Public Company News

Ora Banda Mining's Davyhurst mineral resources have reached 26.8 million tonnes at 2.4g/t gold for 2.11M ounces, up 160,000 ounces, including 25% and 14% growth at its Riverina and Sand King underground resources, respectively. The company's ore reserves have grown 24% to 3Mt for 236,000 ounces. A $73 million FY26 drilling program will target mine life extensions at Riverina, Sand King and other key prospects.

Aurumin Limited has divested its non-core assets for $6 million to fund its Sandstone gold project in WA's Mid West region. Sales to Newcam, Yilgarn Iron and Sierra include its Johnson Range, Mt Dimer and Sandstone non-gold rights. The funds will drive drilling to upgrade resources at Aurumin's Shillington, Two Mile Hill and other deposits, aligning with partner Brightstar Resources' pre-feasibility study to advance the 885,800-ounce Sandstone project towards production.

Corazon Mining has applied for a contiguous 99-square-kilometre exploration licence to expand its Two Pools gold project in WA's Murchison region to 296 square kilometres. The company is targeting a northwest-plunging mineralised trend, identified through geophysical analysis, which has been thinly explored with limited shallow drilling and holds significant potential for deeper gold mineralisation.

St George Mining has forged a strategic alliance with United States-based magnet materials group REAlloys to commercialise its high-grade Araxá rare earths project in Brazil. The company's memorandum of understanding with REAlloys opens the door to collaboration on metallurgical test work, tech reviews and processing optimisation with the industry specialist.

Dateline Resources has launched a 10,000m drilling assault at its 1.1-million-ounce Colosseum project in California, targeting both gold and rare earths discoveries through to the end of this year. The company says its program of infill and extensional drilling around Colosseum's existing gold resources will feed into its ongoing and accelerated bankable feasibility study, due early next year.

American West Metals has confirmed multiple large-scale copper targets at its Storm project in Nunavut, Canada. A standout is a colossal 16km-long anomaly at just 200m depth - interpreted within the same host rocks that carry Storm's existing copper sulphides. The results catapult Storm into rare company and point to a pipeline of discovery-ready prospects.

Aurum Resources has nailed early diamond hole results at its Tchaga gold deposit in Cote d'Ivoire, signalling strong potential for resource growth at depth for its emerging asset. The first two diamond holes at Tchage, within its smaller 870,000-ounce Napie gold project, have extended known gold mineralisation to 340 metres below surface - nearly tripling the area's previous known depth of mineralisation.

Ora Banda Mining has jagged bonanza-grade gold hits outside its Sand King life-of-mine plan and boosted its mining inventory at the underground mine northwest of Kalgoorlie. Step out drilling produced several stunning hits. The two best results were 1.7m at 1371.2g/t gold, including 0.4m going 5545g/t, and a pearler intersection running 5.6m at 346.3g/t gold, including a superb 3.5m slice grading 551.5g/t.

Thunderbird Resources has landed a major boardroom coup, with seasoned geologist and dealmaker Michael Haynes stepping in as executive chairman. Haynes, who recently led New World Resources to a $245 million buyout, brings serious M&A credentials and exploration nous to the table. With full control now in his hands, the market will be watching closely for the next phase of Thunderbird's evolution.

Terrain Minerals has fired the starter's gun on an induced polarisation geophysical survey at its Wildflower gold prospect in WA's Yalgoo-Singleton Belt, aiming to sniff out deeper sulphide-hosted gold beneath a string of shallow oxide hits. The program comes hot on the heels of a recent 11m hit grading 6.03g/t gold and 43.5g/t silver strike just down the road at the company's Lightning and Monza prospects.

Beetaloo Energy has observed significant gas flowing while running clean up at its Carpentaria-5H well in preparation for an upcoming IP30 flow test, after recently undertaking successful stimulation of the well. The company is nearing the pointy end of identifying just how productive its Carpentaria-5H horizontal well may be, as it zeroes in on the Northern Territory's extensive Beetaloo Basin to prove up a massive gas resource.

Graham Gadsby, former Spartan Resources chief geologist behind its Never Never and Pepper discoveries, has been named King River's new MD to lead high-grade gold exploration at Tennant Creek and Mt Remarkable. The former Spartan Resources geologist brings a wealth of experience to the new role.