Latest Square News

Lion Rock Minerals has reported high-grade, surface-starting rare earth mineralisation at Minta Est, including 4.54% TREO over 2.3 metres and a 21.15% TREO saprolite interval. The results add a second exploration stream to its expanding Cameroon rutile province, although the company’s A$4.55 million cash balance provides an estimated 2.1 quarters of funding at the latest burn rate.

High-Tech Metals has signed a binding agreement that could allow up to 400,000 tonnes of Mt Fisher ore to be processed through Forrestania Resources’ nominated facility over 24 months. The deal creates a potential route to monetisation, but mining remains unapproved and the tonnage is a contractual ceiling rather than a production forecast.

Vantage Metals has intersected the key geological contact targeted by its maiden Botswana drilling campaign, with trace copper sulphides observed and assays pending. The exploration progress comes alongside A$723,000 in quarter-end cash, equivalent to just 0.3 quarters of estimated funding at the reported outflow rate.

Blaze Minerals has reported exceptionally high-grade tungsten channel samples from its Bahati Project in Uganda, while completing the $2.06 million second tranche of a larger placement after quarter end. The September quarter closed with just $184,000 in cash and an estimated 0.38 quarters of funding before that financing was received.

Octava Minerals is pursuing a staged Argentine fluorspar option while its auditor flags material uncertainty over the explorer’s ability to continue as a going concern. The company ended September with A$322,000 in cash and is relying on shareholder-backed funding to advance both the new project and its Byro critical minerals target.

oOh!media shareholders will vote on I Squared Capital’s proposed acquisition on 2 November, with court approval scheduled two days later if the scheme passes. The filing sets the next milestones but does not change the transaction’s terms or guarantee completion.

PARKD’s FY26 annual report puts the company’s funding position under sharper scrutiny after a steep revenue decline, a $1.26 million loss and $367,714 in cash. Its east-coast expansion produced new facilities, partnerships and demonstrations, but the next test is converting that platform into contracted work quickly enough.

Chilwa Minerals has expanded its Chilwa project’s heavy mineral sands resource by 56% and added niobium and rare earths to the story. But the annual report also records a larger loss, limited year-end cash and an auditor warning over going concern, despite a subsequent US$3.5 million Nasdaq raising.

Greenvale Energy has expanded its Thunderball uranium pipeline in the Northern Territory, with a 9km paleochannel target, six additional targets and multiple confirmed prospects now advancing towards potential drilling. The company also raised A$3.25 million, although the proposed Pine Creek acquisition remains conditional and several exploration targets are still untested.

Dexus has forecast lower FY27 earnings while refocusing its business on office, industrial, retail and selected alternatives. The ASX-listed real estate group is also targeting more than A$2 billion of capital release, but remains exposed to infrastructure fund liquidity issues and the unresolved APAC appeal.

Oceana Metals is positioning its 100%-owned Serra Negra project in Brazil as a large-scale rare earths opportunity, backed by broad, high-grade exploration results and a four-rig drilling program. The next test is whether those results can be converted into a maiden mineral resource and, eventually, an economically viable project.

Dundas Minerals has drilled 5,180 metres across three Kalgoorlie gold projects and extended interpreted Rockland mineralisation to about 170 metres below surface. A post-quarter-end $2.88 million placement gives the explorer additional funding, although its September cash balance covered only 1.75 quarters of estimated outgoings before the raise.