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Cartier Resources Inc. (″ Cartier ″ or the ″ Company ″) (TSXV: ECR,OTC:ECRFF; FSE: 6CA) is pleased to announce it has awarded the contract to Soutex, a firm specializing in mineral processing and metallurgy, to carry out the first advanced and comprehensive metallurgical sampling and testwork program for the Main Sector of its Cadillac Project.

Key Objectives of the Program

  • Defining expected gold recovery rates and improving upon historical results from the Chimo deposit.
  • Establishing first-time metallurgical recovery data for the East Chimo and West Nordeau satellite deposits, where no previous data exists.
  • Supporting the development of an integrated process flowsheet .
  • Providing critical data for future trade-off studies to guide project development.

The metallurgical program represents a critical de-risking milestone to advance the development of the Cadillac Project. By understanding how the mineralized material responds to conventional processing methods, we can define the most efficient and cost-effective flowsheet. This has the potential to significantly reduce both capital and operating costs, while also improving our environmental footprint. The data generated will directly support optimized project development and enhance our economic models. In short, these test results will strengthen the technical foundation of the project and help unlock greater shareholder value . ‘ – Philippe Cloutier, President and CEO of Cartier.

Following the recent launch of baseline environmental studies, we’re pleased to advance the Cadillac Project with the initiation of our first modern metallurgical test program. With historical data now nearly 30 years old, it was essential for Cartier to generate updated, high-quality data that reflects current standards. This comprehensive program will characterize the mineralized material, gold recovery potential, and validate optimal grind size (key inputs for future engineering and economic studies). Combined with our ongoing 100,000-metre drill program, these initiatives position us to unlock the full value of the Cadillac Project. ‘ – Ronan Deroff, Vice President Exploration of Cartier.

Historical Production Recovery (source: MRNF DV 85-05 to DV 97-01 + internal company reports)

The mineralized material from the Chimo mine (Chimo deposit) was processed by 3 different producers: Chimo Gold Mines (1966-67), Louvem (1984-1989) and Cambior (1989-1997). The flowsheet was focused on gravity separation, flotation and cyanidation of flotation concentrate. Records show that from 1966 through 1997, approximatively 2.4 million tonnes of mineralized material have been processed. During the 15-year period production, the historical average recovery was 90.6% of the contained gold. These numbers appear to underestimate the deposit and should be able to improve, since the first two operators of the Chimo mine (Chimo Gold Mines and Louvem) had good extraction results, around 94%, while the last production period by Cambior showed a significant drop in recoveries with only 89% of the contained gold.

There is no metallurgical information available for the other deposits of the Main Sector like East Chimo and West Nordeau deposits.

Methodology of the Metallurgical Testwork Program

To achieve the program objectives, the testwork will be conducted on NQ-size half-drill core intervals spatially selected to be representative of both the type of mineralization and the average head grade of the resource. A total of 6 composites for 300 kg from the three deposits (Chimo, East Chimo and West Nordeau) will be generated including two 50 kg-composites for each deposit. The composites will be assembled by Cartier geologists.

All composites of the three deposits will be subject to cyanidation tests at three different grind sizes. After these tests, gravimetric concentration separation followed by a cyanide destruction tests of the gravity tails will be done at the grind size showing the best results. In addition to the metallurgical program, comminution test, as well as chemical and mineralogical characterization, will also be performed to define the grindability of the mineralized material and predict his behaviour in the process.

Qualified Person

The scientific and technical content of this press release has been prepared, reviewed and approved by Mr. Ronan Déroff, P.Geo., M.Sc., Vice President Exploration, who is a ″Qualified Person″ as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects (″NI 43-101″).

About Soutex

Soutex is a consulting firm in mineral processing and metallurgy that offers specialized services, from the initial stages of development on paper to the daily operations of the processing plant. Their designs stem from their solid experience in providing plant operations support. This support is based on their knowledge of fundamental ore processing principles and their in-plant experience. Founded in 2000 and having offices in Canada (Quebec and Longueuil) and Germany (Munich), Soutex comprises more than 40 metallurgists, process engineers, and technicians, making it one of the largest groupings of specialists in the field in Canada. Services have been offered to clients located across Canada and abroad (West Africa, United States, Finland, New Caledonia, Suriname, and Madagascar).

About Cadillac Project

The Cadillac Project, covering 14,000 hectares along a 15-kilometre stretch of the Cadillac Fault, is one of the largest consolidated land packages in the Val-d’Or mining camp. Cartier’s flagship asset integrates the historic Chimo Mine and East Cadillac projects, creating a dominant position in a world class gold mining district. With excellent road access, year-round infrastructure and nearby milling capacity, the project is ideally positioned for rapid advancement and value creation.

Using a gold price of US$1,750/oz, a Preliminary Economic Assessment demonstrated the economic viability of a 2-km segment, compared to the 15 km that will be the subject of the 100,000 m drilling program, with an average annual gold production of 116,900 oz over a 9.7-year mine life. Indicated resources are estimated at 720,000 ounces (7.1 million tonnes at 3.1 g/t Au) and inferred resources at 1,633,000 ounces (18.5 million tonnes at 2.8 g/t Au). Please see the NI 43-101 ″Technical Report and Preliminary Economic Assessment for Chimo Mine and West Nordeau Gold Deposits, Chimo Mine and East Cadillac Properties, Quebec, Canada, Marc R. Beauvais, P.Eng., of InnovExplo Inc., Mr. Florent Baril of Bumigeme and Mr. Eric Sellars, P.Eng. of Responsible Mining Solutions″ effective May 29, 2023.

About Cartier Resources Inc.

Cartier Resources Inc., founded in 2006 and headquartered in Val-d’Or (Quebec) is a gold exploration company focused on building shareholder value through discovery and development in one of Canada’s most prolific mining camps. The Company combines strong technical expertise, a track record of successful exploration, and a fully funded program to advance its flagship Cadillac Project. Cartier’s strategy is clear: unlock the full potential of one of the largest undeveloped gold landholdings in Quebec.

For further information, contact:
Philippe Cloutier, P. Geo.
President and CEO
Telephone: 819-856-0512
philippe.cloutier@ressourcescartier.com
www.ressourcescartier.com

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

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After nearly seven years leading Barrick Mining (TSX:ABX,NYSE:B), CEO Mark Bristow has stepped down.

Since the company’s 2019 merger with Randgold Resources, Bristow has overseen the integration of the two companies, as well as significant investments in Barrick’s gold and copper assets.

The firm returned US$6.7 billion to shareholders under Bristow and cut net debt by US$4 billion. Its most recent quarter shows strong operating results, healthy cashflow, an increased quarterly dividend and robust share price performance.

In a statement, John Thornton, chairman of the board, offered thanks to Bristow for his years of leadership.

“During his tenure, Mark strengthened our portfolio and helped position Barrick as a leading global producer of gold and copper,” said Thornton. “As a result, the company is well-positioned for the next phase of our growth and value creation for all shareholders. We wish Mark the very best for his future.”

Mark Hill, currently overseeing Barrick’s Latin America and Asia Pacific operations, will step in as interim CEO and president following Bristow’s sudden departure. A mining executive with 30 years of experience, Hill joined Barrick in 2006 and has held roles in strategy, corporate development and leading major global projects.

Hill also played a key role in the company’s initial decision to explore the Fourmile gold project in Nevada.

The board’s search committee, chaired by independent director Brett Harvey, has launched a process — with support from a leading executive search firm — to identify a permanent president and CEO.

Ahead of Bristow’s unexpected departure, Barrick had made several headline-making announcements.

Earlier this month, the company disclosed the sale of its Hemlo gold mine in Ontario for up to US$1.09 billion, marking the company’s exit from the Canadian gold-mining scene and a continued focus on core assets.

The deal with Carcetti Capital (TSXV:CART.H), soon to be renamed Hemlo Mining, includes US$875 million in cash, US$50 million in shares and up to US$165 million in contingent payments tied to future gold output and prices.

At the time, Bristow said the sale supported Barrick’s capital allocation strategy.

The company is also contending with ongoing legal and political challenges in Mali, where its Loulo-Gounkoto complex has faced repeated seizures by the ruling military junta.

In July, military helicopters removed over a metric ton of gold, worth roughly US$117 million, without the company’s consent, following a similar January incident that saw 3 metric tons confiscated and exports blocked, forcing a suspension of operations. Barrick has responded by initiating arbitration at the International Center for Settlement of Investment Disputes, citing violations of its legal rights.

Shares of the mining major slipped slightly following Bristow’s exit, falling as low as C$47.95 on Monday (September 29), before rebounding back above C$48 by midday.

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

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(TheNewswire)

Vancouver, British Columbia TheNewswire – September 29, 2025 – Element79 Gold Corp. (CSE: ELEM,OTC:ELMGF) (FSE: 7YS0) (OTC: ELMGF) (the ‘Company’ or ‘Element79’) announces its attendance at the Munich Rohstoffmesse (Raw Materials Conference), taking place at the Munich Small Olympic Hall from October 3rd-4th, 2025.

The confirmed investment audience – more than 1,500 participants are expected – includes private investors, fund and asset managers, family offices, and institutional investors from across Europe.

Registration for the Munich Commodity Fair is free for investors; tickets can be requested online at https://www.rohstoffmesse-muenchen.de/ . The conference will bring together more than 100 companies and renowned speakers from the European market, including Dirk Müller, Jochen Staiger, Florian Grummes, and Professor Dr. Torsten Dennin.

Element79 Gold Corp CEO Michael Smith discussed: ‘We have had a presence in the European market for several years, and we see active trading on both our FSE ticker, 7YS0, as well as a significant amount of daily trading volumes on our CSE ticker, ELEM, come from Alternate Trading Systems, which reflect trading on international exchanges.  I’m excited to share the evolving story at Element79 Gold Corp with the European community and this is a great venue for us to do that!’

About Element79 Gold Corp.

Element79 Gold Corp is a mining company focused on the exploration and development of its portfolio of high-potential gold projects. The Company’s main focus is its Nevada portfolio, anchored by the Gold Mountain and Elephant Projects, both located in the world-class Battle Mountain Trend. In addition, Element79 continues to advance its high-grade Lucero Project in southern Peru, positioning the Company for long-term exploration growth.

For more information about the Company, please visit www.element79.gold or contact:

For corporate matters and investor relations inquiries, please contact:
Mike Smith, Chief Executive Officer
E-mail: investors@element79.gold
Phone: +1.855.5ELEM79 (535-3679)

Cautionary Note Regarding Forward-Looking Statements

This press release contains ‘forward-looking information’ and ‘forward-looking statements’ under applicable securities laws. These statements are based on management’s current expectations and assumptions and are subject to risks and uncertainties that may cause actual results to differ materially. Investors are cautioned not to place undue reliance on forward-looking statements. Neither the Canadian Securities Exchange nor the Market Regulator accepts responsibility for the adequacy or accuracy of this release.

Copyright (c) 2025 TheNewswire – All rights reserved.

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Standard Uranium Ltd. (TSXV: STND,OTC:STTDF) (OTCQB: STTDF) (FSE: 9SU0) (‘Standard Uranium’ or the ‘Company’) is pleased to announce that it has signed a definitive property option agreement (the ‘Option Agreement’), dated September 26, 2025, with Collective Metals Inc. (CSE: COMT) (the ‘Optionee’), an arms-length party. Pursuant to the Option Agreement, the Optionee has been granted the option (the ‘Option’) to acquire a seventy-five percent interest in the 4,002-hectare Rocas Project (‘Rocas’ or the ‘Project’) located in the eastern Athabasca Basin region (Figure 1).

Rocas Project Highlights:

  • Prime Location – More than 7.5 km of exploration strike length along a strong NE-SW magnetic low trend coincident with EM conductors and cross-cutting faults, providing shallow drill targets south of Key Lake.
  • Uranium at Surface – Mineralized outcrop grab samples along approximately 900 metres of strike length, grading up to 0.5 wt.% U3O8 and never drill tested1 (Figure 2).
  • New Uranium Targets – Results from a high-resolution ground gravity survey completed in 2024 highlight potential alteration halos and high-priority exploration targets along well defined structural corridors.

Sean Hillacre, Standard Uranium President and VP Exploration, stated: ‘We are very pleased to have executed the Rocas Option deal with our new partners at Collective Metals quickly, allowing our team to get boots on the ground before the snow flies in Saskatchewan. This inaugural program will allow us to build a comprehensive understanding of the geology across Rocas prior to a maiden drill program, in addition to ground-truthing historic uranium occurrences through scintillometer prospecting and re-sampling.’

Figure 1. Regional map of Standard Uranium’s Rocas Project. The Project is located 75 kilometers southwest of the Key Lake Mine and Mill facilities along Highway 914.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10633/268295_a4e5e0de94dd487b_001full.jpg

About the Rocas Project

The Rocas project comprises 4,002 hectares, located 75 kilometers southwest of the Key Lake Mine and Mill facilities along Highway 914, and approximately 72 kilometers south of the present-day margin of the Athabasca Basin. The project was acquired via staking in May 2023 and recently expanded by an additional 931 hectares. Standard Uranium holds a 100%-interest in the Property.

The Project covers 7.5 kilometres of a northeast trending magnetic low/electromagnetic (‘EM’) conductor corridor which hosts several uranium showings, including historical mineralized outcrop grab samples along approximately 900 metres of strike length, grading up to 0.5 wt.% U3O81. Notably, none of the historical uranium occurrences have been drill-tested.

Historical airborne EM work in 2017 defined conductive trends on the Project west of and sub-parallel to the Key Lake Road shear zone, corresponding with favourable metasedimentary basement lithologies. Multiple parallel conductors, offsets, and termination points indicate the trend widening and potential cross-cutting structures. Additionally, a 2007 field sampling program identified anomalous lakebed geochemical anomalies that statistically rank as greater than 95th percentile U, Co, V, and Zn along the conductor corridor, including high U/Th ratios2.

Figure 2. Geophysical map of the Rocas Project highlighting EM conductors, faults, historical uranium showings, and anomalous lakebed geochemistry.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10633/268295_a4e5e0de94dd487b_002full.jpg

Exploration Plans

The Company’s technical team will mobilize to the Rocas Project on September 30th, 2025, to undertake a detailed mapping, prospecting, and sampling program to ground-truth historical uranium showings at surface. Collected grab samples will be transported to Saskatchewan Research Council Geoanalytical Laboratories in Saskatoon, SK for geochemical analysis.

In 2024, the Company contracted MWH Geo-Surveys (Canada) Ltd. to complete a high-resolution ground gravity survey along known conductive exploration trends on the Rocas project. The survey was designed to aid in the identification of potential zones of hydrothermal alteration of host rocks associated with uranium mineralization events.

Multiple new drill target zones have been identified on the Rocas project, outlined via the confluence of low gravity anomalies, historical surface mineralization, lakebed geochemical anomalies, EM conductors, and crosscutting fault zones.

Ongoing geophysical interpretation and modeling is planned throughout 2025 to integrate historical results with newly collected datasets, which will provide high-priority drill targets and significantly derisk the Project prior to modern drilling next year.

The Company believes the Project is highly prospective for the discovery of shallow, high-grade* basement-hosted uranium mineralization. Located south of the current margin of the Athabasca Basin, Rocas boasts shallow drill targets with bedrock under minimal cover of glacial till.

3-Year Earn-In Option

The Option is exercisable by the Optionee completing cash payments and share issuances, and incurring the following exploration expenditures on the Project:

Consideration 
Payments
Consideration 
Shares
Exploration 
Expenditures
Year 1 $75,000 (1)(3)$100,000 $1,500,000
Year 2 $50,000 (2)(3)$275,000 $1,500,000
Year 3 $125,000 (2)(4)$325,000 $1,500,000
Total $250,000 $700,000 $4,500,000

 

Notes:
(1)Issuable at a deemed price equivalent to the last closing price of the common shares of the Optionee on the Canadian Securities Exchange immediately prior to entering into the Option Agreement.
(2)Issuable at a deemed price equivalent to the volume-weighted average closing price of the common shares of the Optionee on the Canadian Securities Exchange in the thirty (30) trading days immediately prior to issuance.
(3)Subject to an eighteen (18) month escrow, with three (3) equal releases on the six (6), twelve (12) and eighteen (18) month anniversaries of issuance.
(4)Subject to a twelve (12) month escrow, with two (2) equal releases on the six (6) and twelve (12) month anniversaries of issuance.

Prior to exercise of the Option, the Company will act as the operator of the Project and will be entitled to charge a 10% fee on expenditures in Year 1, increasing to 12% in Year 2 and Year 3.

Following successful completion of the obligations of the Option (i.e., at the end of Year 3), Optionee will acquire a 75% equity in the Property, with Standard retaining 25% as well as a 2.5% net smelter returns royalty on the Project, of which 1.0% may be purchased back at any time for a one-time cash payment of $1,000,000.

The parties intend on forming an unincorporated joint venture for the further development of the Project. No finders’ fee is payable by the Company in connection with the Option.

Qualified Person Statement

The scientific and technical information contained in this news release has been reviewed, verified, and approved by Sean Hillacre, P.Geo., President and VP Exploration of the Company and a ‘qualified person’ as defined in NI 43-101.

Historical data disclosed in this news release relating to sampling results from previous operators are historical in nature. Neither the Company nor a qualified person has yet verified this data and therefore investors should not place undue reliance on such data. The Company’s future exploration work may include verification of the data. The Company considers historical results to be relevant as an exploration guide and to assess the mineralization as well as economic potential of exploration projects.

References

1 Mineral Assessment Report 74B09-0007: Uranex Ltd., 1977 & SMDI# 2465: https://mineraldeposits.saskatchewan.ca/Home/Viewdetails/2465

2 Mineral Assessment Report 74B09-0032: Forum Uranium Corp., 2007

*The Company considers uranium mineralization with concentrations greater than 1.0 wt% U3O8 to be ‘high-grade’.

**The Company considers radioactivity readings greater than 300 counts per second (cps) to be ‘anomalous’.

About Standard Uranium (TSXV: STND,OTC:STTDF)

We find the fuel to power a clean energy future

Standard Uranium is a uranium exploration company and emerging project generator poised for discovery in the world’s richest uranium district. The Company holds interest in over 235,435 acres (95,277 hectares) in the world-class Athabasca Basin in Saskatchewan, Canada. Since its establishment, Standard Uranium has focused on the identification, acquisition, and exploration of Athabasca-style uranium targets with a view to discovery and future development.

Standard Uranium’s Davidson River Project, in the southwest part of the Athabasca Basin, Saskatchewan, comprises ten mineral claims over 30,737 hectares. Davidson River is highly prospective for basement-hosted uranium deposits due to its location along trend from recent high-grade uranium discoveries. However, owing to the large project size with multiple targets, it remains broadly under-tested by drilling. Recent intersections of wide, structurally deformed and strongly altered shear zones provide significant confidence in the exploration model and future success is expected.

Standard Uranium’s eastern Athabasca projects comprise over 43,185 hectares of prospective land holdings. The eastern basin projects are highly prospective for unconformity related and/or basement hosted uranium deposits based on historical uranium occurrences, recently identified geophysical anomalies, and location along trend from several high-grade uranium discoveries.

Standard Uranium’s Sun Dog project, in the northwest part of the Athabasca Basin, Saskatchewan, is comprised of nine mineral claims over 19,603 hectares. The Sun Dog project is highly prospective for basement and unconformity hosted uranium deposits yet remains largely untested by sufficient drilling despite its location proximal to uranium discoveries in the area.

For further information, contact:

Jon Bey, Chief Executive Officer, and Chairman
Suite 3123, 595 Burrard Street
Vancouver, British Columbia, V7X 1J1

Tel: 1 (306) 850-6699
E-mail: info@standarduranium.ca

Cautionary Statement Regarding Forward-Looking Statements

This news release contains ‘forward-looking statements’ or ‘forward-looking information’ (collectively, ‘forward-looking statements’) within the meaning of applicable securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as of the date of this news release. Forward-looking statements include, but are not limited to, statements regarding the intended use of proceeds from the Offering.

Forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those expressed or implied by forward-looking statements contained herein. 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. Certain important factors that could cause actual results, performance or achievements to differ materially from those in the forward-looking statements are highlighted in the ‘Risks and Uncertainties’ in the Company’s management discussion and analysis for the fiscal year ended April 30, 2024.

Forward-looking statements are based upon a number of estimates and assumptions that, while considered reasonable by the Company at this time, are inherently subject to significant business, economic and competitive uncertainties and contingencies that may cause the Company’s actual financial results, performance, or achievements to be materially different from those expressed or implied herein. Some of the material factors or assumptions used to develop forward-looking statements include, without limitation: the future price of uranium; anticipated costs and the Company’s ability to raise additional capital if and when necessary; volatility in the market price of the Company’s securities; future sales of the Company’s securities; the Company’s ability to carry on exploration and development activities; the success of exploration, development and operations activities; the timing and results of drilling programs; the discovery of mineral resources on the Company’s mineral properties; the costs of operating and exploration expenditures; the presence of laws and regulations that may impose restrictions on mining; employee relations; relationships with and claims by local communities and indigenous populations; availability of increasing costs associated with mining inputs and labour; the speculative nature of mineral exploration and development (including the risks of obtaining necessary licenses, permits and approvals from government authorities); uncertainties related to title to mineral properties; assessments by taxation authorities; fluctuations in general macroeconomic conditions.

The forward-looking statements contained in this news release are expressly qualified by this cautionary statement. Any forward-looking statements and the assumptions made with respect thereto are made as of the date of this news release and, accordingly, are subject to change after such date. The Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws. 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.

Neither the TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) 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/268295

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VVC Exploration Corporation, dba VVC Resources (‘VVC’ or the ‘Company’) (TSX-V: VVC; OTC: VVCVF) today announces its strategic development of the Central Kansas Uplift (‘CKU’) Project, an initiative being advanced through VVC’s wholly owned subsidiary, Plateau Helium Corporation (‘PHC’). The CKU Project targets helium-rich natural gas within multiple stacked reservoirs in Rush and Pawnee Counties, Kansas, where PHC has assembled a meaningful lease position and identified multiple well development locations. The CKU Project is a very mature exploration area with thousands of historic wells drilled. These wells provide a tremendous volume of geologic, engineering, and production data that is used to guide and de-risk PHC’s development plans.

The project overlies the Central Kansas Uplift, an area with historical helium concentrations ranging from 1.5%–6%. Geologically, there are areas within the CKU that consist of up to eight stacked helium-rich reservoir zones with typical well depths of 2,500–5,000 feet. The Company has leased 10,875 acres of an area of interest (AOI). The AOI has 160 potential drilling locations. The CKU area provides existing midstream infrastructure as evidenced by multiple gas pipelines, processing facilities and a helium liquefier that are all located within PHC’s AOI.

‘In CKU, we are aligning subsurface opportunities with existing midstream access,’ said Chairman Terrence Martell, Ph. D. ‘The combination of stacked zones, documented helium in historic gas and oil wells, and existing pipelines provides a practical pathway to add wells methodically while managing capital intensity.’

Development is planned in phases that prioritize additional wells and processing access, while evaluating further lease expansion within the CKU fairway.

About VVC Resources
VVC engages in the exploration, development, and management of natural resources – specializing in scarce and increasingly valuable materials needed to meet the growing, high-tech demands of industries such as manufacturing, technology, medicine, space travel, and the expanding green economy. Our portfolio includes a diverse set of multi-asset, high-growth projects, comprising: Helium & industrial gas production in western U.S.; Copper & associated metals operations in northern Mexico; and Strategic investments in carbon sequestration and other green energy technologies. VVC is a Canada-based, publicly-traded company on the TSXV (TSX-V:VVC). To learn more, visit our website at: www.vvcresources.com .

On behalf of the Board of Directors
Michel J. Lafrance, Secretary-Treasurer

For further information, please contact: For further information in French, please contact:
Emily Bigelow – (615) 504-4621 Patrick Fernet – (514) 631-2727
E-mail: emily@vvcresources.com E-mail: pfernet@vvcexploration.com

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

2369 Kingston Road, PO Box 28059 Terry Town, Scarborough, ON M1N 4E7 Tel: 416-619-5304

FORWARD-LOOKING STATEMENTS:

This news release contains ‘forward-looking information’ (within the meaning of applicable Canadian securities laws) and ‘forward-looking statements’ (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995). Such statements or information are identified with words such as ‘anticipate’, ‘believe’, ‘expect’, ‘plan’, ‘intend’, ‘potential’, ‘estimate’, ‘propose’, ‘project’, ‘outlook’, ‘foresee’, ‘strategy’, ‘success’ or similar words suggesting future outcomes or statements regarding an outlook. Such statements include, among others: « … strategic development of the Central Kansas Uplift Project …; … data that is used to guide and de-risk PHC’s development plans; … provides a practical pathway to add wells methodically …; Development is planned in phases that … ».

Such forward-looking information or statements are based on several risks, uncertainties and assumptions which may cause actual results or other expectations to differ materially from those anticipated and which may prove to be incorrect. Assumptions have been made regarding, among other things, management’s expectations regarding acquisitions, production of helium, oil or gas, future development and growth, plans for and completion of projects by Company’s third-party relationships, availability of capital, and the necessity to incur capital and other expenditures. Actual results could differ materially due to a number of factors, without limitation, operational risks in the completion of Company’s anticipated projects, delays or changes in plans with respect to the development of Company’s anticipated projects by Company’s third-party relationships, risks affecting the ability to develop projects, risks in legislative changes in the applicable jurisdictions, risks inherent in operating in foreign jurisdictions, the ability to attract key personnel, risks in decrease of price of helium, gas or oil. No assurances can be given that the efforts by Company will be successful.

Although the Company believes that the expectations reflected in the forward-looking information or statements are reasonable, prospective investors in the Company’s securities should not place undue reliance on forward-looking statements because the Company can provide no assurance that such expectations will prove to be correct. Forward-looking information and statements contained in this news release are as of the date of this news release and the Company assumes no obligation to update or revise this forward-looking information and statements, except as required by law.

Investors are cautioned that notwithstanding the expectations described herein, there can be no assurance that the plans described herein will be completed as proposed. Trading in the securities of VVC should be considered highly speculative.  All forward-looking statements contained in this press release are expressly qualified in their entirety by these cautionary statements and by those made in our filings with SEDAR in Canada (available at www.sedarplus.ca ).

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Gold’s record-setting rise continued on Monday (September 29) as the price broke US$3,800 per ounce.

After spending the summer months consolidating, the yellow metal began pushing higher toward the end of August. It quickly took out US$3,500 and continued on past US$3,600, US$3,700 and now US$3,800.

The yellow metal is up over 10 percent in the last month, and about 44 percent year-to-date.

Gold price chart, June 28 to September 29, 2025.

Gold’s latest rise comes amid concerns about a US government shutdown.

Congress has until the end of Tuesday (September 30) to reach a deal on a spending bill ahead of the new fiscal year, and will close shop the next day if an agreement hasn’t been reached.

Democrats and Republicans are currently at loggerheads as Democrats push for changes to the bill, including an extension to billions of dollars in subsidies for Obamacare, and as President Donald Trump threatens thousands of permanent layoffs — not just temporary furloughs — in the event of a shutdown.

Beyond current events, gold’s rise is underpinned by factors like strong central bank buying, global geopolitical uncertainty, concerns about the US dollar and other fiat currencies and expectations of lower interest rates.

Those factors have many experts predicting a rise beyond US$4,000, potentially before the end of the year, although a correction is widely expected beforehand.

Barrick, Newmont announce leadership changes

Gold’s US$3,800 milestone comes as major miners Barrick Mining (TSX:ABX,NYSE:B) and Newmont (TSX:NGT,NYSE:NEM,ASX:NEM) announce leadership changes.

Barrick President and CEO Mark Bristow unexpectedly stepped down on Monday after nearly seven years at the helm of the company. His exit comes after major changes at the company, including a shift toward copper and an asset divestment program designed to hone the company’s focus on tier-one assets.

Bristow’s departure is effective immediately. Mark Hill, who is responsible for the company’s Latam and Asia Pacific regions, has stepped in as group COO, and interim president and CEO.

Also on Monday, Newmont announced the retirement of CEO Tom Palmer, who has held the position since 2019. He will be succeeded by Natascha Viljoen, currently the company’s president and COO, on January 1, 2026; Palmer will maintain a strategic advisor position until officially retiring on March 31, 2026.

Analysts note that Newmont had been signaling that a succession plan was in the works.

Similar to Barrick, the company has been in the midst of an extensive program geared at streamlining its portfolio. Newmont acquired Newcrest Mining in 2023, and in February 2024 announced a program to sell non-core assets. It completed the program in April of this year, but has continued to make portfolio adjustments, including the recently announced sale of the Yukon-based Coffee project to Fuerte Metals (TSXV:FMT,OTCQB:FUEMF).

During the last gold bull run, miners were criticized for allowing their costs to get out of hand, and for doing high-priced deals when the market was hot. This time around, they seem to be making efforts to remain in control and make decisions that benefit both their bottom lines and shareholders.

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

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President Donald Trump on Thursday announced a new round of punishing tariffs, saying the United States will impose a 100% tariff on imported branded drugs, 25% tariff on imports of all heavy-duty trucks and 50% tariffs on kitchen cabinets.

Trump also said he would start charging a 30% tariff on upholstered furniture next week.

He said the new heavy-duty truck tariffs were to protect manufacturers from “unfair outside competition” and said the move would benefit companies such as Paccar-owned PCAR.O Peterbilt and Kenworth and Daimler Truck-owned DTGGe.DE Freightliner.

Trump has launched numerous national security probes into potential new tariffs on a wide variety of products.

He said the new tariffs on kitchen, bathroom and some furniture were because of huge levels of imports that were hurting local manufacturers.

“The reason for this is the large-scale ‘FLOODING’ of these products into the United States by other outside Countries,” Trump said, citing national security concerns about U.S. manufacturing.

The U.S. Chamber of Commerce urged the department not to impose new tariffs, noting the top five import sources are Mexico, Canada, Japan, Germany and Finland “all of which are allies or close partners of the United States posing no threat to U.S. national security.”

Mexico is the largest exporter of medium- and heavy-duty trucks to the United States. A study released in January said imports of those larger vehicles from Mexico have tripled since 2019.

Higher tariffs on commercial vehicles could put pressure on transportation costs just as Trump has vowed to reduce inflation, especially on consumer goods such as groceries.

Tariffs could also affect Chrysler-parent Stellantis STLAM.MI, which produces heavy-duty Ram trucks and commercial vans in Mexico. Sweden’s Volvo Group VOLVb.ST is building a $700 million heavy-truck factory in Monterrey, Mexico, set to start operations in 2026.

Mexico is home to 14 manufacturers and assemblers of buses, trucks, and tractor trucks, and two manufacturers of engines, according to the U.S. International Trade Administration.

The country is also the leading global exporter of tractor trucks, 95% of which are destined for the United States.

“We need our Truckers to be financially healthy and strong, for many reasons, but above all else, for National Security purposes!” Trump added.

Mexico opposed new tariffs, telling the Commerce Department in May that all Mexican trucks exported to the United States have on average 50% U.S. content, including diesel engines.

Last year, the United States imported almost $128 billion in heavy vehicle parts from Mexico, accounting for approximately 28% of total U.S. imports, Mexico said.

The Japanese Automobile Manufacturers Association also opposed new tariffs, saying Japanese companies have cut exports to the United States as they have boosted U.S. production of medium- and heavy-duty trucks.

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A group of the country’s top economic leaders, including every living former Federal Reserve chair, filed an amicus brief with the Supreme Court on Thursday in support of Fed governor Lisa Cook, who President Donald Trump is seeking to remove.

The group, led former central bank chiefs Alan Greenspan, Ben Bernanke and Janet Yellen, said that “allowing the removal of Governor Lisa D. Cook while the challenge to her removal is pending would threaten that independence and erode public confidence in the Fed.”

The bipartisan group, which also includes former Treasury Secretaries Robert Rubin, Larry Summers, Hank Paulson, Jack Lew and Timothy Geithner, added that “the independence of the Federal Reserve, within the limited authority granted by Congress to achieve the goals Congress itself has set, is a critical feature of our national monetary system.”

As the U.S. central bank, the Federal Reserve is part of the U.S. government and its leaders are put in place by elected officials, but it also retains a considerable amount of independence that is meant to allow it to make decisions purely out of economic concerns rather than political ones.

The former economic officials said that an erosion of Fed independence could result “in substantial long-term harm and inferior economic performance overall.”

The Supreme Court is considering whether Trump has the authority to fire Cook, who has been a target for the White House for weeks as part of a broader pressure campaign to push the Fed to more aggressively cut interest rates.

Cook’s attempted removal stems from allegations of mortgage fraud, made in August by top Trump ally and Federal Housing Finance Authority Director Bill Pulte.

Cook has repeatedly denied the allegations and has not been charged with any crime. Documents reviewed by NBC News in mid-September appeared to contradict Pulte’s allegations.

Two courts have so far blocked Cook’s removal, leading Trump to ask the Supreme Court a week ago to allow him to fire her. In a court filing, Solicitor General D. John Sauer said a judge’s ruling that blocked the firing constituted “improper judicial interference.”

In a filing to the Supreme Court on Thursday, Cook’s lawyers said that ‘she committed neither ‘fraud’ nor ‘gross negligence’ in relation to her mortgages.’

Cook asked the court to deny Trump’s attempt to remove her while the case is argued.

The White House has repeatedly maintained that Trump “lawfully removed Lisa Cook for cause.”

The brief filed Thursday is a who’s who of the country’s top economic minds. Former Fed governor Dan Tarullo is also listed as a signatory to the brief, as well as the economists Ken Rogoff, Phil Gramm and John Cochrane.

Glenn Hubbard, Greg Mankiw, Christina Romer, Cecilia Rouse, Jared Bernstein and Jason Furman, a group who served as top officials on the White House’s council of economic advisers during Republican and Democrat administrations, also signed the brief.

None of the officials who signed the filing have served in either of Trump’s administrations.

Lisa Cook is sworn in during a Senate Banking hearing in 2023.Drew Angerer / Getty Images file

Trump is the first president in U.S. history to try to remove a sitting Fed official.

‘There is broad consensus among economists, based on decades of macroeconomic research, that a more independent central bank will lead to lower and more stable inflation without creating higher unemployment — thus helping to achieve the Federal Reserve’s statutory objective of price stability and maximum employment,’ the officials said in the brief.

‘The Federal Reserve walks a careful line in pursuit of its goals.’

They noted that ‘elected officials often favor lowering interest rates to boost employment, particularly leading up to an election.’

‘Although that approach may satisfy voters temporarily, it does not lead to lasting gains for unemployment or growth and can instead lead to persistently higher inflation in the long-term and thus ultimately harm the national economy.’

The former Fed chairs and economic officials, in their filing, highlight a notorious case of political pressure on the Fed:

‘In the early 1970s, President Richard Nixon famously exerted political pressure over then-Chair of the Fed Arthur Burns to lower unemployment by reducing interest rates. During this period ‘the Fed made only limited efforts to maintain policy independence and, for doctrinal as well as political reasons, enabled a decade of high and volatile inflation.’ This contributed to an ‘inflationary boom’ and deep recession that took years to bring back under control.’

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Precious metals are wrapping up a record-setting week once again.

Silver was in the spotlight, pushing past US$46 per ounce, a price not seen since 2011. At that level, it’s up about 55 percent year-to-date, a better performance than gold.

Still, gold’s price activity is nothing to sneeze at. The yellow metal had another record-setting week, this time getting close to US$3,800 per ounce. It continues to see support from a variety of underlying factors, but turning heads this week was the news that China is looking to boost its position in the global gold market by becoming a custodian of foreign sovereign gold reserves.

People familiar with the matter said that in recent months the Asian nation has been approaching central banks in ‘friendly’ countries with the aim of encouraging them to buy gold and store it in China. Experts see the move as yet another part of the de-dollarization trend.

If China is successful, foreign gold reserves would be held in custodian warehouses linked to the international board of the Shanghai Gold Exchange. The board was set up by the People’s Bank of China in 2014, and is where foreign entities trade gold with Chinese counterparts.

Also relevant for gold this week were comments from US Federal Reserve Chair Jerome Powell. During a Providence, Rhode Island, speech on Tuesday (September 23), he indicated that the central bank will take a cautious approach to interest rates after last week’s 25 basis point cut.

The Fed has faced ongoing calls from US President Donald Trump to make bigger cuts more quickly, and while Powell continues to resist pressure, CME Group’s (NASDAQ:CME) Fedwatch tool still shows that a reduction is highly likely at the Fed’s October meeting.

With gold trading at or near all-time highs, a key question for investors is whether the price has more room to run. I’ve been speaking with a variety experts about that topic, and I encourage you to go check out the interviews on our YouTube channel to hear their full thoughts.

For now I’ll sum up the view points I’ve been hearing most often.

First and foremost, the message I’ve been getting is that gold’s run is not over — US$4,000, which once sounded like a fairly distant number, is now only US$200 to US$300 away, and many market watchers see it getting there by the end of the year, if not sooner.

Prices beyond US$4,000 are also being talked about as attainable.

There is of course a caveat, and that is that nothing can go straight up, including gold. Especially now after its rapid upward momentum, the broad consensus is that a correction is all but guaranteed, and perhaps soon. Here’s how Steve Barton of In It To Win It explained it:

‘I would be pretty shocked if we got up to US$4,000 and didn’t have some type of corrective move. I suppose anything’s possible — we blew through US$3,750, I didn’t expect that. So maybe it’ll go on up. But we’re getting pretty stretched here.’

Bullet briefing — Freeport drops, Lithium Americas spikes

Copper up on Freeport force majeure

Copper prices were on the rise this week after major miner Freeport-McMoRan (NYSE:FCX) declared force majeure at its Indonesia-based Grasberg copper-gold mine.

Grasberg has been offline since September 8, when around 800,000 metric tons of mud flowed into underground levels at the operation. Seven employees went missing during the incident, with two now confirmed to have died; search efforts continue for the other five.

Freeport has cut its copper and gold sales guidance for the third quarter of the year, and expects to defer ‘significant’ production in Q4 as well as 2026. Preliminary assessments suggest that Grasberg may not return to pre-incident operating rates until 2027.

The company’s share price took a dive on the back of the news.

Putting the impact into context, Bloomberg notes that prior to the disruption, Grasberg accounted for about 3.2 percent of copper mine supply this year, as well as 30 percent of Freeport’s copper output and 70 percent of its gold production.

Lithium Americas shares spike

On the opposite end of the spectrum, Nevada-focused Lithium Americas (TSX:LAC,NYSE:LAC) saw its share price spike over 100 percent this week after Reuters reported that the Trump administration may be gearing up to take a 10 percent equity stake in the company.

Lithium Americas finalized a US$2.26 billion loan from the US Department of Energy last year, but the government has been looking to renegotiate terms due to concerns about low lithium prices.

Lithium Americas reportedly proposed a change in the loan’s amortization schedule, with the request for an equity stake in the company coming during those discussions.

Reuters states that to secure its funding, Lithium Americas offered the government no-cost warrants that would equate to 5 to 10 percent of its common shares.

The loan is tied to the company’s Thacker Pass lithium project, which is set to open in 2028.

‘President Trump supports this project. He wants it to succeed and also be fair to taxpayers. But there’s no such thing as free money,’ an anonymous White House official told the news outlet.

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

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(TheNewswire)

GRANDE PRAIRIE, ALBERTA (September 26, 2025) TheNewswire – Angkor Resources Corp. (TSXV: ANK,OTC:ANKOF) (‘ANGKOR’ OR ‘THE COMPANY’) The Board of Directors, in recognition of exceptional performance and dedication, announces that they has chosen to   grant a total of 4,775,000 stock options to acquire the same number of common shares of the Company to Directors, Officers and consultants at a price of $0.255 per share, Certain options issued to Consultants are subject to vesting requirements. The options were granted pursuant to the Company’s Stock Option Plan as approved by the Shareholders at the meeting in 2025 and are subject to the terms of the applicable grant agreements and the requirements of the TSX Venture Exchange. 2,600,000 of the options issued to Directors and officers expire 3 years from the date of the grant, with the remaining 2,175,000 options having a term of either 2 or 1 years subject to the optionees continuing to act as consultants of the Company.

Options are issued in accordance with the policies of the Company and are subject to approval of the TSX-V Exchange.

The Company also announces it has contracted King Tide Media LLC  to assist in an awareness campaign.  The agreement is for a one-month period for US $35,000, commencing on September 22, 2025.  King Tide, services includes digital marketing and content creation. The Company and King Tide maintain an arm’s-length relationship, and no securities will be issued as compensation for marketing services.

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.  The company’s mineral subsidiary, Angkor Gold Corp. in Cambodia holds two mineral exploration licenses in Cambodia and its Cambodian energy subsidiary, EnerCam Resources, is actively exploring Cambodia’s onshore Block VIII of 4200 square kilometers in the southwest quadrant of 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.

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.

News Provided by TheNewsWire via QuoteMedia

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