Mining Jobs - MES

30 June 2025 | Perth, WA – Brightstar Resources (ASX:BTR) and Aurumin Limited (ASX:AUN) have entered into active merger discussions aimed at consolidating their tenement holdings in the Sandstone region of Western Australia into a single, large-scale gold project.

The proposed combination would merge the companies’ assets into a ~2.4Moz gold resource base, creating one of the most significant near-term gold development opportunities in WA’s Goldfields. The two boards have agreed on non-binding indicative terms for a scheme of arrangement under which Brightstar would acquire Aurumin for scrip consideration, offering 1 Brightstar share for every 4.6 Aurumin shares.

Based on Brightstar’s 20-day VWAP of $0.54 per share, the deal implies:

17 June 2025 | Perth, WA – Cazaly Resources (ASX:CAZ) has commenced RC drilling at the Duke of York prospect, marking the first phase of exploration at its recently acquired Goongarrie Gold Project, 90km north of Kalgoorlie in Western Australia’s Eastern Goldfields.

The initial 2,000m drill campaign targets historic workings and will validate previous high-grade intercepts, including:

• 13m @ 3.5g/t Au

• 8m @ 10.7g/t Au

The prospect lies along the Bardoc Tectonic Zone, a fertile structure associated with major deposits throughout the Kalgoorlie region. The drilling will inform follow-up programs targeting mineralisation along strike and down plunge.

Managing Director Tara French commented: