Latest Costerfield News

Amara Minerals (ASX:AM3) has revealed high-grade gold-antimony intercepts from its deepest drilling at the Trojan Prospect within Victoria’s Lauriston Project, highlighting an expanding mineralised system with potential critical minerals significance.

Southern Cross Gold has awarded PYBAR Mining Services the contract to build an underground exploration decline at its Sunday Creek project, enabling a near doubling of drilling rigs and positioning the project as a global pre-development drill-out leader.

Alkane Resources delivered a record 45,776 gold equivalent ounces in Q3 FY26, generating $189 million in operating cash flow and boosting its cash, bullion, and investments to $374 million. The company maintained its full-year guidance and secured a place in the S&P/ASX 200 index, enhancing its market profile.

Southern Cross Gold (ASX:SX2) reports exceptional drill results from its Golden Dyke prospect, with grades up to 254 g/t gold and significant antimony content, pushing deposit boundaries and confirming geological continuity at Sunday Creek.

Southern Cross Gold Consolidated Ltd. has transitioned its Sunday Creek project into execution, commencing surface works and targeting a maiden inferred resource in early 2027, supported by a robust $123.2 million cash position.

Nagambie Resources has completed all conditions precedent following strong shareholder approval for an earn-in joint venture with Alkane Resources, enabling Alkane to acquire up to an 80% interest through staged funding over five years.

Alkane Resources delivered 45,776 ounces of gold equivalent in Q3 2026, boosted cash and bullion holdings to $362 million, and maintained its full-year production guidance amid stable operations.

Alkane Resources has locked in a $110 million revolving credit facility alongside a $40 million contingent instrument facility, enhancing liquidity and banking ties to support its mining operations and growth projects.

S2 Resources has identified significant gold-arsenic and gold-antimony soil anomalies at its Silver Spoon project in Victoria, signalling promising exploration potential near major regional mines.

Southern Cross Gold Consolidated Ltd has reported record-breaking high-grade gold and antimony intersections from its Sunday Creek project in Victoria, revealing a consistent and expanding mineral system at shallow depths.

Nagambie Resources has opened a discounted Share Purchase Plan aiming to raise $3.7 million to support diamond drilling at its Whroo Mines project and bolster working capital, following a strategic joint venture announcement with Alkane Resources.

Dart Mining NL has reported record assay results for gold, silver, and antimony from its ongoing drilling at the Banshee prospect in Central Queensland, extending mineralisation and advancing towards a maiden resource estimate.