Latest Financial Position News

Tombador Iron Limited reported a modest net cash outflow of $317,000 for the December 2024 quarter, yet holds robust cash reserves of $10.825 million, underpinning over 34 quarters of operational funding.

Greenwing Resources reports significant progress in its lithium and graphite projects, notably expanding the lithium brine footprint at its San Jorge Project in Argentina and advancing exploration in Madagascar amid regulatory shifts.

LCL Resources has executed a binding agreement to divest its Colombian assets for A$10 million, while confirming a significant copper-gold porphyry discovery at its Dada project in Papua New Guinea.

Accelerate Resources has secured a 70% stake in the Kanowna East Gold Project near Kalgoorlie and raised $1.35 million to accelerate exploration, while also identifying lithium-bearing spodumene at Mt Sholl East.

Mindax Limited progresses its Mid-West Shared Infrastructure Project and seeks development partners for the Mt Forrest Iron Project, while securing a significant R&D tax incentive refund.

Golden Cross Resources continues to push forward with joint venture discussions to finance its flagship Copper Hill project, while planning extensive geophysical surveys and addressing regulatory challenges.

Omnia Metals Group has identified promising gold, copper, nickel, and PGE anomalies at its Ord Basin Project, setting the stage for expanded exploration in 2025. The company also advances its Salt Creek Project with a Heritage Survey planned, while maintaining strong ESG and safety standards.

Triton Minerals has secured A$17 million from the sale of a 70% stake in its Mozambique graphite assets, while progressing environmental approvals and unveiling promising high-grade gold and copper results at its new Aucu project.

Cavalier Resources has successfully raised A$1.735 million through a rights issue, positioning the company to advance its Crawford Gold Project amid record gold prices and promising exploration results.

Strata Minerals Limited has identified four significant drill targets at its Penny South Gold Project in WA and is set to commence its maiden drilling program in February 2025, signaling a major step forward in its exploration strategy.

Wellnex Life Limited reported a 36% rise in Q2 FY25 cash receipts and record monthly sales, while advancing its dual listing on the London Stock Exchange and expanding into the UK market.

Saferoads Holdings reported a slight revenue dip in Q2 2024 but advanced toward selling its Road Safety Rentals business, while securing approval for a new crash barrier system.