Announcements

Estrella Resources has rolled out a string of new manganese-rich hits from its Ira Miri prospect in Timor-Leste, stretching the mineralised strike to almost 100 metres and it is still open both ways. The latest round of diamond drilling logged spectacular visual grades of up to 90 per cent manganese oxide as the company continues to shape what it believes could be a new manganese province.

Siren Gold has fired up the rigs at its flagship Sams Creek gold project in New Zealand's Tasman district, launching 7000m of drilling to beef up its gold resource. With a mining permit decision looming and a scoping study on the horizon, the company is betting big on its ability to stack more ounces on its already sizeable 824,000 ounce endowment.

Titanium Sands has secured Stage 2 funding for its Mannar Island mineral sands project in northwest Sri Lanka. A recent meeting with the Finance Ministry supports the Industrial Mining Licence process and environmental studies are near completion. The funding will finalise studies and push the project forwards towards heavy mineral sands production.

Middle Island Resources has launched a maiden, 800m reverse circulation drilling program at its Serbian Bobija polymetallic project, targeting gold-silver-copper-lead-zinc mineralisation below the historic Bobija open pit from which channel sample results are pending. With Bobija rock chip results assaying up to 5.24g/t gold, 120g/t silver, 4.66% zinc and 4.36% lead, the company sees a possible analogue with the 20Mt polymetallic DPM Metals' Vares project in adjacent Bosnia-Herzegovina.

Aguia Resources' Board has given the nod to bank finance of A$1.7M to boost its push for the company's Brazilian Tres Estradas phosphate development mine to open next year after the refurbishment of its processing plant. A credit line facility of approximately A$2.038 million has been agreed upon by the two parties to kick-off the plant upgrade works.

Peninsula Energy has turned the corner at its flagship Lance uranium project in Wyoming, completing a $69.9 million equity raise and firing up production of its first yellowcake. The milestone, which saw some big names enter its register caps a full operational and financial reset, positioning the company as a key supplier into a resurgent US nuclear industry.

Chariot Corporation may have struck the lithium jackpot, with site visits confirming sprawling, drill-ready lithium-caesium-tantalum (LCT) pegmatites at its Fonlo and Iganna projects in southwest Nigeria. The two projects are part of a four-project portfolio in the Oyo and Kwara States, which the company recently pounced on after scooping up a 66.667 per cent stake in C&C Minerals Ltd.

Toro Energy is set to be acquired by Canadian uranium firm IsoEnergy, which plans to add to its portfolio of high-grade North American projects with the addition of Toro's flagship Wiluna uranium project. The market liked the deal too, sending Toro's shares to a 52-week high of 48 cents, up from yesterday's 32.5c close on the highest daily volume in 12 months of 7.3 million shares.

Kalgoorlie Gold Mining has turned the rigs back on at its Pinjin project, launching a fresh diamond drilling campaign across its Kirgella Gift and Providence deposits in Western Australia's Laverton Tectonic Zone. Backed by $130,000 of WA State government co-funding, the four-hole, 1070m program is targeting structural sweet spots where converging gold plunges could drive resource growth.

Dateline Resources' impending BFS will likely get a big financial shot in the arm when compared to its October 2024 scoping study that assumed a gold price US$1300 per ounce less than today's spot price. The bankable feasibility study for the company's Colosseum gold-rare earths project in California is in full swing and remains on schedule with mining quotes, testwork and long-lead procurement items all tracking to plan.

St George Mining has raised a staggering $72.5 million at 10 cents a share with $50m flowing from big institutions and $22.5m coming in from billionaire Gina Rinehart's Hancock Prospecting. The funds will fast track the company's Araxá rare earths–niobium project in Brazil that is shaping up to be one of the most significant rare earths discoveries on the planet.

Terrain Minerals has reported high-grade gold assays alongside silver hits from its Lightning Prospect at the Smokebush Project in WA's Murchison, reinforcing a strong gold-silver correlation. One significant intercept of 22m yielded 2.87g/t gold from 105m, including 21m at 15.79g/t silver from 105m, 1m at 70.59g/t silver from 108m and 1m at 60g/t silver from 124m. Follow-up drilling is proposed to further develop the dual-commodity potential.

Bulls N' Bears ASX Runner of the Week is… Infini Resources after it nailed eye-popping uranium visuals and XRF hits from its Canadian drill blitz at Portland Creek. Xstate Resources struck a gas column jackpot deep in Queensland's Surat-Bowen Basin, Pure Foods Tasmania's gourmet pâté stormed Coles' national shelves with a tenfold order boom and Battery Age Minerals got the green light to drill its high-grade gold-silver beast in Argentina, proving small caps can thrive on metals mania and geopolitical fireworks.

ASX-listed Triangle Energy has banked a trifecta in the Philippines, bagging two offshore and one onshore petroleum exploration licences, which the company says have handed it a commanding position in some of the region's most prospective, underexplored terrain. With contingent resources in the hundreds of billions of cubic feet and gas-hungry markets on tap, Triangle is now sitting on what could be Southeast Asia's next major gas story.

Altech Batteries is hailing a breakthrough with a major advance in its Silumina Anodes technology, recording 88.5% capacity retention after 500 charge-discharge cycles by adding just 5% alumina-coated silicon to graphite anodes. The company's latest Silumina Anodes deliver a charge capacity of 420 mAh/g which far surpasses graphite's capacity in the range of 230-250 mAh/g. Altech's Saxony pilot plant confirms scalability, promising longer EV range and lighter batteries.

Octava Minerals will launch aircore drilling next week at its Byro Critical Minerals Project in WA's Gascoyne region, following outstanding bioleaching test results which showed recoveries of up to 85% rare earths, 92% lithium, and 78% vanadium. Octava has planned an 18-hole, 1000m program that, pending final approvals, will target a maiden resource via testing of high-grade zones in the host Coyrie Formation.

Larvotto Resources has peeled off another impressive set of drill results from its Eleanora-Garibaldi zone at its Hillgrove antimony-gold project in New South Wales. The company has notched up standout intercepts such as 30m at 3.29g/t gold equivalent and 5.4m at 11.99g/t gold equivalent, with several zones still open at depth. The hits are expected to underpin upcoming resource and reserve upgrades.

Corazon Mining has secured a 12-month option for 80% of the Feather Cap gold project in WA's Gascoyne region which hosts high-grade hits up to 20m at 3.01g/t and sits near Westgold's 2.9Mt Durack gold project. Other historical hits including 7m at 6.21g/t gold highlight potential across the 154 square kilometre project. With its Two Pools project 150km to the northeast, Corazon's regional footprint is growing.

Ora Banda Mining has jumped out the gates to kick off the financial year, with a record 30,595-ounce gold quarter. The company banked a hefty $38.5 million in free cash flow, pushing its piles of cash to $122.7 million. Ora Banda says its Sand King underground mine ramp-up is now humming, after FY25's heavy capital injection, where it expects even more gold to flow for the quarter to 2026 ahead.

Lindian Resources has wrapped up early development works program at its giant Kangankunde rare earths project in Malawi with mining of its 23.7Mt at 2.9 per cent total rare earths oxide probable ore reserve scheduled to commence in early January. The reserve is backed by a 61Mt indicated resource at 2.43 per cent total rare earths oxides which includes a high-grade core of 25 million tonnes at 3.26 per cent TREO.

Solara Minerals now has boots on the ground and is soil sampling at its newest Wilgeena gold project in Western Australia's burgeoning Murchison gold region. The company says it is targeting gold anomalism within its Peak Hill schists, host to its neighbouring 114,000-ounce Hermes South deposit as Solara looks to join the regions gold resurgence.

Neometals Limited has started drilling beneath and along strike of the historic Barrambie Ranges gold mine in WA's Murchison after a soil and mapping campaign defined multiple high-priority targets. The company says the 2,000-metre reverse-circulation program will test extensions of previously mined high-grade veins and add new data to its growing Barrambie dataset, which already includes a maiden resource at Ironclad and high-grade hits at Mystery.

Augustus Minerals has wrapped up a 1,173 sample auger soil program at its Music Well gold project north of Leonora in Western Australia, testing extensions at its Clifton Dodd's and St Patricks targets, while running first pass lines across the new Golden Dingo nugget trend Samples are at the lab with multi element results due in weeks, with a Heritage Survey Report pending to clear the path for the company's maiden drilling.

St George Mining has partnered with Brazil's Federal Centre for Technological Education in Minas Gerais for a new pilot plant at its Araxá project to advance high-grade rare earths and niobium processing. The collaboration establishes the St George Technological Centre at the Federal Centre for Technological Education's Araxá campus, focusing on sustainable innovation and downstream studies.

Javelin Minerals is pushing ahead with a new diamond drilling program to bolster its near-term plans to charge into production at the company's historic Eureka gold project, near Western Australia's historic Kalgoorlie mining hub. The drill program will provide valuable geotechnical and metallurgical data and test the potential at the project's northern end to boost indicated resources and add mineable ounces and longevity to the mining operation.

Larvotto Resources has fired the starting gun on an upgrade at its Hillgrove processing plant to 525,000tpa, after inking a project delivery contract. The deal locks in scope, governance and timelines for the work, with early works already underway. Commissioning is targeted for late 2026, at which point the company expects to play a starring role as a key Western supplier of strategic metal antimony, with gold providing an extra kicker.

Siren Gold has expanded the geochemical footprint at its Langdons gold–antimony project in New Zealand to reveal a completely new mineralised zone south of Liberty Reef with extensions detected beneath. The discovery, paired with a newly granted five-year exploration permit, clears the way for a maiden drilling program as the new soil samples and earlier high-grade rock-chip results continue to underscore the project's remarkable potential.

Aurum Resources' infill drilling at its Boundiali BMT3 deposit in West Africa has grown its total Boundiali indicated gold resource by 53% to 0.92Moz gold, with the total project resource remaining at 2.41Moz. The drilling at BMT3 has enabled the conversion of 320,000 ounces of previously “inferred” gold to the higher-confidence “indicated” resource category.

Horizon Minerals has revealed a golden tempest of high-grade one-metre-plus drill hits from its latest drill program at the company's Burbanks gold project, 9km south of Coolgardie in Western Australia's fabled Goldfields. The company kick-started a 30,000-metre drilling blitz in late June, which has delivered multiple standout gold results, including a showstopping 1.55m slice grading over 3 ounces to the tonne gold .

Chilean mining expert David Fowler has joined the Norfolk Metals' board as a non-executive director to help develop the company's recently acquired Carmen copper project near La Serena in Chile. Norfolk has drilled 20 holes in its 50-hole maiden drilling program targeting a near-surface supergene copper resource at Carmen, which may be amenable to heap leaching.

This week's Bulls N' Bears Runner of the Week is… Tambourah Metals. Its share price surged after outstanding gold drilling results at its WA gold project. Nelson Resources' share price ran hard after the company locked in a mining agreement for its Yarri project, CGN Resources nabbed land in a prime WA gold area and Dart Mining unveiled a stunning antimony hit from its latest Queensland drilling program.

Octava Minerals has reported exceptional bio-leaching test results from its Byro critical minerals project in WA's Gascoyne region, reinforcing its potential as a significant source of rare earth elements, lithium and vanadium. The testwork, conducted by the CSIRO and European bio-mining specialist BiotaTec, demonstrates high recovery rates for critical minerals essential for magnet production and battery technologies.