METALS, MINING AND ENERGY
Trigg Minerals (ASX: TMG) uncovered a major new high-grade antimony zone 1km north of the core Antimony Canyon Project, with samples up to 29.4% Sb and multiple results above 1% Sb, expanding the mineralised strike to +3.5km and confirms a clearly defined geological host unit, the ‘Salt n Pepper’ tuff, averaging 3.07% Sb in channel sampling. The northern extension aligns with key fault structures and CSAMT conductors, opening a significant new target area. Results reinforce Antimony Canyon as one of the highest-grade undeveloped antimony systems in the U.S., with targets now being finalised for drilling. Covered by Stockhead and Small Caps.
Trigg continues to build government support for its US projects, with Managing Director Andre Booyzen delivering a presentation to the Utah State Natural Resources, Agriculture and Environment Interim Committee. Mr Booyzen also met U.S. Department of Energy and the U.S. Department of War representatives in Washington, D.C. to discuss ACP and its Tennessee Mountain tungsten project in Nevada. Covered by Stockhead.
Power Minerals (ASX: PNN) returned more high-grade niobium and rare earth results from shallow auger drilling at its Santa Anna Project in Brazil, including 20m at 2,006ppm Nb₂O₅ and 20m at 4,757ppm TREO, reinforcing the scale of near-surface mineralisation. With a 10,000m RC drilling program set to begin next month to test uncharted areas and target a maiden Mineral Resource in Q1 2026, the results strengthen Santa Anna’s potential as a high-grade critical minerals opportunity. Covered by Stockhead.
Power delivered a Conceptual Development Study for the Incahuasi Lithium Project, confirming the Project’s technical viability and establishing an attractive, logical baseline to advance development with JV partner Summit Nanotech. The Study contemplates producing 5,000 tpa of high-purity lithium carbonate (99.95% Li₂CO₃) over a 20-year mine life from the current JORC 2012 Measured and Indicated Mineral Resource of 235,073t LCE, with brine extracted and concentrated on-site then transported to a shared central DLE facility at Pocitos for processing via Summit’s denaLi™ technology. Covered by Stockhead.
Element 25 (ASX: E25) is advancing its Butcherbird Expansion Project in WA, targeting 1.1Mtpa manganese concentrate production, with lead engineer Altris Engineering underway, key equipment procured, mining contract selection nearing completion, and offtake negotiations well progressed. The project is backed by a $10m placement and a $50m NAIF debt facility, with additional funding term sheets under negotiation, and is fully approved under WA regulations. The expanded output will underpin more than 18 years of mine life and support feedstock supply for Element 25’s planned US HPMSM battery materials refinery. Covered by Mining Weekly.
The first mining blast was completed at the open pit of Lotus Resources (ASX: LOT) Kayelekera Mine in Malawi, following the commencement of uranium production in August 2025. This key milestone marks mining commencement at Kayelekera, enabling the company’s planned transition from processing previously mined ore stockpiles to include new run-of-mine ore from the Kayelekera mine. Our ramp up to a steady-state uranium production level of 200,000 lbs of U3O8 per month at Kayelekera remains on track for Q1 CY2026.
Aureka (ASX: AKA) released new assay results from the St Arnaud Comstock Project, reporting some of the strongest mineralised intervals encountered to date. The latest drilling returned 1m at 65.37 g/t gold from 116.2m, including 0.3m at 109 g/t gold, which represents the highest individual assay recorded in Aureka’s drilling at Comstock. Other results included 10.04m at 1.58 g/t gold and 15.39m at 0.63 g/t gold. Importantly, all of these intercepts lie outside the maiden JORC Resource boundary, extending known mineralisation by up to 100m and supporting the potential for future resource growth.
Kalamazoo Resources (ASX: KZR) highlighted significant brownfields and greenfields growth potential at the 1.44Moz Ashburton Gold Project in WA, including a defined target portfolio pipeline with the opportunity to add further mine life and value beyond the recently released Mt Olympus Scoping Study. Covered by The West Australian, Australian Resources & Investment and Mining.com.au.
Chariot Corporation (ASX: CC9) executed an agreement with its local partner Continental Lithium Limited and joint venture entity C&C Minerals Limited to establish small-scale mining (“SSM”) across the Company’s Nigerian lithium portfolio.
IRIS Metals (ASX: IR1) signed a Collaboration Agreement with U.S. based Rock Zero Inc. to
accelerate the development of lithium refining capacity in the United States. The collaboration combines IRIS’ permitted hardrock lithium resources in South Dakota with Rock Zero’s proprietary lithium refining technology to pursue domestic non-dilutive government funding
opportunities.
Evergreen Lithium (ASX:EG1) signed a binding Heads of Agreement with Mr Ross Fredrick Crew to acquire 100% of five tenements that materially expand the northern strike extent of the Company’s Queens Gold Project in the Leonora Goldfields, Western Australia.
BOA Resources (ASX: BOA) announced a transformational acquisition of a 49% interest in the Neds Creek Copper Project in WA’s Murchison region. The acquisition includes 13 exploration licences (consisting of 12 pending exploration licences and one granted exploration licence) covering ~1,140km² near Sandfire’s DeGrussa and Monty copper mines and surrounding the Green Dragon and Thaduna copper deposits. Drilling for H1 2026.
Argent Minerals (ASX: ARD) commenced a drilling program across multiple high-priority target areas within the Kempfield Silver-Polymetallic Project and Trunkey Creek Gold Project in NSW. The program, comprising 45 reverse circulation and diamond drill holes for a total of ~3,200m, is targeting multiple gold, silver and polymetallic targets. Covered by Stockhead.
Iltani Resources (ASX:ILT) shareholders approved a $2M equity investment by the Queensland Investment Corporation’s (QIC) Critical Minerals and Battery Technology Fund. The investment unlocks a further $6M royalty investment, allowing the full $8M funding to proceed. The funding will accelerate exploration and project development at the Orient Silver–Indium Project in North Queensland.
Native Mineral Resources’ (ASX: NMR) Blackjack Gold Project surpassed 1,000oz gold production. The companies TSF and Far Fanning works continue to advance, with regular gold pours from August to November confirming steady-state operations and Blackjack’s transition into a reliable, gold producer.
EQ Resources (ASX: EQR) released an important update on the refinancing of its Spanish Debt. With Oaktree’s Letters of Guarantee expected to be extended and term sheets now in hand, EQR is progressing strongly toward a binding refinancing outcome.
Golden Dragon Mining (ASX: GDR) commenced Reverse Circulation (RC) drilling at Coodardy within the larger the Behring Bore area, one of Golden Dragon’s advanced gold targets in WA’s Goldfields region.
RENEWABLE ENERGY
Frontier Energy (ASX: FHE) Executive Director and substantial holder Grant Davey moved to ~10% holding in FHE following latest on market purchases. Over 2024 and 2025 to date, Grant has continued to back the company, buying ~$1.854m worth of shares on market.
Norway turned on a winter wonderland to welcome a delegation to Provaris Energy’s (ASX: PV1) newly established Robotics Innovation Centre in Fiskå on the West Coast, where the company showcased the fabrication of its world-first compressed H2 prototype tank under development using a robotic cell. Chairman Greg Martin also gave an address at the company’s AGM, highlighting the transformative and strategically significant year it has been for Provaris, and priorities moving into 2026.
BIOTECH
Syntara (ASX: SNT) will progress its next-generation topical anti-fibrotic SNT-9465 into a Phase 1b hypertrophic scar study after Phase 1a confirmed dose-dependent target engagement and a good safety profile. The split-scar Phase 1b trial will commence ahead of schedule, while the Fiona Wood Foundation/University of Western Australia keloid study has reached 50% recruitment. Both programs remain on track to deliver results in 2026 to support an FDA IND application. Covered by AusBiotech.
Bioxyne (ASX: BXN) has dispatched its second shipment of Australian-manufactured, GMP-grade MDMA capsules to the Victorian Government’s Eastern Health department, arriving less than two weeks after the landmark first Australian-made batch. The delivery supports a groundbreaking public health clinical trial focused on treating patients with treatment-resistant PTSD co-occurring with borderline personality disorder.
Proteomics (AS: PIQ) announced its majority-owned subsidiary OxiDx Pty Ltd, in collaboration with The University of Western Australia, presented groundbreaking performance data showing that thoroughbred horses racing without oxidative stress (as measured by the OxiDx test) were 76% more likely to place and 49% more likely to win than horses with oxidative stress. Proteomics also announced that the US Centers for Medicare & Medicaid Services (CMS) published its final determination of the national reimbursement price for PIQ’s next-generation Promarker®D test system, the predictive test for diabetic kidney disease (DKD).
INDUSTRIALS
ECS Botanics (ASX: ECS) launched Australia's first sugar-free, vegan THC gummies under its OzSun brand, as B2C sales have grown to surpass 60% of revenue.
TECHNOLOGY
Pathkey.AI (ASX: PKY) completed a $2.5m placement and launched a rights issue to accelerate AI growth. Covered by The Market Bull.
CORPORATE NEWS
Chimeric Therapeutics (ASX: CHM) received a $4.5 million R&D tax incentive refund from the Australian Government, recognising its eligible research and development activities during FY2025. The refund, provided under the national R&D Tax Incentive program offering up to a 43.5% refundable offset, will support the Company’s ongoing cell therapy development efforts. Covered by Proactive.
ReNerve (ASX: RNV) received commitments from new and existing institutional and sophisticated investors, to raise approximately $3.2M before costs. The Placement was well supported by new and existing shareholders and the Company is pleased to welcome
the new investors on to the register.
Bio-Gene Technology (ASX: BGT) received a $519,500 R&D tax incentive refund from the Australian Taxation Office for eligible FY2025 research activities, supporting the development of its novel, nature-derived insecticides Flavocide® and Qcide®. The refund, provided under the Federal Government program offering a 43.5% rebate on qualifying R&D expenditure, reinforces Bio-Gene’s ongoing investment in innovative, patent-protected insecticide technologies for global markets.
KGL Resources (ASX:KGL) appointed Lindi Deguara as a Non-executive Independent Director. Lindi is an accomplished director and executive with more than 20 years’ experience across governance, legal, commercial and corporate leadership roles. She is Managing Director of her own advisory firm and incorporated legal practice, Strategic & Commercial Outcomes, advising on major energy, infrastructure, and resources projects.
Recharge Metals (ASX:REC) advised Simon Andrew will step down as its Non-Executive Chairman and Chris Zielinski will be appointed as Non-Executive Director at the conclusion of the AGM. Chris is an experienced corporate lawyer and a director of Nova Legal, a Perth-based corporate law firm. He brings extensive expertise across corporate and commercial law, including mergers and acquisitions, equity capital markets, regulatory compliance and commercial transactions, with a strong focus on the resources and technology sectors within the ASX-listed environment.
Iondrive (ASX: ION) secured $4M at no discount to accelerate its US e-waste recycling plans. Cornerstone investors supported the round alongside $180k from Directors and management.