Latest Financial Position News

Tissue Repair advances its US Phase III chronic wound trial with 100 patients randomised and targets October FDA 510(k) submission. The company reports a robust cash position bolstered by R&D refunds and has cut manufacturing scale-up costs.

American West Metals (ASX: AW1) reported significant exploration breakthroughs at its West Desert Project in Utah and ongoing Pre-Feasibility Study progress at the Storm Copper Project in Nunavut, backed by a $10 million capital raise.

Yugo Metals is pushing ahead with exploration in Bosnia and Herzegovina, backed by a fresh $5 million capital raise and encouraging early gold results at its Sinjakovo Project. Preparations are underway for new drilling at Cajnice, while the company continues to expand its footprint in battery and base metals.

Rincon Resources confirms historic high-grade gold-copper mineralisation extensions at Telfer South and secures a significant joint venture deal for West Arunta, underpinning its exploration focus and capital position.

Iondrive Limited has independently confirmed strong rare earth recoveries from U.S. magnet waste and gained Oklahoma government support for its first commercial processing module, advancing its U.S. commercialisation strategy.

Silver Mines has unveiled a Definitive Feasibility Study for its Bowdens Silver Project, confirming a 26-year mine life and lifting ore reserves to 93.5 million ounces of silver with robust economics and strategic land acquisition.

Moonlight Resources has significantly extended the Leo Grande gold system at its Clermont Project, with Phase 2 drilling pushing mineralisation 200 metres southeast and 250 metres northwest. The company holds a solid A$6.1 million cash balance as it advances towards a maiden resource estimate.

Rumble Resources has upgraded its Western Queen gold resource by 17% to 433,600 ounces, secured a near five-year toll milling agreement, and progressed feasibility and permitting work, setting the stage for production in 2027.

Emerald Resources NL sustained steady gold output at its Okvau Mine with 27.1Koz produced in June quarter while progressing the Dingo Range Gold Project towards production, supported by a robust cash position of A$481 million.

Strickland Metals has boosted its Rogozna Project mineral resources to 9.25 million ounces gold equivalent, driven by a 50% increase at the Gradina deposit and a maiden indicated resource at Shanac. Metallurgical tests confirm strong gold recoveries, while drilling delays at Shanac temper near-term exploration progress.

Enlitic slashed its net operating cash outflow by 76% in Q2 FY26 and secured binding commitments for a A$15 million conditional placement alongside convertible note conversions, positioning the company with a pro forma cash balance of about A$18 million and a debt-free balance sheet.

Mont Royal Resources has released an updated Preliminary Economic Assessment for its Ashram Rare Earths and Fluorspar Project, outlining robust economics and a 30-year mine life. High-grade fluorspar at the nearby Mallard Prospect adds strategic by-product potential as the company advances towards a Pre-Feasibility Study.