Dynamic Metals has sold its Lady Jane gold project in WA’s Ora Banda district for $650,000, retaining a 1.5 per cent royalty and securing a $250,000 drilling commitment from the buyer, First Au.
Murray Ward
Patriot Resources has completed maiden sampling at its Tassa silver-gold project in Peru, with a larger program now underway aimed at expanding its 31.4-million-ounce silver-equivalent resource.
Critica has added commodities heavyweight Hannah Badenach to its board as the company produces its first rare earths product samples from the Jupiter project and advances its billion-dollar Mt Lindsay project.
NeuroScientific Biopharmaceuticals has appointed Southern Star Research to run a phase two trial for its StemSmart treatment in refractory Crohn’s disease, targeting a multi-billion-dollar global market.
Lindian Resources has energised its Kangankunde rare earths project in Malawi, connecting to grid power two weeks ahead of schedule and 20 per cent under budget, de-risking its path to late-2026 production.
Southern Hemisphere Mining has kicked off drilling at its Ferro South copper discovery in Chile, following a string of wide hits. The program is testing for deeper mineralisation at its 218Mt Llahuin project.
Forrestania Resources has boosted its mineral resource at The Ladies gold project in WA to 285,700 ounces. Notably, higher-confidence measured and indicated ounces jumped 43 per cent to 100,400 ounces.
Estrella has strengthened the case for a porphyry copper system at its Laleno Dome project in Timor-Leste, with rock chips grading 1.3g/t gold,22.6g/t silver and a spectacular 45.61 per cent copper.
Orbit Resources, formerly Godolphin Resources, has hit 12.9m of semi-massive sulphides at the company’s Lewis Ponds project in NSW, as it looks to expand an existing 1.7-million-ounce gold equivalent resource.
This fortnight’s edition of Cap Raise Crucible has tracked $2.7B thundering through the ASX capital-raising machine, topped by NEXTDC’s monster $1.1 billion UBS-managed convertible note.
Solis Minerals has started drilling at its Campo Grande lithium project, part of a package of land bought from Rio Tinto. The 1000m program in Brazil’s famed lithium valley will test a 500m pegmatite corridor.
Forrestania Resources has boosted its British Hill gold resource by 21 per cent to 212,400 ounces. The update includes a 37 per cent lift in the higher-confidence indicated category to 138,100 ounces.
