Latest Metallurgical Testing News

Podium Minerals Limited has launched a fully underwritten $2.6 million entitlement offer to fund advanced metallurgical testing at its flagship Parks Reef Project, aiming to enhance platinum group metals recovery and concentrate grades.

Victory Metals Limited has raised $4 million in a placement supported by top shareholders and company leadership, aiming to fast-track the Pre-Feasibility Study and development of its flagship North Stanmore Heavy Rare Earth Project in Western Australia.

Southern Cross Gold Consolidated Ltd has reported extraordinary drill results from its Sunday Creek project in Victoria, revealing ultra-high-grade gold and antimony mineralization that significantly expands the discovery footprint.

Locksley Resources has secured $1.47 million through a heavily subscribed placement to fund a critical minerals exploration campaign at its Mojave Project in California, targeting rare earth elements and antimony.

Rox Resources has completed a 35,000m drilling campaign at its Youanmi Gold Project, delivering multiple high-grade gold intercepts that confirm mineralisation continuity and underpin an upcoming resource upgrade.

Terrain Minerals is progressing metallurgical studies on its Larin’s Lane Gallium and Rare Earth Elements project, aiming to develop sustainable extraction methods and expand resource potential. Concurrently, the company has launched a $1.8 million rights issue to fund ongoing exploration and development.

Indiana Resources is making steady progress at its Minos gold deposit in South Australia, with over half of its planned drilling completed and a scoping study underway to support a maiden resource estimate.

New Frontier Minerals accelerates its NWQ Copper Project development by sending bulk samples to Austral Resources’ Mt Kelly plant, formalizing a key processing partnership that could fast-track copper output.

Xanadu Mines Limited has received a conditional off-market takeover offer from Bastion Mining Pte Ltd at A$0.08 per share, representing a significant premium. The company’s independent Takeover Committee unanimously recommends acceptance, supported by an independent expert’s fair and reasonable valuation.

Western Mines Group has raised $1.287 million through a strategic placement to fast-track exploration at its flagship Mulga Tank project, signalling renewed momentum in its nickel and precious metals ambitions.

Cobre Limited has delineated a significant new zone of copper and silver mineralisation at its Ngami Copper Project in Botswana, advancing its resource development plans. The company has engaged WSP to prepare a Mineral Resource Estimate, underpinning its innovative In-Situ Copper Recovery strategy.

Strickland Metals reports robust diamond drilling results at its Gradina Prospect, extending high-grade gold mineralisation and setting the stage for a maiden resource estimate in late 2025.