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‘A moral stain’: Former UK prime minister, Global Commission deliver new report calling to eradicate modern slavery by 2030

A group of powerful anti-slavery advocates issued a warning Tuesday, declaring that “millions of lives are at risk” unless urgent, coordinated international action is taken to eliminate modern slavery by the year 2030.

Chaired by former UK prime minister, Baroness Theresa May, the Global Commission on Modern Slavery and Human Trafficking formally delivered a new report to UN Secretary-General António Guterres in New York. The 150-page report, entitled “No Country is Immune,” paints a grim picture of systemic failures and global inaction, while outlining clear steps needed to provide help to the millions of people currently trapped in modern slavery worldwide.

According to the commission, the report is meant as a wake-up call to members of the United Nations, warning that failure to act will not only hinder the achievement of Sustainable Development Goal 8.7, which aims to eradicate modern slavery by 2030, but could also endanger countless more lives. It calls for immediate, tangible changes across governments, businesses and civil society sectors.

“Talking to organizations involved in supporting victims and dealing with this issue, we realized the political will to act had gone. And that’s primarily why we’ve produced this report, to raise the political momentum and get people to recognize they need to act now,” said May.

Central to the report is a newly developed Prevention Framework, modeled after the 2014 Prevention of Genocide Framework by Adama Dieng, former UN Under-Secretary-General and Special Advisor of the Secretary General on the Prevention of Genocide. This model seeks to help nations understand the root causes of modern slavery and provide practical tools for identifying and combating its many forms.

An estimated 50 million people worldwide are enslaved today, which includes forced labor and forced marriages.

The commission’s policy recommendations include urging UN member states to adopt enforceable and effective domestic laws, establish a unified global definition of modern slavery and demand greater accountability from businesses to eliminate forced labor in global supply chains.

Also in attendance at the report launch event was Nasreen Sheikh, a survivor of modern slavery turned advocate, who urged world leaders to confront the consequences of unconscious global consumption and economic indifference.

This post appeared first on cnn.com

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Israel orders closure of six UN schools in East Jerusalem after raids

Israeli forces raided six United Nations schools in East Jerusalem, ordering them to close within 30 days, according to UNRWA, the UN agency for the Palestinian refugees, and the Israeli Ministry of Education.

Approximately 800 students will be directly impacted by the closure orders and may not be able to finish the school year, UNRWA’s Commissioner-General Philippe Lazzarini said on social media. Schools run by the agency serve Palestinians in areas occupied by Israel, including East Jerusalem, the West Bank and Gaza.

“UNRWA schools are protected by the privileges and immunities of the United Nations,” Lazzarini said. “Today’s unauthorized entries and issuance of closure orders are a violation of these protections.”

Israel’s Ministry of Education said in a statement that parents were directed to register their students at other schools. “The professional staff at the Ministry of Education continue to support the educational framework for each student.”

In October, Israel’s parliament passed a law banning UNRWA from activity within Israel and revoking the 1967 treaty that allowed the agency to carry out its mission.

Yulia Malinovsky, a member of the Israeli parliament who sponsored the bill to ban UNRWA, confirmed the closure orders. The schools will have until May 8, she said.

“We’re also working very hard to close the water and electricity to all of UNRWA’s facilities (in areas occupied by Israel),” Malinovsky said. “We’re doing everything we can to implement the UNRWA bills fully in all institutions and in all aspects.”

Israel has long sought to dismantle the UN agency, arguing that some of its employees are members of Hamas and that UNRWA’s education system teaches students to hate Israel.

A UN-commissioned inquiry found that examples in textbooks of anti-Israel bias were “marginal” but nonetheless constituted “a grave violation of neutrality.”

The Israel Defense Forces (IDF) have alleged that a handful of UNRWA’s 13,000 employees in Gaza participated in the October 7 massacre. UNRWA has repeatedly denied these accusations, saying there is “absolutely no ground for a blanket description of ‘the institution as a whole’ being ‘totally infiltrated.’”

UNRWA was founded by the United Nations a year after the 1948 creation of Israel that led to the displacement of hundreds of thousands of Palestinians from their homes in an event known by Palestinians as the “Nakba” (catastrophe).

The agency, which began by assisting about 750,000 Palestinian refugees in 1950, now serves some 5.9 million across the Middle East, many of whom live in refugee camps in the Gaza Strip, the West Bank and East Jerusalem as well as in Jordan, Lebanon, Syria.

In the Gaza Strip, which has been ravaged by a devastating Israeli war for more than a year, UNRWA serves some 1.7 million Palestinian refugees. In the West Bank and East Jerusalem, it assists around 871,500 refugees.

This post appeared first on cnn.com

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Maverick Metals Secures US$19 Million to Fast Track Metals Recovery Tech

Private specialty chemicals company Maverick Metals has raised US$19 million in a seed funding round led by Olive Tree Capital to accelerate the commercialization of its flagship lixiviant technology, LithX.

Unlike traditional acid-based processes, LithX enables cost-effective, ambient temperature leaching of refractory ores like chalcopyrite, unlocking metals previously considered uneconomical or too environmentally burdensome to process.

“As the US accelerates its push for domestic critical metals production, LithX provides a scalable, commercially viable path to securing essential materials,” said Eric Herrera, co-founder and CEO of Maverick.

The US$19 million funding round includes participation from high-profile investors such as Y Combinator, Hanwha Group, Liquid 2 Ventures, Nomadic Venture Partners, Soma Capital and TechNexus Venture Collaborative.

The capital will enable the company to expand pilot deployments in collaboration with major mining companies and scale its commercialization efforts.

Meeting rising metals demand with tech solutions

Global copper demand is expected to double by 2035, reaching approximately 50 million metric tons annually, driven largely by energy transition technologies, electric vehicles and infrastructure development.

But even as mining companies race to keep pace, challenges like declining ore grades, environmental restrictions and rising costs continue to limit production.

Maverick states that its proprietary lixiviant works at ambient temperatures and neutral pH levels, offering a safer, cheaper and more sustainable alternative to traditional acid leaching.

The technology enables the recovery not only of copper, but also valuable by-products such as molybdenum, gold, silver and even rare earths from a variety of unconventional sources — including tailings, smelter slag and coal fly ash.

According to Maverick, its LithX technology has demonstrated a range of benefits that could reshape the economics and the overall environmental footprint for metals processing.

For instance, the technology increases recovery rates at ambient temperatures, significantly reducing energy costs. It also eliminates the need for acid addition, offering a safer and more sustainable alternative to traditional methods.

In addition, Maverick notes that the process mitigates the risk of acid contamination and hazardous reagent exposure, enhancing worker safety — a key concern in traditional mining operations.

“We are pleased to announce our investment in and support of Maverick Metals,” said Nichola Eliovits, managing partner at Olive Tree Capital, in the company’s release. “We believe LithX has the potential to significantly increase the range of viable resources available to help alleviate global supply constraints.”

While copper remains a primary focus, LithX has shown versatility for a range of critical metals, such as high lithium extraction from spodumene and enhanced rare earths and gallium recovery from minerals like allanite and monazite.

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

This post appeared first on investingnews.com

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Oil Markets Buckle Under Tariff Pressure, Recession Fears Tank Prices

The global oil market is facing a sharp downturn as a wave of recession fears, aggressive trade policies and a surprise supply boost from OPEC+ collide to send prices tumbling to multi-year lows.

Although crude prices staged a modest recovery on Tuesday (April 8), the broader market trajectory remains grim, with Brent and West Texas Intermediate (WTI) crude now trading well below levels needed for profitable production in the US.

Oil prices have dropped precipitously since early April, reaching levels not seen since 2021 on April 4 soon after US President Donald Trump’s announcement of sweeping new tariffs on dozens of countries.

Brent and WTI remain depressed despite small upticks on Tuesday, with Brent rising 1.03 percent to reach US$64.87 per barrel, and WTI gaining 1.24 percent to hit US$61.45 per barrel.

Double hit: Tariff shock and OPEC+ supply surge

The catalysts for the broad decline are a one-two punch of a deepening trade conflict between the US and China, and a surprise production surge from OPEC+ nations.

Trump’s tariff announcement — described by JPMorgan (NYSE:JPM) as the ‘largest tax hike on Americans since 1968’ — has rattled global markets and sent oil traders into a panic over demand destruction.

Beijing has responded with defiance, promising to fight to the end and calling Washington’s demands “blackmail.’

At the same time, OPEC+ — the alliance of major oil producers led by Saudi Arabia and Russia — announced an unexpected increase of 411,000 barrels per day in May output, compressing three months of planned supply expansion into a single move. The boost comes after months of US pressure to increase supply and push down energy prices.

But the timing could not have been worse for American producers. Analysts say the combined impact of slowing global trade and higher supply of the energy fuel has left the American oil industry vulnerable. Prices have dropped below the US$65 threshold needed to sustain profitable drilling activity across much of the US.

According to the latest Dallas Federal Reserve energy survey, even operations in the Permian Basin — the lowest-cost production zone in the country — require crude to trade above US$61 to remain economically viable.

“You’re probably seeing more pauses of initial investment intention than the initial Covid shock. It’s really bamboozling,” Rory Johnston, a veteran oil analyst and publisher of the Commodity Context newsletter, told Heatmap.

“Everything else is really, really starting to grind to a halt, and you’re not seeing anyone jumping over themselves to ‘drill, baby, drill,’ despite the White House’s claims,” Johnston added.

Equity markets have punished energy companies accordingly. Oilfield services giant Halliburton (NYSE:HAL) shed 20 percent in a single week, while Nabors Industries (NYSE:NBR) lost 30 percent in just five days.

The oil majors fared slightly better, but still saw significant losses, with ExxonMobil (NYSE:XOM) down 10 percent, Occidental Petroleum (NYSE:OXY) down 15 percent and Chevron (NYSE:CVX) falling 13 percent.

Tariff fallout threatens global energy outlook

There is growing concern among market watchers that if economic activity continues to weaken under the weight of tariffs, further declines in both oil and gas demand are likely.

Crucially, many of the countries most affected by Trump’s tariffs — particularly in Southeast Asia — were previously projected to drive the bulk of oil and energy demand growth over the next decade.

Vietnam, Cambodia and four other Southeast Asian nations were hit with tariffs exceeding 45 percent, prompting concerns that their economies could stall or contract.

“The macro concern is that if these tariffs stay where they are, this is in a global recession, if not a depression-making place,” Johnston elaborated in his conversation with Heatmap. “And given that the highest tariff rates are on Asia in particular, and that’s where all growing oil demand is, it’s not good for oil.”

Meanwhile, US producers are grappling with higher costs for drilling inputs due to tariffs on steel, aluminum and other industrial goods. Johnston explained in a Bluesky post that drillers have reported a 30 percent spike in the cost of tubular steel pipe, a critical material for oil and gas wells, since Trump implemented a 25 percent steel tariff in February.

So far, OPEC+ officials have not signaled any plans to curb output again.

For now, the market remains volatile, and producers are in a state of limbo. Despite early promises of energy dominance and renewed drilling, Trump’s policy choices have left the sector reeling.

“The administration’s chaos is a disaster for the commodity markets. ‘Drill, baby, drill’ is nothing short of a myth and populist rallying cry. Tariff policy is impossible for us to predict and doesn’t have a clear goal,” one executive told the Dallas Fed last month.

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

This post appeared first on investingnews.com

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Silver Crown Royalties Purchases 1,000 Ounces of Physical Silver

(TheNewswire)

Silver Crown Royalties Inc. ( Cboe: SCRI, OTCQX: SLCRF, BF: QS0 ) ( ‘Silver Crown’ ‘SCRi’ the ‘Corporation’ or the ‘Company’ ) is pleased to announce the purchase of 1,000 ounces of physical silver in the spot market as part of its silver exposure strategy

Click Image To View Full Size

Click Image To View Full Size

The purchase was completed at an average price of $30.65 per ounce and reflects an 8% discount to 20-day VWAP and an 11% discount to recent highs. The average price was based on spot price of US$30.15 per ounce plus a premium of US$0.50 per ounce, for a total investment of US$30,650. The physical silver will be stored with Money Metals Depository LLC, with the exact location to be confirmed, potentially at a designated sub-custodian facility managed by the depository.

Photo Credit: MoneyMetals.com

Peter Bures, Silver Crown’s Chief Executive Officer, commented, ‘We strive to maintain an adequate working capital position of at least six months. We feel it is only prudent as a silver only royalty company to convert a portion of that cash to physical silver. SCRi’s ultimate vision is to provide a vehicle that serves as a hedge against currency devaluation, and we therefore feel it would be hypocritical to have exposure to 100% fiat money. We appreciate our investors want exposure to silver, not fiat, which they can achieve easily without our assistance. The purchase was made with a cash payment received from PPX effectively converting a cash payment to physical silver bullion delivery.’

ABOUT Silver Crown Royalties INC.

Founded by industry veterans, Silver Crown Royalties ( Cboe: SCRI | OTCQX: SLCRF | BF: QS0 ) is a publicly traded, silver royalty company. Silver Crown (SCRi) currently has four silver royalties of which three are revenue-generating. Its business model presents investors with precious metals exposure that allows for a natural hedge against currency devaluation while minimizing the negative impact of cost inflation associated with production. SCRi endeavors to minimize the economic impact on mining projects while maximizing returns for shareholders. For further information, please contact:

Silver Crown Royalties Inc.

Peter Bures, Chairman and CEO

Telephone: (416) 481-1744

Email: pbures@silvercrownroyalties.com

FORWARD-LOOKING STATEMENTS

This release contains certain ‘forward looking statements’ and certain ‘forward-looking information’ as defined under applicable Canadian and U.S. securities laws. Forward-looking statements and information can generally be identified by the use of forward-looking terminology such as ‘may’, ‘will’, ‘should’, ‘expect’, ‘intend’, ‘estimate’, ‘anticipate’, ‘believe’, ‘continue’, ‘plans’ or similar terminology. The forward-looking information contained herein is provided for the purpose of assisting readers in understanding management’s current expectations and plans relating to the future. Readers are cautioned that such information may not be appropriate for other purposes. Forward-looking statements and information include, but are not limited to, SCRi’s ultimate vision is to provide a vehicle that serves as a hedge against currency devaluation, and we therefore feel it would be hypocritical to have exposure to 100% fiat money . Forward-looking statements and information are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that, while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual actions, events or results to be materially different from those expressed or implied by such forward-looking information, including but not limited to: the impact of general business and economic conditions; the absence of control over mining operations from which SCRi will purchase gold and other metals or from which it will receive royalty payments and risks related to those mining operations, including risks related to international operations, government and environmental regulation, delays in mine construction and operations, actual results of mining and current exploration activities, conclusions of economic evaluations and changes in project parameters as plans continue to be refined; accidents, equipment breakdowns, title matters, labor disputes or other unanticipated difficulties or interruptions in operations; SCRi’s ability to enter into definitive agreements and close proposed royalty transactions; the inherent uncertainties related to the valuations ascribed by SCRi to its royalty interests; problems inherent to the marketability of gold and other metals; the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; industry conditions, including fluctuations in the price of the primary commodities mined at such operations, fluctuations in foreign exchange rates and fluctuations in interest rates; government entities interpreting existing tax legislation or enacting new tax legislation in a way which adversely affects SCRi; stock market volatility; regulatory restrictions; liability, competition, the potential impact of epidemics, pandemics or other public health crises on SCRi’s business, operations and financial condition, loss of key employees. SCRi has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information. SCRi undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management’s best judgment based on information currently available.

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

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

Copyright (c) 2025 TheNewswire – All rights reserved.

News Provided by TheNewsWire via QuoteMedia

This post appeared first on investingnews.com

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Heliostar Drills 8.85 Metres Grading 25.0 g/t Gold and 768 g/t Silver at the La Colorada Mine, Sonora, Mexico

HIGHLIGHTS:

  • 8.85m grading 25.0 g/t gold and 768 g/t silver
  • 8.55m grading 5.52 g/t gold and 121 g/t silver
  • 3.5m grading 5.41 g/t gold and 87 g/t silver
  • 5.5m grading 11.1 g/t gold
  • 2.9m grading 10.5 g/t gold
  • 4.6m grading 5.78 g/t gold
  • 5.75m grading 4.72 g/t gold
  • Higher-grade intercepts demonstrate underground potential beyond the current open pit
  • The success of this drill program called for additional step-out drilling. Results for these drill holes are expected in Q2, 2025
  • La Colorada technical report update incorporating these results is expected in mid-2025

Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) (‘Heliostar’ or the ‘Company’) is pleased to announce additional results from a 12,500-metre drilling program at the La Colorada Mine in Sonora, Mexico. La Colorada restarted production in early January 2025, and the current drill program is intended to expand the mineral reserves ahead of an updated technical report and expansion decision planned for mid-2025.

Heliostar CEO, Charles Funk, commented, ‘Heliostar closed the first quarter of 2025 with a US$27M (C$38M) cash balance, over half of which was generated from operating profits. This places the Company in a strong position to achieve our planned production and resource growth goals. Today’s results reflect these growth plans and further cement our confidence in the future of La Colorada. They are expected to positively impact the economics of the mine when we update the La Colorada technical report in mid-2025. Our goal is for the study to support a decision to expand production to 50,000 to 100,000 ounces of gold per year. Additionally, the high-grades intersected demonstrate a potential underground future for the mine. We intend to target these deeper zones in more detail after we complete the technical report.’

Drill Results Summary

Mineralization at La Colorada’s Creston Pit is predominantly hosted in three veins: the North, Intermediate and South Veins (Figure 1). These veins trend northeast-southwest to east-west, dip northward and are surrounded by halos of smaller mineralized vein zones. The Creston Pit has historically mined oxide gold and silver from all three of these veins. A current Probable Mineral Reserve of 312,000 ounces of gold grading 0.76 grams per tonne (g/t) gold and 5,074,000 ounces of silver at 10.1 g/t silver is defined at the Creston Pit1.

A technical review of expansion potential identified two opportunities for reserve growth. The near-surface extensions of known veins with little or no drill data and exploring the under-sampled mineralization beneath the pit. Both opportunities were defined using historical drilling, blast hole data, mining shapes, and the geological model.

Figure 1: Plan view of the Creston Pit showing historic drilling, blast hole samples and Heliostar drill holes.
Selected intercepts are labelled.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7729/247879_ef50e500f496a835_003full.jpg

Figure 2: Cross-section view looking west at the western end of the Creston Pit. The section shows historic drilling and new Heliostar drill hole results below the planned pit boundary.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7729/247879_ef50e500f496a835_004full.jpg

Blast hole data clearly shows the potential for a continuation of veins at shallow depths. They contain elevated gold grades that continue to the edge of the pit walls, where they remain open for expansion (Figure 1). At depth, drill spacing is wider than the area above. Additional drilling allows for improved estimation of grade and continuity.

The Company has completed seventy-two holes totalling 11,075 metres in the program to date. This release reports results for twenty-three new holes. The majority of the new drill holes targeted extensions of the North, Intermediate, and South Veins in areas where drilling is widely spaced yet within the current resource. They aim to add ounces to the overall El Creston resources and reserves.

Assay results show narrow to wide, low- to high-grade oxide gold intercepts. Targeted vein zones consistently return intercepts above the 0.16 g/t gold-equivalent cutoff grade of reserves within the Creston pit. The results may increase the tonnes and grade of mineralization in an updated pit shell. If so, that would add to the total reserves in an updated technical report.

Further, the success of the drill program to date has required modification of the remaining drill program plans. Numerous step-out drill holes have been added to follow-up on intercepts reported here. Results remain pending for these follow-up drill holes and are expected to be received in April and May.

Next Steps

Results from the current drill program are being incorporated into a resource model. They will support a reserve update to be published with a technical report in mid-2025.

This drill program is important because if it increases the volume of rock containing gold mineralization, it could improve the overall mine economics. Any zones of waste material with new gold intercepts from this program have the potential to reduce the overall strip ratio of the Creston pit expansion.

That, in turn, could reduce the up-front capital requirements for the restart and improve the economics of the Technical Report. This study will be the basis of a decision for the expansion of production at La Colorada.

The Company anticipates additional drilling results from the current program will be released in Q2, 2025.

La Colorada Mineral Reserves Statement

Classification Zone AuEq
Cut-off
(g/t)		 Tonnes
(kt)		 Gold Grade
(g/t Au)		 Silver
Grade
(g/t Ag)		 Contained
Gold
(koz)		 Contained Silver 
(koz)
Probable El Crestón 0.160 12,841 0.76 10.1 312 4,181
Veta Madre 0.175 1,905 0.70 3.1 43 189
La Chatarrera 0.164 3,413 0.20 6.4 22 704
Total 18,159 0.65 8.69 377 5,074

 

1. La Colorada Operations, Sonora, Mexico, NI 43-101 Technical Report (the ‘Report’) is dated January 11, 2024, has an effective date of December 4, 2024.

Drilling Results Table

HoleID From
(metres)		 To
(metres)		 Interval
(metres)		 Au
(g/t)		 Ag
(g/t)		 % True
Width		 Comment
24-LCDD-262 36.35 40.4 4.05 0.53 8.6 94 South Vein
24-LCDD-263 Abandoned
24-LCDD-264 165.05 178.4 13.35 0.34 43 74 North Vein
24-LCDD-265 8.35 11.1 2.75 0.34 6.2 28 South Vein
and 15.7 20.55 4.85 0.24 5.2 28 South Vein
and 76.9 92.3 15.4 0.19 2.8 44 South Vein
24-LCDD-266 22.3 28.95 6.65 0.50 2.5 82 South Vein
24-LCDD-267 No significant intervals
24-LCDD-268 15.85 28.1 12.25 0.40 4.8 15 South Vein
and 77.9 90.0 12.1 0.19 6.8 61 South Vein
24-LCDD-269 163.75 181.65 17.9 1.69 8.8 84 North Vein
including 167.7 172.3 4.6 5.78 16 84 North Vein
24-LCDD-270 24.55 33.4 8.85 1.89 82 89 South Vein
including 29.0 33.4 4.4 3.52 155 90 South Vein
24-LCDD-271 4.0 11.95 7.95 0.38 12 84 Intermediate Vein
and 50.0 58.85 8.85 25.0 768 71 South Vein
50.0 58.85 8.85 10.4 768 71 Top-cut to 20 g/t gold
and 64.2 68.0 3.8 4.32 178 70 South Vein
24-LCDD-272 2.05 35.6 33.55 1.04 22 68 Intermediate Vein
including 6.0 8.85 2.85 6.10 135 68 Intermediate Vein
and 70.2 80.85 10.65 0.22 5.4 81 South Vein
and 90.8 94.3 3.5 5.41 88 79 South Vein
90.8 94.3 3.5 4.31 88 79 Top-cut to 20 g/t gold
including 90.8 91.35 0.55 27.0 433 79 South Vein
90.8 91.35 0.55 20.0 433 79 Top-cut to 20 g/t gold
and 103.65 104.4 0.75 10.3 255 79 South Vein
and 107.55 112.05 4.5 0.84 23 79 South Vein
24-LCDD-273 7.85 10.2 2.35 0.45 10 79 Intermediate Vein
and 48.0 69.75 21.75 2.37 62 87 South Vein
48.0 69.75 21.75 1.97 62 87 Top-cut to 20 g/t gold
including 59.25 67.8 8.55 5.52 121 87 South Vein
59.25 67.8 8.55 4.50 121 87 Top-cut to 20 g/t gold
24-LCDD-274 103.8 126.15 22.35 0.21 6.5 67 North Vein
and 137.4 147.6 10.2 0.39 6.4 67 North Vein
25-LCDD-275 20.4 23.35 2.95 2.07 166 75 Intermediate Vein
and 29.25 33.75 4.5 0.40 9.0 89 Intermediate Vein
and 88.85 101.85 13.0 0.57 8.8 42 Intermediate Vein
and 120.55 128.1 7.55 0.72 13 100 South Vein
25-LCDD-276 104.7 135.95 31.25 0.53 4.2 49 North Vein
and 155.15 170.25 15.1 0.45 2.4 49 North Vein
25-LCDD-277 No significant intervals
25-LCDD-278 6.25 9.0 2.75 1.06 63 100 South Vein
and 14.1 33.0 18.9 0.61 31 100 South Vein
25-LCDD-279 0.0 5.6 5.6 0.72 30 100 Intermediate Vein
and 62.0 83.85 21.85 0.63 9.6 99 South Vein
25-LCDD-280 130.05 135.6 5.55 0.26 57 88 North Vein
and 141.85 145.9 4.05 0.27 54 88 North Vein
25-LCDD-281 Abandoned
25-LCDD-282 11.15 16.5 5.35 0.67 39 33 Intermediate Vein
25-LCDD-283 60.5 66.2 5.7 1.51 20 90 Intermediate Vein
and 82.15 99.65 17.5 1.90 6.8 84 Intermediate Vein
82.15 99.65 17.5 1.53 6.8 84 Top-cut to 23 g/t gold
including 89.05 91.95 2.9 10.5 15 84 Intermediate Vein
89.05 91.95 2.9 8.32 15 84 Top-cut to 23 g/t gold
and 107.0 110.0 3.0 1.92 21 85 Intermediate Vein
and 127.0 132.5 5.5 11.1 23 88 Intermediate Vein
127.0 132.5 5.5 9.14 23 88 Top-cut to 23 g/t gold
and 165.1 173.0 7.9 0.20 1.0 96 South Vein
and 179.95 191.85 11.9 0.23 2.2 96 South Vein
25-LCDD-284 52.0 61.0 9.0 1.87 3.2 84 Intermediate Vein
including 53.0 55.4 2.4 6.14 6.1 84 Intermediate Vein
and 69.2 74.6 5.4 0.52 3.2 84 Intermediate Vein
and 128.0 150.7 22.7 0.53 2.1 84 South Vein
25-LCDD-285 45.3 50.2 4.9 0.36 27 87 Intermediate Vein
and 79.45 100.75 21.3 0.28 9.8 84 Intermediate Vein
and 109.65 123.55 13.9 0.24 2.7 87 Intermediate Vein
and 130.15 140.1 9.95 0.38 5.0 99 Intermediate Vein
and 190.2 201.0 10.8 1.25 0.7 92 South Vein
including 199.05 201.0 1.95 5.94 1.1 94 South Vein
25-LCDD-286 38.05 43.8 5.75 4.72 10 92 Intermediate Vein
including 38.05 43.8 5.75 2.41 10 92 Top-cut to 23 g/t gold
and 67.5 95.45 27.95 0.35 7.7 95 Intermediate Vein
and 163.9 171.15 7.25 0.59 5.1 91 South Vein
25-LCDD-287 8.15 17.4 9.25 1.02 2.5 79 Intermediate Vein
and 28.05 39.7 11.65 0.63 6.3 74 Intermediate Vein
and 56.5 61.45 4.95 0.33 3.0 68 Intermediate Vein
and 116.0 146.75 30.75 0.18 1.4 86 South Vein
25-LCDD-288 13.4 17.0 3.6 0.46 15 91 Intermediate Vein
and 48.5 70.1 21.6 0.33 2.5 77 Intermediate Vein
and 120.75 125.5 4.75 0.58 1.0 99 South Vein
and 130.9 150.65 19.75 0.99 5.9 99 South Vein
including 132.0 133.1 1.1 10.1 50 99 South Vein
25-LCDD-289 10.5 23.05 12.55 0.55 17 95 North Vein
and 56.95 64.0 7.05 2.62 8.8 92 Intermediate Vein
including 56.95 58.9 1.95 8.76 14 92 Intermediate Vein
and 125.0 133.65 8.65 0.15 5.0 84 Intermediate Vein
and 169.3 179.4 10.1 0.82 4.1 82 Intermediate Vein

 

Table 2: Significant Drill Intersections

Drilling Coordinates Table

Hole ID Northing
(NAD27 CONUS
Zone 12N)		 Easting
(NAD27 CONUS
Zone 12N)		 Elevation
(metres)		 Azimuth
(°)		 Inclination
(°)		 Length
(metres)
24-LCDD-265 3185570 542775 389.8 000 -47 113.4
24-LCDD-266 3185676 542725 274.8 180 10 96.05
24-LCDD-267 3185754 543056 438.3 187 -40 69.5
24-LCDD-268 3185555 542750 392.4 000 -45 102.85
24-LCDD-269 3185954 542540 331.2 179 -60 298.3
24-LCDD-270 3185622 542401 206.7 202 -32 75.35
24-LCDD-271 3185633 542396 207.2 220 -31 124.45
24-LCDD-272 3185664 542415 206.5 217 -36 147.7
24-LCDD-273 3185636 542403 205.9 200 -54 114.05
24-LCDD-274 3185816 542788 248.7 000 +2 159.3
25-LCDD-275 3185715 542439 215.5 180 -56 167.0
25-LCDD-276 3185949 542700 315.6 180 -83 225.35
25-LCDD-277 3185853 542315 353.9 180 -56 258.6
25-LCDD-278 3185618 542414 209.0 180 0 55.15
25-LCDD-279 3185683 542515 198.1 180 -20 105.0
25-LCDD-280 3185810 542265 360.0 178 -50 325.7
25-LCDD-281 3185886 542389 346.7 178 -47 149.35
25-LCDD-282 3185786 542515 220.3 180 -85 124.6
25-LCDD-283 3185843 542685 237.6 169 -57 246.35
25-LCDD-284 3185822 542751 244.4 179 -62 191.4
25-LCDD-285 3185839 542715 240.5 173 -61 240.25
25-LCDD-286 3185837 542701 239.5 180 -48 205.05
25-LCDD-287 3185758 542735 251.1 215 -60 150.15
25-LCDD-288 3185817 542726 242.4 180 -58 180.5
25-LCDD-289 3185895 542775 305.9 193 -60 292.25

 

Table 3: Drill Hole Details

Quality Assurance / Quality Control

Core was drilled with PQ, HQ, and NQ tools, and the drill core was sawn in half, with one half submitted for analysis and one half retained as a record. Core samples were shipped to ALS Limited in Hermosillo, Sonora, Mexico, for sample preparation and for analysis at the ALS laboratory in North Vancouver. The Hermosillo and North Vancouver ALS facilities are ISO/IEC 17025 certified. Gold was assayed by a 30-gram fire assay with an atomic absorption spectroscopy finish, and overlimits were analyzed by a 30-gram fire assay with a gravimetric finish.

Control samples comprising certified reference and blank samples were systematically inserted into the sample stream and analyzed as part of the Company’s quality assurance / quality control protocol.

Statement of Qualified Person

Gregg Bush, P.Eng. and Stewart Harris, P.Geo., the Company’s Qualified Persons, as such term is defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects, have reviewed the scientific and technical information that forms the basis for this news release and has approved the disclosure herein. Mr. Bush is employed as Chief Operating Officer of the Company, and Mr. Harris is employed as Exploration Manager of the Company.

Technical Report Reference

1 La Colorada Operations, Sonora, Mexico, NI 43-101 Technical Report (the ‘Report’) is dated January 11, 2024, has an effective date of December 4, 2024, and was prepared for Heliostar Metals Inc. by Mr. Todd Wakefield, RM SME, Mr. David Thomas, P.Geo., Mr. Jeffrey Choquette, P.E., Mr. Carl Defilippi, RM SME, and Ms. Dawn Garcia, CPG. The Report can be found under the Company’s profile on SEDAR+ (www.sedarplus.ca) and on Heliostar’s website (www.heliostarmetals.com).

About Heliostar Metals Ltd.
Heliostar is a gold mining company with production from operating mines in Mexico. This includes the La Colorada Mine in Sonora and the San Agustin Mine in Durango. The Company also has a strong portfolio of development projects in Mexico and the USA. These include the Ana Paula project in Guerrero, the Cerro del Gallo project in Guanajuato, the San Antonio project in Baja Sur and the Unga project in Alaska, USA.

FOR ADDITIONAL INFORMATION PLEASE CONTACT:

Charles Funk
President and Chief Executive Officer
Heliostar Metals Limited
Email: charles.funk@heliostarmetals.com
Phone: +1 844-753-0045		 Rob Grey
Investor Relations Manager
Heliostar Metals Limited
Email: rob.grey@heliostarmetals.com
Phone: +1 844-753-0045

 

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 Statement Regarding Forward-Looking Information

This news release includes certain ‘Forward-Looking Statements’ within the meaning of the United States Private Securities Litigation Reform Act of 1995 and ‘forward-looking information’ under applicable Canadian securities laws. When used in this news release, the words ‘anticipate’, ‘believe’, ‘estimate’, ‘expect’, ‘target’, ‘plan’, ‘forecast’, ‘may’, ‘would’, ‘could’, ‘schedule’ and similar words or expressions, identify forward-looking statements or information. These forward-looking statements or information relate to, among other things, this places the Company in a strong position to achieve our planned production and resource growth goals. Today’s results reflect these growth plans and further cement our confidence in the future of La Colorada. They are expected to positively impact the economics of the mine when we update the La Colorada technical report in mid-2025. Our goal is for the study to support a decision to expand production to 50,000 to 100,000 ounces of gold per year. Additionally, the high grades intersected demonstrate a potential underground future for the mine. We intend to target these deeper zones in more detail after we complete the technical report. The Company anticipates additional drilling results from the current program will be released in Q2, 2025.

Forward-Looking statements and forward-looking information relating to the terms and completion of the Facility, any future mineral production, liquidity, and future exploration plans are based on management’s reasonable assumptions, estimates, expectations, analyses and opinions, which are based on management’s experience and perception of trends, current conditions and expected developments, and other factors that management believes are relevant and reasonable in the circumstances, but which may prove to be incorrect. Assumptions have been made regarding, among other things, the receipt of necessary approvals, price of metals; no escalation in the severity of public health crises or ongoing military conflicts; costs of exploration and development; the estimated costs of development of exploration projects; and the Company’s ability to operate in a safe and effective manner and its ability to obtain financing on reasonable terms.

These statements reflect the Company’s respective current views with respect to future events and are necessarily based upon a number of other assumptions and estimates that, while considered reasonable by management, are inherently subject to significant business, economic, competitive, political, and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance, or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements or forward-looking information and the Company has made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: precious metals price volatility; risks associated with the conduct of the Company’s mining activities in foreign jurisdictions; regulatory, consent or permitting delays; risks relating to reliance on the Company’s management team and outside contractors; risks regarding exploration and mining activities; the Company’s inability to obtain insurance to cover all risks, on a commercially reasonable basis or at all; currency fluctuations; risks regarding the failure to generate sufficient cash flow from operations; risks relating to project financing and equity issuances; risks and unknowns inherent in all mining projects, including the inaccuracy of reserves and resources, metallurgical recoveries and capital and operating costs of such projects; contests over title to properties, particularly title to undeveloped properties; laws and regulations governing the environment, health and safety; the ability of the communities in which the Company operates to manage and cope with the implications of public health crises; the economic and financial implications of public health crises, ongoing military conflicts and general economic factors to the Company; operating or technical difficulties in connection with mining or development activities; employee relations, labour unrest or unavailability; the Company’s interactions with surrounding communities; the Company’s ability to successfully integrate acquired assets; the speculative nature of exploration and development, including the risks of diminishing quantities or grades of reserves; stock market volatility; conflicts of interest among certain directors and officers; lack of liquidity for shareholders of the Company; litigation risk; and the factors identified under the caption ‘Risk Factors’ in the Company’s public disclosure documents. Readers are cautioned against attributing undue certainty to forward-looking statements or forward-looking information. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or forward-looking information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements or information, other than as required by applicable law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/247879

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1911 Gold Successfully Re-Enters the True North Mine and Receives Manitoba Mineral Development Fund Grant

1911 Gold Corporation (‘ 1911 Gold ‘ or the ‘ Company ‘) (TSXV: AUMB; OTCQB: AUMBF) is pleased to announce that the Company has completed the re-commissioning of the True North mine hoist system in the A Shaft and is now focused on completing all necessary electrical and mechanical work down to Level 16 of the underground mine. Several levels within the True North Mine are now accessible for rehabilitation, including Level 16 at a depth of 695 m below surface, and will be used for our underground drilling to reach key targets identified by the exploration team, including following the SAM Southeast and West targets to depth.

Highlights:

  • On March 19, 2025 , the Company received approval from the Mines Safety Unit for Workplace Safety and Health to commence hoist operations at the True North mine.
  • On March 23, 2025 , a maintenance crew completed the A Shaft inspection from surface down to Level 16 ( 695 m ).
  • Level 16 is a key level for the next phase of underground diamond drilling, as it requires minimal investment to provide the best access to multiple underground exploration targets.
  • On March 25 , 2025, Seok Joon Kim, P. Eng., joined the Company to work closely with Éric Vinet on the Company’s redevelopment strategy.
  • On April 2, 2025 , a Hancon Mining Inc. team completed the evaluation of the underground workings on Level 16, identifying areas that required rehabilitation and ventilation improvement to allow underground drilling to commence.
  • An unmanned cage has now reached Level 26 ( 1,145 m ), indicating that the deepest level of the shaft is dry and has no water. This will significantly reduce the anticipated dewatering time and cost of the mine at depth.
  • Overall, conditions in the underground mine were better than anticipated, with communications and electrical equipment quickly brought online in central areas and work well underway to extend this to new target areas.
  • The Company has been   approved for a $286,000 grant from the Manitoba Mineral Development Fund (‘MMDF’) to support the 2025 drill program.

Over the last several months, the Company has worked closely with key contractors to re-commission the hoist system for the A Shaft, providing access to the True North underground mine. This included full inspection and testing of all mechanical, electrical, and shaft infrastructure to ensure safe and effective operation of the hoist. Tests completed included stress testing of the hoist cables, free fall (drop) testing of the conveyances with full anticipated loads, and testing of the software for control systems. Approval from the Mine Safety Administration was received in mid-March, and inspection and repairs to the A Shaft commenced on March 20, 2025 . On March 23, 2025 , the maintenance team gained access to Level 16 and completed a thorough inspection of the electrical connections and communications system.

On April 3, 2025 , a thorough inspection of Level 16 and Level 3 ( 122 m ) (used for the San Antonio West target) was completed to identify rehabilitation work that will be required. Based on this inspection, the Company plans to complete the necessary rehabilitation by late May, including re-aligning the rail tracking, re-establishing electrical and ventilation to key parts of the drift, and reinforcing areas where drill pads are required.

The lack of water on Level 26 ( 1,145 m ), the deepest level of A Shaft, is a positive development and will allow ready access to a significant portion of the current resource. This also expedites the Company’s ability to target new resource expansion areas and commence redevelopment of the deeper portions of the mine.

Previously, on January 15, 2025 , the Company also opened and inspected the Hinge and Cohiba access declines. These declines also provide access to the 007, L-13 and L-10 deposits, key resource expansion areas.

‘This achievement is a critical step forward for 1911 Gold in pursuit of our restart strategy.’ Shaun Heinrichs , President and CEO, stated, ‘With access to Levels 3, 8 ( 340 m ), and 16, we will be able to aggressively pursue our resource growth strategy with an efficient and productive drill program from the underground. We are now closer to some of the best targets in the underground mine and have easy access to both new targets we identified as well as infill and extensions to the 43-101 resource released on November 20, 2024 . This is the next phase for 1911 Gold, and our team is excited about the opportunity this presents.’

On March 25, 2025 , Seok Joon Kim P.Eng ., an experienced underground mine engineer, joined the Company to work closely with Éric Vinet to build an underground mining strategy, support the exploration team, and oversee underground redevelopment activities.

Next Steps

With access to the underground now established, the Company will commence planning work for the rehabilitation of Levels 3, 8, and 16 in the underground to support future planned exploration. This will also facilitate the mine planning work underway, as the Company can inspect underground workings and determine development timelines and costs. Over the coming months, the Company expects to build a plan for future production that will be used to guide the underground drill targeting and assist in prioritizing target areas based on their near-term production potential, as well as define areas of significant resource growth.

Manitoba Mineral Development Fund

The Company is also pleased to report that it has been approved for a $285,636 grant from the Manitoba Mineral Development Fund (‘MMDF’) to support the 2025 drill program at the True North project in Manitoba, Canada .

Proceeds from this grant will go directly to fund the 2025 drill program that commenced in October 2024 , with a projected total of 30,000 meters of drilling within the mine lease area planned. This program continues to advance several new surface targets identified by 1911 Gold, based on the improved geological model developed in conjunction with the extensive work undertaken in 2024 to complete the mineral resource update (see news release dated November 20, 2024 ).

Deferred Share Units

The Company will also issue 125,000 deferred share units (‘DSUs’) to four directors under the LTIP in respect of Q1-2025 director fees. Each DSU entitles the holder to receive one share of the Company, or in certain circumstances a cash payment equal to the value of one share of the Company, at the time the holder ceases to be a director of the Company.

About 1911 Gold Corporation

1911 Gold is a junior explorer that holds a highly prospective, consolidated land package totaling more than 61,647 hectares within and adjacent to the Archean Rice Lake Greenstone belt in Manitoba , and also owns the True North mine and mill complex at Bissett, Manitoba . 1911 Gold believes its land package is a prime exploration opportunity, with the potential to develop a mining district centred on the True North complex. The Company also owns the Apex project near Snow Lake, Manitoba and the Denton-Keefer project near Timmins, Ontario , and intends to focus on organic growth and accretive acquisition opportunities in North America .

1911 Gold’s True North complex and exploration land package are located within the traditional territory of the Hollow Water First Nation, signatory to Treaty No. 5 (1875-76). 1911 Gold looks forward to maintaining open, co-operative and respectful communication with the Hollow Water First Nation, and all local stakeholders, in order to build mutually beneficial working relationships.

ON BEHALF OF THE BOARD OF DIRECTORS

Shaun Heinrichs
President and CEO

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

This news release may contain forward-looking statements. Often, but not always, forward-looking statements can be identified by the use of words such as ‘plans’, ‘expects’ or ‘does not expect’, ‘is expected’, ‘budget’, ‘scheduled’, ‘estimates’, ‘forecasts’, ‘intends’, ‘anticipates’ or ‘does not anticipate’, or ‘believes’, or describes a ‘goal’, or variation of such words and phrases or state that certain actions, events or results ‘may’, ‘could’, ‘would’, ‘might’ or ‘will’ be taken, occur or be achieved.

All forward-looking statements reflect the Company’s beliefs and assumptions based on information available at the time the statements were made. Actual results or events may differ from those predicted in these forward-looking statements. All of the Company’s forward-looking statements are qualified by the assumptions that are stated or inherent in such forward-looking statements, including the assumptions listed below. Although the Company believes that these assumptions are reasonable, this list is not exhaustive of factors that may affect any of the forward-looking statements.

Forward-looking statements involve known and unknown risks, future events, conditions, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, prediction, projection, forecast, performance or achievements expressed or implied by the forward-looking statements. All statements that address expectations or projections about the future, including, but not limited to, statements with respect to the terms of the Offering, the use of proceeds of the Offering, the timing and ability of the Company to close the Offering, the timing and ability of the Company to receive necessary regulatory approvals, the tax treatment of the securities issued under the Offering, the timing for the Qualifying Expenditures to be renounced in favour of the subscribers, and the plans, operations and prospects of the Company, are forward-looking statements. Although 1911 Gold has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

All forward-looking statements contained in this news release are given as of the date hereof. The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except in accordance with applicable securities laws.

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.

SOURCE 1911 Gold Corporation

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/April2025/09/c1593.html

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Prince Harry arrives at court to fight downgraded UK police protection ruling

The Duke of Sussex arrived at a London court on Tuesday to challenge the British government’s decision to downgrade his level of taxpayer-funded security while he is visiting the United Kingdom.

After Harry and his wife, Meghan, Duchess of Sussex, announced they were stepping down as working members of the Royal Family in 2020, the Royal and VIP Executive Committee (Ravec) decided the couple would no longer be given the “same degree” of protection when in the country.

While he no longer uses the HRH title, Harry is still a member of the British royal family and fifth in line to the British throne.

In a rare visit to the UK since moving to California, Harry, the younger son of King Charles, arrived at London’s Court of Appeal for a two-day hearing in which he is challenging the decision by the Home Office, the ministry responsible for the committee.

He is not expected to give evidence during the two-day hearing, and a written ruling is expected at a later date.

Harry has often voiced his fears over his family’s safety and has been critical of press intrusion which he blames for the death of his mother, Diana, who died in a car crash in 1997 while being pursued by paparazzi in Paris.

During the full hearing of Harry’s claim in late 2023, the duke told the court in a statement the UK is “central to the heritage of my children,” Prince Archie and Princess Lilibet, and that he wants them to “feel at home” in the UK as much as in the United States.

“I cannot put my wife in danger like that and, given my experiences in life, I am reluctant to unnecessarily put myself in harm’s way too,” his statement said.

Harry’s lawyers told the court that he felt “singled out” by the Ravec decision, while the government argued that Ravec was obliged to approach matters “on a case-by-case basis.”

Harry’s legal action against the Home Office at the time was unsuccessful and the court initially refused him permission to appeal. However, the Court of Appeal agreed in June 2024 to hear the duke’s case, following a direct application from Harry’s lawyers.

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    This legal case was one of several that Harry has undertaken in the UK. In January, Harry said he had secured a “monumental victory” by settling his case over allegations of unlawful information gathering conducted by Rupert Murdoch’s British newspaper group.

    The duke had sued News Group Newspapers (NGN) – publisher of British tabloids The Sun and the now-shuttered News of the World – claiming journalists and private investigators working for the publications had targeted him and his family between 1996 and 2011.

    Tuesday’s appeal comes shortly after the prince quit as patron of Sentabele, a charity he co-founded in honor of his mother to help young people with HIV and AIDS in Lesotho and Botswana. Sophie Chandauka, the charity’s chair, accused Harry of bullying and misogyny. Harry said he had resigned “in shock” and “heartbroken.” The UK charities watchdog announced last week it had opened a regulatory compliance case.

    Harry’s father, King Charles, will not be in the UK during the two-day security arrangements hearing. Charles and his wife, Queen Camilla, are on a state visit to Italy, where they received a full ceremonial welcome on Tuesday morning, meeting President Sergio Mattarella at the Quirinale Palace before viewing a flypast by the Frecce Tricolori and Red Arrows.

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    China lashes out at JD Vance for calling Chinese people ‘peasants’

    China on Tuesday slammed US Vice President JD Vance for referring to the Chinese people as “peasants” in an interview that has drawn widespread ire and ridicule on China’s internet – and comparisons with Vance’s own self-proclaimed “hillbilly” background.

    Speaking to Fox News last Thursday, Vance defended President Donald Trump’s market-hammering tariffs and railed against the “globalist economy.”

    “What has the globalist economy gotten the United States of America? And the answer is, fundamentally, it’s based on two principles – incurring a huge amount of debt to buy things that other countries make for us,” Vance told news show “Fox & Friends.”

    “To make it a little more crystal clear, we borrow money from Chinese peasants to buy the things those Chinese peasants manufacture.”

    Asked about Vance’s comments at a regular news briefing Tuesday, Chinese Foreign Ministry spokesperson Lin Jian said: “It’s both astonishing and lamentable to hear this vice president make such ignorant and disrespectful remarks.”

    Clips of Vance’s interview made their way to the Chinese internet this week, drawing an intense backlash in a country where factory floors are lined with industrial robots, cities are embracing homegrown electric vehicles and remote counties are connected by a nationwide web of high-speed railways.

    “This true ‘peasant’ who came out of rural America seems to have a lack of perspective,” said Hu Xijin, the influential former editor-in-chief of state-run tabloid Global Times, in a post on microblogging site Weibo. “Many people are urging him to come and see China for himself.”

    A hashtag on Vance’s remarks became the top trending topic on Weibo on Monday night. By Tuesday afternoon, it had racked up 140 million views.

    “Look, this is their true face — arrogant and rude as always,” said a comment with 2,900 likes.

    “We may be peasants, but we have the world’s best high-speed rail system, the most powerful logistics capabilities, and leading AI, autonomous driving, and drone technologies. Aren’t such peasants quite impressive?” another said.

    Others noted the irony of Vance’s comments given his own working-class upbringing as depicted in his 2016 memoir “Hillbilly Elegy.”

    In the book, Vance chronicles a childhood plagued by poverty, abuse and his mother’s drug addiction and spent partly in Appalachia, a corner of the United States he felt had been forgotten by wealthy elites. The book by Vance – a venture capitalist before his foray into politics – caused a sensation after Trump’s first election win and was widely seen as an explanation for the billionaire’s rise among the White working class.

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    At least 15 dead, more than 100 injured in roof collapse at Dominican Republic nightclub

    At least 15 people died and more than 100 were injured after a roof fell at a nightclub in the capital of the Dominican Republic early Tuesday, authorities said.

    Crews were searching for potential survivors in the rubble at Jet Set in Santo Domingo, said Juan Manuel Méndez, director of the Center of Emergency Operations.

    “We presume that many of them are still alive, and that is why the authorities here will not give up until not a single person remains under that rubble,” he said.

    Among the injured is merengue singer Rubby Pérez, who was performing when the roof collapsed, officials said.

    President Luis Abinader wrote on X that all rescue agencies are “working tirelessly” to help those affected.

    “We deeply regret the tragedy that occurred at the Jet Set nightclub. We have been following the incident minute by minute since it occurred,” he wrote.

    Abinader arrived at the scene and hugged those looking for friends and family, some with tears streaming down their faces. He did not speak to reporters.

    An official with a megaphone stood outside the club imploring the large crowd that had gathered to search for friends and relatives to give ambulances space.

    “You have to cooperate with authorities, please,” he said. “We are removing people.”

    At one hospital where the injured were taken, an official stood outside reading aloud the names of survivors as a crowd gathered around her and yelled out the names of their loved ones.

    It wasn’t immediately clear what caused the roof to collapse.

    This is a developing story and will be updated.

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