Latest Asx Small Caps News

Cazaly Resources has extended anomalous gold mineralisation more than 400 metres south at Hastings, including a shallow 7-metre zone grading 1.2g/t. The company now plans 2,500 metres of RC drilling at Hastings and an initial test of unverified historical high-grade results at Gulls Blow.

Turnstone Resources has moved A$25,000 of its A$1.1 million placement into the immediately available tranche, reducing the amount still dependent on shareholder approval. The company expects to settle the raising this week, with directors committing A$165,000 to the conditional tranche.

Ordell Minerals has completed about 25,000 metres of drilling at its Barimaia gold project and begun a further 14,000-metre campaign aimed at delivering a maiden Mineral Resource Estimate for McNabs East in the December 2026 quarter. The exploration push comes as the pre-revenue company reports an increased annual loss but a stronger $8.2 million cash balance after equity raisings.

Patriot Resources Limited has secured a $500,000 share placement at a 28% premium and entered a 24-month marketing agreement with Next Investors to boost investor engagement for its Tassa Silver Project in Peru.

ECP Emerging Growth Limited reported a 6.9% portfolio loss for H1 2025, underperforming the ASX Small Ordinaries Index, yet declared a fully franked interim dividend and teased a significant special dividend.