Australia Mining

PTR Minerals (ASX:PTR) has identified groundwater sources during drilling at its Rosewood Titanium Project.

Image Resources (ASX:IMA) secured a $5 million cash advance deposit from LB Group to strengthen its balance sheet.

Silver Mines (ASX:SVL) has secured $70 million in firm commitments through a two-tranche placement.

Perpetual Resources (ASX:PEC) completed a low-cost expansion of 62 new lode mining claims surrounding the historic Nevada Scheelite Tungsten Mine.

AIC Mines (ASX:A1M) has executed an agreement to acquire a 100% interest in Materra Metals, owner of the Mt Cuthbert Copper Project.

Eminence Minerals (ASX:EMA) has commenced field exploration across its three pending exploration licence application areas at the Tayra Rare Earth Project.

Global Lithium Resources (ASX:GL1) has made its agreement to acquire 100% of IGO Nova unconditional following regulatory approval.

Insurance Australia Group (ASX:IAG) announced it will make a public benefits application to progress its proposed alliance with the Royal Automobile Club of Western Australia.

Buxton Resources (ASX:BUX) has mobilised McKay Drilling to site and commenced drilling hole MD004DD at its Madman prospect.

Cosmo Metals (ASX:CMO) has coordinated site preparations ahead of drill rig mobilisation to target high-grade copper, gold, and silver mineralisation at the Mona prospect.

Platina Resources (ASX:PGM) received a final US$2 million payment from a subsidiary of Rio Tinto (ASX:RIO) to complete the sale of the Owendale Scandium Project.

Latrobe Magnesium (ASX:LMG) secured firm commitments to raise $8.5 million in new equity capital.