operational_update

El Segundo – November 05, 2026 -- Varda Space Industries recovered its W-8 capsule at the Koonibba Test Range at 5:58am Pacific after 35 days in orbit. At the time, the company was operating three vehicles on orbit at once, which Varda describes as a first for the orbital reentry industry.

Varda's El Segundo team runs three missions at once

W-8 launched on Oct. 1, 2026, together with W-9, the first time two commercial reentry vehicles were launched together. W-7 followed on Oct. 20. Varda's Mission Operations team in El Segundo managed all three missions at the same time, bringing one capsule home and keeping the other two on orbit.

Steve Layne, Chief Revenue Officer, described the effort as what high-cadence operations look like in practice.

SÃO PAULO – November 05, 2026 -- IMC Rare Earths (NYSE American: IMC) will begin diamond drilling at 29 Block D plateau locations in mid-November at its Itarantim project in Brazil. The program is meant to test mineralization below the 30-meter limit of its mechanical auger rigs and to extend roughly 5-10 meters into bedrock, subject to geology. In parallel, engineering consultancy WSP is running an in-situ recovery (ISR) field trial, with injection testing targeted for Q1 2027.

Diamond drilling targets thickest weathered layer on Block D plateau

The 29 holes are widely spaced and sited where the weathered rock and soil layer is interpreted to be thickest. Access work and drill pad construction are underway, and further drilling is planned.

Vancouver – November 04, 2026 -- SAGA Metals Corp. (TSXV: SAGA) has completed a four-hole, 1,010-metre HQ diamond drill program at Trapper North on its Radar Titanium-Vanadium-Iron Project near Cartwright, Labrador. The core is intended as feed for metallurgical test work and downstream pilot studies tied to PEA/PFS-level evaluation.

Four HQ holes drilled in October target about 500 m of semi-massive oxide core

Holes R-0096, R-0097, R-0100 and R-0101 were collared on sections N09, N10 and N11, in the part of Trapper North drilled on 100 m sections during the resource drilling. Three holes were drilled from existing MRE pads (those of R-0086, R-0087 and R-0092), and R-0100 from a new pad on section N10. R-0096, R-0097 and R-0100 were drilled at about -80° and R-0101 at -70°. All core was oriented.

Caracas – October 31, 2026 -- North American Blue Energy Partners (NABEP) will raise its in-country Venezuelan fleet to 41 of the 60 rigs it announced earlier this month, as production reached 223,509 barrels of oil equivalent per day on October 19, up from about 200,000 in August.

NABEP stages nine drilling rigs in Venezuela and ships four more

Three of the nine drilling rigs are active in the Junín 10 block of the Orinoco Belt, and three more will start there soon. The remaining three are being refurbished or moved into position. Four additional rigs are being shipped from Houston, Brazil and Colombia. The rigs will open new production from NABEP's heavy oil reserves and include H&P and NOV models from U.S. manufacturers.

Corpus Christi, Texas – October 29, 2026 -- Two tankers carrying 1 million barrels of Venezuelan crude produced by North American Blue Energy Partners (NABEP) have arrived in Corpus Christi, the first shipment since the company's deal with the U.S. government.

U.S. government buys 20% of NABEP output at cost under August agreement

The cargo falls under the U.S. right to purchase 20% of NABEP's production at cost, with no markup. The right is part of NABEP's August agreement with the U.S. Departments of State and War. The government also received a 35% equity stake in NABEP's parent company. According to the company, the U.S. secured both at no cost to American taxpayers.

President Donald J. Trump and Secretary of State Marco Rubio visited the Port of Corpus Christi on Tuesday to see one of the tankers.

BENGALURU – October 29, 2026 -- Zetwerk Manufacturing Businesses Ltd. says it can deliver power transformers in the US within 12 to 15 months, against industry averages of 36 to 42 months, after completing the installation of a Zetwerk-manufactured unit in North Carolina with its US subsidiary Unimacts.

Energy revenue rises 86.90% to ₹6,507.57 crore

Zetwerk's Energy vertical generated ₹6,507.57 crore (₹65,075.72 million) in FY26, up 86.90% year on year. It contributed 69.42% of the company's Manufacturing revenue. In FY2026 the company received power transformer orders worth ₹2,032.25 crore (₹20,322.52 million).

CARACAS – October 28, 2026 -- North American Blue Energy Partners (NABEP) lifted output in Venezuela's Petrozamora oil fields to a record 115,000 barrels per day on Oct. 23, as U.S. State Department officials toured its western and eastern operations to check progress under the company's August agreement with Washington.

State Department officials inspect Lake Maracaibo and Orinoco Belt assets

Chargé d'Affaires John M. Barrett and Daniel Kennedy, Deputy Assistant Secretary of State for Energy and Critical Minerals, visited NABEP sites on Oct. 23 and 24. Kennedy joined NABEP CEO Alejandro Betancourt and PDVSA leadership at the Bachaquero field on Lake Maracaibo, where the group inspected the Bachaquero Lago 2 compression module. Barrett followed that visit from Miraflores Palace in Caracas.

Vancouver – October 21, 2026 -- Nevada Organic Phosphate Inc. (CSE: NOP) reported that drill hole MM26-12 intersected 37.4 metres (94.2 feet) of the target Meade Peak Member, extending the confirmed strike of the target zone to more than 3.5 kilometres (2.2 miles).

MM26-12 sits 200 metres southwest of MM26-11 along trend

The hole lies roughly 200 metres (656 feet) further southwest along trend from MM26-11. It is the company's western-most hole drilled to date. Core logging noted oolitic zones typical of the Upper Phosphate Zone.

The company has not yet confirmed the true thickness or phosphate content of the Upper Phosphatic Zone. Both depend on assay results, which are pending. The 37.4-metre figure is an intersection length, not a grade or resource estimate.

Vancouver – October 19, 2026 -- Lode Gold Resources Inc. (TSXV: LOD) has completed six holes of its expanded 20-hole campaign at the Fremont Gold Mine in Mariposa County, California, and has lifted total planned drilling to 4,200 meters (13,780 feet) with ten additional holes.

First two holes already at the laboratory, assays pending

Samples from the first two holes have been submitted for analysis, and the company is awaiting assay results. Sample preparation and submission for the remaining holes will continue as drilling progresses. Lode Gold said it will report results once they have been received, reviewed and validated.

Six completed holes make up half of the 12-hole metallurgical program

The holes, designated PT-J_001 through PT-J_006, have planned target depths of roughly 105 to 171 meters (344 to 562 feet). They were designed with an azimuth of 240° and a dip of -75°.

Bogotá – October 16, 2026 -- NG Energy International Corp. expects total gross production at its Maria Conchita block in Colombia to rise to 23.0 MMcf/d from 16.0 MMcf/d after the Aruchara-6 well tested at up to 8.7 MMcf/d gross and entered production.

Aruchara-6 flows at 8.7 MMcf/d gross through the central processing facility

The well was drilled to a total depth of 9,352 feet and hit the H1 target as designed. It also passed through the H2, H3, H4, H5 and H6 zones, all of which showed gas at surface and on wireline logs. During initial flow testing through the central processing facility (CPF), Aruchara-6 produced up to 8.7 MMcf/d gross (6.96 MMcf/d net) on a 30/64 choke at an average tubing head pressure of 780 psi.