Public Company News

Latitude 66 has etched out a promising gold target at its Edjudina project in Western Australia's Goldfields, with an air core drilling program at its Colossus prospect targeting bedrock returning assays of up to 0.45g/t gold. The company says beneath a blanket of transported cover, the underlying geology exhibits the trademarks of Ramelius Resources' nearby 1.1-million-ounce Lake Rebecca gold project.

Beetaloo Energy Australia has completed a historic 67-stage hydraulic stimulation campaign executed by global oilfield services giant Halliburton at its Carpentaria-5H well in the Northern Territory's Beetaloo sub-basin. The campaign was wrapped up in 20 days and covered an extraordinary 2955-metre lateral section, marking what could be a turning point in Australia's quest for reliable and scalable gas supply to the eastern seaboard.

In a transformational move, BMG Resources has executed a memorandum of understanding that clears a path to toll treatment of its Abercromby gold ore at Wiluna Mining Corporation's Matilda plant. The fully operational conventional carbon-in-leach gold ore processing facility is 20km northeast of BMG's project and the company says the mill is well-suited to process its Abercromby ore.

This week's Bulls N' Bears ASX Runners of the Week is… Santa Fe Minerals, after the company scooped up a gold exploration play in a red-hot West African jurisdiction. Long-suffering Energy World shot up after it wiped more than a half a billion dollars in debt off its books, Next Science sayonara'd a chunk of its med-tech assets for $76 million and Loyal Metals picked up an super-high-grade historic copper-gold asset in central Queensland.

BMG Resources has kicked off a 30-hole reverse circulation drilling program for a planned 3000 metres at its Bullabulling North gold project near Coolgardie. The program will follow-up high-grade gold results from earlier scout drilling, which include 2m assaying an impressive 18.1g/t gold from 34m, 12m at 2.3g/t gold from 53m and 4m going 10.12g/t gold from 32m. Credit: File

Thunderbird Resources is zeroing in on high-grade gold mineralisation at its Kookabookra gold project near Armidale in New South Wales, with rock chip assays returning up to a spectacular 153.5 grams per tonne gold at the company's Mt Secret prospect. Continued surveys will direct a maiden drilling program at Thunderbird's recently acquired projects, planned for later this quarter.

St George Mining has launched advanced geophysics surveys at its Araxá niobium-rare earths project in Brazil's mining heartland of Minas Gerais. The company is flying its high-tech surveys in a quest to expand its project to become a globally significant niobium resource base. Meanwhile, the company is winding up a 10,000-metre drilling blitz at the relatively untested project.

88 Energy has secured a 12-month extension for the company's onshore Owambo Basin petroleum exploration licence in Namibia that will extend its first renewal exploration period until October 2026. The company has introduced a new stage 1 works program targeting pre-drill de-risking. The program includes an airborne gravity and magnetic survey to run later this year.

In a Red Letter Day, Meeka Metals yesterday poured the first gold from the company's Murchison gold project on schedule, within 12 months of breaking ground at its new Murchison Goldfield venture. With plant commissioning completed, management reports that production is ramping up smoothly. Meeka plans to process about 80,000 ounces of gold per year.

Latitude 66 has signed a deal to sell its 17.5 per cent interest in the Greater Duchess copper-gold joint venture in Queensland for $2 million upfront. The agreement includes a potential $4 million bonus if the entire JV is sold within 90 days. The move unlocks non-dilutive cash and aligns with the company's strategy to monetise non-core Australian assets while focusing on projects in WA and Finland.

Dateline Resources has completed a detailed geophysical survey at its Colosseum project in California, revealing signatures strikingly similar to the nearby famed Mountain Pass rare earths deposit. With early assay results showing rare earths anomalies and a 3D model on the way, the company is eyeing a potential major discovery, underpinned by its “stacked evidence” strategy to target carbonatite intrusions and gold-rich breccia pipes.

Green360 Technologies has penned an agreement to produce low-carbon retaining wall blocks with leading WA precast concrete manufacturer PERMAcast. PERMAcast will fund the purchase of a block laying machine and batching plant and the joint venture partners will split then the profits from selling the blocks into WA's mining construction market, while maintaining control of the product.