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President Donald Trump said he thinks Israel’s strike on Iran probably improved the chances a U.S.-Iran nuclear deal will come to fruition, according to Axios. 

After an Axios reporter asked Trump whether he thought Israel’s strike jeopardized the administration’s efforts to strike a deal with Iran, the president reportedly responded, ‘I don’t think so. Maybe the opposite. Maybe now they will negotiate seriously.’ 

The president has urged Iran to make a deal ‘before there is nothing left,’ after Israeli Defense Forces began bombing the country’s nuclear and ballistic missile sites.

‘I couldn’t get them to a deal in 60 days. They were close. They should have done it. Maybe now it will happen,’ Trump added in his comments to the Axios reporter. 

Trump withdrew the U.S. from the Joint Comprehensive Plan of Action (JCPOA) nuclear agreement during his first term. The agreement restricted Iran’s development of nuclear weapons, but, in exchange, the U.S. and other countries agreed to ease sanctions against Iran’s economy. 

During former President Joe Biden’s tenure, the U.S. sought to return to the JCPOA, but after years of talks, nothing came to fruition.

Israel ‘prepared’ for further Iranian retaliation, IDF says

Trump has signaled that a deal with Iran is among his top priorities but has repeatedly said the country will not be allowed to have a nuclear weapon. 

Iran has said the U.S. has not respected its right to enrich uranium for non-violent purposes for citizens. Media reports have suggested Trump has signaled an openness to letting Iran continue to enrich uranium for civilian purposes. 

Further nuclear talks between the two powers were scheduled for Sunday, but, after Israel’s attacks, Iran has said it no longer plans to participate in the talks. 

Iranian state media reported that Iran has announced it will be suspending its involvement in the negotiations ‘until further notice.’ 

Fox News Digital has reached out to the White House for further comment. 

This post appeared first on FOX NEWS

Israel’s airstrikes on Tehran, Iran, on Friday morning marked a dramatic escalation in the proxy war between the two regional rivals, reigniting one of the most consequential questions in international security: Just how close was Iran to building a nuclear weapon?

While Israeli experts have warned for years that Iran was enriching uranium at a level that put it ‘weeks away’ from a nuclear weapon, in recent days, there has been a shift. According to Israeli intelligence sources, Iran was on the verge of assembling a crude nuclear device.

Beni Sabti, an Iran expert at the Institute of National Security Studies, told Fox News Digital the threat was urgent and specific: Tehran was pulling its materials together ‘in a secret place near Tehran to make a primitive warhead.’

Gregg Roman, executive director of the Middle East Forum, said that since the Trump administration reinitiated nuclear negotiations, Israel had been collecting fresh intelligence that raised alarm bells.

‘There were a few things that stood out,’ Roman said, referencing activity at the Times Enrichment facility. ‘Iran reactivated an explosives manufacturing line, which could only be used to help that needed nuclear weapon… efforts to put the fissile material into a shape which could be used for a nuclear weapon – that was reactivated as well.’

Roman added that these developments mirrored work Iran halted in 2003, when it froze its military nuclear program. 

Experts believe Iran is enriching uranium to 60%, which puts it just below the 90% needed for a nuclear weapon, and have said there is no civilian use for 60% enriched uranium. 

However, Director of National Intelligence Tulsi Gabbard told a Senate worldwide threats hearing in April Iran is not moving toward a nuclear weapon. 

‘The IC [intelligence community] continues to assess that Iran is not building a nuclear weapon and Khamenei has not authorized the nuclear weapon program that he suspended in 2003,’ she said. 

‘The IC continues to monitor closely if Tehran decides to reauthorize its nuclear weapons program. In the past year, we’ve seen an erosion in the decades-long taboo in Iran of discussing nuclear weapons in public, likely emboldening nuclear weapons advocates within Iran’s decision-making apparatus,’ Gabbard said. 

President Donald Trump on Friday noted he gave Iran a 60-day ‘ultimatum’ to make a deal, and Friday was day 61. Nuclear negotiations between Washington and Tehran were scheduled for this weekend, but whether those talks will carry on as planned remains unclear. 

Not everyone is convinced Iran is actively building a bomb. Rosemary Kelanic, a political scientist and nuclear deterrence expert, urged caution about the narrative coming from Israeli officials.

‘Those in favor of this attack, including Israel, are going to do everything they can to try to make it look like Iran was on precipice of a bomb,’ Kelanic said. ‘But we need to be really critical in our thinking.’

U.S. intelligence assessments, she noted, have consistently judged that Iran was not pursuing an active weaponization program, even though it possessed enough enriched uranium to build a bomb. ‘Iran could have built a bomb back in 2022 if not earlier, and chose not to. That’s the reason that I think they don’t have one now.’

However, Kelanic warned that the Israeli strikes might push Iran to reconsider that restraint.

‘Their best path forward now, tragically, is to run a crash program and test a nuclear device as soon as they possibly can,’ she said. ‘Super risky to do that, but then maybe they can establish some kind of deterrence from Israel.’

The competing intelligence narratives reflect deep uncertainty about Iran’s intentions and even more uncertainty about what comes next. While Israel argues that its strikes disrupted a dangerous escalation, critics fear they may have accelerated it.

Kelanic suggested that even if the U.S. and Iran had come to a deal on Tehran’s nuclear program, Israel may still have carried out strikes on Iran. 

‘They just wouldn’t trust that Iran would actually give up nuclear weapons, right?’ she said. ‘If you think that they truly can never have it, and it’s an existential threat to Israel, etc, then the only thing you can do is either completely wreck Iran as a functioning state, turn it into a failed state, unable to ever get nuclear weapons.’ 

For now, time will tell whether Israel’s strikes decimate Iran’s nuclear capabilities or the decades-long threat will continue. 

This post appeared first on FOX NEWS

The Israeli military has warned that “all of Israel is under fire” after Tehran launched retaliatory strikes on Friday, following Israel’s attacks on Iranian military and nuclear targets.

Iran confirmed Friday evening local time that it had fired “hundreds of various ballistic missiles” towards Israel, in what it called the “beginning” of its “crushing response.”

“Moments ago, with the launch of hundreds of various ballistic missiles toward the occupied territories, the operation of decisive response to the savage attack of the Zionist regime has begun,” Iran’s official news agency, IRNA, reported.

Iranian munitions have fallen on at least one community within Tel Aviv, but no injuries have been reported so far, according to an Israeli police spokesperson.

“A short time ago, the Israel Police received reports of fallen munitions in one of the communities within the Tel Aviv District. At this stage, no injuries have been reported, but property damage has occurred,” the spokesperson said.

“Police officers and bomb disposal experts are currently working to isolate the impact sites,” the spokesperson added.

The Iranian barrage comes after Israel launched a massive two-pronged attack on Iran early Friday morning local time, with strikes aimed at destroying Iranian nuclear sites and decapitating its military leadership in Tehran.

Israel’s attack culminated years of threats and days of heightened speculation – but was executed without the blessing of Israel’s closest ally: the United States. The Trump administration has stressed that Israel acted unilaterally and that Washington was “not involved.”

Iran’s retaliation Friday evening began just as a press briefing with Israel Defense Forces (IDF) officials was underway.

Effie Defrin, spokesperson for the IDF, was answering questions from journalists when an announcement was played over a speakerphone. The broadcast of the briefing was then cut short.

Defense systems are operating to intercept the missiles, a statement from the Israel Defense Forces read. It has instructed the public to seek shelter.

This is a developing story and will be updated.

This post appeared first on cnn.com

Investor Insight

Greenvale Energy offers investors exposure to the high-growth nuclear energy sector through its highly prospective uranium projects, complemented by strategic assets with high-value bitumen and renewable geothermal energy potential, all managed by an experienced team with a proven track record of shareholder value creation.

Company Highlights

  • Uranium exploration portfolio across the Northern Territory and Queensland
  • Advanced-exploration, high-grade Oasis project with intercepts up to 0.72 percent U3O8 (15.8 lbs/ton)
  • Strategic coverage of the Northern Territory, with four uranium projects targeting sandstone hosted and unconformity style deposits
  • Alpha Torbanite project with 28 Mt inferred resource, positioned to be the only local producer that can supply Australia’s bitumen market (consuming ~1 Mt annually through 100 percent imported material)
  • Millungera Basin geothermal project with potential for 3.4 GW continuous power generation
  • Experienced board and management team, Chaired by Neil Biddle, founding director of Pilbara Minerals
  • Substantial R&D grant support for the Alpha Torbanite project, having successfully secured over $3 million in non-dilutive grant funding
  • Projects aligned to the long-term zero-carbon energy transition

Overview

Greenvale Energy (ASX:GRV) is an ASX-listed exploration company with a portfolio of projects that will support a sustainable, low-carbon future. The Company has early-stage uranium exploration projects in the Northern Territory, the Oasis advanced-exploration project in Queensland and the Alpha Torbanite and Millungera Basin geothermal projects in Queensland. The Company believes the best way to create long-term shareholder value is by investing in exploration, to make discoveries and grow its resource-base.

Greenvale Energy

The company’s uranium projects in Queensland and the Northern Territory are particularly significant as global nuclear energy demand accelerates. With nuclear power projected to grow 300 percent by 2050, with nuclear power forecast to supply 30 percent of global power demand, Greenvale is positioned perfectly to leverage the expanding and globally-significant market opportunity. Major technology companies including Amazon, Google and Meta have committed to supporting the goal of tripling global nuclear capacity by 2050, further validating the sector’s growth trajectory.Greenvale’s portfolio includes the promising Oasis uranium project with high-grade intercepts up to 0.72 percent U3O8, four uranium projects across the Northern Territory, the Alpha Torbanite project, and the Millungera geothermal project in Queensland.

Key Projects

Uranium Projects

Oasis Project (Queensland)

Greenvale Energy

The Oasis project is an advanced-exploration Project, featuring exceptional high-grade intercepts up to 0.72 percent U3O8 (15.8 lbs/ton). Originally discovered in 1973, the deposit has seen sporadic exploration including significant work by Esso in 1978/79. The project area contains extensive radiometric anomalies with multiple faults and fractures controlling the distribution of uranium mineralization.

Greenvale has developed a comprehensive work program for Oasis, beginning with regional geological field prospecting and reconnaissance, followed geophysical and geochemical surveys across the Oasis prospect and regional areas. These preliminary works are key to develop and refine targets for Greenvale’s planned maiden drill program at Oasis.

Northern Territory Uranium Projects

Greenvale has four strategic uranium projects in the Northern Territory: Jindare project in Douglas River, Henbury, Elkedra and Tobermorey. These projects target sandstone hosted and unconformity style uranium mineralization, with particular focus on areas where uranium-bearing waters may interact with hydrocarbons, creating optimal conditions for uranium deposition. The geology of these assets is similar to uranium deposits in Kazakhstan, the world’s leading producer of uranium.

The Henbury project is particularly noteworthy, located on the edge of the Amadeus Basin, a major hydrocarbon basin in the Northern Territory. Following research from Geoscience Australia, Greenvale is targeting areas at the margins of hydrocarbon cap-rocks near active structures, which represent prime locations for uranium mineralization.

Alpha Torbanite Project

The Alpha Torbanite Project represents a unique opportunity to supply Australia’s infrastructure sector with domestically-produced bitumen. The project features a substantial 28 Mt inferred resource of torbanite and cannel coal, positioning Greenvale to potentially capture a significant share of Australia’s annual bitumen consumption (currently assessed as approximately 1 Mt all serviced through material imported from overseas).

Greenvale Energy

Torbanite is a rare type of oil shale containing exceptionally high concentrations of algal-derived hydrocarbons that can be processed to produce high-quality bitumen products. This natural conversion capability makes torbanite deposits like Alpha particularly valuable for infrastructure applications as they can yield bitumen substitutes with properties comparable to petroleum-derived products.

To date, the company has been able to secure over $3 million in non-dilutive R&D grant funding to support project development.. The Company’s test program continues to show improved results, with test program 7 planned to produce a bulk sample for certification. Certification will underpin the progression of feasibility studies that will define the full economic potential of the project.

Queensland Geothermal Project

Greenvale’s Millungera Basin geothermal project targets one of Australia’s most prospective areas for geothermal energy. The basin contains the hottest rock formations in Queensland, with a total identified stored thermal energy potential exceeding 611,000 PJ (at 90 percent probability). Technical reports indicate the potential for an estimated annual electricity generation of 29,621 GWh from inferred resource areas, with capacity to produce 3.4 GW continuously.

Management Team

Neil Biddle – Executive Chairman

A geologist with over 40 years’ experience in exploration and mining, Neil Biddle was a founding director of Pilbara Minerals, where he oversaw the acquisition, exploration and development of the world-class Pilgangoora lithium project. His extensive industry experience provides Greenvale with strong leadership and strategic direction.

Alex Cheeseman – Chief Executive Officer

A highly experienced Australian resources executive, Alex Cheeseman has over 20 years’ experience in operational leadership and project development across a range of industries. He has held general manager and CEO-level roles in a number of ASX-listed exploration and mining companies with experience in a range of commodities including iron ore, lithium and base metals. He has a demonstrated track record of success in resource project development, capital markets, corporate development and commodity marketing.

Elias Khouri – Non-executive Director

Bringing extensive experience in equity capital markets, Elias Khouri offers expertise in corporate finance, advisory, capital raisings and joint venture negotiations, enhancing the company’s financial and strategic capabilities.

John Barr – Non-executive Director

John Barr is a chartered accountant with more than 25 years of experience as a company director. He was a founding director of Mosman Oil and Gas. His extensive Australian and international experience spans manufacturing, mining and oil and gas industries.

Peter Harding-Smith – Chief Financial Officer & Company Secretary

Peter Harding-Smith brings extensive experience in company financial reporting, corporate regulatory and governance areas, business acquisition and disposal due diligence, capital raising, and company secretarial responsibilities.

Zoe Stackhouse – Exploration Manager

Zoe Stackhouse is a geologist with 20 years’ experience in unconventional gas exploration and production. Stackhouse also serves as secretary of the Australian Geothermal Association, bringing specialized expertise to Greenvale’s geothermal initiatives.

Mark Turner – Technical Consultant (Alpha Project)

An engineer with over 25 years’ experience in the energy sector, Mark Turner has a proven track record of major project delivery across oil & gas, water, power, renewables and nuclear projects.

This post appeared first on investingnews.com

Investor Insight

Leveraging early-stage land acquisition, accelerated drilling and a strong strategic partnership, Lithium Africa delivers maximum exploration efficiency, capital leverage and de-risked lithium discovery upside at scale.

Overview

Lithium Africa is an exploration company purpose-built to capitalize on the next cycle of lithium demand. Its strategic mission is to discover, de-risk and monetize Tier 1 lithium assets through data-driven targeting, aggressive fieldwork and value-driven exits. The company’s unique 50/50 joint venture with Ganfeng Lithium is the cornerstone of its strategy, providing both financial leverage and industrial alignment at the earliest stages of project development.

Africa remains largely underexplored for lithium despite sharing geological similarities with major hardrock lithium belts in Canada and Australia. Lithium Africa is the first company to systematically deploy a multi-jurisdictional discovery strategy across the continent – combining top-tier geology with capital efficiency and strategic clarity.

Lithium Africa portfolio

At the heart of Lithium Africa’s model is its joint venture with Ganfeng Lithium, one of the top two lithium chemical producers globally. The 50/50 JV, established in 2023, enables Lithium Africa to double its capital efficiency, with $1 raised equating to $2 spent on exploration. The partnership provides unmatched advantages: access to Ganfeng’s downstream processing know-how, established customer relationships with Tier 1 OEMs, and a long-term offtake framework that allows Lithium Africa to retain flexibility and optionality on any asset monetization.

Lithium Africa does not intend to develop or operate mines. Instead, the business model is designed around efficient land acquisition, aggressive de-risking via trenching, sampling, and early drilling, and ultimately monetizing high-value discoveries through royalties, sales or carried interests. In a down market, the company is actively pursuing counter-cyclical M&A opportunities to acquire stranded or undercapitalized lithium assets. With this strategy, Lithium Africa provides shareholders exposure to world-class discovery upside with significantly reduced financing risk.

Company Highlights

  • Exploration-focused Model: Lithium Africa focuses purely on discovery and value creation, with no intention to develop or operate a mine
  • Strategic 50/50 JV with Ganfeng Lithium: Doubles exploration spending and provides access to processing expertise and long-term downstream offtake partners.
  • Pan-African Footprint: Over 8,000 sq km of tenure across Zimbabwe, Morocco, Mali, Côte d’Ivoire, Guinea, and others – enabling diversification in discovery strategy.
  • Contrarian, Countercyclical M&A: Well-capitalized and positioned to roll up distressed lithium juniors during a downcycle
  • Rapid Permitting & Scalability: Target jurisdictions offer 3- to 4-year discovery-to-mine timelines versus 10 to 15 years in North America.
  • RTO & Listing Expected by August 2025: Tight structure, early institutional support and significant near-term drilling catalysts.

Key Projects

Zimbabwe

Birthday Gift Project (Flagship)

Location of Lithium Africa

The Birthday Gift project is Lithium Africa’s flagship asset and highest-priority exploration target. Located along a >12 km pegmatite corridor, the project hosts three parallel, flat-lying spodumene-bearing pegmatites within metasediments. Surface trenching has returned multiple significant intercepts, including 100 m, 67 m, and 55 m widths with true thicknesses averaging ~35 m. Rock chip samples from fresh spodumene zones have returned assays as high as 5.25 percent lithium oxide. More than 3,000 geochemical samples have been collected, and a 1,500-meter RC drill program commenced in January 2025 to test a 1,300-meter strike length.

The pegmatites remain open at depth and along strike. SGS South Africa is performing ICP assay analysis, and environmental permitting and trenching on the western trend are ongoing.

The Birthday Gift asset has strong potential to support an inaugural resource estimate by late 2025.

West Africa

Torakoura in Bougouni District, Mali

Lithium Africa controls six highly prospective licenses in Mali, located within the prolific Bougouni Basin, home to Leo Lithium’s Goulamina project, one of the world’s largest spodumene deposits. The Torakoura permit is situated along the same structural corridors and granitic host rocks. Surface exploration has identified spodumene-bearing pegmatites, supported by strong lithium and pathfinder anomalies from historic soil sampling.

Initial drilling at Torakoura began in 2024 but paused for LIBS-to-ICP calibration. A new RC drilling campaign resumed in Q4 2024. These permits offer substantial scale and proximity advantages in a well-established lithium district with proven permitting and development pathways.

Adzopé & Regional Licenses, Côte d’Ivoire

Lithium Africa

In Côte d’Ivoire, Lithium Africa holds four early-stage but highly promising permits totaling 1,254 sq km. The Adzopé license has returned rock samples with lithium oxide values up to 0.98 percent. Field mapping and lithological sampling have been completed, and a 21,700-meter auger drilling program is planned to refine targets for follow-up RC and core drilling. The region is emerging as a new pegmatite belt in West Africa, and Lithium Africa has first-mover status in building a pipeline of discovery-stage projects.

Kobikoro Project, Guinea

Lithium Africa

The Kobikoro project in southeastern Guinea consists of four licenses covering 376 sq km in the Archean Kinema-Man domain. This district is part of the underexplored Kissidougou pegmatite belt. Historical stream sediment geochemistry conducted by BRGM highlights multiple anomalous trends in lithium, tantalum and niobium. The standout feature is a 20 km-long lithium-tantalum-niobium anomalous zone aligned with regional structures and underlain by fractionated granite intrusions.

Morocco

Bir El Mami

In 2024, Lithium Africa acquired a 585 sq km, district-scale land package in the Bir El Mami region of Morocco, located on the northern extension of the Tasiast greenstone belt. The project is notable for its spodumene-bearing pegmatites confirmed by surface rock samples, which include lithium values up to 862 parts per million (ppm), and historic soil anomalies up to 363 ppm. The region is emerging as a key lithium district given Morocco’s favorable trade agreements and a growing domestic EV battery manufacturing base. Lithium Africa is currently Morocco’s only major lithium concession holder, and early-stage target identification is underway as of Q1 2025. The company is well positioned to be Morocco’s lithium sector leader and consolidator.

Management Team

Tyron Breytenbach – CEO

Tyron Breytenbach is a former Detour Gold resource geologist and leading equity analyst at Stifel Canada and Cormark. He blends deep geology with institutional capital markets acumen.

Carl Esprey – Executive Chair

Carl Esprey is a former M&A analyst at BHP Billiton and fund manager at GLG Partners. He is the founder of several resource ventures and current CEO of Waraba Gold.

Coulibaly Mamadou – Executive Director

Coulibaly Mamadou is a geologist with 12 years’ experience in mineral exploration. Coulibaly started his career with Randgold, and has extensive knowledge of and experience with the West African Birimian geology.

Ben Gelber – VP Exploration

Ben Gelber is a former VP at Gold Line Resources and exploration manager at Barrick in Guyana. He has more than 19 years of lithium and gold exploration experience.

Dr. Jeroen van Duijvenbode – Development Geologist

With a PhD in geometallurgy, Jeroen van Duijvenbode is an expert in lithium pegmatite targeting and geochemical data interpretation.

Jamie Robinson – CFO

Jamie Robinson is a chartered accountant with extensive mining CFO experience across private and public markets. Prior to his stint in the mining sector, he worked with Deloitte in Vancouver, British Columbia.

Chris O’Connor – General Counsel

Chris is a lawyer with over 19 years of private practice and in-house experience, focused on capital markets, corporate finance and M&A transactions in emerging markets throughout Africa, Eastern Europe and the CIS.

Toluwalase Seriki – Non-Executive Director

Toluwalase Seriki is Ganfeng Lithium’s head of business development in Africa. He possesses a strong M&A and finance background.

Roy Zhang – Advisor

Roy Zhang has nearly 10 years of experience in investment, M&A and corporate development, and is experienced and knowledgeable in lithium trading through his role at Ganfeng.

Dr. Tom Benson – Advisor

Tom Benson is a Stanford PhD volcanologist who leads global exploration at Lithium Americas. He is a widely respected authority on caldera-related lithium resources across the industry.

This post appeared first on investingnews.com

Investor Insight

Kalgoorlie Gold Mining offers investors a compelling proposition through its strategic focus on low-cost gold exploration in Western Australia’s prolific Eastern Goldfields, highlighted by its Lighthorse high-grade gold discovery at the Pinjin project.

Overview

Kalgoorlie Gold Mining (ASX:KAL) is a technically driven explorer targeting multi-million-ounce gold systems in the Eastern Goldfields of Western Australia. Through rigorous geophysical interpretation, structural targeting, and systematic drilling, the company is applying modern techniques to historically overlooked terranes. Its focus is on discovering concealed gold deposits beneath shallow cover by leveraging a proven methodology that includes geophysical analysis, geochemistry, aircore reconnaissance and RC follow-up drilling.

At the heart of this strategy is the flagship Pinjin project, located along the underexplored southern extension of the Laverton Tectonic Zone, a prolific gold-bearing structure responsible for over 30 Moz of historical production from mines such as Sunrise Dam, Granny Smith and Wallaby. Positioned just 20 km north of Ramelius Resources’ Rebecca gold project, Pinjin is ideally situated in a district that has seen limited modern exploration. Kalgoorlie Gold has already delivered a maiden JORC 2012 inferred resource of 76,400 oz (2.34 Mt @ 1.0 g/t gold) at the Kirgella Gift and Providence prospects. These results confirm the presence of shallow mineralization and validate the company’s targeting model. Numerous structural targets have been identified throughout the project area, the majority of which remain untested.

Kalgoorlie Gold Mining project location

Within Pinjin, the Light Horse Discovery is the company’s highest-impact target, where RC drilling has confirmed thick, high-grade mineralization in altered mafic volcanics. The discovery validates Kalgoorlie Gold’s undercover targeting model and is being advanced toward a maiden resource.

Complementing this is the Bulong Taurus project, 35 km east of Kalgoorlie, which hosts the La Mascotte deposit with a JORC inferred resource of 138,000 oz gold (3.61 Mt @ 1.19 g/t). The project includes historic workings and satellite prospects within a structurally favorable corridor. While a secondary focus, heritage approvals are underway to enable follow-up drilling and assess near-term development potential.

To date, Kalgoorlie Gold has tested only around 10 percent of its known targets but has already encountered mineralization in roughly half of them – an exceptional hit rate that underscores the strength of its approach. As the company ramps up its exploration programs, it is positioning itself as one of the most compelling early-stage gold discovery stories in the Australian market.

Company Highlights

  • District-scale Positioning: Kalgoorlie Gold controls an expansive, underexplored land package in the Laverton Tectonic Zone, south of major operations like Sunrise Dam and Wallaby and just 20 km north of the planned Rebecca gold mine.
  • Lighthorse Discovery: Thick, high-grade gold intercepts under shallow cover confirm a significant greenfields discovery, with potential for resource definition and scale.
  • JORC Resource Established at Pinjin: An initial 76,400 oz gold resource at Kirgella Gift and Providence validates the company’s targeting strategy.
  • Systematic Exploration Success: >10 targets tested, ~50 percent hit rate with anomalous high-grade gold. Over 90 percent of the company’s target inventory remains untested.
  • Experienced Leadership: Matt Painter, managing director, brings deep structural geology expertise and a strong history of generating successful exploration targets globally.
  • Favorable Market Tailwinds: With gold trading near all-time highs, Kalgoorlie Gold offers leveraged upside through discovery-driven valuation re-rates.

Key Projects

Pinjin Project

Kalgoorlie Gold Mining Pinjin project

The Pinjin project covers more than 350 sq km and is situated within the southern extension of the Laverton Tectonic Zone, a crustal-scale shear corridor accounting for >30 Moz of historical production. Despite its proximity to major mines, this southern area has seen minimal modern exploration.

Kalgoorlie Gold’s initial focus has been the Kirgella Gift and Providence prospects, where the company defined a JORC 2012 inferred resource of 2.34 Mt @ 1.0 g/t Au for 76,400oz. This estimate was derived from near-surface RC drilling down to ~100 metres, with mineralization remaining open at depth and along strike.

The company has also acquired geophysical datasets and conducted interpretation work to identify additional structural corridors and dilation zones likely to host mineralization. These were validated by soil sampling, structural mapping and aircore drilling. Work completed to date includes more than 16,000 metres of drilling, extensive geological mapping, and data reinterpretation, while upcoming plans involve deeper drilling, geophysics to enhance target definition, and continued aircore programs to expand the exploration footprint.

Lighthorse Discovery

Kalgoorlie Gold Mining Lighthorse discovery

The Lighthorse prospect, situated within the greater Pinjin project area, represents Kalgoorlie Gold’s most promising greenfields discovery to date. Discovered beneath shallow cover using the company’s rigorous targeting methodology, Light Horse has yielded multiple thick, high-grade intercepts, confirming the presence of a significant mineralized system. RC drilling has returned standout results such as 2.2 g/t gold over 23 metres, 3.1 g/t gold over 14 metres, and 6.5 g/t gold over 7 metres. These intercepts occur in altered mafic volcanics and are interpreted to represent a robust gold system with potential for lateral and vertical continuity. The discovery validates Kalgoorlie Gold’s structural targeting model and supports the thesis that the region may host not just a single deposit, but a larger gold field. Currently, Lighthorse is the highest-priority drill target in the company’s pipeline. Near-term plans include further RC step-out and infill drilling to define mineralized zones, downhole geophysics to guide targeting of high-grade shoots, and eventual metallurgical sampling. A maiden resource is anticipated following the next phase of drilling, with the potential to rapidly advance toward scoping studies in 2026.

Bulong Taurus Project

Located just 35 kilometres east of Kalgoorlie-Boulder, the Bulong Taurus project offers near-term optionality and brownfields upside. The project hosts the La Mascotte deposit, which contains a JORC 2012 inferred mineral resource of 138,000 oz at 1.19 g/t gold. This outcropping resource is located within the historical Taurus Goldfield and is surrounded by a suite of satellite targets, historical workings and underexplored geophysical anomalies. The geology is characterized by a mix of felsic and mafic volcaniclastic units, cut by northeast-trending structures favorable for gold deposition. Kalgoorlie Gold has undertaken mapping, sampling and historical data reprocessing to refine targeting, and is currently working with Traditional Owners to secure heritage clearances for further exploration. Planned future activities at Bulong Taurus include RC drilling to test extensions of La Mascotte, soil and geophysical surveys across adjacent prospects, and evaluation of development or joint venture options depending on resource scale and continuity. While not the company’s primary focus, Bulong Taurus offers strategic exposure to additional ounces near existing infrastructure.

Management Team

Dr. Matt Painter – Managing Director & Chief Executive Officer

Dr. Matt Painter is a geologist with over 25 years of experience in mineral exploration and project development. He holds a BSc (Hons) and a PhD in geology. Before joining Kalgoorlie Gold Mining, Painter served as general manager of exploration at Ardea Resources Limited, where he played a pivotal role in advancing the company’s gold and nickel projects. His expertise lies in structural geology and the discovery of concealed mineral systems, which is instrumental in driving Kalgoorlie Gold Mining’s exploration strategy.

Graeme Smith – Chief Financial Officer & Company Secretary

Graeme Smith brings more than 30 years of financial and corporate governance experience to Kalgoorlie Gold Mining. He holds a Bachelor of Economics and is a Fellow of the Chartered Institute of Secretaries, a Fellow of CPA Australia, and a Fellow of the Chartered Secretaries Australia. Smith has held senior financial roles across various ASX-listed companies, providing strategic financial oversight and ensuring compliance with corporate regulations.

Pauline Gately – Non-executive Chair

Pauline Gately is an accomplished non-executive director with over a decade of board experience across the mining, financial technology and consumer goods sectors. Her board contributions are underpinned by 20 years in investment banking, encompassing senior roles in investment strategy, economics and funds management. Gately is a graduate and member of the Australian Institute of Company Directors and holds a BA (Hons) in Economics and a Graduate Diploma in Accounting. She also serves as a non-executive director of Ardiden Limited.

Andrew Penkethman – Non-executive Director

Andrew Penkethman is a geologist with more than 25 years of technical and corporate experience in the resources sector. He has worked across exploration, feasibility studies, and operations within Australia and internationally. Penkethman is currently the managing director and CEO of Ardea Resources, bringing valuable insights into project development and strategic planning to the board of Kalgoorlie Gold Mining.

Scott Herrmann – Exploration Manager

Scott Herrmann oversees Kalgoorlie Gold’s exploration programs across its project portfolio. With a strong background in geology and mineral exploration, Herrmann plays a critical role in target generation and drill program execution, contributing to the company’s discovery success.

This post appeared first on investingnews.com

Investor Insight

Juggernaut Exploration is an early-stage explorer and project generator with a compelling investment story, focused on unlocking high-grade precious and base metal discoveries in the prolific Golden Triangle of northwestern British Columbia.

Overview

Juggernaut Exploration(TSXV:JUGR,OTCQB:JUGRF,FSE:4JE) is a precious metals explorer focused on northwestern British Columbia’s Golden Triangle, a globally recognized district for world-class porphyry, VMS and high-grade gold systems. The company operates in a geopolitically stable jurisdiction with excellent infrastructure, adjacent to Newmont’s Galore Creek project and in proximity to major road and airstrip developments.

The company controls three 100 percent owned projects – Big One, Midas and Bingo – totaling nearly 60,000 hectares in the heart of British Columbia’s most prolific mineral belt.

The company’s current strategy focuses on aggressive exploration at its flagship Big One project, where the rapid abatement of glacial cover led to the discovery of over 200 mineralized veins in a matter of days. The scale of the system, coupled with strong geophysical and geochemical signatures, points to a significant buried porphyry system.

Backed by world-renowned geologist Dr. Quinton Hennigh, Juggernaut is founded by the team behind Goliath Resources, which returned 2,400 percent to early investors in just 20 months.

Company Highlights

  • The Big One property has uncovered an 11-km gold-rich porphyry system, described as a “highway of gold,” adjacent to Newmont’s $100 billion Galore Creek project.
  • Founded by the team behind Goliath Resources, which returned 2,400 percent to early investors in just 20 months. Juggernaut is supported by world-renowned geologist Dr. Quinton Hennigh.
  • Crescat Capital is a cornerstone investor, holding a 19.99 percent stake and providing both financial and technical backing.
  • The company controls three 100 percent owned projects – Big One, Midas and Bingo – totaling nearly 60,000 hectares in the heart of the Golden Triangle in British Columbia.
  • With $11.5 million recently raised, the 2025 field season is fully funded. The upcoming campaign aims to scale and define the scope of the porphyry system discovered in just five days of boots-on-the-ground work.
  • Over 70 percent of the company’s shares are held by management, insiders and accredited investors. The company is debt-free.

Key Projects

Big One

The Big One project is Juggernaut’s flagship asset and the focus of its 2025 exploration campaign. Located in the heart of British Columbia’s Golden Triangle, the property spans 36,989 hectares of world-class geological terrain, 95 percent of which remains unexplored.

The project benefits from rapid glacial and snowpack abatement, which has recently exposed a vast mineralized system previously hidden under ice. This includes the newly identified Eldorado porphyry system, a high-grade, multi-kilometer corridor with grades reaching up to 79.01 grams per ton (g/t) gold and 3,157 g/t silver. More than 200 quartz-sulphide veins, containing semi-massive to massive chalcopyrite, sphalerite and galena, have been identified within a 4 km x 1 km alteration footprint, with coincident geophysical anomalies suggesting the presence of a large, buried mineralizing system at depth.

Drill-ready targets include the Whopper Vein (16.04 g/t gold equivalent over 8 meters, >200 m strike length) and the Big Mac Vein (41.46 g/t gold equivalent over 4 m), both of which are planned for drill testing in 2025.

The Big One project qualifies for the Critical Mineral Exploration Tax Credit and is strategically located adjacent to key infrastructure, including the Scud airstrip and a new $45 million government-funded road within 12 km of the site.

Midas

The Midas property covers 20,803 hectares in a geologically favorable setting for volcanogenic massive sulphide (VHMS) deposits, particularly those resembling the high-grade Eskay Creek system. Drilling at the Kokomo zone has intercepted significant VHMS-style mineralization, including standout results such as 8.27 g/t gold equivalent over 11.03 meters (MD-24-47) and 6.85 g/t gold over 9 meters (MD-18-08). The mineralized zone remains open to the north, and the company plans to step out aggressively with additional drilling.

Midas is considered a strong near-term value generator with potential for scale through further discovery.

Bingo

The Bingo property, although smaller in footprint at 1,008 hectares, is located in a structurally favorable setting for shear-hosted gold systems. The project features a 700-meter x 400-meter mineralized zone characterized by consistent sulphide mineralization. Sampling has confirmed an average mineralized width of 7 meters with grades averaging 5.67 g/t gold equivalent. The presence of strong K-spar alteration in the northeast quadrant of the property suggests proximity to a porphyry feeder system, making Bingo a compelling target for both high-grade, shear-hosted and porphyry-style exploration.

Management Team

Dan Stuart – President, CEO & Director

Dan Stuart has over 30 years of experience in capital markets, having raised more than $500 million for natural resource companies. He is a founding member and financier of several private mineral syndicates, including the J2 Syndicate behind Goliath Resources. Stuart is known for his investor acumen and has established strong institutional relationships in North America, Europe, Asia and the Middle East. Under his leadership, Juggernaut secured cornerstone funding from Crescat Capital and Dr. Quinton Hennigh while simultaneously building a platform for rapid discovery-driven growth.

Jim McCrea – Director

Jim McCrea brings 25 years of exploration and resource estimation experience. Notably, he worked on orebody modeling and resource estimation at Cumberland Resources, which was acquired by Agnico Eagle for $710 million. His deep expertise in geology and modeling helps guide exploration targeting and resource development.

William Jung – Director & CFO

A former chartered accountant with over 35 years of experience in finance, William Jung has managed several publicly listed companies on the TSX. His oversight ensures financial discipline, compliance and strategic capital allocation.

Peter Bryant – Director

Peter Bryant is a seasoned international investment banker with 45 years of experience, including senior roles at Standard Chartered Group, Hill Samuel Group and Guinness Mahon Holdings in London. His presence brings strong governance and capital markets insights to the board.

Chris Verrico – Director

Chris Verrico has over two decades of experience managing mineral exploration and infrastructure projects in remote northern regions, including British Columbia, Yukon and Nunavut. His knowledge of field operations and community engagement is critical to project execution.

Bill Chornobay – Program Manager

Bill Chornobay has over 30 years of experience in mineral exploration and has been directly involved in discoveries resulting in more than $1 billion in value. He played a pivotal role in the Surebet discovery for Goliath Resources and now leads on-ground execution at Juggernaut.

Dr. Quinton Hennigh – Technical Advisor

A globally respected exploration geologist, Dr. Quinton Hennigh has over 30 years of experience with major mining companies, including Homestake, Newcrest and Newmont. He is currently the chairman of Novo Resources and serves as a technical advisor to Crescat Capital. His guidance has helped validate and shape the exploration strategy at Juggernaut.

Dr. Manuele Lazzarotto – Senior Consulting Geologist

Dr. Manuele Lazzarotto has eight years of experience advancing early-stage exploration projects into defined resources, particularly in VMS and gold systems. He played a critical technical role in the Surebet discovery and brings valuable geological and structural insight to Juggernaut’s targeting approach.

This post appeared first on investingnews.com

Investor Insight

With a strategic asset base in the prolific Abitibi Gold Belt near Val d’Or, and a fully permitted gold mill facility, LaFleur Minerals is well-positioned for near-term production and long-term growth.

Overview

LaFleur Minerals (CSE:LFLR,OTCQB:LFLRF) is a growth-focused gold exploration and development company with assets in Québec’s Abitibi Gold Belt, one of the most prolific gold regions globally. The company is focused on the production restart at Beacon Mill in parallel to advancing key exploration programs at its Swanson gold project, a well-located, resource-rich deposit with strong growth potential.

LaFleur Minerals boasts a favourable entry point with a market cap yet to reflect the company’s asset base, as well as solid fundamentals with strong growth catalysts and significant upside potential from a near-term producing gold mill with low restart cost.

Company Highlights

  • Focused on developing high-potential gold projects in the Abitibi Gold Belt in Québec, a top-tier mining jurisdiction with strong government support and flow-through financing incentives, and Canada’s largest gold producing region.
  • Successfully assembled over 150 square kilometers of mineral claims and a mining lease, anchored by the Swanson gold deposit and complemented by recent acquisitions from Abcourt Mines.
  • The Swanson gold project hosts an NI 43-101-compliant mineral resource of 123 koz indicated and 64 koz inferred, with significant exploration upside.
  • LaFleur owns the fully permitted and refurbished 750 tpd Beacon Gold Mill, which previously underwent ~$20 million in upgrades, providing a clear pathway to near-term gold production from Swanson and other potential regional sources.
  • The company has launched an extensive exploration program, including geophysics, geochemistry and a planned 10,000-meter drill campaign for 2025, targeting a resource expansion to over 1 Moz.
  • Led by CEO Paul Ténière, a highly experienced geologist and mining executive, supported by a team with extensive expertise in gold exploration, project development and corporate finance.

Key Projects

Swanson Gold Project – Flagship Asset

The Swanson gold project is located in Québec, Canada, rated as the fifth top jurisdiction in the world for mining investment (Fraser Institute’s 2023 annual survey), offering a stable and supportive environment for resource development with easy access to flow through capital. The Swanson gold project has had in excess of 36,000 metres of historical drilling, which underscores the advanced exploration and development potential of the project, which includes several favourable gold bearing regional structures and deformation corridors extending across the property.

LaFleur Minerals

Project Highlights:

  • +16,600 hectares (166 sq km) and rich in gold and critical metals, hosts the Swanson, Bartec and Jolin gold deposits
  • Previously held by Monarch Mining, Abcourt Mines and Globex
  • Accessible by road/rail, 66 km north of Val-d’Or on the Southend Abitibi gold belt, close proximity to established producers such as Agnico Eagle and Eldorado, as well as developers like Probe Gold and O3 Mining, with direct access to several nearby gold mills
  • Mineral resource estimate reinforces status as flagship project:
    • Indicated mineral resource estimate of 2,113,000 t with avg grade of 1.8 g/t gold, containing 123,400 oz of gold.
    • Inf. Mineral Resource Estimate of 872,000 t with avg grade of 2.3 g/t gold, containing 64,500 oz of gold
  • The project’s current MRE was optimized with a price of gold at US$1,850/oz, current gold market price has hit above US$3,000/oz
  • $3 million in flow-through to deploy with immediate plans to increase gold resources through diamond drilling at Swanson, Bartec, Jolin, and other gold deposits, and up to 10,000 metres of drilling expected to commence by mid-2025
  • Other key developments include a decline portal and ramp extending to a depth of 80 metres; well positioned for advanced exploration with over $5 million invested by the previous owner between 2021 and 2023
  • Since acquiring the Swanson deposit and consolidating the large claims package, the company has deployed in excess of $1 million in flow-through funds, completed detailed soil geochemistry and prospecting across several gold targets, completed a very-high resolution airborne magnetic and VLF-EM geophysical survey, and is currently in the process of completing a ground IP survey over the Swanson, Jolin, and Bartec gold deposits
  • Several new promising gold targets have been identified from the recent surface exploration and geophysics programs, highlighting the potential for mineral resource growth and new discoveries at Swanson
  • The company has submitted an application for a diamond drilling permit to the Québec government for the Swanson gold project and will be sending Requests for Quotes (RFQ) to local drilling contractors, with drilling expected to commence in the spring at the Swanson, Bartec, Jolin and other recently delineated gold targets

Beacon Gold Mill – Near-term Production

The Beacon Gold Mill is a strategically positioned, fully permitted 750 tpd processing facility located less than 50 km from Swanson. Originally acquired through the Monarch Mining CCAA process, the mill underwent a $20 million refurbishment in 2022 and remains in excellent condition. LaFleur’s strategic location on the mineral rich Abitibi Greenstone Belt is key to its plans to restart gold production as its positioned in a prime area with over 100 historical and operational mines, allowing for rapid monetization of ore from nearby gold deposits.

Project Highlights:

  • Low restart cost with processing capacity of over 750 tonnes per day, targeting production of up to 30,000 oz of gold per year. At US$2900/oz, the projected potential revenue is ~$100 million
  • Capable of custom milling operations for other nearby gold projects
  • Currently being evaluated for processing mineralized material from Swanson as part of a high-level preliminary mining and economic study
  • Past-producing Beacon Mine is located on the site of the Beacon Mill: the property consists of a mining lease, a mining concession, and 11 mining claims
  • Beacon I and II mines include mineralized zones where limited historical gold production was achieved during the period of 1984 to 1988 and again in 2005
  • The advancement of operations at the Beacon Mill has transformational qualities for the company, evolving it from explorer to a near term gold producer in a Tier 1 jurisdiction with significant upside potential
  • The restart of production at the Beacon Mill to process bulk samples and/or for custom milling purposes is targeted for before 2025 year end, or once all required restart work has been completed and final approvals have been received by the Québec government, meanwhile equipment inspections, parts inventory, and maintenance work continues on a full-time basis at the company’s Beacon Gold Mill as part of its restart program including a final plan and budget to restart the mill to be completed by ABF Mines by late April once final inspections are complete

Management Team

Kal Malhi – Chairman

A successful entrepreneur and the founder of Bullrun Capital, Kal Malhi has raised over $300 million for various public and private companies across multiple industries, including mining, biotechnology and technology.

Paul Ténière – CEO

Paul Ténière has more than 20 years of experience in mine development, geology and project management. He has held senior leadership roles across multiple mining companies and is a recognized expert in NI 43-101 compliance and technical reporting.

Harry Nijjar – CFO and Corporate Secretary

Harry Nijjar is currently a managing director with Malaspina Consultants and provides CFO and strategic financial advisory services to his clients across many industries. This experience has allowed him to help his clients successfully navigate regulatory and financial environments within which they operate. Harry holds a CPA CMA designation from the Chartered Professional Accountants of British Columbia and a BComm from the University of British Columbia

Louis Martin – Technical Advisor and Exploration Manager

Louis Martin is a professional geoscientist. and has been a major contributor to the discovery of several gold and base metal deposits during his more than 40-year career. Martin has been fortunate to be part of the exploration teams that were awarded the Discovery of the Year by the AEMQ for the West Ansil Deposit (2005) and the Louvicourt Deposit (1989). He has worked on several advanced exploration projects that included bringing four of these projects into production. For the last eight years, Martin has worked as a technical advisor and geological consultant for numerous junior and major mining companies.

Preet Gill – Director

Preet Gill is a business professional offering leading development and implementation of superior business strategy. Gill has a proven track record of identifying and creating profitable business opportunities, qualifying authentic prospects, and cultivating strong partnerships. She has over 28 years of experience in leadership roles within Home Depot Canada and has an MBA from Royal Roads University and certificates in business leadership from Queen’s University.

Harveer Sidhu – Director

Harveer Sidhu is the founder of BuildSmartr.com and has served as a director, officer and audit committee member for publicly listed companies. Sidhu is experienced in manufacturing, import and exporting, information technology systems, e-commerce and construction project management. He is also the president and director of Beyond Medical Technologies. He holds a bachelor’s degree from Simon Fraser University and has been a licensed builder with BC Housing since 2014.

Michael Kelly – Director

Michael Kelly is a former member of the Canadian Armed Forces Military Police and a retired member of the Royal Canadian Mounted Police. Kelly currently serves as a Partner at BullRun Capital Inc. and is a respected businessman based in Kelowna, British Columbia. He is also a director and member of the audit committee of Beyond Medical Technologies, an industrial/technology company with a manufacturing facility located in Delta, British Columbia.

Jean Lafleur – Senior Advisor

A highly respected geologist with over 40 years of experience in the mining sector, Jean Lafleurhas led multiple exploration programs and mining projects, contributing to major gold discoveries worldwide.

This post appeared first on investingnews.com

Israel’s overnight strike on Iran was not only one of the most ambitious aerial campaigns in recent history, it was the result of years of covert planning, surveillance and infiltration by Israeli intelligence. 

While dozens of fighter jets bombed nuclear and military targets across Iran early Friday morning, the groundwork had long been laid by Mossad agents working in lockstep with the Israeli military.

Code-named ‘Am Kelavi’ (Rising Lion), the preemptive operation was the product of unprecedented coordination between the Israeli air force, the Military Intelligence Directorate, Mossad and the country’s defense industries. For years, they worked ‘shoulder to shoulder’ to gather the intelligence files needed to eliminate Iran’s most sensitive military and nuclear assets.

A senior Israeli security official told Fox News Digital, ‘The Mossad worked with a huge number of people—a mass of agents deep inside Iran, operating at the highest level of penetration imaginable. Some of these agents were retrained as commando fighters to carry out mission-critical operations.’

That work culminated in what the official described as a three-layered strike. ‘We eliminated vast areas of Iran’s surface-to-surface and surface-to-air missile infrastructure, a massive number of senior scientists, and large portions of their air defense systems.’

Mossad operation against Iran (Video: Mossad.)

‘We established a drone base inside Iran, and at zero hour, Mossad operatives retrieved them from hiding spots. We placed precision missiles on numerous vehicles and embedded additional missiles throughout the country, hidden inside rocks. We activated this entire array in precise coordination with the Israeli air force.’

Israeli jets launched simultaneous strikes on dozens of sites, including Iran’s primary uranium enrichment facility at Natanz. Located 1,500 kilometers from Israeli territory, Natanz had long been a critical part of Iran’s nuclear program. Brig. Gen. Effie Defrin, the Israeli Defense Forces spokesperson, described it as an underground compound containing multi-level centrifuge halls and electrical infrastructure.

‘We inflicted significant damage on this site,’ Defrin said. ‘This facility was used by the IRGC to advance Iran’s project for acquiring nuclear weapons.’

Avner Golov, vice president of the Mind Israel think tank, told Fox News Digital, ‘The biggest success was hitting the Natanz facility and neutralizing Iran’s first wave of retaliation—the automatic response. 

‘We took out their opening move—the ballistic missiles that were meant to launch immediately, and the drones that were already on the way. The fact that scientists were eliminated—that’s the true achievement.’

However, far beyond the airstrikes, Israeli sources revealed that a massive intelligence and sabotage campaign was unfolding in parallel inside Iran. A former senior Israeli official told Fox News Digital, ‘There was activity inside Iran—an insane level of intelligence work.

‘They located the entire command center of the Iranian Air Force. All the commanders were together, and they were taken out in real time.’

According to the same official, Iran’s military had gathered its top air force brass in one facility as part of a publicized drill meant to project deterrence. Instead, it exposed them. ‘It was partly luck, but also planned—the ability to see them in real time and strike with precision,’ he said. ‘It’s a reminder of what happened in Lebanon—taking out contaminated leadership with surgical intelligence.’

That operation in Lebanon, often referred to as the ‘pagers’ operation, saw Israel infiltrate and sabotage Hezbollah’s command network using Chinese-made radios embedded with explosives. The current operation, Israeli experts say, was broader, deeper, and more strategically impactful.

Attack on Iran

‘I think this is so much more substantial,’ said Nadav Eyal, an Israeli journalist and analyst for ‘Yediot Ahronot’ newspaper. ‘What was done here was much more than the James Bond kind of type of pagers operation. It’s more about the infrastructure, intelligence needed to read devastating strikes on military installations, and the ingenuity of its intelligence services—electronic surveillance, things that it’s been developing for many years now.’

The Mossad’s infiltration campaign involved the quiet smuggling of sophisticated weaponry into Iran, hidden inside vehicles and embedded near strategic targets. In central Iran, precision-guided weapons were planted near surface-to-air missile batteries and launched on command. Disguised vehicles were also used to destroy Iran’s air defense systems at the moment of the strike. Meanwhile, explosive drones positioned near Tehran were activated to destroy long-range missile launchers at the Esfajabad base.

All of it took place under the watch of Iranian intelligence and succeeded without detection.

Israeli defense officials now say the mission represents one of the most successful intelligence-military integrations in the country’s history. If the Lebanon pagers stunned the world, the message from this strike is even clearer: nowhere is out of reach.

This post appeared first on FOX NEWS

After decades of threats, Israel on Friday launched an audacious attack on Iran, targeting its nuclear sites, scientists and military leaders.

Israeli Prime Minister Benjamin Netanyahu said the operation had “struck at the head of Iran’s nuclear weaponization program.”

But international assessments, including by the US intelligence community, say that Iran’s nuclear program isn’t currently weaponized. Tehran has also repeatedly insisted it isn’t building a bomb.

Still, that doesn’t mean it couldn’t if it chose to.

Iran has spent decades developing its nuclear program and sees it as a source of national pride and sovereignty. It maintains the program is solely for peaceful energy purposes and plans to build additional nuclear power plants to meet domestic energy needs and free up more oil for export.

Nuclear plants require a fuel called uranium – and according to the UN nuclear watchdog, no other country has the kind of uranium that Iran currently does without also having a nuclear weapons program.

That has fueled suspicions that Iran isn’t being fully transparent about its intentions. Tehran has used its stockpile of weapons-grade uranium as a bargaining chip in talks with the United States, repeatedly saying it would get rid of it if US-led sanctions are lifted.

So, what exactly is uranium’s role in a nuclear weapon, and how far is Iran from weaponizing its program? Here’s what you need to know.

When did Iran’s nuclear program start?

The US launched a nuclear program with Iran in 1957. Back then, the Western-friendly monarch – the Shah – ruled Iran and the two countries were still friends.

With backing from the US, Iran started developing its nuclear power program in the 1970s. But the US pulled its support when the Shah was overthrown during the Islamic Revolution in 1979.

Since the revolution, which transformed Iran into an Islamic Republic, Western nations have worried the country could use its nuclear program to produce atomic weapons using highly enriched uranium.

Iran has maintained that it does not seek to build nuclear weapons. It is a party to the UN’s Nuclear Non-Proliferation Treaty (NPT), under which it has pledged not to develop a bomb.

Here’s where its nuclear facilities are located.

Why is the program so controversial?

At the heart of the controversy over Iran’s nuclear program is its enrichment of uranium – a process used to produce fuel for power plants that, at higher levels, can also be used to make a nuclear bomb.

In the early 2000s, international inspectors announced that they had found traces of highly enriched uranium at an Iranian plant in Natanz. Iran temporarily halted enrichment, but resumed it in 2006, insisting it was allowed under its agreement with the UN’s nuclear watchdog, the International Atomic Energy Agency (IAEA).

It prompted years of international sanctions against Iran.

After years of negotiations, Iran and six world powers in 2015 agreed to a nuclear deal that limited Iran’s nuclear threat in return for lighter sanctions.

The deal required Iran to keep its uranium enrichment levels at no more than 3.67%, down from near 20%, dramatically reduce its uranium stockpile, and phase out its centrifuges, among other measures.

Uranium isn’t bomb-grade until it’s enriched to 90% purity. And nuclear power plants that generate electricity use uranium that is enriched to between 3.5% and 5%.

Does Iran have nuclear weapons?

It’s unclear how close Iran might be to actually building a nuclear bomb, if at all, but it has made significant progress in producing its key ingredient: highly enriched uranium. In recent years, it has sharply reduced the time needed to reach weapons-grade levels – now requiring just about a week to produce enough for one bomb.

In 2018, Trump pulled out of the Iran nuclear deal and initiated new sanctions on the regime to cripple its economy.

Tehran in turn said it would stop complying with parts of the agreement, and started increasing uranium enrichment and uranium stockpiles, and using advanced centrifuges.

It removed all of the IAEA equipment previously installed for surveillance and monitoring activities.

The Biden administration then kicked off more than a year of indirect negotiations with Iran aimed at reviving the deal, but those broke down in 2022.

In 2023, the IAEA said uranium particles enriched to 83.7% purity – close to bomb-grade levels – were found at an Iranian nuclear facility. Its stockpile of uranium enriched up to 60% had also grown to 128.3 kilograms, the highest level then documented.

And last year, the US shortened Iran’s so-called “breakout time” – the amount of time needed to produce enough fissile material for a nuclear weapon – “to one or two weeks.”

An IAEA report sent to member states late last month said Iran’s stock of 60% purity enriched uranium had now grown to 408 kilograms. That is enough, if enriched further, for nine nuclear weapons, according to an IAEA yardstick.

The IAEA has long accused Iran of violating its non-proliferation obligations, but on Thursday – for the first time in almost 20 years – its board passed a resolution officially declaring Iran in breach of those obligations. Iran promised to respond by escalating its nuclear activities.

What exactly is enriched uranium?

Enrichment is a process that increases the amount of uranium-235, a special type of uranium used to power nuclear reactors or, in much higher amounts, to make nuclear weapons.

Natural uranium is mostly uranium‑238 – about 99.3%, which isn’t good for power or bombs. Only about 0.7% is uranium‑235, the part needed to release energy.

For nuclear energy use, that tiny amount of useful uranium-235 needs to be concentrated. To do this, uranium is first turned into a gas, then spun at high speeds in machines called centrifuges. These machines help separate uranium-235 from the more common uranium-238. That is what enrichment is.

Uranium used in nuclear power plants is typically enriched to about 3.67%. To make a nuclear bomb, it needs to be enriched to around 90%. Iran has enriched uranium to 60% – not enough for a bomb, but a major step closer to weapons-grade material.

Centrifuges are essential for enriching uranium. The more advanced the centrifuge, the faster and more efficiently it can separate uranium-235 from uranium-238 – shortening the time needed to produce nuclear fuel or, potentially, weapons-grade material. Iran has spent decades improving its centrifuge technology, starting with its first-generation IR-1 model in the late 1980s. Today, it operates thousands of machines, including advanced models like the IR-6 and IR-9.

According to the Arms Control Association, Iran’s current centrifuge capacity could allow it to produce enough weapons-grade uranium for a bomb in less than two weeks.

How has Iran’s nuclear program been hit?

Israel says it’s targeting Iran’s nuclear infrastructure in its attack.

The nuclear complex there, about 250 kilometers (150 miles) south of the capital Tehran, is considered Iran’s largest uranium enrichment facility. Analysts say the site is used to develop and assemble centrifuges for uranium enrichment, a key technology that turns uranium into nuclear fuel.

The IAEA said three nuclear sites, Fordow, Isfahan and Bushehr, had not been impacted.

Six of Iran’s nuclear scientists were also killed in Israel’s strikes, Iranian state-affiliated Tasnim news agency said.

Some facilities are buried deep underground to put them out of reach of Israel’s weapons.

This post appeared first on cnn.com