Latest Asx News

Savannah Goldfields has announced a significant new gold Exploration Target at its Red Dam deposit within the Georgetown Project, potentially expanding its resource base and supporting future production plans.

Pacgold Limited has announced a maiden JORC-compliant Mineral Resource Estimate of 854,000 ounces of gold at its Alice River Gold Project in North Queensland, underpinning an aggressive 10,000m drilling campaign to expand and upgrade the resource.

Western Yilgarn Limited has secured a significant new gold exploration area near the Glenburgh Gold Project in Western Australia, positioning itself alongside established players like Benz Mining Corp. The company is set to begin detailed geological and geophysical assessments to unlock the region’s potential.

Sun Silver Limited is launching Phase 1 metallurgical testing at its Maverick Springs project in Nevada, aiming to build on strong historical silver and gold recoveries and optimize processing strategies.

Mighty Kingdom Limited has completed its entitlement offer, raising approximately A$475,000 through the issuance of 95 million new shares, yet a significant shortfall remains to be placed with investors.

Cardiex Limited has formally lodged its CONNEQT Pulse device with Australia's Therapeutics Goods Administration, marking a critical step toward regulatory approval and market expansion.

Siren Gold Limited has secured the Queen Charlotte exploration permit, encompassing the historic Endeavour antimony mine, New Zealand’s largest producer in the 19th century, positioning the company to expand its critical minerals footprint.

Global Uranium and Enrichment Limited has completed a scoping study for its Hansen Deposit in Colorado, revealing strong economic potential through innovative mining and beneficiation methods.

Askari Metals has revealed a promising reinterpretation of historical data at its Uis Project in Namibia, highlighting significant tin, tantalum, and rubidium mineralisation adjacent to an operating mine. The findings set the stage for an expanded exploration campaign.

Mirrabooka Investments Limited has launched a $85 million non-renounceable entitlement offer at $3.06 per share, inviting eligible shareholders to increase their holdings with a top-up facility. The offer aims to bolster the company’s investment capacity amid evolving market conditions.

Brightstar Resources has locked in a US$11.5 million revolving finance facility with Ocean Partners, bolstering working capital to fuel production expansion and exploration across its Western Australian gold projects in 2025.

Magellan Financial Group’s assets under management fell to A$38.5 billion in April, reflecting $1 billion in net outflows, even as it expanded its portfolio with a new Vinva fund.