West Red Lake Gold Mines delivered a strong Q2 2026 at the Madsen Mine, with gold production rising 51% from Q1 to 8,576 ounces as the company accessed higher-grade non-remnant mining areas.

Canada, 31st Aug 2026 – Global Stocks News – Sponsored content disseminated on behalf of West Red Lake Gold. On August 25, 2026, West Red Lake Gold Mines (TSXV: WRLG) (OTCQB: WRLGF) announced Q2, 2026 financial and operating results from the Madsen Mine located in the Red Lake mining district of Ontario, Canada.

West Red Lake Gold is executing a hub-and-spoke growth strategy. The Madsen mill and infrastructure are intended to serve as a central processing hub for multiple past-producing high-grade deposits across the Red Lake District.

This multi-asset approach is designed to provide greater operational flexibility, expand margins, extend mine life, and support a larger production profile over time.

Three months ago, West Red Lake Gold CEO Shane Williams told Guy Bennett, CEO of Global Stocks News that “We are now accessing higher-grade non-remnant mining areas. In the next quarter we expect an increase in revenue, mine income, gold sales and gold production.”

West Red Lake Gold demonstrated that progress, with improvements across both the operating and financial performance of the Madsen Mine. Gold production increased 51% over Q1 to 8,576 ounces, while gold sales increased 34% to 8,260 ounces.

The stronger operating performance was reflected in lower unit costs with cash costs(1)(2) decreasing 23% to US$2,000 per ounce sold, compared with US$2,594 per ounce in Q1.

All-in sustaining cost (AISC) (1)(2) decreased 30% to US$3,284(1)  per ounce sold, compared with US$4,678 per ounce in Q1, bringing Q2 AISC within the Company’s 2026 guidance range of US$2,800 to US$3,600 per ounce.

WRLG generated $9.7 million of positive free cash flow during Q2, and ended Q2, 2026 with approximately $31.2 million in cash and cash equivalents.

“Q2 demonstrated the progress we are making at Madsen, with higher mining rates and gold production translating into stronger financial performance,” stated Williams in the August 25, 2026 press release.

“Gold production increased 51% and gold sales increased 34% over Q1, contributing to a 30% reduction in AISC to US$3,284 per ounce, within our 2026 guidance range, while Madsen generated $9.7 million of positive free cash flow.”

“Our focus for the balance of 2026 is on consistent execution while continuing to invest in underground development and infrastructure to build production inventory and greater operating flexibility.”

Non sustaining growth capital expenditures totaled $6.32 million in Q2, primarily related to the continued advancement of the Fork Deposit access drift and the Madsen shaft refurbishment project, positioning WRLG to access additional mining areas while supporting future production growth, increased hauling capacity and improved operating flexibility.

Higher mining rates relative to mill throughput allowed WRLG to establish a surface stockpile during the quarter. At June 30, 2026, the stockpile contained approximately 10,768 tonnes of ore. The stockpile provides additional flexibility between underground mining and mill processing.

(1)Foreign exchange rate of CAD$/USD$ 1.3843 Q2 and CAD$/USD$ 1.3781 Year to Date  (2) Refer to Non-IFRS Measures

One of WRLG’s key spokes is the satellite Rowan Project positioned within trucking distance of the Madsen mill. On June 9, 2026 WRLG announced an updated 2026 Mineral Resource Estimate (MRE) for the Rowan Project as well as a maiden MRE for the nearby Mount Jamie deposit, located 2 kilometres from Rowan.

Rowan Indicated gold ounces increased by 70% to 335,058 ounces @13.04 grams per tonne (g/t) gold, compared to 196,747 ounces @12.78 g/t gold in the 2025 MRE (See news release dated June 9, 2026 and July 22, 2026).

Rowan Inferred gold ounces increased by 52% to 179,029 oz grading 15.31 g/t Au, compared to 421,181 tonnes containing 118,155 oz grading 8.73 g/t Au in the 2025 MRE. 

Minimal exploration expenditure of C$3.5 million, combined with low drilling of 6,300 metres, represented a modest discovery cost of approximately C$17.60/oz gold.

Meanwhile, the price of gold has rebounded US$500 in the last 30 days, from $4,000 to $4,500.

“We’ve been a very big advocate of gold, not so much as a yielding instrument, but as a defensive asset,” stated Mike Wilson, chief US equity strategist and CIO at Morgan Stanley.

“At the end of last year, the Fed started printing money with this reserve management program. That led directly to gold and silver stocks taking off.”

“Gold has been in a bull market for 25 years,” Wilson added. “People kind of woke up to this idea more recently.”

Source: https://www.bullionbypost.com/gold-price/25year/ounces/USD/

The total U.S. national debt is currently about $40 trillion, translating to a debt burden of $297,000 per US household. Interest on the US national debt is now $1 trillion annually, exceeding Medicare spending for the first time.

“The cost of servicing that debt needs to be lower than the rate at which the currency is depreciating,” stated Brien Lundin in a 2024 interview. “Otherwise, the entire house of cards collapses.” Lundin has speculated that gold may rise to $6,000-$8,000 within the current cycle.

“We’re pleased with the progress the team has made during this quarter,” stated Williams on an August 26, 2026 Q2 financials webcast. “It’s important to note that this improvement wasn’t isolated to one part of the operation.”

“We had higher mining rates on the ground, improved grades, higher mill throughput, all of which contributed to the higher gold production as part of our ongoing ramp-up,” concluded Williams.

The technical information presented in this release has been reviewed and approved by Will Robinson, P.Geo., Vice President of Exploration for West Red Lake Gold and the Qualified Person for exploration at the West Red Lake Project.

Contact: guy.bennett@globalstocksnews.com 

Disclaimer: West Red Lake Gold paid Global Stocks News (GSN) $1,750 for the research, writing and dissemination of this content. 

Full Disclaimer: GSN researches and fact-checks diligently, but we cannot ensure our publications are free from error. Investing in publicly traded stocks is speculative and carries a high degree of risk. GSN publications may contain forward-looking statements such as “project,” “anticipate,” “expect,” which are based on reasonable expectations, but these statements are imperfect predictors of future events. When compensation has been paid to GSN, the amount and nature of the compensation will be disclosed clearly. 

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The post West Red Lake Gold Q2 Results Deliver Higher Gold Production and Strong Financial Performance appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

Cleaning Services Primecare has widened its residential and commercial cleaning coverage across Kuala Lumpur and Selangor, making professional cleaning more widely available for homes, offices and commercial properties throughout the Klang Valley. The expanded coverage reaches areas including Cheras, Puchong, Subang Jaya, Petaling Jaya, Damansara, Shah Alam, Klang and Cyberjaya, with bookings and quotations handled through WhatsApp. Professional cleaning now more widely available for homes, offices and commercial properties across the Klang Valley.

Malaysia, 31st Aug 2026 – Cleaning Services Primecare has widened its residential and commercial cleaning operations to cover more neighbourhoods across Kuala Lumpur and Selangor, responding to demand from property owners, tenants and businesses seeking reliable professional cleaning support.

The expansion now covers residential and commercial locations across Kuala Lumpur, from established inner-city neighbourhoods such as Brickfields, Bukit Bintang, Pudu, Seputeh and Titiwangsa to mature suburbs including Cheras, Kepong, Setapak, Bangsar, Mont Kiara, TTDI and Sri Petaling. It also reaches Wangsa Maju, Sentul, Ampang, Bukit Jalil, Sungai Besi, Old Klang Road and Desa ParkCity.

In Selangor the service extends through Petaling Jaya, Subang Jaya, Shah Alam, Puchong and Klang, alongside township areas including Kajang, Seri Kembangan, Setia Alam, Rawang, Kota Damansara, Damansara Perdana and Alam Impian. Further coverage includes Balakong, Bangi, Glenmarie, Kota Kemuning, Puncak Alam, Semenyih, Sepang and Sungai Buloh, as well as Cyberjaya and Putrajaya. The move reflects sustained interest in scheduled home cleaning, deep-cleaning projects and commercial maintenance contracts.

Growing demand for professional cleaning in the sector comes from several directions. More working families are choosing outsourced cleaning, short-stay rental properties need turnaround cleaning between guests, and businesses are moving toward structured janitorial and contract cleaning arrangements rather than ad-hoc arrangements. Cleaning Services Primecare has seen this pattern in its own booking activity.

The company offers a full range of services for residential customers. Homeowners and tenants in landed homes, terraces, condominiums and serviced residences can book house cleaning, deep cleaning, move-in and move-out cleaning, post-renovation cleaning and part-time maid services. The company also serves short-stay rental operators and owners of newly renovated handover homes who need thorough cleaning before occupancy. Specialised treatments for sofas, mattresses, carpets and windows are available as standalone bookings or as add-ons to broader cleaning packages.

Commercial clients receive a separate service line built around office cleaning, retail and food and beverage outlet cleaning, hotel common-area and back-of-house cleaning, clinic and education premises cleaning, childcare centre cleaning, gym cleaning and building management cleaning for joint management bodies and management corporations. Contract cleaning and janitorial services are structured to suit daily, weekly or custom schedules, with uniformed crews arriving with their own equipment.

“The pattern of enquiries shows that customers are not just looking for a one-off clean; they want a service they can book repeatedly with consistent standards,” said a spokesperson for Cleaning Services Primecare. “Expanding coverage across Kuala Lumpur and Selangor allows us to reduce travel time for crews and offer more flexible booking slots. It also means we can build longer-term relationships with commercial clients who need reliable cleaning partners across multiple sites.”

Residential and commercial bookings are structured as separate operational streams. Residential bookings are typically arranged as one-off deep cleans, regular weekly or fortnightly sessions, or project-based work such as post-renovation and move-in/move-out cleaning. Commercial arrangements are built around contract terms, with frequency and scope set during the quotation stage.

Customers across the expanded coverage area can expect a straightforward booking process. All quotations and scheduling are handled through WhatsApp at +60 13-281 3189. A customer sends property details and photographs, and the company replies with a quotation and a set of available time slots. The system is designed to keep the process simple and fast, avoiding lengthy email chains or phone tag.

Crews arrive in uniform and bring all necessary cleaning equipment and supplies. The company publishes free online planning tools on its website at https://cleaningservicesprimecare.com.my/, including a coverage checker, a cleaning price estimator and a set of cleaning checklists that help customers prepare for a booking and understand what each service includes.

About Cleaning Services Primecare

Cleaning Services Primecare provides residential and commercial cleaning services across Kuala Lumpur and Selangor. Its service list includes house cleaning, deep cleaning, office cleaning, post-renovation cleaning, move-in and move-out cleaning, part-time maid services, contract cleaning, janitorial services, window cleaning, sofa cleaning, mattress cleaning and carpet cleaning. The company serves households, businesses and building management bodies through a WhatsApp-based booking and quotation system.

Media Contact

Organization: Cleaning Services Primecare

Contact Person: Alvin Leong

Website: https://cleaningservicesprimecare.com.my/

Email: Send Email

Country:Malaysia

Release id:48624

The post Cleaning Services Primecare Expands Cleaning Service Coverage Across Kuala Lumpur and Selangor appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

Custom automotive company says owners are increasingly requesting complete interior transformations in unconventional colors, signaling a shift toward greater personalization in the luxury vehicle market

United States, 31st Aug 2026—Mansor Customs says it is seeing growing demand for fully customized automotive interiors as luxury vehicle owners increasingly move beyond the traditional color combinations offered by manufacturers. The New Jersey-based automotive customization company has recently completed a series of interior transformations featuring vibrant pink, turquoise, orange, red, and other unconventional color combinations across luxury vehicles including Mercedes-Benz G-Class models.

According to Mansor Customs, customers are increasingly asking for significantly more than replacement upholstery. Many projects now involve redesigning nearly the entire cabin, including seats, dashboards, door panels, center consoles, steering wheels, pillars and headliners. The trend reflects a broader shift in automotive customization, where vehicle owners are placing greater emphasis on the interior experience rather than focusing primarily on exterior modifications.

“Years ago, most customers came in asking about wheels, wraps, and exterior upgrades first,” Mansor Customs said. “Now we are seeing customers walk in with a specific interior color or concept already in mind and build the entire vehicle around it.”

Factory Neutral Colors Are No Longer the Default

Luxury manufacturers traditionally offer interiors in relatively conservative combinations such as black, beige, brown, red and white. Mansor Customs says a growing number of its customers are looking outside those traditional palettes. Recent projects have included full pink interiors extending from the seating and dashboard to the headliner, as well as turquoise cabins combined with customized upholstery and illuminated starlight ceilings. Rather than using color as a small accent, customers are increasingly requesting that the color become the defining feature of the entire vehicle. The company says social media and the growing culture surrounding individually commissioned luxury vehicles have also contributed to customers becoming more comfortable choosing combinations that would have once been considered unusual.

Interior Customization Is Becoming a Larger Part of the Build

The shift is also changing how complete vehicle projects are planned. Instead of treating the interior as a secondary modification, Mansor Customs says customers are increasingly designing the exterior, wheels, lighting and other modifications around the interior concept. Additional features such as Alcantara headliners, custom steering wheels, ambient lighting, illuminated trim, shooting stars and thousands of individual starlight fibers are also becoming common parts of interior projects. The company says the goal for many customers is no longer simply to own an expensive vehicle. It is to own a vehicle that cannot easily be duplicated.

Personalization Continues to Reshape Luxury Automotive Culture

The rise of bespoke interiors comes as luxury consumers across multiple industries place greater value on personalization and exclusivity. Automotive customization is following a similar direction. For Mansor Customs, the increased interest in unusual interior colors represents another sign that customers are becoming less concerned with maintaining traditional factory specifications and more interested in creating vehicles around their personal style. The company expects fully customized interiors to continue becoming a larger part of the luxury aftermarket as customers look for increasingly distinctive ways to differentiate their vehicles.

For more information, visit https://mansorcustoms.com

About Mansor Customs

Mansor Customs is a luxury automotive customization company based in New Jersey specializing in complete vehicle transformations, including bespoke interiors, paint protection film, vehicle wraps, performance upgrades, lighting, wheels and other custom automotive services.

###

Media Contact

Organization: Mansor Customs

Contact Person: Sean Mansor

Website: https://mansorcustoms.com

Email: Send Email

Country:United States

Release id:48613

The post Mansor Customs Sees Growing Demand for Bold Bespoke Interiors as Luxury Car Owners Move Beyond Factory Colors appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

Newport Beach electrical contractor and authorized Generac dealer has expanded whole-home standby generator installation across the Upland corridor in San Bernardino County and the Orange County coast, where the two areas call for very different sized systems.

Newport Beach, California, United States, 31st Aug 2026 — Pelican Coast Electric has expanded its whole-home standby generator installation to cover both ends of its service area: the Upland corridor in San Bernardino County, and the Orange County coast from Laguna Beach up through Newport Beach. The company is an authorized Generac dealer and does the installations with its own licensed electricians.

The two areas tend to need different machines, and that is the part homeowners get wrong most often.

“Inland, the load that matters is air conditioning,” said Austin Torres, owner of Pelican Coast Electric. “If the power goes out in Upland in August, that is the thing nobody can do without, and those outages can run long. On the coast it is usually shorter, and what people want covered is the refrigerator, the furnace, the internet and whatever they have added to the house since it was built. Lately that is almost always an EV charger.”

How a standby generator actually works

A standby generator sits on a concrete pad outside the house and runs off the natural gas or propane line that is already there. When utility power drops, an automatic transfer switch disconnects the house from the grid and starts the unit, usually within about ten seconds. Nobody has to be home for it to work. There is no fuel to haul, no cord to run and nothing to start by hand.

That last part is most of the appeal. A portable generator needs somebody there, awake, with gas. A standby unit handles the outage whether the family is home, asleep or out of town.

The load calculation decides everything else

Before a generator gets picked, an electrician adds up what the house actually draws and what the owner wants running when the power is out. That number sets the size of the unit. A generator carrying central air through a multi-day shutoff is a much bigger machine than one carrying lights, a refrigerator and a furnace overnight.

It is worth getting right for reasons beyond comfort. The load calculation is what the permit review looks at, and a unit that is undersized or installed wrong can cost the homeowner the manufacturer’s warranty. Shopping on price alone is how people end up with a generator that struggles the first time they lean on it.

Details on the inland side of the service area are on the company’s backup generator installation in Upland page, and coastal coverage including Laguna Beach is on its generator installation in Newport Beach page.

What the company handles

Pelican Coast Electric does the load calculation, sizes and orders the unit, pulls the permit with the local building department, coordinates with the utility, sets the pad and the gas line, wires the transfer switch, and runs the startup test. The company installs Generac and Kohler equipment. The work is done by its own electricians rather than handed to a subcontractor, which is the difference homeowners notice when something needs adjusting six months later.

Two service areas, two sets of reasons

Inland, the corridor runs through Upland, Rancho Cucamonga, Ontario, Claremont, Montclair, La Verne, San Dimas, Pomona and Chino Hills. Summer heat is the driver, and Southern California Edison runs planned shutoffs in the surrounding foothills during fire weather.

On the coast, the company covers Laguna Beach, Newport Beach, Corona del Mar, Costa Mesa and Dana Point. Outages there come from storms and from equipment failures on older residential circuits. Many of those homes sit on hillside lots where dragging out a portable generator is not practical, and most were built decades ago for a fraction of the electrical load a family runs today.

Why the timing matters

“People call us the week after they lose power, and so does everybody else,” Torres said. “Between the load calculation, the permit, the utility and the install, this is a job measured in weeks. The homeowners who end up happiest are the ones who started before they needed it.”

Pelican Coast Electric holds California contractor license #1133193 (C-10) and has a 5.0-star average across more than 50 Google reviews. The company also does electrical panel upgrades, EV charger installation, whole-house rewiring, and commercial work including switchgear, load bank testing and tenant improvements.

Homeowners in Upland, Laguna Beach and the surrounding area can reach the company at pelicancoastelectric.com or (949) 989-4404.

About Pelican Coast Electric

Pelican Coast Electric is a licensed and insured electrical contractor (CA License #1133193) based in Newport Beach, California. The company serves residential and commercial clients throughout Orange County and San Bernardino County. Services include whole-home standby generator installation, electrical panel upgrades, EV charger installation, smart home wiring, electrical repairs, and 24/7 emergency electrical service.

Media Contact

Organization: Pelican Coast Electric

Contact Person: Austin Torres

Website: https://pelicancoastelectric.com/

Email: Send Email

Contact Number: +19497798189

Address:2901 West Coast Hwy suite 200

City: Newport Beach

State: California

Country:United States

Release id:48612

The post Pelican Coast Electric Expands Generac Standby Generator Service to Upland and Laguna Beach appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

Computing power is the underlying foundation of the Web3 world, but most current computing power-related crypto projects suffer from significant shortcomings: highly centralized token distribution, with large amounts of tokens held by early teams and institutions easily causing secondary market sell-offs; projects only have on-chain concepts, lacking real mining farms and hardware assets, resulting in a lack of cash flow support; economic models lack protection against market downturns, making liquidity extremely vulnerable to collapse during bear markets; tokens rely solely on mining output, lacking real business consumption, leading most participants to engage with a short-term speculative mindset.

To address these industry pain points, APEX Vertex, leveraging the underlying infrastructure of the Turing public chain, has partnered with a German multinational digital technology asset management group holding EU MiCA qualifications, and collaborated with the DGK Paraguayan clean energy hydropower mining farm to build a complete computing power economy that integrates on-chain and off-chain elements. The institutional partners plan to invest tens of billions of dollars, providing support to the project from multiple dimensions, including compliance licenses, capital reserves, global mining farm industry channels, and cryptographic contract technology.

Blackhole mining is the core innovative mechanism of the APEX ecosystem. Unlike traditional mining that only produces tokens, blackhole mining encapsulates token production, fund allocation, blackhole burning, and risk protection within a single smart contract. Every user’s mining investment is automatically allocated in three stages by the contract: a portion goes into the DEX liquidity pool to directly purchase tokens, with the vast majority of these tokens permanently burned, continuously compressing the total circulating supply; a portion is allocated to the market capitalization reserve pool, automatically supporting the secondary market during market downturns; and the remaining portion is used to incentivize early ecosystem contributors. The total token supply is 21 million and will never be increased, eliminating unlimited inflation at its source.

The project is equipped with a comprehensive risk control mechanism: a six-tiered slippage system dynamically adjusts based on U-pool liquidity changes, with slippage profits pooled in the reserve pool; two risk trigger thresholds are set, automatically compressing computing power output when liquidity drops significantly, and triggering reserve fund buybacks in extreme market conditions to hedge against market sell-offs and subsequent crashes. Meanwhile, a 200% principal return exit mechanism is implemented to constrain overall ecosystem bubbles and prevent large investors from engaging in unlimited arbitrage.

In terms of application implementation, APEX has established twelve major ecosystem sectors, extending beyond mining. On-chain application for physical mining machine rights, AI computing power leasing and trading, computing power NFT minting and circulation, RWA computing power asset token issuance, privacy communication services, and computing power track project incubation are all settled using APEX tokens. The real cash flow generated by offline mining farms continuously supports the on-chain ecosystem, while on-chain tokens provide an outlet for asset securitization of physical computing power, forming a two-way cycle between on-chain and off-chain.

In terms of development path, the project is progressing in three phases: ecosystem foundation building, explosive expansion, and full-domain autonomy. It continues to expand clean energy computing power parks in Europe, Latin America, and the Middle East, increasing the physical computing power base; it is gradually upgrading the DAO governance system, delegating decision-making power for ecosystem iteration, fund allocation, and computing power expansion to all network nodes. APEX hopes to break free from the predicament of simply hyping up crypto projects and explore a feasible path for the Web3 transformation of physical computing power.

Global expansion for the Chinese gaming industry has entered a new era. The market has shifted from simple product sales to a highly competitive environment driven by refined, structured, and long-term operations. International expansion is a comprehensive, full-chain process that includes product positioning, localization, player community building, and monetization. Precisely adapting to diverse regional markets and building long-term operational frameworks have become essential for gaming companies to sustain growth worldwide.

Deeply anchored in the gaming vertical, GatherOne focuses on the core global needs of gaming enterprises. By combining extensive industry experience, global market insights, and intelligent digital capabilities, GatherOne delivers an all-in-one, full-lifecycle gaming growth solution. This solution covers market research, product positioning, localization, launch operations, and global strategic planning, helping gaming products break through overseas growth bottlenecks and adapt successfully to local market environments.

During the pre-launch preparation phase, precise market selection and product positioning form the foundation for global success. Players across different global regions vary significantly in their preferences for game genres, gameplay mechanisms, art styles, and content standards; simply copying domestic models rarely works overseas. Leveraging massive global data and deep industry analysis, GatherOne helps enterprises break down target market characteristics, align product strengths with market demands, and uncover exclusive opportunities to build a solid foundation for overseas debuts.

After a game launches, refined long-term operations directly determine its lifespan. Moving beyond short-term traffic acquisition, GatherOne continuously tracks player feedback, iterates content experiences, optimizes operational schedules, and builds strong community ecosystems to sustain product vitality. Addressing the core challenges of long-term operations, GatherOne designs customized regional strategies for diverse markets—whether they prefer innovative experiences or lean heavily toward community interaction—helping enterprises build strong user bases and capture stable market share.

Backed by continuous global market monitoring, GatherOne captures changes in overseas regulations, user preferences, and industry trends. It delivers adaptive solutions across the entire product lifecycle—from exploration and launch to regular updates—helping companies build highly stable, evolving global operational frameworks. Furthermore, by integrating the GatherAI intelligent system, GatherOne transforms cross-border operations, dramatically accelerating market analysis, content localization, and user insights. This empowers enterprises to respond faster to market changes, lower operational costs, and elevate their refined management capabilities.

Global gaming competition has evolved from simple product comparisons into a comprehensive test of R&D, operations, digital capabilities, and global layouts. Moving forward, GatherOne will continue to leverage its industry insights, data power, and AI technology to optimize its full-chain solutions. The company remains committed to empowering more gaming enterprises to precisely position themselves globally, drive long-term operations, and unlock sustainable commercial and brand value for high-quality games worldwide.

Dallas, United States, August 31st, 2026, FinanceWire

Disseminated on behalf of Lake Victoria Gold

As gold prices held near record levels through the first half of 2026, investor attention has increasingly turned to a key question in the mining sector: which developers are closest to transitioning from permitted deposits to producing mines. Lake Victoria Gold (TSXV: LVG) (OTCQB: LVGLF) (FSE: E1K) has cleared a sequence of milestones on its Imwelo project in Tanzania that position the company at that threshold. 

Read more https://wallstreetpr.com/from-developer-to-producer-minings-biggest-valuation-shift/

The Imwelo project holds Mining Licence ML 538/2015 and is fully permitted. A 23-hole, 1,136-metre sterilization drilling program completed in June confirmed that the plant and accommodation footprints are clear of mineralization. On June 29, 2026, the Tanzania Mining Commission approved a Tanzanian-led EPCM (Engineering, Procurement, and Construction Management) structure for the project, with City Engineering Company Ltd. serving as primary contractor and Sutton Consulting International providing international technical support; Senior Project Manager Charl Coetzee mobilized to site on July 8, 2026. On the financing side, the company entered into a binding term sheet on April 1, 2026 for a gold loan of up to 6,000 ounces, approximately US$25 million from Monetary Metals, to be repaid in gold ounces rather than cash, and closed the final tranche of a convertible debenture financing on July 2, 2026, bringing that raise to $4,165,200. Construction start is targeted for the current quarter.

Markets have historically applied deep discounts to development-stage mining companies to reflect the execution risks associated with permitting, financing, construction, and commissioning. As those risks are retired, companies have often seen valuations shift from a developer’s discount toward a producer’s multiple. G Mining Ventures (TSX: GMIN) (OTCQX: GMINF) offers a recent example, having built the Tocantinzinho mine in Brazil on time and on budget, poured first gold in 2024, and produced 171,871 ounces generating approximately $580 million in revenue in its first full year of commercial production in 2025. Lundin Gold (TSX: LUG) (OTCQX: LUGDF) acquired the Fruta del Norte deposit in Ecuador for $240 million in 2014, reached commercial production in 2020, produced 498,315 ounces in 2025, and now carries a market value in the C$20 billion range. Montage Gold (TSX: MAU) (OTCQX: MAUTF) is undergoing the same transition, with its fully funded, $825 million Koné project in Côte d’Ivoire advancing ahead of schedule and first gold now targeted for the fourth quarter of 2026. TRX Gold (NYSE American: TRX) (TSX: TRX) is demonstrating the same trajectory within Tanzania itself: its Buckreef mine, located in the same Geita greenstone belt as Imwelo, produced 7,426 ounces last quarter at a record average realized price of $4,703 per ounce. Barrick holds an equity position in Lake Victoria Gold, Tanzania’s Taifa Group is contracted for civil works and contract mining, and management, directors, and strategic partners collectively hold more than 60% of shares outstanding.

Imwelo has been the subject of JORC-code Preliminary Economic Assessment and pre-feasibility work; however, these studies are not current under NI 43-101, and the company has not completed a feasibility study establishing mineral reserves under CIM Definition Standards. Any decision to commence production is not based on a feasibility study of mineral reserves and carries an increased risk of economic or technical failure.

Read more https://wallstreetpr.com/from-developer-to-producer-minings-biggest-valuation-shift/

About Lake Victoria Gold

Lake Victoria Gold is a rapidly growing gold exploration and development company listed on the TSX Venture Exchange under the symbol LVG. Leveraging our unique position and experience, the Company is principally focused on growth and consolidation in the highly prolific and prospective Lake Victoria Goldfield in Tanzania. The Company has a 100% interest in the Tembo project which has over fifty thousand meters of drilling and is located adjacent to Barrick’s Bulyanhulu Mine. The Company also holds a 100% interest in the Imwelo Project which is a fully permitted gold project west of AngloGold Ashanti’s Geita Gold Mine. With historical resource estimates and a JORC Compliant 2021 pre-feasibility study, the project is fully permitted for mine construction and production, positioning it as a near-term development opportunity. LVG has assembled a highly experienced team with a track record of developing, financing, and operating mining projects in Africa with management, directors and partners owning more than 60% of the shares. Notably, the Company is grateful for the validation that comes with the support and equity investment from Barrick and strategic partnership with Taifa Group. Taifa Group (a diverse group of companies with interests in amongst others, Mining, Telecoms, Oil & Gas, Agri Business, Pharmaceuticals and Leather) has entered into an agreement with the Company to obtain an equity stake in the Company and through its wholly owned subsidiary Taifa Mining (a wholly Tanzanian owned company), or other nominees. Taifa Mining will also conduct all the contract mining and civil works for the Imwelo project. Taifa Mining is Tanzania’s largest mining contractor with over 30 years mining related experience. Taifa have been the contractor of choice to most mines in Tanzania and have maintained long and successful relationships with companies such as Petra, De Beers, Barrick, and AngloGold Ashanti. In addition, Taifa also owns the largest fleet of mining equipment in Tanzania. As a company, Taifa is committed to adopting and adhering to the latest internationally recognized standards throughout all aspects of its business.

Forward-Looking Statements

This press release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws, including statements regarding the timing of construction, financing, and project development. Such statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially. Readers are cautioned not to place undue reliance on forward-looking statements.

NOTE TO INVESTORS: WallStreetPR is a financial news and publishing company that maximizes investor awareness for public and private businesses. Its core mission is to empower individuals by creating a highly connected, well-informed investor community. For more information, please visit https://wallstreetpr.com. Please see full terms of use and disclaimers on the WallstreetPR website applicable to all content provided by WallstreetPR, wherever published or re-published: https://wallstreetpr.com/disclaimer/. Please note that Akchirpy Media LLP has been compensated two thousand dollars for distributing this content on behalf of EDM Media LLC.

Sources: https://www.newsfilecorp.com/release/303579/Lake-Victoria-Gold-Formalizes-TanzanianLed-EPCM-Team-Advancing-the-Fully-Permitted-Imwelo-Gold-Project-Toward-Construction 

https://www.newsfilecorp.com/release/304339/Lake-Victoria-Gold-Mobilizes-Senior-Project-Manager-to-Imwelo-as-Construction-Readiness-Advances 

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Dallas, United States, August 31st, 2026, FinanceWire

Disseminated on behalf of Lake Victoria Gold

As gold prices held near record levels through the first half of 2026, investor attention has increasingly turned to a key question in the mining sector: which developers are closest to transitioning from permitted deposits to producing mines. Lake Victoria Gold (TSXV: LVG) (OTCQB: LVGLF) (FSE: E1K) has cleared a sequence of milestones on its Imwelo project in Tanzania that position the company at that threshold. 

Read more https://wallstreetpr.com/from-developer-to-producer-minings-biggest-valuation-shift/

The Imwelo project holds Mining Licence ML 538/2015 and is fully permitted. A 23-hole, 1,136-metre sterilization drilling program completed in June confirmed that the plant and accommodation footprints are clear of mineralization. On June 29, 2026, the Tanzania Mining Commission approved a Tanzanian-led EPCM (Engineering, Procurement, and Construction Management) structure for the project, with City Engineering Company Ltd. serving as primary contractor and Sutton Consulting International providing international technical support; Senior Project Manager Charl Coetzee mobilized to site on July 8, 2026. On the financing side, the company entered into a binding term sheet on April 1, 2026 for a gold loan of up to 6,000 ounces, approximately US$25 million from Monetary Metals, to be repaid in gold ounces rather than cash, and closed the final tranche of a convertible debenture financing on July 2, 2026, bringing that raise to $4,165,200. Construction start is targeted for the current quarter.

Markets have historically applied deep discounts to development-stage mining companies to reflect the execution risks associated with permitting, financing, construction, and commissioning. As those risks are retired, companies have often seen valuations shift from a developer’s discount toward a producer’s multiple. G Mining Ventures (TSX: GMIN) (OTCQX: GMINF) offers a recent example, having built the Tocantinzinho mine in Brazil on time and on budget, poured first gold in 2024, and produced 171,871 ounces generating approximately $580 million in revenue in its first full year of commercial production in 2025. Lundin Gold (TSX: LUG) (OTCQX: LUGDF) acquired the Fruta del Norte deposit in Ecuador for $240 million in 2014, reached commercial production in 2020, produced 498,315 ounces in 2025, and now carries a market value in the C$20 billion range. Montage Gold (TSX: MAU) (OTCQX: MAUTF) is undergoing the same transition, with its fully funded, $825 million Koné project in Côte d’Ivoire advancing ahead of schedule and first gold now targeted for the fourth quarter of 2026. TRX Gold (NYSE American: TRX) (TSX: TRX) is demonstrating the same trajectory within Tanzania itself: its Buckreef mine, located in the same Geita greenstone belt as Imwelo, produced 7,426 ounces last quarter at a record average realized price of $4,703 per ounce. Barrick holds an equity position in Lake Victoria Gold, Tanzania’s Taifa Group is contracted for civil works and contract mining, and management, directors, and strategic partners collectively hold more than 60% of shares outstanding.

Imwelo has been the subject of JORC-code Preliminary Economic Assessment and pre-feasibility work; however, these studies are not current under NI 43-101, and the company has not completed a feasibility study establishing mineral reserves under CIM Definition Standards. Any decision to commence production is not based on a feasibility study of mineral reserves and carries an increased risk of economic or technical failure.

Read more https://wallstreetpr.com/from-developer-to-producer-minings-biggest-valuation-shift/

About Lake Victoria Gold

Lake Victoria Gold is a rapidly growing gold exploration and development company listed on the TSX Venture Exchange under the symbol LVG. Leveraging our unique position and experience, the Company is principally focused on growth and consolidation in the highly prolific and prospective Lake Victoria Goldfield in Tanzania. The Company has a 100% interest in the Tembo project which has over fifty thousand meters of drilling and is located adjacent to Barrick’s Bulyanhulu Mine. The Company also holds a 100% interest in the Imwelo Project which is a fully permitted gold project west of AngloGold Ashanti’s Geita Gold Mine. With historical resource estimates and a JORC Compliant 2021 pre-feasibility study, the project is fully permitted for mine construction and production, positioning it as a near-term development opportunity. LVG has assembled a highly experienced team with a track record of developing, financing, and operating mining projects in Africa with management, directors and partners owning more than 60% of the shares. Notably, the Company is grateful for the validation that comes with the support and equity investment from Barrick and strategic partnership with Taifa Group. Taifa Group (a diverse group of companies with interests in amongst others, Mining, Telecoms, Oil & Gas, Agri Business, Pharmaceuticals and Leather) has entered into an agreement with the Company to obtain an equity stake in the Company and through its wholly owned subsidiary Taifa Mining (a wholly Tanzanian owned company), or other nominees. Taifa Mining will also conduct all the contract mining and civil works for the Imwelo project. Taifa Mining is Tanzania’s largest mining contractor with over 30 years mining related experience. Taifa have been the contractor of choice to most mines in Tanzania and have maintained long and successful relationships with companies such as Petra, De Beers, Barrick, and AngloGold Ashanti. In addition, Taifa also owns the largest fleet of mining equipment in Tanzania. As a company, Taifa is committed to adopting and adhering to the latest internationally recognized standards throughout all aspects of its business.

Forward-Looking Statements

This press release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws, including statements regarding the timing of construction, financing, and project development. Such statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially. Readers are cautioned not to place undue reliance on forward-looking statements.

NOTE TO INVESTORS: WallStreetPR is a financial news and publishing company that maximizes investor awareness for public and private businesses. Its core mission is to empower individuals by creating a highly connected, well-informed investor community. For more information, please visit https://wallstreetpr.com. Please see full terms of use and disclaimers on the WallstreetPR website applicable to all content provided by WallstreetPR, wherever published or re-published: https://wallstreetpr.com/disclaimer/. Please note that Akchirpy Media LLP has been compensated two thousand dollars for distributing this content on behalf of EDM Media LLC.

Sources: https://www.newsfilecorp.com/release/303579/Lake-Victoria-Gold-Formalizes-TanzanianLed-EPCM-Team-Advancing-the-Fully-Permitted-Imwelo-Gold-Project-Toward-Construction 

https://www.newsfilecorp.com/release/304339/Lake-Victoria-Gold-Mobilizes-Senior-Project-Manager-to-Imwelo-as-Construction-Readiness-Advances 

Corporate Communications

WallstreetPR

Dallas, Texas

www.WallStreetPR.com

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Info@WallStreetPR.com

Contact

CEO
Stephen Sandifer
WallStreetPR
editor@wallstreetpr.com
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New York, United States, August 31st, 2026, FinanceWire

EdWealth (edwealth.ai) today announced the publication of MoneyBench, a benchmark developed by the company to evaluate how AI systems answer personal finance questions. The benchmark compares Ed, EdWealth’s AI personal finance coach, with ChatGPT and Gemini on usefulness and factual accuracy.

Ask an AI about money and a confident, plausible answer arrives instantly. Whether the numbers are right is invisible as you read. In an Intuit Credit Karma survey, 52% of adults who acted on AI financial advice reported a poor decision [1].

According to EdWealth’s MoneyBench results for July, Ed ranked first, winning 62.3% of questions, compared with 20.8% for Gemini and 17.0% for ChatGPT [2].

What made the difference

Writing quality did not separate the three, and accuracy scores often matched. Usefulness did: Ed averaged 4.24 on a five-point scale to ChatGPT’s 3.62 and Gemini’s 3.47, higher on roughly seven of ten questions against each.

Five things set Ed apart:

• Live numbers. Ed’s 120-plus financial data-and-analysis tools query the current filing, live price, holdings table, not last quarter’s memory.
• Decision-first answers. Conclusion first, then reasoning, then options.
• Fact and interpretation, separated. Limits and deadlines are stated as rules, context and trade-offs as interpretation. Most AI blurs the two.
• A coach that stays. From what a user shares, Ed learns their numbers, goals and habits; every answer builds on the last, across cash flow, taxes, stock compensation, funds, insurance. Account connections are read-only.
• Statute, not guesswork. Phase-outs, benefit formulas and multi-year tax rules come from a base of 11,566 parameters, sourced to the IRS, SSA, CMS and state authorities, across 51 US jurisdictions.

Confidence is not correctness

“Wealthy families always had a money person to call. Everyone else got search results, then a confident chatbot,” said Allen Ng, founder of EdWealth. “Ed closes that gap: live numbers, the reasoning shown, the decision still yours.”

The answers were scored by Claude, an AI from Anthropic, which builds none of the three. It checked each answer’s key figures against live sources, and an answer containing a fact proven false could not win. That check cost Ed: its score fell 5.3 points, both competitors rose, and Ed still finished first. Its 40 losses appear in the paper beside the wins. Where Ed’s facts were wrong, its usefulness fell with them: useful answers are built on correct ones.

In May’s first round Ed placed third of three, held back by weak data retrieval. EdWealth rebuilt it, and Ed has led every round since.

The part no benchmark can measure

The same question has a different right answer for each person: holdings, taxes, goals. A general assistant answers for everyone; Ed answers for one person, and keeps learning them. The test could not see that: standalone questions, nothing known about the asker. A benchmark measures the answer; a money person of your own knows the question behind it.

The full paper, with complete results, method and limitations: edwealth.ai/moneybench.

“We put our product on trial in public,” said Ng. “Financial AI should be judged on one question: does it help a person make a better money decision. Useful, and right. Only then does the rest follow. Money at peace, wealth in motion.”

About EdWealth

EdWealth builds agentic AI products for personal financial clarity and Financial Fitness. Its debut product, Ed, is a personal finance coach for modern households; user data is never for sale. Ed is available at edwealth.ai, on the App Store, and on Google Play.

Disclaimer: Ed provides financial information and education only — not investment, tax, or legal advice, and not a recommendation to buy or sell anything. Ed does not provide personalised investment recommendations. Ed is not a licensed financial adviser; its AI-generated outputs may be wrong, and all decisions are your own. Consult a licensed professional before acting. Availability, features, and pricing may vary by jurisdiction; Ed is offered only where permitted by applicable law.

Website: https://www.edwealth.ai/

Instagram: https://www.instagram.com/edwealth.ai/

Media contact: info@edwealth.ai

Sources: [1] Intuit Credit Karma, survey of 1,019 US adults, fielded August 7-14, 2025. [2] Systems as tested, July 2026: Ed in production configuration; ChatGPT (GPT-5.6 Sol) at Pro effort; Gemini (3.6 Flash) at default configuration.

Contact

Communications Lead
Phoebe Woo
EdWealth
info@edwealth.ai