Latest Lodging News

ASX has immediately suspended quotation of Surefire Resources securities under Listing Rule 17.3.4, pending the company’s compliance with Listing Rule 2.5. The notice does not disclose the issue behind the suspension or indicate how long trading may be halted.

OzAurum Resources has strengthened the technical case for a low-capex heap leach operation at Mulgabbie North, with column testing delivering up to 95% gold recovery. But the project’s next phase is now tied to a capital raise after cash fell to A$542,000, equivalent to just 0.8 quarters of estimated funding.

Burley Minerals has confirmed shallow Channel Iron Deposit mineralisation across its Cane Bore North and Step-Out Targets, with assays reaching 52.7% iron. The exploration success comes alongside $725,000 in cash and an estimated 2.04 quarters of funding at current outgoings.

Iondrive’s updated model points to a US$243 million post-tax NPV for its proposed Oklahoma rare earth module, but the headline economics now face their first substantial bulk-scale test. The company is targeting 1.4 tonnes of mixed rare earth oxides from a North American qualification campaign while pursuing debt, grants and incentives.

St George Mining’s Araxá project advanced on several fronts in the September quarter, with a 155% increase in Measured and Indicated resources, new high-grade drilling and environmental permitting underway. The company ended the period with A$86.2 million in cash, but still has to convert a large Mineral Resource into an economically viable operation.

Optiscan has moved its InForm and InVue medical-imaging devices into formal US FDA review after a quarter of intensive regulatory and clinical work. The milestone comes with $11.093 million in cash and a reported 3.5 quarters of funding at the latest operating burn rate.

Investigator Silver has lodged the Mining Lease Application for its Paris Silver Project and begun a fully funded 30,000 metre drilling campaign. High-grade results beyond the existing mine plan and $55.1 million in cash give the company room to push resource growth and development work in parallel.

Taiton Resources has added a farm-in tenement and applied for more ground at its Challenger West gold-copper project, backed by historical high-grade results. The expansion comes as cash falls to $294,000 and directors and the CFO move to half pay to preserve funds.

Bison Resources has expanded its Bald Peaks land position more than fourfold and lodged a Notice of Intent for seven maiden drill pads in Nevada. The exploration push comes as the company awaits results from 900 new rock chip and soil samples, with A$3.514 million in cash at quarter end.

Unity Metals has disclosed that three directors failed to lodge notices after unlisted options expired in May, exposing a wider compliance lapse than first identified. The company says no securities were traded and has introduced tighter monitoring controls.

Yowie Group has entered FY27 with US$71,000 in cash, a 35% drop in US gross sales and a fully drawn A$4 million working capital facility. The confectionery maker is pursuing an approximately A$6 million two-tranche capital raising while its ASX quotation remains suspended.

Chimeric Therapeutics has stopped enrolment and dosing in its CHM-2101 CAR-T trial after a safety review found the highest dose unsafe. With $1.35 million in cash, suspended securities and uncertain creditor negotiations, the company is now pursuing a possible recapitalisation while preserving a preclinical CDH17 pathway.