Latest Youanmi News

Western Mines Group has reported significant progress in its Mulga Tank nickel project with deep drilling revealing extended high-grade sulphide zones, supported by a $3.72 million capital raise and government grants to fund further exploration.

Venus Metals Corporation has announced a significant JORC 2012 compliant Exploration Target for zinc and indium at its Youanmi Base Metals Project, with plans for extensive drilling in 2026 to advance the project.

Rox Resources has confirmed the economic viability of its Youanmi Gold Project with a robust feasibility study and commenced underground mining, backed by a $218 million equity raise. The company is on track for first gold production by mid-2027.

Juno Minerals has reported significant gold assay results from rock chip channel sampling at its Mount Ida project, with values up to 6.60 g/t Au. These findings pave the way for a planned shallow drilling program to explore vein extensions.

Rox Resources has ramped up underground mining and advanced processing plant development at its Youanmi Gold Project, signalling a strong push towards production in 2026. Key infrastructure expansions and strategic hires underpin the company’s growth ambitions.

Venus Metals Corporation has issued a second supplementary target’s statement urging shareholders to reject QGold’s increased takeover offer of $0.21 per share, citing significant undervaluation of its key assets and improved financial position.

Rox Resources has completed a $200 million capital raise, including a $134 million second tranche placement, to fund development of its Youanmi Gold Project in Western Australia.

Rox Resources has strategically purchased gold put options covering half of its forecast production at the Youanmi Gold Project for FY2028, locking in price protection while retaining upside exposure.

Rox Resources has increased its Share Purchase Plan to A$18 million following strong retail demand, complementing a $200 million institutional placement to fully fund the Youanmi Gold Project development.

Rox Resources has ramped up operations at its Youanmi Gold Project, transitioning to 24-hour mining and completing key infrastructure ahead of production. The company is advancing permitting and financing milestones to maintain its development momentum.

Empire Resources has reported promising high-grade gold and copper anomalies from recent rock chip and soil sampling at its Yuinmery Copper-Gold Project, setting the stage for targeted drilling in 2026.

Venus Metals Corporation has issued a firm recommendation to reject QGold Pty Ltd’s unsolicited $0.17 per share takeover offer, arguing it undervalues key assets and offers no premium. The board highlights significant upside potential in its portfolio and warns shareholders against accepting an opportunistic bid.