Latest Asx News

Santa Fe Minerals Limited has entered binding agreements to acquire the promising Eburnea Gold Project in Côte d’Ivoire from Turaco Gold Ltd, backed by a $1.2 million capital raise at a significant premium. The acquisition positions Santa Fe to advance exploration on high-grade gold mineralisation zones with substantial growth potential.

Santa Fe Minerals has entered binding agreements to acquire the Eburnea Gold Project in Côte d’Ivoire, backed by a $1.2 million capital raise at a 61% premium. The acquisition includes promising permits with historic high-grade gold intercepts, setting the stage for an aggressive exploration campaign.

Uvre Limited has completed a $4 million equity raise to fund its acquisition of Otagold and fast-track exploration at New Zealand gold projects. The capital raise saw strong director participation, signaling confidence in the company’s new strategic direction.

Acrux Limited has secured a further $0.46 million advance on its FY25 R&D Tax Incentive, bringing total advances to $2.19 million and supporting its pharmaceutical product development and working capital needs.

Golden Mile Resources has reported encouraging initial assay results from its maiden drilling campaign at the Pearl Copper Project in Arizona, revealing significant copper, lead, zinc, and silver mineralisation. The findings support the potential for a substantial mineralised system and set the stage for further exploration.

Australian Oil Company Limited has resolved a significant financial dispute with former director Gary Jeffery, involving loan forgiveness and a substantial share issuance that strengthens its balance sheet and refocuses management on growth.

Anax Metals has mutually withdrawn its arbitration against a cornerstone investor over exclusive marketing rights, keeping its convertible notes valid and avoiding immediate financial disruption.

Bryah Resources’ subsidiary has acquired a 0.75% net smelter return royalty over key tenements in the Bryah Basin manganese project, streamlining the asset and enhancing future strategic options as the project advances towards production.

Flynn Gold has initiated its first diamond drilling campaign at the newly discovered Grenadier Prospect in Northeast Tasmania, targeting high-grade gold zones identified through recent trench sampling. Concurrently, drilling at the Trafalgar Prospect confirms mineralisation extensions, with further assay results awaited.

Finder Energy has successfully raised $6 million through a placement led by major shareholder Longreach Capital, aiming to accelerate its Kuda Tasi and Jahal offshore oil development towards a Final Investment Decision.

LCL Resources has extended the known gold-copper porphyry mineralisation at its Dada project in Papua New Guinea through new trenching and pit sampling, revealing promising grades and open-ended potential.

The Calmer Co. International Limited has reported a striking 86% revenue jump to over AU$8 million in FY25, propelled by diversified sales channels and a strategic US expansion highlighted by new flavoured kava shots launched exclusively on Amazon USA.