Latest Queensland News

Metal Bank Limited has announced a non-renounceable entitlement offer to raise approximately $2.32 million, partially underwritten, to fund its Western Australia gold strategy and Queensland graphite exploration. The offer closes on 31 October 2025 and coincides with a strategic acquisition of gold assets from Hastings Technology Metals.

Native Mineral Resources has generated over $3 million in cash from September gold sales at its Blackjack operation, marking a key milestone as it prepares to shift to higher-grade ore processing in October.

Antares Metals has identified several high-grade uranium prospects at its Mt Isa North Project, with surface samples reaching nearly 2,000 ppm U3O8 and plans underway for maiden drilling at Queens Gift.

Aeris Resources is advancing exploration at its Golden Plateau deposit with a significant drilling campaign aimed at expanding mineralisation and defining a new Exploration Target. The initiative could extend the life of its Cracow gold operations in Queensland.

Emu NL has bolstered its financial footing through a $590,000 rights issue and the sale of its Badja Gold Project, setting the stage for a maiden drilling program at its Yataga Copper Project. Leadership changes signal a new chapter as drilling preparations near completion.

Xstate Resources has commenced drilling the Diona-1 well in Queensland’s Surat-Bowen Basin, aiming at three proven hydrocarbon formations with promising resource potential and a rapid path to market.

Strategic Energy Resources has kicked off a 1,500-metre diamond drilling campaign at its Isa North Copper-Gold Project in Queensland, targeting two promising IOCG anomalies identified through advanced geophysical surveys.

Reef Casino Trust (ASX, RCT) has received a recommended off-market takeover offer from Iris Cairns Property Pty Ltd at $3.87 per unit, representing a significant premium over recent trading prices. The independent expert affirms the offer as fair and reasonable, with major unitholders supporting the bid subject to regulatory approvals.

Eastern Resources Limited has secured a farm-in agreement to earn up to 80% interest in Queensland’s Marengo Gold Project, a historically rich goldfield with promising high-grade assays and multiple exploration targets.

Elixir Energy has commenced drilling the Diona-1 conventional gas-oil exploration well in Queensland’s Surat-Bowen Basin, aiming to unlock new production potential and secure long-term asset retention.

Elanor Commercial Property Fund’s Independent Board Committee unanimously recommends rejecting Lederer’s unsolicited $0.70 per security takeover bid, supported by an Independent Expert’s report deeming the offer neither fair nor reasonable.

QMines Limited has raised $7.5 million through a strongly supported placement to accelerate exploration at its Mt Mackenzie, Mt Chalmers, and Develin Creek projects, positioning the company for growth in gold and base metals.