Press Release
West Red Lake Gold Q2 Results Deliver Higher Gold Production and Strong Financial Performance
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
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Press Release
SS Support Network Releases 2026 NEMT Back-Office Report and Launches Free Operations Audit for U.S. Providers
New analysis from the healthcare outsourcing company finds that non-emergency medical transportation providers lose the most revenue in back-office operations — unanswered calls, dispatch gaps, and broker-compliance issues — rather than on the road.
Vancouver, WA, United States, 1st Sep 2026, Grand Newswire – SS Support Network LLC, a U.S.-registered healthcare and non-emergency medical transportation (NEMT) back-office outsourcing company founded in 2020, today released its 2026 NEMT Back-Office Report and announced a free operations audit for U.S. transportation providers. Drawn from the company’s work across more than 200 clients and over 200,000 processed claims, the report identifies where NEMT providers lose trips, revenue, and broker trust, and finds that the costliest failures occur in back-office operations rather than in vehicles or drivers.
The report arrives as demand for medical transportation rises and broker requirements tighten. Industry data places the U.S. NEMT market at roughly $17 billion with mid-single-digit annual growth, while U.S. Census Bureau projections indicate 73.1 million Americans will be aged 65 or older by 2030. Published industry analyses estimate NEMT driver turnover above 64% annually and put the cost of missed medical appointments to the U.S. healthcare system at approximately $150 billion per year, with transportation barriers among the leading contributors.
According to the report, most providers focus on vehicles and drivers while the largest financial losses occur elsewhere: after-hours calls sent to voicemail, will-call returns left unmanaged, broker portals worked inconsistently, and credentials that lapse unnoticed until trips stop or an audit occurs. SS Support Network states that these gaps reduce trip volume, weaken broker relationships, and lower customer satisfaction even when a provider’s fleet and drivers perform well.
The company reports measurable results from its own engagements. In anonymized client outcomes, SS Support Network released $28,000 in previously held Modivcare billing for payment, generated approximately $9,800 in new broker-driven revenue for another provider within about two months, and helped raise one transportation company’s public review rating from 1.8 to 3.7 through consistent, in-name customer support. In a separate engagement, an East Coast NEMT provider transferred its full back office to the company and expanded from a single state to multiple states while SS Support Network continued to manage day-to-day operations for more than two years.
“Most NEMT owners assume their problem is vehicles and drivers,” said Nimra Khalid, Co-Founder & Chief Operating Officer of SS Support Network. “In our experience, the revenue is usually lost in quieter places — a phone going to voicemail overnight, a broker portal left untouched, a credential that expired. When the back office is corrected, the same fleet completes more trips and retains more broker business.”
Alongside the report, SS Support Network is making a free operations audit available to U.S. NEMT providers. The audit is a written review of a provider’s calls, dispatching, scheduling, and broker activity that identifies specific operational issues and recommended corrections, provided at no cost. The company’s agents are HIPAA-trained and operate under a signed Business Associate Agreement (BAA), working within a provider’s existing dispatch software and broker portals, including Modivcare, MTM, and Access2Care.
“Operators should be able to see where they are losing money, in writing,” Nimra added. “If we are not the right fit, the audit says so.”
The 2026 NEMT Back-Office Report and details of the free operations audit are available at https://sssupportnetwork.llc/.
About SS Support Network
SS Support Network LLC is a U.S.-registered business process outsourcing (BPO) company founded in 2020 and headquartered in Vancouver, Washington. The company provides back-office operations for healthcare and transportation businesses, including 24/7 call handling, NEMT dispatch, patient scheduling, medical billing, and provider credentialing, delivered by HIPAA-trained teams serving clients across all 50 U.S. states. More information is available at https://sssupportnetwork.llc.
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The post SS Support Network Releases 2026 NEMT Back-Office Report and Launches Free Operations Audit for U.S. Providers
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Press Release
Aster and World Liberty Financial Launch USD1 RWA Boost: Phase 1, Offering 125M $WLFI + 6.25M USD1 in Rewards
George Town, British Virgin Islands, September 1st, 2026, Chainwire
Aster, the privacy-first onchain trading platform backed by YZi Labs, today announced the kickoff of USD1 RWA Boost: Phase 1 with World Liberty Financial (WLFI), featuring 125,000,000 $WLFI and 6,250,000 USD1 in rewards.
The campaign builds on AOS-2, Aster’s earlier expansion of its Aster Open Standards (AOS) framework from spot markets to perpetuals.
Leonard, CEO at Aster, said: “AOS-2 is turning Aster from a decentralized perp exchange into an open infrastructure layer where anyone can launch and operate their own perpetual markets on top of Aster Chain. The first USD1 RWA perpetuals show that model is already working.”
AOS-2: A Published Standard for Perpetual Listings
AOS-2 is Aster’s standardized, onchain framework for initiating perpetual market listings, enabling projects to propose new markets through a transparent and automated process.
Applicants stake 1 million $ASTER, locked for four years with no early exit, before the proposal goes to an onchain validator vote. If approved, Aster’s risk team configures the market and the perpetual can go live as early as T+1; if rejected, the stake is returned in full.
Listing access runs on published onchain rules, while leverage and other trading parameters stay under Aster’s risk controls, letting Aster bring new markets to traders faster without giving up risk management.
USD1 RWA Boost Phase 1: 125M $WLFI + 6.25M USD1 in Rewards
The campaign runs from August 31 through December 31, 2026, covering SPCX/USD1, CL/USD1, XAU/USD1, SNDK/USD1, SKHYNIX/USD1, and MU/USD1.
Users earn Trading Points through taker volume on eligible USD1 pairs, which determine their share of the USD1 reward pool, while Open Interest (OI) Points are earned by holding eligible positions and determine their share of the $WLFI reward pool. Traders using Single Asset Mode with USD1 as collateral receive a 2x boost on OI Points. Rewards are calculated across weekly epochs and distributed the following week.
“When real-world assets trade onchain, the settlement asset matters as much as the market itself. Perpetuals on gold, energy, and equities, all denominated in USD1, give traders one dollar instrument across every one of these markets, and that is what stablecoins were built to do. We are supporting these markets because this is where onchain market structure is heading, and Phase 1 is only the start,” said Zach Witkoff, Co-Founder and CEO at World Liberty Financial.
Building the Frontier of Onchain Trading
AOS-2 gives Aster a repeatable, onchain path for bringing new markets to the platform, and the first USD1 RWA perpetual listings show that path is already at work. Paired with the ecosystem support from Aster and WLFI, the launch turns a new listing framework into real trading activity from day one.
As more real-world and crypto-native assets move onchain, Aster aims to become a leading venue for bringing new asset markets onchain. The map gets bigger from here.
About Aster
Aster is a privacy-first onchain trading platform backed by YZi Labs, with unique features like Hidden Orders to protect user trading activity. It pioneers the frontier of on-chain trading through perpetual futures, spots, and earn products for top-trending assets, including RWAs, memes, and core crypto markets. It is powered by Aster Chain, a Layer 1 blockchain built to power the future of decentralized finance.
Users can learn more about Aster on the official website or follow Aster on X.
*Disclaimer: Eligible pairs, reward parameters, and campaign rules are subject to change during the campaign. Please refer to the official campaign page for the latest eligible pair list and campaign details. Trading cryptocurrencies and leveraged products involves significant risk and may result in the loss of capital. This announcement is for informational purposes only and does not constitute investment or financial advice.
Contact
Marketing Manager
Lola Chen
Aster DEX
lola.chen@asterdex.com
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Australia, 1st Sep 2026, Grand Newswire –
The Chrysalis BREW Project has announced the winners of the BREW Children’s Book Excellence Award 2026, recognising four children’s books across travel fiction, picture books, fantasy and bilingual literature.
The 2026 recipients are:
- Travel Fiction: Kiera & Lamby: Tokyo by Nicole O’Connor
- Children’s Picture Book: Bartholomew the Badger Listens Closely by Shanela Parvez
- Fantasy: Journey to Superhero School by Gracie Dix
- Bilingual Children’s Literature: Pablo by Mar Andersons
The selected books span different settings, genres and storytelling approaches while sharing an emphasis on imagination, discovery and experiences relevant to young readers.
In Kiera & Lamby: Tokyo, Nicole O’Connor takes young readers on an imaginative journey through Tokyo, incorporating elements of Japanese culture and travel.
Shanela Parvez’s Bartholomew the Badger Listens Closely centres on Lulu, a young hedgehog whose ability to notice what others overlook becomes important when her community faces an approaching storm.
Journey to Superhero School by Gracie Dix follows young siblings discovering their unusual abilities and learning to manage the challenges that come with them, combining fantasy and family-centred storytelling.
Mar Andersons’s Pablo receives recognition in the Bilingual Children’s Literature category for its focus on language, culture and connections between different communities through children’s storytelling.
More details about this announcement can be found at The Chrysalis BREW Project’s website.
About the BREW Children’s Book Excellence Award
The BREW Children’s Book Excellence Award is a literary recognition presented by The Chrysalis BREW Project to acknowledge notable children’s books across a range of genres and categories. The award considers the qualities that contribute to an engaging and meaningful reading experience for young audiences, including storytelling, creativity, presentation and relevance to children.
About The Chrysalis BREW Project
The Chrysalis BREW Project is an independent literary and arts platform that publishes book reviews, literary features, interviews and other creative work. Through its editorial and recognition programmes, BREW provides a space for writers, artists and creators to share their work and receive literary attention. The project also presents a range of international book, blog, and poetry awards recognising works across different genres and forms.
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The post BREW Children’s Book Excellence Award 2026 Winners Announced
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Aster and World Liberty Financial Launch USD1 RWA Boost: Phase 1, Offering 125M $WLFI + 6.25M USD1 in Rewards
SS Support Network Releases 2026 NEMT Back-Office Report and Launches Free Operations Audit for U.S. Providers
BREW Children’s Book Excellence Award 2026 Winners Announced
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