Public Company News

Octava Minerals is set to start the drill rods spinning with a 2000m diamond drilling program at its Tasmanian Federation project after uncovering overlimit indium above 500ppm, alongside standout zinc, tin, silver and copper grades from rock chips at the Sweeney's prospect. The company aims to test unmined sulphide zones in one of Australia's most promising polymetallic districts.

Green360 Technologies' eco-friendly partial cement replacement product known as “Eco-Clay” and made largely from kaolin waste streams has passed a series of verification tests with the University of Melbourne assessing that it meets Australian standards. Eco-Clay is a high-reactivity calcined kaolinite or metakaolin that can replace up to 40% of Portland cement in concrete.

The Bulls N' Bears ASX Runner of the Week is… Mount Ridley Mines, which unearthed a monster 24,584-tonne gallium resource from its WA clay rare earths project. Eden Innovations cashed in on AI data centre fever, Whitebark Energy breathed new life into its Warro gas behemoth with giant dry gas-zone revelations and Pivotal Metals pocketed $5.4m to drill Quebec's copper-nickel veins as the red metal hits record highs.

Meeka Metals has struck multiple, high-grade ore topping 300 grams per tonne gold at its Andy Well project in WA – the company's first underground mine at the Murchison project in WA. The underground development began in July, with the high-grade ore now feeding the plant and pushing October output toward 3800 ounces as the company adds a third jumbo continuing its ramp toward seven levels in ore.

Norfolk Metals is re-assaying old copper core for gold at its Carmen project in Chile as it seeks to verify historic drill results and exploit a new zone that is sporting visible copper outcrops. The project is in Chile's copper-rich Atacama region where fresh targets are now emerging in the nearby Higueritas Belt.

Rio2 Limited is entering the home straight at its flagship Fenix Gold project in Chile's Atacama Region, with mine construction now 63 per cent complete and the first gold pour locked in for January next year. The company remains on budget to develop one of South America's largest heap leach gold projects, marking a defining chapter in its rapid transformation from explorer to producer.

Thunderbird Resources is approaching the final verdict on its Slasher Flats gold acquisition in Central NSW, with the Springfield gold deposit emerging as a leading contender for early drilling. The company says the existing known high-grade hits are likely just a slice of a much bigger system that is still begging for the drill bit at Springfield. With historically limited shallow drilling having already delivered thick, near-surface gold, Thunderbird says its prospects are likely to continue to considerable depths.

Aurumin Resources has launched a 7,400m multi-rig drilling blitz at its Sandstone project to upgrade and expand resources ahead of Brightstar's PFS next year. Funded by $6m in asset sales, the program targets Shillington, Two Mile Hill, McIntyre and Old Town Well, with diamond drilling to gather geotechnical data for mine design.

When four thieves scaled the Louvre for France's crown jewels, Dollar Bill couldn't help spotting a market parallel. From Pilbara Minerals' Altura buy to Wildcat's lithium punt, Larvotto's $3m purchase of Hillgrove and Hawk's Resources scandium move just last week, Australia's juniors keep proving the best deals don't always wear a heavy price tag. All it takes is a bit of nerve, timing and paperwork.

Lindian Resources has received a green light from Malawi's government, confirming its Kangankunde rare earths are exempt from an executive order banning raw mineral exports as it will process the ore locally to produce monazite concentrate. The clarification arrives just a day after Lindian's initial proactive reassurance to investors, quelling market jitters that had briefly dented the company's share price.

Reach Resources is set to mobilise a reverse circulation drill rig in mid-November for a ~5000m infill and extensional drilling program at its Murchison South gold project about 800km north of Perth in WA. The program will undertake infill drilling within conceptual pit shells to convert inferred resources to the higher indicated status, while extensional holes and rock-chip sampling will test gaps near quartz veins and old workings.

Terrain Minerals has uncovered a 66 square-kilometre shallow regolith clay basin prospective for rare earths using airborne electromagnetic (AEM) survey data at its Lort River project in the Albany Fraser belt of Western Australia, near the town of Esperance. The completed AEM survey mapped the extent, thickness and depth of the conductive regolith horizons, interpreting the scale of the basin to be 12km in length and 5.5km wide.