Linyi City, China, 18th Sep 2026 – From September 15 to 18, 2026, bauma CONEXPO INDIA 2026, the largest and most influential construction machinery event in South Asia, was grandly held at the India Expo Centre, Delhi. Under the theme “Leading The Shift,” SDLG made a stunning appearance at Booth B31, Hall 16, with a full-scenario product matrix of 12 models deeply customized for the Indian market. This marks not only SDLG’s first independent exhibition after launching standalone brand operations in India, but also a milestone moment as the company steps into a brand-new development stage after 19 years of deep cultivation in the Indian market.

Industry Leaders Gather to Discuss a New Globalization Landscape

Su Zimeng, President of the China Construction Machinery Association, and Wu Peiguo, Vice President and Secretary-General, were invited to participate in SDLG’s exhibition series events. President Su Zimeng attended SDLG’s opening ceremony and new product launch on the exhibition’s opening day and delivered a speech.

On behalf of the China Construction Machinery Association, President Su Zimeng extended warm congratulations to SDLG on its successful participation in the exhibition. He noted that the global construction machinery market is undergoing profound structural adjustments, with green and intelligent technologies having become irreversible mainstream trends. Deepening global layout and advancing localized operations have become critical pathways for companies to build international competitiveness and achieve high-quality development. He highly praised leading Chinese enterprises represented by SDLG, which are steadily advancing the upgrade from “product export” to “system export,” demonstrating a long-term, value-focused strategic commitment and earning international recognition for Chinese construction machinery brands. He expressed his expectation that SDLG will continue to uphold its spirit of openness and collaboration, working with global partners to build a mutually beneficial and sustainable industrial ecosystem.

General Manager’s Speech: Deepening the Indian Market, Building a Green and Intelligent Future Together

Wen Degang, General Manager of SDLG, delivered a speech at the exhibition site, extending a warm welcome and heartfelt gratitude to all guests, partners, and media friends present. He stated that after more than 50 years of development, SDLG’s products are now sold to over 140 countries and regions worldwide, and the company is currently the only enterprise in China’s construction machinery industry to have received the “EFQM Global Award.” With electrification and internationalization becoming new industry trends, SDLG offers new energy solutions covering all technical routes including pure electric, battery swapping, and various forms of hybrid, while continuously advancing its global layout and localized operations.

Wen Degang emphasized that India is a key pillar of SDLG’s internationalization strategy. The company is firmly advancing localized development and, leveraging its 12 established local channels and machine and parts warehouse, has achieved full coverage of its sales and service network across India. The India factory has also been completed, which will truly bring India-manufactured SDLG wheel loaders to Indian customers. In the future, SDLG will continue to work hand in hand with its partners to integrate outstanding products and services into India’s high-quality economic and social development, jointly writing a new chapter of mutual benefit and win-win cooperation.

12 Products Make a Grand Debut, Full-Scenario Matrix Covering Diverse Working Conditions

At this exhibition, SDLG brought 12 products tailored for Indian customers, fully covering three core segments: earthmoving machinery, mining equipment, and electrified equipment. All exhibits strictly comply with Indian regulations and noise limit standards, featuring low fuel consumption, easy maintenance, and high reliability, fully adapting to all scenarios in India including municipal infrastructure, mining, precision operations, and green construction.

Among them, the electrified series includes 23-tonne pure electric excavators and multiple electric wheel loaders, precisely aligning with India’s green infrastructure trend; the heavy-duty mining matrix brings together large excavators, large wheel loaders, and motor graders to provide one-stop integrated solutions; the general construction machinery range covers multiple excavators from mini size to 35-tonne class, meeting all-level working condition demands from precision operations to large-scale infrastructure.

At the exhibition site, SDLG launched three models exclusively for the Indian market: the electrification benchmark E6225HEV, designed for green construction scenarios with a high-capacity battery supporting long-hour operation and fast charging; the infrastructure workhorse E6210Hi, equipped with a pilot variable hydraulic system balancing high efficiency and fuel economy; and the heavy-duty mining tool E6505H, deeply customized for working conditions such as operations paired with large mining trucks and hard rock stripping, featuring strong power and outstanding durability.

Appreciation Dinner and Dealer Awarding Ceremony Successfully Held, with Continuous On-Site Equipment Handovers and Popular Interactive Activities

During the exhibition, SDLG grandly hosted an appreciation dinner and concurrently held a dealer awarding ceremony, officially awarding outstanding dealers. This marks a solid step forward in the construction of SDLG’s channel system in the Indian market. The on-site atmosphere was warm, further deepening mutual trust and cooperation with Indian partners.

Meanwhile, the booth was always bustling with visitors, with continuous on-site equipment handovers. Multiple batches of customers completed equipment orders on site, with intended orders reaching hundreds of units, fully demonstrating the Indian market’s high recognition of SDLG’s products and brand. Cultural performances with authentic Indian local flair and multiple rounds of interactive activities attracted a large number of customers to stop by and participate, creating a warm atmosphere that further brought SDLG closer to its Indian customers and partners.

19 Years of Deep Cultivation, Stepping into a New Phase of Full Independent Operations

SDLG has cultivated the Indian market for 19 years, earning widespread trust with reliable quality and comprehensive service. In 2026, SDLG officially launched independent operations for its sales and service business in India, with full standalone operations scheduled for 2027. Meanwhile, SDLG’s India CKD plant is scheduled to officially commence production in Q4 2026, which will further enhance local manufacturing capacity and provide Indian customers with more efficient and timely delivery and service support.

From the first batch of products entering India in 2007 to the launch of independent operations and local manufacturing in 2026, every step SDLG has taken in the Indian market has been solid and steady. In the future, leveraging the operational system of SDLG India, SDLG will provide all partners with more competitive products, more timely parts supply, and more professional service support, working together to seize new opportunities in India’s market development and share in a new future of green and intelligent industry.

Media Contact

Organization: Shandong Lingong Construction Machinery Co., Ltd. (SDLG)

Contact Person: Jin Zhang

Website: https://www.sdlg.com/

Email:
jin.zhang@sdlg.com

City: Linyi City

Country: China

Release id: 49227

The post SDLG Shines at bauma CONEXPO INDIA 2026, Opening a New Chapter in the Indian Market with Leading The Shift 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

Novarex Capital Partners has completed its second financing round, generating 16 million pounds at a stated return of 20 percent, with a further round planned at 16.5 percent.

London, United Kingdom, 18th Sep 2026 – Novarex Capital Partners has announced the completion of its second financing round, marking a further stage in the company’s structured capital programme. The round generated 16 million pounds and was completed on terms providing a stated return of 20 percent.

The completion follows the company’s initial five-million-pound funding round, which established the first stage of its capital programme. With the second round now closed, total funding generated across the two completed rounds stands at 21 million pounds.

The capital programme supports the working capital requirements of an SRA-regulated law firm engaged in the preparation of eligible claims. The underlying firm operates in accordance with applicable SRA standards and maintains professional indemnity insurance.

The second financing round represents a substantive expansion of the funding activity previously announced by Novarex Capital Partners. The progression from the initial five-million-pound round to a 16-million-pound second round reflects the continued development of the company’s funding programme and its stated corporate objectives.

The company has also confirmed that a further financing round is planned. The next round is expected to be structured around a stated return of 16.5 percent. Further details concerning the timing, structure and other terms of that round have not been released.

Novarex Capital Partners is maintaining a sequential approach to its financing activity, with each completed round forming part of a broader capital programme. The company has stated that the programme is being advanced in accordance with its operational requirements and the activities supported by the underlying regulated legal firm.

The underlying legal operation focuses on eligible claims that meet established criteria and maintains a pipeline of contracted work. Client money handling and case processes are conducted within the applicable regulatory framework.

The second-round completion therefore constitutes a further corporate milestone for Novarex Capital Partners. The 16-million-pound financing represents a material increase in the capital generated during the initial stage of the programme, while the planned subsequent round provides the next phase of the company’s stated funding activity.

The company has not released additional information regarding the identities of financing participants or the detailed contractual structure of the completed round. No further terms concerning the forthcoming round are being disclosed at this stage.

Novarex Capital Partners is a London-based specialist introduction platform focused on private credit, litigation finance and structured capital. The company identifies and introduces private-market opportunities to sophisticated investors and operates within a framework centred on structured access, defined transaction parameters and long-term capital relationships.

The completion of the second financing round records the latest stage in Novarex Capital Partners’ capital programme. With 16 million pounds generated in the second round and a further round planned, the company is continuing to progress its financing activities in support of its stated corporate objectives.

Novarex Capital Partners is a London based, specialist introduction platform focused on private credit, litigation finance, and structured capital. We identify and introduce non-market-correlated opportunities to sophisticated investors seeking curated access to private markets. Our approach is grounded in clarity, control, and alignment with long-term investors seeking resilient performance across cycles.

Media Contact

Organization: Novarex Capital Partners

Contact Person: Jane Claude

Website: https://novarexcapital.com/

Email:
welcome@novarexcapital.com

Contact Number: +442045773888

Address: International House, 142 Cromwell Road, London, England, SW7 4EF

City: London

Country: United Kingdom

Release id: 49228

The post Novarex Capital Partners Closes Second Financing Round With 16 Million Pounds Raised 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

Carmel, IN 46032, United States, 18th Sep 2026 – XTJ CNC, a CNC machining service provider, has announced details of its small-batch CNC machining services for prototype and low-volume production. The announcement explains how the company supports buyers who need a limited quantity of machined parts rather than a full production run.

XTJ CNC offers precision milling, turning, and rapid prototyping for metal and plastic components, serving industries including aerospace, automotive, and electronics. The company’s small-batch CNC machining service is intended for buyers developing a new product, testing a design change, or ordering replacement parts in quantities too small to justify tooling for mass production.

Small-batch CNC machining differs from high-volume production in that each part is typically cut individually from stock material rather than produced using dedicated tooling built for a single design. XTJ CNC’s process for small-batch orders includes reviewing the buyer’s drawing, selecting appropriate tooling and fixturing, and running dimensional inspection on finished parts to confirm they meet the specified tolerances. The company said small-batch orders can move through production more quickly than large production runs, since they do not require the setup associated with dedicated tooling or fixtures built for volume manufacturing.

Buyers commonly use small-batch CNC machining for functional prototypes, bridge production while injection molding tooling is being built, or ongoing low-volume parts that never justify a move to mass production. XTJ CNC’s small-batch service covers both metal and plastic materials, allowing a buyer to prototype in one material and later move to a different material for full production if needed.

“Small-batch CNC machining work from China is often the first step for a company validating a design before committing to a larger order,” said Hafiz Pan, Director of Operations at XTJ CNC. “The company works with buyers to confirm material, tolerance, and finish requirements upfront, since a prototype order still needs to perform the same as a part from a production run.”

XTJ CNC’s small-batch machining service is offered without a minimum order requirement, allowing buyers to source a single prototype part or a small production run from the same manufacturing operation. The company said lead times for small-batch orders are generally shorter than for high-volume tooled production, since no dedicated tooling needs to be built before machining begins. This service sits alongside XTJ CNC’s broader CNC machining capabilities, including precision milling, turning, and rapid prototyping for metal and plastic components used across aerospace, automotive, and electronics applications. Buyers typically submit a drawing and desired quantity through the company’s quoting process, after which XTJ CNC returns a quote covering material, machining, and estimated lead time before production is scheduled.

“Looking ahead, the plan is to keep supporting buyers who need small-batch CNC machining from China for prototype and low-volume orders,” Pan said. “XTJ CNC expects continued demand from buyers who want to validate a design or produce a limited run before moving to larger-scale production.”

XTJ CNC is a CNC machining service provider offering precision milling, turning, and rapid prototyping for metal and plastic components, serving the aerospace, automotive, and electronics industries. The company’s manufacturing operations support buyers with custom parts, fast turnaround times, and no minimum order requirements. The announcement regarding its small-batch CNC machining services reflects the company’s ongoing work supplying machined components for prototype and low-volume production needs.

For additional information about China small batch cnc machining and related industry developments, contact XTJ CNC at 506 S Rangeline Rd, Carmel, IN 46032, USA. Inquiries regarding the company’s products, services, and manufacturing capabilities can be directed to +1 218 527 7419 or by email at hafiz@cncpartsxtj.com.

Media Contact

Organization: XTJ CNC

Contact Person: Hafiz Pan

Website: http://xtjcnc.com/

Email: Send Email

Contact Number: +12185277419

Address: 506 S Rangeline Rd

City: Carmel

State: IN 46032

Country: United States

Release id: 49248

The post XTJ CNC Explains Small-Batch CNC Machining Services for Prototype and Low-Volume Production 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

Carmel, IN 46032, United States, 18th Sep 2026 – XTJ CNC, a trusted CNC machining service provider, has announced details of its China-based CNC aluminium alloy turning services for overseas buyers. The announcement outlines how the company supports buyers outside China who source turned aluminium components from its manufacturing operations.

XTJ CNC offers precision milling, turning, and rapid prototyping for metal and plastic components, serving industries including aerospace, automotive, and electronics. The company’s aluminium alloy turning service is produced through its China-based manufacturing operations and made available to buyers in other countries sourcing turned aluminium parts for their own production or assembly needs.

CNC turning of aluminium alloy is used to produce cylindrical and rotationally symmetric parts such as shafts, bushings, fittings, and fasteners, where dimensional accuracy and surface finish are specified by the buyer’s drawing. XTJ CNC’s turning process for aluminium alloy includes material selection, tooling setup, and inspection steps intended to verify that finished parts meet the tolerances and finish requirements provided by the client. The company said different aluminium alloys are selected based on the mechanical properties, machinability, and corrosion resistance a buyer’s application requires.

Common aluminium alloys turned by XTJ CNC include 6061, 7075, and 2024, each suited to different combinations of strength, weight, and machinability depending on the part’s intended use. Surface finishing options such as anodizing and bead blasting are available as a follow-on step after turning, depending on whether a buyer’s application requires additional corrosion resistance or a specific cosmetic finish. The company said drawings and specifications are typically reviewed with the buyer before production begins, so that alloy grade, finish, and tolerance requirements are confirmed ahead of the turning process.

“Overseas buyers sourcing turned aluminium parts from China are usually looking for consistent tolerances and a manufacturer that can communicate clearly across time zones,” said Hafiz Pan, Director of Operations at XTJ CNC. “The company works with buyers on drawing review, material selection, and production scheduling before parts move into turning.”

XTJ CNC’s aluminium turning service is offered without a minimum order requirement, allowing buyers to source prototype quantities as well as larger production runs from the same manufacturing operation. The company said turnaround times for turned aluminium parts vary based on part complexity and order quantity, and are communicated to the buyer during the quoting process. This service sits alongside XTJ CNC’s broader CNC machining capabilities, including precision milling and rapid prototyping for both metal and plastic components used across aerospace, automotive, and electronics applications. Buyers typically submit a drawing and quantity through the company’s quoting process, after which XTJ CNC returns a quote covering material, machining, finishing, and estimated lead time before production is scheduled.

“The plan going forward is to keep supporting overseas buyers sourcing aluminium turning work from China by making the ordering and communication process straightforward,” Pan said. “XTJ CNC expects continued interest from buyers looking for a China-based manufacturing partner for turned aluminium components.”

XTJ CNC is a CNC machining service provider offering precision milling, turning, and rapid prototyping for metal and plastic components, serving the aerospace, automotive, and electronics industries. The company’s China-based manufacturing operations support overseas buyers with custom parts, fast turnaround times, and no minimum order requirements. The announcement regarding its CNC aluminium alloy turning services reflects the company’s ongoing work supplying machined components to buyers outside China.

For additional information about China cnc aluminium alloy turning service and related industry developments, contact XTJ CNC at 506 S Rangeline Rd, Carmel, IN 46032, USA. Inquiries regarding the company’s products, services, and manufacturing capabilities can be directed to +1 218 527 7419 or by email at hafiz@cncpartsxtj.com.

Media Contact

Organization: XTJ CNC

Contact Person: Hafiz Pan

Website: http://xtjcnc.com/

Email: Send Email

Contact Number: +12185277419

Address: 506 S Rangeline Rd

City: Carmel

State: IN 46032

Country: United States

Release id: 49247

The post XTJ CNC Highlights China-Based CNC Aluminium Alloy Turning Services for Overseas Buyers 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

Patent milestone highlights a decade-long journey from early product ideas to the development of a patented adult compression garment

United States, 18th Sep 2026 — Inventor, author, and entrepreneur Brett Boles-Murphy has received her first utility patent for a functional compression garment, marking a significant milestone in a product-development journey that began with an effort to solve a practical clothing challenge involving her daughter.

The patent, granted in October 2025 after approximately five years of examination, represents years of product development, prototyping, testing, iteration, and refinement. For Boles-Murphy, the milestone also reflects a broader career focused on turning ideas into tangible products and services.

From Early Ideas to Invention

Boles-Murphy’s interest in creating and developing new ideas began during childhood. She spent time writing stories and poems, recording original songs, and developing ideas intended to make everyday life easier for others.

Her younger brother, Alan, was among her earliest collaborators. The two spent time developing ideas and experimenting with limited resources, an experience that helped establish Boles-Murphy’s interest in creating and testing new concepts.

Her professional path initially took her through finance, accounting, and project management before she returned more directly to invention and product development. Her legal education and experience managing projects and teams also became part of the foundation she later used to navigate the product-development and patent process.

A Practical Problem Became a Product Development Opportunity

In 2015, Boles-Murphy formally began developing her career as an inventor and author. One of her early projects emerged from a practical problem she observed with her daughter, who struggled to use the restroom while wearing a traditional children’s leotard.

Boles-Murphy developed a children’s leotard intended to address that challenge. Although the garment was not granted a patent, the development process provided experience that informed her subsequent work on an adult compression garment.

The lessons learned through developing and refining the children’s garment contributed to her approach to subsequent product iterations, including the compression garment that ultimately became the subject of her first utility patent.

Years of Prototyping and Testing

Boles-Murphy later developed a functional compression garment known as The Bawdy Filter®. During the product-development process, she created and evaluated multiple prototypes.

Between 2019 and 2020, she spent approximately 300 days wearing prototypes as part of her product-testing process. The testing enabled her to evaluate factors including fit, construction, durability, comfort, and wearability while continuing to refine the design.

The development process extended over several years as Boles-Murphy continued working on inventions and other products while also serving in corporate roles.

Building a Career Around Product Development

Throughout her career, Boles-Murphy has worked with creatives, entrepreneurs, and business owners on projects involving apparel, books, food products, intellectual property, experiences, and other concepts.

Her experience has reinforced the importance of testing, iteration, problem-solving, and persistence when developing an idea into a tangible product.

The October 2025 patent grant represents the culmination of one of those development efforts and provides a tangible milestone in her continuing work as an inventor.

A Milestone Beyond the Patent

For Boles-Murphy, receiving the patent represents more than protection for a single product. It marks the outcome of years spent developing ideas, evaluating prototypes, addressing practical problems, and navigating the uncertainty associated with bringing new concepts into reality.

Her experience also illustrates one of the less visible aspects of invention: product development can involve extended periods of experimentation before an idea reaches a meaningful milestone.

Boles-Murphy continues to advocate for creative problem-solving and continuous improvement, drawing on her experience in law, program management, entrepreneurship, and product development.

Her journey from childhood experimentation to a granted utility patent demonstrates how an initial idea can evolve through testing, refinement, and persistence into a tangible invention.

About SOW Business LLC

SOW Business LLC is a U.S.-based business focused on supporting entrepreneurship, product development, and innovative ideas. The company is associated with inventor and entrepreneur Brett L. Murphy and her work in developing products, intellectual property, and business concepts.

Media Contact

Organization: SOW Business LLC

Contact Person: Brett L. Murphy

Website: http://sowbusiness.com

Email: Send Email

Country: United States

Release id: 49242

The post Inventor Brett Boles-Murphy Receives Utility Patent After Years Of Product Development And Testing 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

Crossroads Gold is developing multiple gold projects in southeastern Australia, a metal-rich Tier-1 mining jurisdiction.

Canada, 18th Sep 2026 – Global Stocks News – Sponsored content disseminated on behalf of Crossroads Gold. On September 3, 2026, Crossroads Gold (TSXV: CRG) (OTCQB: CRGCF) (FSE: FI1) announced high-grade gold-in-soil assay results from its ongoing 2026 exploration program at the Pambula Gold Project in southeastern New South Wales, Australia.

Crossroads Gold is developing multiple gold projects in southeastern Australia, a metal-rich Tier-1 mining jurisdiction. CRG’s portfolio includes the Pambula Gold Project, the Pheasant Creek Project, the Steiglitz Gold Project and the Club Terrace Project.

The current exploration program focuses on defining priority drill targets at Pambula by integrating historic production data, LiDAR interpretation, soil geochemistry and field mapping across the broader goldfield.

In July 2026, Crossroads reported that its LiDAR interpretation had identified 122 adits, 115 shafts, 981 shallow prospecting pits and 708 interpreted trenches across the Pambula Goldfield.

“LiDAR is a laser-scanning process that detects subtle variations in the topographic surface, allowing us to identify the locations of old workings, pits and shafts,” Rex Motton, CEO & Director of Crossroads, told Guy Bennett, CEO of Global Stocks News (GSN). “LiDAR clearly shows where the old prospectors were working and the scale of their endeavours.”

“As we integrate geochemical results with the extensive historic workings identified by LiDAR, we are developing a more detailed picture of the Pambula Goldfield,” added Motton.

“That work is helping us focus our exploration efforts and prioritize what we believe are compelling targets ahead of our maiden and future drilling programs. Importantly, this sampling is generating substantially more drill targets than were contemplated in the original drill program.”

“We now have multiple high-grade gold-in-soil assays up to 24.6 g/t Au, along with numerous spatially associated anomalous (>0.1 g/t Au) samples across several areas of the historic goldfield,” stated Motton. “For us, the significance lies not only in the individual headline grades but also in the emerging distribution and consistency of the gold anomalism.”

Above: Gold in Soil Assay results >0.25 g/t Au for the Pambula Goldfield

Apart from the Pilot Fissure Zone, established from previous gold production and drilling, the strongest results continue to occur at the historic Hidden Treasure Zone and the newly identified Hidden Treasure North Zone, including assays of 24.6 g/t Au, 21.8 g/t Au, 11.5 g/t Au, 8.4 g/t Au and 6.64 g/t Au.

The Hidden Treasure zone has never been drilled, and it strikes almost parallel to the Pilot Fissure where previous drilling was focused.

“Most of the known mining at Hidden Treasure consists of adits and small shafts,” Motton told GSN. “There are no known deep workings, but we do have some old underground rock-chip assays from the adit that show widespread gold mineralization. Hidden Treasure is at the base of a hill spur and above a creek. We intend to drill it from the Pilot Fissure drill sites, working from west to east.”

“We conducted routine sampling along traverses across the zone at Hidden Treasure and were surprised by the high assay results from these early samples, so we collected additional samples and continued to obtain high numbers. This zone is the largest Au-As-Pb soil anomaly in the whole goldfield and has some of the highest gold grades.”

“Because Hidden Treasure strikes parallel to the Pilot Fault, it represents a distinct mineralized target zone. The projected convergence of the two zones at depth is particularly encouraging, as this type of structural setting can produce wider veins and higher-grade gold mineralization. A 1970 report proposed drilling this convergence, and our recent work is reinforcing its potential as a strong exploration target.”

Above: Updated Gold in Soil Sampling of the Pambula Goldfield 

The initial soil program is now complete at the historic Pambula Goldfield and the Back Creek Pyrophyllite prospect, with 1,390 soil samples collected. To date, 612 gold assays have been received, with a further 114 samples currently being assayed for gold and 664 samples being processed in preparation for X-Ray Fluorescence (XRF) analyses and gold assaying. 

“The geological similarities between Pambula and the high-grade gold deposits of Mt Coolon and Vera–Nancy found in Queensland reinforce our view that Pambula has the hallmarks of a significant low-sulphidation epithermal gold system. With comparable volcanic host rocks, alteration style and structural controls, we believe Pambula offers strong potential for concealed high-grade vein discoveries.”

“At Pambula, our objective is to systematically test the high-grade gold targets being developed across the historic goldfield, using modern exploration methods and drilling to assess the scale, continuity and potential significance of the mineralization,” concluded Motton.

The scientific and technical information in this news release was reviewed and approved by Mr. Neil (Rex) Motton, who is a “Qualified Person” as defined in National Instrument (“NI”) 43-101 – Standards of Disclosure for Mineral Projects. Mr. Motton is the CEO and a Director of the Company and, accordingly, is not considered independent of the Company under NI 43-101. Mr. Motton has visited the Pambula Gold Project discussed in this disclosure.

Disclaimer: Crossroads Gold paid GSN $1,750 for the research, creation and dissemination of this content. 

Contact: guy.bennett@globalstocksnews.com

Full Disclaimer: Global Stocks News (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 makes no recommendation to purchase any individual stock. There may be 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.

Media Contact

Organization: Global Stocks News

Contact Person: guy.bennett@globalstocksnews.com

Website: https://www.globalstocksnews.com

Email: Send Email

Country: Canada

Release id: 49052

The post Crossroads Gold Reports High-Grade Gold-in-Soil Results of up to 24.6 g/t Gold at Pambula in Australia 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

Using the 2019 PEA base case Freight on Board (FOB) price of US$82/tonne, the Hopes Advance base-case study projects a post-tax NPV8 of US$1.4 billion.

Canada, 18th Sep 2026 – Global Stocks News – Sponsored content disseminated on behalf of Oceanic Iron Ore. On September 16, 2026, Oceanic Iron Ore (TSXV: FEO) issued a message to shareholders entitled “Overview of our Ungava Bay Assets”.

Oceanic is focused on the development of its 100% owned Hopes Advance, Morgan Lake and Roberts Lake iron ore projects located on the coast, in the Labrador Trough in Québec, Canada.

The flagship Hopes Advance Project has a NI 43-101 Measured & Indicated resource of about 1.36 billion tonnes at a head grade of 32.1% Fe. The project is located at tidewater. The PEA highlights that Oceanic will not require a railroad to get its iron ore to market, significantly reducing capital expenses and operating costs.  

Overview of our Ungava Bay Assets
Chris Batalha
CEO of Oceanic Iron Ore

Oceanic Iron Ore is developing three iron ore properties in Ungava Bay, Nunavik, Northern Québec. Our lead asset is Hopes Advance. The other two are Roberts Lake & Morgan Lake. All three assets are in the Labrador Trough, one of the most productive iron ore belts in the world. 

Ungava Bay is at 62°N latitude, the same distance from the equator as Anchorage, Alaska.  In June, the sun sets around midnight. In the dead of winter, we get five hours of daylight. The bay is 260 km wide at the mouth. Seasonal commercial activities include halibut fishing, Inuit seafood harvesting, eco-tourism and mineral exploration.

Our three properties comprise 3,703 mineral claims across a total land package of 1,568 km². The projects span 300 kilometres of iron formation near tidewater. Ungava Bay is part of a Tier 1 mining jurisdiction: politically stable, well-regulated, and with a long history of mineral development.

Roberts Lake & Morgan Lake have defined historical resources that are not included in the current PEA economics. In the context of a multi-generational iron ore mine complex, they are important assets, but we are now focused on Hopes Advance, a premier high-quality, low-cost iron ore project with robust economics.

Using the 2019 PEA base case Freight on Board (FOB) price of US$82/tonne, the Hopes Advance base-case study projects a post-tax NPV8 of US$1.4 billion. NPV is a financial metric used to assess an investment’s profitability by comparing the initial investment to projected future cash flows. The “8” in NPV8 indicates that we have applied an 8% annual discount rate to future post-tax cash flows. It reflects that a dollar today is worth more than a dollar in the future because today’s dollar can be reinvested. The project has an Internal Rate of Return (IRR) of 17%.

At the current consensus long-term FOB price assumption of US$101/tonne, the Hopes Advance project has a post-tax NPV8 of US$2.3 billion and an IRR of 22%. 

The study projects Life of Mine (LOM) operating costs of US$30/tonne. We are close to tidewater, so we do not need rail infrastructure. That means we will not be dependent on 3rd-party-owned infrastructure, such as energy and ports. We would like to connect to the Hydro-Québec grid in time.

There is potential for a life-of-mine extension well beyond 28 years. The metallurgy demonstrates high weight and iron recoveries. Bench-scale and pilot plant testing indicate a high-quality product with 4.5% silica, low levels of other impurities, and a 66.6% iron grade.

Hopes Advance is 100% owned by Oceanic, with no offtake in place. We have signed letters of intent with the Québec government and the Inuit Community. I have confidence that the Hopes Advance project will appeal to a variety of strategic partners

In the next message, I will talk about the global demand drivers for iron ore.

By Chris Batalha
CEO of Oceanic Iron Ore

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