🕒 Friday 23 May 2025 Fri, 23 May 2025

MTM Critical Metals has confirmed the scalability of its Flash Joule Heating reactor, paving the way for commercial operations at its Texas facility later this year. The modular design promises potential throughput beyond initial targets.

Premier1 Lithium has reported promising high-grade gold mineralisation from maiden drilling at its Yalgoo and Abbotts North projects in Western Australia, highlighting significant exploration upside across extensive greenstone belts.

Fintech Chain Limited has applied to delist from the ASX, citing low valuation, poor liquidity, and high costs, aiming to unlock growth capital in China and the US.

Alma Metals Limited has announced a pro-rata non-renounceable rights offer to raise approximately $1.06 million, aiming to fund critical drilling and a scoping study at its Briggs Copper Project in Queensland.

Great Boulder Resources has reported significant drilling results at its Side Well Gold Project, extending the Eaglehawk deposit by 200 metres and confirming new gold mineralisation at Side Well South. Ongoing exploration and a forthcoming Ironbark scoping study highlight the project's growth potential.

Gorilla Gold has completed the acquisition of the remaining 49% stake in the Comet Vale Project, boosting its ownership to 100% and positioning itself to expand the high-grade gold resource.

West Coast Silver has initiated its first diamond drilling campaign at the Elizabeth Hill Project, aiming to expand known high-grade silver zones using advanced on-site technology.

FMR Resources has reported promising assay results from its inaugural drilling at the Demoiselle prospect, revealing extensive copper-silver mineralisation and a new geological model to guide further exploration in Canada’s Fairfield Project.

Myer Holdings reports a 1.9% increase in total sales for the second half of fiscal 2025 despite inflationary pressures and operational hurdles at its new distribution centre. The retailer outlines interim logistics solutions and previews its upcoming Growth Strategy.

Oceania Healthcare Limited reported a robust FY25 with a 9.2% rise in sales volume and a 5.8% increase in comprehensive income, underpinned by a successful $500 million debt refinancing and operational enhancements.