Public Company News

Dateline Resources has reported strong step-out drilling results at its Colosseum project in California. Best hits included 150m at 1.39g/t gold from surface, featuring a 55-metre section grading 2.83g/t gold. The hole targeted the northeast extension of the North Pipe breccia system beyond the current mineral resource boundary and ended in mineralisation, confirming the system remains open at depth.

BMG Resources is set to kick off a major 10,000m diamond drilling resource expansion program this month at its Abercromby gold project, 30km southeast of Wiluna in WA's eastern goldfields. The program is primarily aimed at expanding the existing 518,000 ounce gold resource estimate at the project and will be the first significant drilling at the project since the definition of the maiden resource estimate in 2023.

Novo Resources has dusted off its Belltopper gold project in Victoria after boosting its exploration target to between 2.1 and 3.1 million tonnes of high-grade resources running 6.7 to 8.9 grams per tonne gold. The company says it has now outlined between 460,000 and 880,000 ounces of high-grade gold, with the upgraded figures accelerating plans for follow-up exploration in the world-class Bendigo goldfields.

Early drilling results from Estrella Resources' Werumata limestone project in Timor-Leste have pointed to a bounty of clean, high-purity limestone, with intersections up to 55 metres thick, averaging a rich 84 per cent calcium carbonate. The broad, consistent intersections support the company's push towards its objective of defining an inferred mineral resource of at least 500 million tonnes from the interpreted large-scale calcite deposit.

Lindian Resources has kicked off stage two resource definition drilling at its Kangankunde rare earths project in Malawi, targeting a significant upgrade in resource confidence. The campaign is designed to convert between 20 and 40 million tonnes from the inferred category to the indicated class. This work will support mine planning and potential production growth, helping extend the life of one of the world's largest undeveloped rare earths deposits.

Dalaroo Metals has enlisted rare earths industry pioneer Greg Barnes as a special advisor for its Greenland critical minerals project amid plans to pursue a secondary listing on the US Venture market. Barnes is best known for founding two of Greenland's most significant rare earths projects, the Kvanefjeld deposit and the Tanbreez project.

The latest geochemical results from Novo Resources' Wyloo gold-silver-antimony project in WA's southern Pilbara have confirmed multiple targets, paving the way for the company's first drilling of the project. Recent work has significantly upgraded the Wyloo SE prospect, where a confirmed polymetallic vein system carrying silver, antimony, arsenic, zinc and lead warrants early testing.

Exceptional metallurgical test results from Reach Resources' Murchison South gold project in Western Australia, showing up to 97 per cent recoveries, have confirmed that its proposed ore is free-milling, relatively soft and highly amenable to conventional gravity and cyanide leach processing. The results have demonstrated that the material is ideal for third-party toll milling or ore purchase agreements at nearby facilities.

Dateline Resources is homing in on what could be the deeper heart of its Colosseum gold and rare earths project in California after a suite of new geophysical surveys lit up the ground beneath the old pits. With gravity, magnetics, radiometrics and earlier IP data now converging, the company is about to put the theory to the test with diamond rigs.

Lindian Resources has ordered critical long-lead processing equipment for its Kangankunde rare earths project in Malawi, strengthening construction certainty as site activity accelerates. The company is now working on multiple fronts, with major milestones locked in for 2026 and first concentrate targeted for November, positioning Kangankunde as a future globally significant rare earths producer.

Xpedra Resources has secured final NSW Government approval for its proposed maiden drilling program at its fully-owned Springfield gold deposit near Gulgong, about 210km northwest of Sydney. The drill rig is set to mobilise in the coming weeks once it completes its current task, with a mid-to-late February start, marking the first drilling program at the project since 1999.

The Bulls N' Bears ASX Runner of the Week is… Solstice Minerals, after it uncovered blockbuster high-grade copper-gold hits at its Nanadie project in WA. Alma Metals surged on huge copper intercepts and scale at its Briggs project in Queensland, contracting group RBR Group jumped after the Mozambique LNG got a green light for the restart of construction, with 4000 workers back on site and First Au raised $5.6 million to follow up fresh high-grade hits at its Gimlet gold project in WA.