Public Company News

St George Mining has dual listed on the Frankfurt Stock Exchange to boost European investor access to the company, driven by its world-class Araxá project in Brazil, which has more than 40Mt at 4.13 per cent total rare earths oxide and 0.68 per cent niobium pentoxide. The move aligns with its global strategy to supply critical minerals outside China. St George is currently drilling to expand the high-grade deposit.

Triangle Energy and its joint venture partner Athena Exploration have substantially boosted gas resources at their UK North Sea permit, marking a significant milestone for the two companies. The marked increase in both contingent and prospective resources positions the partners among the top three holders of undeveloped gas resources in the UK west of the Shetland Islands and in the southern North Sea.

Bulls N' Bears ASX Runner of the Week is… OD6 Metals, after it unveiled a low capex, lower-cost product from its mammoth Splinter Rock rare earth project near Esperance. Mount Ridley Mines rode the rare earths coattails based on its nearology to OD6 in the rare earths region, ActivePort Group launched an Australian first private cloud superhighway and Energy Transition Minerals shot up on a 60 Minutes story on its monster Greenland rare earths project.

Estrella Resources has shifted its Timor-Leste exploration into high gear after picking up visuals of rich manganese mineralisation running up to 80 per cent at the Ira Miri prospect. The company is also preparing to collect a 30,000-tonne manganese bulk sample at site and planning a drill program at its billion-tonne Werumata limestone target in Baucau.

Buru Energy has discovered a significant new gas prospect beneath its Rafael gas field in WA's onshore Canning Basin. Buru estimates its Flying Fox target, identified in recent Rafael 3D seismic data, contains 60-614Bscf of gas and 1.2-12.6MMstb of condensate. The discovery mirrors Rafael's contingent resources and could seriously boost the overall project's potential. Buru plans to drill next year.

Norfolk Metals' 70 per cent earn‑in at its Carmen copper project in Chile is now underpinned by a drill plan designed to twin the best historical holes, hit the oxide blanket from surface and push deep into sulphide potential. In a copper market that is starting to get serious attention again, Norfolk's timing appears to be good.

Bulls N' Bears Big Hits looks at notable drilling intercepts recently reported to the ASX by Caprice Resources, Stavely Minerals and Patriot Battery Metals. Caprice's Island gold project south of Cue in WA's Mid West region revealed an 11-metre hit assaying 17.3g/t gold, including 9m at 21g/t gold from 170m. Other interesting drill hits were reported at Stavely's Fairview prospects in Victoria and Patriot made a big caesium discovery in Quebec, Canada.

Dateline Resources Limited has made a significant breakthrough at its Colosseum gold-rare earths project in California with the discovery of several high-priority rare earth element drilling targets. The results from the company's recent 3D magnetotelluric geophysical survey revealed one particularly promising anomaly, which hinted at the potential for carbonatite-style mineralisation at depth, akin to the famed nearby Mountain Pass rare earths deposit.

Lindian Resources can now significantly increase its rare earths mining area by almost three-fold at its Kangankunde project in Malawi after receiving departmental approval for its stage two modular expansion plan. It is a further positive step forward in the company's plans to supercharge its stage-two expansion of the world-class rare earths project that boasts a massive high-grade rare earths deposit.

Bulls N' Bears ASX Runner of the Week is… Rhythm Biosciences, after it after it revealed promising results from a study of its simple bowel cancer diagnostic blood test. Roolife Group inked a blockbuster e-commerce partnership supply agreement with multi-national Eternal Asia Supply Chain Management, Waratah Resources unveiled a 208m intersection of high-grade gold in NSW land of the copper-gold giants, and Lindian resources secured a funding and offtake partnership with Iluka Resources to lock-in a domestic rare earths supply.

Thunderbird Resources has uncovered a string of high-priority gold targets at its Kookabookra project in NSW, with geophysics revealing sulphide-rich anomalies that correlate with past mineralisation. The company's drill rig is now poised to hit the ground in the fourth quarter, with strong geological cues pointing to untapped gold systems similar to the nearby Hillgrove antimony-gold deposit.

American West Metals has hit thick, high-grade copper at its Storm copper project in Nunavut, Canada, with a reverse circulation drilling program confirming near-surface mineralised zones and deep diamond drilling hitting 57m of visible copper sulphides at its Cirrus target. The results point to an extensive copper system, which might support resource upgrades and expansion at the company's Corona, Thunder, Lightning Ridge, and The Gap prospects.