Public Company News

Horizon Minerals has generated another quarter of strong cash flows from gold sales, banking $23.3M from 3689 ounces sold, while ending the period with a healthy $37.5M cash balance and 14,300 ounces of contained gold in stockpiles. The robust quarterly came amid record-high gold prices and featured the safe completion of open-pit mining at the company's Boorara and Phillips Find open pits.

The Bulls N' Bears ASX Runner of the Week is… Apollo Minerals, which dusted off the historic high-grade Salau tungsten mine in France with a fresh five-year permit. Terra Metals unleashed a monster PGM sulphide hit at Dante in the Musgraves with a whopping 4m at 6.71g/t PGE3, sparking comparisons to South Africa's Bushveld monsters and Nagambie Resources inked a juicy JV with the $2.2 billion gold-antimony producer Alkane Resources on Australia's highest-grade antimony-gold play.

Gold Fields is gearing up to re-start drilling at Great Southern Mining's extensive Edinburgh Park project in north Queensland, chasing the kind of large-scale gold systems that built some of the state's biggest mines. With multiple targets already showing the right geological fingerprints and encouraging results from one target so far, 2026 is shaping up as a pivotal year in this heavyweight exploration joint venture.

Ora Banda Mining has signed off on $63 million in key investments to crank up capacity across processing, mining and camp infrastructure at its fully-owned Davyhurst project in WA's goldfields. The centrepiece is a $10 million commitment to advance the proposed three-million-tonne-per-year standalone processing plant from its definitive feasibility study towards front-end engineering design.

Octava Minerals has begun a maiden drilling campaign at its Byro critical minerals project in WA's Gascoyne region, targeting black shales prospective for rare earths, lithium and vanadium. The program follows strong bioleaching recoveries and coincides with improved acquisition terms, sharpening the pathway toward defining a large, low-impact critical minerals system.

Meeka Metals has notched up another robust quarter at its Murchison Gold mine in Western Australia, lifting output to 9174 ounces while generating $23.9 million in cash, to take its holdings to $67.4 million. All-in sustaining costs came in at $2365 per ounce, underpinned by an average realised gold price of A$6275 per ounce on 7953 ounces sold for $49.9 million in revenue.

Horizon Minerals has continued to intersect bonanza-grade gold in drilling at its Burbanks gold project, south of Coolgardie in Western Australia, with assays confirming another stellar intercept grading up to 396.6 grams per tonne. The standout result of 2m at a whopping 235.7g/t gold from 248m depth included a 1.16-metre section grading 396.6g/t gold within a breccia zone of coarse visible gold.

St George Mining has made a strategic move to strengthen ties with the United States Government by appointing a leading government relations firm, as the aspiring producer looks to provide in-demand critical minerals, such as rare earths and niobium, from the company's groundbreaking Brazilian project to the Western world's most powerful nation.

Octava Minerals has restarted drilling at its Federation copper-zinc-silver project in western Tasmania, intersecting visible semi-massive sulphides at the Sweeney's prospect. Surface rock chips from the nearby Anomaly 1 prospect returned high-grade zinc, copper, silver, tin and indium, highlighting strong polymetallic potential across the project area.

Great Southern Mining has unveiled shallow gold hits at its Mon Ami project in Laverton, Western Australia, hinting at a potentially new parallel lode that could expand the deposit's existing 55,500-ounce resource. 2146 metres of aircore drilling was completed to target gold anomalies to the north, in hopes of expanding the existing 1.56 million tonnes at 1.11 grams per tonne resource.

Red Metal Limited's maiden drilling at its Pardoo gold project in WA's Pilbara region has intersected anomalous gold in younger cover sequences above basement rocks. Increasing gold, arsenic and antimony tenor running to the southeast has outlined a potential vector towards basement mineralisation, guiding follow-up drilling along a prospective granite–greenstone contact near the Hemi corridor.

Aurum Resources has delivered another strong set of high-grade gold hits from drilling at its Boundiali project in Côte d'Ivoire, extending mineralisation at depth and reinforcing confidence ahead of a near-term resource update. With a prefeasibility study due this quarter and $40m in cash, the company is accelerating towards development.