Latest Asx News

Megado Minerals is poised to kick off its maiden drilling campaign at the Iberian Copper Project in northern Spain, targeting historic copper oxide deposits and exploring for deeper sulphide mineralisation with new geophysical surveys underway.

Aurora Labs has landed a $1 million Australian Government grant, matched dollar-for-dollar, to boost production of its micro gas turbine propulsion systems for defence applications using commercial 3D printing technology.

Nelson Resources has appointed Nevada Rand LLC to lead the next phase of underground diamond drilling at its Gold Point Project in Nevada, targeting high-grade vein extensions beyond historic workings.

Xenitra Limited has locked in a four-year exclusive distribution agreement for Biomiq Skincare in Greater China, targeting $5 million in minimum purchases and integrating the brand into its blockchain tokenised sales ecosystem.

Union Star Metals (ASX: USM) has identified a significant concealed gold target beneath shallow volcanic cover at its Cobb Creek Project in Nevada, with integrated geophysical and geochemical data converging to define the prospect. Drilling is targeted for September 2026 following upcoming DDIP surveys and advanced permitting.

Black Bear Minerals has engaged Ausenco for detailed restart studies at its Shafter Silver Project, while securing a non-binding financing support letter from Export Finance Australia to explore funding pathways aligned with U.S.-Australia critical minerals priorities.

Bison Resources has appointed Tim Mackellar as CEO, leveraging his senior mining and capital markets experience to drive exploration and development efforts.

Tarrina Resources has identified five high-confidence sulphide chargeability anomalies at its Walparuta IOCG Project, including a large, untested target that aligns with magnetic and gravity data. Historic drilling validates the geophysical model, setting the stage for imminent drill testing.

Cosmo Metals has reported robust rock chip assays from its Everest-Mona-Victory Trend in NSW, revealing significant copper, gold, and silver mineralisation and advancing towards its first drill program.

Zenith Minerals’ latest 10-hole RC drilling campaign at its Consolidated Dulcie Gold Project validates mineralisation continuity and extends gold lodes beyond previous resource limits, setting the stage for a more ambitious follow-up drilling program.

Collins Foods has expanded its German presence by acquiring eight KFC restaurants in Bavaria, increasing its portfolio by 50% and strengthening its growth strategy in Europe.

FMR Resources has identified several large-scale magnetic intrusive centres beneath known copper-gold mineralisation at its La Lorena Project in Chile, setting the stage for drill testing in late 2026.