Press Release
IR-MED and Dice Technologies Announce collaboration to Evaluate and Advance Pressure-Injury Prevention Platform in Japan
Rosh Pinna, Israel, September 16th, 2026, FinanceWire
- Letter of Intent (“LOI”) signed to cooperate in the evaluation, research support, localization, commercialization preparation and regulatory preparation of the PressureSafe
medical device in Japan. - Collaboration addresses a significant potential market need in Japan, which includes more than 36 million people aged 65 and older and approximately 8,000 hospitals, 13,600 long-term care facilities, and 16,000+ home-visit nursing stations.
- Strategic collaboration combines IR-MED’s infrared spectroscopy technology and proprietary algorithm with Dice Technologies’ capabilities in coordinating clinical evaluation, localization and regulatory preparation activities in Japan.
- Clinical research and evidence-generation activities are expected to include cooperation with the Department of Plastic Surgery at Kobe University, subject to required ethics review, institutional approvals and separate written arrangements.
IR-MED Ltd. (OTC: IRME) (the “Company” or “IR-Med”), developer of infrared spectroscopy-based medical device technology,, and Dice Technologies Co., Ltd., a leading Japanese healthcare digital transformation and medical IT provider, today announced the signing of a LOI. The LOI sets forth a framework for the parties to cooperate in the evaluation, research support, localization, commercialization preparation and regulatory preparation of IR-MED’s PressureSafe
device for the Japanese market. Except for certain provisions relating to confidentiality and data protection, intellectual property rights, and device management, return and disposal, the LOI is not intended to create legally binding obligations between the parties.
Ultimately, the partnership is driven by a shared, transformative vision: Build pressure-injury prevention platform — device, AI, and EHR systems unified across hospitals, LTC, and home care nation wide
The parties intend to evaluate PressureSafe
for use in hospitals, long-term care facilities and home healthcare settings in Japan, with a focus on supporting the assessment of early signs of pressure injuries.
PressureSafe
is a medical device that uses infrared technology to support the assessment of early changes associated with pressure injuries and skin conditions. It provides real-time, on-site, non-thermal and blood-flow-related indicators intended to support, and not replace, the clinical judgment of nurses and physicians. PressureSafe
combines infrared spectroscopy with a proprietary algorithm and is intended to support the assessment of early signs of pressure injuries.
Market Need in Japan
Japan is facing an unprecedented demographic and systemic challenge. With an aging population of 36.19 million individuals aged 65 and older (29.4% of the total population), national care expenditures have reached a record ¥11.94 trillion. Concurrently, the healthcare sector is bracing for a projected shortage of hundreds of thousands of nurses and approximately 300,000 care workers.
This convergence of an aging population and severe workforce shortages has driven a significant increase in the prevalence of pressure injuries—particularly in the rapidly growing home care sector, which reports a 1.93% prevalence rate. To address this, Japan requires scalable, technology-assisted care solutions across its approximately 8,000 hospitals (1.2 million beds), 13,600 long-term care facilities (1.0 million residents), and 18,042 home-visit nursing agencies.
A complementary Strategic Synergy
The collaboration between IR-MED and Dice Technologies represents a highly complementary alignment of technological innovation and domestic operational mastery.
- The Technology & Science Engine (IR-MED): IR-MED brings its proprietary PressureSafe
sensors, predictive AI algorithms, and a foundation of global clinical data. The technology addresses the crucial “Layer 1” of early risk assessment—sub-epidermal tissue health—providing objective metrics to a field that has historically relied on subjective visual observation. - The Domestic Commercial & Integration Leader (Dice Technologies): Dice Technologies will lead and coordinate the evaluation program in Japan. Leveraging an established nationwide footprint serving over 1,000 clinics well-distributed across Japan, Dice Technologies will support Pharmaceuticals and Medical Devices Agency (“PMDA”) consultation preparation and regulatory communications in Japan.. Crucially, Dice Technologies bridges the gap between device and daily workflow by integrating PressureSafe
data into its existing CareNest platform and domestic Electronic Health Records (“EHR” ), creating a seamless data flow from the hospital to the patient’s home.
Phased Rollout and Clinical Validation
The partnership will execute a highly structured, reverse L-shaped Go-to-Market strategy. The initial phase will focus on real-world evaluations in long-term care (“LTC”) and home-visit settings to generate clinical utility data and user feedback.
Simultaneously, the partners will advance rigorous clinical research and PMDA consultation to support the regulatory pathway for PressureSafe
in Japan. This validation process will be bolstered by anticipated cooperation with Japanese clinical leaders, including the Department of Plastic and Reconstructive Surgery at Kobe University, subject to required ethics review, institutional approvals and separate written arrangements.
Executive Commentary
Ken Ishiga, President and Representative Director of Dice Technologies Co., Ltd., stated, “Japan’s care crisis cannot be solved with isolated tools. We must unify prevention, observation, and discharge support. By combining IR-MED’s extraordinary ‘sensing the invisible’ technology with our EHR integrations and CareNest platform, we are delivering on our shared vision to build a continuous, patient-centered care infrastructure that supports our overstretched healthcare workforce over the long term.”
“Entering the Japanese market requires more than just groundbreaking technology; it requires a deep integration into the local care ecosystem. In Dice Technologies, we have found the perfect partner,” said Dr. Yaniv Cohen, Interim CEO and Chief Scientific Officer of IR-MED. “Their expertise in medical IT, their impressive footprint serving over 1,000 care facilities, and their ability to navigate PMDA regulations make them the ideal catalyst for PressureSafe
. Together, we are not just evaluating a device; we are working toward a new national standard for objective, preventive care.”
About IR-MED Ltd.
IR-MED Ltd. is developing a cutting-edge infrared spectroscopy and AI analysis platform technology as a basis for point-of-care decision support devices. The infrared spectroscopy technology allows harmless and non-invasive gathering of bio-information from patient blood and tissue. That data is then processed by the Company’s AI-based system to provide healthcare professionals with decision support in the assessment of various medical conditions. PressureSafe
, the Company’s lead platform product, is a handheld device designed to revolutionize the assessment of pressure injuries (PI) affecting skin and underlying tissue regardless of patient skin tone. IR-MED holds patents protecting its innovations in non-invasive tissue assessment.
For more information, visit: https://www.ir-medical.com/
About Dice Technologies Co., Ltd.
Based in Osaka, Japan, Dice Technologies Co., Ltd. specializes in comprehensive digital solutions optimized for clinics, hospitals, and welfare facilities. Backed by a strong national footprint encompassing over 1,000 clinics well-distributed across Japan, the company streamlines healthcare workflows through advanced medical IT systems, seamless electronic medical record (EMR) migrations, medical device distribution, and innovative home assessment applications. Dice Technologies leverages technology and community partnership to reduce operational burdens and build a sustainable healthcare future.
For more information, visit: https://d-technologies.co.jp/
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. Statements that are not statements of historical fact, including statements regarding the timing and success of the strategic partnership, the activities contemplated by the LOI, the clinical evaluation results, PMDA regulatory consultations and classification, and commercial acceptance of PressureSafe
in Japan, are forward-looking statements. These statements are based on management’s current expectations and are subject to risks and uncertainties that could cause actual results to differ materially, including regulatory delays, the non-binding nature of most provisions of the LOI, clinical trial outcomes, competition, and general economic conditions. IR-MED undertakes no obligation to publicly update or revise any forward-looking statements.
Sources:
Statistics Bureau of Japan, Statistical Topics No.146 (published 14 Sep 2025) / MHLW, “Japan’s Population” / MHLW, Report on the Status of Long-Term Care Insurance (Nov 2024) / MHLW, Survey of Long-Term Care Benefit Expenditures FY2024 (published 30 Sep 2025) / MHLW, Survey of Institutions and Establishments for Long-Term Care 2024 (published Dec 2025) / MHLW, Survey of Medical Institutions and Hospital Report 2024 (published 26 Sep 2025; confirmed figures as of 1 Oct 2024)
Investor & Media Contacts:
IR-MED Ltd. Investor Relations Email: contact@ir-medical.com
Website: https://www.ir-medical.com/
Dice Technologies Co., Ltd.
Website: https://d-technologies.co.jp
Contact
IR-MED Ltd. Investor Relations
contact@ir-medical.com
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Where Malaysia’s AI Decisions Get Made – World AI Show 2026 Delivers on Its Promise

Kuala Lumpur, Malaysia, 17th September 2026, ZEX PR WIRE — The 48th Global Edition of World AI Show- Malaysia concluded successfully at DoubleTree by Hilton Kuala Lumpur, bringing together 1500+ business & tech leaders AI decision makers, policymakers, C-suite executives, infrastructure leaders, technology pioneers, and enterprise leaders for two days of high-impact discussions, strategic networking, and business collaboration.
Organised by Trescon, the summit reinforced Malaysia’s growing position as a strategic AI hub in ASEAN, connecting global technology innovators with enterprises and government stakeholders driving the country’s digital transformation.
Positioned as a platform where Malaysia’s AI decisions get made, World AI Show Malaysia 2026 brought together leaders shaping the country’s AI ecosystem, spanning government agencies, GLCs, multinational enterprises, technology providers, and enterprise buyers. The summit focused on translating Malaysia’s AI ambitions into practical strategies for enterprise adoption, infrastructure development, cybersecurity, responsible AI, and long-term digital competitiveness.
Across keynote addresses, fireside chats, panel discussions, and executive networking sessions, the summit explored the technologies, policies, and partnerships shaping Malaysia’s AI future. Discussions covered AI infrastructure, sovereign cloud, data foundations, enterprise AI deployment, AI in government and GLCs, cybersecurity, AI governance, responsible AI, generative AI, and AI-powered business transformation.
The event featured an extensive lineup of government representatives, global and regional technology leaders, enterprise decision-makers, and AI innovators who shared practical insights on moving beyond AI experimentation towards scalable and measurable business outcomes. Conversations highlighted the importance of secure infrastructure, trusted data, responsible governance, talent development, and strong public-private collaboration in accelerating AI adoption across Malaysia and the wider ASEAN region.
The event was officially opened by our Guest of Honour, YBhg. Datuk Fabian Bigar, Secretary-General of the Ministry of Digital, delivered the Official Opening Address and set the stage for two days of high-level dialogue and collaboration.
The stage commanded a formidable line-up of voices from Malaysia’s government, financial services, technology, energy, telecommunications, retail, manufacturing and other key sectors, including:
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Sr Jamie Tan – Managing Director, JLL Malaysia
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Budiman Bujang – Deputy Chief Digital Officer, Johor Corporation
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TS Jackson Raao – Principal Assistant Secretary, Ministry of Science, Technology and Innovation
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Ganeshbabu Nagarajan – Executive Director – Transformation Programmes, Standard Chartered Bank
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Chuan Boon Loo, Chief Operating Officer, Selangor Information Technology & Digital Economy Corporation
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Najib Masdan – Senior Vice President, Digital & Technology, Khazanah Nasional Berhad
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Victor Khor Eng Swee – Director of Business Technology Department, Bank Negara Malaysia
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Azlina Binti Ab Aziz – Principal Assistant Director, National Cyber Security Agency (NACSA)
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Mohd Shahril Bin Kamaruzzaman, Head of Technology, Engineering and Data, Bank Islam
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Chua Yong Howe – Chief Digital Officer, UEM Edgenta
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Keeratpal Singh – Chief AI and Data Officer (APAC Financial Services), Worldline
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Sadesh Manikam – Executive Vice President, Enterprise Data Office & DPO, Bursa Malaysia
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Zairil Anuar Ahmad – Chief Technology Officer, Co-opbank Pertama
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Ahmad Faiz – Head – Data & AI, Global Technology Unit, BASF
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Raunak Mehta – Chief Executive Officer, Igloo
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Mohd Hanapi Bisri – Senior Digital Industry Leader – Oil & Gas
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Ong Hong Hoe – Director of Digital and Technology, Labuan Financial Services Authority
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Narayanan Chidambaram – Head Project Engineering Pod, Digital Project Management, PETRONAS
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Sudeep Srivastava – Head – Kuala Lumpur IT Center, SLB
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Dario Bianchi – Chief Product Officer, Mind Valley
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G Saravanan – Chief Information Officer, National Cancer Society Malaysia
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Dr Ahmad Khalid Khairi – Chief Technology and Innovation Officer, UZMA BERHAD
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Manminder Kaur Dhillon – CEO & Founder, Supernewsroom.ai
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Sabrina Yap – Head of Digital Transformation, Mr DIY International
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Low Ngai Yuen – Managing Director, AEON360
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Alex Yap Chun Kiat – Head of Data Engineering, CelcomDigi
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Effendy Zulkifly – Chief Digital Officer, YAPEIM HOLDING
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Murugason R Thangaratnam – Digital Expert Panel, Malaysia Digital Economy Corporation (MDEC)
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Ramana Ramakrishna – Head, Cybersecurity & Programme Delivery, Gamuda DNeX Cloud
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Dr Chua Wen-Shyan – Head of Malaysian Smart Factory 4.0, Selangor Human Resource Development Centre
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Goh Ser Yoong – Chief Information Security Officer, Ryt Bank
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Alex P’ng – Chief Technology Officer, MYNEWS RETAIL SDN. BHD.
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Rainer Althoff, Strategic Advisor, MyIoTA Malaysia
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Azrul Zafri Azmi, Deputy President | Chairman, Malaysia Cyber Consumer Association (MCCA) | Youth Council of DPMM
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Sahaj Kothari, Partner, Capzara Capital
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Matt Moore, Principal Observability Strategist, Datadog
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Eric Liew, Regional Sales Director, ASEAN, Blaize
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Retainna Lin, Vice President, Bitdeer AI
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Mohammed Ashwaq Khan, Strategic Solutions Architect, JumpCloud
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Grace Zhang, Founder and CEO, Trustharbor
The summit also provided a highly curated environment for senior decision-makers to connect with technology providers, investors, startups, government stakeholders, and industry peers. Through executive networking sessions, closed-door discussions, business meetings, and curated interactions, participants explored new partnerships, technology opportunities, investment prospects, and cross-border collaborations.
The event came at a pivotal time for Malaysia as the country continues to strengthen its digital infrastructure, expand AI capabilities, develop sovereign technology ecosystems, and advance its broader AI Nation 2030 ambitions. Discussions at the summit highlighted Malaysia’s opportunity to leverage AI not only as a technology enabler but also as a catalyst for economic growth, national resilience, enterprise competitiveness, and regional leadership.
The 48th Global Edition was supported by a distinguished ecosystem of technology and industry partners. The summit was powered by Lead Sponsor Datadog; Platinum Sponsor Magure; Gold Sponsors Bitdeer AI, Blaize, Nokia, Primary Guard, JumpCloud, Sangfor Technologies and OGX Networks Sdn Bhd; alongside CXO Boardroom Partners Datadog and Zoom. The event also featured Bronze Sponsors Alibaba Cloud and Unison, with exhibitors including Cloudspace, Agora, OpenGreet.ai, Accomy, and other AI solution providers showcasing next-generation enterprise technologies.
The event’s ecosystem was further strengthened through strategic support from CyberSecurity Malaysia, Invest Penang, and Sidec, alongside association partners including AMCHAM Malaysia, Malaysia-India Business Council (MIBC), The AI Collective Kuala Lumpur, MY IOTA, MAAI, and BeLuxCham Malaysia.
With its successful conclusion, World AI Show Malaysia 2026 further strengthened its position as a platform connecting Malaysia’s rapidly evolving AI ecosystem with global technology leaders, enabling knowledge exchange, strategic collaboration, and enterprise innovation across the region.
About World AI Show
World AI Show is Trescon’s globally recognised, business-focused AI summit series connecting governments, enterprises, investors, startups, researchers, and technology leaders across Asia, the Middle East, Europe, and Africa. The platform is dedicated to accelerating AI adoption through thought leadership, strategic partnerships, enterprise innovation, and real-world implementation, bringing together the leaders defining the future of artificial intelligence across global markets.
For sponsorship & partnership opportunities at the upcoming World AI Show in Malaysia, please contact Shrikanth Prabhu, Commercial Director, at prabhu@tresconglobal.com.
Media Contact
Reeha Haris
PR & Media Executive
E: reeha@tresconglobal.com
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Dominican Republic’s Permitting Overhaul Drives 157% Gain in Construction Investment
By operationalizing the model set out in former tech executive Rainier Mallol’s paper “The Operative Republic,” the Ministry of Housing issued 85% more licenses in the first half of 2026
Dominican Republic, 16th Sep 2026 —The Dominican Republic recorded a 157% increase in private housing investment in the first half of 2026, driven in part by a rebuilt construction permitting process. Permits rose 85%, translating into RD$3,301.91 million (USD $5.6 billion) in additional construction investment. The gains follow reforms led by Rainier Mallol, then Director of Digital Transformation at the Ministry of Housing, who rebuilt permitting around the principles set out in his paper The Operative Republic: shared digital public infrastructure spanning identity, workflows, rules, registries, payments, and audit trails, rather than isolated digital procedures bolted onto existing bureaucracy.
“We matched all of last year’s licensing output in seven months, with more technical rigor, since controls that used to depend on the reviewer are now enforced by the system,” Mallol said. The approach was adopted as the technology base of the Construction Permits Modernization Plan. The Central Bank of the Dominican Republic now ranks construction as the fastest-growing sector this year, up 14.9% in June, citing faster approval of new works among the drivers. In fact, construction has become the Dominican Republic’s fastest-growing sector as tech-driven permitting reform adds $5.6 billion.
The Minister of Housing has since been appointed Minister of Foreign Affairs, with Mallol serving as his senior advisor. He is now applying the same operating model to consular services and diplomatic case management. “The same digital public infrastructure we built in housing will be used in consular services and diplomatic relationship management,” Mallol said. “We are turning theory into practice, affecting GDP and public satisfaction with government. These ideas are replicable across departments.”
Mallol’s background spans government modernization, public-sector data systems, COVID-19 technology response, digital infrastructure, and international public-service technology work, including emerging-technology ventures. He has held senior government technology roles, led 60-person and 28-person technology teams across the private and public sectors, and negotiated multi-million-dollar infrastructure budgets for nationwide software systems and cross-ministerial data integrations. He has spoken on technology policy in Japan, Malaysia, Panama, the U.S., the UAE, Chile, and the Dominican Republic, and holds a Master’s in Public Administration in International Development from Harvard University.
Media Contact
Organization: Rainier Mallol
Contact Person: Rainier Mallol
Email: Send Email
Contact Number: +18295429555
Country: Dominican Republic
Release id: 49184
The post Dominican Republic’s Permitting Overhaul Drives 157% Gain in Construction Investment 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
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Press Release
Toogood Gold’s Table Mountain Sits in the Shadow of a Nevada Gold Rush
Dallas, USA, September 16th, 2026, FinanceWire
Toogood Gold Corp. announced the definition of two priority exploration corridors at its Table Mountain Gold-Silver Project in Lincoln County, Nevada, and plans to advance the project toward a 3,000-meter maiden drill program. The company’s Phase 1 fieldwork identified the Widowmaker and Pacifico trends as priority targets within the project’s approximately 4-by-2-kilometer alteration footprint. Toogood holds an option to earn a 100% interest in the low-sulphidation epithermal system, which has never been drilled and is located roughly 9 kilometers south of Nevada King’s past-producing Atlanta Gold Mine.
The project was generated by Orogen Royalties through a regional exploration approach that included airborne spectral data — the same method behind identifying the Silicon project and later a 4+ Moz Au discovery by AngloGold Ashanti. Orogen’s senior management has called Table Mountain the best greenfields opportunity the company has generated.
Phase 1 fieldwork defined two priority corridors. The Widowmaker trend is an arcuate structure running more than 5 kilometers through the core of the system, with the Widowmaker vein exposed intermittently over more than 1 kilometer, with a train of epithermal vein float extending for an additional kilometer. About 500 meters east, the subparallel Pacifico trend adds more than 5 kilometers of cumulative mapped fault trace, and also hosts structurally controlled epithermal veins. Lattice-textured quartz is widespread across Table Mountain, in both veins and hydrothermal breccias — this texture is a signature of boiling, the process that drops gold and silver out of solution in systems of this type. The surface dataset includes >6,400 soil samples, 1,688 gravity stations, and 780 line-kilometers of drone magnetics, with analytical results from the current Phase 1 program still pending. Zonge International is running roughly 15 line-kilometers of CSAMT across both corridors this month, and SWCA Environmental Consultants is advancing Notice of Intent permitting for a 3,000-meter maiden drill program planned for late 2026 or early 2027.
The technical bench is deeper than the stage suggests. CEO Colin Smith is a geologist who came through the Discovery Group and SSR Mining; VP Exploration Lee Hess is a structural geologist specializing in Great Basin epithermal systems, also formerly of SSR Mining; and technical advisor Dr. Stuart Simmons, with more than 40 years on epithermal systems, concluded the surface exposures represent the upper levels of a well-preserved system with widespread evidence of boiling.
Investors should keep the stage in view. Table Mountain has no mineral resource and has never been drilled; analytical results from the current Phase 1 program remain pending, and Toogood holds the project under an earn-in option rather than outright ownership. Everything described above is surface work whose purpose is to decide where the first drill goes.
Nevada’s Gold Pipeline: From First Drilling to 100 Million Ounces
Gold is trading in the $4,300-$4,400 range, and investors following it want two things at once: exposure to the metal and a jurisdiction with an established mining industry and relatively predictable rules. That combination keeps pulling capital back to Nevada. The state hosts the largest gold-mining complex on earth, a bench of past-producing mines being brought back to life, and explorers advancing prospects that remain much earlier in development — like Toogood. The names investors talk about sit at different points on that curve, and the market prices each stage differently.
The Two That Set the Terms
Barrick Mining Corporation (NYSE: B) (TSX: ABX) and Newmont Corporation (NYSE: NEM) own Nevada Gold Mines, the joint venture spanning the Carlin, Cortez, Turquoise Ridge and Phoenix districts, at 61.5% and 38.5% respectively. On August 10, the two companies ended years of disputes with an agreement that folds Barrick’s Fourmile discovery and Newmont’s Fiberline and Mike developments into the joint venture, with Newmont paying Barrick $1.95 billion cash for the difference in contributed value. Barrick says the agreement expands the Nevada complex to nearly 100 million ounces. The settlement also cleared Newmont’s consent for Barrick’s planned IPO of its North American gold business, expected to complete by year-end.
Nearly every ounce in that complex started as somebody’s exploration target. Fourmile, the discovery Barrick has called one of the century’s greatest, came out of ground beside a mine that had been operating for decades. The rest of the Nevada pipeline is built on that pattern.
Three Juniors Further Along the Curve
Each of the three below has crossed a threshold Toogood hasn’t: drilling has defined a mineral resource. Their figures aren’t directly comparable — one reports measured-and-indicated oxide ounces, one reports inferred ounces only, and one reports gold-equivalent ounces that fold in silver at elevated metal prices.
Nevada King Gold Corp. (TSXV: NKG) (OTCQB: NKGFF) owns the 130-square-kilometer Atlanta Gold Mine project, a past-producing open pit with a 1.02-million-ounce measured-and-indicated oxide resource, immediately north of Toogood’s ground. It’s at the district-expansion stage: the company doubled its 2026 drill program to 40,000 meters, and by late August a fourth rig was testing new targets around the historical pit, including an undrilled 500-by-300-meter zone.
Scorpio Gold Corp. (NASDAQ: SGLD) (TSX-V: SGLD) consolidated the Manhattan District in Nye County, about 20 kilometers south of Kinross’s (NYSE: KGC) (TSX: K) Round Mountain mine, combining its Goldwedge mine and mill with four past-producing pits acquired from Kinross in 2021. It’s at the maiden-resource stage: an estimate effective June 2025 holds 740,000 inferred ounces at 1.26 g/t gold, and a 32,585-meter Phase Two program has tested well beyond the resource pit shell, with recent results including 3.02 g/t gold over 48.92 meters.
Lahontan Gold Corp. (TSX-V: LG) (OTCQB: LGCXF) is at the restart-permitting stage. Its Santa Fe Mine in Mineral County produced roughly 359,000 ounces of gold and 702,000 ounces of silver by heap leaching between 1988 and 1995. An updated resource effective August 13, 2026 carries 1,195,000 gold-equivalent ounces indicated and 1,190,000 inferred, calculated at $3,200 gold and $40 silver. A revised preliminary economic assessment is targeted for September, permitting is underway, and the company is targeting 2027 for construction.
Nevada King, Scorpio and Lahontan are each several years and tens of thousands of drill meters past the point Toogood is at now, and the two majors are decades past it. Whether Toogood follows a similar path depends first on what the maiden program finds. For now, the company is doing the groundwork next door to one of the most active drill programs in the state, in a jurisdiction where successful exploration has repeatedly attracted much larger pools of capital, which is enough to warrant some attention.
About Toogood Gold Corp.
Toogood Gold Corp. is a Canadian exploration company focused on the discovery and advancement of high-grade gold systems in tier-one mining jurisdictions. The Company has two core areas of focus: the Table Mountain Project in Nevada, where the Company has an option to earn a 100% interest in a large, undrilled low-sulphidation epithermal system with extensive surface alteration and multiple mineralized vein exposures; and the district-scale Toogood Gold Project in Newfoundland, where the Company has an option to earn a 100% interest in a 164 km² land package covering a highly underexplored gold district with multiple target areas and demonstrated gold prospectivity.
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Sources: https://finance.yahoo.com/markets/commodities/articles/toogood-gold-defines-two-priority-110000436.html
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