Latest Iron News

Strategic Energy Resources has commenced gravity and magnetotelluric surveys at its Canobie Project, with Fortescue funding all exploration costs under their joint venture. These surveys aim to refine drill targets for potential copper-gold discoveries later this year.

Australian Strategic Materials (ASM) has announced an underwritten share purchase plan to raise up to A$3 million, supporting its advancing Dubbo Project and ramp-up of the Korean Metals Plant. The company also outlines ambitions for a US metals facility amid strong government backing and strategic partnerships.

Hazer Group unveils a strategic alliance with engineering giant KBR to fast-track its low-cost clean hydrogen technology, targeting major global markets with a capex-lite licensing model.

Black Canyon Limited has initiated a 3,000-metre reverse circulation drilling program at its Wandanya Project, aiming to expand on promising high-grade manganese and iron mineralisation along 1.5km of a 3km strike. The program is supported by a WA Government co-funded grant, with assay results expected in the coming months.

Tennant Minerals has identified two significant gold-copper targets at its Barkly Project near Tennant Creek, reviving interest in historical anomalies with new geochemical and gravity data. The company plans wide spaced drilling to test these promising prospects.

Octava Minerals reports encouraging early-stage bioleaching results from CSIRO on its Byro REE and lithium project, signaling potential for cost-effective and environmentally friendly metal extraction.

Brightstar Resources has unveiled spectacular high-grade gold results from its Sandstone Hub drilling program, including a standout 10m intercept averaging 43.8g/t Au. These findings bolster the company’s resource upgrade ambitions ahead of a planned Pre-Feasibility Study.

E79 Gold Mines has significantly increased its Mountain Home Project footprint in the Northern Territory, acquiring nearly 500 square kilometres of mineral rights and gearing up for a government-backed exploration push in 2025.

Tempest Minerals Ltd (TEM) has reported further metallurgical test results from its Remorse iron ore discovery in Western Australia, confirming high-grade iron concentrate with low impurities. These findings reinforce the project’s potential as a significant iron ore development within the Yalgoo region.

Macarthur Minerals has clarified key details regarding its recent convertible note funding, confirming the counterparty is an independent entity and highlighting the need for shareholder approval before issuing shares on conversion.

Patronus Resources has reported encouraging results from its recent RC drilling campaign at the Iron King and Cardinia Gold Projects, confirming gold mineralisation and highlighting potential for resource expansion.

Patronus Resources has clarified that its recent share price jump stems from a third-party research report rather than undisclosed company news, following an ASX inquiry. The company also confirmed the recent release of exploration results from its Western Australian gold projects.