Gold Strike Announces Commencement of Drilling at Florin Gold Project, Yukon
(TSXV: GSR) Gold Strike Resources Corp. announces the commencement of drilling at its Florin Gold Project, Yukon, Canada. The current Florin Project pit-constrained inferred resource is 2.507 million oz, with a projected strike length of approximately 925 metres, within a broader 5,000 m gold-in-soil anomaly. The 2026 drill and exploration program comprises over 8,000 m of diamond drilling, with the initial 10 holes (~5,000 m) targeting the higher-grade, unconstrained southwestern portion of the deposit. The Florin Project consists of 500 quartz claims (~89km²) located in the Mayo and Dawson Mining Districts, Yukon, Canada. The mineral resource estimate was prepared by GeoSim Services Inc. (Ronald G. Simpson, P.Geo.) and David Kelsch, P.Geo., with an effective date of December 5, 2025. Gold Strike expects gold fire assay results within three weeks of delivery of the core samples to the analytical laboratory, with initial results from hole 1 anticipated in early August and expected to be released on a hole-by-hole basis. The company projects that the drill program will collect geotechnical data and metallurgical samples to support advancement toward a future pre-feasibility study.
Baker Hughes Secures Substantial Equipment and Services Awards for Cheniere’s Sabine Pass LNG Facility
(NASDAQ: BKR) Baker Hughes announced three substantial awards for Cheniere’s Sabine Pass LNG facility in Cameron Parish, Louisiana, comprising orders from Bechtel Energy Inc. (Bechtel) and Cheniere to supply liquefaction equipment for Train 7 and a boil-off gas re-liquefaction unit, as well as an award for fleet-wide gas turbine technology upgrades. The equipment orders for Phase 1 of the Sabine Pass expansion project include seven PGT25+ G4 gas turbines driving 15 centrifugal compressors, enabling approximately 6 million tons per annum (MTPA) of additional LNG production capacity. Baker Hughes will deliver upgrades across the entire fleet of installed aeroderivative PGT25+ G4 gas turbines at the Sabine Pass facility over a four-year period. These upgrades will help to increase the power output of the turbines to enhance LNG production capabilities, supporting the facility’s current approximate 30 MTPA capacity. The upgrades, together with Train 7 and the boil-off gas re-liquefaction unit, are expected to add over 6 MTPA of capacity at Sabine Pass. The awards were booked in the second quarter. Baker Hughes provides solutions to energy and industrial customers worldwide and conducts business in over 120 countries.