Public Company News

St George Mining has unearthed a second high-grade rare earths discovery at its world-class Araxá project in Minas Gerais, Brazil. The impressive discovery lies 1km northeast of its existing 41Mt niobium-rare earths resource within the richly endowed Barreiro carbonatite. Initial assays from the auger drilling program suggest a substantial expansion of the already globally significant Araxá deposit.

Latitude 66 Ltd has divested its 17.5 per cent stake in the Greater Duchess copper-gold joint venture in Queensland to partner Carnaby Resources for $6 million, comprising $2 million cash and $4 million in shares. The non-dilutive transaction will enable Latitude 66 to advance its more significant exploration ventures in Western Australia and Finland.

Perth-based stem cell therapy pioneer NeuroScientific Biopharmaceuticals is transferring its patented StemSmart technology to one of Australia's biggest and most experienced manufacturers to scale up clinical-grade production, ahead of the commercialisation of its infusion therapy for hard-to-treat conditions, starting with Crohn's disease. Queensland-based Q-Gen Cell Therapeutics specialises in manufacturing cellular immunotherapies for national and international clinical trials from 13 cleanrooms dedicated to cell manufacturing and quality control.

Larvotto Resources has fired the starter's gun on its $140 million Hillgrove antimony-gold project in NSW after locking in a US$105 million bond and $60 million equity raise. With early works already underway, the fully funded operation is targeting first production in Q2 2026. Hillgrove is poised to become the only new source of antimony outside China within the next four years.

Legend Mining has lit up eight gold and base metal soil anomalies at its newly acquired Pinnacle Well project in WA's northern Goldfields. Located near major gold and base metal operations, the project spans a 110sq.km block and features high-grade historical hits, quartz veining, gossans and key regional fault structures. Drill targeting is now underway.

Solara Minerals' moving loop geophysical survey at DeGrussa West, 17km from Sandfire's famed DeGrussa copper-gold mine, has defined two large north-dipping conductive plates with strong gold and copper potential. Coinciding with magnetic anomalies and favourable structural features, these high-priority targets are set for drilling, with permits approved, following the company's recent acquisition of OD4 Tom Price.

Ora Banda Mining has charged into FY26 with soaring gold production at its Davyhurst project in WA's Goldfields and a new gold discovery that could reshape its future. With the Sand King underground mine now hitting its stride and a 1km multi-lode system uncovered at Little Gem, the company is flexing its muscle across all operations, backed by a strong $84.2 million cash position and $73 million earmarked for exploration.

St George Mining has delivered Brazil's first rare earths sample from its Araxá niobium-rare earths project to MagBras for magnet production studies, potentially pioneering Brazil's magnet rare earths supply chain with a sample sent to MagBras for magnet production studies. The 30kg rare earths oxalate sample, derived from the company's 100%-owned Araxá project, marks St George as a frontrunner in Brazil's emerging rare earths supply chain.

Aguia Resources has struck a high-grade gold and silver system in its debut drill campaign at the Santa Barbara project in Colombia. First assays from five holes included visible gold and grades up to 44g/t, while underground sampling turned up monster hits north of 85g/t gold. The drilling has confirmed mineralisation continuity beneath current workings and sets the stage for a much larger exploration push.

Kula Gold/Aurumin Ltd have reported a 98,534-tonne maiden resource grading 0.63g/t gold for tailings at their joint venture Mt Palmer project in WA's Goldfields, boosting the project's early monetisation potential. The inferred resource, defined by 60 air core drill holes, contains 1996 ounces of gold at a 0.4g/t cut-off, with preliminary metallurgical testwork showing an average 86 per cent gold recovery rate.

Melbourne executive Nathan Smith will take the reins as CEO at NeuroScientific Biopharmaceuticals, bringing his strategic and commercial nous as the company gears up to release its innovative StemSmart stem cell technology. This is the Perth-based biotech's second heavy-hitting appointment, after it recruited a well-credentialled chief medical officer in Perth-based paediatric haematologist and oncologist Dr Catherine Cole.

Great Southern Mining has kicked off diamond drilling at its Edinburgh Park project in northern Queensland, with three deep holes planned at Leichhardt Creek. Backed by a $15 million Gold Fields Ltd JV, the campaign is targeting massive IP anomalies that mirror geological signatures seen at other nearby major gold-copper systems. With its Mt Dillon prospect up next, the drill bit could be edging closer to a major discovery.