Public Company News

The Bulls N' Bears ASX Runner of the Week is… Bison Resources, which more than tripled on debut after a heavily oversubscribed $5.5 million IPO to chase gold and silver in Nevada's world-class Carlin Trend. Genetic Signatures charged higher on a major Danish hospital supply contract for its gastrointestinal diagnostic assay, Narryer Metals more than doubled on a premium placement backed by veteran investor Tim Goyder, and Immutep rebounded strongly after securing FDA Orphan Drug Designation for its efti alfa drug for soft tissue sarcoma.

Gold Fields and Great Southern Mining are sharpening the drill bits for a return to the joint venture's expansive Edinburgh Park gold project in north Queensland, with diamond drilling set to begin once the wet season wraps up in May. The company will test the high priority Mt Dillon target, defined by a strong induced polarisation anomaly and extensive hydrothermal alteration.

Titanium Sands is closing in on a mining licence at its Mannar heavy mineral sands project in Sri Lanka, with the application awaiting policy approval. Backed by a $400,000 funding extension and environmental studies nearing completion, the company is progressing the 318-million-tonne resource with strong economics, positioning the project as a potentially significant long-life producer in the region.

Ora Banda Mining has rung the till in spectacular fashion, banking $76.3 million in free cash flow from a record March quarter, during which it produced 38,766 ounces of gold. The bumper result swelled the company's cash balance to a formidable $231.7 million, underpinned by record throughput at the Davyhurst mill and a massive tenfold resource increase at its Round Dam deposit.

Dalaroo Metals has taken a key step towards a potential major discovery at its Bondoukou gold project in Côte d'Ivoire, securing critical stakeholder support to kickstart exploration. With field access locked in and a local workforce engaged, the company has already completed 40% of a major soil geochemistry program. Results from the 9.5km mineralised trend are expected to define high-grade targets for an upcoming drilling blitz.

Aurum Resources has drilled to 220m vertically below its current BST1 resource at Boundiali in Côte d'Ivoire, confirming the gold system remains open at depth, as it pushes towards a Q3 2026 resource update. Deep drilling beneath its separate BDT3 target has also confirmed the mineralisation remains open. Best intercepts included 29m at 1g/t gold from 444m and 8m at 3.38g/t gold from 279m.

Triangle Energy has provided a $250,000 loan to Pilot Energy, securing a one-year option to acquire a 7.5 per cent stake in the offshore WA-481-P permit for another $250,000. The deal gives Triangle a low-cost entry ticket into the permit as Pilot works to finalise its own funding and strategic initiatives.

Terrain Minerals' Lightning prospect in WA's Mid West has burst to life with a standout 21.8g/t gold hit fuelling confidence the system is larger than first thought and primed to grow along strike and at depth. Latest results include 8m at 6.87g/t gold from 76m and a best 1-metre grade of 21.8g/t gold. With a mining lease secured and more assays still to come, a maiden JORC resource is due in July.

Corazon Mining is preparing for a rapid site reconnaissance follow-up after a historical data review identified two significant gold targets at its Feather Cap project in Western Australia. The desktop study highlighted a completely untested 3.5-kilometre gold anomaly at its Trudgeon Well prospect and a drill-ready target at the company's Murphy's Creek prospect. The targets represent compelling walk-up opportunities within a proven gold province.

Larvotto Resources is on track and on budget for the first production of antimony ingots at its NSW Hillgrove antimony-gold mine by mid-year. The development comes hot on the heels of a decision by Canberra to legislate a national stockpile for the critical mineral and Larvotto is one of only two Australian companies that will be able to supply. Plant refurbishment and underground development are advancing.

Dalaroo Metals intends to significantly expand its strategic footprint in southwest Greenland after applying for two additional exploration licences, bringing its total landholding to nearly 260 square kilometres. The new ground, adjacent to the existing Blue Lagoon project, sits within the prospective Gardar Province, a region globally recognised for hosting major alkaline intrusive systems enriched with rare earths, zirconium, niobium and hafnium.

Neometals has executed a binding joint venture with BML Ventures to develop its Ironclad gold deposit at Barrambie in Western Australia, paving the way for near-term production. Backed by a recent resource upgrade and scoping study, the deal will see profits split 50:50 and is designed to unlock early cash flow while advancing broader exploration upside.