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Lefroy’s Lucky Strike Gold Deposit advances towards operations

Lefroy Exploration (ASX: LEX)

Reported on exploration activities across the Lefroy Project, including progress on key milestones for the Lucky Strike Gold Deposit and a planned drilling program at the Burns Central Gold Project.

The Lucky Strike Gold Deposit contains an MRE of 1.27Mt @ 1.95 g/t Au for 79,600 ounces (Indicated 0.70Mt @ 1.93 g/t Au for 43,400 oz. Inferred 0.57Mt @ 1.97 g/t Au for 36,200 oz). Continue reading

Ora Banda Mining Report Record Revenue of A$404 million

Ora Banda Mining (ASX: OBM)

Reported on its financial and operating activities for the year ended 30 June 2025 – a year during which the Company demonstrated the robustness of its underground strategy, and record revenues of A$404 million.

Closing cash increased by $57.4 million despite spending over $124.2 million on exploration, resource development and capital. Continue reading

Caprice Announce High-Grade Gold Discovery

Caprice Resources (ASX: CRS)

Reported results from the final batch of 26 holes from its Phase 3 RC drill programme at the Island Gold Project (which returned further stand-out gold intercepts at Vadrian’s and successfully intercepted gold in newly identified zones within the broader 5km x 1km target area. Continue reading

Ora Banda Expands Little Gem High-Grade Strike to Over 1KM

Ora Banda Mining (ASX: OBM)

Provided an update on its continued exploration success at the Little Gem prospect.

Subsequent to the highly successful five hole drill program (Phase 1 drill program) at Little Gem which returned 22.7m @ 5.0 g/t and 10.9m @ 6.4g/t, Ora Banda committed to a 16-hole broad spaced diamond drilling program across Little Gem and Sunraysia. Continue reading

Ora Banda Mining’s New Outstanding Gold Discovery

Ora Banda Mining (ASX: OBM)

Updated on its continued exploration success at the high-grade Riverina Gold Camp.

Following the initial success of the original Little Gem EIS diamond hole LGDD24001 which identified high grade gold mineralisation (4.7m @ 7.4g/t) Ora Banda has completed a further five-hole diamond program (1,849 metres). Continue reading

Westgold Issues Beta Hunt Drilling Update

Westgold Resources (ASX | TSX: WGX)

Provided an update on resource development drilling activities at the Beta Hunt mine at Kambalda, Western Australia.

This includes further results from Westgold’s inaugural drilling program at the Fletcher Zone and details of planned drilling of the potential southern extension of Fletcher (the Mason Zone target). Continue reading

Horizon Minerals Poseidon Takeover Gets The Green Light

Horizon Minerals (ASX: HRZ)

Horizon and Poseidon are pleased to announce that the Supreme Court of Western Australia has today made orders approving the Schemes.

Poseidon intends to lodge an office copy of the Court’s orders with respect to the Schemes with ASIC by 10 February 2025. Continue reading

Capricorn Metals Announces CEO Retirement and Succession

Capricorn Metals (ASX: CMM)

Advised that Chief Executive Officer (CEO) Kim Massey will retire at the end of January 2025. Kim has overseen the transition of Capricorn from an advanced exploration company to a low-cost gold producer with multiple growth projects.

Current Chief Operating Officer (COO) Paul Criddle has been appointed CEO, reporting to Executive Chairman Mark Clark, effective 3 February 2025. Continue reading

Ora Banda Wins The Mining.com.au Masters of Mining Emerging Explorer Award.

Ora banda Mining (ASX: OBD)

The company is the winner of the inaugural Mining.com.au Masters of Mining Emerging Explorer Award.

The award recognises an exploration company the market is beginning to notice due to a series of successes and positive outcomes, or whose market value has increased significantly over the course of the year, outperforming their peers. Continue reading