Public Company News

Middle Island Resources has outlined an extensive lead-zinc target in Serbia after its first soil-sampling program at the historic Tisovik lead mine returned a widespread anomalism. The company says the mineralisation remain open to the north where sampling lines near the projected strike of the “Tisovik limestone” - the same geological unit that historically produced exceptional lead grades during multiple mining phases dating back to the 1930's.

Larvotto Resources has unveiled a prospective and potentially lucrative third revenue stream at its Hillgrove gold-antimony project in NSW, with metallurgy delivering 90 per cent tungsten recovery adding another highly strategic resource to its inventory. The news follows recent assays from its Freehold prospect that delivered broad, high-grade antimony-gold zones alongside surprise tungsten grades, the company has begun painting the picture of a new tungsten system with some serious economics legs.

Aurum Resources has delivered more bonanza-grade gold hits, including a stunning 3.1 metres at 70.78 g/t gold from its drilling program at the company's 2.41 million ounce Boundiali project in West Africa. The intercept is part of a broader 5.10m intercept at 43.13g/t gold from just 112.9m that lies outside Aurum's current gold resource estimate for its 16.2 million tonne BMT3 deposit.

Dateline Resources has delivered a set of thumping gold hits at its Colosseum project in California with broad, consistent mineralisation uncovered beneath and within the current pit shell. The results support a major upgrade to the company's resource base, reinforcing confidence in the geology and giving fresh momentum to its bankable feasibility study as it moves the historic mine closer to a modern restart.

Moonlight Resources is preparing to step onto the ASX with a $10 million float designed to fast-track a maiden resource at its Clermont gold project in Queensland while exploring a vast rare earths and uranium frontier in the Northern Territory. With strong technical leadership, inherited datasets and drill-ready targets, the company is positioning itself to ride the gold and critical minerals wave.

Red Metal Ltd says it has made a major breakthrough in metallurgical testing of its rare earths ore from the company's Sybella project in Queensland that will result in less impurities and higher grades. The company has managed to replace the standard two-stage impurity removal process with a simple Ion exchange process that will lower costs and increase purities.

ASX listed Neometals has welcomed the backing of the Government of Finland which will contribute a €48.7M (A$86.8M) grant towards the building of a vanadium recycling plant in the Finish port of Pori. The plant will recycle vanadium industrial waste streams using technology developed by Neometals which owns 86% of the €400M project and a 2.5% royalty over it.

Terrain Minerals is getting set to launch a 4500m reverse circulation drilling program at its 100%-owned Lightning gold-silver prospect in WA's Murchison, targeting a maiden JORC resource by mid-2026. The 21-hole campaign aims to extend known high-grade zones, test new magnetic targets and will probe a potential repeat discovery at Lightning, with first assays due mid-February.

American West Metals has geochemically mapped a monster 4km-long copper anomaly at its Storm project on Somerset Island in Canada, confirming another parallel structural corridor to its known high-grade deposits. The new Chevron prospect, along with fresh sulphide hits at Squall, Tornado and Cyclone, is rapidly defining a district-scale opportunity across the Midway–Storm–Tornado corridor in Nunavut's Arctic copper fields.

Larvotto Resources has come out swinging at its Hillgrove project in NSW, with first pass diamond drilling at the Freehold prospect delivering broad, high-grade antimony-gold zones alongside a surprise tungsten hit. The early numbers confirm continuity along multiple lodes and hint at the rise of a new underground mining hub just 1.2km from the company's existing processing plant.

Augustus Minerals has expanded its push into PNG, home to multiple elephant sized mineral deposits, with an EL application covering 1906 sq km in the prospective Vanapa River region, 35km north of Port Moresby. The move follows a recent site visit by management, where local artisanal miners were extracting decent amounts of alluvial gold within the application area, part of the 2300km long New Guinea Metallogenic Belt.

The Bulls N' Bears ASX Runner of the Week is… antimicrobial waste warrior Zoono Group, which peaked 280 per cent higher after inking a deal with Africa's biggest packaging giant for its shelf-life extender. ReNerve announced its regenerative nerve-cuff had been green-lit across the US DoD's military hospitals and veteran wards driving its stock price skywards while Stealth Group shares also shone after the company bolted on a $22m hardware buying empire to create a Bunnings-busting wholesale beast. And copper-gold explorer Havilah Resources locked in a $240m deal with Sandfire to fast-track its Kalkaroo monster into production.