Latest Burbanks News

Ore Resources has completed three strategic acquisitions, significantly enlarging its gold exploration tenure in Western Australia's Eastern Goldfields and setting the stage for an extensive drilling campaign in 2026.

Auric Mining Limited reported a near doubling of net profit to $5.2 million for 2025, marking its successful transition to a gold producer with key operational milestones at Munda and the acquisition of Burbanks processing facility.

Ore Resources Ltd has acquired four new prospecting licenses adjacent to its Coolgardie Gold and Lithium Project, expanding its landholding to over 80 square kilometres. The company plans systematic exploration targeting promising historical gold intercepts, with drilling set for early Q3 2026.

Horizon Minerals has taken a decisive step to fast-track its Black Swan Processing Hub by ordering critical long lead items, underpinning its transformation into a 2.2Mtpa gold processing facility near Kalgoorlie.

Ore Resources has initiated a 1,000-metre diamond drilling program at its Forrest prospect, aiming to deepen geological insights and expand gold resources within its Coolgardie Gold Project. This follows a successful reverse circulation drilling phase and sets the stage for a comprehensive 30,000-metre exploration campaign across 2026.

Ore Resources has formalised a pivotal Project Agreement with the Marlinyu Ghoorlie people, setting the stage for mining lease approvals and advancing exploration at its Coolgardie Gold and Lithium Projects.

Horizon Minerals unveils robust scoping study results for its Black Swan Project in WA, outlining a low-capital, high-return gold development targeting 102,000 ounces annually. The company launches a $175 million placement to fund construction and advance operations toward mid-2027 commissioning.

Ore Resources has identified a significant 2km gold-in-soils anomaly at its Miriam Project in Western Australia, highlighting multiple high-priority targets ahead of a major drilling campaign.

Horizon Minerals advances its Black Swan Processing Hub with increased throughput plans and reports $23.3 million in gold sales revenue, while securing a $35 million divestment deal for its Lake Johnston project.

Horizon Minerals reports continued exceptional gold assay results from its Phase 1 drilling at the Burbanks project, reinforcing resource confidence and advancing plans for processing expansion.

Ore Resources Ltd has reported significant high-grade gold intercepts at its Miriam Project, extending mineralisation at Forrest to 850 metres. The company also secured binding options to acquire the Randalls Gold Project and raised A$7.5 million to fund its ambitious 2026 exploration plans.

Auric Mining Limited has reported a standout December quarter, delivering strong gold production and cashflow from its Munda Gold Mine while advancing key projects at Burbanks and Lindsay’s.