Public Company News

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.

Estrella Resources is ramping up manganese extraction at its Ira Miri project in Timor-Leste after intersecting the targeted manganese horizon during pit excavation. With production underway, stockpiling on track and discussions advancing with international offtake partners, the company is closing in on delivering a 30,000t market sample and the country's first mineral export under its new Mining Code.

St George Mining's Araxá project in Brazil is starting to look like the gift that keeps on giving. Fresh drilling has punched out more thick, high-grade rare earths and niobium from surface. The results have reinforced the project's status as one of the standout carbonatite-hosted critical minerals plays in the Western world and strongly hint that a much bigger resource may be taking shape.

Corazon Mining has uncovered a whopping 4km gold anomaly at its Two Pools project in Western Australia after a comprehensive review of historical drilling and soil geochemistry. The work highlighted extensive shallow mineralisation, multiple high-priority targets and significant upside ahead of a maiden drill campaign scheduled for early 2026.

Aurum Resources has delivered fresh high-grade drill results from its Boundiali gold project in Côte d'Ivoire, extending mineralisation at depth and along strike. The results support an imminent resource update and underline the scale and continuity of the system as the company advances toward pre-feasibility studies this year.

Dalaroo Metals has ramped up its West African gold push, kicking off field mapping and drill targeting programs at its Bongouanoa project in southeast Côte d'Ivoire. The in-country geological team is now boots on the ground, advancing detailed structural mapping along key shear corridors, while early stakeholder engagement is building a solid foundation for operations.

Larvotto Resources has continued to rack up gold and antimony tonnes at its Hillgrove project in New South Wales, this time confirming broad zones of high-grade gold-antimony-tungsten across multiple lodes at its expanding Freehold exploration prospect. The 4300m diamond drilling program targeted depth extensions of historically mined old workings, with the company confident its results now validate the system's scale and depth persistence.

Terrain Minerals has kicked off diamond drilling at its wholly owned Smokebush gold and silver project, about 350km north of Perth, in WA's prospective Yalgoo mineral field. The program plans to target the company's new Lightning prospect and is aimed at firming up geological information to support the company's proposed maiden JORC mineral resource estimate slated for the second quarter of the year.

Xpedra Resources has handed the keys to a seasoned mine builder just as the drill bit prepares to bite into its promising Springfield gold deposit in New South Wales. With chunky historical hits from surface and a 25-year exploration hiatus, the company is betting fresh leadership and fresh holes can turn a forgotten play into a modern Australian gold story.

BMG Resources has landed a $2.5 million placement at 2.1 cents per share, backed by cornerstone investor Tribeca Investment Partners - an internationally recognised firm specialising in high-growth resources plays - along with European strategic participants and strong retail support. The raise will fuel an expanded exploration push across the company's WA gold portfolio and comes amid today's 29.17 per cent share price hike.

Ora Banda Mining has grabbed a saddlebag of outstanding high-grade drilling intersections, with a best hit of 14 metres assaying 18.5 grams per tonne gold. The results also included 12 metres grading 21.5 grams per tonne gold. The find points to a 7-kilometre corridor containing multiple high-grade mineralised shoots, enhancing surface mining opportunities near the company's Davyhurst Mill in Western Australia.