Investing

Altech Batteries (ATC:AU) has announced Altech – Design Completed for UPS Battery System

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BHP (ASX:BHP,NYSE:BHP,LSE:BHP) confirmed in a Monday (November 24) statement that its merger discussions with Anglo American (LSE:AAL,OTCQX:NGLOY) have officially ended.

The discussions trace back to April 2024, when BHP made its first offer to Anglo to combine their copper assets.

Copper has become a prime focus for various major mining companies as they seek scale and efficiency in the face of tightening supply and the costly hunt for new deposits.

BHP’s 2024 pursuit yielded a total of three offers, the last of which Anglo rejected in May of that year.

At the time, Anglo said that the deal did not meet its expectations.

That rejection didn’t entirely dissuade BHP, which according to Bloomberg made a new advance on Anglo last week.

The news outlet describes the move as a ‘last-minute proposal’ that would have prevented Anglo’s planned merger with Canada’s Teck Resources (TSX:TECK.A,TECK.B,NYSE:TECK). The combined Anglo-Teck entity is projected to become the second largest listed copper-focused producer after BHP.

In its statement, BHP said it is now abandoning its Anglo bid for good:

“Whilst BHP continues to believe that a combination with Anglo American would have had strong strategic merits and created significant value for all stakeholders, BHP is confident in the highly compelling potential of its own organic growth strategy.’

According to media reports, BHP saw a deal with Anglo as a means to keep its dominance in copper.

“While it remains the world’s top producer, its lead is narrowing in the years ahead without significant new projects,” Reuters notes. The news outlet quotes Berenberg analysts, who believe the Anglo-Teck merger now looks more solid.

“A BHP bid for Anglo would have frustrated that deal, but with BHP now stepping away, it appears that the interloper risk for Anglo has materially reduced and the Anglo/Teck Resources deal is likely to go ahead, assuming approvals are received,’ the firm wrote. The deal is still awaiting approval under the Investment Canada Act.

Securities Disclosure: I, Gabrielle de la Cruz, hold no direct investment interest in any company mentioned in this article.

Further to its announcement on 20 October 20251, Jindalee Lithium Limited (ASX: JLL, OTCQX: JNDAF) (Company) is pleased to advise the results of its Share Purchase Plan (SPP). The SPP closed for applications on 20 November 2025, and the Company has today completed the allocation and issuance of shares and options under the SPP, raising total proceeds of $1.5 million.

The SPP, which targeted to raise up to $1 Million, was met with strong demand and closed oversubscribed. In accordance with the SPP Offer Booklet2, the Board exercised its discretion to accept oversubscriptions, resulting in total proceeds of $1.5 million. To ensure a fair allocation, applications for amounts greater than $5,000 were scaled back on a pro-rata basis. Excess application monies will be refunded to applicants in line with the SPP terms2.

A total of 2,720,065 fully paid ordinary shares (Shares) were issued at $0.55 per Share. Eligible shareholders also received one (1) option for every one (1) Share allotted, exercisable at $0.825 and expiring 30 November 2028 (Option), for nil upfront consideration. Participants in the placement announced on 20 October 2025 will also receive Options on the same basis as SPP participants, to be issued subject to shareholder approval at the Company’s general meeting to be held on 10 December 2025.

Funds raised will be used to advance the McDermitt Lithium Project, including exploration drilling, metallurgical testwork, and working capital to progress the proposed United States special purpose acquisition company (SPAC) transaction3.

Commenting on the SPP, Ian Rodger, the Company’s Managing Director and CEO, said “We are grateful for the outstanding support from our shareholders. The strong response to the SPP reflects confidence in Jindalee and the strategic importance of the McDermitt Project. On behalf of the Board, we thank you for your continued support.”

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Locksley Resources (LKY:AU) has announced Drill Program Operations Commence at El Campo

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Here’s a quick recap of the crypto landscape for Wednesday (November 26) as of 9:00 p.m. UTC.

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

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.

Here’s a quick recap of the crypto landscape for Monday (November 24) as of 9:00 p.m. UTC.

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

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.

Canada is preparing to unveil a multibillion-dollar uranium export agreement with India, marking the strongest sign yet that the two countries are rebuilding ties after a two-year diplomatic freeze.

Two people familiar with the negotiations revealed that the deal, valued at roughly US$2.8 billion, would run for up to a decade and position Canadian producer Cameco (TSX:CCO,NYSE:CCJ) as a long-term supplier to India’s expanding nuclear power sector.

The final terms are still being refined, the sources cautioned, but the agreement is expected to be announced in the coming days.

The deal, if it pushes through, would form part of the formal attempt of both parties to revive economic cooperation after a period of political strain.

This culminated last weekend in a decision by Prime Minister Mark Carney and Indian Prime Minister Narendra Modi to restart long-stalled trade talks. The former has also accepted the latter’s invitation to visit India in 2026.

Both leaders signaled their intention to pursue a comprehensive economic partnership as they seek alternatives to increasingly unpredictable US trade policy.

According to two sources, the new agreement will not be a renewal but an entirely separate, larger commitment.

The pending export deal would go well beyond the countries’ previous uranium pact: a five-year, roughly US$350-million arrangement signed in 2015 that allowed India to buy Cameco uranium for civilian nuclear use.

In a recent press release, India’s Ministry of External Affairs also noted that “both sides reaffirmed their longstanding civil nuclear cooperation and noted the ongoing discussions on expanding collaboration, including through long-term uranium supply arrangements.”

India’s interest reflects its growing nuclear-power ambitions. The country operates about 25 reactors—many based on the Canadian-designed CANDU system—with six more under construction.

As electricity demand climbs and the government pushes to reduce carbon emissions, securing reliable uranium supplies has become a strategic priority for New Delhi. Expanded cooperation with Canada could also extend into small modular reactors, an area Ottawa has been promoting as part of its clean energy strategy and transition.

For Canada, the deal furthers its goals of developing a stable domestic nuclear supply. The country is the world’s second-largest producer of uranium, responsible for about 13 percent of global output, and holds some of the highest-grade deposits in the world.

Nearly 85 percent of Canadian uranium is exported primarily from mines in northern Saskatchewan. The industry generates around US$800 million in annual economic activity and employs more than 2,000 people, including many Indigenous and northern workers.

The diplomatic significance of the deal is equally notable. Relations between Canada and India plummeted in September 2023 after then-prime-minister Justin Trudeau accused New Delhi of involvement in the killing of Canadian Sikh activist Hardeep Singh Nijjar, an allegation India rejected.

The allegations led to trade talks being suspended, and political contact between the two countries sharply diminished.

While Canadian authorities continue to investigate the matter, Carney has signaled that he wants to move economic relations forward, particularly as he seeks to diversify exports away from the US under President Donald Trump.

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

Silver Dollar Resources Inc. (CSE:SLV)(OTCQX:SLVDF)(FSE:4YW) (‘Silver Dollar’ or the ‘Company’) is pleased to report underground sample assay results and preliminary geologic modeling of existing high-grade drill results in support of an exploration and mining strategy shift from open pit to underground at its 100%-owned La Joya Silver (Cu-Au) Project (the ‘Property’) in the state of Durango, Mexico.

Figure 1: La Joya plan view showing mineralized areas and location of underground sampling.

A total of 16 channel samples were collected from the historic La Embotelladora mine workings, showing mineralization localized in ENE and NNE structural zones. Sample R-300 returned 2,753 grams per tonne (g/t) silver equivalent (AgEq) over 0.4 metres (m) representing the NNE trending zone. Sample R-291 returned 328 g/t AgEq over 0.4m representing the ENE structural zone (Table 1). These data combined with existing drilling results are aiding in the Company’s ongoing strategy of transitioning La Joya from an open pit to an underground project by confirming high grade mineralization localization in a network of prospective structures. Ongoing geologic modeling will focus on validating this thesis through re-focused exploration planning.

Photo 1: Underground sampling of the historic La Embotelladora Mineworkings.Figure 2: Plan view showing recent channel sample assay results and existing drilling results.

Sample ID	Width (m)	Ag g/t	Au g/t	Cu g/t	Pb g/t	Zn g/t	AgEq g/t
R-289	0.4	2	0.0	387	26	171	6
R-290	0.6	5	0.3	464	17	158	21
R-291	0.4	166	0.2	23,110	43	153	328
R-292	1.1	11	0.1	1,900	14	186	26
R-293	0.7	4	0.4	606	13	145	23
R-294	0.6	2	0.0	254	9	153	5
R-295	0.6	2	0.1	448	9	163	7
R-296	0.85	5	0.1	457	369	1,620	13
R-297	0.8	5	0.1	689	292	4,440	18
R-298	0.3	1	0.1	367	11	156	6
R-299	0.85	26	0.0	2,160	20	204	41
R-300	0.4	1,800	0.6	139,860	1,340	4,550	2,753
R-301	0.95	148	0.1	13,870	36	234	244
R-302	0.32	34	0.5	416	15	129	57
R-303	0.4	9	1.1	460	4	182	54
R-304	0.26	3	0.2	549	58	364	15

Table 1: Assay results from underground sampling campaign.

Silver equivalent is calculated using the following metal prices in USD: Au $1,750/oz, Ag $22/oz, Pb $1.25/lb, Zn $1.50/lb, Cu $4.30/lb. Recoveries of Au 66%, Ag 93%, Pb 87%, Zn 84%, Cu 70% historically reported from Pan American Silver’s La Colorada mine and Southern Silver’s Cerro Minitas mine (Cu only) have been used in the AgEq calculation, and are assumed to be comparable to anticipated recoveries at La Joya.

Figure 3: La Joya preliminary numerical model of AgEq trended to apparent E-W structural network.

Silver Dollar has also completed preliminary numerical modeling of existing drillhole assay data to identify additional high-grade mineralization. Numerical models were trended using preliminary vein modeling, which focused on a series of emerging E-W trends. Ongoing geologic modeling will incorporate other local trends, including a NNE structural trend, and the impact of stratigraphic-structural intersections on plunging mineral trends.

‘With silver, copper, and gold prices all reaching record highs this year, it’s an opportune time to re-conceptualize La Joya from a new underground perspective,’ said Greg Lytle, President of Silver Dollar. ‘The goal of our geological modeling is to assess La Joya’s underground potential based on a compilation of all historical data, consider hypothetical underground mining methods, and identify high-priority exploration targets to add value to the Project.’

Procedure, quality assurance/quality control and data verification:

All rock samples were collected, described, photographed, and bagged on-site. The samples were delivered by Silver Dollar staff to ActLabs in Zacatecas, Mexico for analysis. ActLabs is ISO 9001:2015 certified. Rock samples were crushed, pulverized and screened to -80 mesh at the lab, prior to analysis. Gold is analyzed by a 30g Fire Assay with AA (atomic absorption spectroscopy) finish, then gravimetric finish if greater than 10ppm Gold. Silver and 34 other elements were analyzed using a four-acid digestion with an ICP-OES (Inductively Coupled Plasma Optical Emission spectroscopy) finish. Silver, lead, zinc, and copper over limits were re-assayed using an ore-grade four-acid digestion with ICP-AES (Inductively coupled plasma atomic emission spectroscopy) finish. Control samples comprising certified reference samples and blank samples were systematically inserted into the sample stream and analyzed as part of the Company’s quality assurance and quality control protocol.

About the La Joya Property:

La Joya is an advanced exploration stage property consisting of 15 mineral concessions totaling 4,646 hectares and hosts the Main Mineralized Trend (MMT), Santo Nino, and Coloradito deposits.

The previous operator, Silvercrest Mines, released a Preliminary Economic Assessment (PEA) NI 43-101 Technical Report on the La Joya Property in December 2013. The PEA included a mineral resource estimate (MRE) on the MMT and Santo Nino deposits (See Historical MRE Table) that was based on 89 holes totaling 30,085 m of Silvercrest’s drilling between 2010 and 2012 (See Historical MRE Model). The MRE was reported to conform to CIM definitions for resource estimation; however, a qualified person of Silver Dollar has not done sufficient work to classify the historical resource, and the Company is not treating it as a current mineral resource. Independent data verification and an assessment of the mineral resource estimation methods are required to verify the historical mineral resource.

The Property is situated approximately 75 kilometres southeast of the Durango state capital city of Durango in a high-grade silver region with past-producing and operating mines, including Silver Storm’s La Parrilla Mine, Industrias Penoles’ Sabinas Mine, Grupo Mexico’s San Martin Mine, Sabinas Mine, First Majestic’s Del Toro Mine, and Pan American Silver’s La Colorada Mine (Figure 4).

Figure 4: La Joya location and historical and operating mines in the area.

Dale Moore, P.Geo., an independent Qualified Person (QP) as defined in NI 43-101, has reviewed and approved the technical contents of this news release on behalf of the Company.

About Silver Dollar Resources Inc.
Silver Dollar is a dynamic mineral exploration company focused on two of North America’s premier mining regions: Idaho’s prolific Silver Valley and the Durango-Zacatecas silver-gold belt. Our portfolio includes the advanced-stage Ranger-Page and La Joya projects, as well as the early-stage Nora project. The Company’s financial backers include renowned mining investor Eric Sprott, our largest shareholder. Silver Dollar’s management team is committed to an aggressive growth strategy and is actively reviewing potential acquisitions with a focus on drill-ready projects in mining-friendly jurisdictions.

For additional information, you can visit our website at silverdollarresources.com, download our investor presentation, and follow us on X at x.com/SilverDollarRes.

ON BEHALF OF THE BOARD

Signed ‘Gregory Lytle’

Gregory Lytle,
President, CEO & Director
Silver Dollar Resources Inc.
Direct line: (604) 839-6946
Email: greg@silverdollarresources.com
179 – 2945 Jacklin Road, Suite 416
Victoria, BC, V9B 6J9

Forward-Looking Statements:
This news release may contain ‘forward-looking statements.’ Forward-looking statements involve known and unknown risks, uncertainties, assumptions, and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Any forward-looking statement speaks only as of the date of this news release 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.

The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this news release.

Source

Strategic Minerals plc (AIM: SML; USOTC: SMCDF), an international mineral exploration and production company, is delighted to announce that its wholly owned subsidiary, Cornwall Resources Limited (‘CRL’), has received standout drillhole assay results from CRD034b, including very high-grades and multiple thick intersections. CRD034b was the second drill hole of the ongoing drilling campaign at the Redmoor Tungsten-Tin-Copper Project (‘Redmoor’) in southeast Cornwall.

Downhole Composite Highlights:

Very High-Grade

• A very high-grade tungsten intersection: 1.10 m @ 7.19% WO₃, 0.02% & 1.11% Cu (7.51% WO₃.Eq*¹) from 579.93 m in CRD034b – amongst the top 10 highest-grade sample results recorded at Redmoor from all previous CRL drilling campaigns.
• Further very-high-grade sample intervals, inside broader high-grade intersections:
• 1.05 m @ 4.93% WO₃, 0.03% Cu & 0.01% Sn from 458.52 m (4.94% WO₃.Eq)
• 1.00 m @ 2.73% WO₃, 0.11% Cu & 0.03% Sn from 466.00 m (2.78% WO₃.Eq)
• 0.70 m @ 2.65% WO₃, 2.07% Cu & 0.14% Sn from 485.73 m (3.32% WO₃.Eq)
• 0.50 m @ 1.96% WO₃, 0.09% Cu & 0.01% Sn from 534.00 m (1.99% WO₃.Eq)
• 0.75 m @ 1.21% WO₃, 4.73% Cu & 0.05% Sn from 583.30 m (2.53% WO₃.Eq)

Significant Widths

• Multiple, very wide, high-grade intersections of tungsten mineralisation (in comparison to global tungsten projects) confirmed within the Redmoor Sheeted Vein System (‘SVS’), including:
  • 15.46 m @ 0.72% WO₃, 0.04% Sn & 0.66% Cu (0.93% WO₃.Eq) from 456.04 m.
• Importantly, a deep intersect, which widens the previously modelled thickness of the Redmoor SVS in this zone of the deposit, returning 10.00 m @ 0.92% WO₃, 0.02% Sn & 0.78% Cu (1.15% WO₃.Eq) from 578.00 m, including the above 1.10m @ 7.19% WO₃, and 0.75 m @ 2.53% WO₃.Eq sample intervals.
• Results complement the high-grade ‘exceptional’ intersections from CRD033, adding further high-grade zones of mineralisation with grades exceeding these previous results. High-grade intersections are listed in detail below.

Copper and Tin

• Strong copper results in several zones, most notably 3.46 m @ 1.25% WO₃ plus 1.93% Cu and 0.08% Sn (1.84% WO₃.Eq) from 463.54 m, and lode-style copper intervals, including tin, up to 1.00 m @ 2.14% Cu and 1.00% Sn from 515.00 m, adding significant potential value to the polymetallic system.

Silver

• Silver values of up to 84.8 g/t have been reported within copper-rich zones over a 0.75 m interval. Further work is underway to assess the potential for silver recovery; however, CRL makes no assumptions regarding its recoverability at this stage.

Figure 1: Highlighted high-grade intersection of containing 10.00 m @ 0.92% WO3, 0.02% Sn & 0.78% Cu (1.15% WO3.Eq) from 578.00 m from a zone of multiple stacked mineralised veins and wall rock within the Redmoor SVS deposit. This high-grade intersection (yellow arrows) comprises 10 individual sample sections (small double arrows) detailed in Appendix 1 below. Including1.10 m @ 7.19% WO3, 0.02% & 1.11% Cu (7.51% WO3.Eq*1) from 579.93 m These samples were visibly logged by CRL geologists containing wolframite, chalcopyrite and cassiterite.

Dennis Rowland, CRL Managing Director, said:

‘These results highlight downhole intersections of impressive length and grade, up to 15.00 m at nearly 1% WO₃, and significant single sample zones reaching 7.19% WO₃ – amongst the top 10 sample intervals by grade recorded at Redmoor to date by the Company.

‘The new results reported outside the existing Redmoor resource model indicate strong potential for material resource growth. Ongoing analysis of samples from additional drillholes is expected to further refine and enhance the understanding of Redmoor’s resource potential.

‘The continuation of very high-grade mineralisation in CRD034b reinforces Redmoor’s status as Europe’s highest-grade undeveloped tungsten resource, and among the highest-grade globally.’

Mark Burnett, SML Executive Director, said:

‘The Board is pleased with the impressive results reported from this drillhole, which highlight the exceptional nature of the Redmoor deposit. Overall, CRD034b has proved very valuable in the short-range continuity test as well as in finding excellent grade intersections. Redmoor sits in a commanding position to be a secure supply of minerals deemed critical to the UK and its peers.’

Cllr Tim Dwelly, Cornwall Council’s Cabinet Member for Economic Regeneration and Investment, said:

‘We’ve invested almost £765,000 through our Good Growth Programme to support the latest drilling operation at Redmoor, and it’s encouraging to see these latest results. Cornwall’s critical minerals sector has enormous potential to create high-quality jobs, attract further private investment and strengthen security of supply for the minerals our economy increasingly relies on. That’s why we’re backing responsible critical minerals projects that we believe can deliver long-term economic value for Cornwall, while helping to meet national demand and deliver against the government’s Industrial Strategy.’

Highlight of CRD034b Intersections:

Laboratory assay results for drillhole CRD034b, the second hole of the 2025 drilling programme, confirm wide zones of high grade mineralisation and multiple sub-zones of very high-grade tungsten mineralisation, including copper, tin and silver, throughout the Redmoor Sheeted Vein System (‘SVS’) deposit intercepted by the drillhole, and also additional mineralised zones outside of the SVS (see Table 2 for sample intersection details), with highlights including:

• 3.45 m @ 0.48% WO₃, 0.01% Sn & 0.41% Cu (0.60% WO_3. Eq) from 291.55 m, including:
  • 2.00 m @ 0.62% WO₃, 0.01% Sn & 0.56% Cu from 293.00 m
• 15.46 m @ 0.72% WO₃, 0.04% Sn, 0.66% Cu (0.93% WO₃.Eq) from 456.04 m, including:
  • 3.53 m @ 1.67% WO₃, 0.02% Sn & 0.27% Cu from 456.04 m, containing:
  • 1.05 m @ 4.93% WO₃, 0.01% Sn & 0.04% Cu from 458.52 m
  • 3.46 m @ 1.25% WO₃, 0.08% Sn, 1.93% Cu and 13.92 g/t Ag from 463.54 m, containing:
    • 1.00 m @ 2.73% WO₃, 0.03% Sn & 0.11% Cu from 466.00 m.
  • 0.96 m @ 0.50% WO₃, 0.03% Sn & 0.31% Cu from 470.54 m
• 4.00 m @ 0.51% WO₃, 0.03% Sn & 0.42% Cu (0.65% WO_3. Eq) from 484.00 m, including:
  • 0.70 m @ 2.65% WO₃, 0.14% Sn & 2.07% Cu from 485.73 m
• 2.85 m @ 0.15% WO₃, 0.36% Sn, 0.90% Cu (0.69% WO_3. Eq) and 13.50 g/t Ag from 515.00 m, including:
  • 1.00 m @ 2.03% Cu, 1.01% Sn and 32.60 g/t Ag from 515.00m
• 1.55 m @ 0.64% WO₃, 0.01% Sn & 0.08% Cu (0.67% WO_3. Eq) from 534.00 m, including:
  • 0.50 m @ 1.96% WO₃, 0.01% Sn & 0.09% Cu from 534.00 m
• 10.00 m @ 0.92% WO₃, 0.02% Sn & 0.78% Cu (1.15% WO_3. Eq) from 578.00 m, including:
  • 1.10 m @ 7.19% WO₃, 0.02% Sn, 1.11% Cu & 25.00 g/t Ag from 579.93 m
  • 0.75 m @ 1.21% WO₃, 0.05% Sn, 4.73% Cu & 84.80 g/t Ag from 583.30 m
  • 0.50 m @ 0.27% WO₃, 0.01% Sn, 0.64% Cu & 21.60 g/t Ag from 587.50 m

Detail of analytical results form CRD034b

CRD034b was drilled south to intersect the Redmoor SVS mineralisation. Details of the collar and survey setup are provided in Table 1.

Table 1: Drillhole collar data for CRD034b, drilled from the same pad as previously reported CRD033

Pad Number	Collar	Orientation at Collar	Total Depth (m)
Easting (m)	Northing (m)	Elevation (m)	Azimuth (⁰)	Dip (⁰)
1	235802.1	71341.02	185	135	58	608.20

Laboratory assay results for drillhole CRD034b have returned further exceptional results from the current drilling programme, containing very-high-grade results, with tungsten (WO₃) grades reaching 7.19%, copper (Cu) grades reaching 4.73% and tin (Sn) grades reaching 1.01%, from a zone of the deposit known to be lower in tin concentrations, coupled with silver (Ag) grades of up to 84.8 g/t correlated with copper mineralisation. The silver mineralisation encountered is highly encouraging and is currently undergoing further metallurgical testwork to confirm its economic importance with regards to the Redmoor project, prior to modelling as part of the forthcoming Mineral Resource estimate (‘MRE’) update, with further updates and commentary expected soon.

These results continue to exhibit the strong continuity of structure and grade within the SVS orebody, with mineralised continuity confirmed eastwards and correlated to high-grade zones previously drilled in CRD033. The final 35.00 m of CRD034b was successful in drilling a previously untested portion of a projected high-grade zone, this section returned the wide, high-grade interval of 10.00 m @ 0.92% WO₃, 0.02% Sn & 0.78% Cu (1.15% WO₃.Eq) from 578.00 m, including 1.10 m @ 7.19% WO₃, 0.02% & 1.11% Cu (7.51% WO3.Eq*1) from 579.93 m, along with strong grades of silver (Ag) up to 84.8 g/t (Figure 1, above).

Figure 2, include a drillhole trace of CRD034b, the hole was planned as an infill hole to test short spaced continuity of structure and grade between other nearby spaced drillholes. The data from CRD034b and other holes will be used in the assessment for future drill spacings. It also serves to demonstrate that the SVS within this portion of the deposit is wider than previously modelled, containing further high-grade zones of mineralisation.

Figure 2: Plan view of the deposit with the route of CRD034b (in Red), with previous CRL and South West Minerals drillholes (in Black). CRD034b is an infill hole aimed at testing short spaced continuity of structure and grade.

Figure 3, includes a cross-section of the borehole, highlighting reported intersections and the previously modelled high-grade zones that form the basis of the 2019 Redmoor MRE.

Figure 3: Cross-section of CRD034b, including sample intersection grades, and grade bars representing WO₃ results. Zones in pink represent the previously modelled high-grade zones that form the basis of Redmoor mineral resource. The modelled high-grade zones towards the bottom of the hole, falls short of the drill holes trajectory, and following the intersection of a further significant width high grade intersection in CRD034b highlights the potential for resource growth should the zone be extended.

Table 2 below, contains the details of the composite sample intersections including sample depths, thickness, metal content, and tungsten equivalent calculations, as well as the mineralisation style recorded by CRL geologists. The tungsten equivalent (WO₃. Eq.) highlights the value-add from tin and copper to the tungsten grades of the sample intervals. Appendix 1 includes full details of each sample included in these composite intersections.

Table 2: Highlights of downhole composite sample intersections returned from recently received results from drillhole CRD034b, showing interval lengths and subsequent assay results for WO₃, Sn & Cu. A tungsten equivalent results has also been calculated. Composited values use a downhole length weighted average of grades.

Sample Start	From (m)	To (m)	Interval (m)	WO3 %	Cu %	Sn %	WO3. Eq. %	Comments
CRL005376-79	92.00	100.00	8.00	0.01	0.01	0.20	0.18	Lode-Style Cu Mineralisation
incl. CRL005367	92.00	94.00	2.00	0.00	0.01	0.45	0.38	Lode-Style Cu Mineralisation
CRL005413-14	291.55	295.00	3.45	0.48	0.41	0.01	0.60	S.V.S Mineralisation
incl. CRL005414	293.00	295.00	2.00	0.62	0.56	0.01	0.78	S.V.S Mineralisation
CRL005425	309.70	311.00	1.30	0.21	0.41	0.01	0.33	S.V.S Mineralisation
CRL005486-5501	456.04	471.50	15.46	0.72	0.66	0.04	0.93	S.V.S Mineralisation
incl. CRL005486-88	456.04	459.57	3.53	1.67	0.27	0.02	1.76	S.V.S Mineralisation
cont. CRL005488	458.52	459.57	1.05	4.93	0.03	0.01	4.94	S.V.S Mineralisation
incl. CRL005493-96	463.54	467.00	3.46	1.25	1.93	0.08	1.84	S.V.S Mineralisation
cont. CRL005496	466.00	467.00	1.00	2.73	0.11	0.03	2.78	S.V.S Mineralisation
incl. CRL005501	470.54	471.50	0.96	0.50	0.31	0.03	0.60	S.V.S Mineralisation
CRL005513-15	484.00	488.00	4.00	0.51	0.42	0.03	0.65	S.V.S Mineralisation
incl. CRL005514	485.73	486.43	0.70	2.65	2.07	0.14	3.32	S.V.S Mineralisation
CRL005527-28	501.54	504.35	2.81	0.06	0.17	0.14	0.22	S.V.S Mineralisation
incl. CRL005528	503.47	504.35	0.88	0.14	0.52	0.42	0.63	S.V.S Mineralisation
CRL005537-38	515.00	517.85	2.85	0.15	0.90	0.36	0.69	Lode-Style Cu Mineralisation
incl. CRL005538	515.00	516.00	1.00	0.00	2.14	1.00	1.40	Lode-Style Cu Mineralisation
CRL005545	523.85	525.00	1.15	0.38	0.00	0.01	0.39	S.V.S Mineralisation
CRL005555-56	534.00	535.55	1.55	0.64	0.08	0.01	0.67	S.V.S Mineralisation
incl. CRL005556	534.00	534.50	0.50	1.96	0.09	0.01	1.99	S.V.S Mineralisation
CRL005562-64	540.00	543.90	3.90	0.21	0.02	0.01	0.22	S.V.S Mineralisation
incl. CRL005564	543.25	543.90	0.65	0.70	0.04	0.00	0.71	S.V.S Mineralisation
CRL005595-5605	578.00	588.00	10.00	0.92	0.78	0.02	1.15	S.V.S Mineralisation
incl. CRL005596	579.93	581.03	1.10	7.19	1.11	0.02	7.51	S.V.S Mineralisation
incl. CRL005599	583.30	584.05	0.75	1.21	4.73	0.05	2.53	S.V.S Mineralisation
incl. CRL005605	587.50	588.00	0.50	0.27	0.64	0.01	0.45	S.V.S Mineralisation
CRL005613-14	596.00	597.92	1.92	0.22	0.13	0.02	0.27	S.V.S Mineralisation
incl. CRL005613	596.00	596.60	0.60	0.65	0.23	0.03	0.73	S.V.S Mineralisation

Note*¹ Tungsten Equivalent (WO₃.Eq) Calculation: WO₃ (EQ)% = WO₃%+(Sn% x 0.82) + (Cu% x 0.27)

Commodity price assumptions: WO₃ US$ 43,000/t, Sn US$ 32,525/t, Cu US$ 9,429/t. Using the 12-month average to September 2025. Recovery assumptions: total WO₃ recovery 72%, total Sn recovery 68% and total Cu recovery 85%. Payability assumptions of 81%, 90% and 90% respectively.

Competent Person Statement:

The information in this announcement that relates to Sampling Techniques and Data and Exploration Results has been reviewed and approved by Mr Laurie Hassall, MSci (Geology), FIMMM, QMR, FGS, who is a full-time employee of Snowden Optiro. Mr Hassall holds a Master of Science degree in Geology from the University of Southampton and is a Fellow of the Institute of Materials, Minerals and Mining (FIMMM), through which he is also accredited as Qualified for Minerals Reporting (QMR). He is also a Fellow of the Geological Society of London (FGS).

Snowden Optiro has been engaged by Cornwall Resources Limited to provide independent technical advice. Mr Hassall, a full-time employee of Snowden Optiro, is acting as the Competent Person and is independent of Cornwall Resources Limited. He has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration, and to the activity being undertaken, to qualify as a Competent Person as defined in the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code), and under the AIM Rules.

Mr Hassall consents to the inclusion in this announcement of the matters based on his information, in the form and context in which it appears. He confirms that, to the best of his knowledge, there is no new information or data that materially affects the information contained in previous market announcements, and that the form and context in which the information is presented has not been materially modified.

For further information, please contact:
Strategic Minerals plc	+44 (0) 207 389 7067
Mark Burnett
Executive Director
Website:	www.strategicminerals.net
Email:	info@strategicminerals.net
Follow Strategic Minerals on:
X:	@StrategicMnrls
LinkedIn:	https://www.linkedin.com/company/strategic-minerals-plc
SP Angel Corporate Finance LLP	+44 (0) 20 3470 0470
Nominated Adviser and Broker
Matthew Johnson/Charlie Bouverat/Grant Barker Zeus Capital Limited Joint Broker Harry Ansell/Katy Mitchell	+44 (0) 203 829 5000
Vigo Consulting	+44 (0) 207 390 0234
Investor Relations
Ben Simons/Peter Jacob/Anna Sutton
Email:	strategicminerals@vigoconsulting.com

Notes to Editors

About Strategic Minerals plc and Cornwall Resources Limited

Strategic Minerals plc (AIM: SML; USOTC: SMCDY) is an AIM-quoted, producing minerals company, actively developing strategic projects in the UK, United States and Australia.

In 2019, the Company completed the 100% acquisition of Cornwall Resources Limited and the Redmoor Tungsten-Tin-Copper Project.

The Redmoor Project is situated within the historically significant Tamar Valley Mining District in Cornwall, United Kingdom, with a JORC (2012) Compliant Inferred Mineral Resource Estimate published 14 February 2019:

Cut-off (SnEq%)	Tonnage (Mt)	WO3 %	Sn %	Cu %	Sn Eq1 %	WO3 Eq %
>0.45 <0.65	1.50	0.18	0.21	0.30	0.58	0.41
>0.65	10.20	0.62	0.16	0.53	1.26	0.88
Total Inferred Resource	11.70	0.56	0.16	0.50	1.17	0.82

1 Equivalent metal calculation notes; Sn(Eq)% = Sn% x 1 + WO3% x 1.43 + Cu% x 0.40. WO₃(EQ)% = Sn% x 0.7 + WO₃ + Cu% x 0.28. Commodity price assumptions: WO₃ US$ 33,000/t, Sn US$ 22,000/t, Cu US$ 7,000/t. Recovery assumptions: total WO3 recovery 72%, total Sn recovery 68% & total Cu recovery 85% and payability assumptions of 81%, 90% and 90% respectively

More information on Cornwall Resources can be found at: https://www.cornwallresources.com

In September 2011, Strategic Minerals acquired the distribution rights to the Cobre magnetite project in New Mexico, USA, through its wholly owned subsidiary Southern Minerals Group. Cobre has been in production since 2012 and continues to provide a sustainable revenue stream for the Company.

In March 2018, the Company completed the acquisition of the Leigh Creek Copper Mine situated in the copper rich belt of South Australia. The Company has entered into an exclusive Call Option with South Pacific Mineral Investments Pty Ltd trading as Cuprum Metals to acquire 100% of the project.

About the CIOS Good Growth Fund and UK Shared Prosperity Fund

This project is part-funded by the UK Government through the UK Shared Prosperity Fund. Cornwall Council is responsible for managing projects funded by the UK Shared Prosperity Fund through the Cornwall and the Isles of Scilly Good Growth Programme.

Cornwall and Isles of Scilly has been allocated £184 million for local investment through the Shared Prosperity Fund. This new approach to investment is designed to empower local leaders and communities, so they can make a real difference on the ground where it’s needed the most.

The UK Shared Prosperity Fund proactively supports delivery of the UK-government’s five national missions: pushing power out to communities everywhere, with a specific focus to help kickstart economic growth and promoting opportunities in all parts of the UK.

For more information, visit

https://www.gov.uk/government/publications/uk-shared-prosperity-fund-prospectus

For more information, visit https://ciosgoodgrowth.com

Source

CopAur Minerals Inc. (TSXV: CPAU) (‘CopAur’ or the ‘Company’) announces that pursuant to the press release on November 24th, 2025, by Omega Pacific Resources Ltd (CSE: OMGA) (‘Omega’), that CopAur and Omega (the ‘Parties’) have completed an amendment of the Williams Property (the ‘Property’) Option/Joint Venture Agreement (the ‘Option Agreement’) to accelerate Omega’s acquisition of a 100% interest in the Property.

On February 29, 2024, the Parties entered into an Option Agreement (see CopAur’s March 1st, 2024, press release) whereby Omega could earn up to a 100% interest in the Williams Property. On April 24th, 2024, CopAur announced the receipt of $1 million in cash and 3 million Omega shares from Omega, which along with agreed upon exploration expenditures and other considerations, allowed Omega to earn a 51% interest in the Williams property. On November 12th, 2024, Omega exercised its option to acquire a 51% interest in the property.

On November 20th, 2025, the Parties entered into a second amendment to the Option Agreement whereby Omega has the option to acquire the remaining 49% interest in the Williams Property from CopAur on or before December 4th, 2025, by issuing to CopAur, 3.3 million common shares in the capital of Omega.

‘CopAur is confident that the Williams Property, located in BC’s re-emerging Toodoggone District and the Golden Horseshoe, which is widely regarded as a tier-one exploration region, holds tremendous, untapped mineral value as confirmed during Omega’s 2024 drill program that returned values of 1.69 g/t Au over 104 metres and 2.16 g/t Au. over 96.9 metres. Omega has the requisite skill set to further develop this property, and this agreement allows CopAur to concentrate our efforts on our Nevada properties. We look forward to following developments at the Williams Property as a significant shareholder of Omega,’ commented Andrew Neale, CEO.

About CopAur
CopAur is a mine development company focused on projects within the emerging, mineral-rich gold mining regions of Nevada. The Company is backed by a dynamic and experienced team of resource professionals advancing its projects in Nevada with the flagship project being Kinsley Mountain Gold Project, a Carlin-style project located in the Kinsley Mountains in Eastern Nevada, approximately 80 km SSW of West Wendover.

ON BEHALF OF THE BOARD OF COPAUR MINERALS INC.
Andew Neale, Chief Executive Officer

For more information, please contact:

Andrew Neale, Chief Executive Officer
Email: ir@copaur.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 news release.

Forward-Looking Information

This news release contains forward-looking statements. All such statements involve substantial known and unknown risks, uncertainties and other factors which may cause the actual results to vary from those expressed or implied by such forward-looking statements. Forward-looking statements involve significant risks and uncertainties, they should not be read as guarantees of future performance or results and they will not necessarily be accurate indications of whether or not such results will be achieved. Actual results could differ materially from those anticipated due to a number of factors and risks. Although the forward-looking statements contained in this news release are based upon what management of the Company believes are reasonable assumptions on the date of this news release, the Company cannot assure investors that actual results will be consistent with these forward-looking statements. The forward-looking statements contained in this press release are made as of the date hereof and the Company disclaims any intention or obligation to update or revised any forward-looking statements whether as a result of new information, future events or otherwise, except as required under applicable securities regulations.

Source