Public Company News

Ora Banda Mining has delivered a tenfold resource boost at its Round Dam deposit, catapulting the project's inventory to 1.33 million ounces of gold. The massive uplift supercharges the company's global resource to 3.3 million ounces, with the new deposit considered entirely suitable for low-cost open-cut mining. Management says the mineralised trend remains largely underexplored, with more drilling planned.

Corazon Mining has inked a diamond drilling contract with K-Drill for its wholly owned Two Pools gold project in Western Australia. The maiden program covers four holes for 1,000 metres, including a 400-metre test of a 300-metre north-west extension. Heritage and Program of Work approvals are complete, with drilling due to start once the final heritage report is received.

St George Mining has encountered more thick, high-grade rare earths and niobium intercepts from surface at its giant Araxá project in the state of Minas Gerais in Brazil. New assays from 16 diamond holes have confirmed strong continuity and depth persistence, including up to 160.65m at 3.74% total rare earth oxides and 0.54% niobium pentoxide.

Dateline Resources has massively expanded its Music Valley heavy rare earths project in California, stacking on an additional 1800 per cent of landholding to create a district-scale landholding of more than 20,520 acres. The move consolidates nearly 9km of prospective ground as the company's airborne geophysics survey and on-ground mapping programs get into full swing.

Kalgoorlie Gold Mining is about to put the pedal down on exploration at its Pinjin gold project in Western Australia's Laverton Tectonic Zone, locking in multiple drilling programs set to begin in mid-April. The campaign will chase extensions at its existing deposits, test deeper gold below known mineralisation and probe a suite of fresh structural targets across one of the Goldfields' most productive geological corridors.

St George Mining has bolstered its Brazilian leadership ranks with the appointment of a highly experienced local geologist as it pushes ahead with development studies at its rapidly emerging Araxá rare earths and niobium project. The strategic hire comes hot on the heels of a major resource upgrade and signals the company is shifting its focus from exploration success towards mine planning and development.

Horizon Minerals has pocketed another $10 million from its Phillips Find joint venture after completing mining and five toll-treatment campaigns. The project has processed 225,988 tonnes at 2.02g/t gold for 14,095 ounces of gold from five toll treatment campaigns, with more cash expected next month after final reconciliation. Horizon says the funds have strengthened its balance sheet as the company progresses its Black Swan processing hub plan.

Neometals Limited has upgraded the Ironclad gold resource at its Barrambie gold project in Western Australia's Mid West from 13,000 ounces to 285,000 tonnes at 1.6g/t gold for 15,000 ounces, with 86 per cent of the gold now in the higher-confidence indicated resource category. The update will bolster completion of Neometals' planned scoping study targeted for this month and support mine planning and approvals.

Chariot Resources soared more than 50% after the government approved the transfer of six licences into a joint venture with local partners, clearing a key regulatory hurdle for its Nigerian lithium portfolio. The approvals cover four exploration licences and two small-scale mining leases previously held by Continental Lithium, which will now be incorporated into a new company called C&C Minerals.

St George Mining has clinched a spot in the ASX All Ordinaries after a meteoric rise driven by its world-class Araxá rare earths and niobium project in Brazil, with its market value rocketing to $500m. The company says index inclusion should lift its profile and potentially improve liquidity, as it nears development in Minas Gerais.

Xpedra Resources has kicked off reverse circulation drilling along a neglected and poorly tested 1700-metre-long high-grade gold intrusion at its Springfield prospect, near Gulgong in central New South Wales. Extensional and deep drilling will assess thick, shallow, high-grade gold intercepts that remain open in all directions and have not been worked on since 1999.

Dalaroo Metals has landed significant grades from scout rock-chip sampling at its Bondoukou project in West Africa. Four of six quartz samples returned grades between 3.59 and 17.95g/t gold from quartz reef material exposed in artisanal workings extending about 600 metres along strike. The company is continuing its evaluation of the project, with mapping and geochemical sampling underway.