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Former Brazilian President Jair Bolsonaro on Sunday attended a public demonstration in Sao Paulo to protest against his ongoing Supreme Court trial in the South American country.

A couple of thousand people gathered on Paulista Avenue, one of the city’s main locations, in a demonstration that Bolsonaro, before the event, called “an act for freedom, for justice.”

Bolsonaro and 33 allies are facing trial over an alleged plot to overturn the 2022 presidential election results and remain in power.

They were charged with five counts related to the plan.

The former president has denied the allegations and claims that he’s the target of political persecution.

He could face up to 12 years in prison if convicted.

“Bolsonaro, come back!” protesters chanted, but the former president is barred from running for office until 2030.

Brazil’s Superior Electoral Court ruled last year that he abused his political power and made baseless claims about the country’s electronic voting system.

This post appeared first on cnn.com

China on Sunday announced it is immediately resuming seafood products imported from some Japanese regions, ending a nearly two-year overall ban imposed due to worries over Japan’s release of treated wastewater from the Fukushima nuclear power plant.

In a notice on Sunday, China Customs said seafood products from 10 prefectures – Fukushima, Gunma, Tochigi, Ibaraki, Miyagi, Niigata, Nagano, Saitama, Tokyo and Chiba – will still be banned from entering the country.

Products from other regions will need health certificates, radioactive substance detection qualification certificates and production area certificates issued by the Japanese government for Chinese customs declarations, the notice said.

Chinese customs authorities said Sunday’s decision was made after no abnormality was detected following long-term international and independent Chinese sampling and monitoring of discharged wastewater.

China banned all imports of Japanese seafood in August 2023, shortly after Tokyo began releasing the treated Fukushima wastewater, prompting a diplomatic and economic backlash.

Sunday’s notice said China will strictly supervise Japanese seafood imports and will take measures if it finds any violations of relevant Chinese laws, regulations and food safety standards.

This post appeared first on cnn.com

Norway’s national lottery has apologized after thousands of players were mistakenly told that they had won large sums in the Eurojackpot draw due to a coding error.

Norsk Tipping receives the prize amounts from Germany in euros, then coverts them to Norwegian kroner. However, it was during the conversion that an error occurred and winnings were multiplied by 100, rather than divided by 100, the company said in a statement Friday.

Norsk Tipping sent messages and push notifications to customers that showed the wrong, inflated winnings, before later issuing a correction.

“Norsk Tipping sincerely apologizes to everyone who was notified of an incorrect prize amount,” it said.

The company blamed the issue on a “manual coding error.”

“No customers have been paid the wrong prize,” it added.

In a separate statement on Saturday, Norsk Tipping CEO Tonje Sagstuen also apologized for the error.

“I am terribly sorry that we have disappointed so many, and I understand that people are angry with us,” said Sagstuen in the statement.

“I have received many messages from people who had managed to make plans for holidays, buying an apartment or renovating before they realized that the amount was wrong,” she said.

“To them I can only say: Sorry! But I understand that it is a small consolation,” added Sagstuen, who later stepped down and was replaced by acting CEO Vegar Strand.

The company then sent out another apology message signed by Strand.

“On Friday evening, thousands of Norwegians were mistakenly told that they had won a large prize in Eurojackpot. This was an error that affected many and which we take very seriously,” it read.

“We deeply regret what has happened, and on behalf of us at Norsk Tipping I would like to apologize to everyone who was affected by this,” said Strand, who added that the company was “working intensively” to make sure that something similar doesn’t happen again.

As no one correctly matched all of the numbers in Friday’s draw, the Eurojackpot has now reached 377 million Norwegian kroner ($37.3 million), with the next draw scheduled to take place on Tuesday.

This post appeared first on cnn.com

A 92-year-old British man has been convicted of murder and rape on Monday, a verdict that brought an end to a cold case that remained unsolved for 58 years.

Ryland Headley was found guilty by the Bristol Crown Court in England of the rape and murder of Louisa Dunne, who was 75 years old when Headley killed her.

Dunne was found dead in her home in Easton, in the suburbs of Bristol, in June 1967. The police determined at the time that she had been raped and died of strangulation and asphyxiation.

The local constabulary launched a major investigation: they took palmprints from 19,000 men, collected 1,300 statements and made more than 8,000 house-to-house calls, the Avon and Somerset Police said in a statement on Monday.

Yet none of it led anywhere, and the case went cold.

It wasn’t until the police began reviewing the case in 2023 that investigators were able to get a full DNA profile of Dunne’s killer from the skirt she was wearing when she died – using technology that was not available at the time of the crime.

That DNA profile was then matched with samples taken from Headley following his arrest for two rapes in 1977, leading to his arrest in November 2024.

“For 58 years, this appalling crime went unsolved and Ryland Headley, the man we now know is responsible, avoided justice,” Crown Prosecuting Solicitor Charlotte Ream said in a statement by the Crown Prosecution Service (CPS).

Headley denied committing the offences, according to the CPS.

20 boxes of evidence reviewed

A partial handprint found at the scene was also re-examined as part of the case review, the CPS said. The print of a part of a palm, between the wrist and the base of the little finger, was discovered on a window at the back of Dunne’s house and was matched to Headley’s hand by four experts.

“Headley never featured in (the) original investigation as he lived outside the area where the house-to-house enquiries were carried out,” senior investigating officer with the Avon and Somerset police, Detective Inspector Dave Marchant, said in a statement.

Marchant said the “extensive and meticulous work” that was done by the officers in the initial investigation paved the way for the police to solve the crime. He said that as part of the re-investigation, 20 boxes of original material were reviewed by the police.

The CPS said that all but one witness in the case have died over the nearly six decades since the crime was committed, but that old statements were read in court as part of the trial.

Headley will be sentenced on Tuesday. Ream said he “faces the prospect of spending the rest of his life in prison.”

The CPS said that Headley’s other offenses were also considered during the trial. While earlier convictions are not automatically admissible in courts in England, the CPS said that the similarities between the Dunne murder and rape and Headley’s two previous convictions for rape were “too great to ignore.”

The CPS said Headley was convicted after pleading guilty of breaking into the homes of two elderly women in Ipswich and raping them. One of the women was in her seventies and the other in her eighties. Their accounts of the attacks to the police at the time were read out to the court.

He was initially sentenced to life imprisonment, but this was reduced following an appeal to a seven-year jail term.

Ream said the verdict on Monday was a “demonstration of the commitment of the CPS, and our partners in the police, to relentlessly pursue justice for the victims of crime, no matter how many years – or decades – have passed.”

But advocacy groups say rape convictions remain low in the UK and the justice process is incredibly slow.

The Office for National Statistics says 71,227 rapes were recorded by police in 2024. According to Rape Crisis, a UK charity, just 2.7% of these cases resulted in charges being brought by the end of 2024.

Official government data shows that it currently takes on average 344 days for the police to charge the suspected offender, 30 days for the CPS to authorise the charge, and 336 days for the court to complete the case.

This post appeared first on cnn.com

The US State Department has revoked the visas of members of Bob Vylan, a British rap punk group who led crowds to chant “death” against the Israeli military at a UK music festival this weekend.

“The (State Department) has revoked the US visas for the members of the Bob Vylan band in light of their hateful tirade at Glastonbury, including leading the crowd in death chants. Foreigners who glorify violence and hatred are not welcome visitors to our country,” Deputy Secretary of State Christopher Landau said in a post on X Monday.

The group was slated to go on a US tour beginning in late October, according to a post on Instagram.

The US State Department has instituted an aggressive visa restriction and revocation policy for alleged support of terrorism and anti-Semitism.

The ban comes after rapper Bobby Vylan took to Glastonbury Festival’s third-biggest West Holts Stage on Saturday, shouting “Free, free Palestine,” before leading crowds to chants against the Israeli military. Video showed the rapper shouting into the mic, “Alright, but have you heard this one though? Death, death to the IDF (Israel Defense Forces).”

The artist also performed in front of a screen that displayed a message which read: “United Nations have called it a genocide. The BBC calls it a ‘conflict,’” referring to the UK’s public broadcaster that showed the festival live.

In a Sunday Instagram post captioned “I said what I said,” Bobby Vylan said he had received “messages of both support and hatred” following the performance.

“Teaching our children to speak up for the change they want and need is the only way that we make this world a better place,” the post read. “As we grow older and our fire possibly starts to dim under the suffocation of adult life and all its responsibilities, it is incredibly important that we inspire future generations to pick up the torch that was passed to us.”

Bob Vylan’s chants at the festival have also prompted outcry among top British officials, and British police are reviewing video footage of their set. UK Prime Minister Keir Starmer said that “there is no excuse for this kind of appalling hate speech.”

The Israeli Embassy in the UK said it was “deeply disturbed” by what it called “inflammatory and hateful” rhetoric at the festival.

On Monday, the BBC admitted that “with hindsight” Vylan’s performance should have been pulled from air during the performance, saying that the corporation “respects freedom of expression but stands firmly against incitement to violence.”

“The antisemitic sentiments expressed by Bob Vylan were utterly unacceptable and have no place on our airwaves,” it added.

This post appeared first on cnn.com

Apple Thursday made changes to its App Store European policies, saying it believes the new rules will help the company avoid a fine of 500 million euro ($585 million) from the EU for violating the Digital Markets Act.

The new policies are a complicated system of fees and programs for app makers, with some developers now paying three separate fees for one download. Apple also is going to introduce a new set of rules for all app developers in Europe, which includes a fee called the “core technology commission” of 5% on all digital purchases made outside the App Store.

The changes Apple announced are not a complete departure from the company’s previous policy that drew the European Commission’s attention in the first place.

Apple said it did not want to make the changes but was forced to by the European Commission’s regulations, which threatened fines of up to 50 million euros per day. Apple said it believed its plan is in compliance with the DMA and that it will avoid fines.

“The European Commission is requiring Apple to make a series of additional changes to the App Store,” an Apple spokesperson said in a statement. “We disagree with this outcome and plan to appeal.”

A spokesperson for the European Commission did not say that Apple was no longer subject to the fine. He said in a statement that the EC is looking at Apple’s new terms to see if the company is in compliance.

“As part of this assessment the Commission considers it particularly important to obtain the views of market operators and interested third parties before deciding on next steps,” the spokesperson said in a statement.

The saga in Brussels is the latest example of Apple fiercely defending its App Store policies, a key source of profit for the iPhone maker through fees of between 15% and 30% on downloads through its App Store.

It also shows that Apple is continuing to claim it is owed a commission when iPhone apps link to websites for digital purchases overseas despite a recent court ruling that barred the practice in the U.S.

Under the Digital Markets Act, Apple was required to allow app developers more choices for how they distribute and promote their apps. In particular, developers are no longer prohibited from telling their users about cheaper alternatives to Apple’s App Store, a practice called “steering” by regulators.

In early 2024, Apple announced its changes, including a 50 cent fee on off-platform app downloads.

Critics, including Sweden’s Spotify, pushed back on Apple’s proposed changes, saying that the tech firm chose an approach that violated the spirit of the rules, and that its fees and commissions challenge the viability of the alternative billing system. The European Commission investigated for a year, and it said on Thursday that it would again seek feedback from Apple’s critics.

“From the beginning, Apple has been clear that they didn’t like the idea of abiding by the DMA,” Spotify said last year.

Epic Games CEO Tim Sweeney, whose company successfully changed Apple’s steering rules in the U.S. earlier this year, accused Apple of “malicious compliance” in its approach to the DMA.

“Apple’s new Digital Markets Act malicious compliance scheme is blatantly unlawful in both Europe and the United States and makes a mockery of fair competition in digital markets,” Sweeney posted on social media on Thursday. “Apps with competing payments are not only taxed but commercially crippled in the App Store.”

The European Commission announced the 500 million euro fine in April. The commission at the time said that the tech company might still be able to make changes to avoid the fine.

Apple’s restrictions on steering in the United States were tossed earlier this year, following a court order in the long-running Epic Games case. A judge in California found that Apple had purposely misled the court about its steering concessions in the United States and instructed it to immediately stop asking charging a fee or commission on for external downloads.

The order is currently in effect in the United States as it is being appealed and has already shifted the economics of app development. As a result, companies like Amazon and Spotify in the U.S. can direct customers to their own websites and avoid Apple’s 15% to 30% commission.

In the U.S., Amazon’s iPhone Kindle app now shows an orange “Get Book” button that links to Amazon.com.

This post appeared first on NBC NEWS

It’s a bittersweet day for Windows users.

Microsoft is scrapping its iconic “blue screen of death,” known for appearing during unexpected restarts on Windows computers. The company revealed a new black iteration in a blog post on Thursday, saying that it is “streamlining the unexpected restart experience.”

The new black unexpected restart screen is slated to launch this summer on Windows 11 24H2 devices, the company said. Microsoft touted the updates as an “easier” and “faster” way to recover from restarts.

The software giant’s blue screen of death dates back to the early 1990s, according to longtime Microsoft developer Raymond Chen.

Travelers walk past screens after a major disruption in Microsoft’s cloud services caused widespread flight cancellations and delays at T3 IGI Airport in New Delhi, India, on July 19.Vipin Kumar / Hindustan Times via Getty Images file

Microsoft also said it plans to update the user interface to match the Windows 11 design and cut downtime during restarts to two seconds for the majority of users.

“This change is part of a larger continued effort to reduce disruption in the event of an unexpected restart,” Microsoft wrote.

The iconic blue screen was seemingly everywhere in July 2024 after a faulty update from CrowdStrike crashed computer systems around the world.

This post appeared first on NBC NEWS

 Nuvau Minerals Inc. (TSXV: NMC) (the ‘Company’ or ‘Nuvau’) is pleased to announce the results of its annual and special meeting of shareholders of the Company (the ‘Meeting’) held on June 26, 2025.

A total of 18,122,588 common shares of the Company (‘Common Shares‘) were represented, in person or by proxy, at the Meeting, representing approximately 35.5% of the total issued and outstanding common shares as of the record date of the Meeting.

All matters presented for shareholder approval at the Meeting were overwhelmingly approved as follows:

  • Peter van Alphen, Ewan Downie, Fariah Mir, Christina McCarthy, Michael Vitton and Steven Bowles were each re-elected as directors of the Company for the ensuing year;
  • Ernst & Young LLP was re-appointed as auditor of the Company for the ensuing year and the directors of the Company have been authorized to fix their remuneration; and
  • the Company’s omnibus equity incentive plan was re-approved by shareholders in accordance with the policies of the TSX Venture Exchange (the ‘Omnibus Plan‘).

The Omnibus Plan was last adopted by shareholders of the Company on August 29, 2024. The Omnibus Plan is a fixed 10% plan and provides for the grant of options, restricted share units, performance share units and deferred share units. The aggregate maximum number of Common Shares reserved for issuance pursuant to the Omnibus Plan is 5,109,999 Common Shares (less any Common Shares reserved for issuance under outstanding awards and under other security-based compensation arrangements of the Company). The Omnibus Plan has received conditional acceptance from the TSX Venture Exchange.

In addition, and further to the Company’s commitment to growing its business within Quebec, the Company is pleased to announce the appointment of Quebec based Steven Bowles as Chair of the board of the directors of the Company effective as of June 27, 2025. Steven Bowles has extensive experience in the Mining & Metals sector, encompassing private equity, private credit, M&A, and projects/operations management. He currently serves as Managing Director at Nebari Partners. Prior to this role, he held the position of Senior Director of investment in natural resources and energy within Investment Quebec’s private equity group.

For more details regarding the matters presented at the Meeting, please refer to the management information circular dated May 26, 2025, which is accessible on SEDAR+ (www.sedarplus.ca) under the Company’s issuer profile and on the Company’s website at www.nuvauminerals.com.

About Nuvau Minerals Inc.

Nuvau is a Canadian mining company focused on the Abitibi Region of Québec. Nuvau’s principal asset is the Matagami Property that is host to significant existing processing infrastructure and multiple mineral deposits and is being acquired from Glencore.

For more information go to our website www.nuvauminerals.com.

For further information please contact:

Nuvau Minerals Inc.
Peter van Alphen
President and CEO
Telephone: 416-525-6023
Email: pvanalphen@nuvauminerals.com

Cautionary Statement on Forward-Looking Information

This news release contains ‘forward-looking information’ within the meaning of applicable Canadian securities legislation based on expectations, estimates and projections as at the date of this news release. Any statement that involves predictions, expectations, interpretations, beliefs, plans projections, objectives, assumptions, future events or performance (often, but not always, using phrases such as ‘expects’, or ‘does not expect’, ‘is expected’, ‘interpreted’, ‘management’s view’, ‘anticipates’ or ‘does not anticipate’, ‘plans’, ‘budget’, ‘scheduled’, ‘forecasts’, ‘estimates’, ‘potential’, ‘feasibility’, ‘believes’ or ‘intends’ or variations of such words and phrases or stating that certain actions, events or results ‘may’ or ‘could’, ‘would’, ‘might’ or ‘will’ be taken, occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information. This news release contains forward-looking information pertaining to, among other things: the Company’s ability to complete the earn-in to acquire the Matagami Property; the Matagami Property holding multiple mineral deposits; and the significance of existing infrastructure at the Matagami Property.

Forward-looking information is not a guarantee of future performance and is based upon a number of estimates and assumptions of management, in light of management’s experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Factors that could cause actual results to differ materially from such forward-looking information are set out in the Company’s public disclosure record on SEDAR+ (www.sedarplus.ca) under the Company’s issuer profile. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward- looking information, whether as a result of new information, future events or otherwise, other than as required by law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/257278

News Provided by Newsfile via QuoteMedia

This post appeared first on investingnews.com

Here’s a quick recap of the crypto landscape for Friday (June 27) as of 9:00 a.m. UTC.

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

Bitcoin and Ethereum price update

Bitcoin (BTC) is priced at US$107,027, trading flat in the last 24 hours. The day’s range for the cryptocurrency brought a low of US$106,709 and a high of US$107,884.

Bitcoin price performance, June 27, 2025.

Chart via TradingView.

Ethereum (ETH) closed at US$2,449.37, trading flat over the past 24 hours. Its lowest valuation on Friday was US$2,402.46 and its highest valuation was US$2,459.96 at the opening bell.

Altcoin price update

  • Solana (SOL) was priced at US$142.26, down 0.6 percent over 24 hours. Its highest valuation as of Friday was US$143.46, and its lowest was US$143.46.
  • XRP was trading for US$2.10, down by 1.3 percent in 24 hours. The cryptocurrency’s highest valuation was US$2.08, and its lowest price on Wednesday was US$2.14.
  • Sui (SUI) is trading at US$2.63, showing an increaseof 1.4 percent over the past 24 hours. Its lowest valuation was US$2.59, and its highest valuation was US$2.67.
  • Cardano (ADA) is priced at US$0.5580, trading flat in the last 24 hours. Its highest valuation as of Friday was US$0.5631, and its lowest was US$0.5496.

Today’s crypto news to know

Trump’s World Liberty adds UK DeFi partner, eyes stablecoin vault

World Liberty Financial, the crypto venture connected to Donald Trump’s family, has secured a partnership with Re7 Capital, a London-based decentralized finance hedge fund, in a bid to scale its USD1 stablecoin.

Backed by up to US$10 million in investment from Hong Kong’s VMS Group, Re7 Capital will work with World Liberty on deploying a stablecoin vault on the Euler and Lista protocols, while also expanding to Binance’s BNB Chain.

VMS Group, a family office for wealthy Hong Kong clients, is making its first crypto move through its stake in Re7.

Meanwhile, the Middle East’s Aqua 1 Foundation disclosed a US$100 million investment into World Liberty tokens, becoming its largest single investor.

UAE’s Aqua 1 buys US$100 million of Trump’s World Liberty Tokens

The Aqua 1 Foundation, a relatively low-profile fund based in the United Arab Emirates, confirmed a US$100 million purchase of World Liberty tokens, linked to Donald Trump’s family-backed crypto initiative.

The tokens, known as $WLFI, function as governance tokens, meaning holders vote on protocol changes but cannot yet freely trade them. World Liberty said it hopes to eventually allow these tokens to become transferable.

The partnership will also help identify and develop blockchain projects across South America, Europe, and Asia. The fund also plans to launch a separate vehicle to advance Middle East digital economic initiatives using blockchain and artificial intelligence.

Despite the investment, Aqua 1 maintains a very minimal online footprint, with only three posts on X and a website registered just weeks ago.

World Liberty says Aqua 1’s teams will support its compliance and expansion efforts going forward.

Bitcoin logs weakest monthly growth despite strong ETF flows

Bitcoin’s performance is stalling despite massive inflows to spot ETFs, pointing to shifting market forces.

The leading crypto asset has climbed just 2 percent for the month, marking its smallest gain since July 2023, even with US$3.9 billion in inflows over recent weeks.

Data shows that whales holding over 10,000 BTC have leaned toward selling, dampening bullish momentum. Smaller wallets have also been net sellers, further pressuring prices as opportunistic traders take profits.

Between January and April, most market participants had offloaded assets until accumulation restarted near US$76,000 in April.

Now, Bitcoin is consolidating with realized profits in the current cycle hitting US$650 billion, higher than last cycle’s $US550 billion.

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

This post appeared first on investingnews.com

Investor Insight

With a clear, discovery-focused strategy, Terra Clean Energy is advancing one of the most unique near-surface uranium opportunities in the Athabasca Basin, targeting rapid resource growth and re-rating potential through continuous exploration, aggressive drilling, and disciplined capital deployment.

Overview

Terra Clean Energy (CSE:TCEC,OTCQB:TCEFF,FSE:C9O0) is unlocking value from its wholly owned South Falcon East project, located in the southeastern Athabasca Basin in Saskatchewan, Canada. The project uniquely positions Terra among uranium juniors due to its shallow mineralization and proximity to world-class infrastructure.

With a historical uranium resource of nearly 7 million lbs (Mlbs) U₃O₈ at Fraser Lakes Zone B, and multiple zones of confirmed mineralization and structural alteration, Terra is targeting an updated NI 43-101 resource in 2025, aiming to significantly grow its asset base. The project’s location along the Way Lake Conductor – a folded, fertile corridor – offers blue-sky potential for additional discoveries.

As global demand for uranium surges due to energy security concerns and the electrification boom (AI, EVs, nuclear baseload), Terra offers investors a rare combination of historical resource foundation, shallow mineralization, and transformational growth potential at a micro-cap valuation.

Company Highlights

  • Unique, Shallow Uranium System: Only micro-cap in the Athabasca Basin advancing a near-surface uranium deposit, with significantly reduced exploration and potential development costs.
  • Pounds-in-the-ground Upside: Historical resource of 6.96 Mlbs U₃O₈ and 5.34 Mlbs ThO₂, with considerable expansion potential from historical and recent drilling.
  • Prime Location: Situated 55 km east of the Key Lake Mill within the prolific Athabasca Basin – home to the world’s highest-grade uranium deposits.
  • Strong Technical Leadership: Led by a team with extensive uranium exploration and capital markets experience, including veterans from Skyharbour Resources and Azincourt Energy.
  • Resource Update Underway: 2024–25 infill and step-out drilling will support an NI 43-101 compliant mineral resource estimate, incorporating higher-grade intercepts from Terra’s 2024 campaign.
  • Re-rating Potential: Market cap under $5 million despite having a historical uranium resource, confirmed mineralized zones, and near-term catalysts.

Key Project

South Falcon East – Fraser Lakes B Deposit

Located in the southeastern margin of the Athabasca Basin, Saskatchewan, South Falcon East is Terra Clean Energy’s flagship project, covering approximately 12,234 hectares of prospective uranium ground. The property lies 55 km east of the historic Key Lake uranium mill and hosts the Fraser Lakes B deposit, which hosts an inferred historical resource of 6.96 Mlb U₃O₈ at 0.03 percent and 5.34 Mlb thorium dioxide (ThO₂) at 0.023 percent, within 10.35 Mt of material using a 0.01 percent U₃O₈ cutoff grade. While this resource is not currently classified under NI 43-101, Terra believes the data is reliable and serves as a robust foundation for continued exploration.

The mineralization is hosted in fractured and altered pegmatites and graphitic pelitic paragneiss, with the uranium accompanied by thorium and elevated concentrations of copper, nickel, vanadium, zinc, bismuth, molybdenum, lead and cobalt. Alteration assemblages include illite, dickite, kaolinite, chlorite, fluorite and hematite; these are classic markers of basement-hosted unconformity uranium systems. This setting, along with widespread clay alteration and structural disruption, mirrors some of the most prolific uranium systems in the basin, including Eagle Point, Millennium and Roughrider.

Fraser Lakes B sits on the central limb of the Way Lake Conductor, a folded EM corridor extending more than 25 km across the project area. This conductor hosts three major fold limbs (West, Central, and East), but only the central limb, where Fraser Lakes B is located, has been materially drilled. The deposit currently exhibits a strike length of approximately 1,400 meters, dipping northwest, and remains open in all directions. A north-northeast-trending fault, known as the T-Bone Lineament, intersects the deposit’s eastern margin, suggesting additional structural complexity and potential uranium conduits along strike.

Historic drilling from 2008 to 2015 by Skyharbour Resources and JNR Resources identified numerous mineralized intervals. Highlights include:

  • 0.165 percent U₃O₈ over 2 m (within a broader 6 m grading 0.103 percent U₃O₈) in FP-15-05.
  • 0.183 percent U₃O₈ over 1 m in WYL-50.
  • 0.242 percent U₃O₈ over 0.5 m in WYL-61.
  • 0.057 percent U₃O₈ over 5.5 m in the same hole.

These results demonstrate multiple stacked mineralized horizons over widths up to 65 m, open to depth and laterally.

In early 2024, Terra’s Phase 1 drill program confirmed the presence of uranium-bearing pegmatites in close proximity to historical intercepts. Hole SF-0059 intersected 13.5 m of mineralization, including 0.07 percent eU₃O₈ over 1.1 m, while SF-0060 returned intervals such as 0.02 percent eU₃O₈ over 1.3 m at 142.15 m. These intercepts confirm the extension of mineralization along strike and at depth from FP-15-05 and support the hypothesis of lateral continuity and stacked mineralized bodies.

Planning for an extensive summer 2025 drill program is underway, which consists of approximately 2,500 meters. The program will test areas identified during the winter 2024 program, where it is interpreted that a north-northwest trending brittle structure, a north dipping structure with strong clay alteration, and mineralized pegmatites with hydrothermal hematite alteration hosted in graphitic pelitic gneiss all intersect.

In addition to Fraser Lakes B, the company is evaluating regional targets such as T-Bone Lake, which has returned values up to 0.055 percent U₃O₈ over 0.9 m and features promising clay alteration and structural complexity similar to known high-grade deposits.

The overarching exploration thesis is that the Way Lake Conductor may host a clustered uranium system, with multiple deposits along its folded structure. Very little drilling has been conducted outside the current Fraser Lakes B footprint, giving Terra significant discovery potential across the entire 25 km strike length.

Management Team

Greg Cameron – President, CEO and Director

A seasoned capital markets professional, Greg Cameron has two decades of experience in business development, strategy and M&A. He is a former senior banker at Canaccord Genuity and Macquarie, and managing director at Colby Capital. He brings transactional and restructuring expertise critical to junior exploration growth.

C. Trevor Perkins – VP, Exploration

A professional geologist, C. Trevor Perkins has a track record in uranium exploration, including major results in the Athabasca Basin. He also serves as VP exploration for Azincourt Energy and has led exploration strategy and drill execution across multiple high-impact programs.

Alex Klenman – Director

Alex Klenman is a veteran junior mining executive with 30+ years’ experience, including uranium-specific roles. He is the CEO and director of Azincourt Energy, and has raised more than $18 million for Athabasca exploration. Klenman brings deep investor relations and financing expertise.

Tony Wonnacott – Director

Tony Wonnacott is a Toronto-based securities lawyer with more than 25 years of experience in capital markets. Instrumental in multiple successful listings and over $1 billion in financings and M&A transactions.

Brian Shin – CFO

Brian Shine is a chartered professional accountant with 15 years’ experience across roles in public companies. He specializes in reporting, risk management and corporate finance.

Jordan Trimble – Technical Advisor

Jordan Trimble is the CEO of Skyharbour Resources and a leading voice in the uranium investment community. He brings global capital markets insight and technical expertise, enhancing Terra’s industry reach and credibility.

This post appeared first on investingnews.com