Aeris Resources - $35.1 million Equity Raising to Accelerate Exploration Programs

Established Australian copper producer, Aeris Resources Limited (ASX: AIS) has launched a $35.1 million equity raising to accelerate exploration programs at Tritton and Torrens and significantly strengthen Aeris’ financial position to deliver a pathway to growth and unlock shareholder value. The fully underwritten equity raising comprises an Institutional Placement to raise approximately $8.4 million and a 1 for 2.1 Accelerated Non-Renounceable Entitlement Offer to raise approximately $26.7 million.

Golden Rim Resources - Completion of Capital Raising

Emerging gold stock Golden Rim Resources (ASX: GMR) has completed a capital raising priced at 2.6c a share and comprising a $3 million placement (before costs) and a share purchase plan that contributed $392,000. Funds raised will be used by Golden Rim to advance its Kouri gold project in Burkina Faso. Work will focus on follow-up reverse circulation drilling of the new Red Hill discovery, which is only 4.5km from Kouri's mineral resource.

Zenith Minerals - Drilling recommenced at Split Rocks lithium project

Zenith Minerals (ASX: ZNC) has begun drilling at its Split Rocks lithium project in the Yilgarn region with plans to test five large-scale geochemical targets in this 100+ hole first-pass drilling campaign. The Split Rocks project is 40km north of Kidman Resources' (ASX: KDR) Mt Holland lithium project. A key focus of Zenith's attention is the Dulcie prospect, a 950m long zone of pegmatites that returned strongly anomalous lithium results from shallow aircore drilling.

Gold Road Resources - Precious Metals Summit Colorado Presentation

Days into his job, Gold Road Resources' (ASX: GOR) new managing director Duncan Gibbs has given an upbeat presentation about the well-funded gold development and exploration company at the Beaver Creek Precious Metals Summit. Mr Gibbs' focus was on the fast-approaching first-gold target from the $621 million Gruyere mine development, which is slated to come on line in the June 2019 quarter. Next stop on the investor circuit - the Denver Gold Forum.

Ventnor Resources - Silica Sand Bulk Testwork Reults

Aspiring high-quality minerals sands company Ventnor Resources (ASX: VRX) says bulk metallurgical testwork at its Arrowsmith and Muchea silica sands projects north of Perth has confirmed the potential to produce sought-after glassmaking materials. Ventnor is now focussed on establishing mineral resource estimates for the Arrowsmith North and Muchea deposits in coming months and calculating likely capital costs before the end of the year.

Nexus Minerals - Acquire Strategic Wallbrook Landholding from Newmont

Eastern Goldfields explorer Nexus Minerals Limited (ASX: NXM) has executed a Tenement Sale and Purchase Agreement with Newmont. Nexus has moved to acquire a 190km2 Newmont tenement package adjacent to the Company's existing Wallbrook Gold Project. Post completion, Nexus’ greater Wallbrook Project will cover 250km2 of prospective geological units known to host significant district gold mineralisation. The Company will also accelerate exploration across the enlarged underexplored Project in Western Australia.

Tribune Resources - Special Dividend of $3.50 per share delivers value to all shareholders

Gold miner Tribune Resources (ASX: TBR) has responded to investor feedback by declaring a $3.50 a share special dividend, fully franked. The dividend is being funded by Tribune's sale of its accummulated gold bullion holdings. The special dividend follows the payment of two smaller dividends since July last year by the company, which owns 36.75% of the East Kundana Joint Venture gold mining operation in the Goldfields.

Doray Minerals Limited - 100,000oz Da Vinci High-Grade Resource

Investors have applauded Doray Minerals (ASX: DRM) after the miner delivered a large upgrade to the Da Vinci resource at its Deflector gold-copper mine in WA's Mid West and spelt out details of the Target 1-5-1 goal. Da Vinci's resource has been upgraded to 248,000t at 12.5 g/t for 100,000oz and will play a key part in Doray's goal to increase Deflector's production to 100,000ozpa, extend the mine life beyond five years and cut all-in sustaining costs to below $1000/oz.

Gold Road Resources - Yamarna Exploration Update

Gold Road Resources (ASX: GOR) says exploration at its Yarmarna exploration project in WA's north-eastern Goldfields is delivering value across its project pipeline, including confirming high-grade gold mineralisation at more than 12 bedrock prospects. Drilling is under way at the high-priority Romano target, along strike from the world-class Gruyere deposit. Gold Road is carrying out one of Australia's largest greenfields exploration programs.

Aeris Resources - Restructure of Contingent Instrument Facility

Emerging mid-tier copper producer, Aeris Resources (ASX: AIS) has completed a restructure of its contingent instrument facility, for environmental bonding, in conjunction with major shareholder and key financier, Special Portfolio Opportunity V Limited (SPOV), a subsidiary of a fund managed by PAG. The new facility has been provided by ANZ Banking Group with SPOV providing a guarantee to ANZ until 14 March 2021.