Latest Minerals Industry Updates For November 2024

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 November 2024 – January 2025 can be found below:

ACDC Metals

3 December 2024 – ACDC Metals Delivers Significant Resource Upgrade for Heavy Mineral Sands and Rare Earth Elements at Goschen Central

13 December 2024 – Government Support for Victorian Minerals Projects Affirmed with Release of Critical Minerals Roadmap and Project Approvals

Advance Metals

7 January 2025 – Newly-acquired high grade portfolio presentation https://wcsecure.weblink.com.au/pdf/ADC/02889628.pdf

17 January 2025 – Advance to undertake diamond drilling program at the Myrtleford Gold Project

24 January 2025 – Initial drilling program defined for high grade gold targets at Myrtleford

Aureka

17 December 2024 – Targeted Explorational Drilling Program to begin in January

15 January 2025 – Exploration Drilling Commences at Irvine and Tandarra

Australian Rare Earths

6 December 2024 – AR3 awarded $5M Federal Government grant for Koppamurra Project

7 January 2025 – $5 million Australian Government grant agreement finalised – $750,000 initial instalment received

Falcon Metals

12 December 2024 – Mineral Sands and Gold Drilling Recommences in Victoria

Gippsland Critical Minerals

10 December 2024 – GCM welcomes the inclusion of the Fingerboards Project in the Victorian Critical Minerals Roadmap

16 January 2025 – Gippsland Critical Minerals is pleased to publish our first newsletter for the new Fingerboards Critical Minerals and Rare Earths Project

Great Pacific Gold

3 December 2024 – Great Pacific Gold to sell Reedy Creek for $1 million Cash on Closing, $3 million Cash on Milestones and 6 million Shares of Canadian Issuer

Kaiser Reef

3 December 2024 – Maldon Mine Restart Study

5 December 2024 – First toll treatment agreement at Maldon

12 December 2024 – KAU commences diamond drilling to target high-grade gold at A1 Gold Mine, Victoria

16 January 2025 – Amended High-grade exploration results from the Nova Zone – up to 65 g/t GOLD

Mandalay Resources

17 December 2024 – Mandalay Resources Announces 2025 Outlook and Guidance for Gold and Antimony Production

28 January 2025 – Mandalay Intercepts 578 g/t Gold and 20% Antimony over 0.47 Metres at True Blue, a Potential Costerfield Mine Extension

Nagambie Resources

15 November 2024 – Replacement Announcement: Gold-Antimony JORC Resource Updated 322,000 Oz Gold Equivalent (AuEq) at 18.6 g/t AuEq

19 November 2024 – Recommencement of Gold-Antimony Resource Drilling First 5 holes targeting western end of N1 Lode

North Stawell Minerals

16 January 2025 – 2025 Drilling Program Commenced

S2 Resources

4 December 2024 – S2 acquires three new gold projects in Victoria from Valkea Resources as part of the recently completed sale of its Finnish assets

13 January 2025 – S2 starts 2025 with exploration on multiple fronts

Southern Cross Gold

13 November 2024 – Close Spaced Drilling at Rising Sun confirms continuity

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