Mining

Eligible shareholders accepted 20,335,590 new shares. The shortfall was 207,324,271 new shares, which works out at an issue price of A$0.015 per share. Sub-underwriting clients of Shaw and Partners will take up the shortfall, so most of the new shares will sit with those …

A Topdrill rig was secured and a dozer mobilised for pad preparation. The report describes a program of roughly 7 to 11 holes, with a September candidate plan totalling 1,820 metres.

Mandrake said Electroflow intends to produce battery-grade lithium carbonate and lithium iron phosphate, and that the results will inform purity, recovery and costing data for future scoping studies. Brine is also to be supplied to other extraction providers.

The four holes confirmed down-dip continuity below the Gossan 1 and Gossan 1 East areas. At Gossan 1, hole GLBPD009 cut 8.20 metres at 3.5 per cent copper equivalent from 8 metres, including 2.12 metres at 6.2 per cent. Peak values in that hole …

Hole 26MBRC070 returned 12 metres at 3.85 grams per tonne gold from 50 metres, including 1 metre at 30.03 g/t from 57 metres, which the company described as the best gram-metre intercept at the project. It said the 30 g/t single-metre result supports the …

A Mining Lease application covering Homestead and Winja was lodged in December 2025, and targeted diamond drilling for geotechnical and metallurgical data was due to start in October 2026. A Mining Lease application for the Kingsley deposit followed on 30 July 2026, and Kingsley …

Total subscriptions were about A$0.86 million, and the excess of about A$40,000 was reallocated to the placement with the agreement of the relevant investors. The issue price was A$0.012 per share, being the lower of A$0.015 and a 10 per cent discount to the …