Latest New South Wales News

Australian Gold and Copper has uncovered previously untested gold mineralisation across a 1.9km corridor at Evergreen after assaying 2,161 historic core and RC samples. The results add shallow oxide hits while further RC assays and a proposed 3,000m drilling program remain ahead.

Fleetwood enters FY27 with a stronger Community Solutions business, a $61.5 million net cash position and a plan to restore Building Solutions to profitability in the second half. The key tests are completing the Red Dog Village acquisition and proving its manufacturing reset can overcome a $8.7 million underlying loss.

Locksley Resources is redirecting its exploration effort towards a district-scale copper-gold strategy in New South Wales, backed by A$13.383 million in cash. The company has also abandoned further investment in its Rice University antimony technology after concluding the commercial case was too uncertain.

ReadCloud exceeded its FY26 underlying EBITDA target while its VET-in-Schools division delivered double-digit growth and entered FY27 with 37 new schools confirmed. The result is tempered by flat eBooks receipts, a modest A$1.9 million cash balance and a seasonally weaker opening quarter.

Plenti has exceeded its FY27 lending run-rate target early, reporting record quarterly originations of $613 million and an expanded loan portfolio of $3.5 billion. Growth accelerated across renewable energy and personal lending, although higher funding costs and a small rise in credit losses remain important watchpoints.

Xpedra Resources has completed its first 31 Springfield RC holes with broad gold mineralisation now traced across 400 metres of strike and open at depth and along strike. A larger 4,000 to 5,000 metre drilling campaign is due to begin shortly, while the company has added the historic Neeld Gold Project to its NSW portfolio.

S2 Resources reported a $12.7 million profit after selling its Greater Fosterville licence to Agnico Eagle, which also invested $3 million in the explorer. With $18.6 million in cash, S2 is now moving toward drilling across gold and copper targets, though access, approvals and rig availability remain the immediate constraints.

Experience Co delivered a stronger start to FY27, with unaudited revenue rising 6% to $32.8 million and underlying EBITDA jumping 20% to $4.8 million. Skydiving led the earnings improvement, although weather, regional visitation and softer Treetops volumes remain live variables.

Manhattan Gold has completed its largest-ever Hook Lake drilling campaign, with strong gold results at Jaws and polymetallic sulphide intercepts at Spectre widening the project’s exploration case. But five assays remain outstanding, the next funding tranche still needs shareholder approval, and the company reports only 1.54 quarters of cash coverage on its current spending basis.

Saunders International has secured four multi-year water appointments and framework arrangements across four states, giving it access to approximately $2 billion in forecast capital works programs over five years. The opportunities are strategically significant, but no work volumes are guaranteed and revenue contribution is not expected until FY2027.

Lightning Minerals has secured A$100,000 in non-dilutive cash and a funded 400-metre drilling commitment by granting Kincora Copper a nine-month option over six Lachlan Fold Belt licences. The deal could deliver another A$350,000, but only if Kincora exercises the option, approvals are obtained and a key tenement is renewed.

Great Dirt Resources has identified three Priority 1 lithium targets at its Pilbara project, while NSW rock-chip sampling returned manganese grades of up to 55.1%. The explorer ended September with A$3.401 million in cash and an estimated 8.2 quarters of funding.