Latest Asx News

Minerals 260 has kicked off early construction at its 4.5Moz Bullabulling Gold Project, aiming for plant construction in early 2027 and first gold output by late 2028. Key initiatives include a $59.1 million village contract, water infrastructure development, and extensive grade control drilling.

Gold Mountain Limited has reported additional high-grade rare earth mineralisation at its Ayrton Senna Prospect within the Down Under Project in Brazil, with assay results highlighting shallow mineralisation open at depth and strong magnet rare earth oxide ratios.

Dalaroo Metals has mapped a substantial 7-kilometre gold corridor at its Gold Ridge Project in Côte d'Ivoire, highlighted by a standout soil assay of 23.26g/t Au. The company is advancing with a 5,000m auger drilling program ahead of a fully funded +20,000m RC drilling campaign starting July 2026.

Ballard Mining has unveiled a new high-grade gold discovery at its Pluto prospect near Baldock, alongside extensions at Ayla, Neptune, and Golden Vale deposits, reinforcing its resource growth strategy at Mt Ida.

EPX Limited has locked in a $3 million senior secured revolving loan note facility with Partners for Growth, providing capital to seize new revenue opportunities and support working capital over the next three years.

Caravel Minerals secures an additional $15 million royalty funding from Regal Resources, doubling the funder's investment to $30 million and extending an existing loan facility to 2028.

Yandal Resources reports significant shallow oxide gold intercepts beyond the current 268,000-ounce Flushing Meadows resource, with ongoing diamond drilling poised to clarify fresh rock mineralisation and parallel structures.

Right Resources has significantly enlarged its Blue tungsten prospect near Tumbarumba, NSW, confirming strong geochemical signatures and advancing metallurgical testwork to assess recovery potential.

Enova Mining has unveiled significant rare earth element mineralisation at its new Curioso Prospect within the East Salinas Project in Brazil, with auger drilling revealing high-grade, surface-level saprolite-hosted REE mineralisation.

Bubalus Resources has identified significant geochemical anomalies for gold and multiple pathfinder elements at its Tin Creek Prospect in Victoria, pointing to a potentially substantial hydrothermal and intrusion-related mineralising system. Follow-up exploration including airborne geophysics and detailed mapping is planned.

Elixir Energy has successfully completed a key pressure test on its Lorelle-3H well in Queensland’s Taroom Trough, confirming reservoir conditions and increasing planned stimulation stages from 11 to 12. Stimulation operations are set to start imminently, aiming to prove commercial gas and condensate flow.

Dreadnought Resources has identified three extensive gold trends at Illaara’s CRA Homestead target, with follow-up infill drilling set to sharpen the picture of this emerging system.