Latest Costerfield News

Nagambie Resources has successfully raised $600,000 through a placement of 60 million shares, accompanied by free attaching options, to fund its strategic antimony-gold project at Nagambie Mine.

Bubalus Resources has confirmed a gold-bearing system at its Crosbie North prospect in Victoria following a maiden drilling program, with assays up to 1.32 g/t gold. The company is preparing for further drilling in 2026 to explore previously inaccessible targets and expand on these promising results.

Nagambie Resources reports 16 new diamond drilling intersections at its Nagambie Mine, potentially expanding its gold-antimony resource beyond the current JORC Inferred Resource. The latest results offer fresh geological insights and underpin ongoing exploration efforts.

Adelong Gold Limited reports visible gold in its second diamond drill hole at the Lauriston Gold-Antimony Project, with assays pending and a third hole underway to explore a promising structural corridor.

Adelong Gold’s initial diamond drilling at the Lauriston Gold-Antimony Project has revealed visible gold, validating historic high-grade results and setting the stage for an expanded exploration campaign.

Alkane Resources reports a strong first quarter for FY2026, driven by its recent acquisition of Mandalay Resources, boosting gold equivalent production and revenue significantly.

Alkane Resources reports its Q1 FY2026 interim results, highlighting the integration of Mandalay Resources and key operational developments across its global mining portfolio.

Alkane Resources reported a strong Q1 FY2026 with $147 million in revenue and 30,511 gold equivalent ounces produced, bolstered by its recent merger with Mandalay Resources. The company’s balance sheet is solid with $191 million in cash and investments after repaying debt and covering merger costs.

Alkane Resources has reported a record quarterly operational cash flow of A$73 million and gold equivalent production of 30,511 ounces, reflecting the successful integration of Mandalay Resources. The company remains on track to meet its full-year guidance amid ongoing exploration and development progress.

Lode Resources has reported impressive initial drill results from the historic Magwood Antimony Project in NSW, revealing high-grade antimony mineralisation up to 31.1%. This discovery highlights significant unmined potential in a region largely unexplored for decades.

Alkane Resources reports its inaugural JORC-compliant Mineral Resources and Ore Reserves for the Costerfield Property, highlighting a robust resource base and a mine life extended to 2030. The recent True Blue Deposit discovery further bolsters the project’s potential.

Alkane Resources has released its FY25 Mineral Resources and Ore Reserves update, highlighting a robust asset base across Australia and Sweden and reinforcing its growth trajectory with ongoing capital investments.