James Pearson

Latitude 66 has signed a deal to sell its 17.5 per cent interest in the Greater Duchess copper-gold joint venture in Queensland for $2 million upfront. The agreement includes a potential $4 million bonus if the entire JV is sold within 90 days. The move unlocks non-dilutive cash and aligns with the company’s strategy to monetise non-core Australian assets while focusing on projects in WA and Finland.

Dateline Resources has completed a detailed geophysical survey at its Colosseum project in California, revealing signatures strikingly similar to the nearby famed Mountain Pass rare earths deposit. With early assay results showing rare earths anomalies and a 3D model on the way, the company is eyeing a potential major discovery, underpinned by its “stacked evidence” strategy to target carbonatite intrusions and gold-rich breccia pipes.

Estrella Resources has pulled in a hefty $5 million from a strategic investor who exercised a second option to buy 136.76 million shares at 3.65 cents per share and at a 500 per cent premium to the first conversion in September. The cash boost will be used to fund drilling exploration on the company’s manganese and limestone prospects in Timor-Leste, where Estrella recently made some exciting discoveries.

Aurumin Limited and Brightstar Resources are in merger talks to combine their Sandstone assets into a consolidated 2.4-million-ounce gold project. The proposed scrip deal would give Aurumin shareholders Brightstar equity and is aimed at de-risking and fast-tracking development. While still subject to due diligence, the move could establish one of WA’s most significant near-term gold projects in the Goldfields.

Larvotto Resources has secured formal NSW government approval for its Hillgrove Mod 6 application, clearing the path for mining and processing at its gold-antimony project. The green light allows the company to press forward with final financing, infrastructure upgrades and a planned production start in 2026. The approval also supports key environmental initiatives, including the shift to dry-stacked tailings for more sustainable operations.

Beetaloo Energy has secured crucial consent from Traditional Owners to sell appraisal gas from its Carpentaria gas project in the Northern Territory. The decision followed an on-country meeting organised by the Northern Land Council and paves the way for further development. The company says the agreement has highlighted its commitment to Indigenous partnerships and enables local communities to share in the region’s growing economic opportunities.

Horizon Minerals has kicked off a 30,000m drilling campaign at its Burbanks gold project in WA’s Goldfields. The campaign aims to upgrade confidence in the resource and expand high-grade zones to feed the company’s refurbished Black Swan processing plant. With early hits of up to 45.4g/t gold and historic grades averaging 22.7g/t, Burbanks is shaping as a cornerstone for Horizon’s standalone gold producer strategy.

Dateline Resources boss Stephen Baghdadi has put his money where his mouth is by injecting $1.06 million into the ASX-listed explorer after exercising more than 53 million options. The move has lifted his stake to nearly 13 per cent and gives the company’s flagship Colosseum gold-rare earths project in California a major confidence boost as mining studies and rare earths exploration ramp up.

The moment of truth is close for Great Southern Mining and Gold Fields Ltd, with the JV partners getting near to drilling a 2.4-km-wide porphyry anomaly in Queensland, unearthed by an IP geophysical survey that appears to scream “drill here”. The duo believe they may be onto a “chargeability anomaly” laden with sulphides housing a significant gold-copper deposit and will need the rods to start turning to prove up that theory.

Estrella Resources has struck 7.76m of manganese oxide just below surface at its Ira Miri project in Timor-Leste. The intercept confirms the company’s geological model and follows a successful site visit attended by East Timor’s Prime Minister. With drilling ramping up and assays pending, Estrella is accelerating exploration in the region, supported by enthusiastic community and government backing.

Dateline Resources has kicked off a major geophysical and geochemical survey blitz at its US Colosseum gold-rare earths project aimed at unlocking a dual gold and rare earths play from one of America’s most prospective geological corridors. A high-tech magnetotelluric study has been rolled out to collect detailed imaging data beneath the surface using fluctuations in the earth’s natural electrical and magnetic fields generated from solar winds and lightning to detect buried breccia pipes.

The takeover battle for ASX and Toronto-listed Xanadu Mines has intensified after Chinese giant Zijin Mining, a 15.7 per cent shareholder and JV partner in the company’s Mongolian Kharmagtai copper and gold project, accepted Bastion Mining’s 8c-a-share offer. Zijin’s backing has boosted Bastion’s stake in Xanadu to 29.67 per cent, combining its existing 12.5 per cent holding with recent acceptances and puts it in a strong position to take control.

Javelin Minerals has zeroed in on a suite of highly prospective, undercover gold and copper targets at its Coogee West project in Western Australia’s Eastern Goldfields, setting the stage for high-impact drilling in the September quarter. The company’s latest geophysical review, run by Core Geophysics, has peeled back the layers at Coogee West to reveal a compelling treasure map of five high-priority anomalies lurking beneath shallow alluvial cover.

Aguia Resources has kicked off drilling at its Santa Barbara gold project in Colombia, with early results revealing mineralised quartz veins just 40m below existing workings. Its first hole hit a 0.7m thick quartz vein at 107.4m depth, showing visible sulphides, including pyrite, sphalerite and galena – all typically linked to gold. The company’s geological model is holding up, and assays are now pending.

Latitude 66 has uncovered a 2.5km gold-cobalt-copper corridor at its K6 prospect in Finland, extending south from its 650,000-ounce K1 gold deposit. A maiden reverse circulation program delivered 12 holes for 315m, hitting broad mineralised zones, including 2m at 0.27g/t gold, 0.13% cobalt and 0.35% copper from 4m. The results suggest K6 may sit on the edge of a much larger system.

Larvotto Resources has struck bonanza gold at its Hillgrove project in NSW, with drilling at its Eleanora-Garibaldi prospect delivering up to 111.27g/t gold equivalent. The standout hit came within a 4.1m intercept, grading 28.08g/t gold equivalent from 119m. The results are part of a 9200m diamond drilling blitz across its Eleanora-Garibaldi and Golden Gate prospects as the company pushes to boost resources ahead of plant construction.

Dateline Resources has scored another major political win for its Colosseum rare earths project in California after US Interior Secretary Doug Burgum labelled its revival as “pivotal” for national mineral security. Speaking on Fox News, Burgum, chairman of the National Economic Development Council, backed the Trump administration’s push to ramp up domestic mineral production and reduce reliance on foreign rare earth supplies.

Ora Banda Mining has flagged a 35% jump in annual gold output to 95,000 ounces at its Western Australian Davyhurst project. However, the company will fall just short of its 2025 guidance of 100,000 ounces due to mill upgrade delays. The June quarter production is forecast to rebound to 24,500 ounces. All-in sustaining costs are set to hit $2600 per ounce or 4% above the company’s guidance.

Dateline Resources has been cleared for take-off in the United States by upgrading its listing to the OTCQB Venture Market as American interest heats up in the company’s flagship Colosseum rare earths and gold project in California. Dateline’s shares will trade under the ticker DTREF. The uplift from the Pink Sheet market means US investors can trade the stock in local currency during US market hours.

Thunderbird Resources has struck a deal with Canadian-listed Mustang Energy, granting Mustang the right to earn up to 80 per cent of the company’s Cluff Lake North and Surprise Creek uranium projects in Canada. Mustang must spend up to $3.3M per project to reach full earn-in. Thunderbird will retain a 2 per cent royalty and free-carried interest and can now focus on its exciting NSW gold-antimony assets.

Aguia Resources’ homegrown phosphate products have matched or outperformed top imported fertilisers in Brazilian field trials, at a fraction of the cost. The company’s Lavratto and Pampafos products rivalled premium MAP and Moroccan phosphate in crop yields and Lavratto came out with top soybean results. Priced at $200–230/t, Aguia’s fertiliser appears to offer a game-changing, cost-effective solution for Brazil’s phosphate-dependent agriculture.

Estrella Resources has made a landmark discovery in its maiden exploration program in Timor-Leste, intersecting a thick 6.45m zone of massive manganese oxides just 1.35m below surface at its Ira Miri prospect. In what marks the first modern metallic minerals drillhole sunk in the country, Estrella’s initial diamond hole confirmed high-grade manganese mineralisation right from the outset, which is still open at 7.8m depth.

Estrella Resources has launched Timor-Leste’s first modern metallic mineral exploration by drilling its maiden hole at the Ira Miri manganese prospect. In a JV with Murak Rai Timor and CoreSearch, Estrella has mobilised a man-portable rig from Dili to Lautem. The program includes 3000m of diamond and 20,000m of RC drilling across two phases, targeting manganese within the Noni Formation.

Javelin Minerals has kicked off its Eureka drilling campaign near Kalgoorlie in style, hitting broad zones of shallow oxide gold to the south and a high-grade shoot to the north of the project’s historic pit. Best results include 26m at 1.36g/t and 2m at 7.37g/t. The company says follow-up drilling could pave the way for a rapid restart of gold production.

ASX-listed Green360 Technologies has achieved a world-first by transforming red mud - one of mining’s most toxic by-products - into a high-performance, low-carbon cement. The mud is blended with kaolin in a proprietary mix that slashes emissions and environmental risk while matching the strength of traditional concrete. The company says the product exceeds international standards for safety and performance.

Dateline Resources has delivered a stunning run, surging nearly 3760 per cent since January to hit 8.5 cents earlier today and officially claiming 10-bagger status in under a month. And the momentum keeps building. The company has uncovered fresh geochemical clues at its Californian Colosseum gold project, pointing to hidden breccia pipes and suggesting the 1.1M-ounce gold system could be far larger than previously thought.

A geophysical survey at Larvotto Resources’ Hillgrove antimony-gold project in New South Wales has unearthed a series of promising new drill targets beneath and along strike of known mineralisation at its Clarks Gully prospect. The company says the induced polarisation and resistivity survey showed a strong correlation with historically mined antimony and gold zones, validating the geological model and delivering a greenlight for an upcoming drilling program.

Dateline Resources’ share price surged as high as 5.6c this week - not far from the coveted 10-bagger status - after the company recalibrated its scoping study gold price assumptions to US$2900 (A$4460) per ounce for its US-based Colosseum gold project. The key price adjustment delivered a whopping 134% jump in net present value for the project from US$235 million to US$550M.

Estrella Resources has inked a landmark deal that could see up to 500 million tonnes of limestone exported from Timor-Leste over five years, targeting South East Asia’s surging industrial minerals demand. The binding agreement with Indonesian group PT Raka Energi Mandiri grants exclusive rights to market and sell Estrella’s high-grade, calcite-rich limestone from its extensive Timor-Leste tenements.

Strickland Metals has turned up the heat at its Yandal gold project in WA’s northern Goldfields by expanding a key gravity survey to chase down a string of new intrusion-related gold targets across a juicy 19-kilometre stretch of prospective ground. The move follows the company’s recent discovery of IRG-style mineralisation near its Dusk ‘til Dawn gold camp and could set the stage for a new pipeline of high-impact drill targets.

Terrain Minerals has kicked off a 17-hole, 3350m RC drilling blitz at its Lightning and Monza prospects in Western Australia’s Murchison goldfields. The 20-day campaign follows hot on the heels of high-grade hits earlier this year and aims to define and expand mineralised zones across the two parallel gold structures. Assay results are expected in about eight weeks, feeding into a maiden resource targeted for mid-2026.

Aguia Resources has fired up the diamond rigs at its high-grade Santa Barbara gold project in Colombia with a 25-hole, 2500m program designed to unlock a potentially huge discovery in the system’s rich mesothermal vein network. The company will also pepper the existing stockwork to clear a path for expanded underground production and set the stage for a maiden JORC resource towards the end of the year.