Latest Asx News

Gorilla Gold has expanded the King Kong gold lode at its Lakeview Prospect by 100 metres down dip and identified several new parallel mineralised structures through soil geochemistry, setting the stage for intensified drilling at Comet Vale.

Algorae Pharmaceuticals has secured a significant A$318,771 R&D tax incentive rebate from the Australian Taxation Office, providing a non-dilutive cash injection to advance its AI-driven drug discovery programs.

Tivan Limited has extended Executive Chairman Grant Wilson’s term by three years, accompanied by a salary increase and proposed performance rights designed to align his incentives with shareholder value as the company advances its Speewah Fluorite Project.

Astral Resources has reported compelling high-grade gold assay results from in-fill drilling at its Kamperman Deposit, reinforcing the potential of its Feysville Gold Project near Kalgoorlie. Concurrently, regional air-core drilling has unveiled new gold anomalism zones, setting the stage for further exploration.

Kincora Copper Limited has unlocked over A$110 million in partner funding through six strategic deals, advancing extensive drilling programs across its copper-gold projects in New South Wales and Mongolia. The company’s project generator model is driving exploration momentum with key partners including AngloGold Ashanti and innovative collaborators like Earth AI and Fleet Space.

Evolution Mining’s latest annual report reveals a robust portfolio with 30 million ounces of gold and 4.4 million tonnes of copper in resources, underpinning a 15-year average mine life despite challenges at Red Lake.

Battery Age Minerals has initiated a comprehensive tailings sampling campaign at its Bleiberg-Hochobir project in Austria to assess germanium concentrations, aiming to secure a critical semiconductor material amid global supply constraints.

Develop Global has commenced concentrate production and cashflow at its Woodlawn copper/zinc mine, marking a significant milestone in its strategy to become a leading ASX copper and base metals company.

Atlas Pearls reported strong sales at its June 2025 Kobe auction, achieving $6.5 million in revenue despite a lower average pearl quality index. The company’s proprietary index system showed an increase in price per quality point, underscoring sustained market demand.

Ora Banda Mining updates FY25 guidance, forecasting 95,000 ounces of gold production, below prior estimates, after processing plant upgrades delayed throughput ramp-up.

Cardiex Limited has announced a fully underwritten 1-for-4 entitlement offer at $0.04 per share, aiming to raise approximately $4.1 million to advance manufacturing and scale its supply chain. The offer closes on 20 June 2025, following a recent $2.4 million placement.

St Barbara Limited is set to exchange its Patronus Resources shares for a significant stake in Geopacific Resources, aligning with its active portfolio management strategy and deepening ties to Papua New Guinea mining projects.