Mining

Capricorn hosts an Inferred resource of 659,300 tonnes at 1.2 grams per tonne gold, originally reported by Horizon Minerals (ASX:HRZ) in 2022. Inferred is the lowest-confidence resource category, so infill and extension drilling is needed before any part could support mine planning.

Managing director Venkatesh Padala described the decision as a great relief after an extended wait, and said the company could now finalise its maiden JORC resource and plan further exploration and development.

Esperanza sits at lower elevation, below the recent snow line, and the rig was set up to collar the first hole ever drilled there. Managing director Oliver Kiddie said the move kept the programme advancing while roads were restored, and noted that Esperanza was …

Chief executive Daniel Hastings explained the timing. With resource drilling at the established 309 and Lone Sister deposits awaiting remaining assays and interim modelling, the company is taking the opportunity to test what he called highly promising discovery targets. That is an efficient use …

Atana would make an initial US$800,000EquityInvestmentin Greenwing at a premium and could earn up to 37.5% of the project by funding an estimated US$15.3 million of development work. After a preliminary feasibility study, Atana would hold an option to buy the remaining 62.5% for …

It shows the company has worked with traditional owners to identify and avoid culturally significant areas, and it removes one of the two approvals the company has linked to drill readiness.

The company announced on 27 October 2026 that it had entered into a definitive agreement with private Canadian landowners to acquire a 90% interest in patented mineral right PAT4887, situated immediately along strike to the north-east of the high-grade Tillex Copper-Silver Deposit. The acquisition …