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South Harz Potash Limited (ASX:SHP) (South Harz or the Company) is pleased to announce that it has entered into an option heads of agreement to acquire the Glava Copper-Gold-Silver project in south-western Sweden. The acquisition marks the first step in the Company’s transition toward a diversified, multi-asset exploration and development strategy.

South Harz Executive Chairman Mr Len Jubber, commented:

“The Glava acquisition option represents an exciting milestone and opportunity for South Harz to leverage our European footprint into one of the most geologically prospective and underexplored copper-gold provinces in Scandinavia. This first step transforms South Harz into a diversified resources company, moving from a single asset company towards a broader regional platform. While we maintain strategic patience with our large-scale South Harz Potash Project, we are broadening our portfolio to include metals essential to global supply chains and the energy transition.

The Glava Project offers immediate discovery potential, hosting visible bornite, covellite, and chalcocite epithermal mineralisation with gold, silver and tellurium in outcropping vein systems, including historic
artisanal production of over 10% copper. Negligible glacial till allows for the use of proven, cost-effective exploration techniques. Initial field activities, including a magnetic survey have been completed under
the guidance of McKnight Resources and we look forward to analysing and interpreting the gathered information in the coming weeks. We are committed to systematically exploring Glava’s potential, while continuing to evaluate complementary opportunities to strengthen the portfolio and create sustained shareholder value.”

Highlights

  • Option Agreement executed to acquire Glava Cu-Au-Ag Project, located in Värmland Province, Sweden
  • First potential acquisition under South Harz’s diversified asset growth strategy, expanding its portfolio into critical (base) and precious metals alongside German potash assets
  • High-grade epithermal copper mineralisation, with associated gold, silver and tellurium, confirmed by recent sampling. Historic artisanal mining recorded up to 10.5% Cu
  • Negligible glacial till allows for use of proven, cost-effective exploration techniques
  • Ground magnetic survey and rock chip sampling completed in November 2025, with results to feed into drill target generation
  • Option Agreement includes strategic relationship with vendors McKnight Resources AB, resulting in established and experienced exploration capability in Sweden
  • The potential acquisition delivers immediate discovery opportunity, while preserving the long term value and optionality in the perpetual tenure across the SHP German potash projects

The Glava Project

The Glava Project, which is located in Sweden’s Värmland region (Figure 1), covers 430Ha under a single exploration licence within the eastern extensions of the Proterozoic Grenville Orogenic Belt, an emerging copper-gold exploration district extending through Scandinavia, the UK, Greenland and Newfoundland.

The project area comprises a highly prospective and underexplored copper-gold system with a history of high-grade artisanal production. It hosts outcropping bornite, covellite and chalcocite mineralisation, and visible tellurides, as described in the Sweden Geologiocal Survey (SGU) database, at two mineral occurrences, namely Glava Koppagruvor and Skarpning SV Glava (Figure 1). The telluride minerals are frequently a component of epithermal deposits. This acquisition gives South Harz immediate exploration access to critical and precious metals in a Tier-1 European jurisdiction.

Historic records show that artisanal mining at Glava Koppargruvor produced about 2,280 tonnes of rock, including 49 tonnes with a grade of 10.5% Cu, as well as additional enriched ore stockpiles from shallow early 20th-century workings (Lundegårdh 1995). Two main accessible shallow open pits (East and West), together with an abandoned 14m deep shaft, provided opportunities for a modern assessment of the geological setting and sampling of the material on the adjacent waste dumps (Figure 2). Mineralisation is structurally controlled along a north-south oriented fracture array that intersects the shallow-south-dipping meta-sediment host rocks. The target zone is interpreted to be dipping towards the south (refer Figure 2, Longitudinal Section).

Click here for the full ASX Release

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Campbell’s has fired an executive accused of making racist comments and mocking its products and customers, the company announced on Wednesday.

The termination follows a lawsuit filed in Michigan by former employee Robert Garza against Campbell’s, the company’s then-vice president of information technology Martin Bally and another manager.

The complaint alleges retaliation and a hostile work environment, citing a November 2024 meeting between Bally and Garza to discuss salary, according to the lawsuit.

Garza allegedly recorded the conversation, and the audio — obtained by NBC News — is more than 90 minutes long.

During the interaction, the lawsuit alleges that Bally described Campbell’s as “highly process(ed) food” and said it was for “poor people.” He also allegedly made racist remarks about Indian workers, calling them “idiots.”

‘After a review, we believe the voice on the recording is in fact Martin Bally,’ Campbell’s said Wednesday. ‘The comments were vulgar, offensive and false, and we apologize for the hurt they have caused.’

The company said it does not tolerate the language used in the audio recording and the behavior “does not reflect” its values.

Campbell’s said it learned of the litigation and first heard segments of the audio on Nov. 20.

Bally’s termination was effective Tuesday, the company said.

According to the lawsuit, Garza told his manager, J.D. Aupperle — who is also named as a defendant, about Bally’s behavior in January 2025 and wanted to report the comments to the human resources department. He was not encouraged to report the comments, the lawsuit claims, and was then ‘abruptly terminated from employment’ later that month.

‘This situation has been very hard on Robert,’ Garza’s attorney, Zachary Runyan, said in a statement to NBC News on Tuesday. ‘He thought Campbell’s would be thankful that he reported Martin’s behavior, but instead he was abruptly fired.’

Garza is seeking monetary damages from the company.

Bally and Aupperle did not immediately return requests for comment on Wednesday.

Campbell’s said it is ‘proud of the food we make’ and ‘the comments heard on the recording about our food are not only inaccurate — they are patently absurd.’

This post appeared first on NBC NEWS

Here’s a quick recap of the crypto landscape for Friday (November 28) as of 9:00 a.m. UTC.

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

Bitcoin and Ether price update

Bitcoin (BTC) was priced at US$91,586.78, up by 1.1 percent over 24 hours. Its lowest price of the day was US$90,485.83, and its highest was US$91,839.31.

Bitcoin price performance, November 28, 2025.

Chart via TradingView

Meanwhile, Ether (ETH) was at US$3,060.34, up by 1.4 percent over 24 hours. Its lowest price on Friday was US$2,986.86 and its highest was US$3,061.67.

Altcoin price update

  • XRP (XRP) was priced at US$2.24, up by 0.6 percent over 24 hours.
  • Solana (SOL) was trading at US$141.20, down by 0.2 percent over 24 hours.

Fear and Greed Index snapshot

Chart via CoinMarketCap.

CMC’s Crypto Fear & Greed Index continues to climb steadily after plunging into ‘extreme fear territory’ in the last to weeks, currently settling at 20 and inching closer to ‘fear.’

Bitcoin’s rebound from the mid-US$80,000 zone has triggered a swift and notable shift in market sentiment, accelerating far faster than most traders anticipated. After briefly cooling near US$80K, many expected a sluggish recovery phase.

Instead, optimism snapped back, with the sentiment index rising ten points over the week and marking one of its sharpest moves in recent months. The increase corresponds with heavier buying activity and reduced caution among traders who had previously stayed on the sidelines during the pullback.

Today’s crypto news to know

Visa expands stablecoin settlement push with Aquanow partnership

Visa (NYSE:V) has deepened its stablecoin strategy by teaming up with Aquanow to support faster settlement across Central and Eastern Europe, the Middle East, and Africa.

The deal plugs Aquanow’s infrastructure directly into Visa’s payment rails, allowing banks and payment firms in the region to settle transactions in approved stablecoins such as USDC.

Visa says the upgrade is aimed at institutions seeking cheaper and quicker cross-border settlement options as demand for digital-asset rails grows. The company also aims to modernize the “back-end plumbing” of payments by reducing reliance on traditional networks with multiple intermediaries.

Aquanow, which processes billions in crypto transactions each month, will provide liquidity and technical support for the integrations.

The collaboration follows Visa’s recent stablecoin payout pilot, Visa Direct, which lets businesses fund transactions in fiat while recipients opt to receive stablecoins directly in their wallets.

UK backs “no gain, no loss” tax model for DeFi activity

The U.K. government has endorsed a major shift in how decentralized finance transactions are taxed, moving to eliminate capital gains charges when users deposit tokens into lending protocols or liquidity pools.

Under the current rules, deposits can be treated as disposals, often generating tax liabilities even when investors haven’t realized any economic gain. HMRC’s updated guidance supports a “no gain, no loss” approach that would tax users only when they withdraw assets and eventually sell them.

The proposal comes after two years of industry feedback from firms, many of which argued that the existing system distorts reality and burdens ordinary users with excessive record-keeping.

The new model would apply to both simple lending and automated market makers, ensuring that only genuine gains or losses are captured for tax purposes.

Australia introduces digital assets bill

Australia has tabled a new digital assets bill aimed at ending years of regulatory uncertainty and preventing a repeat of past offshore failures such as FTX and Celsius. T

The proposed Corporations Amendment (Digital Assets Framework) Bill 2025, would require platforms holding customer crypto to meet the same licensing and conduct standards applied across the financial sector.

Officials said the legislation is designed to bring crypto businesses fully into the regulated economy, ensuring transparency, custody safeguards, and clear accountability.

The bill includes exemptions for smaller operators that process under US$10 million annually and hold less than US$5,000 per customer, mirroring existing thresholds for low-risk financial products.

The government argues that modernizing the rules could unlock as much as US$24 billion a year in productivity and efficiency gains.

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

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

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Barrick Mining (TSX:ABX,NYSE:B) has closed the sale of its Hemlo gold mine in northern Ontario to Carcetti Capital (TSXV:CART.H), completing a transition the company first announced in September and marking one of its most significant portfolio shifts this year.

In a statement Wednesday (November 26), Barrick said the finalized divestiture is worth up to US$1.09 billion. The company received US$875 million in cash and US$50 million in Hemlo Mining shares at closing, with up to US$165 million in additional payments tied to gold prices and production beginning in 2027.

Barrick also formally thanked the Biigtigong Nishnaabeg and Netmizaaggamig Nishnaabeg First Nations, noting their cooperation and support throughout Hemlo’s operation.

The transaction continues the company’s effort to streamline its holdings and redirect capital to what it calls Tier One assets.

Hemlo Mining, the renamed acquirer, gains control of one of Canada’s longstanding gold operations. For Barrick, the exit removes a non-core asset as it concentrates on its global gold and copper portfolio, which spans 18 countries and includes six Tier One gold mines.

As Barrick exits Hemlo, Wheaton Precious Metals (TSX:WPM,NYSE:WPM) also confirmed it has closed its previously announced gold stream with Carcetti, providing US$300 million in upfront funding.

The stream forms the cornerstone of a financing structure that includes US$542 million in equity proceeds, with Wheaton contributing about US$30 million, as well as up to US$250 million in bank debt. Wheaton originally committed up to US$400 million for the stream, but Hemlo Mining elected to draw US$300 million under the agreed terms.

The completion of the stream delivers immediate production and cash flow to Wheaton while giving Hemlo Mining the liquidity needed to finalize the acquisition and pursue operational improvements at the site.

The company said the gold stream is “a key component” of the mine’s recapitalization and transition under new ownership.

The close of the Hemlo sale comes just days after the company resolved a major standoff in West Africa.

On Monday (November 24), Barrick confirmed it had struck a deal with the Malian government that will return full operational control of the Loulo-Gounkoto complex to the company, ending months of tension that escalated into arbitration at the World Bank’s dispute-resolution center.

People familiar with the matter said that the agreement includes a settlement worth 244 billion CFA francs (US$430 million). According to those sources, Barrick will pay 144 billion CFA francs within six days of signing, with another 50 billion CFA francs covered through VAT-credit offsets.

An additional 50 billion CFA francs had already been paid last year. Barrick declined to say whether the final agreement formally includes these settlement terms.

In exchange, Mali will drop its charges against Barrick, relinquish state control over Loulo-Gounkoto, release four detained employees, and renew the company’s Loulo mining permit for another decade.

The settlement also requires Barrick to comply with Mali’s 2023 mining code, the very issue that triggered the dispute. The company will also now withdraw its arbitration claim.

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

This post appeared first on investingnews.com

Canada and Alberta have sealed a wide-ranging deal that links deep emissions cuts with a long-term push to grow oil and gas output through new export pipelines and fast-track clean energy infrastructure.

Prime Minister Mark Carney and Alberta Premier Danielle Smith signed the memorandum of understanding in Calgary on Thursday (November 27). The MOU outlines a package led by Pathways Plus—described as the world’s largest carbon capture, utilization and storage project.

Under the pact, Canada also commits to suspend its Clean Electricity Regulations in Alberta and to refrain from implementing the long-discussed federal emissions cap for oil and gas.

In turn, Alberta agreed to advance a privately financed pipeline capable of transporting at least one million barrels per day of low-emissions bitumen to Asian markets, with Indigenous co-ownership built into the project’s structure.

The MOU states the application for the pipeline must be ready by July 1, 2026. In turn, the federal government will treat it as a project of national interest under the Building Canada Act.

Carney framed the deal as a response to global instability and a pivot toward a more self-reliant economic foundation.

“In the face of global trade shifts and profound uncertainty, Canada and Alberta are striking a new partnership to build a stronger, more sustainable, and more independent Albertan and Canadian economy,” he said in a statement. “We will make Canada an energy superpower, drive down our emissions and diversify our export markets.”

Beyond oil, the arrangement includes extensive commitments to expand nuclear power, strengthen Alberta’s electricity grid, and support thousands of megawatts of new AI-oriented computing capacity, including sovereign cloud infrastructure for Canada and its allies.

Alberta will also pursue major transmission interties with British Columbia and Saskatchewan to move low-carbon electricity across provincial borders, a step both governments say is essential for decarbonizing energy-intensive industries.

The MOU also sets a course for a new industrial carbon pricing agreement, with Alberta’s TIER regime remaining the backbone of provincial regulation. Both governments agreed to a minimum effective credit price of US$130 per metric ton alongside a methane-reduction target of 75 percent by 2035.

“Canada is acting decisively to establish ourselves as a global energy superpower in the face of a changing world,” added Tim Hodgson, Canada’s Minister of Energy and Natural Resources.

“Together, Canada and Alberta will not only export critical energy to our customers, we will also support our allies, create hundreds of thousands of jobs here at home, and show that our energy sector can lead on a global stage.”

A joint implementation committee is slated to finalize these frameworks by April 1, 2026.

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

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Canada’s 2025 federal budget arrives at a pivotal moment for the country’s economic trajectory. Facing a decades-long productivity challenge, the government aims to reinvigorate growth through carefully targeted investment incentives and strategic reforms.

Rather than broad fiscal stimulus, the budget focuses on fostering innovation, modernizing tax credits like the Scientific Research and Experimental Development (SRED) program and encouraging private sector investment in new technologies.

This approach aims to break Canada’s productivity stagnation and position the economy for long-term competitiveness.

Canada’s productivity dilemma

In a speech at the Association des économistes québécois (ASDEQ) and CFA Québec on November 19, Bank of Canada (BoC) deputy governor Nicolas Vincent declared that Canada is facing a “systemic problem” when it comes to productivity.

“To put it bluntly, we’re stuck in a vicious circle,” Vincent said. “There is no quick or easy way to improve productivity, and no single sector can do it alone.

“If we want to fix this, we’ll need to be thoughtful, systematic and resolute,” he added, suggesting that policymakers should focus on improving the country’s investment climate, increasing competition and developing talent.

Vincent’s comments echoed an earlier opinion shared by BoC Governor Tiff Macklem, who, following the bank’s most recent cut to its benchmark lending rate last month, warned that Canadians could face a lower standard of living unless governments and businesses can find ways to improve productivity.

Macklem added that the recent federal budget could enhance the country’s productivity, “but it’s going to come down to execution.”

Building on these concerns, Polson explained that for Canada to move beyond incremental progress and truly improve productivity and competitiveness, the country must tackle long-standing hurdles. “We’re looking for a reduction in interprovincial trade barriers… It’s becoming increasingly necessary…that we have to act cohesively there.”

Historically low and rapidly declining R&D investment was another factor negatively impacting Canadian productivity, identified in a report from the Council of Canadian Academies. The authors suggest that addressing this requires more than just a single policy or tax incentive.

Polson also highlighted the need to move beyond incremental measures and focus on disciplined, systematic changes that foster efficient capital allocation and strengthen the foundations of business decision-making.

From his vantage point, the modernization and expansion of the SR&ED tax credit program can be a nudge in the right direction. “(This country has) blessings in terms of resources, in terms of outstanding universities…there is all kinds of great knowledge and innovation happening here, but no commercialization. People go elsewhere for it.

“The SR&ED credit is going to do exactly the right thing. It’s going to keep (innovation) here. It’s going to hit one of those other really big issues for our economy, which is we need better-paying blue-collar jobs. It’s (also) going to spur entrepreneurship and help us capture a bigger portion of the innovation that happens here.”

To build on that, Polson described the transformation of Canadian jobs driven by technology. “I would almost call it sky blue collar, a beautiful mix of part white, part blue (collar jobs),” he said to categorize emerging roles that combine the technical skills of traditional blue-collar work with the knowledge and productivity advances typically associated with white-collar jobs.

The budget’s approach to productivity and growth

Hanson, a CPA and 20-year SR&ED expert, explained the changes to the SR&ED tax credit program, which include increasing the enhanced 35 percent credit’s expenditure limit to C$6 million. The budget also raises the phase-out thresholds more broadly, allowing more businesses, especially SMEs, to benefit from the credit.

“They’ve also opened it up to public companies,” he added.“Now this is a really big one. You’re going to see public companies that are not profitable now applying, as well as more companies actually looking to the public market in order to raise funds, because they weren’t previously able to do so without losing the benefits of the program,” he explained.

By expanding the eligibility and scale of the credit, Hanson sees the government intending to incentivize greater R&D spending. “I think that being able to raise these limits is very significant, and I think that the government kind of knows this.”

In addition to SR&ED reforms, the budget introduces accelerated Capital Cost Allowances (CCA) for technology asset investment. This enhanced CCA allows faster deduction of eligible capital costs, targeting sectors like clean energy, advanced manufacturing and digital infrastructure to boost productivity.

“A big part of manufacturing was the capital assets being able to claim those … now that that’s actually back in the program, we’re actually going to see a huge bump in manufacturing companies,” he said.

Fiscal challenges and transparency concerns

Despite comprehensive measures, the budget has gaps. The Parliamentary Budget Officer (PBO) flagged concerns about fiscal transparency and the government’s optimistic capital investment classifications.

The PBO estimates that actual productive capital investments from 2024-25 to 2029-30 total approximately C$217 billion, about C$94 billion less than the budget’s reported figures.

This discrepancy arises because the government’s broadened definition of capital investments includes expenditures that, under international standards such as the System of National Accounts, would typically be classified as operating spending rather than capital formation.

The report advised the government to establish an independent expert body to define federal capital investments, in order to improve transparency and fiscal discipline.

Researchers for the PBO forecast the government will likely miss its Budget 2025 fiscal anchors: balancing operating spending by 2028-29 and maintaining a declining deficit-to-GDP ratio. Stress testing showed only a 7.5 percent chance that the deficit-to-GDP ratio will fall annually between 2026-27 and 2029-30.

New spending and higher program costs mean the operating balance is projected to remain in deficit through 2029-30. The PBO warned the government now has limited fiscal room for tax cuts or increased spending if it aims to stabilize the long-term debt-to-GDP ratio.

The office added that a lack of clarity on how incentives will spur business activity, as well as heavy reliance on complex tax credit compliance, may hinder smaller innovators.

Ensuring delivery

The budget’s success ultimately rests on ensuring its incentives are not undermined by complex compliance or slow processing.

“Because of the changes, we are going to see a lot more filers as a result. The time to process these claims (is) simply going to take longer,” said Hanson, adding that companies will need to factor wait times into their budgeting.

Additionally, Hanson described a current government consultation aimed at introducing “upfront technical approval” for certain classes of companies seeking SR&ED claims. “I would like to see them move forward with that. I think that is a great idea, and I think that will provide a lot more certainty for larger (and) smaller companies.”

For Canadian businesses, the 2025 Budget is a promise; its value now depends entirely on delivery.

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

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Homerun Resources Inc. (TSXV: HMR,OTC:HMRFF) (OTCQB: HMRFF) (‘Homerun’ or the ‘Company’) is pleased to announce that its common shares have commenced trading on the Tradegate Exchange in Germany, one of Europe’s most liquid retail-focused trading platforms, significantly expanding the Company’s access to European and international capital markets at a strategically opportune time for critical minerals and renewable energy investments. You can find Homerun’s listing with the following:

ISIN: CA43758P1080 | WKN: A3CYRW | Symbol: 5ZE.

The Tradegate listing complements Homerun’s existing listings on the Toronto Venture Stock Exchange (HMR), the OTCQB in the United States (HMRFF) and the Frankfurt Stock Exchange.

This listing comes at a pivotal moment as European investors intensify their search for secure, sustainable sources of critical materials essential to the continent’s energy transition. Europe faces unprecedented supply chain vulnerabilities in critical minerals, with the EU currently relying on imports for over 60% of solar photovoltaic modules and lacking domestic production capacity to meet 2025 renewable energy targets. The European Commission’s Critical Raw Materials Act has established ambitious benchmarks, 10% extraction, 40% processing, and 25% recycling by 2030 – creating substantial demand for companies like Homerun that can deliver secure, Western Hemisphere supply of high-purity materials.

Homerun’s vertically integrated strategy, spanning high-purity silica production, solar glass manufacturing, energy storage, and AI-powered energy solutions directly addresses Europe’s most pressing supply chain concerns. The Company’s high-purity, low-iron silica resource in Bahia, Brazil, enables the production of 100% antimony-free solar glass, positioning Homerun at the forefront of a regulatory shift as European standards increasingly prohibit antimony use in solar components. Germany’s latest photovoltaic manufacturing guidelines and the EU’s Ecolabel directive are establishing new environmental boundaries that favor Homerun’s antimony-free glass technology.

The Company’s engagement of DTEC PMP GmbH to complete a Bankable Feasibility Study for Latin America’s first dedicated high-efficiency solar glass manufacturing facility with completion expected in Q1 2026 provides European investors with a clear pathway to project financing and cash flow generation. This timeline compresses what typically takes three to five years into just one year, demonstrating execution velocity that appeals to growth-oriented capital.

Enhanced Liquidity and Investor Access

The Tradegate Exchange, operated by Tradegate AG, specializes in executing private investor orders and manages over 10,000 German and international stocks and exchange-traded products. Trading hours from 7:30 AM to 10:00 PM Berlin time allow European investors to respond to market developments well beyond traditional exchange hours, while no transaction fees and tight spreads reduce trading costs. In the first half of 2025, Tradegate achieved record turnover of EUR 247.8 billion with over 34 million transactions, demonstrating the platform’s liquidity and investor engagement.

Canadian junior mining companies with dual listings in German markets have consistently experienced significant trading volume increases. Analysis shows that companies with Tradegate listings can see 22% to 45% of total trading volume occurring through German exchanges, substantially expanding overall liquidity and market awareness.

About Homerun

Homerun Resources Inc. (TSXV: HMR,OTC:HMRFF) is building the silica-powered backbone of the energy transition across four focused verticals: Silica, Solar, Energy Storage, and Energy Solutions. Anchored by a unique high-purity low-iron silica resource in Bahia, Brazil, Homerun transforms raw silica into essential products and technologies that accelerate clean power adoption and deliver durable shareholder value.

  • ⁠Silica: Secure supply and processing of high-purity low-iron silica for mission-critical applications, enabling premium solar glass and advanced energy materials.

  • Solar: Development of Latin America’s first dedicated 1,000 tonne per day high-efficiency solar glass plant and the commercialization of antimony-free solar glass designed for next-generation photovoltaic performance.

  • Energy Storage: Advancement of long-duration, silica-based thermal storage systems and related technologies to decarbonize industrial heat and unlock grid flexibility.

  • ⁠Energy Solutions: AI-enabled energy management, control systems, and turnkey electrification solutions that reduce costs and optimize renewable generation for commercial and industrial customers.

With disciplined execution, strategic partnerships, and an unwavering commitment to best-in-class ESG practices, Homerun is focused on converting milestones into markets-creating a scalable, vertically integrated platform for clean energy manufacturing in the Americas.

On behalf of the Board of Directors of
Homerun Resources Inc.

‘Brian Leeners’

Brian Leeners, CEO & Director
brianleeners@gmail.com / +1 604-862-4184 (WhatsApp)

Tyler Muir, Investor Relations
info@homerunresources.com / +1 306-690-8886 (WhatsApp)

FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE

The information contained herein contains ‘forward-looking statements’ within the meaning of applicable securities legislation. Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be ‘forward-looking statements’.

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

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/276262

News Provided by Newsfile via QuoteMedia

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Stardust Metal Corp. (CSE: ZIGY) (‘Stardust’ or the ‘Company’) is pleased to announce the discovery of a significant geophysical target at its McGarry Project, located in the heart of the world-class Kirkland Lake gold district, home to some of Canada’s most prolific high-grade gold mines, including Kerr Addison, Macassa, Upper Beaver, and several others.

  • Large, never-drilled ultramafic target identified beside Kerr Addison.
  • MT anomaly from ~250 metres to >1,000 metres.
  • Strong structural alignment with Larder Lake-Cadillac Deformation Zone and key district faults.
  • Interpreted folded ultramafic unit with high-grade potential.
  • High-impact upside with ANT survey to refine and then drill-test.

Presentation on McGarry’s Ultramafic Target

MT Image of Target

Map of McGarry’s Location in Kirkland Lake

Geophysical Target Highlights

  • MT Anomaly

The Magnetotellurics (MT) survey highlights a large, deep feature beneath the sedimentary cover, visible from approximately -250 m and extending well beyond -1,000 m, below the depth detectable by conventional IP methods.

IP Survey

An Induced Polarization (IP) survey was done concurrently with the MT survey and confirms the general pattern of the MT results in the top 250 of the sections both in terms of the resistivity and the chargeability responses and major features such as the Larder Lake-Cadillac Deformation Zone (LLCDZ), the Armistice Fault and the Mill Zone Fault are visible on both surveys but the anomaly that is highlighted in this news release is located below the IP response.

  • Geological Interpretation:

The anomaly is interpreted as a folded ultramafic unit, in disconformable contact with overlying sediments and forms a synclinal structure plunging to the west. The base of the sedimentary unit has not been intersected in drilling and until recently was thought to be very deep and beyond the limit of geophysics. But the MT response is very clear and indicates the presence of a low-resistivity body sitting right beneath the sediments and espousing the syncline from about 250m depth to well beyond 1000m. Its shape and response suggests potential to host an ultramafic unit similar to the rocks that host the known gold deposits in the district. Only drilling this target will tell if gold-rich solutions penetrated the body but an Ambient Noise Tomographic (ANT) seismic survey should refine the target in anticipation of drill testing.

  • Structural and Regional Context:

Key structures including the LLCDZ, Armistice Fault, and Mill Zone Fault are clearly reflected in both IP and MT datasets, demonstrating the reliability of the survey and aligning with known district-scale controls on mineralization.

  • District Significance:

The McGarry Project sits immediately adjacent to several historic and currently operating high-grade mines. The identification of a deep, never-drilled target within potentially ultramafic rocks underscores the potential to discover new, high-grade zones at depth, complementing the district’s rich endowment of gold resources.

This target, which has never been drilled and was highlighted during recent compilation work, was identified thanks to a comprehensive IP-MT survey completed by Quantec and reviewed and interpreted by Charles Beaudry, M.Sc., P.Geo. The anomaly sits beneath a sedimentary unit usually mapped as Temiskaming Assemblage and, by its shape and low resistivity, is thought to represent an ultramafic unit. The anomaly’s size, depth, and geological context make it a high-priority drill target, with potential to host significant mineralization similar to nearby high-grade deposits.

‘If it is an ultramafic unit as postulated, it has never been tested in drilling or seen in underground workings and it is possible that the fluids responsible for the Kerr Addison deposit (see Gold Candle news release dated June 3rd 2025) could have penetrated the domain lying beneath the sedimentary unit. This prediction is totally reasonable because of the presence of significant near surface gold mineralization (see Mill Zone on Kerr Addison and McGarry properties) as much as 1,000 metres south of the Larder Lake-Cadillac Deformation Zone (LLCDZ),’ said Charles Beaudry, Director of Stardust.

Next Steps

Stardust plans to conduct an Ambient Noise Tomography (ANT) survey to provide high-resolution 3D imaging of density-velocity contrasts. This approach will refine the depth, size, and geometry of the anomaly and guide the first-ever drill testing of this exciting ultramafic target.

QP Statement
The technical information contained in this news release has been reviewed and approved by Charles Beaudry, P.Geo and géo., Director of Stardust Metal Corp., a Qualified Person, as defined in ‘National Instrument 43-101, Standards of Disclosure for Mineral Projects.’ For the exploration undertaken by Stardust, all assay batches are accompanied by rigorous Quality Assurance procedures, including the insertion of standards and blanks.

For the latest videos from Stardust, Ore Group, and all things mining, subscribe to our YouTube Channel here.

To Speak to the Company directly, please contact:
Stephen Stewart, Chairman
Phone: 416.644.1567
Email: info@oregroup.ca
www.stardustmetal.com

Neither the Canadian Securities Exchange nor its Regulation Services Provider accept responsibility for the adequacy or accuracy of this release. Certain information in this press release may contain forward-looking statements. This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. Stardust assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward-looking statements unless and until required by securities laws applicable to Stardust. Additional information identifying risks and uncertainties is contained in filings by Stardust with Canadian securities regulators, which filings are available under Stardust profile at www.sedarplus.ca.

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The United Kingdom is looking at building bilateral critical minerals partnerships with various countries, including Australia.

On Tuesday (November 25), UK Industry Minister Chris McDonald was said to have mentioned a collaboration with Australia under the AUKUS defence pact, according to a news report by Reuters.

McDonald added that critical minerals were ‘very much’ part of that relationship because of their role in defence supply chains.

UK Critical Minerals Strategy

“This new, targeted Critical Minerals Strategy sets the UK’s long-term ambition for securing critical minerals and harnessing our competitive advantage in recycling and innovative midstream processing—the transformation of mined or recycled materials into refined or upgraded forms suitable for manufacturing,” the new Critical Minerals Strategy read, published on November 22.

Called Vision 2035, the strategy aims that no single country provides more than 60 percent of the UK’s supply of any one critical mineral.

It also targets that the UK meets 10 percent of its critical mineral needs from its own mines and 20 percent from recycling.

Key policy objectives of the strategy include optimising domestic production and building resilient UK and global supply networks.

‘Part of the strategy is our (Ministry of Defence) procurement plan as well, which includes stockpiling of critical minerals,’ McDonald told Reuters.

The UK laid out in its new Critical Minerals Strategy that measures could include stockpiling, including through procurement mechanisms, to align with the Ministry of Defence’s commitments to build resilience in critical mineral supplies for UK defence.

Under UK’s Defence Industrial Strategy 2025 sector plan, priority outcomes include, but are not limited to, making defence an engine for growth, backing US-based businesses and developing a resilient UK industrial base.

This is also where the partnership with Australia under the AUKUS defence pact lines up.

Why Australia?

Besides the AUKUS defence pact, Australia has become a significant topic in bilateral partnerships among nations following its rare earths deal with the US.

The US$8.5 billion deal, signed in mid-October, includes a US$1 billion investment from both the US and Australia over the next six months for initial projects.

Among the projects aiming to take advantage of the recent Australia–US deal is the Yangibana rare earths project owned by Wyloo Metals and Hastings Technology Metals Limited (ASX:HAS,OTC:HSRMF).

Following the US, Australia also signed a joint declaration of intent on critical minerals with Canada in early November.

The new agreement builds on the Australia-US rare earths deal and is between Australia’s Department of Industry, Science and Resources and the Department of Natural Resources of Canada.

It covers the establishment of a ministerial for critical minerals, project financing, policy alignment and regulation and information sharing.

In 2023, Australia also signed a statement of intent with the UK to strengthen cooperation on critical minerals.

“(The statement) further strengthens Australia’s resolve to develop our critical minerals sector to be a global supplier of the resources needed for clean-energy technology, such as batteries, electric vehicles, solar panels and wind turbines,” Minister for Resources and Northern Australia, Madeleine King said.

“We will work closely with the UK to build resilient, sustainable, and transparent supply chains for critical minerals, which help both the UK and Australia to lower emissions and achieve net zero commitments.”

King also travelled to the UK in the same year, calling it a “chance to outline” how Australia is partnering with industry and other countries to broaden global supply chains and boost investment in mining and processing key critical minerals.

Rare earths have been heavily spotlighted in October in Australia following China’s expansion of control over rare earth exports, a sector crucial to global tech and defense industries.

The October 10 announcement from the Ministry of Commerce adds five new elements —holmium, erbium, thulium, europium and ytterbium—along with key refining technologies to its export control list.

The new rules carry a global reach: any foreign company producing rare earth materials or magnets using Chinese-origin equipment or technology must now obtain an export license from Beijing.

Securities Disclosure: I, Gabrielle de la Cruz, hold no direct investment interest in any company mentioned in this article.


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E-Power Resources Inc. (CSE: EPR) (‘E-Power’ or the ‘Company’) today announces significant appointments to its executive leadership and advisory teams. These changes are designed to implement a robust, focused, and value-driven development plan for the Tetepisca Graphite Project in Québec, capitalizing on the project’s technical potential.

The Company appoints Jean-Michel Gauthier as Chief Executive Officer and Mark Billings, CFA, as Chairman of the Board. This core leadership is now strategically expanded with the addition of Christian Falk to the Advisory Board, ensuring access to essential technical, financial, and commercial expertise moving forward.

New Leadership and Corporate Strategy

Jean-Michel Gauthier Appointed CEO

E-Power Resources appoints Jean-Michel Gauthier as Chief Executive Officer. Mr. Gauthier contributes significant expertise in capital markets, corporate development, and strategic positioning within the resource sector. His focus will be on ensuring the optimal deployment of capital and maximizing the inherent value of the Tetepisca Project as it advances through key de-risking stages.

CEO’s Statement: ‘The validated metallurgical results provide a clear, actionable mandate and reinforce our strong conviction in Tetepisca. We are moving forward decisively with an agile, focused operating strategy across the entire organization, prioritizing strict cost discipline and aggressive technical execution. Our expanded team’s commitment is simple: prove up the project to its full potential by completing resource definition, establishing robust economic parameters, and securing key strategic partnerships vital for the next stages of development.’

Mark Billings Appointed Chairman of the Board

Mark Billings, CFA, is appointed Chairman. Mr. Billings is a highly respected finance professional in the Canadian resource sector, bringing extensive investment banking and corporate finance experience. His prior roles, including VP Corporate Finance at Desjardins Securities, provide a crucial foundation for guiding E-Power’s capital formation and strategic financing plans necessary for the Tetepisca Project’s development phases.

Advisory Board Addition

The strategic strengthening of the Advisory Board ensures the Company has access to high-level technical and commercial insight vital for future development:

Christian Falk Joins the Advisory Board: Mr. Falk is Co-founder of Camet AG, Zug Switzerland and Vega Metals Trading Inc, Montreal, Canada. He provides over 16 years of global mining and metals trading experience, including significant tenure with Glencore International AG. His expertise in global graphite and critical metals markets will be critical in formulating E-Power’s downstream commercial strategy and understanding customer specifications.

Momentum Driven by Strong Metallurgical Results

The leadership team’s focused mandate is strongly supported by the Company’s recent robust metallurgical results (November 20, 2025), which validate the project’s technical potential for producing high-quality flake graphite concentrate:

Key Metallurgical Metrics 
(Graphi West Sample)
Result Significance
Flotation Recovery 96.7% Excellent material recovery efficiency.
Concentrate Grade 94.8% Ct Meets general commercial purity specifications with potential for further upgrading.
Large/Medium Flake ~40% Flake sizes larger than medium, which typically command premium pricing.
High Grade Samples 15.3% to 32.7% Cg Demonstrates high-grade zones across multiple mineralized areas.

 

These strong results confirm Tetepisca’s potential to deliver a high-value, high-purity natural flake graphite product essential for batteries and other advanced industrial applications. The mandate for the expanded team is to swiftly leverage these validated findings into a detailed resource definition and preliminary economic assessment.

About E-Power Resources

E-Power Resources Inc. is a Québec corporation based in Montréal focused on the exploration and development of critical minerals in Québec. The Company is focused on flake graphite resource development at the Tetepisca Property located in the Innu Nation of Pessamit within Québec’s emerging Tetepisca Graphite District, a region known for high-quality graphite mineralization.

For Further Information

Jean-Michel Gauthier 
Chief Executive Officer
E-Power Resources Inc.
info@epowerresources.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/276129

News Provided by Newsfile via QuoteMedia

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