Latest Iron News

Forrestania Resources has completed its acquisition of North Iron Cap Pty Ltd, adding a JORC-compliant gold resource of over 100,000 ounces to its portfolio. The move strengthens its position in Western Australia’s prolific gold mining regions.

Golden Horse Minerals has initiated a 2,000m reverse circulation drilling campaign targeting historically rich gold prospects in the Golden Valley area, aiming to unlock shallow mineralisation near old high-grade workings.

Hammer Metals has regained full ownership of the Mount Philp and Even-Steven areas within its Mount Isa East Joint Venture, opening fresh exploration avenues including advancing the Trafalgar copper-gold deposit.

Bastion Minerals has agreed to acquire the Ninnis Gold Project in Western Australia’s Northern Goldfields for $125,000 in shares plus a 1.5% royalty, marking a strategic move into a prolific gold region. The early-stage project shows promising geological similarities to major nearby deposits, with exploration set to begin immediately after completion.

Future Battery Minerals Ltd has identified multiple large-scale gold mineralised trends at its Randalls Gold Project in Western Australia, revealing significant exploration potential ahead of planned drilling and geophysical surveys.

Kula Gold has reported exceptional high-grade gold results from its Mt Palmer project, extending the mineralised strike to 3km and highlighting significant exploration upside. Diamond core assays and further drilling results are eagerly awaited.

Genmin Limited has made significant progress on its Baniaka iron ore project in Gabon, with PowerChina submitting competitive engineering and construction proposals and the company securing A$15 million in director-related loans during the quarter.

Strike Resources advances its high-grade Apurímac Iron Ore Project amid political upheaval in Peru, while its Lithium Energy stake pushes forward with key acquisitions and exploration despite ASX suspension.

Manhattan Corporation has reported promising high-grade gold and polymetallic assay results from its Hook Lake Project in Nunavut, Canada, alongside a $2.2 million capital raise to fund upcoming exploration activities.

Burley Minerals advances its iron ore and lithium exploration with planned drilling at Cane Bore and Broad Flat Well, while navigating heritage survey delays and legal access issues.

Cyclone Metals advances its flagship Iron Bear Project despite a minor delay in drilling caused by First Nations election disputes, while strengthening its cash position through significant share sales.

Tombador Iron Limited is set to transform into Atomic Eagle Limited through its acquisition of GoviEx Uranium Inc, creating a new ASX-listed uranium explorer focused on Africa’s Muntanga Project. A capital raise of up to A$10 million will underpin this strategic pivot.