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  Pinnacle Silver and Gold Corp. 
 

  

  The recent installation of metal ladders provided new and safe access for the geological crew to sample a different portion of this zone on a sub-level, resulting in composite channel assays of   50.3 g/t Au and 269 g/t Ag over 1.7 metres, 34.6 g/t Au and 228 g/t Ag over 1.0 metre, 9.84 g/t Au and 141 g/t Ag over 4.2 metres and 8.33 g/t Au and 154 g/t Ag over 1.8 metres   .  

 

  ‘We continue to be impressed by the exceptional tenor and consistency of the grades at Pinos Cuates,’ stated   Robert Archer, Pinnacle’s President & CEO. ‘While the underground workings give us access to a portion of the mineralized zone, we still don’t know its extent. In these low-sulphidation epithermal systems, pockets of high-grade mineralization typically pinch and swell both along strike and up and down dip. The underground work is allowing us to characterize the mineralization such that we will be better able to find and delineate other zones within the Dos de Mayo vein system. Some follow up sampling on these results has already been conducted and we are planning an underground drilling program to better define the extent of this mineralized zone as it can be difficult to drill through underground workings from surface.’  

 

Individual Sample Results and Composite Channel Assays – Pinos Cuates Raise

 

                                                                                                                                        
 

Sample No.

 

 

Sample Length (m)

 

 

Composite No.

 

 

Composite Length (m)

 

 

Au g/t

 

 

Ag g/t

 

 

  Au Eq g/t   (1)  

 

 

  Ag Eq g/t   (1)  

 

 

  EPUG25421  

 

 

1.0

 

 

13

 

 

1.0

 

 

34.6

 

 

228

 

 

  37.2  

 

 

3,273

 

 

EPUG25422

 

 

0.5

 

 

14

 

   

85.1

 

 

520

 

   
 

  EPUG25423  

 

 

0.6

 

 

14

 

   

30.5

 

 

143

 

   
 

  EPUG25424  

 

 

0.6

 

 

14

 

   

41.1

 

 

187

 

   
     

14

 

 

1.7

 

 

50.3

 

 

269

 

 

53.4

 

 

4,696

 

 

  EPUG25425  

 

 

0.8

 

 

15

 

   

7.8

 

 

59

 

   
 

  EPUG25426  

 

 

0.6

 

 

15

 

   

24.1

 

 

288

 

   
 

  EPUG25427  

 

 

0.7

 

 

15

 

   

5.8

 

 

138

 

   
 

  EPUG25428  

 

 

0.7

 

 

15

 

   

17.4

 

 

327

 

   
 

  EPUG25429  

 

 

0.7

 

 

15

 

   

4.0

 

 

38

 

   
 

  EPUG25430  

 

 

0.7

 

 

15

 

   

2.3

 

 

31

 

   
     

15

 

 

4.2

 

 

9.8

 

 

141

 

 

11.5

 

 

1,077

 

 

  EPUG25431  

 

 

0.5

 

 

16

 

   

10.7

 

 

214

 

   
 

  EPUG25432  

 

 

0.5

 

 

16

 

   

15.0

 

 

256

 

   
 

  EPUG25433  

 

 

0.8

 

 

16

 

   

2.7

 

 

52

 

   
     

16

 

 

1.8

 

 

8.3

 

 

154

 

 

10.1

 

 

887

 

 

  1   Gold and silver equivalents calculated using a gold:silver price ratio of 88 (i.e. 88 g/t silver = 1 g/t gold). The metal prices used to determine the 88:1 ratio are the closing spot prices in New York on July 18, 2025: US$3,347.90/oz gold and US$38.11/oz silver.  

 

  A total of 42 channel samples were taken in 16 composite channels in the raise. Grades ranged from 0.105 to 85.1 g/t Au and 9 to 520 g/t Ag. All samples were assayed for gold, silver and a suite of 32 other elements, including copper, lead and zinc. However, the base metal assays were consistently low, confirming that this is a precious metal dominant system.  

 

  The Pinos Cuates mine is the middle of three historic mines along a 500 metre strike length on the Dos de Mayo vein system on the Potrero property. Underground sampling is continuing at the Dos de Mayo mine to the southeast and will be followed by sampling of the La Dura mine to the northwest. The vein system has been traced on surface for 1,600 metres and there are other parallel and splay veins that are being further defined as the property has never been systematically explored. The mine workings are currently being accurately surveyed such that a 3D model can be created.  

 

QA/QC

 

  The technical results contained in this news release have been reported in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects (‘NI 43-101’). Pinnacle has implemented industry standard practices for sample preparation, security and analysis given the stage of the Project. This has included common industry QA/QC procedures to monitor the quality of the assay database, including inserting certified reference material samples and blank samples into sample batches on a predetermined frequency basis.  

 

  The systematic chip channel sampling was completed across exposed mineralized structures using a hammer and maul. The protocol for sample lengths established that they were not longer than two metres or shorter than 0.3 metres. The veins tend to be steeply dipping to vertical, and so these samples are reasonably close to representing the true widths of the structures. Samples were collected along the structural strike or oblique to the main structural trend.  

 

  All samples were bagged in pre-numbered plastic bags; each bag had a numbered tag inside and were tied off with adhesive tape and then bulk bagged in rice bags in batches not to exceed 40 kg. They were then numbered, and batch bags were tied off with plastic ties and delivered directly to the SGS laboratory facility in Durango, Mexico for preparation and analysis. The lab is accredited to ISO/IEC 17025:2017. All Samples were delivered in person by the contract geologist who conducted the sampling under the supervision of the QP.  

 

  SGS sample preparation code G_PRP89 including weight determination, crushing, drying, splitting, and pulverizing was used following industry best practices where all samples were crushed to 75% less than 2 mm, riffle split off 250 g, pulverized split to >85% passing 75 microns (μm). All samples were analyzed for gold using code GA_FAA30V5 with a Fire Assay determination on 30g samples with an Atomic Absorption Spectography finish. An ICP-OES analysis package (Inductively Coupled Plasma – Optical Emission Spectrometry) including 33 elements and 4-acid digestion was performed (code GE_ICP40Q12) to determine Ag, Zn, Pb, Cu and other elements.  

 

Qualified Person

 

  Mr. Jorge Ortega, P. Geo, a Qualified Person, and independent from Pinnacle, as defined by National Instrument 43-101, and the author of the NI 43-101 Technical Report for the Potrero Project, has reviewed, verified and approved for disclosure the technical information contained in this news release.  

 

  About the Potrero Property  

 

  El Potrero is located in the prolific Sierra Madre Occidental of western Mexico and lies within 35 kilometres of four operating mines, including the 4,000 tonnes per day (tpd) Ciénega Mine (Fresnillo), the 1,000 tpd Tahuehueto Mine (Luca Mining) and the 250 tpd Topia Mine (Guanajuato Silver).  

 

  High-grade   gold-silver mineralization occurs in a low sulphidation epithermal breccia vein system hosted within andesites of the Lower Volcanic Series and has three historic mines along a 500 metre strike length. A historic resource based upon underground sampling of those three mines is reported to consist of 45,561 tonnes at 8.0 g/t gold and 186 g/t silver. (These resources are historical in nature and Pinnacle is not treating these estimates as current mineral resources as a qualified person on behalf of Pinnacle has not done sufficient work to classify them as current mineral resources.) The property has been in private hands for almost 40 years and has never been systematically explored by modern methods, leaving significant exploration potential.  

 

  A 100 tpd plant on site can be refurbished / rebuilt and historic underground mine workings rehabilitated at relatively low cost in order to achieve near-term production once permits are in place. The property is road accessible with a power line within three kilometres. Surface rights covering the plant and mine area are privately owned (no community issues).  

 

  Pinnacle will earn an initial 50% interest immediately upon commencing production. The goal would then be to generate sufficient cash flow with which to further develop the project and increase the Company’s ownership to 100% subject to a 2% NSR. If successful, this approach would be less dilutive for shareholders than relying on the equity markets to finance the growth of the Company.  

 

      About Pinnacle Silver and Gold Corp.  

 

  Pinnacle   is   focused   on   district-scale   exploration   for   precious   metals   in the Americas. The high-grade Potrero gold-silver project in Mexico’s Sierra Madre Belt hosts an underexplored low-sulphidation epithermal vein system and provides the potential for near-term production   .   In the prolific   Red   Lake   District   of   northwestern   Ontario, the Company owns a 100%   interest in the   past-producing,   high-grade   Argosy   Gold   Mine and the adjacent North Birch   Project   with an eight-kilometre-long target horizon   .   With   a   seasoned,   highly   successful   management   team   and   quality   projects,   Pinnacle   Silver   and   Gold   is committed   to   building   long   -term   ,   sustainable   value   for   shareholders.  

 

  Signed: ‘Robert A. Archer’  

 

  President & CEO  

 

    For further information contact   :  

 

  Email:     info@pinnaclesilverandgold.com    

 

  Tel.: +1 (877) 271-5886 ext. 110  

 

    Website:     www.pinnaclesilverandgold.com    

 

  Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release   .  

 

Copyright (c) 2025 TheNewswire – All rights reserved.

 

 

News Provided by TheNewsWire via QuoteMedia

This post appeared first on investingnews.com

 

Virtual Investor Conferences, the leading proprietary investor conference series announced the agenda for the Metals & Mining Virtual Investor Conference to be held July 23 rd and 24 th .

 

Individual investors, institutional investors, advisors, and analysts are invited to attend.

 

   REGISTER HERE   

 

It is recommended that investors pre-register and run the online system check to expedite participation and receive event updates. There is no cost to log-in, attend live presentations, or schedule 1×1 meetings with management.

 

‘We’re pleased to bring together a diverse lineup of resource companies for this new edition of the Metals & Mining Virtual Investor Conference,’ said Jason Paltrowitz, Executive Vice President of Corporate Services at OTC Markets Group. ‘From explorers to producers, these companies reflect the depth and global reach of today’s metals and mining sector. This two-day event continues to be an effective platform for companies—whether OTCQX, OTCQB, OTCID, or exchange listed—to connect with investors and share their strategic vision in real time.’

 

  July 23   rd  

 

                                 
  Eastern  
Time (ET)  
  Presentation     Ticker(s)  
  9:30 AM ET   Andean Silver Ltd.   (OTCQX: ADSLF | ASX: ASL)  
  10:00 AM ET   G50 Corp. Limited   (OTCQB: GFTYF | ASX: G50)  
  10:30 AM ET   Silver Tiger Metals Inc.   (OTCQX: SLVTF | TSXV: SLVR)  
  11:00 AM ET   Viva Gold Corp.   (OTCQB: VAUCF | TSXV: VAU)  
  11:30 AM ET   Liberty Gold Corp.   (OTCQX: LGDTF | TSX: LGD)  
  12:00 PM ET   UR-Energy Inc.   (NYSE American: URG | TSX: URE)  
  12:30 PM ET   Arizona Sonoran Copper Company   (OTCQX: ASCUF | TSX: ASCU)  
  1:00 PM ET   Northisle Copper & Gold Inc.   (OTCQX: NTCPF | TSXV: NCX)  
  1:30 PM ET    Element79 Gold Corp.    (OTCQB: ELMGF | CSE: ELEM,OTC:ELMGF)
  2:00 PM ET   Rackla Metals Inc.   (TSXV: RAK)  

 

  
July 24
  th  

 

                        
  Eastern  
Time (ET)  
  Presentation     Ticker(s)  
  11:00 AM ET   Heliostar Metals Ltd.   (OTCQX: HSTXF | TSXV: HSTR)  
  11:30 AM ET   Camino Minerals Corp   (OTCID: CAMZF | TSXV: COR)  
  12:00 PM ET   West Red Lake Gold Mines   (OTCQB: WRLGF | TSXV: WRLG)  
  12:30 PM ET   Silver47 Exploration Corp.   (OTCQB: AAGAF | TSXV: AGA)  
  1:30 PM ET   Axcap Ventures Inc.   (OTCID: GARLF | CSE: AXCP)  
  2:00 PM ET   AbraSilver Resource Corp.   (OTCQX: ABBRF | TSX: ABRA)  
  2:30 PM ET   Myriad Uranium Corp.   (OTCQB: MYRUF | CSE: M)  

 

 
To facilitate investor relations scheduling and to view a complete calendar of Virtual Investor Conferences, please visit www.virtualinvestorconferences.com .

 

  About Virtual Investor Conferences   ®

 

Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.

 

Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access. Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.

 

  Media Contact:  
OTC Markets Group Inc. +1 (212) 896-4428,   media@otcmarkets.com   

 

  Virtual Investor Conferences Contact:  
John M. Viglotti
SVP Corporate Services, Investor Access
OTC Markets Group
(212) 220-2221
johnv@otcmarkets.com  

 

  Primary Logo 

 

 

News Provided by GlobeNewswire via QuoteMedia

This post appeared first on investingnews.com

 

(TheNewswire)

 

  
  Pinnacle Silver and Gold Corp. 
 

  

  The recent installation of metal ladders provided new and safe access for the geological crew to sample a different portion of this zone on a sub-level, resulting in composite channel assays of   50.3 g/t Au and 269 g/t Ag over 1.7 metres, 34.6 g/t Au and 228 g/t Ag over 1.0 metre, 9.84 g/t Au and 141 g/t Ag over 4.2 metres and 8.33 g/t Au and 154 g/t Ag over 1.8 metres   .  

 

  ‘We continue to be impressed by the tenor and consistency of the grades at Pinos Cuates,’ stated   Robert Archer, Pinnacle’s President & CEO.  ‘While the underground workings give us access to a portion of the mineralized zone, we still don’t know its extent.  In these low-sulphidation epithermal systems, pockets of high-grade mineralization typically pinch and swell both along strike and up and down dip.  The underground work is allowing us to characterize the mineralization such that we will be better able to find and delineate other zones within the Dos de Mayo vein system.  Some follow up sampling on these results has already been conducted and we are planning an underground drilling program to better define the extent of this mineralized zone as it can be difficult to drill through underground workings from surface.’  

 

Individual Sample Results and Composite Channel Assays – Pinos Cuates Raise

 

                                                                                                      
 

Sample No.

 

 

Sample Length (m)

 

 

Composite No.

 

 

Composite Length (m)

 

 

Au g/t

 

 

Ag g/t

 

 

  EPUG25421  

 

 

1.0

 

 

13

 

 

1.0

 

 

34.6

 

 

228

 

 

EPUG25422

 

 

0.5

 

 

14

 

   

85.1

 

 

520

 

 

  EPUG25423  

 

 

0.6

 

 

14

 

   

30.5

 

 

143

 

 

  EPUG25424  

 

 

0.6

 

 

14

 

   

41.1

 

 

187

 

     

14

 

 

1.7

 

 

50.3

 

 

269

 

 

  EPUG25425  

 

 

0.8

 

 

15

 

   

7.8

 

 

59

 

 

  EPUG25426  

 

 

0.6

 

 

15

 

   

24.1

 

 

288

 

 

  EPUG25427  

 

 

0.7

 

 

15

 

   

5.8

 

 

138

 

 

  EPUG25428  

 

 

0.7

 

 

15

 

   

17.4

 

 

327

 

 

  EPUG25429  

 

 

0.7

 

 

15

 

   

4.0

 

 

38

 

 

  EPUG25430  

 

 

0.7

 

 

15

 

   

2.3

 

 

31

 

     

15

 

 

4.2

 

 

9.8

 

 

141

 

 

  EPUG25431  

 

 

0.5

 

 

16

 

   

10.7

 

 

214

 

 

  EPUG25432  

 

 

0.5

 

 

16

 

   

15.0

 

 

256

 

 

  EPUG25433  

 

 

0.8

 

 

16

 

   

2.7

 

 

52

 

     

16

 

 

1.8

 

 

8.3

 

 

154

 

 

  A total of 42 channel samples were taken in 16 composite channels in the raise.  Grades ranged from 0.105 to 85.1 g/t Au and 9 to 520 g/t Ag.  All samples were assayed for gold, silver and a suite of 32 other elements, including copper, lead and zinc.  However, the base metal assays were consistently low, confirming that this is a precious metal dominant system.  

 

  The Pinos Cuates mine is the middle of three historic mines along a 500 metre strike length on the Dos de Mayo vein system on the Potrero property.  Underground sampling is continuing at the Dos de Mayo mine to the southeast and will be followed by sampling of the La Dura mine to the northwest.  The vein system has been traced on surface for 1,600 metres and there are other parallel and splay veins that are being further defined as the property has never been systematically explored.  The mine workings are currently being accurately surveyed such that a 3D model can be created.  

 

QA/QC

 

  The technical results contained in this news release have been reported in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects (‘NI 43-101’).  Pinnacle has implemented industry standard practices for sample preparation, security and analysis given the stage of the Project.  This has included common industry QA/QC procedures to monitor the quality of the assay database, including inserting certified reference material samples and blank samples into sample batches on a predetermined frequency basis.  

 

  The systematic chip channel sampling was completed across exposed mineralized structures using a hammer and maul.  The protocol for sample lengths established that they were not longer than two metres or shorter than 0.3 metres.  The veins tend to be steeply dipping to vertical, and so these samples are reasonably close to representing the true widths of the structures.  Samples were collected along the structural strike or oblique to the main structural trend.  

 

  All samples were bagged in pre-numbered plastic bags; each bag had a numbered tag inside and were tied off with adhesive tape and then bulk bagged in rice bags in batches not to exceed 40 kg.  They were then numbered, and batch bags were tied off with plastic ties and delivered directly to the SGS laboratory facility in Durango, Mexico for preparation and analysis.  The lab is accredited to ISO/IEC 17025:2017.  All Samples were delivered in person by the contract geologist who conducted the sampling under the supervision of the QP.  

 

  SGS sample preparation code G_PRP89 including weight determination, crushing, drying, splitting, and pulverizing was used following industry best practices where all samples were crushed to 75% less than 2 mm, riffle split off 250 g, pulverized split to >85% passing 75 microns (μm).  All samples were analyzed for gold using code GA_FAA30V5 with a Fire Assay determination on 30g samples with an Atomic Absorption Spectography finish.  An ICP-OES analysis package (Inductively Coupled Plasma – Optical Emission Spectrometry) including 33 elements and 4-acid digestion was performed (code GE_ICP40Q12) to determine Ag, Zn, Pb, Cu and other elements.  

 

Qualified Person

 

  Mr. Jorge Ortega, P. Geo, a Qualified Person, and independent from Pinnacle, as defined by National Instrument 43-101, and the author of the NI 43-101 Technical Report for the Potrero Project, has reviewed, verified and approved for disclosure the technical information contained in this news release.  

 

  About the Potrero Property  

 

  El Potrero is located in the prolific Sierra Madre Occidental of western Mexico and lies within 35 kilometres of four operating mines, including the 4,000 tonnes per day (tpd) Ciénega Mine (Fresnillo), the 1,000 tpd Tahuehueto Mine (Luca Mining) and the 250 tpd Topia Mine (Guanajuato Silver).  

 

  High-grade   gold-silver mineralization occurs in a low sulphidation epithermal breccia vein system hosted within andesites of the Lower Volcanic Series and has three historic mines along a 500 metre strike length.  The property has been in private hands for almost 40 years and has never been systematically explored by modern methods, leaving significant exploration potential.  

 

  A previously operational 100 tpd plant on site can be refurbished / rebuilt and historic underground mine workings rehabilitated at relatively low cost in order to achieve near-term production once permits are in place. The property is road accessible with a power line within three kilometres.  Surface rights covering the plant and mine area are privately owned (no community issues).  

 

  Pinnacle will earn an initial 50% interest immediately upon commencing production.  The goal would then be to generate sufficient cash flow with which to further develop the project and increase the Company’s ownership to 100% subject to a 2% NSR.  If successful, this approach would be less dilutive for shareholders than relying on the equity markets to finance the growth of the Company.  

 

      About Pinnacle Silver and Gold Corp.  

 

  Pinnacle   is   focused   on   district-scale   exploration   for   precious   metals   in the Americas.  The high-grade Potrero gold-silver project in Mexico’s Sierra Madre Belt hosts an underexplored low-sulphidation epithermal vein system and provides the potential for near-term production   .   In the prolific   Red   Lake   District   of   northwestern   Ontario, the Company owns a 100%   interest in the   past-producing,   high-grade   Argosy   Gold   Mine and the adjacent North Birch   Project   with an eight-kilometre-long target horizon   .   With   a   seasoned,   highly   successful   management   team   and   quality   projects,   Pinnacle   Silver   and   Gold   is committed   to   building   long   -term   ,   sustainable   value   for   shareholders.  

 

  Signed: ‘Robert A. Archer’  

 

  President & CEO  

 

    For further information contact   :  

 

  Email:     info@pinnaclesilverandgold.com    

 

  Tel.:  +1 (877) 271-5886 ext. 110  

 

    Website:     www.pinnaclesilverandgold.com    

 

  Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release   .  

 

Copyright (c) 2025 TheNewswire – All rights reserved.

 

 

News Provided by TheNewsWire via QuoteMedia

This post appeared first on investingnews.com

The artificial intelligence arms race is entering a new phase as major industry players ramp up investments to keep up with their rivals.

In the span of just a few weeks, the world’s biggest tech firms have unveiled a flurry of moves aimed at shoring up their positions, ranging from massive chip and data center deals to fresh funding rounds.

Oracle bets big on OpenAI’s Stargate vision

OpenAI has expanded its partnership with Oracle (NYSE:ORCL) to deliver an additional 4.5 gigawatts of data center capacity in the US, pushing the total capacity of its Stargate AI infrastructure platform to over 5 gigawatts.

According to the company, the development will run on more than 2 million chips and is poised to play a central role in OpenAI’s push to reindustrialize American tech infrastructure while delivering what it describes as the ‘benefits of AI to everyone.’

The agreement with Oracle alone will also generate over 100,000 jobs in the US, spanning construction, operations, and manufacturing roles. Much of the current work is already underway at the Stargate I site in Abilene, Texas, where Oracle began delivering racks of Nvidia’s new GB200 chips last month.

“We now expect to exceed our initial commitment thanks to strong momentum with partners including Oracle and SoftBank,” OpenAI said in the statement.

The original commitment, announced at the White House earlier this year, involved a pledge to invest US$500 billion into 10 gigawatts of AI infrastructure in the US over four years.

Google moves to repair media ties with AI licensing push

Alphabet’s (NASDAQ:GOOGL) Google announced that it is in the early stages of negotiating licensing deals with roughly 20 national news outlets as part of a pilot program aimed at securing content for AI training and product integration.

“We’ve said that we’re exploring and experimenting with new types of partnerships and product experiences, but we aren’t sharing details about specific plans or conversations at this time,” a Google spokesperson said in a statement as reported by Bloomberg.

The company representative declined to confirm which media outlets had been approached.

The outreach follows growing pressure on major AI companies to compensate publishers whose content is increasingly used to train chatbots and generative search tools.

Tensions between Silicon Valley and news publishers have escalated over the past year. In December 2023, the New York Times filed a copyright lawsuit against OpenAI and Microsoft (NASDAQ:MSFT), alleging that their AI models were trained on millions of Times articles without permission.

At the same time, platforms like Google Search and its Gemini-powered “AI Overviews” have continued to draw content from publishers without offering direct compensation, prompting fears that generative AI could further erode traffic to original news sources.

Reka AI hits US$1 billion valuation in Nvidia-led funding round

While OpenAI and Google scale infrastructure and broker content deals, venture capital continues to flow into AI startups aiming to disrupt the model development space.

On Tuesday (July 22), Reka AI—a lesser-known player developing efficient large language models—announced a US$110 million Series B round that vaulted its valuation above US$1 billion.

The round was backed by NVIDIA Corporation (NASDAQ:NVDA) and Snowflake (NYSE:SNOW), among others.

Founded in 2022 by former researchers from Google and Meta, Reka claims it can build powerful foundation models with greater efficiency than its larger peers. The startup has also expanded its product offerings to include enterprise tools for application logic and interface development.

Snowflake, which previously held acquisition talks with Reka, now plans to integrate Reka’s models into its customer offerings.

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

This post appeared first on investingnews.com

President Donald Trump claimed that former President Barack Obama was the ‘ringleader’ of Russiagate, calling for him to be criminally investigated amid new claims that members of his administration allegedly ‘manufactured’ intelligence that prompted the Trump–Russia collusion narrative.

Director of National Intelligence Tulsi Gabbard recently declassified documents revealing ‘overwhelming evidence’ that claimed that after Trump won the 2016 election against Hillary Clinton, then-President Obama and his national security team allegedly laid the groundwork for what would be the yearslong Trump–Russia collusion probe.

Gabbard said the documents revealed that Obama administration officials ‘manufactured and politicized intelligence’ to allegedly create the narrative that Russia was attempting to influence the 2016 presidential election, despite information from the intelligence community stating otherwise.

The new documents name Obama, top officials on his National Security Council, Director of National Intelligence James Clapper, CIA Director John Brennan, national security advisor Susan Rice, Secretary of State John Kerry, Attorney General Loretta Lynch and Deputy FBI Director Andrew McCabe, among others.

Gabbard, on Monday, sent a criminal referral to the Justice Department related to those findings. Department of Justice officials did not share further details on whom the criminal referral was for.

As for Gabbard’s criminal referral, Trump was asked which specific figures should be under criminal investigation, to which he replied: ‘President Obama. He started it.’

‘And Biden was there with him, and Comey was there, and Clapper, the whole group was there. Brennan. They were all there in the room right here. This is the room,’ Trump said from the Oval Office Tuesday during a meeting with the president of the Philippines. ‘It was President Obama. It was lots of people all over the place.’

None of the former Obama-era officials have responded to Fox News Digital’s request for comment.

The president went on to say that his administration has ‘all of the documents, and from what Tulsi told me, she’s got thousands of additional documents coming.’

‘So President Obama, it was his concept – his idea,’ Trump said Tuesday. ‘But he also got it from crooked Hillary Clinton – crooked as a $3 bill, and Hillary Clinton and her group, the Democrats, spent $12 million to Christopher Steele to write up a report that was a total fake report.’

Steele authored the discredited anti-Trump dossier, which was paid for by the Clinton campaign and the Democratic National Committee through law firm Perkins Coie.

The anti-Trump dossier served as the basis for Foreign Intelligence Surveillance Act (FISA) warrants against former Trump campaign aide Carter Page.

The intelligence community, at the time, widely viewed the dossier as ‘internet rumor,’ but top officials, like Comey, McCabe and Brennan, reportedly pushed for its inclusion in the 2017 Intelligence Community Assessment.

‘It took two years to figure that out, but it came out that it was a total fake report – it was made-up fiction – and they used that,’ Trump said. ‘The Steele report was a disaster – all lies, all fabrication, all admitted fraud.’

Meanwhile, Trump said ‘we caught Hillary Clinton, we got Barack Hussein Obama. They’re the ones. And then you have many, many people under them. Susan Rice – they’re all the names.’

‘I guess they figured they’re going to put this in as classified information and nobody will ever see it again – but it doesn’t work that way,’ Trump said. ‘It is the most unbelievable thing I think I’ve ever read.’ 

Trump added: ‘Never has a thing like this happened in the history of our country.’ 

On July 28, 2016, Brennan briefed President Obama on a plan from one of Clinton’s campaign foreign policy advisors ‘to vilify Donald Trump by stirring up a scandal claiming interference by the Russian security service,’ meeting notes said. 

‘We’re getting additional insight into Russian activities from (REDACTED),’ read Brennan’s handwritten notes, exclusively obtained by Fox News Digital in October 2020. ‘CITE (summarizing) alleged approved by Hillary Clinton a proposal from one of her foreign policy advisers to vilify Donald Trump by stirring up a scandal claiming interference by the Russian security service.’

After that briefing, the CIA properly forwarded that information through a Counterintelligence Operational Lead (CIOL) to Comey and Deputy Assistant Director of Counterintelligence Peter Strzok, with the subject line: ‘Crossfire Hurricane.’

Former Special Counsel Robert Mueller was appointed to take over the FBI’s original ‘Crossfire Hurricane’ investigation. After nearly two years, Mueller’s investigation, which concluded in March 2019, yielded no evidence of criminal conspiracy or coordination between the Trump campaign and Russian officials during the 2016 presidential election.

Shortly after, John Durham was appointed as special counsel to investigate the origins of the ‘Crossfire Hurricane’ probe.

Durham found that the FBI ‘failed to act’ on a ‘clear warning sign’ that the bureau was the ‘target’ of a Clinton-led effort to ‘manipulate or influence the law enforcement process for political purposes’ ahead of the 2016 presidential election.

Comey and Brennan are currently under criminal investigation, launched by FBI Director Kash Patel. 

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Three House committees are banding together to subpoena Democratic fundraising giant ActBlue on Tuesday, accusing the platform of having accepted ‘fraudulent or illegal’ donations for left-wing candidates.

‘In light of allegations that online fundraising platforms that serve as conduits for political donations have accepted fraudulent donations from domestic and foreign sources, the Committees are conducting oversight to inform potential legislative reforms,’ House investigators’ letter to ActBlue read.

‘To further our oversight and legislative reform efforts, on April 2, 2025, the Committees requested documents and communications related to internal misconduct and whistleblower retaliation at ActBlue. Although ActBlue initially provided documents voluntarily, it has since suspended its cooperation with the Committees. Therefore, the Committee on House Administration must resort to compulsory process to obtain the requested materials.’

The subpoena is being led by Committee on House Administration Chair Bryan Steil, R-Wis., House Oversight Committee Chair James Comer, R-Ky., and House Judiciary Committee Chair Jim Jordan, R-Ohio.

Their letter said ActBlue had initially appeared to work with the House committees in April and May before having ‘abruptly changed course’ in June.

‘ActBlue did not provide a legitimate legal basis for refusing future cooperation with the Committees, and instead made baseless and untrue allegations about the Committees’ motives,’ the lawmakers said.

The committees have been jointly investigating ActBlue ever since first raising concerns about their donation practices in 2023.

At the time, Steil accused ActBlue of failing to properly account for private citizens’ security by not requiring a CVV number for credit card donations. That has since changed, however, and ActBlue does currently require that information.

His and other Republicans’ probe has since expanded to question whether ActBlue accepted donations from foreign actors.

Late last month, the committees subpoenaed current and former ActBlue employees to appear for transcribed interviews. They also previously subpoenaed ActBlue itself in October 2024.

Their new subpoena to ActBlue and letter to CEO Regina Wallace-Jones is another escalation in the probe, however.

In a statement to Fox News in late 2024, an ActBlue spokesperson accused Steil of perpetuating ‘inaccuracies and misrepresentations about our platform.’

‘We rigorously protect donors’ security and maintain strict anti-fraud compliance practices. We have zero tolerance for fraud on our platform,’ the spokesperson said at the time.

The latest subpoena letter accused ActBlue of lying about the committees ‘improperly coordinating’ with the Department of Justice (DOJ) on the matter, and of giving a weak explanation for its lack of cooperation.

‘ActBlue alleges that the Committees are pursuing oversight for an improper purpose of fact-finding for a Department of Justice investigation. This assertion is inaccurate,’ the lawmakers said.

‘As we have explained, the Committees have a legislative interest in protecting the integrity of federal elections and upholding fundamental civil liberties by ensuring that online fundraising platforms are not vulnerable to bad actors, including foreign actors.’

The subpoena gives ActBlue a deadline of Aug. 12 to turn over documents lawmakers are seeking.

Fox News Digital reached out to ActBlue for comment but did not immediately hear back.

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Senators are set to take a key vote on Tuesday that could determine the outcome of government funding in the coming months and whether a partial government shutdown is on the horizon. But the vote on appropriations bills – normally a collegial process – is turning acrimonious, as some Democrats feel burned by how Republicans worked to pass spending cuts.

Lawmakers in the upper chamber will vote on their first tranche of appropriations bills for this fiscal year, but whether the typically popular and bipartisan measures pass remains unclear as Senate Democrats seem prepared to derail the process in protest of recent partisan moves by Republicans – moves they say have eaten away at the trust that binds the appropriations process.

Senate Republicans last week passed President Donald Trump’s $9 billion clawback package that slashes funding from foreign aid programs and public broadcasting, including NPR and PBS.

That came after Senate Minority Leader Chuck Schumer, D-N.Y., warned that advancing the bill could have consequences for the typically bipartisan government funding process in the upper chamber. Meanwhile, Office of Management and Budget Director Russ Vought said that more rescissions would be on the way.

Senate Majority Leader John Thune, R-S.D., noted that any consideration of spending bills would require ‘cooperation’ from Democrats, and that the forthcoming vote would give Republicans a glimpse of where their colleagues stood on funding the government ahead of the Sept. 30 deadline.

‘It was deeply disappointing to hear the Democrat leader threaten to shut down the government if Republicans dared to pass legislation to trim just one-tenth of 1% of the federal budget,’ Thune said.

Schumer scoffed at Thune calling for more bipartisanship in appropriations and accused Thune of ‘talking out of both sides of his mouth.’ 

‘We will see how the floor process evolves here on the floor given Republicans’ recent actions undermining bipartisan appropriations,’ he said. ‘Nothing is guaranteed.’ 

Among the bills that could be considered are spending bills that fund military construction and the VA, agriculture and the Food and Drug Administration, and the legislative branch. The bills will need at least 60 votes to blow through the first procedural hurdle in the Senate.

Senate Democrats are set to meet Tuesday afternoon ahead of the vote to determine whether they’ll support the expected bill package.

Sen. Chris Murphy, D-Conn., a member of the Senate Appropriations Committee, said that he and his colleagues had yet to receive guidance from Democratic leadership, but noted that the threat of Democratic resistance was a problem of the GOP’s own making. He said that the GOP had ‘an obligation to give Democrats answers to how…they can guarantee that our votes mean anything.’

‘I think Republicans have created a crisis, and they need to figure out how to solve it,’ the Connecticut Democrat said. ‘We can’t do appropriations bills with this escalating promise from the administration to cancel all Democratic spending as soon as we vote for it.’

Sen. Mike Rounds, also a member of the spending panel, hoped that lawmakers could make the appropriations process work this year, but acknowledged that Democratic resistance could lead Congress to once again turn to another government funding extension, known as a continuing resolution.

He contended that if Democrats were willing to give up on a bipartisan process it would only be to the advantage of the Trump administration.

‘So, part of it is, do we actually want an appropriations process,’ he said.

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Sen. Josh Hawley, R-Mo., is pushing a resolution that would indicate that the Senate denounces the persecution of Christians in Muslim-majority nations, while Rep. Riley Moore, R-W.V., and several other House Republicans are pushing a House version that would declare the lower chamber’s condemnation of such persecution.

The resolutions urge the president to prioritize the defense of persecuted Christians in America’s foreign policy, including via ‘diplomatic engagement with Muslim-majority countries’ as well as ‘efforts to stabilize the Middle East.’

The proposed resolutions also urge the president to leverage the diplomatic toolkit ‘to advance the protection of persecuted Christians worldwide and within Muslim-majority countries.’

Fox News Digital reached out to the White House, which did not provide comment.

‘Our country was founded on religious liberty. We cannot sit on the sidelines as Christians around the world are being persecuted for declaring Jesus Christ as their Lord and Savior. We must condemn these heinous crimes,’ Hawley said, according to press releases issued by the offices of Hawley and Moore.

‘Year after year, the number of Christians murdered by extremists in Nigeria has numbered in the thousands. Millions more have been displaced. We cannot allow this to continue. I urge my colleagues to join me in condemning the persecution of Christians around the world by supporting this resolution.’

Original cosponsors in the House included GOP Reps. Greg Steube of Florida, Michael Guest of Mississippi, Glenn Grothman of Wisconsin, Addison McDowell of North Carolina, Brandon Gill of Texas, Pat Harrigan of North Carolina, and Anna Paulina Luna of Florida.

While not an original cosponsor, Rep. Warren Davidson, R-Ohio, is a cosponsor of the resolution in the House, according to congress.gov.

‘Around the world, our brothers and sisters in Christ face rampant persecution for simply acknowledging the name of Jesus. That is unacceptable. In Nigeria alone, more than 50,000 Christians have been martyred and more than 5 million have been displaced simply for professing their faith. During a Divine Liturgy in Damascus last month, an islamic jihadist opened fire on worshippers and detonated an explosive device — killing at least 30 and wounding dozens more. These examples illustrate the violence and death Christians face on a daily basis,’ Moore said, according to press releases.

‘Unfortunately, decades of U.S. foreign policy blunders have exacerbated this crisis, with ethno-religious cleansing accelerating in Iraq after our failure to stabilize the country following the 2003 invasion. We as lawmakers cannot continue to sit idly by. I urge my colleagues to join me in condemning the persecution of Christians across the globe.’

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Continued fallout from the handling of Jeffrey Epstein’s case has partially paralyzed House Republicans’ agenda this week.

Frustrated GOP lawmakers have found themselves in a political minefield over the late pedophile, pointing fingers at each other, Democrats and even the Trump administration as members of President Donald Trump’s base continue to clamor for immediate transparency.

‘We ought to be consistent and transparent. So we have consistently asked for the release of the Epstein files, and that shouldn’t stop now that we are in charge,’ one House Republican told Fox News Digital under the condition of anonymity.

‘This issue is not going away. The quicker we deal with it and nip it in the bud, then we take it off the table as an issue the Democrats can use against us and can be used, as you see, procedurally, to stop other good legislation from going through.’

A Department of Justice (DOJ) memo earlier this month declaring the Epstein case closed ignited a civil war within the GOP, with figures on the far right accusing Trump officials of stonewalling despite promises of transparency.

Days later, Trump called on a federal judge to release grand jury testimony in Epstein’s case.

Democrats, meanwhile, have seized on the discord with newfound calls to ‘release the Epstein files,’ as Rep. Jim McGovern, D-Mass., the top Democrat on the House Rules Committee, put it on multiple occasions.

Democrats on the panel – which serves as the final gatekeeper to legislation that requires a simple majority vote – have used their ability to introduce an unlimited number of amendments during committee hearings to force Republicans to take politically sticky votes on releasing information about Epstein.

‘There is a list, that list is a victim list. And you’ve got to carefully walk through a victims list, because it involved Epstein. Epstein was involved with minors,’ said Rep. Ryan Zinke, R-Mont. ‘I think the other thing is, I find ironic just out of circumstance, that the Democrats are pushing so hard for an Epstein file that the Biden administration had for four years.’

It led to House GOP leaders advancing a nonbinding resolution calling on the Trump administration to release the files, though it’s not clear when that will receive a chamber-wide vote.

But Democrats pledged to work from the same playbook during a Monday night Rules Committee hearing to kick off the GOP agenda. Republicans responded by forcing those proceedings to grind to a halt.

House leaders canceled a planned day of voting on Thursday – sending lawmakers to August recess a day early.

‘The rules committee will not be meeting, and rightfully so. They were going to use the whole time, and they told us, just amendment after amendment. They think they’ve got a wedge in this – they don’t,’ committee member Rep. Ralph Norman, R-S.C., told Fox News Digital.

He’s one of several House Republicans who told Fox News Digital they were giving deference to the Trump administration on handling the issue – while praising how the White House has handled it so far.

Multiple lawmakers told Fox News Digital that Speaker Mike Johnson, R-La., urged Republicans in their Tuesday morning closed-door conference to allow the administration to do its work and not demand the release of information that could risk harming Epstein’s victims.

One person said, ‘We don’t want to embarrass ourselves, keep asking and asking for something, then it comes out, and it’s like – ‘We didn’t want that.’ But I mean, we’ve got to trust the administration.’

‘The administration has done a great job. All the wins that they have – I’m not going to let this waylay them,’ Norman said. ‘In 45 days or two months, if nothing happens, that’ll be a problem. But that won’t happen. We’re going to get it out.’

Moments later he took to X to demand an immediate vote on the nonbinding Epstein resolution, however.

‘The American people deserve action, not excuses. Let’s vote on it before August recess and get it DONE!!’ Norman said.

The South Carolina Republican, who is considering a bid for governor, is one of several conservatives pushing the issue, despite GOP leaders’ pleas to stay quiet on the matter.

Rep. Thomas Massie, R-Ky., teamed up with Rep. Ro Khanna, D-Calif., on a measure that could force a House-wide vote on releasing Epstein-related documents – if it netted a majority of the chamber’s support. That mechanism, called a discharge petition, could force House GOP leaders into a difficult position when they are back in early September.

Several Republican lawmakers have signed onto Massie’s measure in support.

Meanwhile, the House Oversight Committee unanimously approved a move by Rep. Tim Burchett, R-Tenn., to call for imprisoned ex-Epstein associate Ghislaine Maxwell to be subpoenaed.

Three more House Republicans, however, told Fox News Digital they believe most lawmakers want the matter to dissipate.

One locked in on Massie and his nonbinding resolution, ‘He’s doing all of this for self-promotion and attention, and it’s sad and pathetic.’

Even Johnson took aim at Massie during his weekly press conference when asked about his discharge petition.

‘It’s interesting to me that he chose the election of President Trump to bring this, to team up with the Democrats and bring this discharge petition,’ the speaker said.

‘I also try to follow the Scripture. You know it says, Bless those who persecute you. So let me just say about Thomas Massie: Could you just accept my Southern, bless his heart.’

He also pointed out the administration was in the process of sifting through what information it could release.

‘There’s no purpose for Congress to push an administration to do something that they’re already doing. And so this is for political games. I’m very, very resolute on this. We can both call for full transparency and also protect victims,’ Johnson said.

Rep. Marjorie Taylor Greene, R-Ga., a Trump ally who is backing Massie’s discharge petition, told reporters, ‘I’m all for transparency, but we just have to be a little patient with the court.’

Several people noted that any bombshell information implicating Trump or other high-level figures would have leaked by now.

But the two other House Republicans who spoke with Fox News Digital said they and their colleagues were frustrated with how the Trump administration has handled the matter so far.

‘We need to give it the opportunity to simmer down,’ one of the two lawmakers said. ‘I will say, for me, when you say the list is on your desk, and there’s no list – you can’t take that one back. And I think that’s probably the genesis of the whole thing.’

That was in reference to Bondi telling Fox News Channel of Epstein’s client list in February, ‘It’s sitting on my desk right now to review.’

Another GOP lawmaker told Fox News Digital, ‘You can’t set up all these expectations and then not expect some criticism on the backend when you decide to not move forward with it… I don’t understand it at all.’

And Massie, for his part, has remained fixed in his course while arguing that doing otherwise will cost Republicans the 2026 elections. He also accused Johnson of telling Republicans to ‘stick your head in the sand’ and defer to the Trump administration.

‘If we don’t take the right side of this issue, it’s going to cost us votes in the midterms. People are becoming despondent. They’re apathetic. Why would they go vote if they gave us the House, the Senate and the White House and the transparency and justice they were promised doesn’t happen?’ Massie said. ‘And I think it could be a real problem for us. That’s why it would behoove the speaker to bring this to the floor. It would be in the best interest of this institution just to vote this out and give it to the Senate and let them do their thing.’

When reached for comment, the White House responded with a lengthy statement touting Trump’s accomplishments that did not mention Epstein.

‘Under President Trump’s leadership, the Republican Party has achieved unprecedented unity and strength. After securing the largest share of votes ever for a Republican presidential nominee and winning majorities in both the House and Senate, President Trump has delivered the most impactful first six months of any presidency. He has fulfilled numerous campaign promises – and then some!’ said spokesman Harrison Fields.

Indeed, Republicans have had a number of significant legislative successes this year, even with a razor-thin majority.

When reached for comment, a DOJ spokesperson pointed Fox News Digital to Deputy Attorney General Todd Blanche’s statement on Tuesday, digging in on the department’s earlier memo.

‘[I]n the recent thorough review of the files maintained by the FBI in the Epstein case, no evidence was uncovered that could predicate an investigation against uncharged third parties. President Trump has told us to release all credible evidence. If Ghislane Maxwell has information about anyone who has committed crimes against victims, the FBI and the DOJ will hear what she has to say,’ Blanche said. ‘Therefore, at the direction of Attorney General Bondi, I have communicated with counsel for Ms. Maxwell to determine whether she would be willing to speak with prosecutors from the Department.’

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China denied on Tuesday that it is doing anything wrong as it reportedly prevents ‘dozens’ of Americans from leaving the country under an ‘exit ban’ policy, including at least one U.S. government official.

Reports emerged Monday afternoon that an American citizen, an employee of the Commerce Department, has been barred from leaving China and prevented from returning to the U.S. since his passport, credit card, cellphone and iPad were seized on April 14, reported The New York Times. 

The passport was reportedly returned to the individual one week later on April 22, though he was told he was not allowed to leave China.

The identity of the government official remains unknown, though a spokesperson for the State Department confirmed to Fox News Digital that the individual is a U.S. Patent and Trademark Office employee and was traveling to China ‘in a personal capacity.’

While it is unclear if any other U.S. government officials have been barred from leaving China, a spokesperson for Beijing’s foreign ministry, Guo Jiakun, told reporters on Tuesday during a press briefing that he had no additional details to share.

‘China upholds the rule of law and handles entry and exit affairs in accordance with the law,’ he said. 

In response to Fox News Digital’s questions, the State Department said, ‘The Chinese government has, for many years, imposed exit bans on U.S. citizens and other foreign nationals in China, often without a clear and transparent process for resolution.

‘We track these cases closely, and have raised our concern with Chinese authorities about the well being of our citizens and impact these arbitrary exit bans have on our bilateral relations and urged them to immediately allow impacted U.S. citizens to return home,’ a spokesperson added.  

The department in November 2024 issued a Level 2 travel advisory for Americans considering travel to China. 

The advisory issued a warning to ‘exercise increased caution’ due to Beijing’s ‘arbitrary enforcement of local laws, including in relation to exit bans.’

A spokesperson for the Chinese Embassy in Washington, D.C., said they were ‘not aware of’ the case’s details, but added, ‘China always welcomes foreign citizens, including those of the United States, to come to China and guarantees their safety and legitimate rights and interests in China in accordance with the law, including freedom of entry and exit. 

‘Meanwhile, foreign citizens in China should also respect and abide by Chinese laws,’ the spokesperson added. 

While the Universal Declaration of Human Rights has enshrined the ‘right to freedom of movement,’ which says ‘everyone has the right to leave any country, including his own, and to return to his country,’ it is not an absolute right, and nations can choose to hold individuals depending on certain conditions, including national security concerns. 

It is unclear why the Commerce Department employee has been blocked from returning to the U.S. where his wife also lives, though he was apparently questioned by Chinese intelligence authorities about his prior military service. 

Reporting has suggested that dozens of Americans have been barred from leaving China, including Wells Fargo Managing Director Chenyue Mao. 

Mao is the latest business executive to be barred from leaving China, which has become increasingly common in recent years, prompting Wells Fargo to suspend all travel to China earlier this month. 

The Wells Fargo banker has reportedly been blocked from leaving China over her alleged link to a criminal investigation. How long she will be required to stay in China remains unclear. 

Neither the Commerce Department nor Wells Fargo immediately responded to Fox News Digital’s questions regarding this report. 

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