Ora Banda Mining Ltd (ASX:OBM, OTC:ESGFF) has significantly expanded the high-grade, multi-lode gold system at its Little Gem prospect, with Phase 2 drilling confirming a strike length of over 1,000 metres and strong potential at depth. The 16-hole diamond drilling program has returned all assays, with standout results including 8.8 metres at 6.3 grams per tonne (g/t) gold from 320 metres depth in Hole LGDD25008. This intersection sits 400 metres north of a prior hit of 22.7 metres at 5.0 g/t from Hole LGDD25005.
First Phosphate Corp. (CSE:PHOS, OTCQB:FRSPF) has earned a ‘Buy’ rating from Fundamental Research in initial coverage, with the firm’s analysts seeing the stock more than doubling from its current price.
The analysts see First Phosphate at a fair value of C$1.15, implying upside of 160% from its share price at their time of writing.
M2i Global (OTC:MTWO), a developer of global critical minerals infrastructure, will merge with aviation technology firm Volato Group Inc. (NYSE American:SOAR) in a deal that will give M2i access to a NYSE American listing and expand Volato into the fast-growing minerals supply chain sector.
Under the definitive agreement, Volato will acquire all outstanding shares of M2i Global in a stock-based transaction.
New Era Helium Inc (NASDAQ:NEHC) announced that its 50/50 joint venture with Sharon AI, Texas Critical Data Centers, has closed on the purchase of 235 acres in Ector County, Texas, from Grow Odessa for the development of a large-scale AI and high-performance computing (HPC) campus.
The site will host infrastructure including advanced energy systems, cooling technologies, and the potential for carbon capture, utilization, and storage to enhance efficiency and reduce environmental impact, the company said.
Versarien PLC (AIM:VRS, OTC:VRSRF) shares dropped on Tuesday after revealing that an asset sale process failed to find buyers.
The company said it now expects that Versarien Graphene Limited will shortly be placed into administration and Cambridge Graphene Limited and 2-DTech Limited will commence the process of voluntary liquidation. Its Korean unit has already ceased operations.
West Wits Mining Ltd (ASX:WWI, OTCQB:WMWWF) has reported June quarter progress at its Qala Shallows Gold Project in what it calls a “defining period” for the company, including securing a ZAR 875 million (US$50 million) senior syndicated loan facility and completing an updated Definitive Feasibility Study (DFS) highlighting substantially improved project economics.
In addition, mobilisation for the Qala Shallows project has commenced, with key operational and infrastructure works now under way. This includes the re-opening of the mine, the arrival of essential equipment and the execution of major supplier contracts, setting the stage for the project’s transition into active development and ore extraction.
Gaming Realms PLC (LSE:GMR, OTCQX:PSDMF) reported an 18% increase in revenue to approximately £16 million for the six months ended 30 June.
Earnings (adjusted EBITDA) rose by 30% to around £7.5 million.
archTIS Ltd (ASX:AR9, OTCQB:ARHLF)), a global provider of data-centric software solutions for secure information collaboration, will host an investor webinar on Thursday, July 31, 2025, at 11:00am AEST (9:00am AWST).
The session will feature managing director and CEO Daniel Lai and global chief operating officer and US president Kurt Mueffelmann. The pair will present the company’s quarterly financial results.
Novo Resources Corp (TSX:NVO, OTCQX:NSRPF, ASX:NVO) has delivered robust results for the June 2025 quarter, with highlights including its completion of a maiden reverse circulation (RC) drilling program at the Clone prospect within the Tibooburra Gold Project in New South Wales, where significant high-grade gold intercepts were recorded.
The drilling results, demonstrating continuity in both grade and width, confirm the presence of a substantial gold system at Tibooburra, with high-grade mineralisation now defined over a 300-metre strike and remaining open to the north. This sets the stage for follow-up drilling to test the northern extension of the mineralised zone.
Ora Banda Mining Ltd (ASX:OBM, OTC:ESGFF) lifted its cash balance to A$84.2 million during the June 2025 quarter, despite investing A$40.9 million in capital, resource development, and exploration. Gold sales for the period reached 20,220 ounces (oz), contributing to a full-year total of 91,687oz — up 36% on the previous year. FY25 gold production, including attributed ounces, was 92,399oz, up 32%.
Production was temporarily impacted by delays at Riverina and slower ramp-up of mill upgrades. However, the company began third-party ore sales to Norton Gold Fields (NGF), generating 1,389oz in attributable equivalent production. Full-year all-in sustaining cost (AISC) was A$2,693/oz, down from FY24, despite a spike in the June quarter AISC to A$3,583/oz.
Resolution Minerals Ltd (ASX:RML, OTC:RLMLF) will pursue a dual listing on the NASDAQ stock exchange, to join peer-listed companies including MP Materials Corp (NYSE: MP, market cap A$17.3 billion) and Perpetua Resources Corp (NASDAQ: PPTA, market cap A$2.8 billion).
RML has appointed Dominari Securities LLC, a US investment bank part-owned by Donald Trump Jnr and Eric Trump, and Revere Securities LLC as advisors to facilitate the listing, which is designed to provide access to the world’s largest capital market and expand the company’s exposure to US investors, strategic partners and government-linked funding.
Prescient Therapeutics Ltd (ASX:PTX, OTC:PSTTF) has raised A$6.8 million via a Share Purchase Plan (SPP) to accelerate Phase 2 clinical development of its lead cancer therapy candidate, PTX-100. In response to investor interest beyond the SPP cap, the company has entered a trading halt to launch a follow-on placement to sophisticated and professional investors at the same share price of A$0.04 — an 11.1% discount to the last traded price on July 28, 2025.
The funds will support PTX-100’s continued development toward regulatory approval.
Solis Minerals Ltd (ASX:SLM, TSX-V:SLMN, OTCQB:SLMFF) has defined three copper-gold drill targets at its 100%-owned Cinto Project in southern Peru following an Induced Polarisation (IP) geophysical survey. The anomalies — aligned with earlier geochemistry and magnetometry — provide strong support for a maiden drilling campaign in the December quarter of 2025. Permitting is now underway via Peru’s streamlined Ficha Technica Ambiental (FTA) process.
The company is concurrently progressing its copper-gold drilling activities at Chancho al Palo and soon at Ilo Este, enhancing its multi-project growth pipeline in Peru’s porphyry-rich terrain.
Evion Group NL (ASX:EVG, OTC:EVIGF) has become the only African graphite project listed under the EU Critical Raw Materials Act (CRMA) after its flagship Maniry Graphite Project in Madagascar was formally listed as a Strategic Project under the legislation. This major endorsement from the European Union sees Maniry become the only African graphite project among just 13 non-EU ventures recognised by the European Commission. This milestone enhances the project's profile in the EU’s efforts to secure sustainable supplies of key materials needed for energy transition technologies.
Evion managing director David Round said the endorsement validates Maniry’s potential to become a long-term supplier of world-class graphite and downstream materials. The company is now advancing talks with the EU Advisory team on grant funding and introductions to major energy and EV manufacturers.