Cyprium Metals (CYM:AU) has announced Capital Raise Presentation
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Police across four South American jurisdictions have carried out their first coordinated cross-border operation against illegal gold mining, arresting nearly 200 suspects and seizing cash, gold, mercury and mining equipment.
The operation, known as Guyana Shield, brought together law enforcement and prosecutors from Brazil, French Guiana, Guyana and Suriname in December and involved more than 24,500 checks on vehicles and individuals across remote border regions.
Authorities said the effort resulted in 198 arrests, including the detention in Guyana of three men suspected of gold smuggling and money laundering after they were found carrying unprocessed gold and about US$590,000 in cash.
Investigators allege the three suspects are linked to a major organized crime group with possible connections to a prominent Guyanese gold exporting firm. The case is now the subject of ongoing financial and criminal investigations.
Interpol, which supported the operation, said the surge in global gold prices has fueled a rapid expansion of illegal mining activity, particularly in environmentally sensitive regions of Latin America.
Interpol Secretary General Valdecy Urquiza said the illicit gold trade has become a major funding source for criminal networks operating across borders.
“The surge in international gold prices in recent years has resulted in increased illegal gold mining making it the fastest-growing revenue stream for organized crime groups, including in Latin America,” Urquiza said. “At INTERPOL, we are committed to working with our partners to disrupt those networks and prevent more damage to this remote and environmentally fragile region.”
A central focus of the operation was the movement of mercury, a toxic substance widely used in illegal gold extraction to separate gold from other metals. Police in Guyana and Suriname seized cylinders of mercury valued at more than US$60,000 which were being transported by bus and concealed inside solar panels.
Mercury contamination poses severe risks to both ecosystems and human health, particularly in riverine and Indigenous communities.
The crackdown also featured so-called “mirror operations,” with officers from Brazil, French Guiana and Suriname conducting simultaneous checks on opposite banks of the Oyapock and Maroni rivers, which form key border crossings in the region.
These coordinated inspections targeted riverbank supply stores that sell fuel, equipment and chemicals used in gold mining and that, in some cases, are suspected of facilitating smuggling.
Operation Guyana Shield was further supported by EL PACCTO 2.0, a European Union-backed cooperation program focused on transnational organized crime, alongside INTERPOL and the Dutch Police’s High Impact Environmental Crime team.
The operation builds on earlier enforcement actions targeting illegal gold mining in the Amazon basin. In November last year, Brazilian authorities, with INTERPOL support, dismantled hundreds of illegal dredges along the Madeira River in what officials described as a major blow to mining syndicates operating in the region.
The operation, coordinated by the Amazon International Police Cooperation Centre, disabled 277 dredges valued at an estimated US$6.8 million.
Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.
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Copper’s role in the global economy is entering a new phase.
A sweeping new outlook from S&P Global frames the metal as a central bottleneck of the electrified future, projecting that global copper demand will rise by roughly 50 percent over the next 15 years, from about 28 million metric tons in 2025 to 42 million metric tons by 2040.
The challenge, the report warns, is that supply is nowhere near positioned to keep pace.
Without substantial new investment in mining and processing, S&P Global estimates the market could face a copper shortfall of as much as 10 million metric tons by 2040.
Four vectors driving demand
S&P Global groups copper demand growth into four distinct but overlapping “vectors” that together explain the scale and persistence of the coming surge.
At the core of the demand surge is electrification. The research firm expects global electricity consumption to rise by nearly 50 percent by 2040, outpacing growth in any other form of energy.
Copper is essential at every stage of that system, from power generation and transmission to end use in buildings, vehicles, and industrial equipment. What has changed in recent years, however, is the pace of electrification and the emergence of new demand vectors layered on top of traditional uses.
Artificial intelligence (AI) is the most recent and most visible of those new forces. While AI research has been underway for decades, its commercial breakout in late 2022 triggered what many analysts now describe as an “AI arms race,” centered on massive investments in data centers, chips and supporting power infrastructure.
Data centers are among the most electricity-intensive facilities in the modern economy, and copper is critical to their wiring, cooling systems, and grid connections.
S&P Global estimates that data centers could account for as much as 14 percent of total US electricity demand by 2030, up from about 5 percent today.
The knock-on effects are substantial. New data centers require expanded transmission, additional power generation capacity, and increasingly sophisticated cooling systems—all of which are copper-intensive.
Despite the attention AI is drawing, it is not the single largest driver of copper consumption. Core economic demand, often referred to as “Dr. Copper” because of the metal’s sensitivity to economic health, remains the backbone of the market.
Construction, machinery, appliances, transportation, and conventional power generation together still account for the largest share of copper use globally. S&P Global forecasts that this traditional demand will grow at about 2 percent annually through 2040, rising from roughly 18 million metric tons in 2025 to around 23 million metric tons.
Much of that growth is expected to come from developing economies. One striking example cited in the report is cooling: the developing world is projected to add as many as two billion new air conditioners by 2040, each requiring copper.
In advanced economies such as the US, reshoring of manufacturing and grid upgrades are also contributing to rising copper intensity.
The energy transition forms the second major pillar of demand growth. Electric vehicles (EVs) require nearly three times as much copper as conventional internal combustion cars, while solar and wind installations are heavily copper-dependent.
In 2025, more than 90 percent of new global power generation capacity came from solar and wind, according to S&P Global. Battery storage, now a growing feature of electricity systems, adds another layer of copper demand.
A fourth, less discussed but increasingly important vector is defense. Rising geopolitical tensions and the electrification of military systems are pushing governments to invest heavily in advanced equipment and infrastructure.
Further, defense-related demand is considered relatively inelastic given national security priorities, and adds further pressure to an already tightening copper balance.
Supply constraints tightens the outlook
Geographically, the demand picture is uneven. S&P Global expects China and the broader Asia-Pacific region to account for about 60 percent of incremental copper demand growth through 2040, driven by electric vehicles, renewable power, grid expansion and continued industrialization.
North America and Europe are also poised for meaningful increases, particularly linked to AI data centers, clean energy deployment and electrification of transport. The Middle East, meanwhile, is forecast to post one of the fastest growth rates in copper demand, reflecting ambitious infrastructure and energy investment plans.
On the supply side, the outlook is far more constrained. Existing copper mines are aging, ore grades are declining, and new discoveries are becoming harder and more expensive to develop.
S&P Global notes that the average copper mine now takes about 17 years to move from discovery to production, with permitting delays, environmental reviews and community consultations accounting for much of that timeline.
Without major new projects, primary mined copper supply is expected to peak around 2030 and then begin to decline.
Recycling will help, but it is not a silver bullet. Even under aggressive assumptions, secondary supply is projected to meet at most about a quarter to a third of total copper demand by 2040. That leaves a substantial gap that can only be filled through new mine development or significant expansions of existing operations.
Overall, the report furthers a crucial message going forward: copper is no longer just a cyclical industrial metal, but a strategic asset tied to the future of energy, technology, and national security.
That demand trajectory, however, is colliding with structural constraints on supply. Mining remains the indispensable foundation of the supply chain, but geology alone will not determine outcomes.
S&P Global concludes that addressing this imbalance will require greater regional diversification and multilateral cooperation to build a more resilient and environmentally robust copper system.
Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.
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Commodities giant BHP (ASX:BHP,NYSE:BHP,LSE:BHP) has published an operational review for the half year of 2025, highlighting celebratory results at its copper and iron ore operations, including Australia.
BHP Chief Executive Officer Mike Henry attributed the positive price environment while recognising the company’s achievements, citing that copper was up 32 percent while iron ore was 4 percent higher.
Escondida, BHP’s flagship copper operation located in the Atacama Desert in Northern Chile, was said to have achieved record concentrator throughput.
The Chilean project is regarded as the world’s largest copper concentrate and cathodes producer, displaying a production record of 644,000 kilotonnes.
“Antamina has also lifted its production guidance, and Spence and Copper South Australia are tracking to plan, with Copper South Australia achieving record refined gold output,” Henry added.
The company’s South Australian copper assets include the Olympic Dam, Carrapateena, and Prominent Hill projects, which were recently highlighted in a copper outlook and review by the South Australian Government.
“BHP is the largest producer of copper in the world, and we expect to grow our copper base from 1.7 million tonnes to around 2.5 million tonnes per annum,” said BHP COO Edgar Basto in an October 2025 statement.
For iron ore, BHP reported that it achieved record first half production and shipments at its Western Australia Iron Ore (WAIO) operation.
WAIO’s production rose 1 percent compared to its previous record of the same period, having a total of 146.6 million tonnes of iron ore in the half-year to December 31.
Volumes from BHP’s 50-50 Brazilian joint venture Samarco were also highlighted, rising as a result of strong operational performance at the second concentrator following its restart at the end of H1 FY25.
Main dam commissioning at Samarco is advanced and scheduled for completion by 2029.
In a separate announcement, BHP updated its cost estimate for Stage 1 of its Jansen potash project, which is said to be on track for production in mid-2027.
From the previously estimated range of US$7.0 billion, the cost now stands at US$7.4 billion (including contingencies). The initial estimate of the investment cost in August 2021 was US$5.7 billion.
“As announced in July 2025, these cost increases have been driven by inflationary and real cost escalation pressures, design development and scope changes and lower productivity outcomes,” BHP said.
The mining giant said that it is entering the second half of financial year 2026 “with strong operating momentum.”
Half-year financial results of BHP are scheduled to come out on February 17.
“We’re investing for the decade ahead, with a significant copper growth pipeline and a pathway to approximately 2 million tonnes of attributable copper production in the 2030s.”
Securities Disclosure: I, Gabrielle de la Cruz, hold no direct investment interest in any company mentioned in this article.
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Laramide Resources (TSX:LAM,OTCQX:LMRXF) has pulled out of a greenfield uranium exploration venture in Kazakhstan, citing policy changes that it says have effectively shut the door on economically viable foreign investment in the country’s uranium sector.
The Toronto-based company announced on Tuesday (January 20) it has terminated its option agreement with privately held Aral Resources for the Chu-Sarysu Basin project, ending its involvement in what it had previously described as one of the world’s most prospective under explored uranium regions.
The option agreement, which was signed in September 2024, gave Laramide access to 22 exploration licences covering more than 5,500 square kilometres in the Chu-Sarysu Basin. The region hosts several of Kazatomprom’s largest producing mines and is known for geology suitable for low-cost, in-situ recovery uranium deposits.
Laramide had been funding early-stage exploration work since late 2024 and was preparing a 15,000-metre, multi-rig drill program that was scheduled to begin in the second half of 2025.
That program never got off the ground. Laramide said delays in securing drilling permits from regional authorities meant no drilling took place as planned in the fourth quarter of 2025.
Although the final permits were granted on December 24, the regulatory landscape shifted almost immediately afterward. 2 days later, Kazakhstan’s president signed into law amendments to the Subsoil Use Code that materially alter the economics of uranium exploration for new entrants.
Under the revised framework, Kazatomprom is granted priority rights over prospective uranium areas, stricter minimum ownership thresholds in new production agreements, and enhanced control over extensions, reserve increases, and additional exploration at producing deposits.
Laramide said those changes, combined with higher holding costs following an earlier increase in annual property taxes, undermine the investment rationale for continuing exploration in the country. The company has ceased all funding related to the project with immediate effect.
“Motivated by an effort to address, and ideally reverse, the obvious and severe decline in the resource base of Kazatomprom, their national uranium company, it appears Kazakhstan may have scored a spectacular own goal with their recent de facto nationalisation of future uranium exploration in country,” Marc Henderson, Laramide’s president and chief executive, said in a statement.
“However, in what may be a world’s first, Kazakhstan appears to have moved pre-emptively to ensure national ownership and control of any new uranium discoveries before they are actually even made,” Henderson added.
Kazatomprom, the world’s largest uranium producer, has acknowledged the legislative changes and framed them as measures to improve subsoil use in the hydrocarbon and uranium sectors.
In a statement outlining the amendments, the company highlighted new provisions that raise the minimum ownership stake required in new uranium production agreements to more than 75 percent, up from 50 percent previously, and impose additional conditions tied to technology transfer for extensions and reserve increases.
For Laramide, the company said it will now focus entirely on advancing its two development-stage uranium assets: the Churchrock-Crownpoint project in New Mexico and the Westmoreland project in Queensland, Australia.
Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.
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Exploration drilling underway and PFS-level technical programs ongoing at the Company’s Saskatchewan gold project
Fortune Bay Corp. (TSXV: FOR,OTC:FTBYF) (FWB: 5QN) (OTCQB: FTBYF) (‘Fortune Bay’ or the ‘Company’) is entering 2026 with a strengthened balance sheet and a clear strategic focus on advancing its Goldfields Gold Project (‘Goldfields’ or the ‘Project’), a gold development asset in Saskatchewan, one of the world’s top-tier mining jurisdictions.
Following a year of significant technical and corporate progress in 2025, the Company is fully funded to execute its planned 2026 program at Goldfields, centered on; 1) project development work, that includes advancing toward a Prefeasibility Study (‘PFS’) in tandem with permitting activities, and 2) exploration drilling targeting additional near-mine ounces that could further strengthen Goldfields’ excellent economics. Exploration drilling has resumed after the holiday break and initial drill results are expected in the first quarter of 2026.
‘Goldfields is very well-positioned for advancement, with excellent PEA economics, a high-confidence mineral resource base, established infrastructure, and the benefit of Saskatchewan’s stable, top-tier jurisdiction.‘ said Dale Verran, CEO of Fortune Bay. ‘The work completed in 2025 strengthened the project’s technical foundation and firmly set the stage for expedited advancement. With funding secured, our priority in 2026 is disciplined execution, advancing development while growing the resource and positioning Goldfields to unlock meaningful value as the gold market continues to strengthen.’
2025: A Year of Demonstrating Project Value and Setting the Stage for Advancement
Throughout 2025, Fortune Bay advanced Goldfields through a series of key milestones aimed at strengthening technical confidence, improving execution readiness, and positioning the project for the next stage of value creation.
Updated Preliminary Economic Assessment: Defining an Expedited Development Path
In September 2025, Fortune Bay completed an independent Updated Preliminary Economic Assessment (‘Updated PEA’) for Goldfields, confirming the project as a robust open-pit development asset supported by a well-defined resource base, existing infrastructure, and Saskatchewan’s stable regulatory environment.
At a base-case gold price of US$2,600/oz, the Updated PEA outlined after-tax economics of C$610 million NPV (5%) and a 44% IRR, with initial capital estimated at C$301 million. At spot gold prices at the time of the study (US$3,650/oz), the after-tax NPV (5%) increased to C$1.25 billion, highlighting the project’s strong sensitivity to gold prices. On average, every US$100 change in the gold price assumption results in an approximate C$61 million change in after-tax NPV.
The Updated PEA positions Goldfields for accelerated advancement toward construction by maintaining throughput below 5,000 tpd, enabling the Project to remain within the provincial permitting framework. This expedited pathway is supported by established infrastructure, a de-risked resource base (with 97% of ounces in the mine plan classified as Indicated), and a valid provincially approved Environmental Impact Statement (‘EIS’) from 2008 for a 5,000 tpd open-pit operation.
To read the full release visit https://fortunebaycorp.com/news/post/fortune-bay-announces-updated-pea-for-goldfields-saskatchewan.
Permitting Work: Advancing Execution Readiness
Alongside the Updated PEA, Fortune Bay advanced environmental baseline studies during 2025, building upon extensive historical datasets and the existing EIS. Both aquatic and terrestrial baseline environmental studies were completed in late 2025, with final reporting and ongoing monitoring continuing into early 2026 and beyond.
In addition, a well-attended community tour of Indigenous communities and municipalities was completed in November 2025 to support early engagement on the development of Goldfields. Productive meetings were also held with Chiefs and Council members from local Indigenous nations to introduce the project and seek initial feedback from leadership.
Post-PEA Technical Programs: Advancing Toward PFS-Level Studies
Following completion of the Updated PEA, the Company initiated a series of post-PEA technical programs aimed at further de-risking the project and advancing studies toward the PFS level. This work included high-resolution topographic (LiDAR) survey, waste rock characterization, metallurgical testwork, and planning for additional PFS-level work programs.
Exploration: Positioning for Resource Expansion
In parallel with project development work, Fortune Bay refined exploration targets across the Goldfields property, integrating historical drilling, updated geological modeling, and insights gained through the PEA process. This work directly informed the design of the current exploration drilling program targeting additional near-mine ounces that could further strengthen Goldfields’ exceptional economics and improve the overall development profile.
2026: Funded, Focused, and Advancing
With funding secured, Fortune Bay’s 2026 work program is designed to translate the technical and permitting progress achieved in 2025 into tangible value advancement at Goldfields. The Company enters the year with a clear operational focus and the financial capacity to execute its plans without near-term capital constraints.
Exploration
A central component of the 2026 program is resource expansion drilling, targeting priority areas identified through recent geological modeling and insights gained from the Updated PEA. The drilling is intended to test the potential to further strengthen project scale, extend mine life, and enhance the overall development profile. Initial drill results are expected in the first quarter of 2026.
Project Development
The Company plans to advance three key project development strategies in parallel; 1) PFS-level work streams, 2) Saskatchewan-led environmental approvals, and 3) community consultation and engagement.
PFS-level work streams will include expanded geotechnical, metallurgical and waste rock geochemistry investigations. Metallurgical and waste rock studies in 2025 were scoped to inform and support design of optimized PFS-level investigations in 2026. An integrated work program is being developed to reduce the amount of drilling required to the extent possible.
- Geotechnical drilling and investigations, in tandem with hydrogeological survey, will expand on historical studies to further characterize host-rock physical properties and support optimization of the open pit design. Surface investigations and soil profile testing will also be carried out to support higher-confidence infrastructure design, including that of the tailings storage facility, process plant and other site infrastructure.
- Metallurgical studies will include expanded testing to better constrain parameters around process plant design and reagent consumption, including broad-scale variability testing.
- Waste rock characterisation study will be carried out, including acid base accounting and geochemistry, to support waste rock facility design and complement site water balance and environmental (permitting) advancement.
Results from recent baseline environmental studies and the waste rock characterization program will be integrated with feedback from early engagement activities and the project scope outlined in the Updated PEA to inform development of the Technical Proposal. The Technical Proposal is the first step in the provincial environmental assessment process and will be used as a basis for initiation of regulatory engagement with the Saskatchewan Ministry of Environment in Q1 of 2026. This work will build upon the Provincially-approved 2008 Environmental Impact Statement for a 5,000 tpd open-pit operation. Community engagement will continue in 2026 to strengthen relationships and continue meaningful dialogue on the project with the public and local Indigenous Nations, including rights holders.
The technical progress achieved at Goldfields in 2025, and the fully funded program planned for 2026, reinforce the Company’s strategy of disciplined, cycle-aware advancement of a high-quality gold asset in a top-tier jurisdiction.
Technical Report & Qualified Person
Details for the Updated PEA for Goldfields are provided in the technical report titled ‘Goldfields Project Updated NI 43-101 Technical Report & Preliminary Economic Assessment, Saskatchewan, Canada‘, dated October 20, 2025, prepared by Kevin Murray, P.Eng.; Scott C. Elfen, P.E.; James Millard, P.Geo.; Jonathan Cooper, P.Eng.; Marc Schulte, P.Eng.; Cliff Revering, P.Eng.; and Ron Uken, Pr.Sci.Nat. for Fortune Bay Corp. The technical report is available under the Company’s issuer profile on SEDAR+ (www.sedarplus.ca) and on the Company’s website at www.fortunebaycorp.com.
The technical and scientific information in this news release has been reviewed and approved by Gareth Garlick P.Geo., Vice-President Technical Services of the Company, who is a Qualified Person as defined by NI 43-101. Mr. Garlick is an employee of Fortune Bay and is not independent of the Company under NI 43‑101.
About Fortune Bay
Fortune Bay Corp. (TSXV:FOR,OTC:FTBYF; FWB:5QN; OTCQB:FTBYF) is a Canadian mineral exploration and development company with assets in Canada and Mexico. The Company’s primary focus is advancing the Goldfields Gold Project in Saskatchewan, Canada. Fortune Bay also holds the Poma Rosa Gold-Copper Project in Chiapas, Mexico, as well as an optioned uranium project portfolio in the Athabasca Basin of Saskatchewan. Fortune Bay continues to evaluate and advance its portfolio in a disciplined manner while maintaining a strong technical foundation and prudent capital management. For more information, please visit www.fortunebaycorp.com or contact info@fortunebaycorp.com.
On behalf of Fortune Bay Corp.
‘Dale Verran’
Chief Executive Officer
902-334-1919
Cautionary Statement
Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management’s current estimates, beliefs, intentions, and expectations. They are not guarantees of future performance. Words such as ‘expects’, ‘aims’, ‘anticipates’, ‘targets’, ‘goals’, ‘projects’, ‘intends’, ‘plans’, ‘believes’, ‘seeks’, ‘estimates’, ‘continues’, ‘may’, variations of such words, and similar expressions and references to future periods, are intended to identify such forward-looking statements, and include, but are not limited to, statements with respect to: the results of the Updated PEA, including future Project opportunities, future operating and capital costs, closure costs, AISC, the projected NPV, IRR, timelines, permit timelines, and the ability to obtain the requisite permits, economics and associated returns of the Project, the technical viability of the Project, the market and future price of and demand for gold, the environmental impact of the Project, and the ongoing ability to work cooperatively with stakeholders, including Indigenous Nations, local Municipalities and local levels of government. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet management’s expectations. Risks, uncertainties and other factors involved with forward- looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking information in this news release includes, but is not limited to, the Company’s objectives, goals or future plans, statements, exploration results, potential mineralization, the estimation of mineral resources, exploration and mine development plans, timing of the commencement of operations and estimates of market conditions. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to failure to identify mineral resources, failure to convert estimated mineral resources to reserves, the inability to complete a feasibility study which recommends a production decision, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, political risks, inability to fulfill the duty to accommodate Indigenous Nations and local Municipalities, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects, capital and operating costs varying significantly from estimates and the other risks involved in the mineral exploration and development industry, and those risks set out in the Company’s public documents filed on SEDAR. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law. For more information on Fortune Bay, readers should refer to Fortune Bay’s website at www.fortunebaycorp.com.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE Fortune Bay Corp.
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(TheNewswire)
Toronto, Ontario TheNewswire – January 20, 2026 Laurion Mineral Exploration Inc. (TSX-V: LME | OTCQB: LMEFF | FSE: 5YD) (‘LAURION’ or the ‘Company’) is pleased to provide an update on its strategic positioning entering 2026, following a recent strategy session of the Company’s Board of Directors. LAURION’s primary focus for the year ahead is the advancement and further development of its flagship Ishkōday Project, with the objective of enhancing the positioning of the asset to support the Company’s pursuit of strategic alternatives aimed at maximizing long‑term shareholder value.
‘Our focus has always been on advancing Ishkōday through disciplined, milestone-driven execution,’ said Cynthia Le Sueur-Aquin, President and CEO of LAURION. ‘This technical direction reflects my conviction that LAURION’s strategy is sound, disciplined, and built to endure. We are no longer relying on the market to infer value — we are building it by translating technical progress and mineral property advancement into measurable project value. As the Company’s largest shareholder, with my immediate family and I holding over 30 million shares, alignment with this approach matters deeply to me.’
‘This clarity regarding LAURION’s strategic plan is intended to ensure that investors understand how the Company’s disciplined execution today improves outcomes tomorrow, while avoiding mixed signals between whether the Company is prioritizing a pursuit of strategic alternatives as compared to the technical advancement and development of Ishkōday. They are considered concurrent and complementary priorities.’
EVALUATION OF STRATEGIC ALTERNATIVES
As previously announced, LAURION has undertaken a structured strategic review process, including the establishment of a special committee (the ‘Special Committee‘) and the engagement of a network of financial and strategic advisors, to explore a range of potential strategic alternatives for the Company, which includes, among other things, assessing interest from potential acquirers and institutional investors aligned with LAURION’s long-term vision. (LAURION press releases dated November 14, 2023, April 14, 2025, September 5, 2025, October 23, 2025 and November 19, 2025.)
As part of recent strategic discussions, the Company received feedback from external advisors regarding the Company’s market positioning, timing, and next steps. These advisors noted that, while interest in high-quality Canadian gold assets exists, it remains selective. The most effective way to strengthen future strategic outcomes is through the continued technical advancement and development of the Ishkōday Project. Specifically, these advisors recommended that LAURION advance the Project toward the completion of a technical report expressing a mineral resource estimate (MRE), followed by a subsequent technical report disclosing a preliminary economic assessment (PEA), each prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (‘NI 43-101‘). Therefore, working towards these two technical milestones will be the Company’s principal focus in 2026.
While LAURION’s M&A infrastructure – comprised of its Special Committee and established network of financial and strategic advisors – remains in place and the Company continues to explore and be receptive to strategic opportunities, day-to-day management will concentrate on advancing the development of the Ishkōday Project through its next stages of technical reporting. Consistent with the guidance provided by the Company’s advisors, the advancement of the Ishkōday Project is expected to further enhance the project’s profile, quantify the merits of the project, and better position LAURION to explore strategic alternatives designed to maximize shareholder value.
FROM BROAD EXPLORATION TO STRUCTURED VALUE DEFINITION
LAURION has built an extensive geological and exploration dataset across a large, mineralized corridor at Ishkōday through a series of deliberate, strategically designed work programs. The Company has developed a structure-led, confidence-building technical program designed to support mineral resource development.
The Company’s technical focus in 2026 will be on integrating this information to identify and progressively refine coherent mineralized envelopes within priority structural corridors, using structurally informed drilling, shoot-fan patterns, and 3D domaining to convert drilling confidence into robust geological models. Near-term drilling will be designed and executed within structurally validated zones and along established plunge directions, with each hole planned to test defined geological hypotheses and contribute directly to model refinement, continuity assessment, and confidence building. This disciplined approach emphasizes data quality and geological consistency, with the objective of ensuring that technical advancement is systematic, defensible, and aligned with NI 43-101. In the Company’s view, by prioritizing technical integrity, LAURION can support near-term target generation and foster future resource growth and value recognition, as this is how the Company intends to increase the underlying value of the project in a manner consistent with how value is traditionally assessed and realized in the mining industry.
LAURION to Attend VRIC 2026
LAURION will be attending the Vancouver Resource Investment Conference (VRIC) 2026, to be held in Vancouver, British Columbia, on January 25-26, 2026. Management will be available during the conference to engage with investors and industry participants and to discuss the Company’s ongoing work at the Ishkōday Gold-Polymetallic Project, its disciplined technical approach, and its 2026 execution priorities. Participation in VRIC supports LAURION’s commitment to transparent investor engagement and clear communication aligned with its milestone-driven strategy.
Qualified Person
The technical contents of this release were reviewed and approved by Pierre-Jean Lafleur, P.Eng, a consultant to LAURION and a Qualified Person as defined by NI 43-101.
About LAURION Mineral Exploration Inc.
Laurion Mineral Exploration Inc. is a mid-stage junior mineral exploration company listed on the TSX Venture Exchange under the symbol LME and on the OTC Pink market under the symbol LMEFF. The Company currently has 278,716,413 common shares outstanding, with approximately 73.6% held by insiders and long-term ‘Friends and Family’ investors, reflecting strong alignment between management, the Board, and shareholders.
LAURION’s primary focus is the 100%-owned, district-scale Ishkōday Project, a 57 km² land package hosting gold-rich polymetallic mineralization. The Company is advancing Ishkōday through a disciplined, milestone-driven exploration strategy focused on strengthening geological confidence, defining structural continuity.
LAURION’s strategy is centered on deliberate value creation. The Company is prioritizing systematic technical advancement, integrated geological and structural modeling, and the evaluation of optional, non-dilutive pathways, including historical surface stockpile processing, that may support flexibility without diverting focus from core exploration objectives.
The Company’s overarching objective is to build project value before monetization, ensuring that any future strategic outcomes are supported by technical clarity, reduced execution risk, and demonstrated scale. While the Board remains attentive to strategic interest that may arise, LAURION is not driven by transaction timing. Instead, the Company is focused on advancing the Ishkōday Project in a manner that strengthens long-term shareholder value.
LAURION will continue to communicate progress through timely disclosure and will issue press releases in accordance with applicable securities laws should any material change occur.
FOR FURTHER INFORMATION, CONTACT:
Laurion Mineral Exploration Inc.
Cynthia Le Sueur-Aquin – President and CEO
Tel: 1-705-788-9186 Fax: 1-705-805-9256
Douglas Vass – Investor Relations Consultant
Email: info@laurion.ca
Website: http://www.LAURION.ca
Follow us on: X (@LAURION_LME), Instagram (laurionmineral) and LinkedIn ()
Caution Regarding Forward-Looking Information
This press release contains forward-looking statements, which reflect the Company’s current expectations regarding future events including with respect to LAURION’s business, operations and condition, management’s objectives, strategies, beliefs and intentions, the Company’s ability to advance the Ishkōday Project, the nature, focus, timing and potential results of the Company’s exploration, drilling and prospecting activities in 2026 and beyond, including the Company’s planned activities for the Ishkōday Project for the remainder of 2026, the timing of, and the Company’s ability to complete, any technical reports or milestones regarding the Ishkōday Project, and the statements regarding the Company’s exploration or consideration of any possible strategic alternatives and transactional opportunities, as well as the potential outcome(s) of this process, the possible impact of any potential transactions referenced or inferred herein on the Company or any of its stakeholders, and the ability of the Company to identify and complete any potential acquisitions, mergers, financings or other transactions referenced or inferred herein, and the timing of any such transactions. The forward-looking statements involve risks and uncertainties. Actual events and future results, performance or achievements expressed or implied by such forward-looking statements could differ materially from those projected herein including as a result of a change in the trading price of the common shares of LAURION, the TSX Venture Exchange or any other applicable regulator not providing its approval for any strategic alternatives or transactional opportunities, the interpretation and actual results of current exploration activities, changes in project parameters as plans continue to be refined, future prices of gold and/or other metals, possible variations in grade or recovery rates, failure of equipment or processes to operate as anticipated, the failure of contracted parties to perform, labor disputes and other risks of the mining industry, delays in obtaining governmental approvals or financing or in the completion of exploration, as well as those factors disclosed in the Company’s publicly filed documents. Investors should consult the Company’s ongoing quarterly and annual filings, as well as any other additional documentation comprising the Company’s public disclosure record, for additional information on risks and uncertainties relating to these forward-looking statements. The reader is cautioned not to rely on these forward-looking statements. Subject to applicable law, the Company disclaims any obligation to update these forward-looking statements. All sample values are from grab samples and channel samples, which by their nature, are not necessarily representative of overall grades of mineralized areas. Readers are cautioned to not place undue reliance on the assay values reported in this press release.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICE PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.
Copyright (c) 2026 TheNewswire – All rights reserved.
News Provided by TheNewsWire via QuoteMedia
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Here’s a quick recap of the crypto landscape for Monday (January 19) as of 9:00 a.m. UTC.
Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrency market news.
Bitcoin and Ether price update
Bitcoin (BTC) was priced at US$93,135.95, down by 2.2 percent over 24 hours.
Bitcoin price performance, January 19, 2025.
Chart via TradingView
Ether (ETH) was priced at US$3,209.04, down by 3 percent over the last 24 hours.
Altcoin price update
- XRP (XRP) was priced at US$1.98, down by 3.8 percent over 24 hours.
- Solana (SOL) was trading at US$133.82, down by 6.1 percent over 24 hours.
Today’s crypto news to know
Tariff shock rattles crypto as Trump targets Europe
Crypto markets sold off sharply after President Donald Trump said the US would impose escalating tariffs on eight European countries in a dispute tied to Greenland, triggering a rapid risk-off move.
According to derivatives data, roughly US$875 million in leveraged crypto positions were liquidated within 24 hours, which was further amplified by thin holiday liquidity.
Bitcoin slid about 3 percent to near US$92,000, with most forced unwinds coming from bullish bets caught wrong-footed by the geopolitical jolt.
European leaders signaled retaliation, adding to broader market uncertainty across equities, FX, and digital assets.
The proposed tariffs would start at 10 percent in February and rise to 25 percent by June.
Saylor hints at more bitcoin buys after billion-dollar week
Strategy (NASDAQ:MSTR) chair Michael Saylor is again fueling speculation of another bitcoin purchase just days after the company disclosed a $1.25 billion addition to its holdings.
In a weekend post, Saylor shared a familiar chart tracking Strategy’s past buys, a signal he has repeatedly used ahead of formal announcements.
The company has already added nearly 15,000 BTC since the start of the year, bringing total holdings above 687,000 bitcoin. Those coins were accumulated at an average price in the mid-US$75,000 range.
Still, Strategy’s equity has lagged as investors weigh the risks of heavy leverage and ongoing capital raises. The firm continues to rely on instruments like convertible notes to fund purchases without immediate cash strain.
Dormant bitcoin whale cashes out after 12 years
One of Bitcoin’s long-silent early holders has resurfaced, selling a large portion of coins accumulated in 2012 and locking in a staggering gain.
Blockchain data shows the wallet sold roughly 2,500 BTC at prices above US$100,000, turning an original outlay of just over US$300 per coin into hundreds of millions of dollars.
The realized return exceeds 31,000 percent, making it one of the most profitable long-term exits in Bitcoin’s history.
Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.
Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.
This post appeared first on investingnews.com
(TheNewswire)
Vancouver, British Columbia TheNewswire – January 19, 2026 Juggernaut Exploration Ltd. (JUGR.V) (OTCPK: JUGRF) (FSE: 4JE) (the ‘Company’ or ‘Juggernaut’) is pleased to announce the inaugural fully funded 10,000 m drill program within the newly discovered district scale gold, silver, copper rich system on the 100% controlled Big One property (the ‘Property’), Golden Triangle, British Columbia. The Company’s maiden drill program will target several extensive high-grade gold, silver, copper-rich shear-hosted veins confirmed on surface within the district-scale Eldorado System and Gold Swarm discoveries. Widespread strong porphyry-style propylitic alteration and gold-rich polymetallic mineralization on the Big One property are indicated to be related to a Jurassic- to Cretaceous-age intrusive source coeval with the alkalic volcano-magmatic event that is associated with the copper-gold-silver porphyry mineralization as seen in close proximity at the adjacent Galore Creek deposit.
Link to Big One 2026 Video
Dan Stuart, CEO of Juggernaut Exploration, states: ‘With a district-scale discovery of this magnitude, host to >500 gold-rich veins and shears exposed on surface for >1 km that rise above the valley floor for >1 km, we are likely only seeing the tip of the iceberg. The Eldorado Gold system and the Gold Swarm Discovery show the right ingredients to quickly become the next major discovery in the Golden Triangle. Juggernaut Exploration is preparing to embark on its inaugural fully funded ~10,000-meter drill program at the Big One property, and we look forward to testing this high-grade district-scale system to depth and unlocking the full potential of this amazing discovery.’
Manuele (Lele) Lazzarotto, President and COO of Juggernaut Exploration states: ‘Preparations are underway for the 2026 fully funded inaugural drill program on one of the most highly anticipated new discoveries in the Golden Triangle. Recently received data from the detailed and regional mapping, LiDAR survey and UAV survey, in combination with excellent geochemical results and structural information has allowed us to vector in on and better understand the extent and geometry of the mineralization seen on surface where multiple high-grade gold, silver, copper veins are exposed for >1 km. The data indicates that the system driving the high-grade polymetallic mineralization at Big One is a magmatic source coeval with the nearby world class Galore Creek deposit. From an exploration perspective, this opens the door for the presence of a large causative mineralizing source at depth, characterized by major gold, silver, and copper-rich fluid pathways, providing significant additional discovery potential. Intersecting the causative source could greatly increase the value of the project in 2026 and beyond.’
Big One Gold-Rich District-Scale System Highlights:
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The district-scale Eldorado System covers an area of 22 km that remains wide open where grab samples assayed up to 263.70 g/t AuEq or 8.48 oz/t AuEq (256.60 g/t Au, 546.00 g/t Ag, 0.43 % Cu, 0.41 % Pb and 0.01 % Zn) from 400 mineralized veins that remain open and are up to 10 m wide, hosted in shear zones up to 50 m wide, and are exposed on surface for 500 m with 1 km of vertical relief.
Link to Gold Dome Figure
Link to Whopper Zone Figure
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The Gold Swarm Discovery is a 3 km area of strong gold potential with 100 gold-rich polymetallic veins exposed on surface for 200 m and up to 4.5 m wide with up to 700 m of vertical relief, where grab samples assayed up to 231.81 g/t AuEq or 7.45 oz/t AuEq(226.94 g/t Au, 335.00 g/t Ag, 0.00 % Cu, 4.99 % Pb and 0.01 % Zn) that remains open.
Link to Goldswarm Figure
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41% (219 samples out of 527) collected within the Eldorado System in 2024 and 2025 assayed 1 g/t AuEq; 65% (28 samples out of 43) collected within the Gold Swarm Zone in 2024 and 2025 assayed 1 g/t AuEq.
Link to map with samples > 1 g/t AuEq
Gold samples up to 256.60 g/t or 8.25 oz/t, silver samples up to 2810 g/t or 90.34 oz/t, and copper samples up to 14.40 % were collected on Big One.
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The polymetallic veins, alteration signature, geochemical pathfinder element signature, and geophysical anomalies strongly indicate the presence of a large common buried gold, silver, copper-rich porphyry feeder source or similar magmatic source or sources at depth responsible for the extensive district-scale high-grade gold, silver, copper veining confirmed on surface.
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Detailed mapping has confirmed that mineralization at Eldorado and Gold Swarm is linked to a Jurassic to Cretaceous transpressional system and intrusive sources, coeval with the magmatic events that formed the nearby multi-million-ounce Galore Creek copper, gold, silver porphyry deposit.
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The district scale system shows widespread porphyry-style propylitic alteration, with the final phase of alteration occurring simultaneously with mineralization, which will help vector towards the potential source of the mineralization seen in the gold-rich shear zones and veins on surface that remain open.
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Mineralized veins and shear zones were emplaced through brittle-ductile deformation during and after the Jurassic period, forming a major structural corridor at Big One defined by northeast, east, and northwest trends, confirming common orientations as well as similar geochemical signatures and textures of the gold-mineralized veins along the 15 km Highway of Gold corridor surrounding the snowcap of Deeker Glacier strongly indicating that the gold-rich mineralization found throughout is all part of one district-scale gold system that remains open.
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The recently received 5-year drill permit, valid until March 31, 2031, will allow the Company to define the extent of the mineralization at depth as well as fully understand the geometry of the system and related drivers of the mineralization in preparation for a future resource.
The Eldorado System consists of a 22 Km2 area that remains open where grab samples assayed up to 263.70 g/t AuEq or 8.48 oz/t AuEq (256.60 g/t Au, 546.00 g/t Ag, 0.43 % Cu, 0.41 % Pb and 0.01 % Zn) from >400 mineralized veins that are up to 10 m wide hosted in shear zones up to 50 m wide, and are exposed on surface for >1 km with >1 km of vertical relief. The Eldorado System hosts the Gold Dome Zone where grab samples assayed up to 263.70 g/t AuEq or 8.48 oz/t AuEq (256.60 g/t Au, 546.00 g/t Ag, 0.43 % Cu, 0.41 % Pb and 0.01 % Zn), the Big Mac Zone where grab samples assayed up to 113.92 g/t AuEq or 3.66 oz/t AuEq (111.35 g/t Au, 159.00 g/t Ag, 0.02 % Cu, 3.88 % Pb and 0.01 % Zn), and the Whopper Zone where grab samples assayed up to 43.94 g/t AuEq or 1.41 oz/t AuEq (39.84 g/t Au, 333.00 g/t Ag, 0.02 % Cu, 0.07 % Pb and 0.06 % Zn). See news release from September 8, 2025, and November 10, 2025.
The Gold Swarm discovery is a 3 km2 area of strong gold potential with >100 gold-rich polymetallic veins exposed on surface for >200 m and up to 4.5 m wide with up to 700 m of vertical relief, where grab samples assayed up to 231.81 g/t AuEq or 7.45 oz/t AuEq (226.94 g/t Au, 335.00 g/t Ag, 0.00 % Cu, 4.99 % Pb and 0.01 % Zn) that remains open. See news release from September 8, 2025, and November 10, 2025.
Mineralization at Eldorado and Gold Swarm most likely represents part of a broader Jurassic- to Cretaceous-age transpressional mineralizing system directly related to an intrusive source. These Intrusives are indicated to be time equivalent to the alkalic volcano-magmatic event associated with Cu-Au porphyry mineralization that hosts the adjacent Galore Creek Deposit. Detailed geological mapping of the Eldorado system has revealed that the gold-rich polymetallic quartz veins are mostly hosted within and therefore post-date Early Jurassic quartz diorite and hornblende diorite units and associated compressional deformation events, but pre-date Eocene epithermal events. Widespread strong porphyry-style propylitic alteration has been mapped in outcrop on the eastern and northern slopes of the Eldorado system. Multiple phases of propylitic alteration have been observed, with two phases occurring prior to mineralization and the last phase occurring during mineralization. Syn- to post-Jurassic brittle-ductile deformation is responsible for the emplacement and activation of mineralized veins and shear zones, which consist of steep and low-angle structures and are concentrated in northeast, east, and northwest trends, indicating the presence of a major structural corridor at Big One.
The Big One property is situated in a region that is well known for hosting globally recognized precious metal and porphyry deposits, several of which occur near the property including the multiple porphyry systems at Galore Creek, the world’s largest known gold reserve at KSM and the polymetallic copper project at Shaft Creek, as well as the Brucejack high-grade epithermal gold deposit, 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 pathfinder elements directly related to porphyry systems, key structures and textures, porphyry-style mineralization, and high-grade polymetallic veins, that have been discovered on the Big One property.
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 $25 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.
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 located in globally recognized geological settings and in geopolitically stable jurisdictions, making them amenable to mining in Canada. Juggernaut is a member and active supporter of CASERM, a collaborative venture between the Colorado School of Mines and Virginia Tech. Juggernaut’s key strategic cornerstone shareholder is Crescat Capital.
For more information, please contact:
Juggernaut Exploration Ltd.
Dan Stuart
Chief Executive Officer, Director
Tel: (604)-559-8028
www.juggernautexploration.com
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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.
Disclaimer
The reader is cautioned that grab samples are spot samples, which are typically, but not exclusively, constrained to mineralization. Grab samples are selective in nature and collected to determine the presence or absence of mineralization and are not intended to be representative of the material sampled.
QA/QC Protocol
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 are then inserted in a clean plastic bag with a sample tag for transport and shipping to the geochemistry lab. QA/QC samples including blanks, certified reference materials, and duplicate samples are inserted regularly into the sample sequence at a rate of 10%.
All samples are transported in rice bags sealed with numbered security tags. The rice bags are transported from the core shacks to the MSALABS facilities in Terrace, BC. MSALABS is certified with both AC89-IAS and ISO/IEC Standard 17025:2017. The core samples undergo preparation via drying, crushing to ~70% of the material passing a 2 mm sieve and riffle splitting. The sample splits are weighed and transferred into three plastic jars, each containing between 300 g and 500 g of crushed sample material. A 250 g split is pulverized to ensure at least 85% of the material passes through a 75 µm sieve. The crushed samples are transported to the MSALABS PhotonAssayTM facility in Prince George, where gold concentrations are quantified via photon assay analysis (method CPA-Au1). Samples that result in gold concentrations ≥5 ppm are analyzed to extinction. Photon assay uses high-energy X-rays (photons) to excite atomic nuclei within the jarred samples, inducing the emission of secondary gamma rays, which are measured to quantify gold concentrations. The assays from all jars are combined on a weight-averaged basis. Multielement analyses are carried at the MSALABS facilities in Surrey, BC, where 250 g of pulverized splits are analyzed via ICF6xx and IMS-230 methods. The IMS-230 method uses 4-acid digestion (a combination of hydrochloric, nitric, perchloric and hydrofluoric acids) followed by inductively coupled plasma emission spectrometry to quantify concentrations of 48 elements. Samples with over-limit results for Ag, Cu, Pb, and Zn undergo ore-grade analysis via the ICF-6xx method (where ‘xx’ denotes the target metal). This method employs 4-acid digestion followed by inductively coupled plasma emission spectrometry.
Gold Equivalent (AuEq) metal values are calculated using: Au 4004.43 USD/oz, Ag 48.80 USD/oz, Cu 5.09 USD/lbs, Pb 2026.43 USD/ton, and Zn 3054.88 USD/ton on October 31, 2025. There is potential for economic recovery of gold, silver, copper, lead, and zinc from these occurrences based on other mining and exploration projects in the same Golden Triangle Mining Camp with a similar style of high-grade gold mineralization where Juggernaut’s project is located, such as the Brucejack Mine and the Homestake Ridge Gold Project. Here, AuEq values were calculated using multi-year running averages for metal price, and included provisions for metallurgical recoveries, treatment charges, refining costs, and transportation. Recoveries for Au, Ag, Cu, Pb, and Zn on Big One are unknown but are assumed to be similar, with 85% gold recovery, 75% silver recovery, 75% copper recovery, 75% zinc recovery, and 50% Pb recovery. The quoted reference of metallurgical recoveries is not from Juggernaut’s Big One project, and there is no guarantee that such recoveries will ever be achieved, unless detailed metallurgical work, such as in a Feasibility Study, is completed on the Big One project.
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 disclosures 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) 2026 TheNewswire – All rights reserved.
News Provided by TheNewsWire via QuoteMedia
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Gold and silver are wrapping up yet another record-setting week that’s seen economic uncertainty and geopolitical tensions combine to push prices upward.
The yellow metal moved decisively through US$4,600 per ounce on Monday (January 12), trading above that level for a decent amount of the week.
For its part, silver reached what’s perhaps an even more impressive price milestone, surging past US$90 per ounce and breaking US$93 on Wednesday (January 14).
At this point, there’s a very long list of factors providing support for the precious metals, and we don’t have time to touch on all of them today. Instead let’s take a look at a few that have been making headlines over the past week or so and break them down.
First, there’s the latest news in the clash between US President Donald Trump and Federal Reserve Chair Jerome Powell. On Sunday (January 11), Powell said that two days earlier, the Department of Justice had served the Fed with grand jury subpoenas threatening a criminal indictment.
I had the chance to speak with Mario Innecco, who runs the @maneco64 channel on YouTube, not long after Powell’s statement — here’s how he summed it up:
‘They’ve subpoenaed documents, and it’s supposed to be related to the renovation of the Fed’s headquarters in Washington, DC. But Jay Powell came out and said it’s not, it’s basically because they want him to cut rates.
‘And he’s probably right. I think they’re using any kind of, let’s say tricks, to try to get rid of him, because I think the administration, even though they talk about how the economy is doing so great, they are desperate.’
Trump himself has said he had no knowledge of the investigation, and has also asserted that he’s not interested in firing Powell, whose term as Fed chair wraps up in May.
Nevertheless, the situation has reignited concerns about Fed independence, and has provided support for gold and silver, which tend to fare better when rates are lower. The next Fed chair, who has not yet been appointed, is widely expected to fall in line with Trump.
In addition to that, geopolitical tensions have remained high. Venezuela is still in the spotlight after its former president was removed by the US last week, and this week Trump warned that the US would intervene in Iran if its executions of anti-government protesters did not stop.
Iran responded by saying it would strike US bases if that happened.
Those events and others are boosting safe-haven demand for gold, as well as silver, but I want to hone in on a couple more points on the silver side that I think are worth looking at.
One of those is the news that the US plans to hold off on new critical minerals tariffs after receiving the results of a Section 232 investigation launched last year.
While a presidential proclamation states that imports of processed critical minerals and their derivative products do constitute a national security risk for the US, the country will first take steps such as negotiating supply agreements with other nations.
Silver was recently designated a critical mineral in the US, and some market watchers believe this news out of the US was responsible for a midweek price dip for the white metal. However, others continue to highlight silver’s deeper underlying drivers.
I heard recently from Andy Schectman of Miles Franklin, who emphasized that a key element supporting silver right now is the fact that more and more entities are standing for physical delivery.
Here’s how he explained what he’s seeing:
‘For years I’ve been saying … that the most well-informed, well-funded traders — and I’ll highlight well informed, that being the central banks — have been standing for delivery since 2020. Very unusual, because really no one ever stood for delivery. And this started to accelerate. But all along, the US was not part of this game. We were seeing it in the Global South with the BRICs. And now all of a sudden we are seeing the most well-informed traders in North America stand for delivery in massive amounts.’
Gold ended the week just below US$4,600, while silver was slightly above US$90.
Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.
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