en.Wedoany.com Reported - Cazaly Resources has cleared key access hurdles for drilling at the Hastings gold target within the Goongarrie project in Western Australia's Eastern Goldfields, sending its share price higher. Heritage surveys over 2.6 kilometers of strike at the Hastings target have been completed. Cazaly has secured an air-core drill rig and will commence a 3,000-meter drilling program in July, with any standout air-core results planned for follow-up via deeper RC drilling. The drilling will target the along-strike mineralization trend of historical intercepts, including 38 meters at 3.1 grams per tonne gold from 62 meters to end of hole. Other historical data includes: 5 meters at 8.31 g/t gold from 73 meters, 3 meters at 5.62 g/t gold from 85 meters, and 5 meters at 2.65 g/t gold from 45 meters. Hastings is located on the Bardoc structural zone, 9 kilometers north of Genesis Minerals' 1.6-million-ounce Aphrodite gold discovery. Mineralization extends over 1 kilometer of strike under shallow cover, providing a near-term drilling catalyst on a proven gold belt. The Goongarrie project covers 70 square kilometers, approximately 90 kilometers north of Kalgoorlie, and includes 12 kilometers of the Bardoc structural zone, the northern extension of the Boulder-Lefroy shear zone. Air-core drilling in July is the next key milestone.
Evergold Minerals has cleared an environmental hurdle at the Craig's Rest gold project near Leonora in Western Australia, with its share price edging higher. Flora and fauna surveys have been completed, positioning Evergold for potential mining in 2027, subject to approvals, drilling, and technical work. Hydrological studies will follow to guide mine planning, water management, and the approval process. Evergold is arranging soil geochemistry and drone magnetic surveys to test resource growth potential along the Wonder Fault corridor. Craig's Rest hosts a JORC Inferred Resource of 48,600 ounces at 1.38 g/t gold, forming the bulk of Evergold's 63,000-ounce resource base in the Leonora goldfield. Historical intercepts include: 5 meters at 57.9 g/t gold from 16 meters, 2 meters at 26.6 g/t gold from 58 meters, and 4 meters at 4.47 g/t gold from 30 meters. Chairman Simon Lill stated that Craig's Rest is the focal point of Evergold's Leonora strategy, with environmental studies and target generation progressing in parallel. The project is within trucking distance of multiple third-party processing plants, offering Evergold a low-capital-expenditure development pathway if approvals and drilling proceed smoothly. Next steps include hydrological surveys, soil sampling, drone magnetic surveys, and resource drilling planning. The market is currently supporting Evergold's dual-track plan to advance Craig's Rest through approvals while testing shallow resource growth.
Aspire Mining saw its share price rise without a new ASX announcement, as traders reassessed progress at its Ovoot coking coal project in Mongolia. The company posted double-digit gains on strong volume, with over 600,000 shares traded. The move appears driven more by renewed market focus on project progress than new disclosures. Recent updates noted progress across multiple fronts, including coal handling and preparation plant design, the Erdenet rail terminal, and financing work. Investors are watching the Murun-Uliastai road process, for which Aspire submitted a bid in January and has now been invited to negotiate a public-private partnership agreement. This road is critical, and infrastructure remains a core barrier to Ovoot's development. Following the completion of the NordSteppe transaction with Talaxis, Aspire has regained exclusive marketing and other rights for Ovoot and Nuurstei. Ovoot is positioned as a large-scale "fat coal" mine targeting markets in China and other Asian markets, with a JORC Resource of 219.4 million tonnes, Reserves of 130.1 million tonnes, and an estimated mine life of 31 years. This provides Aspire with factors attracting speculative buying as market sentiment shifts back toward metallurgical coal and Mongolian infrastructure stories. Risks remain that large-scale coal projects depend on infrastructure, financing, and timelines.
Osmond Resources saw its share price rise as investors supported progress at its Orión critical minerals project in southern Spain, with a scoping study and drilling advancing in parallel. Plant design and product mix work is largely complete, keeping the Orión scoping study on track for Q3 2026. The project targets rutile, zircon, and monazite within the context of European critical minerals. Drilling at SOR-07 and SOR-08 is underway, testing extensions of the 10-square-kilometer Zone 1 target, with results to feed into the mineral resource estimate for the scoping study. Orión is located in the Jaén province of Andalusia, covering 232 square kilometers and comprising 772 mining units, where Osmond has mapped a siliciclastic system enriched in rutile, zircon, hafnium, and rare earth elements. In the Avellanar zone, bulk sampling and drilling returned results including up to 15.16% TiO2, up to 5.57% ZrO2, up to 1.62% monazite, and up to 1.18% TREO. The multi-metal assemblage supports the project's positioning as an EU critical minerals project. With design work complete and drilling underway, the next test is whether results can support the mineral resource estimate for the Orión scoping study.
Firebird Metals saw its share price rise without a new ASX announcement, as investors refocused on its manganese and battery materials exposure. Over the past year, the share price has traded between 7 cents and 31 cents, and it remains above its 12-month low. The real story is Firebird's attempt to transition beyond exploration into a battery materials developer, rather than just another manganese miner. The strategy includes a processing pathway from manganese concentrate to cathode, and plans to build a demonstration plant in Perth, Western Australia. The Perth plant aims to validate an integrated process flow converting manganese concentrate into battery materials such as HPMSM, LMFP precursor, and LMFP cathode active material. Investors are also focusing on the growing role of manganese in battery chemistry, particularly lithium manganese iron phosphate batteries, which are seen as a cheaper alternative to nickel- and cobalt-containing battery systems. Earlier this year, Firebird secured a A$2 million ARENA grant to support the demonstration plant, providing a financing catalyst for investors. In the absence of new news, today's move appears to be a combination of technical buying, critical minerals sentiment, and renewed focus on Firebird's downstream battery business.
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