Public Company News

Larvotto Resources has received US$4 million (A$6.2m) as pre-payment from Wogan Resources' sister and financing company Xcelsior Capital under an exclusive antimony off-take agreement with Wogan. The agreement, signed on December 2, will see Wogen provide exclusive global off-take sales for Larvotto's antimony concentrate produced at its Hillgrove project.

Latitude 66's diamond core drilling at its key KSB gold project in Finland has extended its K8 prospect in both strike directions, with latest results including a best run of 3.1m assaying 6.1g/t gold from 41.8m. The top-shelf result, coupled with the second best hit of 3.2m going 1.3g/t gold from 25m, points to extension potential at the southwestern and northeastern extremities of the mineralised trend.

Thunderbird Resources is poised to launch a maiden on-ground exploration program at its recently acquired Rockvale-Kookaburra antimony-gold project immediately north of Larvotto Resources' storied Hillgrove project in NSW. The preparation included detailed desktop analysis with encouraging results covering more than 100 years of exploration and mining history at the site, with boots now expected to be on the ground in January.

Aurumin is betting on striking gold at its Central Sandstone gold project in Western Australia, with results from its latest reverse-circulation (RC) drilling program to be revealed early in the ne

ABx Group and its subsidiary ALCORE are redefining the circular economy by turning waste into opportunity and have garnered the Tasmanian Government's support along the way. Tassie will provide indicative terms and conditions for a $1 million, zero-interest loan to fund the construction of a continuous pilot plant to trial its world-first proprietary process that produces industrial chemicals from waste generated during aluminium smelting.

Ora Banda Mining has extracted first ore at its new WA Sand King underground gold mine, just four months after opening the portal. Full-scale mining is set for March, with 60,000 ounces of gold per year expected by mid-year. The Sand King mine is a key piece of the company's ambitious Drive to 150 plan, aiming to produce up to 160,000 gold ounces annually by mid-2026.

Altech Batteries has sealed a third offtake agreement with Axsol GmbH, a defence market renewable energy solutions supplier for NATO based in Germany. The partnership is set to provide Axsol with up to 120MWh of energy storage over the first five years from Altech's groundbreaking lithium-ion battery alternative Cerenergy solid-state salt batteries.

Meeka Metals' infill drilling at its WA Murchison project has revealed high-grade gold at the Turnberry and St Anne's prospects, boosting plans to expand its production schedule. The key results at Turnberry included 9m grading 16.83g/t gold, including 5m at an eye-catching 29.02g/t gold while at St Annes the best hits included 11m grading 13.01g/t gold, with a sizzling 4m section running at 30.66g/t gold

Aurum Resources has unveiled spectacular gold intercepts at its Boundiali gold project in northern Côte d'Ivoire with one 1.19m hit grading 277.54 g/t gold from 31m depth at its BM prospect. The drilling program included 76 diamond drill holes at the Boundiali BM and BD prospects, covered more than 21,700m of drilling and delivered a plethora of high-grade finds.

First-pass air core drilling by Kalgoorlie Gold Mining on a blind target at its Kirgella West prospect, 140km northeast of Kalgoorlie, has been rewarded with good hits up to 3.66g/t gold over a 1200m strike. The 63-hole, 3518m program is adjacent to KalGold's Kirgella Gift and Providence deposits, with their combined 76,400 ounce gold inferred resource, and produced strong gold anomalism and potentially economic gold grades over a wide area.

Horizon Minerals has tabled a solid set of numbers from a prefeasibility study into its Penny's Find gold play, 50km northeast of Kalgoorlie, in WA, predicting a free cash flow of $24m at a gold price of $3600 per ounce. The study reveals a profitable underground mining scenario with a production target of 329,900 tonnes of ore at a grade of 3.2 grams per tonne gold for 33,500 ounces.

GreenTech Metals has launched a 4000m stage two diamond core drilling program at its Whundo copper-zinc-silver project in WA's West Pilbara region. The program aims to test electromagnetic conductors generated from previous surface fixed-loop and downhole electromagnetic geophysical surveys of previous drill holes to identify and potentially expand the project resource.