Latest NORTHSTONE RESOURCES (ASX:MRR) News

Small-cap resources led the week’s biggest moves, but sharp falls in Bounty Oil and Nyrada showed how quickly investors can sell when funding and deal terms remain uncertain.
Gold, copper, rare earths and takeover activity supplied the strongest gains, while several companies still need more cash before they can deliver their plans.

Exploration news drove the biggest share-price moves, while project funding remained the key test for developers across gold, copper, rare earths and energy. Strong drilling results lifted several small miners, but some early gains faded when investors focused on cash needs and the lack of formal reserves.

Five of nine diamond holes at Minrex's Barje deposit have returned the widest and highest-grade intersections drilled there, challenging the historical model of a low-grade central corridor. The results arrive ahead of a maiden JORC resource estimate planned for next quarter.

Minrex Resources has completed its 33-hole Barje infill program and begun a 6,604-metre greenfield campaign at Tlamino in Serbia. The drilling will test whether Barje and Liska form part of a single mineralised system extending more than 1.5 kilometres.

Minrex Resources has reported strong assay results from the first ten infill drill holes at its Barje deposit, revealing shallow, high-grade gold-silver mineralisation that supports a low-strip, high-margin open pit scenario. The company is boosting its 2026 drilling program to 9,000 metres to explore extensions along the Barje-Liska corridor.

Minrex Resources has kicked off a fully funded 7,000-metre drilling program at its high-grade Barje Deposit in Serbia, aiming to convert inferred resources to indicated and update project economics by year-end.

Speculative small caps drove the week, with Tasman Resources, Solis Minerals and Lithium Energy leading the board after funding, drilling and asset sale updates. At the other end, ASX Ltd and Arafura Rare Earths fell hard as investors reacted to higher costs and fresh equity issuance.

Small-cap materials stocks swung hard as fresh funding, mine build decisions and standout drill hits drove the week’s biggest moves. Gold, lithium, rare earths and tungsten names all drew buying, while a few raisings and weak follow-through after trading halts kept losses sharp.

Minrex Resources is set to ramp up its flagship Tlamino Gold Project in Serbia with a fully funded 7,000m drilling program aimed at upgrading its resource classification and refreshing project economics in a dramatically improved metals price environment.

Minrex Resources appoints Max Piirto as CEO to spearhead exploration and development across its newly acquired Serbian gold and copper assets following the Electrum merger.

Speculative growth names and biotech drove the biggest gains this week, while one consumer staple copped the heaviest selling after cutting guidance. Deal flow stayed busy, but investors were even more responsive to hard numbers: profit upgrades, feasibility studies, contract wins and fresh drilling results.

Drilling wins, funding deals and takeover activity drove a busy week in materials stocks. Big moves came from early-stage explorers, while larger producers won support with cash flow, mine life and deal-making.