Public Company News

Peninsula Energy has confirmed its Lance uranium project in Wyoming, USA, remains on track to meet its production guidance of 400,000 to 500,000 pounds of yellowcake this year. The central processing plant's capacity of 2 million pounds of uranium oxide per year and the company's strong progress in developing its Mine Unit 4 are expected to deliver around 60 per cent of forecast output in 2026 and 2027.

Chariot Resources has signed a binding A$1.425m placement with a big Chinese battery metals firm at 15c a share, as talks advance on project-level funding and offtakes for its Nigerian lithium portfolio. Chariot's Nigerian lithium projects are showing big lithium oxide sample grades at surface, going five to six per cent lithium oxide that scream “drill here”.

Great Southern Mining is readying the drill bit for its Mon Ami gold project in Western Australia, with the company identifying multiple targets for resource extension at the mine-ready prospect. The company has initiated a detailed technical review of Mon Ami to speed up exploration that could lift the existing 55,500-ounce deposit, grading a handy 1.11 grams per tonne gold.

In an exceptional start to the year, St George Mining has pulled in its thickest intercept yet at the company's Araxá project in Brazil, with high-grade assays returning up to 17.15 per cent total rare earth oxides and 4 per cent niobium. With drilling continuing around the clock and the current mineral resource estimate modelled to just 100 metres, the next wave of results could be every bit as impressive.

Neometals Limited has unearthed a fresh copper hotspot at its fully owned Barrambie gold project near Sandstone in WA. Recent surface rock-chip and grab sampling has confirmed high-grade copper grades up to 24.4 per cent copper at the historic Rinaldi workings. Historic production at Rinaldi in 1944 and between 1956 and 1961 delivered about 1407 tonnes at 9.8 per cent copper.

American West Metals has bolstered its US critical minerals push by hiring a top Washington advisory firm to steer the company's West Desert project into becoming the nation's first end-to-end indium supplier. The newly appointed Ervin Graves Strategy Group is a heavyweight in government relations, a move set to deepen the company's ties with US agencies and potential downstream partners.

King River Resources has struck a high-grade chord in WA's Murchison, locking in an option over the historic Mindoolah goldfield where abundant gold occurrences remain untested.

Horizon Minerals has thrown the switch on a serious gold growth plan after scoping studies confirmed its Black Swan processing hub near Kalgoorlie could churn out more than 100,000 ounces a year. With strong economics, a short payback period and fresh funding locked in, the company is lining up to transform legacy infrastructure into a new WA gold powerhouse.

St George Mining has snapped up prime industrial land next to its Araxá project in Brazil, clearing a major hurdle on the path to fast-tracked niobium and rare earths production in a red-hot critical minerals market. The land parcel, which is less than 2 kilometres from the mining tenure, is zoned for mining and industrial use.

American West Metals is gearing up for up to 5,000m of diamond drilling at its West Desert critical minerals project in Utah, aimed at growing the existing resource. The company says it will target near-mine “Goldilocks” indium-rich skarns outside the current model and drill test a potentially fault-controlled area for gallium targets along the Juab Fault before testing large magnetic and gravity anomalies that resemble the known deposit.

Aurum Resources has delivered another strong round of diamond drilling results from its ongoing 100,000-metre program at the company's 2.41-million-ounce Boundiali gold project in Côte d'Ivoire, West Africa. The latest assays from 30 holes for 7208m of drilling have wrapped up the final data batch for the company's Boundiali mineral resource estimate (MRE) update, which is due later this month.

Patriot Resources has uncorked a mighty maiden mineral resource of 31.39 million ounces of silver-equivalent from its polymetallic Tassa silver-gold project in Southern Peru. The company's inferred maiden resource estimate clocked in at 18.53 million tonnes at 52.68 grams per tonne (g/t) for the 31.39 million-ounce silver-equivalent booty, with the silver-only component comprising an impressive 25.5 million-ounces at 42.73g/t.