Public Company News

Dateline Resources has landed a cracking validation at its Colosseum gold-rare earths project in California, with a second geophysics survey confirming a standout carbonatite rare earths target. The fresh results double down on the project’s potential to deliver a major rare earths discovery. Drilling continues at the white-hot United States play.

Siren Gold’s Langdons project in New Zealand’s Paparoa goldfield has dazzled with assays up to 38.5g/t gold and 5.7% antimony from open-pit channels samples, and 37.8g/t gold and 20.9% antimony in adit mullock. The results confirm previous sample analyses, including a bonanza-grade 506g/t gold and 6% antimony from open-pit mullock. Multiple mineralised structures span a 400m strike, while soil geochemistry flags extensions under cover.

Rio2 Limited has inked deals with two water suppliers in Chile’s Copiapo region to study piping desalinated water from the coast up to its high-altitude Fenix Gold mine in the Atacama Desert. The move paves the way for an ambitious expansion that could see the project churn out 300,000 ounces of gold a year for the next decade, firmly positioning Rio2 as a major player in the Americas.

Middle Island Resources has begun field exploration at the company’s Bobija polymetallic project in western Serbia, targeting exposed barite-sulphide mineralisation in the historic open-pit mine. Initial rock chip and channel sampling aims to validate previous sample results up to 5.24g/t gold and 120g/t silver, while soil sampling is planned to chase up areas defined by anomalous stream sediment results.

Lindian Resources has engaged DRA Pacific for its Malawian Kangankunde rare earths project stage 2 study, targeting 50,000-100,000pa concentrate. Lindian is positioning itself as a key player in the global rare earths market, under recently appointed executive director Zac Komur, with stage 1 development on track, funded by a $91.5 million placement, targeting first production in the fourth quarter of 2026.

Red Metal’s 44 per cent stake in Maronan Metals looks set to shine after its partner unveiled a barnstorming preliminary economic assessment for the Queensland-based Maronan project. The study paints a picture of a long-life polymetallic mine, powered by a juicy silver core expected to deliver 53 per cent of revenues, while future expansion potential looms large across the broader resource base.

Gold’s stubborn strength is pushing spreadsheets ahead of drill holes. And Dollar Bill sees more moves forming, with some left-field possibilities. There’s Kingsgate/Emerald in South East Asia, Capricorn and Bellevue - despite their distance - and perhaps some Leonora adjacency tidies make sense. There may be more on the home front, while in Africa, Perseus and West African Resources look like a regional fit.

Thunderbird Resources is forging a golden path in NSW’S renowned Lachlan Orogen, acquiring the drill-ready Springfield gold deposit and kicking-off a $2.2 million placement to fuel its exploration blitz. The binding agreement to acquire Springfield with its impressive series of existing drill hits, sets in train a boost to the company’s growing portfolio of gold projects.

Estrella Resources has drilled thick supergene manganese at its Ira Miri prospect in Timor-Leste, estimated at up to 12.87m at 80% oxides. The zones remain open to the northwest and southeast and follow the trend of the Noni Formation. Step-out drilling continues and assays are expected in 6-8 weeks, as manganese demand surges for the steel and battery markets.

Bulls N’ Bears ASX Runner of the Week is… Stakk Limited, after it inked a blockbuster Robinhood deal to power its banking push with embedded finance tech. Carnegie Clean Energy’s wave power whiz caught some US OTC buzz without a whisper of news, Lord Resources’ copper visuals at Ilgarari sparked a drilling frenzy in WA, and Kula Gold’s visible gold hits at Mt Palmer lit up the Southern Cross goldfields amid small-cap fireworks and resource blues.

If you’ve been watching the order book chatter, you’ll have noticed the market is starting to remember how to take a risk without immediately breaking out in hives. Dollar Bill reckons that stellar day-one IPO pops for Virgin and GemLife weren’t miracles - they were signals that investors will fund a credible equity story at a fair price.

Buru Energy has clinched the environmental nod from the Western Australian government for its Kimberley gas resource appraisal campaign in early 2026. The well environmental plan greenlights the company’s next steps in unlocking the project in the Canning Basin, paving the way to drilling in the first half of next year.