Resources Top 5: Investors eye pot of gold at end of West Cobar Metals' rainbow
MTM Critical Metals hits a new record after fielding strong antimony recoveries from US e-waste using its Flash Joule Heating technology
After being reinstated to the ASX on May 21, 2025, Bastion Minerals is making progress
Your standout resources stocks for Friday, June 6, 2025
West Cobar Metals (ASX:WC1)
Investors reacted strongly after West Cobar Metals completed the purchase from IGO of the Mystique gold project in Western Australia's Fraser Range, believing it may represent a pot of gold at the end of a rainbow.
Shares more than doubled to a daily high of 3.1c, an increase of 107% with more than 77m shares changing hands.
West Cobar believes the project is highly prospective for orogenic gold deposits and is encouraged by strong results returned by the IGO/Rumble Resources (ASX:RTR) joint venture at the Themis prospect, just 250m outside of, and north of, the Mystique project boundary.
While exploring the adjoining tenements, the JV encountered gold intercepts in saprolite and bedrock that included 25m at 2.42g/t gold from 42m, including 5m at 10.85g/t from 49m, and 16m at 6.69g/t from 42m, including 4m at 22.2g/t from 50m.
Mystique, which covers 35km2 within the Albany-Fraser Province and is about 225km SSE of Kalgoorlie, remains relatively unexplored as most of the area is covered by 30m or more of transported Eocene sediments and there is little surface expression of geology or mineralisation.
'We are delighted to have completed the acquisition of the Mystique Gold Project,' West Cobar Metals' managing director Matt Szwedzicki said.
'The tenement comprises a key land area with exceptional and immediate potential for both shallow saprolite hosted and large-scale basement hosted gold deposits.
'We have identified two high priority targets which justify immediate exploration drilling."
There are Immediate targets at Mystique, supported by widespread drill intersected gold anomalism in transported cover and saprolite, and WC1's intentions are:
To drill test the palaeochannel/saprolite and bedrock gold mineralisation that is likely to extend southwards into West Cobar's ground (Themis South prospect);
To drill test and define significant gold mineralisation targets in the saprolite and basement rocks at the Torquata prospect; and
Drill program being prepared to follow up key targets.
Completion of the acquisition of IGO's 100% interest in tenement E28/2513 occurred following the satisfaction of conditions precedent.
MTM Critical Metals (ASX:MTM)
It has been a strong week for MTM Critical Metals, rising 51.43% to 53c, a new record high, after fielding strong antimony recoveries from US e-waste using its proprietary Flash Joule Heating technology.
The company achieved 98% recovery of the critical mineral and extracted 3.13% antimony from printed circuit board feedstock, with the grade far exceeding that of typical mined ore.
Even China's largest antimony deposits — which dominate global supply — average just 0.5% to 0.7% antimony, making e-waste a vastly richer and largely untapped alternative.
The material had been thermally pre-processed to strip out plastics and volatiles, producing a dense, metal-rich carbon-based residue.
MTM Critical Metals views the results as clear proof of the technical strength and strategic promise of its Flash Joule Heating technology for recovering critical metals from e-waste.
Flash Joule Heating works by passing an electric current through metal-bearing material, rapidly elevating its temperature to more than 3000 degrees kelvin.
This vaporises the target metals as chlorides in seconds and collects the vapours for refining.
'This result demonstrates the strong technical and commercial potential of our FJH process for recovering strategic metals from e-waste,' MTM managing director and CEO Michael Walshe said, adding:
'Achieving 98% recovery of antimony at over 3% grade, from domestic urban feedstock, is particularly significant given the US currently has no meaningful domestic Sb production.
'With antimony designated as a critical metal by both the DoD and DoE, these outcomes reinforce MTM's ability to contribute to onshore supply solutions for high-priority metals. 'Combined with our recently secured, pre-permitted demonstration site in Texas, we are well positioned to scale operations and advance commercial deployment.
'In parallel, the company is engaging with US government agencies, including the DoD and DoE, regarding potential funding to support domestic critical metal recovery.
'While early-stage and non-binding, these discussions reflect strong interest in scalable US-based refining technologies.
'The strategic role of antimony in defence, particularly in armour-piercing alloys and flame-retardant systems, was a consistent theme during recent meetings in Washington.'
Antimony is an essential metal for munitions, semiconductors, batteries and flame retardants, yet the US lacks meaningful domestic production and depends heavily on imports from China.
This reinforces MTM Critical Metals ability to contribute to onshore supply solutions for high-priority metals.
The company has locked in more than 1100 tonnes per year of e-waste feedstock under agreements with US suppliers, providing a strong foundation for commercial deployment.
Bastion Minerals (ASX:BMO)
After being reinstated to the ASX on May 21, 2025, Bastion Minerals is making progress, with a newly appointed leadership team; a review of projects in Chile, Sweden, Australia and Canada; an Exploration Work Permit granted for its ICE copper-gold project in Yukon Province Canada; and an upcoming maiden JORC resource estimate for ICE.
A considerable jump in the company's share price to 0.4c has seen BMO field a price query from the ASX, prompting a trading halt while it prepares a response and details of the resource estimate.
On reinstatement Bastion's non-executive chairman Gavin Rutherford said: "Bastion's recommencement of trading marks a significant and exciting turning point. We have a refreshed board to provide focused leadership and renewed commitment to delivering shareholder value.
'As investors, the incoming board members recognise the value and fantastic potential of the overseas projects in BMO's inventory.
'Our preferred direction is to unlock the potential of these projects through generating partnerships, positioning BMO with equity exposure in the project whilst the selected partner invests and acts to unlock its potential.
'For BMO shareholders this is the best way to combine timeliness, effective investment and shareholder weighted outcomes on three international fronts.
'Meanwhile, Australia has no shortage of gold-weighted projects available, with many of them residing in the hands of private owners.
'We are working through multiple opportunities with an eye to bring projects into BMO that are paid for via exploration. There is no need to expose BMO to the inherent risk of a project purchase when, in my mind, the best due diligence we can execute is via on-ground exploration that resides within a traditional earn-in model.
'We will crawl before we walk, we will build wealth in the company through prudence and I am very much looking forward to BMO shareholders joining us on this journey.'
Subsequently, the company was granted a work permit for ICE, with Rutherford stating: "We are very grateful to have received this consent from the Tu �idlini Lands Department and the Ross River Dena Council for our ICE Copper-Gold Project in Yukon.
'The consent is a vital access step in our pathway to getting 'boots on ground'.'
In light of volatile met coal prices and markets, another company moving in the right direction at last is Coronado Global Resources, which has lifted 15.2% to a daily high of 19c and has risen 90% during the week.
Encouragement has come from a refinanced debt facility with private equity firm Oaktree Capital Management, bringing another player into the potential bidding for the company after reports Czech bargain hunter Pavel Tykac's Se.Ven Global Investments had bought up around US$40m of its debt last month.
The new three year asset-based lending facility comprises $75m to be drawn at financial close with the remaining $75m to be drawn in $25m increments over 12 months.
There will be no testing of leverage and interest coverage financial covenants for the June 2025 quarter, with covenant thresholds from Sept 2025 onwards 'designed to afford the business flexibility' in the current low price environment.
Met coal futures are running at around US$183/t. But that's for the really high quality stuff.
Then, in response to media speculation, Coronado Global Resources advised on Thursday that it is in confidential discussions with Stanwell Corporation regarding potential changes to its coal-supply agreements with Stanwell.
These will potentially provide up to US$150 million in near-term liquidity to Coronado (not in the form of a loan) with Coronado to provide access to additional coal supply for Stanwell to support its power generation capacity.
Waratah Minerals (ASX:WTM)
Turning heads in the copper-gold prolific Macquarie Arc of Central West NSW with an aggressive exploration program at the Spur project is Waratah Minerals, which was 15.5% higher to 41c.
Spur is just 5km west of the Cadia Valley Operations of Newmont and the emerging discovery is showing similar geological markers to those seen in the multi-million-ounce Cowal and Boda systems in the same region of the Lachlan Fold Belt.
The company has a dual focus at Spur with two rigs targeting a large epithermal gold system, while a third rig – the second diamond drill – is set to return to Breccia West prospect to follow up promising porphyry intercepts such as 108m grading 0.52% copper and 0.22g/t gold from surface to end of hole.
Exploration has outlined a broad zone of epithermal stringer and lode-style mineralisation, accompanied by porphyry-style alteration – characteristics consistent with the upper levels of a larger porphyry system, akin to those found elsewhere in the Macquarie Arc.
'We're getting very busy on the ground and getting more confidence, we're recognising what is important in the rocks,' Waratah managing director Peter Duerden said.
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Winners and losers CODE COMPANY PRICE WEEK % MONTH % 6 MONTH %% YEAR % YTD % MARKET CAP MRR Minrex Resources Ltd 0.008 -6% 0% 0% -6% 14% $ 9,763,807.53 NPM Newpeak Metals 0.02 0% -23% 33% 43% 82% $ 6,582,866.48 MTC Metalstech Ltd 0.175 25% 25% 59% -10% 25% $ 38,859,618.00 GED Golden Deeps 0.036 38% 71% 50% 20% 44% $ 5,845,148.13 G88 Golden Mile Res Ltd 0.009 0% -10% 0% -10% 0% $ 4,353,982.84 LAT Latitude 66 Limited 0.036 6% -10% -51% -62% -5% $ 4,875,623.97 NMR Native Mineral Res 0.135 -4% -16% 101% 611% 246% $ 132,119,373.92 AQX Alice Queen Ltd 0.004 0% 0% -43% -43% -50% $ 4,154,088.57 SLZ Sultan Resources Ltd 0.006 0% 20% -25% 0% 0% $ 1,566,501.38 KSN Kingston Resources 0.13 -2% -7% 57% 78% 83% $ 113,405,451.71 AMI Aurelia Metals Ltd 0.19 -3% -3% -21% 6% 12% $ 313,125,938.40 GIB Gibb River Diamonds 0.046 -2% 31% 24% 18% 15% $ 10,081,943.92 KCN Kingsgate Consolid. 2.91 7% 12% 119% 117% 126% $ 729,437,288.36 TMX Terrain Minerals 0.003 20% 50% -40% 0% 0% $ 7,595,442.82 BNR Bulletin Res Ltd 0.048 -8% -23% 26% 2% 23% $ 14,093,439.50 NXM Nexus Minerals Ltd 0.06 -2% -12% 2% 62% 33% $ 35,621,817.17 SKY SKY Metals Ltd 0.074 1% 14% 48% 131% 37% $ 60,218,873.00 LM8 Lunnonmetalslimited 0.26 -2% 18% 18% 73% 4% $ 56,260,184.37 CST Castile Resources 0.07 15% 23% 0% -1% -13% $ 21,402,400.60 YRL Yandal Resources 0.145 -12% -26% -28% 4% -17% $ 49,477,597.12 FAU First Au Ltd 0.0055 10% 38% 175% 175% 175% $ 13,840,665.89 ARL Ardea Resources Ltd 0.4 -5% -5% -2% -10% 21% $ 86,269,295.15 GWR GWR Group Ltd 0.115 10% 15% 32% 40% 44% $ 37,214,765.33 IVR Investigator Res Ltd 0.027 8% -4% 8% -33% 35% $ 46,783,248.60 GTR Gti Energy Ltd 0.004 33% 0% 33% 33% 14% $ 11,167,964.42 IPT Impact Minerals 0.009 0% 50% -5% -27% -5% $ 37,019,969.71 BNZ Benzmining 1.08 30% 83% 143% 700% 213% $ 195,267,871.35 MOH Moho Resources 0.004 -20% -20% 0% -11% -20% $ 2,981,656.11 MRZ Mont Royal Resources 0.041 0% 0% 0% -23% -5% $ 3,486,221.51 SMS Starmineralslimited 0.044 83% 63% 38% 43% 22% $ 8,232,692.73 MVL Marvel Gold Limited 0.018 29% 38% 64% 125% 100% $ 22,290,651.25 PRX Prodigy Gold NL 0.002 -20% -20% 0% 12% 0% $ 16,854,656.71 AAU Antilles Gold Ltd 0.005 0% 0% 0% 25% 67% $ 12,562,840.08 CWX Carawine Resources 0.083 0% -13% -8% -9% -17% $ 19,598,412.27 RND Rand Mining Ltd 1.81 0% -4% -1% 22% 19% $ 102,945,489.41 CAZ Cazaly Resources 0.023 5% 10% 48% 28% 64% $ 10,148,665.80 BMR Ballymore Resources 0.155 -3% -9% 7% 35% 29% $ 31,958,356.17 DRE Dreadnought Resources Ltd 0.012 0% 20% 9% -25% 0% $ 66,033,500.00 ZNC Zenith Minerals Ltd 0.05 35% 52% 19% 22% 25% $ 23,825,497.37 REZ Resourc & En Grp Ltd 0.017 13% -19% -37% -26% -26% $ 13,454,506.58 LEX Lefroy Exploration 0.13 0% 18% 53% 73% 86% $ 28,568,315.87 ERM Emmerson Resources 0.19 0% 52% 65% 252% 147% $ 120,780,690.36 ADT Adriatic Metals 6.17 3% 4% 47% 131% 58% $ 1,837,440,190.53 AS1 Asara Resources Ltd 0.061 2% 13% 85% 510% 221% $ 83,964,810.85 CYL Catalyst Metals 6.76 6% 36% 57% 223% 162% $ 1,732,403,532.32 CHN Chalice Mining Ltd 1.69 5% -6% 41% 72% 53% $ 645,915,281.06 KAL Kalgoorliegoldmining 0.038 0% -17% -55% 58% 111% $ 14,507,868.84 MLS Metals Australia 0.02 0% 18% -5% 0% -13% $ 13,845,670.96 SRN Surefire Rescs NL 0.0015 -25% -25% -49% -70% -49% $ 5,635,288.88 WA8 Warriedarresourltd 0.155 3% 41% 210% 172% 252% $ 178,189,257.75 HMX Hammer Metals Ltd 0.0255 -2% -6% -20% -31% -23% $ 23,081,726.20 WCN White Cliff Min Ltd 0.026 4% 13% 37% 86% 63% $ 60,959,653.65 AVM Advance Metals Ltd 0.038 -12% -5% -31% 90% 12% $ 11,902,040.32 ASR Asra Minerals Ltd 0.002 0% 0% -33% -64% -33% $ 6,000,297.01 ARI Arika Resources 0.042 14% 14% 12% 110% 56% $ 34,460,975.64 CTO Citigold Corp Ltd 0.004 0% 0% 0% -20% 0% $ 12,000,000.00 SMI Santana Minerals Ltd 0.6 -5% 5% 1% 35% 24% $ 448,085,578.50 M2R Miramar 0.004 0% -20% 0% -33% 33% $ 3,987,293.14 MHC Manhattan Corp Ltd 0.023 -4% 15% 15% 15% 21% $ 12,819,593.31 GRL Godolphin Resources 0.015 25% 50% -12% 15% 3% $ 6,284,226.37 SVG Savannah Goldfields 0.019 19% -10% -17% -28% 3% $ 19,406,809.66 EMC Everest Metals Corp 0.11 -8% -24% -33% -12% -19% $ 25,775,094.33 GUL Gullewa Limited 0.071 3% 3% 27% 9% 27% $ 15,479,574.21 CY5 Cygnus Metals Ltd 0.088 -2% 4% -39% 57% -12% $ 94,630,333.84 G50 G50Corp Ltd 0.285 -15% 54% 73% 84% 84% $ 41,755,391.34 ADV Ardiden Ltd 0.165 6% 6% 3% 32% 22% $ 10,315,388.49 AAR Astral Resources NL 0.17 3% 13% 26% 136% 26% $ 235,541,611.80 VMC Venus Metals Cor Ltd 0.098 -2% -20% 11% 46% 46% $ 19,612,868.30 NAE New Age Exploration 0.003 0% -14% -40% -33% -14% $ 8,117,734.22 VKA Viking Mines Ltd 0.006 -25% -14% -25% -25% -25% $ 9,407,641.24 LCL LCL Resources Ltd 0.006 -14% 0% -25% -14% -40% $ 7,195,542.91 MTH Mithril Silver Gold 0.52 6% 5% 41% 352% 30% $ 94,433,132.66 ADG Adelong Gold Limited 0.005 -17% -9% -17% 25% 11% $ 11,243,383.37 RMX Red Mount Min Ltd 0.009 0% 0% 13% -10% 0% $ 4,643,996.33 PRS Prospech Limited 0.022 -4% 0% -15% -37% -24% $ 8,334,169.51 TTM Titan Minerals 0.41 21% 22% -12% -12% 8% $ 106,889,339.46 AKA Aureka Limited 0.094 -2% 3% -48% -99% -30% $ 11,974,776.70 AAM Aumegametals 0.037 -3% 32% -20% -18% -12% $ 21,817,825.09 KZR Kalamazoo Resources 0.135 23% 50% 67% 121% 82% $ 30,760,045.55 BCN Beacon Minerals 1.71 32% 61% 64% 78% 94% $ 180,680,629.77 MAU Magnetic Resources 1.37 -11% -3% 2% -12% 24% $ 368,970,633.63 BC8 Black Cat Syndicate 0.885 1% 8% 17% 164% 57% $ 626,233,855.26 EM2 Eagle Mountain 0.006 0% 0% -25% -85% -33% $ 6,810,223.73 EMR Emerald Res NL 3.53 -1% -4% -16% -2% 9% $ 2,296,069,628.04 BYH Bryah Resources Ltd 0.005 11% -29% 25% 0% 67% $ 5,142,662.66 HCH Hot Chili Ltd 0.675 11% 3% -11% -15% -3% $ 99,529,481.54 WAF West African Res Ltd 2.77 4% 20% 55% 102% 93% $ 3,112,103,955.87 MEU Marmota Limited 0.043 16% 10% -22% 8% 10% $ 48,310,537.39 NVA Nova Minerals Ltd 0.295 -13% -2% -8% 119% -20% $ 120,450,425.10 SVL Silver Mines Limited 0.125 0% -11% 39% -19% 60% $ 251,353,847.04 PGD Peregrine Gold 0.285 2% 50% 128% 54% 104% $ 25,454,322.30 ICL Iceni Gold 0.074 20% 9% -19% 68% 4% $ 23,001,192.93 FG1 Flynngold 0.029 0% -6% -3% 4% 16% $ 11,348,177.63 WWI West Wits Mining Ltd 0.033 32% 65% 120% 136% 136% $ 92,577,777.29 RML Resolution Minerals 0.057 -10% 27% 533% 185% 375% $ 69,205,352.22 AAJ Aruma Resources Ltd 0.009 20% 13% -10% -40% -25% $ 2,951,464.73 HWK Hawk Resources. 0.015 -12% -17% -42% -44% -32% $ 4,334,871.18 GMN Gold Mountain Ltd 0.063 3% -58% -50% -64% -58% $ 7,448,868.97 MEG Megado Minerals Ltd 0.031 -18% -3% 138% 196% 82% $ 19,370,497.86 HMG Hamelingoldlimited 0.051 -6% -24% -19% -47% -20% $ 10,906,696.41 BM8 Battery Age Minerals 0.085 25% 52% 8% -29% -19% $ 11,536,938.55 TBR Tribune Res Ltd 4.8 3% 0% -3% 25% 12% $ 246,599,961.90 FML Focus Minerals Ltd 0.43 13% 19% 105% 207% 153% $ 106,026,698.65 VRC Volt Resources Ltd 0.005 25% 25% 67% 67% 67% $ 18,739,397.64 ARV Artemis Resources 0.005 25% -17% -50% -44% -38% $ 11,462,688.66 HRN Horizon Gold Ltd 0.485 0% -1% -8% 71% 2% $ 73,700,963.43 CLA Celsius Resource Ltd 0.007 0% 17% -36% -46% -36% $ 18,812,930.71 QML Qmines Limited 0.055 2% 20% 6% 2% 2% $ 26,441,029.72 RDN Raiden Resources Ltd 0.004 0% 0% -50% -83% -64% $ 13,803,565.77 TCG Turaco Gold Limited 0.495 3% 1% 36% 96% 94% $ 525,284,633.50 KCC Kincora Copper 0.065 14% 12% 110% 35% 141% $ 15,461,327.90 GBZ GBM Rsources Ltd 0.031 -6% 55% 288% 343% 288% $ 127,349,172.32 DTM Dart Mining NL 0.0025 -17% -17% -58% -82% -72% $ 2,995,138.95 MKR Manuka Resources. 0.046 2% -6% 68% 62% 68% $ 49,007,703.24 AUC Ausgold Limited 0.615 1% 3% 34% 73% 46% $ 256,353,611.69 ANX Anax Metals Ltd 0.006 -14% -25% -45% -68% -50% $ 5,296,845.40 EMU EMU NL 0.023 5% -15% -23% 21% -15% $ 4,858,714.76 SFM Santa Fe Minerals 0.245 2% 2% 562% 581% 690% $ 17,840,603.31 PNR Pantoro Gold Limited 4.31 6% 46% 69% 141% 182% $ 1,689,361,596.78 CMM Capricorn Metals 9.88 1% 6% 24% 66% 57% $ 4,183,827,726.20 VRL Verity Resources 0.024 0% -4% 54% -38% 23% $ 6,711,131.23 HAW Hawthorn Resources 0.053 2% -4% 15% -13% 29% $ 17,420,811.88 BGD Bartongoldholdings 0.795 -2% 6% 152% 231% 224% $ 176,342,429.05 SVY Stavely Minerals Ltd 0.0125 -17% -31% -40% -48% -26% $ 8,836,832.97 AGC AGC Ltd 0.18 3% 16% 29% -35% 16% $ 47,177,499.96 RGL Riversgold 0.004 14% -20% -20% 0% 0% $ 6,734,850.37 TSO Tesoro Gold Ltd 0.035 13% 13% 30% 25% 75% $ 70,513,947.25 GUE Global Uranium 0.064 3% 3% -23% 19% 7% $ 29,104,299.07 CPM Coopermetalslimited 0.057 8% 50% 24% -16% 24% $ 4,466,272.05 MM8 Medallion Metals. 0.315 13% 21% 91% 443% 163% $ 171,292,801.40 FFM Firefly Metals Ltd 1.185 11% 10% 15% 59% 28% $ 787,450,346.83 CBY Canterbury Resources 0.021 -13% -16% -25% -43% -5% $ 4,356,258.82 SLA Solara Minerals 0.23 -2% 35% 67% -12% 156% $ 15,104,879.87 SFR Sandfire Resources 12.18 7% 10% 12% 48% 31% $ 5,366,550,043.40 TAM Tanami Gold NL 0.057 -2% -10% 90% 97% 90% $ 68,155,628.67 NWM Norwest Minerals 0.014 8% 0% 36% -26% 17% $ 14,421,497.31 ALK Alkane Resources Ltd 0.88 6% 29% 38% 102% 73% $ 1,139,672,848.61 BMO Bastion Minerals 0.0015 0% 0% -52% -73% -52% $ 3,307,429.64 IDA Indiana Resources 0.044 22% 22% 38% 112% 72% $ 27,680,495.69 GSM Golden State Mining 0.008 0% 0% -11% -33% 0% $ 2,234,965.04 NSM Northstaw 0.032 3% -6% 62% 164% 102% $ 10,910,312.64 GSN Great Southern 0.027 8% -4% 23% 64% 80% $ 27,910,520.12 VAU Vault Minerals Ltd 0.43 2% 8% 4% 21% 30% $ 2,891,051,187.35 CDR Codrus Minerals Ltd 0.027 35% 0% 35% -7% 59% $ 5,581,828.23 MDI Middle Island Res 0.021 11% 11% 24% 62% 75% $ 5,571,445.45 WTM Waratah Minerals Ltd 0.72 11% 132% 251% 78% 365% $ 188,927,950.50 POL Polymetals Resources 0.77 -3% 1% -4% 208% -3% $ 205,546,997.10 RDS Redstone Resources 0.0045 13% 13% 50% 13% 80% $ 4,137,069.42 NAG Nagambie Resources 0.014 -18% -13% -7% 40% -22% $ 11,642,930.48 BGL Bellevue Gold Ltd 0.875 -2% -3% -31% -36% -22% $ 1,316,007,582.45 GBR Greatbould Resources 0.06 3% -9% -6% 22% 40% $ 53,315,686.50 KAI Kairos Minerals Ltd 0.025 -4% -17% 32% 150% 108% $ 69,816,383.57 KAU Kaiser Reef 0.175 6% -5% 9% 13% 9% $ 100,902,845.50 HRZ Horizon 0.049 -2% -4% -32% 23% 23% $ 138,665,581.63 CDT Castle Minerals 0.06 0% -3% -33% -43% 0% $ 6,960,574.20 RSG Resolute Mining 0.72 10% 7% 106% 13% 82% $ 1,490,787,209.10 EVN Evolution Mining Ltd 8.01 7% 6% 26% 97% 67% $ 15,987,862,581.52 CXU Cauldron Energy Ltd 0.008 -6% -20% -29% -56% -32% $ 14,329,288.06 DLI Delta Lithium 0.165 0% -6% -8% -21% -3% $ 118,343,245.68 ALY Alchemy Resource Ltd 0.0055 0% 10% -31% -8% -21% $ 5,890,381.28 NH3 Nh3Cleanenergyltd 0.063 3% 15% 250% 294% 250% $ 40,055,122.44 OBM Ora Banda Mining Ltd 0.705 3% 0% -30% 57% 8% $ 1,280,996,523.56 AVW Avira Resources Ltd 0.007 0% 0% -22% -65% -65% $ 1,610,000.00 LCY Legacy Iron Ore 0.0085 -6% 6% -15% -41% -15% $ 82,977,361.96 PDI Predictive Disc Ltd 0.455 1% 7% 32% 133% 98% $ 1,193,222,910.88 MAT Matsa Resources 0.073 -1% 14% 38% 192% 109% $ 55,480,692.73 ZAG Zuleika Gold Ltd 0.022 -4% 38% 83% 83% 69% $ 16,431,358.39 GML Gateway Mining 0.027 0% 2% 13% 29% 29% $ 10,629,327.67 SBM St Barbara Limited 0.355 15% 22% 45% 65% 58% $ 378,996,219.35 SBR Sabre Resources 0.011 10% 22% 22% -15% 10% $ 3,944,619.33 STK Strickland Metals 0.15 7% 0% 114% 43% 76% $ 328,042,170.57 CEL Challenger Gold Ltd 0.11 15% 28% 104% 150% 134% $ 206,675,918.90 GG8 Gorilla Gold Mines 0.4 -11% 14% 63% 279% 54% $ 264,952,695.26 NST Northern Star 18.32 5% 11% -1% 29% 19% $ 25,713,874,782.00 OZM Ozaurum Resources 0.067 -7% -26% -46% 52% 123% $ 15,808,029.24 TG1 Techgen Metals Ltd 0.02 5% -19% -42% -30% -40% $ 3,173,314.20 XAM Xanadu Mines Ltd 0.08 1% 1% 60% 45% 63% $ 183,296,895.12 AQI Alicanto Min Ltd 0.026 -7% 0% -33% 73% -30% $ 23,748,003.33 KTA Krakatoa Resources 0.015 25% 36% 67% 36% 58% $ 11,627,010.38 ARN Aldoro Resources 0.325 -7% -7% 3% 333% -14% $ 70,761,375.75 WGX Westgold Resources. 3.09 7% 9% 22% 6% 9% $ 2,840,444,027.12 MBK Metal Bank Ltd 0.01 -17% -9% -38% -40% -33% $ 5,969,507.98 A8G Australasian Metals 0.088 24% 31% 28% 1% 11% $ 4,225,949.93 TAR Taruga Minerals 0.01 11% 43% 0% 67% 0% $ 7,137,540.58 DTR Dateline Resources 0.19 58% 92% 6233% 3700% 5329% $ 639,838,858.00 GOR Gold Road Res Ltd 3.31 0% 4% 27% 86% 61% $ 3,595,980,888.60 S2R S2 Resources 0.084 20% 22% 20% -24% 25% $ 42,123,399.28 NES Nelson Resources. 0.003 0% 0% 0% 0% 0% $ 6,515,782.98 TLM Talisman Mining 0.145 -6% 0% -26% -34% -29% $ 29,189,654.10 BEZ Besragoldinc 0.04 -13% -17% -32% -60% -56% $ 16,619,928.20 PRU Perseus Mining Ltd 3.6 1% 0% 27% 45% 40% $ 4,820,209,060.04 SPQ Superior Resources 0.005 0% 0% -29% -38% -17% $ 14,225,896.35 PUR Pursuit Minerals 0.063 -3% -16% -14% -58% -34% $ 6,558,540.95 RMS Ramelius Resources 2.81 0% 15% 6% 38% 36% $ 5,315,905,975.32 PKO Peako Limited 0.003 20% 20% 0% -25% 0% $ 4,463,225.88 RKB Rokeby Resources Ltd 0.011 -21% 10% 57% 175% 120% $ 19,618,333.68 A1G African Gold Ltd. 0.275 22% 17% 244% 1046% 400% $ 147,525,832.16 NMG New Murchison Gold 0.019 6% 12% 58% 280% 111% $ 188,599,272.28 GNM Great Northern 0.016 0% 14% 7% 45% 14% $ 2,474,065.23 KRM Kingsrose Mining Ltd 0.042 0% 20% 14% 8% 20% $ 30,894,587.28 BTR Brightstar Resources 0.395 -8% -19% -28% -1% -21% $ 228,804,504.85 RRL Regis Resources 4.51 4% 0% 40% 175% 77% $ 3,340,651,487.68 M24 Mamba Exploration 0.013 0% -7% -13% 30% 8% $ 4,279,901.35 TRM Truscott Mining Corp 0.05 0% 2% -33% -17% -36% $ 9,784,428.00 TNC True North Copper 0.355 -3% -12% -11% -91% -88% $ 46,494,717.62 KNB Koonenberrygold 0.04 -2% -23% 25% 208% 233% $ 40,063,140.51 AWJ Auric Mining 0.165 -6% -8% -46% -25% -51% $ 30,686,881.83 ENR Encounter Resources 0.33 14% 18% 32% -32% 2% $ 172,083,350.06 SNG Siren Gold 0.059 7% 18% -5% 5% -9% $ 12,262,354.10 STN Saturn Metals 0.435 6% 7% 71% 142% 112% $ 202,426,497.68 USL Unico Silver Limited 0.39 -3% -8% 77% 129% 100% $ 172,987,783.23 PNM Pacific Nickel Mines 0.024 0% 0% 0% 0% 0% $ 10,103,834.52 AYM Australia United Min 0.002 -20% -33% -33% -33% -50% $ 3,685,154.97 HAV Havilah Resources 0.18 -8% -3% -12% 0% -20% $ 62,066,133.36 SPR Spartan Resources 2.13 0% 7% 58% 69% 51% $ 2,847,436,934.76 PNT Panthermetalsltd 0.008 -20% -27% 0% -68% -27% $ 3,009,045.48 MEK Meeka Metals Limited 0.145 7% 4% 21% 169% 88% $ 408,198,723.80 GMD Genesis Minerals 4.32 8% 5% 31% 96% 75% $ 4,770,912,800.54 PGO Pacgold 0.064 3% 2% 7% -39% -15% $ 14,478,411.01 FEG Far East Gold 0.185 6% 9% 9% 23% 3% $ 66,064,941.54 MI6 Minerals260Limited 0.13 13% 13% 0% 0% 0% $ 258,416,666.63 IGO IGO Limited 5.45 15% 14% 14% 8% 14% $ 4,066,528,155.81 GAL Galileo Mining Ltd 0.145 -3% -3% 12% -9% 16% $ 28,655,614.42 RXL Rox Resources 0.31 0% 0% 38% 121% 55% $ 227,794,202.59 PTN Patronus Resources 0.061 -2% -9% -6% 9% 24% $ 101,518,663.85 CLZ Classic Min Ltd 0.001 0% 0% 0% 0% 0% $ 3,017,699.21 TGM Theta Gold Mines Ltd 0.17 3% -6% 6% 21% -6% $ 163,786,723.63 FAL Falconmetalsltd 0.8 23% 80% 493% 181% 596% $ 111,861,103.41 SPD Southernpalladium 0.655 -5% 9% 66% 63% 9% $ 66,843,750.00 ORN Orion Minerals Ltd 0.011 0% 10% -21% -27% -27% $ 80,097,996.76 TMB Tambourahmetals 0.041 11% 86% 46% -7% 95% $ 7,115,469.89 TMS Tennant Minerals Ltd 0.006 -8% 0% -56% -70% -33% $ 7,461,232.91 AZY Antipa Minerals Ltd 0.57 6% 4% 58% 396% 119% $ 359,342,926.82 PXX Polarx Limited 0.018 0% 80% 100% 125% 177% $ 40,383,516.63 TRE Toubani Res Ltd 0.33 -14% 14% 144% 89% 94% $ 115,830,536.58 AUN Aurumin 0.093 -5% 0% 41% 166% 41% $ 47,530,364.57 GPR Geopacific Resources 0.03 3% 0% 30% 34% 50% $ 95,473,959.78 FXG Felix Gold Limited 0.18 3% 20% 0% 463% 114% $ 74,610,077.87 ILT Iltani Resources Lim 0.205 11% 3% -13% 14% 0% $ 14,506,976.44 BRX Belararoxlimited 0.092 15% 51% -46% -66% -47% $ 17,009,892.59 TM1 Terra Metals Limited 0.076 15% 62% 162% 69% 171% $ 36,798,066.38 TOR Torque Met 0.305 5% 97% 205% 177% 475% $ 150,074,486.90 ARD Argent Minerals 0.022 0% -12% -15% 57% 29% $ 31,815,090.56 LM1 Leeuwin Metals Ltd 0.145 -15% 12% 12% 84% 4% $ 15,624,989.52 SX2 Southgold Consol 5.91 7% -2% 58% 0% 0% $ 844,986,696.00 UVA Uvrelimited 0.12 -8% -4% 46% 33% 35% $ 21,810,727.62 VTX Vertexmin 0.235 9% 1% -25% 187% 13% $ 51,016,619.48 JAV Javelin Minerals Ltd 0.003 50% 50% 0% 100% 0% $ 18,756,674.66 OMX Orangeminerals 0.077 4% 7% 141% 196% 166% $ 12,104,753.16 Gold medal performers Who were some of the top precious metals names this week? Star Minerals (ASX:SMS) It was a quiet week for the Mid West WA gold explorer, which is planning to start mining at the small Tumblegum South gold project in the first quarter of 2026. That could be a tidy little money spinner, with pre-production costs of just $700,000 to $1.5 million predicted on a mine that would generate $9.4-19.6m in cash flow on just 11,800-15,900oz of gold production. And that's at prices ranging from $3000-3800/oz, well below current levels. Mining approvals are in train, with the new streamlined process for small mining operations under the Mining Amendment Act 2022 to come into effect with the laws on September 9 this year. There was a touch of intrigue this week, with Star's creeping share price prompting a trading halt on Thursday. It's due to end on Monday when Star exits the halt to respond to not only the speeding ticket, but also with some much anticipated RC drilling results. Only time will tell what's in store. Dateline Resources (ASX:DTR) Yet more enthusiasm for Donald Trump's (apparent) favourite ASX name this week, having ridden the wave of support from the US Department of Defense and Apple for the nearby Mountain Pass rare earths mine higher this year. Its 1.1Moz Colosseum gold mine in California sits around 10km from MP Materials. It doesn't have any rare earths resources yet, in spite of what commentary from the States and the frightfully named Truth Social might have you believe. But DTR did confirm some high priority rare earths drilling targets in a 3D magnetotelluric survey, identifying a large resistive anomaly with signatures characteristic of carbonatite hosted REE systems. Dateline, too, copped a speeding ticket this week, telling the ASX there was no new info to report outside the Monday announcement on the MT survey. We're now talking a $640m market cap and +5300% gain for DTR this year so far. Good if you can get it.
