
Astral Resources (AAR:AU) has announced Key Appointments to Advance Mandilla Gold Project
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Astral Resources (AAR:AU) has announced Key Appointments to Advance Mandilla Gold Project
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Altech Batteries (ATC:AU) has announced Altech – SNC Batteries Outstanding Safety Destructve Testing
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Jangada Mines Plc (AIM: JAN), a Brazil focused natural resource development company, is pleased to announce that its 15-hole 1,800m diamond drilling (‘DD’) programme has commenced at the 7,211-hectare Paranaíta Gold Project (‘Paranaíta’ or the ‘Project’) located in Brazil’s historically significant Alta Floresta-Juruena Gold Province.
Highlights:
Following the completion of 3,100m of trenching, which yielded further highly visually mineralised veins, the analysis of existing data, and two topographic studies, a 10-week drill programme at Paranaíta has been designed primarily targeting the high-grade TP2 and TP3.2 (within TP3) targets. The first 8 drill holes of c.120m each will target the identified mineral sequence from trenches TR-02 to TR-08, where the mineralised vein was well identified over more than 700m and contained visible gold.
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Figure 1: Drill holes on TP2
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The remaining holes will target TP3.2 where the trenches TR-19 to TR-31 were executed with excellent results yielding well identified mafic dikes and disseminated granites. TR-18 identified a 2m thick vein (See Figure 2). The location of these is now being finalised and will depend on the chemical analysis results due in Q4.
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Figure 2: 2m thick vein at TR18
The drill programme is focused on expanding the current resource from 210,000 oz Au @3.165 g/t to ~350,000 oz Au under the JORC code. The TP2 and TP3.2 zones have a resource of c.106,600 oz @ 16.65 g/t Au and c.34,600 oz @ 1.35 g/t Au respectively and are two of the six identified high priority targets along the 8km mineralised corridor. This corridor has 15+ high-grade gold occurrences and historical sampling up to 135 g/t Au.
Jangada CEO, Paulo Misk, said: ‘With trenching now complete and having confirmed further visually mineralised vein systems, we are pleased to announce the launch of our inaugural drill programme at the high-grade Paranaíta Gold Project. This 15-hole, 1,800-metre campaign will focus on two of the six identified high-grade, near-surface zones. Our immediate goal is to expand the current resource to approximately 350,000 ounces of gold. However, with multiple additional targets across the broader project area, we believe there is significant potential for further resource growth through continued exploration.
‘In the current gold price environment, high-grade, shallow deposits are especially attractive, as they typically fall at the lower end of the capital cost curve and offer robust margins with strong value potential. We believe Paranaíta exemplifies these characteristics. Accordingly, we look forward to fast-tracking its development and that continued success will underpin a meaningful revaluation of Jangada.’
Trench Locations TP2:

Qualified Person’s Statement
The technical information in this announcement has been reviewed by Mr. Peter Heinrich Müller who is a member of the South African Council of Natural Scientific Professions (#114766). Mr. Müller is a senior professional geologist with +17 years of experience in the mining industry, which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he has undertaken to qualify as a Competent Person as defined in the 2012 edition of the JORC Code. Mr. Müller also meets the requirements of a competent person under the AIM Note for Mining, Oil and Gas Companies. Mr. Müller has no economic, financial or pecuniary interest in the Company, and he consents to the inclusion in this document of the matters based on his technical information in the form and context in which it appears.
ENDS
For further information please visit www.jangadamines.com or contact:
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Jangada Mines plc |
Brian McMaster (Chairman) |
Tel: +44 (0)20 7317 6629 |
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Strand Hanson Limited (Nominated & Financial Adviser) |
Ritchie Balmer James Spinney David Asquith |
Tel: +44 (0)20 7409 3494 |
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Tavira Financial Ltd (Broker) |
Jonathan Evans |
Tel: +44 (0)20 7100 5100 |
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Investor Relations |
Hugo de Salis |
hugo@lepanto.co.uk |
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 as it forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018, as amended by virtue of the Market Abuse (Amendment) (EU Exit) Regulations 2019.
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Solvonis Therapeutics plc (LSE: SVNS), an emerging biopharmaceutical company developing novel medicines for high-burden central nervous system (‘CNS’) disorders, is delighted to announce the appointment of Paul Carter as Non-Executive Director, effective 27 October 2025.
Paul Carter is a highly accomplished global biopharmaceutical leader with nearly three decades of senior executive experience spanning commercial, operational, and strategic leadership roles. He has built and scaled businesses across Europe, North America, and Asia, combining deep operational expertise with a proven record of driving transformational growth and delivering long-term shareholder value.
Paul currently serves as Non-Executive Chair of Clinigen Group plc, a leading global pharmaceutical services and supply company supporting access to medicines in over 120 countries. He is also Chair of Memo Therapeutics AG, a Swiss-based private clinical-stage biotech developing novel antibody therapeutics, and Chair of Kyowa Kirin International plc, the European subsidiary of Kyowa Kirin Co., Ltd. (TSE: 4151), a Japan-based global specialty pharmaceutical company. In addition, Paul serves as Non-Executive Director at Immatics N.V. (NASDAQ: IMTX), a clinical-stage biopharmaceutical company, pioneering TCR-based immunotherapies for cancer.
He previously held senior global roles including Executive Vice President and Chief Commercial Officer at Gilead Sciences, Inc. (NASDAQ: GILD), where he oversaw international operations across 38 markets and delivered annual revenues exceeding US$30 billion.
His appointment strengthens the Solvonis Board as the Company continues to advance its differentiated CNS pipeline and execute its capital-efficient, licensing-first growth strategy across addiction, psychiatry, and neurology.
Anthony Tennyson, Chief Executive Officer of Solvonis, commented: ‘We are delighted to welcome Paul to the Solvonis Board. He brings an exceptional depth of global leadership experience and strategic insight from some of the world’s most successful pharmaceutical organisations. His expertise in scaling innovative science into global commercial success will be invaluable as Solvonis advances its CNS pipeline and builds towards the next phase of sustainable growth.’
Paul Carter added: ‘Solvonis is building an exciting and differentiated CNS biopharmaceutical platform with significant potential to deliver impact for patients and value for shareholders. I look forward to working with Anthony and the Board to help shape strategy, strengthen partnerships, and support the Company’s continued evolution and growth.’
Option Grant
Mr Carter has been granted 21 million share options under the Company’s existing long term incentive plan (‘LTIP’), exercisable over ordinary shares of £0.001 each in Solvonis Therapeutics Plc at an exercise price of £0.0034 per share. The options have a three-year life and vest in three equal tranches: one-third on grant date, one-third on the first anniversary of grant date, and one-third on the second anniversary of grant.
Enquiries:
Solvonis Therapeutics plc
Anthony Tennyson, CEO & Executive Director
anthony@solvonis.com
Singer Capital Markets (Broker)
Phil Davies
+44 (0) 20 7496 3000
About Solvonis Therapeutics plc
Solvonis Therapeutics plc (LSE: SVNS) is an emerging biopharmaceutical company developing novel small-molecule therapeutics for high-burden central nervous system (CNS) disorders. Headquartered in London and listed on the main market of the London Stock Exchange, Solvonis is advancing a differentiated pipeline of repurposed and novel compounds across addiction, psychiatry, and neurology.
The Company’s lead programmes address Alcohol Use Disorder (AUD) and Post-Traumatic Stress Disorder (PTSD), with additional discovery work supporting expansion into broader CNS indications. Its lead asset, SVN-001, is currently in Phase 3 for severe AUD in the UK, while SVN-002 is preparing for a Phase 2b trial in the US targeting moderate-to-severe AUD. The preclinical PTSD programme (SVN-SDN-14) leverages novel serotonin-dopamine modulators designed to enhance pro-social behaviour and long-term outcomes.
In parallel, Solvonis is advancing proprietary CNS discovery programmes built on a dedicated compound library to identify new small-molecule modulators of key neurotransmitter systems. This platform enables efficient early-stage innovation and supports the Company’s integrated approach to developing therapies across its three strategic pillars.
With a capital-efficient model, dual development strategy, and near-term partnering opportunities, Solvonis is positioned to deliver sustained value through innovation in CNS therapeutics.
solvonis.com | LinkedIn | X (Twitter)
Director/PDMR MAR disclosures
The following notification, made in accordance with the requirements of the UK Market Abuse Regulation, gives further details.
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Details of the person discharging managerial responsibilities / person closely associated |
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Name |
Paul Carter |
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Reason for the notification |
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Position/status |
Non-Executive Director |
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Initial notification /Amendment |
Initial notification |
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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Name |
Solvonis Therapeutics Plc |
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b) |
LEI |
2138005PH7OJRCRPUD88 |
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Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
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a) |
Description of the financial instrument, type of instrument Identification code |
Ordinary shares of £0.001 each in Solvonis Therapeutics Plc Identification code (ISIN) for Solvonis Therapeutics Plc ordinary shares: GB00BMD1Z199 |
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b) |
Nature of the transaction |
Issue of Long Term Incentive Plan (‘LTIPs’) |
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Price(s) and volume(s) |
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Aggregated information: – Aggregated volume – Price |
N/A |
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Date of the transaction |
27 October 2025 |
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f) |
Place of the transaction |
London Stock Exchange, XLON |
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
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Highlights
– All SNC safety destruction tests successfully completed with zero thermal runaway, fire or explosion
– Extreme fire, impact, over-charge, and submersion tests confirm full mechanical and chemical stability
– SNC cells remained sealed and intact after 850degC gasoline fire for 30 minutes
– Rod penetration and water exposure produced only harmless steam; no violent reactions observed
– Ten-metre drop and 48 km/h crash caused minor dents, no leakage or rupture
– Module endured 2.5h saltwater immersion without any external reaction or voltage loss
– Over-charge at 145% nominal voltage showed no venting, swelling, or heat generation
– Bullet impacts caused brief smoke only; structure and voltage remained stable
– Confirms SNC chemistry as one of the safest energy-storage technologies for UPS, stationery and transport applications
Across all scenarios – including direct fire exposure, rod penetration, over-charge, ballistic impact, drop test, impact test and submersion – the SNC cells and modules demonstrated exceptional chemical stability and mechanical resilience. No explosions, thermal runaways, or uncontrolled reactions were recorded in any test. The results confirm what long-term field deployments have already indicated: SNC batteries are intrinsically safe, thermally robust, and chemically contained, even when exposed to conditions far beyond those specified under international certification standards such as UL 1973, IEC 62619, and UN 38.3.
Cell Fire Exposure Test
Three fully charged SNC battery cells were subjected to a 30-minute gasoline fire reaching 850degC. Despite the extreme conditions, there was no explosion, no rupture of the cell casing, and no leakage or release of internal materials. The cells remained structurally intact throughout the test.
Module Fire Exposure Test
A hot, fully charged SNC battery module was subjected to a 30-minute gasoline fire reaching 850degC. The flames were extinguished within one minute. No explosion occurred, the cell casing remained intact, and only minor mechanical weakening was observed.
Module Rod Penetration Test
A fully charged SNC battery module was pierced with a 20mm steel rod and then exposed to water. After 23 minutes, an external reaction generated steam and a small amount of vapour, which gradually dissipated over four hours. No explosion or violent reaction occurred throughout the test.
Ten Metre Drop Test
A fully charged, operational SNC battery module was dropped from a height of 10m onto a steel pole, simulating an impact at approximately 30MPH. The test caused minor denting, but the battery casing remained intact with no rupture, leakage, or loss of structural integrity.
Module Impact Tests
A set of fully charged SNC battery packs was crash-tested by impacting a simulated utility pole at 48km/h using a vehicle. No explosion, fire, or thermal reaction occurred during or after the collision, confirming the chemistry’s strong structural integrity and inherent safety under severe impact conditions.
Module Saltwater Exposure
A fully operational Altech SNC battery module was tested under 3.5% saltwater exposure, including a full 2.5-hour submersion period.
Throughout the test, no fire, explosion, or external reaction occurred, demonstrating the system’s inherent chemical stability and sealed-cell safety even in highly conductive marine environments.
Module Overcharge Test
A fully charged SNC battery was subjected to 145% of its nominal voltage for one hour (45% higher than the UL1973) over charge limit. The test resulted in no swelling, venting, or thermal reaction, confirming the battery’s exceptional tolerance to overvoltage conditions and intrinsic electrochemical stability.
Module Bullet Impact
A fully operational SNC battery was struck by both shotgun and rifle rounds during ballistic testing. The impacts produced only brief, minor smoke with no ignition, fire, or explosion. The cell structure remained stable, confirming the chemistry’s exceptional tolerance to extreme mechanical abuse.
INTERPRETATION OF RESULTS
These cumulative tests reinforce the SNC system’s fundamental safety principles:
– Solid-state architecture – No liquid electrolyte or polymer separator that can burn, leak, or decompose.
– Low internal pressure – No gas generation under over-charge or thermal stress.
– Ceramic isolation – The B-alumina solid electrolyte maintains ionic conduction but blocks electrons, preventing short-circuit propagation.
– Sealed stainless-steel casing – Provides complete containment and mechanical strength even under severe deformation.
– Self-regulating chemistry – Sodium and nickel-chloride redox couples exhibit natural equilibrium limits, preventing energy overshoot or dendrite formation.
Unlike lithium-ion or lead-acid systems, which rely on organic electrolytes and pressure-relief vents, SNC modules remain hermetically sealed for their entire service life, eliminating risks of gas venting, electrolyte ejection, or thermal propagation.
Altech Managing Director Iggy Tan commented:
‘These independent abuse tests confirm what long-term field data has been telling us for years – our sodium-nickel-chloride technology batteries produced by partner company AMPower, are exceptionally safe. Even under direct fire, impact, or over-voltage, the cells remain sealed and stable. This level of intrinsic safety is a major differentiator for Altech. As global energy-storage installations increase near population centres and critical infrastructure, regulators and customers are demanding non-flammable chemistries. SNC meets that demand today.’
‘We are proud to demonstrate that our SNC batteries can endure conditions well beyond certification limits while maintaining integrity and performance. This gives confidence to partners, insurers, and end-users that SNC systems deliver not only long cycle life and temperature tolerance but also unmatched safety’.
*To view tables and figures, please visit:
https://abnnewswire.net/lnk/Z0IWE35J
About Altech Batteries Ltd:
Altech Batteries Limited (ASX:ATC,OTC:ALTHF) (FRA:A3Y) is a specialty battery technology company that has a joint venture agreement with world leading German battery institute Fraunhofer IKTS (‘Fraunhofer’) to commercialise the revolutionary CERENERGY(R) Sodium Alumina Solid State (SAS) Battery. CERENERGY(R) batteries are the game-changing alternative to lithium-ion batteries. CERENERGY(R) batteries are fire and explosion-proof; have a life span of more than 15 years and operate in extreme cold and desert climates. The battery technology uses table salt and is lithium-free; cobalt-free; graphite-free; and copper-free, eliminating exposure to critical metal price rises and supply chain concerns.
The joint venture is commercialising its CERENERGY(R) battery, with plans to construct a 100MWh production facility on Altech’s land in Saxony, Germany. The facility intends to produce CERENERGY(R) battery modules to provide grid storage solutions to the market.
Source:
Altech Batteries Ltd
Contact:
Corporate
Iggy Tan
Managing Director
Altech Batteries Limited
Tel: +61-8-6168-1555
Email: info@altechgroup.com
Martin Stein
Chief Financial Officer
Altech Batteries Limited
Tel: +61-8-6168-1555
Email: info@altechgroup.com
News Provided by ABN Newswire via QuoteMedia


PMET Resources (ASX:PMT, TSX:PMET,OTCQX:PMETF) has completed a lithium-only feasibility study on the CV5 deposit of its Shaakichiuwaanaan lithium project in Northern Québec.
The company said the feasibility study confirms the project is a large-scale and long-life operation, with CV5’s probable maiden mineral reserve estimated at 84.3 million metric tons at 1.26 percent lithium oxide.
That amounts to about 2.62 million metric tons of lithium carbonate equivalent.
Results also show that there is potential to upgrade and expand resources at CV5 and the nearby CV13 deposit.
CV13 currently holds a mineral resource, inclusive of reserves, of 108 million metric tons at 1.4 percent lithium oxide in the indicated category, and 33.4 million metric tons at 1.33 percent lithium oxide in the inferred category.
“Our large scale and long-life project is ideally suited to support the emerging American, European, and Asian lithium raw materials supply chains,” commented CEO and President Ken Brinsden.
“There are very few projects of this size & scale, quality, and low production cost that can assist in underwriting the expected capital investment supporting new supply chains and demand growth in western markets.”
Located in Québec’s Eeyou Istchee James Bay region, Shaakichiuwaanaan is recognized as the largest lithium pegmatite mineral resource in the Americas, as well as one of the top 10 globally.
PMET is targeting a final investment decision for Shaakichiuwaanaan for the second half of 2027, hoping that “the overall market supply-demand balance tightens over the coming years.”
It is expected to produce 800,000 metric tons per year of SC5.5 spodumene concentrate once at full capacity.
About 20 percent of the jobs created at Shaakichiuwaanaan will be allotted to workers at the Cree territory.
PMET was formerly Patriot Battery Metals. The company officially changed its name in September.
Securities Disclosure: I, Gabrielle de la Cruz, hold no direct investment interest in any company mentioned in this article.


Here’s a quick recap of the crypto landscape for Monday (October 27) as of 9:00 a.m. UTC.
Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrency market news.
Bitcoin (BTC) was priced at US$115,014, a 0.9 percent increase in 24 hours. Its lowest valuation of the day was US$113,083, and its highest was US$116,032.
Bitcoin price performance, October 27, 2025.
Chart via TradingView
Bitcoin (BTC) climbed to two-week highs on Monday, breaking above US$115,600 as investors priced in expectations of an upcoming Federal Reserve interest rate cut. The cryptocurrency has now risen for five consecutive sessions, with Sunday’s 2.6 percent gain pushing BTC past the 50-day exponential moving average at US$114,176.
Technical analysts see the move as a potential prelude to a fresh rally, contingent on continued market support and Fed signals.
Trader Ted Pillows noted on X that Bitcoin has “fully reclaimed the $114,000 support zone” and emphasized that the next key hurdle is US$118,000. He added that, if momentum holds, “a new ATH could happen in 1–2 weeks.”
Market watchers are now closely monitoring the Fed meeting for confirmation of rate-cut expectations, which could provide further bullish fuel for BTC and broader crypto markets.
Ether (ETH) was priced at US$4,167.45, a 1.5 percent increase in 24 hours. Its lowest valuation of the day was US$4,053.35, and its highest was US$4,246.23.
Bitcoin derivatives metrics indicate ongoing caution and positioning for downside risk.
Liquidations for Bitcoin contracts have totaled approximately US$6.42 million in the last four hours, the majority of which were long positions, reflecting short-term selling pressure.
Ether liquidations showed a similar pattern, with long positions dominating US$15.55 million in liquidations, though long and short liquidations were more evenly split.
Futures open interest for Bitcoin fell 0.50 percent to US$75.51 billion, and Ether futures declined 0.57 percent to US$49.89 billion, suggesting modest rotation or renewed altcoin activity.
The perpetual funding rate for Bitcoin was 0.008 and 0.009 for Ether, indicating a mild long bias among remaining positions. Bitcoin’s relative strength index stood at 54.84, reflecting neutral-to-moderately bullish momentum and room for price growth before overextended conditions.
Binance is weighing a US market re-entry following President Trump’s pardon of founder Changpeng Zhao, exploring options to consolidate its American affiliate or allow direct access for US investors, Bloomberg reported.
The pardon clears Zhao’s 2023 conviction for failing to maintain anti-money laundering controls, restoring his ability to lead financial ventures.
Hours after the announcement, Zhao expressed ambitions to make the US “the Capital of Crypto” and expand Web3 globally. Binance’s BNB token jumped 8 percent in response.
Zhao currently oversees a blockchain ecosystem with around US$8.7 billion in assets, ranking third behind Ethereum and Solana.
JPYC launched Japan’s first regulated yen-pegged stablecoin on October 27.
The stablecoin aligns with Japan’s Payment Services Act, requiring full reserve backing in yen deposits and government bonds. JPYC aims to issue 10 trillion yen (US$67 billion) over three years, challenging the US-dominated stablecoin market where USDC holds roughly US$40 billion.
The framework prioritizes consumer protection and financial stability, lessons drawn from the 2022 TerraUSD collapse.
JPYC offers zero-fee issuance, redemption, and transfers, earning income via interest on reserves in deposits and government bonds. Each transfer is capped at 1 million yen under the regulatory structure.
American Bitcoin (ABTC) expanded its strategic reserve to 3,865 BTC, acquiring 1,414 BTC through both open-market purchases and in-house mining, according to a company release.
The accumulation lifts the company’s Satoshis per Share (SPS) metric to 418, a 52 percent increase since September 1.
Integrated mining enables ABTC to secure BTC at lower costs than external acquisitions, giving it a structural advantage over competitors.
Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.
Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.


Apex Resources Inc. (TSXV: APX) (OTCID: SLMLF) (‘Apex’ or the ‘Company’) is pleased to announce the commencement of a drilling program at its Jersey Emerald Property (the ‘Property’), located in southern British Columbia. This program will target deposits of critical minerals, specifically tungsten and zinc.
The drilling campaign will encompass several holes designed to explore a new area of tungsten mineralization, south of the area of historic mining on the Property and south of the current tungsten resource.
The Property, located close to a major highway and within 20 km of the Metaline Falls/Nelway Canada-US border crossing, has historical significance as an accessible site rich in tungsten and other critical minerals, making it an ideal candidate for further exploration to support the growing market needs.
This initiative is critical as demand for tungsten continues to rise due to its essential applications in various industries, including aerospace, defense, and manufacturing.
The increasing global emphasis on securing critical minerals, including tungsten, aligns with Apex’s strategic objectives. The Company aims to position itself as a key player in the supply chain of essential materials necessary for technological advancements.
Apex will provide regular updates on the progress of the drilling program, including results and findings that may impact overall project value. The team is committed to responsible exploration practices and maintaining open communication with stakeholders.
Lithium Creek Project Option Agreement Amendments
The Company also announces that terms of the option agreement on the Lithium Creek Project in Nevada (the ‘Option Agreement’) have been amended by the parties as follows:
The cash option payment of US$150,000 that was due on August 25, 2025 was reduced to US$75,000;
The exploration and development expenditures due to have been completed on or before August 25, 2025 were reduced from US$700,000 to US$434,000;
The exploration and development expenditures due to be completed on or before August 25, 2026 have been increased from US$1,200,000 to US$1,266,000; and
The Company is to issue 2,700,000 common shares to the optionor within five (5) business days following receipt of TSX Venture Exchange approval.
All other terms of the Option Agreement remain in full force and effect.
About Apex Resources Inc.
Apex is a Vancouver-based exploration company with a suite of precious and critical minerals projects and historic mines located in the United States and Canada.
The Jersey-Emerald Property is wholly owned by Apex and encompasses the historic Jersey Lead-Zinc Mine – British Columbia’s second largest historic zinc mine, and the Emerald Tungsten Mine – Canada’s second largest historic tungsten mine, both located in southern British Columbia.
The Lithium Creek Project is Apex’s flagship project with placer claims covering hundreds of square miles within the aerially extensive Fernley, Humboldt, and Carson Sinks, and includes widespread naturally flowing lithium brine groundwater. The Lithium Creek Project is strategically located near the City of Reno and within 40 minutes of the principle North American battery hub, hosting the Tesla Gigafactory and other key industry players in the Lithium Ion battery supply chain.
On Behalf of the Board of Directors of
Apex Resources Inc.
Ron Lang,
President & CEO
Ph. +1(250) 212-7119 or info@apxresources.com website: www.apxresources.com
The technical information in this news release, prepared in accordance with Canadian National Instrument standards (‘NI 43-101’), has been reviewed and approved by Linda Caron, P. Eng., a Qualified Person, who is independent of Apex.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term in defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS: This news release may contain forward-looking information within the meaning of applicable securities laws (‘forward-looking statements’). Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words ‘expects,’ ‘plans,’ ‘anticipates,’ ‘believes,’ ‘intends,’ ‘estimates,’ ‘projects,’ ‘potential’ and similar expressions, or that events or conditions ‘will,’ ‘would,’ ‘may,’ ‘could’ or ‘should’ occur. These forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements, including, without limitation: risks related to fluctuations in metal prices; uncertainties related to raising sufficient financing to fund exploration work in a timely manner and on acceptable terms; changes in planned work resulting from weather, logistical, technical or other factors; the possibility that results of work will not fulfill expectations and realize the perceived potential of the Project; risk of accidents, equipment breakdowns and labour disputes or other unanticipated difficulties or interruptions; the possibility of cost overruns or unanticipated expenses in conducting work programs; the risk of environmental contamination or damage resulting from Apex’s operations and other risks and uncertainties. Any forward-looking statement speaks only as of the date it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/272007

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The historical Ranger-Page workings and mineralized zones are geologically continuous with the Bunker Hill system
Silver Dollar Resources Inc. (CSE: SLV,OTC:SLVDF) (OTCQX: SLVDF) (FSE: 4YW) is pleased to announce it has signed an asset purchase agreement (the ‘Agreement’) with Bunker Hill Mining Corp., whereby Bunker Hill Mining Corp. and its subsidiary (together, ‘Bunker Hill’) will acquire from Silver Dollar Resources Inc. and its subsidiary (together, ‘Silver Dollar’ or the ‘Company’), the right, title and interest in the assets related to the Ranger-Page Project located in Shoshone County, Idaho, USA (the ‘Target Assets’), which includes Silver Dollar’s 75% interest in the Government Gulch property and its related option rights under the Government Gulch Option and Joint Venture Agreement (the ‘Government Gulch Agreement’) and the Page Mine Mineral Rights Lease and Option Agreement (the ‘Page Mine Agreement’).

Figure 1: Plan map showing combined Bunker Hill – Ranger-Page land package.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7232/271979_39a2aa04d46b4906_001full.jpg
Sam Ash, President and CEO of Bunker Hill Mining, stated: ‘The addition of the Ranger-Page Mines represents another step in our vision to re-establish Bunker Hill as a leading producer in the Silver Valley. The Ranger-Page workings and mineralized zones are geologically continuous with the Bunker Hill system, offering immediate synergies for exploration, development, and potential future production.’
‘Amalgamating the Ranger-Page Project with Bunker Hill Mining is a strategic and logical transaction that aligns perfectly with the plan we contemplated when we acquired the Project last year,’ said Greg Lytle, President and CEO of Silver Dollar. ‘While the transaction has happened faster than expected, we are confident the timing is optimal for both companies. Ranger-Page enhances Bunker Hill’s exploration prospects and provides Silver Dollar with a strong equity position in a near-term producer, benefiting from the upside of the combined assets.’

Figure 2: Cross Section showing the Bunker Hill – Ranger-Page underground workings and target area.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7232/271979_39a2aa04d46b4906_002full.jpg
Strategic Highlights:
Transaction Summary
Under the terms of the agreement, Bunker Hill agreed to acquire all of Silver Dollar’s interest in the Ranger-Page Project and associated claims from Silver Dollar for total consideration of CAD$3,500,000, payable by the issuance of 23,333,334 Bunker Hill Common Shares at a deemed price of CAD$0.15 per share. The Bunker Hill Common Shares will be subject to a statutory six-month hold period and contractual escrow and will be released in accordance with the following schedule:
| Release Date | Payment Shares Release Schedule from Contractual Escrow |
| 6-month anniversary of Closing Date | 2,333,333 Shares |
| 9-month anniversary of Closing Date | 2,333,333 Shares |
| 12-month anniversary of Closing Date | Balance of Shares (18,666,668 Shares) |
The Agreement is subject to Bunker Hill’s due diligence review in respect of the title to the Ranger-Page Project within 15 business days of the date of the Agreement and it also includes representations, warranties, covenants and indemnities customary in transactions of this nature. Silver Dollar will, subject to Canadian Securities Exchange acceptance, pay a finder’s fee by the allocation of 1,166,667 of the Bunker Hill Common Shares to each of Kluane Capital FZCO and Canal Front Investments Inc. in respect of the transaction. The finders’ shares will be subject to the same statutory and contractual escrow restrictions as described above.
Closing of the transaction is expected to be completed on or before November 28, 2025.
About the Ranger-Page Project
Located in a world-class silver district, the Ranger-Page land package covers six historic mines and adjoins the Bunker Hill Mining property. The primary target areas are up and down plunge from historic underground mining, along strike where ground induced polarization (IP) surveys have identified anomalies, and where surface trenching identified near surface mineralization. Additional exploration targets have also been identified away from historic mine infrastructure, using soil geochemical data, mapping, and ground IP survey data.
About Bunker Hill Mining Corp.
Bunker Hill is an American mineral exploration and development company focused on revitalizing its historic mining asset: the renowned zinc, lead, and silver deposit in northern Idaho’s prolific Coeur d’Alene mining district. This strategic initiative aims to breathe new life into a once-productive mine, leveraging modern exploration techniques and sustainable development practices to unlock the potential of this mineral-rich region. Bunker Hill Mining Corp. aims to maximize shareholder value by responsibly harnessing the mineral wealth in the Silver Valley mining district, focusing its efforts on this single, high-potential asset. Information about the Company is available on its website, www.bunkerhillmining.com, or within the SEDAR+ and EDGAR databases.
About Silver Dollar Resources Inc.
Silver Dollar is a dynamic mineral exploration company focused on two of North America’s premier mining regions: Idaho’s prolific Silver Valley and the Durango-Zacatecas silver-gold belt. Our portfolio includes the advanced-stage Ranger-Page and La Joya projects, as well as the early-stage Nora project. The Company’s financial backers include renowned mining investor Eric Sprott, our largest shareholder. Silver Dollar’s management team is committed to an aggressive growth strategy and is actively reviewing potential acquisitions with a focus on drill-ready projects in mining-friendly jurisdictions.
For additional information, you can visit our website at silverdollarresources.com, download our investor presentation, and follow us on X at x.com/SilverDollarRes.
ON BEHALF OF THE BOARD
Signed ‘Gregory Lytle’
Gregory Lytle,
President, CEO & Director
Silver Dollar Resources Inc.
Direct line: (604) 839-6946
Email: greg@silverdollarresources.com
179 – 2945 Jacklin Road, Suite 416
Victoria, BC, V9B 6J9
Forward-Looking Statements:
This news release contains forward-looking statements and forward-looking information (collectively, ‘forward-looking statements’) within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein including, without limitation, statements regarding the closing of the transaction are forward-looking statements. Often, but not always, forward looking information can be identified by words such as ‘pro forma,’ ‘plans,’ ‘expects,’ ‘will,’ ‘may,’ ‘should,’ ‘budget,’ ‘scheduled,’ ‘estimates,’ ‘forecasts,’ ‘intends,’ ‘anticipates,’ ‘believes,’ ‘potential’ or variations of such words including negative variations thereof, and phrases that refer to certain actions, events or results that may, could, would, might or will occur or be taken or achieved.
In making the forward-looking statements in this news release, the Company has made certain assumptions, including without limitation, the receipt of any necessary regulatory approvals in connection with the transaction and the purchaser’s satisfaction with its due diligence review.
Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the forward-looking statements. Such risks and other factors include, among others, the ability of the Company to obtain any necessary regulatory approvals and the purchaser’s satisfaction with its due diligence review.
Readers are cautioned not to place undue reliance on forward-looking statements. The Company undertakes no obligation to update any of the forward-looking statements in this news release except as otherwise required by law.
The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this news release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/271979

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Leading gold analysis firm Metals Focus published its annual Precious Metals Investment Focus report on Saturday (October 25).
The report outlines the investment options available for those interested in leveraging rising demand for precious metals such as gold and silver. The report also highlights key supply and demand trends shaping the precious metals market and driving prices now and over the next 12 months.
Gold surged more than 65 percent from the start of 2025 to its record high of US$4,379.13 per ounce on October 17. Not to be outdone, silver skyrocketed by more than 88 percent to peak at its highest-ever price of US$54.47 per ounce on the same day.
Although prices for both precious metals have since pulled back on profit-taking, Metals Focus believes the conditions that created these record high prices are still very much in play.
Metals Focus analysts attribute gold’s stellar performance in 2025 to a number of factors largely centered on growing global economic uncertainty and ongoing geopolitical conflicts. Gold’s safe haven status is highly favored in these conditions, attracting both retail and institutional investors as well as central banks.
However, the firm sees US President Donald Trump’s trade policies as the most influential: “In our view, the single most important factor has been uncertainty around US trade policy.”
Trump’s constant trade war waffling has businesses and governments scrambling to keep up and unable to plan for the future. As tariffs increase the price of goods while disrupting supply chains, inflation is becoming stickier. This is baking in more macroeconomic risks into the global economy, and in turn raising the risk for stagflation—an ideal environment for higher gold prices.
The Federal Reserve’s reversal of its monetary policy in mid-September 2025 with its first interest rate cut and the anticipation of further rate cuts to come are further boosting the gold price. The sustainability of growing US debt and the waning strength of the US dollar on the global stage are also price supporting factors for the yellow metal.
Central bank gold buying, which has reached record levels in recent years, also continued to be net positive in 2025, further driving demand. “Put together, these drivers explain why gold has not only reached fresh highs in 2025, but also why pullbacks have been shallow and short-lived, as investors have been rushing to buy dips,” states Metals Focus.
The same forces sending gold prices to new heights are also bringing silver along for the ride.
Silver often lags behind its sister metal, and this latest price cycle was no exception. However, investor belief that silver remains undervalued given strong industrial demand and unprecedented tight supply finally pushed the metal to break on through to the other side of a 45-year record high.
Metals Focus also points to the liquidity squeeze in the silver futures market, specifically concerning the COMEX in London. As the immediate supply of silver has not been enough to meet rising demand, the spot price for silver has risen higher than the price of futures contracts, a phenomenon known as backwardation. This creates a squeeze on short sellers who must now buy back silver contracts at higher prices.
The situation amplified silver’s rally in early to mid-October. However, later in the month shipments of silver from New York and China helped to alleviate this pressure.
Looking forward, the trends underlying much of gold’s record-breaking price momentum are expected to remain strong well into next year.
Metals Focus sees the price of gold posting another annual average high of US$4,560 per ounce as it heads toward US$5,000 in 2026, potentially reaching a record US$4,850 in the fourth quarter.
These gains in gold are projected to materialize despite supply side growth. Metals Focus is forecasting a surplus of 41.9 million ounces in 2026, up 28 percent year-over-year. The firm sees gold mine production reaching another record high in 2026 at the same time that gold recycling could climb by 6 percent to a 14-year high in jewellery demand is likely to be affected by high prices, low consumer confidence, and economic uncertainty.
What will move gold prices higher in 2026?
Gold investors should take cues from interest rate moves, inflation levels, strength or weakness in the US dollar and sentiment surrounding the independence of the Federal Reserve. Of course, US trade policy will continue to be a main theme for precious metals over the next 12 months.
“As we have witnessed since the beginning of the Trump 2.0 administration, the abrupt and often unpredictable nature of US policy moves and the resulting uncertainty for the global trade system, and in turn the global economy, is expected to be a key driver of sentiment towards gold,” stated the firm.
Further driving demand, central banks around the world are expected to remain net buyers of safe-haven gold as the global push toward de-dollarization continues.
Gold and silver price outlook
Chart via Metals Focus, Bloomberg
As for silver, the white metal will continue to be seen as a more affordable alternative to gold. Metals Focus is looking for silver to average US$57 per ounce next year and even take a run at the US$60 level in mid-to-late 2026.
Silver has not only benefitted from safe-haven investor demand and strong industrial demand but also tight supply. Yet, the firm notes that the ongoing supply deficit for silver is expected to fall from 143.6 million ounces in 2024 to 63.4 million ounces in 2025. That figure is expected to shrink further to 30.5 million ounces in 2026.
Nevertheless, the silver market remains in a supply deficit at a time when demand is strong. “We therefore remain bullish towards silver for the rest of this year and 2026,” noted the report’s authors, who expect silver to continue outperforming gold at least in the first half of the new year.
In response, the gold:silver ratio has the potential to continue falling in 2026. However, Metals Focus believes the market will see this trend reverse in the back half of the year as silver loses some steam.
Gold:silver ratio
Chart via Metals Focus, Bloomberg
Overall, Metal Focus is confident the precious metals bull market will continue throughout the remainder of 2025 and into 2026. Gold is especially benefitting from its safe-haven status at a time of heightened macroeconomic and geopolitical uncertainty. Silver is tracking gold’s ascent for the same reasons, in addition to tight above ground supply and sustained industrial demand.
For those who think they’ve missed out on the gains to be made in this latest precious metals bull cycle, there’s still plenty of upside to be had in the gold and silver markets in Q4 2025 and heading into 2026.
Securities Disclosure: I, Melissa Pistilli, currently hold no direct investment interest in any company mentioned in this article.