Latest Asx News

American West Metals Limited has reported exceptional assay results from historical mine dumps and surface rock sampling at its West Desert Project in Utah, revealing significant grades of critical metals including copper, silver, indium, germanium, and tellurium. A 5,000-metre diamond drilling program targeting newly identified high-grade zones is currently in progress.

American Uranium Limited (ASX:AMU) has secured A$2.64 million through a placement after upgrading its Lo Herma uranium resource to 9.45 million pounds eU3O8 with improved grade. The company also plans a non-renounceable rights entitlement offer to raise up to A$2.58 million, supporting further drilling and technical studies ahead of a Q3 2026 Scoping Study.

Locksley Resources has initiated a four-hole diamond drilling program at its El Campo Rare Earth Element Prospect within the Mojave Project, aiming to test high-grade mineralisation continuity near a major US REE mine.

Careteq Limited has finalised the sale of its Embedded Health Solutions subsidiary for approximately $5 million, repaid related vendor loans, and plans to concentrate on growing its HMR Referrals platform amid ongoing regulatory and compliance considerations.

OD6 Metals has announced continuous and high-grade fluorspar mineralisation at its Quinn Fluorspar Project in Nevada, with channel sampling returning 12 metres at an average grade of 40.8% CaF2, including a peak of 54.0% CaF2. These results validate historic data and indicate a large-scale breccia replacement system with significant untested potential.

Golden Mile Resources Ltd (ASX: G88) has secured a binding joint venture to earn up to 95% interest in the Leviathan Porphyry Copper-Molybdenum Project in Arizona, with initial sampling confirming significant copper and molybdenum mineralisation and exploration set to begin in April 2026.

Patagonia Lithium Ltd (ASX:PL3) has reported exceptional porosity and specific yield results from Well Six at its Formentera Lithium Brine Project in Argentina, alongside a lithium assay of 412ppm. These findings support a sustainable pumping rate of approximately 160,000 litres per hour and underpin plans for an updated Mineral Resource Estimate.

TerraCom Limited announces the resignation of Managing Director Danny McCarthy effective 30 April 2026, with Chris Bourke appointed as interim CEO. McCarthy will support the transition until September 2026, while the Board confirms no changes to operational or strategic priorities.

Reach Resources Limited (ASX: RR1) has announced a 30% increase in the Mineral Resource Estimate for its Blue Heaven deposit at the Murchison South Gold Project, now totaling 80,000 ounces of gold at an improved grade of 3.0 g/t Au. The near-surface resource supports potential open pit mining with high metallurgical recovery and favourable infrastructure access.

EcoGraf Limited has initiated a US$9 million farm-in agreement with AngloGold Ashanti at its Golden Eagle Project in Tanzania, alongside promising exploration results at the Hazina prospect. The company is evaluating strategic options to maximise value from its extensive Tanzanian gold portfolio while progressing its flagship graphite and battery anode projects.

Orora has lowered its FY26 EBIT forecast for its Saverglass business due to direct operational impacts and indirect market shifts stemming from the ongoing Middle East conflict, while maintaining stable guidance for other segments.

DGL Group Limited has agreed to sell two chlor-alkali manufacturing plants for $2.5 million, well below their carrying value, reflecting a $5.3 million impairment charge. The sale aligns with the company’s strategic focus on core operations and is not expected to materially affect ongoing activities.