Public Company News

Novo Resources has jagged numerous high-grade gold rock chips at its Tibooburra project in northwest New South Wales, grading up to a punchy 39.9g/t at its Pioneer North prospect. The company says a string of double-digit gold assays have lit up its undrilled Pioneer prospects, highlighting numerous targets for maiden drilling.

Great Southern Mining has lit up its Duketon Gold Project in Western Australia with shallow, high-grade hits peaking at 23.9 grams per tonne gold across a 4.5km strike at its Amy Clarke prospect. The discovery sits just 8km from Regis Resources' Garden Well mill, adding another promising chapter to the company's growing Laverton-area gold portfolio.

Larvotto Resources has locked in PYBAR Mining Services to drive a four-year underground development campaign at its Hillgrove antimony-gold project in New South Wales. The deal covers 20km of decline and lateral work across the Metz, Garibaldi and Clarks Gully zones, marking another major milestone as the company accelerates towards production in 2026.

Thunderbird Resources has kicked off its first grid-based soil sampling exploration program at its 100 per cent-owned Rockvale gold-antimony project in New South Wales. The initial program is focussed on sampling at the Achill prospect, which lies 13km along strike and within the Hillgrove-Chandler fault corridor extending from Larvotto Resources' flagship Hillgrove gold-antimony mine.

Rio2 Limited has hit a major funding milestone after receiving the final US$50 million instalment from Canadian-based Wheaton Precious Metals, completing a US$175 million financing package for its Fenix Gold project in Chile. The payment clears the way for the company to push hard on mine construction at one of the Americas' biggest undeveloped oxide heap-leach gold deposits.

Octava Minerals is set to start the drill rods spinning with a 2000m diamond drilling program at its Tasmanian Federation project after uncovering overlimit indium above 500ppm, alongside standout zinc, tin, silver and copper grades from rock chips at the Sweeney's prospect. The company aims to test unmined sulphide zones in one of Australia's most promising polymetallic districts.

Green360 Technologies' eco-friendly partial cement replacement product known as “Eco-Clay” and made largely from kaolin waste streams has passed a series of verification tests with the University of Melbourne assessing that it meets Australian standards. Eco-Clay is a high-reactivity calcined kaolinite or metakaolin that can replace up to 40% of Portland cement in concrete.

The Bulls N' Bears ASX Runner of the Week is… Mount Ridley Mines, which unearthed a monster 24,584-tonne gallium resource from its WA clay rare earths project. Eden Innovations cashed in on AI data centre fever, Whitebark Energy breathed new life into its Warro gas behemoth with giant dry gas-zone revelations and Pivotal Metals pocketed $5.4m to drill Quebec's copper-nickel veins as the red metal hits record highs.

Meeka Metals has struck multiple, high-grade ore topping 300 grams per tonne gold at its Andy Well project in WA – the company's first underground mine at the Murchison project in WA. The underground development began in July, with the high-grade ore now feeding the plant and pushing October output toward 3800 ounces as the company adds a third jumbo continuing its ramp toward seven levels in ore.

Norfolk Metals is re-assaying old copper core for gold at its Carmen project in Chile as it seeks to verify historic drill results and exploit a new zone that is sporting visible copper outcrops. The project is in Chile's copper-rich Atacama region where fresh targets are now emerging in the nearby Higueritas Belt.

Rio2 Limited is entering the home straight at its flagship Fenix Gold project in Chile's Atacama Region, with mine construction now 63 per cent complete and the first gold pour locked in for January next year. The company remains on budget to develop one of South America's largest heap leach gold projects, marking a defining chapter in its rapid transformation from explorer to producer.

Thunderbird Resources is approaching the final verdict on its Slasher Flats gold acquisition in Central NSW, with the Springfield gold deposit emerging as a leading contender for early drilling. The company says the existing known high-grade hits are likely just a slice of a much bigger system that is still begging for the drill bit at Springfield. With historically limited shallow drilling having already delivered thick, near-surface gold, Thunderbird says its prospects are likely to continue to considerable depths.