingham Palace on Monday, one of a series of anniversary events, in what has been a busy few days for Charles.

The monarch, 76, was last year diagnosed with an unspecified form of cancer and is still undergoing treatment.

Later on Thursday there will be a concert at Horse Guards Parade for 10,000 people. Charles and Camilla will be in the audience to hear music and the stories of veterans.

This post appeared first on cnn.com

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Israeli military extends detention of Palestinian journalist despite acknowledging lack of evidence

The Israeli military acknowledged Thursday that it does not have “sufficient evidence” to substantiate terrorism funding allegations it leveled against a prominent Palestinian journalist, even as an Israeli general ordered he be detained for another six months.

The Israeli military’s top general in the occupied West Bank ordered the journalist, Ali Samoudi, 58, to be held under administrative detention, which allows the military to hold individuals without trial for up to six months at a time. Administrative detention orders can be renewed indefinitely.

The commander issued the order on Wednesday following a military court hearing last week during which prosecutors sought to extend his detention.

Palestinians living in the West Bank are subject to Israeli military law and are typically tried in military courts, not Israeli civilian courts.

At the time, the Israeli military accused him of transferring funds to Palestinian Islamic Jihad, a militant group in the West Bank and Gaza which Israel considers a terrorist organization. The Israeli military provided no evidence to back up its claim.

Israeli military prosecutors never leveled that accusation in court, Samoudi’s lawyer Jamil al-Khatib said, instead vaguely accusing Samoudi of harming the activity of Israeli forces in the West Bank.

The military’s administrative detention order cites Samoudi’s “presence posing a danger to the security of the region” as justification for his detention.

He is one of 20 journalists detained and held under administrative detention since the start of the war in Gaza, according to the Palestinian Prisoners’ Society (PPS).

“Samoudi’s arrest and administrative detention is part of the occupation’s escalating campaign of targeting journalists, particularly through the systematic use of administrative detention,” the PPS said in a statement.

Samoudi is now being held in Megiddo prison in central Israel, according to his lawyer, where he is still waiting to receive his eyeglasses and medications for several chronic conditions, including high blood pressure and diabetes.

One of the most well-known Palestinian journalists in the West Bank, Samoudi has worked with international news organizations for decades as a local producer and fixer.

He was also a witness to the high-profile killing of Al Jazeera journalist Shireen Abu Akleh, by Israeli forces in 2022, during which he was also shot.

This post appeared first on cnn.com

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Israel vows to ‘defend ourselves alone’ after Trump strikes truce with Houthis

Israeli Prime Minister Benjamin Netanyahu has vowed to “defend ourselves alone” against Yemen’s Houthi rebels after US President Donald Trump struck a deal with the Iran-backed group.

According to Trump, the US would halt an ongoing military campaign against the Houthis in exchange for the group stopping its attacks on US interests in the region.

The Houthis acknowledged the agreement but made it clear their attacks on Israel would continue. Senior Houthi leader Mohammed Ali al-Houthi said after the announcement that the agreement was “a victory that separates US support for the temporary entity (Israel) and a failure for Netanyahu.”

On Wednesday, Netanyahu said, “Israel will defend itself by itself.” In the past, Israel has carried out joint strikes with the US against the Houthis, but two consecutive days of Israeli attacks on Yemen earlier this week were done alone. “If others join us—our American friends—all the better. If they don’t, we will still defend ourselves on our own,” he said in a video posted on social media.

Trump referred to the deal as capitulation from the Houthis on Tuesday but on Wednesday he said they had a “good outcome with the Houthis,” adding they had a “great capacity to withstand punishment” from repeated US strikes.

“You could say there’s a lot of bravery there,” Trump said at a swearing-in of his ambassador to China at the White House. “It was amazing what they took.”

He added that the US would “honor their (Houthis’) commitment” not to attack US warships or commercial vessels in the region.

Trump ‘thinks about America’s interests’

The US-Houthi truce sidelined the Israeli government, according to former US Middle East envoy Dennis Ross.

He noted that Netanyahu was left in the dark when the US began talks with Hamas in March and only found out about US nuclear talks with Iran when Trump made the announcement seated next to the prime minister in the Oval Office last month. The US-Houthi ceasefire is one more instance where Israel’s concerns were a tertiary consideration for the White House, if at all, he said.

“The Trump Administration thinks about America’s interests,” said Ross.

There has been no public criticism of the White House decision from Israeli officials. Netanyahu, who once openly criticized the Biden administration’s requests and policies, is one of Trump’s most vocal international supporters. Other members of the government have reserved their judgement as well, instead focusing on Israel’s resolve against the Houthis.

Defense Minister Israel Katz said in a statement on Thursday that “Israel must be able to defend itself by itself against any threat and any enemy. This has been true in the face of many past challenges, and it will remain true in the future.”

Trump designated the Houthi group as a Foreign Terrorist Organization in the final days of his first term as president. President Joe Biden revoked that designation early in his presidency in 2021, and Trump designated it again in January.

This post appeared first on cnn.com

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Crypto Market Recap: New Hampshire Launches First State Crypto Reserve, Trump Stirs Controversy

Here’s a quick recap of the crypto landscape for Wednesday (May 7) as of 9:00 p.m. UTC.

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

Bitcoin and Ethereum price update

Bitcoin (BTC) was priced at US$96,171.23 as markets closed, up 1.3 percent in 24 hours. The day’s range has seen a low of US$95,967.46 and a high of US$97,387.02.

Bitcoin performance, May 7, 2025.

Chart via TradingView.

Bitcoin showed signs of a bullish reversal leading up to the US Federal Reserve’s Wednesday interest rate decision. Roughly US$83.6 million in short Bitcoin positions were liquidated on Wednesday, significantly more than the US$15 million in long liquidations, indicating strong upward momentum. Bitcoin open interest has also increased by a notable percentage over the last 24 hours, adding to a nearly 30 percent increase over the last 30 days.

Analysts have noted that holding above US$95,000 will be crucial for a potential climb towards Bitcoin’s all-time high, while dropping below risked a significant fall. The next target is near US$98,000, with a longer-term target around US$100,200 if that resistance breaks. However, analysts for CryptoQuant have also pointed to significant profit-taking as a potential headwind that could interrupt this upward trend.

Ethereum (ETH) finished the trading day at US$1,797.11, a 0.6 percent increase over the past 24 hours. The cryptocurrency reached an intraday low of US$1,792.06 and saw a daily high of US$1,831.84.

Altcoin price update

  • Solana (SOL) hit a value of US$145.86 at the end of the day, up 0.7 percent over 24 hours. SOL experienced a low of US$145.24 and a high of US$147.32
  • XRP was trading at US$2.11, reflecting a 1.2 percent decrease over 24 hours and its lowest point of the day. The cryptocurrency peaked this morning at US$2.14.
  • Sui (SUI) was priced at US$3.26, showing an increaseof 0.8 percent over the past 24 hours. It achieved a daily low of US$3.24 and a high of US$3.38.
  • Cardano (ADA) is trading at US$0.6599, down 0.6 percent over the past 24 hours. Its lowest price of the day was US$0.6580, and it reached a high of US$0.6754.

Today’s crypto news to know

New Hampshire becomes first state to launch crypto reserve

New Hampshire has officially become the first US state to greenlight a cryptocurrency reserve after Governor Kelly Ayotte signed House Bill 302 into law.

The measure authorizes the state treasurer to invest up to 5 percent of public funds in digital assets with a market cap above US$500 billion — effectively limiting the scope to Bitcoin for now.

The assets, along with precious metals, will be held either via a secure custodian or an exchange-traded product. The law goes into effect in 60 days and marks a significant milestone in state-level crypto adoption.

Unlike the federal government’s stagnant plans for a bitcoin reserve, New Hampshire is moving ahead with direct investment. Advocates hope the move will inspire similar initiatives in other states and potentially drive further institutional interest in Bitcoin.

Trump’s crypto projects spark legislative gridlock on Capitol Hill

President Donald Trump’s growing involvement in the crypto sector is intensifying partisan divisions in Congress and jeopardizing progress on digital asset legislation.

A hearing that was set to lay groundwork for crypto market regulation was abruptly cancelled after Rep. Maxine Waters voiced strong objections, citing Trump’s self-promotional crypto ventures as a conflict of interest.

Trump’s $TRUMP meme coin and his partial ownership of World Liberty Financial have drawn criticism from ethics experts and lawmakers alike. Democrats argue that advancing regulation while the former president promotes personal crypto investments creates a perception of impropriety.

Meanwhile, the administration defends the projects, stating Trump’s assets are held in a trust and pose no conflict. Nonetheless, legislative momentum on crypto has clearly slowed, with bipartisan collaboration now under strain.

Crypto gains traction in New Jersey democratic primary

Democratic gubernatorial hopefuls in New Jersey are leaning into crypto policy as a key plank of their campaigns, signaling a broader political shift.

A Bloomberg exclusive reports that leading candidates like Rep. Mikie Sherrill and Jersey City Mayor Steve Fulop have publicly endorsed integrating digital assets into state governance.

Fulop even proposes allocating part of the state’s pension fund to Bitcoin ETFs, a move he previously advanced at the city level. Rep. Josh Gottheimer, another contender, has framed crypto as a driver of economic growth and has backed federal legislation aimed at regulating the industry.

With Donald Trump having successfully capitalized on crypto enthusiasm in his reelection campaign, Democrats are recalibrating their stance to stay competitive.

The growing acceptance of digital assets among candidates suggests crypto will remain a prominent topic in the 2025 election cycle.

Pectra upgrade goes live

Ethereum’s Pectra upgrade, featuring the Prague execution layer hard fork and the Electra consensus layer upgrade, went live on the Ethereum mainnet at about 10:00 am UTC on Wednesday at the start of epoch 364032.

The three main Ethereum improvement proposals (EIPs) included are EIP-7702, EIP-7251 and EIP-7691, which aim to improve user-friendliness and efficiency.

EIP-7702 will enable externally owned accounts to function like smart contracts, handling gas fees and payments in various tokens. EIP-7251 will raise the validator staking limit to 2,048 ETH, streamlining operations for large stakers. Lastly, EIP-7691 will increase data blobs per block, enhancing layer-2 scalability and potentially lowering transaction costs.

The change comes as the growth of Ethereum’s total value locked has lagged behind that of Solana and BNB Chain this year. Artemis data reveals a net outflow of US$50.7 billion for Ethereum year-over-year, contrasting with US$8.3 billion for Base and US$5.8 billion for Solana. However, in the month leading up to the upgrade, Ethereum experienced higher inflows than both Base and Solana.

BlackRock’s Bitcoin ETF outpaces gold funds in 2025 Inflows

Despite gold outperforming bitcoin in price appreciation this year, BlackRock’s spot Bitcoin ETF (IBIT) has outshined traditional gold funds in net inflows.

Since January, IBIT has drawn nearly US$7 billion, surpassing the SPDR Gold Trust, which brought in US$6.5 billion over the same period.

The ETF’s success comes even as Bitcoin prices have lagged behind gold’s recent surge, reflecting institutional faith in digital assets’ long-term value.

Analysts say this trend underscores a shift in investor behavior, with many viewing Bitcoin as a digital complement — or even replacement — for gold.

Analysts now believe bitcoin ETFs could triple gold’s assets under management within the next five years.

Strive Asset Management to form Bitcoin treasury company

Strive Asset Management, an enterprise founded by former presidential candidate Vivek Ramaswamy, revealed plans to transition into a Bitcoin treasury company on Wednesday.

According to the announcement, the transition will be accomplished by a reverse merger with publicly traded Asset Entities (NASDAQ:ASST). The company will operate under the Strive brand, and will likely continue to trade on the Nasdaq under the ticker symbol ASST for the foreseeable future. The merged entity will leverage its combined stock value and access to public equity markets to fund further Bitcoin acquisitions.

“Strive Asset Management intends to use all available mechanisms to build a Bitcoin war chest in a minimally dilutive manner to common shareholders and build a long-term investment approach designed to outperform Bitcoin, by using Bitcoin itself as the hurdle rate for capital deployment,’ Strike said in its release.

Metaplanet increases Bitcoin holdings

Metaplanet (OTCQX:MTPLF,TSE:3350) purchased an additional 555 Bitcoin on Wednesday for US$53.4 million at an average price of US$96,134. The purchase is valued at over US$536 million at current prices.

The company now holds 5,555 BTC, purchased for US$481.5 million at an average price of US$86,672 per Bitcoin, according to CEO Simon Gerovich. The company also announced the issuance of another US$25 million in zero-coupon ordinary bonds to fund additional BTC buys.

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

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

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This post appeared first on investingnews.com

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SAGA Metals Extends Claims at the Radar Ti-V-Fe Project –Securing the Entire Titanomagnetite-Bearing Intrusion

Saga Metals Corp. (‘SAGA’ or the ‘Company’) (TSXV: SAGA) (OTCQB: SAGMF) (FSE: 20H) a North American exploration company specializing in the discovery of critical minerals, is pleased to announce the addition of 97 new claims covering 2,425 hectares, increasing the total area of the Radar Ti-V-Fe Project to 24,175 hectares.

The Company’s 100%-owned Radar Property is strategically located just 10 kilometres from the coastal city of Cartwright, Labrador. The location offers excellent infrastructure advantages, including:

  • Road access
  • Deep-water port on the Atlantic Ocean
  • Cartwright Airport
  • Proximity to hydroelectric power

With the recent expansion, the Radar Property now fully encompasses the Dykes River intrusive complex, a recently identified Mesoproterozoic layered mafic intrusion (Gower, 2017). The complex has garnered significant interest due to its geological resemblance to large AMCG-type intrusions and the presence of an extensive titanium-vanadium-iron (Ti-V-Fe) enriched layer containing vanadiferous titanomagnetite (‘VTM’).

Regional airborne magnetic surveys highlighted the mafic oxide layer, revealing an arcuate exploration target extending over 20 kilometers in length.

Michael Garagan, CGO & Director of SAGA commented: ‘To lay claim to the entire Dykes River Intrusion is an important milestone for SAGA and its shareholders. Throughout history, many of these mineralized geological settings have been shared amongst multiple companies vying to advance their projects. It’s a unique and significant opportunity to hold the entire 160 square km intrusion mapped at the surface and benefits from tremendous infrastructure. The claim acquisition consolidates the entire intrusion and allows the company to delegate zones for both additional infrastructure and further exploration. We’ve only just begun uncovering the true potential and extent of the oxide layering hosted within the intrusion.’

Figure 1: Map of the Radar project highlighting the oxide layering, road access, and proximity to the town of Cartwright, Labrador. SAGA’s 2024 field programs now confirm compilation of historical airborne geophysics.

Saga Metals Confirms Geological Success with Drilling:

The Company recently reported assays from the first two of seven holes drilled on the Hawkeye zone of the Radar Ti-V-Fe property. Please click here to review the full press release on drill holes #1 and #4. Highlights are listed below.

Highlights:

  • Drilled 2,200m confidently testing targets down to a depth of 200 meters, covering a 500-meter by 350-meter target panel.
  • Winter program analytical results have been obtained for the first two diamond drill holes.
  • Petrographic analysis and the new assays confirm that the main economic mineral is a vanadiferous titanomagnetite (‘VTM’), which is prospective for simplified metallurgical processing.
  • Exceptional intercepts of VTM included 31.5m @ 25.95% Fe + 5.34% TiO 2 + 0.28% V 2 O 5 in HEZ-01 and 50m @ 24.49% Fe + 4.74% TiO 2 + 0.305 % V 2 O 5 in HEZ-04.
  • Massive high-grade VTM samples including HEZ-01 with 0.3m @ 39.5% Fe + 9.4% TiO 2 + 0.339% V 2 O 5 and HEZ-01 with 0.5m @ 43.0% Fe + 9% TiO 2 + 0.512% V 2 O 5 .
  • Drilling intercepts average 20-40% VTM, and particular massive layers exceed 60% VTM.
  • Drilling to vertical depths of 200 meters confirms magnetic anomalies identified by geophysics.
  • Initial drilling covers just 1/40th of the identified 20 km strike extent of the oxide layering zone in the Dykes River intrusion.

Drilling also confirmed massive to semi-massive oxide layering, hosting VTM mineralization, with significant widths up to 210 meters within the drill core. The geological context identified by Dr. Al Miller’s petrographic studies substantially advanced the understanding of Radar Property mineralization. These findings indicate that the VTM mineralization system is advantageous for simplified metallurgical processing and potentially improves economic outcomes.

Figure 2: The prospective oxide layering zone on the Radar property extends for an inferred 20km strike length, as shown on a compilation of historical airborne geophysics, which SAGA confirmed in the 2024 field programs.

Figure 3: Hawkeye Zone displays a   500m strike by 350m width magnetic anomaly drilled in the winter 2025 program. (2024 Saga Metals. TMI Magnetic Survey).

Given the success of the maiden drill program within the Hawkeye zone over a 500 m strike and the strong correlation between drill core, rock samples and geophysics (Figure 3), SAGA plans to repeat this model over the five priority targets along the 20 km strike length of the oxide layer. The geophysical anomaly drilled in the Hawkeye zone is potentially one of the lesser anomalies. Early indications from geophysics being conducted over the Trapper zone report an even stronger magnetic response.

Qualified Person

Paul J. McGuigan, P. Geo. is an Independent Qualified Person as defined under National Instrument 43-101 and has reviewed and approved the technical information related to the Radar Ti-V-Fe Project disclosed in this news release.

About Saga Metals Corp.

Saga Metals Corp. is a North American mining company focused on the exploration and discovery of critical minerals that support the global transition to green energy. The company’s flagship asset, the Double Mer Uranium Project, is located in Labrador, Canada, covering 25,600 hectares. This project features uranium radiometrics that highlight an 18km east-west trend, with a confirmed 14km section producing samples as high as 0.428% U 3 O 8 and uranium uranophane was identified in several areas of highest radiometric response (2024 Double Mer Technical Report).

In addition to its uranium focus, SAGA owns the Legacy Lithium Property in Quebec’s Eeyou Istchee James Bay region. This project, developed in partnership with Rio Tinto, has been expanded through the acquisition of the Amirault Lithium Project. Together, these properties cover 65,849 hectares and share significant geological continuity with other major players in the area, including Rio Tinto, Winsome Resources, Azimut Exploration, and Loyal Lithium.

SAGA also holds additional exploration assets in Labrador, where the company is focused on the discovery of titanium, vanadium, and iron ore. With a portfolio that spans key minerals crucial to the green energy transition, SAGA is strategically positioned to play an essential role in the clean energy future.

On Behalf of the Board of Directors

Mike Stier, Chief Executive Officer

For more information, contact:
Saga Metals Corp.
Investor Relations
Tel: +1 (778) 930-1321
Email: info@SAGAmetals.com
www.SAGAmetals.com

The TSX Venture Exchange has not reviewed and does not accept responsibility for the accuracy or adequacy of this release. 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 release.

Cautionary Disclaimer

This news release contains forward-looking statements within the meaning of applicable securities laws that are not historical facts. Forward-looking statements are often identified by terms such as ‘will’, ‘may’, ‘should’, ‘anticipates’, ‘expects’, ‘believes’, and similar expressions or the negative of these words or other comparable terminology. All statements other than statements of historical fact, included in this release are forward-looking statements that involve risks and uncertainties. In particular, this news release contains forward-looking information pertaining to the Company’s Radar Ti-V-Fe project. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations include, but are not limited to, changes in the state of equity and debt markets, fluctuations in commodity prices, delays in obtaining required regulatory or governmental approvals, environmental risks, limitations on insurance coverage, risks and uncertainties involved in the mineral exploration and development industry, and the risks detailed in the Company’s final prospectus in Manitoba and amended and restated final prospectus for British Columbia, Alberta and Ontario dated August 30, 2024, filed under its SEDAR+ profile at www.sedarplus.ca, and in the continuous disclosure filings made by the Company with securities regulations from time to time. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements only as expressly required by applicable law.

Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/e5fcaa32-0144-4ab1-8675-6311908d44c5

https://www.globenewswire.com/NewsRoom/AttachmentNg/4d825e7b-917e-4d9b-a851-f4e0bb4edee0

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Group Eleven Intersects 12.0m of 2.30% Cu and 560 g/t Ag, Including 6.4m of 3.72% Cu and 838 g/t Ag, Demonstrating High-Grade Copper and Silver Potential at Ballywire

Group Eleven Resources Corp. (TSXV: ZNG) (OTC Pink: GRLVF) (FSE: 3GE) (‘Group Eleven’ or the ‘Company’) is pleased to announce assay results from four new holes from the ongoing drill program at the Company’s 100%-owned Ballywire zinc-lead-silver discovery (‘Ballywire’), PG West Project (‘PG West’), Republic of Ireland.

Highlights:

  • 25-3552-31, a 65m step-out hole, intersected two strongly mineralized horizons:
    • Cu-Ag horizon (starting at 348.7m downhole)
      • 19.9m of 1.46% Cu and 356 g/t Ag, including
      • 12.0m of 2.30% Cu and 560 g/t Ag, including
      • 6.4m of 3.72% Cu and 838 g/t Ag
    • Zn-Pb-Ag horizon (starting at 297.0m downhole)
      • 47.1m of 4.5% Zn+Pb (3.1% Zn and 1.4% Pb) and 22 g/t Ag, including
      • 25.9m of 7.4% Zn+Pb (5.1% Zn and 2.3% Pb) and 35 g/t Ag, including
      • 12.9m of 11.0% Zn+Pb (7.7% Zn and 3.2% Pb) and 57 g/t Ag, including
      • 3.7m of 20.4% Zn+Pb (15.8% Zn and 4.6% Pb) and 151 g/t Ag
  • Up to 10.45% Cu (over 0.80m) and up to 1,880 g/t Ag (over 0.86m) intersected in the Cu-Ag horizon; to the Company’s knowledge, this represents the highest-grade Ag intercept in Ireland over the last >60 years (by any operator) and similarly, one of the highest-grade Cu intercepts
  • Cu-Ag horizon consists of replacement-style mineralization along the base of the Waulsortian Limestone in proximity to a fault structure; mineralization appears to consist mostly of tennantite-tetrahedrite (detailed mineralogy work to be undertaken in due course)
  • Noteworthy is the presence of elevated antimony in the Cu-Ag zone, grading 0.27% Sb within the above 6.4m interval (including 0.80m of 10.45% Cu, 1215 g/t Ag and 0.83% Sb)
  • This hole expands the footprint of the 2.6km long discovery trend by at least 65m down-dip, to a total of at least 170m down-dip along this section (and remains open further down-dip)
  • Drilling continues at Ballywire with two rigs testing (i) the NE extension and (ii) 1.3km ENE of the Ballywire discovery in the vicinity of the prospective ‘D’ gravity-high anomaly; a third rig was added this week, testing the deeper Cu-Ag target (below the Waulsortian Limestone)

‘Intersecting spectacular copper-silver grades over significant thicknesses is a pivotal moment for the Ballywire discovery,’ stated Bart Jaworski, CEO. ‘These results not only strongly point to a stratigraphically deeper Cu-Ag horizon but also represent a proof of concept that substantial grades and thicknesses of copper and silver exist at the discovery, in addition to excellent grades of Zn-Pb. The growing presence of critical minerals at Ballywire, namely, copper, germanium and now potentially antimony, highlights the rising strategic importance of this discovery for Ireland, the EU and our shareholders. With today’s Cu-Ag milestone, continued drilling to the NE and along our prospective 6km trend, plus the start of drilling with our third rig, we are poised to further grow shareholder value as the year progresses.’

Exhibit 1. Cross-Section Showing New Drilling (25-3552-31) at Ballywire Discovery

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/251260_exhibit1.jpg

Note: True width of mineralized intervals in 25-3552-31, as a percent of down-hole interval, is estimated to be 50-70%

Exhibit 2. Plan Map Showing New Drilling and Intersected High-Grade Cu-Ag Mineralization

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/251260_exhibit2.jpg

New Step-Out Holes at Ballywire Discovery

The Ballywire prospect at the Company’s 100%-owned PG West Project in Republic of Ireland, represents the most significant mineral discovery in Ireland in over a decade. First announced in Sept-2022, the discovery has 52 holes drilled and reported by Group Eleven to date, including the most recent four holes (25-3552-30, -31, -32, and -33) reported today (see Exhibits 1 to 7).

High-grade Zn-Pb mineralization from 25-3552-31 (see Page 1 and Exhibits 1 to 4) consists predominantly of sphalerite, galena and pyrite. High-grade Cu-Ag mineralization in this hole consists of suspected tennantite/tetrahedrite, chalcopyrite, sphalerite, galena and pyrite along and/or close to the base of the Waulsortian Limestone (see Exhibit 1). Noteworthy is the presence of elevated antimony within the Cu-Ag zone. For example, the 6.39m interval below, grading 3.72% Cu and 838 g/t Ag, also grades 0.27% Sb (including 0.80m of 10.45% Cu, 1215 g/t Ag and 0.83% Sb).

Exhibit 3. Summary of Assays from 25-3552-31 at Ballywire

Item From
(m)		 To
(m)		 Int
(m)		 Zn
(%)		 Pb
(%)		 Zn+Pb
(%)		 Ag
(g/t)		 Cu
(%)
25-3552-31 155.00 155.84 0.84 8.41 1.70 10.11 93.8 –
And 188.89 192.61 3.72 2.34 0.22 2.56 11.9 –
Incl. 190.82 191.75 0.93 4.77 0.45 5.22 25.2 –
And 296.95 344.07 47.12 3.13 1.37 4.50 21.6 –
Incl. 300.76 301.70 0.94 5.21 0.72 5.93 13.9 –
And 309.07 334.96 25.89 5.10 2.27 7.37 35.4 –
Incl. 310.00 322.88 12.88 7.72 3.24 10.95 57.4 –
Incl. 315.49 319.20 3.71 15.81 4.56 20.37 151.1 –
And 347.79 370.42 22.63 0.47 0.51 0.98 315.8 1.30
Incl. 348.71 368.60 19.89 0.49 0.57 1.07 356.5 1.46
Incl. 348.71 360.73 12.02 0.59 0.79 1.38 560.1 2.30
Incl. 353.39 360.73 7.34 0.68 1.27 1.95 768.0 3.36
Incl. 354.34 360.73 6.39 0.65 1.46 2.11 838.0 3.72
Incl. 354.34 355.20 0.86 0.77 0.06 0.83 1880.0 5.73
And 355.20 356.09 0.89 0.09 0.02 0.11 516.0 1.12
And 356.09 357.02 0.93 0.40 8.47 8.87 399.0 1.16
And 357.02 357.98 0.96 0.36 1.15 1.51 128.0 1.19
And 357.98 358.78 0.80 2.44 0.21 2.65 1215.0 10.45
And 358.78 359.84 1.06 0.33 0.06 0.38 979.0 3.92
And 359.84 360.73 0.89 0.45 0.03 0.48 871.0 3.52

 

Note: True width of the mineralized interval in hole 25-3552-31, as a percentage of the down-hole interval, is estimated to be 50-70%; for photographs of Cu-Ag rich core, see Appendix and www.groupelevenresources.com.

Three other holes released today were drilled in a 150m gap to the NE of 25-3552-31 (25-3552-30, -32 and -33; see Exhibit 2). Hole 25-3552-30 returned nil mineralization, 25-3552-32 returned three intervals of mineralization up to 0.94m of 2.4% Zn+Pb (0.9% Zn and 1.5% Pb) and 8 g/t Ag, and 25-3552-33 returned three intervals of mineralization up to 0.82m of 2.9% Zn+Pb (1.1% Zn and 1.8% Pb) and 7 g/t Ag. These zones of mineralization are narrower and weaker than those at the main discovery trend but generally in line with recent holes drilled further to the ENE (see holes G11-3552-24, -26 and 28 in news release dated 25-Mar-2025). Disseminated copper mineralization, as well as, mineralized veins and fractures, is strengthening towards the north, suggesting massive sulphide mineralization may be present further north (see northern-most purple line in Exhibit 4). A second mineralized trend is also emerging to the south where the interpreted Cu-Ag rich ‘feeder’ fault pierced by drilling along the main discovery trend appears to correlate with mineralization approx. 350m along strike to the ENE, intersected in G11-3552-08 (see solid and dashed purple lines in Exhibit 4). Drilling is ongoing in the NE area to test the above targets.

Copper-Silver Target

Today’s results add to a growing body of evidence that support the interpretation of a Cu-Ag ‘feeder’ fault parallel to and spatially associated with the main Zn-Pb-Ag discovery at Ballywire (see Exhibit 4). With up to 10.45% Cu and 1,880 g/t Ag in a mineralized horizon near a steeply dipping structure, mineralizing fluids are interpreted to have emanated from deeper in the sedimentary sequence (see Exhibit 5). Meanwhile, the stratigraphy of the region suggests that the Lower Limestone Shale horizon exists approximately 100-200m below the discovery horizon (base of the Waulsortian Limestone). This horizon hosts four well known Cu-Ag historic occurrences in the surrounding area (see Denison, Oola, Gortdrum and Tullacondra in Exhibit 8, located approx. 5km, 9km, 10km and 45km away from Ballywire, respectively).

These historic Cu-Ag occurrences can be interpreted as the eroded remnants of originally more vertically extensive mineralizing systems, likely representing the roots of stratigraphically higher Zn-Pb-Ag mineralization. At Ballywire, the mineralizing system has the potential to be much larger than its neighbouring occurrences (based on a relatively larger footprint to date); additionally, any Cu-Ag mineralization would notionally be intact below the existing Zn-Pb-Ag mineralization.

Given the compelling nature of this exploration model, Group Eleven added a third rig and began drilling this deeper Cu-Ag target this week.

Exhibit 4. Plan Map Showing Interpreted Cu-Ag ‘Feeder’ at Ballywire

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/251260_exhibit4.jpg

Exhibit 5. Cross-Section Showing Hypothesized Cu-Ag Mineralization in the Lower Limestone Shale

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/251260_exhibit5.jpg

Exhibit 6. Oblique 3D View of Cu-Ag Mineralization at Ballywire

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/251260_exhibit6.jpg

Note: Bodies shown (calcite, Zn-Pb-Ag and Cu-Ag) are not constrained by any grade cut-off and are meant for illustrative purposes only

Exhibit 7. Regional Gravity at Ballywire Showing 6km Long Prospective Trend

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/251260_exhibit7.jpg

Notes to Exhibit 8: (a) Pallas Green MRE is owned by Glencore (see Glencore’s Resources and Reserves Report dated December 31, 2024); (b) Stonepark MRE: see the ‘NI 43-101 Independent Report on the Zinc-Lead Exploration Project at Stonepark, County Limerick, Ireland’, by Gordon, Kelly and van Lente, with an effective date of April 26, 2018, as found on SEDAR; and (c) the historic estimate at Denison was reported by Westland Exploration Limited in ‘Report on Prospecting Licence 464’ by Dermot Hughes dated May, 1988; the historic estimate at Gortdrum was reported in ‘The Geology and Genesis of the Gortdrum Cu-Ag-Hg Orebody’ by G.M. Steed dated 1986; and the historic estimate at Tullacondra was first reported by Munster Base Metals Ltd in ‘Report on Mallow Property’ by David Wilbur, dated December 1973; and later summarized in ‘Cu-Ag Mineralization at Tullacondra, Mallow, Co. Cork’ by Wilbur and Carter in 1986; the above three historic estimates have not been verified as current mineral resources; none of the key assumptions, parameters and methods used to prepare the historic estimates were reported and no resource categories were used; significant data compilation, re-drilling and data verification may be required by a Qualified Person before the historic estimates can be verified and upgraded to be compliant with current NI 43-101 standards; a Qualified Person has not done sufficient work to classify them as a current mineral resource and the Company is not treating the historic estimates as current mineral resources. ‘Rathdowney Trend’ is the south-westerly projection of the Rathdowney Trend, hosting the historic Lisheen and Galmoy mines.

Exhibit 8. Regional Map of Ballywire Discovery and Surrounding Cu-Ag Historic Occurrences

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/251260_exhibit8.jpg

Qualified Person

Technical information in this news release has been approved by Professor Garth Earls, Eur Geol, P.Geo, FSEG, geological consultant at IGS (International Geoscience Services) Limited, and independent ‘Qualified Person’ as defined under Canadian National Instrument 43-101.

Sampling and Analytical Procedures

All core drilled at Ballywire is NQ (47.6mm) and is cut using a rock saw. Sample intervals vary between 0.42m to 1.3m with the majority of samples in the 0.79m to 0.99m range. The half-core samples are bagged, labelled and sealed at Group Elevens core store facility in Limerick, Ireland. Selected sample bags are examined by the Qualified Person. Transport is via an accredited courier service and/or by Group Eleven staff to ALS Laboratories in Loughrea Co. Galway, Ireland. Sample preparation at the ALS facility comprises fine crushing 70%

Quality Assurance/Quality Control (QA/QC) Information

Group Eleven inserts certified reference materials (‘CRMs’ or ‘Standards’) as well as blank material, to its sample stream as part of its industry-standard QA/QC programme. The QC results have been reviewed by the Qualified Person, who is satisfied that all the results are within acceptable parameters. The Qualified Person has validated the sampling and chain of custody protocols used by Group Eleven.

About Group Eleven Resources

Group Eleven Resources Corp. (TSXV: ZNG) (OTC Pink: GRLVF) (FSE: 3GE) is drilling the most significant mineral discovery in the Republic of Ireland in over a decade. The Company announced the Ballywire discovery in September 2022, demonstrating high grades of zinc, lead, silver, copper, germanium and locally, antimony. Key intercepts to date include:

  • 10.8m of 10.0% Zn+Pb and 109 g/t Ag (G11-468-03)
  • 10.1m of 8.6% Zn+Pb and 46 g/t Ag (G11-468-06)
  • 10.5m of 14.7% Zn+Pb, 399 g/t Ag and 0.31% Cu (G11-468-12)
  • 11.2m of 8.9% Zn+Pb and 83 g/t Ag (G11-3552-03)
  • 29.6m of 10.6% Zn+Pb, 78 g/t Ag and 0.15% Cu (G11-3552-12) and
  • 11.8m of 11.6% Zn+Pb, 48 g/t Ag (G11-3552-18)
  • 15.6m of 11.6% Zn+Pb, 122 g/t Ag and 0.19% Cu (G11-3552-27)
  • 12.0m of 1.4% Zn+Pb, 560 g/t Ag, 2.30% Cu and 0.17% Sb (25-3552-31), including
  • 6.4m of 2.1% Zn+Pb, 838 g/t Ag, 3.72% Cu and 0.27% Sb (25-3552-31)

Ballywire is located 20km from Company’s 77.64%-owned Stonepark zinc-lead deposit1, which itself is located adjacent to Glencore’s Pallas Green zinc-lead deposit2. The Company’s two largest shareholders are Glencore Canada Corp. (16.1% interest) and Michael Gentile (16.0%). Additional information about the Company is available at www.groupelevenresources.com.

ON BEHALF OF THE BOARD OF DIRECTORS
Bart Jaworski, P.Geo.
Chief Executive Officer

E: b.jaworski@groupelevenresources.com | T: +353-85-833-2463
E: j.webb@groupelevenresources.com | T: 604-644-9514

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

Cautionary Note Regarding Forward-Looking Information

This press release contains forward-looking statements within the meaning of applicable securities legislation. Such statements include, without limitation, statements regarding the future results of operations, performance and achievements of the Company, including the timing, content, cost and results of proposed work programs, the discovery and delineation of mineral deposits/resources/ reserves and geological interpretations. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-Looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward-looking statements as a result of various factors, including, but not limited to, variations in the nature, quality and quantity of any mineral deposits that may be located. All of the Company’s public disclosure filings may be accessed via www.sedarplus.ca and readers are urged to review these materials, including the technical reports filed with respect to the Company’s mineral properties.

APPENDIX – CORE PHOTOS
COPPER-SILVER ZONE IN HOLE 25-3551-31
(With Key Assay Results and Brief Descriptions of Key Mineralogy)

Core Boxes 103-105

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/251260_d0b183a384f7ba3f_009full.jpg

Core Boxes 106-108

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https://images.newsfilecorp.com/files/5685/251260_d0b183a384f7ba3f_010full.jpg

Core Boxes 109-111

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/251260_d0b183a384f7ba3f_011full.jpg

(1) Close-Up Core Photo

Above: Dolomitized Waulsortian Limestone, cross-cut by sulphide bearing veins (suspected tennatite-tetrahedrite, chalcopyrite and/or pyrite)

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/251260_d0b183a384f7ba3f_012full.jpg

(2) Close-Up Core Photo

Above: Suspected tennantite/tetrahedrite (grey), chalcopyrite and pyrite (yellow) and calcite (white)

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/251260_d0b183a384f7ba3f_013full.jpg

(3) Close-Up Core Photo

Above: Chalcopyrite with some pyrite (yellow) and suspected tennantite/tetrahedrite (grey), calcite (white)

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/251260_d0b183a384f7ba3f_014full.jpg

(4) Close-Up Core Photo

Above: Semi-massive chalcopyrite and pyrite (yellow), galena (reflective grey)

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/251260_d0b183a384f7ba3f_015full.jpg

(5) Close-Up Core Photo

Above: Waulsortian Limestones (grey), calcite (white), pyrite and chalcopyrite (yellow)

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/251260_d0b183a384f7ba3f_016full.jpg

(6) Close-Up Core Photo

Above: Suspected tennantite and tetrahedrite (dark grey), chalcopyrite (yellow), calcite (white)

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/251260_d0b183a384f7ba3f_017full.jpg

(6a) Close-Up Core Photo

Above: Suspected tennantite and tetrahedrite (dark grey), chalcopyrite (yellow), calcite (white)

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/251260_d0b183a384f7ba3f_018full.jpg

(7) Close-Up Core Photo

Above: Suspect tennantite and tetrahedrite (dark grey), chalcopyrite (yellow), calcite (white)

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/251260_d0b183a384f7ba3f_019full.jpg

(8) Close-Up Core Photo

Above: Chalcopyrite (yellow), suspected tennantite/tetrahedrite (grey), calcite (white)

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/251260_d0b183a384f7ba3f_020full.jpg

(9) Close-Up Core Photo

Above: Fault zone (juxtaposing sub-Waulsortian lithologies against Waulsortian Limestone)

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/251260_d0b183a384f7ba3f_021full.jpg

1 Stonepark MRE is 5.1 million tonnes of 11.3% Zn+Pb (8.7% Zn and 2.6% Pb), Inferred (Apr-17-2018)
2 Pallas Green MRE is 45.4 million tonnes of 8.4% Zn+Pb (7.2% Zn + 1.2% Pb), Inferred (Glencore, Dec-31-2024)

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/251260

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Los Andes Copper at 121 Mining Investment London

Los Andes Copper Ltd. (TSXV: LA) (OTCQX: LSANF) (‘Los Andes’ or the ‘Company’) is pleased to announce that the Company will be attending and participating in the upcoming 121 Mining Investment London event (‘121’) on 12-13 May 2025.

The 121 conference is London’s largest dedicated mining investment event with over 100 companies and more than 400 sophisticated investors attending for two days of pre-booked 1-2-1 meetings.

Alongside the curated schedule of pre-booked meetings matching investors with appropriate projects, the conference program will provide expert commentary and the latest market intelligence on key industry developments.

About Los Andes Copper Ltd.

Los Andes Copper Ltd. is an exploration and development company with an 100% interest in the Vizcachitas Project in Chile. The Company is focused on progressing the Project, which is located along Chile’s most prolific copper belt, into production. Vizcachitas is one of the largest copper deposits in the Americas not controlled by the majors and the Company believes it will be Chile’s next major copper mine.

The Project is a copper-molybdenum porphyry deposit, located 150 kilometres north of Santiago, in an area of very good infrastructure. An independent technical report for the PFS, prepared in accordance with NI 43-101, is available on the Company’s SEDAR profile.

Los Andes Copper Ltd. is listed on the TSX-V under the ticker: LA.

For more information please contact:

Santiago Montt, CEO
santiago.montt@losandescopper.com
Tel: +56 2 2954-0450

Elizabeth Johnson, Investor Relations
Elizabeth.johnson@losandescopper.com

E-Mail: info@losandescopper.com or visit our website at: www.losandescopper.com
Follow us on X: @LosAndesCopper
Follow us on LinkedIn: Los Andes Copper Ltd

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/251284

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Bold Ventures to Present at Metals Investor Forum in Vancouver on May 9, 2025

Bold Ventures Inc. (TSXV: BOL) (the ‘Company’ or ‘Bold’) is pleased to announce that the Company will be presenting at Metals Investor Forum (MIF) on May 9 at The Rosewood Hotel, 801 W Georgia St, Vancouver, BC. The Company’s President and COO, Bruce MacLachlan, and the Company’s V.P. Exploration, Coleman Robertson, will be present during the conference.

John Kaiser, author of Kaiser Research Online, will be introducing Coleman Robertson at 4:50 p.m. Local Time, who will provide an overview and update on the Company’s assets and plans for the upcoming field season. Please see the link to the May 9 Metals Investor Forum web page.

The Bold exhibition booth at the Forum will showcase various samples, maps and photographs from the Company’s properties. Of particular interest is the recent high-grade gold discovery at the Burchell Project. The 111 Zone discovery yielded impressive gold values ranging from 10 ppb Au up to 68,000 ppb Au (68 g/t Au or 2.2 oz./t Au). See Bold press releases dated December 12, 2024 and January 9, 2025.

The technical information in this news release was reviewed and approved by Coleman Robertson, B.Sc., P. Geo., the Company’s V.P. Exploration and a qualified person (QP) for the purposes of NI 43-101.

Bold Ventures management believes our suite of Battery, Critical and Precious Metals exploration projects are an ideal combination of exploration potential meeting future demand. Our target commodities are comprised of: Copper (Cu), Nickel (Ni), Lead (Pb), Zinc (Zn), Gold (Au), Silver (Ag), Platinum (Pt), Palladium (Pd) and Chromium (Cr). The Critical Metals list and a description of the Provincial and Federal electrification plans are posted on the Bold Critical and Battery Minerals page.

About Bold Ventures Inc.

The Company explores for Precious, Battery and Critical Metals in Canada. Bold is exploring properties located in active gold and battery metals camps in the Thunder Bay and Wawa regions of Ontario. Bold also holds significant assets located within and around the emerging multi-metals district dubbed the Ring of Fire region, located in the James Bay Lowlands of Northern Ontario.

For additional information about Bold Ventures and our projects please visit boldventuresinc.com or contact us at 416-864-1456 or email us at info@boldventuresinc.com.

‘Bruce A MacLachlan’ ‘David B Graham’
Bruce MacLachlan David Graham
President and COO CEO
   
Direct line: (705) 266-0847  
   
Email: bruce@boldventuresinc.com  

 

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

Cautionary Note Regarding Forward-Looking Statements: This Press Release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words ‘may’, ‘would’, ‘could’, ‘will’, ‘intend’, ‘plan’, ‘anticipate’, ‘believe’, ‘estimate’, ‘expect’ and similar expressions are intended to identify forward-looking statements. Such statements reflect our current views with respect to future events and are subject to such risks and uncertainties. Many factors could cause our actual results to differ materially from the statements made, including those factors discussed in filings made by us with the Canadian securities regulatory authorities. Should one or more of these risks and uncertainties, such actual results of current exploration programs, the general risks associated with the mining industry, the price of gold and other metals, currency and interest rate fluctuations, increased competition and general economic and market factors, occur or should assumptions underlying the forward looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. We do not intend and do not assume any obligation to update these forward-looking statements, except as required by law. Shareholders are cautioned not to put undue reliance on such forward-looking statements.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/251201

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