Latest Costerfield News

Catalyst Metals has received regulatory approval to build an exploration tunnel at its Four Eagles gold project in Victoria, marking a pivotal step toward underground access and resource expansion. The company is advancing its high-grade gold resource with a secured processing facility and plans for further drilling in FY26.

Alkane Resources reported a solid September quarter with 36,407 gold equivalent ounces produced following its merger with Mandalay Resources, maintaining its full-year 2026 production guidance despite one-off merger costs.

Adelong Gold has initiated a diamond drilling program at its Lauriston Gold-Antimony project in Victoria, targeting historic high-grade gold and antimony mineralisation. The initial 3,000m campaign aims to test structural analogies to major Victorian gold systems with assay results expected by year-end.

Adelong Gold’s maiden diamond drilling at the Apollo Gold & Antimony Project in Victoria confirms significant gold mineralisation within the Dig Fault Zone, underpinning plans for resource modelling and further exploration.

Alkane Resources has unveiled its FY2026 production and cost guidance following its merger with Mandalay Resources, projecting significant growth across its Australian and Swedish operations.

Nagambie Resources has amended its drilling update to include detailed economic assumptions and geological parallels with the nearby Costerfield Mine, reinforcing confidence in its Nagambie Mine project.

Alkane Resources reported a robust FY2025 with a 87% jump in profit after tax to A$33 million, driven by higher gold production and prices. The company also completed a transformative merger with Mandalay Resources, creating a diversified gold and antimony producer.

Alkane Resources has fully repaid its A$45 million project finance facility linked to the Tomingley Gold Operations expansion, positioning itself as largely debt free and financially flexible for future growth.

Nagambie Resources has completed a $1.2 million capital raise to fund diamond drilling at its Nagambie Mine, targeting a recent high-grade gold-antimony discovery and updating its mineral resource estimate.

Alkane Resources has completed its merger with Mandalay Resources, creating a dual-listed gold and antimony producer with a robust growth pipeline and a strong cash position.

Adelong Gold has confirmed significant high-grade antimony and gold mineralisation at its Lauriston Gold Project in Victoria, highlighting strong parallels to major Victorian Au-Sb systems and setting the stage for expanded exploration.

Mandalay Resources Corporation has agreed to a plan of arrangement to be acquired by Alkane Resources Limited through its wholly owned subsidiary. Mandalay shareholders will receive 7.875 Alkane shares for each Mandalay share held, creating a combined gold and antimony producer with a strong balance sheet and diversified operations across Australia and Sweden.