Latest Asx News

Eagers Automotive has finalized its majority acquisition of CanadaOne Auto, positioning itself among the world’s largest automotive retail groups with combined pro-forma revenue nearing A$19 billion.

Dreadnought Resources has confirmed near-complete gold recoveries from metallurgical tests at Metzke’s Find, underpinning a planned resource upgrade and scoping study for its Illaara Gold Project.

Alchemy Resources has finalised the sale of its Karonie and Lake Rebecca projects to Forrestania Resources, securing over 7.7 million shares and a royalty, while gearing up for copper exploration in New South Wales.

Redcastle Resources has secured a 60% earn-in to the Kilkenny Belt Package, adding 64km² of tenements adjacent to its existing Eastern Goldfields holdings and reinforcing its dual strategy of near-term development and regional exploration.

Maritana Minerals has delivered further high-grade gold intercepts from its Burbanks project in WA, reinforcing geological confidence and setting the stage for a June Mineral Resource update.

PC Gold has reported high-grade gold intercepts extending the Main Zone at Spring Hill by 120 metres south, with mineralisation now found within the existing pit shell and drilling ramping up to accelerate resource growth ahead of a June update.

Pacgold Limited has poured its first gold doré bar from the White Dam Gold Project, signalling its shift from exploration to production and initiating cash flow to support growth.

Black Canyon is progressing its Wandanya Project with robust drilling and beneficiation results, underpinning a large manganese resource and promising scoping study economics.

Xstate Resources reports smooth progress at its Diona-1 well in Queensland, completing stimulation and preparing for a 14-day flow test after detecting methane gas during flowback.

Magnetic Resources NL has reported significant new drilling results at its Lady Julie North 4 deposit, confirming multiple thick, high-grade gold zones and extending mineralisation down to 640m, with the resource remaining open at depth.

Podium Minerals has delivered strong assay results from 17 metallurgical drill holes at its Parks Reef project, confirming geological models and revealing significant high-grade platinum group metal intercepts.

Forrestania Resources has secured the Karonie Gold Project in the Eastern Goldfields, adding a JORC-compliant inferred resource of 185,700 ounces and expanding its strategic footprint near key processing hubs.