LEVRD

Aureka Ltd (ASX: AKA) came back to the ASX in December 2024 with 304,000 ounces in the Victorian goldfields. It now has 455,000 ounces and, once the High Grade Holdings deal completes, an operating high-grade mine and one of only six licensed gold mills in Victoria. Managing Director James Gurry and Chief Operating Officer Zane Smith join LEVRD to talk through why a toll-milling deal at Wedderburn...

Gum Creek has produced over a million ounces of gold and has sat on care and maintenance since 2005. Horizon Gold (ASX: HRN) has now delivered a Definitive Feasibility Study with a A$894 million post-tax NPV. Managing Director and CEO Scott Williamson joins LEVRD to talk through what failed on the previous iterations, the 728,000oz maiden Ore Reserve, new drilling at Kingfisher, Howards and Heron...

Ballard Mining (ASX: BM1) guided the market to 1.5 million ounces at Mt Ida and delivered 1.84 million (20.4Mt @ 2.8g/t). Managing Director Paul Brennan joins LEVRD to break down the beat, the 40,000 samples still sitting at the lab, the pivot from chasing ounces to infill for an Ore Reserve, Baldock's unchanged 3.5g/t grade, the regional open pits, the cash runway to FID, and what Mt Ida looks li...

BOA Resources (ASX: BOA) has hit copper in all six holes reported so far from its maiden drill program at Ricci Lee, including 14m at 2.49% Cu with 7m at 4.6%, and 40 RC holes are still at the lab. Graeme Purcell joins LEVRD to talk about why a 5,500m program became 7,364m across 46 holes, what the first results prove, the path to a resource, cash, and the Thaduna and Green Dragon deal that brings...

Sunshine Metals (ASX: SHN) has just released its updated Liontown gold study, and Managing Director Damien Keys joins LEVRD to unpack it: $179.8 million of net operating cashflow, AISC of $2,579/oz and a maximum cash drawdown of just $5.5 million. We cover the Mt Moss plant build, the 220km haul, the funding, the base-metal upside and the hunt for a second Pajingo at Sybil. WHAT WE COVERED - The u...

AuKing Mining (ASX: AKN) has spent five months turning itself into a Malawi rare earths company. Managing Director Paul Williams joins LEVRD to go through the first assays from Tundulu, the six projects bought from Tusker Minerals, how the basket stacks up against Lindian's Kangankunde and Mkango's Songwe Hill, and how a company with A$1.33 million in the bank funds a maiden resource. WHAT...

Auric Mining (ASX: AWJ) has mined gold, made money, and done it twice. Managing Director Mark English joins LEVRD to talk through the A$38 million pulled out of Jeffreys Find and Munda, the Union Jack acquisition that just lifted group inventory 51% to 301,000 ounces, the hire of former Black Cat Syndicate boss Gareth Solly, and the A$137 million plan to build Auric its own mill at Burbanks. WHAT...

Critica Limited (ASX: CRI) CEO Jacob Deysel joins LEVRD to unpack one of the more unusual critical minerals stories on the ASX — a single company carrying rare earths, yttrium, gallium, tin and tungsten across two Australian projects. WHAT WE COVER - The five-commodity basket - Which of the five Critica sees the most future demand for, and why - China's chokehold: ~98% gallium, ~85%+ rare eart...

Scott North from Kamoa Capital joins me for the Weekly Wrap. On the desk this week: Kaoko Metals (ASX: KAO) and that ripper copper run in Namibia, Talon Metals (TSX: TLO) dropping high-grade nickel-copper from the Vault Zone, why the copper market is looking properly bullish, two gold mergers that make all the sense in the world but could drag out forever, St Barbara's (ASX: SBM) cash pile bur...

Paul Bennett takes us through where Medallion Metals (ASX:MM8) actually sits on the build — Macmahon announced, box cut underway, ball mill landing in Fremantle on 17 September and first Ravensthorpe ore still pinned to Q2 CY2027. We also get into the $60 million raise, a Gem intercept of 5.3m @ 33.3g/t Au and 1.7% Cu, a Hillsborough Deeps hit that looks more like a copper lode than a gold one, an...

Adam Oehlman returns to the desk three months after his first sit-down, and this time he's got assays. Sierra Nevada Gold (ASX: SNX) has finished 28 holes at the As Safra Copper-Gold Project in Saudi Arabia, stretched the Central Copper Zone from 400m to more than 800m of strike, and stumbled onto a polymetallic breccia 400m south of where it was aiming — the highest-value intercept in the entire...

Ballard Mining (ASX:BM1) MD Paul Brennan sits down with LEVRD to unpack the Mt Ida gold project: a 1.0Moz @ 3.5 g/t Baldock resource, seven granted mining leases, a full permitting stack, $61.8m in the bank — and no mill. We get into the Delta Lithium mineral rights split, what Aurenne's 2.5Mtpa plant next door really means and how the MRE → Reserve → DFS → FID timeline is tracking toward H1 2...

NewPeak Metals (ASX: NPM) Managing Director Mark Purcell joins LEVRD to unpack Las Opeñas — the San Juan, Argentina gold-silver project that just returned 657m @ 0.30g/t AuEq from surface in LODH-027, about 45m from July's discovery hole. Covered in this episode: - Company history — Dark Horse Resources to NewPeak Metals, and what Purcell brought from Goldman Sachs, Rothschild, Rio Tinto, Peabody...

Copper M&A is running hot, Boss Energy fronts up with another disappointment, and Robert Friedland pulls more money out of Washington. Matt Michael (LEVRD) and Scott North (Kamoa Capital) run through the week that was in mining. On the desk this week: - Copper M&A — who's buying, who's next - Firefly Metals study + the North Queensland copper story - Lynas Rare Earths and that cash...

Tronox came onto the Lion Rock Minerals (ASX: LRM) register at 5.6 cents in October 2025 and has publicly named the Minta project in Cameroon as a potential feedstock source for a rare earths plant it's seeking up to US$600m of US and Australian export credit agency funding for. The stock is now around 2.0 cents, down roughly 70% in a year, with no Mineral Resource Estimate and under A$7m in t...

Dom Duggan took the CEO chair at Patriot Resources on 2 February and was made Managing Director part-way through the year. Six months in, he sits across a Peruvian silver deposit with a 31.4Moz Inferred resource and a conceptual exploration target roughly twenty times that size, a maiden copper discovery in Zambia drilled for about A$200 a metre, a new Copperbelt licence, and a fresh $3m raise. We...

Atomic Eagle Limited (ASX: AEU | OTCQX: AEUXF) has agreed terms on a new Mining Convention with the Republic of Niger, re-establishing its interest in the Madaouela Uranium Project — a 116.5Mlb U₃O₈ resource at 1,282ppm (foreign estimate) built on roughly 600,000 metres of historical drilling and feasibility-level studies. The deal ends a dispute that began with the project's 2024 expropriatio...

Ken Hoffman called the lithium bottom before the market did. Ten months on, Chinese carbonate has gone from CNY 61,000 a tonne to CNY 148,000, copper has printed a record US$14,455, and the demand engine driving all of it — stationary storage — is one almost nobody had in their models three years ago. What we covered: - Why he called the lithium bottom early, and what was in the data everyone else...

Leeuwin Metals (ASX: LM1) has grown the Marda Gold Project from an acquisition in March 2025 to a 378,600oz JORC resource sitting entirely on granted mining leases — all for a market capitalisation of around A$23 million. In the space of three weeks in June, Forrestania Resources (ASX: FRS) went from nothing to 10.37% of the register, timing part of that buying to its A$300m acquisition of the Edn...

Nine months after listing at 25 cents, PC Gold (ASX: PC2) has an interim resource of 1.51moz at Spring Hill in the Northern Territory — an 84% increase in a single update. Chairman Ash Pattison joins us to go through what's actually in that resource, why the high-grade Link Zone has the market's attention, and how a 1.1 g/t deposit gets financed in a district where nobody else is building...

Rhod Grivas has spent 35 years in Western Australian gold and was involved in the discovery of Rubicon, Hornet and Pegasus at Kundana — a camp that has yielded more than five million ounces. So why is he now chairman of Golden Dragon Mining (ASX:GDR), a company that listed last October at 20 cents with a market capitalisation under $9 million? In this conversation, Rhod walks through what he saw a...

Power Minerals Limited (ASX: PNN) has delivered exceptional high-grade rare earth results from the first hole of its maiden drilling program at the Morro do Ferro Project in Minas Gerais, Brazil. CEO Alistair Stephens joins us to unpack the numbers, what they mean for the maiden Mineral Resource Estimate targeted before year-end, and why an unexpected gallium intersection could reshape the project...

Fenix Resources (ASX: FEX) just shipped the biggest quarter in its history — 1.3 million tonnes in June, exiting the year above 5Mtpa annualised. The share price has gone the other way. Chairman John Welborn returns to explain why, and what happens next. We last spoke in April, when a cyclone had just hit the Pilbara, diesel was blowing out and the stock was at A$0.33. Since then: record tonnes, a...

Techgen Metals (ASX:TG1) is about to put a drill bit into ground that has never been drilled — despite rock chips grading up to 52.3% copper and 5.35g/t gold at surface. Managing Director Ashley Hood joins us to walk through the maiden diamond drilling program at the Blue Devil Copper-Gold Project in WA's Kimberley, why earlier explorers walked past it, and what modern geophysics revealed that...

BOA Resources (ASX: BOA) has moved fast — from a 49% exploration interest in the Neds Creek copper play to acquiring 100% of Core Value Australia plus the Thaduna and Green Dragon deposits from Sandfire Resources. In this interview, newly appointed Managing Director Graeme Purcell walks us through the transformation: how the deal came together, why Sandfire now sits on the register as a ~6.2% shar...