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Highlights
Miramar Resources finalised funding to support multiple exploration initiatives in Western Australia
Dart Mining completed due diligence on an antimony-gold project in Queensland
Riversgold advanced its drilling at the Northern Zone project with continued mineralisation
Miramar Resources announced the completion of a capital raising initiative to fund exploration activities across several mineral projects in Western Australia. The proceeds will support programs at the Gidji joint venture, Whaleshark, Chain Pool, and Bangemall projects. Each of these projects is positioned within key regions known for gold and critical mineral prospects, aligning with the broader strength seen across mining stocks on the ASX 200.
The company's focus remains on furthering exploration work, particularly in gold and battery-related minerals, reinforcing its operational activities in prospective tenement regions. This development adds to broader activity within the small-cap segment of the mining sector.
Star Minerals (ASX:SMS)
Star Minerals disclosed its cash position at the end of the March quarter. The update aligns with its ongoing operational strategy and provides insights into its short-term liquidity. Star Minerals has been involved in activities related to base and precious metals, particularly across Western Australian sites.
The company's financial standing supports ongoing work programs as part of its wider commitment to regional resource development. It remains engaged with exploration strategies aligned with broader sector movements in small-cap mining stocks.
Dart Mining (ASX:DTM)
Dart Mining completed due diligence for the Coonambula antimony-gold project located in Queensland. The project falls under a binding term sheet agreement with Great Divide Mining (ASX:GDM), providing Dart Mining with the right to earn an interest in multiple tenements that comprise the site.
This move supports Dart Mining’s strategy of diversifying its project portfolio into critical and precious minerals, complementing its historical work in eastern Australia. The Coonambula project represents a noteworthy expansion initiative within the small-cap space of the ASX 200, especially among focused mining stocks.
Litchfield Minerals (ASX:LMS)
Litchfield Minerals advanced its activities at the Oonagalabi project located in the Northern Territory. The company completed a reverse circulation drilling program targeting both geophysical anomalies and known zones of mineralisation.
The exploration work was centred on identifying extensions of mineralised systems, with the drill holes designed to evaluate subsurface continuity. The project is situated in a region known for base metals, and the recent drilling aligns with Litchfield’s goals to expand its geological understanding.
Riversgold (ASX:RGL)
Riversgold updated on progress from its Northern Zone project in Western Australia, where recent drilling continued to intersect gold mineralisation within a host porphyry. The drill program was conducted to test the extent and continuity of mineralised zones across the tenement.
All holes from the current program intersected mineralised zones, supporting the geological model underpinning the project. The company remains active in the gold exploration space, with Northern Zone forming a key part of its Western Australian operations.
This collection of updates reflects active engagement by small-cap entities on the ASX 200 across diverse geological settings in Australia. Each company highlighted remains focused on advancing mining stocks exploration and development programs.
