Public Company News

MetalsGrove Mining has upgraded its Fifty-Five prospect at the Zuénoula project in West Africa, after soil sampling returned a remarkable peak soil gold value of 583ppb gold in a 3.3-kilometre-long section of a more extensive northeast-trending structural corridor. The regional sampling program has outlined seven prospects across the permit, with further infill and step-out sampling planned alongside regolith mapping and high-resolution LiDAR interpretation, ahead of drill targeting.

Beetaloo Energy is emerging as a standout in the Northern Territory Beetaloo Basin after global major INPEX farmed into nearby acreage and competitors refined their positions. With 100 per cent ownership, strong flow results and key approvals secured, the company offers a rare unencumbered entry point as corporate interest builds ahead of potential first gas in 2026.

The Bulls N' Bears ASX Runner of the Week is… Killi Resources, after a boardroom makeover lured in ex-Fortescue boss Nev Power in a bold tilt for its Mt Rawdon West gold-copper play, in Queensland. Amplia Therapeutics more than doubled after delivering another eye-popping complete cancer response in its pancreatic cancer trial, NuEnergy ripped higher in a speculative frenzy amid tightening gas supply concerns, alongside the worsening Cyclone Narelle and 4DMedical charged again after the world-renowned Mayo Clinic deployed its breakthrough CT:VQ lung imaging tech.

American West has kicked off a 5000m diamond drilling program at its West Desert project in Utah, USA, chasing multiple high-priority indium and gallium targets beyond the company's existing resource footprint. The program will test for high-grade indium-copper-silver-gold skarns in the company's Goldilocks Zone, Apex-style gallium targets along the Juab Fault and other gravity and magnetic geophysical anomalies similar to those at its West Desert resource.

Neometals Limited has delivered a compelling exploration update from its Barrambie gold-silver-copper project near Sandstone in WA's Mid West region. Newly received silver assays from drilling of the historic Rinaldi copper mine have strengthened the company's case for a coherent primary hydrothermal copper-silver system. The strong positive correlation between silver and copper downhole indicates that silver is genetically linked to a primary copper sulphide mineralising system and not just a surface effect.

Corazon Mining has kicked off a 1000m maiden diamond drilling campaign at the company's Two Pools gold project in Western Australia. The program will target high-grade mineralisation and the previously identified critical structural controls. With a refreshed corporate strategy and a parallel review of its nearby Feather Cap gold project, Corazon is aggressively moving to prove up the regional gold inventory.

MetalsGrove Mining is emerging as a focused West African gold explorer, with early soil sampling and mapping defining multiple targets at its Zuénoula project in Côte d'Ivoire. The project forms part of a larger 1315-square-kilometre landholding along a highly prospective Birimian greenstone belt, where the company is steadily moving towards drill ready targets.

Triangle Energy has locked in financing from ASX-listed Winchester Energy and Triangle's wholly owned subsidiary, Tetragon Energy, to fund an Indonesian Joint Study in an offshore oil and gas exploration license in Indonesia. The deal will spread the costs and risk while allowing the company to retain a 51 per cent stake and operatorship in any future PSC.

Lindian Resources has brought its Tipume accommodation camp online at its Kangankunde rare earths project in Malawi, enabling workforce mobilisation and removing a key logistics constraint as construction ramps up. The camp underpins Lindian's push toward first rare earths production targeted for Q4 2026.

Aurum Resources has secured firm commitments for a $28.8M placement at a premium price of 60 cents per share, anchored by Perseus Mining's $23.69M investment for a 9.9 per cent stake. With cash expected to top $60M, Aurum will push ahead with a Boundiali feasibility study and a 130,000-metre drilling program across its Boundiali and Napié gold projects in Côte d'Ivoire, West Africa.

Siren Gold's latest infill drilling campaign has kept the solid gold hits coming at its Sams Creek project, sitting at the top of New Zealand's South Island in the picturesque Golden Bay. Initial assays received for the first six holes have returned impressive numbers, including 4.8 metres grading 4.39 grams per tonne from 53.6m and a 4.2m slice running at 3.25g/t from 21.9m.

Neometals Limited has locked in a controlling stake of Utah Brine Corporation, gaining low-cost exposure to a lithium and potash brine opportunity in the Paradox Basin in Utah, USA. The venture has exclusive access to 24 inactive oil and gas wells for sampling and test work. Neometals will fund up to US$2 (A$2.82) million over three years.