Wide Open Agriculture (WOA:AU) has announced Pre-Feasibility Study Launched for 10,000pta WA Facility
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Oversupply and trade concerns were the most impactful factors in the graphite market through the first half of 2025.
China’s control of much of the market also came into focus as the US launched an investigation into the security of numerous supply chains including anodes which are key end use for graphite.
Heading into 2025, the graphite market was expected to see continued divergence between China and ex-China regions. The split was further hampered by a glut in the market.
As such prices for graphite fell by 10-20 percent in 2024, as noted in an International Energy Agency report.
Analysts anticipated domestic Chinese prices to remain low, while US and European benchmarks were forecasted to climb as supply shifts away from China create tighter markets.
While excess inventory and high supply levels were forecasted to keep prices under pressure in the first half of 2025, analysts aren’t ruling out a moderate recovery in the second half as inventories normalize, though competition from synthetic graphite could limit gains.
Graphite prices hit multi-year lows
Caught in the cross hairs of tariff troubles between US and China, graphite prices fell to their lowest levels since 2018, according to Fastmarkets.
In January, The US Department of Commerce officially launched anti-dumping (AD) and countervailing duty (CVD) investigations into imports of active anode material from China, following petitions filed by the American Active Anode Material Producers (AAMP) in mid-December 2024.
These probes stem from concerns that Chinese producers are unfairly undercutting domestic manufacturers through subsidized or dumped pricing.
“The new antidumping and countervailing duty investigation on active anode imports from China demonstrates that the anode production is the most challenging part of the battery supply chain for the US to compete with China,” wrote Fastmarkets Georgi Georgiev in a February report.
He added: “The existing 25 percent tariff has had limited impact on anode imports from China, demonstrating that currently Chinese anode makers remain the cornerstone of global anode supply chains.”
In May, the Department of Commerce issued an affirmative preliminary finding in its countervailing duty probe, identifying subsidy rates as high as 721 percent for some producers, while others faced rates near 6.55 percent.
In the related anti-dumping investigation, a July 17 preliminary determination confirmed dumping, and a provisional 93.5 percent duty was imposed.
If both Commerce and the US International Trade Commission deliver final affirmative decisions, steep duties could be imposed as soon as fall 2025 and remain in place for at least five years.
Supply and demand woes intensify
Despite natural graphite mined supply growing year over year from 2020’s 966,000 metric tons to 1,600,000 metric tons in 2024, concerns abound about future supply.
“Rare earth elements appear to be sufficiently supplied in 2035 based on the project pipeline. However, supply concentration for rare earths and graphite remains a key vulnerability,” a recent IEA report read.
The energy oversight agency expects graphite demand to double between now and 2040, driven by an uptick in eclectic vehicle demand.
To ensure ample supply is available, the IEA recommends broad growth outside of China up and down the supply chain.
“Diversification is the watchword for energy security, but the critical minerals world has moved in the opposite direction in recent years, particularly in refining and processing. Between 2020 and 2024, growth in refined material production was heavily concentrated among the leading suppliers,” it read.
Refining capacity for critical minerals has become increasingly concentrated, with graphite among the most affected. By 2024, the top three refining nations controlled an average of 86 percent of global output for key energy minerals, up from about 82 percent in 2020.
In graphite’s case, China dominates the sector, accounting for nearly all recent supply growth, a trend mirrored by Indonesia in nickel and China again in cobalt and rare earths.Despite China’s stronghold of the market, the IEA sees that weakening over the next decade.
“There is some diversification emerging in the mining of lithium, graphite and rare earth elements. The share of mined lithium supply from the top three producers is set to fall below 70 percent by 2035, down from over 75 percent in 2024,” the IEA states. “ Graphite and rare earth elements also see some improvement as new mining suppliers emerge over the next decade – Madagascar and Mozambique for graphite and Australia for rare earths.”
While mine supply diversification is a positive first step, growth in refinement and processing capacity is unlikely to see the same ex-China growth trends.
The IEA expects refining capacity for critical minerals to remain heavily concentrated well into the next decade, with graphite among the most tightly controlled.
Although some diversification is emerging for lithium and select minerals, China’s dominance shows little sign of waning. By 2035, the country is projected to supply roughly 80 percent of the world’s battery-grade graphite, alongside similar market shares in rare earths, and more than 60 percent of refined lithium and cobalt.
Tariff battle shakes anode supply chain
To counter China’s control the US is moving aggressively to curb reliance on Chinese graphite anodes, which account for more than 95 percent of global anode output.
Since June 2024, tariffs on Chinese synthetic graphite anodes have risen from zero to 160 percent — including the existing 25 percent Section 301 tariff and additional levies. North American producers have petitioned for duties as high as 920 percent.
Chinese producers initially absorbed much of the cost of early tariffs, but analysts expect they will pass more of the recent increases on to buyers.
US automakers and battery makers are bracing for higher costs, with trade data showing that all US graphite anode imports for the EV sector came from China in 2024.
China has responded with its own 84 percent import tariff on US petroleum coke and needle coke. While China has reduced reliance on US supply, it still sources about 30 percent of each from American producers, meaning higher costs for Chinese synthetic graphite and downstream anode products.
“US electric vehicle and battery producers have battled in recent years to keep US imports of graphite anodes from China tariff-free, but their efforts have proved futile over the past nine months and the trade status of graphite anodes has shifted dramatically,” Amy Bennett, principal consultant of metals and mining at Fastmarkets wrote in a May market report.
Fragility of supply
Global demand for battery-grade graphite is projected to surge by 600 percent over the next decade as the energy transition and electric vehicle (EV) adoption accelerate.
Yet, at today’s depressed prices, developing new supply outside China remains economically unviable — a challenge that’s fueling a looming supply crunch.
The US, which mines no natural graphite, was entirely dependent on imports to meet domestic demand in 2024, according to the US Geological Survey, leaving it and other non-China markets in a vulnerable position.
History offers a cautionary precedent: in 2010, rare earth prices spiked tenfold after China restricted exports.
Should a similar disruption hit lithium, nickel or graphite, prices could surge five to ten times, pushing average global battery pack costs up by 20 to 50 percent, the IEA warns.
Such a jump would erode EV affordability, slow adoption and threaten the pace of the clean energy transition.
Securities Disclosure: I, Georgia Williams, hold no direct investment interest in any company mentioned in this article.
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Iron ore prices have displayed volatility in the past half decade as the world has dealt with the economic uncertainty surrounding COVID-19 lockdowns, the Russia-Ukraine war, ongoing conflicts in the Middle East and rising trade tensions.
Prices for the base metal reached a record high of over US$220 per metric ton (MT) in May 2021, but that level wouldn’t hold for long as lower demand from China alongside rising supply levels caused prices to dropped drastically in late 2021.
Iron ore prices rebounded to trade in the US$120 to US$130 range in 2023, spurred on by supply issues in Australia and Brazil, as well as the Russia-Ukraine war; higher export duties in India and renewed demand from China have also contributed to the commodity’s higher prices.
However, that positive sentiment in the iron ore market evaporated in 2024 as the global economic outlook weakened on higher interest rates, lower demand and challenges in China’s property sector. After starting the year at a high of US$144 per MT, iron ore prices slid to finish out the year at about US$95.
A cyclical rebound in Chinese steel production in Q1 2025 did manage to push prices for the metal back above US$100 again to briefly touch US$107 per MT in February. However, in Q2 2025, China’s economic woes, a growing surplus in iron mine supply and steel and aluminum tariffs were responsible for pressuring iron ore prices back down below US$95 as of late June.
‘Geopolitical tensions have spurred some countries to explore alternative sources of iron ore, raising the profile of new geographic markets,” reports Fastmarket in its June 2025 iron ore market outlook. “The emergence of resource nationalism, where governments exert greater control over mineral resources, is further complicating trade. Policy changes in iron ore-consuming regions, driven by trade tensions and domestic priorities, have led to adjustments in global supply chains.”
To better understand the dynamics of the iron ore market, it’s helpful to know which countries are major producers. With that in mind, these are the top 10 for iron ore production by country in 2024, using the latest data provided by the US Geological Survey. Production data for public companies is sourced from the mining database MDO.
1. Australia
Usable iron ore: 930 million metric tons
Iron content: 580 million metric tons
Australia is the largest iron producing country by far, with usable iron ore production of 930 million metric tons in 2024. Australia’s leading iron ore producer is BHP Group (ASX:BHP,LSE:BHP,NYSE:BHP), and Rio Tinto (ASX:RIO,NYSE:RIO,LSE:RIO) and Fortescue (ASX:FMG,OTCQX:FSUMF) are also large iron producers.
The Pilbara region is the most notable iron ore jurisdiction in Australia, if not the world. In fact, Rio Tinto calls its Pilbara Blend ‘the world’s most recognised brand of iron ore.’ One of the company’s iron producing operations in the region is Hope Downs iron ore complex, a 50/50 joint venture with Gina Rinehart’s Hancock Prospecting. The complex hosts four open-pit mines with an annual production capacity of 47 million metric tons.
In June 2025, the partners announced a combined investment of US$1.6 billion to develop the Hope Downs 2 iron ore project, a part of the main JV. The project hosts the Hope Downs 2 and Bedded Hilltop deposits, which together will have a total annual production capacity of 31 million metric tons.
As for BHP, the major iron miner’s Western Australia Iron Operations joint venture comprise five mining hubs and four processing hubs. One such hub is Area C, which hosts eight open-cut mining areas alone. The company also has an operating 85 percent interest in the Newman iron operations.
2. Brazil
Usable iron ore: 440 million metric tons
Iron content: 280 million metric tons
In Brazil, iron production totaled 440 million metric tons of usable iron ore in 2024.
The largest iron ore districts in the country are the states of Pará and Minas Gerais, which together account for 98 percent of Brazil’s annual iron ore output. Pará is home to the largest iron ore mine in the world, Vale’s (NYSE:VALE) Carajas mine. Headquartered in Rio de Janeiro, Vale is the world’s biggest producer of iron ore pellets.
Vale announced plans in February 2025 to make significant investments in increasing its production at Carajas by 13 percent through 2030.
3. China
Usable iron ore: 270 million metric tons
Iron content: 170 million metric tons
China’s iron production amounted to 270 million metric tons of usable iron ore in 2024. The Asian nation is the world’s largest consumer of iron ore, despite being the third largest iron-producing country.
China’s top producing iron ore mine is the Dataigou iron mine in Laioning province, with production of 9.07 million metric tons in 2023. The underground mine is owned by Glory Harvest Group Holdings.
With China being the world’s largest producer of stainless steel, its domestic supply is not enough to meet demand. The country imports over 75 percent of global seaborne iron ore as of mid-2025.
3. India
Usable iron ore: 270 million metric tons
Iron content: 170 million metric tons
India’s iron production for 2024 totaled 270 million metric tons of usable iron ore, tying for third place with China.
India’s largest iron ore miner, NMDC (NSE:NMDC), operates the Bailadila mining complexes in Chhattisgarh state and the Donimalai and Kumaraswamy mines in Karnataka state. NMDC hit a production milestone in 2021 of 40 million metric tons per year, the first such company to do so in the country. NMDC is targeting an annual production rate of 100 million metric tons by 2030.
5. Russia
Usable iron ore: 91 million metric tons
Iron content: 53 million metric tons
Russia’s iron ore production came in at 91 million metric tons in 2024, making it the fifth largest iron-producing country in the world.
The region of Belgorod Oblast is home to two of the country’s biggest iron ore producing mines: Metalloinvest’s Lebedinsky GOK, which in 2023 produced an estimated 22.05 million metric tons of iron ore; and Novolipetsk Steel’s Stoilensky GOK, which that same year produced an estimated 19.56 million metric tons of iron ore.
In response to serious economic sanctions on the country over its aggressive war against Ukraine, Russia’s iron ore exports fell dramatically in 2022 to 84.2 million metric tons from 96 million metric tons in the previous year. Together, these two countries previously accounted for 36 percent of global iron or non-alloy steel exports. The European Union has restricted imports of Russian iron ore.
Last year, imports of iron ore from Russia to the EU seemingly fell off a cliff, dropping from 332,300 tons to 9,360 tons.
6. Iran
Usable iron ore: 90 million metric tons
Iron content: 59 million metric tons
Iran surpassed 90 million metric tons in iron production in the form of usable iron ore in 2024. The country’s iron output has been on the rise in recent years — now in sixth place, it was the eighth highest iron producer in 2022 and the 10th in 2021.
One of Iran’s most important iron ore mines is Gol-e-Gohar in Kerman province, which is also the country’s top producer. During the March 2024 to January 2025 period, the country’s major mining companies’ combined iron pellet production reportedly increased by 7 percent year-over-year.
The country’s iron mines are supplying its steel industry, which produced 31 million MT of steel in 2024. In its 20 year roadmap released in 2005, the Iranian government set an annual steel production target of 55 million MT by 2025. To better meet the requirements of domestic steel producers, Iran began levying a 25 percent duty on iron ore exports in September 2019. The exact rate has changed multiple times since, and in February 2024 the country cut duties on these products significantly.
7. South Africa
Usable iron ore: 66 million metric tons
Iron content: 42 million metric tons
South Africa’s iron production was 66 million metric tons of usable iron ore in 2024. The country’s output has declined significantly in the past few years, down from 73.1 million MT three years earlier. South Africa’s mining industry is grappling with transport and logistics issues, most notably due to railway maintenance challenges.
Kumba Iron Ore is Africa’s largest iron ore producer. The company has three main iron ore production assets in the country, including its flagship mine, Sishen, which accounts for a large majority of Kumba’s total iron ore output. Anglo American (LSE:AAL,OTC Pink:AAUKF) owns a 69.7 percent share of the company.
8. Canada
Usable iron ore: 54 million metric tons
Iron content: 32 million metric tons
Canada’s iron production totaled 54 million metric tons of usable iron ore in 2024. In June of that year, the Canadian government updated the nation’s Critical Minerals List ‘to include high-purity iron, citing the necessity of that mineral’s role in decarbonization throughout the steel supply chain,’ according to the USGS.
Champion Iron (TSX:CIA) is one company producing iron ore in Canada. It owns and operates the Bloom Lake complex in Québec. Champion Iron ships iron concentrate from the Bloom Lake open pit by rail, initially on the Bloom Lake Railway, to a ship loading port in Sept-Îles, Québec. A Phase 2 expansion, which entered commercial production in December 2022, increased annual capacity from 7.4 million metric tons to 15 million metric tons of 66.2 percent iron ore concentrate.
As of 2025, Champion is investing in upgrading half of its Bloom Lake mine capacity to a direct reduction quality pellet feed iron ore with up to 69 percent iron.
9. Ukraine
Usable iron ore: 42 million metric tons
Iron content: 26 million metric tons
Ukraine’s iron production for 2024 was 42 million metric tons of usable iron ore. The metal represents a key segment of the country’s economy. Metinvest and ArcelorMittal (NYSE:MT) are the leading producers of iron ore in the nation.
Despite the ongoing war, Ukraine’s iron ore mining industry has proved as resilient as the people, even though there have been temporary shutdowns. However, 2025 looks to be turning into a particularly hard year. In the January through April period, iron ore exports decreased by 20.9 percent in value terms and by 10.2 percent in physical volumes year-over-year. GMK Center predicted in May that by the end of this year, ‘Ukraine’s iron ore exports will decline by about 20% y/y to 27 million tons from 33.6 million tons in 2024.’
10. Kazakhstan
Usable iron ore: 30 million metric tons
Iron content: 9.2 million metric tons
Kazakhstan’s iron production came in at 30 million metric tons of usable iron ore in 2024.
Kazakhstan has several iron ore mines in operation, with four of the top five owned by Eurasian Resources Group. The largest of these iron ore mines is the Sokolovsky surface and underground mine located in Kostanay. In 2023, it produced an estimated 7.52 million tonnes per annum of iron ore.
The Sokolov-Sarybai Mining Production Association (SMPA) in Northern Kazakhstan was the main supplier of iron ore to Russia’s Magnitogorsk Iron and Steelworks prior to the country’s invasion of Ukraine. Since then, the SMPA has halted iron ore shipments to Magnitogorsk.
Securities Disclosure: I, Melissa Pistilli, hold no direct investment interest in any company mentioned in this article.
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Questcorp Mining Inc. (CSE: QQQ,OTC:QQCMF) (OTCQB: QQCMF) (FSE: D910) (the ‘Company’ or ‘Questcorp’) is pleased to announce they have completed 25% of the planned drilling program on its La Union Project in northwest Sonora, Mexico. This work is being carried out by property vendor and operator Riverside Resources Inc. (TSXV: RRI).
Highlights
- The Company has completed 300 metres of the planned drill program of 1200 to 1500m.
- Drilling to test the carbonate-hosted replacement deposit (CRD) style of mineralization, with gold associated with mantos, chimneys, and along structural zones.
- Angled drill holes are aimed at cutting perpendicular to stratigraphic targets and some structural targets which is typical in CRD systems
- Structural features may have served as mineralizing conduits and are key targets in the current drill program.
Questcorp is capitalizing on the recent exploration work over the past three months by Riverside that improved the understanding of the structural geology and stratigraphy that is guiding current exploration efforts at La Union. The exploration target focus is for a large potential gold discovery that expands from previous smaller scale mine operations on the property. The drill program will begin to test the new concepts and expand past previous mining.
Saf Dhillon, President & CEO states, ‘Questcorp is pleased with the progress being made at this first ever drill program at La Union. The Riverside team has been able to work throughout these hot summers months to enable the successful completion of this Maiden drill.
Earlier this year, Questcorp entered into a definitive option agreement with Riverside’s wholly owned subsidiary, RRM Exploracion, S.A.P.I. DE C.V. to acquire a 100% interest in the La Union Project. As part of the agreement, Questcorp issued shares to Riverside, making Riverside a shareholder and aligning both parties’ interests in the Project’s success. With funding provided by Questcorp, an initial C$1,000,000 exploration program is now underway. This marks the first phase of a larger, C$5,500,000 work commitment, contingent on exploration results and Questcorp’s continued participation.
The Drill Program Targets include more than four different areas, beginning with this early-stage stratigraphic and orientation phase of drilling exploration aimed at evaluating the scale of alteration and indications of a mineralized system. This will be the first drilling ever conducted on most of the targets, despite past mining having occurred in the majority of these areas. The initial program will consist of one to three holes per area, primarily for orientation purposes. Follow-up drilling is planned and can be expanded based on initial results, which will help verify the stratigraphy, lithologies, and structural features allowing for improved modeling and next-stage discovery targeting. The four areas are listed below:
- Union Main Mine Area – The program will use angled drill holes to test limestone and other carbonate stratigraphic hosts within the Clemente Formation, with the potential to reach the underlying Caborca Formation. These units are considered the primary hosts for replacement-style mineralization.
- North Union Mine Area – The initial focus of the program will be on testing structural interpretations. Additional drilling is anticipated following this first phase, as results will help guide future drill testing of areas with past mining activity and various structural orientations.
- Cobre Mine Area – The Clemente Formation is the primary host unit, and structural features combined with areas of past mining provide multiple target zones. Drilling will begin with an initial stratigraphic test hole to help orient around the thickness of the host unit and extend into the lower Caborca Formation, which is also a favorable host for CRD-style mineralization.
- Central Union Area – Structural targets, as possible mineralization feeder zones, are a key focus in this past mining manto area. There are extensive additional target zones in the area, and this initial orientation drilling will provide vectoring for the next stage of drilling and further study of the Clemente Formation, and possibly into the Caborca Formation as currently interpreted.
General Overview of La Union Project
The Project is summarized in a recently published NI 43-101 Technical Report available under Questcorp’s SEDAR+ profile (www.sedarplus.ca). Riverside initially acquired the Project and subsequently consolidated additional inlier mineral claims, building a strong land position. Riverside then advanced the Project through surface access agreements and drill permitting, making it a turn-key exploration opportunity for Questcorp.
The Project was originally identified through Riverside’s exploration work in the western Sonora Gold Belt, conducted in collaboration with AngloGold Ashanti Limited, Centerra Gold Inc., and Hochschild Mining Plc. Earlier research by Riverside Founder John-Mark Staude also contributed to recognizing the district’s potential. Initial work by members of the Riverside team, drawing on more than two decades of geological compilation and analysis, further confirmed the region as highly prospective.
At the Project, historical mining by the Penoles Mining Company targeted chimney and manto-style replacement bodies within the upper oxide zones. As a result, the underlying sulfide zones represent immediate and compelling drill targets for further exploration.
At the La Union Project, immediate drill targets offer the potential for significant-scale discoveries. La Union is well positioned for near-term exploration success, with targets that include both oxide and deeper sulfide mineralization.
The La Union Project
The La Union Project is a carbonate replacement deposit (‘CRD’) project hosted by Neoproterozoic sedimentary rocks (limestones, dolomites, and siliciclastic sediments) overlying crystalline Paleoproterozoic rocks of the Caborca Terrane. The structural setting features high-angle normal faults and low-to-medium-angle thrust faults that sometimes served as mineralization conduits. Mineralization occurs as polymetallic veins, replacement zones (mantos, chimneys), and shear zones with high-grade metal content, as shown in highlight grades of 59.4 grams per metric tonne (g/t) gold, 833 g/t silver, 11% zinc, 5.5% lead, 2.2% copper, along with significant hematite and manganese oxides, consistent with a CRD model (see the technical report entitled ‘NI 43-101 Technical Report on the Union Project, State of Sonora, Mexico’ dated effective May 6, 2025 available under Questcorp’s SEDAR+ profile). These targets also demonstrate intriguing potential for large gold discoveries potentially above an even larger porphyry Cu district potential as the Company’s target concept at this time.
Questcorp cautions investors that grab samples are selective by nature and not necessarily indicative of similar mineralization on the property.
The technical and scientific information in this news release has been reviewed and approved by R. Tim Henneberry, P. Geo (BC), a director of the Company and a ‘qualified person’ under National Instrument 43-101 – Standards of Disclosure for Mineral Projects.
About Questcorp Mining Inc.
Questcorp Mining Inc. is engaged in the business of the acquisition and exploration of mineral properties in North America, with the objective of locating and developing economic precious and base metals properties of merit. The Company holds an option to acquire an undivided 100% interest in and to mineral claims totaling 1,168.09 hectares comprising the North Island Copper Property, on Vancouver Island, British Columbia, subject to a royalty obligation. The Company also holds an option to acquire an undivided 100% interest in and to mineral claims totaling 2,520.2 hectares comprising the La Union Project located in Sonora, Mexico, subject to a royalty obligation.
Contact Information
Questcorp Mining Corp.
Saf Dhillon, President & CEO
Email: saf@questcorpmining.ca
Telephone: (604) 484-3031
This news release includes certain ‘forward-looking statements’ under applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements with respect to Riverside’s arrangements with geophysical contractors to undertake orientation surveys and follow up detailed survey to confirm and enhance the drill targets. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include but are not limited to: the ability of Riverside to secure geophysical contractors to undertake orientation surveys and follow up detailed survey to confirm and enhance the drill targets as contemplated or at all, general business, economic, competitive, political and social uncertainties, uncertain capital markets; and delay or failure to receive board or regulatory approvals. There can be no assurance that the geophysical surveys will be completed as contemplated or at all and that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/262984
News Provided by Newsfile via QuoteMedia
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Ukrainian President Volodymyr Zelenskyy will likely opt for a more formal look when he meets with former President Donald Trump in Washington, D.C., on Monday, according to a designer who has previously collaborated with the European leader.
‘Tomorrow he most likely will not appear in a polo,’ Ukrainian designer Elvira Gasanova told Fox News Digital. ‘… I think he will choose a black military suit or a military-style shirt with trousers — perhaps a jacket.’
Having previously come under fire for his informal attire, Zelenskyy is likely to choose ‘a more serious look — though less symbolic,’ according to Gasanova.
‘After the recent ‘no suit’ drama, he will likely approach this question differently,’ she said.
Zelenskyy has at times faced criticism for his informal wardrobe, including during his tense February visit to the Oval Office. That meeting with Trump and Vice President JD Vance escalated into a heated exchange between the three leaders over what ‘cards’ Ukraine holds and whether Zelenskyy has expressed sufficient gratitude to the United States.
‘Why don’t you wear a suit? You’re at the highest level in this country’s office, and you refuse to wear a suit,’ one reporter asked Zelenskyy at the time. ‘… Do you own a suit?’
Unlike many politicians, the Ukrainian president does not have personal stylists, according to Gasanova, who is the founder of Ukrainian fashion brands GASANOVA and DAMIRLI.
Gasanova said she has previously designed clothing items for both Zelenskyy and Ukrainian First Lady Olena Zelenska.
‘We have sent various items to the President’s office — from vyshyvankas and polos to suits,’ she said. ‘There have been only a few fittings with Volodymyr — he simply does not have the time… Besides, it is stressful for him, as his body is constantly changing.’
The pressures of Russia’s full-scale invasion have taken a physical toll on Zelenskyy, leading to weight loss during high-stress periods, while regular training helps him rebuild muscle mass, Gasanova said.
‘At the moment, he is in Brussels, and he will decide for himself what to wear tomorrow,’ she said.
The upcoming meeting follows just days after Trump met with Russian President Vladimir Putin in Alaska on Friday to negotiate an end to the war in Ukraine.
The high-stakes meeting was the first U.S.-Russia summit since June 2021, which was under former President Joe Biden’s administration and only eight months before Putin invaded Ukraine.
The White House and Press Office for Ukrainian President Volodymyr Zelenskyy did not immediately respond to Fox News Digital’s request for comment.
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Ukrainian President Volodymyr Zelenskyy reiterated on Sunday that Kyiv will not surrender any territory to Moscow, pushing back against mounting international speculation about potential land-for-peace negotiations.
‘The constitution of Ukraine makes it impossible to give up territory or trade land,’ Zelenskyy said during a press conference at the European Commission on Sunday.
He added that Russia has repeatedly tried and failed to seize the entirety of the Donbas region in eastern Ukraine for a period of 12 years. The Donbas, which includes Donetsk and Luhansk oblasts, is an industrial hub, with coal mining and steel production central to Ukraine’s economy.
‘Since the territorial issue is so important, it should be discussed only by the leaders of Ukraine and Russia at the trilateral [talks with] Ukraine, United States, Russia,’ Zelenskyy said.
The Ukrainian leader, who spoke alongside EU Commission President Ursula von der Leyen, said that so far the Kremlin has ‘given no sign that the trilateral will happen.’
‘With regards to any territorial questions in Ukraine, our position is clear: international borders cannot be changed by force. These are decisions to be made by Ukraine and Ukraine alone, and these decisions cannot be taken without Ukraine at the table,’ von der Leyen said.
Their remarks came after Russian President Vladimir Putin’s meeting with U.S. President Donald Trump in Alaska on Friday, during which the Russian leader outlined conditions for ending the war, including demands for control over parts of eastern Ukraine.
Following the meeting with the Russian leader, Trump signaled that Zelenskyy should take Putin’s deal to end the war because ‘Russia is a very big power’ and Ukraine is not. Still, SSecretary of State Marco Rubio dismissed claims that Trump would pressure Zelenskyy to give up large swaths of its sovereign land to Russia.
‘The president has said that in terms of territories, these are things that Zelenskyy is going to have to decide on,’ Rubio told Maria Bartiromo on Fox News’ ‘Sunday Morning Futures.’
‘All the president is trying to do here is narrow down the open issues,’ Rubio said, adding that Trump is focused on ending the Kremlin’s war in Ukraine.
‘You can’t have a peace deal between two warring factions unless both sides agree to give up something. And both sides agree that the other side gets something. Otherwise, if one side gets everything they want, that’s not a peace deal. It’s called surrender. And I don’t think this is a war that’s going to end anytime soon. On the basis of surrender,’ Rubio said.
Zelenskyy said he hopes the upcoming meeting with European allies and Trump ‘will be productive,’ contrasting it with the heated Oval Office exchange during his February visit.
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To paraphrase President Ronald Reagan, I think it’s time to ask: do you honestly feel better off today than you were at the beginning of the year?
In the past few weeks, President Donald Trump cheated at golf in Scotland on the taxpayer dime, announced a $200 million White House ballroom to host his rich donors, finalized a Qatari grift for his new Air Force One, waddled around the White House roof like a lost old man, and talked about how his old pedophile pal Jeffrey Epstein ‘stole’ a 16-year-old spa worker from Mar-a-Lago.
How much of that time did he spend actually focusing on the economy?
On jobs?
On bringing prices down, like he promised to do on day one?
Look, for years, the Trump Industrial Complex has been ruthlessly effective at painting Democrats every which way. I’ll admit, we didn’t do nearly enough to define ourselves before allowing them to define us. In fact, we did some research the other month and found the number one word associated with the Democratic Party was ‘weak.’
Now, I know that’s not the case. We’re the party of the working class, the small business, the farmer. Before leading the DNC, I headed up the Minnesota DFL – and you know what DFL stands for? Democratic-Farmer-Labor.
We’re the party that says, we don’t want to dismantle the VA or fire vets from their jobs, we want the men and women who put their lives on the line for our freedom to be able to find an affordable home or get care after they’ve served. We’re the party that promises, if you’re going to work your butt off for decades, then you shouldn’t have to worry about some snake oil salesman blowing up your Social Security. And now it seems we’re the only party that still believes the Constitution matters.
But it doesn’t matter what I know. It matters what people think. Between now and the midterm elections, our job – my job – is to make the case why your life would be better with Democrats in charge.
Now, you know what else Trump Republicans in D.C. are ruthlessly effective at?
Ruining the country.
Trump thinks the best way to show leadership is through bumper-sticker politics. But while you read his catchy slogans, he drives the car into oncoming traffic.
When he wants to appear tough, he sends the military into U.S. cities.
When he wants to make the economy seem better than it is, he fires economists and pumps fake trade deals.
When he wants to avoid his friendship with the most notorious sex criminal in modern history, he whips up BS scandals about Democrats.
Meanwhile, the latest labor report shows the past three months as the weakest stretch for jobs since COVID-19. America’s small business backbone is being ground into dust. Farmers are shutting down operations. Families are paying more, getting less, and sitting up at night wondering if their job will be there for them next week.
It’s almost as though, since coming into power, Trump and his allies in Congress have done everything possible to stop America from being great.
They caused unnecessary economic tariff chaos and then, with their debt-ballooning budget, followed it up by ripping healthcare and food from those who need basic lifelines to make it through tough times. All to give lucrative tax windfalls to the most extreme elites. The richest of the richest of the rich.
They attacked construction jobs, rural hospitals and nursing homes. They’re raising energy prices, grocery prices, clothing prices, car prices – the list goes on.
And Trump said foreign countries would eat the tariff costs. Nope. You’re eating the costs. No press conference or talking point or billionaire-controlled AI bot can convince your bank account of something that’s not true.
Trump thinks the best way to show leadership is through bumper-sticker politics. But while you read his catchy slogans, he drives the car into oncoming traffic.
The thing is, we all want America to be great.
But Democrats measure greatness by how many people have healthcare, how many families can find childcare that doesn’t break the bank, how many young couples can get keys to their first home, how many people with amazing ideas can turn those ideas into businesses.
Let’s not forget, the Republican Party some of us still remember did big things. We didn’t always agree, and we fought bitterly at times, but at least they tried. They actually invested in stuff that matters to people, like building the interstate highway system, creating NASA, and knocking out polio. Hell, even President Richard Nixon created the EPA to make sure air is clean and water is safe. Now, the Trump administration is greenlighting forever chemicals in your water. These are the people who ran on ‘Make America Healthy Again.’
Nobody should feel like they have to cover for Trump anymore. You deserve better. Plus, he already has a cartoon villain squad covering up for him every day with the Epstein files.
If you’re disillusioned by politics, think that this government is captured by the ultra-elites, or believe the system is broken and screwing you over – you’re right.
If you’re sick of the status quo, looking to break from the establishment, and end rigged games that protect powerful people, then I’m going to break it to you – you should vote Democrat.
As Democrats, our job isn’t to help Jeff Bezos pay for his $50 million European wedding. It’s to make sure the economy allows you to afford your own wedding, or raise a kid, or get care for aging relatives, or pay the summer A/C bill.
Don’t you wish Republicans in Washington cared about those things too?
They attacked construction jobs, rural hospitals and nursing homes. They’re raising energy prices, grocery prices, clothing prices, car prices – the list goes on.
Look, it’s a damn shame that some people don’t feel like Democrats fight for them anymore.
Here’s my admission: we can’t say to voters that we’re going to fight for them, fight for their families, fight for working people, and then when given the power, do nothing with it.
That has to change. It is changing.
I like to say you don’t need a miracle to grow a spine. You just need a willingness to do what’s right.
I know politics these days feels like a sport. Good guys and bad guys. Winners and losers.
But whether or not families can make it in this country isn’t a sport.
It’s the most serious thing in the world.
Trump doesn’t take that responsibility seriously. I promise, Democrats do.
This post appeared first on FOX NEWS
Ukrainian President Volodymyr Zelenskyy heads into a high-stakes White House meeting with President Donald Trump on Monday, as Washington considers security guarantees for Kyiv and debate intensifies over whether land concessions to Russia could end the war.
Zelenskyy will be flanked by key European allies at the White House, a diplomatic overture that signals Europe’s determination to rally behind Ukraine.
Over the weekend, the Ukrainian leader acknowledged his last White House visit – cut short by a shouting match between Trump and Vice President JD Vance – and told reporters in Brussels he hopes Monday’s meeting ‘will be productive’ rather than a repeat of February’s encounter.
The upcoming meeting comes on the heels of Trump’s summit with Russian leader Vladimir Putin in Anchorage on Friday, where the U.S. leader shifted from demanding a ceasefire to calling for a final peace deal.
Trump’s special envoy Steve Witkoff told CNN that Putin agreed to allow the U.S. to provide Ukraine ‘robust security guarantees.’
‘We got to an agreement that the United States and other European nations could effectively offer Article 5-like language to cover a security guarantee,’ in reference to the critical NATO provision,’ Witkoff said, referencing the military alliance’s mutual defense clause, known as Article 5.
NATO’s Article 5 – the cornerstone of the alliance – stipulates that an attack on one member is an assault on all, obligating allies to come to each other’s defense. The proposed security guarantees for Ukraine would not come through NATO, but rather from select European allies in the event of a Russia-Ukraine peace deal.
Zelenskyy welcomed the revelation during a Sunday press conference alongside European Commission President Ursula von der Leyen.
‘It’s important that America agrees to work with Europe to provide security guarantees for Ukraine, and we are very thankful to the United States under the president for such a signal,’ Zelenskyy said.
‘This is a significant change, but there are no details about how it will work and what America’s role will be, what Europe’s role will be and what the EU can do,’ he added.
‘Impossible to give up territory or trade land’
Over the weekend, Zelenskyy reiterated that his war-weary nation will not surrender any territory to Russia as the Kremlin’s three-and-a-half-year conflict grinds on.
‘The constitution of Ukraine makes it impossible to give up territory or trade land,’ Zelenskyy said during a press conference at the EU Commission on Sunday.
He added that Russia has repeatedly tried and failed to seize the entirety of the Donbas region in eastern Ukraine for a period of 12 years.
The area, which includes Donetsk and Luhansk oblasts, is an industrial hub where coal mining and steel production remain central to Ukraine’s economy. In short, control of Donbas’s mines and factories would hand Moscow powerful leverage over Kyiv’s financial survival.
‘Since the territorial issue is so important, it should be discussed only by the leaders of Ukraine and Russia at the trilateral Ukraine, United States, Russia,’ Zelenskyy said.
The Ukrainian leader, who spoke alongside von der Leyen, said that so far the Kremlin has ‘given no sign that the trilateral will happen.’
‘With regards to any territorial questions in Ukraine, our position is clear: international borders cannot be changed by force. These are decisions to be made by Ukraine and Ukraine alone, and these decisions cannot be taken without Ukraine at the table,’ von der Leyen said.
Following the meeting with the Russian leader, Trump signaled that Zelenskyy should take Putin’s deal to end the war because ‘Russia is a very big power’ and Ukraine is not. Still, Secretary of State Marco Rubio sought to play down speculation that Trump could push Zelenskyy to give up Ukrainian land to Russia as part of a deal to end the war.
‘The president has said that in terms of territories, these are things that Zelenskyy is going to have to decide on,’ Rubio told Maria Bartiromo on Fox News’ ‘Sunday Morning Futures.’
‘All the president is trying to do here is narrow down the open issues,’ Rubio said, adding that Trump is focused on ending the Kremlin’s full-throttle assault on Ukraine.
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President Donald Trump fired off insults toward Sen. Chris Murphy, D-Conn., in a Sunday post on Truth Social in response to the senator’s criticism of his summit with Russian President Vladimir Putin.
The president described Murphy as ‘very unattractive (both inside and out),’ ‘stupid,’ and ‘a lightweight,’ after the senator claimed ‘Putin got everything he wanted’ during an appearance on NBC’s ‘Meet the Press.’
Murphy also described the meeting, which was held to broker peace between Ukraine and Russia, as ‘a disaster,’ ‘an embarrassment for the United States’ and ‘a failure.’
Murphy shared a clip of his appearance on his X account, captioning the video with more criticism of Trump’s meeting with Putin in Alaska on Friday.
‘The Putin-Trump meeting was a disaster, as predicted. Putin got everything he wanted: a photo op legitimizing his war crimes, no ceasefire, and no sanctions or new weapons for Ukraine. Trump’s goal was to keep Putin happy. He succeeded,’ Murphy wrote.
Trump pushed back, asserting in his Truth Social post, ‘The very unattractive (both inside and out!) Senator from Connecticut, Chris Murphy, said ‘Putin got everything that he wanted.’ Actually, ‘nobody got anything,’ too soon, but getting close. Murphy is a lightweight who thinks it made the Russian President look good in coming to America.
‘Actually, it was very hard for President Putin to do so. This war can be ended, NOW, but stupid people like Chris Murphy, John Bolton, and others, make it much harder to do so,’ he added.
Ukrainian President Volodymyr Zelenskyy and seven European leaders will meet with Trump in Washington, D.C. on Monday to continue seeking an end to the Russia-Ukraine war.
‘Big day at the White House tomorrow. Never had so many European Leaders at one time. My great honor to host them!!!’ Trump said in a separate Sunday night post on Truth Social.
In a third post on Sunday, Trump said Zelenskyy ‘can end the war with Russia almost immediately, if he wants to, or he can continue to fight.’
Trump continued, ‘Remember how it started. No getting back Obama given Crimea (12 years ago, without a shot being fired!), and NO GOING INTO NATO BY UKRAINE. Some things never change!!!’
This post appeared first on FOX NEWS
Investor Insight
Prismo Metals presents a compelling investment opportunity with its strategic focus on high-grade precious and base metal exploration in Mexico and Arizona, leveraging advanced technology and maximizing shareholder value through targeted asset development.
Overview
Mexico’s Sinaloa state hosts several prolific silver and gold mines, including McEwen Mining’s (TSX:MUX) El Gallo Complex, Americas Gold and Silver’s (TSX:USA) Cosalá operations and Kootenay Silver’s (TSXV:KTN) Copalito silver-gold project. Between 2012 and 2019, gold production at the El Gallo mine alone totaled 295,000 ounces (oz) and silver production peaked at 142,000 oz. At the Panuco project, Vizsla Silver (TSXV:VZLA) has an indicated resource of 9.5 million tons at grades of 289 g/t silver, 2.41 g/t gold, 0.27 percent lead and 0.84 percent zinc for 155.8 Moz silver equivalent.
Prismo Metals (CSE:PRIZ,OTCQB:PMOMF, FSE:7KU) has made a strategic move to join the list of successful explorers in this region. The company’s leadership team has decades of experience in the Mexican precious metals industry. Director, president, CEO and co-founder Dr. Craig Gibson has been an exploration consultant since 1998 and a director of Beyond Minerals (CSE:BY) Garibaldi Resources (TSXV:GGI).
Prismo Metals has three current exploration projects: Palos Verdes, Los Pavitos and Hot Breccia. The Palos Verdes property covers 22.77 hectares within the historic Panuco-Copala silver-gold district in Sinaloa, well-known for its numerous veins with historical production. While much of the district has been consolidated by Vizsla Resources, the Palos Verdes project is located near the district’s under-explored northeastern limit.
On January 9, 2023, Vizsla Resources acquired aright of first refusal to purchase the Palos Verdes project through a strategic investment agreement with Prismo Metals. Vizsla’s strategic investment consists of a cash payment of $500,000 and the issuance of one million common shares of Vizsla to Prismo. Pursuant to the strategic investment, the two companies formed a technical committee for district-scale exploration of the Panuco silver-gold district consisting of Drs. Gibson and Megaw along with Dr. Jesus Velador, vice president of exploration for Vizsla.
Prismo Metals’ Palos Verdes property includes 700 meters of strike length along the Palos Verdes vein, which has been explored for 250 meters with findings yielding as much as 6.7 grams per ton (g/t) gold and 544 g/t silver from surface and underground sampling. A second vein system may be reflected in a northwest striking alteration zone, offering an additional high-grade exploration target on the property.
In May 2019, the company and ProDeMin entered an option agreement in which Prismo may acquire a 75-percent interest in the Palos Verdes property, and later entered into an agreement to acquire the remaining 25 percent of the property from the original owner. The company conducted a 2,100-meter drill program at Palos Verdes in 2022, designed to test the Palos Verdes vein and a structural intersection with a second vein at depths where it is believed that potential for a large ore shoot is present, similar to the drilling accomplished by Vizsla Silver on their adjacent land package.
Prismo conducted a 15 hole, 2,923-meter drilling program at Palos Verdes in 2023, with the best result being 11,520 silver equivalent (102 g/t gold and 3,100 g/t silver) over 0.5 meters downhole. An alteration study and rock chip sampling program were also conducted and provide evidence that additional mineralization may occur in previously unexplored areas.
The Los Pavitos project is located in the Alamos region of southern Sonora, a well-mineralized area that hosts several active exploration and mining projects. The project consists of one concession covering 5,289 hectares. Early sampling and reconnaissance work has been carried out by previous companies, including Minera Cascabel, and show the presence of high-grade gold assays in at least two target areas.
In 2022 Prismo Metals signed a formal access agreement with Francisco Villa Ejido, the surface owner of the Los Pavitos Project to allow for exploration work and drilling, and completed a mapping, sampling and trenching program in 2023. Thus work paved the way for a first ever drill program at the project in 2023, consisting of 2,370 meters in 25 holes with excellent results.
Prismo acquired the right to earn a 75 percent interest in the Hot Breccia property in early 2023. Hot Breccia lies in the heart of the world-class Arizona copper belt and has historical drilling indicating the potential for a large copper mineralized system.
An airborne Z‐tipper axis electromagnetic (ZTEM) geophysical survey was completed at Hot Breccia. Prismo received assay results for the first batch of samples taken at the project indicating the presence of not only copper mineralization but also gold mineralization associated with gossanous veins and shear zones.
In 2025, Prismo Metals has signed option agreements to acquire100 percent of the historic Silver King and Ripsey mines in Arizona’s prolific Copper Belt, near its flagship Hot Breccia project. Silver King, discovered in 1875, produced nearly 6 million ounces of silver at grades up to 61 oz/t, with later sampling returning up to 644 oz/t silver and 15 g/t gold, indicating high-grade potential and possible antimony mineralization. The Ripsey mine, located 20 kilometers west of Hot Breccia, is an historic gold-silver-copper producer with sampling up to 15.85 g/t gold and 276 g/t silver, yet remains untested by modern exploration.
Company Highlights
- Prismo Metals is an exploration company targeting high-grade silver and gold projects in Mexico, one of the world’s top producers of precious metals, and a large-scale copper project in Arizona, the leading producer of the metal in the US.
- The company’s Palos Verdes property is located in the historic Panuco-Copala silver-gold district in Sinaloa, Mexico and is partly surrounded by ground controlled by Vizsla Silver Corp..
- The Palos Verdes property includes 700 meters of strike length along the Palos Verdes vein, which has yielded 6.7 grams per ton (g/t) gold and 544 g/t silver at the surface.
- The company’s Los Pavitos project is located in the well-mineralized Alamos region of southern Sonora. The project consists of one concession covering 5,289 hectares.
- The Hot Breccia project consists of 1,400 hectares located in the world class Arizona Copper Belt.
- Prismo’s management and advisory team offers decades of experience in the Mexican precious metals industry, including all aspects of exploration and resource development.
- Prismo acquired 100 percent of the Palos Verdes claim and has drilled 6000 meters on the property. The drill results revealed high-grade silver and gold showing multiple discrete quartz vein stages lacing between breccia fragments and showing distinctly differing mineralogy.
- Vizsla Silver Inc. completed a Strategic Investment and owns about 9.9 percent of the company.
- The company also filed on SEDAR an NI 43-101 Technical Report for its Los Pavitos Gold-Silver Project in southern Sonora, Mexico.
Key Projects
Hot Breccia
The Hot Breccia project is Prismo’s latest acquisition located in the heart of the great Arizona Copper Belt, USA and is located 40 km south of the Resolution deposit and 35 km north of the San Manuel / Kalamazoo deposit and is just a few kilometers from the Hayden Smelter. The Hot Breccia property has the same productive geologic units that host high-grade copper skarn mineralization at the adjacent, past-producing Christmas Mine owned by Freeport. Prismo has the option to earn a 75-percent interest in the Hot Breccia project from Infinitum Copper (TSXV:INFI).
The company completed an airborne Z‐tipper axis electromagnetic (ZTEM) geophysical survey at Hot Breccia in 2023 and received assay results for a first batch of samples taken at the project. The results indicate the presence of not only copper mineralization, but also gold mineralization associated with gossanous veins and shear zones. The ZTEM survey identified a priority drill target in a conductive anomaly at depth.
Following the success of the 2023 ZTEM survey, Prismo received permit approval from the Bureau of Land Management for 10 drill pads to allow for drilling to test the prospective stratigraphy below the cover volcanic rock over a wide area. Assay results for samples taken in February 2024 include 5.69 percent copper, 0.24 g/t gold and 32.8 g/t silver.
Earlier in 2024, Prismo Metals engaged Exploration Technologies (ExploreTech) from San Diego, California to apply xFlare, their artificial intelligence (AI)-optimized drill planning solution, to its Hot Breccia project where a number of features suggest well mineralized Arizona-style copper porphyry lies at depth. Prismo is currently planning an initial 5,000 meter drill program at Hot Breccia.
Palos Verdes
The company’s Palos Verdes property is located in Southern Sinaloa, roughly 65 kilometers northeast of Mazatlán. The Palos Verdes concession covers 22.77 hectares and is situated within the historic Panuco-Copala mining district, the largest silver producer in Sinaloa.
History
Mapping and sampling were conducted over the property by ProDeMin. The Palos Verdes vein crops out for about 750 meters along strike and yielded as much as 4.15 g/t gold and 732.7 g/t silver. Before the turn of the century, a 70-meter tunnel was driven along the Palos Verdes vein near the bottom of the Palos Verdes arroyo; a sample of the vein in this adit yielded 6.7 g/t gold and 544 g/t silver. In 2018, ProDeMin completed a diamond drilling program on the property. Notable drill results included 3.75 g/t gold and 1,098 g/t silver for 2.3 meters and 8.42 g/t gold and 2,336 g/t silver for 0.8 meters.
Drilling
The company has undertaken several drill campaigns at the project, and a total of about 6,052 meters have been drilled in 33 holes to date, including five holes drilled by ProDeMin in 2018. Results indicate the presence of a near-surface high-grade ore shoot in the Palos Verdes vein similar to mineralization in the resources defined by Vizsla Silver in the southwestern portion of the district.
The company, in conjunction with its strategic partner Vizsla Silver (TSXV:VZLA), has planned an expanded drill program with new holes to be drilled from Vizsla Silver’s concessions adjacent to the Palos Verdes concession, targeting the proposed extension of the Palos Verdes ore shoot at depth and a possible extension along strike to the northwest. Prismo Metals is planning on initiating this drill program in August, 2024.
Los Pavitos
The company’s Los Pavitos project is located in the Alamos region of Southern Sonora, a well-mineralized area that hosts multiple active exploration and mining projects. Los Pavitos consists of one concession covering 5,289 hectares. Early sampling and reconnaissance work has been carried out by previous companies, including Minera Cascabel. The property’s numerous mines and prospect pits indicate historical interest.
Prismo conducted a reconnaissance surface mapping and sampling at the project in 2022 and early 2023. This program consisted of about 1,500 samples and identified 5 main gold and silver mineralized target areas within several kilometer-scale structural zones. A follow up trenching program consisted of 698 meters in 25 trenches with almost 350 samples taken. A first ever drill program at the project was conducted in 2023, with 2,370 meters completed in 25 holes.
High-grade gold assays were encountered at the Santa Cruz target, with 10.2 g/t gold over 6.6 meters in drill hole LP-SC-23-02. A second gold zone was intersected at Las Auras, with 3.58 g/t gold over 1.15 meters within 3.65 meters carrying 2.33 g/t gold and 87.6 g/t silver.
Management Team
Gordon Aldcorn – President
Gordon Aldcorn brings over 20 years of experience in capital markets and junior public company development. Over the past five years, he has focused on the corporate management of copper and gold exploration projects, with a strong track record of advancing early-stage assets. Committed to responsible mineral exploration and long-term stakeholder engagement, Aldcorn now leads Prismo Metals through a pivotal growth phase, advancing its high-potential projects in Mexico and Arizona, including the flagship Hot Breccia copper project and the Palos Verdes silver project.
Alain Lambert – CEO and Director
Alain Lambert, who co-founded Prismo in 2018, is a lawyer by training and has over 35 years of experience in financing and advising small and medium-sized companies operating in various industries including technology, manufacturing, and the natural resources sector. He has been involved in private and public financings totaling more than $1 billion. He has an extensive network of investors, investment bankers, analysts, and investor relations professionals. Lambert acts as an advisor to public and private companies regarding financings, mergers and acquisitions plans, debt structuring as well as going-public transactions. Throughout his career, Lambert has served as a director and member of the audit committee and governance committee of small and medium-sized private and public companies. He holds a Bachelor of Laws degree (LL.B.) from the University of Montréal and a diploma of collegial studies, specializing in administration from the College Jean-de-Brébeuf in Montréal, Québec.
Craig Gibson – Chief Exploration Officer and Director
Dr. Craig Gibson has extensive experience in the minerals industry. He received his BS (1984) in earth sciences from the University of Arizona and MS (1987) and PhD (1992) in economic geology and geochemistry from the Mackay School of Mines, University of Nevada, Reno. He co-founded Prospeccion y Desarrollo Minero del Norte, S.A. de CV (ProDeMin) based in Guadalajara, Mexico, in 2009. ProDeMin is a consulting firm providing a broad spectrum of exploration-related services to the mining industry and has been involved in several major precious metal discoveries in Mexico. Gibson is also a director of Garibaldi Resources, a Vancouver-based junior exploration company; a certified professional geologist of the American Association of Professional Geologists; and a qualified person under NI 43-101.
Carmelo Marelli – CFO and Secretary
Carmelo Marrelli is the principal of the Marrelli Group, comprising Marrelli Support Services Inc., DSA Corporate Services Inc., DSA Filing Services Limited, Marrelli Press Release Services Limited, Marrelli Escrow Services Inc. and Marrelli Trust Company Limited. The Marrelli Group has delivered accounting, corporate secretarial and regulatory compliance services to listed companies on various exchanges for over twenty years. Marrelli is a chartered professional accountant (CPA, CA, CGA), and a member of the Institute of Chartered Secretaries and Administrators, a professional body that certifies corporate secretaries. He received a bachelor of commerce degree from the University of Toronto. Marrelli acts as the chief financial officer to several issuers on the TSX, TSX Venture Exchange and CSE, as well as non-listed companies, and as a director of select issuers.
Martin Dupuis – Director
Martin Dupuis has over 25 years of experience covering all stages of a project’s life, from exploration through feasibility and engineering studies, construction, mine expansion and operations. Dupuis serves as Vizsla Silver’s chief operating officer. He was instrumental in the oversight and delivery of the company’s maiden resource estimate. Before joining Vizsla Silver, Dupuis was director of geology for Pan American Silver, technical services manager for Aurico Gold, and chief geologist at several other operations.
Jorge Rafael Gallardo-Romero – Director
Jorge Rafael Gallardo-Romero has been a consultant geologist of Cascabel since March 1992. He also acts as Mexico exploration manager of Gainey Capital (since January 2015) and of Minera Goldzone SA de CV (since March 2011). Gallardo-Romero graduated from the University of Sonora with a degree in Geology in 1984.
Maria Guadalupe Yeomans Otero – Director
Maria Yeomans Otero is a geologist who graduated from Universidad de Sonora, Mexico, in 1986, with master’s studies in business administration at the same university. She has been a part of the team at Cascabel since 1992 and is now the office manager. She speaks English fluently and has extensive experience in the administration, legal and commercial relations related to mining.
Louis Doyle – Director
Louis Doyle has over 30 years of experience focused primarily on capital markets and public companies. Since 2016, he has also provided consulting services to private companies seeking listing on Canadian exchanges. Since January 2016, Doyle has been the executive director of Québec Bourse. Between October 1999 and December 2015, he was the vice-president, Montréal of the TSX Venture Exchange. As such, he was responsible for business development and listing activities in the provinces of Québec and Atlantic Canada. During his tenure, he acted as chairman of the TSX Venture listing committee and was a member of the policy committee. Doyle also led the nationwide TSX Venture mentorship program and further acted regularly as a speaker and advisor at conferences and workshops. He also holds directorship roles with two other publicly traded companies. Doyle was granted 150,000 incentive stock options exercisable at $0.165 per share before June 26, 2027. Also, three other directors were each granted 50,000 incentive stock options, exercisable at $0.165 per share before June 26, 2027.
Peter Megaw – Advisor
Dr. Peter Megaw is best known as co-founder of MAG Silver and Minaurum Gold. He and his team are credited with MAG Silver’s Juanicipio discovery in the famous Fresnillo District and Excellon Resources’ Platosa mine. He received his doctorate from the University of Arizona and has more than 35 years of experience exploring silver and gold in Mexico. Megaw is a certified professional geologist by the American Institute of Professional Geologists and an Arizona Registered Professional Geologist. He is the author of numerous scientific publications on ore deposits and is a frequent speaker at academic and international exploration conferences. He was awarded the 2017 Thayer Lindsley Award for the 2003 discovery of the Juanicipio silver deposit in the Fresnillo District, ultimately leading to a further 600 million ounces being identified in the immediate area. Megaw also received the Society of Mining Engineers 2012 Robert M. Dreyer Award for excellence in applied economic geology.
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