Core Insights - Parsons Corporation has opened a new facility in Redstone Gateway, enhancing its commitment to national security and the defense community in Huntsville [1][2] - The facility spans 27,000 square feet, with 21,000 square feet dedicated to high-bay space for advanced programs, and aims to improve collaboration with government and industry partners [2][3] - This investment aligns with the missions of Redstone Arsenal and the U.S. Department of Defense, emphasizing Parsons' role in delivering next-generation solutions in space and missile defense [3] Company Overview - The new facility is strategically located near Redstone Arsenal, allowing for seamless integration with ongoing defense programs and rapid development cycles [2][3] - Parsons aims to enhance its ability to deliver agile, mission-ready solutions to support the warfighter and national security priorities [2] - The expansion reflects Parsons' ongoing investment in technology, infrastructure, and personnel to meet evolving mission needs in the defense sector [3]

Company Overview - EQV Ventures Acquisition Corp. is a special purpose acquisition company that has entered into a business combination agreement with Presidio Investment Holdings, LLC to form Presidio Production Company [1][3] - Presidio Petroleum LLC, the operator of mature oil and gas wells, focuses on optimizing existing production and generating sustainable cash flow from low-decline, producing assets [5] Business Combination Details - The proposed business combination will result in a US-domiciled, dividend-yield driven C Corp named "Presidio Production Company," with shares expected to be listed on the NYSE under the ticker "FTW" [3] - The transaction values Presidio Production at a pro forma enterprise value of approximately $660 million, which represents a discount to the combined proved developed PV-10 value [4] Market Context - The entry of Presidio Production into the public markets occurs during a transition in the energy sector, moving from a capital-intensive shale era to a focus on disciplined returns [4] - Presidio Production's business model is characterized by zero reliance on future drilling, minimal capital investment, and substantial free cash flow, distinguishing it from traditional operators [4]

Core Insights - IREN Limited has appointed Anthony Lewis as Chief Financial Officer, who previously served as Chief Capital Officer and will continue to oversee capital markets strategy and financing activities in his new role [1][2] - Lewis succeeds Belinda Nucifora, who contributed significantly during her 3.5 years as CFO, enhancing systems, controls, and transitioning to U.S. GAAP reporting [2] Company Overview - IREN is a leading developer and operator of next-generation data centers, focusing on Bitcoin, AI, and renewable energy [3] - The company operates large-scale, grid-connected facilities in renewable-rich regions across the U.S. and Canada, utilizing 100% renewable energy [3] Operational Highlights - IREN has secured 2,910 MW of grid-connected power across over 2,000 acres in the U.S. and Canada, with a multi-gigawatt development pipeline [4] - The company operates 810 MW of data centers supporting Bitcoin mining, AI cloud services, and AI data centers [4] - IREN is one of the world's largest and lowest-cost Bitcoin producers, with an installed self-mining capacity of 50 EH/s [4] - The AI cloud services segment delivers high-performance cloud computing to AI customers using next-generation NVIDIA GPUs [4]

Core Insights - IREN Limited reported a decline in Bitcoin mining performance for August 2025, with a decrease in average operating hashrate and Bitcoin mined compared to July 2025 [4][10] - The company is expanding its AI Cloud services, securing NVIDIA Preferred Partner status and planning significant GPU deployments [5][10] - Despite challenges, IREN generated substantial hardware profits in August, indicating resilience in its operations [8][10] Bitcoin Mining Performance - Average operating hashrate decreased to 44.0 EH/s from 45.4 EH/s [4] - Bitcoin mined fell to 668 BTC from 728 BTC [4] - Revenue per Bitcoin mined slightly decreased to $114,816 from $114,891 [4] - Net electricity cost per Bitcoin mined increased to ($38,791) from ($32,266) [4] - Total revenue from Bitcoin mining was $76.7 million, down from $83.6 million [4] - Hardware profit decreased to $50.8 million with a profit margin of 66%, down from $60.1 million and 72% respectively [4][25] AI Cloud Services Expansion - AI Cloud revenue increased to $2.4 million from $2.3 million [4] - The company is expanding its GPU capacity to 10.9k NVIDIA GPUs, primarily Blackwell models, with a potential annualized revenue target of $200-250 million by December 2025 [5][10] - Non-dilutive GPU financing of approximately $200 million has been secured to support this expansion [10] Management Commentary - Management highlighted accelerating demand for AI Cloud services and ongoing construction of a new liquid-cooled data center at Prince George [7][8] - The company reported generating $53 million in hardware profit in August despite seasonal curtailment and rising electricity prices [8] Financial Metrics - Total hardware profit for August was $53.2 million, down from $62.4 million in July [25] - Average daily hardware profits exceeded $1.6 million in August, despite elevated electricity costs [10] - Current Bitcoin mining capacity of 50 EH/s is projected to generate over $1 billion in annualized revenue [10]

Core Insights - Goliath Resources Limited has reported significant high-grade gold assay results from its 2025 drill program at the Surebet Discovery, indicating a strong potential for further resource expansion [5][6][8] - The drilling campaign aims to complete up to 60,000 meters with 9 rigs actively drilling, focusing on expanding the known mineralized zones and testing for a magmatic gold source [7][18] - The Surebet Discovery has demonstrated a 100% hit rate for substantial quartz-sulphide mineralization in drill holes, with 90% of the holes containing visible gold [6][18] Drilling Results - Drill hole GD-25-328 intersected 18.58 g/t Au over 5.00 meters, including 30.95 g/t Au over 3 meters, showcasing the high-grade nature of the mineralization [5][9] - Other notable drill results include GD-25-355 with 5.72 g/t Au over 12.20 meters and GD-25-345 with two mineralized intervals of 5.09 g/t Au over 9.00 meters and 4.22 g/t Au over 6.03 meters [10][12][14] - The overall drilling results indicate multiple occurrences of visible gold within substantial quartz veins, enhancing the discovery's potential [9][14] Geological Context - The Surebet Discovery features three distinct rock packages: quartz-sulphide breccias, Eocene-aged Reduced Intrusive Related Gold (RIRG) dykes, and calc-silicate altered breccia, all containing substantial visible gold [18][21] - The mineralization footprint extends over 1.8 km, larger than half the size of Central Park, and remains open in all directions, indicating significant untapped potential [8][27] - The geological setting is located in the Golden Triangle of British Columbia, an area known for hosting some of Canada's richest gold mines [20][26] Project Management and Future Plans - The company is on track to complete its drilling campaign within the planned timeline, with a focus on systematic drilling to expand the geometry of the Surebet Discovery [7][8] - The project management team has been praised for their efficiency and safety in executing the drilling program, with ongoing logging and sample shipping planned after drilling completion [8][21] - Goliath Resources anticipates a steady flow of assay results throughout the remainder of 2025 and into 2026, reflecting the ongoing exploration success [8][18]

VANCOUVER, British Columbia, Sept. 08, 2025 (GLOBE NEWSWIRE) -- Liberty Gold Corp. (TSX: LGD; OTCQX: LGDTF) ("Liberty Gold" or the “Company”), is pleased to announce that it has entered into a subscription agreement (the “Subscription”) with Centerra Gold Inc. (“Centerra”), whereby Centerra will acquire 9.9% of the issued and outstanding common shares of the Company (the “Common Shares”). Jon Gilligan, CEO of Liberty Gold, commented: “We are thrilled to welcome Centerra as a strategic investor in Liberty Go ...

Core Viewpoint - Titan Mining Corporation is taking significant steps towards becoming the first fully integrated natural flake graphite producer in the U.S. in 70 years, including a leadership change and plans for a NYSE American listing [1][4][7]. Company Developments - Titan Mining Corporation has appointed Rita Adiani as CEO, effective immediately, while she continues as President and joins the Board of Directors [1][2]. - Don Taylor will transition to Vice Chair of the Board, ensuring continuity and technical oversight [1][4]. - Jenny Hood has been appointed as Vice President, Commercial and Sales, and Irina Kuznetsova as Director, Investor Relations [1][3]. Leadership Experience - Rita Adiani has over 19 years of international mining industry experience, having raised over US$10 billion in public equity and M&A transactions [2]. - Jenny Hood brings two decades of experience in commercial strategy and supply chain leadership, focusing on customer acquisition and sales partnerships for Titan's Kilbourne graphite project [3]. - Irina Kuznetsova has a proven record in investor relations, enhancing the management team's expertise [3]. Strategic Goals - Titan aims to expand U.S. production of critical minerals in New York and establish itself as a leading platform for critical minerals in the U.S. [2][4]. - The planned NYSE American listing is seen as a crucial step in Titan's evolution and value creation across its dual-commodity platform [4][7].

SASKATOON, Canada , Sept. 08, 2025 (GLOBE NEWSWIRE) -- GFG Resources Inc. (TSXV: GFG | OTCQB: GFGSF) (“GFG” or the “Company”) announces the start of a 3,000-metre (“m”) diamond drill program at the Aljo Gold Project (“Aljo”) on the east side of GFG’s Goldarm Property in the Timmins Gold District, Ontario (See Figures 1 and 2). The program is designed to: (i) confirm grade continuity in the Main Zone, (ii) extend multiple Hangingwall (“HW”) zones, and (iii) aggressively expand the Footwall (“FW”) corridor, i ...

Core Viewpoint - G2 Goldfields Inc. has announced new assay results from its ongoing drilling program in the greater OKO-AREMU district, Guyana, highlighting significant gold discoveries and ongoing exploration efforts [1][12]. Exploration and Discoveries - G2 Goldfields holds exploration rights to 83,967 acres in the OKO-AREMU district, with the New Oko Discovery being the third significant gold discovery on its holdings [1]. - The New Oko Discovery area has seen 108 drill holes completed, totaling 20,423 meters, with assay results provided for forty-nine drill holes [4][12]. - The gold mineralization has been extended 200 meters down plunge from previous holes, with significant intercepts reported [4][6]. Drill Results - Notable drill results include: - 49.0 meters at 1.3 g/t Au (AMD54A) - 52.0 meters at 1.1 g/t Au (AMD56) - 49.5 meters at 4.2 g/t Au (AMD87) - 7.5 meters at 13.8 g/t Au (AMD97) [4][9]. - Infill drilling has confirmed high-grade gold mineralization near the surface, with results indicating strong potential for open-pit mining [6][12]. Future Projections - An updated Mineral Resource Estimate (MRE) and Preliminary Economic Assessment (PEA) are anticipated in Q4 2025, reflecting the ongoing progress and potential of the project [4][12]. - The company is optimistic about developing a significant new gold mine in Guyana, with plans for a multi-open pit operation combined with a high-grade underground mine [12][14]. Historical Context - G2 Goldfields has a legacy of exploration success, having been responsible for the discovery of over 10 million ounces of gold in the Guiana Shield [14]. - The Oko district has been recognized as a prolific alluvial goldfield since the 1870s, with modern exploration techniques revealing considerable potential [15].

Core Viewpoint - Chinese scientists have unveiled a comprehensive plan for a near-Earth asteroid defense system, emphasizing the need for global collaboration to ensure planetary safety [1][3][12]. Asteroid Defense Program - The strategic concept for asteroid defense development was presented under the United Nations Committee on the Peaceful Uses of Outer Space (COPUOS) framework [3]. - The plan includes monitoring and early warning, in-orbit handling, and systematic response, aiming to establish a comprehensive detection and defense system for near-Earth asteroids [4]. - Historical asteroid impacts, such as the one that led to the extinction of dinosaurs, highlight the potential hazards posed by near-Earth asteroids [5][6]. International Cooperation - The International Asteroid Warning Network (IAWN) and the Space Mission Planning Advisory Group (SMPAG) were established in 2014 to enhance global asteroid defense efforts, with China actively participating [10]. - Global scientists praised China's asteroid defense plan, noting its relevance and timeliness [11]. - China aims to share observation data and research findings with international partners through the IAWN platform, promoting collaborative monitoring and data sharing [12][20]. Resource for Humanity - China emphasizes that space resource exploration and utilization should benefit all humanity, proposing joint efforts to develop the deep space economy [16]. - The deep space economy includes sectors such as resource utilization, energy, and transportation, with near-Earth asteroids identified as rich in valuable resources [17][19]. - Other countries, including the United States and Japan, have enacted legislation to support the development of space resources, indicating a growing global interest in this area [18].