Latest Options News

Eastern Metals reports a quiet March quarter with no exploration activity, a CEO resignation, and plans for significant capital raises alongside a proposed acquisition of Raptor Resources.

Marquee Resources has announced a maiden Inferred Mineral Resource Estimate at its Redlings Rare Earth Project, alongside advancing exploration and drilling plans at Mt Clement. The company also completed a $829K capital raise, underpinning its multi-project growth strategy.

Patriot Resources has significantly expanded its footprint in Zambia's Mumbwa copper district, reporting impressive high-grade copper and gold samples and outlining an ambitious exploration program for 2025, contingent on a planned capital raise.

Infinity Lithium has acquired full ownership of four high-grade gold-silver-copper exploration projects in Victoria’s Lachlan Fold Belt and secured options on additional nearby assets, while its flagship San José lithium project in Spain faces extended regulatory timelines and funding setbacks.

Matsa Resources has commenced mining at its Devon Pit Gold Mine, backed by a robust feasibility study and a maiden reserve of 46,000 ounces. The company also sealed a $101 million option deal with AngloGold Ashanti for part of its Lake Carey project, while successfully fending off an unsolicited takeover bid.

Omnia Metals Group has completed a key Heritage Survey at its Salt Creek project and secured $1.59 million through private placements, coinciding with its reinstatement to the ASX official list. The company is poised to commence a significant drilling program targeting gold and copper in Western Australia.

Hawthorn Resources has updated its Anglo Saxon gold project with a revised pit optimisation study reflecting higher gold prices and plans an 8,000m drilling program to de-risk mining. Meanwhile, the company converted its Mt Bevan equity stake to a 1% FOB royalty, positioning for future value from premium magnetite production.

Mineral Commodities Ltd faces a buyer default on its Skaland sale while advancing negotiations to fully acquire the Munglinup Graphite Project, amidst operational and financial challenges.

QX Resources reported steady progress on its Queensland gold and US lithium brine projects while managing modest cash reserves and exploration expenditure in the March 2025 quarter.

Energy World Corporation has appointed a global investment bank to spearhead funding efforts for its LNG and power projects in the Philippines, while reporting a $3.62 million operating cash outflow and the resignation of a senior executive.

Arcadia Minerals is gearing up for a significant drilling campaign at its Karibib Copper Gold Project while navigating a competitive funding process for the Swanson Tantalum Mine. Strategic partnerships remain central to the company’s growth plans amid cautious lithium market conditions.

Dundas Minerals has reported encouraging drilling results that expand gold mineralisation at its Baden-Powell deposit near Kalgoorlie, alongside promising first-pass Aircore drilling at the Olympia mining lease, signaling potential for resource growth.