Public Company News

In a stunning business turnaround, Ora Banda Mining has set a quarterly production record, delivering 24,327 ounces of gold at a grade of 3.4 grams per tonne from its Davyhurst project in Western Australia’s renowned Goldfields region. The company’s cash reserves jumped 81 per cent to $48.7 million, while its share price surged 15 per cent to a 77c high today on strong trading volume.

Subiaco-based Altech Batteries has supercharged its alumina-coated silicon anodes to boost the energy capacity of lithium-ion batteries by 55 per cent after combining graphite with its high-tech anodes. The company says the game-changing results stem from its strategy to coat silicon particles with alumina, overcoming previous drawbacks associated with using silicone as an anode material.

Latitude 66 says it has unearthed high-grade gold and copper mineralisation at its Visna and Petaja prospects in northern Finland and has also worked up multiple new exploration targets before wrapping up a successful summer fieldwork program at its Peräpohja Schist Belt (PSB) project. The company is now planning further mapping at Visna before the exploration season closes down for winter.

Thunderbird Resources is racking up the uranium targets at its Cluff Lake project in Canada’s world-class Athabasca Basin, with results from a detailed electromagnetic survey lighting up a suite of intriguing conductors that may have identified favourable geological settings for yellowcake mineralisation. Several targets sit along strike from the nearby Shea Creek deposits that collectively contain 95.85 million pounds at 1.3 per cent uranium oxide.

American West Metals has delivered more thick, juicy Canadian copper hits at its flagship Storm project in Nunavut, with high-grade assays continuing to flow from both its Chinook and Cyclone deposits. The company says its latest drilling has further bolstered the Chinook deposit’s potential as an open-pit starter mine, with high-grade copper mineralisation starting from surface at the site.

A recent induced-polarisation geophysical survey run by Strickland Metals at its Rogozna gold project in Serbia has highlighted what the company says are two targets exhibiting strong chargeability anomalism. The survey identified the Jezerska Reka and Obradov Potok targets as having bigger anomalous zones, with stronger responses than the anomalies associated with its Shanac and Copper Canyon deposits that comprise a 5.4 million-ounce gold-equivalent resource.

Estrella Resources has jagged what the company says is its biggest-ever manganese outcrop in Timor-Leste – a massive supergene zone discovered 500m south of its Samalari prospect during ongoing mapping efforts. The recent find is particularly important due to the sheer scale of the manganese-iron oxides-rich outcrop that has been traced across a 1.7km strike and ranges between 2m and 6m in width.

ASX-listed Radiopharm Theranostics has joined forces with a renowned global radiopharmaceutical manufacturer to produce its cancer-fighting treatment that targets commonly over-expressed protein in human tumours. The company’s agreement with Canadian-based AtomVie Global Radiopharma has been cemented via Radiopharm Ventures – a joint venture it shares with the highly-regarded MD Anderson Cancer Centre in Texas in the United States.

With the antimony market booming and setting the share market alight, Bulls N' Bears has gone looking for the next critical metal shouting out for attention from new technologies – and it could be tungsten. Driven by demand in the industrial, renewables and defence sectors – and a shrinking supply – the alloy-hardening metal could soon join the chorus of critical minerals that are making all the noise.

Aurum Resources is on the cusp of becoming a bigger shark in the West African gold pond after circling fellow ASX-listed Mako Gold with an all-scrip bid at a whopping 112 per cent above the market price. Mako’s share price surged nearly 80 per cent on the back of the news that would create a major African gold explorer with cash reserves of AU$20 million.

Legend Mining is priming the drill bit for the Magnus prospect within at its Rockford project in WA after picking up four highly-conductive plates using its advanced high-powered fixed-loop electromagnetic survey. The most significant plate, with conductance measuring up to 5000 siemens, sits at the edge of a gravity anomaly and 550m below the deepest drilling to date, hinting at an undetected, but mineral-rich target.

Buxton Resources has unveiled high-grade iron rock chips from its Narryer project in WA’s Gascoyne region after reconnaissance sampling at its Stonehut magnetite prospect returned iron samples grading more than 41 per cent across a 2km strike. Assays included samples of up to 47.2 per cent iron, considered high-grade for magnetite, and the company will now launch follow-up programs to establish the prospect’s potential scale.