Weekly Wrap
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Lark Distilling (ASX: LRK) announced Four Pillars co-founder Stuart Gregor as its new CEO from 1 January 2026. Stuart spoke to Smart Company, discussing his excitement of moving into the CEO role as Lark executes on a brand overhaul and credits outgoing CEO Sash Sharma for establishing the building blocks for growth within Lark. Business News Australia also reported on the leadership transition, highlighting that Gregor brings a wealth of industry knowledge with over 25 years of experience spanning brand creation, premium drinks marketing and international expansion and entrepreneurial expertise. Mr Gregor joined Ausbiz to highlight that Lark’s advantage lies in its rich heritage and partnership with Seppeltsfield wines to access quality oak casks, which positions the business as Australia’s Number 1 Luxury Single Malt Whisky producer and brand.

 

A big week of news from Larvotto Resources (ASX: LRV), with the company commencing plant upgrade works at its Hillgrove Antimony-Gold Project in NSW, targeting completion by the end of Q2 2026. Meanwhile, a recent Induced Polarisation (IP) and Resistivity geophysics survey at the Freehold prospect within Hillgrove confirmed known mineralisation and identified new drill targets, with drilling now underway. Larvotto also secured a $388,662 R&D tax rebate for FY24, supporting its ongoing work to optimise gold and antimony recoveries and retreat legacy tailings to provide production and environmental benefits. Covered by Mining.com.au and SMH.

 

Acusensus (ASX: ACE) secured a new $8.7 million five-year agreement with the WA Road Safety Commission to supply multi-function fixed site enforcement camera programs, detecting a range of road offences including average speeding, mobile phone use, improper seatbelt use, “red X” lane violations and unlicensed vehicles. This new agreement, awarded after a competitive tender process, follows on from a trial agreement that commenced operations in January 2022 and is in addition to the $9.4 million trailer-based enforcement contract announced in October 2024. 

 

Etherstack (ASX: ESK) signed a platform refresh contract with Energy Queensland valued at A$0.8 million. The contract signing further validates Etherstack’s technology with renewal from a longstanding customer who has continued to use Etherstack’s radio technology since 2012.

 

Lotus Resources (ASX: LOT) Managing Director Greg Bittar caught up with Crux Investor’s Matthew Gordon for a chat on the successful restart of uranium production at the company’s Kayelekera Project in Malawi earlier this month. Click here to watch the interview and here to read the accompanying commentary.

 

At the Africa Down Under conference in Perth, Perseus Mining (ASX: PRU) Managing Director and CEO Jeff Quartermaine took part in a fireside chat with Paydirt Media Editor Dominic Piper. Hear Jeff reflect on Perseus’s values, its positive impact on local communities, and the next phase of growth as he prepares to step down following a highly successful 13-year tenure. A replay was also released following Chief Financial Officer Lee-Anne de Bruin’s presentation at the Mining Forum Americas. Perseus was also discussed in Crux Investor: $5,000 per ounce possible as Gold passes $3,600 – Best Mining Stocks for 2025 Bull Run.

 

West African Resources (ASX: WAF) Executive Chairman and CEO Richard Hyde gave a presentation at Mining Forum Americas, highlighting the company’s almost 20-year track record of working in Burkina Faso, and the significant contributions made in-country as the company strives to deliver ongoing sustainable growth and shared value.


Cygnus Metals (ASX: CY5) reported a 78% increase in M&I resource at its Chibougamau Copper-Gold Project in Quebec. The Mineral Resource update showed significant growth with initial resource from Golden Eye; the increase in M&I provides foundation for advancing economic studies, substantial scope for further resource growth with ongoing drilling. Covered in Small Caps, Canadian Mining Journal. Executive Chairman David Southam gave a presentation at the 2025 Precious Metals Summit (pre resource upgrade release).

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Latest research from Petra Capital on Aurum Resources (ASX: AUE) is a Buy rating and a $0.93/sh price target. Analyst Andrew Richards says Aurum is “one of the most active and well-funded gold explorers on the ASX” with 10 rigs drilling across a growing footprint in Côte d’Ivoire. This includes new ground adjacent to AUE’s Boundiali and Napié Projects (3.28Moz total gold resource).

 

Blue Ocean Equities’ latest research on Larvotto Resources (ASX: LRV) maintained a Buy rating, increasing its price target to $1.60 (previous $1.45). Senior Resources Analyst Carlos Crowley Vazquez noted, "strong re-rating potential as LRV moves into production and becomes an established gold and antimony producer with expected EBITDA of A$320m in FY27 (first full year of production) vs its current FD Market cap of A$350m (EV of A$420m)."

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METALS, MINING AND ENERGY

 

Midas Minerals (ASX: MM1) will fund its Otavi Copper Project acquisition and accelerate exploration at the Otavi and South Otavi projects in Namibia following firm commitments for a Placement to raise up to $11.5 million (before costs). Covered by Mining.com.au.

 

Wildcat Resources’ (ASX: WC8) first two diamond holes at Bolt Cutter Central lithium discovery, ~10km from its Tabba Tabba Project, returned high-grade lithium in a stacked pegmatite system with results including 12.8m @ 2.0% Li2O from 45.3m. X-Ray Diffraction (XRD) confirmed spodumene at both Harry and Hermione pegmatites, and they remain open in all directions. RC drilling planned for late September will test the Hermione trend and three other trends and aim to extend Harry.

 

Native Mineral Resources (ASX: NMR) has ramped up gold production at its Blackjack Operations in QLD, with 700oz gold doré produced in its latest pours. The next Blackjack pour is scheduled for late September, incorporating blended material from the Far Fanning deposit for the first time. Covered by Australian Mining and Mining.com.au.

 

Sampling at Iltani Resources’ (ASX: ILT) Orient Silver-Indium Project has expanded its size and prospectivity, with existing targets confirmed and new targets identified.  Iltani plans to commence the Shallow VTEM Target Drilling program by end September/early October, targeting the areas sampled at Orient North, South, East and West, while additional drilling at Orient East is complete, with maiden MRE calculation underway, due early October. Covered by Mining.com.au

 

Power Minerals (ASX: PNN) received the highest REE grades to date at the Santa Anna Project in Brazil after re-assaying samples due to REE results exceeding test limits. Re-assayed samples returned results including 1m at 62,027ppm (6.20%) TREO from 4m with 0.76% NdPr. Power has a leach testing program underway on samples from Santa Anna, and drilling continues. 

 

Argent Minerals (ASX: ARD) reported exceptional silver grades up to 981.26 g/t Ag Eq (242 g/t Ag), from diamond drilling at its Kempfield Silver-Polymetallic Project in NSW. Diamond drillhole AKDD208 intersected 196.4m of mineralisation across three zones, including standout results of 145m @ 87.66 g/t Ag Eq, including 27m @ 226.2 g/t Ag Eq and 42.6m @ 102.02 g/t Ag Eq, including 7.3m @ 324.4 g/t Ag Eq. A previously unknown mineralised zone has been intersected at 283m which further supports the under explored nature the VMS system over Kempfield. Covered by Stockhead and SmallCaps.

 

Victory Metals (ASX: VTM) delivered infill aircore drilling results from its North Stanmore REE Project in WA that included some of the highest grades of dysprosium ever reported from a clay-hosted system. With assay results confirming up to 218ppm Dy2O3, North Stanmore is emerging as one of the most unique and strategically important heavy rare earth clay deposits worldwide. Covered by Stockhead, Australian Mining and Mining.com.au.

 

Falcon Metals (ASX: FAL) delivered a standout hit of 0.3m @ 185 g/t gold in the latest diamond drilling results received from its Blue Moon discovery in Victoria. The drill program just north of Bendigo is ongoing, with a fourth diamond hole now completed and a fifth underway. Falcon has also secured a second diamond rig to test the continuation of high-grade gold along strike from next month. Covered by Stockhead.

 

Lincoln Minerals (ASX: LML) defined two additional high-priority drill targets at its Minbrie Copper-Base Metals Project on South Australia’s Eyre Peninsula. These new targets build on LML’s “discovery hole” BUDD192 and further confirm the project’s large-scale potential. LML continues to refine and identify new targets ahead of planned drilling later this year.

 

Zeotech (ASX: ZEO) executed a significant binding kaolin direct shipping ore (“DSO”) offtake agreement with Jiangsu Mineral Sources International Trading Co, Limited (“MSI”), an international trading house established in China and one of the world's leading independent bulk raw material trading companies. 

 

HRE Ltd (ASX: HRE) provided an update on the multiple exploration workstreams across its highly prospective minerals’ portfolio in South Australia and Western Australia. HRE’s total South Australian portfolio covers 2,949km2 and includes the historic Radium Hill Line

of Lode, the Prospect Hill Project and the Lake Namba-Billeroo Project. Covered by Stockhead

 

Gladiator Metals (TSXV: GLAD) reported promising initial assay results from maiden drilling at the Whitehorse Copper Project in Canada, where work at the Valerie and Little Chief prospects has uncovered multiple new copper-gold skarn and intrusive-related mineralized trends. Highlights from the Valerie trend included 15.8m @ 0.85% Cu intersected in chalcopyrite-veined intrusive with porphyry-like features, while Little Chief returned high-grade gold hits including 1m @ 13.35 g/t Au & 1m @ 7.64 g/t Au & 1.67% Cu plus 23.2 g/t Ag. Covered by Crux Investor

 

Infinity Mining (ASX: IMI) completed a LiDAR survey at its Monkey Gully Gold Project (EL 7620), eastern Victoria which has identified a total of 263 historical mine workings.  The survey has highlighted a dense cluster of these workings around the margin of a Devonian intrusion. This area has been designated a priority target for follow-up exploration, focused on the potential for Intrusion-Related Gold Systems (IRGS). Covered by The Market Bull and The West

 

Mandrake Resources (ASX: MAN) confirmed lithium concentrations of up to 340mg/L at its 100%-owned Utah Lithium Project. Brine sampling from the Paradox Formation highlights the potential for high-grade bulk lithium brines comparable to world-class basins such as the Smackover Formation. Backed by $13.3M cash and no debt, Mandrake is well-funded to advance ongoing brine flow modelling, with additional results expected shortly.

 

Strata Minerals (ASX: SMX) signed a binding tenement option agreement with SGMB Resources Pty Ltd for an option to acquire a 100% interest in the Zelica Gold Project in world class gold Laverton Province of Western Australia’s Eastern Goldfields region.  Covered by Small Caps 

 

Bastion Minerals (ASX: BMO) commenced a geochemical exploration program at its ICE Copper-Gold Project, located in the the Yukon Territory, Western Canada. This work, undertaken in collaboration with the Ross River Dena Council’s Tu Łidlini Lands Department, will help shape the 2026 exploration pathway. With a JORC 2012 Mineral Resource Estimate of 6.43 Mt @ 1.07% Cu, defined from just ~1% of the project area, ICE presents significant growth potential. Eleven priority VHMS targets have already been identified, with conductors extending beyond the current resource footprint.

 

Evergreen Lithium (ASX: EG1) completed its acquisitions of Golden Manifresto Pty Ltd  and Trumpeter Resources Pty Ltd.  After a thorough evaluation of gold assets, the company identified the Queens and Mt Monger Gold Projects as standout opportunities to enhance its gold strategy. Both projects are situated in Western Australia’s premier goldfields and benefit from excellent infrastructure, including sealed roads, grid power, and nearby processing facilities, enabling efficient exploration and development.

 

Robex Resources (ASX: RXR) Managing Director Matthew Wilcox gave a presentation at the 2025 Precious Metals Summit. Hear him discuss construction progress at our Kiniero Gold Project in Guinea, which remains on track for first gold pour in December, ahead of commercial production expected in Q1 2026.

 

FireFly Metals (ASX: FFM) attended the 2025 Precious Metals Summit in Beaver Creek and Mining Forum Americas, with CEO Darren Cooke presenting at both. Watch the presentation replays here and here.


Koonenberry Gold (ASX: KNB) completed initial field work at the Wilga Flats Project within the Lachlan Fold Belt, NSW with encouraging geochemical results returned from Olaf’s trend. Covered by Stockhead.

 

RENEWABLE ENERGY

 

NH3 Clean Energy (ASX: NH3) signed a Commitment Agreement with Pilbara Ports Authority for ~7.5 ha at the Port of Dampier. The site will support ammonia loading and near-port storage for the WAH2 project, strengthening NH3’s partnership and enabling future expansion. Covered in WA Business News & Offshore Online. 


Provaris Energy (ASX: PV1) advised that the implementation of key terms and progress under the Joint Development Agreement with Yinson Production AS for innovative large-scale liquid CO2 (LCO2) tank design and commercialisation continues. Key highlights are detailed here, including the issue of 10 million PV1 shares to Yinson has now been finalised.

 

BIOTECH

 

Imugene (ASX: IMU) reported the Overall Response Rate has increased to 81% in its azer-cel CAR T Phase 1b trial. This includes 7 Complete Responses and 6 Partial Responses, with two new patients achieving Partial Response.


Imricor (ASX: IMR) successfully completed its Human Factors (HF) study covering all the Company’s devices currently under review by the U.S. Food and Drug Administration (FDA). The study represents a major milestone and inflection point in Imricor’s global strategy, as it continues to advance towards FDA market approval.

 

A government-funded pilot of PainChek’s (ASX: PCK) Adult App in Scotland as part of its UK commercialisation confirmed outstanding clinical benefits including up to 40% reduction in falls and up to 27% reduction in dependency and care needs, with clinical improvements including 25% reduction in analgesic use and 33% reduction in antipsychotic prescriptions. It also outlined a potential £66 million (~A$134 million) saving in the Scottish healthcare system across 23,000 residents. The pilot study is now moving into phase two to assess the use of PainChek within specific hospital wards, for use by both Nurses and Healthcare teams.

 

Proteomics International (ASX: PIQ) was granted ISO 15189 certification for its Australian laboratory operations. This medical testing certification represents a core milestone in the commercialisation and clinical use of the Company's suite of precision diagnostic tests. This internationally recognised accreditation supports Proteomics International's national roll-out of its specialist laboratory developed tests in Australia, including PromarkerD (launched 20 August) and PromarkerEso (launched this week).

 

TECHNOLOGY

 

Iondrive (ASX: ION) signed a binding Term Sheet with Livium Ltd (ASX: LIT) to commercialise its Deep Eutectic Solvent technology. Livium will supply solar panels, battery black mass, rare earth magnets and other e-waste for processing, giving Iondrive access to commercial feedstock. The partnership combines Livium’s recycling network with Iondrive’s >95% recovery results, with pilot plant commissioning targeted for the end of 2025. Covered in SmallCaps & Mining.com.au.


Pathkey.AI (ASX: PKY) hit a major R&D milestone with TrialKey now integrating drug-level features, marking its first step beyond biotech clinical trial optimisation towards AI-powered drug discovery. Covered by Proactive Investors and The Market Bull.

 

CORPORATE NEWS

 

Ionic Rare Earths (ASX: IXR) is raising up to ~$6 million (before costs) via a rights issue and also secured commitments of $1.125 million from institutional investors and executives in a placement on the same terms. Funds raised will be used primarily to progress Belfast magnet recycling project, the Brazilian rare earth refining and recycling Viridion joint venture, and expansion of activities into the US. 

 

Lakes Blue Energy (ASX: LKO) raised $5.8 million in a placement strongly supported by new and existing shareholders, including Non-Executive Director Nick Mathers subscribing for $500,000 worth of shares. The proceeds will see the Company well-funded to further advance the Company’s Wombat project to target near-term cash flow opportunities. Lakes is currently drilling the Wombat-5 well and announced significant gas shows of up to 2,910 units or 581,000 ppm, in good quality sands on 11 September.

 

Yari Minerals (ASX: YAR) raised $1.5m through a placement, including a $500k cornerstone from the Copulos Group to support its inaugural drilling campaign at the South Rolleston Coal Project in the Bowen Basin. Drilling will target a potential upgrade of the current 190Mt JORC Inferred Resource, confirm high-quality semi-soft metallurgical coal through test-work, and include geotechnical drilling. Regulatory approvals are being finalised to enable drilling to commence shortly. Covered in Mining.com.au & IQ Queensland. 

 

EQ Resources (ASX: EQR) announced the appointment of experienced Tungsten industry executive Mr Craig Bradshaw as Managing Director commencing 1 October 2025. Craig is an experienced global tungsten industry executive and was a former CEO of Masan High-Tech Materials, the operator of the Nui Phao Tungsten Mine, and Processing Complex in Vietnam and MD of H.C. Starck Tungsten Powders GmbH, a global producer of Tungsten chemicals, powders, carbides, Germany, China and Canada.

 

Alligator Energy (ASX: AGE) announced strategic changes to its management structure as it pursues its strategy of progressing from uranium explorer to emerging producer. The Executive Management team has been strengthened with the appointment of Mr Joe Sutanto as Chief Financial Officer (effective 1 October 2025), Mr David Brink joined Alligator as General Manager Operations, and Mr Christian Knott as General Manager Approvals and Sustainability (effective 22 September 2025). Covered by Mining.com.au and ShareCafe

 

AGH Limited (ASX: AGH) secured binding commitments to raise $2.55 million through a share placement and has provided a business update under its new leadership team, led by Interim CEO Barry Katzman. Covered by Finance News Network

 

Kaiser Reef (ASX: KAU) appointed Craig Dingley as an Independent Non-Executive Director effective immediately.  Craig is a qualified Chartered Accountant with 20 years’ experience in commercial roles in the natural resources sector. His expertise spans capital markets, mergers and acquisitions, and investor relations across a range of commodities including oil and gas, iron ore and gold. He has previously held roles with Rio Tinto and KPMG, and currently serves with Catalyst Metals Limited.


Emyria (ASX: EMD) announced the successful completion of its Less than Marketable Parcel Share Sale Facility, resulting in the acquisition of 9,124,870 fully paid ordinary shares (Shares) held by eligible Less than Marketable (LMP) shareholders by a consortium of specialist life sciences investors at a price of $0.05 per Share, representing a 6.38% premium to the Company’s last traded Share price of $0.047 on 12 September.

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Radiopharm Theranostics (ASX: RAD) is hosting a key opinion leader webinar on Thursday, September 25 at 10:30am AEST with Dr Ramji Rajendran of the Alexian Brothers Medical Center to discuss Pivalate and the detection of relapsed brain metastases from solid tumors. Register HERE.

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Larvotto Resources (ASX: LRV) featured in coverage by Mining.com.au, highlighting its rapid development progress from acquisition to FID and financing success within 14 months as it fast-tracks the path to become Australia’s second antimony producer at its Hillgrove Antimony-Gold Project in NSW in 2026.

 

Many Peaks Minerals (ASX: MPK) featured in “Monster Deposit’s High-Grade, Bulk Tonnage Potential Just Getting Started at MPK’s Ferké Gold Project” with its Ferké Gold Project revealing remarkable continuity of mineralisation from surface, with grades improving as drilling goes deeper.


Magmatic Resources (ASX: MAG) with gold trading at record highs, the acquisition of the Weebo Gold Project in WA’s Northern Goldfields has drawn strong investor interest as reported by Stockhead. The 200km² project is strategically located between five multi-million-ounce gold mines and sits within the same rock formations as Bronzewing, Thunderbox and Darlot. Magmatic has commenced a 3700m aircore and RC drilling campaign at the Ockerburry and Scone Stone prospects, building on strong historical results such as 2m @ 18.4 g/t Au from 8m and 4m @ 29.9 g/t Au from 8m.

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Ionic Rare Earths (ASX: IXR) Investor Presentation | September 2025

 

Falcon Metals (ASX: FAL) Investor Presentation - September 2025


Lakes Blue Energy (ASX: LKO) Capital Raising Presentation

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Cue Energy Limited (ASX:CUE) — Replay of MD Matt Boyle’s presentation from last week’s RIU Good Oil & Gas Energy Conference.

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Helios Energy Limited (ASX:HE8) — Replay of MD Philip Kin’s presentation from last week’s RIU Good Oil & Gas Energy Conference.

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Investigator Resources (ASX: IVR) - Managing Director, Lachlan Wallace delivered a comprehensive webinar discussion on the Paris Silver Project DFS Reset and the positive outlook for the Company

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Alligator Energy’s (ASX: AGE) CEO Andrea Marsland-Smith joined Wally Graham of Resources Roadhouse at last week’s RIU Uranium Investment Day conference, to chat about what’s ahead for Alligator’s uranium projects in South Australia. A replay of her presentation is also available.

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IRIS Metals (ASX: IR1) President of US Operations Matt Hartmann spoke with Small Caps about the strategic significance of the Ingersoll project acquisition and how it integrates into IRIS’s hub-and-spoke model across a portfolio that already includes Beecher, Tin Mountain and Edison.

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Replay of Falcon Metals (ASX: FAL) MD Tim Markwell’s presentation from Resources Rising Stars

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Replay of Koba Resources (ASX: KOB) Managing Director & CEO Ben Vallerine’s presentation at RIU’s Uranium Investment Day Conference

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