Latest Orbminco (ASX:OB1) News

Micro-caps stole the spotlight, led by a boardroom reset at Killi and a blockbuster cancer update from Amplia. Energy explorers and a few big raisings moved the other way, as traders sold hard into fresh dilution and weak price action.

A boardroom shake-up and a fresh placement sparked the week’s biggest move, while critical minerals deals kept drawing buyers. Gold explorers also ran hard on drill hits, but several gapped stocks showed how fast early moves can fade.

Orbminco Limited has announced a significant update to its Majestic North Gold Project resource, increasing contained gold ounces by 127% and highlighting a high-grade domain that could accelerate mining plans.

Orbminco Limited has issued 62.5 million shares to raise $1 million as part of a staged capital raising, with shareholder approval for the next tranche expected in March.

A single exploration name blew the doors off the leaderboard, while two well-known uranium plays and a Nevada explorer sank hard. Behind the noise: deals got closer to completion, big raisings reset prices, and several “good news” gaps didn’t survive the week.

A single drill program in WA delivered a once-a-year spike, while several small caps fell hard after reopening with price gaps. This week also saw big money raised for gold and uranium builds, and a run of resource upgrades across critical minerals.

Orbminco Limited reports promising interim infill drilling results at its Majestic North Gold Project, confirming high-grade shallow gold zones and potential southern extensions. The company also secures $5 million in a two-tranche placement to accelerate resource delineation and development.

Orbminco Limited has completed its acquisition of the Majestic North Gold Project and initiated an infill drilling program to boost resource confidence. The company also refreshed its leadership with new technical and board appointments as it charts a strategic path forward.

Orbminco Limited has completed a promising maiden drilling program at its Majestic North Gold Project, while refreshing its board and consolidating shares to sharpen its strategic focus on Australian gold assets.

Orbminco’s maiden drilling at Majestic North confirms robust shallow gold mineralisation, underpinning its planned acquisition of the project. High-grade intercepts highlight promising exploration upside.

Orbminco Limited is proposing a 20 – 1 consolidation of its issued shares to streamline its capital structure and broaden investor appeal, with shareholder approval sought in September.

Orbminco Limited reports promising new geophysical survey results at its Bronze Fox Project in Mongolia while navigating a significant tax dispute currently under appeal.