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Angkor Finalizes Disposition of Oyadao North License in Ratanakiri, Cambodia

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(TheNewswire)

GRANDE PRAIRIE, ALBERTA TheNewswire – October 24, 2025 – Angkor Resources Corp. (TSXV: ANK,OTC:ANKOF) (‘ANGKOR’ OR ‘THE COMPANY’) announces it has finalized the sale of all mineral rights on Oyadao North license to Almighty Natural Resources (‘Almighty’).

Angkor negotiated a sale of mineral rights of the Oyadao North license to Almighty Natural Resources and announced on June 26, 2024.   After delays from Almighty, the Company received $325,000 US as the final cash component in the transfer of license to Almighty and signed a 4% Net Smelter Royalty for Angkor to receive on production revenue from any mineral recovered and produced from the Oyadao North license.  The Company provided written confirmation to the Ministry of Mines and Energy of its agreement to transfer mineral rights.

Hommy Resources Ltd., holding a 30% interest in the property, chose to receive shares for their entire interest in the sale of the license, and participated in the shares for debt announced on Sept 23, 2025 receiving a total of 542,857 common shares of Angkor.

With final documentation completed on the disposition, Angkor continues with its priority projects of Block VIII onshore oil and gas, and its two remaining mineral licenses, Andong Meas in Ratanakiri and Andong Bor, which straddles Oddar Meanchey and Banteay Meanchey provinces in northwest Cambodia.

==================================================================

ABOUT Angkor Resources CORPORATION:

Angkor Resources Corp. is a public company, listed on the TSX-Venture Exchange, and is a leading resource optimizer in Cambodia working towards mineral and energy solutions across Canada and Cambodia.   Since 2022, Angkor’s Canadian subsidiary, EnerCam Exploration Ltd., has been involved in gas/carbon capture and oil and gas production in Saskatchewan, Canada.  ANGKOR’s carbon capture and gas conservation project is part of its long-term commitment to Environmental and Social projects and cleaner energy solutions across jurisdictions.

The company’s mineral subsidiary, Angkor Gold Corp. in Cambodia holds two mineral exploration licenses in Cambodia with multiple prospects in copper and gold.

Its Cambodian energy subsidiary, EnerCam Resources, was granted an onshore oil and gas license of 7300 square kilometers in the southwest quadrant of Cambodia called Block VIII.   The company then removed all parks and protected areas and added 220 square kilometers, making the just over 4095 square kilometers.  EnerCam is actively advancing oil and gas exploration onshore Cambodia to meet its mission of discovering and proving commercial oil and gas in Cambodia.

CONTACT: Delayne Weeks – CEO

Email: info@angkorresources.com Website: angkor resources.com Telephone: +1 (780) 831-8722

Please follow @AngkorResources on , , , Instagram and .

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.

Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including, but not limited to the potential for gold and/or other minerals at any of the Company’s properties, the prospective nature of any claims comprising the Company’s property interests, the impact of general economic conditions, industry conditions, dependence upon regulatory approvals, uncertainty of sample results, timing and results o f future exploration, and the availability of financing.  Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.

Copyright (c) 2025 TheNewswire – All rights reserved.

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Thor Energy Plans to Recover Uranium, Critical Minerals from Colorado Mine Waste

Investing 3 Mins Read

Thor Energy (ASX:THR,LSE:THR,OTCQB:THORF) has finalized a binding agreement with US-based DISA Technologies to treat abandoned uranium mine waste in Colorado to recover saleable uranium and other critical minerals as well.

Under the agreement, DISA will deploy its patented High-Pressure Slurry Ablation (HPSA) technology at Thor’s Colorado uranium projects, which are held through its US subsidiary, Standard Minerals. The company owns 25 percent of the uranium mineral rights, while the remaining 75 percent is held by London-listed Metals One (LSE:MET1).

Thor said it will receive a share of gross revenues generated from the sale of uranium and critical mineral concentrates recovered from the sites, with no capital or operating expenditures required on its part.

“This agreement finalises the details under which Thor will potentially generate revenue from the recovery of uranium and critical metals from its Colorado projects,” said Andrew Hume, Thor’s managing director and CEO.

“It is also fantastic to report that the US Nuclear Regulatory Commission has granted DISA a Service Provider’s License to remediate abandoned uranium mine waste. DISA is now the first company in the US to receive such approvals.”

DISA’s newly granted Service Providers License (SPL) from the US Nuclear Regulatory Commission (NRC) allows it to proceed with remediation of legacy uranium waste sites across the country.

The license, secured after a multi-year review process that began in 2021, enables DISA to operate modular mobile treatment plants using HPSA technology, a process designed to recover valuable resources from waste while mitigating environmental hazards.

Under the agreement, DISA will act as the project operator, responsible for all costs related to evaluation, permitting, treatment, and remediation.

Meanwhile, Thor, through Standard Minerals, will receive between 2.5 and 4 percent of gross product sales, depending on market conditions.

Beyond resource recovery, the process is expected to deliver environmental benefits by improving water quality and restoring legacy mine sites to productive use.

The project aligns closely with recent US policy efforts to unlock domestic mineral supplies from legacy sites. The Department of the Interior’s Secretarial Order No. 3436, issued earlier this year, directs agencies to accelerate recovery of critical and strategic minerals from mine waste and streamline permitting processes.

Next steps for Thor and DISA include conducting a detailed characterization program using assays and gamma probes to determine the quantity of recoverable minerals in the waste dumps.

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

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Torchlight Innovations Inc.Opens the Market

Investing 1 Min Read

Duane Nelson, President and Chief Executive Officer, Torchlight Innovations Inc. (TSXV: RZL) (‘Company’), and its executive management team, joined Omar Khafagy, Head Client Success, Toronto Stock Exchange (‘TSX’), to open the market and celebrate the Company’s new listing on TSX Venture Exchange.

Torchlight Innovations Inc., doing business as RZOLV Technologies (‘RZOLV’), is a Canadian clean-technology company redefining the $240 billion global gold mining sector. Their proprietary RZOLV formula provides a safer, more eco-friendly alternative to the $2B of cyanide used annually. RZOLV delivers similar leach kinetics and recoveries—at similar costs on ores, concentrates, and tailings. The Company is transitioning from pilot to commercial rollout with strong industry partnerships and recurring-revenue potential from reagent sales and licensing agreements. As the mining sector accelerates toward ESG-aligned operations, RZOLV stands at the intersection of profit and sustainability—offering investors scalable exposure to one of the most transformative shifts in modern resource extraction.

MEDIA CONTACT:
Duane Nelson
President & CEO
604-512-8118

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/271794

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Business

Trump’s Argentina beef import plan will harm U.S. ranchers, industry warns

Business 2 Mins Read

The American cattle ranching industry is blasting President Donald Trump’s proposal to purchase beef from Argentina in an effort to lower supermarket beef prices.

“This plan only creates chaos at a critical time of the year for American cattle producers, while doing nothing to lower grocery store prices,” Colin Woodall, CEO of the National Cattlemen’s Beef Association, said in a statement Monday.

Wyoming-based cattle operation Meriwether Farms addressed Trump directly in a social media post Monday.

“We love you and support you — but your suggestion to buy beef from Argentina to stabilize beef prices would be an absolute betrayal to the American cattle rancher,” the farm wrote on X.

By midday Tuesday, the post had already received 4 million views. A representative for Meriwether Farms did not immediately respond to a request for comment.

Trump floated purchasing beef from the South American nation Sunday aboard Air Force One to push down U.S. beef prices by increasing the overall supply.

‘We would buy some beef from Argentina,’ he told reporters, ‘If we do that, that will bring our beef prices down.’

Beef prices have hit record highs this year, according to data from the Bureau of Labor Statistics, fueled in part by depleted herd counts and steady demand from U.S. consumers.

This post appeared first on NBC NEWS

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Business

Travis Kelce part of investor group aiming to revive struggling Six Flags

Business 2 Mins Read

A group that includes activist investor Jana Partners and NFL player Travis Kelce says it has accumulated one of the largest ownership stakes in Six Flags Entertainment and intends to press the company’s leadership on ways to improve the struggling amusement park operator’s business.

Jana said Tuesday that the investor group now owns an economic interest of approximately 9% in Six Flags. The group plans to ‘engage’ with Six Flags’ management and board of directors to discuss ways to enhance shareholder value and improve visitors’ experience.

Shares in the Charlotte, North Carolina-based Six Flags surged 17.7% on the news. The shares added another 5.1% gain in after-hours trading. Even with Tuesday’s rally, the company’s shares are down about 47% so far this year.

Six Flags reported a loss of $319.4 million for the first half of the year. The company said attendance fell 9% in the three months that ended June 29, due partly to bad weather and a ‘challenged consumer’ in most of the markets it operates in.

The investor group also includes consumer executive Glenn Murphy and technology executive Dave Habiger.

Kelce, tight end for the Kansas City Chiefs, said in a statement that he grew up going to Six Flags amusement parks.

‘The chance to help make Six Flags special for the next generation is one I couldn’t pass up,’ he said.

This post appeared first on NBC NEWS

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Business

X-ray tables, hidden cameras: The tech in rigged poker games linked to the mob and NBA

Business 5 Mins Read

Card-reading contact lenses, X-ray poker tables, trays of poker chips that read cards, hacked shuffling machines that predict hands. The technology alleged to have been used to execute a multistate, rigged poker operation sounds like it’s straight out of Hollywood.

And those were only some of the gadgets that authorities say were used to swindle millions of dollars from unsuspecting victims through rigged, high-dollar, underground poker games over more than five years.

A sprawling indictment unsealed Thursday by the U.S. attorney for the Eastern District of New York charged Chauncey Billups, the head coach of the NBA’s Portland Trail Blazers, and Damon Jones, a former NBA player, along with members of the Mafia and dozens of other defendants, with being part of a conspiracy.

The victims were “at the mercy of concealed technology, including rigged shuffling machines and specially designed contacts lenses and sunglasses to read the backs of playing cards, which ensured that the victims would lose big,” U.S. Attorney Joseph Nocella of Brooklyn said in a statement.

Cheating at poker is as old as poker itself. But today, wearable tech and nano-cameras are putting even upstanding poker players on their guard.

The defendants used “special contact lenses or eyeglasses that could read pre-marked cards,” Nocella said at a news conference announcing the indictments.

He also showed a photo of an X-ray table that “could read cards face down on the table … because of the X-ray technology.”

An X-ray poker table in an image from defendant Robert Stroud’s iCloud account.U.S. Justice Department

“Defendants used other cheating technologies, such as poker chip tray analyzers, which is a poker chip tray that secretly reads cards using a hidden camera,” he said.

And while marking poker cards so they are visible only with special eyewear is an old trick, new radio-frequency identification and infrared technologies have ramped up the sophistication levels.

Technically speaking, many of the devices involved in the alleged scam authorities detailed Thursday are relatively cheap to manufacture, said Sal Piacente, a gaming security consultant.

By the time they reach their customers, however, the cost of industrial shufflers or tables can easily approach $100,000, once distributors and middlemen are factored in.

“You could make a lucrative career buying this stuff,” Piacente said.

Casino and gaming security consultants told NBC News that the alleged scheme was possible only because the games were underground. In backrooms, there was none of the surveillance tech that reputable casinos use to catch players cheating.

“A lot of the features which made this scheme so successful would have been ID’d a lot sooner, or very quickly, in a traditional regulated gaming environment,” said Ian Messenger, a former U.K. law enforcement officer and founder and CEO of the Association of Certified Gaming Compliance Specialists.

More than any other tech, it was the reprogramming of the industrial card shufflers — identified in charging documents as Deckmate-brand machines — that authorities said was key to the alleged game rigging.

A DeckMate 2 shuffler taken apart on a table in an image from defendant Shane Hennen’s iCloud account. U.S. Justice Department

Deckmates are not sold directly to the public — though many used ones can be found for sale online. The ones at the high-dollar games cited in the indictment could read cards and predict which player had the best hand. Neither Deckmate nor its parent company, Light & Wonder, were implicated in any way in Thursday’s indictments.

A spokesman for Light & Wonder told NBC News in a statement that the company was aware of reports about the charges against people but said they were not affiliated with the company.

“We sell and lease our automatic card shufflers and other gaming products and services only to licensed casinos and other licensed gaming establishments,” said Andy Fouché, the company’s vice president of communications. “We will cooperate in any law enforcement investigation related to this indictment.”

Reprogramming shufflers is not a new trick. In 2023, hackers at the Black Hat security conference in Las Vegas presented research showing how to hack a Deckmate shuffler and use it to cheat.

The rigged shuffler machines would transmit information about the players’ hands to an off-site “operator,” according to prosecutors.

The computer program showing information transmitted by the rigged shuffling machine in an image from defendant Shane Hennen’s iCloud account. U.S. Justice Department

The operator would then communicate the information to someone else at the table, dubbed the “quarterback.” The victim was known as the “fish.”

Here, the high-tech gadgets met the low-tech of a card game.

The quarterback might touch the $1,000 poker chip or tap his chin or touch his black chips to indicate who at the table had the best hand.

Text messages obtained by prosecutors also appear to show defendants concerned that a fish would leave the table if he lost too many hands.

“Guys please let him win a hand he’s in for 40k in 40 minutes he will leave if he gets no traction,” read one text message released by authorities.

But according to Messenger, the consultant, it was not the tech that made the alleged scheme so successful for so long. What set it apart was the level of communication.

For example, he said, the card information had to be seamlessly passed from the dealing machines to an off-site operator and back to a person back at the table, all without alerting the fish.

“The piece that made this so successful was the coordination, not the technology,” he said.

This post appeared first on NBC NEWS

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North Shore Makes Final Option Payment And Completes Earn-In For West Bear Property

Investing 7 Mins Read

North Shore Uranium Ltd. (TSXV:NSU) (‘North Shore‘ or the ‘Company‘) is pleased to announce that it has met its final earn-in obligation for the West Bear property (‘West Bear‘)under an option agreement dated April 18, 2022 (as amended, the ‘West Bear Option Agreement‘) with Gem Oil Inc. (‘Gem Oil‘), giving the Company the right to acquire a 75% interest in West Bear. West Bear consists of four mining claims totaling 3,927 hectares at the eastern margin of the Athabasca Basin in Saskatchewan.

To satisfy the final $50,000 payment for West Bear, the Company issued 263,157 common shares (the ‘Option Shares‘) at a deemed price of $0.19 per share to Gem Oil. The Options Shares were issued in accordance with the West Bear Option Agreement and are subject to a statutory hold period under applicable Canadian securities laws and a TSX Venture Exchange hold period, both expiring four months and one day from the date of issuance (February 23, 2026). Upon completion of this payment, North Shore has earned a 75% interest in West Bear and a joint venture will be formed with North Shore holding a 75% interest and Gem Oil holding a 25% interest. Gem Oil will be granted a 2% net smelter returns royalty (‘NSR‘), of which North Shore may purchase 1% for $1,000,000 at any time. North Shore retains the right to acquire the remaining 25% interest in West Bear by paying Gem Oil $200,000 in cash and issuing $200,000 in North Shore common shares within 90 days of delivering the Initial Interest Notice to Gem Oil. If North Shore does not exercise this right within the 90-day period, or fails to complete the acquisition, a participating joint venture will be formed as described above.

West Bear is located approximately 35 km southeast of the Cigar Lake uranium mine, and 50 km south of the McClean Lake uranium mill. The West Bear uranium and cobalt-nickel deposits held by Uranium Energy Corp. (‘UEX/UEC‘) are located just north of the property (Figure 1 below). The unconformity between the Athabasca Basin sandstone and the underlying basement rocks crosses the western portion of the property (Figure 1). West Bear saw significant uranium exploration activity between the 1960s and 2015, with a total of 15 exploration holes being drilled, including three by Denison in 2015. Historical exploration data evaluated by the Company includes high-resolution electromagnetic airborne geophysical surveys. In 2022 North Shore completed a gravity-magnetic-radiometric airborne survey over West Bear. The Company has selected several targets that warrant further exploration and evaluation of all exploration data is ongoing.

ABOUT NORTH SHORE

The nuclear power industry is in growth mode as more nuclear power will be required to meet the world’s ambitious CO2 emission-reduction goals and the needs of new power-intensive technologies like AI. In this environment, new discoveries of economic uranium deposits could be very valuable, especially in established uranium-producing jurisdictions like Saskatchewan and New Mexico. North Shore is well-positioned to become a major force in exploration for economic uranium deposits. The Company is working to achieve this goal by exploring its Rio Puerco project in the Grants Uranium District of New Mexico and the Falcon and West Bear properties at the eastern margin of the Athabasca Basin in Saskatchewan. In addition, the Company continues to evaluate quality opportunities in the United States and Canada to complement its portfolio of uranium properties.

Technical information on the West Bear property is provided in the 2023 technical report entitled ‘Technical Report for the West Bear Property, Saskatchewan, Canada’ filed under the profile of North Shore Uranium at www.sedarplus.ca.

QUALIFIED PERSON

Mr. Brooke Clements, MSc, P.Geol., a Qualified Person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects and the President and CEO of North Shore, has reviewed and approved the scientific and technical disclosure in this press release.

ON BEHALF OF THE BOARD

Brooke Clements,
President, Chief Executive Officer and Director

For further information please contact: Brooke Clements, President, Chief Executive Officer and Director

Telephone: 604.536.2711
Email: b.clements@northshoreuranium.com
www.northshoreuranium.com

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

Forward-Looking Statements

This news release contains forward-looking statements relating specifically to the West Bear Property earn-in and the Company’s broader exploration strategy. Forward-looking statements in this release include: the formal completion of the West Bear property earn-in from Gem Oil Inc.; the issuance of common shares to satisfy the final property payment; the formation of a joint venture with Gem Oil and the grant of a net smelter returns royalty; North Shore’s right to acquire the remaining 25% interest in West Bear; the identification of several exploration targets at West Bear; the Company’s belief that it is well-positioned to become a major force in exploration for economic uranium deposits; the Company’s ongoing work to achieve this goal by exploring the Rio Puerco project in New Mexico and the Falcon and West Bear properties in Saskatchewan; and the Company’s continued evaluation of additional uranium opportunities in the United States and Canada. These statements are subject to specific risks and uncertainties, including: the risk that the West Bear Property earn-in may not be completed as anticipated; the risk that the joint venture may not be formed or operated as planned; the risk that North Shore may not exercise its right to acquire the remaining 25% interest; the risk that identified exploration targets may not yield economically viable mineral deposits upon further exploration or drilling; the potential for delays or changes in exploration plans due to environmental conditions, permitting requirements, or logistical challenges in accessing certain areas of the West Bear Property; and the reliance on historical data and previous exploration results, which may have limitations or uncertainties that affect current interpretations. Forward-looking statements are frequently characterized by words such as ‘plan’, ‘project’, ‘appear’, ‘interpret’, ‘coincident’, ‘potential’, ‘confirm’, ‘suggest’, ‘evaluate’, ‘encourage’, ‘likely’, ‘anomaly’, ‘continuous’ and variations of these words as well as other similar words or statements that certain events or conditions ‘could’, ‘may’, ‘should’, ‘would’ or ‘will’ occur. These statements are subject to various risks and uncertainties that may cause actual results to differ materially from those anticipated or implied, including, but not limited to: the speculative nature of mineral exploration and development projects; the ability to obtain necessary permits and approvals; changes in project plans and parameters; variations in mineral grades and recovery rates; accidents, labour disputes and other risks of the mining industry; the availability of funding on terms acceptable to the Company; delays in obtaining governmental approvals or financing; fluctuations in uranium and other metal prices; and other factors described in the Company’s public disclosure documents. There may be other factors that cause actual results, performance, or achievements to differ materially from those anticipated or implied by the forward-looking statements. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events, or results or otherwise. Forward-looking statements are not guarantees of future performance and undue reliance should not be put on such statements due to the inherent uncertainty therein. Any forward-looking statements contained in this news release are expressly qualified in their entirety by this cautionary statement.

Source

Click here to connect with North Shore Uranium Ltd. (TSXV:NSU) to receive an Investor Presentation

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Quimbaya Gold Expands Strategic Land Position at Tahami Project

Investing 6 Mins Read

Company claims 7,637 hectares of new concessions adjacent to its flagship Tahami Project and Aris Mining operation in Segovia, increasing the project footprint from 17,087 to 24,724 hectares and building on recent fieldwork success

Quimbaya Gold Inc. (CSE: QIM,OTC:QIMGF) (OTCQB: QIMGF) (FSE: K05) (‘Quimbaya’ or the ‘Company’) is pleased to announce that it has successfully claimed six new mineral concessions totaling 7,637 hectares, strategically expanding its land position within the Segovia gold district of Antioquia, Colombia. The new claims are contiguous with both the Company’s flagship Tahami Project and properties held by Aris Mining, strengthening Quimbaya’s presence in Segovia.

TECHNICAL FACTS SECTION:

The concessions claimed include the following applications:

  • License 510895 (4,147.91 ha)
  • License 511616 (363.73 ha)
  • License 511617 (703.01 ha)
  • License 511680 (43.95 ha)
  • License 511709 (764.03 ha)
  • License 511874 (1,614.77 ha)

These areas were prioritized following detailed structural interpretation, surface mapping of existing claims, and geochemical sampling on the existing Tahami Project that support the thesis of the continuation of gold-bearing systems across the district.

Alexandre P. Boivin, President and CEO, commented:

‘As a well-established player in Colombia, Quimbaya understands how to build a coherent and strategic exploration portfolio. This latest expansion is a natural continuation of our technical work on the ground and reinforces our long-term commitment to value creation through disciplined land positioning.’

Ricardo Sierra, VP Exploration, commented:

‘The additional ground provides valuable extensions to areas we have been actively exploring. Based on preliminary geological observations and our structural interpretation of the district, we see strong potential for continuity of mineralized systems within these newly claimed areas. These claims are an important step as we broaden our exploration focus across the Tahami Project.’

Figure 1

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11347/271628_cc6f7404f460696b_001full.jpg

Figure 2

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11347/271628_cc6f7404f460696b_002full.jpg

STRATEGIC POSITIONING

The expansion brings Quimbaya’s total land holdings at Tahami to 24,724 significantly enhancing the project’s scale and continuity. The new claims align with known mineralized corridors related to the Segovia vein system and emerging porphyry targets. This additional footprint allows the Company to better control district-scale exploration while maintaining proximity to high-grade production centers.

The Company will continue to refine its regional targeting and prioritize areas for follow-up work in Q4 2025. This expansion aligns with Quimbaya’s broader strategy of building a high-impact, district-scale portfolio within Colombia’s most prolific gold regions.

Qualified Person

The information in this report that relates to Interpretation results and observations is based on information reviewed by Mr. Ricardo Sierra, a Competent Person who is a member of the Australian Institute of Mining and Metallurgy (AusIMM), and a Qualified Person as defined by National Instrument 43-101. Ricardo Sierra consents to the inclusion of Exploration Results based on the information and in the form and context in which it appears.

About Quimbaya

Quimbaya aims to discover gold resources through exploration and acquisition of mining properties in the prolific gold mining districts of Colombia. Managed by an experienced team in the mining sector, Quimbaya is focused on three projects in the regions of Segovia (Tahami Project), Puerto Berrio (Berrio Project), and Abejorral (Maitamac Project), all located in Antioquia Province, Colombia.

Contact Information

Alexandre P. Boivin, President and CEO apboivin@quimbayagold.com

Sebastian Wahl, VP Corporate Development swahl@quimbayagold.com

Quimbaya Gold Inc.
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Cautionary Statements

Certain statements contained in this press release constitute ‘forward-looking information’ as that term is defined in applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein are forward-looking information. Generally, but not always, forward-looking statements and information can be identified by the use of forward-looking terminology such as ‘intends’, ‘expects’ or ‘anticipates’, or variations of such words and phrases or statements that certain actions, events or results ‘may’, ‘could’, ‘should’, ‘would’ or ‘occur’. Forward-looking statements herein include statements and information regarding the Offering’s intended use of proceeds, any exercise of Warrants, the future plans for the Company, including any expectations of growth or market momentum, future expectations for the gold sector generally, the Colombian gold sector more particularly, or how global or local market trends may affect the Company, intended exploration on any of the Company’s properties and any results thereof, the strength of the Company’s mineral property portfolio, the potential discovery and potential size of the discovery of minerals on any property of the Company’s, including Tahami South, the aims and goals of the Company, and other forward-looking information. Forward-looking information by its nature is based on assumptions and involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Quimbaya to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. These assumptions include, but are not limited to, that the Company’s exploration and other activities will proceed as expected. The future outcomes that relate to forward-looking statements may be influenced by many factors, including but not limited to: future planned development and other activities on the Company’s mineral properties; an inability to finance the Company; obtaining required permitting on the Company’s mineral properties in a timely manner; any adverse changes to the planned operations of the Company’s mineral properties; failure by the Company for any reason to undertake expected exploration programs; achieving and maintaining favourable relationships with local communities; mineral exploration results that are poorer or better than expected; prices for gold remaining as expected; currency exchange rates remaining as expected; availability of funds for the Company’s projects; prices for energy inputs, labour, materials, supplies and services (including transportation); no labour-related disruptions; no unplanned delays or interruptions in scheduled construction and production; all necessary permits, licenses and regulatory approvals are received in a timely manner; the Offering proceeds being received as anticipated; all requisite regulatory and stock exchange approvals for the Offering are obtained in a timely fashion; investor participation in the Offering; and the Company’s ability to comply with environmental, health and safety laws. Although Quimbaya’s management believes that the assumptions made and the expectations represented by such information are reasonable, there can be no assurance that the forward-looking information will prove to be accurate. Furthermore, should one or more of the risks, uncertainties or other factors materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements or information. Readers are cautioned not to place undue reliance on forward-looking information as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Forward-looking information contained in this news release is expressly qualified by this cautionary statement. The forward-looking information contained in this news release represents the expectations of Quimbaya as of the date of this news release and, accordingly, is subject to change after such date. Except as required by law, Quimbaya does not expect to update forward-looking statements and information continually as conditions change.

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/271628

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Gold and Crypto: Redefining the Future of Finance

Investing 1 Min Read

Gold is making a powerful comeback as a cornerstone of the global financial system—but it’s not alone. Digital assets and cryptocurrencies are rapidly transforming how capital moves across markets. Instead of competing, gold and crypto are increasingly converging, opening new opportunities for investors and reshaping the future of money.

Highlights:

  • Gold’s growing importance in a digital financial world
  • How crypto and gold are converging to reshape markets
  • Investor-focused insights on mining equities and portfolio strategy
  • Live Q&A with Ravi Sood

Don’t miss this chance to understand the forces shaping the future of money—and position your investments ahead of the next global shift.

Click here to register for the webinar

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Lahontan Closes Strategic York Claims Purchase at Santa Fe

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Lahontan Gold Corp. (TSXV:LG)(OTCQB:LGCXF)(FSE:Y2F) (the ‘Company’ or ‘Lahontan’) is pleased to announce that the Company has completed the Purchase (the ‘Purchase‘) of 27 unpatented lode mining claims (the ‘York claims‘) from Emergent Metals Corp (‘Emergent‘). The York claims are contiguous with the southeast corner of the Santa Fe Mine Project and provide a compelling opportunity to significantly expand oxide gold and silver mineral resources previously defined at the York deposit*. Modeling of drill data during the mineral resource estimation process suggests that gold and silver mineralization likely extends onto the York claims. This targeting concept was in part validated by Lahontan’s recent drilling campaign where reverse-circulation drill hole YOR25-001R cut 89.9 metres (45.7 – 135.6m) grading 0.23 g/t gold (please see Lahontan Gold News Release dated September 2, 2025). The Company is currently planning additional drilling at the York target area for this Fall. With the addition of the York claims, the Company now owns or controls 415 unpatented lode mining claims, 67 unpatented millsite claims, and 24 patented lode mining claims encompassing over 2,832 ha or 28.3 km2 of mineral rights in one of the World’s premier gold belts: Nevada’s Walker Lane.

Kimberly Ann, Lahontan Founder, Chair, CEO, and President commented: ‘Lahontan is excited to have completed the Purchase of the York claims. The gold and silver resource expansion potential, combined with the ability to further layback the York pit in potential future mining operations, makes the Purchase a strategic acquisition for the Company. Lahontan now controls a district-scale land package that, despite prolific past production and the completion of over 1,200 drill holes, remains largely unexplored with multiple targets for resource expansion and new discoveries.’

Terms of the Purchase include:

  • Lahontan has paid Emergent’s U.S. subsidiary, Golden Arrow Mining Corporation (‘GAMC‘), a sum of US$10,000.
  • Lahontan has issued 2,000,000 common shares of Lahontan Gold Corp. to Emergent.
  • GAMC will facilitate the transfer of the York Claims to Lahontan or its designee, to be completed within 30 days of today’s date.
  • As part of the transfer, Lahontan has granted GAMC a 1% NSR royalty (the ‘Royalty‘) on the York Claims. At any time before the third anniversary of the Agreement, Lahontan may purchase the Royalty for US$500,000. After the third and before the seventh anniversary of the Agreement, Lahontan may purchase the Royalty for US$1,000,000.

About Lahontan Gold Corp.

Lahontan Gold Corp. is a Canadian mine development and mineral exploration company that holds, through its US subsidiaries, four top-tier gold and silver exploration properties in the Walker Lane of mining friendly Nevada. Lahontan’s flagship property, the 28.3 km2 Santa Fe Mine project, had past production of 359,202 ounces of gold and 702,067 ounces of silver between 1988 and 1995 from open pit mines utilizing heap-leach processing. The Santa Fe Mine has a Canadian National Instrument 43-101 compliant Indicated Mineral Resource of 1,539,000 oz Au Eq(48,393,000 tonnes grading 0.92 g/t Au and 7.18 g/t Ag, together grading 0.99 g/t Au Eq) and an Inferred Mineral Resource of 411,000 oz Au Eq (16,760,000 grading 0.74 g/t Au and 3.25 g/t Ag, together grading 0.76 g/t Au Eq), all pit constrained (Au Eq is inclusive of recovery, please see Santa Fe Project Technical Report and note below*). The Company plans to continue advancing the Santa Fe Mine project towards production, update the Santa Fe Preliminary Economic Assessment, and drill test its satellite West Santa Fe project during 2025. For more information, please visit our website: www.lahontangoldcorp.com

* Please see the ‘Preliminary Economic Assessment, NI 43-101 Technical Report, Santa Fe Project’, Authors: Kenji Umeno, P. Eng., Thomas Dyer, PE, Kyle Murphy, PE, Trevor Rabb, P. Geo, Darcy Baker, PhD, P. Geo., and John M. Young, SME-RM; Effective Date: December 10, 2024, Report Date: January 24, 2025. The Technical Report is available on the Company’s website and SEDAR+. Mineral resources are reported using a cut-off grade of 0.15 g/t AuEq for oxide resources and 0.60 g/t AuEq for non-oxide resources. AuEq for the purpose of cut-off grade and reporting the Mineral Resources is based on the following assumptions gold price of US$1,950/oz gold, silver price of US$23.50/oz silver, and oxide gold recoveries ranging from 28% to 79%, oxide silver recoveries ranging from 8% to 30%, and non-oxide gold and silver recoveries of 71%.

Qualified Person

Brian J. Maher, M.Sc., CPG-12342, is a ‘Qualified Person’ as defined under Canadian National Instrument 43-101, Standards of Disclosure for Mineral Projects, and has reviewed and approved the content of this news release in respect of all disclosure other than the Mineral Resource Estimate as noted above.‎ Mr. Maher is Vice President-Exploration for Lahontan Gold and has verified the data disclosed in this news release, including the sampling, ‎‎analytical and test data underlying the disclosure.

On behalf of the Board of Directors

Kimberly Ann

Founder, CEO, President, and Executive Chair

FOR FURTHER INFORMATION, PLEASE CONTACT:

Lahontan Gold Corp.

Kimberly Ann
Founder, Chief Executive Officer, President, and Executive Chair

Phone: 1-530-414-4400

Email: Kimberly.ann@lahontangoldcorp.com

Website: www.lahontangoldcorp.com

Cautionary Note Regarding Forward-Looking Statements:

Neither TSX Venture Exchange(‘TSXV’) nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Except for statements of historical fact, this news release contains certain ‘forward-looking information’ within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as ‘plan’, ‘expect’, ‘project’, ‘intend’, ‘believe’, ‘anticipate’, ‘estimate’ and other similar words, or statements that certain events or conditions ‘may’ or ‘will’ occur. Forward-looking statements are based on the opinions and estimates at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements including, but not limited to delays or uncertainties with regulatory approvals, including that of the TSXV. There are uncertainties inherent in forward-looking information, including factors beyond the Company’s control. The Company undertakes no obligation to update forward-looking information if circumstances or management’s estimates or opinions should change except as required by law. The reader is cautioned not to place undue reliance on forward-looking statements. Additional information identifying risks and uncertainties that could affect financial results is contained in the Company’s filings with Canadian securities regulators, which filings are available at www.sedarplus.com.

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