Public Company News

Strickland Metals has launched its biggest exploration blitz at its 7.4-million-ounce gold equivalent Rogozna project in Serbia. Armed with $40M and six rigs, the company is targeting high-grade gold and a maiden resource at Gradina, resource growth at Shanac and Medenovac and a potential porphyry giant at Jezerska. With drilling ramping up and assays on the horizon, Strickland is gunning to position Rogozna as a globally significant gold-base metals discovery.

Meeka Metals is officially Australia’s newest gold miner, pulling ore for the first time at its 1.2-million-ounce Murchison gold project, outside Meekatharra in Western Australia. The gold ore pulled from the company’s St Anne’s North open pit is a breakthrough step on Meeka’s journey toward first production, as open pit mining ramps up and processing plant expansion works approach completion.

Atomos Limited has hit the refresh button appointing Peter Barber as its new chief executive officer who will officially take control of the helm next week, replacing co-founder Jeromy Young. Atomos Limited has hit the refresh button by shaking up its leadership team with a new CEO and launching four new products including a recurring revenue cloud solutions platform, in a move to diversify its product base and respond to a slower global tech market due to US tariffs. .

Askari Metals has entered into a binding agreement to acquire 100% of Rift Valley Metals which owns a gold portfolio of five tenements enclosing 460 square kilometres of highly prospective ground in Ethiopia. The company’s landholdings are within the Adola Greenstone Belt in the under-explored southern segment of the Arabian-Nubian Shield, about 350km south of Ethiopia’s capital of Addis Ababa.

Ora Banda Mining has mailed in another strong performance at its Davyhurst gold project in Western Australia, producing 23,150 ounces of gold in the March quarter and uncovering a potentially game-changing high-grade discovery. The company’s gold sales rose 6 per cent, lifting the total financial year-to-date sales to 71,467 ounces - 6 per cent ahead of the last full-year’s output with a full quarter remaining.

Rio2 Limited is targeting an early 2026 gold pour at its Fenix Gold heap leach project in Chile. Construction is 19 per cent complete and on budget at one of the Americas' biggest undeveloped oxide gold plays. The company has so far spent US$30.1 million of its US$135 million construction budget, with major milestones already checked off and a string of other developments to come this year.

Horizon Minerals’ updated mineral resources summary highlights a massive nickel boost from its recent merger with Poseidon Nickel, which has added a huge spread of nickel icing to its Kalgoorlie golden cake. Some 422,000 tonnes of nickel metal now bolster the company’s mineral portfolio, which also includes 1.8 million ounces of gold scattered across a plethora of Goldfields deposits, including several being mined to benefit from a surging gold price.

Javelin Minerals has completed a maiden 22-hole reverse circulation drilling program at its recently acquired Eureka gold project, 54km north of Kalgoorlie in WA’s Eastern Goldfields. The 2779m campaign was planned to confirm and possibly expand the existing 2.45Mt JORC-compliant resource, which averages 1.42g/t gold for a contained 112,000 ounces of gold. About 62,000 ounces are in the indicated category.

Lindian Resources has executed a binding agreement to grab the remaining 25 per cent share of the Lelouma bauxite project in the African nation of Guinea to take full ownership of the tier-1 asset. The company will be targeting direct shipping ore from the current resource containing a whopping 900 million tonnes grading 45 per cent aluminium oxide.

Kalgoorlie Gold Mining has launched a fresh air core drilling campaign at its Lighthorse gold discovery near Pinjin in WA’s Laverton Tectonic Zone. The 100-hole program will punch 5500m of drilling along a 2.4km corridor. Rigs will target a 1400m extension to the north and tidy up patchy historic drilling across 1000m to the south. The program is set to wrap up within three weeks.

Great Southern Mining has assayed 3m at 2.55g/t gold from 33m, including 1m at 6.48g/t gold, in the final results from a February RC drilling program at its Golden Boulder East trend at its Duketon project in WA. The hole included a separate 2m hit going 1.81g/t gold from 42m. A second hole probed 1m assaying 1.02g/t gold from 53m and 2m at 1.42g/t gold from 60m.

This week’s Bulls N’ Bears ASX Runner of the Week is… Redstone Resources, which announced a biblically deep drill hole to test for copper in WA’s West Musgrave area. Anteris Technologies ran on a $9/share price target from US-based Cantor Fitzgerald’s research department and Jindalee Lithium shot up on news its flagship McDermitt project had received US government backing to be listed on a strategic fast permitting framework.