Public Company News

Neometals has completed five reverse-circulation holes for 495m at the historic Rinaldi copper prospect within its Barrambie project, near Sandstone in WA's Mid West. Early results have confirmed primary copper sulphides 70m below surface, including the key copper ore minerals bornite and chalcopyrite. Early results from only 10 per cent of the submitted samples include 7m at a respectable 1.72 per cent copper from 82m depth.

The Bulls N' Bears ASX Runner of the Week is… Immutep. In a slightly perverse twist, the oncology mid-cap bounced hard from last week's near-death experience, clawing back 53 per cent after a brutal 90 per cent wipeout last week. Blue Star Helium floated higher on mounting anticipation of near-term production from its Colorado-based Galactica project, with helium sales edging closer, and Patagonia Lithium rode a wave of speculation around looming results from its Lithium Triangle projects in Argentina.

Neometals Limited has delivered a positive scoping study for its Ironclad deposit at the company's fully owned Barrambie gold project in WA, pointing to a fast toll-milling run of up to 11,000 ounces of gold from an estimated 220,000 tonnes of ore at a grade of 1.8g/t. The study found that a proposed 50:50 mining services JV could fast-track mine development, with a kick-off in Q1 2027.

Patriot Resources has announced the hiring of Dominic Duggan as managing director to drive growth at its Tassa silver project in Peru. Duggan, who is already the company's chief executive officer, is a mining engineer and finance professional with more than 10 years of experience across multi-commodity underground and open pit operations, including at Rio Tinto.

Dalaroo Metals has defined a high priority 2.5 kilometre drill target at its Bondoukou gold project in Côte d'Ivoire, West Africa. Geological mapping and surface sampling have returned gold values up to 17.95g/t gold and point to a large, structurally controlled Birimian style gold system ahead of drilling.

Dateline Resources has purchased and deployed a second diamond drill rig at its Colosseum gold and rare earths project in California's Walker Lane, bringing the total number of rigs on site to three. The track-mounted rig can drill to 1,200 metres and will work alongside the existing contracted rig to complete a 12-hole rare earths program before targeting additional gold and rare earths zones. A third company-owned rig is also being deployed to test underground gold potential.

Corazon Mining has struck a deal with IGO Ltd to expand its Plutonic-Marymia gold footprint, lifting the company's contiguous landholding to 537 square kilometres. The agreement hands Corazon historic exploration data, including non-public De Beers work and opens up an underexplored greenstone corridor ripe for modern sampling and geophysics.

Red Metal Limited has linked up with ASX-listed mid-tier explorer Chalice Mining under an earn-in joint venture on ground prospective for copper-gold at Red Metal's Callabonna project in South Australia's Curnamona Province. The JV will focus on a series of magnetic and gravity targets along the site's northern margin, where wide-spaced historic drilling has identified large hydrothermal breccias reminiscent of an iron oxide copper-gold system.

Meeka Metals is preparing to install a wash plant, extra crushing circuit and Steinert multi-sensor ore sorter at its Murchison gold project near Meekatharra to lift its plant throughput from 600,000 to 800,000 tonnes per year and provide a higher-grade ore feed to the mill. The $6 million upgrade is expected to be commissioned in the September quarter.

Triangle Energy has revealed plans to spin out the company's Philippine assets and its wholly owned subsidiary Tetragon Energy, to create an Asian-focused oil and gas explorer to be listed on the ASX bourse. The plan, subject to the thumbs up from ordinary Triangle shareholders, will result in an in-specie distribution of Tetragon's ordinary shares to existing Triangle shareholders.

Siren Gold is chasing down a 7km long dyke at its Sam's Creek gold project in New Zealand that appears to be harbouring multiple gold deposits after the company landed a 19m drill hit going 1.3g/t gold 500m away from its existing 824,000 ounce resource. The new hit from the Doyles fold area includes a 9m section grading a solid 1.86g/t gold.

Dateline Resources has completed a high-resolution helicopter-borne magnetic and radiometric survey across its Music Valley heavy rare earths project in California. The survey was flown at just 30 metres altitude for maximum resolution. Data is with consultants for analysis, while REE and structural geology experts are already in the field, mapping and rock chip sampling the project area.