Latest Asx News

Lake Resources has updated its lithium ore reserve for the Kachi Project in Argentina, unveiling an optimized mine plan that boosts lithium grades and recovery while cutting costs and environmental impact.

Miramar Resources has confirmed multiple gold mineralisation zones in its inaugural drill hole at the 8 Mile prospect, signalling promising extensions of the nearby 8-Mile Dam deposit. Further geophysical surveys and drilling are planned to delineate the scale of this discovery.

Magmatic Resources has launched a new phase of exploration at its Weebo Gold Project in Western Australia, backed by promising high-grade gold assay results and fresh tenement applications.

Olympio Metals has reported a striking new high-grade gold intersection of 1.5m at 54.2 g/t Au at its Paquin Prospect within the Bousquet Project, Quebec, highlighting expanding mineralisation along the Cadillac Break.

Traka Resources has announced a $2.5 million capital raise through a two-tranche placement, alongside significant board and executive changes that could reshape its strategic direction.

WIN Metals Ltd has secured a binding agreement to acquire the high-grade Radio Gold Mine in Western Australia, positioning itself for near-term gold production with existing infrastructure and promising resource upside.

Dynamic Metals and Mineral Resources have formalised their Widgiemooltha Lithium Joint Venture with key amendments, including a two-year earn-in extension and a streamlined tenement portfolio.

Patronus Resources (ASX – PTN) reveals a robust financial position with $81 million in cash and investments against a $106 million market cap, underpinned by 2.3 million ounces of gold equivalent resources across Western Australia and Northern Territory.

Patronus Resources has reported significant high-grade gold intercepts from air-core drilling at its Cardinia Gold Project, revealing new zones of mineralisation and advancing its joint venture with Golden Mile Resources.

Wildcat Resources has announced a promising new lithium discovery at Bolt Cutter Central near its Tabba Tabba project in Western Australia, with maiden drilling revealing multiple high-grade pegmatite intercepts open in all directions.

Veris Limited has announced the renewal of its on-market share buy-back program, aiming to repurchase up to 10% of its shares over the next year. This move reflects confidence in its financial position and current market conditions.

Terrain Minerals has wrapped up a significant 4,995m drilling campaign at its Smokebush Gold Project, with assay results expected in September 2025. The company is simultaneously advancing exploration across multiple Australian projects targeting gold, gallium, copper, lithium, and rare earth elements.