Public Company News

Augustus Minerals is zeroing in on outcropping veins with visible gold across its Music Well ground north of Leonora, where rock chips have run to a sky-high 122.8g/t. Heritage surveys are underway ahead of the first imminent RC drill holes. A looming PNG asset could add further significant upside for the company. Augustus is second in line for the highly prospective Mt Kare project, which it is pursuing through an application phase, with drill planning underway.

St George Mining's Araxá project in Brazil has delivered up to 13.98 per cent total rare earths oxide and 7 per cent niobium in early reverse circulation drilling. The company aims to expand the 40.6Mt resource with more than 9000m of drilling still to be completed. Araxá has Brazilian government support and is set to bolster global critical mineral supply for clean energy.

Siren Gold has raised $4 million to accelerate drilling at its flagship Sams Creek project in New Zealand, with funds also directed towards high-grade antimony-gold exploration at its Langdons and Queen Charlotte projects. With gold and antimony prices surging and a pending mining permit decision, Siren is positioning itself at the centre of New Zealand's resurging resources sector.

Beetaloo Energy Australia has entered the back half of 2025 with a strong cash position, traditional owner approval and a record-breaking hydraulic stimulation at its flagship Carpentaria-5H well. The milestones pave the way for a pivotal flow test as the company targets first shale gas from the Northern Territory's Beetaloo Basin – a move that could reshape Australia's energy future.

Middle Island Resources' share price rocketed 80 per cent from $0.02 to $0.036 a share today, driven by its potentially transformative acquisition of Konstantin Resources. The unlisted Australian company holds 14 exploration and mining licences enclosing 620 square kilometres of Serbia's Western Tethyan Belt, a globally renowned copper-gold province. The deal, paired with a $3.4 million placement at $0.017 per share, strengthens Middle Island's position as a multi-jurisdictional copper-gold explorer.

Octava Minerals has launched exploration at its Federation copper, zinc, silver and tin project in Tasmania, re-opening historic ground last worked in the 1980s. The company has already tracked down Renison Associated Tin Mines' old drill holes and adits at the Sweeney's prospect, where previous sampling lit up with hits including 4.17 per cent zinc, 3.32 per cent tin and 1.23 per cent lead, pointing to untapped potential.

Altech Batteries has been approved as eligible for a proposed €46.725 million (A$83.55 million) German government grant to further develop the company's groundbreaking CERENERGY sodium-chloride solid-state battery project in Saxony. The grant endorsement recognises Altech's vision to redefine energy storage with a sustainable alternative to lithium-ion batteries, using the humble power of table salt, reflecting Europe's plan to transition to renewables.

Terrain Minerals has revealed a striking gold interval of 22 metres grading 2.71 grams per tonne gold at its Lightning prospect, part of the wider Smokebush Project in Western Australia's Mid West region. The latest drilling program followed up a compelling 600m-long induced polarisation anomaly from geophysical data and formed part of the company's exploration strategy.

Aurum Resources has acquired a 35 per cent stake in Ivorian company Major Star Plus, in which it can earn up to 95 per cent in three permits covering almost 469 square kilometres near its 2.41-million-ounce Boundiali and 0.87-million-ounce Napié gold projects in Côte d'Ivoire. With 10 drill rigs and supported by a $35.6M placement, Aurum has planned 100,000m of drilling in 2025 to identify new gold discoveries.

Dateline Resources has raised $25 million at 21.5 cents a share, lifting its cash balance to $35 million, to accelerate drill programs and BFS work at its California Colosseum gold‑rare earths project next door to the Mountain Pass mine. Six new breccia‑pipe targets and modelling to about 300m depth underpin the technical case, while a recent OTCQB listing has improved North American investor access. Recent federal recognition further supports the case for this ASX high-flyer.

Rio2 Ltd has upgraded its share listing to the Toronto Stock Exchange, where its stock will begin trading on Wednesday. The exchange has the world's tenth-largest market capitalisation. The company is developing the Fenix Gold Project in Chile's Atacama region using a heap leach process to extract up to 4.8 million ounces of gold, to reach a projected annual production of 91,000 ounces of over the first 12 years.

Bulls N' Bears ASX Runner of the Week is… Invictus Energy. The company's stock soared after a Qatari-backed Sheikh made a major African gas grab for its monster Cobora gas project. Basin Energy was also in the spotlight after acquiring a Queensland uranium-rare earth double act while Ark Mine's and TechGen also sizzled, all combining to take out this week's Bulls N' Bears Runners of the week.