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Trump urged to aid Yemen’s anti-Houthi forces as terror group escalates attacks on shipping

Politics 4 Mins Read

The State Department on Sunday blasted Yemen’s Iran-sponsored Houthi terrorist movement for lethal attacks on cargo ships in the Red Sea and on Israel as new calls emerged for President Donald Trump to support Yemen’s legitimate government to topple the Houthi regime.

Walid Phares, a leading American expert on the Middle East, told Fox News Digital that regarding ‘negotiations with Hamas and the regime in Tehran, in my view, Iran is simply buying time to rearm and resume its regional expansion.’ 

Phares said if the talks fail, there is a need ‘to reassemble a ground force comprised of units loyal to the legitimate Yemeni government (now in exile in Aden), and—crucially—the Southern Transitional Council (STC), whose forces are based in the Aden region and maintain frontlines adjacent to Houthi-controlled territory. Notably, STC forces have achieved the most significant victories against the Khomeinist militias in past years.’ 

Phares, who advised Trump when he was a candidate for president in 2016, continued, saying that ‘The United States should back, fund, and train these southern forces for renewed ground operations along the Red Sea coast, particularly to retake the vital port city of Hodeidah. Simultaneously, northern units loyal to the Yemeni government could advance toward the capital, Sanaa. Allied airpower would provide the necessary cover to enable a southern-northern pincer movement that could collapse the Houthi hold on Yemen and eliminate the threat entirely.’

He argued that ‘This would pave the way for future negotiations—not with Tehran’s proxies—but with a federated, pro-Western Yemeni government independent of Iranian influence. ‘

In May, Trump announced that after a military air campaign against the Houthi movement, saying the Houthis ‘just don’t want to fight…and we will honor that. We will stop the bombings.’

The Houthi terrorists, however, appear to have violated their pledge to Trump to stop attacks in the Red Sea.

Department of Defense spokesman Sean Parnell told Fox News Digital, ‘The DOD remains prepared to respond to any state or non-state actor seeking to broaden or escalate conflict in the region. Secretary Hegseth continues to make clear that, should Iran or its proxies threaten American personnel in the region, the United States will take decisive action to defend our people. We will not discuss future operations.’

Fox News Digital reported on July 7 that Israel exchanged missile fire with Iran-backed Houthi rebels in Yemen on Monday, targeting the group’s ports and other facilities.

Israel’s initial strikes came in reaction to a suspected Houthi attack on a Liberian-flagged ship in the Red Sea. The vessel was targeted with explosives and small arms fire, causing it to take on water and forcing the crew to abandon ship. The Houthis have not yet claimed responsibility for the attack. Israel’s military issued a warning prior to its attack, which targeted ports at Hodeida, Ras Isa and Salif.

‘These ports are used by the Houthi terrorist regime to transfer weapons from the Iranian regime, which are employed to carry out terrorist operations against the state of Israel and its allies,’ the Israeli military said.

The Houthi attacks last week resulted in the sinking of the bulk carrier Magic Seas, resulting in the presumed killings of four people and 11 others who are missing, according to an AP report.

The announcement came as satellite photos show long, trailing oil slicks from where the bulk carrier Eternity C went down, and another when the Houthis sank the bulk carrier Magic Seas.

The Times of Israel reported that both ships were attacked over a week ago by the rebels as part of their campaign targeting vessels over the war in Gaza. The Houthi campaign has upended shipping in the Red Sea, through which $1 trillion of goods usually passes a year.

A spokesperson for the State Department told Fox News Digital, ‘The United States condemns these attacks. These recent attacks have led to the loss of life, injury to sailors, and the sinking of cargo ships.Houthi attacks continue to endanger the lives of seafarers, harm economies across the region, and risk environmental disaster.’

The spokesperson added, ‘Global freedom of navigation and Israel have been under attack by the Houthi rebels for too long. The U.S. supports Israel’s ability to exercise its right to self-defense.’

After the Biden administration de-listed the Houthi movement as a foreign terrorist organization, the Trump administration swiftly restored the terrorist designation in March. 

The official slogan of the Houthi movement (Ansar Allah) reads, ‘Allah is Greater. Death to America. Death to Israel. Curse on the Jews. Victory to Islam.’ 

Fox News Digital’s Anders Hagstrom and AP contributed to this report.

This post appeared first on FOX NEWS

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Politics

Ignore outrageous attacks on Trump’s DOJ champion. He belongs on the bench

Politics 5 Mins Read

In recent weeks, some public commentary has accused the Department of Justice of defying court orders and insinuated that Emil Bove’s confirmation will undermine the rule of law. Nothing could be further from the truth. The Department of Justice follows court orders—even when those orders are legally unsound or deeply flawed. And Emil is the most capable and principled lawyer I have ever known. His legal acumen is extraordinary, and his moral clarity is above reproach. The Senate should swiftly confirm him to the U.S. Court of Appeals for the Third Circuit.

This administration has repeatedly been targeted with sweeping, overreaching injunctions, often issued by ideologically aligned judges in defiance of settled law—including orders of the Supreme Court. Time and again, these rulings have been reversed on appeal, and easily so.  The pattern is familiar by now: aggressive district court orders grab headlines, only to be walked back when subjected to the slightest judicial scrutiny. 

Despite this consistent trend, the persistent narrative in the media and in the legal community is that it is the Department of Justice that ignores courts. That is plainly wrong. Disagreements over interpretation do not constitute defiance, any more than does filing an appeal. And, histrionics aside, good-faith disputes over timing and implementation of court orders do not represent insubordination—especially given the very difficult and novel problems presented by implementing the unprecedentedly overbroad and vague court orders imposed on this administration. The Department of Justice invariably complies with court orders no matter how much it disagrees with the underlying reasoning or the egregiousness of the judicial error. The appellate process has always been the means of securing relief from an erroneous order, and it still is.

You will search in vain for any critique of district judges who abuse their power and issue baseless injunctions in the editorial pages of The New York Times, CNN, or even the WSJ—even where those injunctions are reversed or stayed on appeal. 

The same commentators who foment anger over the Department of Justice’s good-faith efforts to comply with legally unsound court orders are silent when Article III judges overreach and issue rulings that interfere with the President’s authority and undermine the rule of law.

That brings me to my friend and colleague, Emil. The dedicated lawyers of the Department of Justice work tirelessly to comply with court orders and to promote the rule of law. There is no finer example of that dedication than Emil. 

In a thankless job, Emil expects excellence and courage from every lawyer in the Department, no matter the opposition faced. He pushes our dedicated lawyers to meet the moment and the mission of defending this administration against those who seek to block President Donald Trump from fulfilling his promises to the American people. And he consistently requires the highest level of integrity from all Department employees. 

Unfortunately, but unsurprisingly, the media has recently amplified slanderous attacks on Emil’s character based on a foundation of selective leaks, misleading reporting, and falsehoods. I am taking this opportunity to clear up a few of those misconceptions.

First, as to the termination of the leaker, it was Attorney General Pam Bondi and I who decided to terminate his employment. It was not Emil’s decision. And contrary to media spin, the employee was terminated for failing to defend his client—the United States of America—in open court; he was not dismissed for admitting an error in court. 

In his courtroom statements, the leaker distanced himself from the Department’s position and attempted to undermine the credibility of his own client. That is not zealous representation. That is an unethical dereliction of duty, which no client should be required to countenance.  

Moreover, Emil has never encouraged lawyers or anyone else to act in defiance of a court order. There was no order to violate at the time of the alleged statements. No injunctive relief had been granted—oral or written. No directive was issued to reverse any executive action. These facts are not in dispute, not even by the leaker. And most critically, after Judge Boasberg did issue an order in the relevant case, the Department fastidiously complied. That is not speculation. That is the explicit position taken by the leaker himself, who signed the government’s brief affirming the United States’ compliance on March 25, 2025. 

The same kind of distortions are being used to attack the Department’s lawful dismissal of the irreparably flawed case against New York Mayor Eric Adams. That decision was reviewed and approved by Department leadership and grounded in sound legal judgment. The judge agreed, granting the government’s motion to dismiss. 

That should end the conversation. But for those who insist on rehashing internal dissent and resignations, it should be obvious that disagreements within the Department do not render a decision unlawful or unethical. To the contrary, Emil’s integrity was displayed when he himself argued the case in favor of dismissal, even as his former colleagues in SDNY retreated. 

Before the Senate Judiciary Committee, Emil attested what those lucky enough to work with him already know to be true: he believes deeply in the rule of law, and in the importance of court orders. And what he has done time and again over the course of his career is bring rigor, integrity, and decency to his work. 

Emil has the backbone for hard cases, the restraint to wield judicial authority judiciously, and the intellect to master complexity. He will decide cases fairly. He will apply the law as written. He will not bend to political pressure. And that is exactly the kind of judge our country needs.

Emil is a dedicated public servant, an exemplary lawyer, and a person of quiet strength and deep character. 

The Senate should reject the smear campaign and vote to confirm him to the Third Circuit. Justice demands nothing less. 

This post appeared first on FOX NEWS

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Politics

Senate Republicans, do the right thing on Trump’s unfit judicial nominee

Politics 5 Mins Read

This week, Republican members of the Senate Judiciary Committee will once again be asked to draw the line between what is permissible and impermissible for a Trump nominee, when they decide whether Emil Bove’s nomination to the Third Circuit Court of Appeals should receive a full Senate vote.

Confirming Bove would mean redrawing that line to ignore serious concerns about his truthfulness under oath. I was in the room when he made statements that my colleagues and I understood as threats—meant to pressure us into signing a motion to dismiss the federal criminal case against New York City Mayor Eric Adams. Mr. Bove has since denied making any such statements in testimony before the Senate Judiciary Committee, but those denials do not reflect what actually took place.

In February of this year, then-Acting Deputy Attorney General Emil Bove ordered prosecutors in my former office, the Public Integrity Section, to dismiss the bribery case against Mayor Adams. Bove openly admitted in a memorandum that the dismissal was unrelated to the facts and the law. This led to the resignation of five Public Integrity Section prosecutors, including me, to go along with prosecutors from the U.S. Attorney’s Office in New York, who also refused the order and resigned. 

The Public Integrity Section has since been reduced to less than five prosecutors, meaning the only component of the Justice Department’s Criminal Division dedicated to prosecuting domestic public corruption exists almost entirely in name only today. 

In his written responses to members of the Senate Judiciary Committee, Bove flatly denied that he ever so much as suggested a threat to me and my colleagues, explaining that during the meeting with our section, ‘[i]t was never my intention to coerce, pressure, or induce an DOJ attorney – through adverse employment actions, threats, rewards, or otherwise – to sign the motion to dismiss the charges against Mayor Adams.’ But by the time of that meeting, it’s undisputed that he had already accepted the forced resignation of the U.S. Attorney in New York, put line prosecutors from that office on administrative leave for not signing the motion, and forced the entirety of the Public Integrity Section’s management to resign when it refused to carry out his order. And how does his denial square with his admission that he generally recalls ‘[telling us] he didn’t want to get anyone in trouble … so he didn’t want to know who was opposed to signing the motion’? 

Bove’s nomination would mark a troubling precedent: confirming a nominee who, in my view, gave testimony that was so obviously misleading to the committee and the American public. That’s what makes this so profoundly disturbing. Previous contested judicial confirmation hearings have involved accusations where one nomination’s credibility was pitted against that of an accuser, or judicial credentials were questioned. But never before has a nominee testified in such a demonstrably brazen manner with a wink and nod to the Republican committee members. 

There is only one realistic hope to prevent Bove’s nomination from moving forwardto a full floor vote, and it rests on the shoulders of Sen. Thom Tillis. The North Carolina Republican, a staunch conservative, has previously demonstrated political courage by speaking for his principles, not his party, on many issues. He believes in ‘calling the balls and strikes.’ 

Sen. Tillis prevented the confirmation of Edward Martin, the woefully unqualified nominee for U.S. Attorney in the District of Columbia, who used his office to pen threatening, typo-ridden letters to Democratic members of Congress, defense attorneys, and Georgetown University. Bove poses a far graver threat, in that his would be a lifetime tenure to a judicial branch he believes should not be a check on the president’s power.

Moreover, Trump’s latest tussle with Leonard Leo and the Federalist Society further reveals that he is no longer looking for jurists who are conservatives, but rather, loyalists. So, who would be better to elevate from a federal circuit court to the Supreme Court if Justices Thomas or Alito decided to retire before 2028 than Bove? 

On the Sunday night before I sent my resignation letter to Attorney General Bondi (Bove was cc-ed) on Monday, I was clearing out my belongings from my office when I noticed that someone had prominently placed a plaque on our reception desk. It quoted Abraham Lincoln: ‘If you want to test a man’s character, give him power.’ 

Bove served as line prosecutor earlier in his career – he knows the prosecutor’s code. But, in my experience, it appears that once he had a whiff of power, Bove was willing to abuse it. With his smug testimony, Bove has essentially called the Republicans’ bluff, believing that Sen. Tillis and the others won’t have the courage to vote against him.

Citizens of all political persuasions should hope that Sen. Tillis shows the courage and character that Bove lacks by voting no on his confirmation.

This post appeared first on FOX NEWS

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Business

Inflation picks up again in June as tariffs slowly work their way through U.S. economy

Business 3 Mins Read

Consumer prices rose in June as President Donald Trump’s tariffs began to slowly work their way through the U.S. economy.

The consumer price index, a broad-based measure of goods and services costs, increased 0.3% on the month, putting the 12-month inflation rate at 2.7%, the Bureau of Labor Statistics reported Tuesday. The numbers were right in line with the Dow Jones consensus, though the annual rate is the highest since February.

Excluding volatile food and energy prices, core inflation picked up 0.2% on the month, with the annual rate moving to 2.9%, with the annual rate in line with estimates. The monthly level was slightly below the outlook for a 0.3% gain.

A worker prices produce at a grocery store in San Francisco, California, US, on Friday, June 7, 2024.David Paul Morris / Bloomberg via Getty Images

Prior to June, inflation had been on a generally downward slope for the year, with headline CPI at a 3% annual rate back in January and progressing gradually slower in the subsequent months despite fears that Trump’s trade war would drive prices higher.

While the evidence in June was mixed on how much influence tariffs had over prices, there were signs that the duties are having an impact.

Vehicle prices fell on the month, with prices on new vehicles down 0.3% and used car and trucks tumbling 0.7%. However, tariff-sensitive apparel prices increased 0.4%. Household furnishings, which also are influenced by tariffs, increased 1% for the month.

Shelter prices increased just 0.2% for the month, but the BLS said the category was still the largest contributor to the overall CPI gain. The index rose 3.8% from a year ago. Within the category, a measurement of what homeowners feel they could receive if they rented their properties increased 0.3%. However, lodging away from home slipped 2.9%.

Elsewhere, food prices increased 0.3% for the month, putting the annual gain at 3%, while energy prices reversed a loss in May and rose 0.9%, though they are still down marginally from a year ago. Medical care services were up 0.6% while transportation services edged higher by 0.2%.

With the rise in prices, inflation-adjusted hourly earnings fell 0.1% in June, the BLS said in a separate release. Real earnings increased 1% on an annual basis.

Markets largely took the inflation report in stride. Stock market indexes were mixed while Treasury yields were mostly negative.

Amid the previously muted inflation ratings, Trump has been urging the Federal Reserve to lower interest rates, which it has not done since December. The president has insisted that tariffs are not aggravating inflation, and has contended that the Fed’s refusal to ease is raising the costs the U.S. has to pay on its burgeoning debt and deficit problem.

Central bankers, led by Chair Jerome Powell, have refused to budge. They insist that the U.S. economy is in a strong enough position now that the Fed can afford to wait to see the impact tariffs will have on inflation. Trump in turn has called on Powell to resign and is certain to name someone else to the job when the chair’s term expires in May 2026.

Markets expect the Fed to stay on hold when it meets at the end of July and then cut by a quarter percentage point in September.

This post appeared first on NBC NEWS

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Stock

Tech Takes the Spotlight Again—Are You Watching These Stocks?

Stock 4 Mins Read

Relatively healthy earnings reports from the big banks and a June inflation report that came in line with analyst expectations didn’t give the stock market much of a lift, as the S&P 500 ($SPX) and Dow Jones Industrial Average ($INDU) both ended the day lower. The only major index to shine was the Nasdaq Composite ($COMPQ), which closed at a record high.

Technology stocks were the stars of the show. It wasn’t a blowout rally, but the sector still managed to finish in the green. Why? There were a couple of key developments that gave tech a nice boost.

First, semiconductors got some breathing room. Restrictions on chip sales to China were relaxed, and that gave big names like NVIDIA Corp. (NVDA) and Advanced Micro Devices (AMD) a reason to rally. 

Second, there’s a push from the government to invest in AI and energy initiatives in Pennsylvania. One of the biggest winners was Super Micro Computer, Inc. (SMCI), which jumped 6.9% — the biggest percentage gain in the S&P 500. You can see from the StockCharts MarketCarpet for the S&P 500 stocks that, besides the top-weighted stocks in the index, it was mostly a sea of red.

FIGURE 1. MARKETCARPET FOR TUESDAY, JULY 15. Technology was the clear leader, with the largest cap-weighted stocks leading the sector higher.Image source: StockCharts.com. For educational purposes.

Semiconductors Show Strength

If you’ve been watching semiconductors, you may have noticed that the SPDR S&P Semiconductor ETF (XSD) has been on a roll. Since April, the ETF has stayed above its 20-day exponential moving average (EMA). The relative performance of XSD against the SPDR S&P 500 ETF (SPY) has been improving, and its relative strength index (RSI) is at around 62, an indication that momentum is at healthy levels (see chart below). It’s important to note that since May, the RSI has remained above 50, which is supportive of XSD’s upside movement.

Note: StockCharts members can access this chart from the Market Summary page or the Market Summary ChartPack (under US Industries > Bellwether Industries).

FIGURE 2. DAILY CHART OF XSD. Since April, XSD has been trending higher and is now trading above its 21-day EMA.Chart source: StockCharts.com. For educational purposes.

How to Track Semiconductor Stocks

If the environment for semiconductors remains strong, there could be more upside for stocks in that space. A simple way to keep tabs on the stocks using StockCharts tools is to create a ChartList of semiconductor stocks you’re interested in owning.

  • Begin by heading to the US Sectors panel in the Market Summary page or the Sector Summary page on your Dashboard.
  • Click Sector Drill-Down > Technology Sector Fund > Semiconductors.
  • You’ll see the list of semiconductor stocks that make up the industry group.

From there, I prefer to sort the data by the Universe (U) column, starting with the large caps and then the StockCharts Technical Rank (SCTR) score to find large-cap technically strong stocks. You can then view the charts on the list. If you see a chart that appears to have a favorable risk-to-reward ratio, you can save it to your Semiconductor ChartList.

FIGURE 3. SEMICONDUCTOR STOCKS TO REVIEW. The sector drill-down will uncover stocks in leading sectors or industry groups. Scroll down the list to identify charts that meet your investment or trading criteria. Image source: StockCharts.com. For educational purposes.

As you review the charts in your ChartList, you can identify potential support and resistance levels and set alerts to notify you when prices reach your key levels. It’s a great way to stay proactive.

The Bottom Line

This type of top-down analysis helps you stay one step ahead of the market. Start with the broad market, then narrow down to sectors, then industry groups, and then individual stocks. By taking a proactive approach to managing your investments, you’re always preparing for the stock market’s next move.

Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional.

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Investing

Seabed Mining Heats Up as Lockheed Martin Courts Interest in Pacific Licenses

Investing 5 Mins Read

Defense manufacturer Lockheed Martin (NYSE:LMT) is in early talks with undersea mining companies to open access to two dormant seabed exploration licenses it has held since the 1980s

The move signals a renewed US push to tap the ocean floor for critical minerals.

The licenses, which cover swaths of the eastern Pacific seabed in international waters, were awarded to Lockheed by US regulators decades ago during a previous wave of interest in deep-sea mining.

Though the projects never progressed to extraction, they are now gaining fresh attention as nations and corporations seek alternative sources of key minerals used in electric vehicles, defense technologies, and clean energy systems.

“We are in early stages of conversations with several companies about giving them access to our licences and allowing them to process those materials,” Frank St. John, Lockheed’s chief operating officer, told the Financial Times.

While St. John declined to quantify the potential value of the deposits, he added that interested parties have “done the homework and determined there is value there.”

Lockheed’s seabed licenses could represent a strategic foothold in a mineral-rich region, containing polymetallic nodules that can hold commercially viable concentrations of key metals.

The timing also coincides with recent executive action from the White House.

USPresident Donald Trump, who returned to office in January, signed an executive order in April asserting US rights to issue mining licenses in international waters and encouraging the stockpiling of seabed metals as strategic resources.

The order bypasses ongoing negotiations at the International Seabed Authority (ISA), the UN agency tasked with regulating deep-sea mining, and instead relies on the 1980 US Deep Seabed Hard Mineral Resources Act as the legal foundation.

It emphasizes the need to “establish the US as a global leader in seabed mineral exploration and development both within and beyond national jurisdiction.” While the US has not ratified the UN Convention on the Law of the Sea — the treaty from which the ISA derives its authority — it has signed a 1994 agreement recognizing the treaty’s seabed provisions and operates its own permitting system through the National Oceanic and Atmospheric Administration.

Lockheed said it welcomes the renewed policy attention. “We believe the US has the opportunity to develop a gold standard for commercial recovery of nodules in an environmentally responsible manner.”

Court upholds TMC disclosures on deep-dea mining risks

Lockheed is not alone in navigating the legal uncertainties surrounding seabed mining.

The Metals Company (TMC) (NASDAQ:TMC), a deep-sea mining startup, recently survived a shareholder lawsuit alleging it had misled investors about the environmental impacts and financial backing of its operations.

US District Judge Eric Komitee dismissed the claims, ruling that the company’s comparisons to conventional mining methods were not misleading, even if deep-sea mining still carries environmental risks.

“It is eminently possible that (1) deep-sea mining causes meaningful environmental harm, and yet (2) such harm is significantly less than the harm caused by existing methods,” the judge wrote.

TMC had disclosed in filings that deep-sea mining could result in damage and that the regulatory path remained uncertain. Its legal win may encourage others — like Lockheed — to proceed more openly with their seabed plans, albeit cautiously.

Deep-sea mining industry cautiously awakens

The growing pursuit of potentially extracting resources from the world’s oceans comes at a critical juncture for the seabed-mining industry. For decades, a de facto moratorium on mining in international waters has been in place due to regulatory uncertainty and environmental concerns.

The ISA has issued more than 30 exploratory permits, but has yet to finalize commercial extraction rules. That delay has prompted frustration from some parties, while drawing calls from others for a pause or outright ban.

Currently, the ISA is holding key assemblies in Jamaica to hash out the long-awaited mining code to regulate commercial activity on the ocean floor with provisions for environmental safeguards, royalties, and tax obligations.

But a growing number of countries — 37 at last count — have pushed for a precautionary pause, citing risks to deep-sea ecosystems that remain largely uncharted. Scientists warn that mining these habitats could cause irreversible damage.

In 2023, Lockheed appeared to step back from the sector by selling two UK-sponsored exploration licenses in the Pacific, a move interpreted by analysts as signaling reduced confidence in deep-sea mining.

However, its retained US licenses suggest it never fully exited the space.

The Trump administration’s executive order marks the most assertive US step yet to undermine the ISA’s multilateral approach, raising fears among diplomats that the agency may lose legitimacy.

China, which has also invested heavily in seabed mining, responded sharply to the move.

“The US authorization violates international law and harms the overall interests of the international community,” Chinese foreign ministry spokesman Guo Jiakun said earlier this year.

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

This post appeared first on investingnews.com

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Investing

Rule Symposium 2025: Gold, Geopolitics and the Real Asset Uprising

Investing 7 Mins Read

The resource investing community descended on Boca Raton, Florida, during the first full week of July for another edition of the Rule Symposium, hosted by veteran investor and speculator Rick Rule.

The five day event featured an illustrious array of speakers, panelists and companies sharing a wealth of investor knowledge. As in years past, gold remained a top focus, with many presenters stressing the value it offers investors.

Opening the conference, Rule provided a sobering overview of the current economic trajectory. He urged investors to set aside political narratives and instead focus on the raw arithmetic of America’s financial condition.

“It’s not about politics, it’s about math,” said Rule.

He pointed to three figures that define the US financial landscape: US$141 trillion in aggregate private net worth, a US$27.71 trillion GDP and a personal savings rate of just 4 percent. That’s set against mounting obligations — US$36.6 trillion in federal debt held by bondholders and over US$100 trillion in unfunded federal entitlements.

Rule cautioned that the imbalance between assets and liabilities points to a looming reckoning, potentially echoing the inflationary erosion of the 1970s, when the US dollar lost 75 percent of its purchasing power.

“There’s no way out of this without reducing the value of the dollar,” he told the audience. “(The) increase in gold (prices) will mirror the decrease in purchasing power of the US dollar.’

To hedge against this risk, Rule encouraged attendees to adopt a more self-reliant approach.

He advised listeners to question government guarantees, focus on building personal financial resilience and consider investing in inflation-sensitive assets such as gold and silver. “The math doesn’t lie — it’s time to prepare, not just react,” said Rule. ”I need you not to panic when the time is right, but rather to pounce.”

Watch a recap of key Rule Symposium takeaways.

Tailwinds turning to headwinds

In addition to strategically allocating to gold, geopolitical uncertainty was as a key theme at the Rule Symposium.

During his presentation “Back to the Old Drawing Board: First Principles and the Lost Art of Investing Through Crisis,” author and publisher Grant Williams made the case that longstanding tailwinds — globalization, demographic expansion and low interest rates — have reversed, giving way to persistent uncertainty.

 

Williams provides an overview of shifting market dynamics.

He traced the last four decades of wealth creation to a rare alignment of forces that pushed asset prices, particularly US equities, sharply higher. However, since 2020, a new macro regime has emerged, defined by tighter monetary policy, rising geopolitical risk and fading confidence in the US dollar.

Like many speakers at the Rule Symposium, Williams also underscored the massive gold purchases central banks are making. During Q1 of this year, central banks added 244 metric tons of gold to their official reserves, a 24 percent increase above the five year quarterly average, according to World Gold Council data.

For Williams, this shift signals growing concern within the financial system — a trend investors shouldn’t overlook.

“When central banks are exchanging their reserves for gold in record amounts, if they feel the sudden urgent need to own more gold, you better believe that we should feel that too,” he noted.

The expert went on to illustrate how major economic and societal cycles are converging, suggesting more volatility ahead. A live poll of the audience taken during his session revealed growing unease among attendees, with many already adjusting their portfolios and long-term goals. In response, Williams called for a return to key principles: scarcity, durability, resilience, trust, patience and a clear-eyed acceptance of uncertainty.

These, he said, should now anchor any sound investment approach. He urged Rule Symposium attendees to shift their mindset from chasing returns to preserving capital by reducing overexposure to US equities, diversifying by geography and asset class and focusing on businesses with real staying power.

The investment playbook of the past no longer fits the world we’re entering, he stressed.

Navigating what Williams calls an “age of headwinds” will require humility, discipline and a willingness to rethink what truly creates and protects wealth.

Hard assets set to shine

Economist, author and former Wall Street executive Dr. Nomi Prins laid out a case for what she calls the “real asset uprising,” a global shift in value and power driven by hard assets like gold, silver, copper, uranium and rare earths.

Drawing on her experience in high-level banking and her current work in the mining sector, Prins argued that rising geopolitical friction, shifting trade dynamics and financial system strain are fueling a renewed focus on tangible resources. She pointed to surging institutional interest in commodities, noting that Wall Street deal flow tied to real assets is up 24 percent year-on-year, while hiring in commodity finance roles has increased by 15 percent.

Gold, once dismissed on trading desks, is now seen as a strategic monetary tool.

According to Prins, the yellow metal will not replace the US dollar as the reserve currency, but it will play a central role in bilateral trade and power negotiations. Gold’s jurisdiction — where it is stored and mined — is now more important than ever, she explained, as nations seek to shield assets from sanctions and instability.

Silver, copper, uranium and rare earths are all finding support through similar structural tailwinds, Prins pointed out.

Silver demand is rising due to its industrial applications, and limited aboveground supply is driving long-term contracts.

For its part, copper has become so strategically important that the US is conducting a Section 232 national security investigation into its supply chain, a move historically reserved for defense resources. Major buyers like China and India are stockpiling copper in anticipation of supply constraints.

Uranium is also surging back into focus, driven by bipartisan support for nuclear energy. Legislation and executive orders are fast tracking uranium permitting and enrichment, with utility demand expected to outstrip supply.

Rare earths = real assets

Prins highlighted rare earths as a critical new front in the ongoing global shift in value and power.

‘Rare earths are intrinsic to the nation,’ she said, pointing to their essential role in defense, electronics and energy technologies. With 85 percent of processing controlled by China, the US has launched Section 232 investigations to assess domestic vulnerabilities — reports on copper and rare earths are expected this fall.

Prins described her decision to join the board of a rare earths company as a natural extension of her belief in physical assets: “It’s not just about the asset — it’s about controlling the asset, the processing and the movement.”

That theme underpins the investment case: security of supply, efficient processing and strategic jurisdiction are key to value creation. She also noted a dramatic capital rotation, saying that US$330 billion has exited bonds over the past year, while US$230 billion has flowed into commodities.

“Wall Street is following the real asset story,” Prins emphasized.

 

Rule sits down with Porter Stansberry to discuss his investment strategy.

Prins then said real upside now lies not just in owning resources, but in having processing capability.

New technologies, like advanced rare earths separation methods, are increasing economic viability and attracting private capital. “Where private money and public power combine, that’s where the investment opportunity is,” she said.

With key policy announcements and trade shifts looming in the fall, she warned investors this is a “very critical time” in the real asset uprising. For Prins, the message is clear: investors, policymakers and mining leaders must position accordingly, because, in today’s world, “whoever controls the ground controls the game.’

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

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Noble Mineral highlights Mann Central Nickel Sulphide Initial Resource as announced by Canada Nickel

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(TheNewswire)

 

       

   
                     

 

TORONTO, July 16, 2025 TheNewswire – Noble Mineral Exploration Inc. (‘ Noble ‘ or the ‘ Company ‘) (TSXV: NOB,OTC:NLPXF) (OTCQB: NLPXF) is pleased to announce the initial mineral resource at Mann Central as announced by its joint venture partner Canada Nickel in the East Timmins Nickel Company, operating in the Timmins area of Northern Ontario.

 

  Noble CEO   Vance White   said ‘We congratulate our partner Canada Nickel on the work completed and the Initial Resource estimate for Mann Central project in Mann Twp and we are very excited about the prospects for East Timmins Nickel along with the several additional projects to be included.   It is important to note that Noble retains certain NSR and Buy Back rights on claims in this project.   ‘  

 

  Highlights:  

 

     

  TORONTO, July 15, 2025 – Canada Nickel Company Inc. (‘ Canada Nickel ‘ or the ‘ Company ‘) (TSX-V:CNC) (OTCQB: CNIKF) today announced initial mineral resource estimates (the ‘Mineral Resource Estimate’ or ‘MRE’) for its Mann Central Nickel Sulphide Project (‘Mann Central’), located 40 km northeast of Timmins, Ontario and its Texmont Nickel Sulphide Project (‘Texmont’), located 36 km south of Timmins.  Canada Nickel owns 80% of Mann Central through its interest in East Timmins Nickel Ltd. (‘East Timmins’), with the remaining 20% of East Timmins owned by Noble Mineral Exploration Inc. (‘Noble’). Texmont is wholly owned by Canada Nickel through the Company’s wholly owned subsidiary, Central Timmins Nickel Company Inc. (‘Central Timmins’). Mark Selby, CEO of Canada Nickel said, ‘We are very pleased with these two new resources and even more excited by the growing scale of the Timmins Nickel District with over 9 million tonnes in each of the Measured & Indicated and Inferred categories. Mann Central is a mineral resource with significant scale and considerable potential for further testing in the future. Texmont, though a smaller target, has delivered strong results with meaningful quantities of higher grade nickel. I look forward to advancing Crawford towards a year-end construction decision and to showcasing the full potential of the Timmins Nickel District, with three additional mineral resource estimates to be published by year-end.’

 

  Mann Central Mineral Resource Estimate  

 

The Mann Central Project is only 23 km east of the Company’s Crawford Nickel Sulphide Project (‘Crawford’) and is more than twice the size of Crawford based on the outline of its geophysical target of 3.1 square kilometres. The area of the geophysical target covered by the Mann Central MRE represents approximately 40% of its total target geophysical area. Mann Central is accessible year-round.

 

For the initial MRE, a total of 12,563 metres of core drilling from 32 drill holes were utilized to calculate the Mann Central mineral resources in two categories as summarized in Table 2. Indicated Mineral Resources total 237 million tonnes grading 0.22% nickel, for a total of 0.52 million tonnes of contained nickel and Inferred Mineral Resources total 537 million tonnes grading 0.21% nickel, for a total of 1.15 million tonnes of contained nickel. The approximate dimensions of the Mann Central MRE are 2.4 kilometres long, up to 700 metres wide, extending to 500 metres deep, and remaining open in all directions. An additional 0.6 – 2.0 billion tonnes grading between 0.19% and 0.20% nickel remain as an Exploration Target, pending further drilling. This Exploration Target is based on core drilling by the Company, the geophysical survey on the Mann Central Project, and the understanding and calculation of the current Mann Central MRE.

 

The Exploration Target was derived by modelling the identified nickel sulphide mineralization within the current estimation envelope but outside of the current MRE area. The volume of the modelled Exploration Target area determines the potential tonnage statement in the Exploration Target. The grade range given in the Exploration Target is determined with consideration to the drill core results within the modelled Exploration Target area, consideration of the geological setting in a well understood nickel deposit type where grades are observed and well understood and based on the experience of the Company and the Qualified Persons. The potential tonnages and grades are conceptual in nature and are based on drill holes and geophysical results that define the approximate length, thickness, depth and grade of the Exploration Target. There has been insufficient exploration to define a current mineral resource and the Company cautions that there is a risk that further exploration will not result in the delineation of a current mineral resource.

 

Drilling at Mann Central was conducted in 2023 and 2024. The 2024 campaign successfully completed the goal of infilling previous sections to allow for the definition of an initial mineral resource estimate, gain understanding on the geology of the deposit, as well as systematically collecting samples for mineralogical analysis.

 

The Mann Central MRE was prepared by Caracle Creek International Consulting Inc. and its sub-consultant L&M  Geociencias, in accordance with CIM Estimation of Mineral Resources & Mineral Reserves Best Practice Guidelines (2019) and CIM Definition Standards for Mineral Resources & Mineral Reserves (2014). A Technical Report in support of the Mineral Resource Estimate will be filed on SEDAR+ (   www.sedarplus.ca   ) within 45 days of this news release.

 

  Table 2. Initial Total Mineral Resource Estimate (in-pit resources) for the Mann Central Nickel Sulphide Deposit.  

 

                                                

 

  Mineral Resource Estimate  

 

    

  Contained Metal  

 
 

  Class  

 

  

  Tonnage
(Mt)  

 

  

  Ni
(%)  

 

  

  Co
(%)  

 

  

  Fe
(%)  

 

  

  Cr
(%)  

 

  

  Pd
(g/t)  

 

  

  Pt
(g/t)  

 

    

  Ni
(kt)  

 

  

  Co
(kt)  

 

  

  Fe
(Mt)  

 

  

  Cr
(kt)  

 

  

  Pd
(koz)  

 

  

  Pt
(koz)  

 
 

  Indicated  

 

  

  236.7  

 

  

  0.22  

 

  

  0.012  

 

  

  6.6  

 

  

  0.34  

 

  

  0.005  

 

  

  0.006  

 

    

  519.5  

 

  

  28.2  

 

  

  15.7  

 

  

  797.9  

 

  

  35.1  

 

  

  47.1  

 
 

  Inferred  

 

  

  543.2  

 

  

  0.21  

 

  

  0.012  

 

  

  6.8  

 

  

  0.30  

 

  

  0.006  

 

  

  0.007  

 

    

  1,150  

 

  

  65.9  

 

  

  37.0  

 

  

  1,628  

 

  

  98.0  

 

  

  129.8  

 

 

  Notes to Table 2:  

 

  1.  

      The independent Qualified Person for the MRE, as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects (‘NI 43-101’), is Dr. Scott Jobin-Bevans (P.Geo., PGO #0183), of Caracle Creek International Consulting Inc. The effective date of the MRE is June 25, 2025.  

     

    2.  

  2.  

      The quantity and grade of reported Inferred Mineral Resources in this MRE are uncertain in nature and there has been insufficient exploration to define these Inferred Mineral Resources as Indicated or Measured. However, it is reasonably expected that the majority of Inferred Mineral Resources could be upgraded to Indicated Mineral Resources with continued exploration.  

     

    3.  

  3.  

      A cut-off grade of 0.10% Ni was used to define potentially economic material for inclusion within the MRE. Cut-offs were determined on the basis of core assay geostatistics and drill core lithologies for the deposit, and by comparison to analogous nickel deposit types.  

     

    4.  

  4.  

      Geological and block models for the MRE used data from a total of 32 surface drill holes, completed by Canada Nickel in 2023 and 2024. The drill hole database was validated prior to resource estimation and QA/QC checks were made   using industry-standard control charts for blanks, core duplicates and commercial certified reference material inserted into assay batches by Canada Nickel and by comparison of umpire assays performed at a second laboratory.  

     

    5.  

  5.  

      Estimates have been rounded to two significant figures.  

     

    6.  

  6.  

      The MRE was prepared following the CIM Estimation of Mineral Resources Mineral Reserves Best Practice Guidelines (November 29, 2019) and the CIM Definition Standards for Mineral Resources Mineral Reserves (May 19, 2014).  

     

    7.  

  7.  

      The geological model as applied to the MRE comprises two mineralized domains hosted by variably serpentinized ultramafic rocks: a relatively higher-grade core (dunite), and a lower grade (peridotite). Individual wireframes were created for each domain in Leapfrog Geo 2024.1 software.  

     

    8.  

  8.  

      A 20 m x 20 m x 15 m block model was created, and samples were composited at 7.5 m intervals. Grade estimation from drill hole data was carried out for Ni, Co, Fe, Cr, S, Pd and Pt using the Ordinary Kriging interpolation method in Isatis 2024.04 software.  

     

    9.  

  9.  

      The MRE has been constrained by a conceptual pit envelope that was developed using the following optimization parameters. Metal prices used were US$21,000/t nickel, US$40,000/t cobalt, US$325/t iron, US$3,860/t chromium, US$1,350/oz palladium, and US$1,150/oz platinum. Different pit slopes were used for each layer (in degrees): 9.5 in overburden, and 40.0 in mineralized rock, and 45 in waste rock. Exchange rate utilized was US$/C$ at $0.76. Mining costs utilized different values for overburden (clay, gravel), and rock mining, ranging from C$1.47 to C$3.00/t mined. Processing costs and general administration costs for a 120 ktpd operation (similar to the ultimate scope of Crawford) were C$8.30/t. Based on the range of grade and ratio of sulphur to nickel, calculated recovery averages 39% for Ni, 10% for Co, 54% for Fe, 29% for Cr, 39% for Pd and 18% for Pd.  

     

    10.  

  10.  

      Grade estimation was validated by comparison of input and output statistics (Nearest Neighbour and Inverse Distance Squared methods), swath plot analysis, cross-plots of declustered samples against the nearest OK estimate, and by visual inspection of the assay data, block model, and grade shells in cross-sections.  

     

    11.  

  11.  

      Density estimation was carried out for the mineralized domains using the Ordinary Kriging interpolation method, based on 1,270 specific gravity measurements collected during the core logging process, using the same block model parameters of the grade estimation. As a reference, the average estimated density value within dunite is 2.66 g/cm   (t/m   ), while the peridotite domain yielded an average of 2.74 g/cm   (t/m   ).  

     

    12.  

  Figure 1. Plan View of Mann Central Resources, Mann Central Nickel Sulphide Project, Ontario.  

 

    
Click Image To View Full Size  

 

  Figure 2. Plan View of the Categorized Mann Central Resources along with %Ni Grade.  

 

    
Click Image To View Full Size  

 

    
Click Image To View Full Size  

 

  Figure 3. Mann Central Nickel Sulphide Project Long-Section (Looking North) of Resource Categories (Upper Image) and %Ni Grade (Lower Image).  

 

    
Click Image To View Full Size  

 

    
Click Image To View Full Size  

 

  Next Steps at Mann Central Nickel Sulphide Project:  

 

  •  

    A technical report with respect to the MRE disclosed today will be filed within 45 days of this news release.

     

    •  

  •  

      Infill drilling at the property will aim to increase and upgrade Inferred Mineral Resources to Indicated Mineral Resources in the next drilling campaign.  

     

    •  

  •  

      Mineralogical and metallurgical analysis will continue to better understand and estimate metal recoveries.  

     

    •  

    Assays, Quality Assurance/Quality Control and Drilling  

 

    Edwin Escarraga, MSc, P.Geo., a ‘Qualified Person’ within the meaning of NI 43-101, is responsible for the on-going drilling and sampling program, including quality assurance (QA) and quality control (QC). The core is collected from the drill in sealed core trays and transported to the secure core logging facility (core shack). The core is marked and sampled at 1.5 metre lengths and cut with a diamond blade saw. One set of samples is transported in secured bags directly from the Canada Nickel core shack to Actlabs Timmins, while a second set of samples is securely shipped to SGS Lakefield for preparation, with analysis performed at SGS Burnaby. All are ISO/IEC 17025 accredited labs and independent of Canada Nickel. Analysis for precious metals (gold, platinum, and palladium) are completed by Fire Assay while analysis for nickel, cobalt, sulphur and other elements are performed using a peroxide fusion and ICP-OES analysis. Certified standards and blanks (QA/QC samples) are inserted at a rate of three QA/QC samples per 20 core samples making a batch of 60 samples that are submitted for analysis.  

 

    Qualified Person and Data Verification  

 

    Stephen J. Balch (P.Geo. – Ontario), VP Exploration of Canada Nickel and a ‘Qualified Person’ within the meaning of NI 43-101, has verified the data disclosed in this news release, and has otherwise reviewed and approved the technical information in this news release on behalf of Canada Nickel Company Inc.  

 

    The magnetic images shown in this news release were created from Canada Nickel’s interpretation of datasets provided by the Ontario Geological Survey.  

 

    About   Canada   Nickel   Company  

 

    Canada Nickel Company Inc. is advancing the next generation of nickel-sulphide projects to deliver nickel   required to feed the high growth electric vehicle and stainless-steel markets. Canada Nickel Company   has applied in multiple jurisdictions to trademark the terms NetZero Nickel   TM   , NetZero Cobalt   TM   , NetZero Iron   TM   and is pursuing the development of processes to allow the production of net zero carbon nickel, cobalt, and iron   products. Canada Nickel provides investors with leverage to nickel in low political risk jurisdictions.   Canada Nickel is currently anchored by its 100% owned flagship Crawford Nickel-Cobalt Sulphide Project in the   heart   of   the   prolific   Timmins-Nickel District.   For   more   information,   please   visit     www.canadanickel.com.    

 

  About Noble Mineral Exploration Inc.  

 

  Noble Mineral Exploration Inc. is a Canadian-based junior exploration company, which has holdings of securities in Canada Nickel Company Inc., Homeland Nickel Inc., East Timmins Nickel Inc.(20%), and its interest in the Holdsworth gold exploration property in the area of Wawa, Ontario.  

 

  Noble holds mineral and/or exploration rights in ~70,000ha in Northern Ontario, ~14,000ha elsewhere in Quebec and Newfoundland, upon which it plans to generate option/joint venture exploration programs   .  

 

  Noble holds mineral rights and/or exploration rights in ~18,000 hectares   in the Timmins-Cochrane areas of Northern Ontario known as Project 81, ~2,215 hectares in Thomas Twp/Timmins, as well as an additional 20% interest in ~38,700 hectares in the Timmins area and ~175 hectares of mining claims in Central Newfoundland. Project 81 hosts diversified drill-ready gold, nickel-cobalt and base metal exploration targets at various stages of exploration. Noble also holds ~4,600 hectares in the Nagagami Carbonatite Complex and its ~3,200 hectares in the   Boulder Project both near Hearst, Ontario, as well as ~3,700 hectares in the Buckingham Graphite Property, ~10,152 hectares in the Havre St Pierre  Nickel, Copper, PGM property, and ~1,573 hectares in the Cere-Villebon Nickel, Copper, PGM property, ~569 hectare Uranium/Rare Earth property (Chateau) and a ~461 hectare Uranium/Molybdenum property (Taser North),  all of which are in the province of Quebec.  

 

  Noble’s common shares trade on the TSX Venture Exchange under the symbol ‘NOB.’  

 

  More detailed information on Noble is available on the website at     www.noblemineralexploration.com     .    

 

  Cautionary Note and Statement Concerning Forward Looking Statements  

 

This press release contains certain information that may constitute ‘forward-looking information’ under applicable Canadian securities legislation.  Forward looking information includes, but is not limited to, the potential of the Mann West Nickel Sulphide Project, timing for filing a technical report in support of the Mineral Resource Estimate, the significance of drill results, the ability to continue drilling, the impact of drilling on the definition of any resource, timing and completion (if at all) of additional mineral resource estimates, the potential of the Timmins Nickel District, strategic plans, including future exploration and development plans and results, and corporate and technical objectives.  Forward-looking information is necessarily based upon several assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information.  Factors that could affect the outcome include, among  others:  future prices and the supply of metals, the future demand for metals, the results of drilling, inability to raise  the money necessary to incur the expenditures required to retain and advance the property, environmental liabilities  (known  and  unknown), general business, economic, competitive, political and social uncertainties, results of  exploration programs, risks of the mining industry, delays in obtaining governmental approvals, failure to obtain  regulatory or shareholder approvals.  There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information.  Accordingly, readers should not place undue reliance on forward-looking information.  All forward-looking information contained in this press release is given as of the date hereof and is based upon the opinions and estimates of management and information available to management as at the date hereof.  Canada Nickel disclaims any intention or obligation to update or revise any forward-looking information, whether because of new information. 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.

 

  Contacts:  

 

  H. Vance White, President  

 

  Phone:        416-214-2250  

 

  Fax:        416-367-1954  

 

  Email:     info@noblemineralexploration.com    

 

  Investor Relations  

 

  Email:   ir@noblemineralexploration.com          

 

Copyright (c) 2025 TheNewswire – All rights reserved.

 

 

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Forte Minerals Secures C$5.7 Million Strategic Investment to Advance Alto Ruri Project

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‘Not for distribution to United States newswire services or for dissemination in the United States.’

 

Forte Minerals Corp . (‘ Forte ‘ or the ‘ Company ‘) ( CSE: CUAU ) ( OTCQB: FOMNF ) ( Frankfurt: 2OA ) is pleased to announce a non-brokered private placement with a strategic investor (the ‘ Investor ‘), who will acquire 6,326,066 common shares at a price of C$0.90 per share for gross proceeds of approximately C$5,693,459 (the ‘ Strategic Placement ‘). Upon closing of the Strategic Placement, the Investor will own 9.99% of Forte’s issued and outstanding common shares on a non-diluted basis, establishing a meaningful long-term position in Forte’s growth and exploration strategy.

 

The C$0.90 offering price reflects a premium to Forte’s current market value, underscoring the Investor’s conviction in the Company’s long-term potential.

 

Patrick Elliott, President and CEO of Forte, commented: ‘This strategic investment marks a significant milestone for the company. It reflects strong conviction in the long-term value of our portfolio and validates the quality of our exploration pipeline. We’re excited to begin what we see as a long-term, collaborative relationship that supports our vision to unlock meaningful copper and gold discoveries in Perú. ‘

 

The proceeds from the Strategic Placement will be primarily used to advance Forte’s Alto Ruri high-sulfidation epithermal gold project in Perú (‘ Alto Ruri ‘), with at least 80% of the funds dedicated to exploration activities at Alto Ruri. The remaining funds will support general working capital and corporate purposes.

 

In connection with the Strategic Placement, Forte and the Investor will enter into an Investor Rights Agreement whereby the Investor is entitled to certain rights, subject to the Investor maintaining certain ownership thresholds in the Company, including technical information sharing rights and the right to participate in future equity financings and top-up its holdings in relation to dilutive issuances in order to maintain its percentage ownership interest in the Company. The Investor has also agreed to voting support and standstill covenants.

 

In addition, under the Investor Rights Agreement the Investor and Forte will:

 

  • form a joint technical advisory committee; and

    •  

  • collaborate on community engagement and long-term access strategies.

    •  

The closing of the Strategic Placement is expected to occur on or around July 23, 2025, subject to regulatory approvals. All shares issued pursuant to the Strategic Placement will be subject to a statutory hold period of four months and one day from the closing date.

 

This investment signals a firm belief in Forte’s vision, technical leadership and the significant long-term value potential of Alto Ruri. This collaboration marks a major step in executing the strategy Forte has been actively advancing; to deliver pipeline projects that fuel the major developers and producers.

 

  ABOUT Forte Minerals CORP.  

 

 Forte Minerals Corp. is an exploration company with a strong portfolio of high-quality copper (Cu) and gold assets (Au) in Perú. Through a strategic partnership with GlobeTrotters Resources Perú S.A.C. , the Company gains access to a rich pipeline of historically drilled, high-impact targets across key mineral belts.

 

Forte is committed to responsible resource development, creating long-term value, and fostering lasting partnerships with stakeholders and communities.

 

  On behalf of   Forte Minerals CORP.  

 

(signed) ‘ Patrick Elliott’  
Chief Executive Officer

 

  For further information, please contact:  
Forte Minerals Corp.
office: (604) 983-8847
info@forteminerals.com  
www.forteminerals.com  

 

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  Certain statements included in this press release constitute forward-looking information or statements (collectively, ‘forward-looking statements’), including those identified by the expressions ‘anticipate’, ‘believe’, ‘plan’, ‘estimate’, ‘expect’, ‘intend’, ‘may’, ‘should’ and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts but reflect current expectations regarding future results or events. This press release contains forward looking statements relating to the terms of the Strategic Placement, the timing for completion of the Strategic Placement and the intended use of proceeds of the Strategic Placement. These forward-looking statements and information reflect management’s current beliefs and are based on assumptions made by and information currently available to the Company with respect to the matter described in this press release. Forward-looking statements involve risks and uncertainties, which are based on current expectations as of the date of this release and subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Additional information about these assumptions and risks and uncertainties is contained under ‘Risk Factors and Uncertainties’ in the Company’s latest management’s discussion and analysis, which is available under the Company’s SEDAR+ profile at www.sedarplus.ca, and in other filings that the Company has made and may make with applicable securities authorities in the future.  

 

  Forward-looking statements are not a guarantee of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Factors that could cause the actual results to differ materially from those in forward-looking statements include the continued availability of capital and financing, and general economic, market or business conditions. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Although such statements are based on management’s reasonable assumptions, there can be no assurance that the statements will prove to be accurate or that management’s expectations or estimates of future developments, circumstances or results will materialize. The Company assumes no responsibility to update or revise forward-looking information or statements to reflect new events or circumstances unless required by law. Readers should not place undue reliance on the Company’s forward-looking statements.  

 

  Neither the Canadian Securities Exchange (the ‘CSE’) nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.  

 

   

 

 

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