31/03/2025

Latest minerals industry updates for February to March 2025

The Geological Survey of Victoria regularly scans exploration and mining activity across the state and compiles a list of recently issued media releases by companies.

The Geological Survey of Victoria regularly scans exploration and mining activity across the state and compiles a list of recently issued media releases by companies.

Releases from late January to March 2025 can be found below:

ACDC Metals

17 February 2025 - Metallurgical Testwork and Marketing Study Complete for Goschen Central Bulk Sample

Adelong Gold

7 February 2025 - Adelong Gold Successfully Completes Capital Raise

13 February 2025 - Adelong Gold acquires advanced, high-grade gold project Victoria, Australia

18 March 2025 - High-Grade Antimony-Gold Potential Identified at Heyfield Reef Prospect, Apollo Project VIC

Agnico Eagle

13 February 2025 - Agnico Eagle provides an update on 2024 exploration results and 2025 Exploration plans - mineral reserves increase 1% year-over-year to 54.3 Moz; updated mineral reserves of 2.8 Moz at Upper Beaver; inferred mineral resources increase 9%

13 February 2025 - Agnico Eagle Mines Limited - Agnico Eagle reports fourth quarter and full year 2024 results - record annual gold production and free cash flow; balance sheet strengthened by further debt reduction; updated three-year guidance

Aureka

7 February 2025 - Drilling Update – Second Project Commences Drilling

14 March 2025 – Drilling identifies EARLY Presence of Sulphide Minerals

24 March 2025 - Strategic Land Purchase at Irvine Project

Bubalus

20 February 2025 - Field programs commence on Victorian gold-antimony projects

17 March 2025 – Drilling to commence at Crosbie South Gold Project

27 March 2025 - Option to acquire historical high-grade gold project

Catalyst Metals

24 March 2025 - Catalyst to sell Henty while simultaneously unlocking value in Victoria

ECR Minerals

3 February 2025 - Operations update

Falcon Metals

24 March 2025 - Positive Mineralogical Results at Farrelly

Gippsland Critical Minerals

18 February 2025 - Our unique Critical Minerals opportunity

18 February 2025 - Message from GCM’s CEO

20 February 2025 - Gippsland Critical Minerals has released its February-March newsletter for the Fingerboards Critical Minerals Project

20 February 2025 - GCM provides updates on current priorities and community briefings planned from mid-March

5 March 2025 - Gippsland Critical Minerals kicks off community conversations

18 March 2025 - Community Reference Group Slide Presentation

18 March 2025 - Community Reference Group CEO Speaking Notes and Slides

21 March 2025 - GCM provides an update on Fingerboards Project rescoping including 12 initial design changes

Great Pacific Gold

12 February 2025 - Great Pacific Gold Announces Sale of Golden Mountain Project in Victoria, Australia

Iluka Resources

19 February 2025 - Goschen South Mineral Resources Estimate

Infinity Lithium

31 March 2025 – Infinity acquires gold projects

Kaiser Reef

7 February 2025 - Further Results from A1 Drilling

20 February 2025 – Amended Further High-grade results from the Nova Zone

24 March 2025 – Transformational Acquisition of the Henty Gold Mine

Mandalay Resources

20 February 2025 - Mandalay Resources announces record financial performance in 2024, generating $69 million in free cash flow

20 February 2025 - Mandalay Resources reports 2024 Mineral Reserves and Resources approaching two million gold equivalent ounces in Measured and Indicated Resources

Nagambie Resources

10 February 2025 - Antimony Veins in Whroo Gold Mines

20 February 2025 - New Antimony-Gold Intersections at the Nagambie Mine

27 February 2025 - Production Target Retraction and Replacement Announcement: New Antimony-Gold Intersections at the Nagambie Mine

North Stawell Minerals

5 March 2025 – Diamond Drilling commenced at Darlington: 2nd Target in Current Program

19 March 2025 – Darlington: 120m step-out hole intersects zone with visible gold.

S2 Resources

10 February 2025 – Drilling starts at Yeungroon testing extensive gold-arsenic anomalous corridors

24 February 2025 - S2 acquires fourth new gold project in Victoria from Valkea Resources as the final part of the recently completed sale of its Finnish assets

6 March 2025 – Exploration update: New IP anomalies st Fosterville, first aircore completed at Yeungroon

12 March 2025 – Drilling of high impact targets starting on multiple fronts

Southern Cross Gold

29 January 2025 - Southern Cross Drills 204.1 g/t Gold Over 1.7 Metres in 350 Metre Down Dip Extension at Christina

18 February 2025 - Southern Cross’ Latest Drilling Results Reinforce Sunday Creek's Global Significance

25 February 2025 - Southern Cross Gold Extends High-Grade Gold-Antimony Mineralization 200 Metres to West at Christina, Sunday Creek

3 March 2025 - Southern Cross Gold Doubles Exploration Target with Increasing Grade at Sunday Creek Gold-Antimony Project

11 March 2025 - Southern Cross Gold Commences Permitting Process for Sunday Creek Exploration Tunnel

26 March 2025 - SXGC Expands Golden Dyke with 5.4 m @ 29.6 g/t Gold Intercept

VHM Limited

13 February 2025 - Staged Expansion to Critical Minerals Production

20 February 2025 - VHM Awarded Major Project Status for a further three years

WIM Resource

19 March 2025 - Avonbank Mining Licence Application announcement