The S&P/ASX Small Ordinaries Index (XSO) closed at 3,345.30 on Monday, down 10.20 points or 0.30%. Over the past five trading days, the index has gained 10.80 points, or 0.32%.
The quarterlies are now starting to flow, interspersed with further milestones.
Antipa consolidates projects and lifts resource base
Antipa Minerals Ltd (ASX:AZY) completed the consolidation of its 100%-owned Minyari Dome, Wilki, and Paterson Projects into the 4,100 square kilometre Minyari Project. An updated Mineral Resource Estimate released in May increased the company’s total gold equivalent resource to 3.0 million ounces at 1.94 grams per tonne.
Constellation expands natural hydrogen portfolio
Constellation Resources Ltd (ASX:CR1) advanced its natural hydrogen ambitions, securing rights over 87,602 square kilometres in Western Australia. Technical analysis suggests the Edmund-Collier Basin may host significant hydrogen generation potential. Total Organic Carbon levels across eleven diamond holes returned up to 5.24%, considered excellent for natural hydrogen generation.
D3 Energy resumes testing at RBD10 well
D3 Energy Ltd (ASX:D3E, OTCQB:DNRGF) recommenced flow testing at its RBD10 well in South Africa’s Free State. The well delivered 276 thousand standard cubic feet per day (Mscfd) over a 6.9-day period—up 39% from initial test results—indicating possible recharge from deeper source rocks.
Evion Group’s graphite project recognised by EU
Evion Group NL (ASX:EVG, OTC:EVIGF) announced that its Maniry Graphite Project in Madagascar has been recognised as a Strategic Project under the European Union’s Critical Raw Materials Act, one of only 13 non-EU projects with this designation and the sole African graphite project selected.
Greatland delivers strong FY25 close
GREATLAND RESOURCES LIMITED (AIM:GGP, OTC:GRLGF, ASX:GGP) reported full-year operational cash flow exceeding A$600 million and gold production of 198,319 ounces at an all-in sustaining cost of A$1,849 per ounce. The company closed the June quarter with A$575 million net cash, supporting growth initiatives in FY26.
Leeuwin advances Marda and regional targeting
Leeuwin Metals Ltd (ASX:LM1) drilled over 5,000 metres across the Marda Gold Project, with assays confirming thick, high-grade mineralisation. Regional brownfields work also progressed as the company aims to rapidly scale resources across the Yilgarn.
Nova targets gold-antimony growth in Alaska
Nova Minerals Ltd (ASX:NVA, NASDAQ:NVA, OTC:NVAAF) launched a 15,000-metre drill program at its Alaskan projects, including RPM, Korbel and the new Stibium prospect, targeting both gold and antimony. The program aims to underpin feasibility studies and advance permitting.
Novo delivers high-grade gold at Tibooburra
Novo Resources Corp (TSX:NVO, OTCQX:NSRPF, ASX:NVO) completed its maiden reverse circulation drilling at the Clone prospect, returning highlights such as 12 metres at 5.90 grams per tonne gold from 16 metres, and 17 metres at 2.40 grams per tonne from 59 metres. The mineralised shoot remains open along strike.
Ora Banda strengthens cash, expands resource base
Ora Banda Mining Ltd (ASX:OBM, OTC:ESGFF) increased its cash balance to A$84.2 million during the quarter while progressing key development projects. The Sand King underground mine reached steady-state production, while high-grade hits at Riverina and new mineralisation at Waihi and Little Gem confirmed growth potential.
St George makes rare earths downstream progress
St George Mining Ltd (ASX:SGQ) delivered rare earths product to Brazil’s proposed MagBras magnet facility. Executive Chairman John Prineas noted the strategic importance of Brazil’s downstream capacity and the potential for public-private partnerships to reshape global rare earths supply chains.
Solis identifies new copper drill targets in Peru
Solis Minerals Ltd (ASX:SLM, TSX-V:SLMN, OTCQB:SLMFF) identified three high-priority drill targets at its Cinto Project in southern Peru. The targets were defined by recent induced polarisation survey results and complement previous geochemical and drone magnetometry findings in the underexplored region.