🕒 Wednesday 30 April 2025 Wed, 30 Apr 2025

Kalamazoo Resources progresses due diligence on its Ashburton Gold Project under De Grey’s $30 million option, reports significant metallurgical drilling intercepts, and raises $0.8 million post-quarter to support ongoing exploration.

UNITH Ltd reports a 9.3% rise in Q3 FY25 cash receipts driven by its B2C subscription surge and a landmark pharmaceutical contract, alongside strategic platform upgrades and leadership changes.

Clean TeQ Water Limited reported strong operational progress in Q3 FY25, advancing key projects like PHOSPHIX and Heathgate uranium plant commissioning, while improving cash receipts and securing major contracts.

Turaco Gold has confirmed a new gold discovery at its Baffia prospect and is poised to release an updated Mineral Resource Estimate for its flagship Afema Project, signaling significant resource growth potential.

Enlitic reported a 5.8% revenue increase in Q1 CY25, strengthened its collaboration with GE HealthCare, and accelerated integration of Laitek, positioning itself for operational cashflow break-even by the end of 2025.

Lithium Plus Minerals Limited (ASX: LPM) reported significant progress on its Lei Lithium Development with advancing environmental approvals and infrastructure design, while its Wingate Project reveals promising large-scale gold potential. The company maintains a solid cash position of AUD 3.6 million as it prepares for upcoming exploration campaigns.

Cadoux Limited has made significant progress in its High Purity Alumina and Minhub rare earth projects during Q1 2025, advancing engineering studies, securing key contracts, and strengthening ESG initiatives while preparing for commercialisation.

D3 Energy’s latest quarterly report reveals a promising new helium production province at its ER315 permit, alongside expanded exploration permits and preparations for a key Production Right application.

Kalamazoo Resources Limited reported a challenging quarter with ongoing negative cash flows but plans a $0.8 million capital raise to sustain its exploration activities.

Minbos Resources advances its Cabinda Phosphate Project with significant construction progress and a fresh US$3.6 million funding injection from the Sovereign Fund of Angola, underpinning its strong cash position.

Kore Potash has completed an Optimised Definitive Feasibility Study for its Kola Potash Project, outlining a $2.07 billion capital cost and a 23-year mine life. The company also secured $10.1 million in funding and holds $10.2 million in cash as it prepares for construction.

Kairos Minerals has kicked off its biggest-ever drilling program at the Mt York Gold Project, aiming to significantly expand its 1.4 million ounce gold resource while advancing key agreements with traditional owners and neighbouring Pilbara Minerals.

Blackstone Minerals has entered a binding agreement to merge with IDM International, acquiring the high-grade Mankayan copper-gold project in the Philippines. This strategic move positions Blackstone at the forefront of critical metals and precious metals markets amid growing global demand.

Carbine Resources Limited is making steady progress towards securing the mining lease for its high-grade Muchea West Silica Sand Project while continuing exploration activities at its Down South project. The company reported $76,000 in exploration expenditure and holds $262,000 in cash reserves as it plans further funding.

Mustera Property Group advances its McCabe Street apartment project with a planned sales launch in Q3 2025, while settling $4.5 million in sales at Forbes Residences during the March quarter.

NSX Limited reported a net cash outflow from operations of AUD 1.3 million in Q3 2025 but is bolstering its liquidity through a new capital raising initiative to sustain ongoing activities.

Zuleika Gold Limited has progressed its exploration strategy with a comprehensive targeting review ahead of planned 2025 drilling, while also securing favorable court rulings in ongoing litigation related to the K2 Project.

Nimy Resources has defined a high-grade gallium Exploration Target in Western Australia and secured strategic partnerships to support supply to the US Department of Defense, positioning itself strongly in the critical minerals sector.

MPower Group has completed a pivotal equity conversion of its Narromine Renewable Energy Project, extinguishing $10.36 million in project funding and positioning itself for a $700,000 gain. The company also secured additional financing and advanced its renewable energy pipeline amid ongoing operational challenges.

Chariot Corporation has bolstered its exploration portfolio with seven new lithium and gold tenement applications in Western Australia’s Southern Cross Greenstone Belt, alongside securing $600,000 through a convertible note facility and extending payment terms on its flagship Black Mountain project.

Oakridge International Limited reported strong operational and financial progress for Q1 2025, highlighting increased trading income, positive cash flow, and a robust sales pipeline in healthcare IoT technology despite ongoing legal discussions.

Renegade Exploration reports significant discoveries of critical defence metals germanium and gallium at its Yukon Andrew Deposit, alongside promising gold-silver prospects, while progressing copper and cobalt projects in Queensland amid a tight cash position.

CAQ Holdings Limited posted a 5% decline in leasing revenue for the March 2025 quarter, while vacancy rates held steady and operating cash flow remained positive despite ongoing regulatory uncertainties in China.

Zenith Minerals reported a pivotal quarter advancing exploration at its Dulcie Far North and Red Mountain gold projects, while agreeing to divest its Turkish Kavaklitepe interest, sharpening its focus on domestic assets.