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The United States appears to be moving closer to joining Israel’s conflict with Iran with a possible strike on the country’s key nuclear facilities – including the Fordow Fuel Enrichment Plant, which is hidden deep inside a mountain.

Days into Israel’s attacks on Iran and its nuclear program, Israeli leaders are waiting to learn whether US President Donald Trump will help them finish the job.

“I may do it, I may not do it. I mean, nobody knows what I’m going to do. I can tell you this, that Iran’s got a lot of trouble and they want to negotiate. And I said, why didn’t you negotiate with me before all this death and destruction,” Trump told reporters at the White House on Wednesday.

Iran experts warn that a US attack on Iran could draw it into a quagmire even more challenging than the wars in Iraq and Afghanistan – a drawn-out confrontation that could last the duration of Trump’s presidency and exact a heavy toll on American lives and resources at Israel’s behest.

Tehran may not be able to sustain a long fight with the US, but it won’t be an easy war for Washington either, he said.

“Iran is a very large country, which means there would be a very large number of targets the United States would have to hit to take out Iran’s ability to strike back,” Parsi said, noting that this would be happening when there isn’t widespread support for a war with Iran in Trump’s own camp.

“Once you open up this Pandora’s box, we have no idea where things go,” Geranmayeh said. “Trump has, in the past, stepped back from the brink of war with Iran, he has the ability to do so again.”

Iran is ‘not one to surrender’

The Islamic Republic already sees the US as complicit in Israel’s attacks on Iran, saying the Israelis are attacking it with American weapons; and some Iranian officials have said that Tehran has already prepared itself for a “full-blown, drawn-out war.”

On Wednesday, Supreme Leader Ayatollah Ali Khamenei said Iran would not back down, a day after Trump called for “UNCONDITIONAL SURRENDER!” in a social media post.

“Let the Americans know that the Iranian nation is not one to surrender, and any military intervention on their part will undoubtedly result in irreparable damage,” Khamenei said in a national address.

Direct US involvement in the conflict could see Iran activate what remains of its proxies across Iraq, Yemen and Syria, which have previously launched attacks on American assets in the region.

Knowing that it can’t outright win a conflict against Israel and the US, experts say Tehran could seek to engage in a war of attrition, where it tries to exhaust its adversary’s will or capacity to fight in a drawn-out and damaging conflict, as it did during the decade-long war it fought with Saddam Hussein’s Iraq in the 1980s.

“The Iranian strategy may end up being just to try to sustain themselves, strike back as much as they can, and hope that Trump eventually tries to cut the war short, as he did in Yemen,” Parsi said.

After months of strikes on Yemen’s Iran-backed Houthi rebels, the US in May struck a ceasefire deal with the group, to Israel’s dismay.

“Here is how Tehran sees a chance of winning such a war of attrition,” Abdolrasool Divsallar, senior researcher at the UN Institute for Disarmament Research, wrote on X. “Benefiting in the long term from its offensive capabilities and exhausting US-Israel combined defense forces.”

“US entrance into this war is a bad and costly decision for everyone,” Divsallar added.

Not the end of the nuclear program

In a Persian language post directed at Trump on X, former Iranian nuclear negotiator Hossein Mousavian, who now lives in New Jersey, called on the president to be a “president of peace,” warning that a strike on Fordow would be both fruitless – as Iran has probably moved some of the advanced centrifuges to other locations – and likely to push Iran to a seek a nuclear bomb.

“With one wrong decision, you may not only be responsible for Iran’s decision to build a nuclear bomb, but also lead the United States into a war whose consequences for the American people will be far more damaging than the US attacks on Afghanistan and Iraq,” Mousavian wrote.

Parsi said if Iran’s nuclear program is destroyed, it could just be a matter of time to build a bomb should the government choose to do so.

“The Iranians have the knowhow and capacity to rebuild everything,” Parsi said. “All it (an attack) does is that it sets it back while dramatically increasing Iran’s motivation to build a nuclear weapon.”

Fordow is seen as the most difficult and sought-after target for Israel in its desire to destroy Iran’s nuclear infrastructure. But what exactly is inside the secretive facility is unclear, Parsi said.

“The main enrichment was taking place in Natanz (nuclear facility). Fordow was doing other things, more research,” he said, adding that it’s not entirely clear where Iran keeps its stockpile of enriched uranium.

Whether a US strike can successfully destroy the complex that is hidden deep in a mountain close to the holy city of Qom also remains unclear.

Fordow’s main halls are an estimated 80 to 90 meters (around 262 to 295 feet) underground – safe from any aerial bomb known to be possessed by Israel.

Yechiel Leiter, Israel’s ambassador to the US, has said that only the US Air Force has the weapon that can destroy the site. But analysts caution that there’s no guarantee that even America’s “bunker buster” bomb – the GBU-57/B, known as the Massive Ordnance Penetrator – could do the job.

Potential radioactive fallout?

Israel’s relentless bombing of Iran and its nuclear facilities has raised regional concern about potential radioactive fallout, which could spread far beyond Iran’s borders should a nuclear plant be struck.

Iran has only one nuclear power plant, located in the southeastern city of Bushehr – and Israel has not targeted it.

Scott Roecker, the vice president for Nuclear Materials Security at the Nuclear Threat Initiative, said there wouldn’t be a major radiation dispersal risk at Fordow “because that enriched uranium is fresh, as we call it in the industry.”

“It’s not been run through a reactor, and so you wouldn’t have radiation spread out over a large area, like you would, for example, if they would bomb Bushehr, the operational nuclear power plant, that would result in the dispersal of a lot of radiation.”

“It’d be localized around the site, and because it’s buried underground too, I don’t know you know how much of that would even be released,” Roecker added.

Behnam Ben Taleblu, a senior director at the Iran program at the Foundation for Defense of Democracies (FDD), a Washington, DC-based pro-Israel think tank, described the potential damage as being a chemical problem – a different kind of fallout than bombing a nuclear reactor.

There would be some concern, he said, but noted the risk is not as large as hitting a live reactor.

This post appeared first on cnn.com

Kraft Heinz said Tuesday that it will remove FD&C artificial dyes from its products by the end of 2027, and will not launch any new products in the U.S. containing those ingredients.

The company said in a release that about 10% of its U.S. items use FD&C colors, the synthetic additives that make many foods more visually appealing. Kraft Heinz brands that sell products with these dyes include Crystal Light, Kool-Aid, MiO, Jell-O and Jet-Puffed, according to a Kraft Heinz spokesperson.

The company removed artificial colors, preservatives and flavors from its Kraft macaroni and cheese in 2016 and its Heinz ketchup has never used artificial dyes, according to Pedro Navio, North America president at Kraft Heinz. It is unclear how removing the dyes will affect the company’s business, as consumers could perceive the products as healthier but also may be less drawn to duller colors.

Cases of Kool-Aid Jammers are stacked at a Costco Wholesale store in San Diego on April 27, 2025.Kevin Carter / Getty Images

The decision follows pressure from the U.S. Food and Drug Administration and Department of Health and Human Services, led by Secretary Robert F. Kennedy Jr., for the food industry to pull back on artificial dyes as part of a larger so-called Make America Healthy Again platform.

The FDA in April announced a plan to phase out the use of petroleum-based synthetic dyes by the end of next year and replace them with natural alternatives. Besides the previously banned Red No. 3, other dyes that will be eliminated include red dye 40, yellow dye 5, yellow dye 6, blue dye 1, blue dye 2 and green dye 2, FDA Commissioner Marty Makary said at the time.

Kennedy said at the time that the FDA and the food industry have “an understanding,” not a formal agreement, to remove artificial dyes. The Health and Human Services secretary discussed removing artificial food dyes during a meeting in March with top food executives from companies including Kraft Heinz, PepsiCo North America, General Mills, WK Kellogg, Tyson Foods, J.M. Smucker and the Consumer Brands Association, the industry’s top trade group.

A spokesperson for Kraft Heinz said on Tuesday that the company looks forward to partnering with the administration “to provide quality, affordable, and wholesome food for all.”

Momentum against food dyes had been building for years. In January, before President Donald Trump and Kennedy took office, the FDA announced a ban on the use of Red No. 3 dye in food and ingested drugs. The dye gives many candies and cereals their bright red color, but is also known to cause cancer in laboratory animals. The FDA allowed Red No. 3 to be used by food manufacturers for years, though the state of California had already banned the dye in 2023.

Kraft Heinz said in the release Tuesday that it has made more than 1,000 recipe changes over the past five years to improve product nutrition.

“The vast majority of our products use natural or no colors, and we’ve been on a journey to reduce our use of FD&C colors across the remainder of our portfolio,” Navio said. “Above all, we are focused on providing nutritious, affordable and great-tasting food for Americans and this is a privilege we don’t take lightly.”

This post appeared first on NBC NEWS

A new king reigns in TV land.

Streaming has officially surpassed broadcast and cable as a share of total television viewing, according to Nielsen data.

In May, streaming accounted for 44.8% of viewership, while broadcast (20.1%) and cable (24.1%) together represented 44.2% of overall people tuning in.

‘While many have expected this milestone to have occurred sooner, sporting events, news and new-season content have kept broadcast and cable TV surprisingly resilient,’ Brian Fuhrer, senior vice president at Nielsen, said in a video for Nielsen’s The Gauge monthly viewership report. ‘The trend, however, has been very consistent.’

While Netflix has boasted the most overall TV use for four years straight, YouTube has now seen four straight months of TV share increase, Nielsen said. The platform, owned by Google and its parent company, Alphabet, boasted the highest share of TV consumption among all streamers in May, with a 12.5% share. Rounding out the top five were Netflix, Disney-owned platforms including ESPN and Hulu, Amazon’s Prime Video, and the Roku Channel.

The three largest so-called free, ad-supported services, or FAST channels — Paramount’s Pluto TV, the Roku Channel and Fox’s Tubi — combined for 5.7% of total TV viewing in May, more than any individual broadcast network.

Streaming’s overall share is likely to remain neck and neck with traditional TV viewership for some time before it eventually surpasses it permanently in the near future, Nielsen said.

This post appeared first on NBC NEWS

Follow along with Frank as he presents the outlook for the S&P 500, using three key charts to spot bullish breakouts, pullback zones, and MACD signals. Frank compares bearish and bullish setups using his pattern grid, analyzing which of the two is on top, and explains why he’s eyeing SMCI and AMD as potential trades. From there, he wraps the show with a look at some ETF plays.

This video originally premiered on June 17, 2025.

You can view previously recorded videos from Frank and other industry experts at this link.

Fully-Funded 4,000 Meter Program with Planned Upsize to Boost High-Grade Silver and Critical Minerals

Silver47 Exploration Corp. (TSXV: AGA) (OTCQB: AAGAF) (‘Silver47’ or the ‘Company’) is pleased to announce the commencement of a fully-funded drill program at Silver47’s wholly-owned Red Mountain VMS Project in south-central Alaska.

Highlights

  • Drilling Commences at Red Mountain: A core drilling rig is now fully operational at the Red Mountain project in Alaska, actively advancing the first hole of Silver47’s 2025 summer exploration program.

  • Targeting High-Impact Resource Growth: The program focuses on expanding the inferred 168.6 million silver equivalent ounce resource (336 g/t AgEq*) at Dry Creek and West Tundra Flats (see Table 1), where previous drilling by Silver47 and prior operators indicates significant expansion potential.

  • High-Grade Precious Metals Potential: The 2025 program targets untested areas near historical high-grade intercepts, prioritizing areas richer in silver and gold to enhance Red Mountain’s resource base.

  • Strategic Critical Minerals Focus: Red Mountain hosts five critical minerals scarce in the U.S., including zinc, copper, tin, antimony and gallium, which will be evaluated during this program to support domestic supply chain security.

  • Upsized Program on the Horizon: Closing of Summa Silver’s oversubscribed $6.9 million subscription receipt financing was completed on June 17th, paving the way for a substantial expansion of the current drilling campaign when the Silver47 and Summa Silver merger is complete.

Gary Thompson, CEO of Silver47, stated: We are excited to kick off a significant drill program at our Red Mountain silver-gold-rich VMS project with a view to expanding the resource base and making new discoveries. The results from previous drill holes, including DC24-106, WT24-33 and DC18-77, demonstrate the robust nature of the Bonnifield district, where Red Mountain is located, and we are eager to build on these successes. This year is shaping up to be transformational for the Company with a full season of drilling and the pending merger with Summa Silver.’

Highlights from Previous Drilling (see news releases dated November 21 and 26, 2024 and February 12, 2025):

  • DC24-104: 15.24 m grading 546 g/t AgEq* plus 290 g/t antimony (‘Sb’) and 32 g/t gallium (‘Ga’) from 14.3 m depth

(AgEq: 106 g/t silver, 0.45 g/t gold, 6.4% zinc, 2.2% lead, and 0.19% copper)

  • DC24-105: 22.32 m grading 601 g/t AgEq plus 503 g/t Sb and 54 g/t Ga from 18.9 m

(AgEq: 150.6 g/t silver, 0.82 g/t gold, 5.9% zinc, 2.6% lead, and 0.13% copper)

  • WT24-33: 2.90 m grading 1,079 g/t AgEq plus 920 g/t Sb and 15 g/t Ga from 121.70 m depth

(AgEq: 418 g/t silver, 0.74 g/t gold, 9.1% zinc, 4.7% lead, 0.105% copper)

  • DC18-77: 4.26 m grading 2,003 g/t AgEq plus 4,432 g/t Sb and 97 g/t Ga 168.8 m depth

(AgEq: 1,435 g/t silver, 2.2 g/t gold, 4.8% zinc, 2.3% lead, 0.5% copper)

*Notes: g/t=grams per tonne; AgEq=silver equivalent; ZnEq=zinc equivalent; m=metres; Ag=silver; ‎Au=gold; Cu=copper; Zn=zinc; Pb=lead; 1ppm=1 g/t. Equivalencies are calculated using ratios with metal prices of US$2,750/tonne Zn, US$2,100/tonne Pb, US$8,880/tonne Cu, US$1,850/oz Au, and US$23/oz Ag and metal recoveries are based on metallurgical work returned of 90% Zn, 75% Pb, 70% Cu, 70% Ag, and 80% Au. Silver Equivalent (AgEq g/t) = [Zn (%) x 47.81] + [Pb (%) x 30.43] + [Cu (%) x 119] + [Ag (g/t) x 1] + [Au (g/t) x 91.93]

Figure 1. Dorado Drilling at the 2025 season’s first drill hole at the Red Mountain Project.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10967/255876_16e7ead07418ca15_002full.jpg

Figure 2. Map of the Dry Creek and West Tundra Flats Deposits.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10967/255876_16e7ead07418ca15_003full.jpg

Table 1: Combined Open Pit and Underground Inferred Mineral Resource Estimate for the Red Mountain Project, Alaska 

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10967/255876_16e7ead07418ca15_004full.jpg

  1. The 2024 Red Mountain MRE was estimated and classified in accordance with the Canadian Institute of Mining, Metallurgy and Petroleum (‘CIM’) ‘Estimation of Mineral Resources and Mineral Reserves Best Practice Guidelines’ dated November 29, 2019, and the CIM ‘Definition Standards for Mineral Resources and Mineral Reserves’ dated May 10, 2014.
  2. Mr. Warren Black, M.Sc., P.Geo. of APEX Geoscience Ltd., a QP as defined by NI 43-101, is responsible for completing the 2024 Mineral Resource Estimate, effective January 12, 2024.
  3. Mineral resources that are not mineral reserves have not demonstrated economic viability. No mineral reserves have been calculated for Red Mountain. There is no guarantee that any part of the mineral resources discussed herein will be converted to a mineral reserve in the future.
  4. The estimate of mineral resources may be materially affected by environmental, permitting, legal, title, market, or other relevant factors.
  5. The quantity and grade of reported Inferred Resources is uncertain, and there has not been sufficient work to define the Inferred Mineral Resource as an Indicated or Measured Mineral Resource. It is reasonably expected that most of the Inferred Mineral Resources could be upgraded to Indicated Mineral Resources with continued exploration.
  6. All figures are rounded to reflect the relative accuracy of the estimates. Totals may not sum due to rounding. Reported grades are undiluted.
  7. A standard density of 2.94 g/cm³ is assumed for mineralized material and waste rock. Overburden density is set at 1.8 g/cm³. For mineralized material blocks with iron assays close enough to estimate an iron value for the block, density is calculated using the formula: density (g/cm³) = 0.0553 * Fe (%) + 2.5426.
  8. Metal prices are US$2,750/tonne Zn, US$2,100/tonne Pb, US$8,880/tonne Cu, US$1,850/oz Au, and US$23/oz Ag.
  9. Recoveries are 90% Zn, 75% Pb, 70% Cu, 70% Ag, and 80% Au.
  10. ZnEQ (%) = [Zn (%) x 1] + [Pb (%) x 0.6364] + [Cu (%) x 2.4889] + [Ag (ppm) x 0.0209] + [Au (ppm) x 0.1923]
  11. AgEQ (ppm) = [Zn (%) x 47.81] + [Pb (%) x 30.43] + [Cu (%) x 119] + [Ag (ppm) x 1] + [Au (ppm) x 91.93]
  12. Open-pit resource economic assumptions are US$3/tonne for mining mineralized and waste material, US$19/tonne for processing, and 48° pit slopes.
  13. Underground resource economic assumptions are US$50/tonne for mining mineralized and waste material and US$19/tonne for processing.
  14. Open-pit resources comprise blocks constrained by the pit shell resulting from the pseudoflow optimization using the open-pit economic assumptions.
  15. Underground resources comprise blocks below the open-pit shell that form minable shapes. They must be contained in domains of a minimum width of 1.5 m at Dry Creek or 3 m height at West Tundra Flats. Resources not meeting these size criteria are included if, once diluted to the required size, maintain a grade above the cutoff.
  16. Global AgEq calculated using component metal grades: 3.41% Zn, 1.39% Pb, 0.17% Cu, 71.4 g/t Ag, 0.43 g/t Au.

Red Mountain Project Overview

Red Mountain, situated in south-central Alaska, is a high-grade volcanogenic massive sulfide (VMS) deposit wholly owned by Silver47 Exploration Corp. Hosted within the Devonian to Mississippian-aged Totatlanika Schist, the deposit comprises submarine volcanic and volcaniclastic rocks, primarily felsic to intermediate tuffs and flows, ideal for VMS mineralization. The project hosts an inferred resource of 168.6 million silver equivalent ounces at 336 g/t AgEq across the Dry Creek and West Tundra Flats deposits, with high-grade silver, gold, zinc, lead, and copper as reported in the NI 43-101 Technical Report dated January 12, 2024. Of particular importance, both Dry Creek and West Tundra Flats remain open to expansion. Beyond precious and base metals, Red Mountain contains critical minerals-antimony, gallium, zinc, copper, and tin-scarce in the U.S., supporting national supply chain security goals.

The broader Red Mountain property, spanning over 630 square kilometers, remains substantially underexplored. Airborne magnetic and electromagnetic surveys have identified multiple untested targets within the Totatlanika Schist’s favorable stratigraphy. These targets, coupled with coincident high-grade mineralized rock samples and anomalous soil geochemistry, suggest strong potential for discovering additional VMS and sedimentary exhalative deposits across the property, positioning Red Mountain as a district-scale opportunity.

Qualified Person

Mr. Alex S. Wallis, P.Geo., is Vice President of Exploration for Silver47 who is a ‘qualified person’ as defined by National Instrument 43-101. Mr. Wallis has verified the data disclosed in this press release, including the sampling, analytical and test data underlying the technical information and has approved the technical information in this press release.

About Silver47 Exploration

Silver47 Exploration Corp., wholly-owns three silver and critical metals (polymetallic) exploration projects in Canada and the US. These projects include the flagship Red Mountain Project in southcentral Alaska, a silver-gold-zinc-copper-lead-antimony-gallium VMS-SEDEX project. The Red Mountain Project hosts an inferred mineral resource estimate of 15.6 million tonnes at 7% ZnEq or 335.7 g/t AgEq, totaling 168.6 million ounces of silver equivalent, as reported in the NI 43-101 Technical Report dated January 12, 2024. The Company also owns the Adams Plateau Project in southern British Columbia, a silver-zinc-copper-gold-lead SEDEX-VMS project, and the Michelle Project in the Yukon Territory, a silver-lead-zinc-gallium-antimony MVT-SEDEX project. For detailed information regarding the resource estimates, assumptions, and technical reports, please refer to the NI 43-101 Technical Report and other filings available on SEDAR+ at www.sedarplus.ca. The Company trades on the TSXV under the ticker symbol AGA and OTCQB under the ticker symbol AAGAF.

For more information about the Company, please visit www.silver47.ca and see the Technical Report filed on SEDAR+ (www.sedarplus.ca) and titled ‘Technical Report on the Red Mountain VMS Property Bonnifield Mining District, Alaska, USA with an effective date January 12, 2024, and prepared by APEX Geoscience Ltd.’

Silver47 Contact Information
Mr. Gary R. Thompson
Director and CEO
gthompson@silver47.ca

For investor relations
Kristina Pillon
info@silver47.ca
604.908.1695

X: @Silver47co
LinkedIn: Silver47

No securities regulatory authority has either approved or disapproved of the contents of this release. Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

FORWARD-LOOKING STATEMENTS

This release contains certain ‘forward-looking statements’ and certain ‘forward-looking information’ as defined under applicable Canadian securities laws. Forward-looking statements and information can generally be identified by the use of forward-looking terminology such as ‘may’, ‘will’, ‘expect’, ‘intend’, ‘estimate’, ‘upon’ ‘anticipate’, ‘believe’, ‘continue’, ‘plans’ or similar terminology. Forward-looking statements and information include, but are not limited to: closing of the Offering, including the number of Units and FT Units issued in respect thereof; anticipated use of proceeds; expected closing date of the Offering; payment of finder’s fees; ability to obtain all necessary regulatory approvals; insider participation in the Offering; the statements in regards to existing and future products of the Company; and the Company’s plans and strategies. Forward-looking statements and information are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that, while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of the Company to control or predict, that may cause the Company’s actual results, performance or achievements to be materially different from those expressed or implied thereby, and are developed based on assumptions about such risks, uncertainties and other factors set out herein, including but not limited to: the ability to close the Offering, including the time and sizing thereof, the insider participation in the Offering and receipt of required regulatory approvals; the use of proceeds not being as anticipated; the Company’s ability to implement its business strategies; risks associated with general economic conditions; adverse industry events; stakeholder engagement; marketing and transportation costs; loss of markets; volatility of commodity prices; inability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favourable terms; industry and government regulation; changes in legislation, income tax and regulatory matters; competition; currency and interest rate fluctuations; and the additional risks identified in the Company’s financial statements and the accompanying management’s discussion and analysis and other public disclosures recently filed under its issuer profile on SEDAR+ and other reports and filings with the TSXV and applicable Canadian securities regulators. The forward-looking information are made based on management’s beliefs, estimates and opinions on the date that statements are made and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change, except as required by applicable securities laws.

No forward-looking statement can be guaranteed, and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/255876

News Provided by Newsfile via QuoteMedia

This post appeared first on investingnews.com

finlay minerals ltd. (TSXV: FYL) (OTCQB: FYMNF) (‘Finlay’ or the ‘Company’) is pleased to announce the start of the 2025 exploration programs for its PIL and ATTY Properties within the Toodoggone Mining District of Northern British Columbia .  These programs are fully funded under the Earn-In Agreements with Freeport-McMoRan Mineral Properties Canada Inc. (‘Freeport’). Under these agreements, Freeport can earn up to an 80% interest in each property by investing $35 million in exploration expenditures and making cash payments of $4.1 million over a period of six years. ( Reference #1 ).

The exploration programs at PIL and ATTY are designed to best outline and prioritize as many targets as possible for drill testing in 2026. The 2025 programs at both PIL and ATTY will consist of the following activities with Finlay acting as Operator:

  • Detailed, property-wide ,100 metre (‘m’) line-spaced airborne magnetic surveys;
  • extensive induced polarization (‘IP’) geophysical surveys;
  • detailed geological and alteration mapping and expanded rock and soil sampling on up to 8 target areas on the PIL and up to 3 target areas on the ATTY depending on weather and conditions.

The exploration crews are anticipated to arrive on the PIL Property in the coming week and the exploration programs are expected to extend into late August.  Finlay will provide additional updates on the progress and results of the exploration programs as they become available in the coming months.

Finlay’s President and CEO, Ilona Lindsay , states:

The proposed exploration programs for 2025 will permit us to continue to advance these promising projects through systematic exploration,’ says Lindsay.

‘We are excited to build on the successes of previous exploration campaigns, especially given the highly encouraging results seen at the PIL South and in the Wrich area.

Freeport’s expertise and funding significantly enhances our ability to carry out systemic and comprehensive exploration across both properties. This is a transformative opportunity for Finlay Minerals.

PIL Property :

Exploration on the PIL Property will focus on the western Toodoggone porphyry corridor that includes Freeport and Amarc’s newly discovered AuRORA Au-Cu porphyry system, Centerra Gold’s Kemess North and Kemess East Deposits and the former Kemess South Mine – refer to Figure 1 .  Exploration will be prioritized at and around the PIL South Target, working on the theory that the major porphyry centres occur along northeast-southwest trends within this corridor. In 2024, drilling at PIL South intercepted Cu-Au porphyry mineralization.  Other targets on the PIL Property include favorable geological, alteration, and surface geochemical environments with other porphyry indicators such as high-sulphidation systems.

Details of the PIL Property exploration targets can be found in the Company’s PIL Technical Presentation on the Finlay website at www.finlayminerals.com .

ATTY Property :

Exploration work on the ATTY Property will focus on the Wrich target which is adjacent to the SWT target on the Joy Property. The SWT target hosts a >2 kilometre (‘km’) copper geochemical anomaly that is open to the south and extends onto the ATTY Property for another 1.2 km to the southeast.

Details of the ATTY Property exploration targets can be found in the Company’s ATTY Technical Presentation on the Finlay website at www.finlayminerals.com .

Freeport negotiated Earn-In agreements on both the PIL and ATTY Properties whereby Freeport can earn an 80% interest in each property by spending $35 million in exploration expenditures and $4.1 million cash payments of over six years ( Reference # 1) .   Freeport-McMoRan (FCX) is a leading international metals company focused on copper, with major operations in the Americas and Indonesia and significant reserves of copper, gold, and molybdenum.

References:

    Qualified Person:

    Wade Barnes , P. Geo. and Vice President, Exploration for Finlay Minerals and a qualified person as defined by National Instrument 43-101, has approved the technical content of this news release.

    About finlay minerals ltd.

    Finlay is a TSXV company focused on exploration for base and precious metal deposits with five properties in northern British Columbia :

    • The ATTY Property covers 3,875 hectares (‘ ha ‘) of sub-alpine terrain in the southern Toodoggone region. The Toodoggone is a northwest-trending belt of Triassic to Jurassic arc terranes that hosts numerous significant porphyry Cu-Au ± Ag and associated epithermal Au-Ag deposits. The ATTY Property is in between and contiguous to Centerra Gold’s Kemess Project and the JOY Project held by Amarc Resources and Freeport-McMoRan. The ATTY Property’s KEM target has similarities to the Kemess North Trend, which hosts the Kemess Underground and Kemess East deposits.
    • The PIL Property , which covers 13,374 ha in the heart of the Toodoggone region, has numerous porphyry Cu-Au ± Ag targets and associated epithermal Au-Ag mineralization. The PIL Property is neighboured by Amarc Resources and Freeport-McMoRan’s JOY Project and TDG Gold Corporation’s Shasta/Baker and Sofia Properties. The PIL Property is also 25 km northwest of Centerra Gold’s past-producing Kemess South Mine and 15 km east of Thesis Gold’s Lawyers Project.
    • The Silver Hope Property covers 21,322 ha and surrounds the past-producing Equity Silver Mine in the prospective Skeena Arch region of central B.C. The Silver Hope contains the Main Trend which is a >2 km Cu-Ag-Au mineralized trend with mineralization starting at surface.  West of the Main Trend is the West Cu-Mo Porphyry which is also mineralized starting from surface. The Property hosts a network of forestry roads and trails and has all-year access from Houston, BC .
    • The SAY Property covers 26,202 ha and is located 140 km north of Smithers, B.C. The SAY Property is within a 135-km long belt of relatively unexplored Stikine Terrane, with American Eagle Gold’s NAK and Amarc Resources and Boliden Mineral Canada’s DUKE Cu-Mo-Ag-Au porphyry prospects at the southern end, to HDI Quartz Mountain Resources Ltd.’s Jake Project Cu-Au-Ag porphyry discovery at the north end of the belt. The SPUR and SHEL zones are the most advanced targets on the SAY property. The SPUR is a high-grade Cu-Ag structural controlled vein and breccia target extending for 4.3 km with assays up to 15.8% Cu and 993 g/t Ag. The SHEL target area is a Cu-Mo porphyry identified by historic mapping and drilling.
    • The JJB Property covers 15,423 ha 10 km north of the SAY Property.  The JJB Property covers known gossans with associated Cu-Au-Ag geochemical anomalies.

    Finlay trades under the symbol ‘FYL’ on the TSXV and under the symbol ‘FYMNF’ on the OTCQB. For further information and details, please visit the Company’s website at www.finlayminerals.com .

    On behalf of the Board of Directors,

    Robert F. Brown
    Executive Chairman of the Board & Director

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

    Forward-Looking Information: This news release includes certain ‘forward-looking information’ and ‘forward-looking statements’ (collectively, ‘forward-looking statements’) within the meaning of applicable Canadian securities legislation. All statements in this news release that address events or developments that we expect to occur in the future are forward-looking statements.  Forward-looking statements are statements that are not historical facts and are generally, although not always, identified by words such as ‘expect’, ‘plan’, ‘anticipate’, ‘project’, ‘target’, ‘potential’, ‘schedule’, ‘forecast’, ‘budget’, ‘estimate’, ‘intend’ or ‘believe’ and similar expressions or their negative connotations, or that events or conditions ‘will’, ‘would’, ‘may’, ‘could’, ‘should’ or ‘might’ occur. All such forward-looking statements are based on the opinions and estimates of management as of the date such statements are made. Forward-looking statements in this news release include statements regarding, among others, the exploration plans for the PIL & ATTY Properties. Although Finlay believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploration successes, and continued availability of capital and financing and general economic, market or business conditions. These forward-looking statements are based on a number of assumptions including, among other things, assumptions regarding general business and economic conditions, the timing and receipt of regulatory and governmental approvals, the ability of Finlay and other parties to satisfy stock exchange and other regulatory requirements in a timely manner, the availability of financing for Finlay’s proposed transactions and programs on reasonable terms, and the ability of third-party service providers to deliver services in a timely manner. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Finlay does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future or otherwise, except as required by applicable law.

    SOURCE finlay minerals ltd.

    View original content to download multimedia: http://www.newswire.ca/en/releases/archive/June2025/18/c9255.html

    News Provided by Canada Newswire via QuoteMedia

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    Finlay Minerals (TSXV:FYL,OTCQB:FYMNF) is a Vancouver-based explorer targeting copper, gold, and silver in British Columbia’s prolific Stikine Terrane. With a focus on porphyry and epithermal systems, the company leverages strong geological expertise, strategic partnerships, and disciplined capital use to drive discovery and development.

    Finlay Minerals offers a compelling, de-risked exploration opportunity anchored by 2025 earn-in agreements with Freeport-McMoRan, one of the world’s largest copper producers. Freeport is actively funding the advancement of the PIL and ATTY projects in BC’s Toodoggone District, providing a non-dilutive path to unlock value from Finlay’s flagship assets.

    With rising copper and gold prices and operations in one of the world’s safest and most resource-rich jurisdictions, Finlay offers investors exposure to significant upside through smart partnerships and disciplined exploration.

    Company Highlights

    • Strategic Alliance with Freeport-McMoRan: Freeport has committed up to $35 million in exploration spending and $4.1 million in cash payments for an 80 percent interest in Finlay’s PIL and ATTY projects, validating their district-scale potential.
    • Dominant Land Position in the Toodoggone District: PIL and ATTY provide direct exposure to one of BC’s most active copper-gold corridors, adjacent to Centerra’s Kemess complex and Amarc-Freeport’s AuRORA discovery.
    • Unlocking the Bear Lake Corridor: The SAY and JJB properties offer large-scale exploration potential in an underexplored region analogous to major discoveries like American Eagle’s NAK and Amarc’s DUKE.
    • Disciplined Exploration Focus: More than 70 percent of all capital raised has gone directly into the ground, demonstrating Finlay’s capital-efficient approach and scientific rigor.
    • Proven Leadership Legacy: Founded by renowned geochemist John J. Barakso and led by a technically adept team with deep experience in BC exploration.

    This Finlay Minerals profile is part of a paid investor education campaign.*

    Click here to connect with Finlay Minerals (TSXV:FYL) to receive an Investor Presentation

    This post appeared first on investingnews.com

    FinEx Metals Ltd. (TSX-V: FINX) (“FinEx” or the “Company”) is pleased to announce that its common shares will begin trading todayon the TSX Venture Exchange (the “Exchange”) under the symbol FINX. The listing marks a key milestone as FinEx actively advances its 2025 field program across multiple targets in Finland’s Central Lapland Greenstone Belt.

    Tero Kosonen, the Chairman and Chief Executive Officer of FinEx, comments:“Our listing on the Exchange comes at a time when gold’s strategic relevance is growing globally. With a district-scale land position in Finland’s premier gold belt and a steadily advancing field program, FinEx provides its shareholders with exposure to potential discovery-stage exploration projects in a structurally bullish gold environment”.

    2025 Exploration Program Now Underway

    The 2025 field season is fully funded with a $4M treasury and underway with concurrent exploration initiatives across the Ruoppa, Nuuti, Somma and Hangas project areas:

    • Drone magnetic survey covering the Ruoppa, Nuuti, Somma and Hangas projects in June 2025;
    • Soil sampling and bedrock mapping at the Nuuti and Somma projects from June to August 2025;
    • Trenching to target extensions of Ruoppa East and Outamaa mineralization from July to August 2025;
    • Top of Bedrock drilling on the Ruoppa project in July 2025; and
    • Diamond core drilling (approximately 2,500 metres) targeting Ruoppa East mineralization from August to September 2025.

    About the Ruoppa Project

    The Company’s flagship Ruoppa project is situated in the Central Lapland Greenstone Belt in Finland, adjoining Agnico Eagle’s Kittilä mine land position, the largest gold mine in Europe, and in proximity to the land position that hosts Rupert Resources’ recent Ikkari discovery. Previous work by FinEx at Ruoppa identified a series of high-grade gold targets that extend over approximately 2.7 km. High-grade rock grab samples from trenches include 52 samples above 1 g/t Au with the highest value measuring 95.1 g/t Au, within a zone extending over 250 m. Ruoppa is fully permitted for drilling and a first-pass diamond drill program is scheduled for August 2025. For more information on the Ruoppa project, refer to the NI 43-101 Technical Report dated April 14, 2015, as filed on SEDAR+ at www.sedarplus.ca.

    About FinEx Metals Ltd.

    FinEx Metals Ltd. (TSX-V: FINX) is a gold-focused mineral exploration company with a portfolio of 100% owned, royalty free projects near existing mining operations in the Central Lapland Greenstone Belt in Finland. The Company’s flagship Ruoppa project adjoins Agnico Eagle’s Kittilä mine land position, the largest gold mine in Europe, and in proximity to the land position that hosts Rupert Resources recent Ikkari discovery.

    For more information, please visit the Company’s website at www.finexmetals.net.

    FinEx Metals is part of the NewQuest Capital Group, a discovery-driven investment group that builds value through the incubation and financing of mineral projects and companies. Further information about NewQuest can be found on the company website at www.nqcapitalgroup.com.

    Qualified Person

    The scientific and technical information contained in this news release has been reviewed and approved by Dr. Petri Peltonen, MAusIMM(CP), EurGeol, a “Qualified Person” (“QP”) as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects. Dr. Peltonen is not independent by reason of being a Contractor and Shareholder of the Company.

    On Behalf of the Board of Directors

    Tero Kosonen

    Chairman and Chief Executive Officer

    +1 (604) 681-9100

    tero@finexmetals.net

    For further information, please contact:

    Brennan Zerb

    Investor Relations Manager

    +1 (778) 867-5016

    brennan@nqcapitalgroup.com

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

    Forward-Looking Statements:

    This news release includes certain forward-looking statements and forward-looking information (collectively, “forward-looking statements”) within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein including, without limitation, statements regarding the proposed listing on the TSX Venture Exchange, future capital expenditures, exploration activities and the specifications, targets, results, analyses, interpretations, benefits, costs and timing of them, and the anticipated business plans and timing of future activities of the Company, are forward-looking statements. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Often, but not always, forward looking information can be identified by words such as “pro forma”, “plans”, “expects”, “may”, “should”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, “believes”, “potential” or variations of such words including negative variations thereof, and phrases that refer to certain actions, events or results that may, could, would, might or will occur or be taken or achieved. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the forward-looking statements. Such risks and other factors include, among others, risks related to the anticipated business plans and timing of future activities of the Company, including the Company’s exploration plans and the proposed expenditures for exploration work thereon, the ability of the Company to obtain sufficient financing to fund its business activities and plans, the ability of the Company to obtain the required permits, changes in laws, regulations and policies affecting mining operations, the Company’s limited operating history, currency fluctuations, title disputes or claims, environmental issues and liabilities, as well as those factors discussed under the heading “Risk Factors” in the Company’s prospectus dated June 13, 2025 and other filings of the Company with the Canadian Securities Authorities, copies of which can be found under the Company’s profile on the SEDAR+ website at www.sedarplus.ca.

    Readers are cautioned not to place undue reliance on forward-looking statements. The Company undertakes no obligation to update any of the forward-looking statements, except as otherwise required by law.

    Source

    This post appeared first on investingnews.com

    With the profitability of Bitcoin mining tightening after each halving event, miners are actively exploring new revenue streams to ensure they stay viable. A key strategy emerging from this challenge is a pivot toward high-performance computing (HPC) and artificial intelligence (AI) hosting.

    Compared to the volatility of Bitcoin mining, HPC and AI hosting can offer more stable and often higher profit margins.

    While still uneven and experimental, this evolution suggests a broader shift in how mining infrastructure may intersect with the future of energy, as well as digital services.

    Building beyond hashrate: An infrastructure-driven approach

    A report released in June by TheMinerMag, a Bitcoin-mining research firm, shows that the median direct cost of mining is expected to exceed US$70,000 per Bitcoin in the second quarter of this year.

    As mentioned, the increasing use of HPC is one way miners are looking to preserve profitability.

    HIVE Digital Technologies (TSXV:HIVE,NASDAQ:HIVE), the first public crypto-mining company, is one of the clearest examples of this shift. The company has a history of strategically acquiring efficient hardware, including a 2022 deal with Intel (NASDAQ:INTC) for custom Buzzminer application-specific integrated circuits (ASICs). This expertise now underpins its subsidiary, BUZZ HPC, which provides GPU cloud services and infrastructure for HPC and AI.

    Speaking onstage at the Consensus event in Toronto last month, BUZZ HPC President and COO Craig Tavares explained how by taking the core assets used for Bitcoin mining — land and power — the company was able to realize a higher return on investment (ROI) by providing GPU cloud services for HPC workloads.

    “The one thing in the market that we’ve seen right now is a desire to consume more power for traditional data centers, and it’s something that we’re trying to solve, currently and then three to five years out — how to access distribution and generation to hit those ROIs efficiently,” he told the audience.

    Hosting AI workloads offers higher revenue per kilowatt-hour than Bitcoin mining. Tasks like model training command premium pricing, making them more valuable per unit of energy consumed. Bitcoin mining, on the other hand, generates revenue based on the Bitcoin price and ever-increasing competition.

    Bitcoin miners also have an advantage over hyperscalers in the AI infrastructure space. Miners have developed highly efficient and often modular data center designs focused on getting power to compute. Their business model relies on scaling up and down quickly to chase profitability in a volatile market. Dedicated AI data centers are still being built, and much of the existing physical infrastructure isn’t optimized for the demands of modern AI.

    He went on to explain how the company’s strategy is framed around long-term adaptability beyond hashrate, built on optionality and infrastructure flexibility. While ASICs, which are used for Bitcoin mining, are not compatible with AI workloads, HIVE’s history of mining Ethereum tokens allowed the company to seamlessly shift its focus, since it already possessed the advanced GPU infrastructure necessary for the expansion. Miners that need to invest in new GPUs are faced with significant capital expenditures and a potentially long wait.

    “We’ve been able to build where we have high-profitable business,” Holmes said, adding that this success was largely achieved by bringing in Tavares, who has an extensive background in data centers and telecommunications from his time working with Apple’s (NASDAQ:AAPL) Canadian operations. “We (realized that we) needed someone (who) had that unique skill set that was far beyond what our team was doing, so we could really scale.”

    However, as Tavares pointed out, Bitcoin miners face additional challenges when pivoting to HPC, including site suitability, demanding power density and the redundancy required of high-quality telecom infrastructure.

    The power demands of blockchain and AI have also drawn scrutiny. Tavares and Holmes emphasized their respective companies’ commitments to using 100 percent renewable energy to power their data centers.

    “We can deliver green GPUs to the market, and what we’re doing is we’re bridging the gap between AI and sustainability,” Tavares commented. HIVE’s move to Paraguay, which boasts abundant hydroelectric power, has positioned the company to significantly reduce its Bitcoin production cost to under US$50,000 per Bitcoin as it scales to 25 exahashes per second by the end of the year.

    Diversifying energy solutions: Exploring off-grid mining opportunities

    The appeal of underutilized energy sources is growing fast, and the broader trend of the tech industry exploring diverse energy solutions was the topic of another industry panel at Consensus.

    It featured executives from Pow.re, Giga Energy and Soluna (NASDAQ:SLNH).

    Key points included cheaper power but higher operational risks, with renewable energy sources like wind and solar offering significant efficiency, but facing availability issues. The conversation turned to the integration of Bitcoin mining with oil and gas operations, exemplified by Crusoe’s agreement to sell its digital flare mitigation business to financial services firm Nydig, a subsidiary of financial services firm Stone Ridge Holdings.

    “The really interesting thing about the Stone Ridge story, in my eyes, is that it’s an example of Bitcoin mining being a tool to enhance or unlock more value from the core asset,” said Mario Gutierrez, head of business development at Giga Energy, a company providing infrastructure to companies to use flare gas for Bitcoin mining. He argued that while combined energy and mining operations will grow, the primary driver for Bitcoin-mining growth will shift from maximizing Bitcoin output at a low cost to the value Bitcoin miners create by providing flexibility to the energy grid.

    Dipul Patel, Soluna’s CTO, described Bitcoin mining as an ideal consumer of surplus renewable energy.

    He highlighted wind farms, which often produce up to twice as much energy as they can distribute, as a prime example. Bitcoin can serve as a ‘beautiful shock absorber,’ providing a consistent demand for excess power.

    “(That’s) assuming it works,” he pragmatically added, referencing the complexity of multiparty deals and the sophisticated engineering required to ensure minimal power interruptions.

    Soluna co-locates its data centers with renewable power plants to use excess energy for HPC and Bitcoin mining. Its Dorothy 2 project will leverage excess wind energy from farms in Texas for Bitcoin mining and AI applications.

    Pow.re’s Ian Descoteaux predicts that miners will mitigate some of these risks by producing their own electricity, which in turn will increase mining profits. In the meantime, Gutierrez said that presenting Bitcoin mining as a solution for energy producers is crucial for building trust and gaining buy in; he added that this approach is most effective when it involves a deep understanding of core operational and financial challenges, such as emissions costs.

    Gutierrez further suggested that offering energy producers a direct share of Bitcoin-mining revenue or hashrate can create strong alignment, incentivizing them to lend local resources and expertise to minimize downtime, especially for remote operations.

    Investor takeaway

    Bitcoin miners find themselves positioned at the intersection of the energy and digital services sectors.

    Ultimately, this move signals the evolution of a dynamic and adaptive industry that’s poised to play a vital role in the future of technology and sustainability.

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

    This post appeared first on investingnews.com

    Iran has arrested dozens of people on suspicion of spying as fears grow in the Islamic Republic over the extent of its infiltration by Israel’s Mossad intelligence service.

    Since Israeli strikes began Friday, 28 people in the capital have been arrested and accused of spying for Israel, while on Monday, one man arrested on that charge two years ago was hanged in what appeared to be a message to any would-be collaborator.

    The Iranian regime has also arrested scores of people across the country for allegedly sharing articles online “in support of the Zionist regime” – accusing them of disrupting the “psychological security of society” – including 60 people in Isfahan, where Israel claims to have targeted a nuclear site.

    The wave of arrests comes as Tehran reels from the revelation that Mossad operatives smuggled weapons into Iran before Israel’s unprecedented attack and used them to target the country from within.

    So heightened have Iranian suspicions become since then that its Intelligence Ministry has been asking the public to report suspicious activity and issuing guidance on how to spot collaborators.

    One statement from the ministry urges people to be wary of strangers wearing masks or goggles, driving pickup trucks and carrying large bags or filming around military, industrial, or residential areas.

    Elsewhere, a poster published by the state-affiliated Nour News – which is close to Iran’s security apparatus – singled out for suspicion people who wear “masks, hats, and sunglasses, even at night” and those who receive “frequent package deliveries by courier.”

    The poster asks people to report “unusual sounds from inside the house, such as screaming, the sound of metal equipment, continuous banging” and “houses with curtains drawn even during the day.”

    Another poster, attributed to the police and published on state media, advised landlords who had recently rented their homes to notify the police immediately.

    The fears of Israeli penetration only amplify the anxieties felt by the increasingly isolated leadership of the Islamic Republic, which has been rocked in recent years by anti-regime protests sparked by the death of a young woman in the custody of the country’s so-called morality police.

    The same force used to crack down on those protests, the Basij (a paramilitary wing of Iran’s Revolutionary Guard) has been deployed in night patrols to increase “surveillance” in the wake of the Israeli infiltration, according to Iran’s state-controlled media.

    In a video statement Monday, Iran’s chief of police Ahmad-Reza Radan urged “traitors” to come forward, suggesting those who realized they had been “deceived by the enemy” might receive more lenient treatment and be “honored” by Iran – while those who were caught would be “taught a lesson that the Zionist enemy is being given now.”

    The head of Iran’s judiciary Gholam-Hossein Mohseni-Eje’i called for “swift” punishment of those accused of collaborating with Israel.

    “Let’s say we have apprehended someone who is collaborating with (Israel), this matter under these war-like conditions … must be prosecuted swiftly and punished swiftly,” he said.

    The Iranian regime’s rising paranoia comes as more details emerge of the Mossad operation that smuggled weapons into Iran ahead of the first strikes on Friday.

    According to Israeli officials, operatives established a base for launching explosive drones inside Iran, then used those drones to target missile launchers near Tehran.

    Precision weapons were also smuggled in, they say, and used to target surface-to-air missile systems, clearing the way for Israel’s Air Force to carry out more than 100 strikes with upward of 200 aircraft in the early hours of Friday local time.

    Intelligence gathered by the Mossad in Iran also reportedly gave Israel’s Air Force the ability to target senior Iranian commanders and scientists.

    Since then, according to Iranian media outlets, the government has seized equipment allegedly used during the Israeli operation – including 200 kilograms of explosives, several suicide drones, launchers and equipment used to manufacture the drones – in the city of Rey in Tehran province.

    A video published by the state-affiliated Fars News Agency showed a building with drone parts and other equipment.

    This post appeared first on cnn.com