Valhalla Metals Celebrates President Trump's Approval to Reverse a Biden-era Decision and Grant Permits for the Ambler Access Road

Core Viewpoint - Valhalla Metals Inc. celebrates the approval from President Trump to reverse the Biden Administration's decision regarding the Ambler Access Road, which is expected to facilitate access to critical minerals necessary for the green energy transition [2][3]. Group 1: Government Actions - On October 6, 2025, President Trump approved an appeal from the Alaska Industrial Development and Export Authority (AIDEA) to reverse the Biden Administration's "No Action Alternative" decision made in June 2024, which had terminated the permits for the Ambler Access Road [2]. - The decision mandates the prompt reinstatement and finalization of all necessary permits for the Ambler Access Road, emphasizing its public interest for accessing domestic critical minerals [2]. Group 2: Company Response - Rick Van Nieuwenhuyse, Chairman of Valhalla, expressed excitement over the reversal of the Biden Administration's decision, stating it aligns with the directives of the Alaska National Interest Lands Conservation Act (ANILCA) [3]. - The Ambler Access Road is planned to cross Valhalla's mining claims at the Sun project, unlocking access to critical and strategic metals essential for the green energy and transportation sectors [3]. Group 3: Company Overview - Valhalla Metals Inc. is focused on mineral exploration and development, with its flagship project being the Sun copper-zinc-lead-gold-silver VMS project located in the Ambler Mining District, Northwest Alaska [4]. - The company also owns the Smucker project, another high-quality copper-zinc-lead-gold-silver VMS project in the same district [4].