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George Clooney silent after Hunter Biden blasts actor for op-ed that helped end Biden campaign

George Clooney is keeping quiet after Hunter Biden unleashed a string of vulgar attacks on the Hollywood actor.

Hunter, 55, accused Clooney, 64, of turning on his father, former President Joe Biden, and helping lead the charge to push him out of the 2024 race. 

‘I love George Clooney’s movies, but I don’t really give a s— what he thinks about who should be the nominee for the Democratic Party,’ Hunter said on the ‘At Our Table’ podcast. 

‘I was about to say I really like George Clooney as an actor, but the truth of the matter is, the truth is, I’ll be honest, I really don’t like George Clooney as an actor or as a person.’

Hunter recalled tensions between Clooney and his father behind the scenes at an event prior to the election.

‘George Clooney, before that event … literally threatened to pull out of the event — how many times? Five, six times? Over and over again, saying that he was so upset because my dad refused to recognize the arrest warrant for Netanyahu,’ Hunter said as he referred to the prime minister of Israel, Benjamin Netanyahu.

Hunter claimed Clooney’s behavior at the event was distant and alleged the actor only stayed for five minutes, spoke to no one except Barack Obama and ignored the rest of the crowd.

‘Literally, I was whispering in [Biden’s] ear saying, ‘Dad, f— him.’ … You got to be kidding me because I was so mad,’ Hunter added. ‘And he claims in his arrogance that my dad, the president of the United States, didn’t know who the actor was.’

Reps for Clooney did not immediately respond to Fox News Digital’s request for comment. 

Clooney has yet to comment publicly on Hunter’s comments, even as the president’s son continues his media blitz.

In a separate appearance with Andrew Callaghan on his ‘Channel 5’ podcast over the weekend, Hunter’s criticism of Clooney escalated into a full-blown, hourslong meltdown accusing the ‘Ocean’s 11’ star of sabotaging his father’s re-election effort.

Hunter said the alleged move was made with ‘the blessing’ of former President Obama and his cohorts.

‘F— him! F— him and f— everybody around him,’ Hunter said bluntly. ‘I don’t have to be f—ing nice. No. 1, I agree with Quentin Tarantino. George Clooney is not a f—ing actor. He is a f—ing, I don’t know what he is. He’s a brand.’

The former president’s son’s rage emerged as they discussed Clooney’s infamous New York Times op-ed, which was published days after his father’s widely criticized debate performance. 

Clooney called for Biden to step aside as the Democratic nominee at the time. 

‘It’s devastating to say it, but the Joe Biden I was with three weeks ago at the fundraiser was not the Joe ‘big f—ing deal’ Biden of 2010. He wasn’t even the Joe Biden of 2020,’ Clooney wrote. ‘He was the same man we all witnessed at the debate.’

Clooney’s statement appeared to trigger a furious response from Hunter, who blasted the actor for spreading what he called false claims about his father’s mental health. 

‘Why do I have to f—ing listen to you?’ Hunter asked during the podcast. ‘What do you have to do with f—ing anything?… What right do you have to step on a man who’s given 52 years of his f—ing life to the service of this country and decide that you, George Clooney, are going to take out basically a full-page ad in the f—ing New York Times to undermine the president?’

Biden withdrew from the race July 21, 2024, and was replaced on the Democratic ticket by Kamala Harris.

Hunter also noted Clooney was friends with former President Obama and only published his essay with the ‘blessing of the Obama team.’ 

‘You know what George Clooney did? Because he sat down with, I guess, because he was given a blessing by the Obama team, the Obama people and whoever else,’ he said. 

In April, Clooney spoke with CNN’s Jake Tapper about writing the op-ed, saying it was his ‘civic duty.’

‘It was a civic duty because I found that people on my side of the street — you know, I’m a Democrat in Kentucky, so I get it. When I saw people on my side of the street not telling the truth, I thought that was time to … some people [are mad], sure. That’s OK, you know. Listen, the idea of freedom of speech is you can’t demand freedom of speech and then say, ‘But don’t say bad things about me,‘’ Clooney said.

While on ‘The Late Show with Stephen Colbert’ in February, Clooney spoke about Harris losing to Donald Trump in the presidential election. 

‘I was raised a Democrat in Kentucky … and you know I’ve lost a lot of elections. … You know, this is democracy and this is how it works,’ he said.

‘It didn’t work out. That’s what happens. It’s part of democracy. … And, you know, there’s people that agree and people who disagree, and most of us still like each other. We’re all gonna get through it.’

Clooney spoke about President Trump again in April during an interview with Patti LuPone for Variety’s ‘Actors on Actors: Broadway.’

‘He’s charismatic. There’s no taking that away from him. He’s a television star. But eventually we’ll find our better angels. We have every other time,’ he said.

‘If you’re a Democrat, we have to find some people to represent us better, who have a sense of humor and who have a sense of purpose. I think we’ll get the House back in a year and a half, and I think that’ll be a check and balance on power.’

Earlier this year, Clooney was thrust into the spotlight as questions about his family’s future in the U.S. under President Trump’s administration arose.

Clooney’s wife, Amal, is an international human rights lawyer born in Lebanon and raised in the U.K., and she holds legal credentials in both Britain and the United States. 

Amal reportedly gave legal advice in a war crimes case against Israeli Prime Minister Netanyahu and Israeli Defense Minister Yoav Gallant over the war in Gaza, according to the Financial Times.

A Trump executive order claimed the court ‘engaged in illegitimate and baseless actions targeting America and our close ally Israel. The ICC has, without a legitimate basis, asserted jurisdiction over and opened preliminary investigations concerning personnel of the United States and certain of its allies, including Israel, and has further abused its power by issuing baseless arrest warrants targeting Israeli Prime Minister Benjamin Netanyahu and Former Minister of Defense Yoav Gallant.

‘The United States will impose tangible and significant consequences on those responsible for the ICC’s transgressions, some of which may include the blocking of property and assets, as well as the suspension of entry into the United States of ICC officials, employees, and agents, as well as their immediate family members.’ 

Clooney proposed to Amal in April 2014, and the couple married five months later in Venice, Italy. In 2017, the Clooneys welcomed twins Alexander and Ella.  

Fox News Digital’s Tracy Wright contributed to this report.

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China controls over 80% of battery materials crucial to US defense equipment, unsettling report reveals

In a damning new report, researchers reveal how China came to control over 80% of the critical raw battery materials needed for defense technology — posing an urgent national security threat.

Through lax permitting processes, weak environmental standards, and aggressive state-led interventions, China has come to dominate global supplies of graphite, cobalt, manganese, and the battery anode and cathode materials that power advanced defense systems.

‘Batteries will be one of the bullets of future wars,’ the report’s authors warn, citing their essential role in drones, handheld radios, autonomous submersibles, and emerging capabilities like lasers and directed energy weapons.

According to the Foundation for Defense of Democracies (FDD), the Chinese Communist Party (CCP) has weaponized global battery infrastructure through a combination of state subsidies, forced intellectual property transfers, and predatory pricing practices.

China didn’t just rely on low-cost tactics — it also used its financial muscle abroad. Over the past two decades, at least 26 state-backed banks have pumped roughly $57 billion into mining and processing projects in Africa, Latin America, and beyond. These investments, often structured through joint ventures and special-purpose vehicles, gave Chinese firms controlling stakes in mineral mining, the report said. 

Through its Belt and Road Initiative, China has leveraged influence in resource-rich developing nations, securing control over massive critical mineral deposits. Today, it processes approximately 65% of the world’s lithium, 85% of graphite, 70% of cathodes, 85% of anodes, and a staggering 97% of anode active materials.

Beyond powering drones, handheld radios, and electric vehicles, lithium is critical in strategic military systems: lithium-ion batteries are used in grid support for bases and emerging directed-energy weapons.

Moreover, Beijing has begun weaponizing export controls: since 2023, it has tightened restrictions on processed graphite, gallium, and germanium — later adding antimony, tungsten, and rare earths to the roster. These measures curb exports via a licensing regime and broad bans on exports to the U.S., signaling a clear geopolitical leverage too, according to the report. 

Both lithium and graphite are essential for modern nuclear weapons. Cobalt alloys are used in jet engines, naval turbines, electronics connectors, and sensors capable of withstanding extreme temperatures, vibration, and radiation-making. 

While American and allied reserves of lithium — both brine and hard rock — are being tapped, with new projects in North and South Carolina targeting domestic spodumene processing, the report claims U.S. mineral mining and refining are not advancing quickly enough to meet national security demands.

Permitting obstacles account for roughly 40% of all delays in mining projects, the report notes, with processing operations facing similarly cumbersome constraints.

Chinese subsidies ‘dwarf’ those available to U.S. firms, and include tax exemptions, direct manufacturing grants, and ultra-low-interest loans, the report said. 

U.S. firms are now accelerating investment in domestic alternatives to China’s lithium. With new Trump administration initiatives aimed at incentivizing critical mineral development—and forecasts projecting the U.S. lithium market to grow by roughly 500% over the next five years — American companies are beginning to build out processing capacity on home soil. 

Piedmont Lithium is developing a lithium hydroxide facility in North Carolina to process spodumene concentrate from its U.S. deposits, while Albemarle recently announced plans for a new lithium processing plant in Chester County, South Carolina. Both projects are designed to feed a fast-growing domestic battery ecosystem and reduce dependence on Chinese supply chains.

But to become globally competitive, the report argues, the U.S. must take a far more proactive approach, including incentivizing private-sector investment, streamlining federal permitting, establishing a national critical minerals stockpile, building technical talent pipelines, creating special economic zones, and developing robust domestic processing infrastructure.

The authors also stress the importance of ally-shoring, recommending diplomatic coordination with trusted partners — similar to prior U.S. efforts involving Ukraine, Greenland, and the DRC in rare-earth sourcing — to construct resilient supply chains beyond China’s reach.

‘Despite China’s control of the battery supply chain, this is a time of great vulnerability for Beijing, while the United States and its core allies remain strong,’ the report concludes. 

‘It is time for new guardrails, muscular statecraft, and a unified international response to non-market manipulation. Building critical supply chains that are independent of China’s coercive economic practices can help unleash a wave of cooperation among free-market nations that will lift up both established allies and emerging market partners and turn the tide against China’s parasitic economic model.’

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Senate votes to consider former Trump lawyer for lifetime as appeals court judge

The Senate narrowly voted to move forward with considering the nomination of former Trump lawyer Emil Bove to a federal court of appeals on Tuesday.

The 50-48 vote saw one Republican break ranks and vote against his nomination, while Democrats have done everything in their power to slow down the nomination. Bove, who currently works at the Justice Department, is nominated to serve on the 3rd U.S. Circuit Court of Appeals.

Democrats have argued that Bove, a former defense attorney for President Donald Trump, is unfit for the role, pointing to allegations that he proposed behind closed doors that the Trump administration could simply ignore judicial orders. Bove denies those allegations.

Sen. Susan Collins, R-Maine, voted with Republicans to move forward but said in a statement that she will oppose Bove’s confirmation on a final vote. Alaska Sen. Lisa Murkowski was the lone Republican to vote against moving forward with Bove’s nomination.

‘We have to have judges who will adhere to the rule of law and the Constitution and do so regardless of what their personal views may be,’ Collins said in a statement. ‘Mr. Bove’s political profile and some of the actions he has taken in his leadership roles at the Department of Justice cause me to conclude he would not serve as an impartial jurist.’

Democrats on the Senate Judiciary Committee stormed out of the meeting where the committee approved Bove last week.

Sen. Cory Booker, D-N.J., attempted to push for more debate time, but Chairman Chuck Grassley, R-Iowa, pushed forward with the vote.

‘What are you afraid of?’ Booker erupted, after Grassley tried to speak over him and hold the vote. ‘Debating this [nomination], putting things on the record — Dear God,’ he said, ‘that’s what we are here for.’

 ‘What are they saying to you,’ he said, referring to the Trump administration, ‘that is making you do something to violate the decorum, the decency and the respect of this committee to at least hear each other out?’

Booker ended the sharp exchange with Grassley by saying simply, ‘This is wrong, sir, and I join with my colleagues in leaving,’ before streaming out of the committee room.

It comes as Trump administration officials have taken aim at ‘activist’ judges they argue are blocking the president’s agenda and preventing him from enacting his sweeping policy goals, including the administration’s crackdown on border security and immigration.

Fox News’ Breanne Deppisch and The Associated Press contributed to this report.

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Brennan directed publication of ‘implausible’ reports claiming Putin preferred Trump in 2016, House found

The intelligence community did not have any direct information that Russian President Vladimir Putin wanted to help elect Donald Trump during the 2016 presidential election, but, at the ‘unusual’ direction of then-President Barack Obama, published ‘potentially biased’ or ‘implausible’ intelligence suggesting otherwise, the House Intelligence Committee found.

Director of National Intelligence Tulsi Gabbard declassified a report prepared by the House Permanent Select Committee on Intelligence back in 2020.

The report, which was based on an investigation launched by former House Intelligence Community Chairman Devin Nunes, R-Calif., was dated Sept. 18, 2020. At the time of the publication of the report, Rep. Adam Schiff, D-Calif., was the chairman of the committee.

The report has never before been released to the public, and instead, has remained highly classified within the intelligence community.

Fox News Digital obtained the unredacted and fully-sourced limited-access investigation report that was drafted and stored in a limited-access vault at CIA Headquarters.

The committee focused on the creation of the Intelligence Community Assessment of 2017, in which then-CIA Director John Brennan pushed for the inclusion of the now-discredited anti-Trump dossier, despite knowing it was based largely on ‘internet rumor,’ as Fox News Digital previously reported.

According to the report, the ICA was a ‘high-profile product ordered by the President, directed by senior IC agency heads, and created by just five CIA analysts, using one principal drafter.’

‘Production of the ICA was subject to unusual directives from the President and senior political appointees, and particularly DCIA,’ the report states. ‘The draft was not properly coordinated within CIA or the IC, ensuring it would be published without significant challenges to its conclusions.’

The committee found that the five CIA analysts and drafter ‘rushed’ the ICA’s production ‘in order to publish two weeks before President-elect Trump was sworn-in.’

‘Hurried coordination and limited access to the draft reduced opportunities for the IC to discover misquoting of sources and other tradecraft concerns,’ the report states.

The report states that Brennan ‘ordered the post-election publication of 15 reports containing previously collected but unpublished intelligence, three of which were substandard—containing information that was unclear, of uncertain origin, potentially biased, or implausible—and those became foundational sources for the ICA judgements that Putin preferred Trump over Clinton.’

‘The ICA misrepresented these reports as reliable, without mentioning their significant underlying flaws,’ the committee found.

‘One scant, unclear, and unverifiable fragment of a sentence from one of the substandard reports constitutes the only classified information cited to suggest Putin ‘aspired’ to help Trump win,’ the report states, adding that the ICA ‘ignored or selectively quoted reliable intelligence reports that challenged-and in some cases undermined—judgments that Putin sought to elect Trump.’

The report also states that the ICA ‘failed to consider plausible alternative explanations of Putin’s intentions indicated by reliable intelligence and observed Russian actions.’

The committee also found that two senior CIA officers warned Brennan that ‘we don’t have direct information that Putin wanted to get Trump elected.’

Despite those warnings, the Obama administration moved to publish the ICA.

The ICA ‘did not cite any report where Putin directly indicated helping Trump win was the objective.’

The ICA, according to the report, excluded ‘significant intelligence’ and ‘ignored or selectively quoted’ reliable intelligence in an effort to push the Russia narrative.

The report also includes intelligence from a longtime Putin confidant who explained to investigators that ‘Putin told him he did not care who won the election,’ and that Putin ‘had often outlined the weaknesses of both major candidates.’

The report also states that the ICA committed context showing that the claim that Putin preferred Trump was ‘implausible—if not ridiculous.’

The committee also found that the ICA suppressed intelligence that showed that Russia was actually planning for a Hillary Clinton victory because ‘they knew where [she] stood’ and believed Russia ‘could work with her.’

The committee also noted that the ICA ‘did not address why Putin chose not to leak more discrediting material on Clinton,’ even as polls tightened in the final weeks of the election.’

The committee also found that the ICA suppressed intelligence showing that Putin was ‘not only demonstrating a clear lack of concern for Trump’s election fate,’ but also indicated ‘that he preferred to see Secretary Clinton elected, knowing she would be a more vulnerable President.’

The declassification of the report comes just days after Gabbard declassified and released documents that included ‘overwhelming evidence’ that demonstrated how, after President Donald Trump won the 2016 election against Hillary Clinton, then-President Barack Obama and his national security team laid the groundwork for what would be the yearslong Trump–Russia collusion probe.

Meanwhile, Fox News Digital, in 2020, exclusively obtained the declassified transcripts from Obama-era national security officials’ closed-door testimonies before the House Intelligence Committee, in which those officials testified that they had no ’empirical evidence’ of a conspiracy between the Trump campaign and Russia in the 2016 election, but continued to publicly push the ‘narrative’ of collusion.

The House Intelligence Committee, in 2017, conducted depositions of top Obama intelligence officials, including Director of National Intelligence James Clapper, National Security Advisor Susan Rice and Attorney General Loretta Lynch, among others.

The officials’ responses in the transcripts of those interviews align with the results of former Special Counsel Robert Mueller’s investigation – which found no evidence of criminal coordination between the Trump campaign and Russia in 2016, while not reaching a determination on obstruction of justice.

The transcripts, from 2017 and 2018, revealed top Obama officials were questioned by House Intelligence Committee lawmakers and investigators about whether they had or had seen evidence of such collusion, coordination or conspiracy – the issue that drove the FBI’s initial case and later the special counsel probe.

‘I never saw any direct empirical evidence that the Trump campaign or someone in it was plotting/conspiring with the Russians to meddle with the election,’ Clapper testified in 2017. ‘That’s not to say that there weren’t concerns about the evidence we were seeing, anecdotal evidence…. But I do not recall any instance where I had direct evidence.’

Lynch also said she did ‘not recall that being briefed up to me.’

‘I can’t say that it existed or not,’ Lynch said, referring to evidence of collusion, conspiracy or coordination.

But Clapper and Lynch, and Vice President Joe Biden, were present in the Oval Office on July 28, 2016, when Brennan briefed Obama and Comey on intelligence he’d received from one of Hillary Clinton’s campaign foreign policy advisors ‘to vilify Donald Trump by stirring up a scandal claiming interference by the Russian security service.’ 

‘We’re getting additional insight into Russian activities from (REDACTED),’ Brennan’s handwritten notes, exclusively obtained by Fox News Digital in October 2020, read. ‘CITE (summarizing) alleged approved by Hillary Clinton a proposal from one of her foreign policy advisers to vilify Donald Trump by stirring up a scandal claiming interference by the Russian security service.’

Meanwhile, former U.S. Ambassador to the United Nations Samantha Power, according to the transcript of her interview to the House Intelligence Committee, was asked whether she had or saw any evidence of collusion or conspiracy.

Power replied: ‘I am not in possession of anything – I am not in possession and didn’t read or absorb information that came from out of the intelligence community.’

When asked again, she said: ‘I am not.’

Rice was asked the same question.

‘To the best of my recollection, there wasn’t anything smoking, but there were some things that gave me pause,’ she said, according to her transcribed interview, in response to whether she had any evidence of conspiracy. ‘I don’t recall intelligence that I would consider evidence to that effect that I saw… conspiracy prior to my departure.’

When asked whether she had any evidence of ‘coordination,’ Rice replied: ‘I don’t recall any intelligence or evidence to that effect.’

When asked about collusion, Rice replied: ‘Same answer.’

Former Deputy National Security Advisor Ben Rhodes was asked the same question during his House Intelligence interview.

‘I wouldn’t have received any information on any criminal or counterintelligence investigations into what the Trump campaign was doing, so I would not have seen that information,’ Rhodes said.

When pressed again, he said: ‘I saw indications of potential coordination, but I did not see, you know, the specific evidence of the actions of the Trump campaign.’

Meanwhile, former FBI Deputy Director Andrew McCabe was not asked that specific question but rather questions about the accuracy and legitimacy of the unverified anti-Trump dossier compiled by ex-British intelligence officer Christopher Steele.

McCabe was asked during his interview in 2017 what was the most ‘damning or important piece of evidence in the dossier that’ he ‘now knows is true.’

McCabe replied: ‘We have not been able to prove the accuracy of all the information.’

‘You don’t know if it’s true or not?’ a House investigator asked, to which McCabe replied: ‘That’s correct.’

After Trump’s 2016 victory and during the presidential transition period, Comey briefed Trump on the now-infamous anti-Trump dossier, containing salacious allegations of purported coordination between Trump and the Russian government. Brennan was present for that briefing, which took place at Trump Tower in New York City in January 2017.

The dossier was authored by Steele. It was funded by Clinton’s presidential campaign and the Democratic National Committee through the law firm Perkins Coie.

But Brennan and Comey knew of intelligence suggesting Clinton, during the campaign, was stirring up a plan to tie Trump to Russia, documents claim. It is unclear whether the intelligence community, at the time, knew that the dossier was paid for by Clinton and the DNC.

Brennan and Comey are now under FBI criminal investigation related to their activities connected to the Russia probe, after a criminal referral was sent by CIA Director John Ratcliffe to FBI Director Kash Patel.

Gabbard also sent the DOJ criminal referrals for those involved in the effort to create ‘manufactured’ and ‘politicized’ intelligence that led to the spreading of the Trump-Russia collusion narrative.

The Obama-era officials have been mum on the new revelations, but a spokesman for Obama on Tuesday made a rare public statement.

‘Out of respect for the office of the presidency, our office does not normally dignify the constant nonsense and misinformation flowing out of this White House with a response,’ Obama spokesman Patrick Rodenbush said in a statement. ‘But these claims are outrageous enough to merit one.’ 

‘These bizarre allegations are ridiculous and a weak attempt at distraction,’ Obama’s spokesman continued. ‘Nothing in the document issued last week undercuts the widely accepted conclusion that Russia worked to influence the 2016 presidential election but did not successfully manipulate any votes.’

He added: ‘These findings were affirmed in a 2020 report by the bipartisan Senate Intelligence Committee, led by then-Chairman Marco Rubio.’ 

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AI arms race: US and China weaponize drones, code and biotech for the next great war

From drone swarms to gene-edited soldiers, the United States and China are racing to integrate artificial intelligence into nearly every facet of their war machines — and a potential conflict over Taiwan may be the world’s first real test of who holds the technological edge.

For millennia, victory in war was determined by manpower, firepower and the grit of battlefield commanders. However, in this ongoing technological revolution, algorithms and autonomy may matter more than conventional arms. 

‘War will come down to who has the best AI,’ said Arnie Bellini, a tech entrepreneur and defense investor, in an interview with Fox News Digital. 

U.S. planners now consider Taiwan the likely locus of a 21st-century great power conflict. Though America doesn’t formally ally with Taiwan, it has steadily armed the island and shifted its forces to focus on the Indo-Pacific. 

The Pentagon is responding with urgency, and nowhere is that transformation more visible than in the U.S. Army’s sweeping AI overhaul. 

The Army goes all-in: $36 billion AI investment

Under Defense Secretary Pete Hegseth’s leadership, the Army has launched a $36 billion modernization initiative aimed directly at countering China in the Indo-Pacific.

By 2026, each of its 10 active combat divisions will be equipped with roughly 1,000 drones, dramatically shifting the battlefield from crewed helicopters to autonomous systems.

Army leaders highlight that legacy weapons and bureaucratic lag are incompatible with future warfare. The new push includes AI-assisted command-and-control, real-world testing under challenging conditions in places like the Philippines and a rapid feedback model to keep doctrine updated.

Stopping wars before they start: Cyber + AI fusion

Beyond hardware, AI may prove most powerful in prevention. Bellini believes U.S. cyber espionage, combined with AI, could strike preemptively. ‘The United States is the very best at cyber espionage and cyber warfare… once you combine [that] with AI, you can stop a war before it even happens.’

This could involve infiltrating Chinese naval systems via cyber-AI tools and neutralizing threats before ships ever set sail.

Biotech on the battlefield: From medics to gene editing

AI isn’t just about machines — it’s changing biology too. The U.S. military is exploring AI-driven trauma care, synthetic blood and regenerative medicine to save lives.

However, China may be pushing the envelope further. ‘China has been one of the more forward-leaning countries in using biotech within its military,’ defense strategist Jack Burnham said. ‘In military hospitals, there is significant research on gene editing … some of this might be dual-use.’

Reports from intelligence chiefs and former DNI John Ratcliffe suggest China may be experimenting with gene-edited soldiers, raising alarms about the ethical gray zone of AI-biotech integration.

Will robots fight battles?

‘The future of warfare is not going to be with people,’ Bellini predicted. ‘It’s going to be robots. It’s going to be drones. And it’s the synchronization.’

Tesla is developing its ‘Optimus’ robot, he noted, complete with an AI-optimized ‘brain’ to complete chores that are ‘dangerous, repetitive and boring’ in warehouses, homes and even hazardous facilities like nuclear plants.

CEO Elon Musk has spoken out against using Optimus as a ‘killer robot,’ but still, foreign adversaries worry about the potential for dual use. 

China has imposed export restrictions on the rare-earth magnets needed for Optimus actuators, specifically requesting assurances that the units won’t be used for military purposes.

War-gaming for tomorrow’s conflict

U.S. forces are already simulating this future in AI-enhanced war games. Through these exercises, commanders learn to operate at AI pace — modeling logistics, battlefield flows, and adversaries at an unprecedented scale.

‘AI is really good at modeling logistics… visualizing and integrating vast quantities of data… [creating] a more immersive experience at a much larger scale,’ Burnham said.

‘These AI opponents are like intelligent enemies you’re playing against in a war game,’ explained Dr. Randall Hill, executive director of the University of Southern California’s Institute for Creative Technologies. ‘It’s important to train not just with AI but also about AI — so soldiers understand where to trust it and where its limits are.’

Hill’s team is developing tools like PAL3, a personalized AI teaching assistant for military trainees that adapts to individual learning speeds. ‘It’s about helping both humans and machines understand each other’s strengths and weaknesses,’ he said.

Ethical concerns: Who keeps a human in the loop?

The U.S. insists on a ‘human-in-the-loop’ for lethal AI decisions — but China may not, experts warn.

‘Here in the U.S., we are focused on ethical and legal decisions on the battlefield… our adversaries… might not be as worried about keeping a human in the loop,’ said RJ Blake, a former defense official.

Hill echoed this concern, emphasizing the need for AI systems to be interpretable and stress-tested rigorously.

‘We need protocols aligned with American values,’ he said. ‘The AI must be explainable and capable of justifying its conclusions — and humans must recognize when those systems are outside their trained boundaries.’

A new era of warfare

As AI redefines warfare — from cyber and command systems to autonomous weapons and biotech — it’s not just a war machine being built. It’s a system of systems, blending digital, physical and biological domains.

Should Beijing move against Taiwan, the battlefield may no longer be measured in tanks or missiles — but in algorithms, networks and gene sequences.

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Altech Batteries LtdCerenergy Battery Project Funding Progressing Well

Perth, Australia (ABN Newswire) – Altech Batteries Limited (ASX:ATC,OTC:ALTHF) (FRA:A3Y) (OTCMKTS:ALTHF) is pleased to announce an update on funding of the CERENERGY(R) sodium-chloride solid-state battery project in Saxony, Germany.

DEBT PROCESS

As previously mentioned, Altech has engaged ten commercial banks and two venture debt funds in the first round of financing discussions, receiving largely positive initial feedback. Based on this feedback, the Company has selected a preferred financial institution- a European bank with a proven track record in providing debt funding for technology-driven projects, particularly those within the innovation sector.

Although the mandate has not yet been formally executed, Altech intends to make an official announcement once this step is complete.

Meanwhile, the bank’s commercial and technical teams have been diligently conducting a comprehensive review of the Cerenergy projects and its technology. The technical due diligence process is critical for ensuring that the project meets the bank’s financing and risk criteria. As part of this process the onsite Altech experts are in detailed discussions with the bank’s representative. The banks have visited Dresden and the Fraunhofer testing facilities and visit Hermsdorf, Germany where the prototype production is located in the coming weeks, which will be a key step in concluding the technical evaluation.

In parallel with these efforts, Altech is progressing discussions for securing a federal government guarantee, which would further strengthen its ability to secure the necessary debt funding for the project. Officials from the Ministry of Finance have already been briefed on the initiative, and the due diligence process for the application is actively underway. This federal guarantee will serve as an underwriter and therewith derisk any debt funding for the project substantially.

EQUITY FUNDING

In parallel with ongoing debt financing efforts, the Group has engaged several equity advisers to assist in securing the equity component of the project’s funding package. As part of this strategy, Altech plans to divest a minority interest in the project to one or two strategic investors. This partial divestment is intended to attract investors who can contribute not only capital, but also strategic value, aligning with the CERENERGY(R) project’s long-term goals of growth and sustainability.

The Group on one hand is specifically targeting large utility companies, data centre operators, investment funds, and corporations that are deeply committed to the green energy transition and on the other hand industrial partners with access and know-how and resources relevant to Cerenergy battery production, implementation or market access. These potential partners are seen as ideal due to their strong alignment with the project’s sustainable energy focus and their ability to provide significant financial support. Progress in equity discussions has been promising, with several Non-Disclosure Agreements (NDAs) signed, enabling deeper engagement with prospective investors. Additionally, draft term sheets have been circulated to interested parties, outlining the key terms and conditions for investment. These documents provide a foundation for negotiations and facilitate more detailed discussions around the equity stake and partnership structure.

The decision to divest part of the project is strategically aimed at easing the Company’s financial burden while bringing in experienced partners who can contribute to the project’s success. By securing both equity and debt financing, Altech aims to finalize the full funding package, ensuring the timely construction and commissioning of the CERENERGY(R) battery plant. Moving forward, the focus will be on advancing these discussions and converting interest into formal commitments, which are critical for the project’s progression.

GRANT APPLICATIONS

Altech has been actively applying for various grants offered by the State of Saxony, Federal Government of Germany, and the European Union. The State of Saxony and Brandenburg, along with the European Union, offer substantial support for renewable energy projects, including grants aimed at converting lignite coal to renewable energy sources. These grants are part of broader efforts to transition regions dependent on fossil fuels toward sustainable energy solutions. Altech’s site, located in these areas, stands to benefit from various funding programs designed to support clean energy projects, including EU grants for energy transformation and innovation. Altech has applied for several of these grants to advance its CERENERGY(R) project, securing essential financial backing for technology development, high-tech industries, expert employment and infrastructure upgrades.

OFFTAKE ARRANGEMENTS

Altech has secured three key Offtake Letters of Intent (LOIs) for 100% of its CERENERGY(R) production.

1. Zweckverband Industriepark Schwarze Pumpe (ZISP): An agreement was signed on 13 September 2024 for ZISP to purchase 30 MWh of energy storage capacity annually, consisting of 1MWh GridPacks, for the first five years of production. The purchase is contingent on performance tests and battery specifications meeting customer requirements.

2. Referenzkraftwerk Lausitz GmbH (RefLau): A second LOI was executed with RefLau, a joint venture between Enertrag SE and Energiequelle GmbH. RefLau will buy 30 MWh of CERENERGY(R) storage n the first year, increasing to 32 MWh annually for the next four years. Additionally, Altech will purchase green electricity for its planned production plant.

3. Axsol GmbH: A third LOI was signed with Axsol, a leading renewable energy solutions provider. Axsol will exclusively distribute CERENERGY(R) batteries to the Western defense industry, facilitating early market entry and sales. These agreements are crucial for financing and advancing the CERENERGY(R) project.

 

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

 

 

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Juggernaut Mobilizes 2025 Exploration On Newly Discovered Big One 11 Km High-Grade Gold System That Remains Wide Open – Golden Triangle, B.C

 

(TheNewswire)

 

        

   
                         

 

     

Vancouver, British Columbia July 23, 2025 TheNewswire – Juggernaut Exploration Ltd (JUGR.V) (OTCQB: JUGRF) (FSE: 4JE) ( the ‘Company’ or ‘Juggernaut’) is pleased to announce that it has mobilized for the 2025 surface exploration program aimed at identifying additional high-grade drill targets on the Big One property (the ‘ Property ‘), Golden Triangle, British Columbia. This new discovery yielded assays up to 79.01 gt Au (2.54 ozt Au) and 3157.89 gt Ag (101.5 ozt Ag) from >200 gold-silver-copper rich polymetallic veins up to 8 m wide and striking for up to 500 m that remain open. These veins were identified along the newly discovered 11 km Highway of Gold surrounding the Eldorado gold system on the Big One property. The discovery is located in an area of glacial and snowpack abatement adjacent to the extensive gold-rich porphyry systems at Galore Creek. The 100 % controlled property covers 36,989 hectares in a Tier 1 geologic terrane with tremendous additional discovery potential.

 

    BigOne Eldorado Map    

 

    BigOne Video    

 

  The focus of the 2025 exploration program is to sample and trace in detail the full geometry of the multiple drill-ready high-grade gold veins as well as identify additional drill targets for the planned maiden drill program. The 2025 exploration program will consist of:  

 

  •  

      Detailed mapping and systematic sampling and channel cutting of the 5 drill-ready targets that remain open, namely:  

     

    •  

        the Whopper vein (8 m wide with grades up to 13.12 g/t Au and 169.88 g/t Ag)  

       

      •  

    •  

        the Big Mac vein (4 m wide with grades up to 37.98 g/t Au and 70.37 g/t Ag)  

       

      •  

    •  

        the Giant vein (1.5 m wide with grades up to 5.06 g/t Au and 91.41 g/t Ag)  

       

      •  

    •  

        the Deluxe vein (45 cm wide with grades up to 12.12 g/t Au and 2084.61 g/t Ag)  

       

      •  

    •  

        the Double Decker vein (50 cm wide with grades up to 19.82 g/t Au and 216.65 g/t Ag)  

       

      •  

    •  

  •  

      Compiling a regional map of the Big One property with particular focus on the porphyry system that remains open confirmed at Eldorado.  

     

    •  

  •  

      An extensive property-wide surface prospecting program aimed at identifying additional drill targets in preparation for the 2026 inaugural drill program.  

     

    •  

  •  

      A property-wide LiDAR survey  

     

    •  

  Dan Stuart, President and CEO of Juggernaut Exploration states   ‘   The Big One is arguably one of the most significant new grassroots gold-silver discoveries in the Golden Triangle in recent years. This year’s program is designed with a clear objective: to systematically advance and expand upon our five inaugural, drill-ready targets and to generate additional new targets for our fully funded 2026 maiden drill program. The sheer scale of the system, with over 200 mineralized veins exposed at surface by glacial abatement, all point towards a powerful, district-scale mineralizing engine at depth. A Notice of Work application (drill permit application) has been submitted to the British Columbia Ministry of Mining and Critical Minerals in preparation for the 2026 inaugural drill program. We have only just started to scratch the surface on the property and likely only seen the tip of the iceberg.’  

 

    ELDORADO PORPHRYRY SYSTEM – 11 KM HIGHWAY OF GOLD – HIGHLIGHTS  

 

         

  •  

      Eldorado consists of a   high-grade polymetallic gold-silver zone named Highway of Gold that stretches 11 km and remains open on newly exposed bedrock   along the fringes of the Geology Ridge icefield and Decker Creek glacier  

     

    •  

  •  

      Eldorado demarks an   area of 7.5 Km   of recently exposed bedrock containing substantial propylitic alteration, hydrothermal veining, and epithermal veining with 200 quartz-sulphide veins up to 8 m wide containing semi-massive to massive chalcopyrite, sphalerite and galena with grades up to 79.01 g/t Au (2.54 oz/t Au) and 3157 g/t Ag (101.5 oz/t Ag),   that remains open  

     

    •  

  •  

      The polymetallic veins, alteration signature, geochemical path finder element signature, and geophysical anomalies strongly indicate the presence of a   common buried gold-silver-copper rich porphyry feeder source at depth   responsible for the extensive high-grade veining confirmed on surface  

     

    •  

  •  

      The newly exposed Eldorado system   contains 200 veins over an area of 1.2 km by 800 m that remains open. Within this zone, veins up to 8 m wide and striking up to 500 m were observed (Whopper vein), containing semi-massive to massive chalcopyrite, sphalerite and galena,   indicated to be the source of historic high-grade gold-silver angular float samples reported in the 1960s in the valley below. Both the zone and the system remain open and are drill ready.  

     

    •   

  The Big One property is situated in a region that is well known for hosting world class precious metal and porphyry deposits, several of which occur near the property including the multiple Tier 1 porphyry systems at Galore Creek (12,159 million pounds of copper, 9.438 million ounces of gold, 174.086 million ounces of silver), the world’s largest known gold reserve at KSM (47.3 million ounces of gold, 160 million ounces of silver, 7.32 billion pounds of copper) and the polymetallic copper project at Shaft Creek (5 billion pounds of copper, 3.7 million ounces of gold, 16.4 million ounces of silver), as well as the Brucejack high-grade epithermal   gold deposit (14 million ounces of gold, 91.8 million ounces of silver), and the structurally controlled high-grade hydrothermal gold-silver zones at Trophy and Sphal Creek. The property geology is favorable to host these types of deposits as confirmed by the presence of extensive areas of propylitic alteration, untested geophysical anomalies, strong silt, soil and rock geochemistry including path finder elements directly related to porphyry systems, key structures and textures, porphyry-style mineralization, and high-grade polymetallic veins, that have been discovered within the Big One claims.     BigOne Property Map    

 

  The Big One property can be accessed year-round via helicopter from the Glenora/Telegraph Creek Road at the Barrington Mine (33 km to the north-northeast) as well as the Galore Creek Road (15 km to the southeast). The Canadian government committed $20 M to extend/improve the Galore Creek Road to within 15 km of the Big One property. The property is 2 km west of the Scud River airstrip used in the early days of Galore Creek.  

 

  A Notice of Work application (drill permit application) has been submitted to the British Columbia Ministry of Mining and Critical Minerals in preparation for the 2026 inaugural drill program. The Big One property exploration qualifies for the Critical Mineral Exploration Tax Credit (CMETC).  

 

  About Juggernaut Exploration Ltd.  

 

  Juggernaut Exploration Ltd. is an explorer and generator of precious metals projects in the prolific Golden Triangle of northwestern British Columbia. Its projects are in world-class geological settings and geopolitical safe jurisdictions amenable to Tier 1 mining in Canada. Juggernaut is a member and active supporter of CASERM, an organization representing a collaborative venture between the Colorado School of Mines and Virginia Tech. Juggernaut’s key strategic cornerstone shareholder is Crescat Capital.  

 

  Qualified Person  

 

  Rein Turna, P. Geo is the qualified person as defined by National Instrument 43-101, for Juggernaut Exploration projects, and supervised the preparation of, and has reviewed and approved, the technical information in this release.  

 

  Other  

 

  Grab, channels, chip and talus samples were collected by foot with helicopter assistance. Prospective areas included, but were not limited to, proximity to MINFile locations, placer creek occurrences, regional soil anomalies, and potential gossans based on high-resolution satellite imagery. The rock grab and chip samples were extracted using a rock hammer, or hammer and chisel to expose fresh surfaces and to liberate a sample of anywhere between 0.5 to 5.0 kilograms. All sample sites were flagged with biodegradable flagging tape and marked with the sample number. All sample sites were recorded using hand-held GPS units (accuracy 3-10 meters) and sample ID, easting, northing, elevation, type of sample (outcrop, subcrop, float, talus, chip, grab, etc.) and a description of the rock were recorded on all-weather paper. Samples were then inserted in a clean plastic bag with a sample tag for transport and shipping   to the geochemistry lab. QA/QC samples including blanks, standards, and duplicate samples were inserted regularly into the sample sequence at a rate of 10%.  

 

  All samples are transported in rice bags sealed with numbered security tags. A transport company takes them from the core shack to the Paragon Geochemical labs facilities in Surrey, BC or ALS labs facilities in North Vancouver, BC. Paragon Geochemical is certified with both AC89-IAS and ISO/IEC Standard 17025:2017. ALS is either certified to ISO 9001:2008 or accredited to ISO 17025:2005 in all of its locations. Samples submitted to Paragon received gold and silver analysis by photon assay whereby the entire sample is crushed to approximately 70% passing 2 mm mesh. The entire crushed sample is riffle split and weighed into multiple (300-500g) jars that are submitted for photon assay. Photon assay uses high-energy X-rays (photons) to excite atomic nuclei within the jarred samples, causing them to emit secondary gamma rays, which are measured to identify and quantify the metals present. The assays from all jars are combined on a weight-averaged basis. At ALS samples were processed, dried, crushed, and pulverized before analysis using the ME-MS61 and Au-SCR21 methods. For the ME-MS61 method, a prepared sample is digested with perchloric, nitric, hydrofluoric, and hydrochloric acids. The residue is topped up with dilute hydrochloric acid and analyzed by inductively coupled plasma atomic emission spectrometry. Overlimits were re-analyzed using the ME-OG62 and Ag-GRA21 methods (gravimetric finish). For Au-SCR21 a large volume of sample is needed (typically 1-3kg). The sample is crushed and screened (usually to -106 micron) to separate coarse gold particles from fine material. After screening, two aliquots of the fine fraction are analysed using the traditional fire assay method. The fine fraction is expected to be reasonably homogenous and well represented by the duplicate analyses. The entire coarse fraction is assayed to determine the contribution of the coarse gold.  

 

  For more information, please contact:  

 

  Juggernaut Exploration Ltd.  

 

  Dan Stuart  

 

  President, Director and Chief Executive Officer  

 

  Tel: (604)-559-8028  

 

    www.juggernautexploration.com    

 

  NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.  

 

  FORWARD LOOKING STATEMENT  

 

  Certain disclosure in this release may constitute forward-looking statements that are subject to numerous risks and uncertainties relating to Juggernaut’s operations that may cause future results to differ materially from those expressed or implied by those forward-looking statements, including its ability to complete the contemplated private placement. Readers are cautioned not to place undue reliance on these statements.  

 

  NOT FOR DISSEMINATION IN THE UNITED STATES OR TO U.S. PERSONS OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES. THIS PRESS RELEASE DOES NOT CONSTITUTE AN OFFER TO SELL OR AN INVITATION TO PURCHASE ANY SECURITIES DESCRIBED IN IT.  

 

Copyright (c) 2025 TheNewswire – All rights reserved.

 

 

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NevGold Announces Up to 92% Antimony Recovery From Positive Metallurgical Testwork Program at Oxide Gold-Antimony Limo Butte Project in Nevada

 

Nevgold Corp. (‘ NevGold ‘ or the ‘ Company ‘) ( TSXV:NAU,OTC:NAUFF) (OTCQX:NAUFF) (Frankfurt:5E50 ) is pleased to announce extremely positive antimony (‘Antimony’, ‘Sb’) metallurgical testwork results at its oxide gold-antimony Limousine Butte Project (the ‘Project’, ‘Limo Butte’) in Nevada, one of the world’s prolific mining jurisdictions.

 

The positive antimony metallurgical recovery results, that have minimal to no impact on gold recoveries, are a key development in unlocking the substantial gold-antimony potential of the Project, highlighting its promising prospects for further exploration and development.

 

   Key Highlights   

 

  • Extremely positive antimony metallurgical testwork results from drill core and surface oxide gold-antimony samples including (Table 2):

    •  

  •  
    • Acid Leaching indicating antimony extraction recovery between 75% and 92%

      •  

    • Sulfidized Flotation indicating antimony recovery between 61% and 78%

      •  

    • Core samples were from both Resurrection Ridge and Cadillac Valley, the two most advanced gold-antimony target areas at the Project

      •  

    •  

  • Acid Leaching and Sulfidized Flotation will be advanced into the next stage of metallurgical testing and trade-off engineering studies  

    •  

  •   Two plus 20-kilogram composite samples of both drill core and surface samples were used for testwork outlining a representative sample of the oxide gold-antimony mineralization at the Project

    •  

  • Antimony recovery has minimal to no impact on the gold recovery in a potential combined gold-antimony mine scenario

    •  

  •   Drill rig will be mobilized in the coming weeks for the next phase of drilling focused on advancing Limo Butte to a gold-antimony Mineral Resource Estimate (‘MRE’) by Q4-2025   

    •  

  NevGold CEO, Brandon Bonifacio, comments:   ‘The results from the first phase of antimony metallurgical test work at Limo Butte have     exceeded our expectations with up to 92% antimony recovery     . Tests from large bulk samples of both core drilling and surface samples demonstrate that    positive antimony recoveries can be attained through different metallurgical process flowsheets, and that the oxide gold is also recoverable.    The information generated from this program has helped us better understand the metallurgical aspects of the antimony mineralization at the Project, and it will guide the design of future metallurgical testwork programs. It has been an extremely positive, critical development to define    numerous options to positively recover both the gold and antimony from the near-surface oxide mineralization    . We continue to execute in de-risking and advancing the oxide gold-antimony potential, and this is another key milestone achieved in unlocking the substantial value of the Limo Butte Project.’  

 

   Limo Butte Planned 2025 Activities / Status Update   
NevGold will continue its active exploration program at Limo Butte including:

 

  • Evaluate the historical geological database with focus on gold and antimony (completed) ;

    •  

  • Evaluate and re-analyze historical drilling with focus on gold and antimony (in progress, continues) ;

    •  

  • Metallurgical testwork (    1     st     Phase Completed    ) ;

    •  

  • 2025 drilling of gold-antimony targets (drill rig will mobilize over the coming weeks) .

    •  

   

 

  Figure 1 – Limousine Butte Gold-Antimony Project with location of core and surface samples used in the antimony metallurgical testwork program.     To view image please click here    

 

   

 

  Figure 2 – Surface metallurgical grab sample from Resurrection Ridge: silicified and oxidized carbonate breccia with visible stibiconite (antimony) as elongated white crystals up to 6 cm long.     To view image please click here    

 

   Summary of Antimony Metallurgical Testwork Program   
The gold-antimony zones at Limousine Butte are typically associated with silicification and the formation of jasperoid breccias within the Pilot Shale unit, which is the primary host rock for Carlin-type gold-antimony mineralization in the area.

 

Two plus 20-kilogram composite samples were sent to the Kappes, Cassiday & Associates laboratory (KCA) in Reno, Nevada, for initial antimony recovery metallurgical test work. The core sample was composed of material from the Resurrection Ridge and Cadilac Valley target areas (Figure 1) ranging from 64 meters to 377 meters deep. The surface outcrop sample was taken from several outcrops in the historically mined Golden Butte pit, and the nearby Nevada Antimony Mine prospect (Figure 1). Both the surface and core samples contained antimony oxide with minor antimony sulfide minerals. Head assays for the composites are summarized in Table 1.

 

               

  KCA Sample #     Description     Au g/t     Ag g/t     Sb %  
101178 B Limo Core 0.892 2.64 > 1%
101179 B Limo Surface 0.27 1.13 > 4%

 

  Table 1 – Summary of test material characteristics from Limo Butte.  

 

Initial metallurgical testwork on the antimony consisted of various proposed metallurgical processes including gravity, flotation, and leaching methods. The Leach testing consisted of both basic and acid leaches, with the best results produced from acid leaching indicating an overall antimony extraction recovery of between 75% and 92%. The Flotation testing consisted of oxide flotation, sulfide flotation and sulfidized flotation, with the best results produced from the sulfidized flotation indicating an overall antimony recovery of between 61% and 78%. The Gravity testing results indicate an overall antimony recovery of between 25% and 32%. See below in Table 2.  

 

   Metallurgical Testwork Results – Summary   

 

                                                                                 

  KCA Sample #     Description     Test Type      

Addition  

   Calc. Head,  
% Sb  		   Sb Extracted  
%  
   Leach   
101178 B Limo Core Alkali NaOH 3.56 38
101178 B Limo Core   Acid     H2SO4/HCL     4.67     92  
101179 B Limo Surface Alkali NaOH 7.17 8
101179 B Limo Surface   Acid     H2SO4/HCL     8.41     75  
   Flotation   
101178 B Limo Core Oxide RO CuSO4*5H2O 3.76 33
101178 B Limo Core Sulfide RO Pb(NO3)2 3.77 35
  101178 B     Limo Core     Sulfur Roast + Sulfide RO     Pb(NO3)2     4.06     61  
101179 B Limo Surface Oxide RO CuSO4*5H2O 7.71 12
101179 B Limo Surface Sulfide RO Pb(NO3)2 7.87 3
  101179 B     Limo Surface     Sulfur Roast + Sulfide RO     Pb(NO3)2     8.57     78  
   Gravity   
101178 B Limo Core Gravity   3.01 25
101179 B Limo Surface Gravity   8.15 32

 

  Table 2 – Summary of antimony metallurgical testwork results from Limo Butte.  

 

   

 

  Figure 3 – Limousine Butte Project with historical antimony in rock chips and soils. The total strike length between Resurrection Ridge and Cadillac Valley is +5km.     To view image please click here    

 

   US Executive Order – Announced March 20, 2025   
The Company is pleased to report the recent, sweeping    Executive Order     to strengthen American mineral production and reduce U.S. reliance on foreign nations for its mineral supply . Antimony (Sb) has been identified as an important ‘Critical Mineral’ in the United States essential for national security, clean energy, and technology applications, yet no domestically mined supply currently exists.  

 

The Executive Order invokes the use of the Defense Production Act as part of a broad United States (‘US’) Government effort to expand domestic minerals production on national security grounds. As it relates to project permitting, the Order states that it will ‘identify priority projects that can be immediately approved or for which permits can be immediately issued, and take all necessary or appropriate actions…to expedite and issue the relevant permits or approvals.’ Furthermore, the Order includes provisions to accelerate access to private and public capital for domestic projects, including the creation of a ‘dedicated mineral and mineral production fund for domestic investments’ under the Development Finance Corporation (‘DFC’).

 

This decisive action by the US Government highlights the urgent need to expand domestic minerals output to support supply chain security in the United States. This important Order will help revitalize domestic mineral production by improving the permitting process and providing financial support to qualifying domestic projects.

 

   Importance of Antimony   
Antimony is considered a ‘Critical Mineral’ by the United States based on the U.S. Geological Survey’s 2022 list (U.S.G.S. (2022)). ‘Critical Minerals’ are metals and non-metals essential to the economy and national security. Antimony is utilized in all manners of military applications, including the manufacturing of armor piercing bullets, night vision goggles, infrared sensors, precision optics, laser sighting, explosive formulations, hardened lead for bullets and shrapnel, ammunition primers, tracer ammunition, nuclear weapons and production, tritium production, flares, military clothing, and communication equipment. Other uses include technology (semi-conductors, circuit boards, electric switches, fluorescent lighting, high quality clear glass and lithium-ion batteries) and clean-energy storage.

 

Globally, approximately 90% of the world’s current antimony supply is produced by China, Russia, and Tajikistan. Beginning on September 15, 2024, China, which is responsible for nearly half of all global mined antimony output and dominates global refinement and processing, announced that it will restrict antimony exports. In December-2024, China explicitly restricted antimony exports to the United States citing its dual military and civilian uses, which further exacerbated global supply chain concerns. (Lv, A. and Munroe, T. (2024)) The U.S. Department of Defense (‘DOD’) has designated antimony as a ‘Critical Mineral’ due to its importance in national security, and governments are now prioritizing domestic production to mitigate supply chain disruptions. Projects exploring antimony sources in North America play a key role in addressing these challenges.

 

Perpetua Resources Corp. (‘Perpetua’, NASDAQ:PPTA, TSX:PPTA) has the most advanced domestic gold-antimony project in the United States. Perpetua’s project, known as Stibnite, is located in Idaho approximately 130 km northeast of NevGold’s Nutmeg Mountain and Zeus projects. Positive advancements at Stibnite including the technical development and permitting has led to US$75 million in Department of Defense (‘DOD’) awards, and over $1.8 billion in indicative financing from the Export Import Bank of the United States (‘US EXIM’) (   see Perpetua Resources News Release from April 8, 2024   ) (Perpetua Resources. (2025))

 

   

 

  Figure   4 – Limousine Butte Land Holdings and District Exploration Activity     To view image please click here    

 

  ON BEHALF OF THE BOARD  

 

   ‘Signed’   

 

  Brandon Bonifacio, President & CEO  

 

For further information, please contact Brandon Bonifacio at bbonifacio@nev-gold.com, call 604-337-4997, or visit our website at   www.nev-gold.com   .

 

   Sampling Methodology, Chain of Custody, Quality Control and Quality Assurance:   
NevGold QA/QC protocols are followed on the Project and include insertion of duplicate, blank and standard samples in all drill holes. A 30g gold fire assay and multi-elemental analysis ICP-OES method was completed by ISO 17025 certified American Assay Labs, Reno.

 

The metallurgical work was carried out by Kappes, Cassiday and Associates based in Reno, Nevada. Head assays were ground to 80% passing 0.075mm and analyzed by standard 30g gold fire assay and multi-elemental analysis ICP-OES methods. Gravity test samples were milled to 80% passing 0.212mm and concentrated by Knelson concentrator and hand-panned to final concentrate and tailings. Flotation test samples were milled to 80% passing 0.045mm and used for the flotation tests using various activators. Leach test samples were milled to 80% passing 0.045mm. The alkaline and acid leach tests were leached at 80 o C for 8 hours.

 

The Company’s Qualified Person (‘QP’), Greg French, Vice President, Exploration has completed a review of the historical data in this press release. The historic data collection chain of custody procedures and analytical results by previous operators appear adequate and were completed to industry standard practices. For the Newmont and US Gold data a 30g gold fire assay and multi-elemental analysis ICP-OES method MS-41 was completed by ISO 17025 certified ALS Chemex, Reno or Elko Nevada.

 

Technical information contained in this news release has been reviewed and approved by Greg French, CPG, the Company’s Vice President, Exploration, who is NevGold’s Qualified Person under National Instrument 43-101 and responsible for technical matters of this release.

 

   About the Company   
NevGold is an exploration and development company targeting large-scale mineral systems in the proven districts of Nevada and Idaho. NevGold owns a 100% interest in the Limousine Butte and Cedar Wash gold projects in Nevada, and the Nutmeg Mountain gold project and Zeus copper project in Idaho.

 

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

 

 

 

   Cautionary Note Regarding Forward Looking Statements   

 

  This news release contains forward-looking statements that are based on the Company’s current expectations and estimates. Forward-looking statements are frequently characterized by words such as ‘plan’, ‘expect’, ‘project’, ‘intend’, ‘believe’, ‘anticipate’, ‘estimate’, ‘suggest’, ‘indicate’ and other similar words or statements that certain events or conditions ‘may’ or ‘will’ occur. Forward-looking statements include, but are not limited to, the proposed work programs at Limousine Butte, and the exploration potential at Limousine Butte. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause actual events or results to differ materially from estimated or anticipated events or results implied or expressed in such forward-looking statements. Such risks include, but are not limited to, general economic, market and business conditions, and the ability to obtain all necessary regulatory approvals. There is some risk that the forward-looking statements will not prove to be accurate, that the management’s assumptions may not be correct or that actual results may differ materially from such forward-looking statements. Accordingly, readers should not place undue reliance on the forward-looking statements. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future   events or results or otherwise. Forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein.  

 

   References   

 

Blackmon, D. (2021) Antimony: The Most Important Mineral You Never Heard Of.   Article Prepared by Forbes.  

 

Kurtenbach, E. (2024) China Bans Exports to US of Gallium, Germanium, Antimony in response to Chip Sanctions . Article Prepared by AP News.  

 

Lv, A. and Munroe, T. (2024) China Bans Export of Critical Minerals to US as Trade Tensions Escalate . Article Prepared by Reuters.  

 

Lv, A. and Jackson, L. (2025) China’s Curbs on Exports of Strategic Minerals . Article Prepared by Reuters.  

 

Perpetua Resources. (2025) Antimony Summary . Articles and Videos Prepared by Perpetua Resources.  

 

Sangine, E. (2022) U.S. Geological Survey, Mineral Commodity Summaries, January 2023 . Antimony Summary Report prepared by U.S.G.S

 

U.S.G.S. (2022) U.S. Geological Survey Releases 2022 List of Critical Minerals . Reported Prepared by U.S.G.S  

 

 

 

   

 

 

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IsoEnergy and Purepoint Extend High-Grade Mineralization at the Dorado JV with a 70 Metre Step-Out Peaking at 110,800 CPS

IsoEnergy Ltd. (NYSE American: ISOU) (TSX: ISO) (‘IsoEnergy’) and Purepoint Uranium Group Inc. (TSXV: PTU)PTU) (OTC: PTUUF) (‘Purepoint’) are pleased to report continued strong results from drilling at their 50/50 Dorado joint venture project (‘Dorado’ or the ‘Project’), located in Saskatchewan’s world-class Athabasca Basin (Figure 1). The most recent drill hole, PG25-07A, stepped out approximately 70 metres northeast of the ‘Nova Discovery’ intercepts at the Q48 target area and returned stronger mineralization, with an average of 11,100 counts per second (CPS) measured on a Mount Sopris 2PGA-1000 downhole radiometric probe across a much wider interval of 14.0 metres, including a peak reading of 110,800 CPS.

The recent Nova Discovery results further define the mineralized trend at the Q48 target as a steeply dipping, uranium-bearing structure hosted within the basement rocks, underscoring the potential scale and strength of the system emerging at Dorado. All assays from the current program, including holes PG25-04 and PG25-05, are pending on a rush basis and will be disclosed once available.

Highlights

  • PG25-07A intersected a continuation of the Nova Discovery uranium basement hosted mineralization approximately 70 metres northeast of PG25-05 and 60 metres below the unconformity, averaging 11,100 CPS over 14.0 metres with a peak of 110,100 CPS.
  • The Nova Discovery mineralization at Q48 remains open to the northeast, the direction of increasing radioactivity, but wet marsh ground conditions currently prevent further drilling in that direction. Follow-up drilling is expected to resume this winter, when frozen ground allows for more efficient land-based access.
  • The drill rig has now been mobilized to the Turaco target, located approximately 8 km northeast of the Q48 target within the Dorado project. Up to four holes are planned at Turaco as part of the 5,400-metre drill program approved by the joint venture partners for 2025.

‘The recent Nova Discovery results underscore just how much potential remains at Dorado,’ said Chris Frostad, President and CEO of Purepoint Uranium. ‘PG25-07A has successfully extended the Nova Discovery zone by 70 metres and delivered our strongest intercept to date, both in intensity and thickness based on radioactivity. The systematic way we’ve approached Q48 is paying off, and we expect the next phase of drilling will push this discovery even further.’

‘The results from PG25-07A mark a significant leap forward for our new Nova discovery,’ added Philip Williams, CEO and Director of IsoEnergy. ‘This step-out hole shows that the mineralized structure continues northeast and that the grades and thickness are improving as we move along the trend. While we have had to pause advancement in this direction due to ground conditions, we are eager to return this winter to continue following what we believe is shaping up to be an exciting discovery.’


Figure 1: Location of the Q48 and Turaco Target areas, the initial focus of the 2025 drill program, highlighted. (CNW Group/IsoEnergy Ltd.)

Figure 2: Location Map of 2025 Drill Program at Q48 Target Area and the new Nova Discovery. (CNW Group/IsoEnergy Ltd.)

Figure 3: IsoEnergy and Purepoint Uranium Joint Venture including, Dorado Project, Aurora Project and Celeste Block (CNW Group/IsoEnergy Ltd.)DDHs PG25-06 and PG25-07A

Drill hole PG25-06 targeted the brittle fault associated with mineralization (Figure 1) at the unconformity approximately 20 metres northeast of initial drilling (Figure 2). The drill hole was collared with a dip of -64 degrees and encountered Athabasca sandstone to a depth of 316 metres. Granitic gneiss displaying paleoweathering alteration was drilled to 341 metres then generally unaltered granite, pegmatites and pelitic gneiss was drilled to the completion depth of 482 metres. Projection of the Nova Discovery zone mineralization suggests the radioactive sandstone interval of 1,040 cps over 2.3 metres in the Mount Sopris 2PGA-1000 downhole gamma probe (Table 1), which occurs within core lost between 312.4 to 314.0m, is related to the primary mineralized structure.

Hole PG25-07A was collared from the PG25-04 drill pad and initial deviation resulted in a large 70 metre step out to the northeast of the PG25-05 mineralized intercept. The unconformity was intersected at a depth of 322 metres and the drill hole intercepted the radioactive structure approximately 40 metres up-dip of PG25-04. From the unconformity, granitic gneiss with pegmatitic intervals was encountered to a depth of 392 metres that was initially clay altered for 5 metres, weakly chlorite altered for 20 meters, unaltered for 36 metres, then became chloritized and silicified for 9 metres. Chloritized pelitic gneiss was drilled from 392 to 441 metres, unaltered graphitic and pyritic pelitic gneiss to 459 metres, followed by unaltered granitic gneiss and pegmatites with minor pelitic gneiss to the completion depth of 548 metres.

The PG25-07A Nova zone mineralization starts within granitic gneiss at 382.3 metres and extends into pelitic gneiss to a depth of 396.3 metres returning an average of 11,100 cps over 14.0 metres. A primary mineralized structure of the Nova zone is hosted in sheared, reddish-brown altered granitic gneiss with pitchblende that returned an average of 82,300 cps over 0.6 metres with a peak of 110,800 cps. A second strongly mineralized interval occurs within lost pelitic gneiss core and returned an average of 46,000 cps over 0.4 metres.

* See Qualified Person Statement below.

Table 1: Downhole Gamma Results of Drill Holes PG25-06 and 07A

Hole ID

From (m)

To (m)

Length (m)

Avg. cps

Max. cps

PG25-06

250.8

251.5

0.7

665

805

312.6

314.9

2.3

1,040

1,770

341.2

345.3

4.1

980

1,980

347.6

348.4

0.8

860

1,060

351.4

353.1

1.7

910

1,320

403.3

404.7

1.4

1,410

2,600

PG25-07A

382.3

396.3

14.0

11,100

110,800

Includes

385.5

386.1

0.6

82,300

Includes

392.3

392.7

0.4

46,000

397.4

399.8

2.4

4,500

20,200

401.5

402.8

1.3

6,200

21,500

Includes

402.0

402.4

0.4

14,400

484.4

484.9

0.5

1,720

3,680

Note: Mt. Sopris 2PGA probe used to record downhole gamma readings

Q48 Target Area

The Q48 zone lies within the southern portion of the Project and is characterized by a steeply dipping, north-south trending conductive package identified through geophysical surveys. Historic drilling in the area intersected strongly altered and structurally disrupted rocks at the unconformity and in the basement, including garnetiferous pelitic gneiss, graphitic pelitic gneiss, and semipelite, with local weak radioactivity and zones of intense clay alteration. These results, combined with the geophysical response, highlighted Q48 as a highly prospective but underexplored target.

Drilling by IsoEnergy in 2022 confirmed that the conductive trend at Q48 hosts brittle faults, shears, and alteration, characteristics of uranium-bearing hydrothermal systems in the Athabasca Basin. The current program is designed to systematically follow-up and fully test the Q48 conductive corridor.

Turaco Target Area

The Turaco zone lies within the central portion of the Project and is characterized by a broad area with high conductivity. Although numerous geophysical surveys have been conducted, including airborne electromagnetics (VTEM), ground EM, induced polarization and gravity, previous drilling has failed to properly explain the interpreted EM conductors. A recent review of the geophysical results by Condor Consulting North of Vancouver, BC has selected alternative EM conductor picks that better explain the conductive responses and used Maxwell Modeling to accurately locate the position of discreet conductors. Drilling will commence at one of the high priority target areas identified by Condor.

About the Dorado JV Project

Dorado (Figure 3) is the flagship project of the IsoEnergy-Purepoint 50/50 joint venture, a partnership encompassing more than 98,000 hectares of prime uranium exploration ground. The Project includes the former Turnor Lake, Geiger, Edge, and Full Moon properties, all underlain by graphite-bearing lithologies and fault structures favorable for uranium deposition.

Recent drilling by IsoEnergy east of the Hurricane Deposit has intersected strongly elevated radioactivity in multiple holes. The anomalous radioactivity confirms the continuity of fertile graphitic rock package and further highlights the opportunity for additional high-grade discoveries across the region.

The shallow unconformity depths across the Dorado property—typically between 30 and 300 metres—allow for highly efficient drilling and rapid follow-up on results.

* See Qualified Person Statement below.

Gamma Logging and Geochemical Assaying

A Mount Sopris 2PGA-1000 downhole total gamma probe was utilized for radiometric surveying. The total gamma results provided in Table 1 were selected using a cutoff of 500 cps over a 0.5 metre width. All drill intercepts are core width and true thickness is yet to be determined.

Core samples are submitted to the Saskatchewan Research Council (SRC) Geoanalytical Laboratories in Saskatoon. The SRC facility is independent of IsoEnergy and PurePoint and is ISO/IEC 17025:2005 accredited by the Standards Council of Canada (scope of accreditation #537). The samples are analyzed for a multi-element suite using partial and total digestion inductively coupled plasma methods, for boron by Na2O2 fusion, and for uranium by fluorimetry.

Qualified Person Statement

The scientific and technical information contained in this news release relating to IsoEnergy and Purepoint was reviewed and approved by Dr. Dan Brisbin, P.Geo., IsoEnergy’s Vice President, Exploration and Scott Frostad BSc, MASc, P.Geo., Purepoint’s Vice President, Exploration, who are ‘Qualified Persons’ (as defined in NI 43-101 – Standards of Disclosure for Mineral Projects (‘NI 43-101’)).

For additional information with respect to the current mineral resource estimate for IsoEnergy’s Hurricane Deposit, please refer to the Technical Report prepared in accordance with NI 43-101 entitled ‘Technical Report on the Larocque East Project, Northern Saskatchewan, Canada’ dated August 4, 2022, available under IsoEnergy’s profile at www.sedarplus.ca.

This news release refers to properties other than those in which IsoEnergy and Purepoint have an interest. Mineralization on those other properties is not necessarily indicative of mineralization on the Joint Venture properties.

About IsoEnergy Ltd.

IsoEnergy (NYSE American: ISOU; TSX: ISO) is a leading, globally diversified uranium company with substantial current and historical mineral resources in top uranium mining jurisdictions of Canada, the U.S. and Australia at varying stages of development, providing near-, medium- and long-term leverage to rising uranium prices. IsoEnergy is currently advancing its Larocque East project in Canada’s Athabasca basin, which is home to the Hurricane deposit, boasting the world’s highest-grade indicated uranium mineral resource. IsoEnergy also holds a portfolio of permitted past-producing, conventional uranium and vanadium mines in Utah with a toll milling arrangement in place with Energy Fuels. These mines are currently on standby, ready for rapid restart as market conditions permit, positioning IsoEnergy as a near-term uranium producer.

About Purepoint

Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) is a focused explorer with a dynamic portfolio of advanced projects within the renowned Athabasca Basin in Canada. Highly prospective uranium projects are actively operated on behalf of partnerships with industry leaders including Cameco Corporation, Orano Canada Inc. and IsoEnergy Ltd.

Additionally, the Company holds a promising VMS project currently optioned to and strategically positioned adjacent to and on trend with Foran Mining Corporation’s McIlvenna Bay project. Through a robust and proactive exploration strategy, Purepoint is solidifying its position as a leading explorer in one of the globe’s most significant uranium districts.

www.isoenergy.ca 

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

Cautionary Statement Regarding Forward-Looking Information

This press release contains ‘forward-looking information’ within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as ‘plans’, ‘expects’ or ‘does not expect’, ‘is expected’, ‘budget’, ‘scheduled’, ‘estimates’, ‘forecasts’, ‘intends’, ‘anticipates’ or ‘does not anticipate’, or ‘believes’, or variations of such words and phrases or state that certain actions, events or results ‘may’, ‘could’, ‘would’, ‘might’ or ‘will be taken’, ‘occur’ or ‘be achieved’. This forward-looking information may relate to additional planned exploration activities, including the timing thereof and the anticipated results thereof; and any other activities, events or developments that the companies expect or anticipate will or may occur in the future.

Forward-looking statements are necessarily based upon a number of assumptions that, while considered reasonable by management at the time, are inherently subject to business, market and economic risks, uncertainties and contingencies that may cause actual results, performance or achievements to be materially different from those expressed or implied by forward-looking statements. Such assumptions include, but are not limited to, that planned exploration activities are completed as anticipated; the anticipated costs of planned exploration activities, the price of uranium; that general business and economic conditions will not change in a materially adverse manner; that financing will be available if and when needed and on reasonable terms; and that third party contractors, equipment and supplies and governmental and other approvals required to conduct the Joint Venture’s planned activities will be available on reasonable terms and in a timely manner. Although each of IsoEnergy and Purepoint have attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. 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 statements. Accordingly, readers should not place undue reliance on forward-looking information.

Such statements represent the current views of IsoEnergy and Purepoint with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by IsoEnergy and Purepoint, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Risks and uncertainties include but are not limited to the following: the inability of the Joint Venture to complete the exploration activities as currently contemplated; ; uncertainty of additional financing; no known mineral resources or reserves; aboriginal title and consultation issues; reliance on key management and other personnel; actual results of technical work programs and technical and economic assessments being different than anticipated; regulatory determinations and delays; stock market conditions generally; demand, supply and pricing for uranium; and general economic and political conditions. Other factors which could materially affect such forward-looking information are described in the risk factors in each of IsoEnergy’s and Purepoint’s most recent annual management’s discussion and analyses or annual information forms and IsoEnergy’s and Purepoint’s other filings with the Canadian securities regulators which are available, respectively, on each company’s profile on SEDAR+ at www.sedarplus.ca. IsoEnergy and Purepoint do not undertake to update any forward-looking information, except in accordance with applicable securities laws.

Source

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Crypto Market Update: Pro-Crypto Climate Fuels Massive Jump in BTC Millionaires

Here’s a quick recap of the crypto landscape for Monday (July 23) as of 9:00 a.m. UTC.

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

Bitcoin and Ethereum price update

Bitcoin (BTC) was priced at US$118,643, down by 0.5 percent over the last 24 hours. The highest valuation today was US$120,222, while its lowest valuation was US$117,979.

Bitcoin price performance, July 23, 2025.

Chart via TradingView

Ethereum (ETH) was priced at US$3,677.59, down by 0.8 percent over the past 24 hours. Its lowest valuation as of Wednesday was US$3,650, and its highest was US$3,758.05.

Altcoin price update

  • Solana (SOL) was priced at US$196.95, down by 1.4 percent over 24 hours. Its lowest valuation on Wednesday was US$197.05 as the markets opened for the day, and its highest was US$205.29.
  • XRP was trading for US$3.44, down 2.0 percent in the past 24 hours and its lowest valuation of the day so far. Its highest valuation was US$3.57.
  • Sui (SUI) is trading at US$3.90, trading flat over the past 24 hours. Its lowest valuation of the day was US$3.87 and its highest was US$4.02.
  • Cardano (ADA) was trading at US$0.8596, down by 2.1 percent over 24 hours. Its lowest valuation on Wednesday was US$0.8572 and its highest was US$0.9028.

Today’s crypto news to know

Bitcoin millionaires surge by 16,000 in 2025, according to report

Nearly 16,000 new Bitcoin wallets have crossed the million-dollar threshold since Donald Trump assumed office in January 2025, according to a Finbold report.

The number of Bitcoin millionaires rose from 132,842 in November 2024 to 192,205 by July 20, marking a 45 percent increase in just eight months. Large holders with over US$10 million in BTC also saw gains exceeding 16 percent in the same period.

The surge is linked to renewed investor optimism following Trump’s reelection, along with clear signals of regulatory support and clarity for digital assets.

A significant boost came this week when the US House passed the “Genius Act,” the first federal stablecoin law in the country.

The legislation, expected to streamline compliance for institutions, is widely seen as the most comprehensive federal crypto framework to date.

The rapidly changing policy environment has encouraged capital inflows and bolstered confidence in US-based crypto markets, with the resulting daily average tallying to 88 new Bitcoin millionaires in 2025 alone.

South Korea warns fund managers to reduce exposure to crypto stocks

South Korea’s Financial Supervisory Service (FSS) has issued informal warnings to asset managers over their exposure to crypto-related stocks and ETFs.

According to the Korea Herald, firms with significant holdings in US-listed crypto companies such as Coinbase and Strategy (NASDAQ:MSTR) were reportedly told to scale back.

The directive follows the FSS’s longstanding 2017 stance prohibiting direct investment in virtual assets by financial institutions, despite recent global shifts in crypto regulation. While the agency has been reviewing possible easing of crypto rules, officials reportedly said that licensed entities must continue observing current guidelines.

The FSS has not yet issued a formal statement regarding the report.

PayPal unveils cross-border wallet platform

PayPal (NASDAQ:PYPL) has launched “PayPal World,” a cross-border payments network that integrates several of the world’s largest digital wallets, aiming to simplify international commerce for billions.

The platform’s initial partners include India’s UPI (via NPCI International), China’s Weixin Pay (via Tenpay Global), and PayPal’s own services including Venmo. A memorandum of understanding has also been signed with Mercado Pago in Latin America.

According to PayPal CEO Alex Chriss, the initiative allows users to pay with their native wallets regardless of location. Chriss called it a potential “game changer” for frictionless payments in travel and e-commerce.

“The challenge of moving money across borders is incredibly complex, and yet this platform will make it so simple for nearly two billion consumers and businesses,’ Chriss said a recent press release.

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

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

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